# Pacific Heights Asset Management, LLC

> Pacific Heights Asset Management, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2003, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated February 17, 2026.

- CRD: 124365
- Filed as: PACIFIC HEIGHTS ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: February 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124365
- AdvisorCensus page: https://advisorcensus.com/firm/pacific-heights-asset-management-llc-san-francisco-ca-124365

## Quick answers

**How is Pacific Heights Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Pacific Heights Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pacific Heights Asset Management, LLC located?**
Pacific Heights Asset Management, LLC's principal office is in San Francisco, CA, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Pacific Heights Asset Management, LLC registered with the SEC or a state?**
Pacific Heights Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 124365.

**How much does Pacific Heights Asset Management, LLC manage?**
Pacific Heights Asset Management, LLC reports $7,273,866,305 in regulatory assets under management in its Form ADV filing dated February 17, 2026 (100% discretionary).

**How have Pacific Heights Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Pacific Heights Asset Management, LLC: Regulatory assets under management: $2,391,540,073 in the October 2021 data and $7,273,866,305 in the October 2026 data, up 204%. Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pacific Heights Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (4); other investment advisers (1).

**Does Pacific Heights Asset Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124365

**What changed in Pacific Heights Asset Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $3,962,475,562 to $7,273,866,305 (+84%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $7,273,866,305
- Discretionary: $7,273,866,305
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 4 | $7,273,866,305 |
| Other investment advisers | 1 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Other

### Firm details
- Registered since: 2003 (23 years)
- Employees: 10 total, 2 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Boston, MA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,391,540,073 | 10 | February 22, 2021 |
| October 2022 | $3,176,337,826 | 10 | March 22, 2022 |
| October 2023 | $2,926,223,360 | 10 | January 31, 2023 |
| October 2024 | $3,115,360,720 | 10 | February 7, 2024 |
| October 2025 | $3,962,475,562 | 10 | February 4, 2025 |
| October 2026 | $7,273,866,305 | 10 | February 17, 2026 |

Regulatory assets under management: $2,391,540,073 in the October 2021 data and $7,273,866,305 in the October 2026 data, up 204%.
Total employees: 10 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $3,962,475,562 to $7,273,866,305 (+84%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pacific Heights Asset Management, LLC (CRD 124365): Form ADV filing data as of October 2026.