COURAGE CAPITAL MANAGEMENT LLC

Q1 2014 13F-HR Holdings

Location
Nashville, TN
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
24
Total value ($000)
$183,952
Net value change ($000)
-101,693 (-35.6%)
New positions
2
Sold out positions
4
Turnover %
20.0%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PLATFORM SPECIALTY PRODS COR 6,146 NEW
GLD 2,603 128.1%
Callon Petroleum Co 993 15.3%
MCD 908 NEW
QCOM 148 6.2%
Top Reduces (Value $000, Stocks/ETFs)
SATS -8,880 -42.9%
PAAS -4,095 -100.0%
CRMT -3,017 -68.3%
LYV -2,588 -42.6%
NOV -2,386 -100.0%
Ascent Capital Group, Inc. -2,197 -22.4%
CABLEVISION -2,124 -28.3%
MKL -2,094 -23.3%
Fiesta Restaurant Group, Inc. -1,926 -71.8%
ZYNGA INC -1,900 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 84,367 (45.9% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type