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
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
ABBOTT LABORATORIES	COM	002824100	233	2,124	SH		SOLE	0	2,124	0	0
ADOBE SYSTEMS	COM	00724F101	4,734	9,466	SH		SOLE	0	9,466	0	0
ALPHABET INC - CL C	COM	38259P706	543	310	SH		SOLE	0	310	0	0
ALPHABET INC. CLASS A	COM	38259P508	894	510	SH		SOLE	0	510	0	0
AMAZON	COM	023135106	2,684	824	SH		SOLE	0	824	0	0
APPIAN CORP	COM	03782L101	9,745	60,120	SH		SOLE	0	60,120	0	0
APPLE, INC.	COM	037833100	1,161	8,750	SH		SOLE	0	8,750	0	0
ARGAN INC.	COM	04010E109	43,833	985,240	SH		SOLE	0	985,240	0	0
AT&T	COM	00206R102	256	8,890	SH		SOLE	0	8,890	0	0
AXON ENTERPRISE, INC.	COM	05464C101	36,680	299,357	SH		SOLE	0	299,357	0	0
BALCHEM CORP	COM	057665200	760	6,600	SH		SOLE	0	6,600	0	0
BALLYS CORPORATION	COM	05875B106	553	11,000	SH		SOLE	0	11,000	0	0
BARRICK GOLD CORP	COM	067901108	1,253	55,000	SH		SOLE	0	55,000	0	0
BERKSHIRE HATHAWAY A	COM	084670108	7,652	22	SH		SOLE	0	22	0	0
BERKSHIRE HATHAWAY B	COM	084670702	1,794	7,737	SH		SOLE	0	7,737	0	0
BIO-TECHNE CORP	COM	09073M104	696	2,191	SH		SOLE	0	2,191	0	0
BLACKSTONE GROUP	COM	09260D107	506	7,800	SH		SOLE	0	7,800	0	0
BROOKFIELD REAL ASSETS INCOME FUND INC	COM	112830104	189	10,622	SH		SOLE	0	10,622	0	0
BROWN & BROWN INC	COM	115236101	664	14,000	SH		SOLE	0	14,000	0	0
CANADIAN SOLAR INC	COM	136635109	348	6,800	SH		SOLE	0	6,800	0	0
CANTEL MEDICAL CORP	COM	138098108	645	8,180	SH		SOLE	0	8,180	0	0
CAVCO INDUSTRIES, INC.	COM	149568107	11,939	68,047	SH		SOLE	0	68,047	0	0
CHEGG INC.	COM	163092109	44,256	489,935	SH		SOLE	0	489,935	0	0
CHEVRON CORPORATION	COM	166764100	262	3,105	SH		SOLE	0	3,105	0	0
COCA-COLA CO	COM	191216100	1,065	19,428	SH		SOLE	0	19,428	0	0
CONSUMER STAPLES SELECT SECTOR SPDR FUND	COM	81369Y308	1,418	21,023	SH		SOLE	0	21,023	0	0
COPART INC	COM	217204106	24,734	194,376	SH		SOLE	0	194,376	0	0
CORNING INC	COM	219350105	293	8,136	SH		SOLE	0	8,136	0	0
COSTAR GROUP INC	COM	22160N109	26,897	29,100	SH		SOLE	0	29,100	0	0
DANAHER CORPORATION	COM	235851102	1,415	6,369	SH		SOLE	0	6,369	0	0
EQUINIX INC	COM	29444U700	8,161	11,427	SH		SOLE	0	11,427	0	0
EXXON MOBIL CORP	COM	30231G102	870	21,109	SH		SOLE	0	21,109	0	0
FIVE BELOW, INC.	COM	33829M101	978	5,592	SH		SOLE	0	5,592	0	0
FIVERR, INC.	COM	M4R82T106	33,574	172,085	SH		SOLE	0	172,085	0	0
FRANCO-NEVADA CORP	COM	351858105	13,245	105,683	SH		SOLE	0	105,683	0	0
GAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRU	COM	36465A109	544	155,000	SH		SOLE	0	155,000	0	0
GLOBAL PAYMENTS INC	COM	37940X102	1,178	5,468	SH		SOLE	0	5,468	0	0
GLOBAL X TELEMEDICINE & DIGITAL HEALTH ETF	COM	37954Y285	1,582	82,046	SH		SOLE	0	82,046	0	0
GOOSEHEAD INSURANCE INC-CL A	COM	38267D109	20,113	161,210	SH		SOLE	0	161,210	0	0
GREAT LAKES DREDGE & DOCK CO	COM	390607109	43,495	3,302,605	SH		SOLE	0	3,302,605	0	0
HARMONY BIOSCIENCES HOLDINGS	COM	413197104	9,867	272,950	SH		SOLE	0	272,950	0	0
HEALTH CATALYST, INC.	COM	42225T107	20,269	465,622	SH		SOLE	0	465,622	0	0
HEALTHEQUITY, INC.	COM	42226A107	22,291	319,773	SH		SOLE	0	319,773	0	0
HOME DEPOT INC	COM	437076102	243	916	SH		SOLE	0	916	0	0
IHS MARKIT LTD	COM	G47567105	1,488	16,563	SH		SOLE	0	16,563	0	0
ILLUMINA INC	COM	452327109	266	720	SH		SOLE	0	720	0	0
INCYTE CORP	COM	45337C102	29,052	334,009	SH		SOLE	0	334,009	0	0
INVESCO QQQ TRUST SERIES 1	COM	46090E103	5,724	18,244	SH		SOLE	0	18,244	0	0
INVESCO S&P 500 LOW VOLATILITY ETF	COM	46138E354	6,893	122,577	SH		SOLE	0	122,577	0	0
INVESCO S&P SMALL CAP LOW VOLATILITY ETF	COM	46138G102	3,620	88,851	SH		SOLE	0	88,851	0	0
ISHARES CORE MSCI EUROPE ETF	COM	46434V738	3,687	71,897	SH		SOLE	0	71,897	0	0
ISHARES EDGE MSCI MIN VOL EAFE ETF	COM	46429B689	3,128	42,610	SH		SOLE	0	42,610	0	0
ISHARES GLOBAL CLEAN ENERGY ETF	COM	464288224	1,004	35,565	SH		SOLE	0	35,565	0	0
ISHARES MSCI EMERGING MARKETS MINIMUM VOLATILITY E	COM	464286533	209	3,415	SH		SOLE	0	3,415	0	0
ISHARES RUSSELL 1000 GROWTH INDEX FUND	COM	464287614	715	2,965	SH		SOLE	0	2,965	0	0
ISHARES S&P 600 SMALL CAP INDEX	COM	464287804	441	4,798	SH		SOLE	0	4,798	0	0
JOHNSON & JOHNSON	COM	478160104	346	2,200	SH		SOLE	0	2,200	0	0
KINDER MORGAN HOLDCO LLC	COM	49456B101	581	42,502	SH		SOLE	0	42,502	0	0
KINGSOFT CLOUD HOLDINGS - ADR	COM	49639K101	305	7,000	SH		SOLE	0	7,000	0	0
KINSALE CAPITAL GROUP INC.	COM	49714P108	14,884	74,370	SH		SOLE	0	74,370	0	0
LIGAND PHARMACEUTICALS - CL B	COM	53220K504	521	5,240	SH		SOLE	0	5,240	0	0
LIMONEIRA CO.	COM	532746104	4,871	292,570	SH		SOLE	0	292,570	0	0
MAGNITE INC	COM	55955D100	37,969	1,236,369	SH		SOLE	0	1,236,369	0	0
MARKETAXESS HOLDINGS INC	COM	57060D108	28,980	50,792	SH		SOLE	0	50,792	0	0
MAXIM INTEGRATED	COM	57772K101	355	4,000	SH		SOLE	0	4,000	0	0
MERCADO LIBRE	COM	58733R102	670	400	SH		SOLE	0	400	0	0
MERCK & CO	COM	58933Y105	393	4,800	SH		SOLE	0	4,800	0	0
MICROSOFT CORPORATION	COM	594918104	3,126	14,053	SH		SOLE	0	14,053	0	0
MOLINA HEALTHCARE INC.	COM	60855R100	1,818	8,549	SH		SOLE	0	8,549	0	0
MORNINGSTAR INC	COM	617700109	905	3,908	SH		SOLE	0	3,908	0	0
NORTONLIFELOCK INC	COM	668771108	797	38,334	SH		SOLE	0	38,334	0	0
NV5 GLOBAL, INC.	COM	62945V109	27,511	349,210	SH		SOLE	0	349,210	0	0
OPORTUN FINANCIAL CORP	COM	68376D104	23,292	1,202,490	SH		SOLE	0	1,202,490	0	0
PLURALSIGHT INC	COM	72941B106	19,875	948,220	SH		SOLE	0	948,220	0	0
PROOFPOINT INC	COM	743424103	19,693	144,366	SH		SOLE	0	144,366	0	0
PUREFUNDS ISE CYBER SECURITY ETF	COM	26924G201	4,202	73,009	SH		SOLE	0	73,009	0	0
Q2 HOLDINGS, INC.	COM	74736L109	23,802	188,110	SH		SOLE	0	188,110	0	0
QUANTERIX CORP	COM	74766Q101	21,693	466,513	SH		SOLE	0	466,513	0	0
REGENERON PHARMACEUTICALS INC	COM	75886F107	1,200	2,484	SH		SOLE	0	2,484	0	0
ROPER TECHNOLOGIES, INC	COM	776696106	3,308	7,673	SH		SOLE	0	7,673	0	0
SHOPIFY, INC. - CLASS A	COM	82509L107	18,558	16,395	SH		SOLE	0	16,395	0	0
SINCLAIR BROADCAST GROUP -A	COM	829226109	1,720	54,000	SH		SOLE	0	54,000	0	0
SMARTSHEET INC - CL A	COM	83200N103	22,737	328,140	SH		SOLE	0	328,140	0	0
SPDR EURO STOXX 50 FUND	COM	78463X202	2,456	58,873	SH		SOLE	0	58,873	0	0
SPDR S&P 500 ETF TRUST	COM	78462F103	2,718	7,271	SH		SOLE	0	7,271	0	0
SPDR S&P MIDCAP 400 ETF TRUST	COM	78467Y107	311	740	SH		SOLE	0	740	0	0
SUPERNUS PHARMACEUTICALS INC.	COM	868459108	30,739	1,221,751	SH		SOLE	0	1,221,751	0	0
SVB FINANCIAL GROUP	COM	78486Q101	2,531	6,525	SH		SOLE	0	6,525	0	0
T ROWE PRICE GROUP INC.	COM	74144T108	297	1,959	SH		SOLE	0	1,959	0	0
TELADOC, INC.	COM	87918A105	24,309	121,567	SH		SOLE	0	121,567	0	0
TERADYNE INC.	COM	880770102	1,274	10,627	SH		SOLE	0	10,627	0	0
THE TRADE DESK - CL A	COM	88339J105	26,024	32,490	SH		SOLE	0	32,490	0	0
TWILIO INC. - CLASS A	COM	90138F102	30,914	91,325	SH		SOLE	0	91,325	0	0
TYLER TECHNOLOGIES, INC	COM	902252105	19,798	45,354	SH		SOLE	0	45,354	0	0
UDR INC.	COM	902653104	266	6,916	SH		SOLE	0	6,916	0	0
UNION PACIFIC CORP	COM	907818108	8,687	41,721	SH		SOLE	0	41,721	0	0
UNITED HEALTH GROUP	COM	91324P102	2,284	6,514	SH		SOLE	0	6,514	0	0
UNITY SOFTWARE INC.	COM	91332U101	9,914	64,600	SH		SOLE	0	64,600	0	0
UPLAND SOFTWARE INC.	COM	91544A109	21,540	469,386	SH		SOLE	0	469,386	0	0
VANECK VECTORS GREEN BOND ETF	COM	92189F171	1,379	49,349	SH		SOLE	0	49,349	0	0
VANGUARD FTSE ALL-WORLD EX-US ETF	COM	922042775	411	7,042	SH		SOLE	0	7,042	0	0
VANGUARD TOTAL STOCK MARKET ETF	COM	922908769	4,819	24,759	SH		SOLE	0	24,759	0	0
VANGUARD TOTAL WORLD BOND ETF	COM	92206C565	7,200	87,588	SH		SOLE	0	87,588	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	230	3,913	SH		SOLE	0	3,913	0	0
VERTEX PHARMACEUTICALS INC.	COM	92532F100	1,349	5,709	SH		SOLE	0	5,709	0	0
VIASAT INC.	COM	92552V100	15,824	484,658	SH		SOLE	0	484,658	0	0
VICOR CORP	COM	925815102	44,641	484,071	SH		SOLE	0	484,071	0	0
WISDOMTREE BARCLAYS YIELD ENHANCED U.S. AGGREGATE	COM	97717X511	16,855	313,930	SH		SOLE	0	313,930	0	0
WOODWARD INC	COM	980745103	931	7,657	SH		SOLE	0	7,657	0	0
Y-MABS THERAPEUTICS, INC.	COM	984241109	10,863	219,419	SH		SOLE	0	219,419	0	0