SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Benefit Street Partners LLC

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

Reported Value
$540M
Q1 2022
Positions
28
Filings on Record
22
2019–present window
Filed
May 16, 2022
original filing

Summary

Benefit Street Partners LLC reported $540M in U.S.-listed holdings across 28 positions for Q1 2022.

The portfolio is heavily concentrated: Berry alone accounts for 24.3% of reported value.

Compared with Q4 2021, the fund opened 3 new positions and exited 20.

Portfolio Metrics

Turnover
+24.1%
vs prior filed quarter
Top-10 Concentration
+42.2%
share of reported value
Largest Position
+24.3%
Berry
New / Exited
3 / 20
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: 55.9%Common Stock: 43.2%REIT: 0.6%Other: 0.3%
  • ETP · 55.9% · $301M
  • Common Stock · 43.2% · $233M
  • REIT · 0.6% · $3M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+770.0K770.0K+$300M$300M
BUGGLOBAL X FDSNEW+36.0K36.0K+$1M$1M
MARLIN TECHNOLOGY CORPNEW+20.0K20.0K+$198,000$198,000
FYBRFRONTIER COMMUNICATIONS PARESOLD OUT−553.7K0−$16M$0
DTMDT MIDSTREAM INCSOLD OUT−235.0K0−$11M$0
SKILLSOFT CORPSOLD OUT−923.8K0−$8M$0
GOLAR LNG LTDSOLD OUT−7.00M0−$7M$0
WMBWILLIAMS COS INCSOLD OUT−226.8K0−$6M$0

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

Holdings — Q1 2022

27 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM24.29%$131M12.70M
2TASEKO MINES LTDCOM4.21%$23M9.90M
3JAKKJAKKS PAC INChistory →COM NEW3.84%$21M1.48M
4CFCF INDS HLDGS INChistory →COM3.06%$16M160.1K
5IHRTIHEARTMEDIA INChistory →COM CL A1.86%$10M529.9K
6CASA SYS INCCOM1.42%$8M1.69M
7CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM1.12%$6M1.74M
8CRKCOMSTOCK RES INChistory →COM1.08%$6M447.8K
9LNGCHENIERE ENERGY INCCOM NEW0.80%$4M31.3K
10VSTVISTRA CORPCOM0.47%$3M109.2K
11CMLSQCUMULUS MEDIA INCCOM CL A0.46%$2M250.6K
12AESAES CORPCOM0.36%$2M75.0K
13TRTXTPG RE FIN TR INCCOM0.24%$1M110.1K
14GPMTGRANITE PT MTG TR INCCOM STK0.21%$1M104.1K
15BUGGLOBAL X FDSCYBRSCURTY ETF0.21%$1M36.0K
16ACRACRES COMMERCIAL REALTY CORPCOM NEW0.19%$1M76.2K
17PCGPG&E CORPCOM0.12%$653,00054.7K
18AGSPLAYAGS INCCOM0.10%$547,00082.0K
19PWP FORWARD ACQUISITION CORPUNIT 03/10/20260.04%$200,00020.0K
20LAZARD GROWTH ACQUISITION COUNIT 99/99/99990.04%$199,00020.0K
21FORTRESS VALUE ACQUIS CORP IUNIT 12/31/20270.04%$198,00020.0K
22MARLIN TECHNOLOGY CORPUNIT 99/99/99990.04%$198,00020.0K
23L CATTERTON ASIA ACQUISITIONUNIT 03/11/20260.04%$197,00020.0K
24CLIMATE REAL IMPACT SLUTINSUNIT 99/99/99990.04%$197,00020.0K
25DIGITAL TRANSFORMATN OPT CORUNIT 03/31/20280.04%$196,00020.0K
26WAITR HLDGS INCCOM0.02%$130,000350.0K
27JAWS MUSTANG ACQUISITION CORUNIT 99/99/99990.02%$125,00012.7K

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 ↗.