Asset Manager
← All Institutions
Cormorant Asset Management, LP
Market Value
$1.3B
+8.3%
Holdings
40
New Purchases
3
Added To
3
Closed
7
Reduced
11
Top 10 Concentration
72.3%
Turnover
25.0%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| BBOT | 15.48% | 0.00% | +15.48% | $207M |
| ABVX | 12.38% | 1.32% | +11.06% | $166M |
| RAPP | 7.09% | 2.71% | +4.38% | $95M |
| DRUG | 4.80% | 2.24% | +2.57% | $64M |
| EYPT | 8.86% | 6.34% | +2.52% | $119M |
| CNTA | 3.49% | 2.22% | +1.27% | $47M |
| KRRO | 1.66% | 0.47% | +1.19% | $22M |
| MBX | 1.60% | 0.65% | +0.96% | $21M |
| CRBP | 2.25% | 1.33% | +0.92% | $30M |
| ORKA | 0.77% | 0.00% | +0.77% | $10M |
| MTSR | 1.56% | 0.92% | +0.64% | $21M |
| CGON | 1.88% | 1.32% | +0.57% | $25M |
| RNAM | 0.98% | 0.46% | +0.52% | $13M |
| AMLX | 0.51% | 0.00% | +0.51% | $7M |
| ACLX | 4.76% | 4.26% | +0.49% | $64M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| MLTX | 1.07% | 32.46% | -31.39% | $14M |
| MRUS | 0.00% | 4.77% | -4.77% | $0 |
| VRNA | 0.00% | 2.68% | -2.68% | $0 |
| PRAX | 3.96% | 5.53% | -1.57% | $53M |
| SBTX | 0.00% | 1.55% | -1.55% | $0 |
| JANX | 1.55% | 2.81% | -1.25% | $21M |
| CRGX | 0.00% | 1.13% | -1.13% | $0 |
| AARD | 0.00% | 0.88% | -0.88% | $0 |
| STOK | 0.00% | 0.23% | -0.23% | $0 |
| VYNE | 0.00% | 0.18% | -0.18% | $0 |
| BBIO | 5.44% | 5.59% | -0.16% | $73M |
| ARQT | 1.09% | 1.13% | -0.04% | $15M |
| ELVN | 0.31% | 0.32% | -0.02% | $4M |
| BHVN | 0.01% | 0.01% | -0.00% | $150K |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Large Cap | 4 | $148M | 11.0% |
| Mid Cap | 17 | $550M | 41.1% |
| Small Cap | 11 | $449M | 33.6% |
| Micro Cap | 8 | $191M | 14.3% |
Portfolio Analytics
Avg Market Cap
$5.8B
Median Market Cap
$2.9B
Avg P/E
113.9
Median P/E
113.9
Avg Dividend Yield
0.02%
Avg Beta
1.01
# Stocks
40
# ETFs / Funds
0
Top Holdings (40 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BBOT | 15.48% | 17,878,594 | $207M | $11.58 | — | +17,878,594 | — | NEW |
| 2 | ABVX | 12.38% | 1,950,000 | $166M | $84.90 | $149M | -180,000 | -8.4% | |
| 3 | EYPT | 8.86% | 8,325,000 | $119M | $14.24 | $40M | — | — | |
| 4 | RAPP | 7.09% | 3,192,521 | $95M | $29.70 | $61M | +251,600 | +8.6% | |
| 5 | BBIO | 5.44% | 1,400,000 | $73M | $51.94 | $4M | -200,000 | -12.5% | |
| 6 | EWTX | 4.86% | 4,010,000 | $65M | $16.22 | $9M | -241,992 | -5.7% | |
| 7 | DRUG | 4.80% | 1,059,331 | $64M | $60.66 | $37M | — | — | |
| 8 | ACLX | 4.76% | 775,000 | $64M | $82.10 | $11M | -25,000 | -3.1% | |
| 9 | INSM | 4.63% | 430,000 | $62M | $144.01 | $8M | -110,000 | -20.4% | |
| 10 | PRAX | 3.96% | 1,000,000 | $53M | $53.00 | -$15M | -625,000 | -38.5% | |
| 11 | CNTA | 3.49% | 1,925,000 | $47M | $24.25 | $19M | -161,600 | -7.7% | |
| 12 | CRBP | 2.25% | 2,375,000 | $30M | $12.65 | $14M | — | — | |
| 13 | GHRS | 2.05% | 1,916,439 | $27M | $14.30 | $3M | -93,043 | -4.6% | |
| 14 | CGON | 1.88% | 625,000 | $25M | $40.28 | $9M | — | — | |
| 15 | KRRO | 1.66% | 465,000 | $22M | $47.89 | $16M | — | — | |
| 16 | MBX | 1.60% | 1,225,000 | $21M | $17.50 | $13M | +525,000 | +75.0% | |
| 17 | MTSR | 1.56% | 400,000 | $21M | $52.33 | $10M | — | — | |
| 18 | JANX | 1.55% | 850,000 | $21M | $24.44 | -$14M | -650,000 | -43.3% | |
| 19 | TARS | 1.33% | 300,000 | $18M | $59.43 | $6M | — | — | |
| 20 | CRNX | 1.25% | 400,000 | $17M | $41.65 | $5M | — | — | |
| 21 | ARQT | 1.09% | 775,000 | $15M | $18.85 | $589K | -225,000 | -22.5% | |
| 22 | MLTX | 1.07% | 1,994,173 | $14M | $7.17 | -$387M | -6,499,978 | -76.5% | |
| 23 | RNAM | 0.98% | 300,000 | $13M | $43.57 | $7M | +100,000 | +50.0% | |
| 24 | BIOA | 0.94% | 2,140,605 | $13M | $5.88 | $4M | — | — | |
| 25 | AXSM | 0.91% | 100,000 | $12M | $121.45 | $2M | — | — | |
| 26 | CABA | 0.87% | 5,000,000 | $12M | $2.34 | $4M | — | — | |
| 27 | ORKA | 0.77% | 533,340 | $10M | $19.23 | — | +533,340 | — | NEW |
| 28 | ALMS | 0.64% | 2,147,396 | $9M | $3.99 | $2M | — | — | |
| 29 | BMEA | 0.54% | 3,570,872 | $7M | $2.02 | $786K | — | — | |
| 30 | AMLX | 0.51% | 500,000 | $7M | $13.59 | — | +500,000 | — | NEW |
| 31 | PCVX | 0.47% | 175,000 | $6M | $36.02 | $614K | — | — | |
| 32 | ELVN | 0.31% | 200,000 | $4M | $20.47 | $82K | — | — | |
| 33 | BHVN | 0.01% | 10,000 | $150K | $15.01 | $9K | — | — | |
| 34 | STOK | —% | — | — | — | -$3M | -254,161 | -100.0% | SOLD |
| 35 | VRNA | —% | — | — | — | -$33M | -350,000 | -100.0% | SOLD |
| 36 | MRUS | —% | — | — | — | -$59M | -1,120,000 | -100.0% | SOLD |
| 37 | CRGX | —% | — | — | — | -$14M | -3,381,277 | -100.0% | SOLD |
| 38 | SBTX | —% | — | — | — | -$19M | -1,100,000 | -100.0% | SOLD |
| 39 | VYNE | —% | — | — | — | -$2M | -1,370,938 | -100.0% | SOLD |
| 40 | AARD | —% | — | — | — | -$11M | -800,189 | -100.0% | SOLD |