Fund HoldingsHerald Investment Management Ltd

Total Portfolio Value
$765.53M
Total Bought
$73.71M
Total Sold
$80.98M
Net Transaction
-$7.27M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
Vicor Corp(VICR)250,000245,000-5,00012,40826,8503.51%+14,442
DigitalOcean Holdings Inc(DOCN)0202,000+202,00009,7081.27%+9,708
Tower Semiconductor Ltd(TSEM)198,000180,000-18,00014,31321,0962.76%+6,783
ePlus Inc(PLUS)075,000+75,00006,5580.86%+6,558
Viavi Solutions Inc(VIAV)0275,000+275,00004,9010.64%+4,901
Braze Inc(BRZE)0125,000+125,00004,2860.56%+4,286
Electrovaya Inc1,265,0001,440,000+175,0007,45111,3331.48%+3,882
Power Integrations Inc(POWI)38,000150,000+112,0001,5275,3300.70%+3,803
Micron Technology Inc(MU)36,00033,500-2,5006,0249,5581.25%+3,534
Powell Industries Inc(POWL)010,000+10,00003,1850.42%+3,185
CSG Systems International Inc041,240+41,24003,1590.41%+3,159
Vishay Precision Group Inc(VPG)150,000190,000+40,0004,7977,3170.96%+2,520
JFrog Ltd(FROG)250,000230,000-20,00011,82314,3411.87%+2,518
Arteris Inc(AIP)400,000400,00004,0366,1920.81%+2,156
Allient Inc040,000+40,00002,1400.28%+2,140
FormFactor Inc(FORM)118,300108,300-10,0004,3086,0370.79%+1,728
Novanta Inc(NOVT)25,00035,000+10,0002,5034,1640.54%+1,661
Alkami Technology Inc(ALKT)400,000500,000+100,0009,93611,5401.51%+1,604
Alphabet Inc(GOOG)50,20044,100-6,10012,20213,8011.80%+1,599
Pegasystems Inc(PEGA)703,600703,600040,44341,9985.49%+1,555
Digi International Inc(DGII)100,000120,000+20,0003,6465,1950.68%+1,549
Intellicheck Inc1,000,000975,569-24,4315,1606,4880.85%+1,328
AvePoint Inc700,000850,000+150,00010,50011,8071.54%+1,307
PDF Solutions Inc(PDFS)200,000225,000+25,0005,1646,4190.84%+1,255
Amazon.com Inc(AMZN)46,40049,400+3,00010,18611,4031.49%+1,216
UiPath Inc(PATH)161,280202,280+41,0002,1583,3110.43%+1,153
Climb Global Solutions Inc50,00075,000+25,0006,7417,7091.01%+968
Red Violet Inc(RDVT)200,000200,000010,45211,3841.49%+932
Bel Fuse Inc30,00030,00004,2315,0800.66%+850
CTS Corp(CTS)100,000110,000+10,0003,9944,7140.62%+720
nLight Inc(LASR)250,000215,000-35,0007,4088,0561.05%+649
Simulations Plus Inc200,000200,00003,0163,6420.48%+626
Mesa Laboratories Inc50,00050,00003,3413,9160.51%+575
Kulicke & Soffa Industries Inc(KLIC)296,100276,100-20,00012,03412,5681.64%+535
M-Tron Industries Inc55,00067,000+12,0003,0353,5560.46%+521
SPS Commerce Inc(SPSC)55,00070,000+15,0005,7266,2390.82%+513
Five9 Inc(FIVN)282,000362,000+80,0006,8277,2540.95%+427
Teradyne Inc(TER)20,60016,600-4,0002,8353,2100.42%+376
Apple Inc(AAPL)20,40020,40005,1925,5460.72%+353
Bel Fuse Inc7,5007,50008721,1330.15%+260
First Advantage Corp(FA)365,000400,000+35,0005,6175,8040.76%+187
CI&T Inc450,000600,000+150,0002,3182,4420.32%+125
Kyndryl Holdings Inc(KD)67,00080,000+13,0002,0112,1250.28%+113
Zoom Communications Inc(ZM)25,91025,91002,1372,2360.29%+99
Freshworks Inc(FRSH)190,000190,00002,2332,3280.30%+95
Intel Corp(INTC)19,00019,00006377010.09%+64
Qualys Inc(QLYS)65,00065,00008,6048,6311.13%+27
Workiva Inc(WK)50,00050,00004,3034,3180.56%+15
Silicon Laboratories Inc(SLAB)27,50027,50003,6063,5900.47%-16
Everspin Technologies Inc800,000800,00007,4167,3920.97%-24
Texas Instruments Inc(TXN)4,1004,10007537110.09%-42
RADCOM Ltd300,000325,000+25,0004,2724,2150.55%-57
QuickLogic Corp730,379730,37904,4194,3600.57%-58
Ooma Inc260,000260,00003,1173,0450.40%-73
Rimini Street Inc850,0001,000,000+150,0003,9783,8700.51%-108
Microsoft Corp(MSFT)24,30025,800+1,50012,58612,4771.63%-109
N-Able Inc413,000413,00003,2173,0850.40%-132
ADTRAN Holdings Inc200,000200,00001,8741,7380.23%-136
Arrow Electronics Inc15,20015,20001,8381,6750.22%-162
Check Point Software Technologies Ltd(CHKP)9,2009,20001,9041,7050.22%-199
Aware Inc/MA430,000430,00001,0117960.10%-215
Harmonic Inc(HLIT)785,000785,00007,9997,7641.01%-235
Aviat Networks Inc155,000155,00003,5543,3140.43%-240
Himax Technologies Inc(HIMX)400,000400,00003,5283,2760.43%-252
Dynatrace Inc(DT)50,00050,00002,4232,1670.28%-256
Bandwidth Inc(BAND)210,000210,00003,5013,2450.42%-256
Genasys Inc750,000700,000-50,0001,8231,4980.20%-324
Valens Semiconductor Ltd950,000950,00001,7011,3400.17%-361
Forrester Research Inc150,000150,00001,5891,2170.16%-372
Veeco Instruments Inc(VECO)200,000200,00006,0885,7100.75%-378
Silicom Ltd125,000125,00002,2111,8050.24%-406
Kopin Corp2,000,0001,900,000-100,0004,8604,4270.58%-433
Franklin Covey Co(FC)175,000175,00003,3972,9330.38%-464
Freightos Ltd500,000500,00001,6351,1400.15%-495
Advanced Micro Devices Inc(AMD)30,92020,720-10,2005,0014,4370.58%-565
Onespan Inc200,000200,00003,1782,5680.34%-610
Commerce.com Inc700,000700,00003,4932,8770.38%-616
Ceva Inc(CEVA)450,000520,000+70,00011,88511,1961.46%-689
SimilarWeb Ltd600,000645,465+45,4655,5804,8540.63%-726
Silicon Motion Technology Corp(SIMO)384,906384,906036,39735,6424.66%-754
HealthStream Inc(HSTM)190,000200,000+10,0005,3664,6100.60%-756
Ouster Inc(OUST)190,000200,000+10,0005,1344,3260.57%-808
Digital Turbine Inc(APPS)600,000600,00003,8402,9940.39%-846
Arista Networks Inc(ANET)22,70018,700-4,0003,3082,4490.32%-858
Access Newswire Inc90,0000-90,0009560-956
Vertex Inc(VERX)200,000200,00004,9583,9940.52%-964
Ribbon Communications Inc912,869800,000-112,8693,4692,3040.30%-1,165
Descartes Systems Group Inc/The(DSGX)185,000185,000017,42116,2132.12%-1,208
Spire Global Inc386,249386,24904,2372,8850.38%-1,352
RADWARE Ltd(RDWR)675,000675,000017,86716,2542.12%-1,613
Tecogen Inc/Waltham MA446,078420,000-26,0783,8992,0830.27%-1,816
Lantronix Inc400,0000-400,0001,8240-1,824
Inuvo Inc573,7730-573,7732,0140-2,014
Leonardo DRS Inc(DRS)285,000285,000012,9399,7131.27%-3,226
Arlo Technologies Inc(ARLO)1,277,0001,307,000+30,00021,64518,2852.39%-3,360
Cogent Communications Holdings Inc242,600242,60009,3045,2300.68%-4,073
Fabrinet(FN)145,600107,600-38,00053,15348,9406.39%-4,213
AvidXchange Holdings Inc500,0000-500,0004,9750-4,975
Varonis Systems Inc(VRNS)443,500483,500+40,00025,48815,8542.07%-9,634
Super Micro Computer Inc(SMCI)719,500709,500-10,00034,48620,7532.71%-13,733
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