Instuitional Investor - Ashford Capital Management Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ligand Pharmaceuticals Inc	LGND	170,236	$53,809,897	5.77%
2.	Globalstar Inc.	GSAT	509,700	$41,433,513	4.44%
3.	Red Violet Inc.	RDVT	575,194	$36,651,362	3.93%
4.	Vanguard Total Stock Market Etf		97,062	$35,916,822	3.85%
5.	Stonex Group Inc.	SNEX	414,054	$32,710,266	3.51%