HERALD INVESTMENT MANAGEMENT Ltd Q2 2025 Filing
Filed July 22, 2025
Portfolio Value
$674.3B
Holdings
94
Report Date
Q2 2025
Filing Type
13F-HR
All Holdings (94 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | CLSCelestica Inc | 390,700 | $61.0B | 9.05% | |
| 2 | FNFabrinet | 154,600 | $45.5B | 6.75% | |
| 3 | PEGAPegasystems Inc | 703,600 | $38.1B | 5.65% | |
| 4 | SMCISuper Micro Computer Inc | 754,500 | $37.0B | 5.48% | |
| 5 | SIMOSilicon Motion Technology Corp | 384,906 | $28.9B | 4.28% | |
| 6 | VRNSVaronis Systems Inc | 443,500 | $22.5B | 3.34% | |
| 7 | ARLOArlo Technologies Inc | 1,277,000 | $21.6B | 3.21% | |
| 8 | RDWRRADWARE Ltd | 675,000 | $19.8B | 2.94% | |
| 9 | DSGDescartes Systems Group Inc/The | 185,000 | $18.8B | 2.79% | |
| 10 | CYBRCyberArk Software Ltd | 42,300 | $17.2B | 2.55% | |
| 11 | DRSLeonardo DRS Inc | 300,000 | $13.9B | 2.07% | |
| 12 | AVPTAvePoint Inc | 700,000 | $13.5B | 2.00% | |
| 13 | MSFTMicrosoft Corp | 24,300 | $12.1B | 1.79% | |
| 14 | FROGJFrog Ltd | 250,000 | $11.0B | 1.63% | |
| 15 | VICRVicor Corp | 230,000 | $10.4B | 1.55% | |
| 16 | KLICKulicke & Soffa Industries Inc | 296,100 | $10.2B | 1.52% | |
| 17 | AMZNAmazon.com Inc | 46,400 | $10.2B | 1.51% | |
| 18 | OGM1Cogent Communications Holdings Inc | 207,600 | $10.0B | 1.48% | |
| 19 | RDVTRed Violet Inc | 200,000 | $9.8B | 1.46% | |
| 20 | QLYSQualys Inc | 65,000 | $9.3B | 1.38% | |
| 21 | GOOGLAlphabet Inc | 50,200 | $8.8B | 1.31% | |
| 22 | CEVACeva Inc | 400,000 | $8.8B | 1.30% | |
| 23 | TSEMTower Semiconductor Ltd | 198,000 | $8.6B | 1.27% | |
| 24 | HLITHarmonic Inc | 785,000 | $7.4B | 1.10% | |
| 25 | FIVNFive9 Inc | 262,000 | $6.9B | 1.03% | |
| 26 | SPSCSPS Commerce Inc | 47,500 | $6.5B | 0.96% | |
| 27 | FAFirst Advantage Corp | 347,873 | $5.8B | 0.86% | |
| 28 | ALKTAlkami Technology Inc | 180,000 | $5.4B | 0.80% | |
| 29 | IDNIntellicheck Inc | 1,000,000 | $5.3B | 0.79% | |
| 30 | HSTMHealthStream Inc | 190,000 | $5.3B | 0.78% | |
| 31 | LASRnLight Inc | 260,000 | $5.1B | 0.76% | |
| 32 | AVDXAvidXchange Holdings Inc | 500,000 | $4.9B | 0.73% | |
| 33 | BASECouchbase Inc | 200,000 | $4.9B | 0.72% | |
| 34 | OUSTOuster Inc | 200,000 | $4.8B | 0.72% | |
| 35 | CLMBClimb Global Solutions Inc | 45,000 | $4.8B | 0.71% | |
| 36 | SMWBSimilarWeb Ltd | 600,000 | $4.7B | 0.70% | |
| 37 | SPIRSpire Global Inc | 386,249 | $4.6B | 0.68% | |
| 38 | QUIKQuickLogic Corp | 730,379 | $4.5B | 0.66% | |
| 39 | MUMicron Technology Inc | 36,000 | $4.4B | 0.66% | |
| 40 | AMDAdvanced Micro Devices Inc | 30,920 | $4.4B | 0.65% | |
| 41 | ELVAElectrovaya Inc | 1,265,000 | $4.3B | 0.64% | |
| 42 | PDFSPDF Solutions Inc | 200,000 | $4.3B | 0.63% | |
| 43 | MRAMEverspin Technologies Inc | 675,000 | $4.2B | 0.63% | |
| 44 | VPGVishay Precision Group Inc | 150,000 | $4.2B | 0.62% | |
| 45 | AAPLApple Inc | 20,400 | $4.2B | 0.62% | |
| 46 | FMFFormFactor Inc | 118,300 | $4.1B | 0.60% | |
| 47 | VECOVeeco Instruments Inc | 200,000 | $4.1B | 0.60% | |
| 48 | FCFranklin Covey Co | 175,000 | $4.0B | 0.59% | |
| 49 | VERXVertex Inc | 110,000 | $3.9B | 0.58% | |
| 50 | AVNWAviat Networks Inc | 155,000 | $3.7B | 0.55% | |
| 51 | RDCMRADCOM Ltd | 275,000 | $3.7B | 0.55% | |
| 52 | RBBNRibbon Communications Inc | 912,869 | $3.7B | 0.54% | |
| 53 | APPSDigital Turbine Inc | 600,000 | $3.5B | 0.52% | |
| 54 | FAROFARO Technologies Inc | 80,000 | $3.5B | 0.52% | |
| 55 | OOMAOoma Inc | 260,000 | $3.4B | 0.50% | |
| 56 | NABLN-Able Inc | 413,000 | $3.3B | 0.50% | |
| 57 | BANDBandwidth Inc | 210,000 | $3.3B | 0.50% | |
| 58 | OSPNOnespan Inc | 200,000 | $3.3B | 0.49% | |
| 59 | RMNIRimini Street Inc | 850,000 | $3.2B | 0.48% | |
| 60 | CMRCBigCommerce Holdings Inc | 625,000 | $3.1B | 0.46% | |
| 61 | BELFBBel Fuse Inc | 30,000 | $2.9B | 0.43% | |
| 62 | AIPArteris Inc | 300,000 | $2.9B | 0.42% | |
| 63 | KDKyndryl Holdings Inc | 67,000 | $2.8B | 0.42% | |
| 64 | DGIIDigi International Inc | 80,000 | $2.8B | 0.41% | |
| 65 | DTDynatrace Inc | 50,000 | $2.8B | 0.41% | |
| 66 | CINTCI&T Inc | 450,000 | $2.7B | 0.40% | |
| 67 | INUVInuvo Inc | 577,500 | $2.7B | 0.39% | |
| 68 | LTRXLantronix Inc | 900,000 | $2.6B | 0.38% | |
| 69 | VLNValens Semiconductor Ltd | 950,000 | $2.5B | 0.37% | |
| 70 | KOPNKopin Corp | 1,535,000 | $2.3B | 0.35% | |
| 71 | ANETArista Networks Inc | 22,700 | $2.3B | 0.34% | |
| 72 | TGENTecogen Inc/Waltham MA | 321,078 | $2.2B | 0.33% | |
| 73 | PWIPower Integrations Inc | 38,000 | $2.1B | 0.31% | |
| 74 | PATHUiPath Inc | 161,280 | $2.1B | 0.31% | |
| 75 | HIMXHimax Technologies Inc | 230,000 | $2.1B | 0.30% | |
| 76 | CHKPCheck Point Software Technologies Ltd | 9,200 | $2.0B | 0.30% | |
| 77 | ZMZoom Communications Inc | 25,910 | $2.0B | 0.30% | |
| 78 | ARWArrow Electronics Inc | 15,200 | $1.9B | 0.29% | |
| 79 | SILCSilicom Ltd | 125,000 | $1.9B | 0.28% | |
| 80 | TERTeradyne Inc | 20,600 | $1.9B | 0.27% | |
| 81 | ADTNADTRAN Holdings Inc | 200,000 | $1.8B | 0.27% | |
| 82 | FORRForrester Research Inc | 150,000 | $1.5B | 0.22% | |
| 83 | MPTIM-Tron Industries Inc | 35,000 | $1.5B | 0.22% | |
| 84 | FRSHFreshworks Inc | 90,000 | $1.3B | 0.20% | |
| 85 | GNSSGenasys Inc | 750,000 | $1.3B | 0.19% | |
| 86 | CRGOFreightos Ltd | 500,000 | $1.2B | 0.18% | |
| 87 | MLABMesa Laboratories Inc | 12,500 | $1.2B | 0.17% | |
| 88 | ACCSIssuer Direct Corp | 90,000 | $1.1B | 0.16% | |
| 89 | TXNTexas Instruments Inc | 4,100 | $850.8M | 0.13% | |
| 90 | AWREAware Inc/MA | 430,000 | $808.4M | 0.12% | |
| 91 | CDNSCadence Design Systems Inc | 2,500 | $769.9M | 0.11% | |
| 92 | TTECTTEC Holdings Inc | 140,000 | $673.4M | 0.10% | |
| 93 | BELFABel Fuse Inc | 7,500 | $669.8M | 0.10% | |
| 94 | INTCIntel Corp | 19,000 | $425.2M | 0.06% |