CORCEPT THERAPEUTICS INC CORT
COM · Common Stock · CUSIP 218352102 · ISIN US2183521028
American pharmaceutical company
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersRedwood City, CA
- Founded1998
- Websitecorcept.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.6m this quarter). Holder counts are more reliable. Shares outstanding: 104.8m as of 2024-10-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $50.39. Options: 16 managers hold calls ($58.4m notional), 17 hold puts ($73.7m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 239 |
| Q4 2022 | 244 |
| Q1 2023 | 234 |
| Q2 2023 | 226 |
| Q3 2023 | 248 |
| Q4 2023 | 274 |
| Q1 2024 | 286 |
| Q2 2024 | 287 |
| Q3 2024 | 322 |
| Q4 2024 | 369 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 124 | 118 |
| Q2 2023 | 88 | 129 |
| Q3 2023 | 119 | 108 |
| Q4 2023 | 128 | 118 |
| Q1 2024 | 160 | 129 |
| Q2 2024 | 136 | 147 |
| Q3 2024 | 164 | 133 |
| Q4 2024 | 180 | 154 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $65.5m | $83.0m | 1.27 |
| Q2 2024 | $47.4m | $36.1m | 0.76 |
| Q3 2024 | $54.3m | $33.3m | 0.61 |
| Q4 2024 | $58.4m | $73.7m | 1.26 |
Biggest buyers
| Qube Research & Technologies Ltd | Added | +353.7k |
| BRAUN STACEY ASSOCIATES INC | New | +296.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +269.1k |
| Synergy Asset Management, LLC | Added | +262.5k |
| GOLDMAN SACHS GROUP INC | Added | +153.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +153.1k |
| VANGUARD GROUP INC | Added | +109.3k |
| D. E. Shaw & Co., Inc. | Added | +98.5k |
| Executive Wealth Management, LLC | Added | +95.8k |
| NORTHERN TRUST CORP | Added | +94.1k |
Biggest sellers
| NOVO HOLDINGS A/S | Sold out | -2.4m |
| Boston Trust Walden Corp | Reduced | -614.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -453.9k |
| NORGES BANK | Reduced | -425.4k |
| BlackRock, Inc. | Reduced | -373.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -310.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -310.4k |
| FIRST TRUST ADVISORS LP | Reduced | -254.0k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -249.0k |
| JPMORGAN CHASE & CO | Reduced | -246.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $14.4m285.2k shares |
| BARCLAYS PLC | New | $7.8m155.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $7.1m141.7k shares |
| GROUP ONE TRADING LLC | Added | $5.9m116.3k shares |
| CITADEL ADVISORS LLC | Reduced | $5.0m98.5k shares |
| Caption Management, LLC | Added | $4.1m81.5k shares |
| CITIGROUP INC | Added | $3.5m70.0k shares |
| JANE STREET GROUP, LLC | Added | $2.9m56.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.1m40.9k shares |
| Walleye Capital LLC | New | $2.0m38.9k shares |
Biggest puts
| Point72 Asset Management, L.P. | New | $25.2m500.0k shares |
| BARCLAYS PLC | Added | $15.4m305.0k shares |
| Caption Management, LLC | Added | $5.3m105.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.1m100.7k shares |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | New | $5.0m100.0k shares |
| CITIGROUP INC | Added | $3.5m70.0k shares |
| MILLENNIUM MANAGEMENT LLC | New | $3.5m70.0k shares |
| Walleye Capital LLC | New | $3.0m59.7k shares |
| CITADEL ADVISORS LLC | Reduced | $2.6m51.0k shares |
| JANE STREET GROUP, LLC | Added | $1.5m30.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -2.0 pts · filed 2026-10-27 | 8.9% |
| INGALLS & SNYDER LLC 13G · institution -1.0 pts · filed 2026-04-21 | 6.8% |
| BELANOFF JOSEPH K 13G · exempt (held before listing) filed 2025-02-14 | 6.3% |
Fell to 5% or below in the last year: RENAISSANCE TECHNOLOGIES LLC (4.9%, 2026-08-13), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $1.3m | — |
| Q3 2023 | 0 | — | 6 | $2.9m | $2.1m |
| Q4 2023 | 0 | — | 5 | $3.1m | $2.9m |
| Q1 2024 | 0 | — | 3 | $2.1m | $2.1m |
| Q2 2024 | 0 | — | 5 | $4.0m | $4.0m |
| Q3 2024 | 0 | — | 4 | $1.8m | $1.7m |
| Q4 2024 | 0 | — | 4 | $2.0m | $1.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-10 | Swisher Daniel N JR Director | Sold plan | $130.8k2.2k shares |
| 2024-11-22 | Robb Gary Charles Chief Business Officer | Sold | $146.6k2.6k shares |
| 2024-11-22 | Lyon Joseph Douglas Officer | Sold | $80.0k1.4k shares |
| 2024-11-11 | Swisher Daniel N JR Director | Sold plan | $131.7k2.2k shares |
| 2024-11-04 | Guyer William Chief Development Officer | Sold plan | $166.2k3.4k shares |
| 2024-11-01 | Guyer William Chief Development Officer | Sold plan | $323.5k6.6k shares |
| 2024-10-01 | Robb Gary Charles Chief Business Officer | Sold plan | $509.1k11.0k shares |
| 2024-10-01 | Guyer William Chief Development Officer | Sold plan | $462.8k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 15.7m $790.0m | Reduced -373.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 10.1m $509.7m | Added +109.3k |
| INGALLS & SNYDER LLC 16.08% of their portfolio | 8.1m $408.1m | Reduced -167.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.46% of their portfolio | 6.2m $312.3m | Reduced -310.4k |
| Parallel Advisors, LLC 4.36% of their portfolio | 3.8m $193.0m | Added +15.9k |
| STATE STREET CORP 0.01% of their portfolio | 3.5m $178.8m | Added +29.1k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.1m $104.7m | Reduced -453.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.1m $104.2m | Reduced -310.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 1.6m $82.9m | Added +64.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.25% of their portfolio | 1.4m $69.4m | Added +153.1k |
| FMR LLC 0.00% of their portfolio | 1.3m $67.4m | Reduced -26.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $63.6m | Reduced -197.1k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.1m $53.6m | Reduced -254.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $53.0m | Added +25.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.0m $51.2m | Added +94.1k |
| Boston Trust Walden Corp 0.32% of their portfolio | 899.1k $45.3m | Reduced -614.9k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 886.6k $44.7m | Added +98.5k |
| NORGES BANK 0.01% of their portfolio | 834.6k $42.1m | Reduced -425.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.18% of their portfolio | 796.8k $40.2m | Reduced -62.8k |
| Invesco Ltd. 0.01% of their portfolio | 706.1k $35.6m | Reduced -151.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 626.2k $31.6m | Added +153.2k |
| Cerity Partners LLC 0.07% of their portfolio | 607.9k $30.6m | Reduced -3.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 589.8k $29.7m | Reduced -15.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 517.3k $26.1m | Added +21.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 508.4k $25.6m | Added +269.1k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 481.4k $24.3m | Reduced -52.3k |
| BURNEY CO/ 0.84% of their portfolio | 473.8k $23.9m | Added +39.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 471.6k $23.8m | Reduced -150.5k |
| Synergy Asset Management, LLC 1.73% of their portfolio | 462.4k $22.4m | Added +262.5k |
| Aberdeen Group plc 0.04% of their portfolio | 435.9k $22.0m | Reduced -231.1k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 412.3k $20.8m | Added +353.7k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 381.8k $19.2m | Reduced -75.3k |
| ROYCE & ASSOCIATES LP 0.16% of their portfolio | 338.3k $17.0m | Reduced -25.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 317.3k $16.0m | Reduced -75.0k |
| FAS Wealth Partners, Inc. 1.31% of their portfolio | 309.2k $15.6m | Reduced -6.5k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 301.5k $15.2m | Reduced -22.5k |
| BRAUN STACEY ASSOCIATES INC 0.56% of their portfolio | 296.4k $14.9m | New |
| Man Group plc 0.04% of their portfolio | 287.9k $14.5m | Reduced -62.7k |
| Legal & General Group Plc 0.00% of their portfolio | 278.1k $14.0m | Added +9.1k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 276.6k $13.9m | Reduced -39.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 274.0k $13.8m | Added +31.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 259.9k $13.1m | Reduced -246.2k |
| UBS Group AG 0.00% of their portfolio | 250.2k $12.6m | Added +72.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 239.8k $12.1m | First filing |
| Public Sector Pension Investment Board 0.05% of their portfolio | 232.3k $11.7m | Added +35.0k |
| M&G PLC 0.07% of their portfolio | 228.2k $11.4m | Reduced -14.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 224.7k $11.3m | Added +22.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 222.8k $11.2m | Added +3.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 220.7k $11.1m | Reduced -1.4k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 219.9k $11.1m | Reduced -38.8k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 211.5k $10.6m | Reduced -39.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 202.5k $10.2m | Reduced -153.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 202.5k $10.2m | Added +21.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 200.8k $10.1m | Reduced -2.0k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.27% of their portfolio | 186.2k $9.4m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 185.0k $9.3m | Added +1.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 170.9k $8.6m | Reduced -15.3k |
| BARCLAYS PLC 0.00% of their portfolio | 168.5k $8.5m | Reduced -157.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 163.1k $8.2m | Added +6.7k |
| S&T Bank/PA 2.52% of their portfolio | 156.7k $7.9m | Reduced -29.3k |
| Executive Wealth Management, LLC 0.62% of their portfolio | 156.4k $7.9m | Added +95.8k |
| Birchview Capital, LP 3.04% of their portfolio | 148.0k $7.5m | Unchanged |
| CITIGROUP INC 0.01% of their portfolio | 144.2k $7.3m | Reduced -461 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 133.9k $6.7m | Added +78.3k |
| SHELTON CAPITAL MANAGEMENT 0.16% of their portfolio | 128.9k $6.5m | Reduced -10.9k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 128.7k $6.5m | Added +12.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 128.2k $6.5m | Added +3.8k |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 121.0k $6.1m | Reduced -29.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 115.2k $5.8m | Reduced -9.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 114.5k $5.8m | Added +89.6k |
| CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio | 114.0k $5.7m | Added +10.2k |
| TANAKA CAPITAL MANAGEMENT INC 12.85% of their portfolio | 111.6k $5.6m | Reduced -585 |
| Vident Advisory, LLC 0.10% of their portfolio | 109.8k $5.5m | Reduced -6.1k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 104.7k $5.3m | Added +15.8k |
| Cresset Asset Management, LLC 0.02% of their portfolio | 100.0k $5.0m | Added +18.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 99.9k $5.0m | Added +54.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 98.9k $5.0m | Added +1.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 98.7k $5.0m | Reduced -62.7k |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 96.4k $4.9m | Added +6.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 95.7k $5.0m | Reduced -2.5k |
| HighTower Advisors, LLC 0.01% of their portfolio | 93.7k $4.7m | Added +22.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 90.1k $4.5m | Added +46.1k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 89.7k $4.5m | Reduced -71 |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 89.0k $4.5m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 87.0k $4.4m | Reduced -724 |
| Lisanti Capital Growth, LLC 0.94% of their portfolio | 77.7k $3.9m | Reduced -35.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 75.7k $3.8m | Reduced -33.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 75.0k $3.8m | Added +33.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 73.6k $3.7m | Added +24.1k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 72.1k $3.6m | Reduced -953 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 67.9k $3.4m | Reduced -17.9k |
| Focus Partners Wealth 0.00% of their portfolio | 66.1k $3.3m | Added +33.7k |
| Trexquant Investment LP 0.04% of their portfolio | 65.1k $3.3m | New |
| Linden Thomas Advisory Services, LLC 0.40% of their portfolio | 63.2k $3.2m | Added +1.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 62.8k $3.2m | Reduced -26.2k |
| LPL Financial LLC 0.00% of their portfolio | 60.7k $3.1m | Added +19.6k |
| Bridge City Capital, LLC 0.78% of their portfolio | 57.9k $2.9m | Added +518 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 57.8k $2.9m | Reduced -42.3k |
| ASSETMARK, INC 0.01% of their portfolio | 56.6k $2.9m | Reduced -6.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 54.8k $2.8m | Added +1.8k |