First Turn Management, LLC Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$666.0B

Holdings

29

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (29 positions)

#StockSharesValue% PortfolioType
1
IM8NINSMED INC
319,773$46.1B6.91%
2
MIRMMIRUM PHARMACEUTICALS INC
570,569$41.8B6.28%
3
UTHUNITED THERAPEUTICS CORP DEL
85,318$35.8B5.37%
4
MRUSMERUS N V
372,022$35.0B5.26%
5
NUVLNUVALENT INC
394,754$34.1B5.13%
6
XENEXENON PHARMACEUTICALS INC
799,743$32.1B4.82%
7
BBIOBRIDGEBIO PHARMA INC
589,729$30.6B4.60%
8
RVMDREVOLUTION MEDICINES INC
643,050$30.0B4.51%
9
ASNDASCENDIS PHARMA A/S
146,291$29.1B4.37%
10
ARGXARGENX SE
38,767$28.6B4.29%
11
IRONDISC MEDICINE INC
397,693$26.3B3.95%
12
ORICORIC PHARMACEUTICALS INC
2,159,474$25.9B3.89%
13
ACLXARCELLX INC
313,733$25.8B3.87%
14
NBIXNEUROCRINE BIOSCIENCES INC
181,897$25.5B3.83%
15
ABVXABIVAX SA
291,820$24.8B3.72%
16
NAMSNEWAMSTERDAM PHARMA COMPANY
716,971$20.4B3.06%
17
AKROAKERO THERAPEUTICS INC
397,010$18.9B2.83%
18
AXSMAXSOME THERAPEUTICS INC
152,614$18.5B2.78%
19
ELVNENLIVEN THERAPEUTICS INC
783,411$16.0B2.41%
20
APGEAPOGEE THERAPEUTICS INC
402,811$16.0B2.40%
21
KYMRKYMERA THERAPEUTICS INC
277,726$15.7B2.36%
22
JANXJANUX THERAPEUTICS INC
639,699$15.6B2.35%
23
ROIVROIVANT SCIENCES LTD
959,703$14.5B2.18%
24
CYTKCYTOKINETICS INC
254,795$14.0B2.10%
25
NTRANATERA INC
80,875$13.0B1.95%
26
ADMAADMA BIOLOGICS INC
808,673$11.9B1.78%
27
VERAVERA THERAPEUTICS INC
354,529$10.3B1.55%
28
HROWHARROW INC
160,234$7.7B1.16%
29
MLTXMOONLAKE IMMUNOTHERAPEUTICS
262,643$1.9B0.28%