# SILVERBACK ASSET MANAGEMENT LLC: Form 13F holdings

An institutional investment manager in DURHAM, NC. SEC CIK 1278960.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $924.8m
- Positions: 64 (68 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1278960/000139834426014289/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| ISHARES TR | RUSSELL 2000 ETF | $82.6m | 8.9% | 275,000 | Call | Added +175,000 |
| SEMTECH CORP | NOTE 1.625%11/0 | $76.7m | 8.3% | $17,674,000 principal |  | Added +5,066,000 |
| MKS INC. | NOTE 1.250% 6/0 | $43.3m | 4.7% | $14,700,000 principal |  | New +14,700,000 |
| AVNET INC | NOTE 1.750% 9/0 | $35.1m | 3.8% | $25,000,000 principal |  | New +25,000,000 |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | $34.2m | 3.7% | $20,034,000 principal |  | New +20,034,000 |
| INDIE SEMICONDUCTOR INC | NOTE 3.500% 12/1 | $33.5m | 3.6% | $28,915,000 principal |  | Reduced −7,600,000 |
| CHEESECAKE FACTORY INC | NOTE 2.000% 3/1 | $31.8m | 3.4% | $25,000,000 principal |  | New +25,000,000 |
| CYBERARK SOFTWARE LTD | NOTE  6/1 | $30.2m | 3.3% | $18,150,000 principal |  | New +18,150,000 |
| WOLFSPEED INC | NOTE 2.500% 6/1 | $28.4m | 3.1% | $7,194,000 principal |  | Reduced −1,337,000 |
| CRACKER BARREL OLD CTRY STOR | NOTE 1.750% 9/1 | $26.5m | 2.9% | $25,879,000 principal |  | New +25,879,000 |
| PORCH GROUP INC | DEBT 9.000% 5/1 | $25.3m | 2.7% | $17,500,000 principal |  | Reduced −1,000,000 |
| UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | $24.0m | 2.6% | $20,000,000 principal |  | Reduced −3,000,000 |
| DROPBOX INC | NOTE  3/0 | $23.0m | 2.5% | $22,800,000 principal |  | Added +5,000,000 |
| NUTANIX INC | NOTE 0.250%10/0 | $22.4m | 2.4% | $19,841,000 principal |  | Reduced −2,159,000 |
| BRIDGEBIO PHARMA INC | NOTE 2.250% 2/0 | $21.7m | 2.3% | $19,532,000 principal |  | Reduced −2,500,000 |
| ALPHATEC HLDGS INC | NOTE 0.750% 3/1 | $21.0m | 2.3% | $22,028,000 principal |  | Added +7,778,000 |
| ORACLE CORP | 6.5 DEP CUM SR D | $19.3m | 2.1% | $430,000 principal |  | Reduced −60,000 |
| COLLEGIUM PHARMACEUTICAL INC | NOTE 2.875% 2/1 | $18.8m | 2.0% | $15,298,000 principal |  | Added +4,998,000 |
| SYNAPTICS INC | NOTE 0.750%12/0 | $15.9m | 1.7% | $10,684,000 principal |  | Reduced −9,739,000 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | $14.5m | 1.6% | $12,000,000 principal |  | New +12,000,000 |
| HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | $14.5m | 1.6% | $14,283,000 principal |  | Unchanged |
| GUIDEWIRE SOFTWARE INC | NOTE 1.250%11/0 | $14.0m | 1.5% | $14,546,000 principal |  | Added +2,046,000 |
| [DEFINIUM THERAPEUTICS INC (DFTX)](/companies/dftx.md) | COM SHS | $13.8m | 1.5% | 294,400 | Call | Unchanged |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | $13.5m | 1.5% | $15,000,000 principal |  | New +15,000,000 |
| VARONIS SYS INC | NOTE 1.000% 9/1 | $13.1m | 1.4% | $13,455,000 principal |  | Reduced −7,000,000 |
| HALOZYME THERAPEUTICS INC | NOTE 0.250% 3/0 | $12.4m | 1.3% | $11,134,000 principal |  | Unchanged |
| CENTURY ALUM CO | NOTE 2.750% 5/0 | $12.3m | 1.3% | $5,000,000 principal |  | New +5,000,000 |
| PORCH GROUP INC | NOTE/6 750% 10/1 | $12.2m | 1.3% | $11,713,000 principal |  | Reduced −5,500,000 |
| ZSCALER INC | NOTE% 7/1 | $11.7m | 1.3% | $12,633,000 principal |  | New +12,633,000 |
| A10 NETWORKS INC | NOTE 2.750% 4/0 | $11.5m | 1.2% | $6,750,000 principal |  | New +6,750,000 |
| VERTEX INC | NOTE 0.750% 5/0 | $11.2m | 1.2% | $12,500,000 principal |  | Reduced −2,500,000 |
| GOLAR LNG LTD | NOTE 2.750%12/1 | $11.0m | 1.2% | $9,700,000 principal |  | New +9,700,000 |
| WOLFSPEED INC | NOTE 3.500% 3/1 | $10.6m | 1.2% | $4,230,000 principal |  | New +4,230,000 |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 | $10.6m | 1.1% | $13,518,000 principal |  | Reduced −3,131,000 |
| WOLFSPEED INC | NOTE 2.500% 6/1 | $10.3m | 1.1% | $2,610,000 principal |  | New +2,610,000 |
| VISHAY INTERTECHNOLOGY INC | NOTE 2.250% 9/1 | $9.1m | 1.0% | $4,583,000 principal |  | Reduced −24,250,000 |
| [HARMONIC INC (HLIT)](/companies/hlit.md) | COM | $8.6m | 0.9% | 525,000 |  | Reduced −123,566 |
| [CYTOKINETICS INC (CYTK)](/companies/cytk.md) | COM NEW | $8.5m | 0.9% | 100,000 | Call | New +100,000 |
| WEC ENERGY GROUP INC | NOTE 3.375% 6/0 | $8.3m | 0.9% | $8,000,000 principal |  | New +8,000,000 |
| SELECT SECTOR SPDR TR | ST STR CARE ETF | $7.9m | 0.9% | 50,000 | Call | New +50,000 |
| SPDR SERIES TRUST | ST STR SP BIOT | $7.9m | 0.9% | 50,000 | Call | New +50,000 |
| AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | $7.8m | 0.8% | $6,499,000 principal |  | Added +3,999,000 |
| EVOLENT HEALTH INC | NOTE 3.500%12/0 | $7.4m | 0.8% | $10,000,000 principal |  | Unchanged |
| VIRIDIAN THERAPEUTICS INC | NOTE 1.750% 5/1 | $7.0m | 0.8% | $6,495,000 principal |  | New +6,495,000 |
| OMNICELL COM | NOTE 1.000%12/0 | $6.0m | 0.6% | $5,600,000 principal |  | Reduced −4,000,000 |
| [NUTANIX INC (NTNX)](/companies/ntnx.md) | CL A | $5.1m | 0.6% | 100,000 | Call | New +100,000 |
| [VROOM INC (VRM)](/companies/vrm.md) | COM NEW | $3.5m | 0.4% | 449,236 |  | Added +11,300 |
| [CORE SCIENTIFIC INC NEW (CORZ)](/companies/corz.md) | COM | $3.4m | 0.4% | 131,600 |  | Reduced −29,300 |
| QIMONDA AG | NOTE 6.750% 3/2 | $3.2m | 0.3% | $12,400,000 principal |  | Unchanged |
| [LUCID GROUP INC (LCID)](/companies/lcid.md) | COM NEW | $3.1m | 0.3% | 470,000 | Put | Unchanged |
| [PAR TECHNOLOGY CORP (PAR)](/companies/par.md) | COM | $2.6m | 0.3% | 150,000 | Call | Unchanged |
| [TERAWULF INC (WULF)](/companies/wulf.md) | COM | $2.4m | 0.3% | 96,600 |  | Unchanged |
| [AST SPACEMOBILE INC (ASTS)](/companies/asts.md) | COM CL A | $2.2m | 0.2% | 24,200 |  | Unchanged |
| [AEROVIRONMENT INC (AVAV)](/companies/avav.md) | COM | $2.0m | 0.2% | 12,100 |  | Unchanged |
| [TEMPUS AI INC (TEM)](/companies/tem.md) | CL A | $1.7m | 0.2% | 28,700 |  | Reduced −7,000 |
| [EYEPOINT INC (EYPT)](/companies/eypt.md) | COM NEW | $1.4m | 0.2% | 100,000 | Call | Unchanged |
| [KARYOPHARM THERAPEUTICS INC (KPTI)](/companies/kpti.md) | COM NEW | $977.0k | 0.1% | 100,000 | Call | Unchanged |
| LIVEPERSON INC | COM | $921.5k | <0.1% | 485,001 |  | Unchanged |
| [EYEPOINT INC (EYPT)](/companies/eypt.md) | COM NEW | $715.0k | <0.1% | 50,000 |  | Unchanged |
| INOTIV INC | NOTE 3.250%10/1 | $583.4k | <0.1% | $17,092,000 principal |  | Unchanged |
| [MAGNACHIP SEMICONDUCTOR CORP (MX)](/companies/mx.md) | COM | $473.0k | <0.1% | 100,000 |  | Reduced −120,000 |
| [OCUGEN INC (OCGN)](/companies/ocgn.md) | COM | $382.5k | <0.1% | 250,000 |  | New +250,000 |
| [ACCURAY INC DEL (ARAY)](/companies/aray.md) | COM | $373.8k | <0.1% | 1,450,000 |  | Reduced −200,000 |
| [KARYOPHARM THERAPEUTICS INC (KPTI)](/companies/kpti.md) | COM NEW | $293.1k | <0.1% | 30,000 |  | Reduced −35,000 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| Alnylam Pharmaceuticals Inc | Note 0 09/15 | $0 | 0.0% | $0 principal |  | Sold out −15,161,000 |
| AMPHASTAR PHARMACEUTICALS IN | NOTE 2.000% 3/1 | $0 | 0.0% | $0 principal |  | Sold out −5,080,000 |
| GOSSAMER BIO INC | COM | $0 | 0.0% | 0 | Call | Sold out −500,000 |
| IAC FinanceCo 2, Inc. | Note 0.875% 06/15 | $0 | 0.0% | $0 principal |  | Sold out −24,603,000 |
| [INDIE SEMICONDUCTOR INC (INDI)](/companies/indi.md) | CLASS A COM | $0 | 0.0% | 0 | Put | Sold out −100,000 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | $0 | 0.0% | 0 | Put | Sold out −112,100 |
| ISHARES TR | RUSSELL 2000 ETF | $0 | 0.0% | 0 | Put | Sold out −155,000 |
| [NEOGENOMICS INC (NEO)](/companies/neo.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −165,101 |
| ON SEMICONDUCTOR CORP | NOTE  5/0 | $0 | 0.0% | $0 principal |  | Sold out −22,571,000 |
| PELOTON INTERACTIVE INC | NOTE 5.500%12/0 | $0 | 0.0% | $0 principal |  | Sold out −1,368,000 |
| PENGUIN SOLUTIONS INC | NOTE 2.000% 8/1 | $0 | 0.0% | $0 principal |  | Sold out −3,985,000 |
| SCORPIO TANKERS INC | SHS | $0 | 0.0% | 0 |  | Sold out −10,000 |
| SPDR SERIES TRUST | STATE STREET SPD | $0 | 0.0% | 0 | Put | Sold out −100,000 |
| SPDR SERIES TRUST | STATE STREET SPD | $0 | 0.0% | 0 | Call | Sold out −100,000 |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $0 | 0.0% | 0 | Put | Sold out −150,000 |
| [VIAVI SOLUTIONS INC (VIAV)](/companies/viav.md) | COM | $0 | 0.0% | 0 | Call | Sold out −100,000 |

Source: SEC EDGAR, Form 13F-HR, accession 0001398344-26-014289. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.