Benefit Street Partners LLC Quant / Systematic

CIK: 0001543160 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 14, 2018

Total Value ($000): $910,406 (78.7% shares, 21.3% debt)

Holdings (37)

SPY SPDR S&P 500 ETF TR 33.5%

Value ($000) $304,780 Shares 1,158,200 Est. Cost — Unrealized —

SPY SPDR S&P 500 ETF TR 23.9%

Value ($000) $217,677 Shares 827,200 Est. Cost — Unrealized —

— AVAYA HLDGS CORP 8.0%

Value ($000) $73,276 Shares 3,271,265 Est. Cost $22.40 Unrealized —

— CHESAPEAKE ENERGY CORP 6.7%

Value ($000) $60,880 Shares 70,700,000 Est. Cost $0.86 Unrealized —

— WEATHERFORD INTL LTD 5.7%

Value ($000) $51,910 Shares 58,000,000 Est. Cost $1.05 Unrealized —

— CHENIERE ENERGY INC 4.0%

Value ($000) $36,561 Shares 47,300,000 Est. Cost $0.62 Unrealized —

— LIBERTY MEDIA CORP 2.5%

Value ($000) $22,912 Shares 32,500,000 Est. Cost $0.66 Unrealized —

CCRN CROSS CTRY HEALTHCARE INC 1.9%

Value ($000) $17,159 Shares 1,544,440 Est. Cost $13.21 Unrealized -5.1%

— WPX ENERGY INC 1.3%

Value ($000) $12,194 Shares 825,000 Est. Cost $12.88 Unrealized —

— CALLON PETE CO DEL 1.2%

Value ($000) $10,663 Shares 805,341 Est. Cost $11.13 Unrealized —

— LIBERTY MEDIA CORP 1.1%

Value ($000) $10,294 Shares 15,000,000 Est. Cost $0.60 Unrealized —

SD SANDRIDGE ENERGY INC 1.1%

Value ($000) $9,642 Shares 664,473 Est. Cost $20.27 Unrealized -16.7%

— ENSCO JERSEY FIN LTD 0.9%

Value ($000) $7,988 Shares 10,000,000 Est. Cost $0.84 Unrealized —

— NII HLDGS INC 0.9%

Value ($000) $7,948 Shares 3,767,002 Est. Cost $1.54 Unrealized —

— PLATFORM SPECIALTY PRODS COR 0.7%

Value ($000) $6,669 Shares 692,506 Est. Cost $9.63 Unrealized —

— EAGLE BULK SHIPPING INC 0.7%

Value ($000) $6,188 Shares 1,250,000 Est. Cost $4.70 Unrealized —

— WPX ENERGY INC 0.7%

Value ($000) $6,173 Shares 99,000 Est. Cost $51.37 Unrealized —

— FRONTIER COMMUNICATIONS CORP 0.6%

Value ($000) $5,339 Shares 719,551 Est. Cost $7.42 Unrealized —

— PENNEY J C INC 0.6%

Value ($000) $5,126 Shares 562,100 Est. Cost — Unrealized —

GSM FERROGLOBE PLC 0.5%

Value ($000) $4,958 Shares 462,000 Est. Cost $14.81 Unrealized -0.9%

RIG TRANSOCEAN LTD 0.5%

Value ($000) $4,950 Shares 500,000 Est. Cost $10.30 Unrealized 0.0%

— U S SILICA HLDGS INC 0.4%

Value ($000) $3,828 Shares 150,000 Est. Cost $29.04 Unrealized —

— AK STL CORP 0.4%

Value ($000) $3,416 Shares 4,701,000 Est. Cost $1.33 Unrealized —

OPTU ALTICE USA INC 0.3%

Value ($000) $2,772 Shares 150,000 Est. Cost $22.15 Unrealized -7.5%

— FRONTIER COMMUNICATIONS CORP 0.3%

Value ($000) $2,762 Shares 250,000 Est. Cost $11.05 Unrealized —

— HC2 HLDGS INC 0.3%

Value ($000) $2,533 Shares 481,646 Est. Cost $5.95 Unrealized —

— CLEAR CHANNEL OUTDOOR HLDGS 0.3%

Value ($000) $2,316 Shares 472,743 Est. Cost $4.60 Unrealized —

VICI VICI PPTYS INC 0.2%

Value ($000) $1,897 Shares 103,549 Est. Cost $13.09 Unrealized 0.0%

— SANCHEZ ENERGY CORP 0.2%

Value ($000) $1,827 Shares 583,672 Est. Cost $5.26 Unrealized —

PTEN PATTERSON UTI ENERGY INC 0.2%

Value ($000) $1,367 Shares 78,055 Est. Cost $20.72 Unrealized +0.7%

— HRG GROUP INC 0.1%

Value ($000) $1,360 Shares 82,489 Est. Cost $17.11 Unrealized —

RYZ RYERSON HLDG CORP 0.1%

Value ($000) $978 Shares 120,000 Est. Cost $10.31 Unrealized 0.0%

VST VISTRA ENERGY CORP 0.1%

Value ($000) $879 Shares 42,215 Est. Cost $13.44 Unrealized +23.0%

— WEATHERFORD INTL PLC 0.0%

Value ($000) $422 Shares 184,215 Est. Cost $4.58 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 0.0%

Value ($000) $285 Shares 40,997 Est. Cost $10.85 Unrealized —

— PENNEY J C INC 0.0%

Value ($000) $265 Shares 87,900 Est. Cost — Unrealized —

— SOUTHCROSS ENERGY PARTNERS L 0.0%

Value ($000) $212 Shares 129,901 Est. Cost $1.63 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,158,200	$304,780	33.5%	—	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	827,200	$217,677	23.9%	—	—	Call	78462F103
—	AVAYA HLDGS CORP	3,271,265	$73,276	8.0%	$22.40	—	COM	05351X101
—	CHESAPEAKE ENERGY CORP	70,700,000	$60,880	6.7%	$0.86	—	NOTE 5.500% 9/1	165167CY1
—	WEATHERFORD INTL LTD	58,000,000	$51,910	5.7%	$1.05	—	NOTE 5.875% 7/0	947075AH0
—	CHENIERE ENERGY INC	47,300,000	$36,561	4.0%	$0.62	—	NOTE 4.250% 3/1	16411RAG4
—	LIBERTY MEDIA CORP	32,500,000	$22,912	2.5%	$0.66	—	DEB 4.000%11/1	530715AG6
CCRN	CROSS CTRY HEALTHCARE INC	1,544,440	$17,159	1.9%	$13.21	-5.1%	COM	227483104
—	WPX ENERGY INC	825,000	$12,194	1.3%	$12.88	—	COM	98212B103
—	CALLON PETE CO DEL	805,341	$10,663	1.2%	$11.13	—	COM	13123X102
—	LIBERTY MEDIA CORP	15,000,000	$10,294	1.1%	$0.60	—	DEB 3.750% 2/1	530715AL5
SD	SANDRIDGE ENERGY INC	664,473	$9,642	1.1%	$20.27	-16.7%	COM NEW	80007P869
—	ENSCO JERSEY FIN LTD	10,000,000	$7,988	0.9%	$0.84	—	NOTE 3.000% 1/3	29359WAB1
—	NII HLDGS INC	3,767,002	$7,948	0.9%	$1.54	—	COM PAR	62913F508
—	PLATFORM SPECIALTY PRODS COR	692,506	$6,669	0.7%	$9.63	—	COM	72766Q105
—	EAGLE BULK SHIPPING INC	1,250,000	$6,188	0.7%	$4.70	—	SHS NEW	Y2187A143
—	WPX ENERGY INC	99,000	$6,173	0.7%	$51.37	—	PFD SER A CV	98212B202
—	FRONTIER COMMUNICATIONS CORP	719,551	$5,339	0.6%	$7.42	—	COM NEW	35906A306
—	PENNEY J C INC	562,100	$5,126	0.6%	—	—	Call	708160106
GSM	FERROGLOBE PLC	462,000	$4,958	0.5%	$14.81	-0.9%	SHS	G33856108
RIG	TRANSOCEAN LTD	500,000	$4,950	0.5%	$10.30	0.0%	REG SHS	H8817H100
—	U S SILICA HLDGS INC	150,000	$3,828	0.4%	$29.04	—	COM	90346E103
—	AK STL CORP	4,701,000	$3,416	0.4%	$1.33	—	NOTE 5.000%11/1	001546AP5
OPTU	ALTICE USA INC	150,000	$2,772	0.3%	$22.15	-7.5%	CL A	02156K103
—	FRONTIER COMMUNICATIONS CORP	250,000	$2,762	0.3%	$11.05	—	PFD CONV SER-A	35906A207
—	HC2 HLDGS INC	481,646	$2,533	0.3%	$5.95	—	COM	404139107
—	CLEAR CHANNEL OUTDOOR HLDGS	472,743	$2,316	0.3%	$4.60	—	CL A	18451C109
VICI	VICI PPTYS INC	103,549	$1,897	0.2%	$13.09	0.0%	COM	925652109
—	SANCHEZ ENERGY CORP	583,672	$1,827	0.2%	$5.26	—	COM	79970Y105
PTEN	PATTERSON UTI ENERGY INC	78,055	$1,367	0.2%	$20.72	+0.7%	COM	703481101
—	HRG GROUP INC	82,489	$1,360	0.1%	$17.11	—	COM	40434J100
RYZ	RYERSON HLDG CORP	120,000	$978	0.1%	$10.31	0.0%	COM	783754104
VST	VISTRA ENERGY CORP	42,215	$879	0.1%	$13.44	+23.0%	COM	92840M102
—	WEATHERFORD INTL PLC	184,215	$422	0.0%	$4.58	—	ORD SHS	G48833100
—	HOUGHTON MIFFLIN HARCOURT CO	40,997	$285	0.0%	$10.85	—	COM	44157R109
—	PENNEY J C INC	87,900	$265	0.0%	—	—	Put	708160106
—	SOUTHCROSS ENERGY PARTNERS L	129,901	$212	0.0%	$1.63	—	COM UNIT LTDPT	84130C100