SEC 13F Intelligence

Managers / Q1 2026

Benefit Street Partners LLC

CIK 0001543160 · ONE MADISON AVENUE, SUITE 1600, NEW YORK, NY, 10010 · 401-751-1700

Reported Value
$86M
Q1 2026
Positions
19
Filings on Record
23
2019–present window
Filed
Apr 20, 2026
original filing

Summary

Benefit Street Partners LLC reported $86M in U.S.-listed holdings across 19 positions for Q1 2026.

The portfolio is heavily concentrated: Riot Platforms alone accounts for 34.4% of reported value.

Compared with Q4 2025, the fund opened 6 new positions and exited 4.

Portfolio Metrics

Turnover
+17.4%
vs prior filed quarter
Top-10 Concentration
+93.5%
share of reported value
Largest Position
+34.4%
Riot Platforms
New / Exited
6 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $680MQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.1BQ3 ’19: $403MQ3 ’19Q4 ’19: $211MQ1 ’20: $170MQ2 ’20: $395MQ2 ’20Q3 ’20: $204MQ4 ’20: $688MQ1 ’21: $704MQ1 ’21Q2 ’21: $262MQ3 ’21: $265MQ4 ’21: $302MQ4 ’21Q1 ’22: $540MQ2 ’22: $168MQ3 ’22: $85MQ3 ’22Q4 ’22: $52MQ1 ’23: $49MQ2 ’23: $31MQ2 ’23Q3 ’23: $20MQ4 ’25: $91MQ1 ’26: $86MQ1 ’26filingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 51.8%Common Stock: 24.6%PUBLIC: 17.7%GLOBAL: 5.9%
  • US DOMESTIC · 51.8% · $45M
  • Common Stock · 24.6% · $21M
  • PUBLIC · 17.7% · $15M
  • GLOBAL · 5.9% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PTONPELOTON INTERACTIVE INCNEW+250.0K250.0K+$1M$1M
ORACLE CORPNEW+20.9K20.9K+$940,169$940,169
SNOWFLAKE INCNEW+710.0K710.0K+$872,472$872,472
STRATEGY INCNEW+1.00M1.00M+$864,008$864,008
MKS INC.NEW+500.0K500.0K+$828,199$828,199
DATADOG INCNEW+750.0K750.0K+$727,200$727,200
MERCMERCER INTL INCADDED+723.7K787.4K+$991,971$1M
ANYWHERE REAL ESTATE INCSOLD OUT−644.7K0−$9M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RIOT PLATFORMS INCNOTE 0.750% 1/134.38%$30M25.82M
2ECHOECHOSTAR CORPCL A · NOTE 3.875%11/322.33%$19M1.52M
3PG&E CORPPFD CONV SER A16.58%$14M333.3K
4EAFGRAFTECH INTL LTD SR NThistory →COM NEW5.60%$5M713.1K
5JETBLUE AIRWAYS CORPNOTE 2.500% 9/05.44%$5M4.75M
6FLUENCE ENERGY INCNOTE 2.250% 6/12.34%$2M2.00M
7BLACKSTONE MORTGAGE TRUST INNOTE 5.500% 3/11.96%$2M1.70M
8COINBASE GLOBAL INCNOTE 0.250% 4/01.87%$2M1.75M
9STRATEGY INCNOTE 3/0 · NOTE 0.625% 9/11.69%$1M1.54M
10SHIFT4 PMTS INCNOTE 0.500% 8/01.36%$1M1.25M
11MERCMERCER INTL INChistory →COM1.29%$1M787.4K
12PTONPELOTON INTERACTIVE INChistory →CL A COM1.24%$1M250.0K
13ORACLE CORP6.5 DEP CUM SR D1.09%$940,16920.9K
14SNOWFLAKE INCNOTE 10/01.01%$872,472710.0K
15MKS INC.NOTE 1.250% 6/00.96%$828,199500.0K
16DATADOG INCNOTE 12/00.84%$727,200750.0K
17GOCOQGOHEALTH INCCL A NEW0.02%$20,52413.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$86M19Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$91M17Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2023$20M8Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$31M9Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$49M13May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$52M11Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$85M15Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$168M17Jul 27, 202213F-HRchanges · EDGAR ↗
Q1 2022$540M28May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$302M45Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$265M43Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$262M40Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$704M43May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$688M39Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$204M35Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$395M27Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$170M21May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$211M19Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$403M34Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.1B42Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.2B40May 28, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$680M46Jan 31, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • FRANKLIN RESOURCES INC028-00734

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.