Q2 2026 13F · SEC CIK 897070

Ashford Capital Management Inc

Asset managerFiled 2026-08-21 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $932.6M
Reported positions: 107
Top holdings a year, 3 yrs: +15.1%
Assets under management: $965.8M

Ashford Capital Management Inc is an asset manager that reported 107 positions worth $932.6M in its Q2 2026 13F, filed 2026-08-21. Its largest holdings were Ligand Pharmaceuticals Inc (LGND, 5.8%), Globalstar Inc (GSAT, 4.4%), Red Violet Inc (RDVT, 3.9%). A portfolio copying its top holdings returned 15.1% a year over the last 3 years, against 20.4% for the S&P 500.

Ashford Capital Management Inc holdings largest 50 of 107 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Ashford Capital Management Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
LGNDLigand Pharmaceuticals Inc	5.8%	5.1%	170,236	-18.0%	$53.8M
GSATGlobalstar Inc	4.4%	7.4%	509,700	-43.8%	$41.4M
RDVTRed Violet Inc	3.9%	2.9%	575,194	-16.3%	$36.7M
VTIVanguard Index Fds	3.9%	3.8%	97,062	+1.5%	$35.9M
SNEXStonex Group Inc	3.5%	4.7%	276,036	-40.8%	$32.7M
SUPNSupernus Pharmaceuticals	3.1%	4.1%	613,783	-4.9%	$28.5M
VICRVicor Corp	3.1%	2.3%	74,920	-34.0%	$28.5M
AYIAcuity Inc	3.0%	2.2%	73,959	+16.4%	$27.9M
UFPTUFP Technologies Inc	3.0%	2.6%	105,020	-2.8%	$27.8M
YOUClear Secure Inc	2.9%	3.2%	479,082	-10.2%	$26.7M
CLBTCellebrite Di Ltd	2.8%	3.0%	1,778,347	+0.9%	$26.0M
FROGJfrog Ltd	2.6%	1.7%	271,708	-5.0%	$24.7M
EQIXEquinix Inc	2.5%	2.8%	22,280	-4.7%	$23.2M
HQYHealthequity Inc	2.5%	2.8%	253,441	-4.9%	$22.9M
SKWDSkyward Specialty Insurance Gr	2.3%	2.1%	368,052	-5.7%	$21.5M
IDCCInterdigital Inc	2.3%	2.1%	74,953	+34.5%	$21.2M
INCYIncyte Corp	2.2%	1.9%	182,177	+10.2%	$20.7M
LBLandbridge Company LLC Cl A	2.0%	2.1%	234,860	-5.5%	$18.6M
VNOMViper Energy Inc	1.9%	2.0%	426,070	+24.3%	$18.1M
ABLAbacus Global Management Inc	1.9%	0.8%	1,670,673	+93.2%	$17.9M
AXONAxon Enterprise Inc	1.8%	1.6%	29,515	-4.7%	$16.5M
BRK-ABerkshire Hathaway Inc Del	1.8%	2.0%	22	+0.0%	$16.5M
FNVFranco Nev Corp	1.7%	2.5%	77,196	-5.4%	$16.1M
VOXRVox Royalty Corp	1.7%	2.3%	3,392,440	-5.4%	$16.0M
PRCHPorch Group Inc	1.6%	0.6%	976,320	+40.2%	$14.7M
WGSGenedx Holdings Corp	1.5%	1.4%	201,986	+15.7%	$13.9M
AESIAtlas Energy Solutions Inc	1.4%	—	762,310	—	$12.7M
KNSLKinsale Cap Group Inc	1.2%	1.9%	34,490	-22.2%	$11.4M
UNPUnion Pac Corp	1.2%	1.2%	41,345	+0.0%	$11.2M
BROSDutch Bros Inc Class A	1.2%	1.0%	150,700	-5.4%	$10.8M
PANWPalo Alto Networks Inc	1.1%	0.7%	31,191	-6.8%	$10.6M
SRADSportradar Group AG	1.1%	1.5%	705,690	-1.9%	$10.6M
QMCOQuantum Corp	1.1%	—	1,039,200	—	$10.6M
FEZSpdr Index Shs Fds	0.9%	1.1%	129,014	-8.6%	$8.9M
SGOVIshares Tr	0.9%	—	87,978	—	$8.9M
GOOGLAlphabet Inc	0.9%	0.7%	23,691	+18.4%	$8.5M
CVCOCavco Inds Inc Del	0.9%	1.7%	13,730	-52.5%	$8.4M
SPYState Str Spdr S&p 500 ETF T	0.9%	0.9%	10,828	-3.1%	$8.1M
IEURIshares Core Msci Europeetf	0.8%	0.9%	103,969	-4.6%	$7.8M
TRAKRepositrak, Inc.	0.7%	1.0%	768,760	-24.2%	$6.9M
TRNSTranscat Inc	0.7%	—	73,500	—	$6.8M
ODDOddity Tech Ltd	0.7%	1.1%	411,685	-37.1%	$6.2M
PSTLPostal Realty Trust Inc Cl A	0.7%	—	248,650	—	$6.1M
ETPCEnergy Transfer L P	0.6%	0.5%	315,163	+61.5%	$6.0M
TYLTyler Technologies Inc	0.6%	0.9%	20,154	-6.6%	$5.9M
MSFTMicrosoft Corp	0.6%	0.7%	14,935	+0.0%	$5.6M
EPDEnterprise Prods Partners L	0.6%	0.7%	146,610	+0.0%	$5.4M
ICSHIshares Tr	0.6%	—	103,715	—	$5.2M
TERTeradyne Inc	0.5%	—	10,499	—	$5.1M
VRTXVertex Pharmaceuticals Inc	0.5%	0.5%	9,078	+0.0%	$4.5M

What Ashford Capital Management Inc bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

ABL Abacus Global Management Inc+93.2% shares
ETPC Energy Transfer L P+61.5% shares
PRCH Porch Group Inc+40.2% shares
IDCC Interdigital Inc+34.5% shares
VNOM Viper Energy Inc+24.3% shares
GOOGL Alphabet Inc+18.4% shares
AYI Acuity Inc+16.4% shares
WGS Genedx Holdings Corp+15.7% shares

Reduced

CVCO Cavco Inds Inc Del-52.5% shares
GSAT Globalstar Inc-43.8% shares
SNEX Stonex Group Inc-40.8% shares
ODD Oddity Tech Ltd-37.1% shares
VICR Vicor Corp-34.0% shares
TRAK Repositrak, Inc.-24.2% shares
KNSL Kinsale Cap Group Inc-22.2% shares
LGND Ligand Pharmaceuticals Inc-18.0% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +10.8% /yr; S&P 500 +20.1%
3 years: +15.1% /yr; S&P 500 +20.4%
5 years: -0.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$932.6M	107
Q1 2026	$809.2M	99
Q4 2025	$897.7M	109
Q3 2025	$897.8M	110
Q2 2025	$851.1M	102
Q1 2025	$775.5M	99
Q4 2024	$847.6M	101
Q3 2024	$801.3M	102
Q2 2024	$740.6M	97
Q1 2024	$739.3M	91
Q4 2023	$746.4M	93
Q3 2023	$679.3M	91

Questions about Ashford Capital Management Inc's portfolio

What stocks does Ashford Capital Management Inc own?

Ashford Capital Management Inc's latest 13F, for Q2 2026 and filed Aug 21, 2026, lists 107 positions worth $932.6M. The largest are Ligand Pharmaceuticals Inc (LGND) at 5.8%, Globalstar Inc (GSAT) at 4.4%, Red Violet Inc (RDVT) at 3.9%, Vanguard Index Fds (VTI) at 3.9% and Stonex Group Inc (SNEX) at 3.5%.

What did Ashford Capital Management Inc buy last quarter?

In Q2 2026, Ashford Capital Management Inc added Abacus Global Management Inc (ABL) (+93.2% shares), Energy Transfer L P (ETPC) (+61.5% shares) and Porch Group Inc (PRCH) (+40.2% shares), compared with its Q1 2026 filing.

What did Ashford Capital Management Inc sell last quarter?

In Q2 2026, Ashford Capital Management Inc cut from its top 50 Ishares Tr (FALN), cut from its top 50 Vici Pptys Inc (VICI), cut from its top 50 Ishares Tr (FXI), cut from its top 50 Ishares Inc (EWZ), cut from its top 50 Costar Group Inc (CSGP), Cavco Inds Inc Del (CVCO) (-52.5% shares), Globalstar Inc (GSAT) (-43.8% shares) and Stonex Group Inc (SNEX) (-40.8% shares), compared with its Q1 2026 filing.

How has Ashford Capital Management Inc's portfolio performed?

A portfolio copying Ashford Capital Management Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +10.8% against +20.1%. Over 5 years: -0.2% a year against +11.6%.

When is Ashford Capital Management Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Ashford Capital Management Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Ashford Capital Management Inc manage?

Ashford Capital Management Inc reported $965.8M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $932.6M.