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Livermore
Livermore
ZHEN

Silverback Asset Management LLC

SEC CIK
0001278960
Latest filing
Aug 13, 2026

The latest 13F from Silverback Asset Management LLC covers Q2 2026 (filed Aug 13, 2026): 54 long positions worth $790.7M. The top 10 holdings make up 46.2% of the portfolio, and the largest is Semtech Corp at 9.7%. Livermore has 27 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
17
Est. +$312.3M
Added
1
Est. +$87.0K
Reduced
6
Est. −$4.13M
Sold out
8
Est. −$80.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. Semtech Corp816850AF8
    9.7%$76.7M
  2. MKS Inc55306NAB0
    5.5%$43.3M
  3. Avt 1.750 09/01/30 CVT Put053807AY9
    4.4%$35.1M
  4. Jazz Investments I Ltd472145AH4
    4.3%$34.2M
  5. indie Semiconductor, Inc.45569UAC5
    4.2%$33.5M

Biggest buys

New and added positions, by estimated amount bought

  1. MKS Inc55306NAB0
    +$43.3MNew
  2. Avt 1.750 09/01/30 CVT Put053807AY9
    +$35.1MNew
  3. Jazz Investments I Ltd472145AH4
    +$34.2MNew
  4. Cheesecake Factory Inc163072AC5
    +$31.8MNew
  5. Cyberark Software Ltd23248VAD7
    +$30.2MNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. MKS Inc55306NAB0
    +5.48 pp0.0% → 5.5%
  2. Avt 1.750 09/01/30 CVT Put053807AY9
    +4.43 pp0.0% → 4.4%
  3. Jazz Investments I Ltd472145AH4
    +4.32 pp0.0% → 4.3%
  4. Cheesecake Factory Inc163072AC5
    +4.03 pp0.0% → 4.0%
  5. Cyberark Software Ltd23248VAD7
    +3.82 pp0.0% → 3.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. On Semiconductor Corp682189AS4
    −$29.1MSold out
  2. Match Group, Inc.44932FAA5
    −$24.4MSold out
  3. Alny 09/15/28 CVT02043QAC1
    −$14.1MSold out
  4. Amphastar Pharmaceuticals IN03209RAB9
    −$4.60MSold out
  5. Penguin Solutions, Inc.83205YAE4
    −$4.00MSold out

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. On Semiconductor Corp682189AS4
    −5.74 pp5.7% → 0.0%
  2. Match Group, Inc.44932FAA5
    −4.82 pp4.8% → 0.0%
  3. Alny 09/15/28 CVT02043QAC1
    −2.79 pp2.8% → 0.0%
  4. Amphastar Pharmaceuticals IN03209RAB9
    −0.91 pp0.9% → 0.0%
  5. Penguin Solutions, Inc.83205YAE4
    −0.79 pp0.8% → 0.0%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$790.7M
+$283.6M (+55.9%) vs. prior quarter
Positions
54
+9 vs. prior quarter
Top 10 concentration
46.2%
Top 10 as share of value
Turnover
13.0%
Q2 2026, one quarter
Average holding period
3.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $836.8M (Q4 2021)

Q1 2021: $457.9MQ2 2021: $822.9MQ3 2021: $681.3MQ4 2021: $836.8MQ1 2022: $737.6MQ2 2022: $448.9MQ3 2022: $622.0MQ4 2022: $622.8MQ1 2023: $626.7MQ2 2023: $732.6MQ3 2023: $729.5MQ4 2023: $673.7MQ1 2024: $748.8MQ2 2024: $812.8MQ3 2024: $713.6MQ4 2024: $664.0MQ1 2025: $616.5MQ2 2025: $651.1MQ3 2025: $772.0MQ4 2025: $669.0MQ1 2026: $507.1MQ2 2026: $790.7M
Q1 2021Q2 2026
13F filings of Silverback Asset Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 202654$790.7MSemtech CorpMKS IncAvt 1.750 09/01/30 CVT Putvs. Q1 2026SEC
Q1 2026May 21, 2026Amended45$507.1Mindie Semiconductor, Inc.On Semiconductor CorpVishay Intertechnology Incvs. Q4 2025SEC
Q4 2025Feb 17, 202654$669.0MSeagate HDD CaymanCoinbase Global, Inc.Match Group, Inc.vs. Q3 2025SEC
Q3 2025Nov 13, 202556$772.0MSeagate HDD CaymanAsts 4 1/4 03/01/32Western Digital Corpvs. Q2 2025SEC
Q2 2025Aug 13, 202561$651.1MSeagate HDD CaymanLumentum Hldgs IncTyler Tex Indpt SCH Distvs. Q1 2025SEC
Q1 2025May 15, 202558$616.5MTyler Tex Indpt SCH DistVishay Intertechnology IncJohn Bean Technologies Corpvs. Q4 2024SEC
Q4 2024Feb 27, 2025Amended67$664.0MEchoStar CORPWestern Digital CorpGroupon, Inc.vs. Q3 2024SEC
Q3 2024Nov 14, 202478$713.6MNova Ltd.Wayfair Inc.Lucid Group, Inc.vs. Q2 2024SEC
Q2 2024Aug 14, 202482$812.8MNova Ltd.SPYInfinera Corpvs. Q1 2024SEC
Q1 2024May 14, 202475$748.8MMongoDB, Inc.Nova Ltd.Ivanhoe Mines Ltdvs. Q4 2023SEC
Q4 2023Feb 13, 202481$673.7MIvanhoe Mines LtdFuboTV Inc.DISH Network CORPvs. Q3 2023SEC
Q3 2023Nov 14, 202388$729.5MSPYCyberark Software LtdDISH Network CORPvs. Q2 2023SEC
Q2 2023Oct 6, 2023Amended86$732.6MNova Ltd.Insulet CorpInfinera Corpvs. Q1 2023SEC
Q1 2023May 15, 202394$626.7MInfinera CorpHarmonic Inc.Insulet Corpvs. Q4 2022SEC
Q4 2022Feb 14, 2023125$622.8MInfinera CorpInsulet CorpHarmonic Inc.vs. Q3 2022SEC
Q3 2022Mar 2, 2023Amended128$622.0MScorpio Tankers Inc (Exchange)Infinera CorpHarmonic Inc.vs. Q2 2022SEC
Q2 2022Aug 15, 202292$448.9MScorpio Tankers Inc (Exchange)Splunk IncInfinera Corpvs. Q1 2022SEC
Q1 2022May 13, 202289$737.6MSPYPalo Alto Networks IncWorkday, Inc.vs. Q4 2021SEC
Q4 2021Feb 14, 202279$836.8MHubSpot IncDatadog, Inc.Zscaler, Inc.vs. Q3 2021SEC
Q3 2021Nov 15, 202181$681.3MDISH Network CORPCoupa Software IncChegg, Incvs. Q2 2021SEC
Q2 2021Aug 16, 202174$822.9MPlug Power IncDISH Network CORPDick's Sporting Goods, Inc.vs. Q1 2021SEC
Q1 2021May 17, 202148$457.9MBandwidth Inc.Dick's Sporting Goods, Inc.Coupa Software Inc–SEC

13D and 13G filings

Companies where Silverback Asset Management LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Silverback Asset Management LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
VRMVroom, Inc.13G8.23%424.9K sharesNewMay 14, 20251 filingMay 14, 2025SEC

Latest filings

1 filing on file made by Silverback Asset Management LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Silverback Asset Management LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
VRMVroom, Inc.May 14, 20254:45 PM ET13G8.23%424.9K sharesNewMar 31, 2025SEC