Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Compass Group Investments, Inc.
   2. Issuer Name and Ticker or Trading Symbol
Compass Diversified Trust [CODI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
BAYSIDE EXECUTIVE PARK, WEST BAY STREET & BLAKE ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
07/01/2007
(Street)

NASSAU, C5 00000		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Shares (1) 07/01/2007   J(2)   2,200,000 D $ 0 7,025,000 D (3)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Compass Group Investments, Inc.
BAYSIDE EXECUTIVE PARK
WEST BAY STREET & BLAKE ROAD
NASSAU, C5 00000		     X    
NAVCO Management, Inc.
BAYSIDE HOUSE, BAYSIDE EXECUTIVE PARK
P.O. BOX AP - 59214
NASSAU, C5 59214		     X    
CGI Diversified Holdings, LP
BAYSIDE HOUSE, BAYSIDE EXECUTIVE PARK
P.O. BOX AP - 59214
NASSAU, C5 59214		     X    

Signatures

 /s/ Lindsey Cancino, Director   07/02/2007
**Signature of Reporting Person Date
 /s/ Lindsay Cancino, Director, Navco Management, Inc., it's general partner   07/02/2007
**Signature of Reporting Person Date
 Lindsey Cancino, Director   07/02/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each Share represents one undivided beneficial interest in the Trust property and corresponds to one trust interest of Compass Group Diversified Holdings LLC held by the Trust.
(2) CGI Diversified Holdings, LP distributed 2,200,000 Shares to Compass Group Investments, Inc. which subsequently transferred such Shares by dividend to Concord Equity Inc. The Kattegat Trust Company Limited indirectly owns Compass Group Investments, Inc. and Concord Equity Inc. See also footnote (3).
(3) Compass Group Investments, Inc. is making this joint filing on Form 4 on its behalf and as the designated beneficial owner on behalf of Navco Management, Inc. and CGI Diversified Holdings, LP. CGI Diversified Holdings, LP is the record and beneficial owner of the 7,025,000 Shares. CGI Diversified Holdings, LP is controlled by Navco Management, Inc., its general partner, and Compass Group Investments, Inc., its sole limited partner. As a result, each of Navco Management, Inc. and Compass Group Investments, Inc. may be deemed to beneficially own the Shares held by CGI Diversified Holdings, LP. CGI Diversified Holdings, LP, Compass Group Investments, Inc., Navco Management, Inc. and Concord Equity, Inc. are indirectly owned by The Kattegat Trust Company Limited. The filing of this Form 4 shall not be construed as an admission that The Kattegat Trust Company Limited is, for any purpose, the beneficial owner of any Shares.

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