Cormorant Asset Management, LP PRAX — PRAXIS PRECISION MEDICINES I

Ownership history in Cormorant Asset Management, LP  ·  9 quarters on record

AI Ownership Summary

Cormorant Asset Management, LP reported PRAXIS PRECISION MEDICINES I (PRAX) in 9 quarterly 13F filings from 2023 Q4 through 2025 Q4. Peak portfolio weight reached 12.95% in 2025 Q4. The latest visible filing shows PRAX at 12.95% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this PRAX ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Cormorant Asset Management, LP's position in PRAXIS PRECISION MEDICINES I, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

PRAX was reported at 12.95% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
12.95% in 2025 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

PRAX stock page Cormorant Asset Management, LP fund profile Cormorant Asset Management, LP full holdings
How Cormorant Asset Management, LP held PRAX — position size vs. price
% of Fund (quarterly)    PRAX price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 5.0% +9.3% ❌ 950,000 -50,000 -5.0% 12.95% $280.0M 2026-02-14 (Est.) $317.25
2025 Q3 REDUCED 38.5% +474.7% ❌ 1,000,000 -625,000 -38.5% 3.66% $53.0M 2025-11-14 $186.42
2025 Q2 REDUCED 6.9% +24.6% ❌ 1,625,000 -120,000 -6.9% 5.09% $68.3M 2025-08-14 $47.70
2025 Q1 ADDED — — — 1,745,000 +51,781 +3.1% 4.97% $66.1M 2025-05-15 $37.20
2024 Q4 ADDED — — — 1,693,219 +823,219 +94.6% 7.16% $130.3M 2025-02-14 $90.77
2024 Q3 ADDED — — — 870,000 +185,000 +27.0% 2.65% $50.1M 2024-11-14 $76.88
2024 Q2 REDUCED 47.7% +39.1% ❌ 685,000 -625,000 -47.7% 1.64% $28.3M 2024-08-14 $51.26
2024 Q1 ADDED — — — 1,310,000 +676,655 +106.8% 3.51% $79.9M 2024-05-15 $44.00
2023 Q4 INITIATED — — — 633,345 — — 0.67% $14.1M 2024-02-14 $42.29

🏢 Other funds also holding PRAX

As of 2026 Q1 — sorted by position size

MOODY ALDRICH PARTNERS LLC 3Y 7Y 1.26% QP WEALTH MANAGEMENT, LLC 3Y 0.55% PSP Research LLC 0.34% Englebert Financial Advisers, LLC 0.29% Pictet Asset Management Holding SA 0.1% CONGRESS ASSET MANAGEMENT CO 3Y 7Y 0.06% Inscription Capital, LLC 3Y 0.03% E Fund Management Co., Ltd. 3Y 0.02% Pinnacle Wealth Management Advisory Group, LLC 3Y 7Y 0.02% NBC SECURITIES, INC. 0.02%

FAQ About Cormorant Asset Management, LP and PRAX

These are the practical questions this page is built to answer before you even open the full history table.

How long has Cormorant Asset Management, LP reported owning PRAX?

Cormorant Asset Management, LP reported PRAX across 9 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

What was the largest reported PRAX position in Cormorant Asset Management, LP's portfolio?

The largest reported portfolio weight for PRAX was 12.95% in 2025 Q4.

What is the latest reported PRAX position on this page?

The most recent filing on this page is 2025 Q4, when Cormorant Asset Management, LP reported 950,000 shares, equal to 12.95% of portfolio, with an estimated market value of $280.0M.

What does the chart on this PRAX ownership page compare?

The chart compares Cormorant Asset Management, LP's quarterly PRAX portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Cormorant Asset Management, LP time their PRAX position?

Based on 13F filing dates vs. subsequent PRAX price moves, Cormorant Asset Management, LP correctly timed 4 out of 8 reported position changes (50%). The annualised alpha on PRAX relative to SPY over the holding period was +191.9%.

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