Benefit Street Partners LLC Q3 vs. Q4 2022 Report

The following report depicts the comparison between the Q3 and Q4 2022 holdings of Benefit Street Partners LLC. The report reflects the changes in shares and value of each issuer held by the firm, showcasing the percentages of increases and decreases.

Introduction:

Benefit Street Partners LLC is a well-known investment firm located in New York City. Their Q3 vs. Q4 2022 report is quite enlightening; it provides us with essential information about the dynamic changes that have occurred in their holdings.

Main Body:

The report shows that BERRY CORP (BRY) was the only company that experienced a reduction in shares and value, with a decrease of 9.8%. On the other side of the spectrum, the report also revealed that FRONTIER COMMUNICATIONS PARE (FYBR), CLEAR CHANNEL OUTDOOR HLDGS (CCO), and ACRES COMMERCIAL REALTY CORP (ACR) have all managed to increase their shares and value, with growth rates of 8.8%, 23.4%, and 1.3%, respectively.

Another fascinating observation from the report is the fact that SPOTIFY USA INC, DRAFTKINGS INC NEW, CF INDS HLDGS INC, VROOM INC, TASEKO MINES LTD, and COINBASE GLOBAL INC were not present in the Q3 holdings, but they join the Q4 holdings. The most notable of these companies is undoubtedly DRAFTKINGS INC NEW and SPOTIFY USA INC, with both companies holding 3,187,000 shares each.

However, the report also shows a significant decrease in the shares and value of CUMULUS MEDIA INC (CMLS) by 80.3% with just 20,622 shares in comparison to the 92,573 in Q3. Along with CMLS, PLAYAGS INC (AGS) and WAITR HLDGS INC are also no longer held in their holdings.

Conclusion:

Benefit Street Partners LLC's Q3 vs. Q4 2022 report is quite revealing, showing the ups and downs of their holdings. It is worth noting that even though some companies like BERRY CORP experienced a decrease in shares, companies like FYBR and CCO had a stable increase. Investment firms can use reports like this to analyze trends and make informed decisions based on the data at hand.