Benefit Street Partners LLC Quant / Systematic

Location: New York, NY

CIK: 0001543160 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 16, 2020

Total Value: $204M (93.4% shares, 6.6% debt)

Holdings (35)

IWM ISHARES TR 42.7%

Value $87.1M Shares 650,000 Est. Cost — Unrealized —

— BERRY CORP 19.8%

Value $40.27M Shares 12,703,275 Est. Cost $15.41 Unrealized —

LNG CHENIERE ENERGY INC 6.0%

Value $12.26M Shares 265,000 Est. Cost $65.80 Unrealized -23.0%

VST VISTRA CORP 3.6%

Value $7.245M Shares 384,161 Est. Cost $18.68 Unrealized -10.5%

— GOLAR LNG LTD 3.3%

Value $6.824M Shares 9,000,000 Est. Cost $0.72 Unrealized —

TGB TASEKO MINES LTD 3.2%

Value $6.486M Shares 6,124,707 Est. Cost $0.41 Unrealized +101.9%

— WPX ENERGY INC 2.4%

Value $4.824M Shares 984,458 Est. Cost $11.08 Unrealized —

IHRT IHEARTMEDIA INC 2.3%

Value $4.709M Shares 579,933 Est. Cost $14.60 Unrealized -41.7%

WMB WILLIAMS COS INC 2.0%

Value $4.026M Shares 204,873 Est. Cost $15.40 Unrealized 0.0%

— CASA SYS INC 1.8%

Value $3.722M Shares 923,600 Est. Cost $3.78 Unrealized —

— CIMAREX ENERGY CO 1.5%

Value $3.012M Shares 123,800 Est. Cost $24.33 Unrealized —

— BLACKSTONE MTG TR INC 1.4%

Value $2.889M Shares 3,000,000 Est. Cost $0.96 Unrealized —

— CHENIERE ENERGY INC 1.4%

Value $2.855M Shares 4,000,000 Est. Cost $0.58 Unrealized —

EQT EQT CORP 1.1%

Value $2.263M Shares 175,000 Est. Cost $13.78 Unrealized 0.0%

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.9%

Value $1.74M Shares 1,739,957 Est. Cost $5.11 Unrealized -79.0%

STNG SCORPIO TANKERS INC 0.9%

Value $1.736M Shares 156,822 Est. Cost $19.71 Unrealized —

RRC RANGE RES CORP 0.8%

Value $1.655M Shares 250,000 Est. Cost $7.25 Unrealized 0.0%

JAKK JAKKS PAC INC 0.5%

Value $1.091M Shares 287,039 Est. Cost $4.98 Unrealized 0.0%

— APOLLO COML REAL EST FIN INC 0.5%

Value $941K Shares 1,000,000 Est. Cost $0.94 Unrealized —

— SOUTHWESTERN ENERGY CO 0.5%

Value $940K Shares 400,000 Est. Cost $2.35 Unrealized —

RITM NEW RESIDENTIAL INVT CORP 0.4%

Value $795K Shares 100,000 Est. Cost $7.43 Unrealized —

— FS KKR CAP CORP II 0.4%

Value $736K Shares 50,000 Est. Cost $12.90 Unrealized —

— HC2 HLDGS INC 0.3%

Value $686K Shares 283,478 Est. Cost $6.12 Unrealized —

Value $608K Shares 419,141 Est. Cost $1.91 Unrealized —

EZU ISHARES INC 0.3%

Value $569K Shares 15,000 Est. Cost $36.47 Unrealized —

ARLP ALLIANCE RESOURCE PARTNERS L 0.3%

Value $554K Shares 200,000 Est. Cost $2.77 Unrealized —

PCG PG&E CORP 0.3%

Value $514K Shares 54,700 Est. Cost $9.16 Unrealized 0.0%

CGBD TCG BDC INC 0.2%

Value $499K Shares 56,000 Est. Cost $4.56 Unrealized 0.0%

BCSF BAIN CAP SPECIALTY FIN INC 0.2%

Value $470K Shares 46,121 Est. Cost $5.66 Unrealized 0.0%

MFIC APOLLO INVT CORP 0.2%

Value $438K Shares 53,000 Est. Cost $4.84 Unrealized 0.0%

TRTX TPG RE FIN TR INC 0.2%

Value $423K Shares 50,000 Est. Cost $8.60 Unrealized —

CPRI CAPRI HOLDINGS LIMITED 0.2%

Value $360K Shares 20,000 Est. Cost $16.96 Unrealized 0.0%

CMLS CUMULUS MEDIA INC 0.2%

Value $320K Shares 59,633 Est. Cost $15.38 Unrealized -69.5%

— BGC PARTNERS INC 0.1%

Value $240K Shares 100,000 Est. Cost $2.74 Unrealized —

— SYNACOR INC 0.0%

Value $90,000 Shares 59,785 Est. Cost $1.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	650,000	$87.1M	42.7%	—	—	Put	464287655
—	BERRY CORP	12,703,275	$40.27M	19.8%	$15.41	—	COM	08579X101
LNG	CHENIERE ENERGY INC	265,000	$12.26M	6.0%	$65.80	-23.0%	COM NEW	16411R208
VST	VISTRA CORP	384,161	$7.245M	3.6%	$18.68	-10.5%	COM	92840M102
—	GOLAR LNG LTD	9,000,000	$6.824M	3.3%	$0.72	—	NOTE 2.750% 2/1	38046YAB7
TGB	TASEKO MINES LTD	6,124,707	$6.486M	3.2%	$0.41	+101.9%	COM	876511106
—	WPX ENERGY INC	984,458	$4.824M	2.4%	$11.08	—	COM	98212B103
IHRT	IHEARTMEDIA INC	579,933	$4.709M	2.3%	$14.60	-41.7%	COM CL A	45174J509
WMB	WILLIAMS COS INC	204,873	$4.026M	2.0%	$15.40	0.0%	COM	969457100
—	CASA SYS INC	923,600	$3.722M	1.8%	$3.78	—	COM	14713L102
—	CIMAREX ENERGY CO	123,800	$3.012M	1.5%	$24.33	—	COM	171798101
—	BLACKSTONE MTG TR INC	3,000,000	$2.889M	1.4%	$0.96	—	NOTE 4.375% 5/0	09257WAB6
—	CHENIERE ENERGY INC	4,000,000	$2.855M	1.4%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
EQT	EQT CORP	175,000	$2.263M	1.1%	$13.78	0.0%	COM	26884L109
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,739,957	$1.74M	0.9%	$5.11	-79.0%	COM	18453H106
STNG	SCORPIO TANKERS INC	156,822	$1.736M	0.9%	$19.71	—	SHS	Y7542C130
RRC	RANGE RES CORP	250,000	$1.655M	0.8%	$7.25	0.0%	COM	75281A109
JAKK	JAKKS PAC INC	287,039	$1.091M	0.5%	$4.98	0.0%	COM NEW	47012E403
—	APOLLO COML REAL EST FIN INC	1,000,000	$941K	0.5%	$0.94	—	NOTE 4.750% 8/2	03762UAB1
—	SOUTHWESTERN ENERGY CO	400,000	$940K	0.5%	$2.35	—	COM	845467109
RITM	NEW RESIDENTIAL INVT CORP	100,000	$795K	0.4%	$7.43	—	COM NEW	64828T201
—	FS KKR CAP CORP II	50,000	$736K	0.4%	$12.90	—	COM	35952V303
—	HC2 HLDGS INC	283,478	$686K	0.3%	$6.12	—	COM	404139107
—	OI SA	419,141	$608K	0.3%	$1.91	—	SPONSORED ADR NE	670851500
EZU	ISHARES INC	15,000	$569K	0.3%	$36.47	—	MSCI EURZONE ETF	464286608
ARLP	ALLIANCE RESOURCE PARTNERS L	200,000	$554K	0.3%	$2.77	—	UT LTD PART	01877R108
PCG	PG&E CORP	54,700	$514K	0.3%	$9.16	0.0%	COM	69331C108
CGBD	TCG BDC INC	56,000	$499K	0.2%	$4.56	0.0%	COM	872280102
BCSF	BAIN CAP SPECIALTY FIN INC	46,121	$470K	0.2%	$5.66	0.0%	COM STK	05684B107
MFIC	APOLLO INVT CORP	53,000	$438K	0.2%	$4.84	0.0%	COM NEW	03761U502
TRTX	TPG RE FIN TR INC	50,000	$423K	0.2%	$8.60	—	COM	87266M107
CPRI	CAPRI HOLDINGS LIMITED	20,000	$360K	0.2%	$16.96	0.0%	SHS	G1890L107
CMLS	CUMULUS MEDIA INC	59,633	$320K	0.2%	$15.38	-69.5%	COM CL A	231082801
—	BGC PARTNERS INC	100,000	$240K	0.1%	$2.74	—	CL A	05541T101
—	SYNACOR INC	59,785	$90,000	0.0%	$1.61	—	COM	871561106