Cormorant Asset Management, LP Diversified Active

Location: Boston, MA

CIK: 0001583977 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 17, 2026

Total Value: $2.163B (100.0% shares, 0.0% debt)

Holdings (35)

PRAX PRAXIS PRECISION MEDICINES I 12.9%
Value $280M Shares 950,000 Est. Cost $54.23 Unrealized +243.4%
BBOT BRIDGEBIO ONCOLOGY THERAPEUT 10.4%
Value $224M Shares 17,878,594 Est. Cost $11.58 Unrealized
ABVX ABIVAX SA 8.4%
Value $182M Shares 1,350,000 Est. Cost $10.70 Unrealized
QQQ INVESCO QQQ TR 7.1%
Value $154M Shares 250,000 Est. Cost Unrealized
EYPT EYEPOINT INC 7.0%
Value $151M Shares 8,265,000 Est. Cost $11.03 Unrealized +28.4%
IWM ISHARES TR 5.7%
Value $123M Shares 500,000 Est. Cost Unrealized
XBI SPDR SERIES TRUST 5.6%
Value $122M Shares 1,000,000 Est. Cost Unrealized
RAPP RAPPORT THERAPEUTICS INC 4.2%
Value $91.85M Shares 3,027,521 Est. Cost $22.73 Unrealized +21.7%
BBIO BRIDGEBIO PHARMA INC 4.2%
Value $91.79M Shares 1,200,000 Est. Cost $20.96 Unrealized +213.2%
DRUG BRIGHT MINDS BIOSCIENCES INC 3.8%
Value $82.67M Shares 1,059,331 Est. Cost $35.19 Unrealized +89.9%
EWTX EDGEWISE THERAPEUTICS INC 3.8%
Value $81.52M Shares 3,285,000 Est. Cost $23.73 Unrealized -15.4%
OLMA OLEMA PHARMACEUTICALS INC 3.2%
Value $68.75M Shares 2,750,000 Est. Cost $17.79 Unrealized 0.0%
MLTX MOONLAKE IMMUNOTHERAPEUTICS 2.7%
Value $57.4M Shares 4,355,433 Est. Cost $11.99 Unrealized -1.6%
INSM INSMED INC 2.2%
Value $47.86M Shares 275,000 Est. Cost $37.15 Unrealized +391.2%
ENGN ENGENE HOLDINGS INC 1.7%
Value $36.12M Shares 4,000,000 Est. Cost $8.99 Unrealized -10.8%
ALMS ALUMIS INC 1.6%
Value $35.48M Shares 3,635,596 Est. Cost $10.71 Unrealized -34.8%
MBX MBX BIOSCIENCES INC 1.6%
Value $35.32M Shares 1,120,000 Est. Cost $18.80 Unrealized +29.1%
NAMS NEWAMSTERDAM PHARMA COMPANY 1.6%
Value $35.08M Shares 1,000,000 Est. Cost $20.31 Unrealized +79.2%
CNTA CENTESSA PHARMACEUTICALS PLC 1.5%
Value $33.14M Shares 1,325,000 Est. Cost $13.13 Unrealized
PHVS PHARVARIS N V 1.4%
Value $30.05M Shares 1,083,000 Est. Cost $21.48 Unrealized +12.1%
BIOA BIOAGE LABS INC 1.2%
Value $27M Shares 2,040,605 Est. Cost $18.97 Unrealized -53.3%
ASND ASCENDIS PHARMA A/S 1.0%
Value $21.32M Shares 100,000 Est. Cost $213.24 Unrealized
TARS TARSUS PHARMACEUTICALS INC 0.9%
Value $20.47M Shares 250,000 Est. Cost $21.36 Unrealized +249.5%
CRBP CORBUS PHARMACEUTICALS HLDGS 0.9%
Value $19.09M Shares 2,344,971 Est. Cost $28.57 Unrealized -56.8%
GHRS GH RESEARCH PLC 0.8%
Value $16.51M Shares 1,300,000 Est. Cost $13.91 Unrealized -2.1%
ORKA ORUKA THERAPEUTICS INC 0.7%
Value $16.17M Shares 533,340 Est. Cost $14.82 Unrealized +88.0%
ARQT ARCUTIS BIOTHERAPEUTICS INC 0.7%
Value $14.52M Shares 500,000 Est. Cost $7.71 Unrealized +231.9%
CRNX CRINETICS PHARMACEUTICALS IN 0.6%
Value $13.96M Shares 300,000 Est. Cost $24.75 Unrealized +79.8%
AXSM AXSOME THERAPEUTICS INC 0.6%
Value $13.7M Shares 75,000 Est. Cost $74.04 Unrealized +88.6%
CABA CABALETTA BIO INC 0.4%
Value $9.636M Shares 4,400,000 Est. Cost $1.56 Unrealized +58.9%
JANX JANUX THERAPEUTICS INC 0.4%
Value $8.97M Shares 650,000 Est. Cost $40.93 Unrealized -42.5%
COGT COGENT BIOSCIENCES INC 0.4%
Value $7.992M Shares 225,000 Est. Cost $28.11 Unrealized 0.0%
PCVX VAXCYTE INC 0.3%
Value $5.768M Shares 125,000 Est. Cost $53.56 Unrealized -16.5%
AMLX AMYLYX PHARMACEUTICALS INC 0.2%
Value $4.832M Shares 400,000 Est. Cost $9.41 Unrealized +44.3%
BHVN BIOHAVEN LTD 0.0%
Value $113K Shares 10,000 Est. Cost $43.60 Unrealized -71.6%