Asset Manager
← All Institutions
Cormorant Asset Management, LP
Market Value
$1.9B
+0.3%
Holdings
56
+11
New Purchases
13
Added To
4
Closed
8
Reduced
26
Top 10 Concentration
60.5%
Turnover
37.5%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| PBLS | 6.62% | 0.00% | +6.62% | $126M |
| CLYM | 1.44% | 0.00% | +1.44% | $27M |
| ANL | 2.40% | 1.05% | +1.34% | $46M |
| ORKA | 2.66% | 1.37% | +1.28% | $51M |
| BHVN | 2.03% | 0.78% | +1.25% | $39M |
| SYRE | 1.05% | 0.00% | +1.05% | $20M |
| DFTX | 0.99% | 0.00% | +0.99% | $19M |
| RAPP | 5.80% | 4.86% | +0.94% | $111M |
| ERAS | 5.76% | 4.93% | +0.83% | $110M |
| ASND | 0.70% | 0.00% | +0.70% | $13M |
| KLRA | 0.63% | 0.00% | +0.63% | $12M |
| TNGX | 2.13% | 1.57% | +0.56% | $41M |
| BIOA | 3.07% | 2.66% | +0.41% | $59M |
| ELVN | 0.40% | 0.00% | +0.40% | $8M |
| IBIO | 0.33% | 0.00% | +0.33% | $6M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| PRAX | 11.23% | 14.99% | -3.76% | $214M |
| CNTA | 0.00% | 2.19% | -2.19% | $0 |
| OLMA | 1.41% | 3.06% | -1.65% | $27M |
| BBOT | 7.14% | 8.41% | -1.27% | $136M |
| INSM | 0.42% | 1.63% | -1.21% | $8M |
| MAZE | 0.00% | 1.18% | -1.18% | $0 |
| BBIO | 2.15% | 3.32% | -1.17% | $41M |
| MLTX | 3.27% | 4.39% | -1.12% | $62M |
| TERN | 0.00% | 0.83% | -0.83% | $0 |
| DRUG | 3.31% | 4.06% | -0.75% | $63M |
| GLTO | 1.36% | 2.08% | -0.71% | $26M |
| TARS | 0.33% | 0.83% | -0.50% | $6M |
| ZURA | 0.00% | 0.45% | -0.45% | $0 |
| AXSM | 0.00% | 0.44% | -0.44% | $0 |
| DNTH | 3.83% | 4.19% | -0.36% | $73M |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Large Cap | 4 | $79M | 4.1% |
| Mid Cap | 22 | $914M | 47.9% |
| Small Cap | 19 | $682M | 35.8% |
| Micro Cap | 11 | $233M | 12.2% |
Portfolio Analytics
Avg Market Cap
$3.9B
Median Market Cap
$1.6B
Avg P/E
44.3
Median P/E
16.7
Avg Dividend Yield
—%
Avg Beta
0.84
# Stocks
56
# ETFs / Funds
0
Top Holdings (56 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PRAX | 11.23% | 640,000 | $214M | $334.79 | -$71M | -245,500 | -27.7% | |
| 2 | BBOT | 7.14% | 17,878,594 | $136M | $7.62 | -$24M | — | — | |
| 3 | PBLS | 6.62% | 4,615,612 | $126M | $27.37 | — | +4,615,612 | — | NEW |
| 4 | RAPP | 5.80% | 2,657,521 | $111M | $41.67 | $18M | -300,000 | -10.1% | |
| 5 | ERAS | 5.76% | 6,000,000 | $110M | $18.32 | $16M | +200,000 | +3.5% | |
| 6 | EWTX | 5.34% | 2,510,000 | $102M | $40.63 | -$709K | -750,000 | -23.0% | |
| 7 | EYPT | 5.24% | 7,000,000 | $100M | $14.30 | -$6M | -1,265,000 | -15.3% | |
| 8 | ALMS | 4.84% | 3,285,596 | $92M | $28.14 | $5M | -663,645 | -16.8% | |
| 9 | ABVX | 4.71% | 675,000 | $90M | $133.26 | $5M | -85,000 | -11.2% | |
| 10 | DNTH | 3.83% | 750,000 | $73M | $97.48 | -$7M | -200,000 | -21.1% | |
| 11 | DRUG | 3.31% | 900,000 | $63M | $70.20 | -$14M | -159,331 | -15.0% | |
| 12 | MLTX | 3.27% | 3,205,433 | $62M | $19.47 | -$21M | -1,275,000 | -28.5% | |
| 13 | BIOA | 3.07% | 2,390,605 | $59M | $24.51 | $8M | -500,000 | -17.3% | |
| 14 | ORKA | 2.66% | 533,340 | $51M | $95.17 | $25M | — | — | |
| 15 | ANL | 2.40% | 3,978,229 | $46M | $11.50 | $26M | +1,080,372 | +37.3% | |
| 16 | BBIO | 2.15% | 550,000 | $41M | $74.48 | -$22M | -300,000 | -35.3% | |
| 17 | TNGX | 2.13% | 1,300,000 | $41M | $31.26 | $11M | -125,000 | -8.8% | |
| 18 | BHVN | 2.03% | 2,610,000 | $39M | $14.88 | $24M | +850,000 | +48.3% | |
| 19 | AGMB | 1.68% | 2,465,348 | $32M | $12.98 | $6M | — | — | |
| 20 | MBX | 1.59% | 550,000 | $30M | $55.20 | -$3M | -570,000 | -50.9% | |
| 21 | CLYM | 1.44% | 2,106,000 | $27M | $13.04 | — | +2,106,000 | — | NEW |
| 22 | OLMA | 1.41% | 2,150,000 | $27M | $12.51 | -$31M | -1,750,000 | -44.9% | |
| 23 | GLTO | 1.36% | 1,000,000 | $26M | $26.01 | -$13M | -525,000 | -34.4% | |
| 24 | CRBP | 1.15% | 2,344,971 | $22M | $9.38 | -$23K | — | — | |
| 25 | SYRE | 1.05% | 225,000 | $20M | $88.78 | — | +225,000 | — | NEW |
| 26 | DFTX | 0.99% | 400,000 | $19M | $47.04 | — | +400,000 | — | NEW |
| 27 | ROIV | 0.88% | 475,000 | $17M | $35.39 | -$4M | -275,000 | -36.7% | |
| 28 | CABA | 0.81% | 5,000,000 | $16M | $3.11 | $755K | -500,000 | -9.1% | |
| 29 | HLXC | 0.72% | 1,297,500 | $14M | $10.64 | $623K | — | — | |
| 30 | ASND | 0.70% | 50,000 | $13M | $266.72 | — | +50,000 | — | NEW |
| 31 | KLRA | 0.63% | 550,000 | $12M | $22.03 | — | +550,000 | — | NEW |
| 32 | INSM | 0.42% | 75,000 | $8M | $106.62 | -$23M | -115,000 | -60.5% | |
| 33 | FTH | 0.40% | 1,028,242 | $8M | $7.45 | -$2M | +722,020 | +235.8% | |
| 34 | ELVN | 0.40% | 150,000 | $8M | $50.75 | — | +150,000 | — | NEW |
| 35 | TARS | 0.33% | 100,000 | $6M | $62.94 | -$9M | -125,000 | -55.6% | |
| 36 | IBIO | 0.33% | 3,570,000 | $6M | $1.75 | — | +3,570,000 | — | NEW |
| 37 | CRNX | 0.25% | 125,000 | $5M | $37.42 | -$4M | -125,000 | -50.0% | |
| 38 | ARQT | 0.24% | 175,000 | $5M | $26.22 | -$6M | -275,000 | -61.1% | |
| 39 | ARWR | 0.21% | 50,000 | $4M | $81.51 | -$2M | -50,000 | -50.0% | |
| 40 | GPCR | 0.21% | 75,000 | $4M | $53.67 | -$4M | -100,000 | -57.1% | |
| 41 | RACC | 0.21% | 370,000 | $4M | $10.70 | — | +370,000 | — | NEW |
| 42 | COGT | 0.20% | 100,000 | $4M | $38.70 | -$4M | -100,000 | -50.0% | |
| 43 | ALT | 0.20% | 1,250,000 | $4M | $3.04 | — | +1,250,000 | — | NEW |
| 44 | AMLX | 0.19% | 200,000 | $4M | $17.96 | -$1M | -150,000 | -42.9% | |
| 45 | ODTX | 0.17% | 175,000 | $3M | $18.71 | — | +175,000 | — | NEW |
| 46 | PCVX | 0.15% | 50,000 | $3M | $58.13 | -$3M | -50,000 | -50.0% | |
| 47 | BOLD | 0.13% | 1,000,000 | $2M | $2.50 | — | +1,000,000 | — | NEW |
| 48 | QNCX | 0.01% | 5,498 | $100K | $18.19 | — | +5,498 | — | NEW |
| 49 | CNTX | —% | — | — | — | -$1M | -529,550 | -100.0% | SOLD |
| 50 | RLYB | —% | — | — | — | -$4M | -400,000 | -100.0% | SOLD |
| 51 | ZURA | —% | — | — | — | -$9M | -1,450,000 | -100.0% | SOLD |
| 52 | GLUE | —% | — | — | — | -$7M | -400,000 | -100.0% | SOLD |
| 53 | AXSM | —% | — | — | — | -$8M | -50,000 | -100.0% | SOLD |
| 54 | TERN | —% | — | — | — | -$16M | -300,000 | -100.0% | SOLD |
| 55 | MAZE | —% | — | — | — | -$22M | -750,000 | -100.0% | SOLD |
| 56 | CNTA | —% | — | — | — | -$42M | -1,050,000 | -100.0% | SOLD |
Options Breakdown
1 Calls
$0 Call Value
0 Puts
$0 Put Value
Top Calls
| Symbol | Shares | Value | Status |
|---|---|---|---|
| OLMA | — | $0 | SOLD |