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) 105

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 2.99%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.53%
Energy 0.33%
Financial 7.23%
Healthcare
Services 57.48%
Technology 11.78%
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
GOODRICH PETE CORP COM NEW 66 66 New 14,706
ENERGY XXI LTD USD UNRS SHS 284 284 New 59,769
ORACLE CORP COM 438 438 New 10,000
GOOGLE INC CL C 1,950 558 40.11 3,493
ASCENT CAP GROUP INC COM SER A 6,297 606 10.66 143,209
GRACO INC COM 2,072 962 86.64 27,348
COLFAX CORP COM 1,051 1,051 New 19,942
PAN AMERICAN SILVER CORP COM 1,451 1,451 New 150,000
LIBERTY INTERACTIVE CORP INT COM SER A 1,477 1,477 New 50,000
PLATFORM SPECIALTY PRODS CORP COM 7,605 2,214 41.07 295,000
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,627 4,627 New 115,168
WAL-MART STORES INC COM 42,431 41,965 9,009.01 505,550