Cormorant Asset Management’s Ardelyx ARDX Stock Holding History

Cormorant Asset Management’s Portfolio ARDX Stock Details ARDX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-572,738	Closed	-$3.78M	–	53
2017 Q4	$3.78M	Hold	572,738	–	–	0.44%	42
2017 Q3	$3.21M	Sell	572,738 -850,000	-60%	-$4.48M	0.58%	40
2017 Q2	$7.26M	Sell	1,422,738 -500,000	-26%	-$4.24M	1.21%	26
2017 Q1	$24.3M	Sell	1,922,738 -149,226	-7%	-$1.96M	3.53%	6
2016 Q4	$29.4M	Hold	2,071,964	–	–	3.97%	7
2016 Q3	$26.8M	Buy	2,071,964 +572,738	+38%	+$6M	2.96%	9
2016 Q2	$13.1M	Buy	1,499,226 +18,151	+1%	+$148K	1.86%	19
2016 Q1	$11.5M	Hold	1,481,075	–	–	1.73%	21
2015 Q4	$26.8M	Hold	1,481,075	–	–	3.21%	7
2015 Q3	$25.6M	Hold	1,481,075	–	–	4.09%	5
2015 Q2	$23.7M	Buy	1,481,075 +467,290	+46%	+$5.89M	3.14%	9
2015 Q1	$13.3M	Sell	1,013,785 -39,715	-4%	-$744K	2.05%	15
2014 Q4	$19.9M	Buy	1,053,500 +664,800	+171%	+$15.4M	3.09%	8
2014 Q3	$5.52M	Buy	+388,700	New	+$5.62M	1.14%	23

Other funds holding ARDX

NEA Management Company Timonium, Maryland $1.76B AUM 223.33% 1-Year Est. Return

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Deerfield Management New York $8.48B AUM 99.04% 1-Year Est. Return

Rock Springs Capital Management Baltimore, Maryland $1.7B AUM 93.03% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Marshall Wace North America New York $23.3B AUM 46.46% 1-Year Est. Return

Opaleye Management Boston, Massachusetts $758M AUM 124.8% 1-Year Est. Return

Fidelity Investments

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Dimensional Fund Advisors

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

JP Morgan Chase

JP Morgan Chase New York $1.47T AUM 27.86% 1-Year Est. Return