Cormorant Asset Management, LP Diversified Active

Location: Boston, MA

CIK: 0001583977 · Show all filings

Period: Q4 2013 (Next →)

Filing Date: Feb 14, 2014

Total Value: $345M (100.0% shares, 0.0% debt)

Holdings (37)

— MEDIVATION INC 10.1%

Value $34.9M Shares 546,900 Est. Cost $63.82 Unrealized —

— CUBIST PHARMACEUTICALS INC 8.0%

Value $27.55M Shares 400,000 Est. Cost $68.87 Unrealized —

— KERYX BIOPHARMACEUTICALS 6.4%

Value $22.02M Shares 1,700,000 Est. Cost $12.95 Unrealized —

— DYAX CORP 6.2%

Value $21.48M Shares 2,850,000 Est. Cost $7.54 Unrealized —

PBYI PUMA BIOTECHNOLOGY INC 6.0%

Value $20.71M Shares 200,000 Est. Cost $58.69 Unrealized 0.0%

— CELGENE CORP 5.9%

Value $20.28M Shares 120,000 Est. Cost $168.97 Unrealized —

ACAD ACADIA PHARMACEUTICALS INC 5.8%

Value $19.99M Shares 800,000 Est. Cost $23.59 Unrealized 0.0%

— IDENIX PHARMACEUTICALS INC 5.1%

Value $17.49M Shares 2,925,000 Est. Cost $5.98 Unrealized —

GERN GERON CORP 4.7%

Value $16.1M Shares 3,397,156 Est. Cost $4.29 Unrealized 0.0%

ALNY ALNYLAM PHARMACEUTICALS INC 4.7%

Value $16.07M Shares 250,000 Est. Cost $59.65 Unrealized 0.0%

BMY BRISTOL-MYERS SQUIBB CO 4.2%

Value $14.35M Shares 270,000 Est. Cost $34.16 Unrealized 0.0%

— ARROWHEAD RESEARCH CORP 3.1%

Value $10.8M Shares 995,500 Est. Cost $10.85 Unrealized —

DXCM DEXCOM INC 3.1%

Value $10.62M Shares 300,000 Est. Cost $7.91 Unrealized 0.0%

— RECEPTOS INC 2.9%

Value $10.15M Shares 350,000 Est. Cost $28.99 Unrealized —

— ARRAY BIOPHARMA INC 2.5%

Value $8.768M Shares 1,750,000 Est. Cost $5.01 Unrealized —

— ACELRX PHARMACEUTICALS INC 2.5%

Value $8.483M Shares 750,000 Est. Cost $11.31 Unrealized —

— TESARO INC 2.5%

Value $8.472M Shares 300,000 Est. Cost $28.24 Unrealized —

— CLOVIS ONCOLOGY INC 2.1%

Value $7.19M Shares 119,300 Est. Cost $60.27 Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 2.0%

Value $7.035M Shares 100,000 Est. Cost $67.90 Unrealized 0.0%

— ALKERMES PLC 1.8%

Value $6.099M Shares 150,000 Est. Cost $40.66 Unrealized —

— AMAG PHARMACEUTICALS INC 1.8%

Value $6.07M Shares 250,000 Est. Cost $24.28 Unrealized —

PODD INSULET CORP 1.6%

Value $5.565M Shares 150,000 Est. Cost $36.94 Unrealized 0.0%

— NOVAVAX INC 1.5%

Value $5.12M Shares 1,000,000 Est. Cost $5.12 Unrealized —

PCRX PACIRA PHARMACEUTICALS INC 0.8%

Value $2.875M Shares 50,000 Est. Cost $52.58 Unrealized 0.0%

SGMO SANGAMO BIOSCIENCES INC 0.7%

Value $2.309M Shares 166,200 Est. Cost $11.51 Unrealized 0.0%

— KARYOPHARM THERAPEUTICS INC 0.7%

Value $2.292M Shares 100,000 Est. Cost $22.92 Unrealized —

— CHIMERIX INC 0.6%

Value $2.161M Shares 143,000 Est. Cost $15.11 Unrealized —

BCRX BIOCRYST PHARMACEUTICALS 0.6%

Value $2.037M Shares 268,000 Est. Cost $6.33 Unrealized 0.0%

— PORTOLA PHARMACEUTICALS INC 0.6%

Value $1.931M Shares 75,000 Est. Cost $25.75 Unrealized —

— OSIRIS THERAPEUTICS INC NEW 0.5%

Value $1.733M Shares 107,800 Est. Cost $16.08 Unrealized —

— XENOPORT INC 0.3%

Value $1.15M Shares 200,000 Est. Cost $5.75 Unrealized —

— REGULUS THERAPEUTICS INC 0.2%

Value $739K Shares 100,000 Est. Cost $7.39 Unrealized —

— MOMENTA PHARMACEUTICALS INC 0.1%

Value $490K Shares 27,700 Est. Cost $17.69 Unrealized —

PTCT PTC THERAPEUTICS INC 0.1%

Value $489K Shares 28,800 Est. Cost $17.58 Unrealized 0.0%

— DENDREON CORP 0.1%

Value $449K Shares 150,000 Est. Cost $2.99 Unrealized —

— FIVE PRIME THERAPEUTICS INC 0.1%

Value $336K Shares 20,000 Est. Cost $16.80 Unrealized —

ENTA ENANTA PHARMACEUTICALS INC 0.1%

Value $273K Shares 10,000 Est. Cost $24.23 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	MEDIVATION INC	546,900	$34.9M	10.1%	$63.82	—	COM	58501N101
—	CUBIST PHARMACEUTICALS INC	400,000	$27.55M	8.0%	$68.87	—	COM	229678107
—	KERYX BIOPHARMACEUTICALS	1,700,000	$22.02M	6.4%	$12.95	—	COM	492515101
—	DYAX CORP	2,850,000	$21.48M	6.2%	$7.54	—	COM	26746E103
PBYI	PUMA BIOTECHNOLOGY INC	200,000	$20.71M	6.0%	$58.69	0.0%	COM	74587V107
—	CELGENE CORP	120,000	$20.28M	5.9%	$168.97	—	COM	151020104
ACAD	ACADIA PHARMACEUTICALS INC	800,000	$19.99M	5.8%	$23.59	0.0%	COM	004225108
—	IDENIX PHARMACEUTICALS INC	2,925,000	$17.49M	5.1%	$5.98	—	COM	45166R204
GERN	GERON CORP	3,397,156	$16.1M	4.7%	$4.29	0.0%	COM	374163103
ALNY	ALNYLAM PHARMACEUTICALS INC	250,000	$16.07M	4.7%	$59.65	0.0%	COM	02043Q107
BMY	BRISTOL-MYERS SQUIBB CO	270,000	$14.35M	4.2%	$34.16	0.0%	COM	110122108
—	ARROWHEAD RESEARCH CORP	995,500	$10.8M	3.1%	$10.85	—	COM NEW	042797209
DXCM	DEXCOM INC	300,000	$10.62M	3.1%	$7.91	0.0%	COM	252131107
—	RECEPTOS INC	350,000	$10.15M	2.9%	$28.99	—	COM	756207106
—	ARRAY BIOPHARMA INC	1,750,000	$8.768M	2.5%	$5.01	—	COM	04269X105
—	ACELRX PHARMACEUTICALS INC	750,000	$8.483M	2.5%	$11.31	—	COM	00444T100
—	TESARO INC	300,000	$8.472M	2.5%	$28.24	—	COM	881569107
—	CLOVIS ONCOLOGY INC	119,300	$7.19M	2.1%	$60.27	—	COM	189464100
BMRN	BIOMARIN PHARMACEUTICAL INC	100,000	$7.035M	2.0%	$67.90	0.0%	COM	09061G101
—	ALKERMES PLC	150,000	$6.099M	1.8%	$40.66	—	SHS	00B56GVS1
—	AMAG PHARMACEUTICALS INC	250,000	$6.07M	1.8%	$24.28	—	COM	00163U106
PODD	INSULET CORP	150,000	$5.565M	1.6%	$36.94	0.0%	COM	45784P101
—	NOVAVAX INC	1,000,000	$5.12M	1.5%	$5.12	—	COM	670002104
PCRX	PACIRA PHARMACEUTICALS INC	50,000	$2.875M	0.8%	$52.58	0.0%	COM	695127100
SGMO	SANGAMO BIOSCIENCES INC	166,200	$2.309M	0.7%	$11.51	0.0%	COM	800677106
—	KARYOPHARM THERAPEUTICS INC	100,000	$2.292M	0.7%	$22.92	—	COM	48576U106
—	CHIMERIX INC	143,000	$2.161M	0.6%	$15.11	—	COM	16934W106
BCRX	BIOCRYST PHARMACEUTICALS	268,000	$2.037M	0.6%	$6.33	0.0%	COM	09058V103
—	PORTOLA PHARMACEUTICALS INC	75,000	$1.931M	0.6%	$25.75	—	COM	737010108
—	OSIRIS THERAPEUTICS INC NEW	107,800	$1.733M	0.5%	$16.08	—	COM	68827R108
—	XENOPORT INC	200,000	$1.15M	0.3%	$5.75	—	COM	98411C100
—	REGULUS THERAPEUTICS INC	100,000	$739K	0.2%	$7.39	—	COM	75915K101
—	MOMENTA PHARMACEUTICALS INC	27,700	$490K	0.1%	$17.69	—	COM	60877T100
PTCT	PTC THERAPEUTICS INC	28,800	$489K	0.1%	$17.58	0.0%	COM	69366J200
—	DENDREON CORP	150,000	$449K	0.1%	$2.99	—	COM	24823Q107
—	FIVE PRIME THERAPEUTICS INC	20,000	$336K	0.1%	$16.80	—	COM	33830X104
ENTA	ENANTA PHARMACEUTICALS INC	10,000	$273K	0.1%	$24.23	0.0%	COM	29251M106