Courage Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 11, 2026), Courage Capital Management LLC reported 16 stock positions worth $67.3 million. Its top holding was Invesco Senior Loan ETF (BKLN) at 19.6% of the portfolio, followed by Corecivic (CXW, 13.9%) and Sprott Physical Gold Trust (PHYS, 11.9%). Compared with Q1 2026, it opened 2 new positions and reduced 2. The biggest buy was a new position in HCA Healthcare (HCA) and the biggest sale Fidelity Wise Origin Bitcoin (FBTC, shares −32%).
- Most Recent 13F
- Q2 2026
- Location
- NASHVILLE, TN
- CIK
- 0001119376
- Portfolio Value
- $67.3M (Q2 2026)
- SEC Filing
- 0001119376-26-000010 ↗ filed Aug 11, 2026
Holdings Value
Holdings 16 stocks · $67.3M
| BKLN Invesco Senior Loan ETF | 19.61% | 648,000 | $13.2M | No change |
| CXW Corecivic Inc. | 13.94% | 308,961 | $9.4M | Reduce -34.8% |
| PHYS Sprott Physical Gold Trust | 11.86% | 264,500 | $8.0M | No change |
| AAAU Goldman Sachs Physical Gold | 10.83% | 184,254 | $7.3M | No change |
| FBTC Fidelity Wise Origin Bitcoin | 8.79% | 115,865 | $5.9M | Reduce -32.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.96% | 7,171 | $5.4M | No change |
| META Meta Platforms Inc. Class A | 5.82% | 6,950 | $3.9M | No change |
| GOOG Alphabet Inc. Class C | 5.51% | 10,500 | $3.7M | No change |
| TSLA Tesla Inc. | 3.36% | 5,380 | $2.3M | No change |
| PNFP Pinnacle Financial Partners | 3.23% | 21,565 | $2.2M | No change |
| IAU iShares Gold Trust | 3.14% | 28,000 | $2.1M | No change |
| UNH Unitedhealth Group Inc. | 2.65% | 4,300 | $1.8M | No change |
| AMZN Amazon.com Inc. | 1.42% | 4,000 | $953K | No change |
| JNJ Johnson & Johnson | 0.75% | 2,000 | $508K | No change |
| HCA HCA Healthcare Inc. | 0.70% | 1,200 | $468K | New |
| TYL Tyler Technologies Inc. | 0.43% | 1,000 | $292K | New |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $67.3M | BKLN, CXW, PHYS, AAAU, FBTC |
| Q1 2026 | 14 | $70.6M | BKLN, FBTC, PHYS, CXW, AAAU |
| Q4 2025 | 13 | $72.4M | BKLN, FBTC, CXW, PHYS, AAAU |
| Q3 2025 | 14 | $75.7M | FBTC, BKLN, CXW, PHYS, AAAU |
| Q2 2025 | 13 | $67.8M | FBTC, BKLN, CXW, PHYS, AAAU |
| Q1 2025 | 12 | $49.0M | BKLN, CXW, PHYS, FBTC, AAAU |
| Q4 2024 | 12 | $48.5M | BKLN, CXW, FBTC, PHYS, AAAU |
| Q3 2024 | 11 | $40.4M | BKLN, PHYS, CXW, AAAU, META |
| Q2 2024 | 11 | $34.1M | BKLN, CXW, PHYS, AAAU, META |
| Q1 2024 | 11 | $29.7M | CXW, BKLN, PHYS, AAAU, META |