Silverback Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Silverback Asset Management LLC reported 14 stock positions worth $30.8 million. Its top holding was Harmonic (HLIT) at 38.4% of the portfolio, followed by Ridenow (RDNW, 14.0%) and Noble (NE, 12.2%). Compared with Q4 2023, it opened 3 new positions, sold out of 5, added to 1 and reduced 3. The biggest buy was a new position in Harmonic (HLIT) and the biggest sale Ridenow (RDNW, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- DURHAM, NC
- CIK
- 0001278960
- Portfolio Value
- $30.8M (Q1 2024)
- SEC Filing
- 0001398344-24-009376 ↗ filed May 14, 2024
Holdings Value
Holdings 14 stocks · $30.8M
| HLIT Harmonic Inc. | 38.35% | 879,412 | $11.8M | New |
| RDNW Ridenow Group Inc. filed as RUMBLEON INC | 13.97% | 666,438 | $4.3M | Reduce -28.3% |
| NE Noble Corp. PLC | 12.23% | 76,506 | $3.8M | Reduce -15.2% |
| REAL The Realreal Inc. filed as THE REALREAL INC | 9.26% | 729,941 | $2.9M | New |
| AKTSQ Akoustis Technologies Inc. | 8.13% | 4,238,389 | $2.5M | Add +26.4% |
| VAL Valaris Ltd. | 6.72% | 27,500 | $2.1M | Reduce -31.3% |
| VERI Veritone Inc. | 5.55% | 324,922 | $1.7M | No change |
| MX Magnachip Semiconductor Corp. | 3.98% | 220,000 | $1.2M | No change |
| LAB Standard Biotools Inc. | 1.10% | 125,000 | $339K | No change |
| ADTH Adtheorent Holdings Co. Inc. | 0.28% | 27,191 | $87K | No change |
| AISP Airship AI Holdings Inc. | 0.27% | 12,500 | $82K | No change |
| VRMMQ Vroom Inc. | 0.14% | 3,123 | $42K | New |
| QDRO Quadro Acquisition One Corp. | 0.01% | 366 | $4K | No change |
| ZAPP ELEC VEHS GROUP LTD | 0.01% | 7,961 | $2K | No change |
Options reported separately and not counted above: AVDL calls ($1.7M), DANIMER SCIENTIFIC INC puts ($62K).
Other holdings (61): bonds, preferreds, convertibles and warrants · $718.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | 26,057,000 | $45.6M | New |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | 18,504,000 | $44.2M | Add +48.6% |
| Ivanhoe Mines Ltd | NOTE 2.500 04/15/26 · principal | 18,625,000 | $30.5M | No change |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | 25,890,000 | $26.9M | Add +8.6% |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 41,968,000 | $26.3M | Reduce -5.6% |
| SEMTECH CORP (SMTC 1.625 11/01/27) | NOTE 1.625%11/0 · principal | 26,500,000 | $26.2M | No change |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 17,500,000 | $23.2M | New |
| LUCID GROUP INC (LCID 1.25 12/15/26) | 1.250 12/15/26 CVT · principal | 43,754,000 | $22.6M | Add +2.1% |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | 18,035,000 | $20.3M | Reduce -10.0% |
| PORCH GROUP INC | NOTE/6 750% 10/1 · principal | 29,400,000 | $20.1M | Add +6.9% |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 30,000,000 | $18.9M | Reduce -8.6% |
| Viavi Solutions Inc | NOTE 1.625 03/15/26 · principal | 18,702,000 | $18.1M | Add +27.2% |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | 13,156,000 | $17.8M | Add +12.3% |
| VROOM INC (VRM 0.75 07/01/26) | NOTE 0.750% 7/0 · principal | 32,312,000 | $17.3M | Add +14.6% |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 12,257,000 | $15.5M | Reduce -10.9% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 16,733,000 | $14.8M | Reduce -2.4% |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | 10,000,000 | $14.5M | New |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | 35,082,000 | $14.0M | Add +52.0% |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 10,000,000 | $13.6M | New |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | 10,500,000 | $13.0M | New |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | 10,800,000 | $11.8M | Reduce -13.6% |
| ACCURAY INC (ARAY 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 13,096,000 | $11.7M | No change |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | 12,900,000 | $11.3M | Reduce -19.0% |
| LUMINAR TECHNOLOGIES INC (LAZR 1.25 12/15/26) | NOTE 1.25%12/1 · principal | 32,100,000 | $11.1M | Add +14.2% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 15,000,000 | $11.1M | Add +7.1% |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | 10,769,000 | $10.6M | New |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 16,500,000 | $10.5M | Add +10.0% |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | 11,825,000 | $10.4M | Reduce -31.8% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 12,000,000 | $10.1M | Reduce -4.0% |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 12,045,000 | $9.7M | Reduce -14.0% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | 10,000,000 | $9.5M | New |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 14,000,000 | $8.5M | Reduce -13.6% |
| CHEGG INC (CHGG 0 09/01/26) | NOTE 9/0 · principal | 10,171,000 | $8.5M | No change |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | 9,900,000 | $8.4M | Add +17.9% |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | 9,498,000 | $8.4M | Add +49.6% |
| STEM Inc | NOTE 4.250 04/01/30 · principal | 15,600,000 | $8.2M | New |
| SKINHEALTH SYSTEMS INC (SKIN 1.25 10/01/26) | CONV · principal | 9,703,000 | $8.1M | Reduce -4.9% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 10,000,000 | $8.0M | Reduce -35.9% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 11,138,000 | $7.6M | Add +39.7% |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | 31,466,000 | $7.4M | Reduce -9.5% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 6,000,000 | $6.8M | Add +20.0% |
| CUTERA INC (CUTR 2.25 06/01/28) | NOTE 2.250% 6/0 · principal | 24,816,000 | $5.9M | No change |
| COMMERCE.COM INC (CMRC 0.25 10/01/26) | NOTE 0.250%10/0 · principal | 6,993,000 | $5.9M | No change |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | 7,250,000 | $5.7M | Reduce -23.7% |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | 15,444,000 | $5.7M | Add +44.3% |
| STANDARD BIOTOOLS INC (LAB 5.25 12/01/24) | NOTE 5.250%12/0 · principal | 5,000,000 | $5.6M | No change |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | 5,832,000 | $5.4M | Reduce -46.1% |
| PRCH 3/4 09/15/26 | FIXED INCOME · principal | 8,629,000 | $4.9M | Reduce -18.8% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 5,772,000 | $4.9M | Reduce -7.7% |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | 8,000,000 | $4.6M | Reduce -27.3% |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | 5,000,000 | $4.5M | Reduce -28.6% |
| Danimer Scientific Corp | NOTE 3.250 12/15/26 · principal | 32,870,000 | $4.0M | Add +6.5% |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 4,500,000 | $3.7M | Reduce -10.0% |
| TPI Composites Inc | NOTE 5.250 03/15/28 · principal | 7,225,000 | $3.5M | Reduce -28.1% |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 2,500,000 | $2.3M | Reduce -72.1% |
| CRYOPORT INC | NOTE 0.750% 12/0 · principal | 2,500,000 | $2.2M | Reduce -78.8% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 2,500,000 | $2.1M | Reduce -28.6% |
| ACCOLADE INC (ACCD 0.5 04/01/26) | NOTE 0.500% 4/0 · principal | 2,213,000 | $2.0M | No change |
| Repay Holdings Corp | NOTE 0% 02/01/26 · principal | 1,885,000 | $1.7M | Reduce -81.8% |
| BIORA THERAPEUTICS INC (BIOR 7.25 12/01/25) | NOTE 7.250%12/0 · principal | 2,600,000 | $1.5M | No change |
| THE REALREAL INC (REAL 1 03/01/28) | NOTE 1.000% 3/0 · principal | 1,850,000 | $833K | Reduce -84.3% |
Total filed on the 13F, all lines: $748.8M.
Portfolio Sells Q4 2023 → Q1 2024
| RDNW Ridenow Group Inc. | Reduce -28.3% | 13.97% | −19.98 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −12.28 |
| VAL Valaris Ltd. | Reduce -31.3% | 6.72% | −5.60 |
| NE Noble Corp. PLC | Reduce -15.2% | 12.23% | −3.33 |
| ESPR Esperion Therapeutics Inc. | Sold out | 0.00% | −2.71 |
| VRM Vroom Inc. | Sold out | 0.00% | −0.68 |
| TELL Tellurian Inc. | Sold out | 0.00% | −0.54 |
| SACQF Spree Acquisition Corp. 1 Ltd. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
Options Activity Q4 2023 → Q1 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 50,000 | $23.8Mbefore exit |
| INFN Infinera Corp. | put | Sold out | 250,000 | $19.3Mbefore exit |
| AKTSQ Akoustis Technologies Inc. | call | Sold out | 67,100 | $56Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| MONGODB INC (MDB 0.25 01/15/26) | NOTE 0.250% 1/1 · principal | New | 26,057,000 | $45.6M |
| NOVA LTD (NVMI 0 10/15/25) | NOTE 10/1 · principal | Add +48.6% | 18,504,000 | $44.2M |
| INFINERA CORP (INFN 2.5 03/01/27) | NOTE 2.500% 3/0 · principal | Add +8.6% | 25,890,000 | $26.9M |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | Reduce -5.6% | 41,968,000 | $26.3M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | New | 17,500,000 | $23.2M |
| LUCID GROUP INC (LCID 1.25 12/15/26) | 1.250 12/15/26 CVT · principal | Add +2.1% | 43,754,000 | $22.6M |
| INFINERA CORP (INFN 3.75 08/01/28) | NOTE 3.750% 8/0 · principal | Reduce -10.0% | 18,035,000 | $20.3M |
| PORCH GROUP INC | NOTE/6 750% 10/1 · principal | Add +6.9% | 29,400,000 | $20.1M |
| HARMONIC INC (HLIT 2 09/01/24) | DBCV 2.000% 9/0 · principal | Sold out | 13,000,000 | $20.0Mbefore exit |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | Reduce -8.6% | 30,000,000 | $18.9M |
| Viavi Solutions Inc | NOTE 1.625 03/15/26 · principal | Add +27.2% | 18,702,000 | $18.1M |
| IMPINJ INC (PI 1.125 05/15/27) | NOTE 1.125% 5/1 · principal | Add +12.3% | 13,156,000 | $17.8M |
| VROOM INC (VRM 0.75 07/01/26) | NOTE 0.750% 7/0 · principal | Add +14.6% | 32,312,000 | $17.3M |
| M/A-COM TECH SOLUTIONS (MTSI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Reduce -10.9% | 12,257,000 | $15.5M |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Reduce -2.4% | 16,733,000 | $14.8M |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | New | 10,000,000 | $14.5M |
| LIVEPERSON INC (LPSN 0 12/15/26) | NOTE 12/1 · principal | Add +52.0% | 35,082,000 | $14.0M |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | New | 10,000,000 | $13.6M |
| PAR TECHNOLOGY CORP (PAR 2.875 04/15/26) | NOTE 2.875% 4/1 · principal | New | 10,500,000 | $13.0M |
| INSULET CORPORATION (PODD 0.375 09/01/26) | NOTE 0.375% 9/0 · principal | Sold out | 10,394,000 | $12.0Mbefore exit |
| PROS HOLDINGS INC (PRO 2.25 09/15/27) | NOTE 2.250% 9/1 · principal | Reduce -13.6% | 10,800,000 | $11.8M |
| CABLE ONE INC (CABO 0 03/15/26) | NOTE 3/1 · principal | Reduce -19.0% | 12,900,000 | $11.3M |
| LUMINAR TECHNOLOGIES INC (LAZR 1.25 12/15/26) | NOTE 1.25%12/1 · principal | Add +14.2% | 32,100,000 | $11.1M |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | Add +7.1% | 15,000,000 | $11.1M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | New | 10,769,000 | $10.6M |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Add +10.0% | 16,500,000 | $10.5M |
| BANDWIDTH INC (BAND 0.25 03/01/26) | NOTE 0.250% 3/0 · principal | Reduce -31.8% | 11,825,000 | $10.4M |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -4.0% | 12,000,000 | $10.1M |
| THE REALREAL INC (REAL 3 06/15/25) | NOTE 3.000% 6/1 · principal | Sold out | 13,274,000 | $9.8Mbefore exit |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | Reduce -14.0% | 12,045,000 | $9.7M |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | New | 10,000,000 | $9.5M |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 9,000,000 | $9.0Mbefore exit |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | Reduce -13.6% | 14,000,000 | $8.5M |
| EVENTBRITE INC (EB 0.75 09/15/26) | NOTE 0.750% 9/1 · principal | Add +17.9% | 9,900,000 | $8.4M |
| CRACKER BARREL OLD COUNT (CBRL 0.625 06/15/26) | NOTE 0.625% 6/1 · principal | Add +49.6% | 9,498,000 | $8.4M |
| STEM Inc | NOTE 4.250 04/01/30 · principal | New | 15,600,000 | $8.2M |
| SKINHEALTH SYSTEMS INC (SKIN 1.25 10/01/26) | CONV · principal | Reduce -4.9% | 9,703,000 | $8.1M |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | Reduce -35.9% | 10,000,000 | $8.0M |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | Add +39.7% | 11,138,000 | $7.6M |
| BEYOND MEAT INC (BYND 0 03/15/27) | NOTE 3/1 · principal | Reduce -9.5% | 31,466,000 | $7.4M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +20.0% | 6,000,000 | $6.8M |
| GROUPON INC (GRPN 1.125 03/15/26) | NOTE 1.125% 3/1 · principal | Reduce -23.7% | 7,250,000 | $5.7M |
| VERITONE INC (VERI 1.75 11/15/26) | NOTE 1.750%11/1 · principal | Add +44.3% | 15,444,000 | $5.7M |
| PAR TECHNOLOGY CORP (PAR 1.5 10/15/27) | NOTE 1.500%10/1 · principal | Reduce -46.1% | 5,832,000 | $5.4M |
| PRCH 3/4 09/15/26 | FIXED INCOME · principal | Reduce -18.8% | 8,629,000 | $4.9M |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Reduce -7.7% | 5,772,000 | $4.9M |
| 3D SYSTEMS CORP (DDD 0 11/15/26) | NOTE 11/1 · principal | Reduce -27.3% | 8,000,000 | $4.6M |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Reduce -28.6% | 5,000,000 | $4.5M |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Sold out | 3,849,000 | $4.0Mbefore exit |
| Danimer Scientific Corp | NOTE 3.250 12/15/26 · principal | Add +6.5% | 32,870,000 | $4.0M |
Showing the first 50 of 64.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 13 | $26.8M | HLIT, VRM, CORZ, WULF, ASTS |
| Q1 2026Amended | 14 | $26.8M | VRM, HLIT, CORZ, AVAV, ASTS |
| Q4 2025 | 15 | $36.2M | VRM, HLIT, AVAV, ARRY, CORZ |
| Q3 2025 | 10 | $35.2M | VRM, WOLF, HLIT, ARAY, STNG |
| Q2 2025 | 10 | $25.0M | VRM, HLIT, ARAY, STNG, AVDL |
| Q1 2025 | 1 | $12.5M | VRM |
| Q4 2024Amended | 5 | $13.7M | HLIT, RDNW, MX, VERI, ARAY |
| Q3 2024 | 12 | $22.2M | HLIT, NE, RDNW, REAL, VAL |
| Q2 2024 | 16 | $78.4M | SPY, HLIT, NE, RDNW, REAL |
| Q1 2024 | 14 | $30.8M | HLIT, RDNW, NE, REAL, AKTSQ |