Herald Investment Management 13F filings and top holdings and stakes

Herald Investment Management as of March 31, 2012

Portfolio Holdings for Herald Investment Management

Herald Investment Management holds 3 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker)	Portfolio Weight	Valued At	Share Count	Share Price
Apple	55.7	$2.6M	4.3k	599.53
Google Inc Cl A	22.4	$1.0M	1.6k	641.36
F5 Networks	21.9	$1.0M	7.5k	134.93

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