Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Canyon Value Realization Master Fund, L.P.
2. Date of Event Requiring Statement (Month/Day/Year)
02/05/2014
3. Issuer Name and Ticker or Trading Symbol
Malibu Boats, Inc. [MBUU]
(Last)
(First)
(Middle)
2000 AVENUE OF THE STARS, 11TH FLOOR
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOS ANGELES, CA 90067
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class A Common Stock 2,659,014
D (1)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Canyon Value Realization Master Fund, L.P.
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
    X    
Black Canyon Capital LLC
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
    X    
Black Canyon Investments LLC
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
    X    
Black Canyon Investments, L.P.
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
    X    
Hooks Michael K.
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
  X      
Lanigan Mark W.
2000 AVENUE OF THE STARS, 11TH FLOOR
LOS ANGELES, CA 90067
  X      

Signatures

THE CANYON VALUE REALIZATION MASTER FUND, L.P By: The Canyon Value Realization General Partner Company, LLC, its general partner By: Canyon Capital Advisors LLC, its Manager 02/05/2014
**Signature of Reporting Person Date

BLACK CANYON CAPITAL LLC, /s/ Michael K. Hooks 02/05/2014
**Signature of Reporting Person Date

BLACK CANYON INVESTMENTS LLC By: Black Canyon Capital LLC, a managing member, /s/ Michael K. Hooks 02/05/2014
**Signature of Reporting Person Date

BLACK CANYON INVESTMENTS L.P. By: Black Canyon Investments LLC, its general partner By: Black Canyon Capital LLC, a managing member, /s/ Michael K. Hooks 02/05/2014
**Signature of Reporting Person Date

/s/ Michael K. Hooks 02/05/2014
**Signature of Reporting Person Date

/s/ Mark W. Lanigan 02/05/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares are owned directly by The Canyon Value Realization Master Fund, L.P., of which Black Canyon Investments L.P. possesses the voting power and dispositive power pursuant to an agreement between Black Canyon Investments L.P. and The Canyon Value Realization Master Fund, L.P. The general partner of Black Canyon Investments L.P. is Black Canyon Investments LLC, the managing member of which is Black Canyon Capital LLC, the managing directors of which are Michael Hooks and Mark Lanigan.
 
Remarks:
Exhibit List:

Exhibit 24.1 - Power of Attorney for The Canyon Value Realization Master Fund, L.P.
Exhibit 24.2 - Power of Attorney for Black Canyon Capital LLC
Exhibit 24.3 - Power of Attorney for Black Canyon Investments LLC
Exhibit 24.4 - Power of Attorney for Black Canyon Investments L.P.
Exhibit 24.5 - Power of Attorney for Michael K. Hooks
Exhibit 24.6 - Power of Attorney for Mark W. Lanigan

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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