Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	89,488	$26.72M	4.9%	$74.55	+265.6%	COM	57636Q104
MKC	MC CORMICK	141,055	$23.94M	4.4%	$31.82	+130.3%	COM	579780206
AAPL	APPLE	79,074	$23.22M	4.3%	$21.74	+185.3%	COM	037833100
MSFT	MICROSOFT	123,185	$19.43M	3.6%	$29.62	+370.0%	COM	594918104
CPRT	COPART	209,066	$19.01M	3.5%	$6.21	+243.5%	COM	217204106
AMGN	AMGEN	71,960	$17.35M	3.2%	$131.97	+38.4%	COM	031162100
—	ACCENTURE PLC	80,982	$17.05M	3.1%	$73.73	—	SHS CL A	G1150G111
SEIC	S E I INVESTMENTS	249,034	$16.31M	3.0%	$32.13	+77.9%	COM	784117103
—	AON PLC	77,187	$16.08M	3.0%	$134.72	—	SH CL A	G0408V102
TTC	TORO	199,401	$15.89M	2.9%	$41.04	+86.6%	COM	891092108
GGG	GRACO	293,880	$15.28M	2.8%	$32.10	+37.6%	COM	384109104
APH	AMPHENOL	139,756	$15.13M	2.8%	$11.19	+115.2%	COM	032095101
TJX	TJX COMPANIES	238,732	$14.58M	2.7%	$35.83	+52.4%	COM	872540109
ROST	ROSS STORES	124,290	$14.47M	2.7%	$37.55	+182.1%	COM	778296103
GPN	GLOBAL PAYMENTS	75,462	$13.78M	2.5%	$54.57	+199.6%	COM	37940X102
PEP	PEPSICO	98,801	$13.5M	2.5%	$64.70	+74.3%	COM	713448108
NKE	NIKE	131,418	$13.31M	2.4%	$41.89	+107.3%	COM	654106103
ORCL	ORACLE	234,467	$12.42M	2.3%	$28.65	+76.1%	COM	68389X105
NEU	NEWMARKET	25,290	$12.3M	2.3%	$250.98	+68.4%	COM	651587107
—	VARIAN MEDICAL SYSTEMS	79,390	$11.27M	2.1%	$75.70	—	COM	92220P105
ROL	ROLLINS	332,234	$11.02M	2.0%	$12.80	+71.9%	COM	775711104
PKG	PACKAGING CORP	97,973	$10.97M	2.0%	$54.83	+66.8%	COM	695156109
MRSH	MARSH & MC LENNAN	96,933	$10.8M	2.0%	$73.15	+29.9%	COM	571748102
—	EATON VANCE	210,646	$9.835M	1.8%	$40.85	—	COM	278265103
ORLY	O'REILLY AUTOMOTIVE	22,293	$9.77M	1.8%	$14.56	+96.5%	COM	67103H107
AME	AMETEK	95,877	$9.562M	1.8%	$40.99	+121.8%	COM	031100100
NVO	NOVO-NORDISK ADR	161,018	$9.319M	1.7%	$55.42	—	ADR	670100205
CTSH	COGNIZANT TECH	146,031	$9.056M	1.7%	$40.38	+39.5%	COM	192446102
DEO	DIAGEO PLC ADR	53,577	$9.023M	1.7%	$144.99	—	SPON ADR	25243Q205
CBRL	CRACKER BARREL	54,024	$8.305M	1.5%	$65.93	+89.0%	COM	22410J106
EXPD	EXPEDITORS INTL	104,633	$8.163M	1.5%	$51.89	+34.0%	COM	302130109
CNI	CANADIAN NATL RAILWAY	88,703	$8.023M	1.5%	$50.98	+56.9%	COM	136375102
SYK	STRYKER	36,133	$7.585M	1.4%	$72.90	+166.4%	COM	863667101
PII	POLARIS INDUSTRIES	66,052	$6.717M	1.2%	$94.30	+2.9%	COM	731068102
UNH	UNITEDHEALTH GROUP	20,991	$6.17M	1.1%	$221.28	+6.9%	COM	91324P102
—	DOLLAR TREE STORES	62,078	$5.838M	1.1%	$58.92	—	COM	256747106
ABBV	ABBVIE	61,433	$5.439M	1.0%	$31.60	+104.5%	COM	00287Y109
HSIC	HENRY SCHEIN	79,570	$5.308M	1.0%	$65.31	+1.3%	COM	806407102
—	RAYTHEON	22,856	$5.022M	0.9%	$168.76	—	COM	755111507
ICLR	ICON PLC	24,721	$4.257M	0.8%	$143.11	+7.8%	COM	G4705A100
LLY	LILLY (ELI) & CO	32,306	$4.245M	0.8%	$50.76	+111.9%	COM	532457108
SHW	SHERWIN WILLIAMS	6,439	$3.757M	0.7%	$125.21	+44.3%	COM	824348106
CACC	CREDIT ACCEPTANCE	8,003	$3.539M	0.7%	$435.35	+1.2%	COM	225310101
—	LEAR	24,116	$3.308M	0.6%	$158.29	—	COM	521865105
FDS	FACTSET RESEARCH SYSTEMS	11,630	$3.12M	0.6%	$135.86	+78.2%	COM	303075105
RHI	ROBERT HALF INTL	48,016	$3.032M	0.6%	$47.27	+22.8%	COM	770323103
KMB	KIMBERLY-CLARK	20,625	$2.836M	0.5%	$64.20	+69.4%	COM	494368103
INTC	INTEL	47,158	$2.822M	0.5%	$27.66	+78.1%	COM	458140100
SLGN	SILGAN HOLDINGS	90,041	$2.798M	0.5%	$27.20	+12.4%	COM	827048109
TSM	TAIWAN SEMICONDUCTOR ADR	43,306	$2.516M	0.5%	$32.34	—	ADR	874039100
CBRE	CBRE GROUP INC	39,083	$2.395M	0.4%	$51.19	+8.2%	COM	12504L109
—	KELLOGG	32,856	$2.272M	0.4%	$39.72	+22.2%	COM	487836108
LOW	LOWES	14,810	$1.773M	0.3%	$78.10	+31.1%	COM	548661107
MTD	METTLER-TOLEDO	2,221	$1.761M	0.3%	$338.04	+113.6%	COM	592688105
UPS	UNITED PARCEL SERVICE	12,494	$1.462M	0.3%	$65.35	+42.1%	COM	911312106
—	DELTA AIR LINES	20,412	$1.193M	0.2%	$57.05	—	COM	247361108
DLX	DELUXE	21,399	$1.068M	0.2%	$39.70	-9.3%	COM	248019101
GL	GLOBE LIFE INC	9,411	$990K	0.2%	$86.06	+10.0%	COM	37959E102
V	VISA	5,081	$954K	0.2%	$88.63	+94.7%	COM	92826C839
CASY	CASEY'S GENERAL STORES	4,547	$722K	0.1%	$110.94	+43.3%	COM	147528103
CDNS	CADENCE DESIGN SYSTEM	10,205	$707K	0.1%	$33.28	+101.5%	COM	127387108
FFIV	F5 NETWORKS	4,937	$689K	0.1%	$159.13	-11.5%	COM	315616102
TROW	PRICE T ROWE GROUP	5,633	$686K	0.1%	$85.13	+7.5%	COM	74144T108
PGR	PROGRESSIVE	9,292	$672K	0.1%	$53.98	+9.9%	COM	743315103
NOC	NORTHROP GRUMMAN	1,947	$669K	0.1%	$254.84	+24.7%	COM	666807102
SNA	SNAP ON	3,627	$614K	0.1%	$133.37	+4.0%	COM	833034101
CHRW	C H ROBINSON WORLDWIDE	7,196	$562K	0.1%	$55.92	+22.8%	COM	12541W209
—	SERVICE CORP INTL	11,637	$535K	0.1%	$46.93	—	COM	783890106
CHDN	CHURCHILL DOWNS INC	2,498	$342K	0.1%	$59.81	+6.4%	COM	171484108
FISV	FISERV	2,765	$319K	0.1%	$70.32	+57.0%	COM	337738108
G	GENPACT LTD	6,726	$283K	0.1%	$29.74	+24.8%	COM	G3922B107
ALK	ALASKA AIR GROUP	3,459	$234K	0.0%	$71.72	-5.6%	COM	011659109
BEN	FRANKLIN RESOURCES	8,380	$217K	0.0%	$29.78	-32.7%	COM	354613101