SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Benefit Street Partners LLC

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

Reported Value
$688M
Q4 2020
Positions
39
Filings on Record
23
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Benefit Street Partners LLC reported $688M in U.S.-listed holdings across 39 positions for Q4 2020.

Its largest position, Berry, represents 6.8% of the portfolio.

Compared with Q3 2020, the fund opened 11 new positions and exited 7.

Portfolio Metrics

Turnover
+21.3%
vs prior filed quarter
Top-10 Concentration
+21.2%
share of reported value
Largest Position
+6.8%
Berry
New / Exited
11 / 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
ETP: 72.1%Common Stock: 23.2%US DOMESTIC: 4.1%REIT: 0.3%MLP: 0.1%Other: 0.2%
  • ETP · 72.1% · $496M
  • Common Stock · 23.2% · $160M
  • US DOMESTIC · 4.1% · $28M
  • REIT · 0.3% · $2M
  • MLP · 0.1% · $896,000
  • Other · 0.2% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+1.50M1.50M+$495M$495M
WELBILT INCNEW+861.5K861.5K+$11M$11M
PIONEER NAT RES CONEW+98.5K98.5K+$11M$11M
CHEFS WHSE INCNEW+11.00M11.00M+$10M$10M
AGSPLAYAGS INCNEW+1.39M1.39M+$10M$10M
SLBSCHLUMBERGER LTDNEW+144.8K144.8K+$3M$3M
DISH NETWORK CORPORATIONNEW+3.30M3.30M+$3M$3M
LADRLADDER CAP CORPNEW+57.0K57.0K+$557,000$557,000

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

Holdings — Q4 2020

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM6.80%$47M12.70M
2TASEKO MINES LTDCOM2.38%$16M12.54M
3LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/12.33%$16M4.21M
4WELBILT INCCOM1.65%$11M861.5K
5PIONEER NAT RES COCOM1.63%$11M98.5K
6CHEFS WHSE INCNOTE 1.875%12/01.50%$10M11.00M
7AGSPLAYAGS INChistory →COM1.45%$10M1.39M
8VSTVISTRA CORPhistory →COM1.18%$8M411.9K
9WPX ENERGY INCCOM1.17%$8M984.5K
10IHRTIHEARTMEDIA INChistory →COM CL A1.09%$8M579.9K
11GOLAR LNG LTDNOTE 2.750% 2/10.93%$6M7.00M
12CASA SYS INCCOM0.83%$6M923.6K
13CIMAREX ENERGY COCOM0.68%$5M123.8K
14WMBWILLIAMS COS INCCOM0.60%$4M204.9K
15BLACKSTONE MTG TR INCNOTE 4.375% 5/00.55%$4M3.76M
16SLBSCHLUMBERGER LTDCOM0.46%$3M144.8K
17DISH NETWORK CORPORATIONNOTE 3.375% 8/10.46%$3M3.30M
18CCOCLEAR CHANNEL OUTDOOR HLDGSCOM0.42%$3M1.74M
19JAKKJAKKS PAC INCCOM NEW0.21%$1M287.0K
20APOLLO COML REAL EST FIN INCNOTE 4.750% 8/20.19%$1M1.36M
21RITMNEW RESIDENTIAL INVT CORPCOM NEW0.14%$994,000100.0K
22BCSFBAIN CAP SPECIALTY FIN INCCOM STK0.14%$971,00080.0K
23ARLPALLIANCE RESOURCE PARTNERS LUT LTD PART0.13%$896,000200.0K
24MFICAPOLLO INVT CORPCOM NEW0.12%$822,00077.4K
25FSKRFS KKR CAP CORP IICOM0.12%$820,00050.0K
26CGBDTCG BDC INCCOM0.12%$808,00078.8K
27HC2 HLDGS INCCOM0.12%$798,000244.8K
28PCGPG&E CORPCOM0.10%$682,00054.7K
29EZUISHARES INCMSCI EURZONE ETF0.10%$661,00015.0K
30LADRLADDER CAP CORPCL A0.08%$557,00057.0K
31GPMTGRANITE PT MTG TR INCCOM STK0.08%$549,00055.0K
32CMLSQCUMULUS MEDIA INCCOM CL A0.08%$520,00059.6K
33ENTERCOM COMMUNICATIONS CORPCL A0.07%$494,000200.0K
34OI SASPONSORED ADR NE0.07%$488,000240.5K
35CPRICAPRI HOLDINGS LIMITEDSHS0.06%$420,00010.0K
36WAITR HLDGS INCCOM0.02%$139,00050.0K
37SYNCSYNACOR INCCOM0.01%$81,00059.8K

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 ↗.