Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	10,018,432	$3.089B	10.6%	$308.31 *	$117.79	+147.4%	COM	594918104
IDXX	IDEXX LABORATORIES INC	3,618,062	$1.979B	6.8%	$547.06 *	$140.18	+275.3%	COM	45168D104
EL	ESTEE LAUDER COMPANIES CL A	5,794,870	$1.578B	5.4%	$272.32 *	$113.57	+148.5%	CL A	518439104
SYK	STRYKER CORP	5,846,171	$1.563B	5.4%	$267.35 *	$113.44	+118.8%	COM	863667101
PM	PHILIP MORRIS INTERNATIONAL	16,457,291	$1.546B	5.3%	$93.94 *	$58.91	+40.5%	COM	718172109
MKC	MCCORMICK & CO NON VTG SHRS	15,486,666	$1.546B	5.3%	$99.80 *	$75.63	+18.4%	COM NON VTG	579780206
INTU	INTUIT INC	3,006,900	$1.446B	5.0%	$480.84 *	$154.76	+222.8%	COM	461202103
PEP	PEPSICO INC	7,807,921	$1.307B	4.5%	$167.38 *	$85.96	+72.7%	COM	713448108
ADP	AUTOMATIC DATA PROCESSING	5,562,848	$1.266B	4.3%	$227.54 *	$91.18	+116.0%	COM	053015103
V	VISA INC CLASS A SHARES	5,628,028	$1.248B	4.3%	$221.77 *	$90.88	+131.1%	COM CL A	92826C839
META	META PLATFORMS INC-CLASS A	5,476,931	$1.218B	4.2%	$222.36 *	$185.23	+34.0%	CL A	30303M102
PYPL	PAYPAL HOLDINGS INC	10,476,837	$1.212B	4.2%	$115.65 *	$80.54	+64.9%	COM	70450Y103
WAT	WATERS CORP	3,687,572	$1.145B	3.9%	$310.39 *	$164.82	+97.4%	COM	941848103
AMZN	AMAZON COM ORD	338,898	$1.105B	3.8%	$3259.95 *	$172.31	-10.3%	COM	023135106
GOOGL	ALPHABET CL A ORD	380,432	$1.058B	3.6%	$2781.35 *	$142.94	-5.7%	CAP STK CL A	02079K305
NKE	NIKE INC CL B	6,726,427	$905M	3.1%	$134.56	$91.18	+44.7%	CL B	654106103
ADBE	ADOBE ORD	1,923,197	$876M	3.0%	$455.62 *	$481.10	0.0%	COM	00724F101
CHD	CHURCH AND DWIGHT ORD	8,438,079	$839M	2.9%	$99.38 *	$82.47	+15.3%	COM	171340102
BF/B	BROWN FORMAN CORP CLASS B	11,784,004	$790M	2.7%	$67.02 *	$57.57	+7.6%	CL B	115637209
SBUX	STARBUCKS CORP	8,233,643	$749M	2.6%	$90.97 *	$71.45	+20.3%	COM	855244109
MTD	METTLER TOLEDO ORD	412,603	$567M	1.9%	$1373.19 *	$1443.35	0.0%	COM	592688105
SABR	SABRE CORP	22,673,573	$259M	0.9%	$11.43 *	$13.68	-28.4%	COM	78573M104
FTNT	FORTINET ORD	461,993	$158M	0.5%	$341.74 *	$25.43	+144.4%	COM	34959E109
VRSK	VERISK ANALYTICS INC	704,713	$151M	0.5%	$214.63 *	$131.06	+46.7%	COM	92345Y106
—	ANSYS INC	465,713	$148M	0.5%	$317.65	$210.15	—	COM	03662Q105
CGNX	COGNEX CORP	1,907,048	$147M	0.5%	$77.15 *	$47.61	+39.9%	COM	192422103
VRSN	VERISIGN INC	626,508	$139M	0.5%	$222.46 *	$181.83	+18.9%	COM	92343E102
QLYS	QUALYS INC	938,828	$134M	0.5%	$142.41 *	$105.36	+21.2%	COM	74758T303
EFX	EQUIFAX INC	494,685	$117M	0.4%	$237.10 *	$112.00	+104.5%	COM	294429105
MASI	MASIMO CORP	761,096	$111M	0.4%	$145.54 *	$148.22	+29.5%	COM	574795100
MSCI	MSCI INC	211,000	$106M	0.4%	$502.88	$154.86	+220.6%	COM	55354G100
WING	WINGSTOP ORD	832,538	$97.7M	0.3%	$117.35 *	$141.46	+0.2%	COM	974155103
IPGP	IPG PHOTONICS CORP	852,972	$93.62M	0.3%	$109.76 *	$150.19	-8.5%	COM	44980X109
PAYC	PAYCOM SOFTWARE INC	258,063	$89.39M	0.3%	$346.38 *	$182.12	+80.5%	COM	70432V102
ROL	ROLLINS ORD	2,282,107	$79.99M	0.3%	$35.05 *	$33.49	-7.8%	COM	775711104
PG	PROCTER & GAMBLE ORD	310,330	$47.42M	0.2%	$152.80 *	$122.57	+16.0%	COM	742718109
HD	HOME DEPOT ORD	148,076	$44.32M	0.2%	$299.33 *	$296.62	+5.9%	COM	437076102
JNJ	JOHNSON & JOHNSON	242,435	$42.97M	0.1%	$177.23 *	$97.07	+56.4%	COM	478160104
ZTS	ZOETIS CL A ORD	220,428	$41.57M	0.1%	$188.59	$162.21	+17.3%	CL A	98978V103
MELI	MERCADOLIBRE	24,225	$28.82M	0.1%	$1189.47 *	$433.52	+151.0%	COM	58733R102
—	WNS HOLDINGS - ADR	193,179	$16.52M	0.1%	$85.49	$80.75	—	SPONSORED ADS	92932M101
TSM	Taiwan Semiconductor Manufacturing US ADR	141,721	$14.78M	0.1%	$104.26	$110.92	—	SPONSORED ADS	874039100
G	Genpact Ltd	317,337	$13.81M	0.0%	$43.51	$46.94	-6.3%	SHS	G3922B107
XP	XP CLASS A	253,367	$7.626M	0.0%	$30.10 *	$33.80	-7.7%	CL A	G98239109