COURAGE CAPITAL MANAGEMENT LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 32
New Positions 1
Increased Positions 10
Decreased Positions 12
Positions with Activity 22
Sold Out Positions 8
Total Mkt Value (in $ millions) 107

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

Sector Weighting

Basic Materials 4.2%
Capital Goods 2.3%
Conglomerates 1.92%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 8.83%
Financial 13.83%
Healthcare
Services 38.65%
Technology 28.79%
Transportation 0.26%
Utilities

22 Activity Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CALLON PETE CO DEL COM 9,469 3,142 49.65 994,620
MARRIOTT INTL INC NEW CL A 9,281 1,262 15.74 165,000
ASCENT CAP GROUP INC COM SER A 8,048 63 .79 114,400
CABLEVISION SYS CORP CL A NY CABLVS 6,745 4,165 161.50 418,396
LIVE NATION ENTERTAINMENT INC COM 6,333 412 6.95 307,721
DREAMWORKS ANIMATION SKG INC CL A 4,745 -2,268 (32.34) 173,347
PAN AMERICAN SILVER CORP COM 4,501 2,899 180.94 350,000
JARDEN CORP COM 3,060 3,060 New 54,700
AMERICAN INTL GROUP INC COM NEW 3,049 762 33.33 60,000
SPDR GOLD TRUST GOLD SHS 2,183 -823 (27.39) 17,500
ZYNGA INC CL A 2,145 -2,145 (50) 500,000
GRUPO FINANCIERO SANTANDER MEX SPON ADR SHS B 2,060 -234 (10.2) 176,099
FIESTA RESTAURANT GROUP INC COM 2,025 1,039 105.40 51,350
DEX MEDIA INC NEW COM 1,316 448 51.55 170,000
ARCOS DORADOS HOLDINGS INC SHS CLASS -A - -689 Sold Out 0
AXIALL CORP COM -719 Sold Out 0
BRAVO BRIO RESTAURANT GROUP IN COM -632 Sold Out 0
COMVERSE INC COM -346 Sold Out 0
DEVRY ED GROUP INC COM -813 Sold Out 0
INTRALINKS HLDGS INC COM -4,076 Sold Out 0