We are live on ! Find out more
HIM

Herald Investment Management Portfolio holdings

AUM $737M
1-Year Est. Return 158.15%
This Fund
S&P 500
This Quarter Est. Return
+36.71%
1 Year Est. Return
+158.15%
3 Year Est. Return
+492.71%
5 Year Est. Return
+678.49%
10 Year Est. Return
+5,574.93%
AUM
$674M
AUM Growth
+$141M
Cap. Flow
-$11.5M
Cap. Flow %
-1.71%
Top 10 Hldgs %
46.03%
Holding
96
New
1
Increased
11
Reduced
6
Closed
2

Top Buys

Rank Stock Value
1
SMWB icon
Similarweb
SMWB
+$2.25M
2
TGEN
Tecogen Inc
TGEN
+$1.67M
3
CEVA icon
CEVA Inc
CEVA
+$1.67M
4
SPIR icon
Spire Global
SPIR
+$1.58M
5
FIVN icon
FIVE9
FIVN
+$1.34M

Top Sells

Rank Stock Value
1
LGTY
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
+$11.7M
2
CLS icon
Celestica
CLS
+$3.45M
3
FN icon
Fabrinet
FN
+$3.32M
4
AKAM icon
Akamai
AKAM
+$1.22M
5
RDWR icon
Radware
RDWR
+$1.18M

Sector Composition

Rank Sector Weight
1 Technology 85.04%
2 Industrials 8.16%
3 Communication Services 3.74%
4 Consumer Discretionary 1.51%
5 Healthcare 0.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPSC icon
26
SPS Commerce
SPSC
$2.64B
$6.46M 0.96%
47,500
– –
FA icon
27
First Advantage
FA
$4.12B
$5.78M 0.86%
347,873
+47,873
+16% +$773K
ALKT icon
28
Alkami Technology
ALKT
$2.11B
$5.43M 0.8%
180,000
+30,000
+20% +$834K
IDN icon
29
Intellicheck
IDN
$79.6M
$5.35M 0.79%
1,000,000
– –
HSTM icon
30
HealthStream
HSTM
$840M
$5.25M 0.78%
190,000
– –
LASR icon
31
nLIGHT
LASR
$3.17B
$5.11M 0.76%
260,000
– –
AVDX
32
DELISTED
AvidXchange
AVDX
$4.89M 0.73%
500,000
– –
BASE
33
DELISTED
Couchbase
BASE
$4.88M 0.72%
200,000
– –
OUST icon
34
Ouster
OUST
$2.92B
$4.85M 0.72%
200,000
– –
CLMB icon
35
Climb Global Solutions
CLMB
$519M
$4.82M 0.71%
180,000
+20,000
+13% +$528K
SMWB icon
36
Similarweb
SMWB
$658M
$4.71M 0.7%
600,000
+300,000
+100% +$2.25M
SPIR icon
37
Spire Global
SPIR
$555M
$4.6M 0.68%
386,249
+156,249
+68% +$1.58M
QUIK icon
38
QuickLogic
QUIK
$257M
$4.47M 0.66%
730,379
– –
MU icon
39
Micron Technology
MU
$991B
$4.43M 0.66%
36,000
– –
AMD icon
40
Advanced Micro Devices
AMD
$789B
$4.39M 0.65%
30,920
– –
ELVA
41
Electrovaya
ELVA
$481M
$4.31M 0.64%
1,265,000
+85,000
+7% +$250K
PDFS icon
42
PDF Solutions
PDFS
$2.07B
$4.27M 0.63%
200,000
– –
MRAM icon
43
Everspin Technologies
MRAM
$405M
$4.24M 0.63%
675,000
+75,000
+13% +$424K
VPG icon
44
Vishay Precision Group
VPG
$914M
$4.21M 0.62%
150,000
– –
AAPL icon
45
Apple
AAPL
$4.57T
$4.18M 0.62%
20,400
-4,600
-18% -$929K
FORM icon
46
FormFactor
FORM
$9.17B
$4.06M 0.6%
118,300
– –
VECO icon
47
Veeco
VECO
$3.23B
$4.06M 0.6%
200,000
– –
FC icon
48
Franklin Covey
FC
$246M
$3.99M 0.59%
175,000
– –
VERX icon
49
Vertex
VERX
$1.94B
$3.89M 0.58%
110,000
– –
AVNW icon
50
Aviat Networks
AVNW
$273M
$3.72M 0.55%
155,000
– –
1
2
3 4

Similar funds

QI
Qtron Investments Boston, Massachusetts $738M AUM 32.56% 1-Year Est. Return
TWP
TFO Wealth Partners Maumee, Ohio $735M AUM 21.07% 1-Year Est. Return
CT
Colonial Trust Spartanburg, South Carolina $735M AUM 18% 1-Year Est. Return
SI
Seeds Investor New York $735M AUM 17.54% 1-Year Est. Return
HCP
Holt Capital Partners Fort Worth, Texas $742M AUM 18.42% 1-Year Est. Return
GFI
Global Frontier Investments Charleston, South Carolina $732M AUM 8.6% 1-Year Est. Return
IA
Intellus Advisors Naples, Florida $732M AUM 29.73% 1-Year Est. Return
KAM
Knightsbridge Asset Management Newport Beach, California $743M AUM 28.33% 1-Year Est. Return

Herald Investment Management's Q2 2025 Portfolio in Review

As of Q2 2025, Herald Investment Management held 96 positions worth $674M, up 26% from $533M the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Trading was light in Q2 2025: portfolio turnover was 3.1%. Herald Investment Management opened 1 new position and exited 2, leaving the 96-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 85% of assets, up from 85% a quarter earlier, followed by Industrials and Communication Services.

  • Herald Investment Management's largest Q2 2025 buy was Tecogen Inc: 321,078 shares worth $2.19M.
  • Herald Investment Management added most to Similarweb in Q2 2025, an estimated $2.25M increase.
  • Herald Investment Management's biggest Q2 2025 reduction was Celestica, cutting an estimated $3.45M.
  • Herald Investment Management fully exited Logility Supply Chain Solutions, Inc. Common Stock in Q2 2025, selling an estimated $11.7M.
  • Herald Investment Management's ten largest holdings make up 46% of its $674M portfolio in Q2 2025.
  • Herald Investment Management opened 1 new position and closed 2 in Q2 2025.
  • Herald Investment Management's portfolio value rose 26% quarter-over-quarter to $674M.

Based on Herald Investment Management's 13F filing for Q2 2025, filed 22 Jul 2025.