13F-HR 1 mar2002-13f.txt Main Page (1) TYPE 13F-HR DOCUMENT-COUNT 1 PERIOD 3/31/02 FILER CIK 0000897070 CCC $3ffyizp SUBMISSION-CONTACT NAME VICTORIA HORAN PHONE 302-655-1750 Attached Documents Page (2) FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2002 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Ashford Capital Management, Inc. Address: P.O. Box 4172 Wilmington, DE 19807 13F File Number: 28-3420 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Louise Victoria Horan Title: Vice President, Operations Phone: 302-655-1750 Signature, Place, and Date of Signing: ____________________________ _____________________________ __________ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 133 Form 13F Information Table Value Total: $518,703 (thousands) List of Other Included Managers: Brandywine Managers, LLC NAME OF ISSUER TITLE OF CLASS CUSIP VALUE(K) SH/P AMT S/P P/C INV DSC MANAGERS SOLE SHARED NONE A D A M INC COMMON 00088U108 1354 372039 SH SOLE 372039 0 0 AARON RENTS INC COMMON 002535201 6020 263442 SH SOLE 263442 0 0 ABGENIX INC COMMON 00339B107 1077 57000 SH SOLE 57000 0 0 ACTEL CORP COMMON 004934105 3634 175450 SH SOLE 175450 0 0 ADOBE SYS INC COMMON 00724F101 975 24200 SH SOLE 24200 0 0 ADOLOR CORP COMMON 00724X102 2524 226400 SH SOLE 226400 0 0 ALLIED CAP CORP NEW COMMON 01903Q108 13855 503800 SH SOLE 503800 0 0 AMBASSADORS GROUP INC COMMON 023177108 11835 859500 SH SOLE 859500 0 0 AMBASSADORS INTL INC COMMON 023178106 7349 859500 SH SOLE 859500 0 0 AMERICAN PWR CONVERSION COMMON 029066107 965 65300 SH SOLE 65300 0 0 ANADARKO PETE CORP COMMON 032511107 243 4297 SH SOLE 4297 0 0 APPLERA CORP-APPLIED BIO COM AP BIO GRP 038020103 1161 51926 SH SOLE 51926 0 0 APPLERA CORP-CELERA GEN COM CE GEN GRP 038020202 899 43766 SH SOLE 43766 0 0 APPLIED IMAGING CORP COMMON 03820G106 1292 536000 SH SOLE 536000 0 0 ARMOR HOLDINGS INC COMMON 042260109 11745 433400 SH SOLE 433400 0 0 ARTESYN TECHNOLOGIES INC COMMON 043127109 1653 177602 SH SOLE 177602 0 0 AVNET INC COMMON 053807103 228 8439 SH SOLE 8439 0 0 BMC SOFTWARE INC COMMON 055921100 218 11198 SH SOLE 11198 0 0 BALCHEM CORP COMMON 057665200 7402 342700 SH SOLE 342700 0 0 BELLSOUTH CORP COMMON 079860102 332 9000 SH SOLE 9000 0 0 BERKSHIRE HATHAWAY INC D CL A 084670108 1920 27 SH SOLE 27 0 0 BERKSHIRE HATHAWAY INC D CL B 084670207 1720 726 SH SOLE 726 0 0 BROWN & BROWN INC COMMON 115236101 11973 381300 SH SOLE 381300 0 0 CSG SYS INTL INC COMMON 126349109 8520 299246 SH SOLE 299246 0 0 CARDINAL HEALTH INC COMMON 14149Y108 331 4675 SH SOLE 4675 0 0 CASH AMER INTL INC COMMON 14754D100 4285 486900 SH SOLE 486900 0 0 CENTRAL PKG CORP COMMON 154785109 19561 850850 SH SOLE 850850 0 0 CEPHALON INC COMMON 156708109 5674 90070 SH SOLE 90070 0 0 CEPHALON INC NOTE 5.250 5/0 156708AC3 3793 3545000 PRN SOLE 3545000 0 0 CHEVRONTEXACO CORP COMMON 166764100 543 6016 SH SOLE 6016 0 0 CHOICE HOTELS INTL INC COMMON 169905106 265 11000 SH SOLE 11000 0 0 CIRCUIT CITY STORE INC CIRCT CITY GRP 172737108 2067 114604 SH SOLE 114604 0 0 CLARUS CORP COMMON 182707109 4604 1208300 SH SOLE 1208300 0 0 COCA COLA CO COMMON 191216100 435 8332 SH SOLE 8332 0 0 COLLAGENEX PHARMACEUTICA COMMON 19419B100 7257 659700 SH SOLE 659700 0 0 COPART INC COMMON 217204106 11780 656623 SH SOLE 656623 0 0 CORVAS INTL INC COMMON 221005101 2246 394700 SH SOLE 394700 0 0 COSTAR GROUP INC COMMON 22160N109 4909 215700 SH SOLE 215700 0 0 COUSINS PPTYS INC COMMON 222795106 10678 409899 SH SOLE 409899 0 0 CREDIT ACCEP CORP MICH COMMON 225310101 261 24200 SH SOLE 24200 0 0 DAILY JOURNAL CORP COMMON 233912104 638 22400 SH SOLE 22400 0 0 DIRECT FOCUS INC COMMON 254931108 1370 36000 SH SOLE 36000 0 0 DOR BIOPHARMA INC COMMON 258094101 352 270400 SH SOLE 270400 0 0 DU PONT E I DE NEMOURS & COMMON 263534109 782 16576 SH SOLE 16576 0 0 DURATEK INC COMMON 26658Q102 4304 864300 SH SOLE 864300 0 0 EPIX MEDICAL INC COMMON 26881Q101 2157 170500 SH SOLE 170500 0 0 EPIQ SYS INC COMMON 26882D109 11239 705525 SH SOLE 705525 0 0 EQUINIX INC COMMON 29444U106 4993 4126500 SH SOLE 4126500 0 0 EXPEDITORS INTL WASH INC COMMON 302130109 6917 113400 SH SOLE 113400 0 0 EXXON MOBIL CORP COMMON 30231G102 2543 58013 SH SOLE 58013 0 0 FTI CONSULTING INC COMMON 302941109 6585 212550 SH SOLE 212550 0 0 FEDERAL AGRIC MTG CORP CL C 313148306 17929 402900 SH SOLE 402900 0 0 FIRST AMERN CORP CALIF DBCV 4.500 4/1 318522AD1 2033 2000000 PRN SOLE 2000000 0 0 FIRST DATA CORP COMMON 319963104 10376 118918 SH SOLE 118918 0 0 GENERAL ELEC CO COMMON 369604103 247 6603 SH SOLE 6603 0 0 GLENBOROUGH RLTY TR INC COMMON 37803P105 10830 503739 SH SOLE 503739 0 0 GLOBESPANVIRATA INC COMMON 37957V106 555 37230 SH SOLE 37230 0 0 HEWLETT PACKARD CO COMMON 428236103 266 14834 SH SOLE 14834 0 0 HOTELS COM COMMON 44147T108 2575 43700 SH SOLE 43700 0 0 IMPAX LABS COMMON 45256B101 4698 676933 SH SOLE 676933 0 0 INHALE THERAPEUTIC SYS I SDCV 5.00 02/08 457191AD6 1236 2100000 PRN SOLE 2100000 0 0 INHALE THERAPEUTIC SYS I NOTE 5.000 2/0 457191AF1 795 1350000 PRN SOLE 1350000 0 0 INTEGRAL SYS INC MD COMMON 45810H107 12788 631500 SH SOLE 631500 0 0 INTEL CORP COMMON 458140100 365 12000 SH SOLE 12000 0 0 INTELLICORP INC SERIES C PFD S3 458990249 470 1880 SH SOLE 1880 0 0 INTL PAPER CO COMMON 460146103 230 5346 SH SOLE 5346 0 0 INTERNATIONAL RECTIFIER COMMON 460254105 1748 38500 SH SOLE 38500 0 0 INT'L RECTIFIER (REG'D) NOTE 4.250 7/1 460254AE5 9689 10460000 PRN SOLE 10460000 0 0 INTERNATIONAL SPEEDWAY C CL A 460335201 11813 258500 SH SOLE 258500 0 0 INTERNATIONAL SPEEDWAY C CL B 460335300 1716 37725 SH SOLE 37725 0 0 IONICS INC COMMON 462218108 1545 48200 SH SOLE 48200 0 0 JOHNSON & JOHNSON COMMON 478160104 494 7600 SH SOLE 7600 0 0 KAISER LLC CL A (PRIV) COMMON 483101101 568 378500 SH SOLE 378500 0 0 KAISER VENTURES (TEMP) COMMON 483991105 895 78200 SH SOLE 78200 0 0 KEY TECHNOLOGY INC PFD CONV SER B 493143200 395 73500 SH SOLE 73500 0 0 KRONOS INC COMMON 501052104 16221 345276 SH SOLE 345276 0 0 LIBERTY PPTY TR SH BEN INT 531172104 2322 72000 SH SOLE 72000 0 0 LITTELFUSE INC COMMON 537008104 7300 294700 SH SOLE 294700 0 0 MBNA CORP COMMON 55262L100 12523 324686 SH SOLE 324686 0 0 MANOR CARE INC NEW COMMON 564055101 315 13500 SH SOLE 13500 0 0 MAPINFO CORP COMMON 565105103 8185 818499 SH SOLE 818499 0 0 MAXIM INTEGRATED PRODS I COMMON 57772K101 8457 151800 SH SOLE 151800 0 0 MEDALLION FINL CORP COMMON 583928106 3936 506600 SH SOLE 506600 0 0 MEDQUIST INC COM 584949101 3856 128529 SH SOLE 128529 0 0 MERCK & CO INC COMMON 589331107 213 3700 SH SOLE 3700 0 0 MERCURY COMPUTER SYS COMMON 589378108 8723 272950 SH SOLE 272950 0 0 MICROSOFT CORP COMMON 594918104 302 5000 SH SOLE 5000 0 0 MULTI COLOR CORP COMMON 625383104 3625 241650 SH SOLE 241650 0 0 MYRIAD GENETICS INC COMMON 62855J104 3354 100100 SH SOLE 100100 0 0 NATIONAL DATA CORP NOTE 5.000 11/0 635621AA3 2177 1975000 PRN SOLE 1975000 0 0 NAVIGATORS GROUP INC COMMON 638904102 5006 197100 SH SOLE 197100 0 0 NOVAMETRIX MED SYS INC COMMON 669870107 3183 386700 SH SOLE 386700 0 0 PMR CORP COMMON 693451106 179 85000 SH SOLE 85000 0 0 PENWEST PHARMACEUTICALS COMMON 709754105 9809 505641 SH SOLE 505641 0 0 PHARMACEUTICAL RES INC COMMON 717125108 5251 247800 SH SOLE 247800 0 0 PHILADELPHIA CONS HLDG C COMMON 717528103 2619 65800 SH SOLE 65800 0 0 PHOENIX TECHNOLOGY LTD COMMON 719153108 7658 561000 SH SOLE 561000 0 0 PRE PAID LEGAL SVCS INC COMMON 740065107 8594 300900 SH SOLE 300900 0 0 PRICE T ROWE GROUP INC COMMON 74144T108 265 6800 SH SOLE 6800 0 0 QUOVADX INC COMMON 74913K106 4498 541300 SH SOLE 541300 0 0 RESPIRONICS INC COMMON 761230101 1881 58050 SH SOLE 58050 0 0 ROBBINS & MYERS INC COMMON 770196103 883 32300 SH SOLE 32300 0 0 SRI CORP SDCV 8.750 1/0 784642AA8 883 235000 PRN SOLE 235000 0 0 SAFENET INC COMMON 78645R107 4872 303000 SH SOLE 303000 0 0 SELECTIVE INS GROUP INC COMMON 816300107 513 19200 SH SOLE 19200 0 0 SEPRACOR INC COMMON 817315104 499 25727 SH SOLE 25727 0 0 SEPRACOR INC 144 (SWP) SDCV 7.000 12/1 817315AF1 2819 3895000 PRN SOLE 3895000 0 0 SEPRACOR INC (REG'D) SDCV 7.000 12/1 817315AH7 4701 6495000 PRN SOLE 6495000 0 0 SERACARE LIFE SCIENCES I COMMON 81747Q100 595 100000 SH SOLE 100000 0 0 SEROLOGICALS CORP COMMON 817523103 1846 117800 SH SOLE 117800 0 0 SHELDAHL CO RESTRICTED SALE W/ PROSPECT 822440103 6 12295 SH SOLE 12295 0 0 SILICON VY BANCSHARES COMMON 827064106 8304 274500 SH SOLE 274500 0 0 SUN MICROSYSTEMS INC COMMON 866810104 225 25560 SH SOLE 25560 0 0 SYLVAN LEARNING SYS INC COMMON 871399101 7755 274500 SH SOLE 274500 0 0 SYSTEMS & COMPUTER TECHN SDCV 5.000 10/1 871873AB1 4449 4930000 PRN SOLE 4930000 0 0 TALX CORP COMMON 874918105 5259 328685 SH SOLE 328685 0 0 TEAM SPORTS ENTMT INC COMMON 87815W101 764 570000 SH SOLE 570000 0 0 TERADYNE INC COMMON 880770102 623 15800 SH SOLE 15800 0 0 TEXAS BIOTECHNOLOGY CORP COMMON 88221T104 1595 259400 SH SOLE 259400 0 0 TRANSWITCH CORP COMMON 894065101 325 99800 SH SOLE 99800 0 0 UNION PAC CORP COMMON 907818108 774 12458 SH SOLE 12458 0 0 UNITED DOMINION REALTY T COMMON 910197102 848 53562 SH SOLE 53562 0 0 UNITEDHEALTH GROUP INC COMMON 91324P102 2552 33400 SH SOLE 33400 0 0 VALASSIS COMMUNICATIONS COMMON 918866104 7591 196500 SH SOLE 196500 0 0 VALUEVISION INTL INC CL A 92047K107 5919 285238 SH SOLE 285238 0 0 VICAL INC COMMON 925602104 1688 182500 SH SOLE 182500 0 0 VIRAGE LOGIC CORP COMMON 92763R104 5463 358700 SH SOLE 358700 0 0 VISUAL NETWORKS INC COMMON 928444108 1142 388300 SH SOLE 388300 0 0 VITESSE SEMICONDUCTOR CO COMMON 928497106 438 44738 SH SOLE 44738 0 0 YOUTHSTREAM MEDIA NETWOR COMMON 987819109 745 1309100 SH SOLE 1309100 0 0 CARLISLE HLDGS LTD ORD P21277101 456 178704 SH SOLE 178704 0 0
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