Q1 2026 · 13F-HR
SILVERBACK ASSET MANAGEMENT LLCholdings as filed
Filed 2026-05-14 · accession 0001398344-26-009154
$684.2M
Reported value
58
Positions
2026-03-31
Period end
The Brief · SILVERBACK ASSET MANAGEMENT LLC · Q1 2026
AI · grounded in 13F
SILVERBACK ASSET MANAGEMENT LLC established a new position in SPY valued at $97.6M. The fund also added new positions in IWM for $63.2M and INDIE SEMICONDUCTOR INC for $34.9M. On the sell side, the fund closed its position in SEAGATE HDD CAYMAN, reducing exposure by $51.9M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $97.6M | 14.3% | 150,000 | PUT | SOLE |
| 464287655 | IWM | ISHARES TR | $38.4M | 5.62% | 155,000 | PUT | SOLE |
| 45569UAC5 | INDI | INDIE SEMICONDUCTOR INC | $34.9M | 5.10% | 36,515,000 | Common | SOLE |
| 682189AS4 | ON 0 05/01/27 | ON SEMICONDUCTOR CORP | $29.1M | 4.25% | 22,571,000 | Common | SOLE |
| 928298AR9 | VSH 2.25 09/15/30 | VISHAY INTERTECHNOLOGY INC | $27.8M | 4.06% | 28,833,000 | Common | SOLE |
| 90353TAM2 | UBER 0.875 12/01/28 2028 | UBER TECHNOLOGIES INC | $27.8M | 4.06% | 23,000,000 | Common | SOLE |
| 816850AF8 | SMTC 1.625 11/01/27 | SEMTECH CORP | $26.7M | 3.90% | 12,608,000 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $24.8M | 3.62% | 100,000 | CALL | SOLE |
| 10806XAD4 | BBIO 2.25 02/01/29 | BRIDGEBIO PHARMA INC | $24.8M | 3.62% | 22,032,000 | Common | SOLE |
| 44932FAA5 | MTCH | IAC FinanceCo 2, Inc. | $24.4M | 3.57% | 24,603,000 | Common | SOLE |
| 67059NAH1 | NTNX 0.25 10/01/27 | NUTANIX INC | $22.5M | 3.29% | 22,000,000 | Common | SOLE |
| 68389X204 | ORCL 6.5 01/15/29 D | ORACLE CORP | $22.1M | 3.22% | 490,000 | Common | SOLE |
| 87157DAJ8 | SYNA 0.75 12/01/31 | SYNAPTICS INC | $21.1M | 3.09% | 20,423,000 | Common | SOLE |
| 733245AD6 | PRCH 9 05/15/30 | PORCH GROUP INC | $19.6M | 2.87% | 18,500,000 | Common | SOLE |
| 922280AD4 | VRNS 1 09/15/29 | VARONIS SYS INC | $17.9M | 2.61% | 20,455,000 | Common | SOLE |
| 733245AC8 | PRCH | Porch Group Inc | $17.3M | 2.52% | 17,213,000 | Common | SOLE |
| 26210CAD6 | DBX 0 03/01/28 | DROPBOX INC | $16.9M | 2.47% | 17,800,000 | Common | SOLE |
| 02043QAC1 | ALNY | Alnylam Pharmaceuticals Inc | $14.1M | 2.07% | 15,161,000 | Common | SOLE |
| 405024AD2 | HAE 2.5 06/01/29 | HAEMONETICS CORP MASS | $13.6M | 1.99% | 14,283,000 | Common | SOLE |
| 92538JAB2 | VERX 0.75 05/01/29 | VERTEX INC | $13.1M | 1.91% | 15,000,000 | Common | SOLE |
| 40171VAC4 | GWRE 1.25 11/01/29 | GUIDEWIRE SOFTWARE INC | $12.5M | 1.82% | 12,500,000 | Common | SOLE |
| 977852AP7 | WOLF 2.5 06/15/31 | WOLFSPEED INC | $12.2M | 1.79% | 8,531,000 | Common | SOLE |
| 19459JAC8 | COLL 2.875 02/15/29 | COLLEGIUM PHARMACEUTICAL INC | $12.0M | 1.75% | 10,300,000 | Common | SOLE |
| 40637HAD1 | HALO 0.25 03/01/27 | HALOZYME THERAPEUTICS INC | $11.6M | 1.70% | 11,134,000 | Common | SOLE |
| 68213NAF6 | OMCL 1 12/01/29 | OMNICELL COM | $9.4M | 1.37% | 9,600,000 | Common | SOLE |
| 30050BAJ0 | EVH 4.5 08/15/31 | EVOLENT HEALTH INC | $8.5M | 1.25% | 16,649,000 | Common | SOLE |
| 92918V307 | VRM | VROOM INC | $5.8M | 0.85% | 437,936 | Common | SOLE |
| 413160102 | HLIT | HARMONIC INC | $5.8M | 0.85% | 648,566 | Common | SOLE |
| 24477V105 | DFTX | DEFINIUM THERAPEUTICS INC | $5.6M | 0.81% | 294,400 | CALL | SOLE |
| 78464A789 | KIE | SPDR SERIES TRUST | $5.5M | 0.80% | 100,000 | PUT | SOLE |
| 78464A789 | KIE | SPDR SERIES TRUST | $5.5M | 0.80% | 100,000 | CALL | SOLE |
| 30050BAH4 | EVH 3.5 12/01/29 | EVOLENT HEALTH INC | $5.3M | 0.78% | 10,000,000 | Common | SOLE |
| 03209RAB9 | AMPH 2 03/15/29 | AMPHASTAR PHARMACEUTICALS IN | $4.6M | 0.67% | 5,080,000 | Common | SOLE |
| 549498202 | LCID | LUCID GROUP INC | $4.5M | 0.65% | 470,000 | PUT | SOLE |
| 45783QAB6 | NOTV 3.25 10/15/27 | INOTIV INC | $4.1M | 0.59% | 17,092,000 | Common | SOLE |
| 83205YAE4 | PENG 2 08/15/30 | PENGUIN SOLUTIONS INC | $4.0M | 0.59% | 3,985,000 | Common | SOLE |
| 925550105 | VIAV | VIAVI SOLUTIONS INC | $3.3M | 0.49% | 100,000 | CALL | SOLE |
| 74732WAA7 | QI | Qimonda AG | $3.2M | 0.47% | 12,400,000 | Common | SOLE |
| 00971TAL5 | AKAM 0.375 09/01/27 | AKAMAI TECHNOLOGIES INC | $2.9M | 0.42% | 2,500,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $2.4M | 0.35% | 160,900 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $2.3M | 0.33% | 112,100 | PUT | SOLE |
| 008073108 | AVAV | AEROVIRONMENT INC | $2.2M | 0.32% | 12,100 | Common | SOLE |
| 00217D100 | ASTS | AST SPACEMOBILE INC | $2.0M | 0.29% | 24,200 | Common | SOLE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $2.0M | 0.29% | 150,000 | CALL | SOLE |
| 70614WAD2 | PTON 5.5 12/01/29 | PELOTON INTERACTIVE INC | $1.8M | 0.27% | 1,368,000 | Common | SOLE |
| 88023B103 | TEM | TEMPUS AI INC | $1.6M | 0.24% | 35,700 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $1.4M | 0.20% | 96,600 | Common | SOLE |
| 30233G209 | EYPT | EYEPOINT INC | $1.3M | 0.19% | 100,000 | CALL | SOLE |
| 538146309 | LPSN | LIVEPERSON INC | $1.2M | 0.18% | 485,001 | Common | SOLE |
| 64049M209 | NEO | NEOGENOMICS INC | $1.2M | 0.18% | 165,101 | Common | SOLE |
| Y7542C130 | STNG | SCORPIO TANKERS INC | $746,600 | 0.11% | 10,000 | Common | SOLE |
| 30233G209 | EYPT | EYEPOINT INC | $644,500 | 0.09% | 50,000 | Common | SOLE |
| 004397105 | ARAY | ACCURAY INC DEL | $640,365 | 0.09% | 1,650,000 | Common | SOLE |
| 55933J203 | MX | MAGNACHIP SEMICONDUCTOR CORP | $616,000 | 0.09% | 220,000 | Common | SOLE |
| 48576U205 | KPTI | KARYOPHARM THERAPEUTICS INC | $557,000 | 0.08% | 100,000 | CALL | SOLE |
| 48576U205 | KPTI | KARYOPHARM THERAPEUTICS INC | $362,050 | 0.05% | 65,000 | Common | SOLE |
| 45569U101 | INDI | INDIE SEMICONDUCTOR INC | $322,000 | 0.05% | 100,000 | PUT | SOLE |
| 38341P102 | GOSS | GOSSAMER BIO INC | $164,250 | 0.02% | 500,000 | CALL | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.