— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

ASHFORD CAPITAL MANAGEMENT INC

Q4 2025 · Filed 2026-02-17
Market Value
$870M
+0.8%
Holdings
119
+3
New Purchases
10
Added To
22
Closed
11
Reduced
46
Top 10 Concentration
39.5%
Turnover
17.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VICR 4.46% 1.30% +3.16% $39M
SRAD 1.45% 0.00% +1.45% $13M
YOU 1.09% 0.00% +1.09% $9M
IDCC 1.08% 0.00% +1.08% $9M
GSAT 7.01% 5.94% +1.07% $61M
UFPT 2.47% 1.75% +0.72% $21M
AYI 2.72% 2.18% +0.54% $24M
FROG 2.22% 1.70% +0.52% $19M
VOXCF 1.72% 1.27% +0.44% $15M
RDVT 3.95% 3.51% +0.43% $34M
SUPN 3.50% 3.12% +0.38% $30M
WGS 1.98% 1.65% +0.33% $17M
SRLN 0.31% 0.00% +0.31% $3M
FALN 0.75% 0.45% +0.30% $7M
INCY 1.58% 1.32% +0.26% $14M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CPRT 0.70% 2.19% -1.49% $6M
CVCO 1.93% 3.23% -1.30% $17M
FNV 2.14% 3.26% -1.12% $19M
FLBL 0.00% 1.01% -1.01% $0
CSGP 1.92% 2.74% -0.83% $17M
AESI 0.18% 0.88% -0.70% $2M
PRCH 0.42% 1.03% -0.60% $4M
AXON 1.91% 2.49% -0.58% $17M
TTD 0.50% 1.01% -0.50% $4M
TRAK 0.97% 1.40% -0.43% $8M
S 1.04% 1.45% -0.42% $9M
SNEX 3.26% 3.66% -0.40% $28M
VIA 0.64% 1.03% -0.39% $6M
LGND 4.65% 5.01% -0.37% $40M
VNQ 0.00% 0.36% -0.36% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 22 $90M 10.3%
Large Cap 48 $287M 33.0%
Mid Cap 30 $343M 39.5%
Small Cap 15 $125M 14.3%
Micro Cap 4 $26M 2.9%

Portfolio Analytics

Avg Market Cap
$298.7B
Median Market Cap
$14.4B
Avg P/E
42.5
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
1.07
# Stocks
98
# ETFs / Funds
21

Top Holdings (119 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 GSAT 7.01% 998,995 $61M $61.04 $10M -410,326 -29.1%
2 LGND 4.65% 213,778 $40M $189.07 -$3M -30,652 -12.5%
3 VICR 4.46% 353,856 $39M $109.60 $28M +128,664 +57.1%
4 RDVT 3.95% 602,818 $34M $56.95 $4M +22,110 +3.8%
5 VTI 3.62% 93,827 $31M $335.27 $1M +1,293 +1.4%
6 SUPN 3.50% 612,538 $30M $49.70 $4M +48,820 +8.7%
7 CLBT 3.46% 1,670,845 $30M $18.03 -$1M -29,440 -1.7%
8 SNEX 3.26% 298,329 $28M $95.13 -$3M -14,915 -4.8%
9 HQY 2.86% 271,723 $25M $91.61 -$881K -240 -0.1%
10 AYI 2.72% 65,722 $24M $360.04 $5M +11,085 +20.3%
11 UFPT 2.47% 96,660 $21M $222.03 $6M +21,050 +27.8%
12 SKWD 2.28% 387,702 $20M $51.11 $1M -270 -0.1%
13 FROG 2.22% 309,118 $19M $62.46 $5M -290 -0.1%
14 FNV 2.14% 89,857 $19M $207.28 -$10M -36,395 -28.8%
15 EQIX 2.06% 23,424 $18M $766.16 -$1M -935 -3.8%
16 WGS 1.98% 132,326 $17M $130.06 $3M -130 -0.1%
17 CVCO 1.93% 28,412 $17M $590.74 -$11M -19,607 -40.8%
18 CSGP 1.92% 247,959 $17M $67.24 -$7M -32,779 -11.7%
19 BRK-A 1.91% 22 $17M $754,800.00 $13K
20 AXON 1.91% 29,199 $17M $567.93 -$5M -737 -2.5%
21 VOXCF 1.72% 3,152,370 $15M $4.74 $4M +594,970 +23.3%
22 KNSL 1.71% 38,145 $15M $391.12 -$1M -30 -0.1%
23 TYL 1.68% 32,193 $15M $453.95 -$3M -905 -2.7%
24 CYBR 1.66% 32,294 $14M $446.06 -$1M -490 -1.5%
25 INCY 1.58% 139,080 $14M $98.77 $2M +4,860 +3.6%
26 SRAD 1.45% 530,280 $13M $23.77 +530,280 NEW
27 CWAN 1.42% 511,779 $12M $24.12 -$2M -265,940 -34.2%
28 AVPT 1.28% 802,819 $11M $13.89 -$907K -550 -0.1%
29 NCNO 1.20% 406,307 $10M $25.64 -$786K -6,950 -1.7%
30 BROS 1.10% 156,280 $10M $61.22 $1M -5,110 -3.2%
31 UNP 1.10% 41,345 $10M $231.32 -$209K
32 YOU 1.09% 270,050 $9M $35.08 +270,050 NEW
33 IDCC 1.08% 29,408 $9M $318.38 +29,408 NEW
34 S 1.04% 601,830 $9M $15.00 -$4M -111,317 -15.6%
35 MSFT 1.01% 18,109 $9M $483.62 -$570K +100 +0.6%
36 TRAK 0.97% 679,581 $8M $12.37 -$4M -135,627 -16.6%
37 FEZ 0.91% 123,501 $8M $64.39 $260K -332 -0.3%
38 SPY 0.88% 11,169 $8M $681.92 $176K
39 IEUR 0.83% 101,876 $7M $70.98 $293K +27 +0.0%
40 FALN 0.75% 239,038 $7M $27.30 $3M +100,245 +72.2%
41 CPRT 0.70% 154,989 $6M $39.15 -$13M -265,360 -63.1%
42 VICI 0.66% 205,760 $6M $28.12 -$751K +5,300 +2.6%
43 VIA 0.64% 190,660 $6M $29.01 -$3M +6,010 +3.2%
44 FXI 0.61% 138,817 $5M $38.29 $538K +22,705 +19.6%
45 EPD 0.53% 144,610 $5M $32.06 -$494K -19,460 -11.9%
46 TTD 0.50% 114,876 $4M $37.96 -$4M -62,353 -35.2%
47 EWW 0.49% 61,060 $4M $69.33 $319K +3,668 +6.4%
48 EWZ 0.48% 130,280 $4M $31.77 $287K +6,008 +4.8%
49 ISRG 0.46% 7,143 $4M $566.36 $2M +2,920 +69.2%
50 META 0.46% 6,005 $4M $660.09 -$446K
51 TER 0.44% 19,856 $4M $193.56 $714K -2,880 -12.7%
52 IWO 0.44% 11,862 $4M $323.01 $1M +3,088 +35.2%
53 REMX 0.44% 51,593 $4M $73.92 -$448K -13,152 -20.3%
54 VRTX 0.43% 8,245 $4M $453.36 $509K
55 PRCH 0.42% 404,670 $4M $9.13 -$5M -123,710 -23.4%
56 GOOGL 0.41% 11,381 $4M $313.00 $1M +1,705 +17.6%
57 BRK-B 0.41% 7,071 $4M $502.65 -$26K -50 -0.7%
58 ET 0.35% 184,623 $3M $16.49 -$681K -32,480 -15.0%
59 ROP 0.34% 6,670 $3M $445.13 -$679K -646 -8.8%
60 MRK 0.33% 26,983 $3M $105.26 $601K +300 +1.1%
61 SRLN 0.31% 65,943 $3M $41.27 +65,943 NEW
62 HACK 0.31% 33,401 $3M $80.37 -$222K -88 -0.3%
63 TKO 0.30% 12,297 $3M $209.00 $40K -230 -1.8%
64 DHR 0.26% 9,919 $2M $228.92 $304K
65 TRV 0.26% 7,764 $2M $290.06 $84K
66 TECH 0.26% 37,905 $2M $58.81 $121K
67 XOM 0.25% 18,436 $2M $120.34 $140K
68 FURY 0.25% 3,650,015 $2M $0.59 -$230K
69 PATH 0.24% 125,474 $2M $16.39 +125,474 NEW
70 KMI 0.23% 71,708 $2M $27.49 -$59K
71 MOD 0.23% 14,736 $2M $133.51 -$395K -1,880 -11.3%
72 RBC 0.23% 4,382 $2M $448.43 $1M +2,682 +157.8%
73 MELI 0.22% 955 $2M $2,014.26 -$308K
74 P 0.19% 24,568 $2M $67.01 -$1M -9,200 -27.2%
75 AMZN 0.18% 6,700 $2M $230.82 $75K
76 AESI 0.18% 162,630 $2M $9.42 -$6M -502,505 -75.5%
77 VRSK 0.17% 6,564 $1M $223.69 -$183K
78 ORCL 0.15% 6,828 $1M $194.91 +6,828 NEW
79 CAH 0.14% 6,087 $1M $205.50 -$745K -6,630 -52.1%
80 WMT 0.12% 9,681 $1M $111.41 $78K -30 -0.3%
81 AVGO 0.10% 2,600 $900K $346.10 -$123K -500 -16.1%
82 AAPL 0.09% 2,895 $787K $271.86 $19K -120 -4.0%
83 GGN 0.09% 146,000 $753K $5.16 $730
84 SHOP 0.09% 4,680 $753K $160.97 $58K
85 KO 0.08% 10,075 $704K $69.91 $36K
86 GLW 0.06% 6,136 $537K $87.56 $34K
87 AFRM 0.06% 6,775 $504K $74.43 -$1M -16,828 -71.3%
88 MS 0.06% 2,790 $495K $177.53 $71K +120 +4.5%
89 CVX 0.05% 2,996 $457K $152.41 -$9K
90 GOOG 0.05% 1,400 $439K $313.80 $98K
91 RBLX 0.05% 5,210 $422K $81.03 -$300K
92 MKTX 0.04% 2,000 $362K $181.25 $14K
93 LLY 0.04% 336 $361K $1,074.68 $105K
94 IBM 0.04% 1,196 $354K $296.21 $17K
95 JNJ 0.04% 1,700 $352K $206.95 $37K
96 MLR 0.04% 9,120 $341K $37.37 -$28K
97 IWF 0.04% 701 $332K $473.30 $3K
98 RHLD 0.03% 1,261 $260K $206.43 +1,261 NEW
99 CLS 0.03% 870 $257K $295.61 -$41K -340 -28.1%
100 QURE 0.03% 10,000 $239K $23.93 +10,000 NEW

New Positions

SymbolValue% Port
SRAD $13M 1.45%
YOU $9M 1.09%
IDCC $9M 1.08%
SRLN $3M 0.31%
PATH $2M 0.24%
ORCL $1M 0.15%
RHLD $260K 0.03%
QURE $239K 0.03%
EWU $203K 0.02%
QQQ $201K 0.02%

Sold Out Positions

SymbolValue% Port
JOBY —%
SPGI —%
MP —%
BMNR —%
PGR —%
ACGL —%
MORN —%
IBIT —%
FLBL —%
RSSS —%
VNQ —%
View SEC EDGAR Filings for ASHFORD CAPITAL MANAGEMENT INC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms