Herald Investment Management 13F filings and top holdings and stakes

Herald Investment Management as of June 30, 2011

Portfolio Holdings for Herald Investment Management

Herald Investment Management holds 4 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker)	Portfolio Weight	Valued At	Share Count	Share Price
Apple	36.3	$873k	2.6k	335.77
Google Inc Cl A	34.1	$820k	1.6k	506.17
F5 Networks	20.6	$496k	4.5k	110.22
Volterra Semiconductor Corp	9.0	$217k	8.8k	24.66

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