COURAGE CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001119376 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 14, 2014

Total Value ($000): $183,952 (90.2% shares, 9.8% debt)

Holdings (24)

IWM Ishares Russell 2000 Index ETF 43.0%

Value ($000) $79,111 Shares 680,000 Est. Cost — Unrealized —

— Goodrich Petroleum Corp 5% 9.8%

Value ($000) $18,091 Shares 17,500,000 Est. Cost $1.06 Unrealized —

SATS EchoStar Ord Shs 6.4%

Value ($000) $11,812 Shares 248,357 Est. Cost $31.68 Unrealized +24.8%

— Ascent Media Ord Shs Series A 4.1%

Value ($000) $7,591 Shares 100,478 Est. Cost $78.55 Unrealized —

— Callon Petroleum Ord Shs 4.1%

Value ($000) $7,488 Shares 894,620 Est. Cost $5.82 Unrealized —

MKL Markel Ord Shs 3.8%

Value ($000) $6,901 Shares 11,577 Est. Cost $523.62 Unrealized +8.8%

MAR Marriott International Ord Shs 3.7%

Value ($000) $6,783 Shares 121,090 Est. Cost $37.08 Unrealized +23.8%

— Platform Specialty Products Ord Shs 3.3%

Value ($000) $6,146 Shares 322,599 Est. Cost $19.05 Unrealized —

— Dreamworks Animation SKG Ord Shs Class A 3.0%

Value ($000) $5,519 Shares 207,882 Est. Cost $25.81 Unrealized —

— Cablevision Systems Ord Shs Class A 2.9%

Value ($000) $5,378 Shares 318,768 Est. Cost $17.51 Unrealized —

WRLD World Acceptance Ord Shs 2.9%

Value ($000) $5,256 Shares 70,000 Est. Cost — Unrealized —

GLD SPDR Gold Shares ETF 2.5%

Value ($000) $4,635 Shares 37,500 Est. Cost $121.51 Unrealized —

LYV Live Nation Entertainment Ord Shs 1.9%

Value ($000) $3,493 Shares 160,575 Est. Cost $13.92 Unrealized +56.1%

— Google Inc 1.5%

Value ($000) $2,778 Shares 2,493 Est. Cost $880.47 Unrealized —

QCOM Qualcomm Ord Shs 1.4%

Value ($000) $2,524 Shares 32,000 Est. Cost $45.06 Unrealized +19.9%

— Jarden When Issued 1.1%

Value ($000) $2,092 Shares 34,961 Est. Cost $61.35 Unrealized —

— Grupo Financiero Santander Mexico ADR Ord Shs Series B 1.1%

Value ($000) $2,088 Shares 169,890 Est. Cost $13.82 Unrealized —

AIG American International Group Ord Shs 1.0%

Value ($000) $1,837 Shares 36,739 Est. Cost $34.75 Unrealized +8.9%

CRMT America's Car-Mart Ord Shs 0.8%

Value ($000) $1,398 Shares 38,137 Est. Cost $45.33 Unrealized -15.4%

MCD McDonald's Ord Shs 0.5%

Value ($000) $908 Shares 9,259 Est. Cost $70.27 Unrealized 0.0%

— Fiesta Restaurant Group Ord Shs 0.4%

Value ($000) $757 Shares 16,612 Est. Cost $45.14 Unrealized —

— Dex Media Ord Shs 0.4%

Value ($000) $736 Shares 80,000 Est. Cost $13.90 Unrealized —

WMT WalMart Stores Ord Shs 0.2%

Value ($000) $424 Shares 5,550 Est. Cost $19.98 Unrealized -0.4%

— Era Group Ord Shs 0.1%

Value ($000) $206 Shares 7,024 Est. Cost $26.77 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	Ishares Russell 2000 Index ETF	680,000	$79,111	43.0%	—	—	Put	464287655
—	Goodrich Petroleum Corp 5%	17,500,000	$18,091	9.8%	$1.06	—	Bond	382410AG3
SATS	EchoStar Ord Shs	248,357	$11,812	6.4%	$31.68	+24.8%	Common	278768106
—	Ascent Media Ord Shs Series A	100,478	$7,591	4.1%	$78.55	—	Common	043632108
—	Callon Petroleum Ord Shs	894,620	$7,488	4.1%	$5.82	—	Common	13123X102
MKL	Markel Ord Shs	11,577	$6,901	3.8%	$523.62	+8.8%	Common	570535104
MAR	Marriott International Ord Shs	121,090	$6,783	3.7%	$37.08	+23.8%	Common	571903202
—	Platform Specialty Products Ord Shs	322,599	$6,146	3.3%	$19.05	—	Common	72766Q105
—	Dreamworks Animation SKG Ord Shs Class A	207,882	$5,519	3.0%	$25.81	—	Common	26153C103
—	Cablevision Systems Ord Shs Class A	318,768	$5,378	2.9%	$17.51	—	Common	12686C109
WRLD	World Acceptance Ord Shs	70,000	$5,256	2.9%	—	—	Put	981419104
GLD	SPDR Gold Shares ETF	37,500	$4,635	2.5%	$121.51	—	Gold ETF	78463V107
LYV	Live Nation Entertainment Ord Shs	160,575	$3,493	1.9%	$13.92	+56.1%	Common	538034109
—	Google Inc	2,493	$2,778	1.5%	$880.47	—	Common	38259P508
QCOM	Qualcomm Ord Shs	32,000	$2,524	1.4%	$45.06	+19.9%	Common	747525103
—	Jarden When Issued	34,961	$2,092	1.1%	$61.35	—	Common	471109108
—	Grupo Financiero Santander Mexico ADR Ord Shs Series B	169,890	$2,088	1.1%	$13.82	—	Common	40053C105
AIG	American International Group Ord Shs	36,739	$1,837	1.0%	$34.75	+8.9%	Common	026874784
CRMT	America's Car-Mart Ord Shs	38,137	$1,398	0.8%	$45.33	-15.4%	Common	03062T105
MCD	McDonald's Ord Shs	9,259	$908	0.5%	$70.27	0.0%	Common	580135101
—	Fiesta Restaurant Group Ord Shs	16,612	$757	0.4%	$45.14	—	Common	31660B101
—	Dex Media Ord Shs	80,000	$736	0.4%	$13.90	—	Common	25213A107
WMT	WalMart Stores Ord Shs	5,550	$424	0.2%	$19.98	-0.4%	Common	931142103
—	Era Group Ord Shs	7,024	$206	0.1%	$26.77	—	Common	26885G109