Benefit Street Partners LLC Quant / Systematic

CIK: 0001543160 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 17, 2021

Total Value ($000): $703,864 (97.9% shares, 2.1% debt)

Holdings (43)

SPY SPDR S&P 500 ETF TR 69.1%

Value ($000) $486,150 Shares 1,425,000 Est. Cost — Unrealized —

— BERRY CORP 9.9%

Value ($000) $69,995 Shares 12,703,275 Est. Cost $15.41 Unrealized —

TGB TASEKO MINES LTD 2.8%

Value ($000) $20,060 Shares 11,693,811 Est. Cost $0.74 Unrealized +110.2%

— CASA SYS INC 1.8%

Value ($000) $12,756 Shares 1,338,543 Est. Cost $5.56 Unrealized —

LNG CHENIERE ENERGY INC 1.7%

Value ($000) $11,882 Shares 165,000 Est. Cost $65.80 Unrealized +3.9%

— PLAYAGS INC 1.6%

Value ($000) $11,456 Shares 1,417,853 Est. Cost $7.22 Unrealized —

IHRT IHEARTMEDIA INC 1.5%

Value ($000) $10,526 Shares 579,933 Est. Cost $14.60 Unrealized +3.4%

DVN DEVON ENERGY CORP NEW 1.3%

Value ($000) $8,925 Shares 408,472 Est. Cost $15.93 Unrealized 0.0%

— WELBILT INC 1.2%

Value ($000) $8,230 Shares 506,436 Est. Cost $13.20 Unrealized —

VST VISTRA CORP 1.0%

Value ($000) $6,841 Shares 386,907 Est. Cost $18.54 Unrealized -3.5%

— GOLAR LNG LTD 1.0%

Value ($000) $6,781 Shares 7,000,000 Est. Cost $0.72 Unrealized —

WMB WILLIAMS COS INC 0.7%

Value ($000) $4,853 Shares 204,873 Est. Cost $15.40 Unrealized +15.8%

SLB SCHLUMBERGER LTD 0.6%

Value ($000) $3,937 Shares 144,800 Est. Cost $16.89 Unrealized +40.4%

— CIMAREX ENERGY CO 0.5%

Value ($000) $3,789 Shares 63,800 Est. Cost $24.33 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 0.5%

Value ($000) $3,537 Shares 1,964,957 Est. Cost $4.74 Unrealized -60.0%

TPICQ TPI COMPOSITES INC 0.5%

Value ($000) $3,386 Shares 60,000 Est. Cost $60.15 Unrealized 0.0%

— CHENIERE ENERGY INC 0.5%

Value ($000) $3,240 Shares 4,000,000 Est. Cost $0.58 Unrealized —

— DISH NETWORK CORPORATION 0.5%

Value ($000) $3,181 Shares 3,300,000 Est. Cost $0.95 Unrealized —

CF CF INDS HLDGS INC 0.4%

Value ($000) $2,723 Shares 60,000 Est. Cost $40.67 Unrealized 0.0%

JAKK JAKKS PAC INC 0.3%

Value ($000) $2,047 Shares 287,040 Est. Cost $4.98 Unrealized +46.3%

AES AES CORP 0.3%

Value ($000) $2,011 Shares 75,000 Est. Cost $22.23 Unrealized 0.0%

CMLS CUMULUS MEDIA INC 0.2%

Value ($000) $1,499 Shares 164,493 Est. Cost $11.83 Unrealized -17.0%

BCSF BAIN CAP SPECIALTY FIN INC 0.2%

Value ($000) $1,484 Shares 100,379 Est. Cost $6.31 Unrealized +25.8%

MFIC APOLLO INVT CORP 0.2%

Value ($000) $1,379 Shares 100,540 Est. Cost $5.53 Unrealized +33.6%

— APOLLO COML REAL EST FIN INC 0.2%

Value ($000) $1,364 Shares 1,360,000 Est. Cost $0.94 Unrealized —

CGBD TCG BDC INC 0.2%

Value ($000) $1,353 Shares 102,470 Est. Cost $5.25 Unrealized +28.9%

LADR LADDER CAP CORP 0.2%

Value ($000) $1,270 Shares 107,600 Est. Cost $10.73 Unrealized —

— FS KKR CAP CORP II 0.2%

Value ($000) $1,262 Shares 64,628 Est. Cost $14.40 Unrealized —

GPMT GRANITE PT MTG TR INC 0.2%

Value ($000) $1,246 Shares 104,100 Est. Cost $10.92 Unrealized —

RITM NEW RESIDENTIAL INVT CORP 0.2%

Value ($000) $1,125 Shares 100,000 Est. Cost $7.43 Unrealized —

— WAITR HLDGS INC 0.1%

Value ($000) $733 Shares 250,000 Est. Cost $2.90 Unrealized —

EZU ISHARES INC 0.1%

Value ($000) $696 Shares 15,000 Est. Cost $36.47 Unrealized —

PCG PG&E CORP 0.1%

Value ($000) $641 Shares 54,700 Est. Cost $9.16 Unrealized +25.3%

BBDC BARINGS BDC INC 0.1%

Value ($000) $549 Shares 55,000 Est. Cost $5.67 Unrealized 0.0%

TRTX TPG RE FIN TR INC 0.1%

Value ($000) $515 Shares 45,951 Est. Cost $11.21 Unrealized —

EWU ISHARES TR 0.1%

Value ($000) $501 Shares 16,000 Est. Cost $31.31 Unrealized —

TRGP TARGA RES CORP 0.1%

Value ($000) $476 Shares 15,000 Est. Cost $28.02 Unrealized 0.0%

— BLUCORA INC 0.1%

Value ($000) $466 Shares 28,000 Est. Cost $16.64 Unrealized —

Value ($000) $399 Shares 240,541 Est. Cost $1.91 Unrealized —

ICLN ISHARES TR 0.1%

Value ($000) $379 Shares 15,600 Est. Cost $24.29 Unrealized —

— SYNACOR INC 0.0%

Value ($000) $131 Shares 59,785 Est. Cost $1.61 Unrealized —

— HC2 HLDGS INC 0.0%

Value ($000) $89 Shares 244,329 Est. Cost $6.12 Unrealized —

SD SANDRIDGE ENERGY INC 0.0%

Value ($000) $1 Shares 318 Est. Cost $4.55 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,425,000	$486,150	69.1%	—	—	Put	78462F103
—	BERRY CORP	12,703,275	$69,995	9.9%	$15.41	—	COM	08579X101
TGB	TASEKO MINES LTD	11,693,811	$20,060	2.8%	$0.74	+110.2%	COM	876511106
—	CASA SYS INC	1,338,543	$12,756	1.8%	$5.56	—	COM	14713L102
LNG	CHENIERE ENERGY INC	165,000	$11,882	1.7%	$65.80	+3.9%	COM NEW	16411R208
—	PLAYAGS INC	1,417,853	$11,456	1.6%	$7.22	—	COM	72814N104
IHRT	IHEARTMEDIA INC	579,933	$10,526	1.5%	$14.60	+3.4%	COM CL A	45174J509
DVN	DEVON ENERGY CORP NEW	408,472	$8,925	1.3%	$15.93	0.0%	COM	25179M103
—	WELBILT INC	506,436	$8,230	1.2%	$13.20	—	COM	949090104
VST	VISTRA CORP	386,907	$6,841	1.0%	$18.54	-3.5%	COM	92840M102
—	GOLAR LNG LTD	7,000,000	$6,781	1.0%	$0.72	—	NOTE 2.750% 2/1	38046YAB7
WMB	WILLIAMS COS INC	204,873	$4,853	0.7%	$15.40	+15.8%	COM	969457100
SLB	SCHLUMBERGER LTD	144,800	$3,937	0.6%	$16.89	+40.4%	COM	806857108
—	CIMAREX ENERGY CO	63,800	$3,789	0.5%	$24.33	—	COM	171798101
CCO	CLEAR CHANNEL OUTDOOR HLDGS	1,964,957	$3,537	0.5%	$4.74	-60.0%	COM	18453H106
TPICQ	TPI COMPOSITES INC	60,000	$3,386	0.5%	$60.15	0.0%	COM	87266J104
—	CHENIERE ENERGY INC	4,000,000	$3,240	0.5%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
—	DISH NETWORK CORPORATION	3,300,000	$3,181	0.5%	$0.95	—	NOTE 3.375% 8/1	25470MAB5
CF	CF INDS HLDGS INC	60,000	$2,723	0.4%	$40.67	0.0%	COM	125269100
JAKK	JAKKS PAC INC	287,040	$2,047	0.3%	$4.98	+46.3%	COM NEW	47012E403
AES	AES CORP	75,000	$2,011	0.3%	$22.23	0.0%	COM	00130H105
CMLS	CUMULUS MEDIA INC	164,493	$1,499	0.2%	$11.83	-17.0%	COM CL A	231082801
BCSF	BAIN CAP SPECIALTY FIN INC	100,379	$1,484	0.2%	$6.31	+25.8%	COM STK	05684B107
MFIC	APOLLO INVT CORP	100,540	$1,379	0.2%	$5.53	+33.6%	COM NEW	03761U502
—	APOLLO COML REAL EST FIN INC	1,360,000	$1,364	0.2%	$0.94	—	NOTE 4.750% 8/2	03762UAB1
CGBD	TCG BDC INC	102,470	$1,353	0.2%	$5.25	+28.9%	COM	872280102
LADR	LADDER CAP CORP	107,600	$1,270	0.2%	$10.73	—	CL A	505743104
—	FS KKR CAP CORP II	64,628	$1,262	0.2%	$14.40	—	COM	35952V303
GPMT	GRANITE PT MTG TR INC	104,100	$1,246	0.2%	$10.92	—	COM STK	38741L107
RITM	NEW RESIDENTIAL INVT CORP	100,000	$1,125	0.2%	$7.43	—	COM NEW	64828T201
—	WAITR HLDGS INC	250,000	$733	0.1%	$2.90	—	COM	930752100
EZU	ISHARES INC	15,000	$696	0.1%	$36.47	—	MSCI EURZONE ETF	464286608
PCG	PG&E CORP	54,700	$641	0.1%	$9.16	+25.3%	COM	69331C108
BBDC	BARINGS BDC INC	55,000	$549	0.1%	$5.67	0.0%	COM	06759L103
TRTX	TPG RE FIN TR INC	45,951	$515	0.1%	$11.21	—	COM	87266M107
EWU	ISHARES TR	16,000	$501	0.1%	$31.31	—	MSCI UK ETF NEW	46435G334
TRGP	TARGA RES CORP	15,000	$476	0.1%	$28.02	0.0%	COM	87612G101
—	BLUCORA INC	28,000	$466	0.1%	$16.64	—	COM	095229100
—	OI SA	240,541	$399	0.1%	$1.91	—	SPONSORED ADR NE	670851500
ICLN	ISHARES TR	15,600	$379	0.1%	$24.29	—	GL CLEAN ENE ETF	464288224
—	SYNACOR INC	59,785	$131	0.0%	$1.61	—	COM	871561106
—	HC2 HLDGS INC	244,329	$89	0.0%	$6.12	—	COM	404139107
SD	SANDRIDGE ENERGY INC	318	$1	0.0%	$4.55	0.0%	COM NEW	80007P869