SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Benefit Street Partners LLC

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

Reported Value
$168M
Q2 2022
Positions
17
Filings on Record
23
2019–present window
Filed
Jul 27, 2022
original filing

Summary

Benefit Street Partners LLC reported $168M in U.S.-listed holdings across 17 positions for Q2 2022.

The portfolio is heavily concentrated: Berry alone accounts for 31.2% of reported value.

Compared with Q1 2022, the fund opened 4 new positions and exited 15.

Portfolio Metrics

Turnover
+5.8%
vs prior filed quarter
Top-10 Concentration
+78.0%
share of reported value
Largest Position
+31.2%
Berry
New / Exited
4 / 15
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: 80.6%ETP: 19.1%REIT: 0.4%
  • Common Stock · 80.6% · $135M
  • ETP · 19.1% · $32M
  • REIT · 0.4% · $624,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FYBRFRONTIER COMMUNICATIONS PARENEW+553.7K553.7K+$13M$13M
SKILLSOFT CORPNEW+927.2K927.2K+$3M$3M
TELLURIAN INC NEWNEW+724.6K724.6K+$2M$2M
STEMSTEM INCNEW+170.0K170.0K+$1M$1M
CRKCOMSTOCK RES INCSOLD OUT−447.8K0−$6M$0
VSTVISTRA CORPSOLD OUT−109.2K0−$3M$0
AESAES CORPSOLD OUT−75.0K0−$2M$0
TRTXTPG RE FIN TR INCSOLD OUT−110.1K0−$1M$0

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

Holdings — Q2 2022

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BERRY CORPCOM31.22%$52M6.87M
2JAKKJAKKS PAC INChistory →COM NEW11.14%$19M1.48M
3CFCF INDS HLDGS INChistory →COM8.18%$14M160.1K
4FYBRFRONTIER COMMUNICATIONS PAREhistory →COM7.77%$13M553.7K
5TASEKO MINES LTDCOM6.34%$11M9.86M
6CASA SYS INCCOM5.13%$9M2.19M
7IHRTIHEARTMEDIA INChistory →COM CL A2.49%$4M529.9K
8LNGCHENIERE ENERGY INChistory →COM NEW2.48%$4M31.3K
9SKILLSOFT CORPCL A1.95%$3M927.2K
10TELLURIAN INC NEWCOM1.29%$2M724.6K
11CCOCLEAR CHANNEL OUTDOOR HLDGShistory →COM1.11%$2M1.74M
12STEMSTEM INCCOM0.73%$1M170.0K
13CMLSQCUMULUS MEDIA INCCOM CL A0.44%$735,00095.0K
14ACRACRES COMMERCIAL REALTY CORPCOM NEW0.37%$624,00076.2K
15AGSPLAYAGS INCCOM0.25%$423,00082.0K
16WAITR HLDGS INCCOM0.03%$53,000350.0K

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 ↗.