COURAGE CAPITAL MANAGEMENT LLC Information

4400 HARDING ROAD, NASHVILLE, Tennessee, 37205, (615) 742-6280

Report Date: 12/31/2014

Position Statistics

Total Positions 27
New Positions 7
Increased Positions 12
Decreased Positions 13
Positions with Activity 25
Sold Out Positions 6
Total Mkt Value (in $ millions) 100

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

Sector Weighting

Basic Materials 1.39%
Capital Goods 2.91%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.6%
Energy 0.32%
Financial 7.73%
Healthcare
Services 56.55%
Technology 11.65%
Transportation
Utilities

27 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WAL-MART STORES INC COM 39,372 38,940 9,009.01 505,550
PLATFORM SPECIALTY PRODS CORP COM 7,879 2,294 41.07 295,000
POST HLDGS INC COM 6,683 -475 (6.63) 140,053
MARKEL CORP COM 6,030 -1,317 (17.93) 7,816
ECHOSTAR CORP CL A 5,757 -1,852 (24.34) 112,788
ASCENT CAP GROUP INC COM SER A 5,734 552 10.66 143,209
HERSHEY CO COM 4,947 -66 (1.32) 49,338
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,896 4,896 New 115,168
SCRIPPS NETWORKS INTERACT INC CL A COM 3,964 -121 (2.95) 57,812
JARDEN CORP COM 2,342 -32 (1.34) 45,142
GRACO INC COM 1,951 906 86.64 27,348
GOOGLE INC CL C 1,831 524 40.11 3,493
SPDR GOLD TRUST GOLD SHS 1,720 New 14,875
LIBERTY INTERACTIVE CORP INT COM SER A 1,440 1,440 New 50,000
PAN AMERICAN SILVER CORP COM 1,394 1,394 New 150,000
GOOGLE INC CL A 1,328 New 2,493
DREAMWORKS ANIMATION SKG INC CL A 1,298 -2,465 (65.52) 50,000
COLFAX CORP COM 964 964 New 19,942
ORACLE CORP COM 430 430 New 10,000
ENERGY XXI LTD USD UNRS SHS 257 257 New 59,769