Ashford Capital Management Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Ashford Capital Management Inc. reported 99 stock positions worth $809.2 million. Its top holding was Globalstar (GSAT) at 7.4% of the portfolio, followed by Ligand Pharmaceuticals (LGND, 5.1%) and Stonex (SNEX, 4.7%). Compared with Q4 2025, it opened 8 new positions, sold out of 18, added to 40 and reduced 28. The biggest buy was Clear Secure Class A (YOU, shares +97%) and the biggest sale Vicor (VICR, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- WILMINGTON, DE
- CIK
- 0000897070
- Portfolio Value
- $809.2M (Q1 2026)
- SEC Filing
- 0000897070-26-000007 ↗ filed May 15, 2026
Holdings Value
Holdings 99 stocks · $809.2M
| GSAT Globalstar Inc. | 7.45% | 907,531 | $60.3M | Reduce -9.2% |
| LGND Ligand Pharmaceuticals | 5.12% | 207,565 | $41.4M | Reduce -2.9% |
| SNEX Stonex Group Inc. | 4.65% | 466,630 | $37.6M | Add +56.4% |
| SUPN Supernus Pharmaceuticals Inc. | 4.12% | 645,381 | $33.4M | Add +5.4% |
| VTI VG Morningstar TS MKT ETF-US | 3.79% | 95,654 | $30.7M | Add +1.9% |
| YOU Clear Secure Inc. Class A | 3.19% | 533,268 | $25.8M | Add +97.5% |
| CLBT Cellebrite Di Ltd. | 3.00% | 1,762,937 | $24.3M | Add +5.5% |
| RDVT Red Violet Inc. | 2.94% | 686,816 | $23.8M | Add +13.9% |
| EQIX Equinix Inc. | 2.83% | 23,375 | $22.9M | Reduce -0.2% |
| HQY Healthequity Inc. | 2.75% | 266,481 | $22.3M | Reduce -1.9% |
| UFPT Ufp Technologies Inc. | 2.58% | 108,010 | $20.9M | Add +11.7% |
| FNV Franco-Nevada Corp. | 2.49% | 81,621 | $20.2M | Reduce -9.2% |
| VOXR Vox Royalty Corp. | 2.32% | 3,586,900 | $18.8M | Add +13.8% |
| VICR Vicor Corp. | 2.26% | 113,535 | $18.3M | Reduce -67.9% |
| AYI Acuity Inc. | 2.20% | 63,539 | $17.8M | Reduce -3.3% |
| LB Landbridge Co. LLC-A | 2.12% | 248,540 | $17.2M | New |
| SKWD Skyward Specialty Insurance | 2.11% | 390,332 | $17.0M | Add +0.7% |
| IDCC Interdigital Inc. | 2.08% | 55,724 | $16.8M | Add +89.5% |
| VNOM Viper Energy Inc. Class A | 1.99% | 342,680 | $16.1M | New |
| BRK.A Berkshire Hathaway Inc. Class A | 1.95% | 22 | $15.8M | No change |
| INCY Incyte Corp. | 1.92% | 165,247 | $15.6M | Add +18.8% |
| KNSL Kinsale Capital Group Inc. | 1.87% | 44,360 | $15.2M | Add +16.3% |
| CVCO Cavco Industries Inc. | 1.73% | 28,917 | $14.0M | Add +1.8% |
| FROG Jfrog Ltd. | 1.66% | 286,118 | $13.4M | Reduce -7.4% |
| AXON Axon Enterprise Inc. | 1.62% | 30,955 | $13.1M | Add +6.0% |
| SRAD Sportradar Group AG-A | 1.49% | 719,570 | $12.0M | Add +35.7% |
| WGS Genedx Holdings Corp. | 1.39% | 174,512 | $11.2M | Add +31.9% |
| UNP Union Pacific Corp. | 1.24% | 41,345 | $10.0M | No change |
| FEZ State Street SPDR Euro Stoxx | 1.08% | 141,178 | $8.8M | Add +14.3% |
| ODD Oddity Tech Ltd. Class A | 1.08% | 654,562 | $8.8M | Reduce -4.6% |
| BROS Dutch Bros Inc. Class A | 1.00% | 159,230 | $8.1M | Add +1.9% |
| FALN iShares Fallen Angels ETF | 0.97% | 294,018 | $7.9M | Add +23.0% |
| TRAK Repositrak Inc. | 0.95% | 1,014,028 | $7.7M | Add +49.2% |
| IEUR iShares Core MSCI Europe ETF | 0.95% | 108,972 | $7.7M | Add +7.0% |
| TYL Tyler Technologies Inc. | 0.91% | 21,584 | $7.4M | Reduce -33.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.90% | 11,169 | $7.3M | No change |
| ABX Abacus Global Management Inc. | 0.84% | 864,900 | $6.8M | New |
| GOOGL Alphabet Inc. Class A | 0.71% | 20,006 | $5.8M | Add +75.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.69% | 205,760 | $5.6M | No change |
| FXI iShares China Large-Cap ETF | 0.69% | 156,078 | $5.6M | Add +12.4% |
| EPD Enterprise Products Partners | 0.69% | 146,610 | $5.5M | Add +1.4% |
| MSFT Microsoft Corp. | 0.68% | 14,935 | $5.5M | Reduce -17.5% |
| PANW Palo Alto Networks Inc. | 0.66% | 33,471 | $5.4M | New |
| PRCH Porch Group Inc. | 0.62% | 696,180 | $5.0M | Add +72.0% |
| EWZ iShares MSCI Brazil ETF | 0.51% | 108,250 | $4.2M | Reduce -16.9% |
| CSGP Costar Group Inc. | 0.51% | 102,490 | $4.1M | Reduce -58.7% |
| EWW iShares MSCI Mexico ETF | 0.50% | 54,297 | $4.1M | Reduce -11.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.50% | 9,078 | $4.1M | Add +10.1% |
| REMX Vaneck Rar Earth ND STG-Usdi | 0.48% | 43,970 | $3.9M | Reduce -14.8% |
| ET Energy Transfer LP | 0.47% | 195,153 | $3.8M | Add +5.7% |
| IWO iShares Russell 2000 Growth | 0.46% | 11,837 | $3.7M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 7,671 | $3.7M | Add +8.5% |
| ISRG Intuitive Surgical Inc. | 0.44% | 7,777 | $3.6M | Add +8.9% |
| TER Teradyne Inc. | 0.43% | 11,693 | $3.5M | Reduce -41.1% |
| META Meta Platforms Inc. Class A | 0.41% | 5,825 | $3.3M | Reduce -3.0% |
| ADMA Adma Biologics Inc. | 0.40% | 361,500 | $3.3M | New |
| XOM Exxon Mobil Corp. | 0.39% | 18,436 | $3.1M | No change |
| KMI Kinder Morgan Inc. | 0.36% | 87,493 | $2.9M | Add +22.0% |
| HACK Amplify Cybersecurity ETF | 0.35% | 37,526 | $2.8M | Add +12.3% |
| TRV The Travelers Cos Inc. | 0.32% | 8,833 | $2.6M | Add +13.8% |
| TKO Tko Group Holdings Inc. | 0.30% | 12,037 | $2.4M | Reduce -2.1% |
| RBC RBC Bearings Inc. | 0.29% | 4,382 | $2.4M | No change |
| CPRT Copart Inc. | 0.29% | 70,879 | $2.4M | Reduce -54.3% |
| FURY Fury Gold Mines Ltd. | 0.28% | 3,730,015 | $2.3M | Add +2.2% |
| MELI MercadoLibre Inc. | 0.28% | 1,294 | $2.2M | Add +35.5% |
| AESI Atlas Energy Solutions Inc. | 0.26% | 162,440 | $2.1M | Reduce -0.1% |
| P Everpure Inc. Class A | 0.25% | 34,132 | $2.0M | Add +38.9% |
| DHR Danaher Corp. | 0.24% | 10,123 | $1.9M | Add +2.1% |
| ORCL Oracle Corp. | 0.23% | 12,440 | $1.8M | Add +82.2% |
| PATH Uipath Inc. Class A | 0.21% | 156,713 | $1.7M | Add +24.9% |
| MRK Merck & Co. Inc. | 0.19% | 13,034 | $1.6M | Reduce -51.7% |
| VZ Verizon Communications Inc. | 0.18% | 29,770 | $1.5M | New |
| AMZN Amazon.com Inc. | 0.17% | 6,700 | $1.4M | No change |
| WMT Walmart Inc. | 0.15% | 9,681 | $1.2M | No change |
| TECH Bio-Techne Corp. | 0.10% | 16,008 | $837K | Reduce -57.8% |
| GLW Corning Inc. | 0.10% | 6,136 | $834K | No change |
| GGN Gamco GLBL Gold NTRL Res Inc. | 0.10% | 146,000 | $777K | No change |
| KO The Coca-Cola Co. | 0.09% | 10,075 | $766K | No change |
| MS Morgan Stanley | 0.09% | 4,570 | $752K | Add +63.8% |
| AAPL Apple Inc. | 0.09% | 2,895 | $735K | No change |
| CVX Chevron Corp. | 0.08% | 2,996 | $620K | No change |
| AVGO Broadcom Inc. | 0.06% | 1,660 | $514K | Reduce -36.1% |
| SHOP Shopify Inc. Class A | 0.06% | 4,145 | $492K | Reduce -11.4% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.06% | 20,088 | $456K | Reduce -82.5% |
| JNJ Johnson & Johnson | 0.05% | 1,700 | $416K | No change |
| MLR Miller Industries Inc. | 0.05% | 9,120 | $415K | No change |
| GOOG Alphabet Inc. Class C | 0.05% | 1,400 | $402K | No change |
| VRT Vertiv Holdings Co. Class A | 0.04% | 1,300 | $326K | No change |
| EWU iShares MSCI United Kingdom | 0.04% | 6,843 | $312K | Add +48.0% |
| AVAV Aerovironment Inc. | 0.04% | 1,670 | $306K | New |
| RBLX Roblox Corp. Class A | 0.04% | 5,210 | $295K | No change |
| LLY Eli Lilly & Co. | 0.04% | 317 | $292K | Reduce -5.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.04% | 1,196 | $290K | No change |
| IWF iShares Russell 1000 Growth | 0.03% | 613 | $261K | Reduce -12.6% |
| T AT&T Inc. | 0.03% | 8,770 | $254K | No change |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.03% | 5,282 | $220K | New |
| VTS Vitesse Energy Inc. | 0.03% | 11,950 | $217K | No change |
| QYLD Global X Nasd 100 Cov Call | 0.02% | 10,000 | $172K | No change |
| AUR Aurora Innovation Inc. | 0.01% | 28,500 | $117K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| VICR Vicor Corp. | Reduce -67.9% | 2.26% | −2.06 |
| ODD Oddity Tech Ltd. Class A | Reduce -4.6% | 1.08% | −1.99 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −1.60 |
| CWAN Clearwater Analytics HDS-A | Sold out | 0.00% | −1.38 |
| CSGP Costar Group Inc. | Reduce -58.7% | 0.51% | −1.35 |
| AVPT Avepoint Inc. | Sold out | 0.00% | −1.24 |
| NCNO Ncino Inc. | Sold out | 0.00% | −1.16 |
| S Sentinelone Inc. Class A | Sold out | 0.00% | −1.01 |
| TYL Tyler Technologies Inc. | Reduce -33.0% | 0.91% | −0.71 |
| VIA Via Transportation Inc. Class A | Sold out | 0.00% | −0.62 |
| FROG Jfrog Ltd. | Reduce -7.4% | 1.66% | −0.49 |
| AYI Acuity Inc. | Reduce -3.3% | 2.20% | −0.44 |
| TTD Trade Desk Inc./the Class A | Reduce -82.5% | 0.06% | −0.43 |
| CPRT Copart Inc. | Reduce -54.3% | 0.29% | −0.39 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.33 |
| SRLN SS Blackstone Sr Loan ETF | Sold out | 0.00% | −0.30 |
| MSFT Microsoft Corp. | Reduce -17.5% | 0.68% | −0.29 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.22 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.16 |
| TECH Bio-Techne Corp. | Reduce -57.8% | 0.10% | −0.14 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -51.7% | 0.19% | −0.12 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.06 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.04 |
| AVGO Broadcom Inc. | Reduce -36.1% | 0.06% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -3.0% | 0.41% | −0.03 |
| RHLD Resolute Holdings Manag | Sold out | 0.00% | −0.03 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.03 |
| QURE Uniqure NV | Sold out | 0.00% | −0.03 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.03 |
| SHOP Shopify Inc. Class A | Reduce -11.4% | 0.06% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.02 |
| HQY Healthequity Inc. | Reduce -1.9% | 2.75% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -12.6% | 0.03% | −0.00 |
| LLY Eli Lilly & Co. | Reduce -5.7% | 0.04% | −0.00 |
| TER Teradyne Inc. | Reduce -41.1% | 0.43% | +0.00 |
| TKO Tko Group Holdings Inc. | Reduce -2.1% | 0.30% | +0.01 |
| IWO iShares Russell 2000 Growth | Reduce -0.2% | 0.46% | +0.03 |
| EWW iShares MSCI Mexico ETF | Reduce -11.1% | 0.50% | +0.03 |
| EWZ iShares MSCI Brazil ETF | Reduce -16.9% | 0.51% | +0.05 |
| REMX Vaneck Rar Earth ND STG-Usdi | Reduce -14.8% | 0.48% | +0.05 |
| AESI Atlas Energy Solutions Inc. | Reduce -0.1% | 0.26% | +0.09 |
| FNV Franco-Nevada Corp. | Reduce -9.2% | 2.49% | +0.42 |
| LGND Ligand Pharmaceuticals | Reduce -2.9% | 5.12% | +0.62 |
| GSAT Globalstar Inc. | Reduce -9.2% | 7.45% | +0.66 |
| EQIX Equinix Inc. | Reduce -0.2% | 2.83% | +0.83 |
Portfolio Buys Q4 2025 → Q1 2026
| YOU Clear Secure Inc. Class A | Add +97.5% | 3.19% | +2.13 |
| LB Landbridge Co. LLC-A | New | 2.12% | +2.12 |
| VNOM Viper Energy Inc. Class A | New | 1.99% | +1.99 |
| SNEX Stonex Group Inc. | Add +56.4% | 4.65% | +1.49 |
| IDCC Interdigital Inc. | Add +89.5% | 2.08% | +1.04 |
| ABX Abacus Global Management Inc. | New | 0.84% | +0.84 |
| SUPN Supernus Pharmaceuticals Inc. | Add +5.4% | 4.12% | +0.73 |
| PANW Palo Alto Networks Inc. | New | 0.66% | +0.66 |
| VOXR Vox Royalty Corp. | Add +13.8% | 2.32% | +0.66 |
| ADMA Adma Biologics Inc. | New | 0.40% | +0.40 |
| INCY Incyte Corp. | Add +18.8% | 1.92% | +0.39 |
| GOOGL Alphabet Inc. Class A | Add +75.8% | 0.71% | +0.31 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.9% | 3.79% | +0.29 |
| FALN iShares Fallen Angels ETF | Add +23.0% | 0.97% | +0.24 |
| KNSL Kinsale Capital Group Inc. | Add +16.3% | 1.87% | +0.21 |
| PRCH Porch Group Inc. | Add +72.0% | 0.62% | +0.21 |
| FEZ State Street SPDR Euro Stoxx | Add +14.3% | 1.08% | +0.20 |
| UFPT Ufp Technologies Inc. | Add +11.7% | 2.58% | +0.19 |
| VZ Verizon Communications Inc. | New | 0.18% | +0.18 |
| EPD Enterprise Products Partners | Add +1.4% | 0.69% | +0.17 |
| KMI Kinder Morgan Inc. | Add +22.0% | 0.36% | +0.14 |
| IEUR iShares Core MSCI Europe ETF | Add +7.0% | 0.95% | +0.14 |
| ET Energy Transfer LP | Add +5.7% | 0.47% | +0.13 |
| FXI iShares China Large-Cap ETF | Add +12.4% | 0.69% | +0.10 |
| VRTX Vertex Pharmaceuticals Inc. | Add +10.1% | 0.50% | +0.08 |
| SRAD Sportradar Group AG-A | Add +35.7% | 1.49% | +0.08 |
| ORCL Oracle Corp. | Add +82.2% | 0.23% | +0.08 |
| TRV The Travelers Cos Inc. | Add +13.8% | 0.32% | +0.07 |
| P Everpure Inc. Class A | Add +38.9% | 0.25% | +0.07 |
| MELI MercadoLibre Inc. | Add +35.5% | 0.28% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +8.5% | 0.45% | +0.06 |
| HACK Amplify Cybersecurity ETF | Add +12.3% | 0.35% | +0.05 |
| FURY Fury Gold Mines Ltd. | Add +2.2% | 0.28% | +0.04 |
| AVAV Aerovironment Inc. | New | 0.04% | +0.04 |
| MS Morgan Stanley | Add +63.8% | 0.09% | +0.04 |
| DOW Dow Inc. | New | 0.03% | +0.03 |
| EWU iShares MSCI United Kingdom | Add +48.0% | 0.04% | +0.02 |
| TRAK Repositrak Inc. | Add +49.2% | 0.95% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +8.9% | 0.44% | −0.01 |
| PATH Uipath Inc. Class A | Add +24.9% | 0.21% | −0.01 |
| DHR Danaher Corp. | Add +2.1% | 0.24% | −0.02 |
| BROS Dutch Bros Inc. Class A | Add +1.9% | 1.00% | −0.07 |
| SKWD Skyward Specialty Insurance | Add +0.7% | 2.11% | −0.10 |
| CVCO Cavco Industries Inc. | Add +1.8% | 1.73% | −0.14 |
| AXON Axon Enterprise Inc. | Add +6.0% | 1.62% | −0.22 |
| CLBT Cellebrite Di Ltd. | Add +5.5% | 3.00% | −0.35 |
| WGS Genedx Holdings Corp. | Add +31.9% | 1.39% | −0.53 |
| RDVT Red Violet Inc. | Add +13.9% | 2.94% | −0.89 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 107 | $932.6M | LGND, GSAT, RDVT, VTI, SNEX |
| Q1 2026 | 99 | $809.2M | GSAT, LGND, SNEX, SUPN, VTI |
| Q4 2025 | 109 | $897.7M | GSAT, LGND, VICR, RDVT, VTI |
| Q3 2025 | 110 | $897.8M | GSAT, LGND, ODD, SNEX, CLBT |
| Q2 2025 | 102 | $851.1M | ODD, LGND, SNEX, GSAT, AXON |
| Q1 2025 | 99 | $775.5M | SNEX, LGND, ODD, CVCO, GSAT |
| Q4 2024 | 101 | $847.6M | CLBT, LGND, AXON, SKWD, ODD |
| Q3 2024 | 102 | $801.3M | AXON, CLBT, LGND, VTI, ODD |
| Q2 2024 | 97 | $740.6M | CPRT, ODD, TYL, SKWD, LGND |
| Q1 2024 | 91 | $739.3M | CPRT, ODD, CSGP, AXON, SKWD |