Arena Capital Advisors, LLC- CA In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Arena Capital Advisors, LLC- CA reported 12 stock positions worth $83.4 million . Its top holding was Diebold Nixdorf (DBD) at 73.0% of the portfolio, followed by Endo (NDOI, 24.3% ) and Ferroglobe (GSM, 1.0% ). Compared with Q3 2024, it added to 1 and reduced 2. The biggest buy was Ferroglobe (GSM, shares +16% ) and the biggest sale Diebold Nixdorf (DBD, shares −7% ).
Location LOS ANGELES, CA
CIK 0001833078
Portfolio Value $83.4M (Q4 2024) Holdings 12 stocks · $83.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 DBD Diebold Nixdorf Inc. 1,413,922 $60.9M Reduce -6.5% NDOI Endo Inc. 847,612 $20.3M No change GSM Ferroglobe PLC 220,000 $836K Add +15.8% PL Planet Labs PBC 154,431 $624K No change HLF Herbalife Ltd. 34,210 $229K No change TBLA Taboola.com Ltd. 51,973 $190K No change DCGO Docgo Inc. 29,870 $127K Reduce -25.1% MCDIF McDermott International Ltd. 915,916 $110K No change GTTNQ GTT Communications Inc. 3,360 $55K No change VSAT Viasat Inc. 5,400 $46K No change AUR Aurora Innovation Inc. 7 $44 No change CLOUD PEAK ENERGY 36,579 $0 No change
Other holdings (17): bonds, preferreds, convertibles and warrants · $730K (not counted above) Security Class Shares / Principal Value Change AVTNF Avation PLC -CW26 *W EXP 99/99/999 667,014 $459K No change ALVOW Alvotech SA -27 *W EXP 99/99/999 60,714 $189K No change MOBXW Chavrant Capital Acq -CW23 *W EXP 12/21/202 375,000 $46K No change AUROW Aurora Innovation Inc. -CW28 *W EXP 11/03/202 20,288 $22K No change NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 78,035 $7K No change ECXWW Ecarx Holdings Inc. Class A-27 *W EXP 99/99/999 48,842 $2K No change IRIS ACQUISITION CORP *W EXP 02/28/202 29,166 $1K No change GROVW Grove Collaborat Hold-CW26 *W EXP 06/16/202 99,616 $996 No change INNOVID CORP *W EXP 11/30/202 8,450 $866 No change JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 25,000 $625 No change NSTB.WS Northern Star Inv Class A -CW28 *W EXP 01/31/202 99,998 $520 No change PARAW 7GC & Co. Holdings Class A -CW26 *W EXP 12/14/202 39,028 $464 No change ALURW Allurion Technologies-28 *W EXP 08/01/203 1,813 $54 No change BHLWQ Benson Hill Inc. -CW25 *W EXP 09/29/202 25,000 $18 No change ELIWQ TLG Acquisition One A -CW28 *W EXP 07/31/202 100,000 $0 No change GTT COMMUNICATIONS INC -27 *W EXP 99/99/999 10,785 $0 No change CZOWF Cazoo Group Ltd.-CW26 *W EXP 08/26/202 36,456 $0 No change
Total filed on the 13F, all lines: $84.1M.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ DBD Diebold Nixdorf Inc. Reduce -6.5% 72.99% −1.06 DCGO Docgo Inc. Reduce -25.1% 0.15% +0.01
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ GSM Ferroglobe PLC Add +15.8% 1.00% +0.04
Notes & Other Activity Q3 2024 → Q4 2024 Security Class Change vs Q3 2024 Shares / Principal Value ▼ OCSAW Oculis Holding AG -30 *W EXP 03/06/202 Sold out 6,518 $14Kbefore exit PL.WS Planet Labs PBC -CW26 *W EXP 12/06/202 Sold out 40,084 $8Kbefore exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 9 $37.5M PSUS, UNIT, PL, VATE, VGSH Q1 2026 9 $21.4M UNIT, PL, SHY, VGSH, HLF Q4 2025 8 $14.3M UNIT, PL, JEF, HLF, VATE Q3 2025 9 $47.1M DBD, UNIT, PL, GSM, VATE Q2 2025 11 $69.0M DBD, FLYYQ, PL, GSM, HLF Q1 2025 9 $64.3M DBD, GSM, HLF, PL, VSXY Q4 2024 12 $83.4M DBD, NDOI, GSM, PL, HLF Q3 2024 12 $91.2M DBD, NDOI, GSM, PL, HLF Q2 2024 15 $86.6M DBD, NDOI, GSM, HLF, PL Q1 2024 15 $62.5M DBD, CNDA, GSM, PL, HLF