Benefit Street Partners Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Clear Channel Outdoor Holdings
CCO
|
+$15.2M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$15.2M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$5.4M |
| 4 |
Cheniere Energy
LNG
|
+$3.31M |
| 5 |
Spectrum Brands
SPB
|
+$2.86M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRY
Berry Corp
BRY
|
+$113M |
| 2 |
OIBR.C
OI S.A. American Depositary Shares, each representing five shares of common stock
OIBR.C
|
+$48.6M |
| 3 |
AVYA
Avaya Holdings Corp. Common Stock
AVYA
|
+$31.5M |
| 4 |
Scorpio Tankers
STNG
|
+$13.7M |
| 5 |
NIHD
NII Holdings, Inc. Common Stock
NIHD
|
+$4.06M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 19.63% |
| 2 | Communication Services | 7.08% |
| 3 | Technology | 3.06% |
| 4 | Healthcare | 1.42% |
| 5 | Utilities | 0.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
INNOVATE Corp
VATE
$106M
| $669K | 0.06% |
28,348
| – | – |
|
27
FerroAtlántica
GSM
$590M
| $317K | 0.03% |
186,663
-535,813
| -74% | -$1.02M |
|
|
SYNC
28
DELISTED
Synacor, Inc.
SYNC
| $93K | 0.01% |
59,785
| – | – |
|
29
Antero Resources
AR
$10.9B
| – | – |
-376,072
| Closed | -$3.32M |
|
30
Targa Resources
TRGP
$56.8B
| – | – |
-53,500
| Closed | -$2.22M |
|
|
RRD
31
DELISTED
RR Donnelley & Sons Co.
RRD
| – | – |
-149,158
| Closed | -$704K |
|
|
EGLE
32
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| – | – |
-100,000
| Closed | -$3.25M |
|
Similar funds
Benefit Street Partners's Q2 2019 Portfolio in Review
As of Q2 2019, Benefit Street Partners held 36 positions worth $1.1B, down 5.6% from $1.16B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Benefit Street Partners withdrew a net $79.2M in Q2 2019, closing 4 positions and reducing 10 holdings. Its most notable exit was Antero Resources, an estimated $3.32M position sold in full.
By sector, the portfolio is most concentrated in Energy at 20% of assets, down from 28% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Benefit Street Partners opened a new position in Clear Channel Outdoor Holdings worth $14.1M.
- Benefit Street Partners's largest Q2 2019 buy was Clear Channel Outdoor Holdings: 2,984,455 shares worth $14.1M.
- Benefit Street Partners added most to Cheniere Energy in Q2 2019, an estimated $3.31M increase.
- Benefit Street Partners's biggest Q2 2019 reduction was Berry Corp, cutting an estimated $113M.
- Benefit Street Partners fully exited Antero Resources in Q2 2019, selling an estimated $3.32M.
- Benefit Street Partners's ten largest holdings make up 88% of its $1.1B portfolio in Q2 2019.
- Benefit Street Partners opened 11 new positions and closed 4 in Q2 2019.
- Benefit Street Partners's portfolio value fell 5.6% quarter-over-quarter to $1.1B.
Based on Benefit Street Partners's 13F filing for Q2 2019, filed 12 Aug 2019.