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
ACTINIUM PHARMACEUTICALS INC COM 00507W107 393 1,076,200 SH   DFND   0 1,076,200 0
AETNA INC COM 00817Y108 5,346 31,635 SH   DFND   0 31,635 0
ANTHEM INC COM 036752103 11,509 52,387 SH   DFND   0 52,387 0
AXSOME THERAPEUTICS INC COM 05464T104 474 193,290 SH   DFND   0 193,290 0
BIOGEN INC COM 09062X103 8,735 31,900 SH   DFND   0 31,900 0
BOSTON SCIENTIFIC CORP COM 101137107 6,160 225,463 SH   DFND   0 225,463 0
CATALYST BIOSCIENCES INC COM NEW 14888D208 29,670 1,149,989 SH   DFND   0 1,149,989 0
CELGENE CORP COM 151020104 2,782 31,180 SH   DFND   0 31,180 0
COMPUTER PROGRAMS AND SYSTEMS INC COM 205306103 3,325 113,860 SH   DFND   0 113,860 0
CONFORMIS INC COM 20717E101 3,191 2,200,681 SH   DFND   0 2,200,681 0
CURIS INC COM 231269101 545 834,551 SH   DFND   0 834,551 0
DERMIRA INC COM 24983L104 1,520 190,300 SH   DFND   0 190,300 0
ELI LILLY AND CO COM 532457108 6,372 82,363 SH   DFND   0 82,363 0
EPIZYME INC COM 29428V104 1,293 72,826 SH   DFND   0 72,826 0
HCA HEALTHCARE INC COM 40412C101 5,076 52,330 SH   DFND   0 52,330 0
HERON THERAPEUTICS INC PUT 427746102 814 29,500 SH Put DFND   0 29,500 0
HILL-ROM HOLDINGS INC COM 431475102 1,866 21,449 SH   DFND   0 21,449 0
ICON PLC SHS G4705A100 4,277 36,200 SH   DFND   0 36,200 0
IMMUNOGEN INC PUT 45253H101 2,891 274,800 SH Put DFND   0 274,800 0
JOHNSON & JOHNSON PUT 478160104 2,563 20,000 SH Put DFND   0 20,000 0
KONINKLIJKE PHILIPS NV NY REG SH NEW 500472303 2,940 76,742 SH   DFND   0 76,742 0
KURA ONCOLOGY INC COM 50127T109 12,326 657,411 SH   DFND   0 657,411 0
MEI PHARMA INC COM NEW 55279B202 1,935 934,563 SH   DFND   0 934,563 0
MERCK & CO INC COM 58933Y105 6,256 114,856 SH   DFND   0 114,856 0
MYLAN NV SHS EURO N59465109 2,841 69,000 SH   DFND   0 69,000 0
OMNICELL INC COM 68213N109 3,048 70,226 SH   DFND   0 70,226 0
OWENS & MINOR INC COM 690732102 4,255 273,640 SH   DFND   0 273,640 0
SANOFI SA SPONSORED ADR 80105N105 16,378 408,621 SH   DFND   0 408,621 0
UNITEDHEALTH GROUP INC COM 91324P102 6,506 30,400 SH   DFND   0 30,400 0
VIKING THERAPEUTICS INC COM 92686J106 5,580 1,276,845 SH   DFND   0 1,276,845 0
WELLCARE HEALTH PLANS INC COM 94946T106 5,548 28,653 SH   DFND   0 28,653 0