First Turn Management, LLC Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$875.2M

Holdings

33

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (33 positions)

#StockSharesValue% PortfolioType
1
ABVXABIVAX SA
381,233$51.4M5.87%
2
RVMDREVOLUTION MEDICINES INC
638,385$50.8M5.81%
3
IM8NINSMED INC
264,293$46.0M5.26%
4
BBIOBRIDGEBIO PHARMA INC
595,473$45.5M5.20%
5
MIRMMIRUM PHARMACEUTICALS INC
481,564$38.0M4.35%
6
AXSMAXSOME THERAPEUTICS INC
206,921$37.8M4.32%
7
NUVLNUVALENT INC
368,697$37.1M4.24%
8
XENEXENON PHARMACEUTICALS INC
799,743$35.8M4.10%
9
APGEAPOGEE THERAPEUTICS INC
474,839$35.8M4.10%
10
TERNTERNS PHARMACEUTICALS INC
872,049$35.2M4.03%
11
NAMSNEWAMSTERDAM PHARMA COMPANY
893,473$31.3M3.58%
12
UTHUNITED THERAPEUTICS CORP DEL
63,580$31.0M3.54%
13
VERAVERA THERAPEUTICS INC
601,774$30.5M3.48%
14
COGTCOGENT BIOSCIENCES INC
824,283$29.3M3.35%
15
ASNDASCENDIS PHARMA A/S
131,808$28.1M3.21%
16
GHGUARDANT HEALTH INC
271,685$27.7M3.17%
17
ROIVROIVANT SCIENCES LTD
1,186,817$25.8M2.94%
18
IDYAIDEAYA BIOSCIENCES INC
723,653$25.0M2.86%
19
VRDNVIRIDIAN THERAPEUTICS INC
690,528$21.5M2.46%
20
FULCFULCRUM THERAPEUTICS INC
1,892,683$21.4M2.45%
21
CYTKCYTOKINETICS INC
325,668$20.7M2.36%
22
SRRKSCHOLAR ROCK HLDG CORP
459,727$20.3M2.31%
23
ARGXARGENX SE
23,256$19.6M2.23%
24
NTRANATERA INC
80,875$18.5M2.12%
25
ORICORIC PHARMACEUTICALS INC
2,010,307$16.4M1.88%
26
KYMRKYMERA THERAPEUTICS INC
206,445$16.1M1.84%
27
RYTMRHYTHM PHARMACEUTICALS INC
146,303$15.7M1.79%
28
OLMAOLEMA PHARMACEUTICALS INC
617,714$15.4M1.76%
29
RCUSARCUS BIOSCIENCES INC
565,142$13.5M1.54%
30
IRONDISC MEDICINE INC
153,206$12.2M1.39%
31
PRAXPRAXIS PRECISION MEDICINES I
35,749$10.5M1.20%
32
QUREUNIQURE NV
321,655$7.7M0.88%
33
MLTXMOONLAKE IMMUNOTHERAPEUTICS
262,643$3.5M0.40%