Ashford Capital 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
ACCELRYS INC	COM	00430U103	4,573	464,700	SH		SOLE		464,700	0	0
ADOBE SYSTEMS	COM	00724F101	291	5,600	SH		SOLE		5,600	0	0
ARGAN INC.	COM	04010E112	13,994	636,950	SH		SOLE		636,950	0	0
ALKERMES PLC	COM	G01767105	427	12,700	SH		SOLE		12,700	0	0
ANADARKO PETROLEUM CORPORATI N	COM	032511107	656	7,054	SH		SOLE		7,054	0	0
ASML HOLDING NV - NY REG SHS (	COM	N07059210	1,136	11,502	SH		SOLE		11,502	0	0
ANTARES PHARMA INC.	COM	036642106	729	179,500	SH		SOLE		179,500	0	0
AMERICAN VANGUARD CORPORATIO	COM	030371108	7,169	266,308	SH		SOLE		266,308	0	0
BALCHEM CORP	COM	057665200	7,360	142,222	SH		SOLE		142,222	0	0
BLACK DIAMOND INC.	COM	09202G101	22,468	1,847,663	SH		SOLE		1,847,663	0	0
POWERSHARES SENIOR LOAN PORT O	COM	73936Q769	768	31,131	SH		SOLE		31,131	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	543	11,723	SH		SOLE		11,723	0	0
BERKSHIRE HATHAWAY A	COM	084670108	3,749	22	SH		SOLE		22	0	0
BERKSHIRE HATHAWAY B	COM	084670207	1,911	16,835	SH		SOLE		16,835	0	0
BROWN & BROWN INC	COM	115236101	6,353	197,920	SH		SOLE		197,920	0	0
CELGENE CORPORATION	COM	151020104	1,526	9,900	SH		SOLE		9,900	0	0
CEVA, INC.	COM	157210105	229	13,300	SH		SOLE		13,300	0	0
CARLYLE GROUP	COM	14309L102	732	28,450	SH		SOLE		28,450	0	0
CORE LABORATORIES NV	COM	N22717107	6,124	36,190	SH		SOLE		36,190	0	0
CANTEL MEDICAL CORP	COM	138098108	276	8,650	SH		SOLE		8,650	0	0
CONCUR TECHNOLOGIES, INC.	COM	206708109	5,142	46,530	SH		SOLE		46,530	0	0
COOPER COMPANIES, INC	COM	216648402	7,844	60,485	SH		SOLE		60,485	0	0
COPART INC	COM	217204106	10,128	318,588	SH		SOLE		318,588	0	0
CARBO CERAMICS INC.	COM	140781105	2,754	27,787	SH		SOLE		27,787	0	0
COSTAR GROUP INC	COM	22160N109	8,535	50,830	SH		SOLE		50,830	0	0
CVS/CAREMARK CORPORATION	COM	126650100	284	5,000	SH		SOLE		5,000	0	0
CHEVRON CORPORATION	COM	166764100	397	3,270	SH		SOLE		3,270	0	0
DU PONT (E.I.) DE NEMOURS	COM	263534109	637	10,873	SH		SOLE		10,873	0	0
WISDOM TREE EMERGING MARKETS E	COM	97717W315	9,731	188,252	SH		SOLE		188,252	0	0
DAILY JOURNAL CORP	COM	233912104	3,838	26,111	SH		SOLE		26,111	0	0
DORMAN PRODUCTS INC.	COM	258278100	6,722	135,664	SH		SOLE		135,664	0	0
ISHARES SELECT DIVIDEND ETF	COM	464287168	1,124	16,948	SH		SOLE		16,948	0	0
ISHARES MSCI EAFE INDEX FUND	COM	464287465	754	11,811	SH		SOLE		11,811	0	0
ISHARES TR MSCI EAFE GROWTH N	COM	464288885	11,690	171,584	SH		SOLE		171,584	0	0
ELECTRONICS FOR IMAGING, INC	COM	286082102	11,234	354,600	SH		SOLE		354,600	0	0
ISHARES MSCI EAFE VALUE ETF	COM	464288877	12,740	234,139	SH		SOLE		234,139	0	0
ELLIE MAE INC	COM	28849P100	2,140	66,850	SH		SOLE		66,850	0	0
ENVESTNET INC	COM	29404K106	3,870	124,850	SH		SOLE		124,850	0	0
BOTTOMLINE TECHNOLOGIES	COM	101388106	5,065	181,685	SH		SOLE		181,685	0	0
EPIQ SYSTEMS INC	COM	26882D109	2,466	186,950	SH		SOLE		186,950	0	0
EQUINIX INC	COM	29444U502	595	3,239	SH		SOLE		3,239	0	0
EXPEDITORS INTL	COM	302130109	978	22,200	SH		SOLE		22,200	0	0
FEI COMPANY	COM	30241L109	4,513	51,400	SH		SOLE		51,400	0	0
FRANCO-NEVADA CORP	COM	351858105	3,674	81,174	SH		SOLE		81,174	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	433	18,113	SH		SOLE		18,113	0	0
GEOSPACE TECHNOLOGIES CORP	COM	37364X109	2,208	26,200	SH		SOLE		26,200	0	0
GENERAL MILLS INC	COM	370334104	1,360	28,374	SH		SOLE		28,374	0	0
GOOGLE INC. CLASS A	COM	38259P508	403	460	SH		SOLE		460	0	0
GLOBAL X FTSE COLOMBIA 20	COM	37950E200	4,651	228,782	SH		SOLE		228,782	0	0
HALLIBURTON CO	COM	406216101	205	4,263	SH		SOLE		4,263	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	10,843	420,943	SH		SOLE		420,943	0	0
HERCULES TECHNOLOGY GROWTH C P	COM	427096508	7,231	474,144	SH		SOLE		474,144	0	0
IAC/INTERACTIVE CORPORATION	COM	44919P508	2,209	40,400	SH		SOLE		40,400	0	0
INTERNATIONAL BUSINESS MACHI E	COM	459200101	1,137	6,141	SH		SOLE		6,141	0	0
IHS INC.	COM	451734107	12,424	108,811	SH		SOLE		108,811	0	0
INCYTE CORP	COM	45337C102	8,773	229,960	SH		SOLE		229,960	0	0
ISHARES S&P 500 VALUE ETF	COM	464287408	3,805	48,589	SH		SOLE		48,589	0	0
ISHARES S&P 500 GROWTH ETF	COM	464287309	1,960	21,934	SH		SOLE		21,934	0	0
JOHNSON & JOHNSON	COM	478160104	264	3,043	SH		SOLE		3,043	0	0
KELLOGG CO	COM	487836108	268	4,565	SH		SOLE		4,565	0	0
KINDER MORGAN HOLDCO LLC	COM	49456B101	2,782	78,200	SH		SOLE		78,200	0	0
KINDER MORGAN ENERGY PRTNRS	COM	494550106	4,447	55,700	SH		SOLE		55,700	0	0
KINDER MORGAN MANAGEMENT	COM	49455U100	4,414	58,879	SH		SOLE		58,879	0	0
COCA-COLA CO	COM	191216100	898	23,707	SH		SOLE		23,707	0	0
LITTELFUSE INC	COM	537008104	3,102	39,660	SH		SOLE		39,660	0	0
LIGAND PHARMACEUTICALS - CL	COM	53220K504	9,734	224,904	SH		SOLE		224,904	0	0
LKQ CORP	COM	501889208	9,618	301,780	SH		SOLE		301,780	0	0
LIFELOCK, INC.	COM	53224V100	12,327	831,199	SH		SOLE		831,199	0	0
LIQUIDITY SERVICES	COM	53635B107	8,949	267,135	SH		SOLE		267,135	0	0
REMARK MEDIA INC.	COM	75954W107	1,067	282,894	SH		SOLE		282,894	0	0
MONDELEZ INTERNATIONAL INC.	COM	609207105	361	11,490	SH		SOLE		11,490	0	0
MEDIDATA SOLUTIONS INC	COM	58471A105	3,463	35,000	SH		SOLE		35,000	0	0
MEASUREMENT SPECIALTIES, INC	COM	583421102	727	13,400	SH		SOLE		13,400	0	0
MARKETAXESS HOLDINGS INC	COM	57060D108	7,516	125,370	SH		SOLE		125,370	0	0
3M CO	COM	88579Y101	593	4,962	SH		SOLE		4,962	0	0
ALTRIA GROUP INC	COM	02209S103	1,159	33,751	SH		SOLE		33,751	0	0
MOVADO GROUP INC.	COM	624580106	3,297	75,350	SH		SOLE		75,350	0	0
ISHARES S&P NAT AMT-FREE MUN	COM	464288414	2,775	26,555	SH		SOLE		26,555	0	0
MAXIM INTEGRATED	COM	57772K101	510	17,100	SH		SOLE		17,100	0	0
NATIONAL AMERICAN UNIVERSITY H	COM	63245Q105	1,533	446,899	SH		SOLE		446,899	0	0
NATIONAL AMERICAN UNIVERSITY H	COM	63245Q105	469	152,000	SH		SOLE		152,000	0	0
NEW MOUNTAIN FINANCE CORP	COM	647551100	9,767	677,770	SH		SOLE		677,770	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,014	13,112	SH		SOLE		13,112	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	901	48,250	SH		SOLE		48,250	0	0
ONYX PHARMACEUTICALS INC.	COM	683399109	3,186	25,550	SH		SOLE		25,550	0	0
ORASURE TECHNOLOGIES INC.	COM	68554V108	5,048	839,900	SH		SOLE		839,900	0	0
PEPSICO INC	COM	713448108	1,952	24,552	SH		SOLE		24,552	0	0
PFIZER INC	COM	717081103	211	7,358	SH		SOLE		7,358	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	292	3,373	SH		SOLE		3,373	0	0
POPE RESOURCES LTD - LP	COM	732857107	641	9,470	SH		SOLE		9,470	0	0
PPG INDUSTRIES INC	COM	693506107	1,162	6,953	SH		SOLE		6,953	0	0
PROS HOLDINGS INC.	COM	74346Y103	8,028	234,800	SH		SOLE		234,800	0	0
POWERSHARES INS NATL MUN BND	COM	73936T474	3,103	134,513	SH		SOLE		134,513	0	0
RED HAT INC	COM	756577102	392	8,500	SH		SOLE		8,500	0	0
ROPER INDUSTRIES, INC	COM	776696106	2,659	20,010	SH		SOLE		20,010	0	0
PROSHARES SHORT RUSSELL2000	COM	74347R826	185	10,000	SH		SOLE		10,000	0	0
SAEXPLORATION HOLDINGS, INC.	COM	78636X105	95	10,000	SH		SOLE		10,000	0	0
SEACHANGE INT`L INC.	COM	811699107	8,580	748,050	SH		SOLE		748,050	0	0
SIGMA-ALDRICH CORPORATION	COM	826552101	307	3,600	SH		SOLE		3,600	0	0
SVB FINANCIAL GROUP	COM	78486Q101	10,663	123,456	SH		SOLE		123,456	0	0
SILVER WHEATON CORP	COM	828336107	3,280	132,420	SH		SOLE		132,420	0	0
INVENTURE FOODS, INC.	COM	461212102	4,382	417,291	SH		SOLE		417,291	0	0
SANTARUS INC.	COM	802817304	10,326	457,100	SH		SOLE		457,100	0	0
SANOFI (ADR)	COM	80105N105	866	17,110	SH		SOLE		17,110	0	0
SPS COMMERCE INC	COM	78463M107	368	5,500	SH		SOLE		5,500	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	7,060	42,024	SH		SOLE		42,024	0	0
SCIQUEST INC	COM	80908T101	870	38,750	SH		SOLE		38,750	0	0
STERICYCLE INC	COM	858912108	735	6,370	SH		SOLE		6,370	0	0
STAMPS.COM INC.	COM	852857200	7,487	163,000	SH		SOLE		163,000	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	1,075	43,274	SH		SOLE		43,274	0	0
SYSCO CORPORATION	COM	871829107	1,060	33,304	SH		SOLE		33,304	0	0
AT&T	COM	00206R102	297	8,770	SH		SOLE		8,770	0	0
TASER INT`L INC.	COM	87651B104	12,440	836,000	SH		SOLE		836,000	0	0
TILE SHOP HOLDINGS INC	COM	88677Q109	1,822	61,800	SH		SOLE		61,800	0	0
TUMI HOLDINGS, INC	COM	89969Q104	3,224	160,000	SH		SOLE		160,000	0	0
TYLER TECHNOLOGIES, INC	COM	902252105	1,763	20,150	SH		SOLE		20,150	0	0
CVR PARTNERS LP	COM	126633106	354	20,000	SH		SOLE		20,000	0	0
UDR INC.	COM	902653104	383	16,147	SH		SOLE		16,147	0	0
UNION PACIFIC CORP	COM	907818108	3,249	20,916	SH		SOLE		20,916	0	0
VICOR CORP	COM	925815102	123	15,000	SH		SOLE		15,000	0	0
VANGUARD REIT ETF	COM	922908553	2,095	31,679	SH		SOLE		31,679	0	0
VIASAT INC.	COM	92552V100	4,948	77,750	SH		SOLE		77,750	0	0
VANGUARD EXTENDED MARKET ETF	COM	922908652	6,916	89,672	SH		SOLE		89,672	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	316	6,770	SH		SOLE		6,770	0	0
WAGEWORKS INC.	COM	930427109	9,442	187,150	SH		SOLE		187,150	0	0
WISCONSIN ENERGY CORP	COM	976657106	1,134	28,084	SH		SOLE		28,084	0	0
WESTERN UNION	COM	959802109	262	14,035	SH		SOLE		14,035	0	0
EXXON MOBIL CORP	COM	30231G102	4,043	46,985	SH		SOLE		46,985	0	0
IPATH S&P 500 DYNAMIC VIX ET	COM	06741L609	3,910	100,757	SH		SOLE		100,757	0	0
YORKVILLE HIGH INCOME MLP	COM	301505103	14,250	780,807	SH		SOLE		780,807	0	0