Asset Manager
← All Institutions
Cormorant Asset Management, LP
Market Value
$1.6B
+22.7%
Holdings
35
-5
New Purchases
2
Added To
2
Closed
7
Reduced
20
Top 10 Concentration
79.9%
Turnover
25.7%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| PRAX | 17.06% | 3.96% | +13.10% | $280M |
| OLMA | 4.19% | 0.00% | +4.19% | $69M |
| MLTX | 3.50% | 1.07% | +2.43% | $57M |
| ALMS | 2.16% | 0.64% | +1.52% | $35M |
| BIOA | 1.64% | 0.94% | +0.70% | $27M |
| MBX | 2.15% | 1.60% | +0.55% | $35M |
| COGT | 0.49% | 0.00% | +0.49% | $8M |
| EYPT | 9.20% | 8.86% | +0.34% | $151M |
| DRUG | 5.04% | 4.80% | +0.23% | $83M |
| ORKA | 0.98% | 0.77% | +0.22% | $16M |
| BBIO | 5.59% | 5.44% | +0.16% | $92M |
| EWTX | 4.97% | 4.86% | +0.10% | $82M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| ACLX | 0.00% | 4.76% | -4.76% | $0 |
| CGON | 0.00% | 1.88% | -1.88% | $0 |
| BBOT | 13.64% | 15.48% | -1.84% | $224M |
| INSM | 2.92% | 4.63% | -1.71% | $48M |
| KRRO | 0.00% | 1.66% | -1.66% | $0 |
| MTSR | 0.00% | 1.56% | -1.56% | $0 |
| RAPP | 5.60% | 7.09% | -1.49% | $92M |
| CNTA | 2.02% | 3.49% | -1.47% | $33M |
| ABVX | 11.09% | 12.38% | -1.29% | $182M |
| CRBP | 1.16% | 2.25% | -1.08% | $19M |
| GHRS | 1.01% | 2.05% | -1.04% | $17M |
| JANX | 0.55% | 1.55% | -1.01% | $9M |
| RNAM | 0.00% | 0.98% | -0.98% | $0 |
| BMEA | 0.00% | 0.54% | -0.54% | $0 |
| CRNX | 0.85% | 1.25% | -0.39% | $14M |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Large Cap | 3 | $140M | 8.5% |
| Mid Cap | 17 | $709M | 43.2% |
| Small Cap | 10 | $595M | 36.3% |
| Micro Cap | 5 | $197M | 12.0% |
Portfolio Analytics
Avg Market Cap
$4.5B
Median Market Cap
$3.1B
Avg P/E
113.9
Median P/E
113.9
Avg Dividend Yield
—%
Avg Beta
0.97
# Stocks
35
# ETFs / Funds
0
Top Holdings (35 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PRAX | 17.06% | 950,000 | $280M | $294.74 | $227M | -50,000 | -5.0% | |
| 2 | BBOT | 13.64% | 17,878,594 | $224M | $12.52 | $17M | — | — | |
| 3 | ABVX | 11.09% | 1,350,000 | $182M | $134.85 | $16M | -600,000 | -30.8% | |
| 4 | EYPT | 9.20% | 8,265,000 | $151M | $18.27 | $32M | -60,000 | -0.7% | |
| 5 | RAPP | 5.60% | 3,027,521 | $92M | $30.34 | -$3M | -165,000 | -5.2% | |
| 6 | BBIO | 5.59% | 1,200,000 | $92M | $76.49 | $19M | -200,000 | -14.3% | |
| 7 | DRUG | 5.04% | 1,059,331 | $83M | $78.04 | $18M | — | — | |
| 8 | EWTX | 4.97% | 3,285,000 | $82M | $24.82 | $16M | -725,000 | -18.1% | |
| 9 | OLMA | 4.19% | 2,750,000 | $69M | $25.00 | — | +2,750,000 | — | NEW |
| 10 | MLTX | 3.50% | 4,355,433 | $57M | $13.18 | $43M | +2,361,260 | +118.4% | |
| 11 | INSM | 2.92% | 275,000 | $48M | $174.04 | -$14M | -155,000 | -36.0% | |
| 12 | ALMS | 2.16% | 3,635,596 | $35M | $9.76 | $27M | +1,488,200 | +69.3% | |
| 13 | MBX | 2.15% | 1,120,000 | $35M | $31.54 | $14M | -105,000 | -8.6% | |
| 14 | CNTA | 2.02% | 1,325,000 | $33M | $25.01 | -$14M | -600,000 | -31.2% | |
| 15 | BIOA | 1.64% | 2,040,605 | $27M | $13.23 | $14M | -100,000 | -4.7% | |
| 16 | TARS | 1.25% | 250,000 | $20M | $81.88 | $3M | -50,000 | -16.7% | |
| 17 | CRBP | 1.16% | 2,344,971 | $19M | $8.14 | -$11M | -30,029 | -1.3% | |
| 18 | GHRS | 1.01% | 1,300,000 | $17M | $12.70 | -$11M | -616,439 | -32.2% | |
| 19 | ORKA | 0.98% | 533,340 | $16M | $30.31 | $6M | — | — | |
| 20 | ARQT | 0.88% | 500,000 | $15M | $29.04 | -$89K | -275,000 | -35.5% | |
| 21 | CRNX | 0.85% | 300,000 | $14M | $46.55 | -$3M | -100,000 | -25.0% | |
| 22 | AXSM | 0.83% | 75,000 | $14M | $182.64 | $2M | -25,000 | -25.0% | |
| 23 | CABA | 0.59% | 4,400,000 | $10M | $2.19 | -$2M | -600,000 | -12.0% | |
| 24 | JANX | 0.55% | 650,000 | $9M | $13.80 | -$12M | -200,000 | -23.5% | |
| 25 | COGT | 0.49% | 225,000 | $8M | $35.52 | — | +225,000 | — | NEW |
| 26 | PCVX | 0.35% | 125,000 | $6M | $46.14 | -$536K | -50,000 | -28.6% | |
| 27 | AMLX | 0.29% | 400,000 | $5M | $12.08 | -$2M | -100,000 | -20.0% | |
| 28 | BHVN | 0.01% | 10,000 | $113K | $11.29 | -$37K | — | — | |
| 29 | RNAM | —% | — | — | — | -$13M | -300,000 | -100.0% | SOLD |
| 30 | ACLX | —% | — | — | — | -$64M | -775,000 | -100.0% | SOLD |
| 31 | CGON | —% | — | — | — | -$25M | -625,000 | -100.0% | SOLD |
| 32 | MTSR | —% | — | — | — | -$21M | -400,000 | -100.0% | SOLD |
| 33 | BMEA | —% | — | — | — | -$7M | -3,570,872 | -100.0% | SOLD |
| 34 | ELVN | —% | — | — | — | -$4M | -200,000 | -100.0% | SOLD |
| 35 | KRRO | —% | — | — | — | -$22M | -465,000 | -100.0% | SOLD |
Options Breakdown
0 Calls
$0 Call Value
3 Puts
$399M Put Value