SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Benefit Street Partners LLC

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

Reported Value
$211M
Q4 2019
Positions
19
Filings on Record
23
2019–present window
Filed
Feb 13, 2020
original filing

Summary

Benefit Street Partners LLC reported $211M in U.S.-listed holdings across 19 positions for Q4 2019.

The portfolio is heavily concentrated: Berry Pete alone accounts for 52.8% of reported value.

Compared with Q3 2019, the fund opened 0 new positions and exited 7.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+96.2%
share of reported value
Largest Position
+52.8%
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: 95.4%US DOMESTIC: 3.6%ADR: 0.7%Other: 0.3%
  • Common Stock · 95.4% · $202M
  • US DOMESTIC · 3.6% · $8M
  • ADR · 0.7% · $2M
  • Other · 0.3% · $615,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HASBRO INCSOLD OUT−285.7K0−$34M$0
PIONEER NAT RES COSOLD OUT−134.0K0−$17M$0
AVAYA HLDGS CORPSOLD OUT−14.11M0−$12M$0
XXYCROSS CTRY HEALTHCARE INCSOLD OUT−1.09M0−$11M$0
THCTENET HEALTHCARE CORPSOLD OUT−157.7K0−$3M$0
SPBSPECTRUM BRANDS HLDGS INC NESOLD OUT−48.2K0−$3M$0
FRONTIER COMMUNICATIONS CORPSOLD OUT−300.0K0−$260,000$0
OI S ATRIMMED−22.60M1.65M−$25M$2M

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

Holdings — Q4 2019

18 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY PETE CORPCOM52.83%$112M11.84M
2LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/19.84%$21M2.31M
3STNGSCORPIO TANKERS INChistory →SHS5.72%$12M307.2K
4IHRTIHEARTMEDIA INChistory →COM CL A5.09%$11M637.2K
5VSTVISTRA ENERGY CORPhistory →COM5.09%$11M468.2K
6WPX ENERGY INCCOM4.61%$10M710.0K
7CONCHO RES INCCOM4.33%$9M104.6K
8AVAYA HLDGS CORPCOM3.48%$7M544.7K
9CHESAPEAKE ENERGY CORPNOTE 5.500% 9/12.88%$6M12.22M
10CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM2.35%$5M1.74M
11RRCRANGE RES CORPhistory →COM1.15%$2M500.0K
12OI S ASPONSORED ADR NE0.73%$2M1.65M
13JAKKS PAC INCCOM0.55%$1M1.12M
14CMLSQCUMULUS MEDIA INCCOM CLASS A0.50%$1M59.6K
15NII HLDGS INCCOM PAR0.36%$753,000347.1K
16HC2 HLDGS INCCOM0.29%$615,000283.5K
17FTS INTERNATIONAL INCCOM0.16%$340,000326.8K
18SYNCSYNACOR INCCOM0.04%$91,00059.8K

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 ↗.