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	COM	00404A109	51,242	1,056,540	SH		SOLE	None	1,056,540	0	0
Actua Corp.	COM	005094107	65,991	4,119,300	SH		SOLE	None	4,119,300	0	0
Bofi Holding	COM	05566U108	43,619	599,904	SH		SOLE	None	599,904	0	0
Bottomline Technologies	COM	101388106	29,442	1,067,116	SH		SOLE	None	1,067,116	0	0
Carmike Cinemas	COM	143436400	39,466	1,273,915	SH		SOLE	None	1,273,915	0	0
Catamaran	COM	148887102	17,235	408,906	SH		SOLE	None	408,906	0	0
Computer Task Group	COM	205477102	11,178	1,007,000	SH		SOLE	None	1,007,000	0	0
Drew Industries	COM NEW	26168L205	25,076	594,370	SH		SOLE	None	594,370	0	0
Encore Capital Group	COM	292554102	55,311	1,248,276	SH		SOLE	None	1,248,276	0	0
Encore Wire Corp	COM	292562105	18,175	490,020	SH		SOLE	None	490,020	0	0
Franklin Covey	COM	353469109	22,161	1,131,215	SH		SOLE	None	1,131,215	0	0
FXCM	COM CL A	302693106	31,685	1,999,051	SH		SOLE	None	1,999,051	0	0
Genesco	COM	371532102	27,723	370,878	SH		SOLE	None	370,878	0	0
Gentherm	COM	37253A103	48,045	1,137,700	SH		SOLE	None	1,137,700	0	0
GP Strategies	COM	36225V104	49,720	1,731,200	SH		SOLE	None	1,731,200	0	0
Gulfport Energy	COM NEW	402635304	32,341	605,646	SH		SOLE	None	605,646	0	0
Healthstream Inc.	COM	42222N103	43,802	1,824,336	SH		SOLE	None	1,824,336	0	0
Hibbett Sports	COM	428567101	22,394	525,318	SH		SOLE	None	525,318	0	0
HMS Holdings	COM	40425J101	28,045	1,487,823	SH		SOLE	None	1,487,823	0	0
IGI Laboratories	COM	449575109	21,994	2,359,854	SH		SOLE	None	2,359,854	0	0
KONA GRILL	COM	50047H201	2,946	149,300	SH		SOLE	None	149,300	0	0
Mastec	COM	576323109	63,390	2,070,204	SH		SOLE	None	2,070,204	0	0
Matador Resources	COM	576485205	31,737	1,227,743	SH		SOLE	None	1,227,743	0	0
Maximus	COM	577933104	32,803	817,416	SH		SOLE	None	817,416	0	0
Methode Electronics	COM	591520200	34,195	927,460	SH		SOLE	None	927,460	0	0
Monotype Imaging Holdings Inc.	COM	61022P100	27,907	985,411	SH		SOLE	None	985,411	0	0
Multimedia Games	COM	625453105	47,151	1,309,400	SH		SOLE	None	1,309,400	0	0
Portfolio Recovery Associates	COM	73640Q105	35,330	676,433	SH		SOLE	None	676,433	0	0
Power Solutions Intl	COM NEW	73933G202	1,118	16,200	SH		SOLE	None	16,200	0	0
Premiere Global Services	COM	740585104	26,169	2,186,210	SH		SOLE	None	2,186,210	0	0
Primoris Services	COM	74164F103	25,561	952,362	SH		SOLE	None	952,362	0	0
Rexx Energy	COM	761565100	24,200	1,910,017	SH		SOLE	None	1,910,017	0	0
Royal Gold	COM	780287108	21,603	332,655	SH		SOLE	None	332,655	0	0
Safeguard Scientifics Inc	COM NEW	786449207	22,926	1,246,000	SH		SOLE	None	1,246,000	0	0
Sanchez Energy	COM	79970Y105	27,684	1,054,222	SH		SOLE	None	1,054,222	0	0
Streamline Health Solutions	COM	86323X106	8,200	1,771,000	SH		SOLE	None	1,771,000	0	0
Ultra Petroleum	COM	903914109	1,303	56,000	SH		SOLE	None	56,000	0	0
Virtusa	COM	92827P102	78,232	2,200,000	SH		SOLE	None	2,200,000	0	0
Web.Com Group	COM	94733A104	50,009	2,505,478	SH		SOLE	None	2,505,478	0	0
WNS Holdings	SPON ADR	92932M101	54,395	2,416,494	SH		SOLE	None	2,416,494	0	0
XPO Logistics	COM	983793100	44,900	1,191,919	SH		SOLE	None	1,191,919	0	0