We are live on
!
Find out more
CCM
Courage Capital Management Portfolio holdings
AUM
$70.6M
1-Year Est. Return
13.29%
This Fund
S&P 500
This Quarter
Est. Return
+2.29%
1 Year Est. Return
+13.29%
3 Year Est. Return
+76.1%
5 Year Est. Return
+95.09%
10 Year Est. Return
+7,780.05%
AUM
$184M
AUM Growth
-$102M
(-36%)
Cap. Flow
-$118M
Cap. Flow
% of AUM
-64.34%
Top 10 Holdings %
Top 10 Hldgs %
84.16%
Holding
32
New
3
Increased
3
Reduced
14
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Element Solutions
ESI
|
+$5.85M |
| 2 |
SPDR Gold Trust
GLD
|
+$2.49M |
| 3 |
DWA
DREAMWORKS ANIMATION SKG INC CL-A
DWA
|
+$1.09M |
| 4 |
McDonald's
MCD
|
+$885K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ECHO
EchoStar
ECHO
|
+$8.18M |
| 2 |
Pan American Silver
PAAS
|
+$4.09M |
| 3 |
Live Nation Entertainment
LYV
|
+$3.2M |
| 4 |
America's Car Mart
CRMT
|
+$2.55M |
| 5 |
NOV
NOV
|
+$2.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 15.75% |
| 2 | Financials | 5.89% |
| 3 | Consumer Discretionary | 5.35% |
| 4 | Industrials | 5.26% |
| 5 | Energy | 4.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$82.2B
| $79.1M | 43.01% |
680,000
+370,000
| +119% | +$42.7M |
|
|
ECHO
2
EchoStar
ECHO
$26.7B
| $11.8M | 6.42% |
306,473
-207,070
| -40% | -$8.18M |
|
|
ASCMA
3
DELISTED
Ascent Capital Group, Inc. Series A
ASCMA
| $7.59M | 4.13% |
100,478
-13,922
| -12% | -$1.06M |
|
|
CPE
4
DELISTED
Callon Petroleum Company
CPE
| $7.49M | 4.07% |
89,462
-10,000
| -10% | -$706K |
|
5
Markel Group
MKL
$24.7B
| $6.9M | 3.75% |
11,577
-3,923
| -25% | -$2.23M |
|
6
Marriott International
MAR
$96.6B
| $6.78M | 3.69% |
121,090
-43,910
| -27% | -$2.27M |
|
|
7
Element Solutions
ESI
$9.11B
| $6.15M | 3.34% |
+322,599
| New | +$5.85M |
|
|
DWA
8
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $5.52M | 3% |
207,882
+34,535
| +20% | +$1.09M |
|
|
CVC
9
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $5.38M | 2.92% |
318,768
-99,628
| -24% | -$1.67M |
|
10
PUT
World Acceptance Corp
WRLD
$891M
| $5.26M | 2.86% |
+70,000
| New | +$6.32M |
|
|
11
SPDR Gold Trust
GLD
$130B
| $4.63M | 2.52% |
37,500
+20,000
| +114% | +$2.49M |
|
|
12
Live Nation Entertainment
LYV
$41.9B
| $3.49M | 1.9% |
160,575
-147,146
| -48% | -$3.2M |
|
13
Alphabet (Google) Class C
GOOG
$4.22T
| $2.78M | 1.51% |
100,094
| – | – |
|
14
Qualcomm
QCOM
$181B
| $2.52M | 1.37% |
32,000
| – | – |
|
|
JAH
15
DELISTED
JARDEN CORPORATION
JAH
| $2.09M | 1.14% |
52,442
-29,608
| -36% | -$1.2M |
|
|
BSMX
16
DELISTED
Banco Santander México, S, A., Institución de Banca Múltiple, Grupo Financiero Santander México
BSMX
| $2.09M | 1.14% |
169,890
-6,209
| -4% | -$72K |
|
17
American International
AIG
$42.7B
| $1.84M | 1% |
36,739
-23,261
| -39% | -$1.16M |
|
|
18
America's Car Mart
CRMT
$31.4M
| $1.4M | 0.76% |
38,137
-66,403
| -64% | -$2.55M |
|
|
19
McDonald's
MCD
$190B
| $908K | 0.49% |
+9,259
| New | +$885K |
|
|
FRGI
20
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $757K | 0.41% |
16,612
-34,738
| -68% | -$1.63M |
|
|
DXM
21
DELISTED
DEX MEDIA INC NEW COM STK (DE)
DXM
| $736K | 0.4% |
80,000
-90,000
| -53% | -$632K |
|
22
Walmart Inc
WMT
$909B
| $424K | 0.23% |
16,650
| – | – |
|
23
Bristow Group
VTOL
$1.31B
| $206K | 0.11% |
3,512
-1,353
| -28% | -$79.4K |
|
|
24
CALL
SPDR Gold Trust
GLD
$130B
| – | – |
-509,600
| Closed | -$59.2M |
|
|
25
NOV
NOV
$7.01B
| – | – |
-33,270
| Closed | -$2.39M |
|
Similar funds
FCI
RL
HB
YEPX
DWRES
AC
PWS
WG
Courage Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Courage Capital Management held 32 positions worth $184M, down 36% from $286M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Courage Capital Management withdrew a net $118M in Q1 2014, closing 8 positions and reducing 14 holdings. Its most notable exit was Pan American Silver, an estimated $4.09M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 16% of assets, up from 15% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Courage Capital Management opened a new position in Element Solutions worth $6.15M.
- Courage Capital Management's largest Q1 2014 buy was Element Solutions: 322,599 shares worth $6.15M.
- Courage Capital Management added most to SPDR Gold Trust in Q1 2014, an estimated $2.49M increase.
- Courage Capital Management's biggest Q1 2014 reduction was EchoStar, cutting an estimated $8.18M.
- Courage Capital Management fully exited Pan American Silver in Q1 2014, selling an estimated $4.09M.
- Courage Capital Management's ten largest holdings make up 84% of its $184M portfolio in Q1 2014.
- Courage Capital Management opened 3 new positions and closed 8 in Q1 2014.
- Courage Capital Management's portfolio value fell 36% quarter-over-quarter to $184M.
Based on Courage Capital Management's 13F filing for Q1 2014, filed 14 May 2014.