Benefit Street Partners Portfolio holdings

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.