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
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CHARTER COMMUNICATIONS COMM 16117M305 54,986 321,085 SH   SOLE   321,085 0 0
INTERACTIVE BROKERS COMM 45841N107 1,376 33,101 SH   SOLE   33,101 0 0
LIBERTY GLOBAL CL C COMM G5480U120 53,556 1,057,794 SH   SOLE   1,057,794 0 0
MASTERCARD INC CL A COMM 57636Q104 36,961 395,390 SH   SOLE   395,390 0 0
MOODYS CORP COMM 615369105 50,408 466,915 SH   SOLE   466,915 0 0
TRANSDIGM GROUP INC COMM 893641100 97,422 433,621 SH   SOLE   433,621 0 0
VISA INC CL A COMM 92826C839 18,807 280,076 SH   SOLE   280,076 0 0