In Q1 2025, Cormorant Asset Management held 38 positions worth $1.3B. They exited 56. Their largest holding was MLTX ($331.9M). Portfolio value shrank -28.7% versus the prior quarter.
Frequently asked questions
What stocks did Cormorant Asset Management own in Q1 2025?
Cormorant Asset Management held 38 biotech stocks in their 13F portfolio in Q1 2025. Their top positions include MLTX, EWTX, BBIO, ACLX, PRAX. The full holdings table is available on BiotechEdge with position sizes, quarter-over-quarter changes, and AI analysis.
How much was Cormorant Asset Management's portfolio worth in Q1 2025?
Cormorant Asset Management's tracked biotech portfolio was worth $1.3B across 38 positions, with total assets under management of approximately $4B. Portfolio values are based on 13F filings with the SEC.
What did Cormorant Asset Management buy in Q1 2025?
Cormorant Asset Management did not initiate any new positions in Q1 2025, but increased 7 existing holdings.
What did Cormorant Asset Management sell in Q1 2025?
Cormorant Asset Management fully exited 56 positions in Q1 2025, including SYRE, CBAY, IMVT, NMRA, OLMA and 51 more. They also trimmed 13 existing positions.
Is Cormorant Asset Management a biotech fund?
Healthcare-focused crossover fund that invests from late-stage private through public markets. Known for concentrated, high-conviction positions in clinical and commercial-stage biotech companies with strong scientific differentiation.
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