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
AGILENT TECHNOLOGIES INC COM 00846U101 229,143 1,802,288 SH   DFND   1,442,272 0 360,016
AGILENT TECHNOLOGIES INC COM 00846U101 246,012 1,934,971 SH   DFND 1 1,661,834 0 273,137
ALPHABET INC CAP STK CL A 02079K305 320,107 155,202 SH   DFND   124,215 0 30,987
ALPHABET INC CAP STK CL A 02079K305 343,205 166,401 SH   DFND 1 142,871 0 23,530
ALPHABET INC CAP STK CL C 02079K107 137,945 66,684 SH   DFND   53,349 0 13,335
ALPHABET INC CAP STK CL C 02079K107 147,624 71,363 SH   DFND 1 61,264 0 10,099
AMERICAN TOWER CORP NEW COM 03027X100 245,968 1,028,897 SH   DFND 1 883,236 0 145,661
AMERICAN TOWER CORP NEW COM 03027X100 229,635 960,575 SH   DFND   768,805 0 191,770
ANALOG DEVICES INC COM 032654105 262,016 1,689,554 SH   DFND   1,352,332 0 337,222
ANALOG DEVICES INC COM 032654105 281,159 1,812,992 SH   DFND 1 1,556,865 0 256,127
AON PLC SHS CL A G0403H108 148,527 645,462 SH   DFND   516,168 0 129,294
AON PLC SHS CL A G0403H108 159,124 691,512 SH   DFND 1 593,807 0 97,705
APPLIED MATLS INC COM 038222105 261,027 1,953,792 SH   DFND 1 1,677,293 0 276,499
APPLIED MATLS INC COM 038222105 243,519 1,822,746 SH   DFND   1,459,102 0 363,644
ARMSTRONG WORLD INDS INC NEW COM 04247X102 56,460 626,703 SH   DFND 1 537,929 0 88,774
ARMSTRONG WORLD INDS INC NEW COM 04247X102 52,912 587,320 SH   DFND   470,376 0 116,944
AUTODESK INC COM 052769106 165,050 595,525 SH   DFND   476,585 0 118,940
AUTODESK INC COM 052769106 176,764 637,793 SH   DFND 1 547,482 0 90,311
BECTON DICKINSON & CO COM 075887109 144,735 595,251 SH   DFND 1 511,273 0 83,978
BECTON DICKINSON & CO COM 075887109 134,897 554,787 SH   DFND   444,066 0 110,721
BROADCOM INC COM 11135F101 267,213 576,312 SH   DFND 1 494,846 0 81,466
BROADCOM INC COM 11135F101 248,868 536,747 SH   DFND   429,538 0 107,209
BRUNSWICK CORP COM 117043109 194,701 2,041,534 SH   DFND 1 1,752,621 0 288,913
BRUNSWICK CORP COM 117043109 181,299 1,901,010 SH   DFND   1,520,949 0 380,061
CBRE GROUP INC CL A 12504L109 181,344 2,292,300 SH   DFND   1,834,629 0 457,671
CBRE GROUP INC CL A 12504L109 197,799 2,500,303 SH   DFND 1 2,104,045 0 396,258
CITRIX SYS INC COM 177376100 188,038 1,339,684 SH   DFND 1 1,175,893 0 163,791
CITRIX SYS INC COM 177376100 179,595 1,279,531 SH   DFND   1,024,065 0 255,466
CME GROUP INC COM 12572Q105 173,212 848,123 SH   DFND   678,863 0 169,260
CME GROUP INC COM 12572Q105 186,006 910,766 SH   DFND 1 781,956 0 128,810
CREDIT ACCEP CORP MICH COM 225310101 51,676 143,452 SH   DFND 1 123,080 0 20,372
CREDIT ACCEP CORP MICH COM 225310101 48,459 134,523 SH   DFND   107,599 0 26,924
ECOLAB INC COM 278865100 200,197 935,195 SH   DFND   748,195 0 187,000
ECOLAB INC COM 278865100 214,848 1,003,632 SH   DFND 1 861,090 0 142,542
ENTEGRIS INC COM 29362U104 129,258 1,156,156 SH   DFND 1 991,643 0 164,513
ENTEGRIS INC COM 29362U104 120,888 1,081,292 SH   DFND   865,462 0 215,830
EQUIFAX INC COM 294429105 192,449 1,062,491 SH   DFND   850,367 0 212,124
EQUIFAX INC COM 294429105 206,362 1,139,303 SH   DFND 1 978,205 0 161,098
FACEBOOK INC CL A 30303M102 139,107 472,302 SH   DFND   377,997 0 94,305
FACEBOOK INC CL A 30303M102 149,233 506,680 SH   DFND 1 435,133 0 71,547
FASTENAL CO COM 311900104 153,886 3,060,582 SH   DFND 1 2,627,455 0 433,127
FASTENAL CO COM 311900104 143,387 2,851,772 SH   DFND   2,281,995 0 569,777
FIDELITY NATL INFORMATION SV COM 31620M106 263,938 1,877,089 SH   DFND   1,502,319 0 374,770
FIDELITY NATL INFORMATION SV COM 31620M106 283,220 2,014,224 SH   DFND 1 1,729,600 0 284,624
GRACE W R & CO DEL NEW COM 38388F108 45,601 761,797 SH   DFND   609,894 0 151,903
GRACE W R & CO DEL NEW COM 38388F108 49,166 821,344 SH   DFND 1 705,953 0 115,391
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 90,641 1,240,976 SH   DFND 1 1,065,689 0 175,287
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 84,456 1,156,302 SH   DFND   924,779 0 231,523
INTERCONTINENTAL EXCHANGE IN COM 45866F104 245,133 2,194,955 SH   DFND 1 1,883,749 0 311,206
INTERCONTINENTAL EXCHANGE IN COM 45866F104 228,884 2,049,462 SH   DFND   1,640,100 0 409,362
IQVIA HLDGS INC COM 46266C105 88,879 460,177 SH   DFND   368,262 0 91,915
IQVIA HLDGS INC COM 46266C105 95,299 493,418 SH   DFND 1 423,253 0 70,165
MICROSOFT CORP COM 594918104 73,176 310,371 SH   DFND   248,454 0 61,917
MICROSOFT CORP COM 594918104 78,361 332,360 SH   DFND 1 285,411 0 46,949
MOODYS CORP COM 615369105 87,962 294,571 SH   DFND 1 252,882 0 41,689
MOODYS CORP COM 615369105 82,083 274,883 SH   DFND   220,045 0 54,838
NIELSEN HLDGS PLC SHS EUR G6518L108 56,262 2,237,048 SH   DFND 1 1,919,829 0 317,219
NIELSEN HLDGS PLC SHS EUR G6518L108 52,666 2,094,067 SH   DFND   1,675,731 0 418,336
PRIMERICA INC COM 74164M108 72,031 487,287 SH   DFND   389,729 0 97,558
PRIMERICA INC COM 74164M108 77,089 521,507 SH   DFND 1 447,516 0 73,991
S&P GLOBAL INC COM 78409V104 437,592 1,240,095 SH   DFND 1 1,065,059 0 175,036
S&P GLOBAL INC COM 78409V104 408,132 1,156,606 SH   DFND   925,527 0 231,079
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 143,610 2,055,393 SH   DFND 1 1,764,927 0 290,466
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 133,761 1,914,432 SH   DFND   1,532,158 0 382,274
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 221,252 1,870,582 SH   DFND 1 1,605,658 0 264,924
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 206,517 1,746,000 SH   DFND   1,397,454 0 348,546
THERMO FISHER SCIENTIFIC INC COM 883556102 219,569 481,110 SH   DFND 1 413,141 0 67,969
THERMO FISHER SCIENTIFIC INC COM 883556102 204,592 448,294 SH   DFND   358,753 0 89,541
TRINET GROUP INC COM 896288107 156,014 2,001,210 SH   DFND 1 1,718,503 0 282,707
TRINET GROUP INC COM 896288107 145,180 1,862,236 SH   DFND   1,490,396 0 371,840
VERISIGN INC COM 92343E102 186,250 937,061 SH   DFND 1 803,862 0 133,199
VERISIGN INC COM 92343E102 173,830 874,571 SH   DFND   699,877 0 174,694
VISA INC COM CL A 92826C839 253,793 1,198,662 SH   DFND   959,386 0 239,276
VISA INC COM CL A 92826C839 272,406 1,286,573 SH   DFND 1 1,104,817 0 181,756
WILLIS TOWERS WATSON PLC LTD SHS G96629103 198,421 866,920 SH   DFND   693,586 0 173,334
WILLIS TOWERS WATSON PLC LTD SHS G96629103 212,576 928,766 SH   DFND 1 797,072 0 131,694
ZOETIS INC CL A 98978V103 180,818 1,148,197 SH   DFND   918,860 0 229,337
ZOETIS INC CL A 98978V103 194,173 1,233,001 SH   DFND 1 1,058,293 0 174,708