Fund HoldingsFirst Turn Management, LLC

Total Portfolio Value
$875.20M
Total Bought
$372.92M
Total Sold
$222.75M
Net Transaction
+$150.17M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
TERNS PHARMACEUTICALS INC0872,049+872,049035,2314.03%+35,231
COGENT BIOSCIENCES INC(COGT)0824,283+824,283029,2793.35%+29,279
GUARDANT HEALTH INC(GH)0271,685+271,685027,7503.17%+27,750
ABIVAX SA(ABVX)291,820381,233+89,41324,77651,4115.87%+26,636
IDEAYA BIOSCIENCES INC(IDYA)0723,653+723,653025,0172.86%+25,017
VIRIDIAN THERAPEUTICS INC(VRDN)0690,528+690,528021,4892.46%+21,489
FULCRUM THERAPEUTICS INC01,892,683+1,892,683021,4062.45%+21,406
REVOLUTION MEDICINES INC(RVMD)643,050638,385-4,66530,03050,8475.81%+20,817
SCHOLAR ROCK HLDG CORP(SRRK)0459,727+459,727020,2512.31%+20,251
VERA THERAPEUTICS INC(VERA)354,529601,774+247,24510,30330,4743.48%+20,171
APOGEE THERAPEUTICS INC(APGE)402,811474,839+72,02816,00435,8414.10%+19,837
AXSOME THERAPEUTICS INC(AXSM)152,614206,921+54,30718,53537,7924.32%+19,257
RHYTHM PHARMACEUTICALS INC(RYTM)0146,303+146,303015,6601.79%+15,660
OLEMA PHARMACEUTICALS INC(OLMA)0617,714+617,714015,4431.76%+15,443
BRIDGEBIO PHARMA INC(BBIO)589,729595,473+5,74430,63145,5485.20%+14,917
ARCUS BIOSCIENCES INC(RCUS)0565,142+565,142013,4671.54%+13,467
ROIVANT SCIENCES LTD(ROIV)959,7031,186,817+227,11414,52025,7542.94%+11,234
NEWAMSTERDAM PHARMA COMPANY
ORDINARY SHARES
716,971893,473+176,50220,39131,3433.58%+10,952
PRAXIS PRECISION MEDICINES I(PRAX)035,749+35,749010,5371.20%+10,537
UNIQURE NV(QURE)0321,655+321,65507,6970.88%+7,697
CYTOKINETICS INC(CYTK)254,795325,668+70,87314,00420,6932.36%+6,689
NATERA INC(NTRA)80,87580,875013,01818,5282.12%+5,509
XENON PHARMACEUTICALS INC(XENE)799,743799,743032,11035,8444.10%+3,735
NUVALENT INC(NUVL)394,754368,697-26,05734,13837,0874.24%+2,949
MOONLAKE IMMUNOTHERAPEUTICS(MLTX)262,643262,64301,8833,4620.40%+1,578
KYMERA THERAPEUTICS INC(KYMR)277,726206,445-71,28115,71916,0631.84%+344
INSMED INC(INSM)319,773264,293-55,48046,05145,9985.26%-53
ASCENDIS PHARMA A/S(ASND)146,291131,808-14,48329,08428,1073.21%-977
MIRUM PHARMACEUTICALS INC(MIRM)570,569481,564-89,00541,82838,0394.35%-3,790
UNITED THERAPEUTICS CORP DEL(UTHR)85,31863,580-21,73835,76630,9793.54%-4,787
HARROW INC(HROW)160,2340-160,2347,7200-7,720
ARGENX SE(ARGX)38,76723,256-15,51128,59319,5572.23%-9,036
ORIC PHARMACEUTICALS INC(ORIC)2,159,4742,010,307-149,16725,91416,4441.88%-9,469
ADMA BIOLOGICS INC808,6730-808,67311,8550-11,855
DISC MEDICINE INC(IRON)397,693153,206-244,48726,28012,1661.39%-14,113
JANUX THERAPEUTICS INC(JANX)639,6990-639,69915,6340-15,634
ENLIVEN THERAPEUTICS INC783,4110-783,41116,0360-16,036
AKERO THERAPEUTICS INC397,0100-397,01018,8500-18,850
NEUROCRINE BIOSCIENCES INC(NBIX)181,8970-181,89725,5350-25,535
ARCELLX INC
COMMON STOCK
313,7330-313,73325,7570-25,757
MERUS N V372,0220-372,02235,0260-35,026
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