Institutional Manager · CIK 0001833078
Arena Capital Advisors, LLC- CA
LOS ANGELES, CA · File #028-21268
Latest AUM
$165.3M
Positions
19
Top-10 Concentration
99.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| EXITED | DRAFTKINGS INC NEW | 26142RAB0 | -45,729,000 | -$41.2M | $0 |
| EXITED | DIEBOLD NIXDORF INC | 253651202 | -611,495 | -$34.9M | $0 |
| EXITED | PEABODY ENGR CORP | 704551AD2 | -16,879,000 | -$25.3M | $0 |
| ADD | CSG SYS INTL INC | 126349AH2 | +12,425,000 | +$14.7M | +$580,000 |
| ADD | EVOLENT HEALTH INC | EVH | +12,250,000 | +$8.7M | -$5.1M |
| EXITED | XEROX HOLDINGS CORP | 98421MAE6 | -9,500,000 | -$4.4M | $0 |
| ADD | HERBALIFE LTD | HLF | +2,552,000 | +$2.8M | +$4.7M |
| ADD | PG&E CORP | PCG-PX | +910,000 | +$937,391 | +$648,577 |
| NEW | JEFFERIES FINL GROUP INC | 47233W109 | +15,000 | +$929,550 | $0 |
| EXITED | FERROGLOBE PLC | G33856108 | -200,000 | -$910,000 | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202519 pos · $165.3M
- 13F HOLDINGS REPORTQ/E Sep 202525 pos · $240.6M
- 13F HOLDINGS REPORTQ/E Jun 202519 pos · $69.2M
- 13F HOLDINGS REPORTQ/E Mar 202516 pos · $64.5M
- 13F HOLDINGS REPORTQ/E Dec 202429 pos · $84.1M
- 13F HOLDINGS REPORTQ/E Sep 202431 pos · $91.8M
- 13F HOLDINGS REPORTQ/E Jun 202437 pos · $87.4M
- 13F HOLDINGS REPORTQ/E Mar 202438 pos · $63.4M
- 13F HOLDINGS REPORTQ/E Dec 202355 pos · $84.7M
Top 19 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | PG&E CORP | PCG-PX | 40,700,000 | $41.9M | 25.36% |
| 2 | HERBALIFE LTD | HLF | 33,052,000 | $35.8M | 21.68% |
| 3 | ALARM COM HLDGS INC | ALRM | 26,600,000 | $25.4M | 15.36% |
| 4 | CSG SYS INTL INC | 126349AH2 | 20,425,000 | $24.2M | 14.65% |
| 5 | EVOLENT HEALTH INC | EVH | 29,620,000 | $21.0M | 12.72% |
| 6 | UNITI GROUP LLC | UNIT | 1,172,703 | $8.2M | 4.97% |
| 7 | PLANET LABS PBC | PL-WT | 154,431 | $3.0M | 1.84% |
| 8 | SPECTRUM BRANDS INC | SPB | 2,679,000 | $2.5M | 1.54% |
| 9 | JEFFERIES FINL GROUP INC | 47233W109 | 15,000 | $929,550 | 0.56% |
| 10 | HERBALIFE LTD | HLF | 70,910 | $914,030 | 0.55% |
| 11 | INNOVATE CORP | VATE | 127,934 | $578,262 | 0.35% |
| 12 | TABOOLA.COM LTD | TBLAW | 51,973 | $239,596 | 0.14% |
| 13 | PG&E CORP | PCG-PX | 14,750 | $237,033 | 0.14% |
| 14 | SIX FLAGS ENTERTAINMENT CORP | FUN | 10,000 | $153,400 | 0.09% |
| 15 | NAMIB MINERALS | NAMMW | 540,930 | $38,839 | 0.02% |
| 16 | MOBIX LABS INC | MOBXW | 190,616 | $17,155 | 0.01% |
| 17 | AURORA INNOVATION INC | AUROW | 20,288 | $4,567 | 0.00% |
| 18 | LIMINATUS PHARMA INC. | LIMNW | 29,166 | $1,021 | 0.00% |
| 19 | BANZAI INTERNATIONAL INC | BNZIW | 39,028 | $546 | 0.00% |