-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, F1RJlH5Elb8WGatZiVIqxDBR7zCsQS60nPOJHbU9J0rT8osCRQ4VHYav8DvgEM59 1MOVmx+Q4G04U3J2avFMeQ== 0000912057-01-515840.txt : 20010516 0000912057-01-515840.hdr.sgml : 20010516 ACCESSION NUMBER: 0000912057-01-515840 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010331 FILED AS OF DATE: 20010515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANYON CAPITAL ADVISORS LLC /ADV CENTRAL INDEX KEY: 0001062244 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 954688436 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: SEC FILE NUMBER: 028-04347 FILM NUMBER: 1636745 BUSINESS ADDRESS: STREET 1: 9665 WILSHIRE BLVD STREET 2: STE 200 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 BUSINESS PHONE: 3102472700 FORMER COMPANY: FORMER CONFORMED NAME: CANYON CAPITAL ADVISORS LLC /ADV DATE OF NAME CHANGE: 19980710 13F-HR 1 a2049713z13f-hr.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year Ended: March 31, 2001 --------------- Check here if Amendment [ ]; Amendment Number: ____ This Amendment [Check only one.]: [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Canyon Capital Advisors LLC ---------------------------------------- Address: 9665 Wilshire Boulevard, Suite 200 ---------------------------------------- Beverly Hills, CA 90212 ---------------------------------------- Form 13F File Number: 28-7392 ---- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: R. Christian B. Evensen ---------------------------- Title: Managing Director ---------------------------- Phone: (310) 247-2700 ---------------------------- Signature, Place and Date of Signing: /s/ R. Christian B. Evensen Beverly Hills, California 05/14/2001 ------------------------------------------------------------------------------ [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s)). [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 2 ------------------------------------ Form 13F Information Table Entry Total: 226 ------------------------------------ Form 13F Information Table Value Total: $565,024 ------------------------------------ (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1. 28-6844 THE CANYON VALUE REALIZATION FUND (CAYMAN),LTD. 2. 28-6780 THE VALUE REALIZATION FUND, L.P. [Repeat as necessary.] Page 3 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01
Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- ACT MFG INC SUB NT CV 7%07 000973AB3 1,213 2,500,000 PRN ACT MFG INC SUB NT CV 7%07 000973AB3 909 1,875,000 PRN ACT MFG INC SUB NT CV 7%07 000973AB3 303 625,000 PRN AT&T CORP COM 001957109 840 39,431 SH AT&T CORP COM 001957109 588 27,623 SH AT&T CORP COM 001957109 32 1,483 SH AT&T CORP COM LIB GRP A 001957208 1,907 136,216 SH AT&T CORP COM LIB GRP A 001957208 1,440 102,884 SH AT&T CORP COM LIB GRP A 001957208 84 6,000 SH ADELPHIA BUSINESS SOLUTIONS CL A 006847107 77 16,250 SH ADELPHIA BUSINESS SOLUTIONS CL A 006847107 56 11,750 SH ADELPHIA BUSINESS SOLUTIONS CL A 006847107 24 5,000 SH AKAMAI TECHNOLOGIES INC SB NT CV 5.5%07 00971TAC5 939 2,470,000 PRN AKAMAI TECHNOLOGIES INC SB NT CV 5.5%07 00971TAC5 733 1,930,000 PRN AKAMAI TECHNOLOGIES INC SB NT CV 5.5%07 00971TAC5 418 1,100,000 PRN ALKERMES INC SUB NT CV3.75%07 01642TAB4 3,033 5,125,000 PRN ALKERMES INC SUB NT CV3.75%07 01642TAB4 1,494 2,525,000 PRN Page Total: 14,090 ALKERMES INC SUB NT CV3.75%07 01642TAB4 503 850,000 PRN AMERICA ONLINE INC DEL SUB NT CV ZRO 19 02364JAC8 14,547 27,908,000 PRN Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- ACT MFG INC DEFINED 1 2,500,000 ACT MFG INC DEFINED 2 1,875,000 ACT MFG INC DEFINED 625,000 AT&T CORP DEFINED 1 39,431 AT&T CORP DEFINED 2 27,623 AT&T CORP DEFINED 1,483 AT&T CORP DEFINED 1 136,216 AT&T CORP DEFINED 2 102,884 AT&T CORP DEFINED 6,000 ADELPHIA BUSINESS SOLUTIONS DEFINED 1 16,250 ADELPHIA BUSINESS SOLUTIONS DEFINED 2 11,750 ADELPHIA BUSINESS SOLUTIONS DEFINED 5,000 AKAMAI TECHNOLOGIES INC DEFINED 1 2,470,000 AKAMAI TECHNOLOGIES INC DEFINED 2 1,930,000 AKAMAI TECHNOLOGIES INC DEFINED 1,100,000 ALKERMES INC DEFINED 1 5,125,000 ALKERMES INC DEFINED 2 2,525,000 ALKERMES INC DEFINED 850,000 AMERICA ONLINE INC DEL DEFINED 1 27,908,000 Page 4 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- AMERICA ONLINE INC DEL SUB NT CV ZRO 19 02364JAC8 11,255 21,592,000 PRN AMERICA ONLINE INC DEL SUB NT CV ZRO 19 02364JAC8 2,867 5,500,000 PRN AMERICAN TOWER CORP NT CONV 5%10 029912AF9 2,630 3,340,000 PRN AMERICAN TOWER CORP NT CONV 5%10 029912AF9 2,114 2,685,000 PRN AMERICAN TOWER CORP NT CONV 5%10 029912AF9 374 475,000 PRN AT HOME CORP SUB NT CV 4.75%06 045919AF4 1,519 2,620,000 PRN AT HOME CORP SUB NT CV 4.75%06 045919AF4 1,296 2,235,000 PRN AT HOME CORP SUB NT CV 4.75%06 045919AF4 519 895,000 PRN AZTAR CORP COM 054802103 363 34,250 SH AZTAR CORP COM 054802103 274 25,850 SH AZTAR CORP COM 054802103 52 4,900 SH BEA SYS INC SB NT CV 4%06 073325AD4 11,100 10,000,000 PRN BEA SYS INC SB NT CV 4%06 073325AD4 7,770 7,000,000 PRN BEA SYS INC SB NT CV 4%06 073325AD4 3,330 3,000,000 PRN BLOCKBUSTER INC CL A 093679108 2,495 166,451 SH Page Total: 63,008 BLOCKBUSTER INC CL A 093679108 2,065 137,773 SH BLOCKBUSTER INC CL A 093679108 81 5,376 SH CV THERAPEUTICS INC SB NT CV4.75%07 126667AB0 2,021 2,750,000 PRN CV THERAPEUTICS INC SB NT CV4.75%07 126667AB0 1,286 1,750,000 PRN Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- AMERICA ONLINE INC DEL DEFINED 2 21,592,000 AMERICA ONLINE INC DEL DEFINED 5,500,000 AMERICAN TOWER CORP DEFINED 1 3,340,000 AMERICAN TOWER CORP DEFINED 2 2,685,000 AMERICAN TOWER CORP DEFINED 475,000 AT HOME CORP DEFINED 1 2,620,000 AT HOME CORP DEFINED 2 2,235,000 AT HOME CORP DEFINED 895,000 AZTAR CORP DEFINED 1 34,250 AZTAR CORP DEFINED 2 25,850 AZTAR CORP DEFINED 4,900 BEA SYS INC DEFINED 1 10,000,000 BEA SYS INC DEFINED 2 7,000,000 BEA SYS INC DEFINED 3,000,000 BLOCKBUSTER INC DEFINED 1 166,451 BLOCKBUSTER INC DEFINED 2 137,773 BLOCKBUSTER INC DEFINED 5,376 CV THERAPEUTICS INC DEFINED 1 2,750,000 CV THERAPEUTICS INC DEFINED 2 1,750,000 Page 5 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- CV THERAPEUTICS INC SB NT CV4.75%07 126667AB0 368 500,000 PRN CELESTICA INC LYON ZERO 20 15101QAA6 8,062 22,750,000 PRN CELESTICA INC LYON ZERO 20 15101QAA6 5,643 15,925,000 PRN CELESTICA INC LYON ZERO 20 15101QAA6 2,419 6,825,000 PRN CHARTER COMMUNICATIONS INC DEL SB NT CV5.75%05 16117MAB3 32,552 25,990,000 PRN CHARTER COMMUNICATIONS INC DEL SB NT CV5.75%05 16117MAB3 17,861 14,260,000 PRN CHARTER COMMUNICATIONS INC DEL SB NT CV5.75%05 16117MAB3 7,202 5,750,000 PRN CHECKERS DRIVE-IN RESTAURANTS WT EXP 000000 162809115 - 28,490 S CHECKERS DRIVE-IN RESTAURANTS WT EXP 000000 162809115 - 61,728 SH CHECKERS DRIVE-IN RESTAURANTS WT EXP 000000 162809115 - 4,748 SH CIENA CORP NT CONV 3.75%08 171779AA9 9,225 12,000,000 PRN CIENA CORP NT CONV 3.75%08 171779AA9 6,458 8,400,000 PRN CIENA CORP NT CONV 3.75%08 171779AA9 2,768 3,600,000 PRN Page Total: 98,011 CITIZENS COMMUNICATIONS CO COM 17453B101 3,248 256,762 SH CITIZENS COMMUNICATIONS CO COM 17453B101 2,299 181,705 SH CITIZENS COMMUNICATIONS CO COM 17453B101 65 5,129 SH CITIZENS UTILS TR PFD EPPICS CV 177351202 1,691 30,917 SH CITIZENS UTILS TR PFD EPPICS CV 177351202 3,235 59,148 SH CITIZENS UTILS TR PFD EPPICS CV 177351202 191 3,500 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- CV THERAPEUTICS INC DEFINED 500,000 CELESTICA INC DEFINED 1 22,750,000 CELESTICA INC DEFINED 2 15,925,000 CELESTICA INC DEFINED 6,825,000 CHARTER COMMUNICATIONS INC DEL DEFINED 1 25,990,000 CHARTER COMMUNICATIONS INC DEL DEFINED 2 14,260,000 CHARTER COMMUNICATIONS INC DEL DEFINED 5,750,000 CHECKERS DRIVE-IN RESTAURANTS DEFINED 1 28,490 CHECKERS DRIVE-IN RESTAURANTS DEFINED 2 61,728 CHECKERS DRIVE-IN RESTAURANTS DEFINED 4,748 CIENA CORP DEFINED 1 12,000,000 CIENA CORP DEFINED 2 8,400,000 CIENA CORP DEFINED 3,600,000 CITIZENS COMMUNICATIONS CO DEFINED 1 256,762 CITIZENS COMMUNICATIONS CO DEFINED 2 181,705 CITIZENS COMMUNICATIONS CO DEFINED 5,129 CITIZENS UTILS TR DEFINED 1 30,917 CITIZENS UTILS TR DEFINED 2 59,148 CITIZENS UTILS TR DEFINED 3,500 Page 6 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- DDI CORP SUB NT CV5.25%08 233162AA4 2,133 2,500,000 PRN DDI CORP SUB NT CV5.25%08 233162AA4 1,706 2,000,000 PRN DDI CORP SUB NT CV5.25%08 233162AA4 427 500,000 PRN DIGEX INC DEL CL A 253756100 184 13,175 SH DIGEX INC DEL CL A 253756100 95 6,825 SH DISNEY WALT CO COM DISNEY 254687106 911 31,870 SH DISNEY WALT CO COM DISNEY 254687106 447 15,630 SH DISNEY WALT CO COM DISNEY 254687106 72 2,500 SH ECHOSTAR COMMUNICATIONS NEW SB NT CV4.875%07 278762AD1 30,483 34,665,000 PRN ECHOSTAR COMMUNICATIONS NEW SB NT CV4.875%07 278762AD1 15,684 17,835,000 PRN ECHOSTAR COMMUNICATIONS NEW SB NT CV4.875%07 278762AD1 6,595 7,500,000 PRN Page Total: 69,466 ELECTRIC LIGHTWAVE INC CL A 284895109 524 250,472 SH ELECTRIC LIGHTWAVE INC CL A 284895109 351 167,768 SH ELECTRIC LIGHTWAVE INC CL A 284895109 20 9,660 SH ELOT INC COM 290143106 12 95,250 SH ELOT INC COM 290143106 10 79,750 SH FEDERATED DEPT STORES INC DEL COM 31410H101 727 17,500 SH FEDERATED DEPT STORES INC DEL COM 31410H101 467 11,250 SH FEDERATED DEPT STORES INC DEL COM 31410H101 52 1,250 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- DDI CORP DEFINED 1 2,500,000 DDI CORP DEFINED 2 2,000,000 DDI CORP DEFINED 500,000 DIGEX INC DEL DEFINED 1 13,175 DIGEX INC DEL DEFINED 2 6,825 DISNEY WALT CO DEFINED 1 31,870 DISNEY WALT CO DEFINED 2 15,630 DISNEY WALT CO DEFINED 2,500 ECHOSTAR COMMUNICATIONS NEW DEFINED 1 34,665,000 ECHOSTAR COMMUNICATIONS NEW DEFINED 2 17,835,000 ECHOSTAR COMMUNICATIONS NEW DEFINED 7,500,000 ELECTRIC LIGHTWAVE INC DEFINED 1 250,472 ELECTRIC LIGHTWAVE INC DEFINED 2 167,768 ELECTRIC LIGHTWAVE INC DEFINED 9,660 ELOT INC DEFINED 1 95,250 ELOT INC DEFINED 2 79,750 FEDERATED DEPT STORES INC DEL DEFINED 1 17,500 FEDERATED DEPT STORES INC DEL DEFINED 2 11,250 FEDERATED DEPT STORES INC DEL DEFINED 1,250 Page 7 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- GENERAL MTRS CORP CL H NEW 370442832 3,843 197,060 SH GENERAL MTRS CORP CL H NEW 370442832 2,486 127,490 SH GENERAL MTRS CORP CL H NEW 370442832 106 5,450 SH GENERAL SEMICONDUCTOR INC SUB NT CV5.75%06 370787AB9 3,805 4,450,000 PRN GENERAL SEMICONDUCTOR INC SUB NT CV5.75%06 370787AB9 3,313 3,875,000 PRN GENERAL SEMICONDUCTOR INC SUB NT CV5.75%06 370787AB9 791 925,000 PRN HUTCHINSON TECHNOLOGY INC SUB NT CV 6%05 448407AC0 968 1,250,000 PRN HUTCHINSON TECHNOLOGY INC SUB NT CV 6%05 448407AC0 774 1,000,000 PRN HUTCHINSON TECHNOLOGY INC SUB NT CV 6%05 448407AC0 194 250,000 PRN Page Total: 18,443 IMCLONE SYS INC SUB NT CV 5.5%05 45245WAD1 1,710 2,000,000 PRN IMCLONE SYS INC SUB NT CV 5.5%05 45245WAD1 2,138 2,500,000 PRN IMCLONE SYS INC SUB NT CV 5.5%05 45245WAD1 428 500,000 PRN INHALE THERAPEUTIC SYS INC SUB NT CV 3.5%07 457191AH7 3,128 5,000,000 PRN INHALE THERAPEUTIC SYS INC SUB NT CV 3.5%07 457191AH7 2,346 3,750,000 PRN INHALE THERAPEUTIC SYS INC SUB NT CV 3.5%07 457191AH7 782 1,250,000 PRN INTERNATIONAL RECTIFIER CORP SUB NT CV4.25%07 460254AE5 2,564 3,078,000 PRN INTERNATIONAL RECTIFIER CORP SUB NT CV4.25%07 460254AE5 1,351 1,622,000 PRN INTERNATIONAL RECTIFIER CORP SUB NT CV4.25%07 460254AE5 250 300,000 PRN INTERPUBLIC GROUP COS INC SUBNT CV 1.87%06 460690AJ9 1,073 1,250,000 PRN Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- GENERAL MTRS CORP DEFINED 1 197,060 GENERAL MTRS CORP DEFINED 2 127,490 GENERAL MTRS CORP DEFINED 5,450 GENERAL SEMICONDUCTOR INC DEFINED 1 4,450,000 GENERAL SEMICONDUCTOR INC DEFINED 2 3,875,000 GENERAL SEMICONDUCTOR INC DEFINED 925,000 HUTCHINSON TECHNOLOGY INC DEFINED 1 1,250,000 HUTCHINSON TECHNOLOGY INC DEFINED 2 1,000,000 HUTCHINSON TECHNOLOGY INC DEFINED 250,000 IMCLONE SYS INC DEFINED 1 2,000,000 IMCLONE SYS INC DEFINED 2 2,500,000 IMCLONE SYS INC DEFINED 500,000 INHALE THERAPEUTIC SYS INC DEFINED 1 5,000,000 INHALE THERAPEUTIC SYS INC DEFINED 2 3,750,000 INHALE THERAPEUTIC SYS INC DEFINED 1,250,000 INTERNATIONAL RECTIFIER CORP DEFINED 1 3,078,000 INTERNATIONAL RECTIFIER CORP DEFINED 2 1,622,000 INTERNATIONAL RECTIFIER CORP DEFINED 300,000 INTERPUBLIC GROUP COS INC DEFINED 1 1,250,000 Page 8 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- INTERPUBLIC GROUP COS INC SUBNT CV 1.87%06 460690AJ9 751 875,000 PRN INTERPUBLIC GROUP COS INC SUBNT CV 1.87%06 460690AJ9 322 375,000 PRN INVITROGEN CORP SB NT CV 5.5%07 46185RAB6 7,784 8,045,000 PRN INVITROGEN CORP SB NT CV 5.5%07 46185RAB6 4,843 5,005,000 PRN INVITROGEN CORP SB NT CV 5.5%07 46185RAB6 1,403 1,450,000 PRN I2 TECHNOLOGIES INC SUB NT CV5.25%06 465754AF6 9,875 12,500,000 PRN I2 TECHNOLOGIES INC SUB NT CV5.25%06 465754AF6 7,406 9,375,000 PRN Page Total: 48,154 I2 TECHNOLOGIES INC SUB NT CV5.25%06 465754AF6 2,469 3,125,000 PRN KULICKE & SOFFA INDS INC SUB NT CV4.75%06 501242AE1 3,318 4,000,000 PRN KULICKE & SOFFA INDS INC SUB NT CV4.75%06 501242AE1 2,488 3,000,000 PRN KULICKE & SOFFA INDS INC SUB NT CV4.75%06 501242AE1 829 1,000,000 PRN LODGENET ENTMT CORP COM 540211109 629 43,005 SH LODGENET ENTMT CORP COM 540211109 268 18,340 SH LODGENET ENTMT CORP COM 540211109 46 3,155 SH MAI SYSTEMS CORP COM 552620205 197 562,248 SH MAI SYSTEMS CORP COM 552620205 221 632,276 SH MAI SYSTEMS CORP COM 552620205 90 257,576 SH METROMEDIA INTL GROUP INC PRF CONV % 591695200 451 24,250 SH METROMEDIA INTL GROUP INC PRF CONV % 591695200 243 13,050 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- INTERPUBLIC GROUP COS INC DEFINED 2 875,000 INTERPUBLIC GROUP COS INC DEFINED 375,000 INVITROGEN CORP DEFINED 1 8,045,000 INVITROGEN CORP DEFINED 2 5,005,000 INVITROGEN CORP DEFINED 1,450,000 I2 TECHNOLOGIES INC DEFINED 1 12,500,000 I2 TECHNOLOGIES INC DEFINED 2 9,375,000 I2 TECHNOLOGIES INC DEFINED 3,125,000 KULICKE & SOFFA INDS INC DEFINED 1 4,000,000 KULICKE & SOFFA INDS INC DEFINED 2 3,000,000 KULICKE & SOFFA INDS INC DEFINED 1,000,000 LODGENET ENTMT CORP DEFINED 1 43,005 LODGENET ENTMT CORP DEFINED 2 18,340 LODGENET ENTMT CORP DEFINED 3,155 MAI SYSTEMS CORP DEFINED 1 562,248 MAI SYSTEMS CORP DEFINED 2 632,276 MAI SYSTEMS CORP DEFINED 257,576 METROMEDIA INTL GROUP INC DEFINED 1 24,250 METROMEDIA INTL GROUP INC DEFINED 2 13,050 Page 9 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- NASDAQ 100 TR UNIT SER 1 631100104 703 17,950 SH NASDAQ 100 TR UNIT SER 1 631100104 282 7,200 SH NASDAQ 100 TR UNIT SER 1 631100104 190 4,850 SH NEW VY CORP WT EXP 061404 649080116 4 30,962 SH NEW VY CORP WT EXP 061404 649080116 3 26,156 SH Page Total: 12,431 NEW VY CORP COM PAR $.01 649080504 2,469 705,560 SH NEW VY CORP COM PAR $.01 649080504 1,871 534,475 SH NEW VY CORP COM PAR $.01 649080504 70 20,000 SH NEWS CORP LTD SP ADR PFD 652487802 1,991 74,569 SH NEWS CORP LTD SP ADR PFD 652487802 1,290 48,301 SH NEWS CORP LTD SP ADR PFD 652487802 60 2,254 SH NORDSTROM INC COM 655664100 289 17,725 SH NORDSTROM INC COM 655664100 200 12,275 SH NORTEK INC COM 656559101 4,367 159,655 SH NORTEK INC COM 656559101 3,862 141,194 SH NORTEK INC COM 656559101 37 1,351 SH NOVELL INC COM 670006105 1,471 294,300 SH NOVELL INC COM 670006105 1,254 250,700 SH NOVELL INC COM 670006105 50 10,000 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- NASDAQ 100 TR DEFINED 1 17,950 NASDAQ 100 TR DEFINED 2 7,200 NASDAQ 100 TR DEFINED 4,850 NEW VY CORP DEFINED 1 30,962 NEW VY CORP DEFINED 2 26,156 NEW VY CORP DEFINED 1 705,560 NEW VY CORP DEFINED 2 534,475 NEW VY CORP DEFINED 20,000 NEWS CORP LTD DEFINED 1 74,569 NEWS CORP LTD DEFINED 2 48,301 NEWS CORP LTD DEFINED 2,254 NORDSTROM INC DEFINED 1 17,725 NORDSTROM INC DEFINED 2 12,275 NORTEK INC DEFINED 1 159,655 NORTEK INC DEFINED 2 141,194 NORTEK INC DEFINED 1,351 NOVELL INC DEFINED 1 294,300 NOVELL INC DEFINED 2 250,700 NOVELL INC DEFINED 10,000 Page 10 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- ONI SYSTEMS CORP SUB NT CV 5%05 68273FAA1 1,567 2,500,000 PRN ONI SYSTEMS CORP SUB NT CV 5%05 68273FAA1 1,254 2,000,000 PRN ONI SYSTEMS CORP SUB NT CV 5%05 68273FAA1 313 500,000 PRN Page Total: 22,415 ONLINE RES CORP COM 68273G101 149 85,275 SH ONLINE RES CORP COM 68273G101 121 69,225 SH ONLINE RES CORP COM 68273G101 11 6,000 SH ORACLE CORP COM 68389X105 150 10,000 SH ORACLE CORP COM 68389X105 90 6,000 SH ORACLE CORP COM 68389X105 60 4,000 SH PARK PL ENTMT CORP COM 700690100 607 59,200 SH PARK PL ENTMT CORP COM 700690100 365 35,600 SH PARK PL ENTMT CORP COM 700690100 53 5,200 SH PAYLESS SHOESOURCE INC COM 704379106 13,557 217,780 SH PAYLESS SHOESOURCE INC COM 704379106 11,350 182,325 SH PAYLESS SHOESOURCE INC COM 704379106 133 2,130 SH PEREGRINE SYSTEMS INC SB NT CV 114A 07 71366QAA9 11,351 11,000,000 PRN PEREGRINE SYSTEMS INC SB NT CV 114A 07 71366QAA9 8,513 8,250,000 PRN PEREGRINE SYSTEMS INC SB NT CV 114A 07 71366QAA9 2,838 2,750,000 PRN PINNACLE ENTMT INC COM 723456109 5,837 555,885 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- ONI SYSTEMS CORP DEFINED 1 2,500,000 ONI SYSTEMS CORP DEFINED 2 2,000,000 ONI SYSTEMS CORP DEFINED 500,000 ONLINE RES CORP DEFINED 1 85,275 ONLINE RES CORP DEFINED 2 69,225 ONLINE RES CORP DEFINED 6,000 ORACLE CORP DEFINED 1 10,000 ORACLE CORP DEFINED 2 6,000 ORACLE CORP DEFINED 4,000 PARK PL ENTMT CORP DEFINED 1 59,200 PARK PL ENTMT CORP DEFINED 2 35,600 PARK PL ENTMT CORP DEFINED 5,200 PAYLESS SHOESOURCE INC DEFINED 1 217,780 PAYLESS SHOESOURCE INC DEFINED 2 182,325 PAYLESS SHOESOURCE INC DEFINED 2,130 PEREGRINE SYSTEMS INC DEFINED 1 11,000,000 PEREGRINE SYSTEMS INC DEFINED 2 8,250,000 PEREGRINE SYSTEMS INC DEFINED 2,750,000 PINNACLE ENTMT INC DEFINED 1 555,885 Page 11 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- PINNACLE ENTMT INC COM 723456109 4,013 382,215 SH Page Total: 59,198 PINNACLE ENTMT INC COM 723456109 567 54,000 SH QUEST COMMUNICATIONS INTL INC COM 749121109 1,337 38,138 SH QUEST COMMUNICATIONS INTL INC COM 749121109 1,128 32,191 SH QUEST COMMUNICATIONS INTL INC COM 749121109 4 100 SH RF MICRODEVICES INC SUB NT CV3.75%05 749941AB6 1,575 2,500,000 PRN RF MICRODEVICES INC SUB NT CV3.75%05 749941AB6 1,260 2,000,000 PRN RF MICRODEVICES INC SUB NT CV3.75%05 749941AB6 315 500,000 PRN RALSTON PURINA CO COM 751277302 891 28,600 SH RALSTON PURINA CO COM 751277302 623 20,000 SH RALSTON PURINA CO COM 751277302 44 1,400 SH RATIONAL SOFTWARE CORP SUB NT CONV 5%07 75409PAC7 7,980 9,500,000 PRN RATIONAL SOFTWARE CORP SUB NT CONV 5%07 75409PAC7 5,943 7,075,000 PRN RATIONAL SOFTWARE CORP SUB NT CONV 5%07 75409PAC7 2,457 2,925,000 PRN SANMINA CORP SB DB CV ZERO 20 800907AD9 6,278 19,025,000 PRN SANMINA CORP SB DB CV ZERO 20 800907AD9 2,962 8,975,000 PRN SANMINA CORP SB DB CV ZERO 20 800907AD9 1,320 4,000,000 PRN SEMTECH CORP SUB NT CV 4.5%07 816850AD3 4,638 5,000,000 PRN Page Total: 39,322 Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- PINNACLE ENTMT INC DEFINED 2 382,215 PINNACLE ENTMT INC DEFINED 54,000 QUEST COMMUNICATIONS INTL INC DEFINED 1 38,138 QUEST COMMUNICATIONS INTL INC DEFINED 2 32,191 QUEST COMMUNICATIONS INTL INC DEFINED 100 RF MICRODEVICES INC DEFINED 1 2,500,000 RF MICRODEVICES INC DEFINED 2 2,000,000 RF MICRODEVICES INC DEFINED 500,000 RALSTON PURINA CO DEFINED 1 28,600 RALSTON PURINA CO DEFINED 2 20,000 RALSTON PURINA CO DEFINED 1,400 RATIONAL SOFTWARE CORP DEFINED 1 9,500,000 RATIONAL SOFTWARE CORP DEFINED 2 7,075,000 RATIONAL SOFTWARE CORP DEFINED 2,925,000 SANMINA CORP DEFINED 1 19,025,000 SANMINA CORP DEFINED 2 8,975,000 SANMINA CORP DEFINED 4,000,000 SEMTECH CORP DEFINED 1 5,000,000 Page 12 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- SEMTECH CORP SUB NT CV 4.5%07 816850AD3 3,478 3,750,000 PRN SEMTECH CORP SUB NT CV 4.5%07 816850AD3 1,159 1,250,000 PRN SEPRACOR INC SUB DB CONV 7%05 817315AH7 3,853 5,000,000 PRN SEPRACOR INC SUB DB CONV 7%05 817315AH7 3,083 4,000,000 PRN SEPRACOR INC SUB DB CONV 7%05 817315AH7 771 1,000,000 PRN SOLECTRON CORP SR LYON ZERO 20 834182AK3 13,043 26,250,000 PRN SOLECTRON CORP SR LYON ZERO 20 834182AK3 9,782 19,688,000 PRN SOLECTRON CORP SR LYON ZERO 20 834182AK3 3,261 6,562,000 PRN SOLECTRON CORP LYON ZERO CPN 20 834182AL1 4,169 10,000,000 PRN SOLECTRON CORP LYON ZERO CPN 20 834182AL1 2,918 7,000,000 PRN SOLECTRON CORP LYON ZERO CPN 20 834182AL1 1,251 3,000,000 PRN SPRINT CORP COM FON GROUP 852061100 700 31,811 SH SPRINT CORP COM FON GROUP 852061100 434 19,734 SH SPRINT CORP COM FON GROUP 852061100 31 1,405 SH TELEPHONE & DATA SYS INC COM 879433100 1,630 17,435 SH TELEPHONE & DATA SYS INC COM 879433100 800 8,553 SH TELEPHONE & DATA SYS INC COM 879433100 67 712 SH Page Total: 50,430 TENET HEALTHCARE CORP COM 88033G100 264 6,000 SH TENET HEALTHCARE CORP COM 88033G100 154 3,500 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- SEMTECH CORP DEFINED 2 3,750,000 SEMTECH CORP DEFINED 1,250,000 SEPRACOR INC DEFINED 1 5,000,000 SEPRACOR INC DEFINED 2 4,000,000 SEPRACOR INC DEFINED 1,000,000 SOLECTRON CORP DEFINED 1 26,250,000 SOLECTRON CORP DEFINED 2 19,688,000 SOLECTRON CORP DEFINED 6,562,000 SOLECTRON CORP DEFINED 1 10,000,000 SOLECTRON CORP DEFINED 2 7,000,000 SOLECTRON CORP DEFINED 3,000,000 SPRINT CORP DEFINED 1 31,811 SPRINT CORP DEFINED 2 19,734 SPRINT CORP DEFINED 1,405 TELEPHONE & DATA SYS INC DEFINED 1 17,435 TELEPHONE & DATA SYS INC DEFINED 2 8,553 TELEPHONE & DATA SYS INC DEFINED 712 TENET HEALTHCARE CORP DEFINED 1 6,000 TENET HEALTHCARE CORP DEFINED 2 3,500 Page 13 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- TENET HEALTHCARE CORP COM 88033G100 22 500 SH THERMO ELECTRON CORP SUBDB CV 144A 03 883556AF9 4,800 5,000,000 PRN THERMO ELECTRON CORP SUBDB CV 144A 03 883556AF9 3,360 3,500,000 PRN THERMO ELECTRON CORP SUBDB CV 144A 03 883556AF9 1,440 1,500,000 PRN TRANS WORLD ENTMT CORP COM 89336Q100 1,860 211,075 SH TRANS WORLD ENTMT CORP COM 89336Q100 1,494 169,490 SH TRANS WORLD ENTMT CORP COM 89336Q100 72 8,135 SH TRANSWITCH CORP NT CONV 4.5%05 894065AB7 1,672 2,500,000 PRN TRANSWITCH CORP NT CONV 4.5%05 894065AB7 1,170 1,750,000 PRN TRANSWITCH CORP NT CONV 4.5%05 894065AB7 502 750,000 PRN TYCO INTL LTD NEW LYON ZERO 20 902124AC0 16,156 22,000,000 PRN TYCO INTL LTD NEW LYON ZERO 20 902124AC0 10,281 14,000,000 PRN TYCO INTL LTD NEW LYON ZERO 20 902124AC0 2,938 4,000,000 PRN VECTOR GROUP LTD COM 92240M108 737 35,109 SH VECTOR GROUP LTD COM 92240M108 509 24,256 SH Page Total: 47,431 VECTOR GROUP LTD COM 92240M108 64 3,063 SH VIACOM INC CL B 925524308 2,396 54,500 SH VIACOM INC CL B 925524308 1,231 28,000 SH VIACOM INC CL B 925524308 110 2,500 SH Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- TENET HEALTHCARE CORP DEFINED 500 THERMO ELECTRON CORP DEFINED 1 5,000,000 THERMO ELECTRON CORP DEFINED 2 3,500,000 THERMO ELECTRON CORP DEFINED 1,500,000 TRANS WORLD ENTMT CORP DEFINED 1 211,075 TRANS WORLD ENTMT CORP DEFINED 2 169,490 TRANS WORLD ENTMT CORP DEFINED 8,135 TRANSWITCH CORP DEFINED 1 2,500,000 TRANSWITCH CORP DEFINED 2 1,750,000 TRANSWITCH CORP DEFINED 750,000 TYCO INTL LTD NEW DEFINED 1 22,000,000 TYCO INTL LTD NEW DEFINED 2 14,000,000 TYCO INTL LTD NEW DEFINED 4,000,000 VECTOR GROUP LTD DEFINED 1 35,109 VECTOR GROUP LTD DEFINED 2 24,256 VECTOR GROUP LTD DEFINED 3,063 VIACOM INC DEFINED 1 54,500 VIACOM INC DEFINED 2 28,000 VIACOM INC DEFINED 2,500 Page 14 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- VOICESTREAM WIRELESS CORP COM 928615103 4,807 52,037 SH VOICESTREAM WIRELESS CORP COM 928615103 3,339 36,144 SH VOICESTREAM WIRELESS CORP COM 928615103 267 2,896 SH WHX CORP COM 929248102 276 198,745 SH WHX CORP COM 929248102 109 76,955 SH WHX CORP PFD CV SER A 929248201 366 76,250 SH WHX CORP PFD CV SER A 929248201 397 82,750 SH WALTER INDS INC COM 93317Q105 2,425 281,985 SH WALTER INDS INC COM 93317Q105 2,436 283,270 SH WALTER INDS INC COM 93317Q105 109 12,645 SH WORLDCOM INC GA NEW COM 98157D106 1,503 80,408 SH WORLDCOM INC GA NEW COM 98157D106 934 49,984 SH WORLDCOM INC GA NEW COM 98157D106 187 10,008 SH Page Total: 20,956 XM SATELLITE RADIO HLDGS INC PFD CV B 8.25% 983759200 723 39,863 SH XM SATELLITE RADIO HLDGS INC PFD CV B 8.25% 983759200 636 35,092 SH XM SATELLITE RADIO HLDGS INC PFD CV B 8.25% 983759200 36 2,000 SH ZAPATA CORP COM NEW 989070503 131 8,013 SH ZAPATA CORP COM NEW 989070503 143 8,698 SH Page Total: 1,669 Column 6: Column 7: Column 8: Investment Other VOTING AUTHORITY Discretion Managers (a) Sole (b) Shared (c) None ---------------------------------------------------------------------- VOICESTREAM WIRELESS CORP DEFINED 1 52,037 VOICESTREAM WIRELESS CORP DEFINED 2 36,144 VOICESTREAM WIRELESS CORP DEFINED 2,896 WHX CORP DEFINED 1 198,745 WHX CORP DEFINED 2 76,955 WHX CORP DEFINED 1 76,250 WHX CORP DEFINED 2 82,750 WALTER INDS INC DEFINED 1 281,985 WALTER INDS INC DEFINED 2 283,270 WALTER INDS INC DEFINED 12,645 WORLDCOM INC GA NEW DEFINED 1 80,408 WORLDCOM INC GA NEW DEFINED 2 49,984 WORLDCOM INC GA NEW DEFINED 10,008 XM SATELLITE RADIO HLDGS INC DEFINED 1 39,863 XM SATELLITE RADIO HLDGS INC DEFINED 2 35,092 XM SATELLITE RADIO HLDGS INC DEFINED 2,000 ZAPATA CORP DEFINED 1 8,013 ZAPATA CORP DEFINED 2 8,698 Page 15 of 15 NAME OF REPORTING MANAGER: CANYON CAPITAL ADVISORS AS OF 3/31/01 Column 3: Column 4: Column 5: Column 1: Column 2: CUSIP Fair Shares or SH/ Put/ Name of Issuer Title of Class Number Market Principal PRN Call Value ($000) Amount - ---------------------------------------------------------------------------------------------------------------------------- Grand Total: 565,024
-----END PRIVACY-ENHANCED MESSAGE-----