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
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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
3M CO	COM	88579Y101	685	4,886	SH		SOLE		4,886	0	0
ACCELRYS INC	COM	00430U103	4,400	461,200	SH		SOLE		461,200	0	0
ADOBE SYSTEMS	COM	00724F101	335	5,600	SH		SOLE		5,600	0	0
ALKERMES PLC	COM	G01767105	516	12,700	SH		SOLE		12,700	0	0
ALTRIA GROUP INC	COM	02209S103	1,296	33,751	SH		SOLE		33,751	0	0
AMERICAN VANGUARD CORPORATIO	COM	030371108	2,993	123,200	SH		SOLE		123,200	0	0
ANADARKO PETROLEUM CORPORATI N	COM	032511107	560	7,054	SH		SOLE		7,054	0	0
ANTARES PHARMA INC.	COM	036642106	3,797	849,150	SH		SOLE		849,150	0	0
ARGAN INC.	COM	04010E109	18,500	671,250	SH		SOLE		671,250	0	0
ASML HOLDING NV - NY REG SHS (	COM	N07059210	1,078	11,502	SH		SOLE		11,502	0	0
AT&T	COM	00206R102	308	8,770	SH		SOLE		8,770	0	0
BALCHEM CORP	COM	057665200	7,791	132,722	SH		SOLE		132,722	0	0
BERKSHIRE HATHAWAY A	COM	084670108	3,914	22	SH		SOLE		22	0	0
BERKSHIRE HATHAWAY B	COM	084670207	1,996	16,835	SH		SOLE		16,835	0	0
BLACK DIAMOND INC.	COM	09202G101	24,469	1,835,613	SH		SOLE		1,835,613	0	0
BOTTOMLINE TECHNOLOGIES	COM	101388106	6,606	182,685	SH		SOLE		182,685	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	623	11,723	SH		SOLE		11,723	0	0
BROWN & BROWN INC	COM	115236101	6,103	194,420	SH		SOLE		194,420	0	0
CANTEL MEDICAL CORP	COM	138098108	293	8,650	SH		SOLE		8,650	0	0
CARBO CERAMICS INC.	COM	140781105	3,238	27,787	SH		SOLE		27,787	0	0
CARLYLE GROUP	COM	14309L102	1,013	28,450	SH		SOLE		28,450	0	0
CELGENE CORPORATION	COM	151020104	1,673	9,900	SH		SOLE		9,900	0	0
CHEVRON CORPORATION	COM	166764100	408	3,270	SH		SOLE		3,270	0	0
COCA-COLA CO	COM	191216100	979	23,707	SH		SOLE		23,707	0	0
CONCUR TECHNOLOGIES, INC.	COM	206708109	4,801	46,530	SH		SOLE		46,530	0	0
COOPER COMPANIES, INC	COM	216648402	7,515	60,685	SH		SOLE		60,685	0	0
COPART INC	COM	217204106	12,145	331,388	SH		SOLE		331,388	0	0
CORE LABORATORIES NV	COM	N22717107	6,032	31,590	SH		SOLE		31,590	0	0
COSTAR GROUP INC	COM	22160N109	9,262	50,180	SH		SOLE		50,180	0	0
CVR PARTNERS LP	COM	126633106	329	20,000	SH		SOLE		20,000	0	0
CVS/CAREMARK CORPORATION	COM	126650100	358	5,000	SH		SOLE		5,000	0	0
DAILY JOURNAL CORP	COM	233912104	5,009	26,111	SH		SOLE		26,111	0	0
DORMAN PRODUCTS INC.	COM	258278100	7,171	127,964	SH		SOLE		127,964	0	0
DU PONT (E.I.) DE NEMOURS	COM	263534109	706	10,873	SH		SOLE		10,873	0	0
EATON VANCE MUNICIPAL INCOME	COM	27826U108	1,694	161,171	SH		SOLE		161,171	0	0
EATON VANCE NY MUNICIPAL INC	COM	27826W104	1,007	80,997	SH		SOLE		80,997	0	0
EATON VANCE PA MUNICIPAL INC	COM	27826T101	112	10,083	SH		SOLE		10,083	0	0
ELECTRONICS FOR IMAGING, INC	COM	286082102	13,648	352,400	SH		SOLE		352,400	0	0
ENVESTNET INC	COM	29404K106	5,031	124,850	SH		SOLE		124,850	0	0
EPIQ SYSTEMS INC	COM	26882D109	2,764	170,950	SH		SOLE		170,950	0	0
EQUINIX INC	COM	29444U502	203	1,145	SH		SOLE		1,145	0	0
EXPEDITORS INTL	COM	302130109	982	22,200	SH		SOLE		22,200	0	0
EXXON MOBIL CORP	COM	30231G102	4,729	46,727	SH		SOLE		46,727	0	0
FEI COMPANY	COM	30241L109	3,825	42,800	SH		SOLE		42,800	0	0
FRANCO-NEVADA CORP	COM	351858105	4,118	101,074	SH		SOLE		101,074	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	508	18,113	SH		SOLE		18,113	0	0
GENERAL MILLS INC	COM	370334104	1,416	28,374	SH		SOLE		28,374	0	0
GEOSPACE TECHNOLOGIES CORP	COM	37364X109	2,385	25,200	SH		SOLE		25,200	0	0
GLOBAL X FTSE COLOMBIA 20	COM	37950E200	4,606	253,790	SH		SOLE		253,790	0	0
GOOGLE INC. CLASS A	COM	38259P508	516	460	SH		SOLE		460	0	0
HALLIBURTON CO	COM	406216101	216	4,263	SH		SOLE		4,263	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	11,874	418,543	SH		SOLE		418,543	0	0
HERCULES TECHNOLOGY GROWTH C P	COM	427096508	7,735	471,644	SH		SOLE		471,644	0	0
HEWLETT-PACKARD COMPANY	COM	428236103	241	8,630	SH		SOLE		8,630	0	0
IHS INC.	COM	451734107	12,953	108,211	SH		SOLE		108,211	0	0
INCYTE CORP	COM	45337C102	11,602	229,160	SH		SOLE		229,160	0	0
INTERNATIONAL BUSINESS MACHI E	COM	459200101	1,096	5,841	SH		SOLE		5,841	0	0
INVENTURE FOODS, INC.	COM	461212102	5,533	417,291	SH		SOLE		417,291	0	0
ISHARES MSCI EAFE INDEX FUND	COM	464287465	2,738	40,808	SH		SOLE		40,808	0	0
ISHARES MSCI EAFE VALUE ETF	COM	464288877	15,300	267,484	SH		SOLE		267,484	0	0
ISHARES S&P 500 GROWTH ETF	COM	464287309	2,099	21,256	SH		SOLE		21,256	0	0
ISHARES S&P 500 VALUE ETF	COM	464287408	3,191	37,340	SH		SOLE		37,340	0	0
ISHARES S&P NAT AMT-FREE MUN	COM	464288414	2,723	26,245	SH		SOLE		26,245	0	0
ISHARES SELECT DIVIDEND ETF	COM	464287168	321	4,498	SH		SOLE		4,498	0	0
ISHARES TR MSCI EAFE GROWTH N	COM	464288885	15,096	211,187	SH		SOLE		211,187	0	0
JOHNSON & JOHNSON	COM	478160104	279	3,043	SH		SOLE		3,043	0	0
KELLOGG CO	COM	487836108	279	4,565	SH		SOLE		4,565	0	0
KINDER MORGAN ENERGY PRTNRS	COM	494550106	3,501	43,400	SH		SOLE		43,400	0	0
KINDER MORGAN HOLDCO LLC	COM	49456B101	2,779	77,200	SH		SOLE		77,200	0	0
KINDER MORGAN MANAGEMENT	COM	49455U100	4,440	58,679	SH		SOLE		58,679	0	0
LIFELOCK, INC.	COM	53224V100	13,574	827,199	SH		SOLE		827,199	0	0
LIGAND PHARMACEUTICALS - CL	COM	53220K504	11,321	215,223	SH		SOLE		215,223	0	0
LIQUIDITY SERVICES	COM	53635B107	5,351	236,135	SH		SOLE		236,135	0	0
LITTELFUSE INC	COM	537008104	3,686	39,660	SH		SOLE		39,660	0	0
LKQ CORP	COM	501889208	9,929	301,780	SH		SOLE		301,780	0	0
MARKETAXESS HOLDINGS INC	COM	57060D108	8,384	125,270	SH		SOLE		125,270	0	0
MAXIM INTEGRATED	COM	57772K101	477	17,100	SH		SOLE		17,100	0	0
MEASUREMENT SPECIALTIES, INC	COM	583421102	813	13,400	SH		SOLE		13,400	0	0
MEDICINES COMPANY	COM	584688105	2,388	61,831	SH		SOLE		61,831	0	0
MEDIDATA SOLUTIONS INC	COM	58471A105	3,769	62,300	SH		SOLE		62,300	0	0
MONDELEZ INTERNATIONAL INC.	COM	609207105	406	11,490	SH		SOLE		11,490	0	0
MOVADO GROUP INC.	COM	624580106	3,316	75,350	SH		SOLE		75,350	0	0
NATIONAL AMERICAN UNIVERSITY H	COM	63245Q105	1,508	430,899	SH		SOLE		430,899	0	0
NATIONAL AMERICAN UNIVERSITY H	COM	63245Q105	479	152,000	SH		SOLE		152,000	0	0
NEW MOUNTAIN FINANCE CORP	COM	647551100	10,118	672,770	SH		SOLE		672,770	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,217	13,112	SH		SOLE		13,112	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	517	34,000	SH		SOLE		34,000	0	0
ORASURE TECHNOLOGIES INC.	COM	68554V108	3,700	588,300	SH		SOLE		588,300	0	0
PEPSICO INC	COM	713448108	2,036	24,552	SH		SOLE		24,552	0	0
PFIZER INC	COM	717081103	225	7,358	SH		SOLE		7,358	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	294	3,373	SH		SOLE		3,373	0	0
POPE RESOURCES LTD - LP	COM	732857107	869	12,970	SH		SOLE		12,970	0	0
POWERSHARES INS NATL MUN BND	COM	73936T474	942	41,014	SH		SOLE		41,014	0	0
POWERSHARES SENIOR LOAN PORT O	COM	73936Q769	569	22,885	SH		SOLE		22,885	0	0
PPG INDUSTRIES INC	COM	693506107	1,319	6,953	SH		SOLE		6,953	0	0
PROS HOLDINGS INC.	COM	74346Y103	9,109	228,300	SH		SOLE		228,300	0	0
RED HAT INC	COM	756577102	476	8,500	SH		SOLE		8,500	0	0
REMARK MEDIA INC.	COM	75954W107	1,318	282,894	SH		SOLE		282,894	0	0
ROPER INDUSTRIES, INC	COM	776696106	2,775	20,010	SH		SOLE		20,010	0	0
SANOFI (ADR)	COM	80105N105	918	17,110	SH		SOLE		17,110	0	0
SANTARUS INC.	COM	802817304	8,489	265,600	SH		SOLE		265,600	0	0
SCIQUEST INC	COM	80908T101	1,104	38,750	SH		SOLE		38,750	0	0
SEACHANGE INT`L INC.	COM	811699107	9,155	752,850	SH		SOLE		752,850	0	0
SIGMA-ALDRICH CORPORATION	COM	826552101	338	3,600	SH		SOLE		3,600	0	0
SILVER WHEATON CORP	COM	828336107	2,613	129,420	SH		SOLE		129,420	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	788	27,600	SH		SOLE		27,600	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	8,440	45,698	SH		SOLE		45,698	0	0
SPS COMMERCE INC	COM	78463M107	359	5,500	SH		SOLE		5,500	0	0
STAMPS.COM INC.	COM	852857200	6,736	160,000	SH		SOLE		160,000	0	0
STERICYCLE INC	COM	858912108	740	6,370	SH		SOLE		6,370	0	0
SVB FINANCIAL GROUP	COM	78486Q101	12,746	121,556	SH		SOLE		121,556	0	0
SYSCO CORPORATION	COM	871829107	1,202	33,304	SH		SOLE		33,304	0	0
T ROWE PRICE GROUP INC.	COM	74144T108	226	2,693	SH		SOLE		2,693	0	0
TASER INT`L INC.	COM	87651B104	12,829	807,850	SH		SOLE		807,850	0	0
TILE SHOP HOLDINGS INC	COM	88677Q109	731	40,450	SH		SOLE		40,450	0	0
TUMI HOLDINGS, INC	COM	89969Q104	4,747	210,500	SH		SOLE		210,500	0	0
TYLER TECHNOLOGIES, INC	COM	902252105	2,058	20,150	SH		SOLE		20,150	0	0
UDR INC.	COM	902653104	377	16,147	SH		SOLE		16,147	0	0
UNION PACIFIC CORP	COM	907818108	3,514	20,916	SH		SOLE		20,916	0	0
VANGUARD EXTENDED MARKET ETF	COM	922908652	6,916	83,623	SH		SOLE		83,623	0	0
VANGUARD REIT ETF	COM	922908553	2,045	31,679	SH		SOLE		31,679	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	333	6,770	SH		SOLE		6,770	0	0
VIASAT INC.	COM	92552V100	4,495	71,750	SH		SOLE		71,750	0	0
VICOR CORP	COM	925815102	3,475	258,924	SH		SOLE		258,924	0	0
WAGEWORKS INC.	COM	930427109	10,765	181,100	SH		SOLE		181,100	0	0
WESTERN UNION	COM	959802109	242	14,035	SH		SOLE		14,035	0	0
WISCONSIN ENERGY CORP	COM	976657106	1,161	28,084	SH		SOLE		28,084	0	0
WISDOM TREE EMERGING MARKETS E	COM	97717W315	10,480	205,363	SH		SOLE		205,363	0	0
YORKVILLE HIGH INCOME MLP	COM	301505103	7,633	413,911	SH		SOLE		413,911	0	0