Herald Investment Management Ltd
Institutional manager — quarterly 13F holdings, Q ending 2026-03-31
Reported value
$717.6M
Q ending 2026-03-31
Prior quarter
$765.5M
Q ending 2025-12-31
Change
-6.3% QoQ · +34.6% YoY
Positions
97
reported holdings
Largest positions
All 97 reported positions, Q ending 2026-03-31. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| Celestica Inc | CLS | Shares | $58.9M | 210K |
| Fabrinet | Shares | $52.2M | 100K | |
| Silicon Motion Technology Corp | SIMO | Shares | $41.3M | 368K |
| Vicor Corp | VICR | Shares | $35.4M | 220K |
| Pegasystems Inc | PEGA | Shares | $29.2M | 687K |
| Tower Semiconductor Ltd | Shares | $29.1M | 166K | |
| Arlo Technologies Inc | ARLO | Shares | $19.6M | 1.4M |
| Digitalocean Holdings Inc | DOCN | Shares | $18.6M | 217K |
| Radware Ltd | Shares | $17.1M | 650K | |
| Kulicke & Soffa Industries Inc | KLIC | Shares | $16.0M | 244K |
| Super Micro Computer Inc | SMCI | Shares | $15.9M | 700K |
| Leonardo Drs Inc | DRS | Shares | $12.7M | 285K |
| Alphabet Inc | GOOGL | Shares | $12.7M | 44K |
| Nlight Inc | LASR | Shares | $10.5M | 185K |
| Descartes Systems Group Inc/The | DSGX | Shares | $10.4M | 145K |
| Amazon.Com Inc | AMZN | Shares | $10.3M | 49K |
| Varonis Systems Inc | VRNS | Shares | $10.0M | 464K |
| Ceva Inc | CEVA | Shares | $9.7M | 520K |
| Microsoft Corp | MSFT | Shares | $9.5M | 26K |
| Jfrog Ltd | Shares | $9.4M | 200K | |
| Electrovaya Inc | ELVA | Shares | $9.0M | 1.1M |
| Power Integrations Inc | POWI | Shares | $9.0M | 175K |
| Alkami Technology Inc | ALKT | Shares | $7.8M | 500K |
| Viavi Solutions Inc | VIAV | Shares | $7.5M | 225K |
| Vishay Precision Group Inc | VPG | Shares | $7.4M | 170K |
| Avepoint Inc | AVPT | Shares | $7.4M | 775K |
| Formfactor Inc | FORM | Shares | $7.3M | 75K |
| Micron Technology Inc | MU | Shares | $7.3M | 22K |
| Harmonic Inc | HLIT | Shares | $7.0M | 785K |
| Veeco Instruments Inc | VECO | Shares | $6.8M | 200K |
| Arteris Inc | AIP | Shares | $6.6M | 400K |
| Red Violet Inc | RDVT | Shares | $6.6M | 190K |
| Pdf Solutions Inc | PDFS | Shares | $6.5M | 200K |
| Bel Fuse Inc | BELFB | Shares | $5.9M | 30K |
| Climb Global Solutions Inc | CLMB | Shares | $5.9M | 297K |
| Quicklogic Corp | QUIK | Shares | $5.7M | 613K |
| Silicon Laboratories Inc | SLAB | Shares | $5.7M | 28K |
| Intellicheck Inc | IDN | Shares | $5.7M | 820K |
| Apple Inc | AAPL | Shares | $5.7M | 22K |
| Eplus Inc | PLUS | Shares | $5.6M | 75K |
| Five9 Inc | FIVN | Shares | $5.5M | 362K |
| Vishay Intertechnology Inc | VSH | Shares | $5.4M | 300K |
| Everspin Technologies Inc | MRAM | Shares | $5.2M | 600K |
| Qualys Inc | QLYS | Shares | $4.8M | 55K |
| Digi International Inc | DGII | Shares | $4.8M | 100K |
| Cts Corp | CTS | Shares | $4.8M | 100K |
| Cogent Communications Holdings Inc | CCOI | Shares | $4.6M | 243K |
| Teradyne Inc | TER | Shares | $4.4M | 15K |
| Mesa Laboratories Inc | MLAB | Shares | $4.4M | 50K |
| Kopin Corp | KOPN | Shares | $4.3M | 1.9M |
| Spire Global Inc | SPIR | Shares | $4.3M | 340K |
| Advanced Micro Devices Inc | AMD | Shares | $4.2M | 21K |
| First Advantage Corp | FA | Shares | $4.1M | 350K |
| Radcom Ltd | Shares | $3.9M | 325K | |
| Sps Commerce Inc | SPSC | Shares | $3.9M | 70K |
| M-Tron Industries Inc | MPTI | Shares | $3.7M | 55K |
| Aviat Networks Inc | AVNW | Shares | $3.5M | 155K |
| Novanta Inc | NOVT | Shares | $3.4M | 29K |
| Csg Systems International Inc | Shares | $3.3M | 41K | |
| Rimini Street Inc | RMNI | Shares | $3.3M | 1.0M |
| Himax Technologies Inc | HIMX | Shares | $3.1M | 400K |
| Bandwidth Inc | BAND | Shares | $3.1M | 175K |
| Healthstream Inc | HSTM | Shares | $3.1M | 150K |
| Braze Inc | BRZE | Shares | $3.0M | 125K |
| Ouster Inc | OUST | Shares | $2.8M | 150K |
| Franklin Covey Co | FC | Shares | $2.8M | 175K |
| Powell Industries Inc | POWL | Shares | $2.7M | 5K |
| Ci&T Inc | Shares | $2.6M | 525K | |
| Silicom Ltd | Shares | $2.6M | 123K | |
| Adtran Holdings Inc | ADTN | Shares | $2.5M | 200K |
| Vertex Inc | VERX | Shares | $2.4M | 200K |
| Simulations Plus Inc | SLP | Shares | $2.4M | 200K |
| Allient Inc | ALNT | Shares | $2.4M | 40K |
| Arista Networks Inc | ANET | Shares | $2.3M | 19K |
| Uipath Inc | PATH | Shares | $2.2M | 202K |
| Ooma Inc | OOMA | Shares | $2.2M | 150K |
| Arrow Electronics Inc | ARW | Shares | $2.2M | 15K |
| Zoom Communications Inc | ZM | Shares | $2.1M | 26K |
| Avnet Inc | AVT | Shares | $2.0M | 33K |
| Commerce.Com Inc | CMRC | Shares | $1.9M | 700K |
| Dynatrace Inc | DT | Shares | $1.8M | 50K |
| Digital Turbine Inc | APPS | Shares | $1.7M | 588K |
| Similarweb Ltd | Shares | $1.7M | 645K | |
| Freshworks Inc | FRSH | Shares | $1.5M | 190K |
| Check Point Software Technologies | Shares | $1.3M | 9K | |
| Tecogen Inc/Waltham Ma | TGEN | Shares | $1.1M | 420K |
| Valens Semiconductor Ltd | Shares | $1.1M | 950K | |
| Kyndryl Holdings Inc | KD | Shares | $1.0M | 80K |
| Bel Fuse Inc | BELFA | Shares | $898K | 5K |
| Intel Corp | INTC | Shares | $838K | 19K |
| Freightos Ltd | Shares | $815K | 500K | |
| Texas Instruments Inc | TXN | Shares | $796K | 4K |
| Genasys Inc | GNSS | Shares | $763K | 419K |
| Aware Inc/Ma | AWRE | Shares | $538K | 430K |
| N-Able Inc | NABL | Shares | $294K | 63K |
| Ribbon Communications Inc | RBBN | Shares | $212K | 100K |
| M-Tron Industries Inc | Shares | $116K | 55K |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.