# Pacific Heights Asset Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1323414. Source: https://holderbook.com/funds/1323414-pacific-heights-asset-management-llc/

- Reported value: $3.2B
- Positions: 77
- Weight of the ten largest: 42.1%
- Filed: 2026-08-17

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TEXAS PACIFIC LAND CORPORATI | [TPL](https://holderbook.com/stocks/TPL/) | $258.2M | 590,000 | 8.2% | 22 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $175.1M | 875,000 | 5.5% | 30 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $166.7M | 2,650,000 | 5.3% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $166.3M | 1,425,000 | 5.3% | 23 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $129.6M | 230,000 | 4.1% | 31 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $115.2M | 325,000 | 3.6% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $98.2M | 260,000 | 3.1% | 30 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $90.2M | 175,000 | 2.9% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $65.5M | 70,000 | 2.1% | 31 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $63.6M | 65,000 | 2.0% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $58.6M | 115,000 | 1.9% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $58.5M | 280,000 | 1.9% | 31 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $56.7M | 275,000 | 1.8% | 5 |
| AFFIRM HLDGS INC | [AFRM](https://holderbook.com/stocks/AFRM/) | $53.0M | 650,000 | 1.7% | 22 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $50.9M | 500,000 | 1.6% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $49.7M | 300,000 | 1.6% | 31 |
| STRUCTURE THERAPEUTICS INC | [GPCR](https://holderbook.com/stocks/GPCR/) | $42.9M | 800,000 | 1.4% | 5 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $42.7M | 450,000 | 1.4% | 31 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $42.4M | 250,000 | 1.3% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $41.0M | 300,000 | 1.3% | 31 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $39.0M | 175,000 | 1.2% | 31 |
| BHP BILLITON LIMITED | [BHP](https://holderbook.com/stocks/BHP/) | $37.5M | 450,000 | 1.2% | 31 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $35.0M | 150,000 | 1.1% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $34.3M | 100,000 | 1.1% | 26 |
| OVINTIV INC | [OVV](https://holderbook.com/stocks/OVV/) | $34.2M | 650,000 | 1.1% | 26 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $32.7M | 200,000 | 1.0% | 12 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $32.6M | 90,000 | 1.0% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $32.3M | 350,000 | 1.0% | 31 |
| HF SINCLAIR CORP | [DINO](https://holderbook.com/stocks/DINO/) | $31.3M | 450,000 | 1.0% | 18 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $31.2M | 300,000 | 1.0% | 31 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $31.1M | 115,000 | 1.0% | 31 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $30.5M | 225,000 | 1.0% | 31 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $29.5M | 900,000 | 0.9% | 6 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $29.3M | 100,000 | 0.9% | 31 |
| ESSEX PPTY TR INC | [ESS](https://holderbook.com/stocks/ESS/) | $29.2M | 100,000 | 0.9% | 31 |
| AVALONBAY CMNTYS INC | [AVB](https://holderbook.com/stocks/AVB/) | $28.3M | 150,000 | 0.9% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $28.2M | 325,000 | 0.9% | 13 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $28.0M | 125,000 | 0.9% | 24 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $27.1M | 375,000 | 0.9% | 18 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $27.0M | 200,000 | 0.9% | 31 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $26.9M | 150,000 | 0.9% | 31 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $26.6M | 85,000 | 0.8% | 31 |
| IPG PHOTONICS CORP | [IPGP](https://holderbook.com/stocks/IPGP/) | $26.4M | 225,000 | 0.8% | 31 |
| RYDER SYS INC | [R](https://holderbook.com/stocks/R/) | $26.4M | 100,000 | 0.8% | 31 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $25.2M | 400,000 | 0.8% | 31 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $24.9M | 275,000 | 0.8% | 31 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $24.8M | 600,000 | 0.8% | 31 |
| FEDERAL RLTY INVT TR NEW | [FRT](https://holderbook.com/stocks/FRT/) | $24.7M | 200,000 | 0.8% | 18 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $24.3M | 125,000 | 0.8% | 31 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $24.3M | 500,000 | 0.8% | 26 |
| REGENCY CTRS CORP | [REG](https://holderbook.com/stocks/REG/) | $23.9M | 300,000 | 0.8% | 31 |
| CANADIAN NAT RES LTD MED TER | [CNQ](https://holderbook.com/stocks/CNQ/) | $23.7M | 600,000 | 0.8% | 31 |
| MILLROSE PPTYS INC | [MRP](https://holderbook.com/stocks/MRP/) | $22.5M | 750,000 | 0.7% | 6 |
| VIPER ENERGY INC | [VNOM](https://holderbook.com/stocks/VNOM/) | $21.2M | 500,000 | 0.7% | 4 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $21.0M | 400,000 | 0.7% | 31 |
| AGILENT TECHNOLOGIES INC | [A](https://holderbook.com/stocks/A/) | $19.9M | 150,000 | 0.6% | 31 |
| BXP INC | [BXP](https://holderbook.com/stocks/BXP/) | $19.9M | 300,000 | 0.6% | 31 |
| CUBESMART | [CUBE](https://holderbook.com/stocks/CUBE/) | $19.9M | 500,000 | 0.6% | 4 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $19.5M | 600,000 | 0.6% | 22 |
| MURPHY OIL CORP | [MUR](https://holderbook.com/stocks/MUR/) | $19.5M | 600,000 | 0.6% | 31 |
| WYNN RESORTS LTD | [WYNN](https://holderbook.com/stocks/WYNN/) | $19.4M | 200,000 | 0.6% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $19.2M | 200,000 | 0.6% | 31 |
| STAG INDUSTRIAL INC | [STAG](https://holderbook.com/stocks/STAG/) | $19.0M | 500,000 | 0.6% | 6 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $18.0M | 750,000 | 0.6% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $16.9M | 100,000 | 0.5% | 31 |
| CENTERSPACE | [CSR](https://holderbook.com/stocks/CSR/) | $16.9M | 300,000 | 0.5% | 23 |
| UDR INC | [UDR](https://holderbook.com/stocks/UDR/) | $16.0M | 400,000 | 0.5% | 31 |
| VORNADO RLTY TR | [VNO](https://holderbook.com/stocks/VNO/) | $15.7M | 400,000 | 0.5% | 31 |
| BIRCHCLIFF ENERGY LTD | [BIREF](https://holderbook.com/stocks/BIREF/) | $15.3M | 3,500,000 | 0.5% | 19 |
| KIMCO REALTY CORP | [KIM](https://holderbook.com/stocks/KIM/) | $15.2M | 600,000 | 0.5% | 31 |
| BP PLC | [BP](https://holderbook.com/stocks/BP/) | $14.8M | 400,000 | 0.5% | 31 |
| HIGHWOODS PPTYS INC | [HIW](https://holderbook.com/stocks/HIW/) | $12.1M | 400,000 | 0.4% | 31 |
| UMH PPTYS INC | [UMH](https://holderbook.com/stocks/UMH/) | $10.6M | 700,000 | 0.3% | 26 |
| QUANTUM COMPUTING INC | [QUBT](https://holderbook.com/stocks/QUBT/) | $9.7M | 1,000,000 | 0.3% | 5 |
| VALE S A | [VALE](https://holderbook.com/stocks/VALE/) | $7.5M | 500,000 | 0.2% | 31 |
| SOUTH32 LTD | [SOUHY](https://holderbook.com/stocks/SOUHY/) | $6.8M | 500,000 | 0.2% | 31 |
| FEDEX FGHT HLDG CO INC | - | $6.4M | 42,500 | 0.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.3% | +14.8% | -10.5% | 99% |
| Q1 2026 | +6.4% | -4.6% | +11.0% | 99% |
| Q4 2025 | +2.3% | +2.4% | -0.1% | 99% |
| Q3 2025 | +8.3% | +7.8% | +0.5% | 99% |
| Q2 2025 | +10.8% | +10.5% | +0.4% | 99% |
| Q1 2025 | -0.3% | -4.6% | +4.3% | 99% |
| Q4 2024 | +5.3% | +2.1% | +3.1% | 99% |
| Q3 2024 | +7.9% | +5.4% | +2.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.2B | 77 |
| Q1 2026 | $3.0B | 77 |
| Q4 2025 | $2.7B | 79 |
| Q3 2025 | $2.3B | 79 |
| Q2 2025 | $1.9B | 78 |
| Q1 2025 | $1.5B | 72 |
| Q4 2024 | $1.5B | 71 |
| Q3 2024 | $1.3B | 71 |
| Q2 2024 | $1.3B | 72 |
| Q1 2024 | $1.2B | 72 |
| Q4 2023 | $1.2B | 74 |
| Q3 2023 | $1.1B | 74 |