Benefit Street Partners Portfolio holdings

Benefit Street Partners's Q4 2018 Portfolio in Review

As of Q4 2018, Benefit Street Partners held 38 positions worth $680M, down 52% from $1.42B the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Benefit Street Partners withdrew a net $475M in Q4 2018, closing 8 positions and reducing 3 holdings. Its most notable exit was Cheniere Energy, an estimated $17.4M position sold in full.

By sector, the portfolio is most concentrated in Energy at 29% of assets, up from 27% a quarter earlier, followed by Communication Services and Technology.

Against the trend, Benefit Street Partners opened a new position in Antero Resources worth $3.77M.

• Benefit Street Partners's largest Q4 2018 buy was Antero Resources: 401,072 shares worth $3.77M.
• Benefit Street Partners added most to OI S.A. American Depositary Shares, each representing five shares of common stock in Q4 2018, an estimated $35.3M increase.
• Benefit Street Partners's biggest Q4 2018 reduction was FTS International, Inc. Common Stock, cutting an estimated $72.1K.
• Benefit Street Partners fully exited Cheniere Energy in Q4 2018, selling an estimated $17.4M.
• Benefit Street Partners's ten largest holdings make up 91% of its $680M portfolio in Q4 2018.
• Benefit Street Partners opened 8 new positions and closed 8 in Q4 2018.
• Benefit Street Partners's portfolio value fell 52% quarter-over-quarter to $680M.

Based on Benefit Street Partners's 13F filing for Q4 2018, filed 31 Jan 2019.