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 1,707 49,651 SH   SOLE   49,651 0 0
ACCELERON PHARMA INC COM 00434H108 4,514 170,606 SH   SOLE   170,606 0 0
ACHAOGEN INC COM 004449104 7,065 280,038 SH   SOLE   280,038 0 0
ADAMAS PHARMACEUTICALS INC COM 00548A106 3,236 185,234 SH   SOLE   185,234 0 0
AERIE PHARMACEUTICALS INC COM 00771V108 680 15,000 SH   SOLE   15,000 0 0
AGIOS PHARMACEUTICALS INC COM 00847X104 1,168 20,000 SH   SOLE   20,000 0 0
ALDER BIOPHARMACEUTICALS INC COM 014339105 498 24,000 SH   SOLE   24,000 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 15,111 124,641 SH   SOLE   124,641 0 0
AMGEN INC COM 031162100 11,010 67,104 SH   SOLE   67,104 0 0
ANAPTYS BIO INC COM 032724106 2,789 100,500 SH   SOLE   100,500 0 0
ARRAY BIOPHARMA INC COM 04269X105 693 77,500 SH   SOLE   77,500 0 0
BEIGENE LTD SPONSORED ADR 07725L102 2,419 66,041 SH   SOLE   66,041 0 0
BIOGEN INC COM 09062X103 20,618 75,408 SH   SOLE   75,408 0 0
BIOMARIN PHARMACEUTICALS INC COM 09061G101 6,818 77,666 SH   SOLE   77,666 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 5,329 98,000 SH   SOLE   98,000 0 0
CALITHERA BIOSCIENCES INC COM 13089P101 1,078 93,299 SH   SOLE   93,299 0 0
CELGENE CORP COM 151020104 21,654 174,022 SH   SOLE   174,022 0 0
CLOVIS ONCOLOGY INC COM 189464100 1,273 20,000 SH   SOLE   20,000 0 0
COHERUS BIOSCIENCES INC COM 19249H103 1,308 62,000 SH   SOLE   62,000 0 0
DERMIRA INC COM 24983L104 3,579 105,000 SH   SOLE   105,000 0 0
ENTELLUS MED INC COM 29363K105 4,702 341,468 SH   SOLE   341,468 0 0
EXELIXIS INC COM 30161Q104 2,837 131,000 SH   SOLE   131,000 0 0
FOAMIX PHARMACEUTICALS LTD SHS M46135105 979 197,838 SH   SOLE   197,838 0 0
GILEAD SCIENCES INC COM 375558103 6,912 101,784 SH   SOLE   101,784 0 0
GLOBAL BLOOD THERAPEUTICS IN COM 37890U108 2,134 58,000 SH   SOLE   58,000 0 0
GW PHARMACEUTICALS PLC ADS 36197T103 1,113 9,200 SH   SOLE   9,200 0 0
HALOZYME THERAPEUTICS INC COM 40637H109 4,636 358,000 SH   SOLE   358,000 0 0
HORIZON PHARMA PLC SHS G4617B105 1,255 85,000 SH   SOLE   85,000 0 0
ILLUMINA INC COM 452327109 9,836 57,641 SH   SOLE   57,641 0 0
INCYTE CORP COM 45337C102 17,040 127,475 SH   SOLE   127,475 0 0
INTERCEPT PHARMACEUTICALS IN COM 45845P108 1,262 11,155 SH   SOLE   11,155 0 0
IONIS PHARMACEUTICALS INC COM 462222100 2,070 51,500 SH   SOLE   51,500 0 0
IRONWOOD PHARMACEUTICALS INC COM CL A 46333X108 1,006 59,000 SH   SOLE   59,000 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 3,918 27,000 SH   SOLE   27,000 0 0
KALVISTA PHARMACEUTICALS INC COM 483497103 2,518 322,436 SH   SOLE   322,436 0 0
KITE PHARMA INC COM 49803L109 4,346 55,500 SH   SOLE   55,500 0 0
LIGAND PHARMACEUTICALS INC COM 53220K504 952 9,000 SH   SOLE   9,000 0 0
MACROGENICS INC COM 556099109 1,004 54,000 SH   SOLE   54,000 0 0
MERUS NV COM N5794R100 803 33,104 SH   SOLE   33,104 0 0
NEKTAR THERAPEUTICS COM 640268108 1,408 60,000 SH   SOLE   60,000 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 1,743 40,264 SH   SOLE   40,264 0 0
NEURODERM LTD ORD SHS M74231107 2,869 108,248 SH   SOLE   108,248 0 0
PACIRA PHARMACEUTICALS INC COM 695127100 729 16,000 SH   SOLE   16,000 0 0
PORTOLA PHARMACEUTICALS INC COM 737010108 1,019 26,000 SH   SOLE   26,000 0 0
PROTHENA CORP PLC SHS G72800108 2,342 42,000 SH   SOLE   42,000 0 0
RADIUS HEALTH INC COM 750469207 765 19,799 SH   SOLE   19,799 0 0
REGENERON PHARMACEUTICALS COM 75886F107 17,482 45,130 SH   SOLE   45,130 0 0
SAGE THERAPEUTICS INC COM 78667J108 1,208 16,996 SH   SOLE   16,996 0 0
SEATTLE GENETICS INC COM 812578102 4,086 65,000 SH   SOLE   65,000 0 0
SHIRE PLC SPONSORED ADR 82481R106 11,882 68,200 SH   SOLE   68,200 0 0
STEMLINE THERAPEUTICS COM 85858C107 2,805 330,000 SH   SOLE   330,000 0 0
SUPERNUS PHARMACEUTICALS INC COM 868459108 6,250 200,000 SH   SOLE   200,000 0 0
SYNERGY PHARMACEUTICALS DEL COM 871639308 1,451 312,000 SH   SOLE   312,000 0 0
TESARO INC COM 881569107 3,616 23,500 SH   SOLE   23,500 0 0
TRANSENTERIX INC COM 89366M201 1,076 889,082 SH   SOLE   889,082 0 0
TRILLIUM THERAPEUTICS INC COM 89620X506 1,364 221,847 SH   SOLE   221,847 0 0
VANDA PHARMACEUTICALS INC COM 921659108 1,895 135,817 SH   SOLE   135,817 0 0
VERACYTE INC COM 92337F107 1,559 170,000 SH   SOLE   170,000 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 13,397 122,522 SH   SOLE   122,522 0 0
XENCOR INC COM 98401F105 430 18,000 SH   SOLE   18,000 0 0