Benefit Street Partners LLC Quant / Systematic

CIK: 0001543160 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 14, 2020

Total Value ($000): $169,942 (97.6% shares, 2.4% debt)

Holdings (21)

SPY SPDR S&P 500 ETF TR 53.0%

Value ($000) $90,100 Shares 340,000 Est. Cost — Unrealized —

— BERRY CORP 16.8%

Value ($000) $28,544 Shares 11,843,823 Est. Cost $16.29 Unrealized —

STNG SCORPIO TANKERS INC 6.8%

Value ($000) $11,610 Shares 607,242 Est. Cost $19.71 Unrealized —

LNG CHENIERE ENERGY INC 5.2%

Value ($000) $8,878 Shares 265,000 Est. Cost $65.80 Unrealized -22.1%

VST VISTRA ENERGY CORP 2.7%

Value ($000) $4,535 Shares 284,161 Est. Cost $19.40 Unrealized -8.4%

— AVAYA HLDGS CORP 2.6%

Value ($000) $4,407 Shares 544,723 Est. Cost $20.14 Unrealized —

IHRT IHEARTMEDIA INC 2.5%

Value ($000) $4,239 Shares 579,933 Est. Cost $14.60 Unrealized +0.7%

— PIONEER NAT RES CO 2.4%

Value ($000) $4,096 Shares 58,396 Est. Cost $70.14 Unrealized —

— CHENIERE ENERGY INC 1.3%

Value ($000) $2,200 Shares 4,000,000 Est. Cost $0.58 Unrealized —

— WPX ENERGY INC 1.3%

Value ($000) $2,166 Shares 710,000 Est. Cost $12.90 Unrealized —

— GOLAR LNG LTD 1.1%

Value ($000) $1,932 Shares 3,000,000 Est. Cost $0.64 Unrealized —

— CASA SYS INC 1.1%

Value ($000) $1,878 Shares 536,611 Est. Cost $3.50 Unrealized —

RRC RANGE RES CORP 0.7%

Value ($000) $1,140 Shares 500,000 Est. Cost $4.80 Unrealized -33.6%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.7%

Value ($000) $1,114 Shares 1,739,957 Est. Cost $5.11 Unrealized -58.4%

TGB TASEKO MINES LTD 0.6%

Value ($000) $1,090 Shares 4,133,813 Est. Cost $0.41 Unrealized 0.0%

— OI SA 0.4%

Value ($000) $726 Shares 1,653,205 Est. Cost $1.91 Unrealized —

— HC2 HLDGS INC 0.3%

Value ($000) $439 Shares 283,478 Est. Cost $6.12 Unrealized —

— JAKKS PAC INC 0.2%

Value ($000) $391 Shares 1,119,648 Est. Cost $0.85 Unrealized —

CMLS CUMULUS MEDIA INC 0.2%

Value ($000) $323 Shares 59,633 Est. Cost $15.38 Unrealized -22.1%

— FTS INTERNATIONAL INC 0.0%

Value ($000) $73 Shares 326,844 Est. Cost $10.66 Unrealized —

— SYNACOR INC 0.0%

Value ($000) $61 Shares 59,785 Est. Cost $1.61 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	340,000	$90,100	53.0%	—	—	Put	78462F103
—	BERRY CORP	11,843,823	$28,544	16.8%	$16.29	—	COM	08579X101
STNG	SCORPIO TANKERS INC	607,242	$11,610	6.8%	$19.71	—	SHS	Y7542C130
LNG	CHENIERE ENERGY INC	265,000	$8,878	5.2%	$65.80	-22.1%	COM NEW	16411R208
VST	VISTRA ENERGY CORP	284,161	$4,535	2.7%	$19.40	-8.4%	COM	92840M102
—	AVAYA HLDGS CORP	544,723	$4,407	2.6%	$20.14	—	COM	05351X101
IHRT	IHEARTMEDIA INC	579,933	$4,239	2.5%	$14.60	+0.7%	COM CL A	45174J509
—	PIONEER NAT RES CO	58,396	$4,096	2.4%	$70.14	—	COM	723787107
—	CHENIERE ENERGY INC	4,000,000	$2,200	1.3%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
—	WPX ENERGY INC	710,000	$2,166	1.3%	$12.90	—	COM	98212B103
—	GOLAR LNG LTD	3,000,000	$1,932	1.1%	$0.64	—	NOTE 2.750% 2/1	38046YAB7
—	CASA SYS INC	536,611	$1,878	1.1%	$3.50	—	COM	14713L102
RRC	RANGE RES CORP	500,000	$1,140	0.7%	$4.80	-33.6%	COM	75281A109
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,739,957	$1,114	0.7%	$5.11	-58.4%	COM	18453H106
TGB	TASEKO MINES LTD	4,133,813	$1,090	0.6%	$0.41	0.0%	COM	876511106
—	OI SA	1,653,205	$726	0.4%	$1.91	—	SPONSORED ADR NE	670851500
—	HC2 HLDGS INC	283,478	$439	0.3%	$6.12	—	COM	404139107
—	JAKKS PAC INC	1,119,648	$391	0.2%	$0.85	—	COM	47012E106
CMLS	CUMULUS MEDIA INC	59,633	$323	0.2%	$15.38	-22.1%	COM CLASS A	231082801
—	FTS INTERNATIONAL INC	326,844	$73	0.0%	$10.66	—	COM	30283W104
—	SYNACOR INC	59,785	$61	0.0%	$1.61	—	COM	871561106