CANYON CAPITAL ADVISORS LLC — 13F Holdings & Portfolio
CIK 1074034 · latest 13F-HR filed 2026-08-14
CANYON CAPITAL ADVISORS LLC manages $882.0M in 13F-reported U.S. long-equity assets across 22 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CBL (44.64%), FSUN (8.49%), WBD (6.35%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions and exited 5; 7 existing positions rose in reported value and 6 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Long-equity book
Distinct positions
Filed 2026-08-14
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 85.5%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 30, 2026.
2ND FLOOR
DALLAS, TX 75201
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| ANDERSON, DOUGLAS, ANTHONY Control | CHIEF COMPLIANCE OFFICER since Feb 2008 | Less than 5% | Individual |
| CHO, STEPHEN, PETER Control | GENERAL COUNSEL since Oct 2022 | Less than 5% | Individual |
| CP NEW CO LLC Control | MANAGING MEMBER since May 2024 | 75% or more | Domestic Entity |
| FRIEDMAN, JOSHUA, STEPHAN Control | MANAGING PARTNER since Dec 2001 | Less than 5% | Individual |
| JULIS, MITCHELL, RALPH Control | MANAGING PARTNER since Dec 2001 | Less than 5% | Individual |
| KAPLAN, JONATHAN, MATTHEW Control | CO-CHIEF OPERATING OFFICER since Jan 2026 | Less than 5% | Individual |
| SILVERMAN, STACY, LAURA Control | CO-CHIEF OPERATING OFFICER since Jan 2026 | Less than 5% | Individual |
| Silva, Luis, Alejandro Control | CHIEF FINANCIAL OFFICER since Jan 2021 | Less than 5% | Individual |
| CANYON HOLDCO LLC Control Indirect owner via CP NEW CO LLC | MANAGING MEMBER since May 2024 | 75% or more | Domestic Entity |
| FCP ASSET HOLDINGS LLC Control Indirect owner via CANYON HOLDCO LLC | OWNER since May 2024 | 50–75% | Domestic Entity |
| FRIEDMAN, JOSHUA, STEPHAN Control Indirect owner via PUMADA LLC | MEMBER/MANAGER AND TRUSTEE since Dec 2018 | 50–75% | Individual |
| IONNINA AND ARTA INVESTMENTS LLC Control Indirect owner via CANYON HOLDCO LLC | OWNER since May 2024 | 50–75% | Domestic Entity |
| JULIS, MITCHELL, RALPH Control Indirect owner via SOLDIERS FIELD PARK PRODUCTS, LLC | MEMBER/MANAGER AND TRUSTEE since Dec 2018 | 50–75% | Individual |
| PUMADA LLC Control Indirect owner via FCP ASSET HOLDINGS LLC | MANAGER AND MEMBER since Jan 2020 | General partner, trustee or manager | Domestic Entity |
| SOLDIERS FIELD PARK PRODUCTS, LLC Control Indirect owner via IONNINA AND ARTA INVESTMENTS LLC | MANAGER AND MEMBER since Jan 2020 | General partner, trustee or manager | Domestic Entity |
| FRIEDMAN, BETH, CARI Indirect owner via JOSHUA AND BETH FRIEDMAN TRUST | TRUSTEE since May 1998 | General partner, trustee or manager | Individual |
| JOSHUA AND BETH FRIEDMAN TRUST Indirect owner via FCP ASSET HOLDINGS LLC | MEMBER since Jan 2020 | 50–75% | Domestic Entity |
| JULIS, LINDA, JOLEEN Indirect owner via MITCHELL AND LINDA JOLEEN JULIS 1995 TRUST | TRUSTEE since Dec 2018 | General partner, trustee or manager | Individual |
| MITCHELL AND LINDA JOLEEN JULIS 1995 TRUST Indirect owner via IONNINA AND ARTA INVESTMENTS LLC | MEMBER since Jan 2020 | 50–75% | Domestic Entity |
Ownership & leadership changes · 9 filings with changes since Mar 30, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
- AddedSILVERMAN, STACY, LAURA · CO-CHIEF OPERATING OFFICER · Less than 5% · control person
- ChangedANDERSON, DOUGLAS, ANTHONY · now a control person
- ChangedCHO, STEPHEN, PETER · now a control person
- ChangedKAPLAN, JONATHAN, MATTHEW · title CHIEF OPERATING OFFICER → CO-CHIEF OPERATING OFFICER; now a control person
- ChangedSilva, Luis, Alejandro · now a control person
- No longer listedCANYON PARTNERS, LLC · MANAGING MEMBER · 75% or more · control person · listed since Jan 2009
- No longer listedFCP ASSET HOLDINGS LLC · OWNER · 50–75% · indirect via CANYON PARTNERS, LLC · control person · listed since Jan 2020
- No longer listedIONNINA AND ARTA INVESTMENTS LLC · OWNER · 50–75% · indirect via CANYON PARTNERS, LLC · control person · listed since Jan 2020
- AddedCANYON HOLDCO LLC · MANAGING MEMBER · 75% or more · indirect via CP NEW CO LLC · control person
- AddedCP NEW CO LLC · MANAGING MEMBER · 75% or more · control person
- AddedFCP ASSET HOLDINGS LLC · OWNER · 50–75% · indirect via CANYON HOLDCO LLC · control person
- AddedIONNINA AND ARTA INVESTMENTS LLC · OWNER · 50–75% · indirect via CANYON HOLDCO LLC · control person
- No longer listedJULIS, LINDA, JOLEEN · TRUSTEE · General partner, trustee or manager · indirect via MITCHELL AND LINDA JOLEEN TRUST · listed since Dec 2018
- No longer listedMITCHELL AND LINDA JOLEEN TRUST · MEMBER · 50–75% · indirect via IONNINA AND ARTA INVESTMENTS LLC · listed since Jan 2020
- AddedJULIS, LINDA, JOLEEN · TRUSTEE · General partner, trustee or manager · indirect via MITCHELL AND LINDA JOLEEN JULIS 1995 TRUST
- AddedMITCHELL AND LINDA JOLEEN JULIS 1995 TRUST · MEMBER · 50–75% · indirect via IONNINA AND ARTA INVESTMENTS LLC
- AddedCHO, STEPHEN, PETER · GENERAL COUNSEL · Less than 5%
- ChangedKAPLAN, JONATHAN, MATTHEW · title CHIEF OPERATING OFFICER AND GENERAL COUNSEL → CHIEF OPERATING OFFICER
- No longer listedPLAGA, JOHN, PAUL · CFO · Less than 5% · listed since Jul 1997
- AddedSilva, Luis, Alejandro · CHIEF FINANCIAL OFFICER · Less than 5%
- ChangedKAPLAN, JONATHAN, MATTHEW · title GENERAL COUNSEL → CHIEF OPERATING OFFICER AND GENERAL COUNSEL
- No longer listedBETH C. FRIEDMAN LIFETIME TRUST · LP OF THE JOSHUA S. FRIEDMAN FAMILY LP · 25–50% · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person · listed since Aug 2004
- No longer listedBETH C. FRIEDMAN REVOCABLE GP TRUST · MEMBER · 50–75% · indirect via PUMADA LLC · listed since Dec 2018
- No longer listedFRIEDMAN, BETH, CARI · TRUSTEE · General partner, trustee or manager · indirect via BETH C. FRIEDMAN LIFETIME TRUST; JOSHUA S. FRIEDMAN LIFETIME TRUST · listed since May 1998
- No longer listedJOSHUA S. FRIEDMAN LIFETIME TRUST · LP OF THE JOSHUA S. FRIEDMAN FAMILY LP · 25–50% · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person · listed since Aug 2004
- No longer listedJOSHUA S. FRIEDMAN REVOCABLE GP TRUST · MEMBER · 50–75% · indirect via PUMADA LLC · listed since Dec 2018
- No longer listedJULIS, LINDA, JOLEEN · MEMBER · 50–75% · indirect via SOLDIERS FIELD PARK PRODUCTS, LLC · listed since Dec 2018
- No longer listedPUMADA LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person · listed since Dec 2018
- No longer listedSOLDIERS FIELD PARK PRODUCTS, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person · listed since Dec 2018
- No longer listedTHE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · MEMBER · 25–50% · indirect via CANYON PARTNERS, LLC · control person · listed since Jan 2009
- No longer listedTHE JULIS FAMILY LIMITED PARTNERSHIP · MEMBER · 25–50% · indirect via CANYON PARTNERS, LLC · control person · listed since Jan 2009
- AddedFCP ASSET HOLDINGS LLC · OWNER · 50–75% · indirect via CANYON PARTNERS, LLC · control person
- AddedFRIEDMAN, BETH, CARI · TRUSTEE · General partner, trustee or manager · indirect via JOSHUA AND BETH FRIEDMAN TRUST
- AddedIONNINA AND ARTA INVESTMENTS LLC · OWNER · 50–75% · indirect via CANYON PARTNERS, LLC · control person
- AddedJOSHUA AND BETH FRIEDMAN TRUST · MEMBER · 50–75% · indirect via FCP ASSET HOLDINGS LLC
- AddedJULIS, LINDA, JOLEEN · TRUSTEE · General partner, trustee or manager · indirect via MITCHELL AND LINDA JOLEEN TRUST
- AddedMITCHELL AND LINDA JOLEEN TRUST · MEMBER · 50–75% · indirect via IONNINA AND ARTA INVESTMENTS LLC
- AddedPUMADA LLC · MANAGER AND MEMBER · General partner, trustee or manager · indirect via FCP ASSET HOLDINGS LLC · control person
- AddedSOLDIERS FIELD PARK PRODUCTS, LLC · MANAGER AND MEMBER · General partner, trustee or manager · indirect via IONNINA AND ARTA INVESTMENTS LLC · control person
- ChangedFRIEDMAN, JOSHUA, STEPHAN · indirect via PUMADA LLC: title MANAGER → MEMBER/MANAGER AND TRUSTEE
- ChangedJULIS, MITCHELL, RALPH · indirect via SOLDIERS FIELD PARK PRODUCTS, LLC: title MEMBER/MANAGER → MEMBER/MANAGER AND TRUSTEE
- No longer listedBETH C. FRIEDMAN REVOCABLE GP TRUST · GP OF THE JOSHUA S. FRIEDMAN FAMILY LP · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · listed since Aug 2004
- No longer listedFAMILY GST TRUST UNDER JULIS FAMILY 2005 IRREVOCABLE TRUST · LP OF THE JULIS FAMILY LP · 25–50% · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person · listed since Aug 2005
- No longer listedFRIEDMAN, JOSHUA, STEPHAN · TRUSTEE · General partner, trustee or manager · indirect via BETH C. FRIEDMAN LIFETIME TRUST; JOSHUA S. FRIEDMAN LIFETIME TRUST · listed since May 1998
- No longer listedFRIEDMAN, JOSHUA, STEPHAN · TRUSTEE · General partner, trustee or manager · indirect via FAMILY GST TRUST UNDER JULIS FAMILY 2005 IRREVOCABLE TRUST · listed since Apr 2005
- No longer listedJOSHUA S. FRIEDMAN REVOCABLE GP TRUST · GP OF THE JOSHUA S. FRIEDMAN FAMILY LP · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · listed since Aug 2004
- No longer listedJULIS, LINDA, JOLEEN · GP OF THE JULIS FAMILY LP · General partner, trustee or manager · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · listed since Apr 2005
- No longer listedJULIS, MITCHELL, RALPH · GP & LP OF THE JULIS FAMILY LP · 25–50% · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person · listed since Apr 2005
- AddedBETH C. FRIEDMAN REVOCABLE GP TRUST · MEMBER · 50–75% · indirect via PUMADA LLC
- AddedFRIEDMAN, JOSHUA, STEPHAN · MANAGER · 50–75% · indirect via PUMADA LLC · control person
- AddedJOSHUA S. FRIEDMAN REVOCABLE GP TRUST · MEMBER · 50–75% · indirect via PUMADA LLC
- AddedJULIS, LINDA, JOLEEN · MEMBER · 50–75% · indirect via SOLDIERS FIELD PARK PRODUCTS, LLC
- AddedJULIS, MITCHELL, RALPH · MEMBER/MANAGER · 50–75% · indirect via SOLDIERS FIELD PARK PRODUCTS, LLC · control person
- AddedPUMADA LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person
- AddedSOLDIERS FIELD PARK PRODUCTS, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person
- No longer listedTURNER, KENNETH, ROBERT · MANAGING PARTNER · Less than 5% · control person · listed since Dec 2001
- No longer listedSIMPSON, JOHN, HAROLD · COO · Less than 5% · listed since Jan 2005
- ListedANDERSON, DOUGLAS, ANTHONY · CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedBETH C. FRIEDMAN LIFETIME TRUST · LP OF THE JOSHUA S. FRIEDMAN FAMILY LP · 25–50% · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person
- ListedBETH C. FRIEDMAN REVOCABLE GP TRUST · GP OF THE JOSHUA S. FRIEDMAN FAMILY LP · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP
- ListedCANYON PARTNERS, LLC · MANAGING MEMBER · 75% or more · control person
- ListedFAMILY GST TRUST UNDER JULIS FAMILY 2005 IRREVOCABLE TRUST · LP OF THE JULIS FAMILY LP · 25–50% · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person
- ListedFRIEDMAN, BETH, CARI · TRUSTEE · General partner, trustee or manager · indirect via BETH C. FRIEDMAN LIFETIME TRUST; JOSHUA S. FRIEDMAN LIFETIME TRUST
- ListedFRIEDMAN, JOSHUA, STEPHAN · MANAGING PARTNER · Less than 5% · control person
- ListedFRIEDMAN, JOSHUA, STEPHAN · TRUSTEE · General partner, trustee or manager · indirect via BETH C. FRIEDMAN LIFETIME TRUST; JOSHUA S. FRIEDMAN LIFETIME TRUST
- ListedFRIEDMAN, JOSHUA, STEPHAN · TRUSTEE · General partner, trustee or manager · indirect via FAMILY GST TRUST UNDER JULIS FAMILY 2005 IRREVOCABLE TRUST
- ListedJOSHUA S. FRIEDMAN LIFETIME TRUST · LP OF THE JOSHUA S. FRIEDMAN FAMILY LP · 25–50% · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · control person
- ListedJOSHUA S. FRIEDMAN REVOCABLE GP TRUST · GP OF THE JOSHUA S. FRIEDMAN FAMILY LP · General partner, trustee or manager · indirect via THE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP
- ListedJULIS, LINDA, JOLEEN · GP OF THE JULIS FAMILY LP · General partner, trustee or manager · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP
- ListedJULIS, MITCHELL, RALPH · MANAGING PARTNER · Less than 5% · control person
- ListedJULIS, MITCHELL, RALPH · GP & LP OF THE JULIS FAMILY LP · 25–50% · indirect via THE JULIS FAMILY LIMITED PARTNERSHIP · control person
- ListedKAPLAN, JONATHAN, MATTHEW · GENERAL COUNSEL · Less than 5%
- ListedPLAGA, JOHN, PAUL · CFO · Less than 5%
- ListedSIMPSON, JOHN, HAROLD · COO · Less than 5%
- ListedTHE JOSHUA S. FRIEDMAN FAMILY LIMITED PARTNERSHIP · MEMBER · 25–50% · indirect via CANYON PARTNERS, LLC · control person
- ListedTHE JULIS FAMILY LIMITED PARTNERSHIP · MEMBER · 25–50% · indirect via CANYON PARTNERS, LLC · control person
- ListedTURNER, KENNETH, ROBERT · MANAGING PARTNER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- CBL & ASSOC PPTYS INC$68.4M +21.0%
- WARNER BROS DISCOVERY INC$31.3M +126.5%
- COMPASS INC$17.1M +66.9%
- JAMES HARDIE INDS PLC$5.1M +68.1%
- ARDAGH METAL PACKAGING S A$2.6M +5.5%
Top Trims
- SEADRILL LTD-$44.8M -78.1%
- ELECTRONIC ARTS INC-$35.8M -63.6%
- QORVO INC-$12.0M -24.8%
- ATKORE INC-$7.3M -40.9%
- MASTERBRAND INC-$3.0M -21.1%
New Positions
- FIRSTSUN CAP BANCORP$74.9M
- CORE & MAIN INC$24.6M
- TPG INC$23.7M
- UNIFIRST CORP MASS$19.8M
- ASHLAND INC$11.8M
Exited Positions
- FIRST FNDTN INC$48.1M
- PENNYMAC FINL SVCS INC NEW$16.4M
- KENVUE INC$12.9M
- OCEANFIRST FINL CORP$11.1M
- FLUSHING FINL CORP$1.4M
CANYON CAPITAL ADVISORS LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | CBL & ASSOC PPTYS INC | CBL | 124830878 | $393.7M | 44.64% | 7,416,294 | SH |
| 2 | FIRSTSUN CAP BANCORP | FSUN | 33767U107 | $74.9M | 8.49% | 1,931,052 | SH |
| 3 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $56.0M | 6.35% | 2,100,000 | SH |
| 4 | ARDAGH METAL PACKAGING S A | AMBP | L02235106 | $49.2M | 5.58% | 10,385,711 | SH |
| 5 | COMPASS INC | COMP | 20464U100 | $42.7M | 4.84% | 3,463,162 | SH |
| 6 | QORVO INC | QRVO | 74736K101 | $36.2M | 4.10% | 387,903 | SH |
| 7 | SUNRUN INC | RUN | 86771W105 | $33.0M | 3.75% | 2,470,000 | SH |
| 8 | CORE & MAIN INC | CNM | 21874C102 | $24.6M | 2.79% | 510,000 | SH |
| 9 | TPG INC | TPG | 872657101 | $23.7M | 2.69% | 584,200 | SH |
| 10 | ELECTRONIC ARTS INC | EA | 285512109 | $20.5M | 2.32% | 100,000 | SH |
| 11 | UNIFIRST CORP MASS | UNF | 904708104 | $19.8M | 2.25% | 75,000 | SH |
| 12 | AMCOR PLC | AMCR | G0250X149 | $18.7M | 2.12% | 431,885 | SH |
| 13 | JAMES HARDIE INDS PLC | JHX | G4253H101 | $12.7M | 1.44% | 484,748 | SH |
| 14 | SEADRILL LTD | SDRL | G7997W102 | $12.6M | 1.43% | 332,630 | SH |
| 15 | ASHLAND INC | ASH | 044186104 | $11.8M | 1.34% | 179,000 | SH |
| 16 | MASTERBRAND INC | MBC | 57638P104 | $11.1M | 1.26% | 1,077,523 | SH |
| 17 | ATKORE INC | ATKR | 047649108 | $10.6M | 1.20% | 139,700 | SH |
| 18 | MAGNERA CORP | MAGN | 55939A107 | $9.5M | 1.08% | 810,000 | SH |
| 19 | SKYWORKS SOLUTIONS INC | SWKS | 83088M102 | $8.3M | 0.94% | 122,000 | SH |
| 20 | AZUL S A | AZUL | 05501U601 | $6.5M | 0.74% | 721,828 | SH |
| 21 | UWM HOLDINGS CORPORATION | UWMC | 91823B109 | $5.8M | 0.66% | 2,531,196 | SH |
| 22 | BRIDGER AEROSPACE GRP HLDGS | BAERW | 96812F110 | $49.0K | 0.01% | 175,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $882.0M | 22 | 0001074034-26-000008 |
| 2026-03-31 | 2026-05-15 | $772.0M | 19 | 0001074034-26-000002 |
| 2025-12-31 | 2026-02-17 | $760.7M | 14 | 0001074034-26-000001 |
| 2025-09-30 | 2025-11-14 | $729.4M | 14 | 0001074034-25-000002 |
DALLAS, TX 75201