First Turn Management, LLC
Annual return
—
SPY
—
Alpha
—
Invested
$895.1M
Holdings
33
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 96%. 3 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$UTHR
UNITED THERAPEUTICS CORP DEL
Q1 2026: Exited (was 63.6k shares)
6.9%
02
$ABVX
ABIVAX SA
Q1 2026: Exited (was 381.2k shares)
5.8%
03
$BBIO
BRIDGEBIO PHARMA INC
Q1 2026: Exited (was 595.5k shares)
5.8%
04
$XENE
XENON PHARMACEUTICALS INC
Q1 2026: Exited (was 799.7k shares)
5.1%
05
$RVMD
REVOLUTION MEDICINES INC
Q1 2026: Exited (was 638.4k shares)
5.1%
06
$APGE
APOGEE THERAPEUTICS INC
Q1 2026: Exited (was 474.8k shares)
4.8%
07
$INSM
INSMED INC
Q1 2026: Sold 100.0% (264.3k → 2 shares)
4.5%
08
$NUVL
NUVALENT INC
Q1 2026: Exited (was 368.7k shares)
4.2%
09
$MIRM
MIRUM PHARMACEUTICALS INC
Q1 2026: Exited (was 481.6k shares)
4.1%
10
$COGT
COGENT BIOSCIENCES INC
Q1 2026: Exited (was 824.3k shares)
4.1%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Last refreshed 13:19 UTC.