Canyon Capital Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Canyon Capital Advisors LLC reported 11 stock positions worth $696.1 million. Its top holding was CBL & Associates Properties (CBL) at 32.3% of the portfolio, followed by Berry Global (BERY, 27.6%) and Seadrill (SDRL, 17.6%). Compared with Q4 2024, it opened 2 new positions, added to 2 and reduced 2. The biggest buy was Ardagh Metal Packaging (AMBP, shares +20%) and the biggest sale Noble (NE, shares −17%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001074034
Portfolio Value
$696.1M (Q1 2025)
SEC Filing
0001085146-25-003308 ↗ filed May 15, 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 Q4 2024 Q1 2025: $696.1M $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 11 stocks · $696.1M
CBL CBL & Associates Properties 32.33% 8,466,294 $225.0M No change
BERY Berry Global Group Inc. 27.63% 2,755,252 $192.3M No change
SDRL Seadrill Limited 17.59% 4,897,709 $122.4M No change
FFWM First Foundation Inc. 6.08% 8,152,392 $42.3M No change
AMBP Ardagh Metal Packaging SA 5.29% 12,183,591 $36.8M Add +20.0%
NE Noble Corp. PLC 4.98% 1,462,837 $34.7M Reduce -17.5%
RUN Sunrun Inc. 2.36% 2,801,500 $16.4M Add +226.4%
MAGN Magnera Corp. 1.86% 712,640 $12.9M Reduce -6.4%
ALLY Ally Financial Inc. 1.17% 223,330 $8.1M New
HOUS Anywhere Real Estate Inc. 0.42% 877,425 $2.9M No change
ACHC Acadia Healthcare Co. Inc. 0.30% 68,150 $2.1M New
Other holdings (3): bonds, preferreds, convertibles and warrants · $25K (not counted above)
SecurityClassShares / PrincipalValueChange
SONWQ Gores Metropoulos II -CW28 *W EXP 01/18/202 · principal 80,000$11KNo change
BAERW Wildfire New Pubco Inc.-27 *W EXP 01/24/202 · principal 175,000$9KNo change
BSLKW Golden Arrow Merger A -CW26 *W EXP 08/13/202 · principal 166,666$5KNo change

Total filed on the 13F, all lines: $696.1M.

Portfolio Sells Q4 2024 → Q1 2025
NE Noble Corp. PLC Reduce -17.5% 4.98% −2.16
MAGN Magnera Corp. Reduce -6.4% 1.86% +0.08

Portfolio Buys Q4 2024 → Q1 2025
AMBP Ardagh Metal Packaging SA Add +20.0% 5.29% +1.36
RUN Sunrun Inc. Add +226.4% 2.36% +1.34
ALLY Ally Financial Inc. New 1.17% +1.17
ACHC Acadia Healthcare Co. Inc. New 0.30% +0.30

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