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
ABBVIE Common Stocks 00287Y109 302 4,159 SH   SOLE   4,159 0 0
AKORN INC Common Stocks 009728106 24,567 732,462 SH   SOLE   732,462 0 0
ALKERMES PLC Common Stocks G01767105 1,722 29,700 SH   SOLE   29,700 0 0
AMEDISYS INC Common Stocks 023436108 5,812 92,535 SH   SOLE   92,535 0 0
ARRAY BIOPHARMA INC Common Stocks 04269X105 4,785 571,629 SH   SOLE   571,629 0 0
ATRICURE INC Common Stocks 04963C209 23,252 958,858 SH   SOLE   958,858 0 0
BIO TECHNE CORP Common Stocks 09073M104 4,488 38,194 SH   SOLE   38,194 0 0
BIOMARIN PHARMACEUTICAL INC Common Stocks 09061G101 2,867 31,567 SH   SOLE   31,567 0 0
BLUEBIRD BIO INC Common Stocks 09609G100 3,549 33,780 SH   SOLE   33,780 0 0
CELGENE CORP Common Stocks 151020104 1,779 13,701 SH   SOLE   13,701 0 0
CODEXIS INC Common Stocks 192005106 1,499 274,990 SH   SOLE   274,990 0 0
DYNATRONICS CORP Common Stocks 268157401 280 100,000 SH   SOLE   100,000 0 0
ENTELLUS MEDICAL INC Common Stocks 29363K105 8,486 512,416 SH   SOLE   512,416 0 0
ENZO BIOCHEM INC Common Stocks 294100102 4,450 403,082 SH   SOLE   403,082 0 0
HALOZYME THERAPEUTICS INC Common Stocks 40637H109 5,341 416,579 SH   SOLE   416,579 0 0
HARVARD BIOSCIENCE INC Common Stocks 416906105 9,109 3,572,196 SH   SOLE   3,572,196 0 0
HEALTH CARE SELECT SECTOR SPDR ETF ETF 81369Y209 1,445 18,241 SH   SOLE   18,241 0 0
HEALTHSTREAM INC Common Stocks 42222N103 4,897 186,044 SH   SOLE   186,044 0 0
HERON THERAPEUTICS INC Common Stocks 427746102 5,088 367,390 SH   SOLE   367,390 0 0
IMMUNOMEDICS INC Common Stocks 452907108 18,090 2,048,643 SH   SOLE   2,048,643 0 0
INTERSECT ENT INC Common Stocks 46071F103 7,648 273,645 SH   SOLE   273,645 0 0
IONIS PHARMACEUTICALS INC Common Stocks 462222100 2,137 42,015 SH   SOLE   42,015 0 0
IRIDEX CORP Common Stocks 462684101 997 100,830 SH   SOLE   100,830 0 0
ISHARES NASDAQ BIOTECHNOLOGY ETF ETF 464287556 2,200 7,097 SH   SOLE   7,097 0 0
ISHARES US MEDICAL DEVICES ETF ETF 464288810 1,263 7,580 SH   SOLE   7,580 0 0
JOHNSON AND JOHNSON Common Stocks 478160104 289 2,183 SH   SOLE   2,183 0 0
K2M GROUP HOLDINGS INC Common Stocks 48273J107 6,614 271,495 SH   SOLE   271,495 0 0
LEMAITRE VASCULAR INC Common Stocks 525558201 1,443 46,234 SH   SOLE   46,234 0 0
LHC GROUP INC Common Stocks 50187A107 6,240 91,917 SH   SOLE   91,917 0 0
LIGAND PHARMACEUTICALS INC Common Stocks 53220K504 7,602 62,623 SH   SOLE   62,623 0 0
MACROGENICS INC Common Stocks 556099109 1,078 61,538 SH   SOLE   61,538 0 0
MEDICINES COMPANY Common Stocks 584688105 5,266 138,543 SH   SOLE   138,543 0 0
MERCK & CO INC Common Stocks 58933Y105 275 4,294 SH   SOLE   4,294 0 0
MODEL N INC Common Stocks 607525102 5,629 423,211 SH   SOLE   423,211 0 0
NANOSTRING TECHNOLOGIES INC Common Stocks 63009R109 1,897 114,702 SH   SOLE   114,702 0 0
NEKTAR THERAPEUTICS Common Stocks 640268108 9,192 470,194 SH   SOLE   470,194 0 0
NEOGENOMICS INC Common Stocks 64049M209 24,006 2,679,271 SH   SOLE   2,679,271 0 0
NEVRO CORP Common Stocks 64157F103 4,418 59,358 SH   SOLE   59,358 0 0
NOVARTIS A G Common Stocks 66987V109 298 3,572 SH   SOLE   3,572 0 0
NXSTAGE MEDICAL INC Common Stocks 67072V103 4,301 171,578 SH   SOLE   171,578 0 0
OMNICELL INC Common Stocks 68213N109 11,994 278,294 SH   SOLE   278,294 0 0
OXFORD IMMUNOTEC GLOBAL PLC Common Stocks G6855A103 8,822 524,509 SH   SOLE   524,509 0 0
PFIZER INC Common Stocks 717081103 287 8,558 SH   SOLE   8,558 0 0
POWERSHARES S&P SMALLCAP HEALTH CARE ETF ETF 73937B886 1,519 17,285 SH   SOLE   17,285 0 0
QUIDEL CORP Common Stocks 74838J101 2,014 74,201 SH   SOLE   74,201 0 0
SAGE THERAPEUTICS INC Common Stocks 78667J108 7,387 92,761 SH   SOLE   92,761 0 0
SANOFI-SYNTHELABO Common Stocks 80105N105 322 6,720 SH   SOLE   6,720 0 0
SHIRE PLC Common Stocks 82481R106 11,489 69,519 SH   SOLE   69,519 0 0
SPDR S&P BIOTECH ETF ETF 78464A870 733 9,499 SH   SOLE   9,499 0 0
SPECTRANETICS CORP Common Stocks 84760C107 8,357 217,637 SH   SOLE   217,637 0 0
STREAMLINE HEALTH SOLUTIONS Common Stocks 86323X106 1,896 1,771,550 SH   SOLE   1,771,550 0 0
TEARLAB CORP Common Stocks 878193200 702 420,066 SH   SOLE   420,066 0 0
TELIGENT INC Common Stocks 87960W104 8,678 948,455 SH   SOLE   948,455 0 0
VERACYTE INC Common Stocks 92337F107 6,285 754,560 SH   SOLE   754,560 0 0
VERTEX PHARMACEUTICALS INC Common Stocks 92532F100 2,979 23,119 SH   SOLE   23,119 0 0