Benefit Street Partners Portfolio holdings

Benefit Street Partners's Q2 2018 Portfolio in Review

As of Q2 2018, Benefit Street Partners held 43 positions worth $481M, down 47% from $910M the previous quarter. Its ten largest holdings account for 81% of the portfolio.

Benefit Street Partners withdrew a net $611M in Q2 2018, closing 13 positions and reducing 5 holdings. Its most notable exit was Cross Country Healthcare, an estimated $17.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 8% a quarter earlier, followed by Energy and Communication Services.

Against the trend, Benefit Street Partners opened a new position in Scorpio Tankers worth $19.3M.

• Benefit Street Partners's largest Q2 2018 buy was Scorpio Tankers: 686,288 shares worth $19.3M.
• Benefit Street Partners added most to Vistra in Q2 2018, an estimated $11.5M increase.
• Benefit Street Partners's biggest Q2 2018 reduction was Callon Petroleum Company, cutting an estimated $7.97M.
• Benefit Street Partners fully exited Cross Country Healthcare in Q2 2018, selling an estimated $17.2M.
• Benefit Street Partners's ten largest holdings make up 81% of its $481M portfolio in Q2 2018.
• Benefit Street Partners opened 5 new positions and closed 13 in Q2 2018.
• Benefit Street Partners's portfolio value fell 47% quarter-over-quarter to $481M.

Based on Benefit Street Partners's 13F filing for Q2 2018, filed 13 Aug 2018.