Sign in

Heights Capital Management, Inc.

CIK:0001081698
Hedge Fund
$375M AUM
162 holdings
San Francisco, CA, US
Latest filing:Jun 30, 2025

Heights Capital Management, Inc is a hedge fund headquartered in San Francisco, California. The firm, identified by SEC CIK 0001081698, primarily manages institutional assets and participates in public equity markets. Heights Capital Management is known for its active trading and investment management services. While its founding year and employee count are not disclosed in public filings, the firm regularly files 13F reports with the SEC and manages a portfolio of over $370 million as of Q2 2025. Clients are generally institutional investors and it operates from a prominent business district in San Francisco.

Investment Strategy

Heights Capital Management specializes in managing portfolios of publicly traded securities, with a focus on active trading strategies in equity markets. The firm engages in holding and trading a diverse selection of stocks, frequently adjusting its portfolio to capitalize on market opportunities and trends. SEC filings indicate a dynamic, multi-sector approach targeting high-growth and high-liquidity positions. The fund aims to generate positive absolute returns through disciplined risk management and sector diversification.

Latest 13F Filing Activity

Heights Capital Management, Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 78 equity positions and 4 options positions with a total 13F market value of $375M. The fund increased holdings in Archer Aviation Inc., Flutter Entmt PLC, Nano Nuclear Energy Inc. among other positions. Heights Capital Management, Inc. reduced exposure to Plug Power Inc., Jackson Acquisition Co. II, Humacyte Inc. among others.

Top Buys
A
ACHRARCHER AVIATION INC
+$25.1M
F
FLUTFLUTTER ENTMT PLC
+$18.9M
N
NNENANO NUCLEAR ENERGY INC
+$12.9M
A
AMSCAMERICAN SUPERCONDUCTOR CORP
+$12.5M
A
ALVOALVOTECH
+$9.9M
Top Sells
P
PLUGPLUG POWER INC
-$31.2M
J
JACS-UNJACKSON ACQUISITION CO II
-$7.2M
H
HUMAHUMACYTE INC
-$6.9M
C
CEPCANTOR EQUITY PARTNERS INC
-$3.2M
R
REEREE AUTOMOTIVE LTD
-$2.4M

Top Holdings

F
FLUTFLUTTER ENTMT PLC
+22.4%$84.1M
A
ACHRARCHER AVIATION INC
+6.7%$25.1M
N
NNENANO NUCLEAR ENERGY INC
+3.4%$12.9M
A
AMSCAMERICAN SUPERCONDUCTOR CORP
+3.3%$12.5M
A
ALVOALVOTECH
+2.7%$9.9M

Equity Positions (78)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
FLUTTER ENTMT PLC22.43%$84.1M294,180$237.28$285.76+$18.9M
ARCHER AVIATION INC6.70%$25.1M2,312,285$10.85$10.85+$25.1M
NANO NUCLEAR ENERGY INC3.45%$12.9M374,567$34.49$34.49+$12.9M
AMERICAN SUPERCONDUCTOR CORP3.33%$12.5M340,102$36.69$36.69+$12.5M
ALVOTECH2.65%$9.9M1,090,664$9.12$9.12+$9.9M

Options Positions (4)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
NANO NUCLEAR ENERGY INCBought
Put
$42.1M12,204$34.49$33.46+10,707+$38.1M
AMERICAN SUPERCONDUCTOR CORPNew
Put
$12.6M3,429$36.69$36.69+3,429+$12.6M
ADS TEC ENERGY PLCNew
Put
$262.2K190$13.80$13.80+190+$262.2K
USA RARE EARTH INCNew
Put
$167.7K153$10.95$10.95+153+$167.7K

Industry Allocation

BLANK CHECKS
+22.7%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+22.4%
ELECTRIC SERVICES
+14.7%
AIRCRAFT
+6.7%
MOTORS & GENERATORS
+6.7%