SILVERBACK ASSET MANAGEMENT LLC Information

1414 RALEIGH ROAD, CHAPEL HILL, North Carolina, 27517, (919) 969-9300

Report Date: 12/31/2013

Position Statistics

Total Positions 21
New Positions 4
Increased Positions 8
Decreased Positions 11
Positions with Activity 19
Sold Out Positions 6
Total Mkt Value (in $ millions) 35

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 2.86%
Capital Goods
Conglomerates
Consumer Cyclical 33.44%
Consumer/Non-Cyclical 0%
Energy 7.67%
Financial 20.54%
Healthcare 19.43%
Services 4.11%
Technology 2.45%
Transportation
Utilities 9.5%

21 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GENERAL MTRS CO WT EXP 071016 11,791 -14,160 (54.56) 499,628
AMERICAN EQTY INVT LIFE HLD CO COM 5,688 5,688 New 250,000
HOLOGIC INC COM 3,474 -1,055 (23.29) 164,700
KINDER MORGAN INC DEL WT EXP 052517 3,350 1 .03 1,914,000
CHENIERE ENERGY INC COM NEW 2,584 -5,242 (66.98) 47,600
CUBIST PHARMACEUTICALS INC CONT VAL RT 13 1,783 1,783 New 2,700,945
CITIGROUP INC WT EXP 010419 1,482 299 25.26 2,352,081
PENNEY J C INC COM 1,450 -2,900 (66.67) 200,000
SANOFI CONTGNT VAL RT 1,119 339 43.45 2,163,509
MOLYCORP INC DEL COM 1,010 932 1,197.61 216,700
VRINGO INC COM 862 New 229,968
ADVAXIS INC COM NEW 380 380 New 150,000
BPZ RESOURCES INC COM 120 -17 (12.11) 44,735
ADVAXIS INC WT EXP 071518 96 96 New 112,500
CITIGROUP INC WT EXP 102818 72 New 1,793,300
ARCHER DANIELS MIDLAND CO COM -21,011 Sold Out 0
COMMUNITY HEALTH SYS INC NEW COM -347 Sold Out 0
CUBIST PHARMACEUTICALS INC COM -6,319 Sold Out 0
ISTAR FINL INC COM -5,636 Sold Out 0
PROTALIX BIOTHERAPEUTICS INC COM -1,173 Sold Out 0