# Canyon Capital Advisors LLC

> 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.

- CRD: 107922
- Filed as: CANYON CAPITAL ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107922
- AdvisorCensus page: https://advisorcensus.com/firm/canyon-capital-advisors-llc-dallas-tx-107922

## Quick answers

**How is Canyon Capital Advisors LLC compensated?**
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.

**Where is Canyon Capital Advisors LLC located?**
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).

**Is Canyon Capital Advisors LLC registered with the SEC or a state?**
Canyon Capital Advisors LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 107922.

**How much does Canyon Capital Advisors LLC manage?**
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).

**How have Canyon Capital Advisors LLC's assets and staff changed since 2021?**
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.

**What types of clients does Canyon Capital Advisors LLC serve?**
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).

**Does Canyon Capital Advisors LLC report any disciplinary disclosures?**
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

**What changed in Canyon Capital Advisors LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $11,923,581,000
- Discretionary: $11,743,581,000
- Non-discretionary: $180,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 25 | $11,681,081,000 |
| Corporations or other businesses not listed above | 3 | $242,500,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1998 (28 years)
- Employees: 192 total, 80 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Central
- London
- Los Angeles, CA
- New York, NY
- Tokyo

### Websites listed on Form ADV (Item 1.I)
- canyonpartners.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $20,850,379,000 | 161 | March 29, 2021 |
| October 2022 | $17,891,939,000 | 156 | August 22, 2022 |
| October 2023 | $13,669,966,000 | 158 | September 28, 2023 |
| October 2024 | $13,647,142,000 | 158 | June 4, 2024 |
| October 2025 | $13,583,289,000 | 208 | March 31, 2025 |
| October 2026 | $11,923,581,000 | 192 | March 30, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Canyon Capital Advisors LLC (CRD 107922): Form ADV filing data as of October 2026.