COURAGE CAPITAL MANAGEMENT LLC Diversified Active

Location: Nashville, TN

CIK: 0001119376 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 14, 2015

Total Value: $104M (87.8% shares, 12.2% debt)

Holdings (31)

QCOM Qualcomm Ord Shs 16.0%

Value $16.64M Shares 240,000 Est. Cost $53.84 Unrealized -4.1%

— American Realty 3.75% 12.2%

Value $12.72M Shares 13,000,000 Est. Cost $0.94 Unrealized —

— Platform Specialty Products Ord Shs 6.8%

Value $7.061M Shares 275,185 Est. Cost $20.27 Unrealized —

MKL Markel Ord Shs 5.3%

Value $5.57M Shares 7,244 Est. Cost $525.13 Unrealized +37.7%

— Ascent Media Ord Shs Series A 5.1%

Value $5.293M Shares 132,961 Est. Cost $73.21 Unrealized —

— Powershares QQQ trust Ser 1 5.1%

Value $5.28M Shares 50,000 Est. Cost — Unrealized —

— Scripps Networks Interactive Ord Shs Class A 4.7%

Value $4.927M Shares 71,866 Est. Cost $77.88 Unrealized —

HSY Hershey Foods Ord Shs 4.7%

Value $4.897M Shares 48,530 Est. Cost $73.49 Unrealized +9.5%

SATS EchoStar Ord Shs 4.6%

Value $4.752M Shares 91,888 Est. Cost $31.68 Unrealized +34.4%

QCOM Post Holdings Ord Shs 4.4%

Value $4.604M Shares 98,291 Est. Cost $53.84 Unrealized -4.1%

— Colfax Ord Shs 3.5%

Value $3.599M Shares 75,397 Est. Cost $48.74 Unrealized —

EBAY Ebay Ord Shs 2.9%

Value $3.057M Shares 53,000 Est. Cost $21.22 Unrealized 0.0%

— Liberty Trip Advisor Holdings Ord Shs Series A 2.7%

Value $2.864M Shares 90,086 Est. Cost $31.79 Unrealized —

— Jarden Ord Shs 2.5%

Value $2.61M Shares 49,343 Est. Cost $56.47 Unrealized —

— Liberty Ventures Ord Shs Series A 2.5%

Value $2.601M Shares 61,911 Est. Cost $37.72 Unrealized —

ORCL Oracle Ord Shs 2.4%

Value $2.546M Shares 59,000 Est. Cost $36.45 Unrealized +1.1%

— Google Inc Class C 1.8%

Value $1.914M Shares 3,493 Est. Cost $561.26 Unrealized —

— Altisource Ord Shs 1.6%

Value $1.71M Shares 132,900 Est. Cost — Unrealized —

GLD SPDR Gold Shares ETF 1.6%

Value $1.691M Shares 14,875 Est. Cost $121.51 Unrealized —

— Ocwen Finanacial Ord Shs 1.3%

Value $1.403M Shares 170,000 Est. Cost $8.25 Unrealized —

— Google Inc Class A 1.3%

Value $1.383M Shares 2,493 Est. Cost $880.47 Unrealized —

GGG Graco Ord Shs 1.2%

Value $1.302M Shares 18,047 Est. Cost $21.85 Unrealized -1.6%

FOSL Fossil Group Ord Shs 1.1%

Value $1.142M Shares 13,852 Est. Cost $92.00 Unrealized 0.0%

WMT WalMart Stores Ord Shs 1.1%

Value $1.119M Shares 238,327 Est. Cost $20.31 Unrealized +13.4%

— Home Loan Servicing Solutions Ord Shs 0.7%

Value $771K Shares 46,600 Est. Cost $16.55 Unrealized —

PRKS Seaworld Entertainment Ord Shs 0.7%

Value $753K Shares 39,052 Est. Cost $18.42 Unrealized 0.0%

— American Realty Capital Properties REIT 0.5%

Value $522K Shares 53,000 Est. Cost $9.85 Unrealized —

VCIT Vanguard Scottsdale bond fund 0.5%

Value $491K Shares 5,600 Est. Cost $87.68 Unrealized —

AAPL Apple Ord Shs 0.4%

Value $450K Shares 3,613 Est. Cost $26.84 Unrealized 0.0%

— Pier 1 Imports Ord Shs 0.3%

Value $350K Shares 25,000 Est. Cost $14.00 Unrealized —

— Energy XXI Ord Shs 0.2%

Value $214K Shares 58,759 Est. Cost $3.26 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QCOM	Qualcomm Ord Shs	240,000	$16.64M	16.0%	$53.84	-4.1%	Call	747525103
—	American Realty 3.75%	13,000,000	$12.72M	12.2%	$0.94	—	Bond	02917TAB0
—	Platform Specialty Products Ord Shs	275,185	$7.061M	6.8%	$20.27	—	Common	72766Q105
MKL	Markel Ord Shs	7,244	$5.57M	5.3%	$525.13	+37.7%	Common	570535104
—	Ascent Media Ord Shs Series A	132,961	$5.293M	5.1%	$73.21	—	Common	043632108
—	Powershares QQQ trust Ser 1	50,000	$5.28M	5.1%	—	—	Put	73935A104
—	Scripps Networks Interactive Ord Shs Class A	71,866	$4.927M	4.7%	$77.88	—	Common	811065101
HSY	Hershey Foods Ord Shs	48,530	$4.897M	4.7%	$73.49	+9.5%	Common	427866108
SATS	EchoStar Ord Shs	91,888	$4.752M	4.6%	$31.68	+34.4%	Common	278768106
QCOM	Post Holdings Ord Shs	98,291	$4.604M	4.4%	$53.84	-4.1%	Common	747525103
—	Colfax Ord Shs	75,397	$3.599M	3.5%	$48.74	—	Common	194014106
EBAY	Ebay Ord Shs	53,000	$3.057M	2.9%	$21.22	0.0%	Common	278642103
—	Liberty Trip Advisor Holdings Ord Shs Series A	90,086	$2.864M	2.7%	$31.79	—	Common	531465102
—	Jarden Ord Shs	49,343	$2.61M	2.5%	$56.47	—	Common	471109108
—	Liberty Ventures Ord Shs Series A	61,911	$2.601M	2.5%	$37.72	—	Common	53071M880
ORCL	Oracle Ord Shs	59,000	$2.546M	2.4%	$36.45	+1.1%	Common	68389X105
—	Google Inc Class C	3,493	$1.914M	1.8%	$561.26	—	Common	38259P706
—	Altisource Ord Shs	132,900	$1.71M	1.6%	—	—	Put	L0175J104
GLD	SPDR Gold Shares ETF	14,875	$1.691M	1.6%	$121.51	—	Common	78463V107
—	Ocwen Finanacial Ord Shs	170,000	$1.403M	1.3%	$8.25	—	Common	675746309
—	Google Inc Class A	2,493	$1.383M	1.3%	$880.47	—	Common	38259P508
GGG	Graco Ord Shs	18,047	$1.302M	1.2%	$21.85	-1.6%	Common	384109104
FOSL	Fossil Group Ord Shs	13,852	$1.142M	1.1%	$92.00	0.0%	Common	34988V106
WMT	WalMart Stores Ord Shs	238,327	$1.119M	1.1%	$20.31	+13.4%	Common	931142103
—	Home Loan Servicing Solutions Ord Shs	46,600	$771K	0.7%	$16.55	—	Common	G6648D109
PRKS	Seaworld Entertainment Ord Shs	39,052	$753K	0.7%	$18.42	0.0%	Common	81282V100
—	American Realty Capital Properties REIT	53,000	$522K	0.5%	$9.85	—	Common	02917T104
VCIT	Vanguard Scottsdale bond fund	5,600	$491K	0.5%	$87.68	—	ETF	92206C870
AAPL	Apple Ord Shs	3,613	$450K	0.4%	$26.84	0.0%	Common	037833100
—	Pier 1 Imports Ord Shs	25,000	$350K	0.3%	$14.00	—	Common	720279108
—	Energy XXI Ord Shs	58,759	$214K	0.2%	$3.26	—	Common	G10082140