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) 102

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

Sector Weighting

Basic Materials 1.35%
Capital Goods 2.85%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.52%
Energy 0.26%
Financial 7.57%
Healthcare
Services 57.3%
Technology 11.7%
Transportation
Utilities

12 INCREASED 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 41,126 40,675 9,009.01 505,550
PLATFORM SPECIALTY PRODS CORP COM 7,570 2,204 41.07 295,000
ASCENT CAP GROUP INC COM SER A 5,705 549 10.66 143,209
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,786 4,786 New 115,168
GRACO INC COM 1,945 903 86.64 27,348
GOOGLE INC CL C 1,915 548 40.11 3,493
LIBERTY INTERACTIVE CORP INT COM SER A 1,448 1,448 New 50,000
PAN AMERICAN SILVER CORP COM 1,370 1,370 New 150,000
COLFAX CORP COM 951 951 New 19,942
ORACLE CORP COM 426 426 New 10,000
ENERGY XXI LTD USD UNRS SHS 217 217 New 59,769
GOODRICH PETE CORP COM NEW 48 48 New 14,706