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.

Loading holdings…
AUM
$882.0M

Long-equity book

Holdings
22

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+8 / −5 / ↑7 / ↓6

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

Box 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 value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated 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 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The 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.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$11.92B
Discretionary
$11.74B
Employees
192
Accounts
28
Address
2728 NORTH HARWOOD STREET
2ND FLOOR
DALLAS, TX 75201
Phone
(214) 253-6000
Name Title / Status Ownership Type
ANDERSON, DOUGLAS, ANTHONY ControlCHIEF COMPLIANCE OFFICER
since Feb 2008
Less than 5%Individual
CHO, STEPHEN, PETER ControlGENERAL COUNSEL
since Oct 2022
Less than 5%Individual
CP NEW CO LLC ControlMANAGING MEMBER
since May 2024
75% or moreDomestic Entity
FRIEDMAN, JOSHUA, STEPHAN ControlMANAGING PARTNER
since Dec 2001
Less than 5%Individual
JULIS, MITCHELL, RALPH ControlMANAGING PARTNER
since Dec 2001
Less than 5%Individual
KAPLAN, JONATHAN, MATTHEW ControlCO-CHIEF OPERATING OFFICER
since Jan 2026
Less than 5%Individual
SILVERMAN, STACY, LAURA ControlCO-CHIEF OPERATING OFFICER
since Jan 2026
Less than 5%Individual
Silva, Luis, Alejandro ControlCHIEF 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 moreDomestic 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 managerDomestic 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 managerDomestic Entity
FRIEDMAN, BETH, CARI
Indirect owner via JOSHUA AND BETH FRIEDMAN TRUST
TRUSTEE
since May 1998
General partner, trustee or managerIndividual
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 managerIndividual
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.

Mar 30, 2026 filing
  • 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
Jun 4, 2024 filing
  • 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
Sep 28, 2023 filing
  • 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
Mar 23, 2023 filing
  • AddedCHO, STEPHEN, PETER · GENERAL COUNSEL · Less than 5%
  • ChangedKAPLAN, JONATHAN, MATTHEW · title CHIEF OPERATING OFFICER AND GENERAL COUNSEL → CHIEF OPERATING OFFICER
Mar 29, 2021 filing
  • 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
Mar 27, 2020 filing
  • 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
Mar 25, 2019 filing
  • 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
Oct 2, 2013 filing
  • No longer listedTURNER, KENNETH, ROBERT · MANAGING PARTNER · Less than 5% · control person · listed since Dec 2001
May 23, 2013 filing
  • No longer listedSIMPSON, JOHN, HAROLD · COO · Less than 5% · listed since Jan 2005
Mar 30, 2012 filing (earliest on record)
  • 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)

Show all 7 →

Top Trims

Show all 6 →

Exited Positions

Show all 5 →

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
Filing History
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
Filer Information
Address
2728 NORTH HARWOOD STREET, 2ND FLOOR
DALLAS, TX 75201
Phone
(310) 272-1000
Filing Manager
CANYON CAPITAL ADVISORS LLC
DALLAS, TX
Signatory
Doug A. Anderson
Chief Compliance Officer