Ashford Capital Management Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 21, 2026), Ashford Capital Management Inc. reported 107 stock positions worth $932.6 million. Its top holding was Ligand Pharmaceuticals (LGND) at 5.8% of the portfolio, followed by Globalstar (GSAT, 4.4%) and Red Violet (RDVT, 3.9%). Compared with Q1 2026, it opened 17 new positions, sold out of 9, added to 21 and reduced 46. The biggest buy was a new position in Quantum (QMCO) and the biggest sale Globalstar (GSAT, shares −44%).

Most Recent 13F
Q2 2026
Location
WILMINGTON, DE
CIK
0000897070
Portfolio Value
$932.6M (Q2 2026)
SEC Filing
0000897070-26-000013 ↗ filed Aug 21, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $739.3M Q1 2024 Q2 2024: $740.6M Q2 2024 Q3 2024: $801.3M Q3 2024 Q4 2024: $847.6M Q4 2024 Q1 2025: $775.5M Q1 2025 Q2 2025: $851.1M Q2 2025 Q3 2025: $897.8M Q3 2025 Q4 2025: $897.7M Q4 2025 Q1 2026: $809.2M Q1 2026 Q2 2026: $932.6M $932.6M Q2 2026

Holdings 107 stocks · $932.6M
LGND Ligand Pharmaceuticals 5.77% 170,236 $53.8M Reduce -18.0%
GSAT Globalstar Inc. 4.44% 509,700 $41.4M Reduce -43.8%
RDVT Red Violet Inc. 3.93% 575,194 $36.7M Reduce -16.3%
VTI VG Morningstar TS MKT ETF-US 3.85% 97,062 $35.9M Add +1.5%
SNEX Stonex Group Inc. 3.51% 276,036 $32.7M Reduce -40.8%
SUPN Supernus Pharmaceuticals Inc. 3.06% 613,783 $28.5M Reduce -4.9%
VICR Vicor Corp. 3.05% 74,920 $28.5M Reduce -34.0%
AYI Acuity Inc. 2.99% 73,959 $27.9M Add +16.4%
UFPT Ufp Technologies Inc. 2.99% 105,020 $27.8M Reduce -2.8%
YOU Clear Secure Inc. Class A 2.86% 479,082 $26.7M Reduce -10.2%
CLBT Cellebrite Di Ltd. 2.78% 1,778,347 $26.0M Add +0.9%
FROG Jfrog Ltd. 2.65% 271,708 $24.7M Reduce -5.0%
EQIX Equinix Inc. 2.49% 22,280 $23.2M Reduce -4.7%
HQY Healthequity Inc. 2.45% 253,441 $22.9M Reduce -4.9%
SKWD Skyward Specialty Insurance 2.30% 368,052 $21.5M Reduce -5.7%
IDCC Interdigital Inc. 2.28% 74,953 $21.2M Add +34.5%
INCY Incyte Corp. 2.21% 182,177 $20.7M Add +10.3%
LB Landbridge Co. LLC-A 2.00% 234,860 $18.6M Reduce -5.5%
VNOM Viper Energy Inc. Class A 1.94% 426,070 $18.1M Add +24.3%
ABX Abacus Global Management Inc. 1.92% 1,670,673 $17.9M Add +93.2%
AXON Axon Enterprise Inc. 1.77% 29,515 $16.5M Reduce -4.7%
BRK.A Berkshire Hathaway Inc. Class A 1.77% 22 $16.5M No change
FNV Franco-Nevada Corp. 1.73% 77,196 $16.1M Reduce -5.4%
VOXR Vox Royalty Corp. 1.72% 3,392,440 $16.0M Reduce -5.4%
PRCH Porch Group Inc. 1.57% 976,320 $14.7M Add +40.2%
WGS Genedx Holdings Corp. 1.49% 201,986 $13.9M Add +15.7%
AESI Atlas Energy Solutions Inc. 1.36% 762,310 $12.7M Add +369.3%
KNSL Kinsale Capital Group Inc. 1.22% 34,490 $11.4M Reduce -22.3%
UNP Union Pacific Corp. 1.21% 41,345 $11.2M No change
BROS Dutch Bros Inc. Class A 1.16% 150,700 $10.8M Reduce -5.4%
PANW Palo Alto Networks Inc. 1.14% 31,191 $10.6M Reduce -6.8%
SRAD Sportradar Group AG-A 1.13% 705,690 $10.6M Reduce -1.9%
QMCO Quantum Corp. 1.13% 1,039,200 $10.6M New
FEZ State Street SPDR Euro Stoxx 0.95% 129,014 $8.9M Reduce -8.6%
SGOV iShares 0-3 Month Treasury B 0.95% 87,978 $8.9M New
GOOGL Alphabet Inc. Class A 0.91% 23,691 $8.5M Add +18.4%
CVCO Cavco Industries Inc. 0.90% 13,730 $8.4M Reduce -52.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.87% 10,828 $8.1M Reduce -3.0%
IEUR iShares Core MSCI Europe ETF 0.84% 103,969 $7.8M Reduce -4.6%
TRAK Repositrak Inc. 0.74% 768,760 $6.9M Reduce -24.2%
TRNS Transcat Inc. 0.73% 73,500 $6.8M New
ODD Oddity Tech Ltd. Class A 0.67% 411,685 $6.2M Reduce -37.1%
PSTL Postal Realty Trust Inc. Class A 0.66% 248,650 $6.1M New
ET Energy Transfer LP 0.65% 315,163 $6.0M Add +61.5%
TYL Tyler Technologies Inc. 0.63% 20,154 $5.9M Reduce -6.6%
MSFT Microsoft Corp. 0.60% 14,935 $5.6M No change
EPD Enterprise Products Partners 0.58% 146,610 $5.4M No change
ICSH iShares Ultra Short Duration 0.56% 103,715 $5.2M New
TER Teradyne Inc. 0.54% 10,499 $5.1M Reduce -10.2%
VRTX Vertex Pharmaceuticals Inc. 0.48% 9,078 $4.5M No change
BRK.B Berkshire Hathaway Inc. Class B 0.40% 7,461 $3.7M Reduce -2.7%
REMX Vaneck Rar Earth ND STG-Usdi 0.37% 38,858 $3.4M Reduce -11.6%
EWW iShares MSCI Mexico ETF 0.37% 45,382 $3.4M Reduce -16.4%
EWZ iShares MSCI Brazil ETF 0.36% 98,408 $3.4M Reduce -9.1%
HACK Amplify Cybersecurity ETF 0.36% 32,097 $3.4M Reduce -14.5%
ISRG Intuitive Surgical Inc. 0.33% 7,727 $3.1M Reduce -0.6%
IWO iShares Russell 2000 Growth 0.33% 7,798 $3.1M Reduce -34.1%
TRV The Travelers Cos Inc. 0.31% 8,833 $2.9M No change
ADMA Adma Biologics Inc. 0.30% 337,220 $2.8M Reduce -6.7%
RBC RBC Bearings Inc. 0.30% 4,382 $2.8M No change
KMI Kinder Morgan Inc. 0.30% 87,493 $2.8M No change
FXI iShares China Large-Cap ETF 0.30% 88,147 $2.8M Reduce -43.5%
TWLO Twilio Inc. Class A 0.29% 13,095 $2.7M New
P Everpure Inc. Class A 0.29% 34,132 $2.7M No change
XOM Exxon Mobil Corp. 0.27% 18,436 $2.5M No change
CSGP Costar Group Inc. 0.27% 88,100 $2.5M Reduce -14.0%
MS Morgan Stanley 0.26% 11,820 $2.5M Add +158.6%
GLW Corning Inc. 0.26% 9,496 $2.4M Add +54.8%
META Meta Platforms Inc. Class A 0.25% 4,106 $2.3M Reduce -29.5%
TKO Tko Group Holdings Inc. 0.23% 10,822 $2.2M Reduce -10.1%
TXT Textron Inc. 0.23% 23,250 $2.1M New
MELI MercadoLibre Inc. 0.22% 1,205 $2.0M Reduce -6.9%
FURY Fury Gold Mines Ltd. 0.22% 3,730,015 $2.0M No change
DHR Danaher Corp. 0.21% 10,123 $1.9M No change
CPRT Copart Inc. 0.20% 67,039 $1.9M Reduce -5.4%
MCHI iShares MSCI China ETF 0.20% 35,934 $1.8M New
PATH Uipath Inc. Class A 0.18% 156,713 $1.7M No change
SRLN SS Blackstone Sr Loan ETF 0.18% 41,956 $1.7M New
VZ Verizon Communications Inc. 0.18% 39,880 $1.7M Add +34.0%
MRK Merck & Co. Inc. 0.18% 13,034 $1.7M No change
AMZN Amazon.com Inc. 0.17% 6,700 $1.6M No change
KO The Coca-Cola Co. 0.17% 19,582 $1.6M Add +94.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.16% 56,580 $1.5M Reduce -72.5%
BKLN Invesco Senior Loan ETF 0.13% 61,256 $1.2M New
WMT Walmart Inc. 0.12% 10,133 $1.1M Add +4.7%
AAPL Apple Inc. 0.09% 2,895 $838K No change
GGN Gamco GLBL Gold NTRL Res Inc. 0.08% 146,000 $707K No change
AVGO Broadcom Inc. 0.06% 1,530 $578K Reduce -7.8%
KOPN Kopin Corp. 0.06% 117,800 $528K New
CVX Chevron Corp. 0.05% 3,015 $500K Add +0.6%
GOOG Alphabet Inc. Class C 0.05% 1,400 $495K No change
MLR Miller Industries Inc. 0.05% 9,120 $466K No change
VRT Vertiv Holdings Co. Class A 0.05% 1,300 $435K No change
JNJ Johnson & Johnson 0.05% 1,700 $432K No change
SHOP Shopify Inc. Class A 0.04% 3,600 $411K Reduce -13.2%
DDOG Datadog Inc. Class A 0.04% 1,472 $383K New
QYLD Global X Nasd 100 Cov Call 0.04% 20,000 $369K Add +100.0%
LLY Eli Lilly & Co. 0.04% 305 $366K Reduce -3.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,236 $348K Add +3.3%
AUR Aurora Innovation Inc. 0.04% 50,000 $341K Add +75.4%
MP MP Materials Corp. 0.04% 6,000 $336K New
EWU iShares MSCI United Kingdom 0.03% 6,843 $316K No change
RBLX Roblox Corp. Class A 0.03% 5,210 $283K No change
QQQ Invesco QQQ Trust Series 1 0.03% 338 $249K New
CRDO Credo Technology Group Holdi 0.03% 865 $235K New
NVDA Nvidia Corp. 0.02% 1,000 $200K New
CAG Conagra Brands Inc. 0.02% 13,250 $178K New

Portfolio Sells Q1 2026 → Q2 2026
GSAT Globalstar Inc. Reduce -43.8% 4.44% −3.01
SNEX Stonex Group Inc. Reduce -40.8% 3.51% −1.14
SUPN Supernus Pharmaceuticals Inc. Reduce -4.9% 3.06% −1.06
FALN iShares Fallen Angels ETF Sold out 0.00% −0.97
CVCO Cavco Industries Inc. Reduce -52.5% 0.90% −0.83
FNV Franco-Nevada Corp. Reduce -5.4% 1.73% −0.77
KNSL Kinsale Capital Group Inc. Reduce -22.3% 1.22% −0.65
VOXR Vox Royalty Corp. Reduce -5.4% 1.72% −0.60
VICI Vici Properties Inc. Reduce -72.5% 0.16% −0.53
ODD Oddity Tech Ltd. Class A Reduce -37.1% 0.67% −0.41
FXI iShares China Large-Cap ETF Reduce -43.5% 0.30% −0.39
SRAD Sportradar Group AG-A Reduce -1.9% 1.13% −0.36
EQIX Equinix Inc. Reduce -4.7% 2.49% −0.34
YOU Clear Secure Inc. Class A Reduce -10.2% 2.86% −0.33
HQY Healthequity Inc. Reduce -4.9% 2.45% −0.30
TYL Tyler Technologies Inc. Reduce -6.6% 0.63% −0.28
CSGP Costar Group Inc. Reduce -14.0% 0.27% −0.24
ORCL Oracle Corp. Sold out 0.00% −0.23
TRAK Repositrak Inc. Reduce -24.2% 0.74% −0.21
META Meta Platforms Inc. Class A Reduce -29.5% 0.25% −0.16
EWZ iShares MSCI Brazil ETF Reduce -9.1% 0.36% −0.15
EWW iShares MSCI Mexico ETF Reduce -16.4% 0.37% −0.14
FEZ State Street SPDR Euro Stoxx Reduce -8.6% 0.95% −0.13
IWO iShares Russell 2000 Growth Reduce -34.1% 0.33% −0.13
LB Landbridge Co. LLC-A Reduce -5.5% 2.00% −0.13
ISRG Intuitive Surgical Inc. Reduce -0.6% 0.33% −0.11
REMX Vaneck Rar Earth ND STG-Usdi Reduce -11.6% 0.37% −0.11
IEUR iShares Core MSCI Europe ETF Reduce -4.6% 0.84% −0.11
TECH Bio-Techne Corp. Sold out 0.00% −0.10
ADMA Adma Biologics Inc. Reduce -6.7% 0.30% −0.10
CPRT Copart Inc. Reduce -5.4% 0.20% −0.09
TKO Tko Group Holdings Inc. Reduce -10.1% 0.23% −0.07
MELI MercadoLibre Inc. Reduce -6.9% 0.22% −0.06
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.7% 0.40% −0.05
AVAV Aerovironment Inc. Sold out 0.00% −0.04
IWF iShares Russell 1000 Growth Sold out 0.00% −0.03
T AT&T Inc. Sold out 0.00% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.0% 0.87% −0.03
DOW Dow Inc. Sold out 0.00% −0.03
VTS Vitesse Energy Inc. Sold out 0.00% −0.03
SHOP Shopify Inc. Class A Reduce -13.2% 0.04% −0.02
AVGO Broadcom Inc. Reduce -7.8% 0.06% −0.00
LLY Eli Lilly & Co. Reduce -3.8% 0.04% +0.00
HACK Amplify Cybersecurity ETF Reduce -14.5% 0.36% +0.01
TER Teradyne Inc. Reduce -10.2% 0.54% +0.12
AXON Axon Enterprise Inc. Reduce -4.7% 1.77% +0.15
BROS Dutch Bros Inc. Class A Reduce -5.4% 1.16% +0.16
SKWD Skyward Specialty Insurance Reduce -5.7% 2.30% +0.20
UFPT Ufp Technologies Inc. Reduce -2.8% 2.99% +0.40

Portfolio Buys Q1 2026 → Q2 2026
QMCO Quantum Corp. New 1.13% +1.13
AESI Atlas Energy Solutions Inc. Add +369.3% 1.36% +1.09
ABX Abacus Global Management Inc. Add +93.2% 1.92% +1.08
PRCH Porch Group Inc. Add +40.2% 1.57% +0.96
SGOV iShares 0-3 Month Treasury B New 0.95% +0.95
AYI Acuity Inc. Add +16.4% 2.99% +0.79
TRNS Transcat Inc. New 0.73% +0.73
PSTL Postal Realty Trust Inc. Class A New 0.66% +0.66
ICSH iShares Ultra Short Duration New 0.56% +0.56
INCY Incyte Corp. Add +10.3% 2.21% +0.29
TWLO Twilio Inc. Class A New 0.29% +0.29
TXT Textron Inc. New 0.23% +0.23
GOOGL Alphabet Inc. Class A Add +18.4% 0.91% +0.20
MCHI iShares MSCI China ETF New 0.20% +0.20
IDCC Interdigital Inc. Add +34.5% 2.28% +0.20
SRLN SS Blackstone Sr Loan ETF New 0.18% +0.18
ET Energy Transfer LP Add +61.5% 0.65% +0.18
MS Morgan Stanley Add +158.6% 0.26% +0.17
GLW Corning Inc. Add +54.8% 0.26% +0.16
BKLN Invesco Senior Loan ETF New 0.13% +0.13
WGS Genedx Holdings Corp. Add +15.7% 1.49% +0.10
KO The Coca-Cola Co. Add +94.4% 0.17% +0.08
VTI VG Morningstar TS MKT ETF-US Add +1.5% 3.85% +0.06
KOPN Kopin Corp. New 0.06% +0.06
DDOG Datadog Inc. Class A New 0.04% +0.04
MP MP Materials Corp. New 0.04% +0.04
QQQ Invesco QQQ Trust Series 1 New 0.03% +0.03
CRDO Credo Technology Group Holdi New 0.03% +0.03
AUR Aurora Innovation Inc. Add +75.4% 0.04% +0.02
NVDA Nvidia Corp. New 0.02% +0.02
CAG Conagra Brands Inc. New 0.02% +0.02
QYLD Global X Nasd 100 Cov Call Add +100.0% 0.04% +0.02
IBM Intl Business Machines Corp. Add +3.3% 0.04% +0.00
VZ Verizon Communications Inc. Add +34.0% 0.18% −0.00
CVX Chevron Corp. Add +0.6% 0.05% −0.02
WMT Walmart Inc. Add +4.7% 0.12% −0.03
VNOM Viper Energy Inc. Class A Add +24.3% 1.94% −0.05
CLBT Cellebrite Di Ltd. Add +0.9% 2.78% −0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$932.6MLGND, GSAT, RDVT, VTI, SNEX
Q1 2026 99$809.2MGSAT, LGND, SNEX, SUPN, VTI
Q4 2025 109$897.7MGSAT, LGND, VICR, RDVT, VTI
Q3 2025 110$897.8MGSAT, LGND, ODD, SNEX, CLBT
Q2 2025 102$851.1MODD, LGND, SNEX, GSAT, AXON
Q1 2025 99$775.5MSNEX, LGND, ODD, CVCO, GSAT
Q4 2024 101$847.6MCLBT, LGND, AXON, SKWD, ODD
Q3 2024 102$801.3MAXON, CLBT, LGND, VTI, ODD
Q2 2024 97$740.6MCPRT, ODD, TYL, SKWD, LGND
Q1 2024 91$739.3MCPRT, ODD, CSGP, AXON, SKWD