Fund Holdings

Cormorant Asset Management, LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
ERASCA INC(ERAS)05,800,000+5,800,000093,844,0004.73%+93,844,000
DIANTHUS THERAPEUTICS INC(DNTH)0950,000+950,000079,724,0004.02%+79,724,000
ALUMIS INC03,949,241+3,949,241087,001,7794.39%+87,001,779
DAMORA THERAPEUTICS INC(DMRA)01,525,000+1,525,000039,497,5001.99%+39,497,500
TANGO THERAPEUTICS INC(TNGX)01,425,000+1,425,000029,811,0001.50%+29,811,000
MOONLAKE IMMUNOTHERAPEUTICS(MLTX)04,480,433+4,480,433083,515,2714.21%+83,515,271
AGOMAB THERAPEUTICS NV02,465,348+2,465,348025,861,5011.30%+25,861,501
BIOAGE LABS INC02,890,605+2,890,605050,556,6812.55%+50,556,681
MAZE THERAPEUTICS INC(MAZE)0750,000+750,000022,387,5001.13%+22,387,500
EDGEWISE THERAPEUTICS INC(EWTX)03,260,000+3,260,0000102,690,0005.18%+102,690,000
ROIVANT SCIENCES LTD(ROIV)0750,000+750,000020,775,0001.05%+20,775,000
ADLAI NORTYE LTD02,897,857+2,897,857020,053,1701.01%+20,053,170
TERNS PHARMACEUTICALS INC0300,000+300,000015,816,0000.80%+15,816,000
BIOHAVEN LTD(BHVN)01,760,000+1,760,000014,889,6000.75%+14,889,600
HELIX ACQUISITION CORP III01,297,500+1,297,500013,182,6000.66%+13,182,600
ORUKA THERAPEUTICS INC(ORKA)0533,340+533,340026,160,3271.32%+26,160,327
SENSEI BIOTHERAPEUTICS INC0306,222+306,22209,652,1170.49%+9,652,117
ZURA BIO LTD01,450,000+1,450,00008,627,5000.43%+8,627,500
CENTESSA PHARMACEUTICALS PLC(CNTA)01,050,000+1,050,000041,706,0002.10%+41,706,000
STRUCTURE THERAPEUTICS INC0175,000+175,00008,435,0000.43%+8,435,000
OLEMA PHARMACEUTICALS INC(OLMA)(Call)0500,000+500,00007,455,000+7,455,000
MONTE ROSA THERAPEUTICS INC(GLUE)0400,000+400,00006,580,0000.33%+6,580,000
ARROWHEAD PHARMACEUTICALS IN(ARWR)0100,000+100,00006,270,0000.32%+6,270,000
PRAXIS PRECISION MEDICINES I(PRAX)0885,500+885,5000285,299,24514.38%+285,299,245
CABALETTA BIO INC05,500,000+5,500,000014,795,0000.75%+14,795,000
RALLYBIO CORP0400,000+400,00003,588,0000.18%+3,588,000
CORBUS PHARMACEUTICALS HLDGS02,344,971+2,344,971022,019,2781.11%+22,019,278
CONTEXT THERAPEUTICS INC0529,550+529,55001,387,4210.07%+1,387,421
RAPPORT THERAPEUTICS INC(RAPP)02,957,521+2,957,521092,540,8324.67%+92,540,832
ASCENDIS PHARMA A/S(ASND)095,000+95,000021,729,3501.10%+21,729,350
VAXCYTE INC(PCVX)0100,000+100,00005,811,0000.29%+5,811,000
AMYLYX PHARMACEUTICALS INC(AMLX)0350,000+350,00004,865,0000.25%+4,865,000
COGENT BIOSCIENCES INC(COGT)0200,000+200,00007,698,0000.39%+7,698,000
PHARVARIS N V01,000,000+1,000,000028,250,0001.42%+28,250,000
MBX BIOSCIENCES INC(MBX)01,120,000+1,120,000033,432,0001.69%+33,432,000
ARCUTIS BIOTHERAPEUTICS INC(ARQT)0450,000+450,000010,602,0000.53%+10,602,000
NEWAMSTERDAM PHARMA COMPANY0950,000+950,000030,409,5001.53%+30,409,500
TARSUS PHARMACEUTICALS INC(TARS)0225,000+225,000015,783,7500.80%+15,783,750
CRINETICS PHARMACEUTICALS IN(CRNX)0250,000+250,00009,080,0000.46%+9,080,000
AXSOME THERAPEUTICS INC.(AXSM)050,000+50,00008,451,0000.43%+8,451,000
BRIGHT MINDS BIOSCIENCES INC01,059,331+1,059,331077,299,3833.90%+77,299,383
JANUX THERAPEUTICS INC(JANX)000000
OLEMA PHARMACEUTICALS INC(OLMA)03,900,000+3,900,000058,149,0002.93%+58,149,000
GH RESEARCH PLC(GHRS)000000
INSMED INC(INSM)0190,000+190,000031,068,8001.57%+31,068,800
BRIDGEBIO PHARMA INC(BBIO)0850,000+850,000063,121,0003.18%+63,121,000
ENGENE HOLDINGS INC000000
EYEPOINT INC(EYPT)08,265,000+8,265,0000106,535,8505.37%+106,535,850
BRIDGEBIO ONCOLOGY THERAPEUT017,878,594+17,878,5940160,013,4168.07%+160,013,416
ABIVAX SA(ABVX)0760,000+760,000084,626,0004.27%+84,626,000
SPDR SERIES TRUST(Put)000000
ISHARES TR(Put)000000
INVESCO QQQ TR(Put)000000
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