ASHFORD CAPITAL MANAGEMENT INC

Q3 2025 13F-HR Holdings

Location
Wilmington, DE
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
110
Total value ($000)
$897,763
Net value change ($000)
+46,627 (5.5%)
New positions
15
Sold out positions
7
Turnover %
6.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/18/2025 Next filing: 2/17/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
GSAT 19,313 60.4%
CLBT 11,255 55.6%
VOXR 10,997 NEW
LGND 8,907 25.9%
VIA 8,878 NEW
PRCH 8,866 NEW
SUPN 8,836 48.8%
BROS 8,447 NEW
FNV 5,509 24.3%
CVCO 4,004 16.8%
Top Reduces (Value $000, Stocks/ETFs)
AXON -9,487 -30.6%
ODD -8,460 -19.8%
AESI -7,325 -49.2%
CWAN -6,062 -30.2%
SKWD -5,013 -21.4%
TTD -3,699 -29.9%
HQY -3,496 -11.9%
TRAK -3,485 -22.4%
CYBR -3,366 -17.5%
KNSL -3,185 -16.4%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type