SILVERBACK ASSET MANAGEMENT LLC Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$724.2B

Holdings

60

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (60 positions)

#StockSharesValue% PortfolioType
1
HYGISHARES TR
1,000,000$78.9B10.89%Put
2
TYL 0.25 03/15/26TYLER TEX INDPT SCH DIST
23,994,000$29.3B4.05%
3
SPYSPDR S&P 500 ETF TR
50,000$28.0B3.86%Put
4
VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC
29,807,000$26.4B3.65%
5
JBTM 0.25 05/15/26JBT MAREL CORPORATION
26,300,000$26.4B3.64%
6
STX 3.5 06/01/28SEAGATE HDD CAYMAN
21,500,000$25.9B3.58%
7
LUV 1.25 05/01/25SOUTHWEST AIRLS CO
25,498,000$25.5B3.52%
8
PRCH 6.75 10/01/28Porch Group Inc
26,275,000$23.3B3.22%
9
SATS 3.875 11/30/30ECHOSTAR CORP
20,561,502$23.0B3.18%
10
VIAV 1.625 03/15/26VIAVI SOLUTIONS INC
21,332,000$22.9B3.17%
11
COIN 0.5 06/01/26COINBASE GLOBAL INC
21,427,000$21.0B2.90%
12
LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN
14,482,000$20.1B2.78%
13
AKAM 0.375 09/01/27AKAMAI TECHNOLOGIES INC
19,800,000$19.3B2.67%
1417,500,000$18.6B2.58%
1517,084,000$17.9B2.47%
16
BSY 0.375 07/01/27BENTLEY SYS INC
17,500,000$15.9B2.20%
17
WDC 3 11/15/28WESTERN DIGITAL CORP
12,392,000$15.9B2.20%
1811,500,000$14.2B1.96%
19
LPSN 0 12/15/26LIVEPERSON INC
39,443,000$14.1B1.95%
20
ARAY 3.75 06/01/26ACCURAY INC DEL
15,096,000$13.9B1.91%
21
COLL 2.875 02/15/29COLLEGIUM PHARMACEUTICAL INC
12,800,000$13.8B1.91%
22
VRMVROOM INC
424,873$12.5B1.73%
2314,000,000$12.5B1.73%
24
PD 1.5 10/15/28 *PAGERDUTY INC
12,000,000$11.9B1.65%
25
ON 0 05/01/27ON SEMICONDUCTOR CORP
11,000,000$11.6B1.60%
26
F 0 03/15/26FORD MTR CO
11,500,000$11.3B1.56%
27
EGHT 4 02/01/288X8 INC NEW
13,220,000$11.2B1.54%
28
EB 0.75 09/15/26EVENTBRITE INC
11,473,000$10.5B1.44%
29
WOLF 1.875 12/01/29WOLFSPEED INC
42,000,000$9.5B1.31%
30
LAZR 11.5 01/15/30LUMINAR TECHNOLOGIES INC
20,190,000$9.4B1.30%
31
LITE 0.5 06/15/28LUMENTUM HLDGS INC
9,500,000$8.8B1.21%
3212,000,000$8.4B1.16%
33
BBIO 2.25 02/01/29BRIDGEBIO PHARMA INC
9,000,000$8.1B1.12%
34
PAR 1.5 10/15/27PAR TECHNOLOGY CORP
7,500,000$8.1B1.11%
35
WWAYFAIR INC
7,487,000$8.0B1.11%
36
AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN
8,423,000$7.5B1.04%
37
DDD 0 11/15/263D SYS CORP DEL
8,000,000$7.3B1.01%
38
LCID 1.25 12/15/26Lucid Group Inc
9,000,000$7.2B0.99%
39
HLITHARMONIC INC
725,000$7.0B0.96%
40
VERI 1.75 11/15/26VERITONE INC
15,744,000$6.7B0.92%
4127,100,000$6.6B0.91%
42
LITE 1.5 12/15/29LUMENTUM HLDGS INC
5,214,000$6.1B0.85%
4316,092,000$5.4B0.74%
44
INDI 4.5 11/15/27Indie Semiconductor Inc
5,810,000$4.8B0.66%
45
PCGPG&E CORP
105,000$4.7B0.65%
46
BYND 0 03/15/27BEYOND MEAT INC
34,216,000$4.1B0.57%
47
BAND 0.5 04/01/28BANDWIDTH INC
5,000,000$4.1B0.56%
48
PRCH 0.75 09/15/26Porch Group Inc
4,500,000$4.0B0.55%
49
LAZR 9 01/15/30LUMINAR TECHNOLOGIES INC
7,249,000$3.7B0.52%
5012,400,000$2.9B0.39%
51
AVDLAVADEL PHARMACEUTICALS PLC
230,000$1.8B0.25%Call
52
RDNWRUMBLEON INC
459,738$1.3B0.18%
53
TPIC 5.25 03/15/28TPI COMPOSITES INC
7,525,000$1.2B0.17%
54
MXMAGNACHIP SEMICONDUCTOR CORP
220,000$754.6M0.10%
55
GOSSGOSSAMER BIO INC
350,000$385.0M0.05%
56
VERIVERITONE INC
100,000$232.5M0.03%
57
KPTIKARYOPHARM THERAPEUTICS INC
50,000$187.0M0.03%
58
XEJACCURAY INC
69,061$123.6M0.02%
59
AISPWAIRSHIP AI HLDGS INC
12,500$14.0M0.00%
60
ZAPP ELEC VEHS GROUP LTD
7,961$70K0.00%