HERALD INVESTMENT MANAGEMENT LTD
Q3 2023 Form 13-F
LONDON
CIK 0001512022
· Institutional investment manager
$470.4M Reported Value Total
Reported value
$470.4M
Quarter over quarter
-4.9%
Holdings
101
Top-10 concentration
44.6%
Key People
Named on the latest Form 13-F filing — not necessarily an owner
Mehul Bhudia
Head of Compliance
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
13F Metrics
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Q3 2023 13F record
Q3 2023 13F filing summary
| Period of report | September 30, 2023 |
|---|---|
| Filed | November 13, 2023 |
| Form | 13F-HR |
| Reported value | $470.4M |
| Positions | 101 |
| Change in reported value | -8.7% |
| New positions | 5 |
| Exited positions | 4 |
| Position turnover | 8.6% |
| Top-10 concentration | 44.6% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 5, 2026
|
0 | $0 |
|
Q2 2026 13F
Filed Jul 23, 2026
|
92 | $737.3M |
|
Q1 2026 13F
Filed May 13, 2026
|
97 | $717.6M |
|
Q4 2025 13F
Filed Feb 13, 2026
|
97 | $765.5M |
|
Q3 2025 13F
Filed Nov 7, 2025
|
94 | $750.7M |
|
Q2 2025 13F
Filed Jul 22, 2025
|
94 | $674.3M |
|
Q1 2025 13F
Filed May 12, 2025
|
95 | $533.0M |
|
Q4 2024 13F
Filed Feb 13, 2025
|
94 | $610.9M |
|
Q3 2024 13F
Filed Nov 13, 2024
|
94 | $580.4M |
|
Q2 2024 13F
Filed Aug 9, 2024
|
96 | $610.2M |
|
Q1 2024 13F
Filed May 13, 2024
|
98 | $616.8M |
|
Q4 2023 13F
Filed Feb 14, 2024
|
98 | $523.5M |
|
Q3 2023 13F
Filed Nov 13, 2023
|
101 | $470.4M |
|
Q2 2023 13F
Filed Jul 25, 2023
|
100 | $514.9M |
|
Q1 2023 13F
Filed May 4, 2023
|
96 | $450.1M |
|
Q4 2022 13F
Filed Feb 14, 2023
|
96 | $407.4M |
|
Q3 2022 13F
Filed Nov 7, 2022
|
102 | $405.6M |
|
Q2 2022 13F
Filed Aug 4, 2022
|
105 | $430.5M |
|
Q1 2022 13F
Filed May 16, 2022
|
107 | $549.1M |
|
Q4 2021 13F
Filed Feb 15, 2022
|
102 | $616.4M |
33 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q3 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SMCI Super Micro Computer Inc | $60.3M | 12.83% |
| 2 | FN Fabrinet | $32.1M | 6.83% |
| 3 | SIMO Silicon Motion Technology Corp | $19.7M | 4.19% |
| 4 | DSGX Descartes Systems Group Inc/The | $19.1M | 4.06% |
| 5 | VRNS Varonis Systems Inc | $15.4M | 3.26% |
| 6 | PEGA Pegasystems Inc | $14.2M | 3.01% |
| 7 | RDWR RADWARE Ltd | $14.0M | 2.97% |
| 8 | SPSC SPS Commerce Inc | $11.9M | 2.54% |
| 9 | QLYS Qualys Inc | $11.6M | 2.47% |
| 10 | ARLO Arlo Technologies Inc | $11.2M | 2.39% |
| 11 | CLSXXXX Celestica Inc | $11.0M | 2.34% |
| 12 | COI Cogent Communications Holdings Inc | $10.5M | 2.24% |
| 13 | AVID Avid Technology Inc | $8.7M | 1.86% |
| 14 | VICR Vicor Corp | $8.2M | 1.75% |
| 15 | KLIC Kulicke & Soffa Industries Inc | $8.1M | 1.72% |
| 16 | MSFT Microsoft Corp | $8.0M | 1.71% |
| 17 | CYBR CyberArk Software Ltd | $6.7M | 1.43% |
| 18 | CEVA Ceva Inc | $6.3M | 1.34% |
| 19 | HLIT Harmonic Inc | $6.3M | 1.33% |
| 20 | GOOGL Alphabet Inc | $6.1M | 1.3% |
Values as reported on the Q3 2023 Form 13F. Every position is in the holdings table below.