HERALD INVESTMENT MANAGEMENT Ltd
SEC Form 13F institutional filer · CIK 0001512022
13F-HR · 13 reported holdings · 2026-03-31
Reported long-US-equity value
$0.09B
Top-10 concentration
95.9%
HERALD INVESTMENT MANAGEMENT Ltd — $88.7M AUM allocation strategy
HERALD INVESTMENT MANAGEMENT Ltd files SEC Form 13F and reports $88.7M of long US equity value across 13 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 57.5%, followed by Consumer Discretionary 25.9% and Communication Services 14.3%.
The top 10 holdings account for 96% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
HERALD INVESTMENT MANAGEMENT Ltd — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$88.7M
total across 13 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
96% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$MU −12K sh · −$2.3M−$SMCI −10K sh · −$4.83M−$TER −1.6K sh · +$1.23M
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Technology Hardware, Storage & Peripherals24.3%—
- Semiconductors14.8%—
- Homebuilding14.3%—
- Interactive Media & Services14.3%—
- Broadline Retail11.6%—
- Systems Software10.8%—
- Semiconductor Materials & Equipment5.0%—
- Communications Equipment2.6%—
- Other holdings2.3%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SMCI | Super Micro Computer Inc | 700K | $15.9M | -10K | 18.0% |
| $DHI | D.R. Horton Inc | 285K | $12.7M | +0 | 14.3% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 44.1K | $12.7M | +0 | 14.3% |
| $AMZN | Amazon.com Inc | 49.4K | $10.3M | +0 | 11.6% |
| $MSFT | Microsoft Corporation | 25.8K | $9.55M | +0 | 10.8% |
| $MU | Micron Technology Inc | 21.5K | $7.26M | -12K | 8.2% |
| $AAPL | Apple Inc | 22.3K | $5.66M | +1.9K | 6.4% |
| $TER | Teradyne Inc | 15K | $4.44M | -1.6K | 5.0% |
| $AMD | Advanced Micro Devices Inc | 20.7K | $4.21M | +0 | 4.7% |
| $ANET | Arista Networks Inc | 18.7K | $2.3M | +0 | 2.6% |
…and 3 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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