HEIGHTS CAPITAL MANAGEMENT, INC Q3 2025 Filing

Filed November 18, 2025

Portfolio Value

$351.0B

Holdings

180

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (180 positions)

#StockSharesValue% PortfolioType
1
FLUTFLUTTER ENTMT PLC
294,180$74.7B21.29%
2
NNENANO NUCLEAR ENERGY INC
1,295,467$50.0B14.23%Put
3
IBRXIMMUNITYBIO INC
6,565,709$16.2B4.60%
4
OTLY 9.25 09/14/28OATLY GROUP AB
12,052,970$10.7B3.06%
5
DFDVDEFI DEVELOPMENT CORP
623,112$9.5B2.72%Put
6
FGMCFG MERGER II CORP
790,000$7.9B2.25%
7
EMPDEMPERY DIGITAL INC
1,000,000$7.5B2.14%
8
JACSJACKSON ACQUISITION CO II
700,000$7.3B2.07%
9
DMIIDRUGS MADE IN AMER ACQUTN CO
650,000$6.7B1.90%
10
ABSIABSCI CORPORATION
2,000,440$6.1B1.73%
11
M3BRIGADE ACQUISITION V CORP
500,000$5.3B1.50%
12
DMIIDRUGS MADE IN AMER ACQ II CO
519,400$5.2B1.47%
13
KCHVKOCHAV DEFENSE ACQUI CO
500,000$5.0B1.43%
14
CABACABALETTA BIO INC
2,084,202$4.9B1.39%
15
NMPNMP ACQUISITION CORP
450,000$4.5B1.30%
16
GPATGP-ACT III ACQUISITION CORP
421,175$4.5B1.27%
17
AGRIFORCE GROWING SYSTEMS LT
1,300,000$4.2B1.20%
18
FERAFIFTH ERA ACQUISITION CORP I
350,000$3.6B1.01%
19
EMISEMMIS ACQUISITION CORP.
350,000$3.5B1.00%
20
FVNFUTURE VISION II ACQUISITION
325,000$3.4B0.97%
21
FSHPFLAG SHIP ACQUISITION CORP
308,447$3.3B0.93%
22
COPLCOPLEY ACQUISITION CORP
300,000$3.0B0.86%
23
BMEABIOMEA FUSION INC
1,437,646$2.9B0.83%
24
CY9DMICROBOT MED INC
883,104$2.7B0.77%
25
CMIIUCOLUMBUS CIRCLE CAP CORP. I
264,561$2.7B0.76%
26
EVEXEVE HLDG INC
696,055$2.7B0.76%
27
VACHVOYAGER ACQUISITION CORP
250,000$2.6B0.75%
28
WGRXWELLGISTICS HEALTH INC
2,917,078$2.6B0.74%
29
PLMKPLUM ACQUISITION CORP IV
250,000$2.6B0.74%
30
ORIGIN INVT CORP I
250,000$2.5B0.72%
31
OBAOXLEY BRIDGE ACQ LTD
250,000$2.5B0.72%
32
TVAITHAYER VENTURES ACQ CORP II
250,000$2.5B0.72%
33
LTMLATAM AIRLINES GROUP SA
50,000$2.3B0.64%
34
IBACIB ACQUISITION CORP
207,787$2.2B0.62%
35
CHPGCHAMPIONSGATE ACQUISITION CO
212,182$2.1B0.61%
36
RIBBRIBBON ACQUISITION CORP
200,000$2.0B0.58%
37
BLZRTRAILBLAZER ACQUISITION CORP
199,700$2.0B0.58%
38
COLACOLUMBUS ACQUISITION CORP
200,000$2.0B0.58%
39
SPEGSILVER PEGASUS ACQUISITION C
200,000$2.0B0.58%
40
SZZLSIZZLE ACQUISITION CORP. II
200,000$2.0B0.58%
41
SOULSOULPOWER ACQUISITION CORP
200,000$2.0B0.57%
42
LCCCLAKESHORE ACQUISITION III CO
200,000$2.0B0.57%
43
XRPNARMADA ACQUISITION CORP II
191,267$2.0B0.57%
44
APADA PARADISE ACQUISITION CORP
200,000$2.0B0.57%
45
RDAGREPUBLIC DIGITAL ACQUISITION
178,000$1.8B0.52%
46
UYSCUY SCUTI ACQUISITION CORP.
175,000$1.8B0.51%
47
BSAABEST SPAC I ACQUISITION CORP
175,000$1.8B0.51%
48
HYACHAYMAKER ACQUISITION CORP IV
151,719$1.7B0.49%
49
CAPNCAYSON ACQUISITION CORP
150,000$1.6B0.45%
50
QUMSQUANTUMSPHERE ACQUISITION CO
150,000$1.5B0.43%
51
CGCTCARTESIAN GROWTH CORP III
150,000$1.5B0.43%
52
OTLYOATLY GROUP AB
91,239$1.5B0.42%
53
UPXIUPEXI INC
250,000$1.4B0.41%
54
ADCTADC THERAPEUTICS SA
326,766$1.3B0.37%
55
GTERAGLOBA TERRA ACQUISITION COR
125,000$1.3B0.36%
56
GSRFGSR IV ACQUISITION CORP
125,000$1.3B0.36%
57
TACHTITAN ACQUISITION CORP
120,000$1.2B0.35%
58
TACOBERTO ACQUISITION CORP
100,000$1.0B0.30%
59
BACQMAYWOOD ACQUISITION CORP
100,000$1.0B0.29%
60
SPRING VY ACQUISITION CORP I
97,950$1.0B0.29%
61
SSEASTARRY SEA ACQUISITION CORP
100,000$1.0B0.29%
62
INACINDIGO ACQUISITION CORP
100,000$1.0B0.29%
63
FIGX CAP ACQUISITION CORP.
100,000$1.0B0.29%
64
WTGWINTERGREEN ACQUISITION CORP
100,000$1.0B0.29%
65
PACHPIONEER ACQUISITION I CORP
100,000$1.0B0.29%
66
DTSQDT CLOUD STAR ACQUISITION CO
95,695$1.0B0.29%
67
MKLYMCKINLEY ACQUISITION CORP
100,000$999.0M0.28%
68
FTWEQV VENTURES ACQUISITION COR
93,574$971.3M0.28%
69
DTSQDT CLOUD ACQUISITION CORP
85,207$941.5M0.27%
70
CUBLIONHEART HOLDINGS
67,952$714.2M0.20%
71
MACIMELAR ACQUISITION CORP. I
64,366$676.5M0.19%
72
TAVITAVIA ACQUISITION CORP
65,000$672.1M0.19%
73
PGACPANTAGES CAPITAL ACQUISITION
65,000$668.2M0.19%
74
GSR III ACQUISITION CORP
60,900$630.9M0.18%
75
ASPCRA SPAC III ACQUISITION CORP
60,000$621.0M0.18%
76
FACTFACT II ACQUISITION CORP
60,000$618.0M0.18%
77
HENNESSY CAP INVT CORP VII
60,000$615.0M0.18%
78
PMTRPERIMETER ACQUISITION CORP I
58,925$604.0M0.17%
79
NANANO LABS LTD
111,033$599.6M0.17%
80
VCICVINE HILL CAP INVT CORP.
55,790$597.5M0.17%
81
RANGE CAP ACQUISITION CORP
50,000$523.5M0.15%
82
NPACNEW PROVIDENCE ACQUISITION C
50,000$508.5M0.14%
83
BACCBLUE ACQUISITION CORP.
50,000$507.0M0.14%
84
CHACRCRANE HBR ACQUISITION CORP
50,000$506.5M0.14%
85
HVMCHIGHVIEW MERGER CORP
50,000$506.0M0.14%
86
CSLM DIGITA ASSET ACQ CORP I
50,000$505.0M0.14%
87
SOCASOLARIUS CAPITAL ACQU CORP
50,000$504.5M0.14%
88
AXINAXIOM INTELLIGENCE AC CORP 1
50,000$504.0M0.14%
89
IPCXINFLECTION PT ACQUISITION CO
50,000$503.5M0.14%
90
PELIPELICAN ACQUISITION CORP
50,000$503.0M0.14%
91
LWACLIGHTWAVE ACQUISITION CORP
50,000$502.0M0.14%
92
OYSEOYSTER ENTERPRISES II ACQUIS
50,000$501.1M0.14%
93
APACSTONEBRIDGE ACQUISITION II C
50,000$498.5M0.14%
94
GROY/WSGOLD ROYALTY CORP
249,397$446.4M0.13%
95
CHARCHARLTON ARIA ACQUISITION CO
40,000$415.2M0.12%
96
NOEMCO2 ENERGY TRANSITION CORP
40,000$408.0M0.12%
97
CHECCHENGHE ACQUISITION III CO
40,000$399.2M0.11%
98
RDACRISING DRAGON ACQUISITION CO
38,196$398.0M0.11%
99
HCMAHCM III ACQUISITION CORP
36,855$380.0M0.11%
100
NEWBURY STR II ACQUISITION C
36,300$375.9M0.11%
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