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 1.42%
Capital Goods 2.97%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.1%
Energy 0.31%
Financial 7.51%
Healthcare
Services 57%
Technology 11.65%
Transportation
Utilities

13 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
POST HLDGS INC COM 6,526 -464 (6.63) 140,053
MARKEL CORP COM 5,857 -1,279 (17.93) 7,816
ECHOSTAR CORP CL A 5,668 -1,823 (24.34) 112,788
HERSHEY CO COM 4,618 -62 (1.32) 49,338
SCRIPPS NETWORKS INTERACT INC CL A COM 4,060 -124 (2.95) 57,812
JARDEN CORP COM 2,330 -32 (1.34) 45,142
DREAMWORKS ANIMATION SKG INC CL A 1,247 -2,368 (65.52) 50,000
ACXIOM CORP COM -776 Sold Out 0
CALLON PETE CO DEL COM -3,403 Sold Out 0
FIESTA RESTAURANT GROUP INC COM -1,718 Sold Out 0
METTLER TOLEDO INTERNATIONAL COM -1,288 Sold Out 0
QUALCOMM INC COM -4,105 Sold Out 0
ZYNGA INC CL A -1,853 Sold Out 0