COURAGE CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001119376 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 14, 2015

Total Value ($000): $104,242 (87.8% shares, 12.2% debt)

Holdings (31)

QCOM Qualcomm Ord Shs 16.0%

Value ($000) $16,642 Shares 240,000 Est. Cost $53.84 Unrealized -4.1%

— American Realty 3.75% 12.2%

Value ($000) $12,724 Shares 13,000,000 Est. Cost $0.94 Unrealized —

— Platform Specialty Products Ord Shs 6.8%

Value ($000) $7,061 Shares 275,185 Est. Cost $20.27 Unrealized —

MKL Markel Ord Shs 5.3%

Value ($000) $5,570 Shares 7,244 Est. Cost $525.13 Unrealized +37.7%

— Ascent Media Ord Shs Series A 5.1%

Value ($000) $5,293 Shares 132,961 Est. Cost $73.21 Unrealized —

— Powershares QQQ trust Ser 1 5.1%

Value ($000) $5,280 Shares 50,000 Est. Cost — Unrealized —

— Scripps Networks Interactive Ord Shs Class A 4.7%

Value ($000) $4,927 Shares 71,866 Est. Cost $77.88 Unrealized —

HSY Hershey Foods Ord Shs 4.7%

Value ($000) $4,897 Shares 48,530 Est. Cost $73.49 Unrealized +9.5%

SATS EchoStar Ord Shs 4.6%

Value ($000) $4,752 Shares 91,888 Est. Cost $31.68 Unrealized +34.4%

QCOM Post Holdings Ord Shs 4.4%

Value ($000) $4,604 Shares 98,291 Est. Cost $53.84 Unrealized -4.1%

— Colfax Ord Shs 3.5%

Value ($000) $3,599 Shares 75,397 Est. Cost $48.74 Unrealized —

EBAY Ebay Ord Shs 2.9%

Value ($000) $3,057 Shares 53,000 Est. Cost $21.22 Unrealized 0.0%

— Liberty Trip Advisor Holdings Ord Shs Series A 2.7%

Value ($000) $2,864 Shares 90,086 Est. Cost $31.79 Unrealized —

— Jarden Ord Shs 2.5%

Value ($000) $2,610 Shares 49,343 Est. Cost $56.47 Unrealized —

— Liberty Ventures Ord Shs Series A 2.5%

Value ($000) $2,601 Shares 61,911 Est. Cost $37.72 Unrealized —

ORCL Oracle Ord Shs 2.4%

Value ($000) $2,546 Shares 59,000 Est. Cost $36.45 Unrealized +1.1%

— Google Inc Class C 1.8%

Value ($000) $1,914 Shares 3,493 Est. Cost $561.26 Unrealized —

— Altisource Ord Shs 1.6%

Value ($000) $1,710 Shares 132,900 Est. Cost — Unrealized —

GLD SPDR Gold Shares ETF 1.6%

Value ($000) $1,691 Shares 14,875 Est. Cost $121.51 Unrealized —

— Ocwen Finanacial Ord Shs 1.3%

Value ($000) $1,403 Shares 170,000 Est. Cost $8.25 Unrealized —

— Google Inc Class A 1.3%

Value ($000) $1,383 Shares 2,493 Est. Cost $880.47 Unrealized —

GGG Graco Ord Shs 1.2%

Value ($000) $1,302 Shares 18,047 Est. Cost $21.85 Unrealized -1.6%

FOSL Fossil Group Ord Shs 1.1%

Value ($000) $1,142 Shares 13,852 Est. Cost $92.00 Unrealized 0.0%

WMT WalMart Stores Ord Shs 1.1%

Value ($000) $1,119 Shares 238,327 Est. Cost $20.31 Unrealized +13.4%

— Home Loan Servicing Solutions Ord Shs 0.7%

Value ($000) $771 Shares 46,600 Est. Cost $16.55 Unrealized —

PRKS Seaworld Entertainment Ord Shs 0.7%

Value ($000) $753 Shares 39,052 Est. Cost $18.42 Unrealized 0.0%

— American Realty Capital Properties REIT 0.5%

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

VCIT Vanguard Scottsdale bond fund 0.5%

Value ($000) $491 Shares 5,600 Est. Cost $87.68 Unrealized —

AAPL Apple Ord Shs 0.4%

Value ($000) $450 Shares 3,613 Est. Cost $26.84 Unrealized 0.0%

— Pier 1 Imports Ord Shs 0.3%

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

— Energy XXI Ord Shs 0.2%

Value ($000) $214 Shares 58,759 Est. Cost $3.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QCOM	Qualcomm Ord Shs	240,000	$16,642	16.0%	$53.84	-4.1%	Call	747525103
—	American Realty 3.75%	13,000,000	$12,724	12.2%	$0.94	—	Bond	02917TAB0
—	Platform Specialty Products Ord Shs	275,185	$7,061	6.8%	$20.27	—	Common	72766Q105
MKL	Markel Ord Shs	7,244	$5,570	5.3%	$525.13	+37.7%	Common	570535104
—	Ascent Media Ord Shs Series A	132,961	$5,293	5.1%	$73.21	—	Common	043632108
—	Powershares QQQ trust Ser 1	50,000	$5,280	5.1%	—	—	Put	73935A104
—	Scripps Networks Interactive Ord Shs Class A	71,866	$4,927	4.7%	$77.88	—	Common	811065101
HSY	Hershey Foods Ord Shs	48,530	$4,897	4.7%	$73.49	+9.5%	Common	427866108
SATS	EchoStar Ord Shs	91,888	$4,752	4.6%	$31.68	+34.4%	Common	278768106
QCOM	Post Holdings Ord Shs	98,291	$4,604	4.4%	$53.84	-4.1%	Common	747525103
—	Colfax Ord Shs	75,397	$3,599	3.5%	$48.74	—	Common	194014106
EBAY	Ebay Ord Shs	53,000	$3,057	2.9%	$21.22	0.0%	Common	278642103
—	Liberty Trip Advisor Holdings Ord Shs Series A	90,086	$2,864	2.7%	$31.79	—	Common	531465102
—	Jarden Ord Shs	49,343	$2,610	2.5%	$56.47	—	Common	471109108
—	Liberty Ventures Ord Shs Series A	61,911	$2,601	2.5%	$37.72	—	Common	53071M880
ORCL	Oracle Ord Shs	59,000	$2,546	2.4%	$36.45	+1.1%	Common	68389X105
—	Google Inc Class C	3,493	$1,914	1.8%	$561.26	—	Common	38259P706
—	Altisource Ord Shs	132,900	$1,710	1.6%	—	—	Put	L0175J104
GLD	SPDR Gold Shares ETF	14,875	$1,691	1.6%	$121.51	—	Common	78463V107
—	Ocwen Finanacial Ord Shs	170,000	$1,403	1.3%	$8.25	—	Common	675746309
—	Google Inc Class A	2,493	$1,383	1.3%	$880.47	—	Common	38259P508
GGG	Graco Ord Shs	18,047	$1,302	1.2%	$21.85	-1.6%	Common	384109104
FOSL	Fossil Group Ord Shs	13,852	$1,142	1.1%	$92.00	0.0%	Common	34988V106
WMT	WalMart Stores Ord Shs	238,327	$1,119	1.1%	$20.31	+13.4%	Common	931142103
—	Home Loan Servicing Solutions Ord Shs	46,600	$771	0.7%	$16.55	—	Common	G6648D109
PRKS	Seaworld Entertainment Ord Shs	39,052	$753	0.7%	$18.42	0.0%	Common	81282V100
—	American Realty Capital Properties REIT	53,000	$522	0.5%	$9.85	—	Common	02917T104
VCIT	Vanguard Scottsdale bond fund	5,600	$491	0.5%	$87.68	—	ETF	92206C870
AAPL	Apple Ord Shs	3,613	$450	0.4%	$26.84	0.0%	Common	037833100
—	Pier 1 Imports Ord Shs	25,000	$350	0.3%	$14.00	—	Common	720279108
—	Energy XXI Ord Shs	58,759	$214	0.2%	$3.26	—	Common	G10082140