Benefit Street Partners LLC Quant / Systematic

CIK: 0001543160 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: Sep 15, 2017

Total Value ($000): $148,903 (51.5% shares, 48.5% debt)

Holdings (23)

— CHENIERE ENERGY INC 20.1%

Value ($000) $29,878 Shares 44,100,000 Est. Cost $0.61 Unrealized —

— WEATHERFORD INTL LTD 14.6%

Value ($000) $21,772 Shares 17,000,000 Est. Cost $1.13 Unrealized —

SD SANDRIDGE ENERGY INC 14.0%

Value ($000) $20,825 Shares 1,126,296 Est. Cost $20.92 Unrealized -5.0%

CCRN CROSS CTRY HEALTHCARE INC 11.4%

Value ($000) $16,948 Shares 1,180,211 Est. Cost $14.72 Unrealized 0.0%

PTEN PATTERSON UTI ENERGY INC 5.6%

Value ($000) $8,395 Shares 196,475 Est. Cost $24.70 Unrealized +9.2%

— LIBERTY MEDIA CORP 4.3%

Value ($000) $6,379 Shares 10,500,000 Est. Cost $0.57 Unrealized —

— LLOYDS BANKING GROUP PLC 4.2%

Value ($000) $6,322 Shares 5,985,000 Est. Cost $1.03 Unrealized —

— ARCH COAL INC 4.2%

Value ($000) $6,199 Shares 89,918 Est. Cost $78.05 Unrealized —

LNG CHENIERE ENERGY INC 3.0%

Value ($000) $4,491 Shares 95,000 Est. Cost $40.38 Unrealized +14.2%

— HC2 HLDGS INC 2.5%

Value ($000) $3,795 Shares 612,069 Est. Cost $5.93 Unrealized —

— LIBERTY MEDIA CORP 2.5%

Value ($000) $3,783 Shares 6,100,000 Est. Cost $0.59 Unrealized —

— NII HLDGS INC 2.4%

Value ($000) $3,593 Shares 2,763,918 Est. Cost $2.11 Unrealized —

DAN DANA INCORPORATED 2.4%

Value ($000) $3,536 Shares 183,116 Est. Cost $13.83 Unrealized +16.1%

— ROYAL BK OF SCOTLAND PLC 2.2%

Value ($000) $3,343 Shares 3,360,000 Est. Cost $0.96 Unrealized —

— CAESARS ACQUISITION CO 1.5%

Value ($000) $2,217 Shares 143,993 Est. Cost $15.40 Unrealized —

THC TENET HEALTHCARE CORP 1.3%

Value ($000) $2,001 Shares 113,000 Est. Cost $17.94 Unrealized +3.4%

— HERTZ GLOBAL HLDGS INC 1.2%

Value ($000) $1,745 Shares 99,500 Est. Cost $21.56 Unrealized —

— DYNEGY INC NEW DEL 0.9%

Value ($000) $1,344 Shares 171,000 Est. Cost $7.86 Unrealized —

RYZ RYERSON HLDG CORP 0.6%

Value ($000) $858 Shares 68,125 Est. Cost $11.37 Unrealized 0.0%

— WALTER INVT MGMT CORP 0.5%

Value ($000) $686 Shares 2,250,000 Est. Cost $0.69 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 0.3%

Value ($000) $416 Shares 40,997 Est. Cost $10.85 Unrealized —

FCX FREEPORT-MCMORAN INC 0.2%

Value ($000) $233 Shares 312,500 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $144 Shares 400,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	CHENIERE ENERGY INC	44,100,000	$29,878	20.1%	$0.61	—	NOTE 4.250% 3/1	16411RAG4
—	WEATHERFORD INTL LTD	17,000,000	$21,772	14.6%	$1.13	—	NOTE 5.875% 7/0	947075AH0
SD	SANDRIDGE ENERGY INC	1,126,296	$20,825	14.0%	$20.92	-5.0%	COM NEW	80007P869
CCRN	CROSS CTRY HEALTHCARE INC	1,180,211	$16,948	11.4%	$14.72	0.0%	COM	227483104
PTEN	PATTERSON UTI ENERGY INC	196,475	$8,395	5.6%	$24.70	+9.2%	COM	703481101
—	LIBERTY MEDIA CORP	10,500,000	$6,379	4.3%	$0.57	—	DEB 3.750% 2/1	530715AL5
—	LLOYDS BANKING GROUP PLC	5,985,000	$6,322	4.2%	$1.03	—	DBCV 7.500%12/3	539439AG4
—	ARCH COAL INC	89,918	$6,199	4.2%	$78.05	—	CL A	039380407
LNG	CHENIERE ENERGY INC	95,000	$4,491	3.0%	$40.38	+14.2%	COM NEW	16411R208
—	HC2 HLDGS INC	612,069	$3,795	2.5%	$5.93	—	COM	404139107
—	LIBERTY MEDIA CORP	6,100,000	$3,783	2.5%	$0.59	—	DEB 4.000%11/1	530715AG6
—	NII HLDGS INC	2,763,918	$3,593	2.4%	$2.11	—	COM PAR	62913F508
DAN	DANA INCORPORATED	183,116	$3,536	2.4%	$13.83	+16.1%	COM	235825205
—	ROYAL BK OF SCOTLAND PLC	3,360,000	$3,343	2.2%	$0.96	—	NOTE 8.000%12/3	780099CK1
—	CAESARS ACQUISITION CO	143,993	$2,217	1.5%	$15.40	—	CL A	12768T103
THC	TENET HEALTHCARE CORP	113,000	$2,001	1.3%	$17.94	+3.4%	COM NEW	88033G407
—	HERTZ GLOBAL HLDGS INC	99,500	$1,745	1.2%	$21.56	—	COM	42806J106
—	DYNEGY INC NEW DEL	171,000	$1,344	0.9%	$7.86	—	COM	26817R108
RYZ	RYERSON HLDG CORP	68,125	$858	0.6%	$11.37	0.0%	COM	783754104
—	WALTER INVT MGMT CORP	2,250,000	$686	0.5%	$0.69	—	NOTE 4.500%11/0	93317WAA0
—	HOUGHTON MIFFLIN HARCOURT CO	40,997	$416	0.3%	$10.85	—	COM	44157R109
FCX	FREEPORT-MCMORAN INC	312,500	$233	0.2%	—	—	Call	35671D857
SPY	SPDR S&P 500 ETF TR	400,000	$144	0.1%	—	—	Put	78462F103