Arena Capital Advisors, LLC- CA In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Arena Capital Advisors, LLC- CA reported 9 stock positions worth $21.4 million . Its top holding was Uniti (UNIT) at 44.9% of the portfolio, followed by Planet Labs PBC (PL, 20.2% ) and iShares 1-3 Year Treasury Bo (SHY, 13.5% ). Compared with Q4 2025, it opened 4 new positions, sold out of 3 and reduced 1. The biggest buy was a new position in iShares 1-3 Year Treasury Bo (SHY) and the biggest sale Uniti (UNIT, shares −13% ).
Location LOS ANGELES, CA
CIK 0001833078
Portfolio Value $21.4M (Q1 2026) Holdings 9 stocks · $21.4M 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 Q4 2025 UNIT Uniti Group Inc. 1,022,703 $9.6M Reduce -12.8% PL Planet Labs PBC 154,431 $4.3M No change SHY iShares 1-3 Year Treasury Bo 35,000 $2.9M New VGSH Vanguard Short-Term Treasury 30,000 $1.8M New HLF Herbalife Ltd. 70,910 $1.0M No change VATE Innovate Corp. 127,934 $727K No change VGIT Vanguard Intermediate-Term T 10,000 $596K New APO Apollo Global Management Inc. 2,500 $279K New TBLA Taboola.com Ltd. 51,973 $161K No change
Other holdings (12): bonds, preferreds, convertibles and warrants · $178.3M (not counted above) Security Class Shares / Principal Value Change PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 40,700,000 $42.8M No change CSG SYSTEMS INTERNATIONA (CSGS 3.875 09/15/28) NOTE 3.875% 9/1 · principal 25,425,000 $31.0M Add +24.5% HERBALIFE LTD (HLF 4.25 06/15/28) NOTE 4.250% 6/1 · principal 25,000,000 $30.3M Reduce -24.4% ALARM.COM HLDGS INC (ALRM 2.25 06/01/29) NOTE 2.250% 6/0 · principal 26,600,000 $24.8M No change SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) NOTE 0.500% 8/0 · principal 18,331,000 $17.3M New EVOLENT HEALTH INC DEBT 4.500% 8/1 · principal 29,620,000 $15.0M No change INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) DBCV 1.875% 3/1 · principal 15,000,000 $14.4M New SPECTRUM BRANDS INC (SPB 3.375 06/01/29) NOTE 3.375% 6/0 · principal 2,679,000 $2.7M No change MOBXW Chavrant Capital Acq -CW23 *W EXP 12/21/202 190,616 $24K No change AUROW Aurora Innovation Inc. -CW28 *W EXP 11/03/202 20,288 $4K No change LIMNW Liminatus Pharma Inc. Class A-28 *W EXP 04/30/203 29,166 $1K No change PARAW 7GC & Co. Holdings Class A -CW26 *W EXP 12/14/202 39,028 $511 No change
Total filed on the 13F, all lines: $199.7M.
Portfolio Sells Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ UNIT Uniti Group Inc. Reduce -12.8% 44.91% −12.51 JEF Jefferies Financial Group Inc. Sold out 0.00% −6.49 PCG P G & E Corp. Sold out 0.00% −1.66 FUN Six Flags Entertainment Corp. Sold out 0.00% −1.07
Portfolio Buys Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ SHY iShares 1-3 Year Treasury Bo New 13.53% +13.53 VGSH Vanguard Short-Term Treasury New 8.22% +8.22 VGIT Vanguard Intermediate-Term T New 2.79% +2.79 APO Apollo Global Management Inc. New 1.30% +1.30
Notes & Other Activity Q4 2025 → Q1 2026 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