Managers / Q4 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 $52M in U.S.-listed holdings across 11 positions for Q4 2022.
The portfolio is heavily concentrated: Berry alone accounts for 36.2% of reported value.
Compared with Q3 2022, the fund opened 2 new positions and exited 6.
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 · 90.0% · $46M
- US DOMESTIC · 8.8% · $5M
- REIT · 1.2% · $629,049
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPOTIFY USA INC | NEW | +3.19M | 3.19M | +$3M | $3M |
| DRAFTKINGS INC NEW | NEW | +3.19M | 3.19M | +$2M | $2M |
| CFCF INDS HLDGS INC | SOLD OUT | −160.1K | 0 | −$15M | $0 |
| VROOM INC | SOLD OUT | −34.15M | 0 | −$10M | $0 |
| TASEKO MINES LTD | SOLD OUT | −4.43M | 0 | −$5M | $0 |
| COINBASE GLOBAL INC | SOLD OUT | −4.50M | 0 | −$3M | $0 |
| AGSPLAYAGS INC | SOLD OUT | −82.0K | 0 | −$435,000 | $0 |
| WAITR HLDGS INC | SOLD OUT | −350.0K | 0 | −$51,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BERRY CORP | COM | 36.19% | $19M | 2.33M |
| 2 | FYBRFRONTIER COMMUNICATIONS PAREhistory → | COM | 27.37% | $14M | 553.7K |
| 3 | CASA SYS INC | COM | 11.61% | $6M | 2.19M |
| 4 | IHRTIHEARTMEDIA INChistory → | COM CL A | 6.30% | $3M | 529.9K |
| 5 | SPOTIFY USA INC | NOTE 3/1 | 5.00% | $3M | 3.19M |
| 6 | DRAFTKINGS INC NEW | NOTE 3/1 | 3.82% | $2M | 3.19M |
| 7 | CCOCLEAR CHANNEL OUTDOOR HLDGShistory → | COM | 3.54% | $2M | 1.74M |
| 8 | TELLURIAN INC NEW | COM | 2.36% | $1M | 724.6K |
| 9 | SKILLSOFT CORP | CL A | 2.33% | $1M | 923.8K |
| 10 | ACRACRES COMMERCIAL REALTY CORPhistory → | COM NEW | 1.22% | $629,049 | 76.2K |
| 11 | CMLSQCUMULUS MEDIA INC | COM CL A | 0.25% | $128,063 | 20.6K |
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 ↗.