0001140361-12-025148.txt : 20120515 0001140361-12-025148.hdr.sgml : 20120515 20120515100659 ACCESSION NUMBER: 0001140361-12-025148 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COURAGE CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001119376 IRS NUMBER: 621749393 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10362 FILM NUMBER: 12841560 BUSINESS ADDRESS: STREET 1: 4400 HARDING ROAD STREET 2: SUITE 503 CITY: NASHVILLE STATE: TN ZIP: 37205 BUSINESS PHONE: 6157426280 MAIL ADDRESS: STREET 1: 4400 HARDING ROAD STREET 2: SUITE 503 CITY: NASHVILLE STATE: TN ZIP: 37205 13F-HR 1 form13fhr.txt COURAGE CAPITAL MANAGEMENT, LLC 13F-HR 3-31-2012 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 3/31/2012 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Courage Capital Management, LLC Address: 4400 Harding Road, Suite 503 Nashville, TN 37205-2290 Form 13F File Number: 28-10362 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Richard C. Patton Title: Chief Manager Phone: 615-369-0110 Signature, Place, and Date of Signing: /s/ Richard C. Patton Nashville, TN 5/15/2012 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 49 Form 13F Information Table Value Total: $ 273,775 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ----------------------------------------- -------------- --------- -------- ------------------ ---------- -------- ---------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ----------------------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- ---- ------ ---- America's Car-Mart Ord Shs Common 03062T105 12,304 279766 SH DEFINED X 0 0 Arch Coal Ord Shs Common 18911Q102 880 55258 SH DEFINED X 0 0 Athena Health Ord Shs Common 039380100 899 83959 SH DEFINED X 0 0 Cloud Peak Energy Ord Shs Option 04685W106 4,077 55000 SH PUT DEFINED X 0 0 Coca-Cola Ord Shs Common 191216100 1,464 19776 SH DEFINED X 0 0 Consol Energy Ord Shs Common 20854P109 529 15500 SH DEFINED X 0 0 Convergys Ord Shs Common 212485106 2,861 214271 SH DEFINED X 0 0 Diamond Foods Ord shs Common 26153C103 964 52271 SH DEFINED X 0 0 Dreamworks Animation Ord shs Common 252603105 1,205 52806 SH DEFINED X 0 0 Echo Star Ord Shs Common 269279402 332 50000 SH DEFINED X 0 0 Exco Resources Ord Shs Common 278768106 6,000 213202 SH DEFINED X 0 0 Georgia Gulf Ord Shs Common 373200302 1,729 49563 SH DEFINED X 0 0 Georgia Gulf Ord Shs Option 373200302 5,351 153400 SH CALL DEFINED X 0 0 GM Ord Shs Common 37045V100 10,566 411930 SH DEFINED X 0 0 Google Inc Ord Shs Common 38259P508 9,029 14081 SH DEFINED X 0 0 Graco Ord Shs Common 384313102 2,866 240000 SH DEFINED X 0 0 Graftech International Ord Shs Common 384109104 4,232 79764 SH DEFINED X 0 0 Harsco Ord Shs Common 415864107 1,637 69762 SH DEFINED X 0 0 Harsco Ord Shs Option 415864107 4,746 202300 SH CALL DEFINED X 0 0 Hartford Financial Services Ord Shs Option 416515104 33,658 1596700 SH PUT DEFINED X 0 0 HCA Holdings Ord Shs Common 40412C101 8,453 341670 SH DEFINED X 0 0 Home Loan Servicing Solutions Ord Shs Common G6648D109 1,276 91514 SH DEFINED X 0 0 Ingram Micro Inc CL A Common 457153104 3,823 205971 SH DEFINED X 0 0 Invacare Ord Shs Common 461203101 4,143 250000 SH DEFINED X 0 0 Ishares Inc MSCI Brazil Brazil ETF 464286400 530 8,200 SH DEFINED X 0 0 JC Penney Ord Shs Common 708160106 4,840 136599 SH DEFINED X 0 0 JC Penney Ord Shs Option 708160106 4,960 140000 SH CALL DEFINED X 0 0 Lear Ord Shs Common 521865204 10,474 225299 SH DEFINED X 0 0 Lender Processing Services Ord Shs Common 52602E102 266 10230 SH DEFINED X 0 0 Liberty Media Liberty Cap Ord Shs Class A Common 530322106 6,046 68582 SH DEFINED X 0 0 Markel Ord Shs Common 570535104 5,825 12975 SH DEFINED X 0 0 Market Vectors Gold Miners ETF Gold Miner ETF 57060U100 6,497 131143 SH DEFINED X 0 0 Move Ord Shs Option 64110L106 4,372 38000 SH PUT DEFINED X 0 0 Netflix Ord Shs Common 62458M207 3,176 327129.25 SH DEFINED X 0 0 Pacific Capital Bancorp Ord Shs Common 69404P200 456 10000 SH DEFINED X 0 0 Pan American Silver Ord Shs Common 697900108 221 10000 SH DEFINED X 0 0 Radioshack Ord Shs Common 750438103 3,493 561543 SH DEFINED X 0 0 Radioshack Ord Shs Option 750438103 3,529 567300 SH CALL DEFINED X 0 0 Salesforce.com Ord Shs Option 79466L302 1,545 10000 SH PUT DEFINED X 0 0 Semgroup Ord Shs Class A Common 81663A105 18,400 653,883 SH DEFINED X 0 0 Smith and Wesson Holding Ord Shs Common 831756101 4,996 644700 SH DEFINED X 0 0 SPDR Gold Shares ETF Option 78463V107 29,636 182800 SH CALL DEFINED X 0 0 SPDR Gold Shares ETF Gold ETF 78463V107 13,409 82708 SH DEFINED X 0 0 Sprott Physical ETV Common 85207H104 1,281 88698 SH DEFINED X 0 0 True Religion Apparel Ord Shs Common 89784N104 6,101 222657 SH DEFINED X 0 0 ViaSat Ord Shs Common 92552V100 6,167 127929 SH DEFINED X 0 0 Walgreen Ord Shs Common 94770V102 4,378 171141 SH DEFINED X 0 0 WalMart Stores Ord Shs Common 931142103 1,224 20,000 SH DEFINED X 0 0 WEBMD Health Ord Shs Common 931422109 8,929 266626 SH DEFINED X 0 0
(1) Courage Investments, Inc. is the general partner of certain private investment funds managed by the Reporting Manager. However, the Reporting Manager has discretion over the investment and voting decisions with respect to securities directly owned by such funds pursuant to investment management agreements. Similarly, the Reporting Manager has discretion over the investment and voting decisions with respect to securities directly owned by other third party accounts that are managed by the Reporting Manager pursuant to trading manager agreements.