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First Turn Management, LLC

hedge fundUpdated 27 days ago

Managed by First Turn Management, Llc • Latest filing Q2 2026

Portfolio value
$934.7M
Q2 2026
Filings
11
Quarterly 13F history
Top-10 concentration
100.0%
Weight of largest holdings
Annualized return
12.1%
Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 11 quarters

Show data table
PeriodPortfolio value
Q4 2023$696.3M
Q1 2024$668.5M
Q2 2024$614.7M
Q3 2024$631.6M
Q4 2024$558.3M
Q1 2025$496.1M
Q2 2025$536M
Q3 2025$666M
Q4 2025$875.2M
Q1 2026$895.1M
Q2 2026$934.7M

Top holdings

31 positions as of Q2 2026

View filing
R

REVOLUTION MEDICINES INC

Value
$77.8M
Shares
415.3K
% Port
8.32%
A

ABIVAX SA

Value
$65.3M
Shares
489.9K
% Port
6.98%
A

AXSOME THERAPEUTICS INC.

Value
$53.5M
Shares
218.4K
% Port
5.72%
E

ENLIVEN THERAPEUTICS INC

Value
$48.4M
Shares
954.4K
% Port
5.18%
B

BRIDGEBIO PHARMA INC

Value
$47.2M
Shares
633.4K
% Port
5.05%
R

ROIVANT SCIENCES LTD

Value
$47.1M
Shares
1.33M
% Port
5.04%
U

UNITED THERAPEUTICS CORP DEL

Value
$46M
Shares
84.9K
% Port
4.92%
C

CYTOKINETICS INC

Value
$44.9M
Shares
527.4K
% Port
4.81%
X

XENON PHARMACEUTICALS INC

Value
$36.2M
Shares
600.2K
% Port
3.88%
C
10.CELC

CELCUITY INC

Value
$34.4M
Shares
329.1K
% Port
3.68%
V
11.VRDN

VIRIDIAN THERAPEUTICS INC

Value
$30.7M
Shares
1.67M
% Port
3.28%
I
12.INSM

INSMED INC

Value
$28.1M
Shares
263.9K
% Port
3.01%
Q
13.QURE

UNIQURE NV

Value
$28M
Shares
608.9K
% Port
3.00%
A
14.ASND

ASCENDIS PHARMA A/S

Value
$28M
Shares
104.9K
% Port
2.99%
P
15.PRAX

PRAXIS PRECISION MEDICINES I

Value
$28M
Shares
83.5K
% Port
2.99%
D
16.DNTH

DIANTHUS THERAPEUTICS INC

Value
$27.9M
Shares
285.8K
% Port
2.98%
P
17.PCVX

VAXCYTE INC

Value
$25.8M
Shares
443.8K
% Port
2.76%
M
18.MIRM

MIRUM PHARMACEUTICALS INC

Value
$25.5M
Shares
218.1K
% Port
2.73%
P
19.PVLA

PALVELLA THERAPEUTICS INC NE

Value
$23.9M
Shares
156.4K
% Port
2.56%
C
20.COGT

COGENT BIOSCIENCES INC

Value
$23.3M
Shares
602.3K
% Port
2.49%

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