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SILVERBACK ASSET MANAGEMENT LLC

Q4 2025 · Filed 2026-02-17
Market Value
$36M
+7.9%
Holdings
17
+5
New Purchases
7
Added To
2
Closed
2
Reduced
2
Top 10 Concentration
87.1%
Turnover
52.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AVAV 8.08% 0.00% +8.08% $3M
ARRY 7.51% 0.00% +7.51% $3M
CORZ 6.47% 0.00% +6.47% $2M
LPSN 5.18% 0.00% +5.18% $2M
ASTS 4.85% 0.00% +4.85% $2M
TEM 4.03% 0.00% +4.03% $1M
WULF 3.06% 0.00% +3.06% $1M
NEO 5.36% 4.63% +0.73% $2M
GOSS 4.28% 3.92% +0.36% $2M
KPTI 0.81% 0.78% +0.03% $294K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
WOLF 0.00% 24.40% -24.40% $0
VRM 23.37% 33.40% -10.03% $8M
HLIT 17.74% 20.45% -2.71% $6M
ARAY 3.49% 5.30% -1.81% $1M
STNG 4.21% 5.01% -0.80% $2M
MX 1.55% 2.05% -0.50% $561K
AISPW 0.00% 0.06% -0.06% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 2 $3M 7.9%
Mid Cap 5 $8M 22.8%
Small Cap 2 $9M 25.3%
Micro Cap 8 $16M 44.0%

Portfolio Analytics

Avg Market Cap
$5.3B
Median Market Cap
$1.3B
Avg P/E
12.8
Median P/E
12.8
Avg Dividend Yield
0.00%
Avg Beta
2.10
# Stocks
17
# ETFs / Funds
0

Top Holdings (17 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VRM 23.37% 425,488 $8M $19.90 -$3M +10,539 +2.5%
2 HLIT 17.74% 650,000 $6M $9.89 -$439K -24,600 -3.6%
3 AVAV 8.08% 12,100 $3M $241.89 +12,100 NEW
4 ARRY 7.51% 295,500 $3M $9.21 +295,500 NEW
5 CORZ 6.47% 160,900 $2M $14.56 +160,900 NEW
6 NEO 5.36% 165,101 $2M $11.76 $387K -36,212 -18.0%
7 LPSN 5.18% 485,001 $2M $3.87 +485,001 NEW
8 ASTS 4.85% 24,200 $2M $72.63 +24,200 NEW
9 GOSS 4.28% 500,000 $2M $3.10 $235K
10 STNG 4.21% 30,000 $2M $50.83 -$157K
11 TEM 4.03% 24,700 $1M $59.08 +24,700 NEW
12 ARAY 3.49% 1,532,519 $1M $0.82 -$517K +466,465 +43.8%
13 WULF 3.06% 96,600 $1M $11.49 +96,600 NEW
14 MX 1.55% 220,000 $561K $2.55 -$128K
15 KPTI 0.81% 40,000 $294K $7.36 $33K
16 WOLF —% -$8M -286,407 -100.0% SOLD
17 AISPW —% -$21K -12,500 -100.0% SOLD

Options Breakdown

3 Calls $0 Call Value 4 Puts $15M Put Value

Top Calls

SymbolSharesValueStatus
HYG $0 SOLD
HTZ $0 SOLD
IWM $0 SOLD

Top Puts

SymbolSharesValueStatus
LCID 1,094,700 $12M
INDI 901,300 $3M
ASTS $0 SOLD
HYG $0 SOLD

New Positions

SymbolValue% Port
AVAV $3M 8.08%
ARRY $3M 7.51%
CORZ $2M 6.47%
LPSN $2M 5.18%
ASTS $2M 4.85%
TEM $1M 4.03%
WULF $1M 3.06%

Sold Out Positions

SymbolValue% Port
WOLF —%
AISPW —%
View SEC EDGAR Filings for SILVERBACK ASSET MANAGEMENT LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms