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
ABBOTT LABS COM 002824100 1,069 23,750 SH   SOLE 23,750 0 0
ABBVIE INC COM 00287Y109 2,179 33,301 SH   SOLE 33,301 0 0
ACTAVIS PLC SHS G0083B108 10,231 39,747 SH   SOLE 39,747 0 0
AETNA INC NEW COM 00817Y108 1,701 19,150 SH   SOLE 19,150 0 0
AFFYMETRIX INC COM 00826T108 961 97,407 SH   SOLE 97,407 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 2,582 63,065 SH   SOLE 63,065 0 0
ALLERGAN INC COM 018490102 3,795 17,850 SH   SOLE 17,850 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 3,690 288,950 SH   SOLE 288,950 0 0
AMERISOURCEBERGEN CORP COM 03073E105 929 10,300 SH   SOLE 10,300 0 0
AMPHASTAR PHARMACEUTICALS IN COM 03209R103 1,243 107,059 SH   SOLE 107,059 0 0
AMSURG CORP COM 03232P405 2,419 44,200 SH   SOLE 44,200 0 0
ANACOR PHARMACEUTICALS INC COM 032420101 839 26,000 SH   SOLE 26,000 0 0
ANTHEM INC COM 036752103 9,191 73,135 SH   SOLE 73,135 0 0
AUSPEX PHARMACEUTICALS INC COM 05211J102 2,831 53,950 SH   SOLE 53,950 0 0
BARD C R INC COM 067383109 3,949 23,699 SH   SOLE 23,699 0 0
BECTON DICKINSON & CO COM 075887109 12,421 89,260 SH   SOLE 89,260 0 0
BELLICUM PHARMACEUTICALS INC COM 079481107 473 20,547 SH   SOLE 20,547 0 0
BIOGEN IDEC INC COM 09062X103 3,263 9,612 SH   SOLE 9,612 0 0
BOSTON SCIENTIFIC CORP COM 101137107 2,826 213,300 SH   SOLE 213,300 0 0
CARDINAL HEALTH INC COM 14149Y108 5,877 72,800 SH   SOLE 72,800 0 0
CELGENE CORP COM 151020104 1,718 15,360 SH   SOLE 15,360 0 0
CIGNA CORPORATION COM 125509109 1,894 18,400 SH   SOLE 18,400 0 0
CIVITAS SOLUTIONS INC COM 17887R102 503 29,521 SH   SOLE 29,521 0 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 9,126 169,250 SH   SOLE 169,250 0 0
COVIDIEN PLC SHS G2554F113 2,941 28,750 SH   SOLE 28,750 0 0
DANAHER CORP DEL COM 235851102 1,187 13,850 SH   SOLE 13,850 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 2,405 31,747 SH   SOLE 31,747 0 0
DIGIRAD CORP COM 253827109 405 92,904 SH   SOLE 92,904 0 0
ENVISION HEALTHCARE HLDGS IN COM 29413U103 4,090 117,910 SH   SOLE 117,910 0 0
GILEAD SCIENCES INC COM 375558103 622 6,600 SH   SOLE 6,600 0 0
GLOBUS MED INC CL A 379577208 4,999 210,300 SH   SOLE 210,300 0 0
HCA HOLDINGS INC COM 40412C101 780 10,625 SH   SOLE 10,625 0 0
HEALTHSOUTH CORP COM NEW 421924309 9,066 235,738 SH   SOLE 235,738 0 0
HERON THERAPEUTICS INC COM 427746102 584 58,100 SH   SOLE 58,100 0 0
HILL ROM HLDGS INC COM 431475102 2,069 45,350 SH   SOLE 45,350 0 0
HOLOGIC INC COM 436440101 6,111 228,540 SH   SOLE 228,540 0 0
HUMANA INC COM 444859102 2,197 15,298 SH   SOLE 15,298 0 0
ILLUMINA INC COM 452327109 1,374 7,444 SH   SOLE 7,444 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 627 1,185 SH   SOLE 1,185 0 0
JOHNSON & JOHNSON COM 478160104 554 5,300 SH   SOLE 5,300 0 0
KINDRED HEALTHCARE INC COM 494580103 1,067 58,700 SH   SOLE 58,700 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 7,843 72,692 SH   SOLE 72,692 0 0
LDR HLDG CORP COM 50185U105 524 16,000 SH   SOLE 16,000 0 0
MAGELLAN HEALTH INC COM NEW 559079207 1,550 25,820 SH   SOLE 25,820 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 2,982 30,109 SH   SOLE 30,109 0 0
MCKESSON CORP COM 58155Q103 6,879 33,140 SH   SOLE 33,140 0 0
MEDASSETS INC COM 584045108 2,093 105,900 SH   SOLE 105,900 0 0
MEDIVATION INC COM 58501N101 2,236 22,450 SH   SOLE 22,450 0 0
MEDTRONIC INC COM 585055106 7,523 104,200 SH   SOLE 104,200 0 0
MEI PHARMA INC COM NEW 55279B202 470 110,038 SH   SOLE 110,038 0 0
MERCK & CO INC NEW COM 58933Y105 2,329 41,005 SH   SOLE 41,005 0 0
METTLER TOLEDO INTERNATIONAL COM 592688105 1,240 4,100 SH   SOLE 4,100 0 0
MYLAN INC COM 628530107 3,151 55,900 SH   SOLE 55,900 0 0
NANOSTRING TECHNOLOGIES INC COM 63009R109 1,190 85,404 SH   SOLE 85,404 0 0
NOVARTIS A G SPONSORED ADR 66987V109 6,597 71,200 SH   SOLE 71,200 0 0
OCERA THERAPEUTICS INC COM 67552A108 1,339 210,279 SH   SOLE 210,279 0 0
OMNICARE INC COM 681904108 2,410 33,045 SH   SOLE 33,045 0 0
PARNELL PHARMACEUT HLDGS LTD SHS Q73622104 1,035 249,427 SH   SOLE 249,427 0 0
PERKINELMER INC COM 714046109 2,536 58,000 SH   SOLE 58,000 0 0
PFIZER INC COM 717081103 1,258 40,400 SH   SOLE 40,400 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 549 2,900 SH   SOLE 2,900 0 0
QUALITY SYS INC COM 747582104 2,631 168,750 SH   SOLE 168,750 0 0
QUEST DIAGNOSTICS INC COM 74834L100 5,566 83,000 SH   SOLE 83,000 0 0
QUIDEL CORP COM 74838J101 633 21,902 SH   SOLE 21,902 0 0
RITE AID CORP COM 767754104 1,613 214,500 SH   SOLE 214,500 0 0
SALIX PHARMACEUTICALS INC COM 795435106 2,195 19,100 SH   SOLE 19,100 0 0
SANGAMO BIOSCIENCES INC COM 800677106 902 59,300 SH   SOLE 59,300 0 0
SANOFI SPONSORED ADR 80105N105 967 21,200 SH   SOLE 21,200 0 0
SIRONA DENTAL SYSTEMS INC COM 82966C103 297 3,400 SH   SOLE 3,400 0 0
SORRENTO THERAPEUTICS INC COM NEW 83587F202 1,493 148,253 SH   SOLE 148,253 0 0
SPECTRANETICS CORP COM 84760C107 517 14,950 SH   SOLE 14,950 0 0
ST JUDE MED INC COM 790849103 2,974 45,731 SH   SOLE 45,731 0 0
STRYKER CORP COM 863667101 1,320 13,994 SH   SOLE 13,994 0 0
SYMMETRY SURGICAL INC COM 87159G100 1,121 143,852 SH   SOLE 143,852 0 0
TEARLAB CORP COM 878193101 227 85,650 SH   SOLE 85,650 0 0
TELEFLEX INC COM 879369106 1,286 11,200 SH   SOLE 11,200 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 7,643 132,900 SH   SOLE 132,900 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 15,154 120,950 SH   SOLE 120,950 0 0
TORNIER N V SHS N87237108 864 33,868 SH   SOLE 33,868 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,649 36,100 SH   SOLE 36,100 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 9,532 85,675 SH   SOLE 85,675 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 2,748 19,200 SH   SOLE 19,200 0 0
VCA INC COM 918194101 1,280 26,250 SH   SOLE 26,250 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 1,283 10,800 SH   SOLE 10,800 0 0
VOLCANO CORPORATION COM 928645100 3,976 222,350 SH   SOLE 222,350 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 1,387 18,200 SH   SOLE 18,200 0 0
ZIMMER HLDGS INC COM 98956P102 1,100 9,700 SH   SOLE 9,700 0 0