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
Estimated average burden
hours per response: 23.8
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
ADAMAS PHARMACEUTICALS INC COM 00548A106 684 45,198 SH   SOLE   45,198 0 0
AGIOS PHARMACEUTICALS INC COM 00847X104 1,814 43,295 SH   SOLE   43,295 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 2,020 17,301 SH   SOLE   17,301 0 0
ALKERMES PLC SHS G01767105 3,581 82,858 SH   SOLE   82,858 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 2,424 43,684 SH   SOLE   43,684 0 0
AMGEN INC COM 031162100 2,833 18,619 SH   SOLE   18,619 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 3,278 108,563 SH   SOLE   108,563 0 0
AXOVANT SCIENCES LTD COM G0750W104 172 13,389 SH   SOLE   13,389 0 0
BIOGEN INC COM 09062X103 2,187 9,042 SH   SOLE   9,042 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 2,250 28,915 SH   SOLE   28,915 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 5,274 71,703 SH   SOLE   71,703 0 0
CELGENE CORP COM 151020104 2,262 22,932 SH   SOLE   22,932 0 0
CEPHEID COM 15670R107 209 6,782 SH   SOLE   6,782 0 0
DIREXION SHS ETF TR SP BIOTCH BL NEW 25490K323 413 14,640 SH   SOLE   14,640 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,167 50,000 SH   SOLE   50,000 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 187 11,188 SH   SOLE   11,188 0 0
HOLOGIC INC COM 436440101 571 16,500 SH   SOLE   16,500 0 0
ILLUMINA INC COM 452327109 2,631 18,741 SH   SOLE   18,741 0 0
INCYTE CORP COM 45337C102 2,818 35,237 SH   SOLE   35,237 0 0
IONIS PHARMACEUTICALS INC COM 462222100 1,651 70,868 SH   SOLE   70,868 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 4,550 17,681 SH   SOLE   17,681 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 22,996 200,000 SH   SOLE   200,000 0 0
LION BIOTECHNOLOGIES INC COM 53619R102 196 24,226 SH   SOLE   24,226 0 0
MEDICINES CO COM 584688105 467 13,885 SH   SOLE   13,885 0 0
MEDIVATION INC COM 58501N101 3,109 51,561 SH   SOLE   51,561 0 0
MERCK & CO INC COM 58933Y105 4,822 83,700 SH   SOLE   83,700 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 2,623 7,188 SH   SOLE   7,188 0 0
NEKTAR THERAPEUTICS COM 640268108 2,540 178,531 SH   SOLE   178,531 0 0
NEW SR INVT GROUP INC COM 648691103 894 83,700 SH   SOLE   83,700 0 0
NOVAVAX INC COM 670002104 212 29,107 SH   SOLE   29,107 0 0
OPHTHOTECH CORP COM 683745103 344 6,746 SH   SOLE   6,746 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 524 37,665 SH   SOLE   37,665 0 0
PFIZER INC COM 717081103 3,954 112,300 SH   SOLE   112,300 0 0
PROSHARES TR PSHS ULSHT SP500 74347B300 712 40,000 SH   SOLE   40,000 0 0
QIAGEN NV REG SHS N72482107 2,306 105,751 SH   SOLE   105,751 0 0
QUINTILES TRANSNATIO HLDGS I COM 74876Y101 1,406 21,520 SH   SOLE   21,520 0 0
REGENERON PHARMACEUTICALS COM 75886F107 2,526 7,233 SH   SOLE   7,233 0 0
SEATTLE GENETICS INC COM 812578102 2,994 74,093 SH   SOLE   74,093 0 0
SERES THERAPEUTICS INC COM 81750R102 591 20,339 SH   SOLE   20,339 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 3,183 58,857 SH   SOLE   58,857 0 0
ULTRAGENYX PHARMACEUTICAL IN COM 90400D108 346 7,074 SH   SOLE   7,074 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 219 2,064 SH   SOLE   2,064 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 2,602 30,248 SH   SOLE   30,248 0 0