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 1.39%
Capital Goods 2.91%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.57%
Energy 0.33%
Financial 7.67%
Healthcare
Services 56.6%
Technology 11.74%
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 40,060 39,620 9,009.01 505,550
PLATFORM SPECIALTY PRODS CORP COM 7,930 2,309 41.07 295,000
ASCENT CAP GROUP INC COM SER A 5,758 555 10.66 143,209
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,950 4,950 New 115,168
GRACO INC COM 1,983 921 86.64 27,348
GOOGLE INC CL C 1,865 534 40.11 3,493
LIBERTY INTERACTIVE CORP INT COM SER A 1,467 1,467 New 50,000
PAN AMERICAN SILVER CORP COM 1,416 1,416 New 150,000
COLFAX CORP COM 975 975 New 19,942
ORACLE CORP COM 435 435 New 10,000
ENERGY XXI LTD USD UNRS SHS 276 276 New 59,769
GOODRICH PETE CORP COM NEW 62 62 New 14,706