Benefit Street Partners LLC Quant / Systematic

CIK: 0001543160 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value ($000): $302,045 (94.3% shares, 5.7% debt)

Holdings (45)

— BERRY CORP 35.4%

Value ($000) $106,962 Shares 12,703,275 Est. Cost $15.41 Unrealized —

TGB TASEKO MINES LTD 7.5%

Value ($000) $22,589 Shares 11,003,722 Est. Cost $0.74 Unrealized +181.2%

— FRONTIER COMMUNICATIONS PARE 5.4%

Value ($000) $16,329 Shares 553,709 Est. Cost $26.40 Unrealized —

JAKK JAKKS PAC INC 5.0%

Value ($000) $15,001 Shares 1,476,524 Est. Cost $10.54 Unrealized +0.9%

CF CF INDS HLDGS INC 3.8%

Value ($000) $11,330 Shares 160,069 Est. Cost $51.10 Unrealized +12.2%

DTM DT MIDSTREAM INC 3.7%

Value ($000) $11,275 Shares 235,000 Est. Cost $36.82 Unrealized +8.2%

IHRT IHEARTMEDIA INC 3.7%

Value ($000) $11,150 Shares 529,933 Est. Cost $14.60 Unrealized +45.1%

— CASA SYS INC 3.2%

Value ($000) $9,589 Shares 1,691,197 Est. Cost $5.84 Unrealized —

VST VISTRA CORP 3.0%

Value ($000) $9,127 Shares 400,843 Est. Cost $18.44 Unrealized +0.4%

— SKILLSOFT CORP 2.8%

Value ($000) $8,453 Shares 923,836 Est. Cost $9.85 Unrealized —

CCO CLEAR CHANNEL OUTDOOR HLDGS 2.4%

Value ($000) $7,315 Shares 2,209,957 Est. Cost $4.48 Unrealized -30.5%

— GOLAR LNG LTD 2.3%

Value ($000) $6,958 Shares 7,000,000 Est. Cost $0.72 Unrealized —

— PLAYAGS INC 2.3%

Value ($000) $6,820 Shares 1,004,463 Est. Cost $7.35 Unrealized —

WMB WILLIAMS COS INC 2.0%

Value ($000) $5,907 Shares 226,824 Est. Cost $17.28 Unrealized +31.6%

LNG CHENIERE ENERGY INC 1.9%

Value ($000) $5,705 Shares 56,255 Est. Cost $65.80 Unrealized +58.5%

— ARIS WATER SOLUTIONS INC 1.7%

Value ($000) $5,090 Shares 393,068 Est. Cost $12.95 Unrealized —

— PIONEER NAT RES CO 1.6%

Value ($000) $4,907 Shares 2,750,000 Est. Cost $1.59 Unrealized —

NOG NORTHERN OIL AND GAS INC MN 1.5%

Value ($000) $4,466 Shares 217,002 Est. Cost $22.35 Unrealized 0.0%

— VIACOMCBS INC 1.2%

Value ($000) $3,635 Shares 72,390 Est. Cost $50.21 Unrealized —

CRK COMSTOCK RES INC 1.2%

Value ($000) $3,623 Shares 447,849 Est. Cost $8.66 Unrealized 0.0%

— STEM INC 1.1%

Value ($000) $3,225 Shares 170,000 Est. Cost $26.71 Unrealized —

CMLS CUMULUS MEDIA INC 0.9%

Value ($000) $2,822 Shares 250,846 Est. Cost $11.40 Unrealized +7.9%

AES AES CORP 0.6%

Value ($000) $1,823 Shares 75,000 Est. Cost $22.23 Unrealized -7.0%

— CHENIERE ENERGY INC 0.6%

Value ($000) $1,683 Shares 2,000,000 Est. Cost $0.58 Unrealized —

FSK FS KKR CAP CORP 0.5%

Value ($000) $1,537 Shares 73,383 Est. Cost $11.05 Unrealized +6.5%

CGBD TCG BDC INC 0.5%

Value ($000) $1,407 Shares 102,470 Est. Cost $5.25 Unrealized +60.3%

BCSF BAIN CAP SPECIALTY FIN INC 0.5%

Value ($000) $1,376 Shares 90,492 Est. Cost $6.31 Unrealized +50.1%

TRTX TPG RE FIN TR INC 0.4%

Value ($000) $1,356 Shares 110,081 Est. Cost $12.52 Unrealized —

MFIC APOLLO INVT CORP 0.4%

Value ($000) $1,286 Shares 100,540 Est. Cost $5.53 Unrealized +43.5%

GPMT GRANITE PT MTG TR INC 0.4%

Value ($000) $1,219 Shares 104,100 Est. Cost $10.92 Unrealized —

— MULTIPLAN CORPORATION 0.4%

Value ($000) $1,108 Shares 250,000 Est. Cost $4.43 Unrealized —

CION CION INVT CORP 0.4%

Value ($000) $1,072 Shares 82,000 Est. Cost $7.04 Unrealized 0.0%

— BLUCORA INC 0.3%

Value ($000) $1,024 Shares 59,100 Est. Cost $16.99 Unrealized —

ACR ACRES COMMERCIAL REALTY CORP 0.3%

Value ($000) $950 Shares 76,156 Est. Cost $16.06 Unrealized —

TRGP TARGA RES CORP 0.3%

Value ($000) $892 Shares 17,073 Est. Cost $28.90 Unrealized +69.6%

BBCP CONCRETE PUMPING HLDGS INC 0.3%

Value ($000) $796 Shares 97,132 Est. Cost $7.09 Unrealized +6.9%

PCG PG&E CORP 0.2%

Value ($000) $664 Shares 54,700 Est. Cost $9.16 Unrealized +26.5%

— WAITR HLDGS INC 0.1%

Value ($000) $259 Shares 350,000 Est. Cost $2.58 Unrealized —

— CLIMATE REAL IMPACT SLUTINS 0.1%

Value ($000) $199 Shares 20,000 Est. Cost $9.95 Unrealized —

— DIGITAL TRANSFORMATN OPT COR 0.1%

Value ($000) $199 Shares 20,000 Est. Cost $9.80 Unrealized —

— FORTRESS VALUE ACQUIS CORP I 0.1%

Value ($000) $198 Shares 20,000 Est. Cost $9.95 Unrealized —

— LAZARD GROWTH ACQUISITION CO 0.1%

Value ($000) $198 Shares 20,000 Est. Cost $9.90 Unrealized —

— L CATTERTON ASIA ACQUISITION 0.1%

Value ($000) $198 Shares 20,000 Est. Cost $9.95 Unrealized —

— PWP FORWARD ACQUISITION CORP 0.1%

Value ($000) $196 Shares 20,000 Est. Cost $9.95 Unrealized —

JWSUF JAWS MUSTANG ACQUISITION COR 0.0%

Value ($000) $127 Shares 12,680 Est. Cost $10.02 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	BERRY CORP	12,703,275	$106,962	35.4%	$15.41	—	COM	08579X101
TGB	TASEKO MINES LTD	11,003,722	$22,589	7.5%	$0.74	+181.2%	COM	876511106
—	FRONTIER COMMUNICATIONS PARE	553,709	$16,329	5.4%	$26.40	—	COM	35909D109
JAKK	JAKKS PAC INC	1,476,524	$15,001	5.0%	$10.54	+0.9%	COM NEW	47012E403
CF	CF INDS HLDGS INC	160,069	$11,330	3.8%	$51.10	+12.2%	COM	125269100
DTM	DT MIDSTREAM INC	235,000	$11,275	3.7%	$36.82	+8.2%	COMMON STOCK	23345M107
IHRT	IHEARTMEDIA INC	529,933	$11,150	3.7%	$14.60	+45.1%	COM CL A	45174J509
—	CASA SYS INC	1,691,197	$9,589	3.2%	$5.84	—	COM	14713L102
VST	VISTRA CORP	400,843	$9,127	3.0%	$18.44	+0.4%	COM	92840M102
—	SKILLSOFT CORP	923,836	$8,453	2.8%	$9.85	—	CL A	83066P200
CCO	CLEAR CHANNEL OUTDOOR HLDGS	2,209,957	$7,315	2.4%	$4.48	-30.5%	COM	18453H106
—	GOLAR LNG LTD	7,000,000	$6,958	2.3%	$0.72	—	NOTE 2.750% 2/1	38046YAB7
—	PLAYAGS INC	1,004,463	$6,820	2.3%	$7.35	—	COM	72814N104
WMB	WILLIAMS COS INC	226,824	$5,907	2.0%	$17.28	+31.6%	COM	969457100
LNG	CHENIERE ENERGY INC	56,255	$5,705	1.9%	$65.80	+58.5%	COM NEW	16411R208
—	ARIS WATER SOLUTIONS INC	393,068	$5,090	1.7%	$12.95	—	CLASS A COM	04041L106
—	PIONEER NAT RES CO	2,750,000	$4,907	1.6%	$1.59	—	NOTE 0.250% 5/1	723787AP2
NOG	NORTHERN OIL AND GAS INC MN	217,002	$4,466	1.5%	$22.35	0.0%	COM	665531307
—	VIACOMCBS INC	72,390	$3,635	1.2%	$50.21	—	5.75% CONV PFD A	92556H305
CRK	COMSTOCK RES INC	447,849	$3,623	1.2%	$8.66	0.0%	COM	205768302
—	STEM INC	170,000	$3,225	1.1%	$26.71	—	COM	85859N102
CMLS	CUMULUS MEDIA INC	250,846	$2,822	0.9%	$11.40	+7.9%	COM CL A	231082801
AES	AES CORP	75,000	$1,823	0.6%	$22.23	-7.0%	COM	00130H105
—	CHENIERE ENERGY INC	2,000,000	$1,683	0.6%	$0.58	—	NOTE 4.250% 3/1	16411RAG4
FSK	FS KKR CAP CORP	73,383	$1,537	0.5%	$11.05	+6.5%	COM	302635206
CGBD	TCG BDC INC	102,470	$1,407	0.5%	$5.25	+60.3%	COM	872280102
BCSF	BAIN CAP SPECIALTY FIN INC	90,492	$1,376	0.5%	$6.31	+50.1%	COM STK	05684B107
TRTX	TPG RE FIN TR INC	110,081	$1,356	0.4%	$12.52	—	COM	87266M107
MFIC	APOLLO INVT CORP	100,540	$1,286	0.4%	$5.53	+43.5%	COM NEW	03761U502
GPMT	GRANITE PT MTG TR INC	104,100	$1,219	0.4%	$10.92	—	COM STK	38741L107
—	MULTIPLAN CORPORATION	250,000	$1,108	0.4%	$4.43	—	COM	62548M100
CION	CION INVT CORP	82,000	$1,072	0.4%	$7.04	0.0%	COM	17259U204
—	BLUCORA INC	59,100	$1,024	0.3%	$16.99	—	COM	095229100
ACR	ACRES COMMERCIAL REALTY CORP	76,156	$950	0.3%	$16.06	—	COM NEW	00489Q102
TRGP	TARGA RES CORP	17,073	$892	0.3%	$28.90	+69.6%	COM	87612G101
BBCP	CONCRETE PUMPING HLDGS INC	97,132	$796	0.3%	$7.09	+6.9%	COM	206704108
PCG	PG&E CORP	54,700	$664	0.2%	$9.16	+26.5%	COM	69331C108
—	WAITR HLDGS INC	350,000	$259	0.1%	$2.58	—	COM	930752100
—	CLIMATE REAL IMPACT SLUTINS	20,000	$199	0.1%	$9.95	—	UNIT 99/99/9999	187171202
—	DIGITAL TRANSFORMATN OPT COR	20,000	$199	0.1%	$9.80	—	UNIT 03/31/2028	25401K206
—	FORTRESS VALUE ACQUIS CORP I	20,000	$198	0.1%	$9.95	—	UNIT 12/31/2027	34964G206
—	LAZARD GROWTH ACQUISITION CO	20,000	$198	0.1%	$9.90	—	UNIT 99/99/9999	G54035129
—	L CATTERTON ASIA ACQUISITION	20,000	$198	0.1%	$9.95	—	UNIT 03/11/2026	G5346G109
—	PWP FORWARD ACQUISITION CORP	20,000	$196	0.1%	$9.95	—	UNIT 03/10/2026	74709Q200
JWSUF	JAWS MUSTANG ACQUISITION COR	12,680	$127	0.0%	$10.02	—	UNIT 99/99/9999	G50737116