FIRST TURN MANAGEMENT, LLC

PrivateCIK: 1993440
Location

DEL MAR, CA

33
Positions
$895.10M
Total AUM (reported)
18.70M
Total Shares

Allocation by class

TOTAL AUM$895.10M33 positions
COM$669.01M74.7%
SPONSORED ADS$51.87M5.8%
SHS$43.03M4.8%
COM PAR $.01$40.63M4.5%
COM NEW$32.37M3.6%
ORDINARY SHARES$17.87M2.0%
SPONSORED ADR$17.45M1.9%

Portfolio Concentration

Top 318.5%4–1032.0%11–2537.7%Rest11.8%TOP 1050.5%0%100%
Top 3$165.64M18.5%
4–10$286.58M32.0%
11–25$337.35M37.7%
Rest$105.53M11.8%

Top 3 weight

18.5%

Top 10 weight

50.5%

Voting Authority Distribution

Total shares with voting rights: 18.70M

Sole

Full voting authority

18.70M

shares

% of voting shares100.0%
Shared

Joint voting authority

0.00

shares

% of voting shares0.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole33
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings33
Rows:

UNITED THERAPEUTICS CORP DEL

SOLE
COM
Shares104.73K
TypeSH
Market value$62.10M
6.94%
Sole
104.73K
Shared
0.00
None
0.00

ABIVAX SA

SOLE
SPONSORED ADS
Shares465.87K
TypeSH
Market value$51.87M
5.80%
Sole
465.87K
Shared
0.00
None
0.00

BRIDGEBIO PHARMA INC

SOLE
COM
Shares695.72K
TypeSH
Market value$51.66M
5.77%
Sole
695.72K
Shared
0.00
None
0.00

XENON PHARMACEUTICALS INC

SOLE
COM
Shares786.84K
TypeSH
Market value$45.75M
5.11%
Sole
786.84K
Shared
0.00
None
0.00

REVOLUTION MEDICINES INC

SOLE
COM
Shares468.38K
TypeSH
Market value$45.55M
5.09%
Sole
468.38K
Shared
0.00
None
0.00

APOGEE THERAPEUTICS INC

SOLE
COM
Shares513.77K
TypeSH
Market value$43.24M
4.83%
Sole
513.77K
Shared
0.00
None
0.00

INSMED INC

SOLE
COM PAR $.01
Shares248.47K
TypeSH
Market value$40.63M
4.54%
Sole
248.47K
Shared
0.00
None
0.00

NUVALENT INC

SOLE
COM
Shares370.34K
TypeSH
Market value$37.94M
4.24%
Sole
370.34K
Shared
0.00
None
0.00

MIRUM PHARMACEUTICALS INC

SOLE
COM
Shares400.46K
TypeSH
Market value$36.99M
4.13%
Sole
400.46K
Shared
0.00
None
0.00

COGENT BIOSCIENCES INC

SOLE
COM
Shares947.34K
TypeSH
Market value$36.46M
4.07%
Sole
947.34K
Shared
0.00
None
0.00

ROIVANT SCIENCES LTD

SOLE
SHS
Shares1.19M
TypeSH
Market value$32.97M
3.68%
Sole
1.19M
Shared
0.00
None
0.00

AXSOME THERAPEUTICS INC.

SOLE
COM
Shares188.77K
TypeSH
Market value$31.91M
3.56%
Sole
188.77K
Shared
0.00
None
0.00

IDEAYA BIOSCIENCES INC

SOLE
COM
Shares873.84K
TypeSH
Market value$29.12M
3.25%
Sole
873.84K
Shared
0.00
None
0.00

ORIC PHARMACEUTICALS INC

SOLE
COM
Shares2.02M
TypeSH
Market value$25.56M
2.86%
Sole
2.02M
Shared
0.00
None
0.00

ENLIVEN THERAPEUTICS INC

SOLE
COM
Shares623.84K
TypeSH
Market value$24.45M
2.73%
Sole
623.84K
Shared
0.00
None
0.00

CELCUITY INC

SOLE
COM
Shares210.58K
TypeSH
Market value$24.04M
2.69%
Sole
210.58K
Shared
0.00
None
0.00

SCHOLAR ROCK HLDG CORP

SOLE
COM
Shares446.39K
TypeSH
Market value$21.94M
2.45%
Sole
446.39K
Shared
0.00
None
0.00

KYMERA THERAPEUTICS INC

SOLE
COM
Shares254.67K
TypeSH
Market value$21.21M
2.37%
Sole
254.67K
Shared
0.00
None
0.00

CYTOKINETICS INC

SOLE
COM NEW
Shares283.70K
TypeSH
Market value$18.70M
2.09%
Sole
283.70K
Shared
0.00
None
0.00

DIANTHUS THERAPEUTICS INC

SOLE
COM
Shares220.92K
TypeSH
Market value$18.54M
2.07%
Sole
220.92K
Shared
0.00
None
0.00

PALVELLA THERAPEUTICS INC NE

SOLE
COM
Shares148.09K
TypeSH
Market value$18.46M
2.06%
Sole
148.09K
Shared
0.00
None
0.00

NEWAMSTERDAM PHARMA COMPANY

SOLE
ORDINARY SHARES
Shares558.34K
TypeSH
Market value$17.87M
2.00%
Sole
558.34K
Shared
0.00
None
0.00

VIRIDIAN THERAPEUTICS INC

SOLE
COM
Shares911.34K
TypeSH
Market value$17.83M
1.99%
Sole
911.34K
Shared
0.00
None
0.00

ASCENDIS PHARMA A/S

SOLE
SPONSORED ADR
Shares76.30K
TypeSH
Market value$17.45M
1.95%
Sole
76.30K
Shared
0.00
None
0.00

FULCRUM THERAPEUTICS INC

SOLE
COM
Shares2.26M
TypeSH
Market value$17.30M
1.93%
Sole
2.26M
Shared
0.00
None
0.00
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