HEIGHTS CAPITAL MANAGEMENT, INC Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$278.8B

Holdings

192

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (192 positions)

#StockSharesValue% PortfolioType
101
LWACLIGHTWAVE ACQUISITION CORP
50,000$502.0M0.18%
102
ADACAMERICAN DRIVE ACQUISITION C
50,000$499.0M0.18%
103
GROY/WSGOLD ROYALTY CORP
249,397$493.0M0.18%
104
CHARCHARLTON ARIA ACQUISITION CO
40,000$419.0M0.15%
105
NOEMCO2 ENERGY TRANSITION CORP
40,000$411.0M0.15%
106
CHECCHENGHE ACQUISITION III CO
40,000$401.0M0.14%
107
BEBETGE VALUE CREATIVE SOLUTIONS
40,000$397.0M0.14%
108
BACCBLUE ACQUISITION CORP.
33,455$341.0M0.12%
109
NEWBURY STR II ACQUISITION C
30,510$319.0M0.11%
110
IPODDUNE ACQUISITION CORP II
30,000$305.0M0.11%
111
VNMEVENDOME ACQUISITION CORP I
30,340$305.0M0.11%
112
POLEANDRETTI ACQUISITION CORP II
26,600$280.0M0.10%
113
TVATEXAS VENTURES ACQUISITION I
25,900$275.0M0.10%
114
APXTAPEX TREAS CORP
25,000$251.0M0.09%
115
BCARD. BORAL ARC ACQ I CORP.
24,757$248.0M0.09%
116
TLNCUTALON CAP CORP
24,104$247.0M0.09%
117
HSPTHORIZON SPACE ACQUISITION II
20,000$210.0M0.08%
118
LPCVLAUNCHPAD CADENZA ACQUISITIO
20,000$199.0M0.07%
119
JACSJACKSON ACQUISITION CO II
700,000$175.0M0.06%
120
EUREKA ACQUISITION CORP
15,400$169.0M0.06%
121
BCTXZBRIACELL THERAPEUTICS CORP
544,698$163.0M0.06%
122
LATAGALATA ACQUISITION CORP II
15,000$150.0M0.05%
123
HAVAHARVARD AVE ACQUISITION CORP
10,000$100.0M0.04%
124
ETHMDYNAMIX CORP
60,000$96.0M0.03%
125
BRRWWPROCAP FINL INC
132,280$92.0M0.03%
126
NMPNMP ACQUISITION CORP
449,875$90.0M0.03%
127
KCHVKOCHAV DEFENSE ACQUI CO
360,909$86.0M0.03%
128
XRPNARMADA ACQUISITION CORP II
95,633$78.0M0.03%
129
ALURALLURION TECHNOLOGIES INC
59,880$73.0M0.03%
130
FERAFIFTH ERA ACQUISITION CORP I
162,984$65.0M0.02%
131
CGCTCARTESIAN GROWTH CORP III
75,000$60.0M0.02%
132
RDAGREPUBLIC DIGITAL ACQUISITION
89,000$53.0M0.02%
133
EMISEMMIS ACQUISITION CORP.
350,000$53.0M0.02%
134
TVAITHAYER VENTURES ACQ CORP II
250,000$52.0M0.02%
135
FSHPFLAG SHIP ACQUISITION CORP
279,915$50.0M0.02%
136
APADA PARADISE ACQUISITION CORP
199,500$49.0M0.02%
137
SPEGSILVER PEGASUS ACQUISITION C
199,100$47.0M0.02%
138
UYSCUY SCUTI ACQUISITION CORP.
170,892$45.0M0.02%
139
LCCCLAKESHORE ACQUISITION III CO
176,304$44.0M0.02%
140
RIBBRIBBON ACQUISITION CORP
186,258$40.0M0.01%
141
CHPGCHAMPIONSGATE ACQUISITION CO
207,810$38.0M0.01%
142
COPLCOPLEY ACQUISITION CORP
150,000$38.0M0.01%
143
FVNFUTURE VISION II ACQUISITION
284,050$37.0M0.01%
144
DMIIDRUGS MADE IN AMER ACQUTN CO
234,109$36.0M0.01%
145
SOULSOULPOWER ACQUISITION CORP
200,000$35.0M0.01%
146
PLMKPLUM ACQUISITION CORP IV
125,000$33.0M0.01%
147
QUMSQUANTUMSPHERE ACQUISITION CO
149,900$31.0M0.01%
148
GWH/WSESS TECH INC
586,218$29.0M0.01%
149
SSEASTARRY SEA ACQUISITION CORP
100,000$28.0M0.01%
150
CAPNCAYSON ACQUISITION CORP
120,092$27.0M0.01%
151
OBAOXLEY BRIDGE ACQ LTD
125,000$27.0M0.01%
152
VCICVINE HILL CAP INVT CORP.
14,792$26.0M0.01%
153
BSAABEST SPAC I ACQUISITION CORP
175,000$26.0M0.01%
154
ORIGIN INVT CORP I
124,950$23.0M0.01%
155
BIVIBIOVIE INC
90,000$23.0M0.01%
156
DRDBROMAN DBDR ACQUISITION CORP
37,500$21.0M0.01%
157
OAKUROAK WOODS ACQUISITION CORP
84,300$21.0M0.01%
158
TACHTITAN ACQUISITION CORP
60,000$20.0M0.01%
159
PMTRPERIMETER ACQUISITION CORP I
29,462$20.0M0.01%
160
TACOBERTO ACQUISITION CORP
50,000$18.0M0.01%
161
GTERAGLOBA TERRA ACQUISITION COR
124,129$16.0M0.01%
162
INACINDIGO ACQUISITION CORP
100,000$15.0M0.01%
163
FIGX CAP ACQUISITION CORP.
50,000$13.0M0.00%
164
PACHPIONEER ACQUISITION I CORP
50,000$13.0M0.00%
165
IBACRIB ACQUISITION CORP
161,165$11.0M0.00%
166
GTERAGLOBA TERRA ACQUISITION COR
93,171$11.0M0.00%
167
TVATEXAS VENTURES ACQUISITION I
12,950$11.0M0.00%
168
AXINAXIOM INTELLIGENCE AC CORP 1
50,000$10.0M0.00%
169
FACTFACT II ACQUISITION CORP
30,000$10.0M0.00%
170
RMCOWROYALTY MGMT HLDG CORP
73,747$9.0M0.00%
171
BACCBLUE ACQUISITION CORP.
29,655$8.0M0.00%
172
NOEMRCO2 ENERGY TRANSITION CORP
39,996$7.0M0.00%
173
SOCASOLARIUS CAPITAL ACQU CORP
25,000$7.0M0.00%
174
RANGE CAP ACQUISITION CORP
13,385$6.0M0.00%
175
NOEMWCO2 ENERGY TRANSITION CORP
40,000$6.0M0.00%
176
AIMDWAINOS INC
55,837$6.0M0.00%
177
IPODDUNE ACQUISITION CORP II
22,500$5.0M0.00%
178
NEWBURY STR II ACQUISITION C
22,500$5.0M0.00%
179
DTSTWDATA STORAGE CORP
29,000$5.0M0.00%
180
LWACLIGHTWAVE ACQUISITION CORP
25,000$4.0M0.00%
181
BCARD. BORAL ARC ACQ I CORP.
12,378$4.0M0.00%
182
WTGWINTERGREEN ACQUISITION CORP
27,836$4.0M0.00%
183
SZZLSIZZLE ACQUISITION CORP. II
28,903$4.0M0.00%
184
IVDAWIVEDA SOLUTIONS INC
35,193$4.0M0.00%
185
VNMEVENDOME ACQUISITION CORP I
15,170$3.0M0.00%
186
CHARCHARLTON ARIA ACQUISITION CO
17,643$3.0M0.00%
187
LMND/WSLEMONADE INC
88,946$2.0M0.00%
188
TNONWTENON MEDICAL INC
140,236$1.0M0.00%
189
ASPCRA SPAC III ACQUISITION CORP
10,219$1.0M0.00%
190
ECXECARX HOLDINGS INC
27,181$1.0M0.00%
191
VSSYWVERSUS SYSTEMS INC
39,356$00.00%
192
OAKUWOAK WOODS ACQUISITION CORP
37,490$00.00%
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