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 1.44%
Capital Goods 2.97%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.11%
Energy 0.3%
Financial 7.57%
Healthcare
Services 56.96%
Technology 11.67%
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 ▲
GOOGLE INC CL C 1,854 531 40.11 3,493
ORACLE CORP COM 439 439 New 10,000
GOODRICH PETE CORP COM NEW 52 52 New 14,706
COLFAX CORP COM 993 993 New 19,942
GRACO INC COM 1,975 917 86.64 27,348
LIBERTY INTERACTIVE CORP INT COM SER A 1,428 1,428 New 50,000
ENERGY XXI LTD USD UNRS SHS 243 243 New 59,769
LIBERTY INTERACTIVE CORP LBT VENT COM A 4,877 4,877 New 115,168
ASCENT CAP GROUP INC COM SER A 5,734 552 10.66 143,209
PAN AMERICAN SILVER CORP COM 1,437 1,437 New 150,000
PLATFORM SPECIALTY PRODS CORP COM 7,968 2,320 41.07 295,000
WAL-MART STORES INC COM 39,499 39,065 9,009.01 505,550