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
AUTOMATIC DATA PROCESSING COM 053015103 1,046,080 6,480,485 SH   SOLE   6,425,524 0 54,961
BECTON DICKINSON AND CO COM 075887109 965,785 3,817,935 SH   SOLE   3,802,960 0 14,975
BROWN FORMAN CORP CLASS B CL B 115637209 580,287 9,243,186 SH   SOLE   9,162,550 0 80,636
CHURCH AND DWIGHT CO INC COM 171340102 15,270 202,952 SH   SOLE   202,952 0 0
ESTEE LAUDER CL A 518439104 1,346,244 6,766,747 SH   SOLE   6,738,204 0 28,543
FACEBOOK CL A 30303M102 1,154,347 6,482,183 SH   SOLE   6,452,326 0 29,857
IDEXX LABORATORIES COM 45168D104 1,238,917 4,556,016 SH   SOLE   4,513,457 0 42,559
INTUIT INC COM 461202103 1,239,449 4,660,635 SH   SOLE   4,623,035 0 37,600
JOHNSON & JOHNSON COM 478160104 770,694 5,956,821 SH   SOLE   5,951,229 0 5,592
MARRIOTT INTERNATIONAL CL A CL A 571903202 26,280 211,302 SH   SOLE   143,610 0 67,692
MCCORMICK & CO NON VTG SHRS COM NON VTG 579780206 1,139,688 7,291,672 SH   SOLE   7,250,560 0 41,112
MICROSOFT COM 594918104 1,694,726 12,189,646 SH   SOLE   12,083,922 0 105,724
PAYPAL HOLDINGS INC COM 70450Y103 1,595,529 15,402,344 SH   SOLE   15,346,550 0 55,794
PEPSICO INC COM 713448108 1,136,436 8,289,105 SH   SOLE   8,229,442 0 59,663
PHILIP MORRIS INTERNATIONAL COM 718172109 1,285,387 16,928,583 SH   SOLE   16,842,970 0 85,613
STRYKER CORP COM 863667101 1,285,926 5,945,105 SH   SOLE   5,894,332 0 50,773
VISA INC CLASS A SHARES COM CL A 92826C839 1,108,713 6,445,632 SH   SOLE   6,377,028 0 68,604
WATERS CORP COM 941848103 1,143,578 5,122,867 SH   SOLE   5,080,626 0 42,241
ANSYS COM 03662Q105 76,840 347,128 SH   SOLE   347,128 0 0
AO SMITH COM 831865209 40,485 848,563 SH   SOLE   848,563 0 0
COGNEX COM 192422103 57,375 1,167,817 SH   SOLE   1,167,817 0 0
CHECK POINT SOFTWARE TECH ORD M22465104 79,692 727,785 SH   SOLE   727,785 0 0
EQUIFAX COM 294429105 87,331 620,821 SH   SOLE   620,821 0 0
IPG PHOTONICS COM 44980X109 53,277 392,900 SH   SOLE   392,900 0 0
MASIMO COM 574795100 85,549 574,963 SH   SOLE   574,963 0 0
MSCI COM 55354G100 43,565 200,070 SH   SOLE   200,070 0 0
PAYCOM SOFTWARE COM 70432V102 35,808 170,928 SH   SOLE   170,928 0 0
SABRE COM 78573M104 81,314 3,630,918 SH   SOLE   3,630,918 0 0
VERISK ANALYTICS COM 92345Y106 84,531 534,530 SH   SOLE   534,530 0 0
VERISIGN COM 92343E102 51,472 272,873 SH   SOLE   272,873 0 0
MERCADOLIBRE COM 58733R102 13,033 23,644 SH   SOLE   23,644 0 0