Josh Friedman's portfolio
In the Q2 2026 13F, filed August 14, 2026, Canyon Capital Advisors reported 21 US stock positions worth $882M. The largest was CBL & Associates Properties (CBL) at 44.6% of the portfolio. New positions: FirstSun Capital Bancorp (FSUN), Core & Main (CNM) and TPG (TPG). Added to: Warner Bros Discovery (WBD). The Q3 2026 13F is due by November 14, 2026.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- FirstSun Capital BancorpFSUN$75M
- Core & MainCNM$25M
- TPGTPG$24M
- UnifirstUNF$20M
- AshlandASH$12M
- Skyworks SolutionsSWKS$8M
- AZULAZUL$6M
- UWM HoldingsUWMC$6M
Added to
- Warner Bros DiscoveryWBD$56M
Trimmed
- CBL & Associates PropertiesCBL$394M
- Ardagh Metal PackagingAMBP$49M
- CompassCOMP$43M
- QorvoQRVO$36M
- Electronic ArtsEA$21M
- MasterBrandMBC$11M
- Atkore InternationalATKR$11M
Sold out
None this quarter.
Holdings
21 US-listed positions in the Q2 2026 13F, largest first.
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| CBL & Associates PropertiesCBL | 44.64% | $394M | 7,416,294 | Trimmed |
| FirstSun Capital BancorpFSUN | 8.49% | $75M | 1,931,052 | New |
| Warner Bros DiscoveryWBD | 6.35% | $56M | 2,100,000 | Added |
| Ardagh Metal PackagingAMBP | 5.58% | $49M | 10,385,711 | Trimmed |
| CompassCOMP | 4.84% | $43M | 3,463,162 | Trimmed |
| QorvoQRVO | 4.10% | $36M | 387,903 | Trimmed |
| SunrunRUN | 3.75% | $33M | 2,470,000 | Held |
| Core & MainCNM | 2.79% | $25M | 510,000 | New |
| TPGTPG | 2.69% | $24M | 584,200 | New |
| Electronic ArtsEA | 2.33% | $21M | 100,000 | Trimmed |
| UnifirstUNF | 2.25% | $20M | 75,000 | New |
| AmcorAMCR | 2.12% | $19M | 431,885 | Held |
| James Hardie Inds Plc | 1.44% | $13M | 484,748 | Held |
| Seadrill | 1.43% | $13M | 332,630 | Held |
| AshlandASH | 1.34% | $12M | 179,000 | New |
| MasterBrandMBC | 1.26% | $11M | 1,077,523 | Trimmed |
| Atkore InternationalATKR | 1.20% | $11M | 139,700 | Trimmed |
| MagneraMAGN | 1.08% | $10M | 810,000 | Held |
| Skyworks SolutionsSWKS | 0.94% | $8M | 122,000 | New |
| AZULAZUL | 0.74% | $6M | 721,828 | New |
| UWM HoldingsUWMC | 0.66% | $6M | 2,531,196 | New |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Josh Friedman own?
In the Q2 2026 13F, Canyon Capital Advisors reported 21 US stock positions worth $882M. The largest: CBL & Associates Properties (CBL) 44.6%, FirstSun Capital Bancorp (FSUN) 8.5%, Warner Bros Discovery (WBD) 6.3%, Ardagh Metal Packaging (AMBP) 5.6%, Compass (COMP) 4.8%.
What did Josh Friedman buy last quarter?
In Q2 2026: new position in FirstSun Capital Bancorp (FSUN); new position in Core & Main (CNM); new position in TPG (TPG); added to Warner Bros Discovery (WBD).
What did Josh Friedman sell last quarter?
In Q2 2026: cut CBL & Associates Properties (CBL); cut Ardagh Metal Packaging (AMBP); cut Compass (COMP).
When is Josh Friedman's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.