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Canyon Capital Advisors LLC

CIK:0001074034
Hedge Fund
$14B AUM
16 holdings
Dallas, TX, United States
Founded:1990
208 employees
Latest filing:Jun 30, 2025

Canyon Capital Advisors LLC is an alternative asset management firm based in Dallas, TX, founded in 1990. The firm is known for its focus on credit-oriented strategies and offers its investment management services primarily to institutional investors, such as pension funds, endowments, and foundations. As of the latest filings, Canyon employs over 200 professionals, combining expertise in credit, structured asset classes, and event-driven investing.

Investment Strategy

Canyon Capital Advisors LLC specializes in value-oriented investments, focusing on credit-intensive strategies, distressed securities, special situations, and event-driven opportunities. The firm employs deep fundamental research to identify mispriced securities in public and private markets, with an emphasis on capital preservation, downside risk management, and long-term returns. Their strategies span corporate, structured, real estate, and asset-backed credit globally, aiming to generate alpha through proprietary research and flexible mandate execution.

Top Buys
A
AMCRAMCOR PLC
+$179.6M
M
MBCMASTERBRAND INC
+$11.6M
A
AMBPARDAGH METAL PACKAGING S A
+$11.3M
A
ACHCACADIA HEALTHCARE COMPANY IN
+$9.8M
A
ALLYALLY FINL INC
+$7.2M
Top Sells
B
BERYBERRY GLOBAL GROUP INC
-$192.3M
C
CBLCBL & ASSOC PPTYS INC
-$10.1M
F
FLYYSPIRIT AVIATION HLDGS INC
+$3.2M
M
MAGNMAGNERA CORP
-$3.2M
F
FFWMFIRST FNDTN INC
-$733.7K

Top Holdings

C
CBLCBL & ASSOC PPTYS INC
+29.7%$215.0M
A
AMCRAMCOR PLC
+24.8%$179.6M
S
SDRLSEADRILL LTD
+17.8%$128.6M
A
AMBPARDAGH METAL PACKAGING S A
+6.7%$48.1M
F
FFWMFIRST FNDTN INC
+5.8%$41.6M

Equity Positions (16)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
C
CBL
CBL & ASSOC PPTYS INC29.73%$215.0M8,466,294$31.91$25.39-$10.1M
A
AMCR
AMCOR PLC24.84%$179.6M19,547,124$9.19$9.19+$179.6M
S
SDRL
SEADRILL LTD17.78%$128.6M4,897,709$41.27$26.25+$6.1M
A
AMBP
ARDAGH METAL PACKAGING S A6.65%$48.1M11,239,492$6.52$4.28+$11.3M
F
FFWM
FIRST FNDTN INC5.75%$41.6M8,152,392$6.24$5.10-$733.7K

Industry Allocation

REAL ESTATE INVESTMENT TRUSTS
+29.7%
DRILLING OIL & GAS WELLS
+28.5%
MISCELLANEOUS MANUFACTURING INDUSTRIES
+24.8%
STATE COMMERCIAL BANKS
+7.9%
METAL CANS
+6.7%