Herald Investment Management as of Dec. 31, 2025
Portfolio Holdings for Herald Investment Management
Herald Investment Management holds 97 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Celestica (CLS) | 8.9 | $68M | 230k | 295.74 | |
| Fabrinet (FN) | 6.4 | $49M | 108k | 454.83 | |
| Pegasystems (PEGA) | 5.5 | $42M | 704k | 59.69 | |
| Silicon Motion Technology Corp Adr (SIMO) | 4.7 | $36M | 385k | 92.60 | |
| Vicor Corporation (VICR) | 3.5 | $27M | 245k | 109.59 | |
| Tower Semiconductor (TSEM) | 2.8 | $21M | 180k | 117.20 | |
| Super Micro Computer Inc Com Usd0.001 (SMCI) | 2.7 | $21M | 710k | 29.25 | |
| Arlo Technologies (ARLO) | 2.4 | $18M | 1.3M | 13.99 | |
| Radware Ltd ord (RDWR) | 2.1 | $16M | 675k | 24.08 | |
| Descartes Sys Grp (DSGX) | 2.1 | $16M | 185k | 87.64 | |
| Varonis Sys (VRNS) | 2.1 | $16M | 484k | 32.79 | |
| Jfrog (FROG) | 1.9 | $14M | 230k | 62.35 | |
| Alphabet Inc Class A cs (GOOGL) | 1.8 | $14M | 44k | 312.94 | |
| Kulicke and Soffa Industries (KLIC) | 1.6 | $13M | 276k | 45.52 | |
| Microsoft Corporation (MSFT) | 1.6 | $13M | 26k | 483.60 | |
| Apex Technology Acqui-cl A (AVPT) | 1.5 | $12M | 850k | 13.89 | |
| Alkami Technology (ALKT) | 1.5 | $12M | 500k | 23.08 | |
| Amazon (AMZN) | 1.5 | $11M | 49k | 230.82 | |
| Red Violet (RDVT) | 1.5 | $11M | 200k | 56.92 | |
| Electrovaya (ELVA) | 1.5 | $11M | 1.4M | 7.87 | |
| Ceva (CEVA) | 1.5 | $11M | 520k | 21.53 | |
| D R S Technologies (DRS) | 1.3 | $9.7M | 285k | 34.08 | |
| Digitalocean Hldgs (DOCN) | 1.3 | $9.7M | 202k | 48.06 | |
| Micron Technology (MU) | 1.2 | $9.6M | 34k | 285.31 | |
| Qualys (QLYS) | 1.1 | $8.6M | 65k | 132.78 | |
| Nlight (LASR) | 1.1 | $8.1M | 215k | 37.47 | |
| Harmonic (HLIT) | 1.0 | $7.8M | 785k | 9.89 | |
| Wayside Technology (CLMB) | 1.0 | $7.7M | 75k | 102.79 | |
| Everspin Technologies (MRAM) | 1.0 | $7.4M | 800k | 9.24 | |
| Vishay Precision (VPG) | 1.0 | $7.3M | 190k | 38.51 | |
| Five9 (FIVN) | 0.9 | $7.3M | 362k | 20.04 | |
| ePlus (PLUS) | 0.9 | $6.6M | 75k | 87.44 | |
| Intellicheck Mobilisa (IDN) | 0.8 | $6.5M | 976k | 6.65 | |
| PDF Solutions (PDFS) | 0.8 | $6.4M | 225k | 28.53 | |
| SPS Commerce (SPSC) | 0.8 | $6.2M | 70k | 89.13 | |
| Arteris (AIP) | 0.8 | $6.2M | 400k | 15.48 | |
| FormFactor (FORM) | 0.8 | $6.0M | 108k | 55.74 | |
| First Advantage Corp (FA) | 0.8 | $5.8M | 400k | 14.51 | |
| Veeco Instruments (VECO) | 0.7 | $5.7M | 200k | 28.55 | |
| Apple (AAPL) | 0.7 | $5.5M | 20k | 271.84 | |
| Power Integrations (POWI) | 0.7 | $5.3M | 150k | 35.53 | |
| Cogent Communications (CCOI) | 0.7 | $5.2M | 243k | 21.56 | |
| Digi International (DGII) | 0.7 | $5.2M | 120k | 43.29 | |
| Bel Fuse (BELFB) | 0.7 | $5.1M | 30k | 169.34 | |
| Viavi Solutions Inc equities (VIAV) | 0.6 | $4.9M | 275k | 17.82 | |
| Similarweb (SMWB) | 0.6 | $4.9M | 646k | 7.52 | |
| CTS Corporation (CTS) | 0.6 | $4.7M | 110k | 42.85 | |
| HealthStream (HSTM) | 0.6 | $4.6M | 200k | 23.05 | |
| Advanced Micro Devices (AMD) | 0.6 | $4.4M | 21k | 214.12 | |
| Kopin Corporation (KOPN) | 0.6 | $4.4M | 1.9M | 2.33 | |
| Quicklogic Corp. (QUIK) | 0.6 | $4.4M | 730k | 5.97 | |
| Ouster (OUST) | 0.6 | $4.3M | 200k | 21.63 | |
| Workiva Inc equity us cm (WK) | 0.6 | $4.3M | 50k | 86.35 | |
| Braze (BRZE) | 0.6 | $4.3M | 125k | 34.29 | |
| Radcom (RDCM) | 0.6 | $4.2M | 325k | 12.97 | |
| Novanta (NOVT) | 0.5 | $4.2M | 35k | 118.97 | |
| Vertex (VERX) | 0.5 | $4.0M | 200k | 19.97 | |
| Mesa Laboratories (MLAB) | 0.5 | $3.9M | 50k | 78.31 | |
| Rimini Str Inc Del (RMNI) | 0.5 | $3.9M | 1.0M | 3.87 | |
| Simulations Plus (SLP) | 0.5 | $3.6M | 200k | 18.21 | |
| Silicon Laboratories (SLAB) | 0.5 | $3.6M | 28k | 130.54 | |
| M-tron Inds (MPTI) | 0.5 | $3.6M | 67k | 53.08 | |
| Aviat Networks (AVNW) | 0.4 | $3.3M | 155k | 21.38 | |
| Uipath Inc Cl A (PATH) | 0.4 | $3.3M | 202k | 16.37 | |
| Himax Technologies Adr (HIMX) | 0.4 | $3.3M | 400k | 8.19 | |
| Bandwidth (BAND) | 0.4 | $3.2M | 210k | 15.45 | |
| Teradyne (TER) | 0.4 | $3.2M | 17k | 193.38 | |
| Powell Industries (POWL) | 0.4 | $3.2M | 10k | 318.51 | |
| CSG Systems International (CSGS) | 0.4 | $3.2M | 41k | 76.61 | |
| N-able (NABL) | 0.4 | $3.1M | 413k | 7.47 | |
| Ooma (OOMA) | 0.4 | $3.0M | 260k | 11.71 | |
| Digital Turbine (APPS) | 0.4 | $3.0M | 600k | 4.99 | |
| Franklin Covey (FC) | 0.4 | $2.9M | 175k | 16.76 | |
| Spire Global (SPIR) | 0.4 | $2.9M | 386k | 7.47 | |
| Bigcommerce Hldgs (CMRC) | 0.4 | $2.9M | 700k | 4.11 | |
| Onespan (OSPN) | 0.3 | $2.6M | 200k | 12.84 | |
| Arista Networks (ANET) | 0.3 | $2.4M | 19k | 130.98 | |
| Ci&t (CINT) | 0.3 | $2.4M | 600k | 4.07 | |
| Freshworks (FRSH) | 0.3 | $2.3M | 190k | 12.25 | |
| Ribbon Communication (RBBN) | 0.3 | $2.3M | 800k | 2.88 | |
| Zoom Video Communications In cl a (ZM) | 0.3 | $2.2M | 26k | 86.29 | |
| Dynatrace (DT) | 0.3 | $2.2M | 50k | 43.33 | |
| Allied Motion Technologies (ALNT) | 0.3 | $2.1M | 40k | 53.51 | |
| Kyndryl Holdings Ord Wi (KD) | 0.3 | $2.1M | 80k | 26.56 | |
| Tecogen (TGEN) | 0.3 | $2.1M | 420k | 4.96 | |
| Silicom (SILC) | 0.2 | $1.8M | 125k | 14.44 | |
| Adtran Holdings (ADTN) | 0.2 | $1.7M | 200k | 8.69 | |
| Checkpoint Systems | 0.2 | $1.7M | 9.2k | 185.28 | |
| Arrow Electronics (ARW) | 0.2 | $1.7M | 15k | 110.21 | |
| Genasys (GNSS) | 0.2 | $1.5M | 700k | 2.14 | |
| Valens Semiconductor (VLN) | 0.2 | $1.3M | 950k | 1.41 | |
| Forrester Research (FORR) | 0.2 | $1.2M | 150k | 8.11 | |
| Freightos | 0.1 | $1.1M | 500k | 2.28 | |
| Bel Fuse (BELFA) | 0.1 | $1.1M | 7.5k | 151.00 | |
| Aware (AWRE) | 0.1 | $796k | 430k | 1.85 | |
| Texas Instruments Incorporated (TXN) | 0.1 | $711k | 4.1k | 173.45 | |
| Intel Corporation (INTC) | 0.1 | $701k | 19k | 36.91 |
