SILVERBACK ASSET MANAGEMENT LLC
Follow13F filer, CIK 1278960, DURHAM, NC
SILVERBACK ASSET MANAGEMENT LLC reported $743,587,875 across 81 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 33.94% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001398344-24-020823
- Period
- 2024-09-30
- Reported value
- $744M
- Holdings
- 81
- Top 10 weight
- 33.94%
- New
- 16
- Sold out
- 17
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NEadded | +3,213,229 | $2.91M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SPYexited | -100,000 | -$54.4M |
| HLITreduced | -162,489 | -$2.37M |
| AVADEL PHARMACEUTICALSexited | -100,000 | -$1.41M |
| VALreduced | -5,000 | -$279K |
| NOTVexited | -70,700 | -$117K |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2024
Share positions as resolved from 13F-HR 0001398344-24-020823, largest first. % of portfolio is the value over $713,562,497, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| HLITHARMONIC INC | 712,023 | $10.4M | 1.45% | -162,489 | Timeline | ||
| NENOBLE CORP PLC | 3,280,129 | $2.97M | 0.42% | +3,213,229 | Timeline | ||
| RDNWRIDENOW GROUP INC | 593,994 | $2.85M | 0.4% | 0 | Timeline | ||
| REALTHE REALREAL INC | 729,941 | $2.29M | 0.32% | 0 | Timeline | ||
| VALVALARIS LTD | 22,500 | $1.25M | 0.18% | -5,000 | Timeline | ||
| VERIVERITONE INC | 324,722 | $1.17M | 0.16% | 0 | Timeline | ||
| MXMAGNACHIP SEMICONDUCTOR CORP | 220,000 | $1.03M | 0.14% | 0 | Timeline | ||
| AKTSQAkoustis Technologies Inc | 2,537,400 | $227K | 0.03% | 0 | Timeline | ||
| ESPRESPERION THERAPEUTICS INC NE | 0 | $168K | 0.02% | new | Amount filed as zero, left out of ratios. | Timeline | |
| VROOM INCVROOM INC | 3,123 | $29.3K | <0.01% | 0 | |||
| AISPAIRSHIP AI HLDGS INC | 12,500 | $28.8K | <0.01% | 0 | Timeline | ||
| ZAPPFZAPP ELEC VEHS GROUP LTD ORD S | 7,961 | $24.5K | <0.01% | 0 | Timeline | ||
| LABSTANDARD BIOTOOLS INC | 1,300 | $2.51K | <0.01% | -29,958 | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 50,000 | $28.7M | new |
| AVADEL PHARMACEUTICALSAVADEL PHARMACEUTICALS COM SHS | call | 100,000 | $1.31M | new |
| DANIMER SCIENTIFIC INCDANIMER SCIENTIFIC INC COM CL A | put | 57,000 | $25.9K | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| NOVA LTDNOVA LTD BOND | principal | 18,404,000 | $51.3M | 0 |
| WAYFAIR INCWAYFAIR INC Convertible bond | principal | 22,500,000 | $33.1M | +3,233,000 |
| LCID 1 1/4 12/15/26LCID 1 1/4 12/15/26 FIXED INCOME | principal | 34,114,000 | $23M | -9,390,000 |
| INFINERA CORPINFINERA CORP BOND | principal | 17,831,000 | $20.2M | 0 |
| FUBOTV INCFUBOTV INC NOTE 3.250% 2/1 | principal | 26,500,000 | $20.2M | +2,000,000 |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION NOTE 3.375% 8/1 | principal | 23,968,000 | $19.5M | -12,500,000 |
| SEMTECH CORPSEMTECH CORP NOTE 1.625%11/0 | principal | 13,500,000 | $19.1M | -4,400,000 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 12,025,000 | $19M | +6,025,000 |
| INFINERA CORPINFINERA CORP BOND | principal | 17,500,000 | $18.7M | -13,094,000 |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I NOTE 0.250% 3/1 | principal | 12,757,000 | $18.1M | -1,500,000 |
| PORCH GROUP INCPORCH GROUP INC NOTE/6 750% 10/1 | principal | 30,400,000 | $17.8M | +2,000,000 |
| VISHAY INTERTECHNOLOGY INCVISHAY INTERTECHNOLOGY INC NOTE 2.250% 9/1 | principal | 19,250,000 | $17.7M | new |
| IONIS PHARMACEUTICALS INCIONIS PHARMACEUTICALS INC NOTE 4/0 | principal | 17,000,000 | $17M | new |
| LIVEPERSON INCLIVEPERSON INC NOTE 12/1 | principal | 34,443,000 | $15.5M | +700,000 |
| VROOM INCVROOM INC Convertible Debt | principal | 27,312,000 | $14.8M | -5,000,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 10,130,000 | $14.6M | new |
| DATADOG INCDATADOG INC NOTE 0.125% 6/1 | principal | 11,000,000 | $14.3M | -1,500,000 |
| ACCURAY INC DELACCURAY INC DEL NOTE 3.750% 6/0 | principal | 15,096,000 | $13.9M | +2,000,000 |
| Viavi Solutions IncViavi Solutions Inc Convertible bond | principal | 13,494,000 | $13.5M | -1,132,000 |
| 8X8 INC NEW8X8 INC NEW NOTE 4.000% 2/0 | principal | 17,970,000 | $13.2M | -1,500,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 14,000,000 | $12.9M | +2,500,000 |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 1.500%12/1 | principal | 11,119,000 | $12.9M | new |
| LUMINAR TECHNOLOGIES INCLUMINAR TECHNOLOGIES INC DEBT 11.500% 1/1 | principal | 18,190,000 | $12.1M | new |
| EVENTBRITE INCEVENTBRITE INC NOTE 0.750% 9/1 | principal | 13,473,000 | $11.7M | +5,823,000 |
| GROUPON INCGROUPON INC NOTE 1.125% 3/1 | principal | 13,084,000 | $11.5M | -2,466,000 |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC CNV | principal | 13,225,000 | $11.4M | -1,775,000 |
| PAR TECHNOLOGY CORPPAR TECHNOLOGY CORP NOTE 2.875% 4/1 | principal | 8,000,000 | $10.8M | -5,000,000 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 10,000,000 | $10.6M | new |
| TELADOC HEALTH INCTELADOC HEALTH INC NOTE 1.250% 6/0 | principal | 11,459,000 | $9.9M | +5,687,000 |
| CHEGG INCCHEGG INC NOTE 9/0 | principal | 12,691,000 | $9.66M | 0 |
| DIGITALOCEAN HLDGS INCDIGITALOCEAN HLDGS INC CNV | principal | 10,676,000 | $9.47M | -2,324,000 |
| Indie Semiconductor IncIndie Semiconductor Inc NOTE 4.500 11/15/27 | principal | 10,160,000 | $9.01M | new |
| CRACKER BARREL OLD CTRY STORCRACKER BARREL OLD CTRY STOR cv | principal | 9,498,000 | $8.7M | 0 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 10,238,000 | $8.21M | +1,800,000 |
| The Beauty Health Co.The Beauty Health Co. CONV | principal | 9,353,000 | $7.79M | 0 |
| NEOGENOMICS INCNEOGENOMICS INC NOTE 0.250% 1/1 | principal | 9,200,000 | $7.64M | -1,500,000 |
| BANDWIDTH INCBANDWIDTH INC NOTE 0.500% 4/0 | principal | 9,615,000 | $7.48M | +3,000,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 5/0 | principal | 5,000,000 | $7.33M | new |
| NUTANIX INCNUTANIX INC Convertible | principal | 6,045,000 | $7.23M | -1,191,000 |
| STANDARD BIOTOOLS INCSTANDARD BIOTOOLS INC NOTE 5.250%12/0 | principal | 7,000,000 | $6.93M | +2,000,000 |
| 3D SYS CORP DEL3D SYS CORP DEL NOTE 11/1 | principal | 8,000,000 | $6.7M | 0 |
| QIMONDA AGQIMONDA AG NOTE 6.750% 3/2 | principal | 12,400,000 | $6.31M | new |
| ENVISTA HOLDINGS CORPORATIONENVISTA HOLDINGS CORPORATION BOND | principal | 5,500,000 | $6.01M | +1,500,000 |
| VERITONE INCVERITONE INC NOTE 1.750%11/1 | principal | 17,244,000 | $5.99M | +1,300,000 |
| BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC Convertible | principal | 7,000,000 | $5.85M | -3,000,000 |
| BEYOND MEAT INCBEYOND MEAT INC NOTE 3/1 | principal | 33,716,000 | $5.73M | -250,000 |
| LUMINAR TECHNOLOGIES INCLUMINAR TECHNOLOGIES INC DEBT 9.000% 1/1 | principal | 6,749,000 | $5.7M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 | principal | 5,000,000 | $5.57M | -7,500,000 |
| STEM IncSTEM Inc NOTE 4.250 04/01/30 | principal | 18,100,000 | $5.42M | +2,500,000 |
| CABLE ONE INCCABLE ONE INC NOTE 3/1 | principal | 5,830,000 | $5.36M | -7,500,000 |
| ITRON INCITRON INC NOTE 3/1 | principal | 5,000,000 | $5.24M | -2,500,000 |
| COHERUS ONCOLOGY INCCOHERUS ONCOLOGY INC BOND | principal | 5,750,000 | $4.52M | new |
| TPI COMPOSITES INCTPI COMPOSITES INC FIXED | principal | 8,225,000 | $4.52M | +1,000,000 |
| Danimer Scientific CorpDanimer Scientific Corp NOTE 3.250 12/15/26 | principal | 36,870,000 | $4.24M | 0 |
| CUTERA INCCUTERA INC NOTE 2.250% 6/0 | principal | 24,816,000 | $3.93M | 0 |
| BURLINGTON STORES INCBURLINGTON STORES INC NOTE 2.250% 4/1 | principal | 3,000,000 | $3.76M | 0 |
| INOTIV INCINOTIV INC Convertible Bond | principal | 12,667,000 | $3.24M | -1,333,000 |
| PRCH 3/4 09/15/26PRCH 3/4 09/15/26 FIXED INCOME | principal | 6,000,000 | $2.85M | -1,629,000 |
| WAYFAIR INCWAYFAIR INC NOTE 1.000% 8/1 | principal | 2,500,000 | $2.33M | 0 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 2,500,000 | $2.23M | 0 |
| COMMERCE.COM INCCOMMERCE.COM INC NOTE 0.250%10/0 | principal | 2,375,000 | $2.1M | -4,992,000 |
| SOUTHWEST AIRLS COSOUTHWEST AIRLS CO NOTE 1.250% 5/0 | principal | 2,000,000 | $2.02M | -3,000,000 |
| Repay Holdings CorpRepay Holdings Corp NOTE 0% 02/01/26 | principal | 1,885,000 | $1.73M | 0 |
| BIORA THERAPEUTICS INCBIORA THERAPEUTICS INC NOTE 7.250%12/0 | principal | 2,600,000 | $1.5M | 0 |
| TYLER TEX INDPT SCH DISTTYLER TEX INDPT SCH DIST NOTE 0.250% 3/1 | principal | 581,000 | $716K | new |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 100,000 | $54.4M | shares |
| STRIDE INCSTRIDE INC | 17,500,000 | $25.1M | principal |
| DEXCOM INCDEXCOM INC | 15,423,000 | $15.5M | principal |
| AXON ENTERPRISE INCAXON ENTERPRISE INC | 10,000,000 | $13.8M | principal |
| LUMINAR TECHNOLOGIES INCLUMINAR TECHNOLOGIES INC | 34,600,000 | $13.7M | principal |
| REVANCE THERAPEUTICS INCREVANCE THERAPEUTICS INC | 18,000,000 | $11.8M | principal |
| IMPINJ INCIMPINJ INC | 6,500,000 | $10.1M | principal |
| PROS HOLDINGS INCPROS HOLDINGS INC | 10,200,000 | $10M | principal |
| MONGODB INCMONGODB INC | 7,557,000 | $9.94M | principal |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC | 8,233,000 | $7.44M | principal |
| Shopify IncShopify Inc | 7,000,000 | $6.55M | principal |
| BLOOM ENERGY CORPBLOOM ENERGY CORP | 4,500,000 | $4.3M | principal |
| ACCOLADE INCACCOLADE INC | 2,213,000 | $1.93M | principal |
| AVADEL PHARMACEUTICALSAVADEL PHARMACEUTICALS | 100,000 | $1.41M | shares |
| POST HLDGS INCPOST HLDGS INC | 1,000,000 | $1.1M | principal |
| NOTVINOTIV INC | 70,700 | $117K | shares |
| DANIMER SCIENTIFIC INCDANIMER SCIENTIFIC INC | 57,000 | $34.2K | shares |
How Q3 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001398344-24-020823 | base | 2024-11-14 | acceptance time not in the bulk data set |