Silverback Asset Management LLC
Annual return '25
+22.0%
SPY '25
+17.7%
Alpha
+4.3ptsvs SPY
Invested
$677.4M
Holdings
54
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 96%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$SPY
STATE STR SPDR S&P 500 ETF T
Q1 2026: New position (150.0k shares)
14.4%
02
$IWM
ISHARES TR
Q1 2026: New position (255.0k shares)
9.3%
03
$INDI 3.5 12/15/2
INDIE SEMICONDUCTOR INC
Q1 2026: New position (36.52M shares)
5.2%
04
$ON 0 05/01/27
ON SEMICONDUCTOR CORP
Q1 2026: New position (22.57M shares)
4.3%
05
$VSH 2.25 09/15/3
VISHAY INTERTECHNOLOGY INC
Q1 2026: New position (28.83M shares)
4.1%
06
$UBER 0.875 12/01
UBER TECHNOLOGIES INC
Q1 2026: New position (23.00M shares)
4.1%
07
$SMTC 1.625 11/01
SEMTECH CORP
Q1 2026: New position (12.61M shares)
3.9%
08
$BBIO 2.25 02/01/
BRIDGEBIO PHARMA INC
Q1 2026: New position (22.03M shares)
3.7%
09
$MTCH 0.875 06/15
IAC FinanceCo 2, Inc.
Q1 2026: New position (24.60M shares)
3.6%
10
$NTNX 0.25 10/01/
NUTANIX INC
Q1 2026: New position (22.00M shares)
3.3%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 06:47 UTC.