First Turn Management, LLC Quant / Systematic

CIK: 0001993440 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value ($000): $558,332 (100.0% shares, 0.0% debt)

Holdings (36)

INSM INSMED INC 5.5%

Value ($000) $30,859 Shares 446,980 Est. Cost $48.11 Unrealized +49.7%

— VERONA PHARMA PLC 5.3%

Value ($000) $29,810 Shares 641,901 Est. Cost $30.67 Unrealized —

XENE XENON PHARMACEUTICALS INC 4.8%

Value ($000) $26,851 Shares 684,986 Est. Cost $38.49 Unrealized +7.4%

ARGX ARGENX SE 4.7%

Value ($000) $26,493 Shares 43,078 Est. Cost $380.43 Unrealized —

— INTRA-CELLULAR THERAPIES INC 4.4%

Value ($000) $24,589 Shares 294,414 Est. Cost $72.12 Unrealized —

NUVL NUVALENT INC 4.3%

Value ($000) $24,229 Shares 309,521 Est. Cost $68.62 Unrealized +36.1%

CRNX CRINETICS PHARMACEUTICALS IN 4.2%

Value ($000) $23,181 Shares 453,376 Est. Cost $48.33 Unrealized +15.7%

PCVX VAXCYTE INC 4.1%

Value ($000) $22,667 Shares 276,905 Est. Cost $63.04 Unrealized +57.5%

MIRM MIRUM PHARMACEUTICALS INC 3.8%

Value ($000) $20,961 Shares 506,908 Est. Cost $29.91 Unrealized +39.3%

JANX JANUX THERAPEUTICS INC 3.7%

Value ($000) $20,538 Shares 383,602 Est. Cost $52.89 Unrealized 0.0%

VERA VERA THERAPEUTICS INC 3.5%

Value ($000) $19,657 Shares 464,807 Est. Cost $39.59 Unrealized +11.8%

ISRG INTUITIVE SURGICAL INC 3.3%

Value ($000) $18,285 Shares 35,032 Est. Cost $415.00 Unrealized +25.5%

RVMD REVOLUTION MEDICINES INC 3.2%

Value ($000) $17,667 Shares 403,915 Est. Cost $50.47 Unrealized 0.0%

EXAS EXACT SCIENCES CORP 3.1%

Value ($000) $17,413 Shares 309,890 Est. Cost $62.23 Unrealized 0.0%

AXSM AXSOME THERAPEUTICS INC 2.9%

Value ($000) $16,257 Shares 192,146 Est. Cost $69.19 Unrealized +32.9%

NTRA NATERA INC 2.8%

Value ($000) $15,697 Shares 99,159 Est. Cost $114.81 Unrealized +26.9%

GKOS GLAUKOS CORP 2.6%

Value ($000) $14,409 Shares 96,097 Est. Cost $124.44 Unrealized +10.7%

GERN GERON CORP 2.5%

Value ($000) $13,782 Shares 3,893,327 Est. Cost $4.44 Unrealized -10.0%

BBIO BRIDGEBIO PHARMA INC 2.2%

Value ($000) $12,411 Shares 452,290 Est. Cost $26.21 Unrealized -1.4%

ASND ASCENDIS PHARMA A/S 2.2%

Value ($000) $12,088 Shares 87,804 Est. Cost $127.91 Unrealized —

HQY HEALTHEQUITY INC 2.2%

Value ($000) $12,077 Shares 125,867 Est. Cost $93.19 Unrealized 0.0%

ELVN ENLIVEN THERAPEUTICS INC 2.2%

Value ($000) $12,040 Shares 535,092 Est. Cost $21.53 Unrealized +20.4%

DAWN DAY ONE BIOPHARMACEUTICALS I 2.2%

Value ($000) $12,010 Shares 947,878 Est. Cost $14.27 Unrealized -2.5%

— MERUS N V 2.1%

Value ($000) $11,991 Shares 285,159 Est. Cost $59.17 Unrealized —

ADMA ADMA BIOLOGICS INC 2.1%

Value ($000) $11,735 Shares 684,230 Est. Cost $15.64 Unrealized +20.3%

ORIC ORIC PHARMACEUTICALS INC 2.1%

Value ($000) $11,710 Shares 1,451,037 Est. Cost $11.07 Unrealized -17.1%

ACLX ARCELLX INC 2.1%

Value ($000) $11,684 Shares 152,356 Est. Cost $66.59 Unrealized +29.7%

APGE APOGEE THERAPEUTICS INC 2.1%

Value ($000) $11,448 Shares 252,725 Est. Cost $51.00 Unrealized 0.0%

HROW HARROW INC 1.8%

Value ($000) $10,229 Shares 304,874 Est. Cost $33.81 Unrealized +30.9%

BHVN BIOHAVEN LTD 1.8%

Value ($000) $9,802 Shares 262,442 Est. Cost $31.10 Unrealized +50.0%

CRMD CORMEDIX INC 1.5%

Value ($000) $8,274 Shares 1,021,421 Est. Cost $9.99 Unrealized 0.0%

SPRY ARS PHARMACEUTICALS INC 1.1%

Value ($000) $6,259 Shares 593,291 Est. Cost $11.89 Unrealized +17.8%

BCAX BICARA THERAPEUTICS INC 1.1%

Value ($000) $6,030 Shares 346,170 Est. Cost $25.50 Unrealized -18.4%

— BLUEPRINT MEDICINES CORP 1.0%

Value ($000) $5,856 Shares 67,143 Est. Cost $107.78 Unrealized —

SNDX SYNDAX PHARMACEUTICALS INC 1.0%

Value ($000) $5,838 Shares 441,587 Est. Cost $20.80 Unrealized -17.7%

PRAX PRAXIS PRECISION MEDICINES I 0.6%

Value ($000) $3,504 Shares 45,536 Est. Cost $72.36 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INSM	INSMED INC	446,980	$30,859	5.5%	$48.11	+49.7%	COM PAR $.01	457669307
—	VERONA PHARMA PLC	641,901	$29,810	5.3%	$30.67	—	SPONSORED ADS	925050106
XENE	XENON PHARMACEUTICALS INC	684,986	$26,851	4.8%	$38.49	+7.4%	COM	98420N105
ARGX	ARGENX SE	43,078	$26,493	4.7%	$380.43	—	SPONSORED ADR	04016X101
—	INTRA-CELLULAR THERAPIES INC	294,414	$24,589	4.4%	$72.12	—	COM	46116X101
NUVL	NUVALENT INC	309,521	$24,229	4.3%	$68.62	+36.1%	COM	670703107
CRNX	CRINETICS PHARMACEUTICALS IN	453,376	$23,181	4.2%	$48.33	+15.7%	COM	22663K107
PCVX	VAXCYTE INC	276,905	$22,667	4.1%	$63.04	+57.5%	COM	92243G108
MIRM	MIRUM PHARMACEUTICALS INC	506,908	$20,961	3.8%	$29.91	+39.3%	COM	604749101
JANX	JANUX THERAPEUTICS INC	383,602	$20,538	3.7%	$52.89	0.0%	COM	47103J105
VERA	VERA THERAPEUTICS INC	464,807	$19,657	3.5%	$39.59	+11.8%	CL A	92337R101
ISRG	INTUITIVE SURGICAL INC	35,032	$18,285	3.3%	$415.00	+25.5%	COM NEW	46120E602
RVMD	REVOLUTION MEDICINES INC	403,915	$17,667	3.2%	$50.47	0.0%	COM	76155X100
EXAS	EXACT SCIENCES CORP	309,890	$17,413	3.1%	$62.23	0.0%	COM	30063P105
AXSM	AXSOME THERAPEUTICS INC	192,146	$16,257	2.9%	$69.19	+32.9%	COM	05464T104
NTRA	NATERA INC	99,159	$15,697	2.8%	$114.81	+26.9%	COM	632307104
GKOS	GLAUKOS CORP	96,097	$14,409	2.6%	$124.44	+10.7%	COM	377322102
GERN	GERON CORP	3,893,327	$13,782	2.5%	$4.44	-10.0%	COM	374163103
BBIO	BRIDGEBIO PHARMA INC	452,290	$12,411	2.2%	$26.21	-1.4%	COM	10806X102
ASND	ASCENDIS PHARMA A/S	87,804	$12,088	2.2%	$127.91	—	SPONSORED ADR	04351P101
HQY	HEALTHEQUITY INC	125,867	$12,077	2.2%	$93.19	0.0%	COM	42226A107
ELVN	ENLIVEN THERAPEUTICS INC	535,092	$12,040	2.2%	$21.53	+20.4%	COM	29337E102
DAWN	DAY ONE BIOPHARMACEUTICALS I	947,878	$12,010	2.2%	$14.27	-2.5%	COM	23954D109
—	MERUS N V	285,159	$11,991	2.1%	$59.17	—	COM	N5749R100
ADMA	ADMA BIOLOGICS INC	684,230	$11,735	2.1%	$15.64	+20.3%	COM	000899104
ORIC	ORIC PHARMACEUTICALS INC	1,451,037	$11,710	2.1%	$11.07	-17.1%	COM	68622P109
ACLX	ARCELLX INC	152,356	$11,684	2.1%	$66.59	+29.7%	COMMON STOCK	03940C100
APGE	APOGEE THERAPEUTICS INC	252,725	$11,448	2.1%	$51.00	0.0%	COM	03770N101
HROW	HARROW INC	304,874	$10,229	1.8%	$33.81	+30.9%	COM	415858109
BHVN	BIOHAVEN LTD	262,442	$9,802	1.8%	$31.10	+50.0%	COM	G1110E107
CRMD	CORMEDIX INC	1,021,421	$8,274	1.5%	$9.99	0.0%	COM	21900C308
SPRY	ARS PHARMACEUTICALS INC	593,291	$6,259	1.1%	$11.89	+17.8%	COM	82835W108
BCAX	BICARA THERAPEUTICS INC	346,170	$6,030	1.1%	$25.50	-18.4%	COM	055477103
—	BLUEPRINT MEDICINES CORP	67,143	$5,856	1.0%	$107.78	—	COM	09627Y109
SNDX	SYNDAX PHARMACEUTICALS INC	441,587	$5,838	1.0%	$20.80	-17.7%	COM	87164F105
PRAX	PRAXIS PRECISION MEDICINES I	45,536	$3,504	0.6%	$72.36	0.0%	COM NEW	74006W207