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Portfolio (Quarterly) Guide ↗

HERALD INVESTMENT MANAGEMENT Ltd

· CIK 0001512022
13F Portfolio $737M AUM 92 positions Filed Jul 23, 2026 EDGAR ↗ ← All Funds
Q2 2026 · All 92 New
Page 2 of 5  ·  92 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 AMD Advanced Micro Devices Inc Technology 18,820.0 $10.9M 1.48% NEW $580.16 -19.9%
22 VSH Vishay Intertechnology Inc Technology 180,475.0 $9.7M 1.32% NEW $53.77 -41.2%
23 MSFT Microsoft Corp Technology 25,800.0 $9.6M 1.30% NEW $372.77 +29.3%
24 DRS Leonardo DRS Inc Industrials 219,500.0 $9.4M 1.27% NEW $42.69 -4.3%
25 PDFS PDF Solutions Inc Technology 119,667.0 $8.5M 1.15% NEW $70.72 -37.0%
26 LASR nLight Inc Technology 121,500.0 $8.5M 1.15% NEW $69.58 -32.8%
27 POWI Power Integrations Inc Technology 100,384.0 $8.4M 1.14% NEW $83.73 -34.5%
28 BAND Bandwidth Inc Technology 124,000.0 $7.8M 1.06% NEW $63.25 -24.5%
29 FIVN Five9 Inc Technology 354,500.0 $7.6M 1.02% NEW $21.31 +51.9%
30 DSGX Descartes Systems Group Inc/The Technology 108,000.0 $7.5M 1.01% NEW $69.23 +12.1%
31 Electrovaya Inc 704,500.0 $7.4M 1.00% NEW $10.45
32 TER Teradyne Inc Technology 15,000.0 $7.2M 0.98% NEW $483.23 -21.1%
33 ALKT Alkami Technology Inc Technology 400,000.0 $7.2M 0.98% NEW $18.11 +10.0%
34 Ouster Inc 114,500.0 $7.2M 0.97% NEW $62.46
35 APPS Digital Turbine Inc Technology 550,329.0 $7.1M 0.96% NEW $12.89 -16.6%
36 AAPL Apple Inc Technology 24,500.0 $7.1M 0.96% NEW $289.09 +8.8%
37 QLYS Qualys Inc Technology 47,500.0 $6.5M 0.89% NEW $137.34 +33.8%
38 AVPT AvePoint Inc Technology 575,250.0 $6.4M 0.88% NEW $11.21 +16.9%
39 VIAV Viavi Solutions Inc Technology 128,167.0 $6.1M 0.83% NEW $47.76 -19.6%
40 FORM FormFactor Inc Technology 37,650.0 $6.0M 0.82% NEW $159.95 -27.8%
Page 2 of 5  ·  92 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 87.1%
Industrials 5.8%
Communication Services 4.3%
Consumer Cyclical 1.7%
Healthcare 1.1%