SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Benefit Street Partners LLC

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

Reported Value
$704M
Q1 2021
Positions
43
Filings on Record
22
2019–present window
Filed
May 17, 2021
original filing

Summary

Benefit Street Partners LLC reported $704M in U.S.-listed holdings across 43 positions for Q1 2021.

Its largest position, Berry, represents 9.9% of the portfolio.

Compared with Q4 2020, the fund opened 11 new positions and exited 7.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+24.3%
share of reported value
Largest Position
+9.9%
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
Q1 ’19: $1.2BQ1 ’19Q2 ’19: $1.1BQ3 ’19: $403MQ4 ’19: $211MQ4 ’19Q1 ’20: $170MQ2 ’20: $395MQ3 ’20: $204MQ3 ’20Q4 ’20: $688MQ1 ’21: $704MQ2 ’21: $262MQ2 ’21Q3 ’21: $265MQ4 ’21: $302MQ1 ’22: $540MQ1 ’22Q2 ’22: $168MQ3 ’22: $85MQ4 ’22: $52MQ4 ’22Q1 ’23: $49MQ2 ’23: $31MQ3 ’23: $20MQ3 ’23Q4 ’25: $91MQ1 ’26: $86Mfilingsflow.com

Portfolio Composition

By security type
ETP: 69.3%Common Stock: 28.0%US DOMESTIC: 2.1%REIT: 0.6%ADR: 0.1%Other: 0.0%
  • ETP · 69.3% · $488M
  • Common Stock · 28.0% · $197M
  • US DOMESTIC · 2.1% · $15M
  • REIT · 0.6% · $4M
  • ADR · 0.1% · $399,000
  • Other · 0.0% · $89,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DVNDEVON ENERGY CORP NEWNEW+408.5K408.5K+$9M$9M
TPI COMPOSITES INCNEW+60.0K60.0K+$3M$3M
CFCF INDS HLDGS INCNEW+60.0K60.0K+$3M$3M
AESAES CORPNEW+75.0K75.0K+$2M$2M
BBDCBARINGS BDC INCNEW+55.0K55.0K+$549,000$549,000
TRTXTPG RE FIN TR INCNEW+46.0K46.0K+$515,000$515,000
EWUISHARES TRNEW+16.0K16.0K+$501,000$501,000
TRGPTARGA RES CORPNEW+15.0K15.0K+$476,000$476,000

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

Holdings — Q1 2021

40 positions (from 42 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM9.94%$70M12.70M
2TASEKO MINES LTDCOM2.85%$20M11.69M
3LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/12.15%$15M4.17M
4CASA SYS INCCOM1.81%$13M1.34M
5AGSPLAYAGS INChistory →COM1.63%$11M1.42M
6IHRTIHEARTMEDIA INChistory →COM CL A1.50%$11M579.9K
7DVNDEVON ENERGY CORP NEWhistory →COM1.27%$9M408.5K
8WELBILT INCCOM1.17%$8M506.4K
9VSTVISTRA CORPCOM0.97%$7M386.9K
10GOLAR LNG LTDNOTE 2.750% 2/10.96%$7M7.00M
11WMBWILLIAMS COS INCCOM0.69%$5M204.9K
12SLBSCHLUMBERGER LTDCOM0.56%$4M144.8K
13CIMAREX ENERGY COCOM0.54%$4M63.8K
14CCOCLEAR CHANNEL OUTDOOR HLDGSCOM0.50%$4M1.96M
15TPI COMPOSITES INCCOM0.48%$3M60.0K
16DISH NETWORK CORPORATIONNOTE 3.375% 8/10.45%$3M3.30M
17CFCF INDS HLDGS INCCOM0.39%$3M60.0K
18JAKKJAKKS PAC INCCOM NEW0.29%$2M287.0K
19AESAES CORPCOM0.29%$2M75.0K
20CMLSQCUMULUS MEDIA INCCOM CL A0.21%$1M164.5K
21BCSFBAIN CAP SPECIALTY FIN INCCOM STK0.21%$1M100.4K
22MFICAPOLLO INVT CORPCOM NEW0.20%$1M100.5K
23APOLLO COML REAL EST FIN INCNOTE 4.750% 8/20.19%$1M1.36M
24CGBDTCG BDC INCCOM0.19%$1M102.5K
25LADRLADDER CAP CORPCL A0.18%$1M107.6K
26FSKRFS KKR CAP CORP IICOM0.18%$1M64.6K
27GPMTGRANITE PT MTG TR INCCOM STK0.18%$1M104.1K
28RITMNEW RESIDENTIAL INVT CORPCOM NEW0.16%$1M100.0K
29EWUISHARES TRMSCI UK ETF NEW · GL CLEAN ENE ETF0.13%$880,00031.6K
30WAITR HLDGS INCCOM0.10%$733,000250.0K
31EZUISHARES INCMSCI EURZONE ETF0.10%$696,00015.0K
32PCGPG&E CORPCOM0.09%$641,00054.7K
33BBDCBARINGS BDC INCCOM0.08%$549,00055.0K
34TRTXTPG RE FIN TR INCCOM0.07%$515,00046.0K
35TRGPTARGA RES CORPCOM0.07%$476,00015.0K
36BLUCORA INCCOM0.07%$466,00028.0K
37OI SASPONSORED ADR NE0.06%$399,000240.5K
38SYNCSYNACOR INCCOM0.02%$131,00059.8K
39HC2 HLDGS INCCOM0.01%$89,000244.3K
40SDSANDRIDGE ENERGY INCCOM NEW0.00%$1,000318

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 ↗

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 ↗.