Benefit Street Partners LLC Quant / Systematic

Location: New York, NY

CIK: 0001543160 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value: $395M (97.4% shares, 2.6% debt)

Holdings (27)

SPY SPDR S&P 500 ETF TR 69.1%

Value $273M Shares 886,100 Est. Cost — Unrealized —

— BERRY CORP 14.5%

Value $57.21M Shares 11,843,823 Est. Cost $16.29 Unrealized —

LNG CHENIERE ENERGY INC 3.2%

Value $12.8M Shares 265,000 Est. Cost $65.80 Unrealized -33.6%

VST VISTRA ENERGY CORP 1.8%

Value $7.153M Shares 384,161 Est. Cost $18.68 Unrealized -11.1%

— WPX ENERGY INC 1.6%

Value $6.281M Shares 984,458 Est. Cost $11.08 Unrealized —

IHRT IHEARTMEDIA INC 1.2%

Value $4.842M Shares 579,933 Est. Cost $14.60 Unrealized -46.7%

— CASA SYS INC 1.0%

Value $3.899M Shares 937,259 Est. Cost $3.78 Unrealized —

— GOGO INC 0.8%

Value $3.349M Shares 4,784,000 Est. Cost $0.70 Unrealized —

STNG SCORPIO TANKERS INC 0.8%

Value $3.067M Shares 239,442 Est. Cost $19.71 Unrealized —

TGB TASEKO MINES LTD 0.8%

Value $2.987M Shares 6,049,807 Est. Cost $0.40 Unrealized -5.5%

CTRA CABOT OIL & GAS CORP 0.6%

Value $2.525M Shares 147,000 Est. Cost $14.77 Unrealized 0.0%

— CHENIERE ENERGY INC 0.6%

Value $2.48M Shares 4,000,000 Est. Cost $0.58 Unrealized —

— SOUTHWEST AIRLS CO 0.6%

Value $2.404M Shares 2,000,000 Est. Cost $1.20 Unrealized —

— GOLAR LNG LTD 0.6%

Value $2.22M Shares 3,000,000 Est. Cost $0.64 Unrealized —

CF CF INDS HLDGS INC 0.5%

Value $1.894M Shares 67,300 Est. Cost $24.90 Unrealized 0.0%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.5%

Value $1.81M Shares 1,739,957 Est. Cost $5.11 Unrealized -81.6%

Value $1.736M Shares 1,653,205 Est. Cost $1.91 Unrealized —

— HC2 HLDGS INC 0.2%

Value $947K Shares 283,478 Est. Cost $6.12 Unrealized —

— JAKKS PAC INC 0.2%

Value $918K Shares 1,119,648 Est. Cost $0.85 Unrealized —

RITM NEW RESIDENTIAL INVT CORP 0.2%

Value $743K Shares 100,000 Est. Cost $7.43 Unrealized —

NNBR NN INC 0.2%

Value $675K Shares 142,325 Est. Cost $3.49 Unrealized 0.0%

— FS KKR CAP CORP II 0.2%

Value $645K Shares 50,000 Est. Cost $12.90 Unrealized —

EZU ISHARES INC 0.1%

Value $547K Shares 15,000 Est. Cost $36.47 Unrealized —

TRTX TPG RE FIN TR INC 0.1%

Value $430K Shares 50,000 Est. Cost $8.60 Unrealized —

— BGC PARTNERS INC 0.1%

Value $274K Shares 100,000 Est. Cost $2.74 Unrealized —

CMLS CUMULUS MEDIA INC 0.1%

Value $236K Shares 59,633 Est. Cost $15.38 Unrealized -70.3%

— SYNACOR INC 0.0%

Value $68,000 Shares 59,785 Est. Cost $1.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	886,100	$273M	69.1%	—	—	Put	78462F103
—	BERRY CORP	11,843,823	$57.21M	14.5%	$16.29	—	COM	08579X101
LNG	CHENIERE ENERGY INC	265,000	$12.8M	3.2%	$65.80	-33.6%	COM NEW	16411R208
VST	VISTRA ENERGY CORP	384,161	$7.153M	1.8%	$18.68	-11.1%	COM	92840M102
—	WPX ENERGY INC	984,458	$6.281M	1.6%	$11.08	—	COM	98212B103
IHRT	IHEARTMEDIA INC	579,933	$4.842M	1.2%	$14.60	-46.7%	COM CL A	45174J509
—	CASA SYS INC	937,259	$3.899M	1.0%	$3.78	—	COM	14713L102
—	GOGO INC	4,784,000	$3.349M	0.8%	$0.70	—	NOTE 6.000% 5/1	38046CAD1
STNG	SCORPIO TANKERS INC	239,442	$3.067M	0.8%	$19.71	—	SHS	Y7542C130
TGB	TASEKO MINES LTD	6,049,807	$2.987M	0.8%	$0.40	-5.5%	COM	876511106
CTRA	CABOT OIL & GAS CORP	147,000	$2.525M	0.6%	$14.77	0.0%	COM	127097103
—	CHENIERE ENERGY INC	4,000,000	$2.48M	0.6%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
—	SOUTHWEST AIRLS CO	2,000,000	$2.404M	0.6%	$1.20	—	NOTE 1.250% 5/0	844741BG2
—	GOLAR LNG LTD	3,000,000	$2.22M	0.6%	$0.64	—	NOTE 2.750% 2/1	38046YAB7
CF	CF INDS HLDGS INC	67,300	$1.894M	0.5%	$24.90	0.0%	COM	125269100
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,739,957	$1.81M	0.5%	$5.11	-81.6%	COM	18453H106
—	OI SA	1,653,205	$1.736M	0.4%	$1.91	—	SPONSORED ADR NE	670851500
—	HC2 HLDGS INC	283,478	$947K	0.2%	$6.12	—	COM	404139107
—	JAKKS PAC INC	1,119,648	$918K	0.2%	$0.85	—	COM	47012E106
RITM	NEW RESIDENTIAL INVT CORP	100,000	$743K	0.2%	$7.43	—	COM NEW	64828T201
NNBR	NN INC	142,325	$675K	0.2%	$3.49	0.0%	COM	629337106
—	FS KKR CAP CORP II	50,000	$645K	0.2%	$12.90	—	COM	35952V303
EZU	ISHARES INC	15,000	$547K	0.1%	$36.47	—	MSCI EURZONE ETF	464286608
TRTX	TPG RE FIN TR INC	50,000	$430K	0.1%	$8.60	—	COM	87266M107
—	BGC PARTNERS INC	100,000	$274K	0.1%	$2.74	—	CL A	05541T101
CMLS	CUMULUS MEDIA INC	59,633	$236K	0.1%	$15.38	-70.3%	COM CLASS A	231082801
—	SYNACOR INC	59,785	$68,000	0.0%	$1.61	—	COM	871561106