HERALD INVESTMENT MANAGEMENT Ltd Q1 2025 Filing

Filed May 12, 2025

Portfolio Value

$533.0B

Holdings

95

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (95 positions)

#StockSharesValue% PortfolioType
1
FNFabrinet
169,500$33.5B6.28%
2
CLSCelestica Inc
423,200$33.3B6.26%
3
SMCISuper Micro Computer Inc
754,500$25.8B4.85%
4
PEGAPegasystems Inc
351,800$24.4B4.58%
5
SIMOSilicon Motion Technology Corp
384,906$19.5B3.65%
6
DSGDescartes Systems Group Inc/The
185,000$18.6B3.50%
7
VRNSVaronis Systems Inc
443,500$17.9B3.36%
8
RDWRRADWARE Ltd
725,000$15.6B2.93%
9
CYBRCyberArk Software Ltd
42,300$14.3B2.68%
10
ARLOArlo Technologies Inc
1,277,000$12.6B2.36%
11
OGM1Cogent Communications Holdings Inc
200,600$12.3B2.31%
12
AMSWAUSDLogility Supply Chain Solutions Inc
823,655$11.7B2.20%
13
VICRVicor Corp
230,000$10.8B2.02%
14
DRSLeonardo DRS Inc
320,000$10.5B1.97%
15
AVPTAvePoint Inc
700,000$10.1B1.90%
16
MSFTMicrosoft Corp
26,745$10.0B1.88%
17
KLICKulicke & Soffa Industries Inc
296,100$9.8B1.83%
18
AMZNAmazon.com Inc
46,400$8.8B1.66%
19
CEVACeva Inc
325,000$8.3B1.56%
20
QLYSQualys Inc
65,000$8.2B1.54%
21
FROGJFrog Ltd
250,000$8.0B1.50%
22
GOOGLAlphabet Inc
50,200$7.8B1.46%
23
HLITHarmonic Inc
785,000$7.5B1.41%
24
RDVTRed Violet Inc
200,000$7.5B1.41%
25
TSEMTower Semiconductor Ltd
198,000$7.0B1.32%
26
SPSCSPS Commerce Inc
47,500$6.3B1.18%
27
HSTMHealthStream Inc
190,000$6.1B1.15%
28
FIVNFive9 Inc
210,600$5.7B1.07%
29
AAPLApple Inc
25,000$5.6B1.04%
30
FCFranklin Covey Co
175,000$4.8B0.90%
31
CLMBClimb Global Solutions Inc
40,000$4.4B0.83%
32
AVDXAvidXchange Holdings Inc
500,000$4.2B0.80%
33
FAFirst Advantage Corp
300,000$4.2B0.79%
34
VECOVeeco Instruments Inc
200,000$4.0B0.75%
35
ALKTAlkami Technology Inc
150,000$3.9B0.74%
36
VERXVertex Inc
110,000$3.8B0.72%
37
PDFSPDF Solutions Inc
200,000$3.8B0.72%
38
QUIKQuickLogic Corp
730,379$3.7B0.70%
39
VPGVishay Precision Group Inc
150,000$3.6B0.68%
40
CMRCBigCommerce Holdings Inc
625,000$3.6B0.68%
41
RBBNRibbon Communications Inc
912,869$3.6B0.67%
42
OOMAOoma Inc
260,000$3.4B0.64%
43
FMFFormFactor Inc
118,300$3.3B0.63%
44
AMDAdvanced Micro Devices Inc
30,920$3.2B0.60%
45
BASECouchbase Inc
200,000$3.1B0.59%
46
RDCMRADCOM Ltd
275,000$3.1B0.59%
47
MUMicron Technology Inc
36,000$3.1B0.59%
48
MRAMEverspin Technologies Inc
600,000$3.1B0.57%
49
OSPNOnespan Inc
200,000$3.0B0.57%
50
IDNIntellicheck Inc
1,000,000$3.0B0.56%
51
AVNWAviat Networks Inc
155,000$3.0B0.56%
52
RMNIRimini Street Inc
850,000$3.0B0.55%
53
NABLN-Able Inc
413,000$2.9B0.55%
54
BANDBandwidth Inc
210,000$2.7B0.52%
55
ELVAElectrovaya Inc
1,180,000$2.7B0.51%
56
SMWBSimilarWeb Ltd
300,000$2.5B0.46%
57
DTDynatrace Inc
50,000$2.4B0.44%
58
BELFBBel Fuse Inc
30,000$2.2B0.42%
59
LTRXLantronix Inc
900,000$2.2B0.42%
60
DGIIDigi International Inc
80,000$2.2B0.42%
61
FAROFARO Technologies Inc
80,000$2.2B0.41%
62
CINTCI&T Inc
355,000$2.1B0.40%
63
KDKyndryl Holdings Inc
67,000$2.1B0.39%
64
CHKPCheck Point Software Technologies Ltd
9,200$2.1B0.39%
65
INUVGBPInuvo Inc
5,775,000$2.1B0.39%
66
AIPArteris Inc
300,000$2.1B0.39%
67
LASRnLight Inc
260,000$2.0B0.38%
68
VLNValens Semiconductor Ltd
950,000$1.9B0.36%
69
PWIPower Integrations Inc
38,000$1.9B0.36%
70
ZMZoom Communications Inc
25,910$1.9B0.36%
71
SPIRSpire Global Inc
230,000$1.9B0.35%
72
SILCSilicom Ltd
125,000$1.8B0.34%
73
OUSTOuster Inc
200,000$1.8B0.34%
74
ANETArista Networks Inc
22,700$1.8B0.33%
75
ADTNADTRAN Holdings Inc
200,000$1.7B0.33%
76
GNSSGenasys Inc
750,000$1.7B0.32%
77
TERTeradyne Inc
20,600$1.7B0.32%
78
HIMXHimax Technologies Inc
230,000$1.7B0.32%
79
PATHUiPath Inc
161,280$1.7B0.31%
80
APPSDigital Turbine Inc
600,000$1.6B0.31%
81
ARWArrow Electronics Inc
15,200$1.6B0.30%
82
MPTIM-Tron Industries Inc
35,000$1.5B0.29%
83
MLABMesa Laboratories Inc
12,500$1.5B0.28%
84
KOPNKopin Corp
1,535,000$1.4B0.27%
85
FORRForrester Research Inc
150,000$1.4B0.26%
86
FRSHFreshworks Inc
90,000$1.3B0.24%
87
AKAMAkamai Technologies Inc
15,200$1.2B0.23%
88
CRGOFreightos Ltd
500,000$1.2B0.22%
89
ACCSIssuer Direct Corp
90,000$794.7M0.15%
90
TXNTexas Instruments Inc
4,100$737.1M0.14%
91
AWREAware Inc/MA
430,000$679.4M0.13%
92
CDNSCadence Design Systems Inc
2,500$635.7M0.12%
93
BELFABel Fuse Inc
7,500$540.4M0.10%
94
TTECTTEC Holdings Inc
140,000$460.6M0.09%
95
INTCIntel Corp
19,000$431.5M0.08%