SILVERBACK ASSET MANAGEMENT LLC Q3 2025 Filing
Filed November 13, 2025
Portfolio Value
$1.0T
Holdings
62
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (62 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | HYGISHARES TR | 2,600,000 | $211.1B | 20.22% | Put |
| 2 | STX 3.5 06/01/28SEAGATE HDD CAYMAN | 15,438,000 | $44.5B | 4.26% | |
| 3 | ASTS 4.25 03/01/32Ast Spacemobile Inc | 20,755,000 | $43.6B | 4.17% | |
| 4 | WDC 3 11/15/28WESTERN DIGITAL CORP | 10,695,000 | $34.3B | 3.29% | |
| 5 | TYL 0.25 03/15/26TYLER TEX INDPT SCH DIST | 29,147,000 | $32.0B | 3.07% | |
| 6 | PRCH 9 05/15/30PORCH GROUP INC | 19,500,000 | $29.2B | 2.80% | |
| 7 | MTCH 0.875 06/15/26IAC FinanceCo 2, Inc. | 29,192,000 | $28.4B | 2.72% | |
| 8 | JBTM 0.25 05/15/26JBT MAREL CORPORATION | 27,300,000 | $27.6B | 2.64% | |
| 9 | F 0 03/15/26FORD MTR CO | 26,750,000 | $27.1B | 2.60% | |
| 10 | COIN 0.5 06/01/26COINBASE GLOBAL INC | 23,727,000 | $26.4B | 2.53% | |
| 11 | LCIDLUCID GROUP INC | 1,094,700 | $26.0B | 2.49% | Put |
| 12 | EVRG 4.5 12/15/27EVERGY INC | 20,096,000 | $25.2B | 2.42% | |
| 13 | UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC | 16,500,000 | $24.3B | 2.33% | |
| 14 | IWMISHARES TR | 100,000 | $24.2B | 2.32% | Call |
| 15 | LYV 3.125 01/15/29LIVE NATION ENTERTAINMENT IN | 13,632,000 | $22.1B | 2.12% | |
| 16 | VSH 2.25 09/15/30VISHAY INTERTECHNOLOGY INC | 22,720,000 | $20.7B | 1.98% | |
| 17 | NTNX 0.25 10/01/27NUTANIX INC | 15,000,000 | $20.7B | 1.98% | |
| 18 | SATS 3.875 11/30/30ECHOSTAR CORP | 8,038,496 | $19.8B | 1.90% | |
| 19 | VIAV 1.625 03/15/26VIAVI SOLUTIONS INC | 18,533,000 | $19.6B | 1.88% | |
| 20 | ON 0 05/01/27ON SEMICONDUCTOR CORP | 16,571,000 | $18.9B | 1.81% | |
| 21 | PENG 2 08/15/30PENGUIN SOLUTIONS INC | 15,635,000 | $18.7B | 1.79% | |
| 22 | COLL 2.875 02/15/29COLLEGIUM PHARMACEUTICAL INC | 14,800,000 | $17.5B | 1.68% | |
| 23 | PTON 5.5 12/01/29PELOTON INTERACTIVE INC | 7,120,000 | $15.9B | 1.52% | |
| 24 | SMTC 1.625 11/01/27SEMTECH CORP | 8,000,000 | $15.9B | 1.52% | |
| 25 | FIVN 1 03/15/29FIVE9 INC | 16,780,000 | $14.8B | 1.42% | |
| 26 | FLR 1.125 08/15/29FLUOR CORP | 12,444,000 | $14.8B | 1.41% | |
| 27 | AKAM 1.125 02/15/29AKAMAI TECHNOLOGIES INC | 15,282,000 | $14.4B | 1.38% | |
| 28 | PRCH 6.75 10/01/28Porch Group Inc | 12,523,000 | $12.9B | 1.24% | |
| 29 | PCRX 2.125 05/15/29PACIRA BIOSCIENCES INC | 11,525,000 | $11.7B | 1.12% | |
| 30 | CRNC 1.5 07/01/28CERENCE INC | 13,650,000 | $11.3B | 1.08% | |
| 31 | VRMVROOM INC | 414,949 | $11.2B | 1.07% | |
| 32 | BAND 0.5 04/01/28BANDWIDTH INC | 12,500,000 | $10.6B | 1.01% | |
| 33 | EVH 4.5 08/15/31EVOLENT HEALTH INC | 10,149,000 | $10.2B | 0.97% | |
| 34 | EVH 3.5 12/01/29EVOLENT HEALTH INC | 12,500,000 | $10.1B | 0.96% | |
| 35 | VERI 1.75 11/15/26VERITONE INC | 13,244,000 | $10.0B | 0.96% | |
| 36 | BBIO 2.25 02/01/29BRIDGEBIO PHARMA INC | 9,450,000 | $9.3B | 0.90% | |
| 37 | AMPH 2 03/15/29AMPHASTAR PHARMACEUTICALS IN | 10,008,000 | $9.1B | 0.87% | |
| 38 | LITE 0.5 06/15/28LUMENTUM HLDGS INC | 6,502,000 | $9.1B | 0.87% | |
| 39 | EGHT 4 02/01/288X8 INC NEW | 9,720,000 | $8.4B | 0.81% | |
| 40 | WOLFWOLFSPEED INC | 286,407 | $8.2B | 0.78% | |
| 41 | LAZR 11.5 01/15/30LUMINAR TECHNOLOGIES INC | 21,690,000 | $8.1B | 0.78% | |
| 42 | HAE 2.5 06/01/29HAEMONETICS CORP MASS | 8,440,000 | $7.8B | 0.75% | |
| 43 | HLITHARMONIC INC | 674,600 | $6.9B | 0.66% | |
| 44 | ASTSAST SPACEMOBILE INC | 132,800 | $6.5B | 0.62% | Put |
| 45 | BYND 0 03/15/27BEYOND MEAT INC | 29,266,000 | $5.8B | 0.56% | |
| 46 | OTLY 9.25 09/14/28OATLY GROUP AB | 5,052,969 | $4.6B | 0.45% | |
| 47 | BSY 0.375 07/01/27BENTLEY SYS INC | 4,500,000 | $4.2B | 0.41% | |
| 48 | PCG 6 12/01/27 APG&E CORP | 105,000 | $4.1B | 0.40% | |
| 49 | NOTV 3.25 10/15/27INOTIV INC | 17,092,000 | $4.0B | 0.39% | |
| 50 | INDIINDIE SEMICONDUCTOR INC | 901,300 | $3.7B | 0.35% | Put |
| 51 | QI 6.75 03/22/13 ADSQimonda AG | 12,400,000 | $3.3B | 0.32% | |
| 52 | LAZR 9 01/15/30LUMINAR TECHNOLOGIES INC | 9,249,000 | $3.1B | 0.30% | |
| 53 | PATK 1.75 12/01/28PATRICK INDS INC | 1,400,000 | $2.3B | 0.22% | |
| 54 | XEJACCURAY INC | 1,066,054 | $1.8B | 0.17% | |
| 55 | STNGSCORPIO TANKERS INC | 30,000 | $1.7B | 0.16% | |
| 56 | AVDLAVADEL PHARMACEUTICALS PLC | 110,000 | $1.7B | 0.16% | |
| 57 | NEONEOGENOMICS INC | 201,313 | $1.6B | 0.15% | |
| 58 | GOSSGOSSAMER BIO INC | 500,000 | $1.3B | 0.13% | |
| 59 | MXMAGNACHIP SEMICONDUCTOR CORP | 220,000 | $688.6M | 0.07% | |
| 60 | HTZHERTZ GLOBAL HLDGS INC | 100,000 | $680.0M | 0.07% | Call |
| 61 | KPTIKARYOPHARM THERAPEUTICS INC | 40,000 | $261.6M | 0.03% | |
| 62 | AISPWAIRSHIP AI HLDGS INC | 12,500 | $21.0M | 0.00% |