5 Stocks to Buy According to Canyon Capital Advisors

4. Santander Consumer USA Holdings Inc. (NYSE:SC)

Canyon Capital Advisors’ Stake Value: $131,112,000
Percentage of Canyon Capital Advisors’ 13F Portfolio: 4.46%
Number of Hedge Fund Holders: 15

Santander Consumer USA Holdings Inc. (NYSE:SC) is a technology-driven, full-service consumer finance corporation focusing on car loans and third-party servicing to more than 2.5 million clients throughout its credit spectrum. Santander Consumer USA Holdings Inc. (NYSE:SC) is the fourth-largest holding of Canyon Capital Advisors.

In the fourth quarter of 2021, 15 hedge funds disclosed having positions in Santander Consumer USA Holdings Inc. (NYSE:SC) worth $1.06 billion. In addition, Elliott Management held a significant stake in Santander Consumer USA Holdings Inc. (NYSE:SC) in Q4, owning 16.74 million shares worth $223.4 million.

The Canyon Capital Advisors fund began building its stake in Santander Consumer USA Holdings Inc. (NYSE:SC) in the first quarter of 2014. In the fourth quarter of 2021, Canyon Capital Advisors’ held 3.12 million shares worth about $131.11 million. The hedge fund increased its stake in Santander Consumer USA Holdings Inc. (NYSE:SC) by 213% in the fourth quarter of 2021.