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Canyon Capital Advisors

SEC-registered adviser since 1998Dallas, TXCRD 107922

$11.9B
AUM
28
Clients
See fees
Fee
80
Advisory staff

From Form ADV filed 30 March 2026 · data retrieved 15 October 2026SEC record

Canyon Capital Advisors is an investment adviser headquartered in Dallas, Texas, and registered with the SEC since 1998. Its clients include pooled investment vehicles and corporations and other businesses.

Its services include portfolio management for pooled vehicles and portfolio management for institutions. Fee arrangements include a percentage of assets under management and performance-based fees. CP New Co LLC owns 75% or more of Canyon Capital Advisors.

Clients

Canyon Capital Advisors serves 28 clients, 25 of them pooled investment vehicles. The average client has about $426 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles25 clients98%
  • Corporations and other businesses3 clients2%
Show client breakdown
Pooled investment vehicles
Clients
25
Regulatory AUM
$11,681,081,000
Share
98.0%
Avg. per client
$467.2M
Corporations and other businesses
Clients
3
Regulatory AUM
$242,500,000
Share
2.0%
Avg. per client
$80.8M

Total

Clients
28
Regulatory AUM
$11,923,581,000
Share
100%
Avg. per client
$425.8M

What it does

Canyon Capital Advisors provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.

Canyon Capital Advisors advises 24 private funds.

98.5% of assets ($11.74B across 27 accounts) are managed with discretion; $180.0M across 1 account is not. 54% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Other100%
    • Trade claims and loans100%

Custodians

Canyon Capital Advisors has custody of $11.48B for 24 clients.

Managed account assets by custodian
  • All other custodians$11.92B100%

Ownership and leadership

CP New Co LLC owns 75% or more of Canyon Capital Advisors.

Who owns the firm
Canyon Capital Advisors LLC· the adviser

  • CP New Co LLC

    Control person · since May 2024

    Owns 75% or more of Canyon Capital Advisors LLC

Leadership

  • Luis Silva
    Chief Financial Officer
  • Jonathan Kaplan
    Co-Chief Operating Officer
  • Stacy Silverman
    Co-Chief Operating Officer
  • Douglas Anderson
    Chief Compliance Officer
  • Stephen Cho
    General Counsel
  • Joshua Friedman
    Managing Partner
  • Mitchell Julis
    Managing Partner

Staff

  • 192 employees
  • 80 in advisory functions
  • 21 broker-dealer reps

Reported holdings

Canyon Capital Advisors’ reported 13F holdings total $882.0M across 22 positions, and the ten largest make up 85.5% of it.

$882.0M
Reported 13F value
22
Positions
85.5%
In the 10 largest
+14.2%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Cbl & Assoc Pptys Inc.44.6%
  2. Firstsun Cap Bancorp8.5%
  3. Warner Bros Discovery Inc. · Com Ser A6.3%
  4. Ardagh Metal Packaging S A5.6%
  5. Compass Inc. · CL A4.8%
  6. Qorvo Inc.4.1%
  7. Sunrun Inc.3.7%
  8. Core & Main Inc. · CL A2.8%
  9. Tpg Inc. · Com CL A2.7%
  10. Electronic Arts Inc.2.3%

Together, the ten largest are 85.5% of reported value.

The 22 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $882.0M is not its $11.92B in regulatory assets and does not represent any individual client's portfolio.

Fees

Canyon Capital Advisors is paid through a percentage of assets under management and performance-based fees.

Canyon Capital Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Canyon Capital Advisors has 5 offices, with 3 listed addresses across 3 states.

Listed office addresses by state

Texas · 1 listed address

  • 2728 North Harwood Street, 2nd Floor, DallasHQ

Registration details

Legal name
Canyon Capital Advisors LLC
Headquarters
2728 North Harwood Street, 2nd Floor, Dallas, TX 75201
Phone
214-253-6000
Website
Not reported
SEC file
801-55592
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Canyon Capital Advisors have?

Canyon Capital Advisors has 28 clients and manages $11.9 billion for them, as of March 2026. They include 25 pooled investment vehicles and 3 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026

What services does Canyon Capital Advisors offer?

Canyon Capital Advisors provides portfolio management for pooled vehicles and portfolio management for institutions.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Canyon Capital Advisors have?

Canyon Capital Advisors has 0 investment adviser representatives registered with state securities authorities, out of 192 employees, and 80 perform investment advisory functions. 21 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Canyon Capital Advisors invest in?

At the end of its last fiscal year, Canyon Capital Advisors’ separately managed accounts held 100% trade claims and loans. It advises 24 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Canyon Capital Advisors?

Canyon Capital Advisors is owned through a chain of holding companies by Mitchell Julis and Joshua Friedman. Its direct owner is CP New Co LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026

How does Canyon Capital Advisors get paid?

Canyon Capital Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 30 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 107922.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Canyon Capital Advisors LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.