Cormorant Asset Management EWTX Position
Active11-Fund ConvergenceCormorant Asset Management trimmed their position in Edgewise Therapeutics, Inc. (EWTX) in Q4 2025, holding $81.5M worth of shares across 3,285,000 shares.
The position was first reported in Q1 2023 and has been tracked across 12 quarterly 13F filings.
EWTX is a convergence signal: 11 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 2 readout for EDG-7500 in 77 days (Jun 30, 2026), making the timing of Cormorant's position particularly relevant.
Short interest stands at 10.3% of float with 10.5 days to cover, indicating significant bearish positioning against Cormorant's long thesis.
About Edgewise Therapeutics, Inc.
Edgewise Therapeutics, Inc., a biopharmaceutical company, develops small molecule therapies for musculoskeletal diseases. The Company's lead product candidate, EDG-5506, is an orally administered small molecule designed to address the root cause of dystrophinopathies including Duchenne muscular dystrophy and Becker muscular dystrophy which has completed Phase 1 clinical trial. It develops a pipeline of precision medicine product candidates that target key muscle proteins and modulators to address genetically defined muscle disorders. Edgewise Therapeutics, Inc. was incorporated in 2017 and is headquartered in Boulder, Colorado.
Full company profile →Short Interest
10.3%
10.5 days to cover
Cormorant Asset Management EWTX Position History
| Quarter | Action | Shares | Change | Value |
|---|---|---|---|---|
| Q4 2025 | Decreased | 3,285,000 | -725,000 | $81.5M |
| Q3 2025 | Decreased | 4,010,000 | -241,992 | $65.0M |
| Q2 2025 | Increased | 4,251,992 | +150,000 | $55.7M |
| Q1 2025 | Increased | 4,101,992 | +695,458 | $90.2M |
| Q4 2024 | Held | 3,406,534 | — | $91.0M |
| Q3 2024 | Increased | 3,406,534 | +400,000 | $90.9M |
| Q2 2024 | Held | 3,006,534 | — | $54.1M |
| Q1 2024 | Increased | 3,006,534 | +454,545 | $54.8M |
| Q4 2023 | Decreased | 2,551,989 | -394,898 | $27.9M |
| Q3 2023 | Held | 2,946,887 | — | $16.9M |
| Q2 2023 | Held | 2,946,887 | — | $22.8M |
| Q1 2023 | New | 2,946,887 | +2,946,887 | $19.7M |
Frequently Asked Questions
Does Cormorant Asset Management own EWTX?
Yes. As of Q4 2025, Cormorant Asset Management holds 3,285,000 shares of Edgewise Therapeutics, Inc. (EWTX) valued at $81.5M. This data comes from their SEC 13F filing.
How many hedge funds own EWTX?
11 specialist biotech hedge funds currently hold EWTX, including OrbiMed Advisors, RA Capital Management, Baker Bros. Advisors and 7 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Cormorant Asset Management first buy EWTX?
Cormorant Asset Management's position in EWTX was first reported in Q1 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Cormorant Asset Management's EWTX position increasing or decreasing?
Cormorant Asset Management trimmed their EWTX position in the most recent quarter, reducing by 725,000 shares.
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