Silverback Asset Management 13F annual report
Silverback Asset Management is an investment fund managing more than $78.4 billion ran by Elliot Bossen. There are currently 16 companies in Mr. Bossen’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Harmonic, together worth $64.7 billion.
$78.4 billion Assets Under Management (AUM)
As of 7th August 2024, Silverback Asset Management’s top holding is 100,000 shares of Spdr S&p 500 Etf Tr currently worth over $54.4 billion and making up 69.4% of the portfolio value.
In addition, the fund holds 874,512 shares of Harmonic worth $10.3 billion, whose value fell 3.6% in the past six months.
The third-largest holding is Noble Corp Plc worth $3.04 billion and the next is RumbleON Inc worth $2.44 billion, with 593,994 shares owned.
Currently, Silverback Asset Management's portfolio is worth at least $78.4 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Silverback Asset Management
The Silverback Asset Management office and employees reside in Chapel Hill, North Carolina. According to the last 13-F report filed with the SEC, Elliot Bossen serves as the Managing Member at Silverback Asset Management.
Recent trades
In the most recent 13F filing, Silverback Asset Management revealed that it had opened a new position in
Spdr S&p 500 Etf Tr and bought 100,000 shares worth $54.4 billion.
On the other hand, there are companies that Silverback Asset Management is getting rid of from its portfolio.
Silverback Asset Management closed its position in Adtheorent Holding Company on 14th August 2024.
It sold the previously owned 27,191 shares for $87.3 million.
Elliot Bossen also disclosed a decreased stake in Harmonic by approximately 0.1%.
This leaves the value of the investment at $10.3 billion and 874,512 shares.
One of the smallest hedge funds
The two most similar investment funds to Silverback Asset Management are Swisspartners and Isam Funds (uk) Ltd. They manage $78.4 billion and $78.5 billion respectively.
Elliot Bossen investment strategy
Silverback Asset Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 15.9% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $909 million.
The complete list of Silverback Asset Management trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
Opened
100,000
|
$54,422,000,000 | 69.40% |
| Harmonic, Inc. |
0.56%
874,512
|
$10,293,006,000 | 13.13% |
| Noble Corp Plc |
12.56%
66,900
|
$3,042,898,000 | 3.88% |
| RumbleON Inc |
10.87%
593,994
|
$2,435,375,000 | 3.11% |
| The Realreal Inc |
No change
729,941
|
$2,328,512,000 | 2.97% |
| Valaris Ltd |
No change
27,500
|
$2,048,750,000 | 2.61% |
| Avadel Pharmaceuticals plc |
Opened
100,000
|
$1,406,000,000 | 1.79% |
| MagnaChip Semiconductor Corp |
No change
220,000
|
$1,071,400,000 | 1.37% |
| Veritone Inc |
0.06%
324,722
|
$733,872,000 | 0.94% |
| Akoustis Technologies Inc |
40.13%
2,537,400
|
$334,176,000 | 0.43% |
| Inotiv Inc |
Opened
70,700
|
$117,362,000 | 0.15% |
| Adtheorent Holding Company |
Closed
27,191
|
$87,283,000 | |
| Standard BioTools Inc |
74.99%
31,258
|
$55,327,000 | 0.07% |
| Airship Ai Hldgs Inc |
No change
12,500
|
$44,875,000 | 0.06% |
| Danimer Scientific, Inc. |
Opened
57,000
|
$34,200,000 | 0.04% |
| Vroom Inc. |
No change
3,123
|
$29,106,000 | 0.04% |
| Zapp Elec Vehs Group Ltd |
Opened
7,961
|
$16,081,000 | 0.02% |
| Quadro Acquisition One Corp |
Closed
366
|
$4,015,000 | |
| Zapp Elec Vehs Group Ltd |
Closed
7,961
|
$1,990,000 | |
| No transactions found | |||
| Showing first 500 out of 19 holdings | |||
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