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
Estimated average burden
hours per response:		23.8

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
AAC HLDGS INC	COM	000307108	18,403	965,563	SH		SOLE	NONE	965,563	0	0
ACADIA HEALTHCARE	COM	00404A109	26,941	431,345	SH		SOLE	NONE	431,345	0	0
ACTUA CORP	COM	005094107	39,427	3,443,415	SH		SOLE	NONE	3,443,415	0	0
ADVANTAGE OIL & GAS	COM	00765F101	828	117,805	SH		SOLE	NONE	117,800	0	0
ADVISORY BRD CO	COM	00762W107	29,495	594,557	SH		SOLE	NONE	594,557	0	0
AMN HEALTHCARE SERVI	COM	001744101	10,817	348,400	SH		SOLE	NONE	348,400	0	0
BOFI HOLDING	COM	05566U108	44,866	2,131,436	SH		SOLE	NONE	2,131,436	0	0
BOINGO WIRELESS IN	COM	09739C102	2,777	419,523	SH		SOLE	NONE	419,523	0	0
CARMIKE CINEMAS INC	COM	143436400	19,517	850,791	SH		SOLE	NONE	850,791	0	0
CHARLES RIV LABS INT	COM	159864107	25,277	314,435	SH		SOLE	NONE	314,435	0	0
CHEROKEE INC	COM	16444H102	11,237	651,442	SH		SOLE	NONE	651,442	0	0
COLLECTORS UNIVERSE	COM NEW	19421R200	1,925	124,200	SH		SOLE	NONE	124,200	0	0
COLLIERS INTL	SUB VTG SHS	194693107	44,501	720,900	SH		SOLE	NONE	720,900	0	0
DESCARTES SYSTEMS	COM	249906108	68,592	2,463,800	SH		SOLE	NONE	2,463,800	0	0
DREW INDUSTRIES INC	COM NEW	26168L205	34,507	566,717	SH		SOLE	NONE	566,617	0	0
ENCORE CAP GROUP INC	COM	292554102	38,408	1,320,793	SH		SOLE	NONE	1,320,793	0	0
ENDURANCE INTL GRO	COM	29272B105	15,558	1,423,465	SH		SOLE	NONE	1,423,465	0	0
EURONET WORLDWIDE	COM	298736109	10,190	140,700	SH		SOLE	NONE	140,700	0	0
FIRSTSERVICE CORP	SUB VTG SH	33767E103	34,864	623,700	SH		SOLE	NONE	623,700	0	0
FRANKLIN COVEY CO	COM	353469109	23,396	1,397,670	SH		SOLE	NONE	1,397,670	0	0
GENESCO INC	COM	371532102	13,104	230,585	SH		SOLE	NONE	230,585	0	0
GENTHERM INC	COM	37253A103	23,899	504,208	SH		SOLE	NONE	504,208	0	0
GILDAN ACTIVEWEAR	COM	375916103	50,006	1,271,130	SH		SOLE	NONE	1,271,130	0	0
GP STRATEGIES CORP	COM	36225V104	26,036	1,036,898	SH		SOLE	NONE	1,036,898	0	0
GTT COMMUNICATIONS	COM	362393100	16,227	951,176	SH		SOLE	NONE	951,176	0	0
GULFPORT ENERGY CORP	COM NEW	402635304	12,459	507,116	SH		SOLE	NONE	507,116	0	0
HEALTHSTREAM INC	COM	42222N103	38,450	1,747,728	SH		SOLE	NONE	1,747,728	0	0
HEMISPHERE MEDIA G	CL A	42365Q103	12,549	850,800	SH		SOLE	NONE	850,800	0	0
HMS HOLDINGS CORP	COM	40425J101	35,769	2,898,696	SH		SOLE	NONE	2,898,696	0	0
INCONTACT INC	COM	45336E109	14,845	1,556,131	SH		SOLE	NONE	1,556,131	0	0
INOGEN INC	COM	45780L104	10,118	252,400	SH		SOLE	NONE	252,400	0	0
J2 GLOBAL INC	COM	48123V102	28,514	346,386	SH		SOLE	NONE	346,386	0	0
KIRKLANDS INC	COM	497498105	10,112	697,428	SH		SOLE	NONE	697,428	0	0
KONA GRILL	COM	50047H201	2,718	171,400	SH		SOLE	NONE	171,400	0	0
LIBERTY TAX INC	CL A	53128T102	14,846	623,008	SH		SOLE	NONE	623,008	0	0
LIFEPOINT HEALTH INC	COM	53219L109	12,617	171,900	SH		SOLE	NONE	171,900	0	0
MATADOR RESOURCES	COM	576485205	14,167	716,600	SH		SOLE	NONE	716,600	0	0
MAXIMUS INC	COM	577933104	26,978	479,618	SH		SOLE	NONE	479,618	0	0
MGP INGREDIENTS INC	COM	55303J106	6,458	248,900	SH		SOLE	NONE	248,900	0	0
NATIONAL GEN HLDGS	COM	636220303	22,150	1,013,300	SH		SOLE	NONE	1,013,300	0	0
PERFORMANCE SPORTS	COM	71377G100	24,629	1,846,300	SH		SOLE	NONE	1,846,300	0	0
POINTS INTL LTD	COM NEW	730843208	21,057	1,559,801	SH		SOLE	NONE	1,559,801	0	0
PRIMORIS SVCS CORP	COM	74164F103	26,430	1,199,750	SH		SOLE	NONE	1,199,750	0	0
RICE ENERGY INC	COM	762760106	268	24,600	SH		SOLE	NONE	24,600	0	0
SAFEGUARD SCIENTIFIC	COM NEW	786449207	13,970	962,847	SH		SOLE	NONE	962,847	0	0
SEQUENTIAL BRNDS GR	COM	81734P107	15,366	1,942,657	SH		SOLE	NONE	1,942,657	0	0
STANTEC INC	COM	85472N109	24,669	718,800	SH		SOLE	NONE	718,800	0	0
SUPERIOR UNIFORM GRP	COM	868358102	7,684	452,565	SH		SOLE	NONE	452,565	0	0
TELENAV INC	COM	879455103	9,649	1,695,900	SH		SOLE	NONE	1,695,900	0	0
TELIGENT INC NEW	COM	87960W104	28,600	3,213,521	SH		SOLE	NONE	3,213,421	0	0
VIRTUSA CORP	COM	92827P102	42,914	1,038,087	SH		SOLE	NONE	1,038,087	0	0
WEB COM GROUP INC	COM	94733A104	23,781	1,188,502	SH		SOLE	NONE	1,188,502	0	0
WEBMD HEALTH CORP	COM	94770V102	18,291	378,700	SH		SOLE	NONE	378,700	0	0
WI LAN INC	COM	928972108	731	395,500	SH		SOLE	NONE	395,500	0	0
WNS HOLDINGS LTD	SPON ADR	92932M101	59,990	1,923,397	SH		SOLE	NONE	1,923,397	0	0
XPO LOGISTICS INC	COM	983793100	30,463	1,117,934	SH		SOLE	NONE	1,117,934	0	0