{
  "crd_number": 107922,
  "slug": "canyon-capital-advisors-llc-dallas-tx-107922",
  "primary_business_name": "CANYON CAPITAL ADVISORS LLC",
  "legal_name": "CANYON CAPITAL ADVISORS LLC",
  "dbas": [],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1998-06-18",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 11923581000.0,
  "raum_discretionary": 11743581000.0,
  "raum_non_discretionary": 180000000.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 192,
  "advisory_employees": 80,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 11681081000.0,
      "count": 25
    },
    "corporations_other_businesses": {
      "raum": 242500000.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NY",
    "TX"
  ],
  "websites": [
    "https://canyonpartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107922",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/canyon-capital-advisors-llc-dallas-tx-107922",
  "display_name": "Canyon Capital Advisors LLC",
  "summary": "Canyon Capital Advisors LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 1998, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Canyon Capital Advisors LLC (CRD 107922): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Canyon Capital Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Canyon Capital Advisors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Canyon Capital Advisors LLC located?",
      "a": "Canyon Capital Advisors LLC's principal office is in Dallas, TX, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Canyon Capital Advisors LLC registered with the SEC or a state?",
      "a": "Canyon Capital Advisors LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 107922."
    },
    {
      "q": "How much does Canyon Capital Advisors LLC manage?",
      "a": "Canyon Capital Advisors LLC reports $11,923,581,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (98% discretionary)."
    },
    {
      "q": "How have Canyon Capital Advisors LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Canyon Capital Advisors LLC: Regulatory assets under management: $20,850,379,000 in the October 2021 data and $11,923,581,000 in the October 2026 data, down 43%. Total employees: 161 in October 2021 and 192 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Canyon Capital Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (25); corporations or other businesses not listed above (3)."
    },
    {
      "q": "Does Canyon Capital Advisors LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107922"
    },
    {
      "q": "What changed in Canyon Capital Advisors LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 77 to 80. Regulatory assets under management went from $13,583,289,000 to $11,923,581,000 (-12%). Changed its office addresses in London. Changed its office addresses in New York, NY. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 20850379000.0,
      "total_employees": 161,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 17891939000.0,
      "total_employees": 156,
      "filing_date": "2022-08-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 13669966000.0,
      "total_employees": 158,
      "filing_date": "2023-09-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 13647142000.0,
      "total_employees": 158,
      "filing_date": "2024-06-04"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 13583289000.0,
      "total_employees": 208,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 11923581000.0,
      "total_employees": 192,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 77 to 80.",
        "Regulatory assets under management went from $13,583,289,000 to $11,923,581,000 (-12%).",
        "Changed its office addresses in London.",
        "Changed its office addresses in New York, NY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/canyon-capital-advisors-llc-dallas-tx-107922.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 25,
      "fewer_than_5": false,
      "raum": 11681081000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": false,
      "raum": 242500000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107922",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}