Courage Capital Management LLC
Courage Capital Management LLC is an investment adviser and asset management firm headquartered in Nashville, Tennessee. Founded in 1998, the firm primarily serves institutional investors and high-net-worth individuals, managing portfolios across public equities and alternative investments. The company is registered as an investment adviser with the SEC and is known for its active management style. Courage Capital Management has approximately 19 employees, with a significant proportion of investment professionals.
Investment Strategy
Courage Capital Management LLC employs an active management approach with a primary focus on public equity investments and alternative assets, including ETFs and precious metals. The firm diversifies client portfolios across sectors and asset classes aiming for risk-adjusted returns and capital preservation. Its strategy often includes thematic and opportunistic allocations and can include both long and short positions based on fundamental analysis and macroeconomic outlooks. Recent filings show allocations to equity ETFs, gold trusts, and select large-cap stocks, reflecting a balanced yet opportunistic investment framework.
Top Holdings
Equity Positions (13)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
F FBTC | Fidelity Wise Bitcoin Fund | 21.57% | $14.6M | 155,615 | $79.79 | $93.99 | +$8.8M |
B BKLN | Invesco Senior Loan ETF | 19.99% | $13.6M | 648,000 | $21.06 | $20.92 | +$142.0K |
C CXW | Core Civic Inc | 14.73% | $10.0M | 473,961 | $16.31 | $21.07 | +$1.3M |
P PHYS | Sprott Physical Gold Trust | 9.89% | $6.7M | 264,500 | $14.76 | $25.35 | +$341.0K |
A AAAU | Goldman Sachs Physical Gold | 8.88% | $6.0M | 184,254 | $17.99 | $32.68 | +$331.0K |