Benefit Street Partners Portfolio holdings

Benefit Street Partners's Q2 2021 Portfolio in Review

As of Q2 2021, Benefit Street Partners held 52 positions worth $262M, down 63% from $704M the previous quarter. Its ten largest holdings account for 75% of the portfolio.

Benefit Street Partners withdrew a net $492M in Q2 2021, closing 12 positions and reducing 7 holdings. Its most notable exit was Welbilt, Inc., an estimated $8.23M position sold in full.

By sector, the portfolio is most concentrated in Energy at 43% of assets, up from 15% a quarter earlier, followed by Communication Services and Materials.

Against the trend, Benefit Street Partners opened a new position in Frontier Communications worth $19.5M.

• Benefit Street Partners's largest Q2 2021 buy was Frontier Communications: 738,709 shares worth $19.5M.
• Benefit Street Partners added most to Williams Companies in Q2 2021, an estimated $3.14M increase.
• Benefit Street Partners's biggest Q2 2021 reduction was PlayAGS, cutting an estimated $6.88M.
• Benefit Street Partners fully exited Welbilt, Inc. in Q2 2021, selling an estimated $8.23M.
• Benefit Street Partners's ten largest holdings make up 75% of its $262M portfolio in Q2 2021.
• Benefit Street Partners opened 9 new positions and closed 12 in Q2 2021.
• Benefit Street Partners's portfolio value fell 63% quarter-over-quarter to $262M.

Based on Benefit Street Partners's 13F filing for Q2 2021, filed 16 Aug 2021.