Canyon Capital Advisors LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Canyon Capital Advisors LLC reported 9 stock positions worth $778.8 million. Its top holding was CBL & Associates Properties (CBL) at 32.0% of the portfolio, followed by Seadrill (SDRL, 24.5%) and Berry Global (BERY, 22.9%). Compared with Q3 2024, it opened 1 new position, sold out of 2 and reduced 1. The biggest buy was a new position in Magnera (MAGN) and the biggest sale an exit from Rush Street Interactive (RSI).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001074034
Portfolio Value
$778.8M (Q4 2024)
SEC Filing
0001085146-25-001688 ↗ filed Feb 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $866.6M Q1 2024 Q2 2024: $838.0M Q2 2024 Q3 2024: $790.2M Q3 2024 Q4 2024: $778.8M $778.8M Q4 2024 Q1 2025: $696.1M Q1 2025 Q2 2025: $723.0M Q2 2025 Q3 2025: $729.4M Q3 2025 Q4 2025: $760.7M Q4 2025 Q1 2026: $772.0M Q1 2026 Q2 2026: $882.0M Q2 2026

Holdings 9 stocks · $778.8M
CBL CBL & Associates Properties 31.97% 8,466,294 $249.0M No change
SDRL Seadrill Limited 24.48% 4,897,709 $190.7M No change
BERY Berry Global Group Inc. 22.88% 2,755,252 $178.2M No change
NE Noble Corp. PLC 7.15% 1,772,387 $55.7M Reduce -3.2%
FFWM First Foundation Inc. 6.44% 8,152,392 $50.1M No change
AMBP Ardagh Metal Packaging SA 3.92% 10,154,743 $30.6M No change
MAGN Magnera Corp. 1.78% 761,286 $13.8M New
RUN Sunrun Inc. 1.02% 858,300 $7.9M No change
HOUS Anywhere Real Estate Inc. 0.37% 877,425 $2.9M No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $27K (not counted above)
SecurityClassShares / PrincipalValueChange
SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 · principal 80,000$10KNo change
BSLKW Golden Arrow Merger A -CW26 *W EXP 08/13/202 · principal 166,666$9KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 · principal 175,000$8KNo change

Total filed on the 13F, all lines: $778.9M.

Portfolio Sells Q3 2024 → Q4 2024
RSI Rush Street Interactive Inc. Sold out 0.00% −1.37
ALLY Ally Financial Inc. Sold out 0.00% −1.37
NE Noble Corp. PLC Reduce -3.2% 7.15% −1.23

Portfolio Buys Q3 2024 → Q4 2024
MAGN Magnera Corp. New 1.78% +1.78

Notes & Other Activity Q3 2024 → Q4 2024
SUNRUN INC (RUN 0 02/01/26) NOTE 2/0 · principal Sold out 22,318,000 $20.5Mbefore exit
DISH NETWORK CORP (DISH 0 12/15/25) NOTE 12/1 · principal Sold out 20,000,000 $17.3Mbefore exit
JWSWF Jaws Mustang Acq C -CW26 *W EXP 01/30/202 · principal Sold out 500,000 $12Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 21$882.0MCBL, FSUN, WBD, AMBP, COMP
Q1 2026 18$772.0MCBL, SDRL, EA, QRVO, FFWM
Q4 2025 12$760.7MCBL, SDRL, AMCR, AMBP, FFWM
Q3 2025 11$729.4MCBL, AMCR, SDRL, FFWM, AMBP
Q2 2025 13$723.0MCBL, AMCR, SDRL, AMBP, FFWM
Q1 2025 11$696.1MCBL, BERY, SDRL, FFWM, AMBP
Q4 2024 9$778.8MCBL, SDRL, BERY, NE, FFWM
Q3 2024 10$790.2MCBL, SDRL, BERY, NE, FFWM
Q2 2024 9$838.0MSDRL, CBL, BERY, NE, HES
Q1 2024 9$866.6MSDRL, CBL, BERY, NE, HES