First Turn Management, LLC

Q2 2026 13F-HR Holdings

Location
Del Mar, CA
Holdings as of
6/30/2026
Date filed
8/14/2026
Form type
13F-HR
Num holdings
31
Total value ($000)
$934,716
Net value change ($000)
+39,617 (4.4%)
New positions
6
Sold out positions
8
Turnover %
25.4%
Sector allocation + QoQ delta (equities-only)
Prev filing: 5/15/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q1 2026
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
RVMD 32,229 70.8%
Ascendis Pharma AS 27,973 NEW
CYTK 26,231 140.3%
PCVX 25,800 NEW
ELVN 23,980 98.1%
AXSM 21,555 67.6%
QURE 17,984 178.7%
RYTM 17,101 NEW
INBX 15,613 NEW
ORKA 14,784 NEW
Top Reduces (Value $000, Stocks/ETFs)
NUVL -34,694 -91.4%
IDYA -29,116 -100.0%
APGE -24,818 -57.4%
ASND -17,452 -100.0%
FULC -17,304 -100.0%
TERN -17,223 -100.0%
VERA -16,978 -100.0%
NTRA -16,215 -100.0%
UTHR -16,081 -25.9%
COGT -13,155 -36.1%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type