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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100   57,466,325 509,521 SH   DFND 1,2,8 492,090 0 17,431
ABBVIE INC COM 00287Y109   2,290,098 12,999 SH   DFND 1,2,8 0 0 12,999
ADOBE INC COM 00724F101   66,493,273 149,170 SH   DFND 1,2,8 136,020 0 13,150
ADVANCED DRAIN SYS INC DEL COM 00790R104   3,526,355 30,700 SH   DFND 1,2,8 30,700 0 0
AGILENT TECHNOLOGIES INC COM 00846U101   1,411,695 10,499 SH   DFND 1,2,8 0 0 10,499
AGNICO EAGLE MINES LTD COM 008474108   23,462,207 300,000 SH   DFND 1,2,8 300,000 0 0
ALAMOS GOLD INC NEW COM CL A 011532108   9,178,777 500,000 SH   DFND 1,2,8 500,000 0 0
ALPHABET INC CAP STK CL A 02079K305   125,592,755 656,780 SH   DFND 1,2,8 623,660 0 33,120
AMAZON COM INC COM 023135106   118,047,347 533,680 SH   DFND 1,2,8 505,980 0 27,700
AMGEN INC COM 031162100   2,200,108 8,483 SH   DFND 1,2,8 0 0 8,483
ANALOG DEVICES INC COM 032654105   4,107,972 19,333 SH   DFND 1,2,8 10,800 0 8,533
ANSYS INC COM 03662Q105   9,390,283 27,800 SH   DFND 1,2,8 27,800 0 0
APPLE INC COM 037833100   120,925,188 479,662 SH   DFND 1,2,8 472,130 0 7,532
APPLIED MATLS INC COM 038222105   1,233,833 7,545 SH   DFND 1,2,8 0 0 7,545
ARISTA NETWORKS INC COM SHS 040413205   5,792,540 52,000 SH   DFND 1,2,8 52,000 0 0
AUTODESK INC COM 052769106   11,718,742 39,400 SH   DFND 1,2,8 33,100 0 6,300
AUTOMATIC DATA PROCESSING IN COM 053015103   4,774,596 16,300 SH   DFND 1,2,8 16,300 0 0
BECTON DICKINSON & CO COM 075887109   12,458,874 55,000 SH   DFND 1,2,8 55,000 0 0
BENTLEY SYS INC COM CL B 08265T208   14,929,130 314,000 SH   DFND 1,2,8 314,000 0 0
BIO-TECHNE CORP COM 09073M104   15,467,919 214,000 SH   DFND 1,2,8 214,000 0 0
BOOKING HOLDINGS INC COM 09857L108   37,309,027 7,470 SH   DFND 1,2,8 7,470 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   13,848,055 247,000 SH   DFND 1,2,8 247,000 0 0
BROADCOM INC COM 11135F101   61,850,130 262,890 SH   DFND 1,2,8 262,890 0 0
BROWN FORMAN CORP CL B 115637209   11,563,180 306,350 SH   DFND 1,2,8 0 0 0
BURLINGTON STORES INC COM 122017106   14,091,412 49,500 SH   DFND 1,2,8 49,500 0 0
CDW CORP COM 12514G108   12,739,755 73,500 SH   DFND 1,2,8 73,500 0 0
CANADIAN NATL RY CO COM 136375102   70,283,042 693,095 SH   DFND 1,2,8 673,130 0 19,965
CATERPILLAR INC COM 149123101   43,728,677 120,400 SH   DFND 1,2,8 120,400 0 0
CHEMED CORP NEW COM 16359R103   14,783,160 28,000 SH   DFND 1,2,8 28,000 0 0
CHURCH & NC COM 171340102   13,250,877 126,633 SH   DFND 1,2,8 117,600 0 9,033
EL COM 189054109   13,483,886 83,520 SH   DFND 1,2,8 77,500 0 6,020
COCA COLA CO COM 191216100   1,490,763 24,031 SH   DFND 1,2,8 0 0 24,031
COCA COLA FEMSA SAB DE CV SPONS ADS REP 191241108   6,532,680 84,000 SH   DFND 1,2,8 84,000 0 0
COLGATE PALMOLIVE CO COM 194162103   48,986,600 539,500 SH   DFND 1,2,8 515,900 0 23,600
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104   7,141,049 630,000 SH   DFND 1,2,8 630,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108   46,411,998 211,170 SH   DFND 1,2,8 211,170 0 0
COOPER COS INC COM 216648501   11,371,403 124,400 SH   DFND 1,2,8 124,400 0 0
CORE & MAIN INC CL A 21874C102   18,130,245 357,000 SH   DFND 1,2,8 357,000 0 0
CUMMINS INC COM 231021106   32,393,072 92,970 SH   DFND 1,2,8 92,970 0 0
DANAHER CORPORATION COM 235851102   32,354,469 140,840 SH   DFND 1,2,8 140,840 0 0
DOMINOS PIZZA INC COM 25754A201   8,416,499 20,000 SH   DFND 1,2,8 20,000 0 0
DONALDSON INC COM 257651109   3,478,893 51,700 SH   DFND 1,2,8 51,700 0 0
EBAY INC COM 278642103   1,644,866 26,496 SH   DFND 1,2,8 0 0 26,496
ECOLAB INC COM 278865100   3,257,395 13,900 SH   DFND 1,2,8 9,400 0 4,500
EMERSON ELEC CO COM 291011104   1,305,183 10,499 SH   DFND 1,2,8 0 0 10,499
ASPEN TECHNOLOGY INC COM 29109X106   14,826,158 59,544 SH   DFND 1,2,8 59,544 0 0
ENBRIDGE INC COM 29250N105   38,977,887 918,995 SH   DFND 1,2,8 868,000 0 50,995
EQUIFAX INC COM 294429105   16,395,075 64,200 SH   DFND 1,2,8 59,000 0 5,200
EXPONENT INC COM 30214U102   12,564,396 141,300 SH   DFND 1,2,8 141,300 0 0
FEDEX CORP COM 31428X106   11,190,541 39,890 SH   DFND 1,2,8 39,890 0 0
FERGUSON ENTERPRISES INC COMMON STOCK NEW 31488V107   3,190,876 18,405 SH   DFND 1,2,8 18,405 0 0
FRANCO NEV CORP COM 351858105   52,856,620 449,795 SH   DFND 1,2,8 429,468 0 20,327
GILEAD SCIENCES INC COM 375558103   2,302,476 25,031 SH   DFND 1,2,8 0 0 25,031
GLOBUS MED INC CL A 379577208   12,817,725 155,000 SH   DFND 1,2,8 155,000 0 0
GRACO INC COM 384109104   14,327,235 171,000 SH   DFND 1,2,8 171,000 0 0
HENRY JACK& ASSOC INC COM 426281101   16,019,820 91,500 SH   DFND 1,2,8 91,500 0 0
HONEYWELL INTL INC COM 438516106   14,005,012 65,740 SH   DFND 1,2,8 65,740 0 0
IDEX CORP COM 45167R104   19,698,920 94,400 SH   DFND 1,2,8 94,400 0 0
IDEXX LABS INC COM 45168D104   48,882,032 118,400 SH   DFND 1,2,8 112,900 0 5,500
INSULET CORP COM 45784P101   13,748,957 52,200 SH   DFND 1,2,8 52,200 0 0
IQVIA HLDGS INC COM 46266C105   16,938,717 85,770 SH   DFND 1,2,8 85,770 0 0
JOHNSON & JOHNSON COM 478160104   10,332,147 72,099 SH   DFND 1,2,8 61,100 0 10,999
KLA CORP COM NEW 482480100   1,893,895 2,990 SH   DFND 1,2,8 0 0 2,990
KEYSIGHT TECHNOLOGIES INC COM 49338L103   3,544,860 22,000 SH   DFND 1,2,8 22,000 0 0
KIMBERLY-CLARK CORP COM 494368103   55,362,760 423,700 SH   DFND 1,2,8 423,700 0 0
LKQ CORP COM 501889208   15,934,600 440,000 SH   DFND 1,2,8 440,000 0 0
LAUDER ESTEE COS INC CL A 518439104   13,743,881 185,240 SH   DFND 1,2,8 185,240 0 0
LENNOX INTL INC COM 526107107   15,235,632 24,800 SH   DFND 1,2,8 24,800 0 0
LINCOLN ELEC HLDGS INC COM 533900106   2,936,622 15,600 SH   DFND 1,2,8 15,600 0 0
LITTLEFUSE INC COM 537008104   16,249,810 69,300 SH   DFND 1,2,8 69,300 0 0
LOWES COS INC COM 548661107   73,286,638 297,110 SH   DFND 1,2,8 297,110 0 0
MSCI INC COM 55354G100   30,864,207 51,500 SH   DFND 1,2,8 49,000 0 2,500
MANHATTAN ASSOCIATES INC COM 562750109   9,352,260 34,500 SH   DFND 1,2,8 34,500 0 0
MASIMO CORP COM 574795100   17,066,874 101,200 SH   DFND 1,2,8 101,200 0 0
MASTERCARD INCORPORATED CL A 57636Q104   131,780,408 250,750 SH   DFND 1,2,8 239,410 0 11,340
MCCORMICK & CO INC COM NON VTG 579780206   3,245,855 43,000 SH   DFND 1,2,8 0 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105   10,867,033 8,900 SH   DFND 1,2,8 8,900 0 0
MICROSOFT CORP COM 594918104   255,423,842 601,259 SH   DFND 1,2,8 585,340 0 15,919
MICRON TECHNOLOGY INC COM 595112103   1,191,423 13,965 SH   DFND 1,2,8 0 0 13,965
MODERNA INC COM 60770K107   590,700 15,000 SH   DFND 1,2,8 0 0 15,000
MONDELEZ INTL INC CL A 609207105   43,470,537 729,800 SH   DFND 1,2,8 697,100 0 32,700
MOODYS CORP COM 615369105   23,679,750 50,000 SH   DFND 1,2,8 46,600 0 3,400
NEWMONT CORP COM 651639106   5,643,262 152,500 SH   DFND 1,2,8 152,500 0 0
NIKE INC CL B 654106103   45,765,178 631,530 SH   DFND 1,2,8 598,580 0 32,950
NORDSON CORP COM 655663102   12,846,735 61,500 SH   DFND 1,2,8 61,500 0 0
NVIDIA CORPORATION COM 67066G104   93,002,775 676,950 SH   DFND 1,2,8 676,950 0 0
PAYCHEX INC COM 704326107   25,602,342 182,900 SH   DFND 1,2,8 182,900 0 0
PAYCOM SOFTWARE INC COM 70432V102   15,429,180 75,500 SH   DFND 1,2,8 75,500 0 0
PEMBINA PIPELINE CORP COM 706327103   2,150,174 58,200 SH   DFND 1,2,8 15,000 0 43,200
PEPSICO INC COM 713448108   73,849,455 486,973 SH   DFND 1,2,8 479,440 0 7,533
PHILIP MORRIS INTL INC COM 718172109   17,828,285 148,600 SH   DFND 1,2,8 148,600 0 0
POOL CORP COM 73278L105   15,952,975 47,000 SH   DFND 1,2,8 47,000 0 0
PROCTER AND GAMBLE CO COM 742718109   2,010,319 12,031 SH   DFND 1,2,8 0 0 12,031
QUALYS INC COM 74758T303   10,545,085 75,500 SH   DFND 1,2,8 75,500 0 0
RESMED INC COM 761152107   74,792,827 325,987 SH   DFND 1,2,8 242,000 0 83,987
ROLLINS INC COM 775711104   50,161,408 1,080,250 SH   DFND 1,2,8 1,013,600 0 66,650
ROPER TECHNOLOGIES INC COM 776696106   56,100,486 108,608 SH   DFND 1,2,8 108,608 0 0
ROYAL GOLD INC COM 780287108   27,536,250 210,000 SH   DFND 1,2,8 210,000 0 0
S&P GLOBAL INC COM 78409V104   11,366,369 22,800 SH   DFND 1,2,8 22,800 0 0
SERVICENOW INC COM 81762P102   50,280,169 47,130 SH   DFND 1,2,8 45,530 0 1,600
SITEONE LANDSCAPE SUPPLY INC COM 82982L103   22,786,622 173,500 SH   DFND 1,2,8 173,500 0 0
SMITH A O CORP COM 831865209   6,637,288 97,600 SH   DFND 1,2,8 9,760 0 0
STRYKER CORPORATION COM 863667101   2,149,525 5,933 SH   DFND 1,2,8 0 0 5,933
TJX COS INC NEW COM 872540109   66,638,026 550,250 SH   DFND 1,2,8 550,250 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   51,290,427 256,100 SH   DFND 1,2,8 240,100 0 16,000
TERADYNE INC COM 880770102   405,360 3,200 SH   DFND 1,2,8 3,200 0 0
TEXAS INSTRS INC COM 882508104   2,823,422 15,021 SH   DFND 1,2,8 0 0 15,021
THERMO FISHER SCIENTIFIC INC COM 883556102   39,911,071 76,960 SH   DFND 1,2,8 68,610 0 8,350
TRACTOR SUPPLY CO COM 892356106   7,729,995 147,000 SH   DFND 1,2,8 147,000 0 0
TREX CO INC COM 89531P105   699,374 10,100 SH   DFND 1,2,8 10,100 0 0
TYLER TECHNOLOGIES INC COM 902252105   520,753 31,400 SH   DFND 1,2,8 29,400 0 2,000
ULTA BEAUTY INC COM 90384S303   13,981,453 32,100 SH   DFND 1,2,8 32,100 0 0
UNION PAC CORP COM 907818108   88,587,864 388,910 SH   DFND 1,2,8 380,380 0 8,530
UNITED PARCEL SERVICE INC CL B 911312106   9,870,740 78,780 SH   DFND 1,2,8 78,780 0 0
UNITEDHEALTH GROUP INC COM 91324P102   54,484,685 107,210 SH   DFND 1,2,8 107,210 0 0
VEEVA SYS INC CL A COM 922475108   5,684,373 26,900 SH   DFND 1,2,8 26,900 0 0
VERISK ANALYTICS INC COM 92345Y106   68,907,850 249,820 SH   DFND 1,2,8 231,870 0 17,950
VISA INC COM CL A 92826C839   127,352,338 403,710 SH   DFND 1,2,8 403,710 0 0
WATERS CORP COM 941848103   50,703,871 136,600 SH   DFND 1,2,8 126,000 0 10,600
WATSCO INC COM 942622200   13,538,497 28,500 SH   DFND 1,2,8 28,500 0 0
WEST PHARMACEUTICAL SVSC INC COM 955306105   16,806,279 51,100 SH   DFND 1,2,8 51,100 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   36,127,355 645,000 SH   DFND 1,2,8 645,000 0 0
XYLEM INC COM 98419M100   18,123,017 155,850 SH   DFND 1,2,8 155,850 0 0
YUM CHINA HLDGS INC COM 98850P109   18,217,336 387,000 SH   DFND 1,2,8 387,000 0 0
ZEBRA TECHNOLOGIES CORPORATION CL A 989207105   15,926,455 41,500 SH   DFND 1,2,8 41,500 0 0
ZOETIS INC CL A 98978V103   45,033,441 277,650 SH   DFND 1,2,8 266,250 0 11,400
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   41,333,134 117,179 SH   DFND 1,2,8 107,400 0 9,779
EATON CORP PLC SHS G29183103   17,726,092 53,330 SH   DFND 1,2,8 53,330 0 0
JOHNSON CTLS INTL PLC SHS G51502105   1,383,596 17,484 SH   DFND 1,2,8 0 0 17,484
LINDE PLC SHS G54950103   2,170,974 5,200 SH   DFND 1,2,8 0 0 5,200
ALCON AG ORD SHS H01301128   32,338,005 381,538 SH   DFND 1,2,8 381,538 0 0
LOGITECH INTL S A SHS H50430232   5,217,070 63,079 SH   DFND 1,2,8 63,079 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104   20,645,402 110,300 SH   DFND 1,2,8 105,000 0 5,300
QIAGEN NV SHS NEW N72482149   563,527 12,644 SH   DFND 1,2,8 12,644 0 0