Benefit Street Partners LLC Quant / Systematic

Location: New York, NY

CIK: 0001543160 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $688M (95.9% shares, 4.1% debt)

Holdings (39)

SPY SPDR S&P 500 ETF TR 72.0%

Value $495M Shares 1,500,000 Est. Cost — Unrealized —

— BERRY CORP 6.8%

Value $46.75M Shares 12,703,275 Est. Cost $15.41 Unrealized —

TGB TASEKO MINES LTD 2.4%

Value $16.35M Shares 12,535,614 Est. Cost $0.74 Unrealized +42.8%

LNG CHENIERE ENERGY INC 1.9%

Value $12.91M Shares 215,000 Est. Cost $65.80 Unrealized -18.5%

— WELBILT INC 1.7%

Value $11.37M Shares 861,471 Est. Cost $13.20 Unrealized —

— PIONEER NAT RES CO 1.6%

Value $11.22M Shares 98,493 Est. Cost $113.89 Unrealized —

— CHEFS WHSE INC 1.5%

Value $10.31M Shares 11,000,000 Est. Cost $0.94 Unrealized —

— PLAYAGS INC 1.5%

Value $9.975M Shares 1,385,425 Est. Cost $7.20 Unrealized —

VST VISTRA CORP 1.2%

Value $8.098M Shares 411,907 Est. Cost $18.54 Unrealized -10.2%

— WPX ENERGY INC 1.2%

Value $8.023M Shares 984,458 Est. Cost $11.08 Unrealized —

IHRT IHEARTMEDIA INC 1.1%

Value $7.528M Shares 579,933 Est. Cost $14.60 Unrealized -29.5%

— GOLAR LNG LTD 0.9%

Value $6.373M Shares 7,000,000 Est. Cost $0.72 Unrealized —

— CASA SYS INC 0.8%

Value $5.699M Shares 923,600 Est. Cost $3.78 Unrealized —

— CIMAREX ENERGY CO 0.7%

Value $4.644M Shares 123,800 Est. Cost $24.33 Unrealized —

WMB WILLIAMS COS INC 0.6%

Value $4.108M Shares 204,873 Est. Cost $15.40 Unrealized +1.5%

— BLACKSTONE MTG TR INC 0.5%

Value $3.753M Shares 3,760,000 Est. Cost $0.97 Unrealized —

SLB SCHLUMBERGER LTD 0.5%

Value $3.161M Shares 144,800 Est. Cost $16.89 Unrealized 0.0%

— DISH NETWORK CORPORATION 0.5%

Value $3.149M Shares 3,300,000 Est. Cost $0.95 Unrealized —

— CHENIERE ENERGY INC 0.5%

Value $3.13M Shares 4,000,000 Est. Cost $0.58 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.4%

Value $2.871M Shares 1,739,957 Est. Cost $5.11 Unrealized -75.4%

JAKK JAKKS PAC INC 0.2%

Value $1.429M Shares 287,039 Est. Cost $4.98 Unrealized -9.6%

— APOLLO COML REAL EST FIN INC 0.2%

Value $1.285M Shares 1,360,000 Est. Cost $0.94 Unrealized —

RITM NEW RESIDENTIAL INVT CORP 0.1%

Value $994K Shares 100,000 Est. Cost $7.43 Unrealized —

BCSF BAIN CAP SPECIALTY FIN INC 0.1%

Value $971K Shares 80,021 Est. Cost $5.89 Unrealized +5.3%

ARLP ALLIANCE RESOURCE PARTNERS L 0.1%

Value $896K Shares 200,000 Est. Cost $2.77 Unrealized —

MFIC APOLLO INVT CORP 0.1%

Value $822K Shares 77,400 Est. Cost $4.97 Unrealized +6.1%

— FS KKR CAP CORP II 0.1%

Value $820K Shares 50,000 Est. Cost $12.90 Unrealized —

CGBD TCG BDC INC 0.1%

Value $808K Shares 78,800 Est. Cost $4.80 Unrealized +11.9%

— HC2 HLDGS INC 0.1%

Value $798K Shares 244,829 Est. Cost $6.12 Unrealized —

PCG PG&E CORP 0.1%

Value $682K Shares 54,700 Est. Cost $9.16 Unrealized +22.1%

EZU ISHARES INC 0.1%

Value $661K Shares 15,000 Est. Cost $36.47 Unrealized —

LADR LADDER CAP CORP 0.1%

Value $557K Shares 57,000 Est. Cost $9.77 Unrealized —

GPMT GRANITE PT MTG TR INC 0.1%

Value $549K Shares 55,000 Est. Cost $9.98 Unrealized —

CMLS CUMULUS MEDIA INC 0.1%

Value $520K Shares 59,633 Est. Cost $15.38 Unrealized -54.4%

— ENTERCOM COMMUNICATIONS CORP 0.1%

Value $494K Shares 200,000 Est. Cost $2.47 Unrealized —

Value $488K Shares 240,541 Est. Cost $1.91 Unrealized —

CPRI CAPRI HOLDINGS LIMITED 0.1%

Value $420K Shares 10,000 Est. Cost $16.96 Unrealized +80.5%

— WAITR HLDGS INC 0.0%

Value $139K Shares 50,000 Est. Cost $2.78 Unrealized —

— SYNACOR INC 0.0%

Value $81,000 Shares 59,785 Est. Cost $1.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,500,000	$495M	72.0%	—	—	Put	78462F103
—	BERRY CORP	12,703,275	$46.75M	6.8%	$15.41	—	COM	08579X101
TGB	TASEKO MINES LTD	12,535,614	$16.35M	2.4%	$0.74	+42.8%	COM	876511106
LNG	CHENIERE ENERGY INC	215,000	$12.91M	1.9%	$65.80	-18.5%	COM NEW	16411R208
—	WELBILT INC	861,471	$11.37M	1.7%	$13.20	—	COM	949090104
—	PIONEER NAT RES CO	98,493	$11.22M	1.6%	$113.89	—	COM	723787107
—	CHEFS WHSE INC	11,000,000	$10.31M	1.5%	$0.94	—	NOTE 1.875%12/0	163086AB7
—	PLAYAGS INC	1,385,425	$9.975M	1.5%	$7.20	—	COM	72814N104
VST	VISTRA CORP	411,907	$8.098M	1.2%	$18.54	-10.2%	COM	92840M102
—	WPX ENERGY INC	984,458	$8.023M	1.2%	$11.08	—	COM	98212B103
IHRT	IHEARTMEDIA INC	579,933	$7.528M	1.1%	$14.60	-29.5%	COM CL A	45174J509
—	GOLAR LNG LTD	7,000,000	$6.373M	0.9%	$0.72	—	NOTE 2.750% 2/1	38046YAB7
—	CASA SYS INC	923,600	$5.699M	0.8%	$3.78	—	COM	14713L102
—	CIMAREX ENERGY CO	123,800	$4.644M	0.7%	$24.33	—	COM	171798101
WMB	WILLIAMS COS INC	204,873	$4.108M	0.6%	$15.40	+1.5%	COM	969457100
—	BLACKSTONE MTG TR INC	3,760,000	$3.753M	0.5%	$0.97	—	NOTE 4.375% 5/0	09257WAB6
SLB	SCHLUMBERGER LTD	144,800	$3.161M	0.5%	$16.89	0.0%	COM	806857108
—	DISH NETWORK CORPORATION	3,300,000	$3.149M	0.5%	$0.95	—	NOTE 3.375% 8/1	25470MAB5
—	CHENIERE ENERGY INC	4,000,000	$3.13M	0.5%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,739,957	$2.871M	0.4%	$5.11	-75.4%	COM	18453H106
JAKK	JAKKS PAC INC	287,039	$1.429M	0.2%	$4.98	-9.6%	COM NEW	47012E403
—	APOLLO COML REAL EST FIN INC	1,360,000	$1.285M	0.2%	$0.94	—	NOTE 4.750% 8/2	03762UAB1
RITM	NEW RESIDENTIAL INVT CORP	100,000	$994K	0.1%	$7.43	—	COM NEW	64828T201
BCSF	BAIN CAP SPECIALTY FIN INC	80,021	$971K	0.1%	$5.89	+5.3%	COM STK	05684B107
ARLP	ALLIANCE RESOURCE PARTNERS L	200,000	$896K	0.1%	$2.77	—	UT LTD PART	01877R108
MFIC	APOLLO INVT CORP	77,400	$822K	0.1%	$4.97	+6.1%	COM NEW	03761U502
—	FS KKR CAP CORP II	50,000	$820K	0.1%	$12.90	—	COM	35952V303
CGBD	TCG BDC INC	78,800	$808K	0.1%	$4.80	+11.9%	COM	872280102
—	HC2 HLDGS INC	244,829	$798K	0.1%	$6.12	—	COM	404139107
PCG	PG&E CORP	54,700	$682K	0.1%	$9.16	+22.1%	COM	69331C108
EZU	ISHARES INC	15,000	$661K	0.1%	$36.47	—	MSCI EURZONE ETF	464286608
LADR	LADDER CAP CORP	57,000	$557K	0.1%	$9.77	—	CL A	505743104
GPMT	GRANITE PT MTG TR INC	55,000	$549K	0.1%	$9.98	—	COM STK	38741L107
CMLS	CUMULUS MEDIA INC	59,633	$520K	0.1%	$15.38	-54.4%	COM CL A	231082801
—	ENTERCOM COMMUNICATIONS CORP	200,000	$494K	0.1%	$2.47	—	CL A	293639100
—	OI SA	240,541	$488K	0.1%	$1.91	—	SPONSORED ADR NE	670851500
CPRI	CAPRI HOLDINGS LIMITED	10,000	$420K	0.1%	$16.96	+80.5%	SHS	G1890L107
—	WAITR HLDGS INC	50,000	$139K	0.0%	$2.78	—	COM	930752100
—	SYNACOR INC	59,785	$81,000	0.0%	$1.61	—	COM	871561106