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
ACHILLION PHARMACEUTICALS IN COM 00448Q201 4,277,290 619,000 SH   SOLE 0 619,000 0 0
ACORDA THERAPEUTICS INC COM 00484M106 7,018,602 264,753 SH   SOLE 0 264,753 0 0
AETNA INC NEW COM 00817Y108 53,983,332 493,404 SH   SOLE 0 493,404 0 0
ALDER BIOPHARMACEUTICALS INC COM 014339105 18,014,724 549,900 SH   SOLE 0 549,900 0 0
ALLIQUA BIOMEDICAL INC COM NEW 019621200 2,921,618 921,646 SH   SOLE 0 921,646 0 0
AMGEN INC COM 031162100 28,687,568 207,400 SH   SOLE 0 207,400 0 0
ANI PHARMACEUTICALS INC COM 00182C103 10,669,280 270,040 SH   SOLE 0 270,040 0 0
ARENA PHARMACEUTICALS INC COM 040047102 3,374,953 1,766,991 SH   SOLE 0 1,766,991 0 0
BIOGEN INC COM 09062X103 26,116,995 89,500 SH   SOLE 0 89,500 0 0
BIOTA PHARMACEUTIALS INC COM 090694100 3,438,072 1,736,400 SH   SOLE 0 1,736,400 0 0
CIGNA CORPORATION COM 125509109 23,439,472 173,600 SH   SOLE 0 173,600 0 0
CONCERT PHARMACEUTICALS INC COM 206022105 30,889,282 1,645,673 SH   SOLE 0 1,645,673 0 0
CORIUM INTL INC COM 21887L107 11,264,141 1,204,721 SH   SOLE 0 1,204,721 0 0
DERMIRA INC COM 24983L104 6,892,302 295,300 SH   SOLE 0 295,300 0 0
FLUIDIGM CORP DEL COM 34385P108 2,518,861 310,587 SH   SOLE 0 310,587 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 6,336,111 864,408 SH   SOLE 0 864,408 0 0
HEALTHWAYS INC COM 422245100 23,563,691 2,119,037 SH   SOLE 0 2,119,037 0 0
INSMED INC COM PAR $.01 457669307 10,685,308 575,407 SH   SOLE 0 575,407 0 0
INTRA CELLULAR THERAPIES INC COM 46116X101 22,271,209 556,224 SH   SOLE 0 556,224 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 27,506,988 430,200 SH   SOLE 0 430,200 0 0
MIMEDX GROUP INC COM 602496101 4,017,884 416,361 SH   SOLE 0 416,361 0 0
MYLAN N V SHS EURO N59465109 69,214,348 1,719,184 SH   SOLE 0 1,719,184 0 0
NEURODERM LTD ORD SHS M74231107 1,157,520 56,000 SH   SOLE 0 56,000 0 0
NEVRO CORP COM 64157F103 102,298,347 2,205,181 SH   SOLE 0 2,205,181 0 0
ORTHOFIX INTL N V COM N6748L102 4,555,710 134,984 SH   SOLE 0 134,984 0 0
RETROPHIN INC COM 761299106 14,629,746 722,100 SH   SOLE 0 722,100 0 0
RIGEL PHARMACEUTICALS INC COM NEW 766559603 3,397,700 1,375,587 SH   SOLE 0 1,375,587 0 0
SIENTRA INC COM 82621J105 2,479,503 244,286 SH   SOLE 0 244,286 0 0
SPECTRANETICS CORP COM 84760C107 12,055,416 1,022,512 SH   SOLE 0 1,022,512 0 0
ST JUDE MED INC COM 790849103 54,907,227 870,300 SH   SOLE 0 870,300 0 0
SYNERON MEDICAL LTD ORD SHS M87245102 8,519,297 1,191,510 SH   SOLE 0 1,191,510 0 0
TANDEM DIABETES CARE INC COM 875372104 7,626,368 865,649 SH   SOLE 0 865,649 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 68,570,331 1,214,494 SH   SOLE 0 1,214,494 0 0
XENOPORT INC COM 98411C100 7,460,812 2,150,090 SH   SOLE 0 2,150,090 0 0
XOMA CORP DEL COM 98419J107 1,749,281 2,327,100 SH   SOLE 0 2,327,100 0 0
ZOGENIX INC COM NEW 98978L204 962,550 71,300 SH   SOLE 0 71,300 0 0