SILVERBACK ASSET MANAGEMENT LLC Quant / Systematic

CIK: 0001278960 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 12, 2017

Total Value ($000): $407,102 (31.6% shares, 68.4% debt)

Holdings (31)

SPY SPDR S&P 500 ETF TR 29.0%

Value ($000) $117,870 Shares 500,000 Est. Cost — Unrealized —

— STARWOOD PPTY TR INC 5.2%

Value ($000) $21,368 Shares 21,000,000 Est. Cost $1.02 Unrealized —

— MICRON TECHNOLOGY INC 5.1%

Value ($000) $20,895 Shares 6,913,000 Est. Cost $2.20 Unrealized —

— JAZZ US HLDGS INC 5.1%

Value ($000) $20,733 Shares 8,908,000 Est. Cost $1.54 Unrealized —

— GENERAL CABLE CORP DEL NEW 4.8%

Value ($000) $19,500 Shares 25,000,000 Est. Cost $0.60 Unrealized —

— HARMONIC INC 4.8%

Value ($000) $19,443 Shares 15,625,000 Est. Cost $1.24 Unrealized —

— PANDORA MEDIA INC 4.7%

Value ($000) $19,150 Shares 19,150,000 Est. Cost $1.03 Unrealized —

— VECTOR GROUP LTD 4.2%

Value ($000) $17,072 Shares 15,000,000 Est. Cost $1.09 Unrealized —

— CORNERSTONE ONDEMAND INC 3.5%

Value ($000) $14,350 Shares 14,000,000 Est. Cost $1.03 Unrealized —

— DEPOMED INC 3.5%

Value ($000) $14,335 Shares 15,250,000 Est. Cost $0.98 Unrealized —

— YAHOO INC 3.3%

Value ($000) $13,496 Shares 13,000,000 Est. Cost $1.01 Unrealized —

— INTERCEPT PHARMACEUTICALS IN 3.0%

Value ($000) $12,016 Shares 12,851,000 Est. Cost $1.01 Unrealized —

— AVID TECHNOLOGY INC 2.8%

Value ($000) $11,484 Shares 15,950,000 Est. Cost $0.79 Unrealized —

— ENCORE CAP GROUP INC 2.7%

Value ($000) $10,946 Shares 12,396,000 Est. Cost $0.72 Unrealized —

— ENERNOC INC 2.2%

Value ($000) $8,987 Shares 10,450,000 Est. Cost $0.77 Unrealized —

— FLUIDIGM CORP DEL 2.1%

Value ($000) $8,704 Shares 12,800,000 Est. Cost $0.60 Unrealized —

— INFINERA CORPORATION 1.9%

Value ($000) $7,667 Shares 7,157,000 Est. Cost $1.05 Unrealized —

— TITAN MACHY INC 1.8%

Value ($000) $7,173 Shares 7,433,000 Est. Cost $0.83 Unrealized —

— AEGERION PHARMACEUTICALS INC 1.7%

Value ($000) $6,804 Shares 8,400,000 Est. Cost $0.81 Unrealized —

— HEALTHWAYS INC 1.5%

Value ($000) $6,182 Shares 4,000,000 Est. Cost $1.28 Unrealized —

— ENCORE CAP GROUP INC 1.4%

Value ($000) $5,756 Shares 6,040,000 Est. Cost $0.77 Unrealized —

— HOLOGIC INC 1.4%

Value ($000) $5,588 Shares 4,500,000 Est. Cost $1.23 Unrealized —

— SERVICESOURCE INTL INC 1.0%

Value ($000) $4,023 Shares 1,036,860 Est. Cost $4.59 Unrealized —

— COMSTOCK RES INC 0.8%

Value ($000) $3,309 Shares 3,826,000 Est. Cost $0.87 Unrealized —

MX MAGNACHIP SEMICONDUCTOR CORP 0.7%

Value ($000) $2,946 Shares 308,461 Est. Cost $7.77 Unrealized +1.3%

— OREXIGEN THERAPEUTICS INC 0.6%

Value ($000) $2,424 Shares 4,800,000 Est. Cost $0.51 Unrealized —

— GASTAR EXPL INC NEW 0.4%

Value ($000) $1,729 Shares 1,122,940 Est. Cost $1.54 Unrealized —

CSW CSW INDUSTRIALS INC 0.3%

Value ($000) $1,285 Shares 35,000 Est. Cost $31.72 Unrealized +11.0%

— AMYRIS INC 0.3%

Value ($000) $1,060 Shares 2,000,000 Est. Cost $0.27 Unrealized —

— RESOLUTE ENERGY CORP 0.1%

Value ($000) $485 Shares 12,000 Est. Cost $40.74 Unrealized —

— AMYRIS INC 0.1%

Value ($000) $322 Shares 607,387 Est. Cost $0.59 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	500,000	$117,870	29.0%	—	—	Call	78462F103
—	STARWOOD PPTY TR INC	21,000,000	$21,368	5.2%	$1.02	—	NOTE 3.750%10/1	85571BAC9
—	MICRON TECHNOLOGY INC	6,913,000	$20,895	5.1%	$2.20	—	NOTE 2.375% 5/0	595112AW3
—	JAZZ US HLDGS INC	8,908,000	$20,733	5.1%	$1.54	—	NOTE 8.000%12/3	47216EAA8
—	GENERAL CABLE CORP DEL NEW	25,000,000	$19,500	4.8%	$0.60	—	FRNT 4.500%11/1	369300AL2
—	HARMONIC INC	15,625,000	$19,443	4.8%	$1.24	—	NOTE 4.000%12/0	413160AB8
—	PANDORA MEDIA INC	19,150,000	$19,150	4.7%	$1.03	—	NOTE 1.750%12/0	698354AB3
—	VECTOR GROUP LTD	15,000,000	$17,072	4.2%	$1.09	—	NOTE 1.750% 4/1	92240MBC1
—	CORNERSTONE ONDEMAND INC	14,000,000	$14,350	3.5%	$1.03	—	NOTE 1.500% 7/0	21925YAB9
—	DEPOMED INC	15,250,000	$14,335	3.5%	$0.98	—	NOTE 2.500% 9/0	249908AA2
—	YAHOO INC	13,000,000	$13,496	3.3%	$1.01	—	NOTE 12/0	984332AF3
—	INTERCEPT PHARMACEUTICALS IN	12,851,000	$12,016	3.0%	$1.01	—	NOTE 3.250% 7/0	45845PAA6
—	AVID TECHNOLOGY INC	15,950,000	$11,484	2.8%	$0.79	—	NOTE 2.000% 6/1	05367PAB6
—	ENCORE CAP GROUP INC	12,396,000	$10,946	2.7%	$0.72	—	NOTE 2.875% 3/1	292554AH5
—	ENERNOC INC	10,450,000	$8,987	2.2%	$0.77	—	DBCV 2.250% 8/1	292764AB3
—	FLUIDIGM CORP DEL	12,800,000	$8,704	2.1%	$0.60	—	NOTE 2.750% 2/0	34385PAA6
—	INFINERA CORPORATION	7,157,000	$7,667	1.9%	$1.05	—	DBCV 1.750% 6/0	45667GAB9
—	TITAN MACHY INC	7,433,000	$7,173	1.8%	$0.83	—	NOTE 3.750% 5/0	88830RAB7
—	AEGERION PHARMACEUTICALS INC	8,400,000	$6,804	1.7%	$0.81	—	NOTE 2.000% 8/1	00767EAB8
—	HEALTHWAYS INC	4,000,000	$6,182	1.5%	$1.28	—	NOTE 1.500% 7/0	422245AB6
—	ENCORE CAP GROUP INC	6,040,000	$5,756	1.4%	$0.77	—	NOTE 3.000% 7/0	292554AF9
—	HOLOGIC INC	4,500,000	$5,588	1.4%	$1.23	—	FRNT 12/1	436440AG6
—	SERVICESOURCE INTL INC	1,036,860	$4,023	1.0%	$4.59	—	COM	81763U100
—	COMSTOCK RES INC	3,826,000	$3,309	0.8%	$0.87	—	NOTE 7.750% 4/0	205768AM6
MX	MAGNACHIP SEMICONDUCTOR CORP	308,461	$2,946	0.7%	$7.77	+1.3%	COM	55933J203
—	OREXIGEN THERAPEUTICS INC	4,800,000	$2,424	0.6%	$0.51	—	NOTE 2.750%12/0	686164AC8
—	GASTAR EXPL INC NEW	1,122,940	$1,729	0.4%	$1.54	—	COM	36729W202
CSW	CSW INDUSTRIALS INC	35,000	$1,285	0.3%	$31.72	+11.0%	COM	126402106
—	AMYRIS INC	2,000,000	$1,060	0.3%	$0.27	—	NOTE 6.500% 5/1	03236MAC5
—	RESOLUTE ENERGY CORP	12,000	$485	0.1%	$40.74	—	COM NEW	76116A306
—	AMYRIS INC	607,387	$322	0.1%	$0.59	—	COM	03236M101