13F HOLDINGS REPORT
SILVERBACK ASSET MANAGEMENT LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001398344-26-003233
Total Value
$683.8M
Positions
58
Other Managers
0
Confidential Omitted
No
Holdings (58)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SEAGATE HDD CAYMAN | SE | 15,438,000 | $51.9M | 7.59% |
| 2 | COINBASE GLOBAL INC | COIN | 32,977,000 | $32.9M | 4.81% |
| 3 | IAC 0.875 06/15/26 CVT | IAC | 31,603,000 | $31.0M | 4.53% |
| 4 | BRIDGEBIO PHARMA INC | BBIO | 26,950,000 | $30.4M | 4.44% |
| 5 | TYLER TEX INDPT SCH DIST | 902252AB1 | 28,206,000 | $28.6M | 4.18% |
| 6 | ON SEMICONDUCTOR CORP | ON | 23,571,000 | $28.1M | 4.11% |
| 7 | JBT MAREL CORPORATION | JBTM | 27,300,000 | $28.0M | 4.09% |
| 8 | VISHAY INTERTECHNOLOGY INC | VSH | 29,833,000 | $26.9M | 3.93% |
| 9 | COLLEGIUM PHARMACEUTICAL INC | COLL | 18,300,000 | $25.8M | 3.78% |
| 10 | UBER TECHNOLOGIES INC | UBER | 19,000,000 | $24.7M | 3.61% |
| 11 | EVERGY INC | EVRG | 20,096,000 | $24.5M | 3.58% |
| 12 | VARONIS SYS INC | VRNS | 22,955,000 | $21.3M | 3.12% |
| 13 | PORCH GROUP INC | PRCH | 17,500,000 | $19.9M | 2.90% |
| 14 | EZPW 3.750 12/15/29 CVT | EZPW | 9,500,000 | $17.7M | 2.59% |
| 15 | SEMTECH CORP | SMTC | 7,700,000 | $15.7M | 2.29% |
| 16 | PENGUIN SOLUTIONS INC | PENG | 15,135,000 | $15.5M | 2.27% |
| 17 | NUTANIX INC | NTNX | 12,500,000 | $14.1M | 2.06% |
| 18 | EXACT SCIENCES CORP | 30063PAC9 | 13,500,000 | $13.9M | 2.03% |
| 19 | PRCH 6.750 10/01/28 '26 CVT | PRCH | 13,213,000 | $13.2M | 1.93% |
| 20 | WOLFSPEED INC | WOLF | 8,465,000 | $12.6M | 1.85% |
| 21 | PACIRA BIOSCIENCES INC | PCRX | 12,275,000 | $12.4M | 1.81% |
| 22 | ADVANCED ENERGY INDS | 007973AE0 | 7,500,000 | $12.3M | 1.80% |
| 23 | AKAMAI TECHNOLOGIES INC | AKAM | 12,000,000 | $12.1M | 1.77% |
| 24 | ALNY 09/15/28 CVT | 02043QAC1 | 12,500,000 | $12.1M | 1.76% |
| 25 | OMNICELL COM | OMCL | 11,000,000 | $11.9M | 1.74% |
| 26 | PELOTON INTERACTIVE INC | PTON | 7,120,000 | $11.8M | 1.73% |
| 27 | HALOZYME THERAPEUTICS INC | HALO | 9,819,000 | $10.6M | 1.55% |
| 28 | EVOLENT HEALTH INC | EVH | 15,500,000 | $10.4M | 1.52% |
| 29 | FIVE9 INC | FIVN | 11,530,000 | $10.4M | 1.52% |
| 30 | BANDWIDTH INC | BAND | 10,500,000 | $9.2M | 1.35% |
| 31 | VROOM INC | VRMWW | 425,488 | $8.5M | 1.24% |
| 32 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 9,080,000 | $8.4M | 1.23% |
| 33 | HARMONIC INC | HLIT | 650,000 | $6.4M | 0.94% |
| 34 | 8X8 INC NEW | 282914AE0 | 6,970,000 | $6.2M | 0.91% |
| 35 | EVOLENT HEALTH INC | EVH | 8,149,000 | $5.8M | 0.84% |
| 36 | LUCID GROUP INC | LCID | 544,700 | $5.8M | 0.84% |
| 37 | ECHOSTAR CORP | SATS | 1,685,497 | $5.7M | 0.83% |
| 38 | LUCID GROUP INC | LCID | 500,000 | $5.3M | 0.77% |
| 39 | INOTIV INC | NOTV | 17,092,000 | $4.1M | 0.60% |
| 40 | FLUOR CORP | FLR | 3,444,000 | $3.9M | 0.57% |
| 41 | INDIE SEMICONDUCTOR INC | INDI | 901,300 | $3.2M | 0.47% |
| 42 | QMNDQ 6.750 03/22/13 CVT DFTd | 74732WAA7 | 12,400,000 | $3.2M | 0.46% |
| 43 | CERENCE INC | CRNC | 3,400,000 | $3.1M | 0.45% |
| 44 | AEROVIRONMENT INC | AVAV | 12,100 | $2.9M | 0.43% |
| 45 | PG&E CORP | PCG-PX | 70,000 | $2.9M | 0.42% |
| 46 | ARRAY TECHNOLOGIES INC | ARRY | 295,500 | $2.7M | 0.40% |
| 47 | CORE SCIENTIFIC INC NEW | 21874A106 | 160,900 | $2.3M | 0.34% |
| 48 | NEOGENOMICS INC | NEO | 165,101 | $1.9M | 0.28% |
| 49 | LIVEPERSON INC | LPSN | 485,001 | $1.9M | 0.27% |
| 50 | AST SPACEMOBILE INC | ASTS | 24,200 | $1.8M | 0.26% |
| 51 | GOSSAMER BIO INC | GOSS | 500,000 | $1.6M | 0.23% |
| 52 | SCORPIO TANKERS INC | STNG | 30,000 | $1.5M | 0.22% |
| 53 | TEMPUS AI INC | TEM | 24,700 | $1.5M | 0.21% |
| 54 | ACCURAY INC | ARAY | 1,532,519 | $1.3M | 0.18% |
| 55 | TERAWULF INC | WULF | 96,600 | $1.1M | 0.16% |
| 56 | MAGNACHIP SEMICONDUCTOR CORP | MX | 220,000 | $561,000 | 0.08% |
| 57 | LUCID GROUP INC | LCID | 50,000 | $528,500 | 0.08% |
| 58 | KARYOPHARM THERAPEUTICS INC | KPTI | 40,000 | $294,400 | 0.04% |