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 09/30/16. The fund's latest filing disclosed 907MM in positions, representing 70% of the manager's regulatory AUM.

CORMORANT ASSET StockAlpha

+8.1%
Top 25%
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Fundamental & Technical Factor Exposure

Market Cap Beta Volatility
Momentum (12M) Momentum (6M) Momentum (3M)
Price/Book Price/Earnings Price/Cash Flow
Dividend Yield Sales Growth Earnings Growth
ROE ROA ROC
EBIDTA Margin Debt/Assets Hedge Fund Crowding

CORMORANT ASSET Since Last Filing Return Details

Ticker Size Sector Stock Move StockAlpha Attribution Days to Liquidate Trade Crowdedness
ALDR 6.1% Health -30.88% -1.38% 2 1%
NVRO 5.65% Health -28.75% -1.3% 1 4%
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FEATURED IN
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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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CORMORANT ASSET Portfolio Concentration

CORMORANT ASSET Location

200 CLARENDON STREET
52ND FLOOR
BOSTON, Massachusetts
UNITED STATES, 02116

CORMORANT ASSET Contact Information

Phone Number: 857-702-0388
Fax Number: 617-507-5905
Website:

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