The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALEXION PHARMACEUTICALS IN COMMON STOCK 015351109 1,307 10,743 SH   SOLE   10,743 0 0
BIOMARIN PHARMACEUTICALS INC COMMON STOCK 09061G101 1,750 19,264 SH   SOLE   19,264 0 0
CELGENE CORP COMMON STOCK 151020104 1,472 11,333 SH   SOLE   11,333 0 0
INCYTE CORP COMMON STOCK 45337C102 2,934 23,300 SH   SOLE   23,300 0 0
LILLY ELI & CO COMMON STOCK 532457108 529 6,426 SH   SOLE   6,426 0 0
REGENERON PHARMACEUTICALS COMMON STOCK 75886F107 472 961 SH   SOLE   961 0 0
VERTEX PHARMACEUTICALS INC COMMON STOCK 92532F100 348 2,697 SH   SOLE   2,697 0 0
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 1,456 7,850 SH   SOLE   7,850 0 0
SEATTLE GENETICS INC COMMON STOCK 812578102 1,016 19,634 SH   SOLE   19,634 0 0
NEUROCRINE BIOSCIENCES INC COMMON STOCK 64125C109 271 5,890 SH   SOLE   5,890 0 0
TESARIO INC COMMON STOCK 881569107 321 2,294 SH   SOLE   2,294 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 24,180 100,000 SH Put SOLE   1,000 0 0
POWERSHARES QQQ TRUST SERIES 1 ETP 73935A104 24,775 180,000 SH Put SOLE   1,800 0 0
ISHARES MSCI BRAZIL CAPPED IND ETP 464286400 79 2,300 SH Call SOLE   23 0 0
ISHARES MSCI EMERGING MARKETS ETF ETP 464287234 14,487 350,000 SH Put SOLE   3,500 0 0