SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Benefit Street Partners LLC

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

Reported Value
$680M
Q4 2018
Positions
46
Filings on Record
23
2019–present window
Filed
Jan 31, 2019
original filing

Summary

Benefit Street Partners LLC reported $680M in U.S.-listed holdings across 46 positions for Q4 2018.

The portfolio is heavily concentrated: Berry Pete alone accounts for 23.9% of reported value.

Portfolio Metrics

Top-10 Concentration
+57.7%
share of reported value
Largest Position
+23.9%
Berry Pete

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
Common Stock: 41.8%ETP: 32.3%US DOMESTIC: 13.3%ADR: 4.6%MLP: 4.3%Other: 3.6%
  • Common Stock · 41.8% · $284M
  • ETP · 32.3% · $220M
  • US DOMESTIC · 13.3% · $91M
  • ADR · 4.6% · $32M
  • MLP · 4.3% · $29M
  • Other · 3.6% · $25M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+879.5K879.5K+$220M$220M
BERRY PETE CORPNEW+18.59M18.59M+$163M$163M
CHESAPEAKE ENERGY CORPNEW+60.12M60.12M+$48M$48M
AVAYA HLDGS CORPNEW+3.28M3.28M+$48M$48M
WEATHERFORD INTL LTDNEW+54.55M54.55M+$34M$34M
OI S ANEW+19.71M19.71M+$32M$32M
ETENERGY TRANSFER LPNEW+2.19M2.19M+$29M$29M
SCORPIO TANKERS INCNEW+11.21M11.21M+$20M$20M

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

Holdings — Q4 2018

26 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY PETE CORPCOM23.93%$163M18.59M
2CHESAPEAKE ENERGY CORPNOTE 5.500% 9/17.12%$48M60.12M
3AVAYA HLDGS CORPCOM7.03%$48M3.28M
4WEATHERFORD INTL LTDNOTE 5.875% 7/05.06%$34M54.55M
5OI S ASPONSORED ADR NE4.64%$32M19.71M
6SCORPIO TANKERS INCSHS2.90%$20M11.21M
7NII HLDGS INCCOM PAR2.16%$15M3.33M
8VSTVISTRA ENERGY CORPhistory →COM1.83%$12M542.2K
9TMUST MOBILE US INChistory →COM1.55%$11M165.4K
10XXYCROSS CTRY HEALTHCARE INChistory →COM1.44%$10M1.34M
11SDSANDRIDGE ENERGY INChistory →COM NEW1.12%$8M1.00M
12EAGLE BULK SHIPPING INCSHS NEW0.60%$4M877.9K
13ARANTERO RES CORPCOM0.55%$4M401.1K
14AK STL CORPNOTE 5.000%11/10.44%$3M3.00M
15FRONTIER COMMUNICATIONS CORPCOM NEW0.41%$3M1.18M
16THCTENET HEALTHCARE CORPCOM NEW0.37%$3M148.5K
17SPBSPECTRUM BRANDS HLDGS INC NECOM0.30%$2M48.2K
18FTS INTERNATIONAL INCCOM0.27%$2M258.6K
19DISH NETWORK CORPNOTE 2.375% 3/10.27%$2M2.30M
20ENSCO JERSEY FIN LTDNOTE 3.000% 1/30.24%$2M2.42M
21GSMFERROGLOBE PLCSHS0.23%$2M971.0K
22CHENIERE ENERGY INCNOTE 4.250% 3/10.21%$1M2.00M
23HC2 HLDGS INCCOM0.11%$748,000283.5K
24DONNELLEY R R & SONS COCOM0.05%$321,00081.1K
25SNEURSANCHEZ ENERGY CORPCOM0.02%$148,000546.1K
26SYNCSYNACOR INCCOM0.01%$88,00059.8K

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.

  • Benefit Street Credit Alpha Master Fund Ltd.028-18458

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 ↗.