F
First Turn Management, LLC
Hedge Fund • Long/Short
First Turn Management, LLC is a Long/Short Hedge Fund based in Solana Beach, CA led by Lisa Gable Wheatley, managing $666.0M across 29 long positions as of Q3 2025 with 88% Healthcare concentration and 52% concentrated in top 10 holdings.
Managing PartnerLisa Gable Wheatley
- Portfolio Value
- $666.0M
- Positions
- 29
- Top Holding
- INSM at 6.91%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in First Turn Management, LLC's portfolio (51.5% of total portfolio)
GthenH
| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
Biotechnology Healthcare | $46.1M | 6.91% | -$7.6M Sold | 0.15% 319.8K shares | |
Biotechnology Healthcare | $41.8M | 6.28% | +$3.2M Bought | 1.14% 570.6K shares | |
Biotechnology Healthcare | $35.8M | 5.37% | +$35.8M New | 0.19% 85.3K shares | |
Biotechnology Healthcare | $35.0M | 5.26% | +$7.4M Bought | 0.49% 372.0K shares | |
Biotechnology Healthcare | $34.1M | 5.13% | +$6.4M Bought | 0.55% 394.8K shares | |
Biotechnology Healthcare | $32.1M | 4.82% | +$5.6M Bought | 1.04% 799.7K shares | |
Biotechnology Healthcare | $30.6M | 4.60% | +$2.0M Bought | 0.31% 589.7K shares | |
Biotechnology Healthcare | $30.0M | 4.51% | +$10.6M Bought | 0.34% 643.1K shares | |
Unknown Unknown | $29.1M | 4.37% | +$2.3M Bought | — 146.3K shares | |
Unknown Unknown | $28.6M | 4.29% | -$3.8M Sold | — 38.8K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in First Turn Management, LLC's latest filing
GthenC
Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
New | |
New | |
New | |
New | |
+246.57% |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold | |
Sold | |
Sold | |
Sold | |
Sold |
Analytics
Portfolio insights and performance metrics for First Turn Management, LLC
GthenA