Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MA	MASTERCARD	84,902	$20.51M	4.9%	$74.55	+286.1%	COM	57636Q104
AAPL	APPLE	80,191	$20.39M	4.8%	$22.42	+216.9%	COM	037833100
MKC	MC CORMICK	135,231	$19.09M	4.5%	$31.82	+116.8%	COM	579780206
MSFT	MICROSOFT	114,494	$18.06M	4.3%	$29.62	+427.8%	COM	594918104
AMGN	AMGEN	70,230	$14.24M	3.4%	$131.97	+38.1%	COM	031162100
GGG	GRACO	286,008	$13.94M	3.3%	$32.10	+48.3%	COM	384109104
CPRT	COPART	191,693	$13.13M	3.1%	$6.21	+258.1%	COM	217204106
—	ACCENTURE PLC	78,098	$12.75M	3.0%	$73.73	—	SHS CL A	G1150G111
TTC	TORO	191,811	$12.48M	3.0%	$41.04	+85.0%	COM	891092108
—	AON PLC	73,318	$12.1M	2.9%	$134.72	—	SHS CL A	G0408V102
ROL	ROLLINS	319,302	$11.54M	2.7%	$12.80	+79.6%	COM	775711104
PEP	PEPSICO	95,235	$11.44M	2.7%	$64.70	+74.3%	COM	713448108
SEIC	S E I INVESTMENTS	244,041	$11.31M	2.7%	$32.13	+71.1%	COM	784117103
TJX	TJX COMPANIES	232,772	$11.13M	2.6%	$35.83	+48.9%	COM	872540109
ORCL	ORACLE	228,702	$11.05M	2.6%	$28.65	+65.8%	COM	68389X105
ROST	ROSS STORES	119,658	$10.41M	2.5%	$37.55	+168.3%	COM	778296103
NKE	NIKE	124,347	$10.29M	2.4%	$41.89	+105.1%	COM	654106103
GPN	GLOBAL PAYMENTS	68,774	$9.919M	2.4%	$54.57	+219.3%	COM	37940X102
APH	AMPHENOL	133,634	$9.739M	2.3%	$11.19	+101.4%	COM	032095101
NEU	NEWMARKET	24,421	$9.35M	2.2%	$250.98	+48.3%	COM	651587107
NVO	NOVO-NORDISK ADR	154,574	$9.305M	2.2%	$55.42	—	ADR	670100205
PKG	PACKAGING CORP	96,980	$8.42M	2.0%	$54.83	+47.8%	COM	695156109
MRSH	MARSH & MC LENNAN	94,408	$8.162M	1.9%	$73.15	+33.1%	COM	571748102
—	VARIAN MEDICAL SYSTEMS	76,240	$7.826M	1.9%	$75.70	—	COM	92220P105
EXPD	EXPEDITORS INTL	108,511	$7.239M	1.7%	$52.42	+26.9%	COM	302130109
CNI	CANADIAN NATL RAILWAY	92,611	$7.189M	1.7%	$52.12	+49.5%	COM	136375102
—	EATON VANCE	217,333	$7.008M	1.7%	$40.59	—	COM	278265103
DEO	DIAGEO PLC ADR	53,894	$6.851M	1.6%	$144.99	—	SPON ADR	25243Q205
CTSH	COGNIZANT TECH	143,412	$6.664M	1.6%	$40.38	+35.0%	COM	192446102
AME	AMETEK	91,499	$6.589M	1.6%	$40.99	+111.5%	COM	031100100
ORLY	O'REILLY AUTOMOTIVE	21,206	$6.384M	1.5%	$14.56	+75.5%	COM	67103H107
SYK	STRYKER	35,730	$5.948M	1.4%	$72.90	+151.5%	COM	863667101
UNH	UNITEDHEALTH GROUP	21,618	$5.391M	1.3%	$222.10	+12.4%	COM	91324P102
LLY	LILLY (ELI) & CO	33,478	$4.644M	1.1%	$53.47	+139.7%	COM	532457108
—	DOLLAR TREE STORES	61,561	$4.522M	1.1%	$58.92	—	COM	256747106
ABBV	ABBVIE	56,818	$4.328M	1.0%	$31.60	+112.6%	COM	00287Y109
CBRL	CRACKER BARREL	50,521	$4.204M	1.0%	$65.93	+66.3%	COM	22410J106
HSIC	HENRY SCHEIN	76,192	$3.849M	0.9%	$65.31	-2.9%	COM	806407102
ICLR	ICON PLC	26,771	$3.64M	0.9%	$144.41	+10.9%	COM	G4705A100
PII	POLARIS INDUSTRIES	65,693	$3.163M	0.8%	$94.30	-13.0%	COM	731068102
FDS	FACTSET RESEARCH SYSTEMS	11,711	$3.052M	0.7%	$135.86	+89.3%	COM	303075105
SHW	SHERWIN WILLIAMS	6,291	$2.89M	0.7%	$125.21	+36.7%	COM	824348106
INTC	INTEL	46,827	$2.534M	0.6%	$27.66	+89.2%	COM	458140100
KMB	KIMBERLY-CLARK	18,252	$2.333M	0.6%	$64.20	+74.6%	COM	494368103
NOC	NORTHROP GRUMMAN	7,567	$2.289M	0.5%	$299.89	+5.2%	COM	666807102
SLGN	SILGAN HOLDINGS	77,903	$2.26M	0.5%	$27.20	+10.7%	COM	827048109
—	KELLOGG	32,019	$1.92M	0.5%	$39.72	+24.9%	COM	487836108
—	LEAR	23,112	$1.877M	0.4%	$158.29	—	COM	521865105
TSM	TAIWAN SEMICONDUCTOR ADR	38,898	$1.858M	0.4%	$32.34	—	ADR	874039100
RHI	ROBERT HALF INTL	46,397	$1.751M	0.4%	$47.27	+14.5%	COM	770323103
CBRE	CBRE GROUP	43,258	$1.631M	0.4%	$51.58	+7.1%	COM	12504L109
MTD	METTLER-TOLEDO	2,221	$1.533M	0.4%	$338.04	+120.7%	COM	592688105
CACC	CREDIT ACCEPTANCE	5,440	$1.39M	0.3%	$435.35	-7.3%	COM	225310101
LOW	LOWES	14,526	$1.249M	0.3%	$78.10	+25.8%	COM	548661107
UPS	UNITED PARCEL SERVICE	12,494	$1.167M	0.3%	$65.35	+25.3%	COM	911312106
GL	GLOBE LIFE INC	9,411	$677K	0.2%	$86.06	+4.2%	COM	37959E102
V	VISA	4,173	$672K	0.2%	$88.63	+103.9%	COM	92826C839
PGR	PROGRESSIVE	9,052	$668K	0.2%	$53.98	+21.1%	COM	743315103
CDNS	CADENCE DESIGN SYSTEM	9,943	$656K	0.2%	$33.28	+108.5%	COM	127387108
TROW	PRICE T ROWE GROUP	6,483	$633K	0.2%	$86.50	+10.5%	COM	74144T108
CASY	CASEY'S GENERAL STORES	4,384	$580K	0.1%	$110.94	+40.5%	COM	147528103
—	DELTA AIR LINES	19,749	$563K	0.1%	$57.05	—	COM	247361108
FFIV	F5 NETWORKS	5,034	$536K	0.1%	$158.42	-22.8%	COM	315616102
—	SERVICE CORP INTL	13,647	$533K	0.1%	$45.77	—	COM	783890106
DLX	DELUXE	19,609	$508K	0.1%	$39.70	-29.3%	COM	248019101
CHRW	C H ROBINSON WORLDWIDE	6,596	$436K	0.1%	$55.92	+11.6%	COM	12541W209
SNA	SNAP ON	3,678	$400K	0.1%	$133.28	-5.1%	COM	833034101
G	GENPACT LTD	9,130	$266K	0.1%	$31.49	+15.6%	COM	G3922B107
CHDN	CHURCHILL DOWNS	2,498	$257K	0.1%	$59.81	+5.7%	COM	171484108
FISV	FISERV	2,715	$257K	0.1%	$70.32	+58.0%	COM	337738108