Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Corcept Therapeutics Inc (CORT)

346 + Investors. Track Smart Money conviction in CORT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -39
Streak
2Q ▼
Buyers last Q
44%

Smart Money Signals — CORT

Based on 350 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their CORT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 82% of 3.0Y peak

82% of all-time peak
350 funds currently hold this stock — 82% of the 3.0-year high of 425 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 18% fewer funds vs a year ago

fund count last 6Q
75 fewer hedge funds hold CORT compared to a year ago (-18% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

186 buying239 selling
Last quarter: 239 funds reduced or exited vs 186 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~69 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 67 → 62 → 66 → 69. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 25% medium ■ 20% new
194 out of 350 hedge funds have held CORT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~69 new funds/quarter

111 → 67 → 62 → 66 → 69 new funds/Q
New funds entering each quarter: 67 → 62 → 66 → 69. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 25% newcomers

■ 64% veterans ■ 11% 1-2yr ■ 25% new
Entry-cohort mix of 366 holders: 233 (64%) are 2+ year veterans, 42 entered 1–2 years ago, and 91 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
53 of 348 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CORT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CORT

In 2026 Q1, 186 hedge funds were net buyers of CORT (69 opened a new position, 117 added to an existing one), while 239 reduced or exited (131 trimmed, 108 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. Net selling has persisted for two consecutive quarters. 56% of total institutional value in CORT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -39 funds (more exits than new entries). Total institutional holders: 350.

Hedge Fund Ownership: CORT

How many hedge funds hold CORT — quarterly history vs. share price
Quarterly hedge fund ownership of CORT vs. share price

Market Analysis: CORT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CORT

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 4 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: CORT
2026 Q2 Stats Unlock in 1 days 346 + Investors

Track Smart Money conviction in CORT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 346 389 -11.05%
13F Shares 82M 83M -0.69%
Total Value $2.97B $2.87B 3.27%
New Positions 69 66 +3
Increased Positions 110 122 -12
Closed Positions 110 102 +8
Reduced Positions 127 151 -24
Total Calls 11 16 -31.25%
Total Puts 7 14 -50.0%
PUT/CALL Ratio 0.64 0.88 Bullish

Statistics: CORT

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Institutional Holders (2026 Q2)

346 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CORT. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 CORT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Propel Bio Management, LLC 6.21% 136,499 $11.9M
2 Tang Capital Management LLC 5.92% 1,500,000 $130.4M
3 Parallel Advisors, LLC 5.25% 3,962,177 $344.5M
4 MPM BioImpact LLC 4.09% 771,028 $67.0M
5 Birchview Capital, LP 2.33% 57,200 $5.0M
6 Diadema Partners LP 2.27% 206,300 $17.9M
7 Boxer Capital Management, LLC 2.20% 335,500 $29.2M
8 O'Neil Global Advisors, Inc. 1.91% 98,334 $8.6M
9 Lisanti Capital Growth, LLC 1.75% 91,610 $8.0M
10 Emerald Advisers, LLC 1.53% 748,325 $65.1M
11 FAS Wealth Partners, Inc. 1.47% 324,876 $28.2M
12 Brown Capital Management LLC 1.46% 84,041 $7.3M
13 S&T Bank/Pa 1.45% 55,553 $4.8M
14 Emerald Mutual Fund Advisers Trust 1.42% 464,902 $40.4M
15 Bridge City Capital, LLC 1.07% 53,823 $4.7M
16 Illumine Investment Management, LLC 1.03% — $1.6M
17 Granite Investment Partners, LLC 0.77% 172,228 $15.0M
18 Renaissance Technologies LLC 0.63% 5,261,628 $457.5M
19 Stanley-Laman Group, Ltd. 0.60% 68,196 $5.9M
20 Perceptive Advisors LLC 0.52% 398,385 $34.6M
21 Intellectus Partners, LLC 0.42% 28,000 $2.4M
22 F/m Investments LLC 0.39% 88,042 $7.7M
23 Yorktown Management & Research Co Inc 0.35% 6,500 $565K
24 Kennedy Capital Management LLC 0.31% 201,979 $17.6M
25 Rock Springs Capital Management LP 0.31% 72,000 $6.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Corcept Therapeutics Inc (CORT)

What does the Smart Money Trend signal show for CORT?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their CORT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CORT?

More sellers than buyers — 44% buying: Last quarter: 239 funds reduced or exited vs 186 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CORT holders?

Elite ownership — 56% AUM from top-100 funds: 53 of 348 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in CORT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CORT?

55% of holders stayed for 2+ years: 194 out of 350 hedge funds have held CORT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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