Pacific Heights Asset Management LLC — 13F Holdings & Portfolio
CIK 1323414 · latest 13F-HR filed 2026-08-17
Pacific Heights Asset Management LLC manages $3.16B in 13F-reported U.S. long-equity assets across 77 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are TPL (8.18%), NVDA (5.54%), FCX (5.28%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position and exited 1; 38 existing positions rose in reported value and 23 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-17
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 42.1%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Feb 17, 2026.
SUITE 4100
SAN FRANCISCO, CA 94111-2816
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| ANDREWS, JAMES, HANSON Control | DIRECTOR OF FINANCE since Apr 2006 | Less than 5% | Individual |
| CUGGINO, MICHAEL, JOSEPH Control | TRUSTEE since Aug 2015 | 75% or more | Individual |
| FREUND, SUSAN, KATHRYN Control | CHIEF COMPLIANCE OFFICER since Mar 2010 | Less than 5% | Individual |
| THE MICHAEL J. CUGGINO 2008 REVOCABLE TRUST Control | TRUST since Aug 2015 | Less than 5% | Domestic Entity |
Ownership & leadership changes · 1 filing with changes since Mar 19, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- AddedTHE MICHAEL J. CUGGINO 2008 REVOCABLE TRUST · TRUST · Less than 5% · control person
- ChangedCUGGINO, MICHAEL, JOSEPH · title MANAGER → TRUSTEE
- ListedANDREWS, JAMES, HANSON · DIRECTOR OF FINANCE · Less than 5% · control person
- ListedCUGGINO, MICHAEL, JOSEPH · MANAGER · 75% or more · control person
- ListedFREUND, SUSAN, KATHRYN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- ARM HOLDINGS PLC$66.1M +134.4%
- NVIDIA CORP$22.5M +14.7%
- TWILIO INC$22.1M +64.0%
- AFFIRM HLDGS INC$22.1M +71.4%
- APPLOVIN CORP$20.5M +29.5%
Top Trims
- TEXAS PACIFIC LAND CORP-$36.0M -12.2%
- PALANTIR TECHNOLOGIES INC-$32.7M -16.4%
- ALBEMARLE CORP-$8.9M -24.8%
- CONOCOPHILLIPS-$8.4M -21.2%
- COSTCO WHSL CORP NEW-$7.3M -10.0%
Pacific Heights Asset Management LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | TEXAS PACIFIC LAND CORP | TPL | 88262P102 | $258.2M | 8.18% | 590,000 | SH |
| 2 | NVIDIA CORP | NVDA | 67066G104 | $175.1M | 5.54% | 875,000 | SH |
| 3 | FREEPORT-MCMORAN INC | FCX | 35671D857 | $166.7M | 5.28% | 2,650,000 | SH |
| 4 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $166.3M | 5.26% | 1,425,000 | SH |
| 5 | META PLATFORMS INC | META | 30303M102 | $129.6M | 4.10% | 230,000 | SH |
| 6 | ARM HOLDINGS PLC | ARM | 042068205 | $115.2M | 3.65% | 325,000 | SH |
| 7 | BROADCOM INC | AVGO | 11135F101 | $98.2M | 3.11% | 260,000 | SH |
| 8 | APPLOVIN CORP | APP | 03831W108 | $90.2M | 2.86% | 175,000 | SH |
| 9 | COSTCO WHSL CORP NEW | COST | 22160K105 | $65.5M | 2.07% | 70,000 | SH |
| 10 | PARKER HANNIFIN CORP | PH | 701094104 | $63.6M | 2.01% | 65,000 | SH |
| 11 | LOCKHEED MARTIN CORP | LMT | 539830109 | $58.6M | 1.86% | 115,000 | SH |
| 12 | MORGAN STANLEY | MS | 617446448 | $58.5M | 1.85% | 280,000 | SH |
| 13 | TWILIO INC | TWLO | 90138F102 | $56.7M | 1.80% | 275,000 | SH |
| 14 | AFFIRM HLDGS INC | AFRM | 00827B106 | $53.0M | 1.68% | 650,000 | SH |
| 15 | CAMECO CORP | CCJ | 13321L108 | $50.9M | 1.61% | 500,000 | SH |
| 16 | CHEVRON CORP | CVX | 166764100 | $49.7M | 1.57% | 300,000 | SH |
| 17 | STRUCTURE THERAPEUTICS INC | GPCR | 86366E106 | $42.9M | 1.36% | 800,000 | SH |
| 18 | RIO TINTO PLC | RIO | 767204100 | $42.7M | 1.35% | 450,000 | SH |
| 19 | STATE STREET CORPORATION | STT | 857477103 | $42.4M | 1.34% | 250,000 | SH |
| 20 | EXXON MOBIL CORP | XOM | 30231G102 | $41.0M | 1.30% | 300,000 | SH |
| 21 | NUCOR CORP | NUE | 670346105 | $39.0M | 1.23% | 175,000 | SH |
| 22 | BHP BILLITON LTD | BHP | 088606108 | $37.5M | 1.19% | 450,000 | SH |
| 23 | WILLIAMS SONOMA INC | WSM | 969904101 | $35.0M | 1.11% | 150,000 | SH |
| 24 | VISA INC | V | 92826C839 | $34.3M | 1.09% | 100,000 | SH |
| 25 | OVINTIV INC | OVV | 69047Q102 | $34.2M | 1.08% | 650,000 | SH |
| 26 | AMERICAN TOWER CORP NEW | AMT | 03027X100 | $32.7M | 1.04% | 200,000 | SH |
| 27 | AMGEN INC | AMGN | 031162100 | $32.6M | 1.03% | 90,000 | SH |
| 28 | SCHWAB CHARLES CORP | SCHW | 808513105 | $32.3M | 1.02% | 350,000 | SH |
| 29 | HF SINCLAIR CORPORATION | DINO | 403949100 | $31.3M | 0.99% | 450,000 | SH |
| 30 | CONOCOPHILLIPS | COP | 20825C104 | $31.2M | 0.99% | 300,000 | SH |
| 31 | ILLINOIS TOOL WKS INC | ITW | 452308109 | $31.1M | 0.98% | 115,000 | SH |
| 32 | PROLOGIS INC | PLD | 74340W103 | $30.5M | 0.97% | 225,000 | SH |
| 33 | OUTFRONT MEDIA INC | OUT | 69007J304 | $29.5M | 0.93% | 900,000 | SH |
| 34 | AIR PRODS & CHEMS INC | APD | 009158106 | $29.3M | 0.93% | 100,000 | SH |
| 35 | ESSEX PPTY TR INC | ESS | 297178105 | $29.2M | 0.92% | 100,000 | SH |
| 36 | AVALONBAY CMNTYS INC | AVB | 053484101 | $28.3M | 0.90% | 150,000 | SH |
| 37 | CANADIAN PACIFIC KANSAS CITY | CP | 13646K108 | $28.2M | 0.89% | 325,000 | SH |
| 38 | SIMON PPTY GROUP INC NEW | SPG | 828806109 | $28.0M | 0.89% | 125,000 | SH |
| 39 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $27.1M | 0.86% | 375,000 | SH |
| 40 | ALBEMARLE CORP | ALB | 012653101 | $27.0M | 0.86% | 200,000 | SH |
| 41 | DIGITAL RLTY TR INC | DLR | 253868103 | $26.9M | 0.85% | 150,000 | SH |
| 42 | FEDEX CORP | FDX | 31428X106 | $26.6M | 0.84% | 85,000 | SH |
| 43 | IPG PHOTONICS CORP | IPGP | 44980X109 | $26.4M | 0.84% | 225,000 | SH |
| 44 | RYDER SYS INC | R | 783549108 | $26.4M | 0.84% | 100,000 | SH |
| 45 | NUTRIEN LTD | NTR | 67077M108 | $25.2M | 0.80% | 400,000 | SH |
| 46 | LENNAR CORP | LEN | 526057104 | $24.9M | 0.79% | 275,000 | SH |
| 47 | DEVON ENERGY CORPORATION | DVN | 25179M103 | $24.8M | 0.79% | 600,000 | SH |
| 48 | FEDERAL RLTY INVT TR | FRT | 313745101 | $24.7M | 0.78% | 200,000 | SH |
| 49 | AUTODESK INC | ADSK | 052769106 | $24.3M | 0.77% | 125,000 | SH |
| 50 | OCCIDENTAL PETE CORP | OXY | 674599105 | $24.3M | 0.77% | 500,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-17 | $3.16B | 77 | 0001193125-26-353582 |
| 2026-03-31 | 2026-05-08 | $2.99B | 77 | 0001193125-26-214483 |
| 2025-12-31 | 2026-02-05 | $2.67B | 79 | 0001193125-26-039517 |
SUITE 4100
SAN FRANCISCO, CA 94111