Managers / Q3 2022 · view latest →
Benefit Street Partners LLC
CIK 0001543160 · ONE MADISON AVENUE, SUITE 1600, NEW YORK, NY, 10010 · 401-751-1700
Summary
Benefit Street Partners LLC reported $85M in U.S.-listed holdings across 15 positions for Q3 2022.
The portfolio is heavily concentrated: Berry alone accounts for 24.3% of reported value.
Compared with Q2 2022, the fund opened 2 new positions and exited 4.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 84.4% · $72M
- US DOMESTIC · 14.9% · $13M
- REIT · 0.7% · $621,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VROOM INC | NEW | +34.15M | 34.15M | +$10M | $10M |
| COINBASE GLOBAL INC | NEW | +4.50M | 4.50M | +$3M | $3M |
| SPYSPDR S&P 500 ETF TR | SOLD OUT | −100.0K | 0 | −$32M | $0 |
| JAKKJAKKS PAC INC | SOLD OUT | −1.48M | 0 | −$19M | $0 |
| LNGCHENIERE ENERGY INC | SOLD OUT | −31.3K | 0 | −$4M | $0 |
| STEMSTEM INC | SOLD OUT | −170.0K | 0 | −$1M | $0 |
| BERRY CORP | TRIMMED | −4.11M | 2.76M | −$32M | $21M |
| TASEKO MINES LTD | TRIMMED | −5.42M | 4.43M | −$6M | $5M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BERRY CORP | COM | 24.31% | $21M | 2.76M |
| 2 | CFCF INDS HLDGS INChistory → | COM | 18.11% | $15M | 160.1K |
| 3 | FYBRFRONTIER COMMUNICATIONS PAREhistory → | COM | 15.25% | $13M | 553.7K |
| 4 | VROOM INC | NOTE 0.750% 7/0 | 11.39% | $10M | 34.15M |
| 5 | CASA SYS INC | COM | 8.06% | $7M | 2.19M |
| 6 | TASEKO MINES LTD | COM | 5.94% | $5M | 4.43M |
| 7 | IHRTIHEARTMEDIA INChistory → | COM CL A | 4.56% | $4M | 529.9K |
| 8 | COINBASE GLOBAL INC | NOTE 0.500% 6/0 | 3.49% | $3M | 4.50M |
| 9 | CCOCLEAR CHANNEL OUTDOOR HLDGShistory → | COM | 2.80% | $2M | 1.74M |
| 10 | TELLURIAN INC NEW | COM | 2.04% | $2M | 724.6K |
| 11 | SKILLSOFT CORP | CL A | 1.99% | $2M | 927.2K |
| 12 | CMLSQCUMULUS MEDIA INC | COM CL A | 0.77% | $651,000 | 92.6K |
| 13 | ACRACRES COMMERCIAL REALTY CORP | COM NEW | 0.73% | $621,000 | 76.2K |
| 14 | AGSPLAYAGS INC | COM | 0.51% | $435,000 | 82.0K |
| 15 | WAITR HLDGS INC | COM | 0.06% | $51,000 | 350.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $86M | 19 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $91M | 17 | Jan 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $20M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $31M | 9 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $49M | 13 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $52M | 11 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $85M | 15 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $168M | 17 | Jul 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $540M | 28 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $302M | 45 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $265M | 43 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $262M | 40 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $704M | 43 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $688M | 39 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $204M | 35 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $395M | 27 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $170M | 21 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $211M | 19 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $403M | 34 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.1B | 42 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.2B | 40 | May 28, 2019 | RESTATEMENT | changes · 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 ↗.