COURAGE CAPITAL MANAGEMENT LLC
NASHVILLE, TN · CIK 1119376 · 13F filing filed 2023-02-14
SEC-registered investment adviser since 2004 · limited liability company
- Assets managed$1.4bn
- Staff23 · 14 in investment roles
- Main clients (by assets)Private funds 99%, Charities 1%
- Private funds7 (1 hedge) · $1.4bn gross assets
- Websitecouragecap.com
- Form ADV · 2026-03-30SEC adviser record
- Legal entityCourage Capital Management, LLC (US)
$35.6m
reported value
-22.9% vs Q3 2022
18positions
88.8%in top 10
1 new
0 added
5 reduced
1 sold out
vs Q3 2022
Holdings, Q4 2022
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| COHERUS BIOSCIENCES INC CHRS 1.5 04.15.26 · principal | $11.8m33.25% | Unchanged |
| EVOLENT HEALTH INC EVH 1.5 10.15.25 · principal | $8.1m22.72% | Unchanged |
| GOLDMAN SACHS PHYSICAL GOLD AAAU | $3.3m9.36% | Unchanged |
| SPROTT PHYSICAL GOLD TR PHYS | $1.6m4.40% | Unchanged |
| MICROSOFT CORP MSFT | $1.2m3.41% | Unchanged |
| META PLATFORMS INC META | $1.2m3.38% | New |
| PDC ENERGY INC PDCE | $1.1m3.21% | Reduced -26.1k |
| CHORD ENERGY CORPORATION CHRD | $1.1m3.07% | Reduced -12.0k |
| CROWN CASTLE INC CCI | $1.1m3.05% | Reduced -7.0k |
| VANECK ETF TRUST GDXJ | $1.1m2.98% | Unchanged |
| ISHARES GOLD TR IAU | $969.0k2.72% | Unchanged |
| ALPHABET INC GOOG | $932.0k2.62% | Unchanged |
| INTERCONTINENTAL EXCHANGE IN ICE | $677.0k1.90% | Reduced -20.0k |
| JOHNSON & JOHNSON JNJ | $353.0k0.99% | Unchanged |
| GENERAL DYNAMICS CORP GD | $298.0k0.84% | Unchanged |
| PINNACLE FINL PARTNERS INC COM | $294.0k0.83% | Unchanged |
| CONSOL ENERGY INC NEW COM | $286.0k0.80% | Reduced -25.1k |
| MATINAS BIOPHARMA HLDGS INC COM | $166.0k0.47% | Unchanged |
Sold out since Q3 2022
| Security | Value then |
|---|---|
| OSISKO GOLD ROYALTIES LTD | $1.5m147.8k shares |