CORMORANT ASSET Overview
Cormorant Asset Management Llc is a hedge fund that manages 1.3 BN dollars in regulatory AUM and has 4 employees, of which 2 perform investment advisory functions.
The manager's has disclosed holdings from 12/31/13 to 03/31/23. The fund's latest filing disclosed 1BN in positions, representing 114% of the manager's regulatory AUM.
The manager's has disclosed holdings from 12/31/13 to 03/31/23. The fund's latest filing disclosed 1BN in positions, representing 114% of the manager's regulatory AUM.
CORMORANT ASSET StockAlpha
| Top 25% |
3yr StockAlpha
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Fundamental & Technical Factor Exposure
CORMORANT ASSET Since Last Filing Return Details
| Ticker | Size | Sector | Stock Move | StockAlpha Attribution | Days to Liquidate | Trade Crowdedness | ||
|---|---|---|---|---|---|---|---|---|
| RXDX | 11.98% | Health | 85.28% | 9.54% | 3 | 4% | ||
| MLTX | 9.94% | Financials | 31.6% | 2.98% | 13 | 0% | ||
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FEATURED IN
CORMORANT ASSET Founders and Key Employees
| Name | Title | In Position Since |
|---|
| Bihua Chen | Managing Member & Chief Executive Officer | March-2013 |
| Edward J. Scollins | Member, Chief Compliance Officer, Chief Financial Officer & Chief Operating Officer | March-2013 |
CORMORANT ASSET Brokers, Custodians, Auditors and Administrators
| Type | Company |
|---|
| Administrator | Pro |
| Auditor | Pro |
| Custodian | Pro |
| Custodian | Pro |
| Custodian | Pro |
| Prime Broker | Pro |
| Prime Broker | Pro |
| Prime Broker | Pro |
CORMORANT ASSET Investment Strategy
Methods of Analysis, Investment Strategies and Risk of Loss
Item 8.A Describe the methods of analysis and investment strategies you use in formulating investment advice or managing assets. Explain that investing in securities involves risk of loss that clients should be prepared to bear.
Investment Objective and Strategy
The Funds’ investment objective is to seek superior risk-adjusted returns
with low market correlation. Cormorant intends to accomplish this objective primarily through a combination of long investment positions and short selling to achieve capital appreciation while attempting to preserve capital and mitigate risk through hedging activities. Cormorant anticipates that most of the Funds’ assets will be invested on a global basis in publicly traded equity securities in the healthcare and life science industries.
The life science industry has and will continue to play a major role in our society and economy. Due...
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Item 8.A Describe the methods of analysis and investment strategies you use in formulating investment advice or managing assets. Explain that investing in securities involves risk of loss that clients should be prepared to bear.
Investment Objective and Strategy
The Funds’ investment objective is to seek superior risk-adjusted returns
with low market correlation. Cormorant intends to accomplish this objective primarily through a combination of long investment positions and short selling to achieve capital appreciation while attempting to preserve capital and mitigate risk through hedging activities. Cormorant anticipates that most of the Funds’ assets will be invested on a global basis in publicly traded equity securities in the healthcare and life science industries.
The life science industry has and will continue to play a major role in our society and economy. Due...
Unlock Full Investment Process Description
CORMORANT ASSET Portfolio Concentration
CORMORANT ASSET Location
200 CLARENDON STREET
52ND FLOOR
BOSTON, Massachusetts
UNITED STATES, 02116
52ND FLOOR
BOSTON, Massachusetts
UNITED STATES, 02116
CORMORANT ASSET Contact Information
Phone Number: 857-702-0388
Fax Number: 617-507-5905
Website: null
Fax Number: 617-507-5905
Website: null
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