ARENA CAPITAL ADVISORS, LLC- CA

Filed: 7/23/2026ACC: 0001833078-26-000019

📋 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 $207.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$207.88M

Total AUM (reported)

173.44M

Total Shares

Allocation by class

NOTE 4.250%12/0$39.75M19.1%

NOTE 4.250% 6/1$28.85M13.9%

COM SHS$27.12M13.0%

NOTE 2.250% 6/0$25.35M12.2%

DEBT 4.500% 8/1$24.11M11.6%

NOTE 3.250% 5/3$19.14M9.2%

NOTE 0.500% 8/0$17.54M8.4%

Portfolio Concentration

Top 3$93.95M45.2%

4–10$105.53M50.8%

11–25$8.39M4.0%

Top 3 weight

45.2%

Top 10 weight

96.0%

Voting Authority Distribution

Total shares with voting rights: 173.44M

Sole

Full voting authority

173.44M

% 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

Shares38.71M

TypePRN

Market value$39.75M

19.12%

Sole

38.71M

Shared

0.00

None

0.00

HERBALIFE LTD

SOLE

NOTE 4.250% 6/1

Shares25M

TypePRN

Market value$28.85M

13.88%

Sole

25M

Shared

0.00

None

0.00

ALARM COM HLDGS INC

SOLE

NOTE 2.250% 6/0

Shares26.60M

TypePRN

Market value$25.35M

12.20%

Sole

26.60M

Shared

0.00

None

0.00

EVOLENT HEALTH INC

SOLE

DEBT 4.500% 8/1

Shares29.62M

TypePRN

Market value$24.11M

11.60%

Sole

29.62M

Shared

0.00

None

0.00

ALLIANT ENERGY CORP

SOLE

NOTE 3.250% 5/3

Shares17.33M

TypePRN

Market value$19.14M

9.21%

Sole

17.33M

Shared

0.00

None

0.00

SHIFT4 PMTS INC

SOLE

NOTE 0.500% 8/0

Shares18.33M

TypePRN

Market value$17.54M

8.44%

Sole

18.33M

Shared

0.00

None

0.00

PERSHING SQUARE USA LTD

SOLE

COM SHS

Shares437.50K

TypeSH

Market value$16.35M

7.87%

Sole

437.50K

Shared

0.00

None

0.00

INTEGER HLDGS CORP

SOLE

DBCV 1.875% 3/1

Shares13.89M

TypePRN

Market value$13.57M

6.53%

Sole

13.89M

Shared

0.00

None

0.00

UNITI GROUP LLC

SOLE

COM SHS

Shares845.83K

TypeSH

Market value$9.70M

4.67%

Sole

845.83K

Shared

0.00

None

0.00

PLANET LABS PBC

SOLE

COM CL A

Shares154.43K

TypeSH

Market value$5.12M

2.46%

Sole

154.43K

Shared

0.00

None

0.00

INNOVATE CORP

SOLE

COM NEW

Shares127.93K

TypeSH

Market value$2.39M

1.15%

Sole

127.93K

Shared

0.00

None

0.00

SPECTRUM BRANDS INC

SOLE

NOTE 3.375% 6/0

Shares1.93M

TypePRN

Market value$2.02M

0.97%

Sole

1.93M

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares30K

TypeSH

Market value$1.75M

0.84%

Sole

30K

Shared

0.00

None

0.00

HERBALIFE LTD

SOLE

COM SHS

Shares80.91K

TypeSH

Market value$1.06M

0.51%

Sole

80.91K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares10K

TypeSH

Market value$589.8K

0.28%

Sole

10K

Shared

0.00

None

0.00

APOLLO GLOBAL MGMT INC

SOLE

COM

Shares2.50K

TypeSH

Market value$295.8K

0.14%

Sole

2.50K

Shared

0.00

None

0.00

TABOOLA.COM LTD

SOLE

ORD SHS

Shares51.97K

TypeSH

Market value$259.9K

0.13%

Sole

51.97K

Shared

0.00

None

0.00

MOBIX LABS INC

SOLE

*W EXP 12/21/202

Shares190.62K

TypeSH

Market value$17.0K

<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$6.5K

<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$2.2K

<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$382.00

<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	38.71M	PRN	$39.75M 19.12%	38.71M
HERBALIFE LTDSOLE	NOTE 4.250% 6/1	25M	PRN	$28.85M 13.88%	25M
ALARM COM HLDGS INCSOLE	NOTE 2.250% 6/0	26.60M	PRN	$25.35M 12.20%	26.60M
EVOLENT HEALTH INCSOLE	DEBT 4.500% 8/1	29.62M	PRN	$24.11M 11.60%	29.62M
ALLIANT ENERGY CORPSOLE	NOTE 3.250% 5/3	17.33M	PRN	$19.14M 9.21%	17.33M
SHIFT4 PMTS INCSOLE	NOTE 0.500% 8/0	18.33M	PRN	$17.54M 8.44%	18.33M
PERSHING SQUARE USA LTDSOLE	COM SHS	437.50K	SH	$16.35M 7.87%	437.50K
INTEGER HLDGS CORPSOLE	DBCV 1.875% 3/1	13.89M	PRN	$13.57M 6.53%	13.89M
UNITI GROUP LLCSOLE	COM SHS	845.83K	SH	$9.70M 4.67%	845.83K
PLANET LABS PBCSOLE	COM CL A	154.43K	SH	$5.12M 2.46%	154.43K
INNOVATE CORPSOLE	COM NEW	127.93K	SH	$2.39M 1.15%	127.93K
SPECTRUM BRANDS INCSOLE	NOTE 3.375% 6/0	1.93M	PRN	$2.02M 0.97%	1.93M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	30K	SH	$1.75M 0.84%	30K
HERBALIFE LTDSOLE	COM SHS	80.91K	SH	$1.06M 0.51%	80.91K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	10K	SH	$589.8K 0.28%	10K
APOLLO GLOBAL MGMT INCSOLE	COM	2.50K	SH	$295.8K 0.14%	2.50K
TABOOLA.COM LTDSOLE	ORD SHS	51.97K	SH	$259.9K 0.13%	51.97K
MOBIX LABS INCSOLE	*W EXP 12/21/202	190.62K	SH	$17.0K <0.01%	190.62K
AURORA INNOVATION INCSOLE	*W EXP 11/03/202	20.29K	SH	$6.5K <0.01%	20.29K
LIMINATUS PHARMA INC.SOLE	*W EXP 04/30/203	29.17K	SH	$2.2K <0.01%	29.17K
BANZAI INTERNATIONAL INCSOLE	*W EXP 12/14/202	39.03K	SH	$382.00 <0.01%	39.03K