Chapman Investment Management 13F-HR Quarterly holdings report by institutional manager

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

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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	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	7,439	25,235	SH		SOLE		8,000	0	17,235
ADOBE SYSTEMS INCORPORATED	COM	00724F101	5,706	9,744	SH		SOLE		4,110	0	5,634
AIR LEASE CORP	CL A	00912X302	4,404	105,518	SH		SOLE		32,230	0	73,288
ALPHABET INC	CAP STK CL A	02079K305	9,586	3,926	SH		SOLE		1,586	0	2,340
AMAZON COM INC	COM	023135106	13,444	3,908	SH		SOLE		1,800	0	2,108
APPLE INC	COM	037833100	7,427	54,224	SH		SOLE		24,080	0	30,144
CHEVRON CORP NEW	COM	166764100	660	6,302	SH		SOLE		5,200	0	1,102
COCA COLA CO	COM	191216100	732	13,522	SH		SOLE		12,000	0	1,522
COSTCO WHSL CORP NEW	COM	22160K105	8,712	22,019	SH		SOLE		8,400	0	13,619
DISNEY WALT CO	COM	254687106	6,965	39,624	SH		SOLE		13,040	0	26,584
DOCUSIGN INC	COM	256163106	429	1,535	SH		SOLE		1,535	0	0
ECOLAB INC	COM	278865100	5,323	25,843	SH		SOLE		9,465	0	16,378
EXPEDITORS INTL WASH INC	COM	302130109	4,156	32,826	SH		SOLE		10,450	0	22,376
FIDELITY NATL INFORMATION SV	COM	31620M106	6,000	42,350	SH		SOLE		14,000	0	28,350
FIRST AMERN FINL CORP	COM	31847R102	1,712	27,457	SH		SOLE		24,220	0	3,237
GILEAD SCIENCES INC	COM	375558103	413	6,000	SH		SOLE		6,000	0	0
IDEXX LABS INC	COM	45168D104	5,584	8,841	SH		SOLE		4,285	0	4,556
INTUITIVE SURGICAL INC	COM NEW	46120E602	1,862	2,025	SH		SOLE		580	0	1,445
JPMORGAN CHASE & CO	COM	46625H100	1,969	12,658	SH		SOLE		11,400	0	1,258
M & T BK CORP	COM	55261F104	749	5,155	SH		SOLE		5,000	0	155
MASTERCARD INCORPORATED	CL A	57636Q104	7,953	21,783	SH		SOLE		8,515	0	13,268
MERCADOLIBRE INC	COM	58733R102	7,125	4,574	SH		SOLE		1,795	0	2,779
MERCK & CO INC	COM	58933Y105	810	10,411	SH		SOLE		8,300	0	2,111
MICROSOFT CORP	COM	594918104	11,268	41,596	SH		SOLE		16,770	0	24,826
NETFLIX INC	COM	64110L106	1,580	2,991	SH		SOLE		755	0	2,236
OLD REP INTL CORP	COM	680223104	377	15,151	SH		SOLE		13,640	0	1,511
PAYPAL HLDGS INC	COM	70450Y103	13,321	45,700	SH		SOLE		18,555	0	27,145
PFIZER INC	COM	717081103	2,179	55,647	SH		SOLE		48,000	0	7,647
PROCTER AND GAMBLE CO	COM	742718109	680	5,039	SH		SOLE		4,400	0	639
SALESFORCE COM INC	COM	79466L302	5,029	20,588	SH		SOLE		8,000	0	12,588
SHOPIFY INC	CL A	82509L107	416	285	SH		SOLE		277	0	8
SIMON PPTY GROUP INC NEW	COM	828806109	548	4,198	SH		SOLE		3,490	0	708
SQUARE INC	CL A	852234103	7,870	32,279	SH		SOLE		11,800	0	20,479
TESLA INC	COM	88160R101	1,511	2,223	SH		SOLE		585	0	1,638
UNITED PARCEL SERVICE INC	CL B	911312106	5,533	26,605	SH		SOLE		15,100	0	11,505
VERIZON COMMUNICATIONS INC	COM	92343V104	1,738	31,027	SH		SOLE		26,500	0	4,527
VISA INC	COM CL A	92826C839	9,208	39,382	SH		SOLE		17,241	0	22,141
WASTE MGMT INC DEL	COM	94106L109	3,948	28,176	SH		SOLE		13,200	0	14,976
ZOETIS INC	CL A	98978V103	5,455	29,270	SH		SOLE		13,055	0	16,215
ZSCALER INC	COM	98980G102	443	2,050	SH		SOLE		2,050	0	0