Instuitional Investor - North Point Portfolio Managers Corp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Fiserv Inc	FI	125,120	$27,630,245	4.85%
2.	Visa Inc.	V	74,654	$26,163,122	4.59%
3.	Amphenol Corp	APH	387,433	$25,411,725	4.46%
4.	Costco Wholesale Corp W	COST	26,772	$25,319,963	4.44%
5.	Arthur J. Gallagher & Co.	AJG	69,021	$23,828,925	4.18%