ASHFORD CAPITAL MANAGEMENT INC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$897.8B

Holdings

110

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (110 positions)

#StockSharesValue% PortfolioType
1
GSATGLOBALSTAR INC.
1,409,321$51.3B5.71%
2
LGNDLIGAND PHARMACEUTICALS - CL B
244,430$43.3B4.82%
3
ODDODDITY TECH, LTD. - CL A
548,592$34.2B3.81%
4
SNEXSTONEX GROUP, INC.
313,244$31.6B3.52%
5
CLBTCELLEBRITE DI LTD/ISRAEL
1,700,285$31.5B3.51%
6
VTIVANGUARD TOTAL STOCK MARKET ETF
92,534$30.4B3.38%
7
RDVTRED VIOLET INC
580,708$30.3B3.38%
8
FNVFRANCO-NEVADA CORP
126,252$28.1B3.13%
9
CVCOCAVCO INDUSTRIES, INC.
48,019$27.9B3.11%
10
SUPNSUPERNUS PHARMACEUTICALS INC.
563,718$26.9B3.00%
11
HQYHEALTHEQUITY, INC.
271,963$25.8B2.87%
12
CSGPCOSTAR GROUP INC
280,738$23.7B2.64%
13
AXONAXON ENTERPRISE, INC.
29,936$21.5B2.39%
14
EQIXEQUINIX INC
24,359$19.1B2.13%
15
CPRTCOPART INC
420,349$18.9B2.11%
16
AYIACUITY, INC.
54,637$18.8B2.10%
17
SKWDSKYWARD SPECIALTY INSURANCE GROUP
387,972$18.5B2.06%
18
TYLTYLER TECHNOLOGIES, INC
33,098$17.3B1.93%
19
BRK-BBERKSHIRE HATHAWAY A
22$16.6B1.85%
20
KNSLKINSALE CAPITAL GROUP INC.
38,175$16.2B1.81%
21
CYBRCYBERARK SOFTWARE LTD/ISRAEL
32,784$15.8B1.76%
22
UFPTUFP TECHNOLOGIES, INC.
75,610$15.1B1.68%
23
FROGJFROG LTD
309,408$14.6B1.63%
24
WGSGENEDX HOLDINGS - CL A.
132,456$14.3B1.59%
25
CWANCLEARWATER ANALYTICS HDS - CL A
777,719$14.0B1.56%
26
SSENTINELONE, INC. - CLASS A
713,147$12.6B1.40%
27
PJ4AREPOSITRAK, INC.
815,208$12.1B1.35%
28
AVPTAVEPOINT, INC.
803,369$12.1B1.34%
29
INCYINCYTE CORP
134,220$11.4B1.27%
30
NCNONCINO, INC.
413,257$11.2B1.25%
31
VICRVICOR CORP
225,192$11.2B1.25%
32
VOXRVOX ROYALTY CORP.
2,557,400$11.0B1.22%
33
UNPUNION PACIFIC CORP
41,345$9.8B1.09%
34
MSFTMICROSOFT CORPORATION
18,009$9.3B1.04%
35
VIAVIA TRANSPORTATION, INC. - CL A
184,650$8.9B0.99%
36
PRCHPORCH GROUP INC
528,380$8.9B0.99%
37
FLBLFRANKLIN SENIOR LOAN ETF
364,498$8.8B0.98%
38
TTDTHE TRADE DESK - CL A
177,229$8.7B0.97%
39
BROSDUTCH BROS INC.
161,390$8.4B0.94%
40
FEZSPDR EURO STOXX 50 FUND
123,833$7.7B0.86%
41
AESIATLAS ENERGY SOLUTIONS, INC.
665,135$7.6B0.84%
42
SPYSPDR S&P 500 ETF TRUST
11,169$7.4B0.83%
43
IEURISHARES CORE MSCI EUROPE ETF
101,849$6.9B0.77%
44
VICIVICI PROPERTIES
200,460$6.5B0.73%
45
EPDENTERPRISE PRODUCTS PARTNERS
164,070$5.1B0.57%
46
FXIISHARES CHINA LARGE-CAP ETF
116,112$4.8B0.53%
47
METAFACEBOOK INC - A
6,005$4.4B0.49%
48
REMXVANECK RARE EARTH & METALS ETF
64,745$4.3B0.47%
49
EWWISHARES MSCI MEXICO ETF
57,392$3.9B0.44%
50
FALNISHARES FALLEN ANGELS USD BOND ETF
138,793$3.9B0.43%
51
EWZISHARES MSCI BRAZIL
124,272$3.9B0.43%
52
ETENERGY TRANSFER LP
217,103$3.7B0.41%
53
ROPROPER TECHNOLOGIES, INC
7,316$3.6B0.41%
54
BRK/BBERKSHIRE HATHAWAY B
7,121$3.6B0.40%
55
VRTXVERTEX PHARMACEUTICALS INC.
8,245$3.2B0.36%
56
VNQVANGUARD REIT ETF
34,252$3.1B0.35%
57
TERTERADYNE INC.
22,736$3.1B0.35%
58
HACKAMPLIFY CYBERSECURITY ETF
33,489$2.9B0.32%
59
PSTGPURE STORAGE
33,768$2.8B0.32%
60
IWOISHARES RUSSELL 2000 GROWTH INDEX FUND
8,774$2.8B0.31%
61
TKOTKO GROUP HOLDINGS, INC.
12,527$2.5B0.28%
62
FURYFURY GOLD MINES LTD
3,650,015$2.4B0.27%
63
MODMODINE MANUFACTURING CO
16,616$2.4B0.26%
64
GOOGLALPHABET INC. CLASS A
9,676$2.4B0.26%
65
MRKMERCK & CO
26,683$2.2B0.25%
66
MLB1MERCADO LIBRE
955$2.2B0.25%
67
TRVTHE TRAVELERS COMPANIES
7,764$2.2B0.24%
68
TECHBIO-TECHNE CORP
37,905$2.1B0.23%
69
XOMEXXON MOBIL CORP
18,436$2.1B0.23%
70
ACGLARCH CAPITAL GROUP LTD
22,673$2.1B0.23%
71
KMIKINDER MORGAN HOLDCO LLC
71,708$2.0B0.23%
72
CAHCARDINAL HEALTH
12,717$2.0B0.22%
73
SPGIS&P GLOBAL INC.
4,043$2.0B0.22%
74
DHRDANAHER CORPORATION
9,919$2.0B0.22%
75
ISRGINTUITIVE SURGICAL, INC.
4,223$1.9B0.21%
76
AFRMAFFIRM HOLDINGS - CL A.
23,603$1.7B0.19%
77
VRSKVERISK ANALYTICS INC - CLASS A
6,564$1.7B0.18%
78
MORNMORNINGSTAR INC
6,648$1.5B0.17%
79
AMZNAMAZON
6,700$1.5B0.16%
80
AVGOBROADCOM INC
3,100$1.0B0.11%
81
WMTWAL-MART STORES INC
9,711$1.0B0.11%
82
AAPLAPPLE, INC.
3,015$767.7M0.09%
83
GGNGAMCO GLOBAL GOLD NATURAL RESOURCES AND INCOME TRU
146,000$752.6M0.08%
84
RBLXROBLOX CORP. - CL A
5,210$721.7M0.08%
85
SHOPSHOPIFY, INC. - CLASS A
4,680$695.5M0.08%
86
KOCOCA-COLA CO
10,075$668.2M0.07%
87
RBCRBC BEARINGS INC.
1,700$663.5M0.07%
88
GLWCORNING INC
6,136$503.3M0.06%
89
CVXCHEVRON CORPORATION
2,996$465.2M0.05%
90
DWDMORGAN STANLEY
2,670$424.4M0.05%
91
VTSVITESSE ENERGY INC.
17,830$414.2M0.05%
92
MPMP MATERIALS CORP.
6,000$402.4M0.04%
93
VRTVERTIV HOLDINGS CO.
2,500$377.1M0.04%
94
MLRMILLER INDUSTRIES RSUS
9,120$368.6M0.04%
95
MKTXMARKETAXESS HOLDINGS INC
2,000$348.5M0.04%
96
GOOGALPHABET INC - CL C
1,400$341.0M0.04%
97
IBMINTERNATIONAL BUSINESS MACHINES CORP
1,196$337.5M0.04%
98
IWFISHARES RUSSELL 1000 GROWTH INDEX FUND
701$328.4M0.04%
99
IBITISHARES BITCOIN TRUST
5,000$325.0M0.04%
100
JOBYJOBY AVIATION - CLASS A
20,000$322.8M0.04%
Page 1 of 2Next