13F

Investor

First Turn Management, LLC

CIK 0001993440 · filed 2026-05-15 · SEC filing

13F book

$895.1M

Positions

33

5 new · 5 sold

Largest name

6.9%

United Therapeutics Corp Del

Est. mark

$17.5M

Price effect on 28 names still held. Flow $2.35M.
NameTickerSharesValueWeightEst. markChange
United Therapeutics Corp Del104.7K$62.1M6.9%$6.72MAdded$31.1M
Abivax Sa465.9K$51.9M5.8%−$8.96MAdded$463.3K
BridgeBio Pharma, Inc.BBIO695.7K$51.7M5.8%−$1.33MAdded$6.12M
Xenon Pharmaceuticals Inc.XENE786.8K$45.8M5.1%$10.5MCut$9.91M
Revolution Medicines Inc468.4K$45.5M5.1%$8.24MCut−$5.3M
Apogee Therapeutics, Inc.APGE513.8K$43.2M4.8%$4.13MAdded$7.4M
Insmed IncINSM248.5K$40.6M4.5%−$2.61MCut−$5.37M
Nuvalent Inc370.3K$37.9M4.2%$685.8KAdded$854.5K
Mirum Pharmaceuticals, Inc.MIRM400.5K$37M4.1%$5.36MCut−$1.04M
Cogent Biosciences, Inc.COGT947.3K$36.5M4.1%$2.45MAdded$7.18M
Roivant Sciences Ltd.ROIV1.19M$33M3.7%$7.12MAdded$7.21M
Axsome Therapeutics, Inc.AXSM188.8K$31.9M3.6%−$2.57MCut−$5.89M
IDEAYA Biosciences, Inc.IDYA873.8K$29.1M3.3%−$904.6KAdded$4.1M
Oric Pharmaceuticals, Inc.ORIC2.02M$25.6M2.9%$9.03MAdded$9.11M
Enliven Therapeutics, Inc.ELVN623.8K$24.5M2.7%New
Celcuity Inc.CELC210.6K$24M2.7%New
Scholar Rock Hldg Corp446.4K$21.9M2.5%$2.28MCut$1.69M
Kymera Therapeutics, Inc.KYMR254.7K$21.2M2.4%$1.13MAdded$5.15M
Cytokinetics IncCYTK283.7K$18.7M2.1%$672.4KCut−$1.99M
Dianthus Therapeutics Inc220.9K$18.5M2.1%New
Palvella Therapeutics Inc Ne148.1K$18.5M2.1%New
Newamsterdam Pharma Company558.3K$17.9M2.0%−$1.71MCut−$13.5M
Viridian Therapeutics Inc911.3K$17.8M2.0%−$7.98MAdded−$3.66M
Ascendis Pharma A/SASND76.3K$17.5M1.9%$1.18MCut−$10.7M
Fulcrum Therapeutics, Inc.FULC2.26M$17.3M1.9%−$6.89MAdded−$4.1M
Terns Pharmaceuticals Inc326.7K$17.2M1.9%$4.02MCut−$18M
Vera Therapeutics, Inc.VERA422K$17M1.9%−$4.39MCut−$13.5M
Natera, Inc.NTRA81.1K$16.2M1.8%−$2.35MAdded−$2.31M
Erasca, Inc.ERAS867.6K$14M1.6%New
Praxis Precision Medicines I42.4K$13.7M1.5%$981.3KAdded$3.14M
Olema Pharmaceuticals, Inc.OLMA768.7K$11.5M1.3%−$6.23MAdded−$3.98M
Uniqure Nv615.5K$10.1M1.1%−$2.44MAdded$2.37M
Moonlake ImmunotherapeuticsMLTX315.6K$5.88M0.7%$1.43MAdded$2.42M

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.