Cormorant Asset Management, LLC

Q1 2014 13F-HR Holdings

Location
Boston, MA
Holdings as of
3/31/2014
Date filed
5/15/2014
Form type
13F-HR
Num holdings
46
Total value ($000)
$434,881
Net value change ($000)
+90,308 (26.2%)
New positions
21
Sold out positions
12
Turnover %
49.2%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
INTERCEPT PHARMACEUTICALS, INC. 16,490 NEW
PTCT 13,888 2840.1%
JAZZ 13,868 NEW
BMRN 13,428 190.9%
PRTA 13,409 NEW
MRK 11,354 NEW
BCRX 10,320 506.6%
SRNE 8,974 NEW
ALKERMES PLC 8,818 NEW
RECEPTOS, INC. 8,726 86.0%
Top Reduces (Value $000, Stocks/ETFs)
KERYX BIOPHARMACEUTICALS -22,015 -100.0%
CELG -20,276 -100.0%
BMY -14,351 -100.0%
GERN -12,968 -80.5%
ALNY -12,718 -79.1%
ACAD -12,693 -63.5%
Alkermes Plc -6,099 -100.0%
AMAG -6,070 -100.0%
CUBIST PHARMACEUTICALS INC -5,603 -20.3%
PODD -5,565 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type