ARENA CAPITAL ADVISORS, LLC- CA

Filed: 5/4/2026ACC: 0001833078-26-000017

📋 What this filing means

ARENA CAPITAL ADVISORS, LLC- CA filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $199.65M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$199.65M

Total AUM (reported)

185.14M

Total Shares

Allocation by class

NOTE 4.250%12/0$42.75M21.4%

NOTE 3.875% 9/1$31.04M15.5%

NOTE 4.250% 6/1$30.31M15.2%

NOTE 2.250% 6/0$24.75M12.4%

NOTE 0.500% 8/0$17.27M8.6%

DEBT 4.500% 8/1$15.04M7.5%

DBCV 1.875% 3/1$14.39M7.2%

Portfolio Concentration

Top 3$104.10M52.1%

4–10$88.25M44.2%

11–25$7.30M3.7%

Top 3 weight

52.1%

Top 10 weight

96.3%

Voting Authority Distribution

Total shares with voting rights: 185.14M

Sole

Full voting authority

185.14M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole21

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings21

Rows:

PG&E CORP

SOLE

NOTE 4.250%12/0

Shares40.70M

TypePRN

Market value$42.75M

21.41%

Sole

40.70M

Shared

0.00

None

0.00

CSG SYS INTL INC

SOLE

NOTE 3.875% 9/1

Shares25.43M

TypePRN

Market value$31.04M

15.55%

Sole

25.43M

Shared

0.00

None

0.00

HERBALIFE LTD

SOLE

NOTE 4.250% 6/1

Shares25M

TypePRN

Market value$30.31M

15.18%

Sole

25M

Shared

0.00

None

0.00

ALARM COM HLDGS INC

SOLE

NOTE 2.250% 6/0

Shares26.60M

TypePRN

Market value$24.75M

12.40%

Sole

26.60M

Shared

0.00

None

0.00

SHIFT4 PMTS INC

SOLE

NOTE 0.500% 8/0

Shares18.33M

TypePRN

Market value$17.27M

8.65%

Sole

18.33M

Shared

0.00

None

0.00

EVOLENT HEALTH INC

SOLE

DEBT 4.500% 8/1

Shares29.62M

TypePRN

Market value$15.04M

7.53%

Sole

29.62M

Shared

0.00

None

0.00

INTEGER HLDGS CORP

SOLE

DBCV 1.875% 3/1

Shares15M

TypePRN

Market value$14.39M

7.21%

Sole

15M

Shared

0.00

None

0.00

UNITI GROUP LLC

SOLE

COM SHS

Shares1.02M

TypeSH

Market value$9.59M

4.80%

Sole

1.02M

Shared

0.00

None

0.00

PLANET LABS PBC

SOLE

COM CL A

Shares154.43K

TypeSH

Market value$4.32M

2.16%

Sole

154.43K

Shared

0.00

None

0.00

ISHARES TR

SOLE

1 3 YR TREAS BD

Shares35K

TypeSH

Market value$2.89M

1.45%

Sole

35K

Shared

0.00

None

0.00

SPECTRUM BRANDS INC

SOLE

NOTE 3.375% 6/0

Shares2.68M

TypePRN

Market value$2.71M

1.36%

Sole

2.68M

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares30K

TypeSH

Market value$1.76M

0.88%

Sole

30K

Shared

0.00

None

0.00

HERBALIFE LTD

SOLE

COM SHS

Shares70.91K

TypeSH

Market value$1.04M

0.52%

Sole

70.91K

Shared

0.00

None

0.00

INNOVATE CORP

SOLE

COM NEW

Shares127.93K

TypeSH

Market value$726.7K

0.36%

Sole

127.93K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares10K

TypeSH

Market value$595.5K

0.30%

Sole

10K

Shared

0.00

None

0.00

APOLLO GLOBAL MGMT INC

SOLE

COM

Shares2.50K

TypeSH

Market value$278.6K

0.14%

Sole

2.50K

Shared

0.00

None

0.00

TABOOLA.COM LTD

SOLE

ORD SHS

Shares51.97K

TypeSH

Market value$161.1K

0.08%

Sole

51.97K

Shared

0.00

None

0.00

MOBIX LABS INC

SOLE

*W EXP 12/21/202

Shares190.62K

TypeSH

Market value$23.8K

0.01%

Sole

190.62K

Shared

0.00

None

0.00

AURORA INNOVATION INC

SOLE

*W EXP 11/03/202

Shares20.29K

TypeSH

Market value$4.0K

<0.01%

Sole

20.29K

Shared

0.00

None

0.00

LIMINATUS PHARMA INC.

SOLE

*W EXP 04/30/203

Shares29.17K

TypeSH

Market value$1.2K

<0.01%

Sole

29.17K

Shared

0.00

None

0.00

BANZAI INTERNATIONAL INC

SOLE

*W EXP 12/14/202

Shares39.03K

TypeSH

Market value$511.00

<0.01%

Sole

39.03K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
PG&E CORPSOLE	NOTE 4.250%12/0	40.70M	PRN	$42.75M 21.41%	40.70M
CSG SYS INTL INCSOLE	NOTE 3.875% 9/1	25.43M	PRN	$31.04M 15.55%	25.43M
HERBALIFE LTDSOLE	NOTE 4.250% 6/1	25M	PRN	$30.31M 15.18%	25M
ALARM COM HLDGS INCSOLE	NOTE 2.250% 6/0	26.60M	PRN	$24.75M 12.40%	26.60M
SHIFT4 PMTS INCSOLE	NOTE 0.500% 8/0	18.33M	PRN	$17.27M 8.65%	18.33M
EVOLENT HEALTH INCSOLE	DEBT 4.500% 8/1	29.62M	PRN	$15.04M 7.53%	29.62M
INTEGER HLDGS CORPSOLE	DBCV 1.875% 3/1	15M	PRN	$14.39M 7.21%	15M
UNITI GROUP LLCSOLE	COM SHS	1.02M	SH	$9.59M 4.80%	1.02M
PLANET LABS PBCSOLE	COM CL A	154.43K	SH	$4.32M 2.16%	154.43K
ISHARES TRSOLE	1 3 YR TREAS BD	35K	SH	$2.89M 1.45%	35K
SPECTRUM BRANDS INCSOLE	NOTE 3.375% 6/0	2.68M	PRN	$2.71M 1.36%	2.68M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	30K	SH	$1.76M 0.88%	30K
HERBALIFE LTDSOLE	COM SHS	70.91K	SH	$1.04M 0.52%	70.91K
INNOVATE CORPSOLE	COM NEW	127.93K	SH	$726.7K 0.36%	127.93K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	10K	SH	$595.5K 0.30%	10K
APOLLO GLOBAL MGMT INCSOLE	COM	2.50K	SH	$278.6K 0.14%	2.50K
TABOOLA.COM LTDSOLE	ORD SHS	51.97K	SH	$161.1K 0.08%	51.97K
MOBIX LABS INCSOLE	*W EXP 12/21/202	190.62K	SH	$23.8K 0.01%	190.62K
AURORA INNOVATION INCSOLE	*W EXP 11/03/202	20.29K	SH	$4.0K <0.01%	20.29K
LIMINATUS PHARMA INC.SOLE	*W EXP 04/30/203	29.17K	SH	$1.2K <0.01%	29.17K
BANZAI INTERNATIONAL INCSOLE	*W EXP 12/14/202	39.03K	SH	$511.00 <0.01%	39.03K