COURAGE CAPITAL MANAGEMENT LLC

NASHVILLE, TN · CIK 1119376 · 13F filing filed 2023-11-08

SEC-registered investment adviser since 2004 · limited liability company

$29.5m reported value -19.1% vs Q2 2023

12positions

98.5%in top 10

0 new 0 added 1 reduced 5 sold out vs Q2 2023

Holdings, Q3 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	COHERUS BIOSCIENCES INC NOTE 1.500% 4/1 · principal CHRS 1.5 04.15.26 · principal	CHRS 1.5 04.15.26	18,000,000	$11.0m37.39%	37.39%	Unchanged
2	SPROTT PHYSICAL GOLD TR UNIT PHYS	PHYS	264,500	$3.8m12.85%	12.85%	Unchanged
3	EVOLENT HEALTH INC NOTE 1.500%10/1 · principal EVH 1.5 10.15.25 · principal	EVH 1.5 10.15.25	3,434,000	$3.7m12.44%	12.44%	Unchanged
4	GOLDMAN SACHS PHYSICAL GOLD UNIT AAAU	AAAU	184,254	$3.4m11.44%	11.44%	Unchanged
5	META PLATFORMS INC CL A META	META	8,000	$2.4m8.15%	8.15%	Reduced -1.0k	-1,000 -11.1%
6	HUMANA INC COM HUM	HUM	3,400	$1.7m5.61%	5.61%	Unchanged
7	CROWN CASTLE INC COM CCI	CCI	12,000	$1.1m3.74%	3.74%	Unchanged
8	ISHARES GOLD TR ISHARES NEW IAU	IAU	28,000	$980.0k3.32%	3.32%	Unchanged
9	ALPHABET INC CAP STK CL C GOOG	GOOG	5,500	$725.0k2.46%	2.46%	Unchanged
10	JOHNSON & JOHNSON COM JNJ	JNJ	2,000	$312.0k1.06%	1.06%	Unchanged
11	GENERAL DYNAMICS CORP COM GD	GD	1,200	$265.0k0.90%	0.90%	Unchanged
12	COHERUS BIOSCIENCES INC COM CHRS	CHRS	50,000	$187.0k0.63%	0.63%	Unchanged

Security	Ticker	Shares held before	Value then
CHORD ENERGY CORPORATION CHRD	CHRD	11,000	$1.7m11.0k shares
CONSOL ENERGY INC NEW		22,315	$1.5m22.3k shares
PDC ENERGY INC PDCE	PDCE	18,000	$1.3m18.0k shares
BERRY CORP		185,600	$1.3m185.6k shares
MATINAS BIOPHARMA HLDGS INC		331,846	$119.0k331.8k shares