Fund HoldingsCormorant Asset Management, LP

Total Portfolio Value
$1.95B
Total Bought
$339.26M
Total Sold
$479.65M
Net Transaction
-$140.40M
Filing Period:
Securities
SharesValue ($K)
Q1 2026
Q2 2026
Change
Q1 2026
Q2 2026
Weight (%)
Change
PARABILIS MEDICINES INC04,615,612+4,615,6120126,3296.47%+126,329
CLIMB BIO INC02,106,000+2,106,000027,4621.41%+27,462
DAMORA THERAPEUTICS INC(DMRA)01,000,000+1,000,000026,0101.33%+26,010
ADLAI NORTYE LTD(ANL)2,897,8573,978,229+1,080,37220,05345,7502.34%+25,696
ORUKA THERAPEUTICS INC(ORKA)533,340533,340026,16050,7582.60%+24,598
BIOHAVEN LTD(BHVN)1,760,0002,610,000+850,00014,89038,8371.99%+23,947
SPYRE THERAPEUTICS INC(SYRE)0225,000+225,000019,9761.02%+19,976
DEFINIUM THERAPEUTICS INC(DFTX)0400,000+400,000018,8160.96%+18,816
RAPPORT THERAPEUTICS INC(RAPP)2,957,5212,657,521-300,00092,541110,7395.67%+18,198
ERASCA INC(ERAS)5,800,0006,000,000+200,00093,844109,9205.63%+16,076
ASCENDIS PHARMA A/S(ASND)050,000+50,000013,3360.68%+13,336
KAILERA THERAPEUTICS INC0550,000+550,000012,1170.62%+12,117
TANGO THERAPEUTICS INC(TNGX)1,425,0001,300,000-125,00029,81140,6382.08%+10,827
BIOAGE LABS INC2,890,6052,390,605-500,00050,55758,5943.00%+8,037
ENLIVEN THERAPEUTICS INC0150,000+150,00007,6130.39%+7,613
IBIO INC03,570,000+3,570,00006,2480.32%+6,248
AGOMAB THERAPEUTICS NV2,465,3482,465,348025,86232,0001.64%+6,139
ALUMIS INC3,949,2413,285,596-663,64587,00292,4574.74%+5,455
ABIVAX SA(ABVX)760,000675,000-85,00084,62689,9514.61%+5,325
RESEARCH ALLIANCE CORP III0370,000+370,00003,9590.20%+3,959
ALTIMMUNE INC01,250,000+1,250,00003,8000.19%+3,800
ODYSSEY THERAPEUTICS INC0175,000+175,00003,2740.17%+3,274
BOUNDLESS BIO INC01,000,000+1,000,00002,5000.13%+2,500
CABALETTA BIO INC5,500,0005,000,000-500,00014,79515,5500.80%+755
HELIX ACQUISITION CORP III1,297,5001,297,500013,18313,8050.71%+623
QUINCE THERAPEUTICS INC05,498+5,49801000.01%+100
CORBUS PHARMACEUTICALS HLDGS2,344,9712,344,971022,01921,9961.13%-23
EDGEWISE THERAPEUTICS INC(EWTX)3,260,0002,510,000-750,000102,690101,9815.23%-709
AMYLYX PHARMACEUTICALS INC(AMLX)350,000200,000-150,0004,8653,5920.18%-1,273
CONTEXT THERAPEUTICS INC529,5500-529,5501,3870-1,387
FAETH THERAPEUTICS INC306,2221,028,242+722,0209,6527,6560.39%-1,997
ARROWHEAD PHARMACEUTICALS IN(ARWR)100,00050,000-50,0006,2704,0760.21%-2,194
PHARVARIS N V
COM
1,000,000750,000-250,00028,25025,9351.33%-2,315
VAXCYTE INC(PCVX)100,00050,000-50,0005,8112,9070.15%-2,904
MBX BIOSCIENCES INC(MBX)1,120,000550,000-570,00033,43230,3601.56%-3,072
RALLYBIO CORP400,0000-400,0003,5880-3,588
COGENT BIOSCIENCES INC(COGT)200,000100,000-100,0007,6983,8700.20%-3,828
ROIVANT SCIENCES LTD(ROIV)750,000475,000-275,00020,77516,8100.86%-3,965
CRINETICS PHARMACEUTICALS IN(CRNX)250,000125,000-125,0009,0804,6780.24%-4,402
STRUCTURE THERAPEUTICS INC175,00075,000-100,0008,4354,0250.21%-4,410
ARCUTIS BIOTHERAPEUTICS INC(ARQT)450,000175,000-275,00010,6024,5890.24%-6,013
EYEPOINT INC(EYPT)8,265,0007,000,000-1,265,000106,536100,1005.13%-6,436
MONTE ROSA THERAPEUTICS INC(GLUE)400,0000-400,0006,5800-6,580
DIANTHUS THERAPEUTICS INC(DNTH)950,000750,000-200,00079,72473,1103.75%-6,614
OLEMA PHARMACEUTICALS INC(OLMA)(Call)500,0000-500,0007,4550-7,455
AXSOME THERAPEUTICS INC.(AXSM)50,0000-50,0008,4510-8,451
ZURA BIO LTD1,450,0000-1,450,0008,6280-8,627
TARSUS PHARMACEUTICALS INC(TARS)225,000100,000-125,00015,7846,2940.32%-9,490
NEWAMSTERDAM PHARMA COMPANY
ORDINARY SHARES
950,000500,000-450,00030,41016,9450.87%-13,464
BRIGHT MINDS BIOSCIENCES INC1,059,331900,000-159,33177,29963,1803.24%-14,119
TERNS PHARMACEUTICALS INC300,0000-300,00015,8160-15,816
MOONLAKE IMMUNOTHERAPEUTICS(MLTX)4,480,4333,205,433-1,275,00083,51562,4103.20%-21,105
ASCENDIS PHARMA A/S(ASND)95,0000-95,00021,7290-21,729
BRIDGEBIO PHARMA INC(BBIO)850,000550,000-300,00063,12140,9642.10%-22,157
MAZE THERAPEUTICS INC(MAZE)750,0000-750,00022,3880-22,387
INSMED INC(INSM)190,00075,000-115,00031,0697,9970.41%-23,072
BRIDGEBIO ONCOLOGY THERAPEUT17,878,59417,878,5940160,013136,2356.98%-23,779
OLEMA PHARMACEUTICALS INC(OLMA)3,900,0002,150,000-1,750,00058,14926,8971.38%-31,252
DAMORA THERAPEUTICS INC(DMRA)1,525,0000-1,525,00039,4980-39,497
CENTESSA PHARMACEUTICALS PLC1,050,0000-1,050,00041,7060-41,706
PRAXIS PRECISION MEDICINES I(PRAX)885,500640,000-245,500285,299214,26610.98%-71,034
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