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	19,142	1,100,763	SH		SOLE	NONE	1,100,763	0	0
ACADIA HEALTHCARE	COM	00404A109	12,300	248,245	SH		SOLE	NONE	248,245	0	0
ACTUA CORP	COM	005094107	34,712	2,680,515	SH		SOLE	NONE	2,680,515	0	0
AMN HEALTHCARE SERVI	COM	001744101	13,987	438,900	SH		SOLE	NONE	438,900	0	0
ARISTA NETWORKS IN	COM	040413106	3,743	44,000	SH		SOLE	NONE	44,000	0	0
BOFI HOLDING	COM	05566U108	40,475	1,806,936	SH		SOLE	NONE	1,806,936	0	0
BOINGO WIRELESS IN	COM	09739C102	17,899	1,741,200	SH		SOLE	NONE	1,741,200	0	0
BRIGHTCOVE INC	COM	10921T101	6,025	461,700	SH		SOLE	NONE	461,700	0	0
CARBONITE INC	COM	141337105	9,543	621,300	SH		SOLE	NONE	621,300	0	0
CHARLES RIV LABS INT	COM	159864107	18,879	226,535	SH		SOLE	NONE	226,535	0	0
COLLECTORS UNIVERSE	COM NEW	19421R200	2,772	149,600	SH		SOLE	NONE	149,600	0	0
COLLIERS INTL	SUB VTG SHS	194693107	41,236	748,800	SH		SOLE	NONE	748,800	0	0
DESCARTES SYSTEMS	COM	249906108	55,011	1,948,700	SH		SOLE	NONE	1,948,700	0	0
DHX MEDIA LTD	SHS VAR VTG	252406608	9,121	1,327,660	SH		SOLE	NONE	1,327,660	0	0
DREW INDUSTRIES INC	COM NEW	26168L205	20,889	213,117	SH		SOLE	NONE	213,017	0	0
ENCORE CAP GROUP INC	COM	292554102	21,016	934,893	SH		SOLE	NONE	934,893	0	0
EURONET WORLDWIDE	COM	298736109	21,603	264,000	SH		SOLE	NONE	264,000	0	0
EXLSERVICE HOLDINGS	COM	302081104	7,471	149,900	SH		SOLE	NONE	149,900	0	0
FINANCIAL ENGINES	COM	317485100	7,326	246,600	SH		SOLE	NONE	246,600	0	0
FIRSTSERVICE CORP	SUB VTG SH	33767E103	24,353	399,100	SH		SOLE	NONE	399,100	0	0
FRANKLIN COVEY CO	COM	353469109	16,910	949,470	SH		SOLE	NONE	949,470	0	0
GENTHERM INC	COM	37253A103	26,763	851,808	SH		SOLE	NONE	851,808	0	0
GILDAN ACTIVEWEAR	COM	375916103	44,679	1,219,430	SH		SOLE	NONE	1,219,430	0	0
GP STRATEGIES CORP	COM	36225V104	17,551	712,898	SH		SOLE	NONE	712,898	0	0
GTT COMMUNICATIONS	COM	362393100	27,218	1,156,776	SH		SOLE	NONE	1,156,776	0	0
GULFPORT ENERGY CORP	COM NEW	402635304	13,636	482,716	SH		SOLE	NONE	482,716	0	0
HARMAN INTL INDS	COM	413086109	7,617	90,200	SH		SOLE	NONE	90,200	0	0
HEALTHSTREAM INC	COM	42222N103	39,739	1,439,828	SH		SOLE	NONE	1,439,828	0	0
HEMISPHERE MEDIA G	CL A	42365Q103	15,913	1,248,100	SH		SOLE	NONE	1,248,100	0	0
HESKA CORPORATION	COM RESTRC NEW	42805E306	6,254	114,903	SH		SOLE	NONE	114,903	0	0
HMS HOLDINGS CORP	COM	40425J101	45,153	2,036,696	SH		SOLE	NONE	2,036,696	0	0
INOGEN INC	COM	45780L104	8,272	138,100	SH		SOLE	NONE	138,100	0	0
J2 GLOBAL INC	COM	48123V102	20,541	308,386	SH		SOLE	NONE	308,386	0	0
KONA GRILL	COM	50047H201	2,520	200,500	SH		SOLE	NONE	200,500	0	0
LIFEPOINT HEALTH INC	COM	53219L109	17,259	291,400	SH		SOLE	NONE	291,400	0	0
MATADOR RESOURCES	COM	576485205	13,360	548,900	SH		SOLE	NONE	548,900	0	0
MAXIMUS INC	COM	577933104	18,761	331,718	SH		SOLE	NONE	331,718	0	0
MGP INGREDIENTS INC	COM	55303J106	17,284	426,565	SH		SOLE	NONE	426,565	0	0
NATIONAL GEN HLDGS	COM	636220303	23,876	1,073,600	SH		SOLE	NONE	1,073,600	0	0
OSISKO GOLD ROYALTIE	COM	68827L101	26,807	1,866,808	SH		SOLE	NONE	1,866,808	0	0
POINTS INTL LTD	COM NEW	730843208	18,933	1,610,000	SH		SOLE	NONE	1,610,000	0	0
REIS INC	COM	75936P105	4,405	215,300	SH		SOLE	NONE	215,300	0	0
RITCHIE BROS AUCTNRS	COM	767744105	3,236	70,400	SH		SOLE	NONE	70,400	0	0
SONIC CORP	COM	835451105	10,697	408,600	SH		SOLE	NONE	408,600	0	0
SUPERIOR UNIFORM GRP	COM	868358102	14,430	729,200	SH		SOLE	NONE	729,200	0	0
TAHOE RESOURCES	COM	873868103	14,206	844,600	SH		SOLE	NONE	844,600	0	0
TELIGENT INC NEW	COM	87960W104	22,325	2,937,621	SH		SOLE	NONE	2,937,521	0	0
TREX CO INC	COM	89531P105	11,332	193,000	SH		SOLE	NONE	193,000	0	0
VEEVA SYSTEMS INC	CL A COM	922475108	8,631	209,100	SH		SOLE	NONE	209,100	0	0
VIRTUSA CORP	COM	92827P102	10,666	432,187	SH		SOLE	NONE	432,187	0	0
VISTEON CORP	COM NEW	92839U206	14,675	204,800	SH		SOLE	NONE	204,800	0	0
VOCERA COMMUNICATI	COM	92857F107	1,428	84,500	SH		SOLE	NONE	84,500	0	0
WEB COM GROUP INC	COM	94733A104	19,404	1,123,602	SH		SOLE	NONE	1,123,602	0	0
WEBMD HEALTH CORP	COM	94770V102	20,963	421,800	SH		SOLE	NONE	421,800	0	0
WI LAN INC	COM	928972108	1,986	978,700	SH		SOLE	NONE	978,700	0	0
WNS HOLDINGS LTD	SPON ADR	92932M101	30,614	1,022,197	SH		SOLE	NONE	1,022,197	0	0
XACTLY CORP	COM	98386L101	4,006	272,200	SH		SOLE	NONE	272,200	0	0