# HERALD INVESTMENT MANAGEMENT Ltd: Form 13F holdings

An institutional investment manager in LONDON. SEC CIK 1512022.

- Quarter ended: 2026-06-30
- Filed: 2026-07-23
- Reported value: $737.3m
- Positions: 92 (92 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1512022/000151202226000006/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [Silicon Motion Technology Corp (SIMO)](/companies/simo.md) | ADR | $49.2m | 6.7% | 147,700 |  | Reduced −220,000 |
| [Celestica Inc (CLS)](/companies/cls.md) | COM | $30.1m | 4.1% | 82,550 |  | Reduced −126,950 |
| [Vicor Corp (VICR)](/companies/vicr.md) | COM | $29.3m | 4.0% | 77,100 |  | Reduced −142,900 |
| Tower Semiconductor Ltd | COM | $25.8m | 3.5% | 99,000 |  | Reduced −67,000 |
| [Kulicke & Soffa Industries Inc (KLIC)](/companies/klic.md) | COM | $23.6m | 3.2% | 176,600 |  | Reduced −67,500 |
| Fabrinet | COM | $23.4m | 3.2% | 41,600 |  | Reduced −58,500 |
| [DigitalOcean Holdings Inc (DOCN)](/companies/docn.md) | COM | $23.2m | 3.1% | 147,500 |  | Reduced −69,500 |
| [Micron Technology Inc (MU)](/companies/mu.md) | COM | $20.8m | 2.8% | 18,100 |  | Reduced −3,400 |
| [Ceva Inc (CEVA)](/companies/ceva.md) | COM | $17.4m | 2.4% | 369,363 |  | Reduced −150,637 |
| [Pegasystems Inc (PEGA)](/companies/pega.md) | COM | $16.6m | 2.3% | 554,450 |  | Reduced −132,150 |
| [Red Violet Inc (RDVT)](/companies/rdvt.md) | COM | $16.2m | 2.2% | 254,250 |  | Added +64,042 |
| [Varonis Systems Inc (VRNS)](/companies/vrns.md) | COM | $16.0m | 2.2% | 380,834 |  | Reduced −82,666 |
| [Alphabet Inc (GOOGL)](/companies/googl.md) | COM | $15.7m | 2.1% | 44,100 |  | Unchanged |
| [Arlo Technologies Inc (ARLO)](/companies/arlo.md) | COM | $15.3m | 2.1% | 1,134,325 |  | Reduced −242,675 |
| [Arteris Inc (AIP)](/companies/aip.md) | COM | $14.4m | 2.0% | 296,800 |  | Reduced −103,200 |
| RADWARE Ltd | COM | $14.1m | 1.9% | 456,817 |  | Reduced −193,183 |
| JFrog Ltd | COM | $14.0m | 1.9% | 153,550 |  | Reduced −46,450 |
| [Vishay Precision Group Inc (VPG)](/companies/vpg.md) | COM | $12.5m | 1.7% | 83,750 |  | Reduced −86,250 |
| [Super Micro Computer Inc (SMCI)](/companies/smci.md) | COM | $12.4m | 1.7% | 421,600 |  | Reduced −277,900 |
| [Amazon.com Inc (AMZN)](/companies/amzn.md) | COM | $11.8m | 1.6% | 49,400 |  | Unchanged |
| [Advanced Micro Devices Inc (AMD)](/companies/amd.md) | COM | $10.9m | 1.5% | 18,820 |  | Reduced −1,900 |
| [Vishay Intertechnology Inc (VSH)](/companies/vsh.md) | COM | $9.7m | 1.3% | 180,475 |  | Reduced −119,525 |
| [Microsoft Corp (MSFT)](/companies/msft.md) | COM | $9.6m | 1.3% | 25,800 |  | Unchanged |
| [Leonardo DRS Inc (DRS)](/companies/drs.md) | COM | $9.4m | 1.3% | 219,500 |  | Reduced −65,500 |
| [PDF Solutions Inc (PDFS)](/companies/pdfs.md) | COM | $8.5m | 1.1% | 119,667 |  | Reduced −80,333 |
| [nLight Inc (LASR)](/companies/lasr.md) | COM | $8.5m | 1.1% | 121,500 |  | Reduced −63,500 |
| [Power Integrations Inc (POWI)](/companies/powi.md) | COM | $8.4m | 1.1% | 100,384 |  | Reduced −74,616 |
| [Bandwidth Inc (BAND)](/companies/band.md) | COM | $7.8m | 1.1% | 124,000 |  | Reduced −51,000 |
| [Five9 Inc (FIVN)](/companies/fivn.md) | COM | $7.6m | 1.0% | 354,500 |  | Reduced −7,500 |
| [Descartes Systems Group Inc/The (DSGX)](/companies/dsgx.md) | COM | $7.5m | 1.0% | 108,000 |  | Reduced −37,000 |
| [Electrovaya Inc (ELVA)](/companies/elva.md) | COM | $7.4m | 1.0% | 704,500 |  | Reduced −445,500 |
| [Teradyne Inc (TER)](/companies/ter.md) | COM | $7.2m | 1.0% | 15,000 |  | Unchanged |
| [Alkami Technology Inc (ALKT)](/companies/alkt.md) | COM | $7.2m | 1.0% | 400,000 |  | Reduced −100,000 |
| [Ouster Inc (OUST)](/companies/oust.md) | COM | $7.2m | 1.0% | 114,500 |  | Reduced −35,500 |
| [Digital Turbine Inc (APPS)](/companies/apps.md) | COM | $7.1m | 1.0% | 550,329 |  | Reduced −37,500 |
| [Apple Inc (AAPL)](/companies/aapl.md) | COM | $7.1m | 1.0% | 24,500 |  | Added +2,200 |
| [Qualys Inc (QLYS)](/companies/qlys.md) | COM | $6.5m | 0.9% | 47,500 |  | Reduced −7,500 |
| [AvePoint Inc (AVPT)](/companies/avpt.md) | COM | $6.4m | 0.9% | 575,250 |  | Reduced −199,750 |
| [Viavi Solutions Inc (VIAV)](/companies/viav.md) | COM | $6.1m | 0.8% | 128,167 |  | Reduced −96,833 |
| [FormFactor Inc (FORM)](/companies/form.md) | COM | $6.0m | 0.8% | 37,650 |  | Reduced −37,650 |
| [Bel Fuse Inc (BELFA)](/companies/belfa.md) | COM | $6.0m | 0.8% | 17,950 |  | Reduced −12,050 |
| [Everspin Technologies Inc (MRAM)](/companies/mram.md) | COM | $5.8m | 0.8% | 241,750 |  | Reduced −358,250 |
| [M-Tron Industries Inc (MPTI)](/companies/mpti.md) | COM | $5.8m | 0.8% | 58,500 |  | Added +3,500 |
| [First Advantage Corp (FA)](/companies/fa.md) | COM | $5.6m | 0.8% | 312,500 |  | Reduced −37,500 |
| [ePlus Inc (PLUS)](/companies/plus.md) | COM | $5.6m | 0.8% | 67,500 |  | Reduced −7,500 |
| [Kopin Corp (KOPN)](/companies/kopn.md) | COM | $5.6m | 0.8% | 1,247,500 |  | Reduced −652,500 |
| [Digi International Inc (DGII)](/companies/dgii.md) | COM | $5.6m | 0.8% | 74,500 |  | Reduced −25,500 |
| [Veeco Instruments Inc (VECO)](/companies/veco.md) | COM | $5.3m | 0.7% | 69,500 |  | Reduced −130,500 |
| [QuickLogic Corp (QUIK)](/companies/quik.md) | COM | $5.2m | 0.7% | 261,500 |  | Reduced −351,047 |
| [Climb Global Solutions Inc (CLMB)](/companies/clmb.md) | COM | $5.1m | 0.7% | 221,836 |  | Reduced −75,000 |
| [CTS Corp (CTS)](/companies/cts.md) | COM | $4.7m | 0.6% | 72,500 |  | Reduced −27,500 |
| [Spire Global Inc (SPIR)](/companies/spir.md) | COM | $4.7m | 0.6% | 253,000 |  | Reduced −87,000 |
| [Novanta Inc (NOVT)](/companies/novt.md) | COM | $4.7m | 0.6% | 28,780 |  | Unchanged |
| RADCOM Ltd | COM | $4.6m | 0.6% | 325,000 |  | Unchanged |
| Silicom Ltd | COM | $4.5m | 0.6% | 95,800 |  | Reduced −27,500 |
| [Harmonic Inc (HLIT)](/companies/hlit.md) | COM | $4.4m | 0.6% | 267,000 |  | Reduced −518,000 |
| [Powell Industries Inc (POWL)](/companies/powl.md) | COM | $4.3m | 0.6% | 15,000 |  | Added +10,000 |
| [Franklin Covey Co (FC)](/companies/fc.md) | COM | $4.3m | 0.6% | 175,000 |  | Unchanged |
| [Mesa Laboratories Inc (MLAB)](/companies/mlab.md) | COM | $4.2m | 0.6% | 42,500 |  | Reduced −7,500 |
| [Allient Inc (ALNT)](/companies/alnt.md) | COM | $4.1m | 0.6% | 40,000 |  | Unchanged |
| [HealthStream Inc (HSTM)](/companies/hstm.md) | COM | $4.1m | 0.6% | 150,000 |  | Unchanged |
| [SPS Commerce Inc (SPSC)](/companies/spsc.md) | COM | $4.0m | 0.5% | 70,000 |  | Unchanged |
| SimilarWeb Ltd | COM | $4.0m | 0.5% | 645,465 |  | Unchanged |
| [Himax Technologies Inc (HIMX)](/companies/himx.md) | ADR | $3.9m | 0.5% | 252,000 |  | Reduced −148,000 |
| Simulations Plus Inc | COM | $3.7m | 0.5% | 200,000 |  | Unchanged |
| [Vertex Inc (VERX)](/companies/verx.md) | COM | $3.4m | 0.5% | 300,000 |  | Added +100,000 |
| [Cogent Communications Holdings Inc (CCOI)](/companies/ccoi.md) | COM | $3.4m | 0.5% | 242,600 |  | Unchanged |
| CI&T Inc | COM | $3.3m | 0.4% | 1,000,000 |  | Added +475,000 |
| [Arrow Electronics Inc (ARW)](/companies/arw.md) | COM | $3.2m | 0.4% | 15,200 |  | Unchanged |
| [UiPath Inc (PATH)](/companies/path.md) | COM | $3.2m | 0.4% | 296,280 |  | Added +94,000 |
| [Arista Networks Inc (ANET)](/companies/anet.md) | COM | $3.2m | 0.4% | 18,700 |  | Unchanged |
| [Commerce.com Inc (CMRC)](/companies/cmrc.md) | COM | $3.1m | 0.4% | 1,060,000 |  | Added +360,000 |
| [Avnet Inc (AVT)](/companies/avt.md) | COM | $2.9m | 0.4% | 33,000 |  | Unchanged |
| [Ooma Inc (OOMA)](/companies/ooma.md) | COM | $2.9m | 0.4% | 150,000 |  | Unchanged |
| [ADTRAN Holdings Inc (ADTN)](/companies/adtn.md) | COM | $2.8m | 0.4% | 200,000 |  | Unchanged |
| [Silicon Laboratories Inc (SLAB)](/companies/slab.md) | COM | $2.7m | 0.4% | 12,500 |  | Reduced −15,000 |
| [Braze Inc (BRZE)](/companies/brze.md) | COM | $2.7m | 0.4% | 125,000 |  | Unchanged |
| [Intel Corp (INTC)](/companies/intc.md) | COM | $2.7m | 0.4% | 19,000 |  | Unchanged |
| [Zoom Communications Inc (ZM)](/companies/zm.md) | COM | $2.2m | 0.3% | 25,910 |  | Unchanged |
| [Dynatrace Inc (DT)](/companies/dt.md) | COM | $2.2m | 0.3% | 50,000 |  | Unchanged |
| [Tecogen Inc/Waltham MA (TGEN)](/companies/tgen.md) | COM | $2.2m | 0.3% | 420,000 |  | Unchanged |
| Valens Semiconductor Ltd | COM | $2.1m | 0.3% | 950,000 |  | Unchanged |
| [Freshworks Inc (FRSH)](/companies/frsh.md) | COM | $1.9m | 0.3% | 190,000 |  | Unchanged |
| [Rimini Street Inc (RMNI)](/companies/rmni.md) | COM | $1.5m | 0.2% | 350,000 |  | Reduced −650,000 |
| [Bel Fuse Inc (BELFA)](/companies/belfa.md) | COM | $1.5m | 0.2% | 5,000 |  | Unchanged |
| [Intellicheck Inc (IDN)](/companies/idn.md) | COM | $1.2m | 0.2% | 300,000 |  | Reduced −519,816 |
| [Texas Instruments Inc (TXN)](/companies/txn.md) | COM | $1.2m | 0.2% | 4,100 |  | Unchanged |
| Check Point Software Technologies Ltd | COM | $1.2m | 0.2% | 9,200 |  | Unchanged |
| [Aviat Networks Inc (AVNW)](/companies/avnw.md) | COM | $1.2m | 0.2% | 53,000 |  | Reduced −102,000 |
| [Kyndryl Holdings Inc (KD)](/companies/kd.md) | COM | $904.8k | 0.1% | 80,000 |  | Unchanged |
| Freightos Ltd | COM | $735.0k | <0.1% | 500,000 |  | Unchanged |
| [Aware Inc/MA (AWRE)](/companies/awre.md) | COM | $311.3k | <0.1% | 234,058 |  | Reduced −195,942 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| CSG Systems International Inc | COM | $0 | 0.0% | 0 |  | Sold out −41,240 |
| [Genasys Inc (GNSS)](/companies/gnss.md) | COM | $0 | 0.0% | 0 |  | Sold out −419,370 |
| M-Tron Industries Inc | RIGHT | $0 | 0.0% | 0 |  | Sold out −55,000 |
| [N-Able Inc (NABL)](/companies/nabl.md) | COM | $0 | 0.0% | 0 |  | Sold out −63,000 |
| [Ribbon Communications Inc (RBBN)](/companies/rbbn.md) | COM | $0 | 0.0% | 0 |  | Sold out −100,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001512022-26-000006. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.