Instuitional Investor - Herald Investment Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Celestica Inc	CLS	209,500	$58,934,445	8.21%
2.	Fabrinet	FN	100,100	$52,187,135	7.27%
3.	Silicon Motion Technology Corp	SIMO	367,700	$41,292,710	5.75%
4.	Vicor Corp	VICR	220,000	$35,393,600	4.93%
5.	Pegasystems Inc	PEGA	686,600	$29,221,696	4.07%