Q3 2025 · 13F-HR
ASHFORD CAPITAL MANAGEMENT INCholdings as filed
Filed 2025-11-14 · accession 0000897070-25-000013
$897.8M
Reported value
110
Positions
2025-09-30
Period end
The Brief · ASHFORD CAPITAL MANAGEMENT INC · Q3 2025
AI · grounded in 13F
ASHFORD CAPITAL MANAGEMENT INC established a new position in GSAT valued at $51.3M. The fund also initiated new stakes in LGND for $43.3M and ODD for $34.2M. Additional new positions include SNEX, CLBT, and VTI.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 378973507 | GSAT | GLOBALSTAR INC. | $51.3M | 5.71% | 1,409,321 | Common | SOLE |
| 53220K504 | LGND | LIGAND PHARMACEUTICALS - CL B | $43.3M | 4.82% | 244,430 | Common | SOLE |
| M7518J104 | ODD | ODDITY TECH, LTD. - CL A | $34.2M | 3.81% | 548,592 | Common | SOLE |
| 861896108 | SNEX | STONEX GROUP, INC. | $31.6M | 3.52% | 313,244 | Common | SOLE |
| M2197Q107 | CLBT | CELLEBRITE DI LTD/ISRAEL | $31.5M | 3.51% | 1,700,285 | Common | SOLE |
| 922908769 | VTI | VANGUARD TOTAL STOCK MARKET ETF | $30.4M | 3.38% | 92,534 | Common | SOLE |
| 75704L104 | RDVT | RED VIOLET INC | $30.3M | 3.38% | 580,708 | Common | SOLE |
| 351858105 | FNV | FRANCO-NEVADA CORP | $28.1M | 3.13% | 126,252 | Common | SOLE |
| 149568107 | CVCO | CAVCO INDUSTRIES, INC. | $27.9M | 3.11% | 48,019 | Common | SOLE |
| 868459108 | SUPN | SUPERNUS PHARMACEUTICALS INC. | $26.9M | 3.00% | 563,718 | Common | SOLE |
| 42226A107 | HQY | HEALTHEQUITY, INC. | $25.8M | 2.87% | 271,963 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $23.7M | 2.64% | 280,738 | Common | SOLE |
| 05464C101 | AXON | AXON ENTERPRISE, INC. | $21.5M | 2.39% | 29,936 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $19.1M | 2.13% | 24,359 | Common | SOLE |
| 217204106 | CPRT | COPART INC | $18.9M | 2.11% | 420,349 | Common | SOLE |
| 00508Y102 | AYI | ACUITY, INC. | $18.8M | 2.10% | 54,637 | Common | SOLE |
| 830940102 | SKWD | SKYWARD SPECIALTY INSURANCE GROUP | $18.5M | 2.06% | 387,972 | Common | SOLE |
| 902252105 | TYL | TYLER TECHNOLOGIES, INC | $17.3M | 1.93% | 33,098 | Common | SOLE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY A | $16.6M | 1.85% | 22 | Common | SOLE |
| 49714P108 | KNSL | KINSALE CAPITAL GROUP INC. | $16.2M | 1.81% | 38,175 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD/ISRAEL | $15.8M | 1.76% | 32,784 | Common | SOLE |
| 902673102 | UFPT | UFP TECHNOLOGIES, INC. | $15.1M | 1.68% | 75,610 | Common | SOLE |
| M6191J100 | FROG | JFROG LTD | $14.6M | 1.63% | 309,408 | Common | SOLE |
| 81663L200 | WGS | GENEDX HOLDINGS - CL A. | $14.3M | 1.59% | 132,456 | Common | SOLE |
| 185123106 | CWAN | CLEARWATER ANALYTICS HDS - CL A | $14.0M | 1.56% | 777,719 | Common | SOLE |
| 81730H109 | S | SENTINELONE, INC. - CLASS A | $12.6M | 1.40% | 713,147 | Common | SOLE |
| 700215304 | TRAK | REPOSITRAK, INC. | $12.1M | 1.35% | 815,208 | Common | SOLE |
| 053604104 | AVPT | AVEPOINT, INC. | $12.1M | 1.34% | 803,369 | Common | SOLE |
| 45337C102 | INCY | INCYTE CORP | $11.4M | 1.27% | 134,220 | Common | SOLE |
| 63947X101 | NCNO | NCINO, INC. | $11.2M | 1.25% | 413,257 | Common | SOLE |
| 925815102 | VICR | VICOR CORP | $11.2M | 1.25% | 225,192 | Common | SOLE |
| 92919F103 | VOXR | VOX ROYALTY CORP. | $11.0M | 1.22% | 2,557,400 | Common | SOLE |
| 907818108 | UNP | UNION PACIFIC CORP | $9.8M | 1.09% | 41,345 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORPORATION | $9.3M | 1.04% | 18,009 | Common | SOLE |
| 92556W104 | VIA | VIA TRANSPORTATION, INC. - CL A | $8.9M | 0.99% | 184,650 | Common | SOLE |
| 733245104 | PRCH | PORCH GROUP INC | $8.9M | 0.99% | 528,380 | Common | SOLE |
| 35473P595 | FLBL | FRANKLIN SENIOR LOAN ETF | $8.8M | 0.98% | 364,498 | Common | SOLE |
| 88339J105 | TTD | THE TRADE DESK - CL A | $8.7M | 0.97% | 177,229 | Common | SOLE |
| 26701L100 | BROS | DUTCH BROS INC. | $8.4M | 0.94% | 161,390 | Common | SOLE |
| 78463X202 | FEZ | SPDR EURO STOXX 50 FUND | $7.7M | 0.86% | 123,833 | Common | SOLE |
| 642045108 | AESI | ATLAS ENERGY SOLUTIONS, INC. | $7.6M | 0.84% | 665,135 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TRUST | $7.4M | 0.83% | 11,169 | Common | SOLE |
| 46434V738 | IEUR | ISHARES CORE MSCI EUROPE ETF | $6.9M | 0.77% | 101,849 | Common | SOLE |
| 925652109 | VICI | VICI PROPERTIES | $6.5M | 0.73% | 200,460 | Common | SOLE |
| 293792107 | EPD | ENTERPRISE PRODUCTS PARTNERS | $5.1M | 0.57% | 164,070 | Common | SOLE |
| 464287184 | FXI | ISHARES CHINA LARGE-CAP ETF | $4.8M | 0.53% | 116,112 | Common | SOLE |
| 30303M102 | META | FACEBOOK INC - A | $4.4M | 0.49% | 6,005 | Common | SOLE |
| 92189H805 | REMX | VANECK RARE EARTH & METALS ETF | $4.3M | 0.47% | 64,745 | Common | SOLE |
| 464286822 | EWW | ISHARES MSCI MEXICO ETF | $3.9M | 0.44% | 57,392 | Common | SOLE |
| 46435G474 | FALN | ISHARES FALLEN ANGELS USD BOND ETF | $3.9M | 0.43% | 138,793 | Common | SOLE |
| 464286400 | EWZ | ISHARES MSCI BRAZIL | $3.9M | 0.43% | 124,272 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER LP | $3.7M | 0.41% | 217,103 | Common | SOLE |
| 776696106 | ROP | ROPER TECHNOLOGIES, INC | $3.6M | 0.41% | 7,316 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY B | $3.6M | 0.40% | 7,121 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC. | $3.2M | 0.36% | 8,245 | Common | SOLE |
| 922908553 | VNQ | VANGUARD REIT ETF | $3.1M | 0.35% | 34,252 | Common | SOLE |
| 880770102 | TER | TERADYNE INC. | $3.1M | 0.35% | 22,736 | Common | SOLE |
| 032108664 | HACK | AMPLIFY CYBERSECURITY ETF | $2.9M | 0.32% | 33,489 | Common | SOLE |
| 74624M102 | P | PURE STORAGE | $2.8M | 0.32% | 33,768 | Common | SOLE |
| 464287648 | IWO | ISHARES RUSSELL 2000 GROWTH INDEX FUND | $2.8M | 0.31% | 8,774 | Common | SOLE |
| 87256C101 | TKO | TKO GROUP HOLDINGS, INC. | $2.5M | 0.28% | 12,527 | Common | SOLE |
| 36117T100 | FURY | FURY GOLD MINES LTD | $2.4M | 0.27% | 3,650,015 | Common | SOLE |
| 607828100 | MOD | MODINE MANUFACTURING CO | $2.4M | 0.26% | 16,616 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC. CLASS A | $2.4M | 0.26% | 9,676 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO | $2.2M | 0.25% | 26,683 | Common | SOLE |
| 58733R102 | MELI | MERCADO LIBRE | $2.2M | 0.25% | 955 | Common | SOLE |
| 89417E109 | TRV | THE TRAVELERS COMPANIES | $2.2M | 0.24% | 7,764 | Common | SOLE |
| 09073M104 | TECH | BIO-TECHNE CORP | $2.1M | 0.23% | 37,905 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP | $2.1M | 0.23% | 18,436 | Common | SOLE |
| G0450A105 | ACGL | ARCH CAPITAL GROUP LTD | $2.1M | 0.23% | 22,673 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN HOLDCO LLC | $2.0M | 0.23% | 71,708 | Common | SOLE |
| 14149Y108 | CAH | CARDINAL HEALTH | $2.0M | 0.22% | 12,717 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC. | $2.0M | 0.22% | 4,043 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $2.0M | 0.22% | 9,919 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL, INC. | $1.9M | 0.21% | 4,223 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HOLDINGS - CL A. | $1.7M | 0.19% | 23,603 | Common | SOLE |
| 92345Y106 | VRSK | VERISK ANALYTICS INC - CLASS A | $1.7M | 0.18% | 6,564 | Common | SOLE |
| 617700109 | MORN | MORNINGSTAR INC | $1.5M | 0.17% | 6,648 | Common | SOLE |
| 023135106 | AMZN | AMAZON | $1.5M | 0.16% | 6,700 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.0M | 0.11% | 3,100 | Common | SOLE |
| 931142103 | WMT | WAL-MART STORES INC | $1.0M | 0.11% | 9,711 | Common | SOLE |
| 037833100 | AAPL | APPLE, INC. | $767,709 | 0.09% | 3,015 | Common | SOLE |
| 36465A109 | GGN | GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRU | $752,630 | 0.08% | 146,000 | Common | SOLE |
| 771049103 | RBLX | ROBLOX CORP. - CL A | $721,689 | 0.08% | 5,210 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY, INC. - CLASS A | $695,495 | 0.08% | 4,680 | Common | SOLE |
| 191216100 | KO | COCA-COLA CO | $668,174 | 0.07% | 10,075 | Common | SOLE |
| 75524B104 | RBC | RBC BEARINGS INC. | $663,493 | 0.07% | 1,700 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $503,336 | 0.06% | 6,136 | Common | SOLE |
| 166764100 | CVX | CHEVRON CORPORATION | $465,249 | 0.05% | 2,996 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $424,423 | 0.05% | 2,670 | Common | SOLE |
| 92852X103 | VTS | VITESSE ENERGY INC. | $414,191 | 0.05% | 17,830 | Common | SOLE |
| 553368101 | MP | MP MATERIALS CORP. | $402,420 | 0.04% | 6,000 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO. | $377,150 | 0.04% | 2,500 | Common | SOLE |
| 600551204 | MLR | MILLER INDUSTRIES RSUS | $368,630 | 0.04% | 9,120 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HOLDINGS INC | $348,500 | 0.04% | 2,000 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC - CL C | $340,970 | 0.04% | 1,400 | Common | SOLE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHINES CORP | $337,463 | 0.04% | 1,196 | Common | SOLE |
| 464287614 | IWF | ISHARES RUSSELL 1000 GROWTH INDEX FUND | $328,355 | 0.04% | 701 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST | $325,000 | 0.04% | 5,000 | Common | SOLE |
| G65163100 | JOBY | JOBY AVIATION - CLASS A | $322,800 | 0.04% | 20,000 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $315,214 | 0.04% | 1,700 | Common | SOLE |
| 15101Q207 | CLS | CELESTICA | $298,120 | 0.03% | 1,210 | Common | SOLE |
| 051774107 | AUR | AURORA INNOVATION, INC. | $282,975 | 0.03% | 52,500 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP/THE | $263,002 | 0.03% | 1,065 | Common | SOLE |
| 532457108 | LLY | ELI LILLY & COMPANY | $256,368 | 0.03% | 336 | Common | SOLE |
| 00206R102 | T | AT&T | $247,665 | 0.03% | 8,770 | Common | SOLE |
| 09175A206 | BMNR | BITMINE IMMERSION TECH. | $207,720 | 0.02% | 4,000 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TRUST | $207,395 | 0.02% | 2,850 | Common | SOLE |
| 761025105 | RSSS | RESEARCH SOLUTIONS, INC | $186,500 | 0.02% | 50,000 | Common | SOLE |
| 37954Y483 | QYLD | GLOBAL X NASDAQ 100 COVERED CALL ETF | $170,100 | 0.02% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.