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) 104

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

Sector Weighting

Basic Materials 1.36%
Capital Goods 2.99%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.56%
Energy 0.31%
Financial 7.27%
Healthcare
Services 57.11%
Technology 11.83%
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
COLFAX CORP COM 1,033 1,033 New 19,942
ENERGY XXI LTD USD UNRS SHS 268 268 New 59,769
GOODRICH PETE CORP COM NEW 58 58 New 14,706
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,615 4,615 New 115,168
LIBERTY INTERACTIVE CORP INT COM SER A 1,480 1,480 New 50,000
ORACLE CORP COM 436 436 New 10,000
PAN AMERICAN SILVER CORP COM 1,416 1,416 New 150,000
ASCENT CAP GROUP INC COM SER A 6,106 588 10.66 143,209
GOOGLE INC CL C 2,003 573 40.11 3,493
PLATFORM SPECIALTY PRODS CORP COM 7,847 2,285 41.07 295,000
GRACO INC COM 2,070 961 86.64 27,348
WAL-MART STORES INC COM 41,748 41,290 9,009.01 505,550