Heights Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Heights Capital Management, Inc. reported 55 stock positions worth $125.9 million. Its top holding was Flutter Entertainment PLC-Di (FLUT) at 55.5% of the portfolio, followed by Sable Offshore (SOC, 5.2%) and GP-Act III Acquisition-A (GPAT, 3.7%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001081698
- Portfolio Value
- $125.9M (Q3 2024)
- SEC Filing
- 0001081698-24-000006 ↗ filed Nov 14, 2024
Holdings Value
Holdings 55 stocks · $125.9M
| FLUT Flutter Entertainment PLC-Di | 55.46% | 294,180 | $69.8M | — |
| SOC Sable Offshore Corp. | 5.16% | 275,000 | $6.5M | — |
| GPAT GP-Act III Acquisition-A | 3.68% | 460,000 | $4.6M | — |
| FVNNU Future Vision II Acq Corp. | 2.59% | 325,000 | $3.3M | — |
| FSHP Flag Ship Acquisition Corp. | 2.50% | 314,000 | $3.1M | — |
| CEP Cantor Equity Partners Inc. | 2.39% | 300,000 | $3.0M | — |
| IBAC Ib Acquisition Corp. | 1.99% | 250,000 | $2.5M | — |
| VACHU Voyager Acquisition Corp. | 1.99% | 250,000 | $2.5M | — |
| HAYMAKER ACQUISITION CORP 4 | 1.65% | 195,077 | $2.1M | — |
| UCFI CN Healthy Food Tech Group C filed as IRON HORSE ACQUISITIONS CORP | 1.34% | 165,043 | $1.7M | — |
| CAPNU Cayson Acquisition Corp. | 1.19% | 150,000 | $1.5M | — |
| NYXH Nyxoah SA | 1.14% | 149,654 | $1.4M | — |
| BKSY Blacksky Technology Inc. | 1.08% | 286,330 | $1.4M | — |
| GDST Goldenstone Acquisition Ltd. | 0.98% | 109,890 | $1.2M | — |
| CRGX Cargo Therapeutics Inc. | 0.92% | 62,745 | $1.2M | — |
| BUJA Bukit Jalil Global Acquisiti | 0.87% | 100,000 | $1.1M | — |
| DTSQU DT Cloud Star Acquisition Co. | 0.80% | 100,000 | $1.0M | — |
| VLOSU M3-Brigade Acquisition V Cor | 0.80% | 100,000 | $1.0M | — |
| CUB Lionheart Holdings Class A | 0.79% | 100,000 | $1.0M | — |
| MACI Melar Acquisition Corp. I-A | 0.79% | 100,000 | $1000K | — |
| OAKU Oak Woods Acquisition Corp. Class A | 0.79% | 90,000 | $999K | — |
| KVACF Keen Vision Acquisition Corp. | 0.79% | 91,879 | $989K | — |
| DYCQ DT Cloud Acquisition Corp. | 0.74% | 90,200 | $930K | — |
| FTW.U Eqv Ventures Acquisition Cor | 0.74% | 93,574 | $929K | — |
| HONDU HCM II Acquisition Corp. | 0.64% | 80,000 | $799K | — |
| ONDS Ondas Inc. filed as ONDAS HLDGS INC | 0.59% | 966,953 | $746K | — |
| MDXH Mdxhealth | 0.54% | 325,000 | $676K | — |
| BIOMX INC | 0.48% | 589,027 | $601K | — |
| BDSX Biodesix Inc. | 0.45% | 318,767 | $567K | — |
| GLACF Global Lights Acquisition Co. | 0.44% | 53,354 | $558K | — |
| VCICU Vine Hill Cap Invest-Unit | 0.44% | 55,790 | $558K | — |
| FORL Four Leaf Acquisition Cor-A | 0.43% | 49,122 | $536K | — |
| NETD Nabors Energy Transition C-A | 0.42% | 49,795 | $530K | — |
| CHEB Chenghe Acquisition II Co. | 0.40% | 50,000 | $501K | — |
| CCIX Churchill Capital Corp. Ix | 0.39% | 48,900 | $490K | — |
| PMN Promis Neurosciences Inc. | 0.38% | 386,894 | $484K | — |
| NVNO Envveno Medical Corporation | 0.38% | 141,477 | $475K | — |
| GODN Golden Star Acquisition Corp. | 0.31% | 36,029 | $393K | — |
| AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC | 0.30% | 35,000 | $379K | — |
| ANSC Agriculture & Natural Soluti | 0.29% | 35,482 | $367K | — |
| SRZN Surrozen Inc. | 0.28% | 29,999 | $353K | — |
| INMB Inmune Bio Inc. | 0.26% | 60,978 | $329K | — |
| YHNAU YHN Acquisition I Ltd. | 0.23% | 29,000 | $291K | — |
| POLEU Andretti Acquisition Corp. II | 0.21% | 26,600 | $266K | — |
| SCLX Scilex Holding Co. | 0.17% | 233,463 | $216K | — |
| AMTB Amerant Bancorp Inc. | 0.17% | 10,000 | $214K | — |
| BSIIU Black Spade Acquisition II C | 0.16% | 20,000 | $199K | — |
| TOVX Theriva Biologics Inc. | 0.16% | 141,958 | $196K | — |
| LUCY Innovative Eyewear Inc. | 0.14% | 20,482 | $171K | — |
| EURKU Eureka Acquisition Corp. | 0.13% | 15,400 | $157K | — |
| RYVYL INC | 0.03% | 27,185 | $36K | — |
| AEHL Antelope Enterprise Holdings | 0.01% | 25,036 | $19K | — |
| VERSUS SYSTEMS INC | 0.00% | 100,000 | $6K | — |
| OSRHW Bellevue Life Scncs Aqstn Co. | 0.00% | 100,942 | $2K | — |
| AMODW Insight Acquisition Corp. | 0.00% | 27,340 | $1K | — |
Other holdings (83): bonds, preferreds, convertibles and warrants · $9.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OATLY GROUP AB (OTLY 9.25 09/14/28) | NOTE 9.250% 9/1 · principal | 11,010,908 | $8.0M | — |
| GROY.WS Gold Royalty Corp. -29 | *W EXP 05/31/202 | 249,397 | $75K | — |
| GBBKR Global Blockchain Acq - RTS | RIGHT 05/09/2027 | 625,000 | $48K | — |
| WINVR Winvest Acquisition Corp.-RTS | RIGHT 99/99/9999 | 290,295 | $46K | — |
| NOVVR Nova Vision Acquisition-RTS | RIGHT 99/99/9999 | 188,193 | $46K | — |
| HUDAR Hudson Acquisition I Corp.-RT | RIGHT 99/99/9999 | 197,000 | $40K | — |
| AQUNR Aquaron Acquisition Corp.-RTS | RIGHT 07/15/2026 | 194,000 | $39K | — |
| LEXXW Lexaria Bioscience -CW25 | *W EXP 01/14/202 | 41,251 | $38K | — |
| FSHPR Flag Ship Acquisition Corp. | RIGHT 03/31/2026 | 314,000 | $37K | — |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 155,000 | $35K | — |
| IROHR Iron Horse Acquisitions Righ | RIGHT 99/99/9999 | 200,000 | $34K | — |
| TNONW Tenon Medical Inc.-28 | *W EXP 06/16/202 | 999,400 | $30K | — |
| GDSTR Goldenstone Acquisitio-Right | RIGHT 07/15/2026 | 150,000 | $29K | — |
| DYCQR DT Cloud Acquisition Cor-RTS | RIGHT 02/14/2029 | 100,000 | $25K | — |
| OAKUR Oak Woods Acquisition Cor-RT | RIGHT 03/23/2028 | 90,000 | $24K | — |
| NVACR Northview Acquisition Co.-RTS | RIGHT 99/99/9999 | 437,419 | $22K | — |
| GPATW GP-Act III Acq Class A -CW27 | *W EXP 05/13/202 | 202,101 | $22K | — |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | 147,900 | $22K | — |
| GWHWW Ess Tech Inc. -CW27 | *W EXP 10/08/202 | 586,218 | $22K | — |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | 130,000 | $21K | — |
| IBACR Ib Acquisition Corp.-RTS | RIGHT 09/28/2026 | 250,000 | $18K | — |
| BLACR Bellevue Life Sciences-RTS | RIGHT 02/09/2028 | 156,176 | $17K | — |
| DTSTW Data Storage Corp. -CW26 | *W EXP 05/18/202 | 29,000 | $16K | — |
| GLSTR Global Star Acquisition-RTS | RIGHT 99/99/9999 | 120,000 | $16K | — |
| GLLRF Global Lights Acquisition Co. | RIGHT 99/99/9999 | 99,800 | $14K | — |
| EMCRF Embrace Change Acq-Rights | RIGHT 10/25/2026 | 118,500 | $13K | — |
| BRACR Broad Capital Acquis-Right | RIGHT 01/10/2027 | 100,000 | $12K | — |
| BUJAR Bukit Jalil Global Acquisiti | RIGHT 12/30/2024 | 100,000 | $12K | — |
| QOMOR Qomolangma Acquisition-Right | RIGHT 09/29/2027 | 50,000 | $10K | — |
| CYCUW Cycurion Inc.-CW27 | *W EXP 02/13/203 | 438,185 | $10K | — |
| EGUVF Evergreen Corporation -CW27 | *W EXP 02/08/202 | 153,311 | $9K | — |
| DUETW Duet Acquisition Corp. -27 | *W EXP 07/19/202 | 458,408 | $9K | — |
| DISTR Distoken Acquisition Corp. | RIGHT 99/99/9999 | 80,000 | $9K | — |
| DHAIW Aurora Technology Acquis -28 | *W EXP 04/20/202 | 216,377 | $9K | — |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 475,965 | $8K | — |
| MACIW Melar Acquisition Corp. I -29 | *W EXP 06/01/203 | 50,000 | $7K | — |
| GLLIR Globalink Investment Inc.-RTS | RIGHT 12/06/2026 | 54,478 | $7K | — |
| UCFIW Iron Horse Acquisition Co.-29 | *W EXP 09/30/203 | 200,000 | $6K | — |
| HHGCR HHG Capital Corp.-RTS | RIGHT 02/25/2026 | 96,567 | $6K | — |
| GOVXW Geovax Labs Inc. -CW25 | *W EXP 09/29/202 | 53,960 | $6K | — |
| NOVVW Nova Vision Acquisit -CW28 | *W EXP 12/31/202 | 102,811 | $5K | — |
| TMTCR TMT Acquisition Corp.-RT | RIGHT 03/27/2028 | 16,916 | $5K | — |
| CLRRF Climaterock -RTS | RIGHT 10/31/2028 | 50,000 | $5K | — |
| YOTAR Yotta Acquisition Corp. - RTS | RIGHT 03/15/2027 | 50,000 | $5K | — |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 178,270 | $4K | — |
| FORLW Four Leaf Acquisition Cor-28 | *W EXP 03/15/202 | 69,100 | $4K | — |
| VRMEW Verifyme Inc. -CW25 | *W EXP 06/22/202 | 67,870 | $4K | — |
| KACRF Kairous Acquisition Corp.-RTS | RIGHT 09/15/2026 | 56,630 | $4K | — |
| CUBWW Lionheart Holdings - WT | *W EXP 06/07/203 | 50,000 | $4K | — |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 359,353 | $4K | — |
| WINVW Winvest Acquisition -CW23 | *W EXP 08/09/202 | 258,629 | $4K | — |
| SVREW Saverone 2014 Ltd. -CW27 | *W EXP 06/02/202 | 40,000 | $3K | — |
| SURGW Surgepays Inc. -CW24 | *W EXP 10/22/202 | 197,185 | $3K | — |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 136,232 | $3K | — |
| ECXWW Ecarx Holdings Inc. Class A-27 | *W EXP 99/99/999 | 149,100 | $3K | — |
| OAKUW Oak Woods Acquisition -28 | *W EXP 99/99/999 | 73,615 | $3K | — |
| SBEVW Splash Beverage Group -CW | *W EXP 06/15/202 | 288,884 | $3K | — |
| LMND.WS Lemonade Inc.-28 | *W EXP 02/09/202 | 88,946 | $3K | — |
| MSSRF Metal SKY Star Acquisi-Right | RIGHT 12/31/2025 | 55,000 | $3K | — |
| ANSCW Agriculture & Natural Solu-W | *W EXP 10/01/202 | 10,481 | $3K | — |
| GDSTW Goldenstone Acquisitio -CW23 | *W EXP 07/15/202 | 107,827 | $3K | — |
| BNCWW Cea Industries Inc. -CW27 | *W EXP 02/11/202 | 100,000 | $3K | — |
| KVAWF Keen Vision Acquisition C-28 | *W EXP 03/15/202 | 45,940 | $2K | — |
| AIMDW Ainos Inc. - 27 | *W EXP 07/29/202 | 82,500 | $2K | — |
| AMPGW Amplitech Group Inc.-CW26 | *W EXP 02/26/202 | 46,662 | $2K | — |
| CHEB.WS Chenghe Acquisition II - 29 | *W EXP 05/30/203 | 24,900 | $2K | — |
| FRLAW Fortune Rise Acquisit -CW23 | *W EXP 12/06/202 | 54,996 | $1K | — |
| GLSTW Global Star Acquisition-27 A | *W EXP 07/15/202 | 72,389 | $1K | — |
| BUJAW Bukit Jalil Global Acquis-28 | *W EXP 12/30/202 | 46,579 | $1K | — |
| GRDIW Griid Infrastructure Inc.-28 | *W EXP 12/29/202 | 37,472 | $1K | — |
| NCNWF Prime Number Holding Ltd.-28 | *W EXP 08/25/202 | 124,026 | $1K | — |
| IVDAW Iveda Solutions Inc. -CW27 | *W EXP 04/01/202 | 54,000 | $1K | — |
| FTIIW Futuretech II Acq -CW27 | *W EXP 08/18/202 | 42,859 | $1K | — |
| EMCWF Embrace Change Acquisitio-26 | *W EXP 10/25/202 | 68,399 | $1K | — |
| CDTTW Murphy Canyon Acq-CW27 | *W EXP 09/22/202 | 78,958 | $932 | — |
| DISTW Distoken Acquisition Corp.-28 | *W EXP 11/30/202 | 49,868 | $843 | — |
| QOMOW Qomolangma Acquisition Co.-27 | *W EXP 09/29/202 | 49,799 | $717 | — |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 67,109 | $483 | — |
| MSSWF Metal SKY Star Acq -CW27 | *W EXP 03/31/202 | 55,000 | $462 | — |
| AIMWF Aimfinity Investment-CW27 | *W EXP 99/99/999 | 21,000 | $422 | — |
| HYMCL Hycroft Mining Holding -CW25 | *W EXP 10/06/202 | 15,174 | $416 | — |
| HHGCW HHG Capital Corp. -CW27 | *W EXP 02/25/202 | 18,475 | $113 | — |
| PARAW 7GC & Co. Holdings Class A -CW26 | *W EXP 12/14/202 | 11,072 | $90 | — |
Total filed on the 13F, all lines: $134.8M.
Portfolio Sells Q3 2024
No earlier filing to compare with.
Portfolio Buys Q3 2024
No earlier filing to compare with.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 197 | $425.0M | FLUT, AMC, MGTX, TSHA, OTAI.U |
| Q1 2026 | 165 | $354.0M | SLDP, FLUT, IONQ, CMPS, LAES |
| Q4 2025 | 120 | $261.6M | FLUT, FG MERGER II CORP, JACS, DMAA, DMIIU |
| Q3 2025Amended | 112 | $301.2M | FLUT, IBRX, NNE, DFDV, FG MERGER II CORP |
| Q2 2025 | 92 | $309.2M | FLUT, ACHR, NA, NNE, AMSC |
| Q1 2025 | 67 | $195.3M | FLUT, PLUG, FGMCU, JACS.U, HUMA |
| Q4 2024 | 66 | $186.0M | FLUT, NNE, ONDS, LB, JACS.U |
| Q3 2024 | 55 | $125.9M | FLUT, SOC, GPAT, FVNNU, FSHP |