SILVERBACK ASSET MANAGEMENT LLC Quant / Systematic

Location: Durham, NC

CIK: 0001278960 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Sep 18, 2017

Total Value: $264M (7.9% shares, 92.1% debt)

Holdings (27)

— MICRON TECHNOLOGY INC 8.2%

Value $21.57M Shares 6,913,000 Share Price $3.12 Est. Cost/Share $2.20 Unrealized @ Report Date —

— STARWOOD PPTY TR INC 8.0%

Value $21.12M Shares 21,000,000 Share Price $1.01 Est. Cost/Share $1.02 Unrealized @ Report Date —

— HARMONIC INC 6.8%

Value $17.91M Shares 15,625,000 Share Price $1.15 Est. Cost/Share $1.24 Unrealized @ Report Date —

— VECTOR GROUP LTD 6.5%

Value $17.28M Shares 15,000,000 Share Price $1.15 Est. Cost/Share $1.09 Unrealized @ Report Date —

— JAZZ US HLDGS INC 6.3%

Value $16.73M Shares 6,908,000 Share Price $2.42 Est. Cost/Share $1.54 Unrealized @ Report Date —

— CORNERSTONE ONDEMAND INC 5.9%

Value $15.62M Shares 15,500,000 Share Price $1.01 Est. Cost/Share $1.03 Unrealized @ Report Date —

— SALESFORCE COM INC 5.6%

Value $14.85M Shares 11,193,000 Share Price $1.33 Est. Cost/Share $1.33 Unrealized @ Report Date —

— GENERAL CABLE CORP DEL NEW 5.6%

Value $14.7M Shares 19,300,000 Share Price $0.76 Est. Cost/Share $0.60 Unrealized @ Report Date —

— BECTON DICKINSON & CO 4.7%

Value $12.3M Shares 225,000 Share Price $54.67 Est. Cost/Share $54.67 Unrealized @ Report Date —

— AVID TECHNOLOGY INC 4.5%

Value $11.84M Shares 15,950,000 Share Price $0.74 Est. Cost/Share $0.79 Unrealized @ Report Date —

— ENCORE CAP GROUP INC 4.5%

Value $11.78M Shares 12,396,000 Share Price $0.95 Est. Cost/Share $0.72 Unrealized @ Report Date —

— INFINERA CORPORATION 3.7%

Value $9.89M Shares 9,157,000 Share Price $1.08 Est. Cost/Share $1.06 Unrealized @ Report Date —

— PALO ALTO NETWORKS INC 3.7%

Value $9.854M Shares 7,500,000 Share Price $1.31 Est. Cost/Share $1.31 Unrealized @ Report Date —

— SERVICENOW INC 3.6%

Value $9.528M Shares 6,500,000 Share Price $1.47 Est. Cost/Share $1.47 Unrealized @ Report Date —

— JDS UNIPHASE CORP 3.6%

Value $9.393M Shares 8,500,000 Share Price $1.11 Est. Cost/Share $1.11 Unrealized @ Report Date —

— FLUIDIGM CORP DEL 2.8%

Value $7.403M Shares 11,940,000 Share Price $0.62 Est. Cost/Share $0.60 Unrealized @ Report Date —

— HORIZON PHARMA INVT LTD 2.8%

Value $7.349M Shares 8,500,000 Share Price $0.86 Est. Cost/Share $0.86 Unrealized @ Report Date —

— ENCORE CAP GROUP INC 2.5%

Value $6.49M Shares 6,040,000 Share Price $1.07 Est. Cost/Share $0.77 Unrealized @ Report Date —

— WORKDAY INC 2.3%

Value $6.18M Shares 5,000,000 Share Price $1.24 Est. Cost/Share $1.24 Unrealized @ Report Date —

— FINISAR CORP 1.7%

Value $4.47M Shares 4,000,000 Share Price $1.12 Est. Cost/Share $1.12 Unrealized @ Report Date —

— PANDORA MEDIA INC 1.6%

Value $4.275M Shares 4,500,000 Share Price $0.95 Est. Cost/Share $1.03 Unrealized @ Report Date —

— SERVICESOURCE INTL INC 1.4%

Value $3.805M Shares 980,598 Share Price $3.88 Est. Cost/Share $4.59 Unrealized @ Report Date —

MX MAGNACHIP SEMICONDUCTOR CORP 1.2%

Value $3.072M Shares 313,461 Share Price $9.80 * Est. Cost/Share $7.79 Unrealized @ Report Date +14.9%

— COMSTOCK RES INC 1.1%

Value $2.986M Shares 3,827,578 Share Price $0.78 Est. Cost/Share $0.87 Unrealized @ Report Date —

— OREXIGEN THERAPEUTICS INC 0.9%

Value $2.28M Shares 4,800,000 Share Price $0.47 Est. Cost/Share $0.51 Unrealized @ Report Date —

CSW CSW INDUSTRIALS INC 0.6%

Value $1.577M Shares 40,806 Share Price $38.65 * Est. Cost/Share $32.16 Unrealized @ Report Date +8.2%

— SANOFI 0.1%

Value $171K Shares 450,000 Share Price $0.38 Est. Cost/Share $0.38 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MICRON TECHNOLOGY INC	6,913,000	$21.57M	8.2%	$3.12	$2.20	—	NOTE 2.375% 5/0	595112AW3
—	STARWOOD PPTY TR INC	21,000,000	$21.12M	8.0%	$1.01	$1.02	—	NOTE 3.750%10/1	85571BAC9
—	HARMONIC INC	15,625,000	$17.91M	6.8%	$1.15	$1.24	—	NOTE 4.000%12/0	413160AB8
—	VECTOR GROUP LTD	15,000,000	$17.28M	6.5%	$1.15	$1.09	—	NOTE 1.750% 4/1	92240MBC1
—	JAZZ US HLDGS INC	6,908,000	$16.73M	6.3%	$2.42	$1.54	—	NOTE 8.000%12/3	47216EAA8
—	CORNERSTONE ONDEMAND INC	15,500,000	$15.62M	5.9%	$1.01	$1.03	—	NOTE 1.500% 7/0	21925YAB9
—	SALESFORCE COM INC	11,193,000	$14.85M	5.6%	$1.33	$1.33	—	NOTE 0.250% 4/0	79466LAD6
—	GENERAL CABLE CORP DEL NEW	19,300,000	$14.7M	5.6%	$0.76	$0.60	—	FRNT 4.500%11/1	369300AL2
—	BECTON DICKINSON & CO	225,000	$12.3M	4.7%	$54.67	$54.67	—	PFD SHS CONV A	075887208
—	AVID TECHNOLOGY INC	15,950,000	$11.84M	4.5%	$0.74	$0.79	—	NOTE 2.000% 6/1	05367PAB6
—	ENCORE CAP GROUP INC	12,396,000	$11.78M	4.5%	$0.95	$0.72	—	NOTE 2.875% 3/1	292554AH5
—	INFINERA CORPORATION	9,157,000	$9.89M	3.7%	$1.08	$1.06	—	DBCV 1.750% 6/0	45667GAB9
—	PALO ALTO NETWORKS INC	7,500,000	$9.854M	3.7%	$1.31	$1.31	—	NOTE 7/0	697435AB1
—	SERVICENOW INC	6,500,000	$9.528M	3.6%	$1.47	$1.47	—	NOTE 11/0	81762PAB8
—	JDS UNIPHASE CORP	8,500,000	$9.393M	3.6%	$1.11	$1.11	—	DBCV 0.625% 8/1	46612JAF8
—	FLUIDIGM CORP DEL	11,940,000	$7.403M	2.8%	$0.62	$0.60	—	NOTE 2.750% 2/0	34385PAA6
—	HORIZON PHARMA INVT LTD	8,500,000	$7.349M	2.8%	$0.86	$0.86	—	NOTE 2.500% 3/1	44052TAB7
—	ENCORE CAP GROUP INC	6,040,000	$6.49M	2.5%	$1.07	$0.77	—	NOTE 3.000% 7/0	292554AF9
—	WORKDAY INC	5,000,000	$6.18M	2.3%	$1.24	$1.24	—	NOTE 0.750% 7/1	98138HAC5
—	FINISAR CORP	4,000,000	$4.47M	1.7%	$1.12	$1.12	—	NOTE 0.500%12/1	31787AAM3
—	PANDORA MEDIA INC	4,500,000	$4.275M	1.6%	$0.95	$1.03	—	NOTE 1.750%12/0	698354AB3
—	SERVICESOURCE INTL INC	980,598	$3.805M	1.4%	$3.88	$4.59	—	COM	81763U100
MX	MAGNACHIP SEMICONDUCTOR CORP	313,461	$3.072M	1.2%	$9.80 *	$7.79	+14.9%	COM	55933J203
—	COMSTOCK RES INC	3,827,578	$2.986M	1.1%	$0.78	$0.87	—	NOTE 7.750% 4/0	205768AM6
—	OREXIGEN THERAPEUTICS INC	4,800,000	$2.28M	0.9%	$0.47	$0.51	—	NOTE 2.750%12/0	686164AC8
CSW	CSW INDUSTRIALS INC	40,806	$1.577M	0.6%	$38.65 *	$32.16	+8.2%	COM	126402106
—	SANOFI	450,000	$171K	0.1%	$0.38	$0.38	—	RIGHT 12/31/2020	80105N113