Courage Capital Management
NASHVILLE, TNfiles as COURAGE CAPITAL MANAGEMENT LLC
$67m in 16 US stocks at the end of 30 June 2026. The top 10 are 90.9% of the money. It changed about 8.5% of the portfolio this quarter.
Value
$67m
Stocks
16
Top 10 share
90.9%
Turnover
8.5%
What changed this quarter
New
Bought for the first time this quarter.
- HCA HealthcareHCA0.7% of the fund
- Tyler TechnologiesTYL0.4% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- CoreCivicCXW13.9% of the fund-35%
- Fidelity Wise Origin BitcoinFBTC8.8% of the fund-32%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Invesco Exch Traded FD TR IIBKLN
- Share
- 19.6%
- Value
- $13m
- Shares
- 648,000
Held
- Sprott Asset Management LPPHYS
- Share
- 11.9%
- Value
- $8m
- Shares
- 264,500
Held
- Goldman Sachs Physical GoldAAAU
- Share
- 10.8%
- Value
- $7m
- Shares
- 184,254
Held
- Fidelity Wise Origin BitcoinFBTC
- Share
- 8.8%
- Value
- $6m
- Shares
- 115,865
-32%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 8.0%
- Value
- $5m
- Shares
- 7,171
Held
- Pinnacle Finl Partners
- Share
- 3.2%
- Value
- $2m
- Shares
- 21,565
Held
- Ishares Gold TRIAU
- Share
- 3.1%
- Value
- $2m
- Shares
- 28,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Invesco Exch Traded FD TR IIBKLN | 19.6% | $13m | 648,000 | Held |
| CoreCivicCXW | 13.9% | $9m | 308,961 | -35% |
| Sprott Asset Management LPPHYS | 11.9% | $8m | 264,500 | Held |
| Goldman Sachs Physical GoldAAAU | 10.8% | $7m | 184,254 | Held |
| Fidelity Wise Origin BitcoinFBTC | 8.8% | $6m | 115,865 | -32% |
| State STR Spdr S&P 500 ETF TSPY | 8.0% | $5m | 7,171 | Held |
| Meta PlatformsMETA | 5.8% | $4m | 6,950 | Held |
| AlphabetGOOG | 5.5% | $4m | 10,500 | Held |
| TeslaTSLA | 3.4% | $2m | 5,380 | Held |
| Pinnacle Finl Partners | 3.2% | $2m | 21,565 | Held |
| Ishares Gold TRIAU | 3.1% | $2m | 28,000 | Held |
| UnitedHealth GroupUNH | 2.7% | $2m | 4,300 | Held |
| Amazon.comAMZN | 1.4% | $953,000 | 4,000 | Held |
| Johnson & JohnsonJNJ | 0.8% | $508,000 | 2,000 | Held |
| HCA HealthcareHCA | 0.7% | $468,000 | 1,200 | New |
| Tyler TechnologiesTYL | 0.4% | $292,000 | 1,000 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 0.7% since 30 June 2025.
Where the money is
Real estate13.9%
Media & telecom11.3%
Retail & consumer4.8%
Health care4.1%
Technology0.4%
Other65.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.