Canyon Capital Advisors 13F annual report
Canyon Capital Advisors is an investment fund managing more than $838 billion ran by Doug Anderson. There are currently 9 companies in Mr. Anderson’s portfolio. The largest investments include Seadrill 2021 Ltd and Cbl Assoc Pptys Inc, together worth $450 billion.
$838 billion Assets Under Management (AUM)
As of 7th August 2024, Canyon Capital Advisors’s top holding is 4,897,709 shares of Seadrill 2021 Ltd currently worth over $252 billion and making up 30.1% of the portfolio value.
In addition, the fund holds 8,466,294 shares of Cbl Assoc Pptys Inc worth $198 billion.
The third-largest holding is Berry Global Inc worth $162 billion and the next is Noble Corp Plc worth $81.8 billion, with 1,831,651 shares owned.
Currently, Canyon Capital Advisors's portfolio is worth at least $838 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Canyon Capital Advisors
The Canyon Capital Advisors office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Doug Anderson serves as the Chief Compliance Officer at Canyon Capital Advisors.
Recent trades
In the most recent 13F filing, Canyon Capital Advisors revealed that it had opened a new position in
Hess and bought 450,000 shares worth $66.4 billion.
This means they effectively own approximately 0.1% of the company.
Hess makes up
44.8%
of the fund's Energy sector allocation and has decreased its share price by 14.7% in the past year.
The investment fund also strengthened its position in Seadrill 2021 Ltd by buying
4,870,087 additional shares.
This makes their stake in Seadrill 2021 Ltd total 4,897,709 shares worth $252 billion.
On the other hand, there are companies that Canyon Capital Advisors is getting rid of from its portfolio.
Canyon Capital Advisors closed its position in Tenet Healthcare on 14th August 2024.
It sold the previously owned 1,397,782 shares for $83.1 billion.
Doug Anderson also disclosed a decreased stake in Rush Street Interactive by 0.5%.
This leaves the value of the investment at $29.6 billion and 3,087,503 shares.
One of the average hedge funds
The two most similar investment funds to Canyon Capital Advisors are Perpetual Investment Management Ltd and Harbour Trust & Investment Management Co. They manage $838 billion and $838 billion respectively.
Doug Anderson investment strategy
Canyon Capital Advisors’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Materials — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
11% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $11.8 billion.
The complete list of Canyon Capital Advisors trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Seadrill 2021 Ltd |
17,631.19%
4,897,709
|
$252,232,014,000 | 30.10% |
| Cbl Assoc Pptys Inc |
0.83%
8,466,294
|
$197,941,954,000 | 23.62% |
| Berry Global Group Inc |
No change
2,755,252
|
$162,146,580,000 | 19.35% |
| Tenet Healthcare Corp. |
Closed
1,397,782
|
$83,056,206,000 | |
| Noble Corp Plc |
67.84%
1,831,651
|
$81,783,217,000 | 9.76% |
| Hess Corporation |
Opened
450,000
|
$66,384,000,000 | 7.92% |
| Valaris Limited |
Closed
996,957
|
$64,862,023,000 | |
| Ardagh Metal Packaging S A |
No change
10,154,743
|
$34,526,126,000 | 4.12% |
| Rush Street Interactive, Inc. |
46.17%
3,087,503
|
$29,609,154,000 | 3.53% |
| Sunrun Inc |
No change
882,600
|
$10,467,636,000 | 1.25% |
| California Res Corp |
Closed
226,349
|
$8,714,437,000 | |
| Activision Blizzard Inc |
Closed
51,300
|
$4,390,767,000 | |
| Anywhere Real Estate Inc |
Opened
877,425
|
$2,904,277,000 | 0.35% |
| No transactions found | |||
| Showing first 500 out of 13 holdings | |||
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