Latest Cormorant Asset Management, LP Stock Portfolio
$2.09Billion
Equity Portfolio Value
Last Reported on: 14 Feb, 2024
About Cormorant Asset Management, LP and it’s 13F Hedge Fund Stock Holdings
Cormorant Asset Management, LP is a hedge fund based in Boston, MA. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $3.1 Billions. In it's latest 13F Holdings report, Cormorant Asset Management, LP reported an equity portfolio of $1.7 Billions as of 30 Sep, 2023.
The top stock holdings of Cormorant Asset Management, LP are MLTX, BBIO, . The fund has invested 27.1% of it's portfolio in MOONLAKE IMMUNOTHERAPEUTICS and 7.2% of portfolio in BRIDGEBIO PHARMA INC.
The fund managers got completely rid off PROTAGONIST THERAPEUTICS INC (PTGX), DESIGN THERAPEUTICS INC (DSGN) and 89BIO INC (ETNB) stocks. They significantly reduced their stock positions in ROCKET PHARMACEUTICALS INC (RCKT), ENLIVEN THERAPEUTICS INC and ZENTALIS PHARMACEUTICALS INC (ZNTL). Cormorant Asset Management, LP opened new stock positions in CRINETICS PHARMACEUTICALS IN (CRNX), RAYZEBIO INC and ALPINE IMMUNE SCIENCES INC (ALPN). The fund showed a lot of confidence in some stocks as they added substantially to IMMUNOVANT INC (IMVT), TARSUS PHARMACEUTICALS INC (TARS) and STRUCTURE THERAPEUTICS INC.
The top stock holdings of Cormorant Asset Management, LP are MLTX, BBIO, . The fund has invested 27.1% of it's portfolio in MOONLAKE IMMUNOTHERAPEUTICS and 7.2% of portfolio in BRIDGEBIO PHARMA INC.
The fund managers got completely rid off PROTAGONIST THERAPEUTICS INC (PTGX), DESIGN THERAPEUTICS INC (DSGN) and 89BIO INC (ETNB) stocks. They significantly reduced their stock positions in ROCKET PHARMACEUTICALS INC (RCKT), ENLIVEN THERAPEUTICS INC and ZENTALIS PHARMACEUTICALS INC (ZNTL). Cormorant Asset Management, LP opened new stock positions in CRINETICS PHARMACEUTICALS IN (CRNX), RAYZEBIO INC and ALPINE IMMUNE SCIENCES INC (ALPN). The fund showed a lot of confidence in some stocks as they added substantially to IMMUNOVANT INC (IMVT), TARSUS PHARMACEUTICALS INC (TARS) and STRUCTURE THERAPEUTICS INC.
New Buys
| Ticker | $ Bought |
|---|---|
| AMBRX BIOPHARMA INC | 159,929,000 |
| CARGO THERAPEUTICS INC | 27,376,300 |
| SYNDAX PHARMACEUTICALS INC | 25,391,800 |
| KORRO BIO INC | 25,363,100 |
| ABIVAX SA | 22,791,000 |
| SPYRE THERAPEUTICS INC | 20,166,000 |
| NEUROGENE INC | 14,461,000 |
| PRAXIS PRECISION MEDICINES I | 14,110,900 |
New stocks bought by Cormorant Asset Management, LP
Additions
| Ticker | % Inc. |
|---|---|
| HARPOON THERAPEUTICS INC | 4,245 |
| AUTOLUS THERAPEUTICS PLC | 1,289 |
| ALX ONCOLOGY HLDGS INC | 413 |
| EYEPOINT PHARMACEUTICALS INC | 88.69 |
| RAPT THERAPEUTICS INC | 52.85 |
| ALPINE IMMUNE SCIENCES INC | 34.21 |
| PHARVARIS N V | 25.71 |
| MARINUS PHARMACEUTICALS INC | 23.81 |
Additions to existing portfolio by Cormorant Asset Management, LP
Reductions
| Ticker | % Reduced |
|---|---|
| APELLIS PHARMACEUTICALS INC | -68.75 |
| CYMABAY THERAPEUTICS INC | -53.25 |
| OLEMA PHARMACEUTICALS INC | -45.46 |
| DISC MEDICINE INC | -44.44 |
| RHYTHM PHARMACEUTICALS INC | -35.29 |
| BRIDGEBIO PHARMA INC | -28.28 |
| IDEAYA BIOSCIENCES INC | -25.00 |
| AEROVATE THERAPEUTICS INC | -22.41 |
Cormorant Asset Management, LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ERASCA INC | -21,302,100 |
| AMBRX BIOPHARMA INC | -114,122,000 |
| PRAXIS PRECISION MEDICINES I | -16,245,000 |
| CABALETTA BIO INC | -43,824,800 |
| AVIDITY BIOSCIENCES INC | -11,242,300 |
| ENLIVEN THERAPEUTICS INC | -16,620,300 |
| STRUCTURE THERAPEUTICS INC | -53,262,300 |
| COGENT BIOSCIENCES INC | -9,750,000 |
Cormorant Asset Management, LP got rid off the above stocks
Current Stock Holdings of Cormorant Asset Management, LP
Last Reported on: 14 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ACLX | ARCELLX INC | 4.51 | 1,700,000 | 94,350,000 | REDUCED | -20.93 | |
| AGLE | SPYRE THERAPEUTICS INC | 0.96 | 937,080 | 20,166,000 | NEW | ||
| ALPN | ALPINE IMMUNE SCIENCES INC | 2.32 | 2,550,000 | 48,603,000 | ADDED | 34.21 | |
| ALXO | ALX ONCOLOGY HLDGS INC | 2.23 | 3,142,080 | 46,785,600 | ADDED | 413 | |
| AMAM | AMBRX BIOPHARMA INC | 7.64 | 11,231,000 | 159,929,000 | NEW | ||
| AMAM | AMBRX BIOPHARMA INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| APLS | APELLIS PHARMACEUTICALS INC | 1.79 | 625,000 | 37,412,500 | REDUCED | -68.75 | |
| AUTL | AUTOLUS THERAPEUTICS PLC | 1.68 | 5,450,000 | 35,098,000 | ADDED | 1,289 | |
| AVTE | AEROVATE THERAPEUTICS INC | 1.31 | 1,211,700 | 27,420,700 | REDUCED | -22.41 | |
| AXNX | AXONICS INC | 0.74 | 250,000 | 15,557,500 | UNCHANGED | 0.00 | |
| BBIO | BRIDGEBIO PHARMA INC | 6.45 | 3,344,180 | 135,005,000 | REDUCED | -28.28 | |
| BCAB | BIOATLA INC | 0.14 | 1,181,120 | 2,905,540 | UNCHANGED | 0.00 | |
| BMEA | BIOMEA FUSION INC | 2.48 | 3,570,870 | 51,849,100 | UNCHANGED | 0.00 | |
| CABA | CABALETTA BIO INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CBAY | CYMABAY THERAPEUTICS INC | 2.03 | 1,800,000 | 42,516,000 | REDUCED | -53.25 | |
| CNTA | CENTESSA PHARMACEUTICALS PLC | 0.21 | 561,600 | 4,470,340 | UNCHANGED | 0.00 | |
| COGT | COGENT BIOSCIENCES INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| CRNX | CRINETICS PHARMACEUTICALS IN | 1.95 | 1,150,000 | 40,917,000 | ADDED | 4.36 | |
| ERAS | ERASCA INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| EWTX | EDGEWISE THERAPEUTICS INC | 1.33 | 2,551,990 | 27,918,800 | REDUCED | -13.4 | |
| EYPT | EYEPOINT PHARMACEUTICALS INC | 6.66 | 6,038,240 | 139,544,000 | ADDED | 88.69 | |
| GHRS | GH RESEARCH PLC | 0.16 | 593,043 | 3,439,650 | UNCHANGED | 0.00 | |
| HARP | HARPOON THERAPEUTICS INC | 1.08 | 2,349,060 | 22,550,900 | ADDED | 4,245 | |
| IDYA | IDEAYA BIOSCIENCES INC | 0.76 | 450,000 | 16,011,000 | REDUCED | -25.00 | |
| IMRX | IMMUNEERING CORP | 1.48 | 4,204,360 | 30,902,100 | UNCHANGED | 0.00 | |
| IMVT | IMMUNOVANT INC | 2.34 | 1,165,000 | 49,081,400 | REDUCED | -4.9 | |
| INSM | INSMED INC | 0.85 | 575,000 | 17,819,200 | UNCHANGED | 0.00 | |
| KRTX | KARUNA THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| LBPH | LONGBOARD PHARMACEUTICALS IN | 0.68 | 2,353,140 | 14,189,400 | UNCHANGED | 0.00 | |
| LNTH | LANTHEUS HLDGS INC | 0.22 | 75,000 | 4,650,000 | NEW | ||
| MLTX | MOONLAKE IMMUNOTHERAPEUTICS | 24.50 | 8,494,150 | 512,962,000 | ADDED | 4.32 | |
| MRNS | MARINUS PHARMACEUTICALS INC | 1.69 | 3,250,000 | 35,327,500 | ADDED | 23.81 | |
| OLMA | OLEMA PHARMACEUTICALS INC | 1.65 | 2,456,800 | 34,468,900 | REDUCED | -45.46 | |
| ORTX | ORCHARD THERAPEUTICS PLC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| PCVX | VAXCYTE INC | 1.99 | 665,000 | 41,762,000 | UNCHANGED | 0.00 | |
| PHVS | PHARVARIS N V | 2.29 | 1,711,460 | 48,006,500 | ADDED | 25.71 | |
| PRAX | PRAXIS PRECISION MEDICINES I | 0.67 | 633,345 | 14,110,900 | NEW | ||
| PRAX | PRAXIS PRECISION MEDICINES I | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RAPT | RAPT THERAPEUTICS INC | 0.59 | 496,750 | 12,344,200 | ADDED | 52.85 | |
| RCKT | ROCKET PHARMACEUTICALS INC | 0.64 | 450,000 | 13,486,500 | UNCHANGED | 0.00 | |
| RNA | AVIDITY BIOSCIENCES INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RYTM | RHYTHM PHARMACEUTICALS INC | 1.21 | 550,000 | 25,283,500 | REDUCED | -35.29 | |
| SNDX | SYNDAX PHARMACEUTICALS INC | 1.21 | 1,175,000 | 25,391,800 | NEW | ||
| STOK | STOKE THERAPEUTICS INC | 0.27 | 1,087,810 | 5,721,860 | UNCHANGED | 0.00 | |
| TARS | TARSUS PHARMACEUTICALS INC | 2.15 | 2,221,420 | 44,983,800 | REDUCED | -15.26 | |
| VERV | VERVE THERAPEUTICS INC | 0.23 | 350,000 | 4,879,000 | UNCHANGED | 0.00 | |
| VIGL | VIGIL NEUROSCIENCE INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| VYNE | VYNE THERAPEUTICS INC | 0.16 | 1,394,340 | 3,248,800 | NEW | ||
| ZNTL | ZENTALIS PHARMACEUTICALS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| RAYZEBIO INC | 3.60 | 1,213,480 | 75,441,900 | ADDED | 2.64 | ||
| CARGO THERAPEUTICS INC | 1.31 | 1,182,560 | 27,376,300 | NEW | |||
| KORRO BIO INC | 1.21 | 529,170 | 25,363,100 | NEW | |||
| ABIVAX SA | 1.09 | 2,130,000 | 22,791,000 | NEW | |||
| NEUROGENE INC | 0.69 | 746,180 | 14,461,000 | NEW | |||
| DISC MEDICINE INC | 0.34 | 125,000 | 7,220,000 | REDUCED | -44.44 | ||
| BIOHAVEN LTD | 0.17 | 81,963 | 3,508,020 | UNCHANGED | 0.00 | ||
| NEUMORA THERAPEUTICS INC. | 0.07 | 92,293 | 1,573,600 | UNCHANGED | 0.00 | ||
| STRUCTURE THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | ||
| ENLIVEN THERAPEUTICS INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 |