SILVERBACK ASSET MANAGEMENT LLC
CIK 0001278960
Annualised vol
11.069387%
Beta
0.389898
HHI
337.40518
Top-10 weight
45.667966%
VaR 95%
1.01812%
VaR 99%
2.089215%
Max drawdown
20.208777%
Matched value
69.806992%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| SMTC | ADDED | 17,674,000 | 12,608,000 | 40.18% | 76,653,135 |
| WOLF | ADDED | 14,034,000 | 8,531,000 | 64.51% | 49,293,914 |
| MKSI | NEW | 14,700,000 | - | - | 43,347,351 |
| PRCH | REDUCED | 29,213,000 | 35,713,000 | -18.2% | 37,552,693 |
| AVT | NEW | 25,000,000 | - | - | 35,058,850 |
| INDI | REDUCED | 28,915,000 | 36,615,000 | -21.03% | 33,504,776 |
| CAKE | NEW | 25,000,000 | - | - | 31,832,118 |
| NTNX | REDUCED | 19,941,000 | 22,000,000 | -9.36% | 27,503,433 |
| UBER | REDUCED | 20,000,000 | 23,000,000 | -13.04% | 23,999,602 |
| DBX | ADDED | 22,800,000 | 17,800,000 | 28.09% | 22,985,364 |
| BBIO | REDUCED | 19,532,000 | 22,032,000 | -11.35% | 21,729,672 |
| ORCL | REDUCED | 430,000 | 490,000 | -12.24% | 19,328,500 |
| COLL | ADDED | 15,298,000 | 10,300,000 | 48.52% | 18,785,944 |
| EVH | REDUCED | 23,518,000 | 26,649,000 | -11.75% | 17,966,329 |
| SYNA | REDUCED | 10,684,000 | 20,423,000 | -47.69% | 15,860,844 |
| ON | REDUCED | 12,000,000 | 22,571,000 | -46.83% | 14,502,976 |
| GWRE | ADDED | 14,546,000 | 12,500,000 | 16.37% | 14,016,974 |
| DFTX | UNCHANGED | 294,400 | 294,400 | 0.0% | 13,848,576 |
| HALO | UNCHANGED | 11,134,000 | 11,134,000 | 0.0% | 12,407,451 |
| ZS | NEW | 12,633,000 | - | - | 11,682,367 |
| ATEN | NEW | 6,750,000 | - | - | 11,469,600 |
| VERX | REDUCED | 12,500,000 | 15,000,000 | -16.67% | 11,210,261 |
| GLNG | NEW | 9,700,000 | - | - | 11,049,109 |
| VSH | REDUCED | 4,583,000 | 28,833,000 | -84.11% | 9,104,772 |
| HLIT | REDUCED | 525,000 | 648,566 | -19.05% | 8,573,250 |
| CYTK | NEW | 100,000 | - | - | 8,519,000 |
| WEC | NEW | 8,000,000 | - | - | 8,324,343 |
| AKAM | ADDED | 6,499,000 | 2,500,000 | 159.96% | 7,795,976 |
| OMCL | REDUCED | 5,600,000 | 9,600,000 | -41.67% | 5,954,926 |
| VRM | ADDED | 449,236 | 437,936 | 2.58% | 3,459,117 |
| LCID | UNCHANGED | 470,000 | 470,000 | 0.0% | 3,144,300 |
| PAR | UNCHANGED | 150,000 | 150,000 | 0.0% | 2,613,000 |
| WULF | UNCHANGED | 96,600 | 96,600 | 0.0% | 2,386,020 |
| ASTS | UNCHANGED | 24,200 | 24,200 | 0.0% | 2,150,412 |
| EYPT | UNCHANGED | 150,000 | 150,000 | 0.0% | 2,145,000 |
| AVAV | UNCHANGED | 12,100 | 12,100 | 0.0% | 1,997,347 |
| TEM | REDUCED | 28,700 | 35,700 | -19.61% | 1,662,591 |
| KPTI | REDUCED | 130,000 | 165,000 | -21.21% | 1,270,100 |
| MX | REDUCED | 100,000 | 220,000 | -54.55% | 473,000 |
| OCGN | NEW | 250,000 | - | - | 382,500 |
| ALNY | CLOSED OUT | 0 | 15,161,000 | -100.0% | 0 |
| PENG | CLOSED OUT | 0 | 3,985,000 | -100.0% | 0 |
| PTON | CLOSED OUT | 0 | 1,368,000 | -100.0% | 0 |
| GOSS | CLOSED OUT | 0 | 500,000 | -100.0% | 0 |
| NEO | CLOSED OUT | 0 | 165,101 | -100.0% | 0 |
| VIAV | CLOSED OUT | 0 | 100,000 | -100.0% | 0 |
| STNG | CLOSED OUT | 0 | 10,000 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | ISHARES TR | RUSSELL 2000 ETF | 464287655 | 82,623,750 | 8.93 | 275000.0 | |
| SMTC | ADDED | SEMTECH CORP | NOTE 1.625%11/0 | 816850AF8 | 76,653,135 | 8.29 | 1.7674E7 |
| MKSI | NEW | MKS INC. | NOTE 1.250% 6/0 | 55306NAB0 | 43,347,351 | 4.69 | 1.47E7 |
| AVT | NEW | AVNET INC | NOTE 1.750% 9/0 | 053807AY9 | 35,058,850 | 3.79 | 2.5E7 |
| - | JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | 472145AH4 | 34,195,632 | 3.7 | 2.0034E7 | |
| INDI | REDUCED | INDIE SEMICONDUCTOR INC | NOTE 3.500% 12/1 | 45569UAC5 | 33,504,776 | 3.62 | 2.8915E7 |
| CAKE | NEW | CHEESECAKE FACTORY INC | NOTE 2.000% 3/1 | 163072AC5 | 31,832,118 | 3.44 | 2.5E7 |
| - | CYBERARK SOFTWARE LTD | NOTE 6/1 | 23248VAD7 | 30,220,053 | 3.27 | 1.815E7 | |
| WOLF | ADDED | WOLFSPEED INC | NOTE 2.500% 6/1 | 977852AP7 | 28,352,623 | 3.07 | 7194000.0 |
| - | CRACKER BARREL OLD CTRY STOR | NOTE 1.750% 9/1 | 22410JAD8 | 26,529,712 | 2.87 | 2.5879E7 | |
| PRCH | REDUCED | PORCH GROUP INC | DEBT 9.000% 5/1 | 733245AD6 | 25,312,579 | 2.74 | 1.75E7 |
| UBER | REDUCED | UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | 90353TAM2 | 23,999,602 | 2.6 | 2.0E7 |
| DBX | ADDED | DROPBOX INC | NOTE 3/0 | 26210CAD6 | 22,985,364 | 2.49 | 2.28E7 |
| NTNX | REDUCED | NUTANIX INC | NOTE 0.250%10/0 | 67059NAH1 | 22,407,433 | 2.42 | 1.9841E7 |
| BBIO | REDUCED | BRIDGEBIO PHARMA INC | NOTE 2.250% 2/0 | 10806XAD4 | 21,729,672 | 2.35 | 1.9532E7 |
| - | ALPHATEC HLDGS INC | NOTE 0.750% 3/1 | 02081GAD4 | 21,023,891 | 2.27 | 2.2028E7 | |
| ORCL | REDUCED | ORACLE CORP | 6.5 DEP CUM SR D | 68389X204 | 19,328,500 | 2.09 | 430000.0 |
| COLL | ADDED | COLLEGIUM PHARMACEUTICAL INC | NOTE 2.875% 2/1 | 19459JAC8 | 18,785,944 | 2.03 | 1.5298E7 |
| SYNA | REDUCED | SYNAPTICS INC | NOTE 0.750%12/0 | 87157DAJ8 | 15,860,844 | 1.72 | 1.0684E7 |
| ON | REDUCED | ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 | 14,502,976 | 1.57 | 1.2E7 |
| - | HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | 405024AD2 | 14,454,396 | 1.56 | 1.4283E7 | |
| GWRE | ADDED | GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | 40171VAC4 | 14,016,974 | 1.52 | 1.4546E7 |
| DFTX | UNCHANGED | DEFINIUM THERAPEUTICS INC | COM SHS | 24477V105 | 13,848,576 | 1.5 | 294400.0 |
| - | GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 | 13,500,108 | 1.46 | 1.5E7 | |
| - | VARONIS SYS INC | NOTE 1.000% 9/1 | 922280AD4 | 13,067,081 | 1.41 | 1.3455E7 | |
| HALO | UNCHANGED | HALOZYME THERAPEUTICS INC | NOTE 0.250% 3/0 | 40637HAD1 | 12,407,451 | 1.34 | 1.1134E7 |
| - | CENTURY ALUM CO | NOTE 2.750% 5/0 | 156431AQ1 | 12,316,167 | 1.33 | 5000000.0 | |
| PRCH | REDUCED | PORCH GROUP INC | NOTE/6 750% 10/1 | 733245AC8 | 12,240,114 | 1.32 | 1.1713E7 |
| ZS | NEW | ZSCALER INC | NOTE% 7/1 | 98980GAC6 | 11,682,367 | 1.26 | 1.2633E7 |
| ATEN | NEW | A10 NETWORKS INC | NOTE 2.750% 4/0 | 002121AB7 | 11,469,600 | 1.24 | 6750000.0 |
| VERX | REDUCED | VERTEX INC | NOTE 0.750% 5/0 | 92538JAB2 | 11,210,261 | 1.21 | 1.25E7 |
| GLNG | NEW | GOLAR LNG LTD | NOTE 2.750%12/1 | 38046YAD3 | 11,049,109 | 1.19 | 9700000.0 |
| WOLF | ADDED | WOLFSPEED INC | NOTE 3.500% 3/1 | 97785WAC0 | 10,641,411 | 1.15 | 4230000.0 |
| EVH | REDUCED | EVOLENT HEALTH INC | DEBT 4.500% 8/1 | 30050BAJ0 | 10,558,100 | 1.14 | 1.3518E7 |
| WOLF | ADDED | WOLFSPEED INC | NOTE 2.500% 6/1 | 977852AQ5 | 10,299,880 | 1.11 | 2610000.0 |
| VSH | REDUCED | VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | 928298AR9 | 9,104,772 | 0.98 | 4583000.0 |
| HLIT | REDUCED | HARMONIC INC | COM | 413160102 | 8,573,250 | 0.93 | 525000.0 |
| CYTK | NEW | CYTOKINETICS INC | COM NEW | 23282W605 | 8,519,000 | 0.92 | 100000.0 |
| WEC | NEW | WEC ENERGY GROUP INC | NOTE 3.375% 6/0 | 92939UAT3 | 8,324,343 | 0.9 | 8000000.0 |
| - | SELECT SECTOR SPDR TR | ST STR CARE ETF | 81369Y209 | 7,933,000 | 0.86 | 50000.0 | |
| - | SPDR SERIES TRUST | ST STR SP BIOT | 78464A870 | 7,912,500 | 0.86 | 50000.0 | |
| AKAM | ADDED | AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 00971TAL5 | 7,795,976 | 0.84 | 6499000.0 |
| EVH | REDUCED | EVOLENT HEALTH INC | NOTE 3.500%12/0 | 30050BAH4 | 7,408,229 | 0.8 | 1.0E7 |
| - | VIRIDIAN THERAPEUTICS INC | NOTE 1.750% 5/1 | 92790CAB0 | 6,965,493 | 0.75 | 6495000.0 | |
| OMCL | REDUCED | OMNICELL COM | NOTE 1.000%12/0 | 68213NAF6 | 5,954,926 | 0.64 | 5600000.0 |
| NTNX | REDUCED | NUTANIX INC | CL A | 67059N108 | 5,096,000 | 0.55 | 100000.0 |
| VRM | ADDED | VROOM INC | COM NEW | 92918V307 | 3,372,107 | 0.36 | 437936.0 |
| - | CORE SCIENTIFIC INC NEW | COM | 21874A106 | 3,367,644 | 0.36 | 131600.0 | |
| - | QIMONDA AG | NOTE 6.750% 3/2 | 74732WAA7 | 3,224,000 | 0.35 | 1.24E7 | |
| LCID | UNCHANGED | LUCID GROUP INC | COM NEW | 549498202 | 2,876,700 | 0.31 | 430000.0 |
| WULF | UNCHANGED | TERAWULF INC | COM | 88080T104 | 2,386,020 | 0.26 | 96600.0 |
| ASTS | UNCHANGED | AST SPACEMOBILE INC | COM CL A | 00217D100 | 2,150,412 | 0.23 | 24200.0 |
| AVAV | UNCHANGED | AEROVIRONMENT INC | COM | 008073108 | 1,997,347 | 0.22 | 12100.0 |
| TEM | REDUCED | TEMPUS AI INC | CL A | 88023B103 | 1,662,591 | 0.18 | 28700.0 |
| EYPT | UNCHANGED | EYEPOINT INC | COM NEW | 30233G209 | 1,430,000 | 0.15 | 100000.0 |
| KPTI | REDUCED | KARYOPHARM THERAPEUTICS INC | COM NEW | 48576U205 | 977,000 | 0.11 | 100000.0 |
| - | LIVEPERSON INC | COM | 538146309 | 921,502 | 0.1 | 485001.0 | |
| PAR | UNCHANGED | PAR TECHNOLOGY CORP | COM | 698884103 | 871,000 | 0.09 | 50000.0 |
| PAR | UNCHANGED | PAR TECHNOLOGY CORP | COM | 698884103 | 871,000 | 0.09 | 50000.0 |
| PAR | UNCHANGED | PAR TECHNOLOGY CORP | COM | 698884103 | 871,000 | 0.09 | 50000.0 |
| EYPT | UNCHANGED | EYEPOINT INC | COM NEW | 30233G209 | 715,000 | 0.08 | 50000.0 |
| - | INOTIV INC | NOTE 3.250%10/1 | 45783QAB6 | 583,406 | 0.06 | 1.7092E7 | |
| MX | REDUCED | MAGNACHIP SEMICONDUCTOR CORP | COM | 55933J203 | 473,000 | 0.05 | 100000.0 |
| OCGN | NEW | OCUGEN INC | COM | 67577C105 | 382,500 | 0.04 | 250000.0 |
| - | ACCURAY INC DEL | COM | 004397105 | 373,810 | 0.04 | 1450000.0 | |
| KPTI | REDUCED | KARYOPHARM THERAPEUTICS INC | COM NEW | 48576U205 | 293,100 | 0.03 | 30000.0 |
| LCID | UNCHANGED | LUCID GROUP INC | COM NEW | 549498202 | 267,600 | 0.03 | 40000.0 |
| VRM | ADDED | VROOM INC | COM NEW | 92918V307 | 87,010 | 0.01 | 11300.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 924,757,638 | 68 | 11.069387 | 0.389898 | 20.208777 |
| 2026-03-31 | 2026-05-21 | 698,847,142 | 63 | 10.291089 | 0.357304 | 18.150661 |
| 2025-12-31 | 2026-02-17 | 683,800,202 | 58 | 10.364757 | 0.3438 | 17.897097 |
| 2025-09-30 | 2025-11-13 | 1,044,225,389 | 68 | 9.676747 | 0.293488 | 15.985338 |
| 2025-03-31 | 2025-05-15 | 724,155,741 | 61 | 7.922151 | 0.241798 | 13.732526 |
| 2024-12-31 | 2025-02-27 | 667,532,292 | 70 | 10.167878 | 0.307073 | 16.366142 |