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
ALPHABET C CL C 02079K107 13,729 16,550 SH   SOLE   16,550 0 0
AMERICAN EXPRESS CO COM 025816109 23,424 296,096 SH   SOLE   296,096 0 0
AUTOZONE INC COM 053332102 23,257 32,165 SH   SOLE   32,165 0 0
ESTEE LAUDER COMPANIES-CL A COM 518439104 37,146 438,100 SH   SOLE   438,100 0 0
EXPEDITORS INTL WASH INC COM 302130109 60,394 1,069,110 SH   SOLE   1,069,110 0 0
MASTERCARD INC - A CL A 57636Q104 109,993 977,980 SH   SOLE   977,980 0 0
MOODYS CORP COM 615369105 39,407 351,723 SH   SOLE   351,723 0 0
NIKE INC CL B 654106103 48,506 870,370 SH   SOLE   870,370 0 0
SP GLOBAL INC COM 78409V104 23,864 182,527 SH   SOLE   182,527 0 0
STARBUCKS CORP COM 855244109 38,158 653,502 SH   SOLE   653,502 0 0
VISA INC COM CL A 92826C839 55,216 621,310 SH   SOLE   621,310 0 0
WALT DISNEY CO/THE COM DISNEY 254687106 47,136 415,695 SH   SOLE   415,695 0 0