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Ashford Capital Management Inc
Theodore H. Ashford III · Investment Advisor · Growth
Established in 1979 by Theodore H. Ashford, Ashford Capital Management is an independent investment advisory firm based in Wilmington, Delaware. The firm specializes in identifying undiscovered, high-quality small and mid-cap growth companies that possess sustainable competitive advantages and strong management teams. Ashford provides discretionary investment management services to a range of clients, including institutional investors and high-net-worth individuals, drawing on over four decades of experience to build portfolios focused on long-term capital appreciation.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +36.6% |
| YTD return | +16.8% |
| Sharpe ratio | 3.77 |
| Win rate | 60% |
| AUM | $0.6B |
| Inception | Oct 1, 2025 |
| Updated | Sep 21, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $0.6B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://www.ashfordcapital.com |
Current Holdings
Updated on Sep 21, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| GSAT | Globalstar, Inc. Common Stock | 15.9% | +112.1% |
| LGND | Ligand Pharmaceuticals Incorporated | 8.1% | +61.1% |
| VICR | Vicor Corporation | 6.7% | +354.1% |
| SNEX | Stonex Group Inc | 6.2% | +48.5% |
| CVCO | Cavco Industries Inc | 5.8% | -9.8% |
| CLBT | Cellebrite DI | 5.5% | -35.2% |
| RDVT | Red Violet Inc | 5.4% | +45.5% |
| SUPN | Supernus Pharmaceuticals Inc | 5.2% | -11.0% |
| HQY | HealthEquity Inc | 4.2% | +5.6% |
| EQIX | Equinix Inc | 3.6% | +36.8% |
| AXON | Axon Enterprise Inc. | 3.5% | -33.1% |
| UFPT | UFP Technologies Inc | 3.5% | +38.8% |
| ODD | ODDITY Tech Ltd. Class A Ordinary Shares | 3.4% | -63.1% |
| CWAN | Clearwater Analytics Holdings Inc | 3.4% | +38.3% |
| BRK-A | Berkshire Hathaway Inc | 3.4% | +1.5% |
| CSGP | CoStar Group Inc | 3.3% | -62.6% |
| FROG | Jfrog Ltd | 3.3% | +95.7% |
| SKWD | Skyward Specialty Insurance Group, Inc. Common Stock | 3.2% | +25.4% |
| AYI | Acuity Brands Inc | 3.2% | -13.9% |
| CPRT | Copart Inc | 3.1% | -29.7% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Jan 23, 2026 | BUY | BRK-A | 0.0% → 3.5% |
| Jan 23, 2026 | BUY | AYI | 2.7% → 3.2% |
| Jan 23, 2026 | BUY | CLBT | 4.0% → 5.3% |
| Jan 23, 2026 | SELL | FROG | 3.5% → 3.2% |
| Jan 23, 2026 | BUY | LGND | 8.0% → 8.4% |
Investment Style Analysis
Ashford Capital Management Inc is widely recognized for employing a Growth strategy. As of Sep 21, 2026, the firm oversees approximately $0.6B in assets under management (AUM). The portfolio demonstrates a clear preference for the Telecom Services and Software - Application sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Jan 23, Ashford Capital Management Inc made a significant move by increasing exposure to BRK-A. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Ashford Capital Management employs a fundamental, bottom-up research methodology focused on discovering growth companies at an early stage. Their philosophy centers on identifying businesses with scalable models, robust earnings growth, and positive cash flow, particularly those with the potential for 10-15% annual growth. The firm maintains a high-conviction, concentrated portfolio and follows a disciplined long-term investment horizon, typically holding positions for several years to allow management execution and market recognition to drive compounding returns.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Ashford Capital Management Inc.
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Frequently asked questions
How is the simulated portfolio for Ashford Capital Management Inc constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Ashford Capital Management Inc's largest holding?
As of the latest filing, Ashford Capital Management Inc's top position is Globalstar, Inc. Common Stock (GSAT), representing 15.9% of the portfolio. This reflects a high-conviction bet by the institution.
What is Ashford Capital Management Inc's historical performance and risk profile?
Our simulation indicates a total return of +36.6% with a win rate of 60%. Notably, the portfolio maintains a Sharpe Ratio of 3.77, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Ashford Capital Management Inc primarily invest in?
Ashford Capital Management Inc has a strong preference for the Telecom Services sector, which makes up 15.9% of their disclosed assets. The portfolio also has exposure to Software - Application, indicating a specific thematic focus.
Is Ashford Capital Management Inc's portfolio concentrated or diversified?
Ashford Capital Management Inc runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 30.7% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Ashford Capital Management Inc performed in 2026?
Our AI-simulated model portfolio for Ashford Capital Management Inc tracks a Year-to-Date (YTD) return of +16.8%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Theodore H. Ashford III manage Ashford Capital Management Inc directly?
Yes, Theodore H. Ashford III serves as the key portfolio manager for Ashford Capital Management Inc, overseeing the investment strategy and final capital allocation decisions.