Filed: 2/17/2026ACC: 0000897070-26-000003
📋 What this filing means
ASHFORD CAPITAL MANAGEMENT INC filed this quarterly 13F‑HR report disclosing 109 equity positions with a total reported market value of $897.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
109
Positions
$897.67M
Total AUM (reported)
21.58M
Total Shares
Allocation by class
COM$897.67M100.0%
Portfolio Concentration
Top 3$140.18M15.6%
4–10$207.19M23.1%
11–25$263.56M29.4%
Rest$286.74M31.9%
Top 3 weight
15.6%
Top 10 weight
38.7%
Voting Authority Distribution
Total shares with voting rights: 21.58M
Sole
Full voting authority
21.58M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole109
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings109
Rows:
GLOBALSTAR INC.
SOLEShares999K
TypeSH
Market value$60.98M
6.79%
Sole
999K
Shared
0.00
None
0.00
LIGAND PHARMACEUTICALS - CL B
SOLEShares213.78K
TypeSH
Market value$40.42M
4.50%
Sole
213.78K
Shared
0.00
None
0.00
VICOR CORP
SOLEShares353.86K
TypeSH
Market value$38.78M
4.32%
Sole
353.86K
Shared
0.00
None
0.00
RED VIOLET INC
SOLEShares602.82K
TypeSH
Market value$34.33M
3.82%
Sole
602.82K
Shared
0.00
None
0.00
VANGUARD TOTAL STOCK MARKET ETF
SOLEShares93.83K
TypeSH
Market value$31.46M
3.50%
Sole
93.83K
Shared
0.00
None
0.00
SUPERNUS PHARMACEUTICALS INC.
SOLEShares612.54K
TypeSH
Market value$30.44M
3.39%
Sole
612.54K
Shared
0.00
None
0.00
CELLEBRITE DI LTD/ISRAEL
SOLEShares1.67M
TypeSH
Market value$30.13M
3.36%
Sole
1.67M
Shared
0.00
None
0.00
STONEX GROUP, INC.
SOLEShares298.33K
TypeSH
Market value$28.38M
3.16%
Sole
298.33K
Shared
0.00
None
0.00
ODDITY TECH, LTD. - CL A
SOLEShares685.97K
TypeSH
Market value$27.56M
3.07%
Sole
685.97K
Shared
0.00
None
0.00
HEALTHEQUITY, INC.
SOLEShares271.72K
TypeSH
Market value$24.89M
2.77%
Sole
271.72K
Shared
0.00
None
0.00
ACUITY, INC.
SOLEShares65.72K
TypeSH
Market value$23.66M
2.64%
Sole
65.72K
Shared
0.00
None
0.00
UFP TECHNOLOGIES, INC.
SOLEShares96.66K
TypeSH
Market value$21.46M
2.39%
Sole
96.66K
Shared
0.00
None
0.00
SKYWARD SPECIALTY INSURANCE GROUP
SOLEShares387.70K
TypeSH
Market value$19.82M
2.21%
Sole
387.70K
Shared
0.00
None
0.00
JFROG LTD
SOLEShares309.12K
TypeSH
Market value$19.31M
2.15%
Sole
309.12K
Shared
0.00
None
0.00
FRANCO-NEVADA CORP
SOLEShares89.86K
TypeSH
Market value$18.63M
2.07%
Sole
89.86K
Shared
0.00
None
0.00
EQUINIX INC
SOLEShares23.42K
TypeSH
Market value$17.95M
2.00%
Sole
23.42K
Shared
0.00
None
0.00
GENEDX HOLDINGS - CL A.
SOLEShares132.33K
TypeSH
Market value$17.21M
1.92%
Sole
132.33K
Shared
0.00
None
0.00
CAVCO INDUSTRIES, INC.
SOLEShares28.41K
TypeSH
Market value$16.78M
1.87%
Sole
28.41K
Shared
0.00
None
0.00
COSTAR GROUP INC
SOLEShares247.96K
TypeSH
Market value$16.67M
1.86%
Sole
247.96K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY A
SOLEShares22.00
TypeSH
Market value$16.61M
1.85%
Sole
22.00
Shared
0.00
None
0.00
AXON ENTERPRISE, INC.
SOLEShares29.20K
TypeSH
Market value$16.58M
1.85%
Sole
29.20K
Shared
0.00
None
0.00
VOX ROYALTY CORP.
SOLEShares3.15M
TypeSH
Market value$14.94M
1.66%
Sole
3.15M
Shared
0.00
None
0.00
KINSALE CAPITAL GROUP INC.
SOLEShares38.15K
TypeSH
Market value$14.92M
1.66%
Sole
38.15K
Shared
0.00
None
0.00
TYLER TECHNOLOGIES, INC
SOLEShares32.19K
TypeSH
Market value$14.61M
1.63%
Sole
32.19K
Shared
0.00
None
0.00
CYBERARK SOFTWARE LTD/ISRAEL
SOLEShares32.29K
TypeSH
Market value$14.41M
1.60%
Sole
32.29K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GLOBALSTAR INC.SOLE | COM | 999K | SH | $60.98M 6.79% | 999K | 0.00 | 0.00 |
LIGAND PHARMACEUTICALS - CL BSOLE | COM | 213.78K | SH | $40.42M 4.50% | 213.78K | 0.00 | 0.00 |
VICOR CORPSOLE | COM | 353.86K | SH | $38.78M 4.32% | 353.86K | 0.00 | 0.00 |
RED VIOLET INCSOLE | COM | 602.82K | SH | $34.33M 3.82% | 602.82K | 0.00 | 0.00 |
VANGUARD TOTAL STOCK MARKET ETFSOLE | COM | 93.83K | SH | $31.46M 3.50% | 93.83K | 0.00 | 0.00 |
SUPERNUS PHARMACEUTICALS INC.SOLE | COM | 612.54K | SH | $30.44M 3.39% | 612.54K | 0.00 | 0.00 |
CELLEBRITE DI LTD/ISRAELSOLE | COM | 1.67M | SH | $30.13M 3.36% | 1.67M | 0.00 | 0.00 |
STONEX GROUP, INC.SOLE | COM | 298.33K | SH | $28.38M 3.16% | 298.33K | 0.00 | 0.00 |
ODDITY TECH, LTD. - CL ASOLE | COM | 685.97K | SH | $27.56M 3.07% | 685.97K | 0.00 | 0.00 |
HEALTHEQUITY, INC.SOLE | COM | 271.72K | SH | $24.89M 2.77% | 271.72K | 0.00 | 0.00 |
ACUITY, INC.SOLE | COM | 65.72K | SH | $23.66M 2.64% | 65.72K | 0.00 | 0.00 |
UFP TECHNOLOGIES, INC.SOLE | COM | 96.66K | SH | $21.46M 2.39% | 96.66K | 0.00 | 0.00 |
SKYWARD SPECIALTY INSURANCE GROUPSOLE | COM | 387.70K | SH | $19.82M 2.21% | 387.70K | 0.00 | 0.00 |
JFROG LTDSOLE | COM | 309.12K | SH | $19.31M 2.15% | 309.12K | 0.00 | 0.00 |
FRANCO-NEVADA CORPSOLE | COM | 89.86K | SH | $18.63M 2.07% | 89.86K | 0.00 | 0.00 |
EQUINIX INCSOLE | COM | 23.42K | SH | $17.95M 2.00% | 23.42K | 0.00 | 0.00 |
GENEDX HOLDINGS - CL A.SOLE | COM | 132.33K | SH | $17.21M 1.92% | 132.33K | 0.00 | 0.00 |
CAVCO INDUSTRIES, INC.SOLE | COM | 28.41K | SH | $16.78M 1.87% | 28.41K | 0.00 | 0.00 |
COSTAR GROUP INCSOLE | COM | 247.96K | SH | $16.67M 1.86% | 247.96K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY ASOLE | COM | 22.00 | SH | $16.61M 1.85% | 22.00 | 0.00 | 0.00 |
AXON ENTERPRISE, INC.SOLE | COM | 29.20K | SH | $16.58M 1.85% | 29.20K | 0.00 | 0.00 |
VOX ROYALTY CORP.SOLE | COM | 3.15M | SH | $14.94M 1.66% | 3.15M | 0.00 | 0.00 |
KINSALE CAPITAL GROUP INC.SOLE | COM | 38.15K | SH | $14.92M 1.66% | 38.15K | 0.00 | 0.00 |
TYLER TECHNOLOGIES, INCSOLE | COM | 32.19K | SH | $14.61M 1.63% | 32.19K | 0.00 | 0.00 |
CYBERARK SOFTWARE LTD/ISRAELSOLE | COM | 32.29K | SH | $14.41M 1.60% | 32.29K | 0.00 | 0.00 |
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