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
ACCELRYS INC	COM	00430U103	2,622	210,400	SH		SOLE		210,400	0	0
ADOBE SYSTEMS	COM	00724F101	368	5,600	SH		SOLE		5,600	0	0
ISHARES BARCLAYS AGGREGATE	COM	464287226	1,609	14,911	SH		SOLE		14,911	0	0
ARGAN INC.	COM	04010E109	19,901	669,400	SH		SOLE		669,400	0	0
ALKERMES PLC	COM	G01767105	551	12,500	SH		SOLE		12,500	0	0
ANADARKO PETROLEUM CORPORATION	COM	032511107	598	7,054	SH		SOLE		7,054	0	0
ANTARES PHARMA INC.	COM	036642106	3,012	860,575	SH		SOLE		860,575	0	0
AMERICAN VANGUARD CORPORATION	COM	030371108	1,410	65,125	SH		SOLE		65,125	0	0
BALCHEM CORP	COM	057665200	6,884	132,072	SH		SOLE		132,072	0	0
BLACK DIAMOND INC.	COM	09202G101	22,832	1,866,913	SH		SOLE		1,866,913	0	0
POWERSHARES SENIOR LOAN PORTFOLIO	COM	73936Q769	779	31,412	SH		SOLE		31,412	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	609	11,723	SH		SOLE		11,723	0	0
BERKSHIRE HATHAWAY A	COM	084670108	4,122	22	SH		SOLE		22	0	0
BERKSHIRE HATHAWAY B	COM	084670207	2,104	16,835	SH		SOLE		16,835	0	0
BROWN & BROWN INC	COM	115236101	5,928	192,720	SH		SOLE		192,720	0	0
CELGENE CORPORATION	COM	151020104	1,382	9,900	SH		SOLE		9,900	0	0
CARLYLE GROUP	COM	14309L102	1,000	28,450	SH		SOLE		28,450	0	0
CORE LABORATORIES NV	COM	N22717107	5,941	29,940	SH		SOLE		29,940	0	0
CANTEL MEDICAL CORP	COM	138098108	292	8,650	SH		SOLE		8,650	0	0
CONCUR TECHNOLOGIES, INC.	COM	206708109	4,563	46,055	SH		SOLE		46,055	0	0
COOPER COMPANIES, INC	COM	216648402	7,985	58,135	SH		SOLE		58,135	0	0
COPART INC	COM	217204106	12,039	330,838	SH		SOLE		330,838	0	0
CARBO CERAMICS INC.	COM	140781105	3,493	25,312	SH		SOLE		25,312	0	0
COSTAR GROUP INC	COM	22160N109	9,252	49,545	SH		SOLE		49,545	0	0
CVS/CAREMARK CORPORATION	COM	126650100	374	5,000	SH		SOLE		5,000	0	0
CHEVRON CORPORATION	COM	166764100	389	3,270	SH		SOLE		3,270	0	0
DU PONT (E.I.) DE NEMOURS	COM	263534109	730	10,873	SH		SOLE		10,873	0	0
WISDOM TREE EMERGING MARKETS EQUITY INC.	COM	97717W315	6,405	130,531	SH		SOLE		130,531	0	0
DAILY JOURNAL CORP	COM	233912104	4,516	26,111	SH		SOLE		26,111	0	0
DORMAN PRODUCTS INC.	COM	258278100	7,002	118,564	SH		SOLE		118,564	0	0
DATAWATCH CORP	COM	237917208	271	10,000	SH		SOLE		10,000	0	0
ISHARES MSCI EAFE INDEX FUND	COM	464287465	2,277	33,886	SH		SOLE		33,886	0	0
ISHARES TR MSCI EAFE GROWTH INDEX FD	COM	464288885	11,602	163,521	SH		SOLE		163,521	0	0
ELECTRONICS FOR IMAGING, INC.	COM	286082102	15,469	357,175	SH		SOLE		357,175	0	0
ISHARES MSCI EAFE VALUE ETF	COM	464288877	11,766	204,349	SH		SOLE		204,349	0	0
ENVESTNET INC	COM	29404K106	4,490	111,750	SH		SOLE		111,750	0	0
BOTTOMLINE TECHNOLOGIES	COM	101388106	7,070	201,135	SH		SOLE		201,135	0	0
EPIQ SYSTEMS INC	COM	26882D109	1,424	104,500	SH		SOLE		104,500	0	0
EQUINIX INC	COM	29444U502	212	1,145	SH		SOLE		1,145	0	0
EATON VANCE MUNICIPAL INCOME	COM	27826U108	5,149	430,905	SH		SOLE		430,905	0	0
EATON VANCE PA MUNICIPAL INC.	COM	27826T101	229	19,070	SH		SOLE		19,070	0	0
EATON VANCE NY MUNICIPAL INC.	COM	27826W104	1,783	129,733	SH		SOLE		129,733	0	0
EXPEDITORS INTL	COM	302130109	880	22,200	SH		SOLE		22,200	0	0
ABERDEEN GLOBAL INCOME FUND, INC.	COM	003013109	772	71,142	SH		SOLE		71,142	0	0
FEI COMPANY	COM	30241L109	4,409	42,800	SH		SOLE		42,800	0	0
FRANCO-NEVADA CORP	COM	351858105	5,575	121,574	SH		SOLE		121,574	0	0
FOX FACTORY HOLDING CORP	COM	35138V102	2,074	109,750	SH		SOLE		109,750	0	0
GENERAL ELECTRIC COMPANY	COM	369604103	465	17,961	SH		SOLE		17,961	0	0
GEOSPACE TECHNOLOGIES CORP	COM	37364X109	1,667	25,200	SH		SOLE		25,200	0	0
GENERAL MILLS INC	COM	370334104	1,266	24,435	SH		SOLE		24,435	0	0
GOOGLE INC. CLASS A	COM	38259P508	513	460	SH		SOLE		460	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	11,465	394,543	SH		SOLE		394,543	0	0
HEWLETT-PACKARD COMPANY	COM	428236103	279	8,630	SH		SOLE		8,630	0	0
HERCULES TECHNOLOGY GROWTH CAPITAL INC.	COM	427096508	6,556	465,922	SH		SOLE		465,922	0	0
ADVISORSHARES PERITUS HIGH YIELD ETF	COM	00768Y503	9,453	179,707	SH		SOLE		179,707	0	0
INTERNATIONAL BUSINESS MACHINES CORP	COM	459200101	1,124	5,841	SH		SOLE		5,841	0	0
ISHARES BARCLAY 7-10 YEAR TREASURY BOND FUND	COM	464287440	1,586	15,586	SH		SOLE		15,586	0	0
IHS INC.	COM	451734107	13,093	107,761	SH		SOLE		107,761	0	0
INCYTE CORP	COM	45337C102	9,519	177,850	SH		SOLE		177,850	0	0
BROOKFIELD GLOBAL LISTED INFRASTRUCTURE INCOME FUN	COM	11273Q109	342	16,017	SH		SOLE		16,017	0	0
ISHARES S&P 500 VALUE ETF	COM	464287408	1,765	20,311	SH		SOLE		20,311	0	0
ISHARES S&P 500 GROWTH ETF	COM	464287309	1,677	16,798	SH		SOLE		16,798	0	0
JOHNSON & JOHNSON	COM	478160104	299	3,043	SH		SOLE		3,043	0	0
KELLOGG CO	COM	487836108	286	4,565	SH		SOLE		4,565	0	0
ISHARES MSCI USA ESG SELECT	COM	464288802	220	2,823	SH		SOLE		2,823	0	0
KINDER MORGAN HOLDCO LLC	COM	49456B101	5,903	181,700	SH		SOLE		181,700	0	0
KINDER MORGAN ENERGY PRTNRS	COM	494550106	1,745	23,600	SH		SOLE		23,600	0	0
KINDER MORGAN MANAGEMENT	COM	49455U100	1,757	24,512	SH		SOLE		24,512	0	0
COCA-COLA CO	COM	191216100	883	22,837	SH		SOLE		22,837	0	0
KRAFT FOODS GROUP INC.	COM	50076Q106	207	3,690	SH		SOLE		3,690	0	0
LITTELFUSE INC	COM	537008104	3,704	39,560	SH		SOLE		39,560	0	0
LIGAND PHARMACEUTICALS - CL B	COM	53220K504	9,797	145,641	SH		SOLE		145,641	0	0
LKQ CORP	COM	501889208	7,864	298,430	SH		SOLE		298,430	0	0
LIFELOCK, INC.	COM	53224V100	13,197	771,324	SH		SOLE		771,324	0	0
LIQUIDITY SERVICES	COM	53635B107	6,490	249,135	SH		SOLE		249,135	0	0
REMARK MEDIA INC.	COM	75954W107	1,559	282,894	SH		SOLE		282,894	0	0
MEDICINES COMPANY	COM	584688105	4,566	160,675	SH		SOLE		160,675	0	0
MONDELEZ INTERNATIONAL INC.	COM	609207105	397	11,490	SH		SOLE		11,490	0	0
MEDIDATA SOLUTIONS INC	COM	58471A105	3,099	57,025	SH		SOLE		57,025	0	0
MEASUREMENT SPECIALTIES, INC	COM	583421102	909	13,400	SH		SOLE		13,400	0	0
MARKETAXESS HOLDINGS INC	COM	57060D108	7,149	120,720	SH		SOLE		120,720	0	0
3M CO	COM	88579Y101	577	4,250	SH		SOLE		4,250	0	0
ALTRIA GROUP INC	COM	02209S103	1,263	33,751	SH		SOLE		33,751	0	0
MOVADO GROUP INC.	COM	624580106	4,145	91,000	SH		SOLE		91,000	0	0
ISHARES S&P NAT AMT-FREE MUN	COM	464288414	6,210	58,005	SH		SOLE		58,005	0	0
MAXIM INTEGRATED	COM	57772K101	566	17,100	SH		SOLE		17,100	0	0
NATIONAL AMERICAN UNIVERSITY HLDGS (FOUNDER SHS)	COM	63245Q105	2,208	582,899	SH		SOLE		582,899	0	0
NEW MOUNTAIN FINANCE CORP	COM	647551100	9,739	669,320	SH		SOLE		669,320	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,218	12,530	SH		SOLE		12,530	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	475	27,650	SH		SOLE		27,650	0	0
ORASURE TECHNOLOGIES INC.	COM	68554V108	4,667	585,550	SH		SOLE		585,550	0	0
PIMCO DYNAMIC CREDIT INCOME FUND	COM	72202D106	4,897	216,689	SH		SOLE		216,689	0	0
PEPSICO INC	COM	713448108	1,999	23,942	SH		SOLE		23,942	0	0
PFIZER INC	COM	717081103	236	7,358	SH		SOLE		7,358	0	0
PHILIP MORRIS INTERNATIONAL	COM	718172109	223	2,727	SH		SOLE		2,727	0	0
POPE RESOURCES LTD - LP	COM	732857107	894	12,970	SH		SOLE		12,970	0	0
PPG INDUSTRIES INC	COM	693506107	633	3,274	SH		SOLE		3,274	0	0
PROS HOLDINGS INC.	COM	74346Y103	7,165	227,400	SH		SOLE		227,400	0	0
POWERSHARES INS NATL MUN BND	COM	73936T474	7,483	310,222	SH		SOLE		310,222	0	0
RED HAT INC	COM	756577102	450	8,500	SH		SOLE		8,500	0	0
ROPER INDUSTRIES, INC	COM	776696106	2,672	20,010	SH		SOLE		20,010	0	0
SEACHANGE INT`L INC.	COM	811699107	7,720	739,450	SH		SOLE		739,450	0	0
SIGMA-ALDRICH CORPORATION	COM	826552101	215	2,300	SH		SOLE		2,300	0	0
SVB FINANCIAL GROUP	COM	78486Q101	13,973	108,504	SH		SOLE		108,504	0	0
SILVER WHEATON CORP	COM	828336107	2,928	128,970	SH		SOLE		128,970	0	0
INVENTURE FOODS, INC.	COM	461212102	5,403	386,477	SH		SOLE		386,477	0	0
SYNCHRONOSS TECHNOLOGIES INC.	COM	87157B103	3,957	115,400	SH		SOLE		115,400	0	0
SANOFI (ADR)	COM	80105N105	895	17,110	SH		SOLE		17,110	0	0
SPECTRUM PHARMACEUTICALS INC.	COM	84763A108	4,292	547,404	SH		SOLE		547,404	0	0
SPS COMMERCE INC	COM	78463M107	338	5,500	SH		SOLE		5,500	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	7,428	39,719	SH		SOLE		39,719	0	0
SCIQUEST INC	COM	80908T101	1,047	38,750	SH		SOLE		38,750	0	0
STERICYCLE INC	COM	858912108	724	6,370	SH		SOLE		6,370	0	0
STAMPS.COM INC.	COM	852857200	5,177	154,250	SH		SOLE		154,250	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	1,036	27,600	SH		SOLE		27,600	0	0
SYSCO CORPORATION	COM	871829107	1,078	29,847	SH		SOLE		29,847	0	0
AT&T	COM	00206R102	308	8,770	SH		SOLE		8,770	0	0
TASER INT`L INC.	COM	87651B104	13,709	749,550	SH		SOLE		749,550	0	0
TEVA PHARMACEUTICAL ADR	COM	881624209	645	12,200	SH		SOLE		12,200	0	0
T ROWE PRICE GROUP INC.	COM	74144T108	222	2,693	SH		SOLE		2,693	0	0
TUMI HOLDINGS, INC	COM	89969Q104	4,751	209,950	SH		SOLE		209,950	0	0
TYLER TECHNOLOGIES, INC	COM	902252105	1,686	20,150	SH		SOLE		20,150	0	0
CVR PARTNERS LP	COM	126633106	424	20,000	SH		SOLE		20,000	0	0
UDR INC.	COM	902653104	417	16,147	SH		SOLE		16,147	0	0
UNION PACIFIC CORP	COM	907818108	3,925	20,916	SH		SOLE		20,916	0	0
VICOR CORP	COM	925815102	2,792	273,724	SH		SOLE		273,724	0	0
VIASAT INC.	COM	92552V100	4,940	71,550	SH		SOLE		71,550	0	0
VANGUARD EXTENDED MARKET ETF	COM	922908652	8,477	99,754	SH		SOLE		99,754	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	322	6,770	SH		SOLE		6,770	0	0
WAGEWORKS INC.	COM	930427109	8,276	147,500	SH		SOLE		147,500	0	0
WISCONSIN ENERGY CORP	COM	976657106	1,307	28,084	SH		SOLE		28,084	0	0
WESTERN UNION	COM	959802109	230	14,035	SH		SOLE		14,035	0	0
EXXON MOBIL CORP	COM	30231G102	4,564	46,727	SH		SOLE		46,727	0	0
YORKVILLE HIGH INCOME MLP	COM	301505103	790	44,076	SH		SOLE		44,076	0	0