Filed: 11/7/2025ACC: 0001512022-25-000011
📋 What this filing means
HERALD INVESTMENT MANAGEMENT LTD filed this quarterly 13F‑HR report disclosing 94 equity positions with a total reported market value of $750.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
94
Positions
$750.75M
Total AUM (reported)
30.64M
Total Shares
Allocation by class
COM$710.82M94.7%
ADR$39.92M5.3%
Portfolio Concentration
Top 3$176.08M23.5%
4–10$167.62M22.3%
11–25$160.31M21.4%
Rest$246.74M32.9%
Top 3 weight
23.5%
Top 10 weight
45.8%
Voting Authority Distribution
Total shares with voting rights: 30.64M
Sole
Full voting authority
30.64M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole94
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings94
Rows:
Celestica Inc
SOLEShares335K
TypeSH
Market value$82.49M
10.99%
Sole
335K
Shared
0.00
None
0.00
Fabrinet
SOLEShares145.60K
TypeSH
Market value$53.15M
7.08%
Sole
145.60K
Shared
0.00
None
0.00
Pegasystems Inc
SOLEShares703.60K
TypeSH
Market value$40.44M
5.39%
Sole
703.60K
Shared
0.00
None
0.00
Silicon Motion Technology Corp
SOLEShares384.91K
TypeSH
Market value$36.40M
4.85%
Sole
384.91K
Shared
0.00
None
0.00
Super Micro Computer Inc
SOLEShares719.50K
TypeSH
Market value$34.49M
4.59%
Sole
719.50K
Shared
0.00
None
0.00
Varonis Systems Inc
SOLEShares443.50K
TypeSH
Market value$25.49M
3.40%
Sole
443.50K
Shared
0.00
None
0.00
Arlo Technologies Inc
SOLEShares1.28M
TypeSH
Market value$21.65M
2.88%
Sole
1.28M
Shared
0.00
None
0.00
RADWARE Ltd
SOLEShares675K
TypeSH
Market value$17.87M
2.38%
Sole
675K
Shared
0.00
None
0.00
Descartes Systems Group Inc/The
SOLEShares185K
TypeSH
Market value$17.42M
2.32%
Sole
185K
Shared
0.00
None
0.00
Tower Semiconductor Ltd
SOLEShares198K
TypeSH
Market value$14.31M
1.91%
Sole
198K
Shared
0.00
None
0.00
Leonardo DRS Inc
SOLEShares285K
TypeSH
Market value$12.94M
1.72%
Sole
285K
Shared
0.00
None
0.00
Microsoft Corp
SOLEShares24.30K
TypeSH
Market value$12.59M
1.68%
Sole
24.30K
Shared
0.00
None
0.00
Vicor Corp
SOLEShares250K
TypeSH
Market value$12.41M
1.65%
Sole
250K
Shared
0.00
None
0.00
Alphabet Inc
SOLEShares50.20K
TypeSH
Market value$12.20M
1.63%
Sole
50.20K
Shared
0.00
None
0.00
Kulicke & Soffa Industries Inc
SOLEShares296.10K
TypeSH
Market value$12.03M
1.60%
Sole
296.10K
Shared
0.00
None
0.00
Ceva Inc
SOLEShares450K
TypeSH
Market value$11.88M
1.58%
Sole
450K
Shared
0.00
None
0.00
JFrog Ltd
SOLEShares250K
TypeSH
Market value$11.82M
1.57%
Sole
250K
Shared
0.00
None
0.00
AvePoint Inc
SOLEShares700K
TypeSH
Market value$10.50M
1.40%
Sole
700K
Shared
0.00
None
0.00
Red Violet Inc
SOLEShares200K
TypeSH
Market value$10.45M
1.39%
Sole
200K
Shared
0.00
None
0.00
Amazon.com Inc
SOLEShares46.40K
TypeSH
Market value$10.19M
1.36%
Sole
46.40K
Shared
0.00
None
0.00
Alkami Technology Inc
SOLEShares400K
TypeSH
Market value$9.94M
1.32%
Sole
400K
Shared
0.00
None
0.00
Cogent Communications Holdings Inc
SOLEShares242.60K
TypeSH
Market value$9.30M
1.24%
Sole
242.60K
Shared
0.00
None
0.00
Qualys Inc
SOLEShares65K
TypeSH
Market value$8.60M
1.15%
Sole
65K
Shared
0.00
None
0.00
Harmonic Inc
SOLEShares785K
TypeSH
Market value$8.00M
1.07%
Sole
785K
Shared
0.00
None
0.00
Electrovaya Inc
SOLEShares1.26M
TypeSH
Market value$7.45M
0.99%
Sole
1.26M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Celestica IncSOLE | COM | 335K | SH | $82.49M 10.99% | 335K | 0.00 | 0.00 |
FabrinetSOLE | COM | 145.60K | SH | $53.15M 7.08% | 145.60K | 0.00 | 0.00 |
Pegasystems IncSOLE | COM | 703.60K | SH | $40.44M 5.39% | 703.60K | 0.00 | 0.00 |
Silicon Motion Technology CorpSOLE | ADR | 384.91K | SH | $36.40M 4.85% | 384.91K | 0.00 | 0.00 |
Super Micro Computer IncSOLE | COM | 719.50K | SH | $34.49M 4.59% | 719.50K | 0.00 | 0.00 |
Varonis Systems IncSOLE | COM | 443.50K | SH | $25.49M 3.40% | 443.50K | 0.00 | 0.00 |
Arlo Technologies IncSOLE | COM | 1.28M | SH | $21.65M 2.88% | 1.28M | 0.00 | 0.00 |
RADWARE LtdSOLE | COM | 675K | SH | $17.87M 2.38% | 675K | 0.00 | 0.00 |
Descartes Systems Group Inc/TheSOLE | COM | 185K | SH | $17.42M 2.32% | 185K | 0.00 | 0.00 |
Tower Semiconductor LtdSOLE | COM | 198K | SH | $14.31M 1.91% | 198K | 0.00 | 0.00 |
Leonardo DRS IncSOLE | COM | 285K | SH | $12.94M 1.72% | 285K | 0.00 | 0.00 |
Microsoft CorpSOLE | COM | 24.30K | SH | $12.59M 1.68% | 24.30K | 0.00 | 0.00 |
Vicor CorpSOLE | COM | 250K | SH | $12.41M 1.65% | 250K | 0.00 | 0.00 |
Alphabet IncSOLE | COM | 50.20K | SH | $12.20M 1.63% | 50.20K | 0.00 | 0.00 |
Kulicke & Soffa Industries IncSOLE | COM | 296.10K | SH | $12.03M 1.60% | 296.10K | 0.00 | 0.00 |
Ceva IncSOLE | COM | 450K | SH | $11.88M 1.58% | 450K | 0.00 | 0.00 |
JFrog LtdSOLE | COM | 250K | SH | $11.82M 1.57% | 250K | 0.00 | 0.00 |
AvePoint IncSOLE | COM | 700K | SH | $10.50M 1.40% | 700K | 0.00 | 0.00 |
Red Violet IncSOLE | COM | 200K | SH | $10.45M 1.39% | 200K | 0.00 | 0.00 |
Amazon.com IncSOLE | COM | 46.40K | SH | $10.19M 1.36% | 46.40K | 0.00 | 0.00 |
Alkami Technology IncSOLE | COM | 400K | SH | $9.94M 1.32% | 400K | 0.00 | 0.00 |
Cogent Communications Holdings IncSOLE | COM | 242.60K | SH | $9.30M 1.24% | 242.60K | 0.00 | 0.00 |
Qualys IncSOLE | COM | 65K | SH | $8.60M 1.15% | 65K | 0.00 | 0.00 |
Harmonic IncSOLE | COM | 785K | SH | $8.00M 1.07% | 785K | 0.00 | 0.00 |
Electrovaya IncSOLE | COM | 1.26M | SH | $7.45M 0.99% | 1.26M | 0.00 | 0.00 |
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