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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Align COM 016255101 43,694 380,911 SH   SOLE   299,153 81,758 0
Ansys COM 03662Q105 49,077 459,217 SH   SOLE   360,968 98,249 0
Aptar COM 038336103 34,618 449,642 SH   SOLE   353,298 96,344 0
CME COM 12572Q105 36,574 307,864 SH   SOLE   241,785 66,079 0
First Republic Bank COM 33616C100 94,195 1,004,100 SH   SOLE   789,246 214,854 0
Hexcel COM 428291108 82,809 1,518,030 SH   SOLE   1,193,209 324,821 0
MarketAxess COM 57060D108 13,202 70,412 SH   SOLE   55,324 15,088 0
Mastercard COM 57636Q104 99,124 881,338 SH   SOLE   692,751 188,587 0
Mettler-Toledo COM 592688105 68,429 142,885 SH   SOLE   112,213 30,672 0
Paypal COM 70450Y103 53,771 1,249,896 SH   SOLE   982,479 267,417 0
Smucker COM 832696405 56,373 430,062 SH   SOLE   338,046 92,016 0
SVB Fin Group COM 78486Q101 46,737 251,153 SH   SOLE   197,339 53,814 0
Varian COM 92220P105 64,200 704,492 SH   SOLE   553,255 151,237 0
Visa COM 92826C839 73,981 832,467 SH   SOLE   654,340 178,127 0
Waters COM 941848103 64,040 409,699 SH   SOLE   321,923 87,776 0