SILVERBACK ASSET MANAGEMENT LLC recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
1414 Raleigh Road Chapel Hill, NC 27517
As of the latest 13F report, the guru’s equity portfolio contained 41 stocks valued at a total of $228.00Mil. The top holdings were RMBL(3.81%), AKTS(2.40%), and MX(1.31%).
According to GuruFocus data, these were SILVERBACK ASSET MANAGEMENT LLC’s top five trades of the quarter.
S&P 500 ETF TRUST ETF
The guru sold out of their 210,000-share investment in ARCA:SPY. Previously, the stock had a 69.89% weight in the equity portfolio. Shares traded for an average price of $408.8 during the quarter.
On 08/16/2022, S&P 500 ETF TRUST ETF traded for a price of $428.86 per share and a market cap of $394.50Bil. The stock has returned -2.46% over the past year.
GuruFocus gives the ETF a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, S&P 500 ETF TRUST ETF has a price-earnings ratio of 20.29, a price-book ratio of 3.87, a price-earnings-to-growth (PEG) ratio of 2.44, a EV-to-Ebitda ratio of 15.24 and a price-sales ratio of 3.02.
The price-to-GF Value ratio is 0.00, earning the stock a GF Value rank of 6.
Lucid Group Inc
SILVERBACK ASSET MANAGEMENT LLC reduced their investment in NAS:LCID by 278,600 shares. The trade had a 5.22% impact on the equity portfolio. During the quarter, the stock traded for an average price of $19.11.
On 08/16/2022, Lucid Group Inc traded for a price of $18.76 per share and a market cap of $31.38Bil. The stock has returned -20.10% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Lucid Group Inc has a price-book ratio of 8.46, a EV-to-Ebitda ratio of -17.00 and a price-sales ratio of 172.10.
RumbleON Inc
During the quarter, SILVERBACK ASSET MANAGEMENT LLC bought 270,833 shares of NAS:RMBL for a total holding of 589,495. The trade had a 1.75% impact on the equity portfolio. During the quarter, the stock traded for an average price of $19.78.
On 08/16/2022, RumbleON Inc traded for a price of $26.31 per share and a market cap of $421.04Mil. The stock has returned -26.41% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 2 out of 10.
In terms of valuation, RumbleON Inc has a price-book ratio of 0.87, a EV-to-Ebitda ratio of 17.41 and a price-sales ratio of 0.20.
The price-to-GF Value ratio is 1.82, earning the stock a GF Value rank of 1.
ServiceSource International Inc
The guru sold out of their 1,262,854-share investment in NAS:SREV. Previously, the stock had a 1.21% weight in the equity portfolio. Shares traded for an average price of $1.33 during the quarter.
On 08/16/2022, ServiceSource International Inc traded for a price of $1.5 per share and a market cap of $150.36Mil. The stock has returned 6.38% over the past year.
GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, ServiceSource International Inc has a price-book ratio of 2.31, a EV-to-Ebitda ratio of 11.09 and a price-sales ratio of 0.74.
The price-to-GF Value ratio is 1.15, earning the stock a GF Value rank of 3.
Akoustis Technologies Inc
During the quarter, SILVERBACK ASSET MANAGEMENT LLC bought 250,000 shares of NAS:AKTS for a total holding of 1,475,000. The trade had a 0.41% impact on the equity portfolio. During the quarter, the stock traded for an average price of $4.46.
On 08/16/2022, Akoustis Technologies Inc traded for a price of $5.2 per share and a market cap of $291.01Mil. The stock has returned -40.57% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 1 out of 10.
In terms of valuation, Akoustis Technologies Inc has a price-book ratio of 2.61, a EV-to-Ebitda ratio of -4.97 and a price-sales ratio of 22.50.
The price-to-GF Value ratio is 0.12, earning the stock a GF Value rank of 2.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!
This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.
