Cormorant Asset Management’s Praxis Precision Medicines PRAX Stock Holding History
Bought
Maintained
Sold
Other funds holding PRAX
JT
PA
BBA
OAG
Cormorant Asset Management's PRAX Position: Q2 2026 in Review
Cormorant Asset Management reduced its Praxis Precision Medicines (PRAX) stake by 28% in Q2 2026, selling an estimated $77.7M and leaving 640,000 shares worth $214M. The position accounts for 10.98% of the portfolio, ranked #1.
Cormorant Asset Management first reported a position in PRAX in Q4 2020 and has held it in 19 quarters since. The position peaked at $285M in Q1 2026. 309 funds tracked by Wall St. Rank hold PRAX as of Q2 2026.
- Cormorant Asset Management held 640,000 shares of Praxis Precision Medicines worth $214M as of Q2 2026.
- Cormorant Asset Management sold 245,500 Praxis Precision Medicines shares in Q2 2026, an estimated $77.7M.
- Praxis Precision Medicines made up 10.98% of Cormorant Asset Management's portfolio in Q2 2026, its #1 holding.
- Cormorant Asset Management first reported a position in Praxis Precision Medicines in Q4 2020 and has held it in 19 quarters since.
- Cormorant Asset Management's Praxis Precision Medicines position peaked at $285M in Q1 2026.
- 309 funds tracked by Wall St. Rank held Praxis Precision Medicines as of Q2 2026.
Based on Cormorant Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.