Courage Capital Management is an investment fund managing more than $16.6 million ran by Richard Patton. There are currently 9 companies in Mr. Patton’s portfolio. The largest investments include Sprott Physical Gold Trust and Goldman Sachs Physical Gold, together worth $7.98 million.
As of 3rd May 2024, Courage Capital Management’s top holding is 264,500 shares of Sprott Physical Gold Trust currently worth over $4.21 million and making up 25.4% of the portfolio value.
Relative to the number of outstanding shares of Sprott Physical Gold Trust, Courage Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 184,254 shares of Goldman Sachs Physical Gold worth $3.77 million.
The third-largest holding is Meta Platforms Inc worth $3.19 million and the next is Humana worth $1.56 million, with 3,400 shares owned.
Currently, Courage Capital Management's portfolio is worth at least $16.6 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Courage Capital Management office and employees reside in Nashville, Tennessee. According to the last 13-F report filed with the SEC, Richard Patton serves as the Chief Manager at Courage Capital Management.
There are companies that Courage Capital Management is getting rid of from its portfolio.
Courage Capital Management closed its position in Chord Energy Inc on 10th May 2024.
It sold the previously owned 11,000 shares for $1.69 million.
The two most similar investment funds to Courage Capital Management are Blum Capital Partners L.P. and Lone Star Value Management. They manage $29.8 million and $29.8 million respectively.
Courage Capital Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Finance — making up 25.4% of
the total portfolio value.
The fund focuses on investments in the United States as
55.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $396 billion.
These positions were updated on May 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Sprott Physical Gold Trust |
No change
264,500
|
$4,213,000 | 25.39% |
| Goldman Sachs Physical Gold |
No change
184,254
|
$3,765,000 | 22.69% |
| Meta Platforms Inc |
No change
9,000
|
$3,186,000 | 19.20% |
| Chord Energy Inc |
Closed
11,000
|
$1,692,000 | |
| Humana Inc. |
No change
3,400
|
$1,557,000 | 9.38% |
| Consol Energy Inc |
Closed
22,315
|
$1,513,000 | |
| Crown Castle Intl |
No change
12,000
|
$1,382,000 | 8.33% |
| PDC Energy Inc |
Closed
18,000
|
$1,281,000 | |
| Berry Corp |
Closed
185,600
|
$1,277,000 | |
| Ishares Gold Trust |
No change
28,000
|
$1,093,000 | 6.59% |
| Alphabet Inc |
No change
5,500
|
$775,000 | 4.67% |
| Johnson & Johnson |
No change
2,000
|
$313,000 | 1.89% |
| General Dynamics Corp. |
No change
1,200
|
$312,000 | 1.88% |
| Coherus Biosciences Inc |
Closed
50,000
|
$214,000 | |
| Meta Platforms Inc |
Closed
331,846
|
$119,000 | |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||