Silverback Asset Management LLC
- SEC CIK
- 0001278960
- Latest filing
- Aug 13, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 13, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 56
- −5 vs. Q2 2025
- Portfolio value
- $772.0M
- +$121.0M (+18.6%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Seagate HDD Cayman81180WBL4 | NOTE 3.500% 6/0 | – | $44.5M | 5.8% | – | – | – |
| Asts 4 1/4 03/01/3200217DAA8 | 4.25 01/03/2032 | – | $43.6M | 5.6% | – | – | – |
| Western Digital Corp958102AT2 | NOTE 3.000%11/1 | – | $34.3M | 4.4% | – | – | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | – | $32.0M | 4.2% | – | – | – |
| Porch Group, Inc.733245AD6 | DEBT 9.000% 5/1 | – | $29.2M | 3.8% | – | – | – |
| Match Group, Inc.44932FAA5 | NOTE 0.875% 6/1 | – | $28.4M | 3.7% | – | New | – |
| John Bean Technologies Corp477839AB0 | NOTE 0.250% 5/1 | – | $27.6M | 3.6% | – | – | – |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | – | $27.1M | 3.5% | – | – | – |
| Coinbase Global, Inc.19260QAB3 | NOTE 0.500% 6/0 | – | $26.4M | 3.4% | – | – | – |
| Evergy, Inc.30034WAD8 | NOTE 4.500%12/1 | – | $25.2M | 3.3% | – | – | – |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | – | $24.3M | 3.1% | – | New | – |
| Live Nation Entertainment IN538034BA6 | NOTE 3.125% 1/1 | – | $22.1M | 2.9% | – | – | – |
| Vishay Intertechnology Inc928298AR9 | NOTE 2.250% 9/1 | – | $20.7M | 2.7% | – | – | – |
| Nutanix, Inc.67059NAH1 | NOTE 0.250%10/0 | – | $20.7M | 2.7% | – | – | – |
| EchoStar CORP278768AB2 | NOTE 3.875%11/3 | – | $19.8M | 2.6% | – | – | – |
| Viavi Solutions Inc.925550AH8 | NOTE 1.625% 3/1 | – | $19.6M | 2.5% | – | – | – |
| On Semiconductor Corp682189AS4 | NOTE 5/0 | – | $18.9M | 2.4% | – | – | – |
| Penguin Solutions, Inc.83205YAE4 | NOTE 2.000% 8/1 | – | $18.7M | 2.4% | – | New | – |
| Collegium Pharmaceutical, Inc19459JAC8 | NOTE 2.875% 2/1 | – | $17.5M | 2.3% | – | – | – |
| Peloton Interactive, Inc.70614WAD2 | NOTE 5.500%12/0 | – | $15.9M | 2.1% | – | New | – |
| Semtech Corp816850AF8 | NOTE 1.625%11/0 | – | $15.9M | 2.1% | – | – | – |
| Five9, Inc.338307AF8 | NOTE 1.000% 3/1 | – | $14.8M | 1.9% | – | – | – |
| Fluor Corp343412AJ1 | NOTE 1.125% 8/1 | – | $14.8M | 1.9% | – | – | – |
| Akamai Technologies Inc00971TAN1 | NOTE 1.125% 2/1 | – | $14.4M | 1.9% | – | – | – |
| PRCH 6.750 10/01/28733245AC8 | COM | – | $12.9M | 1.7% | – | – | – |
| Pacira BioSciences, Inc.695127AJ9 | NOTE 2.125% 5/1 | – | $11.7M | 1.5% | – | – | – |
| Cerence Inc.156727AD1 | NOTE 1.500% 7/0 | – | $11.3M | 1.5% | – | – | – |
| VRMVroom, Inc. | COM NEW | 414,949 | $11.2M | 1.5% | −8,183−1.9% | Reduced | History |
| Bandwidth Inc.05988JAD5 | NOTE 0.500% 4/0 | – | $10.6M | 1.4% | – | – | – |
| Evolent Health, Inc.30050BAJ0 | DEBT 4.500% 8/1 | – | $10.2M | 1.3% | – | New | – |
| Evolent Health, Inc.30050BAH4 | NOTE 3.500%12/0 | – | $10.1M | 1.3% | – | New | – |
| Veritone, Inc.92347MAB6 | NOTE 1.750%11/1 | – | $10.0M | 1.3% | – | – | – |
| BridgeBio Pharma, Inc.10806XAD4 | NOTE 2.250% 2/0 | – | $9.35M | 1.2% | – | – | – |
| Amphastar Pharmaceuticals IN03209RAB9 | NOTE 2.000% 3/1 | – | $9.11M | 1.2% | – | – | – |
| Lumentum Hldgs Inc55024UAF6 | NOTE 0.500% 6/1 | – | $9.08M | 1.2% | – | New | – |
| 8X8 Inc282914AE0 | NOTE 4.000% 2/0 | – | $8.42M | 1.1% | – | – | – |
| WOLFWolfspeed, Inc. | COMMON STOCK | 286,407 | $8.19M | 1.1% | +286,407 | New | History |
| Luminar Technologies, Inc.550424AE5 | DEBT 11.500% 1/1 | – | $8.09M | 1.0% | – | – | – |
| Haemonetics Corp Mass405024AD2 | NOTE 2.500% 6/0 | – | $7.81M | 1.0% | – | New | – |
| HLITHarmonic Inc. | COM | 674,600 | $6.87M | 0.9% | −35,400−5.0% | Reduced | History |
| Beyond Meat, Inc.08862EAB5 | NOTE 3/1 | – | $5.84M | 0.8% | – | – | – |
| Oatly Group AB67421JAC2 | NOTE 9.250% 9/1 | – | $4.65M | 0.6% | – | New | – |
| Bentley Sys Inc08265TAD1 | NOTE 0.375% 7/0 | – | $4.24M | 0.5% | – | – | – |
| PCG.PXPG&E Corp | PFD CONV SER A | – | $4.13M | 0.5% | – | – | History |
| Inotiv, Inc.45783QAB6 | NOTE 3.250%10/1 | – | $4.05M | 0.5% | – | – | – |
| Qimonda AG74732WAA7 | NOTE 6.750 03/22/13 | – | $3.35M | 0.4% | – | – | – |
| Luminar Technologies, Inc.550424AD7 | NOTE 9.000% 1/1 | – | $3.11M | 0.4% | – | – | – |
| Patk703343AG8 | 12/01/2028 | – | $2.28M | 0.3% | – | – | – |
| ARAYAccuray Inc | COM | 1,066,054 | $1.78M | 0.2% | −100,000−8.6% | Reduced | History |
| STNGScorpio Tankers Inc. | SHS | 30,000 | $1.68M | 0.2% | 00.0% | Unchanged | History |
| AVDLAvadel Pharmaceuticals PLC | Stock | 110,000 | $1.68M | 0.2% | −20,000−15.4% | Reduced | History |
| NEONeogenomics Inc | COM NEW | 201,313 | $1.55M | 0.2% | +201,313 | New | History |
| GOSSGossamer Bio, Inc. | COM | 500,000 | $1.31M | 0.2% | +150,000+42.9% | Added | History |
| MXMagnachip Semiconductor Corp | COM | 220,000 | $688.6K | 0.1% | 00.0% | Unchanged | History |
| KPTIKaryopharm Therapeutics Inc. | COM NEW | 40,000 | $261.6K | <0.1% | −30,000−42.9% | Reduced | History |
| AISPWAirship AI Holdings, Inc. | *W EXP 12/21/202 | 12,500 | $21.0K | <0.1% | 00.0% | Unchanged | History |
Options (6)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| iShares Tr464288513 | IBOXX HI YD ETF | $129.9M | $81.2M |
| LCIDLucid Group, Inc. | Stock | $26.0M | – |
| iShares Russell 2000 ETF464287655 | ETF | – | $24.2M |
| ASTSAST SpaceMobile, Inc. | COM CL A | $6.52M | – |
| INDIindie Semiconductor, Inc. | CLASS A COM | $3.67M | – |
| HTZHertz Global Holdings, Inc | COM NEW | – | $680.0K |
Sold out since Q2 2025 (16)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| Lumentum Hldgs Inc55024UAH2 | NOTE 1.500%12/1 | – | $34.5M | 5.3% | – |
| Wayfair Inc.94419LAR2 | NOTE 3.500%11/1 | – | $21.3M | 3.3% | – |
| Liveperson Inc538146AD3 | NOTE 12/1 | – | $14.0M | 2.2% | – |
| Peloton Interactive, Inc.70614WAC4 | NOTE 5.5% 12/1 | – | $13.1M | 2.0% | – |
| Wolfspeed, Inc.977852AD4 | NOTE 1.875%12/0 | – | $10.5M | 1.6% | – |
| Eventbrite, Inc.29975EAD1 | NOTE 0.750% 9/1 | – | $10.3M | 1.6% | – |
| Par Technology Corp698884AE3 | NOTE 1.500%10/1 | – | $8.66M | 1.3% | – |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | – | $7.56M | 1.2% | – |
| PagerDuty, Inc.69553PAD2 | NOTE 1.500%10/1 | – | $7.34M | 1.1% | – |
| 3D Sys Corp Del88554DAD8 | NOTE 11/1 | – | $3.53M | 0.5% | – |
| RDNWRideNow Group, Inc. | COM CL B | 258,190 | $596.4K | 0.1% | History |
| Tpi Composites, Inc87266JAB0 | NOTE 5.250% 3/1 | – | $524.9K | 0.1% | – |
| Alarm Com Hldgs Inc011642AD7 | NOTE 2.250% 6/0 | – | $510.7K | 0.1% | – |
| Groupon, Inc.399473AH0 | NOTE 6.250% 3/1 | – | $510.5K | 0.1% | – |
| VERIVeritone, Inc. | COM | 100,000 | $126.0K | <0.1% | History |
| Zapp Elec Vehs Group LtdG9889X115 | *W EXP 04/28/202 | 7,961 | $18 | <0.1% | – |