COURAGE CAPITAL MANAGEMENT LLC Information

4400 HARDING ROAD, NASHVILLE, Tennessee, 37205, (615) 742-6280

Report Date: 03/31/2013

Position Statistics:

Total Positions 44
New Positions 9
Increased Positions 17
Decreased Positions 20
Positions with Activity 37
Sold Out Positions 12
Total Mkt Value
(in $ millions)
121

Sector Weighting

Basic Materials 0%
Capital Goods 5.01%
Conglomerates
Consumer Cyclical 6.16%
Consumer/Non-Cyclical
Energy 0%
Financial 16.58%
Healthcare 2.62%
Services 34.4%
Technology 35.23%
Transportation 0%
Utilities

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

17 INCREASED Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
GOOGLE INC CL A 2,777 540 24.16 3,083
VODAFONE GROUP PLC NEW SPONS ADR NEW 545 545 New 19,000
SILVER BAY RLTY TR CORP COM 711 711 New 42,600
KOPIN CORP COM 186 186 New 50,000
BRAVO BRIO RESTAURANT GROUP IN COM 1,065 1,065 New 56,000
ASCENT CAP GROUP INC COM SER A 6,072 470 8.39 81,295
SANDISK CORP COM 5,863 3,448 142.82 93,000
COLFAX CORP COM 5,372 5,372 New 100,888
LENDER PROCESSING SVCS INC COM 3,389 3,389 New 105,000
MARVELL TECHNOLOGY GROUP LTD ORD 1,504 1,504 New 130,000
SUNTRUST BKS INC COM 4,445 340 8.29 140,000
DREAMWORKS ANIMATION SKG INC CL A 6,740 729 12.13 277,245
CABLEVISION SYS CORP CL A NY CABLVS 5,049 5,049 New 330,000
LIVE NATION ENTERTAINMENT INC COM 6,200 182 3.03 400,000
PENNEY J C INC COM 7,012 2,191 45.46 400,000
EARTHLINK INC COM 2,513 2,513 New 402,152
ECHOSTAR CORP CL A 17,838 2,366 15.29 446,290