# EDGAR Filing Document

**Accession Number:** 0000897070
**File Stem:** 0001072613-23-000053
**Filing Date:** 2023-2
**Character Count:** 10712
**Document Hash:** a5d60a709a8a0a02f5d6127b3a26e730
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001072613-23-000053.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001072613-23-000053

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Oportun Financial Corp
- **CENTRAL INDEX KEY:** 0001538716
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **IRS NUMBER:** 453361983
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91160
- **FILM NUMBER:** 23599995

**BUSINESS ADDRESS:**
- **STREET 1:** 2 CIRCLE STAR WAY
- **CITY:** SAN CARLOS
- **STATE:** CA
- **ZIP:** 94070
- **BUSINESS PHONE:** (650) 810-8823

**MAIL ADDRESS:**
- **STREET 1:** 2 CIRCLE STAR WAY
- **CITY:** SAN CARLOS
- **STATE:** CA
- **ZIP:** 94070

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Progreso Financiero Holdings, Inc.
- **DATE OF NAME CHANGE:** 20120104
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ASHFORD CAPITAL MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0000897070
- **IRS NUMBER:** 510243208
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1 WALKER'S MILL ROAD
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19807
- **BUSINESS PHONE:** 3026551750

**MAIL ADDRESS:**
- **STREET 1:** 1 WALKER'S MILL ROAD
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19807

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G/A**

**Under the Securities Exchange Act of 1934**

&nbsp;&nbsp;&nbsp;&nbsp;**(Amendment No. 1)\***

**Oportun Financial Corp.**

(Name of Issuer)

**Common Stock, $0.0001 Par Value Per Share** 

(Title of Class of Securities)

**68376D104**

(CUSIP Number)

**December 31, 2022**

(Date of Event Which Requires Filing of This Statement)

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

**☒** **Rule 13d-1(b)**

**☐** **Rule 13d-1(c)**

**☐** **Rule 13d-1(d)**

\*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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| | | |
|:---|:---|:---|
| **CUSIP No. 68376D104** | **Schedule 13G** | **Page 2 of 5 Pages** |

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| | | |
|:---|:---|:---|
| **1** | &nbsp;&nbsp;&nbsp;NAME OF REPORTING PERSON:<br>**Ashford Capital Management, Inc.**<br>|  |
| **2** | &nbsp;&nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>| (a) ☐<br> (b) ☐ |
| **3** | &nbsp;&nbsp;&nbsp;SEC USE ONLY<br>|  |
| **4** | &nbsp;&nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION<br>**Delaware** <br>|  |

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| | | |
|:---|:---|:---|
| **NUMBER OF <br> SHARES <br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING<br> PERSON WITH** | **5** | &nbsp;&nbsp;&nbsp;SOLE VOTING POWER<br>**367,190 shares**<br>|
| **NUMBER OF <br> SHARES <br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING<br> PERSON WITH** | **6** | &nbsp;&nbsp;&nbsp;SHARED VOTING POWER<br>**0 Shares**<br>|
| **NUMBER OF <br> SHARES <br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING<br> PERSON WITH** | **7** | &nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER<br>**367,190 shares**<br>|
| **NUMBER OF <br> SHARES <br> BENEFICIALLY<br> OWNED BY EACH<br> REPORTING<br> PERSON WITH** | **8** | &nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER<br>**0 Shares**<br>|

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| | | |
|:---|:---|:---|
| **9** | &nbsp;&nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>**367,190 shares**<br>|  |
| **10** | &nbsp;&nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>| ☐ |
| **11** | &nbsp;&nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>**1.11%**<br>|  |
| **12** | &nbsp;&nbsp;&nbsp;TYPE OF REPORTING PERSON<br>**IA**<br>|  |

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| | | |
|:---|:---|:---|
| **CUSIP No. **68376D104** | **Schedule 13G** | **Page 3 of 5 Pages** |

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**Item 1.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Issuer:

Oportun Financial Corp.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Address of Issuer's Principal Executive Offices:

2 Circle Star Way, San Carlos, CA 94070

**Item 2.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Name of Person Filing:

Ashford Capital Management, Inc.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Address of Principal Business Office or, if none, Residence:

One Walker's Mill Road, Wilmington, DE 19807

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Citizenship: A Delaware Corporation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Title of Class of Securities: Common Stock, $0.0001 Par Value Per Share

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) CUSIP Number: 68376D104

**Item 3.** **If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) □ Broker or dealer registered under
section 15 of the Act

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) □ Bank as defined in section 3(a)(6)
of the Act

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) □ Insurance company as defined in section
3(a)(19) of the Act

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) □ Investment company registered under section 8 of the Investment Company Act
of 1940

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) ⌧ An investment adviser in accordance
with §240.13d-1(b)(1)(ii)(E)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) □ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) □ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) □ A savings association as defined in section 3(b) of the Federal Deposit Insurance
Act

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) □ A church plan that is excluded from the definition of an investment company
under section 3(c)(14) of the Investment Company Act of 1940

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) □ Group, in accordance with §240.13d-1(b)-1(ii)(J)

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| | | |
|:---|:---|:---|
| **CUSIP No. **68376D104** | **Schedule 13G** | **Page 4 of 5 Pages** |

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**Item 4.** **Ownership**

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amount Beneficially Owned: 367,190 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Percent of Class: 1.11%

The foregoing percentage is calculated based on 33,192,703 shares of Common Stock reported to be outstanding as of November 2, 2022 in the Issuer's September 30, 2022 Quarterly Report filed on Form 10-Q.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or to direct the vote: 367,190 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or to direct the vote: 0 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or to direct the disposition of: 367,190 shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or to direct the disposition of: 0 shares

**Item 5.** **Ownership of Five Percent or Less of a Class**

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

**Item 6.** **Ownership of More than Five Percent on Behalf of Another Person**

N/A

**Item 7.** **Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company**

N/A

**Item 8.** **Identification and Classification of Members of the Group**

N/A

**Item 9.** **Notice of Dissolution of Group**

N/A

**Item 10.** **Certification**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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| | | |
|:---|:---|:---|
| **CUSIP No. **68376D104** | **Schedule 13G** | **Page 5 of 5 Pages** |

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**<u>SIGNATURE</u>**

After reasonable inquiry and to the best of its knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 8, 2023

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| | |
|:---|:---|
| **ASHFORD CAPITAL MANAGEMENT, INC.<br>**  | **ASHFORD CAPITAL MANAGEMENT, INC.<br>**  |
| By: | /s/ Anthony M. Petrucci |
|  | Anthony M. Petrucci |
|  | Chief Financial Officer and Chief Compliance Officer |

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