SEC 13F Intelligence

Managers / Q1 2019 · view latest →

HERALD INVESTMENT MANAGEMENT Ltd

CIK 0001512022 · 10-11 CHARTERHOUSE SQUARE, LONDON, EC1M 6EE · 0207 553 6300

Reported Value
$393M
Q1 2019
Positions
97
Filings on Record
30
2019–present window
Filed
May 14, 2019
original filing

Summary

Herald Investment Management Ltd reported $393M in U.S.-listed holdings across 97 positions for Q1 2019.

Its largest position, Mellanox Technologies, represents 5.8% of the portfolio.

Compared with Q4 2018, the fund opened 9 new positions and exited 2.

Portfolio Metrics

Turnover
+2.8%
vs prior filed quarter
Top-10 Concentration
+43.5%
share of reported value
Largest Position
+5.8%
Mellanox Technologies
New / Exited
9 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $312MQ4 ’18Q1 ’19: $393MQ2 ’19: $359MQ3 ’19: $336MQ4 ’19: $392MQ4 ’19Q1 ’20: $330MQ2 ’20: $428MQ3 ’20: $464MQ4 ’20: $561MQ4 ’20Q1 ’21: $575MQ2 ’21: $614MQ3 ’21: $608MQ4 ’21: $616MQ4 ’21Q1 ’22: $549MQ2 ’22: $431MQ3 ’22: $406MQ2 ’23: $515MQ2 ’23Q3 ’23: $470MQ4 ’23: $524MQ1 ’24: $617MQ2 ’24: $610MQ2 ’24Q3 ’24: $580MQ4 ’24: $611MQ1 ’25: $533MQ2 ’25: $674MQ2 ’25Q3 ’25: $751MQ4 ’25: $766MQ1 ’26: $718Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.7%Other: 27.9%ADR: 7.4%
  • Common Stock · 64.7% · $255M
  • Other · 27.9% · $110M
  • ADR · 7.4% · $29M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CLDRCloudera IncNEW+599.9K599.9K+$7M$7M
EGANeGain CorpNEW+125.0K125.0K+$1M$1M
APPSDigital Turbine IncNEW+280.0K280.0K+$977,000$977,000
Fusion Connect IncNEW+700.0K700.0K+$917,000$917,000
BANDBandwidth IncNEW+12.4K12.4K+$832,000$832,000
DASAN Zhone Solutions IncNEW+71.8K71.8K+$756,000$756,000
Ctrip.com International LtdNEW+16.6K16.6K+$725,000$725,000
MCHXMarchex IncNEW+137.3K137.3K+$649,000$649,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

97 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Mellanox Technologies LtdCOM5.79%$23M192.3K
2Attunity LtdCOM5.69%$22M954.2K
3PEGAPegasystems Inchistory →COM5.54%$22M335.3K
4RADWARE LtdCOM5.12%$20M770.0K
5DSGXDescartes Systems Group Inc/Thehistory →COM4.42%$17M478.0K
6LivePerson IncCOM3.69%$15M500.0K
7SIMOSilicon Motion Technology Corphistory →ADR3.68%$14M365.2K
8WIFIBoingo Wireless Inchistory →COM3.67%$14M619.0K
9FIVNFive9 Inchistory →COM3.17%$12M236.0K
10Mimecast LtdCOM2.71%$11M225.0K
11TEUMPareteum Corphistory →COM2.35%$9M2.04M
12CEVACeva Inchistory →COM2.32%$9M338.4K
13FabrinetCOM2.21%$9M166.0K
14Amber Road IncCOM2.01%$8M910.0K
15VSATViaSat Inchistory →COM1.97%$8M100.0K
16Alteryx IncCOM1.92%$8M90.0K
17VRNSVaronis Systems Inchistory →COM1.86%$7M122.8K
1851job IncADR1.86%$7M94.0K
19QLYSQualys Inchistory →COM1.83%$7M87.3K
20Quantenna Communications IncCOM1.74%$7M281.7K
21CLDRCloudera Inchistory →COM1.67%$7M599.9K
22Bottomline Technologies de IncCOM1.64%$6M128.8K
23IPHIInphi Corphistory →COM1.45%$6M130.0K
24SPSCSPS Commerce Inchistory →COM1.35%$5M50.0K
25CyberArk Software LtdCOM1.24%$5M41.0K
26IRDMIridium Communications Inchistory →COM1.21%$5M180.0K
27HYGSHydrogenics Corphistory →COM1.10%$4M550.0K
28Brightcove IncCOM1.01%$4M471.0K
29SMCIUSDSuper Micro Computer IncCOM1.00%$4M186.0K
30OSPNVASCO Data Security International IncCOM0.98%$4M200.0K
31MSFTMicrosoft CorpCOM0.92%$4M30.6K
32AKTSQAkoustis Technologies IncCOM0.85%$3M578.6K
33YELPYelp IncCOM0.79%$3M90.0K
34AAPLApple IncCOM0.78%$3M16.1K
35Pluralsight IncCOM0.75%$3M92.6K
36GOOGLAlphabet IncCOM0.70%$3M2.4K
37HLITHarmonic IncCOM0.69%$3M500.0K
38RPDRapid7 IncCOM0.67%$3M52.1K
39Adesto Technologies CorpCOM0.66%$3M431.0K
40Celestica IncCOM0.64%$3M300.0K
41MRAMEverspin Technologies IncCOM0.64%$3M330.0K
42MANHManhattan Associates IncCOM0.64%$3M45.5K
43XLNXEURXilinx IncCOM0.61%$2M19.0K
44ACMRACM Research IncCOM0.59%$2M150.0K
45MeetMe IncCOM0.57%$2M450.0K
46Fitbit IncCOM0.56%$2M375.0K
47LTRXLantronix IncCOM0.54%$2M706.4K
48AMZNAmazon.com IncCOM0.53%$2M1.2K
49Model N IncCOM0.49%$2M111.0K
50BLDPBallard Power Systems IncCOM0.49%$2M640.0K
51Silicom LtdCOM0.49%$2M50.0K
52AMDAdvanced Micro Devices IncCOM0.46%$2M70.6K
53CDNSCadence Design Systems IncCOM0.40%$2M25.0K
54KLICKulicke & Soffa Industries IncCOM0.39%$2M69.8K
55AQAquantia CorpCOM0.38%$1M165.0K
56Check Point Software Technologies LtdCOM0.37%$1M11.4K
57Tower Semiconductor LtdCOM0.37%$1M87.0K
58IMOSChipMOS TECHNOLOGIES INCCOM0.36%$1M83.5K
59China Distance Education Holdings LtdADR0.36%$1M206.5K
60MTLSMaterialise NVCOM0.35%$1M87.5K
61Atlassian Corp PLCCOM0.34%$1M12.0K
62EGANeGain CorpCOM0.33%$1M125.0K
63TGENTecogen Inc/Waltham MACOM0.31%$1M321.1K
64Safeguard Scientifics IncCOM0.31%$1M111.0K
65RADCOM LtdCOM0.30%$1M161.0K
66ACCSIssuer Direct CorpCOM0.29%$1M90.0K
67TERTeradyne IncCOM0.28%$1M28.0K
68IDNIntellicheck IncCOM0.28%$1M315.0K
69AKAMAkamai Technologies IncCOM0.28%$1M15.2K
70MUMicron Technology IncCOM0.26%$1M25.0K
71INTCIntel CorpCOM0.26%$1M19.0K
72APPSDigital Turbine IncCOM0.25%$977,000280.0K
73Fusion Connect IncCOM0.23%$917,000700.0K
74NeoPhotonics CorpCOM0.22%$880,000140.0K
75BANDBandwidth IncCOM0.21%$832,00012.4K
76TSMTaiwan Semiconductor Manufacturing Co LtdADR0.20%$778,00019.0K
77OSSOne Stop Systems IncCOM0.20%$775,000380.0K
78DASAN Zhone Solutions IncCOM0.19%$756,00071.8K
79Ctrip.com International LtdADR0.18%$725,00016.6K
80BABAAlibaba Group Holding LtdADR0.18%$693,0003.8K
81AXTIAXT IncCOM0.17%$667,000150.0K
82MCHXMarchex IncCOM0.17%$649,000137.3K
83QCOMQUALCOMM IncCOM0.15%$581,00010.2K
84LASRnLight IncCOM0.14%$556,00025.0K
8558.com IncCOM0.13%$525,0008.0K
86VERIVeritone IncCOM0.12%$468,00090.0K
87TOP Image Systems LtdCOM0.11%$419,000500.0K
88WDCWestern Digital CorpCOM0.10%$405,0008.4K
89SPRTEURsupport.com IncCOM0.08%$323,000143.3K
90Digimarc CorpCOM0.08%$312,00010.0K
91GSUMGridsum Holding IncCOM0.07%$292,000100.0K
92AEHRAehr Test SystemsCOM0.07%$270,000200.0K
93LDOSLeidos Holdings IncCOM0.07%$263,0004.1K
94NVDANVIDIA CorpCOM0.07%$260,0001.4K
95STTOSITO Mobile LtdCOM0.06%$223,000125.0K
96Alpha & Omega Semiconductor LtdCOM0.05%$215,00018.8K
97ASURAsure Software IncCOM0.03%$126,00020.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$718M97May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$766M97Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$751M94Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$674M94Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$533M95May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$611M94Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$580M94Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$610M96Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$617M98May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$524M98Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$470M101Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$515M100Jul 25, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review96May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review96Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$406M102Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$431M105Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$549M107May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$616M102Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$608M102Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$614M100Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$575M100May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$561M94Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$464M96Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$428M94Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$330M93May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$392M90Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$336M88Nov 21, 201913F-HRchanges · EDGAR ↗
Q2 2019$359M92Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$393M97May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$312M90Feb 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.