First Light Asset Management, LLC
First Light Asset Management, LLC is an investment adviser based in Edina, Minnesota, founded in 2013. The firm specializes in investment management services primarily for pooled investment vehicles, including private funds and institutional clients. With an employee count of around 15, First Light focuses on healthcare sector investments, serving high-net-worth individuals and institutional investors.
Investment Strategy
First Light Asset Management focuses on a fundamentals-driven investment approach with an emphasis on the healthcare sector. The firm primarily manages pooled investment vehicles, utilizing bottom-up analysis and in-depth due diligence to identify growth and value opportunities in public and private companies across the healthcare industry. First Light's strategy seeks to generate superior risk-adjusted returns by combining rigorous research with active portfolio management tailored for institutional and high-net-worth clients.
Top Holdings
Equity Positions (38)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A ANAB | ANAPTYS BIO INC | 10.19% | $78.6M | 3,539,593 | $19.28 | $22.20 | -$7.6M |
C CNTA | CENTESSA PHARMACEUTICALS LIMITED | 7.31% | $56.4M | 4,293,411 | $11.36 | $13.14 | -$13.7M |
P PHLT | PERFORMANT HEALTHCARE INC | 6.83% | $52.7M | 13,170,381 | $3.54 | $4.00 | +$18.1M |
N NEO | NEOGENOMICS INC | 6.49% | $50.0M | 6,846,432 | $11.56 | $7.31 | -$7.3M |
A AXGN | AXOGEN INC | 6.37% | $49.1M | 4,529,243 | $9.90 | $10.85 | -$33.6M |