SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Benefit Street Partners LLC

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

Reported Value
$204M
Q3 2020
Positions
35
Filings on Record
23
2019–present window
Filed
Nov 16, 2020
original filing

Summary

Benefit Street Partners LLC reported $204M in U.S.-listed holdings across 35 positions for Q3 2020.

Its largest position, Berry, represents 19.8% of the portfolio.

Compared with Q2 2020, the fund opened 15 new positions and exited 7.

Portfolio Metrics

Turnover
+38.6%
vs prior filed quarter
Top-10 Concentration
+47.2%
share of reported value
Largest Position
+19.8%
Berry
New / Exited
15 / 7
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
Common Stock: 48.9%ETP: 43.0%US DOMESTIC: 6.6%REIT: 0.6%Other: 0.3%Other: 0.6%
  • Common Stock · 48.9% · $100M
  • ETP · 43.0% · $88M
  • US DOMESTIC · 6.6% · $14M
  • REIT · 0.6% · $1M
  • Other · 0.3% · $686,000
  • Other · 0.6% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IWMISHARES TRNEW+650.0K650.0K+$87M$87M
WMBWILLIAMS COS INCNEW+204.9K204.9K+$4M$4M
CIMAREX ENERGY CONEW+123.8K123.8K+$3M$3M
BLACKSTONE MTG TR INCNEW+3.00M3.00M+$3M$3M
EQTEQT CORPNEW+175.0K175.0K+$2M$2M
RRCRANGE RES CORPNEW+250.0K250.0K+$2M$2M
JAKKJAKKS PAC INCNEW+287.0K287.0K+$1M$1M
APOLLO COML REAL EST FIN INCNEW+1.00M1.00M+$941,000$941,000

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

Holdings — Q3 2020

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM19.75%$40M12.70M
2LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/17.41%$15M4.26M
3VSTVISTRA CORPhistory →COM3.55%$7M384.2K
4GOLAR LNG LTDNOTE 2.750% 2/13.35%$7M9.00M
5TASEKO MINES LTDCOM3.18%$6M6.12M
6WPX ENERGY INCCOM2.37%$5M984.5K
7IHRTIHEARTMEDIA INChistory →COM CL A2.31%$5M579.9K
8WMBWILLIAMS COS INChistory →COM1.97%$4M204.9K
9CASA SYS INCCOM1.83%$4M923.6K
10CIMAREX ENERGY COCOM1.48%$3M123.8K
11BLACKSTONE MTG TR INCNOTE 4.375% 5/01.42%$3M3.00M
12EQTEQT CORPhistory →COM1.11%$2M175.0K
13CCOCLEAR CHANNEL OUTDOOR HLDGSCOM0.85%$2M1.74M
14STNGSCORPIO TANKERS INCSHS0.85%$2M156.8K
15RRCRANGE RES CORPCOM0.81%$2M250.0K
16JAKKJAKKS PAC INCCOM NEW0.54%$1M287.0K
17APOLLO COML REAL EST FIN INCNOTE 4.750% 8/20.46%$941,0001.00M
18SOUTHWESTERN ENERGY COCOM0.46%$940,000400.0K
19RITMNEW RESIDENTIAL INVT CORPCOM NEW0.39%$795,000100.0K
20FSKRFS KKR CAP CORP IICOM0.36%$736,00050.0K
21HC2 HLDGS INCCOM0.34%$686,000283.5K
22OI SASPONSORED ADR NE0.30%$608,000419.1K
23EZUISHARES INCMSCI EURZONE ETF0.28%$569,00015.0K
24ARLPALLIANCE RESOURCE PARTNERS LUT LTD PART0.27%$554,000200.0K
25PCGPG&E CORPCOM0.25%$514,00054.7K
26CGBDTCG BDC INCCOM0.24%$499,00056.0K
27BCSFBAIN CAP SPECIALTY FIN INCCOM STK0.23%$470,00046.1K
28MFICAPOLLO INVT CORPCOM NEW0.21%$438,00053.0K
29TRTXTPG RE FIN TR INCCOM0.21%$423,00050.0K
30CPRICAPRI HOLDINGS LIMITEDSHS0.18%$360,00020.0K
31CMLSQCUMULUS MEDIA INCCOM CL A0.16%$320,00059.6K
32BGC PARTNERS INCCL A0.12%$240,000100.0K
33SYNCSYNACOR INCCOM0.04%$90,00059.8K

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.

  • 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 ↗.