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
ADURO BIOTECH INC COM 00739L101 311 16,056 SH   SOLE 0 16,056 0 0
AMICUS THERAPEUTICS INC COM 03152W109 116,578 8,332,930 SH   SOLE 0 8,332,930 0 0
AQUINOX PHARMACEUTICALS INC COM 03842B101 7,236 514,300 SH   SOLE 0 514,300 0 0
ARRAY BIOPHARMA INC COM 04269X105 80,942 17,750,510 SH   SOLE 0 17,750,510 0 0
ARRAY BIOPHARMA INC NOTE 3.000% 6/0 04269XAA3 3,942 4,000,000 PRN   SOLE 0 4,000,000 0 0
ATARA BIOTHERAPEUTICS INC COM 046513107 33,005 1,049,782 SH   SOLE 0 1,049,782 0 0
AVALANCHE BIOTECHNOLOGIES IN COM 05337G107 6,167 748,420 SH   SOLE 0 748,420 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 38,839 368,775 SH   SOLE 0 368,775 0 0
BLUEPRINT MEDICINES CORP COM 09627Y109 7,842 367,485 SH   SOLE 0 367,485 0 0
CASTLIGHT HEALTH INC CL B 14862Q100 3,084 734,397 SH   SOLE 0 734,397 0 0
CELLDEX THERAPEUTICS INC NEW COM 15117B103 20,595 1,954,019 SH   SOLE 0 1,954,019 0 0
CENTENE CORP DEL COM 15135B101 40,535 747,460 SH   SOLE 0 747,460 0 0
CERNER CORP COM 156782104 214 3,563 SH   SOLE 0 3,563 0 0
CERUS CORP COM 157085101 7,280 1,603,427 SH   SOLE 0 1,603,427 0 0
CHEMOCENTRYX INC COM 16383L106 3,029 500,615 SH   SOLE 0 500,615 0 0
CHIMERIX INC COM 16934W106 40,797 1,067,978 SH   SOLE 0 1,067,978 0 0
CLOVIS ONCOLOGY INC COM 189464100 88,064 957,634 SH   SOLE 0 957,634 0 0
CONFORMIS INC COM 20717E101 12,441 688,845 SH   SOLE 0 688,845 0 0
DBV TECHNOLOGIES S A SPONSORED ADR 23306J101 18,963 532,818 SH   SOLE 0 532,818 0 0
DURECT CORP COM 266605104 5,096 2,613,316 SH   SOLE 0 2,613,316 0 0
DYNAVAX TECHNOLOGIES CORP COM NEW 268158201 17,775 724,348 SH   SOLE 0 724,348 0 0
ELEVEN BIOTHERAPEUTICS INC COM 286221106 2,045 848,351 SH   SOLE 0 848,351 0 0
FATE THERAPEUTICS INC COM 31189P102 11,059 2,074,836 SH   SOLE 0 2,074,836 0 0
FLUIDIGM CORP DEL COM 34385P108 199 24,583 SH   SOLE 0 24,583 0 0
GENOCEA BIOSCIENCES INC COM 372427104 628 91,644 SH   SOLE 0 91,644 0 0
GLOBAL BLOOD THERAPEUTICS IN COM 37890U108 11,084 262,892 SH   SOLE 0 262,892 0 0
HEALTH NET INC COM 42222G108 10,793 179,229 SH   SOLE 0 179,229 0 0
INCYTE CORP COM 45337C102 67,698 613,598 SH   SOLE 0 613,598 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 4,986 590,100 SH   SOLE 0 590,100 0 0
INSMED INC COM PAR $.01 457669307 17,604 947,966 SH   SOLE 0 947,966 0 0
INTRA CELLULAR THERAPIES INC COM 46116X101 52,957 1,322,592 SH   SOLE 0 1,322,592 0 0
INVITAE CORP COM 46185L103 4,766 660,129 SH   SOLE 0 660,129 0 0
IRONWOOD PHARMACEUTICALS INC COM CL A 46333X108 1,988 190,789 SH   SOLE 0 190,789 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 235 1,769 SH   SOLE 0 1,769 0 0
MARKET VECTORS ETF TR PHARMACEUTICAL 57060U217 409 6,500 SH   SOLE 0 6,500 0 0
MEDIVATION INC COM 58501N101 74,487 1,752,642 SH   SOLE 0 1,752,642 0 0
MODEL N INC COM 607525102 14,447 1,443,278 SH   SOLE 0 1,443,278 0 0
NANOSTRING TECHNOLOGIES INC COM 63009R109 22,170 1,385,641 SH   SOLE 0 1,385,641 0 0
NEURODERM LTD ORD SHS M74231107 423,974 1,462,699 SH   SOLE 0 1,462,699 0 0
NEVRO CORP COM 64157F103 1,160 25,000 SH   SOLE 0 25,000 0 0
NXSTAGE MEDICAL INC COM 67072V103 186 11,800 SH   SOLE 0 11,800 0 0
ONCOTHYREON INC COM 682324108 9,905 3,614,990 SH   SOLE 0 3,614,990 0 0
OXFORD IMMUNOTEC GLOBAL PLC ORD SHS G6855A103 298,843 1,028,132 SH   SOLE 0 1,028,132 0 0
PENUMBRA INC COM 70975L107 51,010 1,562,587 SH   SOLE 0 1,562,587 0 0
PORTOLA PHARMACEUTICALS INC COM 737010108 392,004 769,641 SH   SOLE 0 769,641 0 0
PRESS GANEY HLDGS INC COM 74113L102 2,514 84,966 SH   SOLE 0 84,966 0 0
PRONAI THERAPEUTICS INC COM 74346L101 377 18,391 SH   SOLE 0 18,391 0 0
PROQR THRAPEUTICS N V SHS EURO N71542109 9,628 660,816 SH   SOLE 0 660,816 0 0
REGENXBIO INC COM 75901B107 6,102 277,000 SH   SOLE 0 277,000 0 0
RITE AID CORP COM 767754104 223,748 8,071,405 SH   SOLE 0 8,071,405 0 0
SAGE THERAPEUTICS INC COM 78667J108 626,030 1,142,864 SH   SOLE 0 1,142,864 0 0
SEATTLE GENETICS INC COM 812578102 469,684 1,390,173 SH   SOLE 0 1,390,173 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 576 9,250 SH   SOLE 0 9,250 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 1,022,386 1,137,559 SH   SOLE 0 1,137,559 0 0
TRINET GROUP INC COM 896288107 10,738 639,186 SH   SOLE 0 639,186 0 0
TRIVASCULAR TECHNOLOGIES INC COM 89685A102 7,320 1,463,983 SH   SOLE 0 1,463,983 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 81,627 514,273 SH   SOLE 0 514,273 0 0
ZS PHARMA INC COM 98979G105 258,490 514,107 SH   SOLE 0 514,107 0 0