The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPHABET CL A ORD CAP STK CL A 02079K305   1,136,418,629 6,852,087 SH   SOLE   6,852,087 0 0
Apple COM 037833100   363,151,237 1,558,589 SH   SOLE   1,558,589 0 0
AUTOMATIC DATA PROCESSING COM 053015103   1,541,889,749 5,571,820 SH   SOLE   5,571,820 0 0
BROWN FORMAN CORP CLASS B CL B 115637209   492,516,944 10,010,507 SH   SOLE   10,010,507 0 0
CHOICE HOTELS INTERNATIONAL ORD COM 169905106   95,626,128 733,892 SH   SOLE   733,892 0 0
CHURCH AND DWIGHT ORD COM 171340102   720,764,198 6,882,775 SH   SOLE   6,882,775 0 0
CLOROX COMPANY COM 189054109   99,944,796 613,497 SH   SOLE   613,497 0 0
COGNEX CORP COM 192422103   77,204,178 1,906,276 SH   SOLE   1,906,276 0 0
EQUIFAX INC COM 294429105   106,767,566 363,328 SH   SOLE   363,328 0 0
EXPONENT INC COM 30214U102   96,429,069 836,477 SH   SOLE   836,477 0 0
FORTINET ORD COM 34959E109   784,673,622 10,118,293 SH   SOLE   10,118,293 0 0
GRACO ORD COM 384109104   99,729,984 1,139,641 SH   SOLE   1,139,641 0 0
HOME DEPOT ORD COM 437076102   59,894,638 147,815 SH   SOLE   147,815 0 0
IDEX ORD COM 45167R104   77,756,465 362,501 SH   SOLE   362,501 0 0
IDEXX LABORATORIES INC COM 45168D104   1,345,987,926 2,664,162 SH   SOLE   2,664,162 0 0
MARRIOTT INTERNATIONAL CL A CL A 571903202   1,060,690,433 4,266,655 SH   SOLE   4,266,655 0 0
MASTERCARD CL A ORD CL A 57636Q104   32,092,062 64,990 SH   SOLE   64,990 0 0
MCCORMICK & CO NON VTG SHRS COM NON VTG 579780206   142,227,321 1,728,157 SH   SOLE   0 0 1,728,157
MCDONALD S ORD COM 580135101   28,746,658 94,403 SH   SOLE   94,403 0 0
META PLATFORMS INC-CLASS A CL A 30303M102   2,788,563,608 4,871,364 SH   SOLE   4,871,364 0 0
METTLER TOLEDO ORD COM 592688105   887,700,924 591,919 SH   SOLE   591,919 0 0
MICROSOFT CORP COM 594918104   2,969,188,333 6,900,275 SH   SOLE   6,900,275 0 0
MSCI INC COM 55354G100   97,127,214 166,619 SH   SOLE   166,619 0 0
NIKE INC CL B CL B 654106103   556,875,181 6,299,493 SH   SOLE   6,299,493 0 0
ODDITY TECH LTD SHS CL A M7518J104   65,220,080 1,615,158 SH   SOLE   1,615,158 0 0
OTIS WORLDWIDE ORD COM 68902V107   638,319,238 6,141,228 SH   SOLE   6,141,228 0 0
PAYCOM SOFTWARE INC COM 70432V102   53,737,314 322,611 SH   SOLE   322,611 0 0
PEPSICO INC COM 713448108   976,084,959 5,739,988 SH   SOLE   5,739,988 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109   1,458,336,803 12,012,659 SH   SOLE   12,012,659 0 0
PROCTER & GAMBLE ORD COM 742718109   802,474,050 4,633,222 SH   SOLE   4,633,222 0 0
QUALYS INC COM 74758T303   70,397,236 548,009 SH   SOLE   548,009 0 0
ROLLINS ORD COM 775711104   80,802,208 1,597,513 SH   SOLE   1,597,513 0 0
SABRE CORP COM 78573M104   78,901,679 21,499,095 SH   SOLE   21,499,095 0 0
STRYKER CORP COM 863667101   1,927,979,954 5,336,821 SH   SOLE   5,336,821 0 0
TEXAS INSTRUMENTS INC COM 882508104   351,299,139 1,700,630 SH   SOLE   1,700,630 0 0
VERISIGN INC COM 92343E102   118,630,020 624,500 SH   SOLE   624,500 0 0
VERISK ANALYTICS INC COM 92345Y106   111,922,873 417,685 SH   SOLE   417,685 0 0
VISA INC CLASS A SHARES COM CL A 92826C839   1,525,101,183 5,546,831 SH   SOLE   5,546,831 0 0
WATERS CORP COM 941848103   1,312,158,580 3,645,999 SH   SOLE   3,645,999 0 0
ZOETIS CL A ORD CL A 98978V103   45,079,246 230,726 SH   SOLE   230,726 0 0