1y return−3.7%S&P 500 +20.9%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since September 30, 2023: $51 against $175 in the S&P 500.2
Silverback Asset Management LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| HLITHarmonic Inc | $8.6M | 32.0% | −19.1% |
| VRMVroom Inc | $3.5M | 12.9% | +2.6% |
| CORZCore Scientific Inc New | $3.4M | 12.6% | −18.2% |
| WULFTerawulf Inc | $2.4M | 8.9% | |
| ASTSAst Spacemobile Inc | $2.2M | 8.0% | |
| AVAVAerovironment Inc | $2.0M | 7.5% | |
| TEMTempus Ai Inc | $1.7M | 6.2% | −19.6% |
| Liveperson IncCUSIP 538146309 | $922K | 3.4% | |
| EYPTEyepoint Inc | $715K | 2.7% | |
| MXMagnachip Semiconductor Corp | $473K | 1.8% | −54.5% |
| OCGNOcugen Inc | $382K | 1.4% | New |
| ARAYAccuray Inc Del | $374K | 1.4% | −12.1% |
| KPTIKaryopharm Therapeutics Inc | $293K | 1.1% | −53.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| KPTIKaryopharm Therapeutics Inc | June 30, 2025 | +126.7% | $293K |
| WULFTerawulf Inc | December 31, 2025 | +115.0% | $2.4M |
| CORZCore Scientific Inc New | December 31, 2025 | +75.8% | $3.4M |
| HLITHarmonic Inc | June 30, 2025 | +72.4% | $8.6M |
| ASTSAst Spacemobile Inc | December 31, 2025 | +22.3% | $2.2M |
| MXMagnachip Semiconductor Corp | June 30, 2025 | +18.8% | $473K |
| EYPTEyepoint Inc | March 31, 2026 | +10.9% | $715K |
| TEMTempus Ai Inc | December 31, 2025 | −1.9% | $1.7M |
| AVAVAerovironment Inc | December 31, 2025 | −31.8% | $2.0M |
| Liveperson IncCUSIP 538146309 | December 31, 2025 | −50.9% | $922K |
Sold off last quarter
- NEONeogenomics Inc was $1.2M
- Scorpio Tankers IncCUSIP Y7542C130 was $747K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +25.3% | +14.8% |
| March 31, 2026 | −16.6% | −4.6% |
| December 31, 2025 | −16.4% | +2.4% |
| September 30, 2025 | +10.3% | +7.8% |
| June 30, 2025 | −2.9% | +10.5% |
| March 31, 2025 | −31.4% | −4.6% |
| December 31, 2024 | −12.3% | +2.1% |
| September 30, 2024 | +6.2% | +5.4% |
| June 30, 2024 | −18.5% | +4.0% |
| March 31, 2024 | −3.6% | +10.0% |
| December 31, 2023 | +9.2% | +11.2% |
| March 31, 2023 | +0.8% | +7.0% |
| December 31, 2022 | −13.6% | +7.1% |
| September 30, 2022 | −2.2% | −5.3% |
| June 30, 2022 | −21.4% | −16.5% |
| March 31, 2022 | −7.9% | −4.9% |
| December 31, 2021 | −5.6% | +10.7% |
| September 30, 2021 | −9.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Silverback Asset Management LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1278960&type=13F-HR&dateb=&owner=include&count=40CIK 1278960
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1278960/000139834426014289/Filed August 13, 2026 · accession 0001398344-26-014289