SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Benefit Street Partners LLC

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

Reported Value
$1.1B
Q2 2019
Positions
42
Filings on Record
23
2019–present window
Filed
Aug 12, 2019
original filing

Summary

Benefit Street Partners LLC reported $1.1B in U.S.-listed holdings across 42 positions for Q2 2019.

Its largest position, Berry Pete, represents 13.3% of the portfolio.

Compared with Q1 2019, the fund opened 13 new positions and exited 8.

Portfolio Metrics

Turnover
+63.2%
vs prior filed quarter
Top-10 Concentration
+35.9%
share of reported value
Largest Position
+13.3%
Berry Pete
New / Exited
13 / 8
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
Other: 60.8%Common Stock: 29.0%ADR: 5.2%US DOMESTIC: 5.0%
  • Other · 60.8% · $668M
  • Common Stock · 29.0% · $319M
  • ADR · 5.2% · $57M
  • US DOMESTIC · 5.0% · $55M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRNEW+1.60M1.60M+$470M$470M
ISHARES TRNEW+1.00M1.00M+$106M$106M
HASBRO INCNEW+285.7K285.7K+$30M$30M
WPX ENERGY INCNEW+2.13M2.13M+$24M$24M
PIONEER NAT RES CONEW+99.0K99.0K+$15M$15M
DIAMONDBACK ENERGY INCNEW+130.0K130.0K+$14M$14M
CCOCLEAR CHANNEL OUTDOOR HLDGSNEW+2.98M2.98M+$14M$14M
CONCHO RES INCNEW+87.5K87.5K+$9M$9M

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

Holdings — Q2 2019

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY PETE CORPCOM13.32%$146M13.80M
2OI S ASPONSORED ADR NE5.15%$57M28.14M
3CHESAPEAKE ENERGY CORPNOTE 5.500% 9/14.33%$48M59.62M
4AVAYA HLDGS CORPCOM3.06%$34M2.82M
5STNGSCORPIO TANKERS INChistory →SHS2.78%$31M1.04M
6LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/12.11%$23M2.31M
7PIONEER NAT RES COCOM1.39%$15M99.0K
8WPX ENERGY INCCOM1.34%$15M1.28M
9CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM1.28%$14M2.98M
10XXYCROSS CTRY HEALTHCARE INChistory →COM1.14%$13M1.34M
11VSTVISTRA ENERGY CORPCOM0.81%$9M393.2K
12NII HLDGS INCCOM PAR0.47%$5M3.07M
13CONCHO RES INCCOM0.47%$5M50.0K
14TESLA INCNOTE 2.375% 3/10.34%$4M3.81M
15THCTENET HEALTHCARE CORPCOM NEW0.28%$3M146.2K
16SPBSPECTRUM BRANDS HLDGS INC NECOM0.24%$3M48.2K
17DISH NETWORK CORPNOTE 2.375% 3/10.19%$2M2.30M
18FTS INTERNATIONAL INCCOM0.17%$2M326.8K
19FRONTIER COMMUNICATIONS CORPCOM NEW0.16%$2M1.02M
20CMLSQCUMULUS MEDIA INCCOM CLASS A0.10%$1M59.6K
21HC2 HLDGS INCCOM0.06%$669,000283.5K
22GSMFERROGLOBE PLCSHS0.03%$317,000186.7K
23SYNCSYNACOR INCCOM0.01%$93,00059.8K

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 2 additional managers.

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