13F HOLDINGS REPORT
ASHFORD CAPITAL MANAGEMENT INC
Quarter ended Q2 2025 · Filed August 18, 2025 · Accession 0000897070-25-000009
Total Value
$851.1M
Positions
102
Other Managers
0
Confidential Omitted
No
Holdings (102)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ODDITY TECH, LTD. - CL A | ODD | 564,954 | $42.6M | 5.01% |
| 2 | LIGAND PHARMACEUTICALS - CL B | LGNZZ | 302,527 | $34.4M | 4.04% |
| 3 | STONEX GROUP, INC. | SNEX | 361,432 | $32.9M | 3.87% |
| 4 | GLOBALSTAR INC. | GSAT | 1,357,618 | $32.0M | 3.76% |
| 5 | AXON ENTERPRISE, INC. | AXON | 37,406 | $31.0M | 3.64% |
| 6 | HEALTHEQUITY, INC. | HQY | 279,404 | $29.3M | 3.44% |
| 7 | RED VIOLET INC | RDVT | 593,514 | $29.2M | 3.43% |
| 8 | VANGUARD TOTAL STOCK MARKET ETF | 922908769 | 93,592 | $28.4M | 3.34% |
| 9 | CAVCO INDUSTRIES, INC. | 149568107 | 54,973 | $23.9M | 2.81% |
| 10 | SKYWARD SPECIALTY INSURANCE GROUP | 830940102 | 406,032 | $23.5M | 2.76% |
| 11 | COSTAR GROUP INC | CSGP | 291,103 | $23.4M | 2.75% |
| 12 | FRANCO-NEVADA CORP | FNV | 138,078 | $22.6M | 2.66% |
| 13 | COPART INC | CPRT | 433,576 | $21.3M | 2.50% |
| 14 | CELLEBRITE DI LTD/ISRAEL | CLBT | 1,265,670 | $20.3M | 2.38% |
| 15 | CLEARWATER ANALYTICS HDS - CL A | CWAN | 915,444 | $20.1M | 2.36% |
| 16 | TYLER TECHNOLOGIES, INC | TYL | 33,684 | $20.0M | 2.35% |
| 17 | EQUINIX INC | EQIX | 24,599 | $19.6M | 2.30% |
| 18 | KINSALE CAPITAL GROUP INC. | 49714P108 | 40,130 | $19.4M | 2.28% |
| 19 | CYBERARK SOFTWARE LTD/ISRAEL | M2682V108 | 47,203 | $19.2M | 2.26% |
| 20 | SUPERNUS PHARMACEUTICALS INC. | SUPN | 574,372 | $18.1M | 2.13% |
| 21 | UFP TECHNOLOGIES, INC. | UFPT | 70,790 | $17.3M | 2.03% |
| 22 | ACUITY, INC. | AYI | 56,477 | $16.8M | 1.98% |
| 23 | BERKSHIRE HATHAWAY A | BRK-A | 22 | $16.0M | 1.88% |
| 24 | GENEDX HOLDINGS - CL A. | WGSWW | 171,526 | $15.8M | 1.86% |
| 25 | REPOSITRAK, INC. | TRAK | 792,154 | $15.6M | 1.83% |
| 26 | SENTINELONE, INC. - CLASS A | S | 845,743 | $15.5M | 1.82% |
| 27 | ATLAS ENERGY SOLUTIONS, INC. | AESI | 1,113,535 | $14.9M | 1.75% |
| 28 | AVEPOINT, INC. | AVPT | 739,930 | $14.3M | 1.68% |
| 29 | JFROG LTD | FROG | 319,798 | $14.0M | 1.65% |
| 30 | THE TRADE DESK - CL A | 88339J105 | 172,040 | $12.4M | 1.46% |
| 31 | FRANKLIN SENIOR LOAN ETF | FGDL | 467,284 | $11.3M | 1.33% |
| 32 | VICOR CORP | VICR | 231,462 | $10.5M | 1.23% |
| 33 | NCINO, INC. | NCNO | 369,140 | $10.3M | 1.21% |
| 34 | INCYTE CORP | INCY | 146,400 | $10.0M | 1.17% |
| 35 | UNION PACIFIC CORP | UNP | 41,345 | $9.5M | 1.12% |
| 36 | MICROSOFT CORPORATION | MSFT | 18,015 | $9.0M | 1.05% |
| 37 | SPDR EURO STOXX 50 FUND | 78463X202 | 125,338 | $7.5M | 0.88% |
| 38 | SPDR S&P 500 ETF TRUST | SPY | 11,169 | $6.9M | 0.81% |
| 39 | ISHARES CORE MSCI EUROPE ETF | 46434V738 | 101,959 | $6.7M | 0.79% |
| 40 | VICI PROPERTIES | 925652109 | 205,760 | $6.7M | 0.79% |
| 41 | ENTERPRISE PRODUCTS PARTNERS | 293792107 | 166,570 | $5.2M | 0.61% |
| 42 | FACEBOOK INC - A | META | 6,005 | $4.4M | 0.52% |
| 43 | ENERGY TRANSFER LP | ET-PI | 230,803 | $4.2M | 0.49% |
| 44 | VANGUARD REIT ETF | 922908553 | 46,184 | $4.1M | 0.48% |
| 45 | ROPER TECHNOLOGIES, INC | ROP | 7,204 | $4.1M | 0.48% |
| 46 | ISHARES CHINA LARGE-CAP ETF | 464287184 | 108,664 | $4.0M | 0.47% |
| 47 | ISHARES MSCI BRAZIL | 464286400 | 131,200 | $3.8M | 0.44% |
| 48 | BERKSHIRE HATHAWAY B | BRK-A | 7,526 | $3.7M | 0.43% |
| 49 | VERTEX PHARMACEUTICALS INC. | VRTX | 7,707 | $3.4M | 0.40% |
| 50 | ISHARES MSCI MEXICO ETF | 464286822 | 55,988 | $3.4M | 0.40% |
| 51 | GOOSEHEAD INSURANCE INC-CL A | GSHD | 27,658 | $2.9M | 0.34% |
| 52 | MERCADO LIBRE | MELI | 1,079 | $2.8M | 0.33% |
| 53 | VANECK RARE EARTH & METALS ETF | 92189H805 | 66,313 | $2.7M | 0.32% |
| 54 | S&P GLOBAL INC. | SPGI | 4,386 | $2.3M | 0.27% |
| 55 | TKO GROUP HOLDINGS, INC. | TKO | 12,527 | $2.3M | 0.27% |
| 56 | AMPLIFY CYBERSECURITY ETF | 032108664 | 26,350 | $2.3M | 0.27% |
| 57 | INTUITIVE SURGICAL, INC. | ISRG | 3,781 | $2.1M | 0.24% |
| 58 | CARDINAL HEALTH | CAH | 12,076 | $2.0M | 0.24% |
| 59 | EXXON MOBIL CORP | XOM | 18,436 | $2.0M | 0.23% |
| 60 | KINDER MORGAN HOLDCO LLC | EP-PC | 66,086 | $1.9M | 0.23% |
| 61 | ARCH CAPITAL GROUP LTD | G0450A105 | 21,158 | $1.9M | 0.23% |
| 62 | MORNINGSTAR INC | MORN | 6,059 | $1.9M | 0.22% |
| 63 | ALPHABET INC. CLASS A | GOOG | 10,730 | $1.9M | 0.22% |
| 64 | FURY GOLD MINES LTD | FURY | 3,650,015 | $1.8M | 0.21% |
| 65 | NV5 GLOBAL, INC. | 62945V109 | 77,410 | $1.8M | 0.21% |
| 66 | MARKETAXESS HOLDINGS INC | MKTX | 7,771 | $1.7M | 0.20% |
| 67 | AFFIRM HOLDINGS - CL A. | AFRM | 23,903 | $1.7M | 0.19% |
| 68 | AMAZON | AMZN | 6,700 | $1.5M | 0.17% |
| 69 | MEDTRONIC INC. | MDT | 16,824 | $1.5M | 0.17% |
| 70 | MERCK & CO | MRK | 18,362 | $1.5M | 0.17% |
| 71 | EQUIFAX, INC. | EFX | 5,466 | $1.4M | 0.17% |
| 72 | ADOBE SYSTEMS | ADBE | 3,381 | $1.3M | 0.15% |
| 73 | DANAHER CORPORATION | 235851102 | 6,098 | $1.2M | 0.14% |
| 74 | PURE STORAGE | 74624M102 | 20,609 | $1.2M | 0.14% |
| 75 | TERADYNE INC. | TER | 11,069 | $995,324 | 0.12% |
| 76 | BIO-TECHNE CORP | TECH | 18,968 | $975,904 | 0.11% |
| 77 | WAL-MART STORES INC | WMT | 9,711 | $949,542 | 0.11% |
| 78 | BROADCOM INC | AVGO | 3,100 | $854,515 | 0.10% |
| 79 | DELL TECHNOLOGIES - CLASS C | DELL | 6,503 | $797,268 | 0.09% |
| 80 | COCA-COLA CO | KO | 10,075 | $712,806 | 0.08% |
| 81 | PROGRESSIVE CORP/THE | 743315103 | 2,474 | $660,212 | 0.08% |
| 82 | GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRU | 36465A109 | 146,000 | $640,940 | 0.08% |
| 83 | APPLE, INC. | AAPL | 3,015 | $618,588 | 0.07% |
| 84 | ROBLOX CORP. - CL A | RBLX | 5,210 | $548,092 | 0.06% |
| 85 | CHEVRON CORPORATION | CVX | 2,996 | $428,997 | 0.05% |
| 86 | SHOPIFY, INC. - CLASS A | SHOP | 3,600 | $415,260 | 0.05% |
| 87 | MILLER INDUSTRIES RSUS | 600551204 | 9,120 | $405,475 | 0.05% |
| 88 | VITESSE ENERGY INC. | VTS | 17,830 | $393,865 | 0.05% |
| 89 | MORGAN STANLEY | MS-PQ | 2,670 | $376,096 | 0.04% |
| 90 | INTERNATIONAL BUSINESS MACHINES CORP | INTR | 1,196 | $352,557 | 0.04% |
| 91 | POWERFLEET, INC. | AIOT | 80,000 | $344,800 | 0.04% |
| 92 | CORNING INC | GLW | 6,136 | $322,692 | 0.04% |
| 93 | AURORA INNOVATION, INC. | AUROW | 57,000 | $298,680 | 0.04% |
| 94 | ISHARES RUSSELL 1000 GROWTH INDEX FUND | 464287614 | 701 | $297,631 | 0.03% |
| 95 | ELI LILLY & COMPANY | LLY | 336 | $261,922 | 0.03% |
| 96 | JOHNSON & JOHNSON | JNJ | 1,700 | $259,675 | 0.03% |
| 97 | ISHARES GOLD TRUST | IAU | 4,138 | $258,046 | 0.03% |
| 98 | AT&T | T-PC | 8,770 | $253,804 | 0.03% |
| 99 | ALPHABET INC - CL C | GOOG | 1,400 | $248,346 | 0.03% |
| 100 | ISHARES BITCOIN TRUST | IBIT | 3,500 | $214,235 | 0.03% |
| 101 | JOBY AVIATION - CLASS A | JOBY-WT | 20,000 | $211,000 | 0.02% |
| 102 | GLOBAL X NASDAQ 100 COVERED CALL ETF | 37954Y483 | 10,000 | $167,200 | 0.02% |