HERALD INVESTMENT MANAGEMENT Ltd
Filing Date
Global Rank
#2,163
/ 8,578
▼ 54
Top Industry
Electronic Components
23.3%
3Y Alpha vs SPY
+9.7%
Period ended 3 months ago
Filed May 13, 2026 · 34d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+124.9%
SPY
+78.1%
Annualised alpha
+9.8%
Max drawdown
−29.6%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
93 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
8.3%
−0.7 pts
Top 5
30.6%
+1.2 pts
Top 10
44.8%
+3.0 pts
HHI
295
Diversified+15
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 86.9% | $616,610,242 |
| Industrials | 7.5% | $53,449,710 |
| Communication Services | 3.0% | $21,203,980 |
| Consumer Cyclical | 1.4% | $10,288,538 |
| Healthcare | 0.8% | $5,470,500 |
| Consumer Defensive | 0.4% | $2,763,250 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
5 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CLMB | Climb Global Solutions, Inc. | +221,836 | 296,836 | $5,883,289 | |
| ARLO | Arlo Technologies, Inc. | +70,000 | 1,377,000 | $19,594,710 | |
| POWI | Power Integrations Inc | +25,000 | 175,000 | $8,960,000 | |
| DOCN | DigitalOcean Holdings, Inc. | +15,000 | 217,000 | $18,614,260 | |
| AAPL | Apple Inc. | +1,900 | 22,300 | $5,659,517 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| RBBN | Ribbon Communications Inc. | −700,000 | 100,000 | $212,000 | |
| NABL | N-able, Inc. | −350,000 | 63,000 | $294,210 | |
| ELVA | Electrovaya Inc. | −290,000 | 1,150,000 | $8,993,000 | |
| GNSS | Genasys Inc. | −280,630 | 419,370 | $763,253 | |
| MRAM | Everspin Technologies Inc. | −200,000 | 600,000 | $5,274,000 | |
| IDN | Intellicheck, Inc. | −155,753 | 819,816 | $5,730,513 | |
| QUIK | QUICKLOGIC Corp | −117,832 | 612,547 | $5,745,690 | |
| OOMA | Ooma Inc | −110,000 | 150,000 | $2,182,500 | |
| CINT | CI&T Inc | −75,000 | 525,000 | $2,661,750 | |
| AVPT | AvePoint, Inc. | −75,000 | 775,000 | $7,370,250 | |
| HSTM | Healthstream Inc | −50,000 | 150,000 | $3,106,500 | |
| FA | First Advantage Corp | −50,000 | 350,000 | $4,116,000 | |
| OUST | Ouster, Inc. | −50,000 | 150,000 | $2,755,500 | |
| VIAV | Viavi Solutions Inc. | −50,000 | 225,000 | $7,488,000 | |
| SPIR | Spire Global, Inc. | −46,249 | 340,000 | $4,277,200 | |
| DSGX | Descartes Systems Group Inc | −40,000 | 145,000 | $10,376,200 | |
| BAND | Bandwidth Inc. | −35,000 | 175,000 | $3,118,500 | |
| FORM | Formfactor Inc | −33,000 | 75,300 | $7,303,347 | |
| KLIC | Kulicke & Soffa Industries Inc | −32,000 | 244,100 | $16,042,252 | |
| FROG | JFrog Ltd | −30,000 | 200,000 | $9,386,000 | |
| LASR | Nlight, Inc. | −30,000 | 185,000 | $10,548,700 | |
| PDFS | Pdf Solutions Inc | −25,000 | 200,000 | $6,542,000 | |
| RDWR | Radware Ltd | −25,000 | 650,000 | $17,108,000 | |
| VICR | Vicor Corp | −25,000 | 220,000 | $35,420,000 | |
| VRNS | Varonis Systems Inc | −20,000 | 463,500 | $9,951,345 | |
| No positions match the current search. | |||||
1 positions ·
$10,288,538 total
· Consumer Cyclical only
· as of Mar 31, 2026
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Healthcare
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Held | 49,400 | $10,288,538 | 100.00% |