Holdings as of 03-31-2025
| Ticker | Company/ETF | Total Shares | Total Value ($) | CUSIP | Class | Put/Call |
|---|---|---|---|---|---|---|
| MA | MASTERCARD INC | 3,331,076 | $1,825,829,377 | 57636Q104 | COMMON STOCK | |
| ORLY | O'REILLY AUTOMOTIVE INC | 863,910 | $1,237,620,188 | 67103H107 | COMMON STOCK | |
| MCO | MOODY'S CORP | 2,435,458 | $1,134,168,436 | 615369105 | COMMON STOCK | |
| V | VISA INC | 3,175,240 | $1,112,794,610 | 92826C839 | COMMON STOCK | |
| KKR | KKR & CO INC | 8,847,564 | $1,022,866,823 | 48251W104 | COMMON STOCK | |
| BN | BROOKFIELD CORP | 19,094,021 | $1,000,717,618 | 11271J107 | COMMON STOCK | |
| ROP | ROPER TECHNOLOGIES INC | 1,449,188 | $854,412,261 | 776696106 | COMMON STOCK | |
| CSGP | COSTAR GROUP INC | 9,313,592 | $737,915,894 | 22160N109 | COMMON STOCK | |
| AMT | AMERICAN TOWER CORP | 2,589,192 | $563,408,179 | 03027X100 | COMMON STOCK | |
| DHR | DANAHER CORP | 1,775,400 | $363,957,000 | 235851102 | COMMON STOCK | |
| ABNB | AIRBNB INC-CLASS A | 2,917,733 | $348,552,384 | 009066101 | COMMON STOCK | |
| CCCS | CCC INTELLIGENT SOLUTIONS HO | 13,190,384 | $119,109,168 | 12510Q100 | COMMON STOCK | |
| GSHD | GOOSEHEAD INSURANCE INC -A | 366,125 | $43,224,717 | 38267D109 | COMMON STOCK | |
| KMX | CARMAX INC | 205,275 | $15,995,028 | 143130102 | COMMON STOCK | |
| BRK.B | BERKSHIRE HATHAWAY INC-CL B | 15,175 | $8,081,901 | 084670702 | COMMON STOCK | |
| SOPH | SOPHIA GENETICS SA | 2,237,504 | $7,428,513 | H82027105 | COMMON STOCK | |
| VRSK | VERISK ANALYTICS INC | 10,139 | $3,017,569 | 92345Y106 | COMMON STOCK | |
| DBRG | DIGITALBRIDGE GROUP INC | 164,740 | $1,453,003 | 25401T603 | COMMON STOCK |