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
ACADIA HEALTHCARE	COM	00404A109	16,193	339,045	SH		SOLE	NONE	339,045	0	0
ACTUA CORP	COM	005094107	4,248	277,657	SH		SOLE	NONE	277,657	0	0
ALBANY INTL CORP	CL A	012348108	14,029	244,400	SH		SOLE	NONE	244,400	0	0
AMN HEALTHCARE SERVI	COM	001744101	13,829	302,600	SH		SOLE	NONE	302,600	0	0
ARISTA NETWORKS IN	COM	040413106	10,068	53,100	SH		SOLE	NONE	53,100	0	0
BIOTELEMETRY INC	COM	090672106	14,827	449,300	SH		SOLE	NONE	449,300	0	0
BOFI HOLDING	COM	05566U108	34,615	1,215,836	SH		SOLE	NONE	1,215,836	0	0
BOINGO WIRELESS IN	COM	09739C102	17,891	837,200	SH		SOLE	NONE	837,200	0	0
CARBONITE INC	COM	141337105	27,407	1,245,753	SH		SOLE	NONE	1,245,753	0	0
CHARLES RIV LABS INT	COM	159864107	13,776	127,535	SH		SOLE	NONE	127,535	0	0
COLLECTORS UNIVERSE	COM NEW	19421R200	3,176	132,500	SH		SOLE	NONE	132,500	0	0
COLLIERS INTL	SUB VTG SHS	194693107	31,649	511,300	SH		SOLE	NONE	511,300	0	0
COMMERCEHUB INC	COM SER A	20084V108	20,579	911,782	SH		SOLE	NONE	911,782	0	0
DESCARTES SYSTEMS	COM	249906108	30,511	896,600	SH		SOLE	NONE	896,600	0	0
DHX MEDIA LTD	SHS VAR VTG	252406608	8,560	1,636,660	SH		SOLE	NONE	1,636,660	0	0
DYCOM INDUSTRIES INC	COM	267475101	17,494	203,700	SH		SOLE	NONE	203,700	0	0
ENCORE CAP GROUP INC	COM	292554102	15,536	350,693	SH		SOLE	NONE	350,693	0	0
EURONET WORLDWIDE	COM	298736109	18,361	193,700	SH		SOLE	NONE	193,700	0	0
FERROGLOBE PLC	SHS	G33856108	15,949	1,211,900	SH		SOLE	NONE	1,211,900	0	0
FINANCIAL ENGINES	COM	317485100	14,477	416,600	SH		SOLE	NONE	416,600	0	0
FIRSTSERVICE CORP	SUB VTG SH	33767E103	22,105	269,600	SH		SOLE	NONE	269,600	0	0
FRANKLIN COVEY CO	COM	353469109	19,567	963,872	SH		SOLE	NONE	963,872	0	0
GENTHERM INC	COM	37253A103	22,528	606,408	SH		SOLE	NONE	606,408	0	0
GILDAN ACTIVEWEAR	COM	375916103	46,719	1,198,230	SH		SOLE	NONE	1,198,230	0	0
GP STRATEGIES CORP	COM	36225V104	11,042	357,915	SH		SOLE	NONE	357,915	0	0
GTT COMMUNICATIONS	COM	362393100	27,269	861,576	SH		SOLE	NONE	861,576	0	0
HEALTHSTREAM INC	COM	42222N103	25,301	1,082,628	SH		SOLE	NONE	1,082,628	0	0
HEMISPHERE MEDIA G	CL A	42365Q103	13,973	1,169,300	SH		SOLE	NONE	1,169,300	0	0
HMS HOLDINGS CORP	COM	40425J101	35,567	1,790,896	SH		SOLE	NONE	1,790,896	0	0
IMAX CORP	COM	45245E109	20,537	906,700	SH		SOLE	NONE	906,700	0	0
INSTALLED BUILDING	COM	45780R101	22,661	349,700	SH		SOLE	NONE	349,700	0	0
J2 GLOBAL INC	COM	48123V102	23,877	323,186	SH		SOLE	NONE	323,186	0	0
JAMES RIV GROUP	COM	G5005R107	2,082	50,200	SH		SOLE	NONE	50,200	0	0
LCI INDUSTRIES	COM	50189K103	16,800	145,017	SH		SOLE	NONE	144,917	0	0
LIFEPOINT HEALTH INC	COM	53219L109	15,280	263,900	SH		SOLE	NONE	263,900	0	0
MASONITE INTER CORP	COM	575385109	11,570	167,195	SH		SOLE	NONE	167,195	0	0
MATADOR RESOURCES	COM	576485205	9,668	356,100	SH		SOLE	NONE	356,100	0	0
MESA LABS INC	COM	59064R109	8,466	56,700	SH		SOLE	NONE	56,700	0	0
MGP INGREDIENTS INC	COM	55303J106	8,019	132,265	SH		SOLE	NONE	132,265	0	0
MONOLITHIC POWER	COM	609839105	10,442	98,000	SH		SOLE	NONE	98,000	0	0
NATIONAL GEN HLDGS	COM	636220303	21,848	1,143,300	SH		SOLE	NONE	1,143,300	0	0
NV5 GLOBAL INC	COM	62945V109	9,889	180,954	SH		SOLE	NONE	180,954	0	0
OSISKO GOLD ROYALTIE	COM	68827L101	25,528	1,585,608	SH		SOLE	NONE	1,585,608	0	0
PAYCOM SOFTWARE	COM	70432V102	18,935	252,600	SH		SOLE	NONE	252,600	0	0
POINTS INTL LTD	COM NEW	730843208	19,022	1,339,590	SH		SOLE	NONE	1,339,590	0	0
PREMIER INC	CL A	74051N102	17,829	547,400	SH		SOLE	NONE	547,400	0	0
QUARTERHILL INC	COM	747713105	2,399	1,462,600	SH		SOLE	NONE	1,462,600	0	0
RING ENERGY INC	COM	76680V108	11,147	769,300	SH		SOLE	NONE	769,300	0	0
RITCHIE BROS AUCTNRS	COM	767744105	2,651	67,200	SH		SOLE	NONE	67,200	0	0
RITCHIE BROS AUCTNRS	COM	767744105	8,831	279,300	SH		SOLE	NONE	279,300	0	0
SITEONE LANDSCAPE	COM	82982L103	5,682	97,800	SH		SOLE	NONE	97,800	0	0
SONIC CORP	COM	835451105	8,325	327,100	SH		SOLE	NONE	327,100	0	0
SUPERIOR UNIFORM GRP	COM	868358102	12,272	535,900	SH		SOLE	NONE	535,900	0	0
TELIGENT INC NEW	COM	87960W104	15,612	2,326,621	SH		SOLE	NONE	2,326,521	0	0
TREX CO INC	COM	89531P105	10,070	111,800	SH		SOLE	NONE	111,800	0	0
TUCOWS	COM NEW	898697206	32,284	442,184	SH		SOLE	NONE	442,184	0	0
UPLAND SOFTWARE	COM	91544A109	13,185	623,100	SH		SOLE	NONE	623,100	0	0
VISTEON CORP	COM NEW	92839U206	14,005	113,150	SH		SOLE	NONE	113,150	0	0
WEB COM GROUP INC	COM	94733A104	18,400	736,002	SH		SOLE	NONE	736,002	0	0
WESTPORT FUEL SYSTEM	COM NEW	960908309	16,069	3,948,250	SH		SOLE	NONE	3,948,250	0	0
WNS HOLDINGS LTD	SPON ADR	92932M101	23,009	630,397	SH		SOLE	NONE	630,397	0	0