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
ALBANY INTL CORP	CL A	012348108	28,098	338,892	SH		SOLE	NONE	338,892	0	0
AXOS FINANCIAL	COM	05465C100	23,490	862,009	SH		SOLE	NONE	862,009	0	0
BARRICK GOLD CORP	COM	067901108	217	10,500	SH		SOLE	NONE	10,500	0	0
BIOTELEMETRY INC	COM	090672106	16,100	334,381	SH		SOLE	NONE	334,381	0	0
BOINGO WIRELESS IN	COM	09739C102	17,299	962,663	SH		SOLE	NONE	962,663	0	0
BOTTOMLINE TECH DEL	COM	101388106	6,634	150,332	SH		SOLE	NONE	150,332	0	0
BRP INC	COM SUN VTG	05577W200	44,513	951,139	SH		SOLE	NONE	951,139	0	0
CARBONITE INC	COM	141337105	20,198	776,863	SH		SOLE	NONE	776,863	0	0
CHARLES RIV LABS INT	COM	159864107	14,666	103,351	SH		SOLE	NONE	103,351	0	0
COLLECTORS UNIVERSE	COM NEW	19421R200	2,931	136,595	SH		SOLE	NONE	136,595	0	0
COLLIERS INTL	SUB VTG SHS	194693107	42,672	455,750	SH		SOLE	NONE	455,750	0	0
CRA INTERNATIONAL	COM	12618T105	10,523	274,537	SH		SOLE	NONE	274,537	0	0
DESCARTES SYSTEMS	COM	249906108	28,011	578,150	SH		SOLE	NONE	578,150	0	0
ENCORE CAP GROUP INC	COM	292554102	16,653	492,689	SH		SOLE	NONE	492,689	0	0
EURONET WORLDWIDE	COM	298736109	30,060	178,984	SH		SOLE	NONE	178,984	0	0
EUROPEAN EQUITY FD	COM	298768102	128	14,500	SH		SOLE	NONE	14,500	0	0
FARMLAND PARTNERS	COM	31154R109	141	20,000	SH		SOLE	NONE	20,000	0	0
FIRSTSERVICE CORP	COM	33767E202	14,376	114,094	SH		SOLE	NONE	114,094	0	0
FRANKLIN COVEY CO	COM	353469109	29,963	881,276	SH		SOLE	NONE	881,276	0	0
GENPACT LIMITED	SHS	G3922B107	14,873	390,480	SH		SOLE	NONE	390,480	0	0
GENTHERM INC	COM	37253A103	21,771	520,452	SH		SOLE	NONE	520,452	0	0
GILDAN ACTIVEWEAR	COM	375916103	23,709	467,823	SH		SOLE	NONE	467,823	0	0
GLOBUS MED INC	CL A	379577208	13,495	319,037	SH		SOLE	NONE	319,037	0	0
GREEN DOT CORP	CL A	39304D102	12,342	252,389	SH		SOLE	NONE	252,389	0	0
HEALTHSTREAM INC	COM	42222N103	18,619	720,001	SH		SOLE	NONE	720,001	0	0
HEMISPHERE MEDIA G	CL A	42365Q103	10,333	799,790	SH		SOLE	NONE	799,790	0	0
HMS HOLDINGS CORP	COM	40425J101	29,636	914,976	SH		SOLE	NONE	914,976	0	0
IMAX CORP	COM	45245E109	19,026	941,900	SH		SOLE	NONE	941,900	0	0
INSTALLED BUILDING	COM	45780R101	29,381	496,125	SH		SOLE	NONE	496,125	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	747	12,161	SH		SOLE	NONE	12,161	0	0
ISHARES TRUST	CORE S&P500 ETF	464287200	870	2,952	SH		SOLE	NONE	2,952	0	0
JAMES RIV GROUP	COM	G5005R107	2,813	59,975	SH		SOLE	NONE	59,975	0	0
KIRKLAND LAKE GOLD	COM	49741E100	369	6,541	SH		SOLE	NONE	6,541	0	0
KORNIT DIGITAL LTD	SHS	M6372Q113	14,596	461,033	SH		SOLE	NONE	461,033	0	0
LCI INDUSTRIES	COM	50189K103	16,390	182,112	SH		SOLE	NONE	182,112	0	0
LIVEPERSON INC	COM	538146101	9,867	351,885	SH		SOLE	NONE	351,885	0	0
MAIN STREET CAPITAL	COM	56035L104	3,007	73,130	SH		SOLE	NONE	73,130	0	0
MERIT MEDICAL SYS	COM	589889104	9,537	160,117	SH		SOLE	NONE	160,117	0	0
MGP INGREDIENTS INC	COM	55303J106	21,982	331,504	SH		SOLE	NONE	331,504	0	0
MONGODB INC	CL A	60937P106	12,594	82,808	SH		SOLE	NONE	82,808	0	0
MONOLITHIC POWER	COM	609839105	15,036	110,737	SH		SOLE	NONE	110,737	0	0
NATIONAL GEN HLDGS	COM	636220303	23,454	1,022,423	SH		SOLE	NONE	1,022,423	0	0
PAYCOM SOFTWARE	COM	70432V102	20,859	92,004	SH		SOLE	NONE	92,004	0	0
PLURALSIGHT INC	COM CL A	72941B106	8,026	264,704	SH		SOLE	NONE	264,704	0	0
POINTS INTL LTD	COM NEW	730843208	18,403	1,130,404	SH		SOLE	NONE	1,130,404	0	0
PROTO LABS INC	COM	743713109	6,998	60,321	SH		SOLE	NONE	60,321	0	0
PURE STORAGE INC	CL A	74624M102	23,817	1,559,734	SH		SOLE	NONE	1,559,734	0	0
REALPAGE INC	COM	75606N109	8,573	145,669	SH		SOLE	NONE	145,669	0	0
ROYAL BANK CDA	COM	780087102	259	2,487	SH		SOLE	NONE	2,487	0	0
ROYCE OTC MICRO-CAP	COM	780915104	90	11,000	SH		SOLE	NONE	11,000	0	0
SEACOAST BKG CORP FL	COM NEW	811707801	7,358	289,224	SH		SOLE	NONE	289,224	0	0
SITEONE LANDSCAPE	COM	82982L103	25,007	360,850	SH		SOLE	NONE	360,850	0	0
STONERIDGE INC	COM	86183P102	28,239	895,050	SH		SOLE	NONE	895,050	0	0
TORONTO DOMINION BK	COM NEW	891160509	219	2,867	SH		SOLE	NONE	2,867	0	0
TUCOWS	COM NEW	898697206	22,082	288,409	SH		SOLE	NONE	288,409	0	0
TREX CO INC	COM	89531P105	16,582	231,270	SH		SOLE	NONE	231,270	0	0
UPLAND SOFTWARE	COM	91544A109	25,333	556,400	SH		SOLE	NONE	556,400	0	0
VOCERA COMMUNICATI	COM	92857F107	6,562	205,578	SH		SOLE	NONE	205,578	0	0
WESTPORT FUEL SYSTEM	COM NEW	960908309	20,086	5,657,950	SH		SOLE	NONE	5,657,950	0	0
WNS HOLDINGS LTD	SPON ADR	92932M101	19,793	334,333	SH		SOLE	NONE	334,333	0	0
WOODWARD INC	COM	980745103	17,710	156,504	SH		SOLE	NONE	156,504	0	0