Stocks/Funds/CIK 1278960

SILVERBACK ASSET MANAGEMENT LLC

microcap filerconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1278960
Assets
$49M
+107.8% YoY
Holdings
15
Lifetime alpha vs market
+37.82% annual
Average hold time
1.4 yr
median 0.5 yr

Quarterly history

Cum return +716% vs S&P +52% · α +665% lifetimeAUM $49M · peak $84.5BFlow $16M (+42%)2016-062017-122019-062020-122022-062023-122025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-5.82%
trims when stocks drop
when a holding falls −10%+
Middle response
-11.09%
baseline attrition
Rally response
+9.73%
adds into rallies
when a holding rises +10%+

Top positions · 15

Ticker$ value% portYoYHold time
$22M45.2%0.3 yr
VRMVroom, Inc.$6M11.9%+121.8%1.3 yr
HLITHarmonic Inc.$6M11.9%-6.4%2.5 yr
CORZCore Scientific, Inc.$2M4.9%+106.6%0.5 yr
AVAVAeroVironment, Inc.$2M4.5%+53.6%0.5 yr
ASTSAST SpaceMobile, Inc.$2M4.1%+264.4%0.5 yr
TEMTempus AI, Inc.$2M3.3%-6.3%0.5 yr
WULFTeraWulf Inc.$1M2.9%+428.6%0.5 yr
LPSNLivePerson, Inc.$1M2.5%0.5 yr
NEONeoGenomics, Inc.$1M2.5%-21.8%0.8 yr
STNGScorpio Tankers Inc.$1M1.5%+105.1%2.3 yr
EYPTEyePoint Pharmaceuticals$1M1.3%+137.8%0.3 yr
ARAYAccuray Incorporated$1M1.3%-78.3%1.5 yr
MXMagnachip Semiconductor $1M1.3%-18.4%8.8 yr
KPTIKaryopharm Therapeutics $0M0.7%+48.9%1.3 yr

Portfolio composition (YoY)

Industry mix
Unknown45.2%+40.8pp$22M
Communication Equipment16.0%-13.6pp$8M
Auto - Dealerships11.9%-46.9pp$6M
Software - Infrastructure4.9%+4.9pp$2M
Aerospace & Defense4.5%$2M
Medical - Healthcare Information Services3.3%$2M
Financial - Capital Markets2.9%$1M
Software - Application2.5%+1.5pp$1M
Medical - Diagnostics & Research2.5%$1M
Biotechnology2.1%-0.4pp$1M
Country
US52.0%-40.4pp
Unknown45.2%+40.8pp
MC1.5%
LU1.3%-2.0pp
Top 5: 78.5% · Top 10: 93.8% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
VRM$13M+0.00B121.8%
KPTI$0M+0.00B48.9%
ARAY$0M-0.00B-78.3%
MX$1M-0.00B-18.4%
HLIT$7M-0.00B-6.4%

Losers

TickerPrev $PnLYoY %
HLIT$7M-0.00B-6.4%
MX$1M-0.00B-18.4%
ARAY$0M-0.00B-78.3%

Top buys this quarter · 6

EYPT EyePoint Pharmaceuticals, Inc.new+$1M
TEM Tempus AI, Inc.+$0M
VRM Vroom, Inc.+$6M
KPTI Karyopharm Therapeutics Inc.+$0M
ARAY Accuray Incorporated+$1M
new+$0M

Top sells this quarter · 5

ARRY Array Technologies, Inc.exit$2M
STNG Scorpio Tankers Inc.$1M
GOSS Gossamer Bio, Inc.exit$0M
HLIT Harmonic Inc.$0M
exit$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$49M15+21.03%+17.59%+3.44%+0.02B
2025-12-31$39M16+9.63%+17.72%-8.09%+0.01B
2025-09-30$39M12+66.27%+17.52%+48.75%+0.01B
2025-06-30$29M13+64.72%+14.94%+49.78%-0.01B
2025-03-31$23M11+13.88%+8.30%+5.58%+0.00B
2024-12-31$30M10+70.55%+24.89%+45.66%-0.03B
2024-09-30$44M11+38.59%+36.04%+2.55%-0.06B
2024-06-30$94M16+29.16%+24.49%+4.67%+0.06B
2024-03-31$31M14+13.43%+29.62%-16.20%+0.01B
2023-12-31$22M11+0.17%+26.18%-26.00%-0.05B
2023-09-30$65M18+15.74%+21.57%-5.83%-82.52B
2023-06-30$84.46B25+112.72%+19.42%+93.29%+84.43B
2023-03-31$23M25+96.09%-7.82%+103.91%-0.01B
2022-12-31$32M45+276.61%-18.17%+294.78%-0.02B
2022-09-30$41M60+79.71%-4.93%+84.64%-0.01B
2022-06-30$27M37-8.62%-16.11%+7.49%-0.10B