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Livermore
Livermore
ZHEN

Canyon Capital Advisors LLC

SEC CIK
0001074034
Latest filing
Aug 14, 2026

The latest 13F from Canyon Capital Advisors LLC covers Q2 2026 (filed Aug 14, 2026): 22 long positions worth $882.0M. The top 10 holdings make up 85.5% of the portfolio, and the largest is CBL & Associates Properties Inc (CBL) at 44.6%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
8
Est. +$175.4M
Added
2
Est. +$34.2M
Reduced
8
Est. −$173.5M
Sold out
5
Est. −$89.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. CBLCBL & Associates Properties Inc
    44.6%$393.7MHistory
  2. FSUNFirstsun Capital Bancorp
    8.5%$74.9MHistory
  3. WBDWarner Bros. Discovery, Inc.
    6.3%$56.0MHistory
  4. AMBPArdagh Metal Packaging S.A.
    5.6%$49.2MHistory
  5. COMPCompass, Inc.
    4.8%$42.7MHistory

Share of portfolio

Top 5 holdings and the other 17 positions, by share of portfolio value

  1. CBL44.6%
  2. FSUN8.5%
  3. WBD6.3%
  4. AMBP5.6%
  5. COMP4.8%
  6. Other 17 positions30.1%

Biggest buys

New and added positions, by estimated amount bought

  1. FSUNFirstsun Capital Bancorp
    +$74.9MNewHistory
  2. WBDWarner Bros. Discovery, Inc.
    +$32.0MAddedHistory
  3. CNMCore & Main, Inc.
    +$24.6MNewHistory
  4. TPGTPG Inc.
    +$23.7MNewHistory
  5. UNFUnifirst Corp
    +$19.8MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. FSUNFirstsun Capital Bancorp
    +8.49 pp0.0% → 8.5%History
  2. WBDWarner Bros. Discovery, Inc.
    +3.15 pp3.2% → 6.3%History
  3. CNMCore & Main, Inc.
    +2.79 pp0.0% → 2.8%History
  4. TPGTPG Inc.
    +2.69 pp0.0% → 2.7%History
  5. UNFUnifirst Corp
    +2.25 pp0.0% → 2.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CBLCBL & Associates Properties Inc
    −$55.7MReducedHistory
  2. FFWMFirst Foundation Inc.
    −$48.1MSold outHistory
  3. EAElectronic Arts Inc.
    −$36.1MReducedHistory
  4. SDRLSEADRILL Ltd
    −$35.1MReducedHistory
  5. QRVOQorvo, Inc.
    −$21.8MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. FFWMFirst Foundation Inc.
    −6.23 pp6.2% → 0.0%History
  2. SDRLSEADRILL Ltd
    −6.01 pp7.4% → 1.4%History
  3. EAElectronic Arts Inc.
    −4.96 pp7.3% → 2.3%History
  4. QRVOQorvo, Inc.
    −2.13 pp6.2% → 4.1%History
  5. PFSIPennyMac Financial Services, Inc.
    −2.12 pp2.1% → 0.0%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$882.0M
+$110.0M (+14.2%) vs. prior quarter
Positions
22
+3 vs. prior quarter
Top 10 concentration
85.5%
Top 10 as share of value
Turnover
25.3%
Q2 2026, one quarter
Average holding period
11.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.94B (Q4 2021)

Q1 2021: $2.52BQ2 2021: $2.69BQ3 2021: $2.84BQ4 2021: $2.94BQ1 2022: $2.69BQ2 2022: $1.25BQ3 2022: $1.00BQ4 2022: $898.1MQ1 2023: $676.8MQ2 2023: $1.01BQ3 2023: $1.01BQ4 2023: $884.5MQ1 2024: $935.9MQ2 2024: $894.6MQ3 2024: $828.1MQ4 2024: $778.9MQ1 2025: $696.1MQ2 2025: $723.0MQ3 2025: $729.4MQ4 2025: $760.7MQ1 2026: $772.0MQ2 2026: $882.0M
Q1 2021Q2 2026
13F filings of Canyon Capital Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202622$882.0MCBLFSUNWBDvs. Q1 2026SEC
Q1 2026May 15, 202619$772.0MCBLSDRLEAvs. Q4 2025SEC
Q4 2025Feb 17, 202614$760.7MCBLSDRLAMCRvs. Q3 2025SEC
Q3 2025Nov 14, 202514$729.4MCBLAMCRSDRLvs. Q2 2025SEC
Q2 2025Aug 14, 202516$723.0MCBLAMCRSDRLvs. Q1 2025SEC
Q1 2025May 15, 202514$696.1MCBLBERYSDRLvs. Q4 2024SEC
Q4 2024Feb 14, 202512$778.9MCBLSDRLBERYvs. Q3 2024SEC
Q3 2024Nov 14, 202416$828.1MCBLSDRLBERYvs. Q2 2024SEC
Q2 2024Aug 14, 202417$894.6MSDRLCBLBERYvs. Q1 2024SEC
Q1 2024May 15, 202419$935.9MSDRLCBLBERYvs. Q4 2023SEC
Q4 2023Feb 14, 202421$884.5MSDRLCBLBERYvs. Q3 2023SEC
Q3 2023Nov 14, 202327$1.01BSDRLCBLBERYvs. Q2 2023SEC
Q2 2023Aug 14, 202332$1.01BSDRLCBLBERYvs. Q1 2023SEC
Q1 2023May 15, 202327$676.8MCBLBERYTHCvs. Q4 2022SEC
Q4 2022Feb 14, 202339$898.1MCBLBERYTHCvs. Q3 2022SEC
Q3 2022Nov 14, 202257$1.00BCBLBERYTHCvs. Q2 2022SEC
Q2 2022Aug 15, 202261$1.25BCBLShaw Communications IncBERYvs. Q1 2022SEC
Q1 2022May 16, 202296$2.69BCBLBERYShaw Communications Incvs. Q4 2021SEC
Q4 2021Feb 14, 2022116$2.94BBERYCBLTHCvs. Q3 2021SEC
Q3 2021Nov 15, 2021119$2.84BDELLXLNXBERYvs. Q2 2021SEC
Q2 2021Aug 16, 2021117$2.69BDELLXLNXBERYvs. Q1 2021SEC
Q1 2021May 17, 202191$2.52BDELLBERYXLNX–SEC

13D and 13G filings

Companies where Canyon Capital Advisors LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Canyon Capital Advisors LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
CBLCBL & Associates Properties Inc13D/A24.00%7.42M shares–Nov 9, 20216 filingsMay 26, 2026SEC

Latest filings

45 filings on file made by Canyon Capital Advisors LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Canyon Capital Advisors LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
CBLCBL & Associates Properties IncMay 26, 20269:07 PM ET13D/A24.00%7.42M shares–May 22, 2026SEC
SDRLSEADRILL LtdMay 18, 202612:40 PM ET13G/A2.02%1.26M shares−5.55 ppfrom 7.57%Below 5%Mar 31, 2026SEC
FFWMFirst Foundation Inc.Apr 3, 20264:05 PM ET13D/A0.00%0 shares−9.90 ppfrom 9.90%Below 5%Apr 1, 2026SEC
FFWMFirst Foundation Inc.Nov 3, 20256:14 PM ET13D9.90%8.15M shares–Oct 27, 2025SEC
SDRLSEADRILL LtdFeb 14, 20255:19 PM ET13G/A7.57%4.90M shares–Dec 31, 2024SEC
SDRLSEADRILL LtdNov 14, 202413G/AOld format–––SEC
FFWMFirst Foundation Inc.Nov 14, 202413GOld format–New–SEC
RSIRush Street Interactive, Inc.Nov 14, 202413G/AOld format–––SEC
CBLCBL & Associates Properties IncOct 16, 202413D/AOld format–––SEC
SDRLSEADRILL LtdFeb 14, 202413GOld format–New–SEC
RSIRush Street Interactive, Inc.Feb 14, 202413G/AOld format–––SEC
RITMRithm Capital Corp.Feb 14, 202413G/AOld format–––SEC
ACORAcorda Therapeutics, Inc.Feb 14, 202313G/AOld format–––SEC
NENoble Corp plcFeb 14, 202313G/AOld format–––SEC
RSIRush Street Interactive, Inc.Feb 14, 202313GOld format–New–SEC
Gores Holdings VII Inc.Feb 14, 202313G/AOld format–––SEC
RITMRithm Capital Corp.Feb 14, 202313GOld format–––SEC
Gores Holdings VIII Inc.Feb 14, 202313G/AOld format–––SEC
FLYXFlyexclusive Inc.Feb 14, 202313G/AOld format–––SEC
Gores Technology Partners II, Inc.Feb 14, 202313G/AOld format–––SEC