Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	207,717	$28.4M	4.8%	$83.46	+78.1%	COM	037833100
MA	MASTERCARD	73,077	$23.05M	3.9%	$74.55	+352.4%	COM	57636Q104
MKC	MC CORMICK	262,873	$21.88M	3.7%	$58.51	+48.8%	COM	579780206
MSFT	MICROSOFT	80,556	$20.69M	3.5%	$29.62	+789.3%	COM	594918104
—	AON PLC	76,220	$20.55M	3.5%	$139.42	—	SHS CL A	G0408V102
UNH	UNITEDHEALTH GROUP	39,904	$20.5M	3.5%	$259.91	+81.2%	COM	91324P102
AMGN	AMGEN	73,755	$17.94M	3.1%	$136.97	+59.6%	COM	031162100
—	ACCENTURE PLC	62,730	$17.42M	3.0%	$73.73	—	SHS CL A	G1150G111
NVO	NOVO-NORDISK ADR	154,990	$17.27M	2.9%	$56.69	—	ADR	670100205
PEP	PEPSICO	100,264	$16.71M	2.8%	$68.90	+117.4%	COM	713448108
CPRT	COPART	152,095	$16.53M	2.8%	$6.21	+358.1%	COM	217204106
SEIC	S E I INVESTMENTS	291,970	$15.77M	2.7%	$35.01	+52.6%	COM	784117103
NOC	NORTHROP GRUMMAN	32,388	$15.5M	2.6%	$304.46	+42.2%	COM	666807102
APH	AMPHENOL	238,965	$15.38M	2.6%	$21.22	+58.3%	COM	032095101
GGG	GRACO	254,861	$15.14M	2.6%	$32.52	+84.2%	COM	384109104
ORCL	ORACLE	215,842	$15.08M	2.6%	$29.59	+136.1%	COM	68389X105
DLTR	DOLLAR GENERAL	60,329	$14.81M	2.5%	$106.58	+48.7%	COM	256746108
ROL	ROLLINS	410,072	$14.32M	2.4%	$20.48	+60.1%	COM	775711104
TTC	TORO	188,509	$14.29M	2.4%	$43.54	+86.4%	COM	891092108
TJX	TJX COMPANIES	236,128	$13.19M	2.2%	$37.38	+53.6%	COM	872540109
MRSH	MARSH & MC LENNAN	82,184	$12.76M	2.2%	$74.64	+103.3%	COM	571748102
PKG	PACKAGING CORP	91,966	$12.64M	2.2%	$59.23	+133.1%	COM	695156109
ORLY	O'REILLY AUTOMOTIVE	19,272	$12.18M	2.1%	$16.73	+157.2%	COM	67103H107
EXPD	EXPEDITORS INTL	115,058	$11.21M	1.9%	$54.88	+78.3%	COM	302130109
DEO	DIAGEO PLC ADR	63,248	$11.01M	1.9%	$146.00	—	SPON ADR	25243Q205
NKE	NIKE	106,133	$10.85M	1.8%	$43.54	+155.6%	COM	654106103
CNI	CANADIAN NATL RAILWAY	88,504	$9.954M	1.7%	$52.12	+108.5%	COM	136375102
LLY	LILLY (ELI) & CO	27,597	$8.947M	1.5%	$53.47	+444.1%	COM	532457108
AME	AMETEK	80,072	$8.799M	1.5%	$42.00	+182.4%	COM	031100100
PGR	PROGRESSIVE	75,599	$8.789M	1.5%	$78.09	+32.3%	COM	743315103
ROST	ROSS STORES	121,166	$8.509M	1.4%	$42.45	+101.2%	COM	778296103
ICLR	ICON PLC	38,701	$8.386M	1.4%	$160.27	+39.9%	COM	G4705A100
ABBV	ABBVIE	51,717	$7.92M	1.3%	$31.60	+324.4%	COM	00287Y109
SYK	STRYKER	38,601	$7.678M	1.3%	$86.34	+161.6%	COM	863667101
SHW	SHERWIN WILLIAMS	31,049	$6.952M	1.2%	$238.38	+4.1%	COM	824348106
HSIC	HENRY SCHEIN	87,320	$6.7M	1.1%	$65.24	+28.5%	COM	806407102
TROW	T ROWE PRICE	56,654	$6.436M	1.1%	$113.82	-5.8%	COM	74144T108
KLAC	KLA CORP	20,063	$6.401M	1.1%	$333.67	-3.0%	COM	482480100
CTSH	COGNIZANT TECH	64,982	$4.385M	0.7%	$40.38	+78.5%	COM	192446102
FDS	FACTSET RESEARCH SYSTEMS	11,101	$4.269M	0.7%	$135.86	+178.1%	COM	303075105
RHI	ROBERT HALF INTL	48,720	$3.648M	0.6%	$48.24	+96.6%	COM	770323103
CACC	CREDIT ACCEPTANCE	6,866	$3.25M	0.6%	$437.20	+26.2%	COM	225310101
HSY	HERSHEY CO	13,820	$2.973M	0.5%	$165.19	+20.3%	COM	427866108
CBRE	CBRE GROUP	38,951	$2.867M	0.5%	$52.96	+52.0%	COM	12504L109
INTC	INTEL	75,731	$2.833M	0.5%	$35.70	+13.8%	COM	458140100
LOW	LOWES	16,109	$2.813M	0.5%	$89.79	+100.0%	COM	548661107
TNET	TRINET GROUP	35,420	$2.749M	0.5%	$84.87	-4.1%	COM	896288107
SLGN	SILGAN HOLDINGS	65,763	$2.719M	0.5%	$27.20	+61.6%	COM	827048109
TSM	TAIWAN SEMICONDUCTOR ADR	32,051	$2.62M	0.4%	$40.61	—	ADR	874039100
—	DOLLAR TREE STORES	14,915	$2.324M	0.4%	$58.92	—	COM	256747106
FFIV	F5 NETWORKS	14,955	$2.288M	0.4%	$181.35	-4.1%	COM	315616102
PII	POLARIS INDUSTRIES	23,041	$2.287M	0.4%	$94.64	+9.5%	COM	731068102
KMB	KIMBERLY-CLARK	16,490	$2.228M	0.4%	$65.01	+76.5%	COM	494368103
—	SERVICE CORP INTL	32,097	$2.218M	0.4%	$48.03	—	COM	783890106
ALLE	ALLEGION	21,543	$2.109M	0.4%	$118.22	-12.7%	COM	G0176J109
UPS	UNITED PARCEL SERVICE	11,412	$2.083M	0.4%	$78.15	+96.2%	COM	911312106
—	KELLOGG	28,616	$2.041M	0.3%	$39.93	+43.5%	COM	487836108
MTD	METTLER-TOLEDO	1,735	$1.993M	0.3%	$338.04	+271.7%	COM	592688105
G	GENPACT LTD	42,139	$1.785M	0.3%	$36.64	+10.1%	COM	G3922B107
GNTX	GENTEX	46,145	$1.29M	0.2%	$33.59	-13.4%	COM	371901109
TGT	TARGET	8,574	$1.21M	0.2%	$208.79	-18.5%	COM	87612E106
CDNS	CADENCE DESIGN SYSTEM	7,877	$1.181M	0.2%	$46.31	+226.1%	COM	127387108
—	CANADIAN PACIFIC RAILWAY	16,295	$1.138M	0.2%	$104.58	—	COM	13645T100
V	VISA	5,676	$1.117M	0.2%	$123.94	+62.2%	COM	92826C839
CBRL	CRACKER BARREL	9,456	$789K	0.1%	$65.93	+34.0%	COM	22410J106
EVTC	EVERTEC	21,216	$782K	0.1%	$43.45	-13.7%	COM	30040P103
CASY	CASEY'S GENERAL STORES	3,530	$652K	0.1%	$110.94	+77.5%	COM	147528103
AXP	AMERICAN EXPRESS	3,025	$419K	0.1%	$163.96	-3.9%	COM	025816109
—	SEAGATE TECHNOLOGY	5,646	$403K	0.1%	$89.53	—	COM	G7945J104
MMS	MAXIMUS	5,618	$351K	0.1%	$84.33	-19.8%	COM	577933104
CHDN	CHURCHILL DOWNS	1,696	$324K	0.1%	$61.31	+60.0%	COM	171484108
—	FORD	20,000	$222K	0.0%	$16.90	—	COM	345370100