Silverback Asset Management

Silverback Asset Management as of March 31, 2013

Portfolio Holdings for Silverback Asset Management

Silverback Asset Management holds 67 positions in its portfolio as reported in the March 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Liberty Media Corp New deb 3.125% 3/3 8.0 $150M 92M 1.63
General Mtrs Co *w exp 07/10/201 7.3 $136M 4.9M 27.82
Sba Communications Corp note 1.875% 5/0 6.3 $119M 69M 1.72
Citigroup Inc Com Us cmn 6.3 $119M 2.7M 44.24
Virgin Media Inc note 6.500%11/1 5.5 $104M 40M 2.62
Kinder Morgan Inc/delaware Wts 4.6 $86M 2.2M 38.68
Citigroup Inc *w exp 10/28/201 4.2 $79M 1.8M 44.24
Incyte Corp note 4.750%10/0 3.5 $66M 24M 2.70
Medtronic Inc note 1.625% 4/1 3.1 $58M 58M 1.00
Cadence Design Sys Cvt 2.625 6 convert 2.8 $53M 28M 1.88
Molson Coors Brewing Co note 2.500% 7/3 2.8 $52M 50M 1.03
Spdr S&p 500 Etf (SPY) 2.5 $47M 300k 156.67
Time Warner Telecom Inc dbcv 2.375% 4/0 2.4 $45M 33M 1.35
Cemex Sab De Cv conv bnd 2.1 $40M 30M 1.33
Exterran Hldgs Inc note 4.250% 6/1 2.1 $40M 31M 1.27
Alere 2.0 $38M 160k 239.60
Archer Daniels Midland Co note 0.875% 2/1 1.9 $35M 35M 1.01
Endo Pharmaceuticals Hldgs I note 1.750% 4/1 1.8 $33M 28M 1.20
Covanta Holding Conv conv bnd 1.8 $33M 26M 1.30
Holx 2 12/15/43 1.8 $33M 31M 1.05
Notes Gencorp Inc. 4.0625% dbcv 1.6 $31M 20M 1.56
Stillwater Mng Co note 1.750%10/1 1.6 $30M 26M 1.19
On Semiconductor Corp note 2.625%12/1 1.6 $30M 29M 1.04
TAKE-TWO INTER CONVERTIBLE security 1.4 $27M 18M 1.55
Chemed Corp New note 1.875% 5/1 1.2 $23M 21M 1.10
Vector Group Ltd frnt 1/1 1.1 $20M 17M 1.16
Tyson Foods Inc note 3.250%10/1 1.0 $19M 13M 1.49
Central European Media sr nt cv 5%15 1.0 $18M 19M 0.96
Boston Pptys Ltd Partnership note 3.750% 5/1 1.0 $18M 18M 1.03
L-3 Communications Corp debt 3.000% 8/0 0.9 $17M 17M 1.01
RF MICRO DEVICE CONVERTIBLE security 0.9 $17M 17M 1.00
Usec Inc note 3.000%10/0 0.9 $17M 47M 0.35
Jakks Pac Inc note 4.500%11/0 0.9 $16M 16M 0.98
Comtech Telecommunications Cor conv 0.8 $16M 15M 1.02
Mcmoran Exploration Co note 5.250%10/0 0.8 $16M 15M 1.03
Microsoft Corporation (MSFT) 0.8 $14M 500k 28.61
E M C Corp Mass note 1.750%12/0 0.7 $14M 9.3M 1.49
Navistar Intl Corp New note 3.000%10/1 0.7 $14M 14M 1.02
Bpz Resources Inc bond 0.7 $14M 16M 0.86
Solarfun Power Hldgs Conv dbcv 0.7 $14M 15M 0.89
Green Plains Renewable E note 0.6 $11M 9.9M 1.11
Arris Group Inc note 2.000%11/1 0.5 $10M 8.9M 1.13
Goodrich Pete Corp note 5.000%10/0 0.5 $10M 10M 0.99
Cno Financial Group Inc 7 12-1 convert 0.5 $9.5M 4.5M 2.12
Netapp Inc note 1.750% 6/0 0.5 $8.7M 8.0M 1.09
Hornbeck Offshore Svcs Inc N frnt 1.625%11/1 0.4 $8.1M 7.5M 1.08
Molycorp Inc Del....... Note 6.0% 9/1/17 0.4 $7.6M 11M 0.71
Suntech Pwr Hldgs Co Ltd note 3.000% 3/1 0.4 $7.4M 25M 0.30
Dendreon Corp note 0.3 $6.5M 8.4M 0.78
Auxilium Pharmaceuticals note 0.3 $5.1M 5.0M 1.01
J.C. Penney Company 0.3 $4.8M 320k 15.11
James River Coal 4.5% 2015 conv 0.2 $4.4M 13M 0.33
McMoRan Exploration 0.2 $4.3M 260k 16.35
Molycorp Inc conv bnd 0.2 $4.3M 6.9M 0.62
James River Coal Co note 3.125% 3/1 0.2 $4.1M 20M 0.20
Endeavor Intl Corp note 5.500% 7/1 0.2 $3.7M 6.0M 0.61
Charles Riv Labs Intl Inc note 2.250% 6/1 0.2 $3.1M 3.1M 1.01
Exelixis Inc cnv 0.2 $3.0M 3.0M 1.00
Nuance Communications 0.1 $2.8M 140k 20.18
Bgc Partners, Inc. note 4.500% 7/1 0.1 $2.8M 2.8M 1.00
Gevo Inc note 7.500% 0.1 $2.5M 3.9M 0.64
Molycorp Inc Del note 5.500% 2/0 0.1 $1.8M 2.0M 0.91
iStar Financial 0.1 $1.1M 100k 10.89
Meritor 0.0 $712k 150k 4.73
Vringo 0.0 $634k 200k 3.17
Vringo 0.0 $317k 100k 3.17
BPZ Resources 0.0 $116k 51k 2.28