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 241 14,899 SH   SOLE   14,899 0 0
AGIOS PHARMACEUTICALS INC COM 00847X104 236 5,115 SH   SOLE   5,115 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 1,021 10,487 SH   SOLE   10,487 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 1,039 14,255 SH   SOLE   14,255 0 0
AMGEN INC COM 031162100 328 1,685 SH   SOLE   1,685 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 826 9,698 SH   SOLE   9,698 0 0
BIOGEN INC COM 09062X103 320 1,062 SH   SOLE   1,062 0 0
BIO TECHNE CORP COM 09073M104 255 1,762 SH   SOLE   1,762 0 0
BLUEBIRD BIO INC COM 09609G100 271 2,734 SH   SOLE   2,734 0 0
CELGENE CORP COM 151020104 640 9,983 SH   SOLE   9,983 0 0
CHARLES RIV LABS INTL INC COM 159864107 302 2,665 SH   SOLE   2,665 0 0
CHECKPOINT THERAPEUTICS INC COM 162828107 205 112,760 SH   SOLE   112,760 0 0
DIREXION SHS ETF TR SP BIOTCH BL NEW 25490K323 2,277 69,309 SH   SOLE   69,309 0 0
EXELIXIS INC COM 30161Q104 426 21,646 SH   SOLE   21,646 0 0
FIBROGEN INC COM 31572Q808 310 6,691 SH   SOLE   6,691 0 0
FORTRESS BIOTECH INC COM 34960Q109 201 234,030 SH   SOLE   234,030 0 0
GILEAD SCIENCES INC COM 375558103 289 4,618 SH   SOLE   4,618 0 0
GRIFOLS S A SP ADR REP B NVT 398438408 315 17,176 SH   SOLE   17,176 0 0
ILLUMINA INC COM 452327109 1,472 4,908 SH   SOLE   4,908 0 0
INCYTE CORP COM 45337C102 776 12,205 SH   SOLE   12,205 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 356 3,534 SH   SOLE   3,534 0 0
INTREXON CORP COM 46122T102 177 27,109 SH   SOLE   27,109 0 0
IONIS PHARMACEUTICALS INC COM 462222100 1,206 22,307 SH   SOLE   22,307 0 0
IQVIA HLDGS INC COM 46266C105 307 2,643 SH   SOLE   2,643 0 0
ISHARES TR NASDAQ BIOTECH 464287556 12,054 125,000 SH   SOLE   125,000 0 0
ISHARES TR NASDAQ BIOTECH 464287556 8,197 85,000 SH Call SOLE   85,000 0 0
LOXO ONCOLOGY INC COM 548862101 870 6,210 SH   SOLE   6,210 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 1,830 3,235 SH   SOLE   3,235 0 0
NEKTAR THERAPEUTICS COM 640268108 435 13,223 SH   SOLE   13,223 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 213 2,986 SH   SOLE   2,986 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 484 11,250 SH   SOLE   11,250 0 0
RECRO PHARMA INC COM 75629F109 81 11,353 SH   SOLE   11,353 0 0
REGENERON PHARMACEUTICALS COM 75886F107 940 2,516 SH   SOLE   2,516 0 0
SEATTLE GENETICS INC COM 812578102 1,084 19,127 SH   SOLE   19,127 0 0
ULTRAGENYX PHARMACEUTICAL IN COM 90400D108 232 5,339 SH   SOLE   5,339 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 290 2,664 SH   SOLE   2,664 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 1,436 8,664 SH   SOLE   8,664 0 0
ALKERMES PLC SHS G01767105 224 7,605 SH   SOLE   7,605 0 0
PROQR THRAPEUTICS N V SHS EURO N71542109 2,185 138,461 SH   SOLE   138,461 0 0
QIAGEN NV SHS NEW N72482123 1,084 31,463 SH   SOLE   31,463 0 0