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
ACADIA PHARMACEUTICALS INC COM 004225108 589 15,639 SH   SOLE   15,639 0 0
ADAMAS PHARMACEUTICALS INC COM 00548A106 635 30,000 SH   SOLE   30,000 0 0
AGIOS PHARMACEUTICALS INC COM 00847X104 2,226 33,347 SH   SOLE   33,347 0 0
AKEBIA THERAPEUTICS INC COM 00972D105 413 21,009 SH   SOLE   21,009 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 1,606 11,447 SH   SOLE   11,447 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 4,910 35,000 SH Call SOLE   20,000 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 5,576 47,459 SH   SOLE   47,459 0 0
AMGEN INC COM 031162100 2,127 11,406 SH   SOLE   11,406 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 4,066 120,000 SH   SOLE   120,000 0 0
AVEXIS INC COM 05366U100 242 2,500 SH   SOLE   2,500 0 0
AXSOME THERAPEUTICS INC COM 05464T104 741 133,500 SH   SOLE   133,500 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 1,855 19,926 SH   SOLE   19,926 0 0
BIOGEN INC COM 09062X103 2,094 6,687 SH   SOLE   6,687 0 0
BIO TECHNE CORP COM 09073M104 516 4,268 SH   SOLE   4,268 0 0
BIOVERATIV INC COM 09075E100 631 11,056 SH   SOLE   11,056 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 5,737 90,000 SH   SOLE   90,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 2,869 45,000 SH Call SOLE   45,000 0 0
CELGENE CORP COM 151020104 2,359 16,177 SH   SOLE   16,177 0 0
CHARLES RIV LABS INTL INC COM 159864107 535 4,955 SH   SOLE   4,955 0 0
CLOVIS ONCOLOGY INC COM 189464100 1,236 15,000 SH   SOLE   15,000 0 0
CONTRAFECT CORP COM 212326102 167 150,000 SH   SOLE   150,000 0 0
GILEAD SCIENCES INC COM 375558103 524 6,462 SH   SOLE   6,462 0 0
GILEAD SCIENCES INC COM 375558103 810 10,000 SH Call SOLE   10,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,436 60,000 SH   SOLE   60,000 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 543 24,805 SH   SOLE   24,805 0 0
HERON THERAPEUTICS INC COM 427746102 256 15,874 SH   SOLE   15,874 0 0
IGNYTA INC COM 451731103 2,106 170,500 SH   SOLE   170,500 0 0
ILLUMINA INC COM 452327109 2,238 11,235 SH   SOLE   11,235 0 0
INCYTE CORP COM 45337C102 2,352 20,148 SH   SOLE   20,148 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 260 4,481 SH   SOLE   4,481 0 0
INTREXON CORP COM 46122T102 455 23,928 SH   SOLE   23,928 0 0
IONIS PHARMACEUTICALS INC COM 462222100 2,240 44,183 SH   SOLE   44,183 0 0
ISHARES TR NASDAQ BIOTECH 464287556 4,170 12,500 SH   SOLE   12,500 0 0
JUNO THERAPEUTICS INC COM 48205A109 660 14,720 SH   SOLE   14,720 0 0
KARYOPHARM THERAPEUTICS INC COM 48576U106 1,098 100,000 SH   SOLE   100,000 0 0
LILLY ELI & CO COM 532457108 1,283 15,000 SH Call SOLE   15,000 0 0
LOXO ONCOLOGY INC COM 548862101 1,271 13,800 SH   SOLE   13,800 0 0
MEDICINES CO COM 584688105 519 14,000 SH   SOLE   14,000 0 0
MERCK & CO INC COM 58933Y105 5,359 83,700 SH   SOLE   83,700 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 2,250 3,594 SH   SOLE   3,594 0 0
NEKTAR THERAPEUTICS COM 640268108 2,504 104,328 SH   SOLE   104,328 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 591 9,644 SH   SOLE   9,644 0 0
NEW SR INVT GROUP INC COM 648691103 383 41,850 SH   SOLE   41,850 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 939 25,000 SH   SOLE   25,000 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 1,004 40,000 SH   SOLE   40,000 0 0
PFIZER INC COM 717081103 4,009 112,300 SH   SOLE   112,300 0 0
PROGENICS PHARMACEUTICALS IN COM 743187106 160 21,782 SH   SOLE   21,782 0 0
PROSHARES TR PSHS ULT NASB 74347R214 7,993 130,500 SH   SOLE   130,500 0 0
QUINTILES IMS HOLDINGS INC COM 74876Y101 515 5,413 SH   SOLE   5,413 0 0
RECRO PHARMA INC COM 75629F109 227 25,231 SH   SOLE   25,231 0 0
REGENERON PHARMACEUTICALS COM 75886F107 2,039 4,561 SH   SOLE   4,561 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 5,627 65,000 SH   SOLE   65,000 0 0
SCYNEXIS INC COM 811292101 161 66,608 SH   SOLE   66,608 0 0
SEATTLE GENETICS INC COM 812578102 2,245 41,263 SH   SOLE   41,263 0 0
TESARO INC COM 881569107 646 5,000 SH   SOLE   5,000 0 0
ULTRAGENYX PHARMACEUTICAL IN COM 90400D108 634 11,899 SH   SOLE   11,899 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 481 4,108 SH   SOLE   4,108 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 2,778 18,274 SH   SOLE   18,274 0 0
ALKERMES PLC SHS G01767105 2,453 48,244 SH   SOLE   48,244 0 0
QIAGEN NV SHS NEW N72482123 2,029 64,421 SH   SOLE   64,421 0 0
DIREXION SHS ETF TR SP BIOTCH BL NEW 25490K323 1,368 16,002 SH   SOLE   16,002 0 0
LIGAND PHARMACEUTICALS INC COM NEW 53220K504 207 1,519 SH   SOLE   1,519 0 0
CHECKPOINT THERAPEUTICS INC COM 162828107 507 112,760 SH   SOLE   112,760 0 0