SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Benefit Street Partners LLC

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

Reported Value
$262M
Q2 2021
Positions
40
Filings on Record
23
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Benefit Street Partners LLC reported $262M in U.S.-listed holdings across 40 positions for Q2 2021.

The portfolio is heavily concentrated: Berry alone accounts for 32.5% of reported value.

Compared with Q1 2021, the fund opened 11 new positions and exited 14.

Portfolio Metrics

Turnover
+17.4%
vs prior filed quarter
Top-10 Concentration
+75.2%
share of reported value
Largest Position
+32.5%
Berry
New / Exited
11 / 14
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: 90.6%US DOMESTIC: 6.6%REIT: 1.6%ETP: 1.0%ADR: 0.1%Other: 0.0%
  • Common Stock · 90.6% · $238M
  • US DOMESTIC · 6.6% · $17M
  • REIT · 1.6% · $4M
  • ETP · 1.0% · $3M
  • ADR · 0.1% · $358,000
  • Other · 0.0% · $111,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FYBRFRONTIER COMMUNICATIONS PARENEW+738.7K738.7K+$20M$20M
SKILLSOFT CORPNEW+922.5K922.5K+$9M$9M
INTERCEPT PHARMACEUTICALS INNEW+5.04M5.04M+$4M$4M
PIONEER NAT RES CONEW+2.75M2.75M+$4M$4M
DTMDT MIDSTREAM INCNEW+75.0K75.0K+$3M$3M
STEMSTEM INCNEW+70.0K70.0K+$3M$3M
FSKFS KKR CAP CORPNEW+73.4K73.4K+$2M$2M
ACRACRES COMMERCIAL REALTY CORPNEW+76.2K76.2K+$1M$1M

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

Holdings — Q2 2021

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM32.52%$85M12.70M
2TASEKO MINES LTDCOM9.16%$24M11.40M
3FYBRFRONTIER COMMUNICATIONS PAREhistory →COM7.43%$20M738.7K
4IHRTIHEARTMEDIA INChistory →COM CL A5.44%$14M529.9K
5CASA SYS INCCOM4.86%$13M1.44M
6SKILLSOFT CORPCL A3.46%$9M922.5K
7LNGCHENIERE ENERGY INCCOM NEW · NOTE 4.250% 3/13.32%$9M2.08M
8WMBWILLIAMS COS INChistory →COM3.31%$9M327.4K
9DVNDEVON ENERGY CORP NEWhistory →COM2.86%$8M257.6K
10VSTVISTRA CORPhistory →COM2.83%$7M400.8K
11GOLAR LNG LTDNOTE 2.750% 2/12.63%$7M7.00M
12AGSPLAYAGS INChistory →COM2.53%$7M671.5K
13CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM2.22%$6M2.21M
14INTERCEPT PHARMACEUTICALS INNOTE 3.250% 7/01.69%$4M5.04M
15PIONEER NAT RES CONOTE 0.250% 5/11.66%$4M2.75M
16CMLSQCUMULUS MEDIA INChistory →COM CL A1.40%$4M250.8K
17JAKKJAKKS PAC INChistory →COM NEW1.20%$3M287.0K
18CFCF INDS HLDGS INChistory →COM1.18%$3M60.0K
19TPI COMPOSITES INCCOM1.11%$3M60.0K
20DTMDT MIDSTREAM INChistory →COMMON STOCK1.10%$3M75.0K
21STEMSTEM INCCOM0.96%$3M70.0K
22AESAES CORPCOM0.74%$2M75.0K
23FSKFS KKR CAP CORPCOM0.60%$2M73.4K
24GPMTGRANITE PT MTG TR INCCOM STK0.58%$2M104.1K
25EFAISHARES TRMSCI EAFE ETF · MSCI UK ETF NEW0.57%$1M28.4K
26TRTXTPG RE FIN TR INCCOM0.56%$1M110.1K
27BCSFBAIN CAP SPECIALTY FIN INCCOM STK0.53%$1M90.5K
28MFICAPOLLO INVT CORPCOM NEW0.52%$1M100.5K
29CGBDTCG BDC INCCOM0.52%$1M102.5K
30ACRACRES COMMERCIAL REALTY CORPCOM NEW0.47%$1M76.2K
31BLUCORA INCCOM0.39%$1M59.1K
32XLFSELECT SECTOR SPDR TRFINANCIAL0.39%$1M27.6K
33BBCPCONCRETE PUMPING HLDGS INCCOM0.31%$823,00097.1K
34TRGPTARGA RES CORPCOM0.29%$759,00017.1K
35WAITR HLDGS INCCOM0.24%$623,000350.0K
36PCGPG&E CORPCOM0.21%$556,00054.7K
37OI SASPONSORED ADR NE0.14%$358,000240.5K
38HC2 HLDGS INCCOM0.04%$111,00027.8K

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 ↗.