Herald Investment Management’s Commerce.com Inc Series 1 CMRC Stock Holding History

Herald Investment Management’s Portfolio CMRC Stock Details CMRC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.86M	Hold	700,000	–	–	0.26%	80
2025 Q4	$2.88M	Hold	700,000	–	–	0.38%	75
2025 Q3	$3.49M	Buy	700,000 +75,000	+12%	+$361K	0.47%	61
2025 Q2	$3.13M	Hold	625,000	–	–	0.46%	60
2025 Q1	$3.6M	Buy	625,000 +125,000	+25%	+$794K	0.68%	40
2024 Q4	$3.06M	Buy	500,000 +150,000	+43%	+$938K	0.5%	51
2024 Q3	$2.05M	Hold	350,000	–	–	0.35%	69
2024 Q2	$2.81M	Hold	350,000	–	–	0.46%	54
2024 Q1	$2.4M	Buy	+350,000	New	+$2.81M	0.39%	60

Other funds holding CMRC

Lynrock Lake LP Rye Brook, New York $1.46B AUM 17.55% 1-Year Est. Return

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Divisar Capital Management San Francisco, California $392M AUM 108.45% 1-Year Est. Return

Acadian Asset Management

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

Pale Fire Capital SE Prague, Czech Republic $1.14B AUM 42.87% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Ameriprise Minneapolis, Minnesota $431B AUM 30.22% 1-Year Est. Return

AQR Capital Management

AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return

S Squared Technology New York $264M AUM 73.25% 1-Year Est. Return