Asset Manager
← All Institutions
Cormorant Asset Management, LP
Market Value
$1.9B
+15.9%
Holdings
45
+10
New Purchases
17
Added To
6
Closed
2
Reduced
14
Top 10 Concentration
61.8%
Turnover
42.2%
Top Buys (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| ERAS | 4.93% | 0.00% | +4.93% | $94M |
| DNTH | 4.19% | 0.00% | +4.19% | $80M |
| ALMS | 4.57% | 2.16% | +2.41% | $87M |
| GLTO | 2.08% | 0.00% | +2.08% | $39M |
| TNGX | 1.57% | 0.00% | +1.57% | $30M |
| AGMB | 1.36% | 0.00% | +1.36% | $26M |
| MAZE | 1.18% | 0.00% | +1.18% | $22M |
| ROIV | 1.09% | 0.00% | +1.09% | $21M |
| ANL | 1.05% | 0.00% | +1.05% | $20M |
| BIOA | 2.66% | 1.64% | +1.01% | $51M |
| MLTX | 4.39% | 3.50% | +0.89% | $84M |
| TERN | 0.83% | 0.00% | +0.83% | $16M |
| BHVN | 0.78% | 0.01% | +0.78% | $15M |
| HLXC | 0.69% | 0.00% | +0.69% | $13M |
| FTH | 0.51% | 0.00% | +0.51% | $10M |
Top Sells (by % of Portfolio)
| Symbol | Cur % | Prior % | Chg % | Value |
|---|---|---|---|---|
| ABVX | 4.45% | 11.09% | -6.64% | $85M |
| BBOT | 8.41% | 13.64% | -5.23% | $160M |
| EYPT | 5.60% | 9.20% | -3.60% | $107M |
| BBIO | 3.32% | 5.59% | -2.28% | $63M |
| PRAX | 14.99% | 17.06% | -2.07% | $285M |
| INSM | 1.63% | 2.92% | -1.28% | $31M |
| OLMA | 3.06% | 4.19% | -1.13% | $58M |
| GHRS | 0.00% | 1.01% | -1.01% | $0 |
| DRUG | 4.06% | 5.04% | -0.97% | $77M |
| RAPP | 4.86% | 5.60% | -0.73% | $93M |
| JANX | 0.00% | 0.55% | -0.55% | $0 |
| TARS | 0.83% | 1.25% | -0.42% | $16M |
| MBX | 1.76% | 2.15% | -0.40% | $33M |
| AXSM | 0.44% | 0.83% | -0.39% | $8M |
| CRNX | 0.48% | 0.85% | -0.37% | $9M |
Sector Allocation Over Time
Market Cap Concentration
| Tier | Holdings | Value | Weight |
|---|---|---|---|
| Large Cap | 3 | $115M | 6.0% |
| Mid Cap | 18 | $862M | 45.3% |
| Small Cap | 17 | $690M | 36.2% |
| Micro Cap | 7 | $237M | 12.4% |
Portfolio Analytics
Avg Market Cap
$4.1B
Median Market Cap
$1.6B
Avg P/E
58.1
Median P/E
58.1
Avg Dividend Yield
—%
Avg Beta
0.88
# Stocks
45
# ETFs / Funds
0
Top Holdings (45 total)
| # | Symbol | % Port | Shares | Value | Avg Price | Q/Q Value Chg | Share Chg | Chg % | Status |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PRAX | 14.99% | 885,500 | $285M | $322.19 | $5M | -64,500 | -6.8% | |
| 2 | BBOT | 8.41% | 17,878,594 | $160M | $8.95 | -$64M | — | — | |
| 3 | EYPT | 5.60% | 8,265,000 | $107M | $12.89 | -$44M | — | — | |
| 4 | EWTX | 5.40% | 3,260,000 | $103M | $31.50 | $21M | -25,000 | -0.8% | |
| 5 | ERAS | 4.93% | 5,800,000 | $94M | $16.18 | — | +5,800,000 | — | NEW |
| 6 | RAPP | 4.86% | 2,957,521 | $93M | $31.29 | $686K | -70,000 | -2.3% | |
| 7 | ALMS | 4.57% | 3,949,241 | $87M | $22.03 | $52M | +313,645 | +8.6% | |
| 8 | ABVX | 4.45% | 760,000 | $85M | $111.35 | -$97M | -590,000 | -43.7% | |
| 9 | MLTX | 4.39% | 4,480,433 | $84M | $18.64 | $26M | +125,000 | +2.9% | |
| 10 | DNTH | 4.19% | 950,000 | $80M | $83.92 | — | +950,000 | — | NEW |
| 11 | DRUG | 4.06% | 1,059,331 | $77M | $72.97 | -$5M | — | — | |
| 12 | BBIO | 3.32% | 850,000 | $63M | $74.26 | -$29M | -350,000 | -29.2% | |
| 13 | OLMA | 3.06% | 3,900,000 | $58M | $14.91 | -$11M | +1,150,000 | +41.8% | |
| 14 | BIOA | 2.66% | 2,890,605 | $51M | $17.49 | $24M | +850,000 | +41.6% | |
| 15 | CNTA | 2.19% | 1,050,000 | $42M | $39.72 | $9M | -275,000 | -20.8% | |
| 16 | GLTO | 2.08% | 1,525,000 | $39M | $25.90 | — | +1,525,000 | — | NEW |
| 17 | MBX | 1.76% | 1,120,000 | $33M | $29.85 | -$2M | — | — | |
| 18 | INSM | 1.63% | 190,000 | $31M | $163.52 | -$17M | -85,000 | -30.9% | |
| 19 | TNGX | 1.57% | 1,425,000 | $30M | $20.92 | — | +1,425,000 | — | NEW |
| 20 | ORKA | 1.37% | 533,340 | $26M | $49.05 | $10M | — | — | |
| 21 | AGMB | 1.36% | 2,465,348 | $26M | $10.49 | — | +2,465,348 | — | NEW |
| 22 | MAZE | 1.18% | 750,000 | $22M | $29.85 | — | +750,000 | — | NEW |
| 23 | CRBP | 1.16% | 2,344,971 | $22M | $9.39 | $3M | — | — | |
| 24 | ROIV | 1.09% | 750,000 | $21M | $27.70 | — | +750,000 | — | NEW |
| 25 | ANL | 1.05% | 2,897,857 | $20M | $6.92 | — | +2,897,857 | — | NEW |
| 26 | TERN | 0.83% | 300,000 | $16M | $52.72 | — | +300,000 | — | NEW |
| 27 | TARS | 0.83% | 225,000 | $16M | $70.15 | -$5M | -25,000 | -10.0% | |
| 28 | BHVN | 0.78% | 1,760,000 | $15M | $8.46 | $15M | +1,750,000 | +17500.0% | |
| 29 | CABA | 0.78% | 5,500,000 | $15M | $2.69 | $5M | +1,100,000 | +25.0% | |
| 30 | HLXC | 0.69% | 1,297,500 | $13M | $10.16 | — | +1,297,500 | — | NEW |
| 31 | ARQT | 0.56% | 450,000 | $11M | $23.56 | -$4M | -50,000 | -10.0% | |
| 32 | FTH | 0.51% | 306,222 | $10M | $31.52 | — | +306,222 | — | NEW |
| 33 | CRNX | 0.48% | 250,000 | $9M | $36.32 | -$5M | -50,000 | -16.7% | |
| 34 | ZURA | 0.45% | 1,450,000 | $9M | $5.95 | — | +1,450,000 | — | NEW |
| 35 | AXSM | 0.44% | 50,000 | $8M | $169.02 | -$5M | -25,000 | -33.3% | |
| 36 | GPCR | 0.44% | 175,000 | $8M | $48.20 | — | +175,000 | — | NEW |
| 37 | COGT | 0.40% | 200,000 | $8M | $38.49 | -$294K | -25,000 | -11.1% | |
| 38 | GLUE | 0.35% | 400,000 | $7M | $16.45 | — | +400,000 | — | NEW |
| 39 | ARWR | 0.33% | 100,000 | $6M | $62.70 | — | +100,000 | — | NEW |
| 40 | PCVX | 0.31% | 100,000 | $6M | $58.11 | $44K | -25,000 | -20.0% | |
| 41 | AMLX | 0.26% | 350,000 | $5M | $13.90 | $33K | -50,000 | -12.5% | |
| 42 | RLYB | 0.19% | 400,000 | $4M | $8.97 | — | +400,000 | — | NEW |
| 43 | CNTX | 0.07% | 529,550 | $1M | $2.62 | — | +529,550 | — | NEW |
| 44 | JANX | —% | — | — | — | -$9M | -650,000 | -100.0% | SOLD |
| 45 | GHRS | —% | — | — | — | -$17M | -1,300,000 | -100.0% | SOLD |
Options Breakdown
1 Calls
$7M Call Value
3 Puts
$0 Put Value
0.0 P/C Ratio