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
AbbVie Inc COM 00287Y109 12,879 220,000 SH   SOLE   0 0 220,000
Abiomed Inc COM 003654100 3,937 55,000 SH   SOLE   0 0 55,000
Acadia Pharmaceuticals Inc COM 004225108 5,573 171,000 SH   SOLE   0 0 171,000
Achillion Pharmaceuticals Inc COM 00448Q201 2,761 280,000 SH   SOLE   0 0 280,000
Actavis Plc SHS G0083B108 13,482 45,300 SH   SOLE   0 0 45,300
Aetna Inc COM 00817Y108 4,368 41,000 SH   SOLE   0 0 41,000
Alexion Pharmaceuticals Inc COM 015351109 19,926 114,978 SH   SOLE   0 0 114,978
Alkermes Plc SHS G01767105 15,730 258,000 SH   SOLE   0 0 258,000
Alnylam Pharmaceuticals Inc COM 02043Q107 5,534 53,000 SH   SOLE   0 0 53,000
AmerisourceBergen Corp COM 03073E105 4,319 38,000 SH   SOLE   0 0 38,000
Amgen Inc COM 031162100 15,825 99,000 SH   SOLE   0 0 99,000
Amsurg Corp COM 03232P405 4,676 76,000 SH   SOLE   0 0 76,000
Anthem Inc COM 36752103 8,801 57,000 SH   SOLE   0 0 57,000
Anthera Pharmaceuticals Inc COM 03674U201 3,135 701,314 SH   SOLE   0 0 701,314
Ariad Pharmaceuticals Inc COM 04033A100 3,189 387,000 SH   SOLE   0 0 387,000
Array BioPharma Inc COM 04269X105 2,948 400,000 SH   SOLE   0 0 400,000
Avalanche Biotechnologies Inc COM 05337G107 1,742 43,000 SH   SOLE   0 0 43,000
Becton Dickinson & Co COM 75887109 6,746 46,982 SH   SOLE   0 0 46,982
BIND Therapeutics Inc COM 05548N107 733 133,535 SH   SOLE   0 0 133,535
Biogen Inc COM 09062X103 17,185 40,700 SH   SOLE   0 0 40,700
BioMarin Pharmaceutical Inc COM 09061G101 9,347 75,000 SH   SOLE   0 0 75,000
Bristol Myers Squibb Co COM 110122108 8,321 129,000 SH   SOLE   0 0 129,000
Cardinal Health Inc COM 14149Y108 12,764 141,400 SH   SOLE   0 0 141,400
Celgene Corp COM 151020104 17,407 151,000 SH   SOLE   0 0 151,000
Celladon Corp COM 15117E107 2,274 120,053 SH   SOLE   0 0 120,053
Celldex Therapeutics Inc COM 15117B103 3,317 119,000 SH   SOLE   0 0 119,000
Cempra Inc COM 15130J109 6,358 185,300 SH   SOLE   0 0 185,300
Centene Corp COM 15135B101 3,393 48,000 SH   SOLE   0 0 48,000
Cepheid Inc COM 15670R107 2,959 52,000 SH   SOLE   0 0 52,000
Cerner Corp COM 156782104 4,835 66,000 SH   SOLE   0 0 66,000
Chimerix Inc COM 16934W106 535 14,200 SH   SOLE   0 0 14,200
Clovis Oncology Inc COM 189464100 4,008 54,000 SH   SOLE   0 0 54,000
Community Health Syst Inc COM 203668108 6,169 118,000 SH   SOLE   0 0 118,000
CVS Health Corp COM 126650100 14,965 145,000 SH   SOLE   0 0 145,000
Cyberonics Inc COM 23251P102 7,011 108,000 SH   SOLE   0 0 108,000
Dexcom Inc COM 252131107 4,800 77,000 SH   SOLE   0 0 77,000
Dynavax Technologies Corp COM 268158102 2,755 122,835 SH   SOLE   0 0 122,835
Edwards Lifesciences Corp COM 28176E108 2,707 19,000 SH   SOLE   0 0 19,000
Eli Lilly & Co COM 532457108 9,372 129,000 SH   SOLE   0 0 129,000
Endo International Plc SHS G30401106 2,399 26,741 SH   SOLE   0 0 26,741
Endologix Inc COM 29266S106 3,312 194,000 SH   SOLE   0 0 194,000
Esperion Therapeutics Inc COM 29664W105 11,753 126,926 SH   SOLE   0 0 126,926
Gilead Sciences Inc COM 375558103 15,603 159,000 SH   SOLE   0 0 159,000
HCA Holdings Inc COM 40412C101 5,567 74,000 SH   SOLE   0 0 74,000
SELECT SECTOR SPDR TR OPT 81369Y961 31,900 440,000 SH Put SOLE   0 0 440,000
Heartware Intl Inc COM 422368AA8 2,896 33,000 SH   SOLE   0 0 33,000
Hologic Inc COM 436440101 3,336 101,000 SH   SOLE   0 0 101,000
Incyte Corp Ltd COM 45337C102 10,999 120,000 SH   SOLE   0 0 120,000
Insulet Corp COM 45784P101 3,002 90,000 SH   SOLE   0 0 90,000
Intercept Pharmaceuticals Inc COM 45845P108 6,486 23,000 SH   SOLE   0 0 23,000
Intra-Cellular Therapies Inc COM 46116X101 4,370 183,000 SH   SOLE   0 0 183,000
Isis Pharmaceuticals Inc COM 464330109 6,494 102,000 SH   SOLE   0 0 102,000
Jazz Pharmaceuticals Plc SHS G50871105 9,503 55,000 SH   SOLE   0 0 55,000
Keryx Biopharmaceuticals Inc COM 492515101 3,781 297,000 SH   SOLE   0 0 297,000
Kite Pharma Inc COM 49803L109 2,596 45,000 SH   SOLE   0 0 45,000
Laboratory Corp of America Hgs COM 50540R409 4,918 39,000 SH   SOLE   0 0 39,000
Lexicon Pharmaceuticals Inc COM 528872104 1,506 1,594,805 SH   SOLE   0 0 1,594,805
Ligand Pharmaceuticals Inc B COM 53220K504 3,007 39,000 SH   SOLE   0 0 39,000
Macrogenics Inc COM 556099109 3,325 106,000 SH   SOLE   0 0 106,000
McKesson Corp COM 58155Q103 8,596 38,000 SH   SOLE   0 0 38,000
Medivation Inc COM 58501N101 8,906 69,000 SH   SOLE   0 0 69,000
Medtronic Plc COM 585055106 5,381 69,000 SH   SOLE   0 0 69,000
Merck & Co Inc COM 58933Y105 17,244 300,000 SH   SOLE   0 0 300,000
Mirati Therapeutics Inc COM 60468t105 1,331 45,388 SH   SOLE   0 0 45,388
Myriad Genetics Inc COM 62855J104 2,124 60,000 SH   SOLE   0 0 60,000
Nektar Therapeutics COM 640268108 10,963 996,600 SH   SOLE   0 0 996,600
Omnicare Inc COM 681904108 3,853 50,000 SH   SOLE   0 0 50,000
Omnicell Inc COM 68213N109 2,808 80,000 SH   SOLE   0 0 80,000
Orexigen Therapeutics Inc COM 686164104 6,513 831,800 SH   SOLE   0 0 831,800
Perrigo Co Plc SHS G97822103 3,311 20,000 SH   SOLE   0 0 20,000
Receptos Inc COM 756207106 7,173 43,500 SH   SOLE   0 0 43,500
Regeneron Pharmaceuticals Inc COM 75886F107 9,933 22,000 SH   SOLE   0 0 22,000
Revance Therapeutics Inc COM 761330109 4,892 236,000 SH   SOLE   0 0 236,000
Rigel Pharmaceuticals Inc COM 766559603 3,570 1,000,000 SH   SOLE   0 0 1,000,000
Rite Aid Corp COM 767754104 11,092 1,276,462 SH   SOLE   0 0 1,276,462
St Jude Medical Inc COM 790849103 3,192 48,800 SH   SOLE   0 0 48,800
Stryker Corp COM 863667101 2,952 32,000 SH   SOLE   0 0 32,000
Supernus Pharmaceuticals Inc COM 868459108 5,450 450,800 SH   SOLE   0 0 450,800
Tandem Diabetes Care Inc COM 875372104 2,638 209,000 SH   SOLE   0 0 209,000
Tesaro Inc COM 881569107 3,042 52,999 SH   SOLE   0 0 52,999
Tetraphase Pharmaceuticals Inc COM 88165N105 4,470 122,000 SH   SOLE   0 0 122,000
Teva Pharma Ind Ltd ADR repr 1 Share COM 881624209 3,115 50,000 SH   SOLE   0 0 50,000
Thoratec Corp COM 885175307 3,644 87,000 SH   SOLE   0 0 87,000
Threshold Pharmaceuticals COM 885807206 818 201,537 SH   SOLE   0 0 201,537
United Health Group Inc COM 91324P102 15,378 130,000 SH   SOLE   0 0 130,000
Universal Health Services Inc B COM 913903100 10,241 87,000 SH   SOLE   0 0 87,000
Valeant Pharm Intl Inc COM 91911K102 7,150 36,000 SH   SOLE   0 0 36,000
Vertex Pharmaceuticals Inc COM 92532F100 6,842 58,000 SH   SOLE   0 0 58,000
Xencor Inc COM 98401F105 2,911 190,000 SH   SOLE   0 0 190,000