ASHFORD CAPITAL MANAGEMENT INC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| GLOBALSTAR INC.(GSAT) | 1,357,618 | 1,409,321 | +51,703 | 31,971,904 | 51,285,191 | 5.71% | +19,313,287 |
| CELLEBRITE DI LTD/ISRAEL(CLBT) | 1,265,670 | 1,700,285 | +434,615 | 20,250,720 | 31,506,281 | 3.51% | +11,255,561 |
| VOX ROYALTY CORP. | 0 | 2,557,400 | +2,557,400 | 0 | 10,996,820 | 1.22% | +10,996,820 |
| LIGAND PHARMACEUTICALS - CL B(LGND) | 302,527 | 244,430 | -58,097 | 34,391,269 | 43,298,330 | 4.82% | +8,907,061 |
| VIA TRANSPORTATION, INC. - CL A(VIA) | 0 | 184,650 | +184,650 | 0 | 8,877,972 | 0.99% | +8,877,972 |
| PORCH GROUP INC(PRCH) | 0 | 528,380 | +528,380 | 0 | 8,866,216 | 0.99% | +8,866,216 |
| SUPERNUS PHARMACEUTICALS INC.(SUPN) | 574,372 | 563,718 | -10,654 | 18,104,205 | 26,940,083 | 3.00% | +8,835,878 |
| DUTCH BROS INC.(BROS) | 0 | 161,390 | +161,390 | 0 | 8,447,153 | 0.94% | +8,447,153 |
| FRANCO-NEVADA CORP(FNV) | 138,078 | 126,252 | -11,826 | 22,633,746 | 28,142,833 | 3.13% | +5,509,087 |
| CAVCO INDUSTRIES, INC.(CVCO) | 54,973 | 48,019 | -6,954 | 23,881,920 | 27,886,074 | 3.11% | +4,004,154 |
| ISHARES FALLEN ANGELS USD BOND ETF | 0 | 138,793 | +138,793 | 0 | 3,855,670 | 0.43% | +3,855,670 |
| ISHARES RUSSELL 2000 GROWTH INDEX FUND | 0 | 8,774 | +8,774 | 0 | 2,808,031 | 0.31% | +2,808,031 |
| MODINE MANUFACTURING CO(MOD) | 0 | 16,616 | +16,616 | 0 | 2,362,131 | 0.26% | +2,362,131 |
| THE TRAVELERS COMPANIES(TRV) | 0 | 7,764 | +7,764 | 0 | 2,167,864 | 0.24% | +2,167,864 |
| TERADYNE INC.(TER) | 11,069 | 22,736 | +11,667 | 995,324 | 3,129,383 | 0.35% | +2,134,059 |
| ACUITY, INC.(AYI) | 56,477 | 54,637 | -1,840 | 16,849,348 | 18,816,436 | 2.10% | +1,967,088 |
| VANGUARD TOTAL STOCK MARKET ETF | 93,592 | 92,534 | -1,058 | 28,445,417 | 30,366,883 | 3.38% | +1,921,466 |
| VERISK ANALYTICS INC - CLASS A(VRSK) | 0 | 6,564 | +6,564 | 0 | 1,650,912 | 0.18% | +1,650,912 |
| PURE STORAGE(P) | 20,609 | 33,768 | +13,159 | 1,186,666 | 2,830,096 | 0.32% | +1,643,430 |
| VANECK RARE EARTH & METALS ETF | 66,313 | 64,745 | -1,568 | 2,690,982 | 4,261,516 | 0.47% | +1,570,534 |
| INCYTE CORP(INCY) | 146,400 | 134,220 | -12,180 | 9,969,840 | 11,383,198 | 1.27% | +1,413,358 |
| RED VIOLET INC(RDVT) | 593,514 | 580,708 | -12,806 | 29,200,889 | 30,341,993 | 3.38% | +1,141,104 |
| BIO-TECHNE CORP(TECH) | 18,968 | 37,905 | +18,937 | 975,904 | 2,108,655 | 0.23% | +1,132,751 |
| NCINO, INC.(NCNO) | 369,140 | 413,257 | +44,117 | 10,324,846 | 11,203,397 | 1.25% | +878,551 |
| MERCK & CO(MRK) | 18,362 | 26,683 | +8,321 | 1,453,536 | 2,239,504 | 0.25% | +785,968 |
| ISHARES CHINA LARGE-CAP ETF | 108,664 | 116,112 | +7,448 | 3,994,489 | 4,776,848 | 0.53% | +782,359 |
| DANAHER CORPORATION(DHR) | 6,098 | 9,919 | +3,821 | 1,204,599 | 1,966,541 | 0.22% | +761,942 |
| VICOR CORP(VICR) | 231,462 | 225,192 | -6,270 | 10,499,116 | 11,196,546 | 1.25% | +697,430 |
| RBC BEARINGS INC.(RBC) | 0 | 1,700 | +1,700 | 0 | 663,493 | 0.07% | +663,493 |
| AMPLIFY CYBERSECURITY ETF | 26,350 | 33,489 | +7,139 | 2,275,850 | 2,906,845 | 0.32% | +630,995 |
| JFROG LTD(FROG) | 319,798 | 309,408 | -10,390 | 14,032,736 | 14,644,281 | 1.63% | +611,545 |
| FURY GOLD MINES LTD | 3,650,015 | 3,650,015 | 0 | 1,788,507 | 2,383,825 | 0.27% | +595,318 |
| BERKSHIRE HATHAWAY A | 22 | 22 | 0 | 16,033,600 | 16,592,400 | 1.85% | +558,800 |
| SPDR S&P 500 ETF TRUST(SPY) | 11,169 | 11,169 | 0 | 6,900,767 | 7,440,564 | 0.83% | +539,797 |
| ISHARES MSCI MEXICO ETF | 55,988 | 57,392 | +1,404 | 3,390,633 | 3,914,708 | 0.44% | +524,075 |
| ALPHABET INC. CLASS A(GOOG) | 10,730 | 9,676 | -1,054 | 1,890,948 | 2,352,236 | 0.26% | +461,288 |
| MP MATERIALS CORP.(MP) | 0 | 6,000 | +6,000 | 0 | 402,420 | 0.04% | +402,420 |
| VERTIV HOLDINGS CO.(VRT) | 0 | 2,500 | +2,500 | 0 | 377,150 | 0.04% | +377,150 |
| MICROSOFT CORPORATION(MSFT) | 18,015 | 18,009 | -6 | 8,960,841 | 9,327,762 | 1.04% | +366,921 |
| CELESTICA(CLS) | 0 | 1,210 | +1,210 | 0 | 298,120 | 0.03% | +298,120 |
| COSTAR GROUP INC(CSGP) | 291,103 | 280,738 | -10,365 | 23,404,681 | 23,685,865 | 2.64% | +281,184 |
| SHOPIFY, INC. - CLASS A(SHOP) | 3,600 | 4,680 | +1,080 | 415,260 | 695,495 | 0.08% | +280,235 |
| UNION PACIFIC CORP(UNP) | 41,345 | 41,345 | 0 | 9,512,658 | 9,772,718 | 1.09% | +260,060 |
| TKO GROUP HOLDINGS, INC.(TKO) | 12,527 | 12,527 | 0 | 2,279,288 | 2,529,953 | 0.28% | +250,665 |
| BITMINE IMMERSION TECH.(BMNP) | 0 | 4,000 | +4,000 | 0 | 207,720 | 0.02% | +207,720 |
| SPDR EURO STOXX 50 FUND | 125,338 | 123,833 | -1,505 | 7,486,439 | 7,692,506 | 0.86% | +206,067 |
| ISHARES CORE MSCI EUROPE ETF | 101,959 | 101,849 | -110 | 6,749,686 | 6,937,954 | 0.77% | +188,268 |
| RESEARCH SOLUTIONS, INC | 0 | 50,000 | +50,000 | 0 | 186,500 | 0.02% | +186,500 |
| CORNING INC(GLW) | 6,136 | 6,136 | 0 | 322,692 | 503,336 | 0.06% | +180,644 |
| ROBLOX CORP. - CL A(RBLX) | 5,210 | 5,210 | 0 | 548,092 | 721,689 | 0.08% | +173,597 |
| BROADCOM INC(AVGO) | 3,100 | 3,100 | 0 | 854,515 | 1,022,721 | 0.11% | +168,206 |
| APPLE, INC.(AAPL) | 3,015 | 3,015 | 0 | 618,588 | 767,709 | 0.09% | +149,121 |
| ARCH CAPITAL GROUP LTD | 21,158 | 22,673 | +1,515 | 1,926,436 | 2,057,121 | 0.23% | +130,685 |
| JOBY AVIATION - CLASS A(JOBY) | 20,000 | 20,000 | 0 | 211,000 | 322,800 | 0.04% | +111,800 |
| GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRU | 146,000 | 146,000 | 0 | 640,940 | 752,630 | 0.08% | +111,690 |
| ISHARES BITCOIN TRUST(IBIT) | 3,500 | 5,000 | +1,500 | 214,235 | 325,000 | 0.04% | +110,765 |
| ALPHABET INC - CL C(GOOG) | 1,400 | 1,400 | 0 | 248,346 | 340,970 | 0.04% | +92,624 |
| EXXON MOBIL CORP | 18,436 | 18,436 | 0 | 1,987,401 | 2,078,659 | 0.23% | +91,258 |
| KINDER MORGAN HOLDCO LLC(KMI) | 66,086 | 71,708 | +5,622 | 1,942,928 | 2,030,053 | 0.23% | +87,125 |
| AFFIRM HOLDINGS - CL A.(AFRM) | 23,903 | 23,603 | -300 | 1,652,653 | 1,724,907 | 0.19% | +72,254 |
| ISHARES MSCI BRAZIL | 131,200 | 124,272 | -6,928 | 3,785,120 | 3,852,432 | 0.43% | +67,312 |
| JOHNSON & JOHNSON(JNJ) | 1,700 | 1,700 | 0 | 259,675 | 315,214 | 0.04% | +55,539 |
| WAL-MART STORES INC(WMT) | 9,711 | 9,711 | 0 | 949,542 | 1,000,816 | 0.11% | +51,274 |
| MORGAN STANLEY(MS) | 2,670 | 2,670 | 0 | 376,096 | 424,423 | 0.05% | +48,327 |
| CHEVRON CORPORATION(CVX) | 2,996 | 2,996 | 0 | 428,997 | 465,249 | 0.05% | +36,252 |
| ISHARES RUSSELL 1000 GROWTH INDEX FUND | 701 | 701 | 0 | 297,631 | 328,355 | 0.04% | +30,724 |
| VITESSE ENERGY INC. | 17,830 | 17,830 | 0 | 393,865 | 414,191 | 0.05% | +20,326 |
| GLOBAL X NASDAQ 100 COVERED CALL ETF | 10,000 | 10,000 | 0 | 167,200 | 170,100 | 0.02% | +2,900 |
| AMAZON(AMZN) | 6,700 | 6,700 | 0 | 1,469,913 | 1,471,119 | 0.16% | +1,206 |
| ELI LILLY & COMPANY(LLY) | 336 | 336 | 0 | 261,922 | 256,368 | 0.03% | -5,554 |
| AT&T(T) | 8,770 | 8,770 | 0 | 253,804 | 247,665 | 0.03% | -6,139 |
| INTERNATIONAL BUSINESS MACHINES CORP(IBM) | 1,196 | 1,196 | 0 | 352,557 | 337,463 | 0.04% | -15,094 |
| AURORA INNOVATION, INC. | 57,000 | 52,500 | -4,500 | 298,680 | 282,975 | 0.03% | -15,705 |
| FACEBOOK INC - A(META) | 6,005 | 6,005 | 0 | 4,432,230 | 4,409,952 | 0.49% | -22,278 |
| CARDINAL HEALTH(CAH) | 12,076 | 12,717 | +641 | 2,028,768 | 1,996,060 | 0.22% | -32,708 |
| ENTERPRISE PRODUCTS PARTNERS(EPD) | 166,570 | 164,070 | -2,500 | 5,165,336 | 5,130,469 | 0.57% | -34,867 |
| MILLER INDUSTRIES RSUS | 9,120 | 9,120 | 0 | 405,475 | 368,630 | 0.04% | -36,845 |
| COCA-COLA CO(KO) | 10,075 | 10,075 | 0 | 712,806 | 668,174 | 0.07% | -44,632 |
| ISHARES GOLD TRUST(IAU) | 4,138 | 2,850 | -1,288 | 258,046 | 207,395 | 0.02% | -50,651 |
| BERKSHIRE HATHAWAY B | 7,526 | 7,121 | -405 | 3,655,905 | 3,580,012 | 0.40% | -75,893 |
| INTUITIVE SURGICAL, INC. | 3,781 | 4,223 | +442 | 2,054,633 | 1,888,652 | 0.21% | -165,981 |
| VICI PROPERTIES(VICI) | 205,760 | 200,460 | -5,300 | 6,707,776 | 6,537,001 | 0.73% | -170,775 |
| VERTEX PHARMACEUTICALS INC.(VRTX) | 7,707 | 8,245 | +538 | 3,431,156 | 3,229,072 | 0.36% | -202,084 |
| POWERFLEET, INC. | 80,000 | 0 | -80,000 | 344,800 | 0 | — | -344,800 |
| S&P GLOBAL INC.(SPGI) | 4,386 | 4,043 | -343 | 2,312,694 | 1,967,769 | 0.22% | -344,925 |
| MORNINGSTAR INC(MORN) | 6,059 | 6,648 | +589 | 1,902,102 | 1,542,402 | 0.17% | -359,700 |
| PROGRESSIVE CORP/THE(PGR) | 2,474 | 1,065 | -1,409 | 660,212 | 263,002 | 0.03% | -397,210 |
| ROPER TECHNOLOGIES, INC(ROP) | 7,204 | 7,316 | +112 | 4,083,515 | 3,648,416 | 0.41% | -435,099 |
| ENERGY TRANSFER LP(ET) | 230,803 | 217,103 | -13,700 | 4,184,458 | 3,725,487 | 0.41% | -458,971 |
| EQUINIX INC(EQIX) | 24,599 | 24,359 | -240 | 19,567,767 | 19,078,943 | 2.13% | -488,824 |
| MERCADO LIBRE(MELI) | 1,079 | 955 | -124 | 2,820,107 | 2,231,778 | 0.25% | -588,329 |
| DELL TECHNOLOGIES - CLASS C(DELL) | 6,503 | 0 | -6,503 | 797,268 | 0 | — | -797,268 |
| VANGUARD REIT ETF | 46,184 | 34,252 | -11,932 | 4,113,147 | 3,131,318 | 0.35% | -981,829 |
| ADOBE SYSTEMS(ADBE) | 3,381 | 0 | -3,381 | 1,308,041 | 0 | — | -1,308,041 |
| STONEX GROUP, INC.(SNEX) | 361,432 | 313,244 | -48,188 | 32,940,912 | 31,612,584 | 3.52% | -1,328,328 |
| MARKETAXESS HOLDINGS INC(MKTX) | 7,771 | 2,000 | -5,771 | 1,735,575 | 348,500 | 0.04% | -1,387,075 |
| EQUIFAX, INC.(EFX) | 5,466 | 0 | -5,466 | 1,417,716 | 0 | — | -1,417,716 |
| MEDTRONIC INC.(MDT) | 16,824 | 0 | -16,824 | 1,466,548 | 0 | — | -1,466,548 |
| GENEDX HOLDINGS - CL A.(WGS) | 171,526 | 132,456 | -39,070 | 15,833,565 | 14,270,809 | 1.59% | -1,562,756 |
| NV5 GLOBAL, INC. | 77,410 | 0 | -77,410 | 1,787,397 | 0 | — | -1,787,397 |