Pembroke Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Acadia Healthcare	Common	00404A109	36,103	762,800	SH		SOLE		762,800	0	0
Almost Family Inc	Common	020409108	2,722	84,200	SH		SOLE		84,200	0	0
Bally Technologies	Common	05874B107	926	11,800	SH		SOLE		11,800	0	0
Bofi Holding	Common	05566U108	28,674	365,600	SH		SOLE		365,600	0	0
Bottomline Technologies	Common	101388106	30,071	831,600	SH		SOLE		831,600	0	0
Brown & Brown	Common	115236101	1,014	32,300	SH		SOLE		32,300	0	0
Carmike Cinemas	Common	143436400	2,784	100,000	SH		SOLE		100,000	0	0
Catamaran	Common	148887102	22,562	475,364	SH		SOLE		475,364	0	0
Computer Task Group	Common	205477102	32,265	1,713,500	SH		SOLE		1,713,500	0	0
Conn's Inc.	Common	208242107	22,356	284,100	SH		SOLE		284,100	0	0
Denbury Resources	Common	247916208	21,362	1,300,200	SH		SOLE		1,300,200	0	0
Encore Capital Group	Common	292554102	55,703	1,108,300	SH		SOLE		1,108,300	0	0
EPL Oil & Gas Inc	Common	26883D108	28,871	1,013,000	SH		SOLE		1,013,000	0	0
Franklin Covey	Common	353469109	5,839	293,700	SH		SOLE		293,700	0	0
FXCM	Common	302693106	15,742	882,400	SH		SOLE		882,400	0	0
Genesco	Common	371532102	42,265	578,500	SH		SOLE		578,500	0	0
Gentherm	Common	37253A103	46,979	1,752,300	SH		SOLE		1,752,300	0	0
Gp Strategies	Common	36225V104	33,922	1,138,700	SH		SOLE		1,138,700	0	0
Gulfport Energy	Common	402635304	31,552	499,800	SH		SOLE		499,800	0	0
Healthstream Inc.	Common	42222N103	15,546	476,500	SH		SOLE		476,500	0	0
Hibbett Sports	Common	428567101	16,560	246,600	SH		SOLE		246,600	0	0
ICG Group	Common	44928D108	70,133	3,764,500	SH		SOLE		3,764,500	0	0
Kirby	Common	497266106	39,303	396,000	SH		SOLE		396,000	0	0
KONA GRILL	Common	50047H201	3,398	183,500	SH		SOLE		183,500	0	0
Liveperson	Common	538146101	42,658	2,878,400	SH		SOLE		2,878,400	0	0
Mastec	Common	576323109	41,440	1,266,500	SH		SOLE		1,266,500	0	0
Maximus	Common	577933104	22,998	522,800	SH		SOLE		522,800	0	0
Methode Electronics	Common	591520200	25,978	759,800	SH		SOLE		759,800	0	0
Multimedia Games	Common	625453105	40,501	1,291,500	SH		SOLE		1,291,500	0	0
NIC	Common	62914B100	12,875	517,700	SH		SOLE		517,700	0	0
O'Reilly Automotive	Common	67103H107	10,297	80,000	SH		SOLE		80,000	0	0
Performant Financial	Common	71377E105	19,394	1,882,900	SH		SOLE		1,882,900	0	0
Portfolio Recovery Associates	Common	73640Q105	28,084	531,500	SH		SOLE		531,500	0	0
Premiere Global Services	Common	740585104	3,105	267,900	SH		SOLE		267,900	0	0
Range Resources	Common	75281A109	1,501	17,800	SH		SOLE		17,800	0	0
Raymond James Financial	Common	754730109	22,253	426,375	SH		SOLE		426,375	0	0
Rexx Energy	Common	761565100	20,826	1,056,600	SH		SOLE		1,056,600	0	0
Royal Gold	Common	780287108	13,881	301,300	SH		SOLE		301,300	0	0
Streamline Health Solutions	Common	86323X106	11,319	1,621,600	SH		SOLE		1,621,600	0	0
Susser Holdings	Common	869233106	50,198	766,500	SH		SOLE		766,500	0	0
Ultra Petroleum	Common	903914109	1,212	56,000	SH		SOLE		56,000	0	0
Virtusa	Common	92827P102	62,273	1,634,900	SH		SOLE		1,634,900	0	0
Web.Com Group	Common	94733A104	40,307	1,267,900	SH		SOLE		1,267,900	0	0
WNS Holdings	Common	92932M101	34,780	1,587,400	SH		SOLE		1,587,400	0	0
XPO Logistics	Common	983793100	28,099	1,068,800	SH		SOLE		1,068,800	0	0