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 251 7,200 SH   SOLE 7,200 0 0
ABIOMED INC COM 003654100 7,033 326,189 SH   SOLE 326,189 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 3,570 38,700 SH   SOLE 38,700 0 0
ALIGN TECHNOLOGY INC COM 016255101 38,839 1,048,559 SH   SOLE 1,048,559 0 0
ALLERGAN INC COM 018490102 10,701 127,027 SH   SOLE 127,027 0 0
AMICUS THERAPEUTICS INC COM 03152W109 5,531 2,373,687 SH   SOLE 2,373,687 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 22,337 1,277,109 SH   SOLE 1,277,109 0 0
ARRAY BIOPHARMA INC COM 04269X105 21,653 4,769,368 SH   SOLE 4,769,368 0 0
ARRAY BIOPHARMA INC NOTE 3.000% 6/0 04269XAA3 2,859 3,000,000 PRN   SOLE 3,000,000 0 0
BIOSPECIFICS TECHNOLOGIES CO COM 090931106 4,870 312,152 SH   SOLE 312,152 0 0
BROOKDALE SR LIVING INC COM 112463104 14,449 546,500 SH   SOLE 546,500 0 0
CAPITAL SR LIVING CORP COM 140475104 10,105 422,800 SH   SOLE 422,800 0 0
CARDINAL HEALTH INC COM 14149Y108 27,565 584,000 SH   SOLE 584,000 0 0
CELGENE CORP COM 151020104 23,501 200,900 SH   SOLE 200,900 0 0
CEPHEID COM 15670R107 10,977 318,900 SH   SOLE 318,900 0 0
CERUS CORP COM 157085101 10,720 2,425,400 SH   SOLE 2,425,400 0 0
CHEMOCENTRYX INC COM 16383L106 3,607 255,100 SH   SOLE 255,100 0 0
CHIMERIX INC COM 16934W106 10,927 450,800 SH   SOLE 450,800 0 0
CLOVIS ONCOLOGY INC COM 189464100 31,841 475,377 SH   SOLE 475,377 0 0
CYBERONICS INC COM 23251P102 7,228 139,100 SH   SOLE 139,100 0 0
CYCLACEL PHARMACEUTICALS INC COM NEW 23254L306 3,179 1,077,465 SH   SOLE 1,077,465 0 0
DYNAVAX TECHNOLOGIES CORP COM 268158102 55 50,000 SH   SOLE 50,000 0 0
GLOBUS MED INC CL A 379577208 11,814 700,700 SH   SOLE 700,700 0 0
HCA HOLDINGS INC COM 40412C101 26,443 733,300 SH   SOLE 733,300 0 0
HEARTWARE INTL INC COM 422368100 15,439 162,325 SH   SOLE 162,325 0 0
IDENIX PHARMACEUTICALS INC COM 45166R204 109 30,200 SH   SOLE 30,200 0 0
IMPAX LABORATORIES INC COM 45256B101 19,162 961,100 SH   SOLE 961,100 0 0
INSULET CORP COM 45784P101 18,007 573,300 SH   SOLE 573,300 0 0
ISHARES TR NASDQ BIO INDX 464287556 261 1,500 SH   SOLE 1,500 0 0
KYTHERA BIOPHARMACEUTICALS I COM 501570105 2,979 110,118 SH   SOLE 110,118 0 0
MARKET VECTORS ETF TR PHARMACEUTICAL 57060U217 296 6,500 SH   SOLE 6,500 0 0
MERCK & CO INC NEW COM 58933Y105 11,613 250,000 SH Call SOLE 250,000 0 0
MODEL N INC COM 607525102 11,320 484,600 SH   SOLE 484,600 0 0
NEUROCRINE BIOSCIENCES INC COM 64125C109 7,767 580,500 SH   SOLE 580,500 0 0
NUVASIVE INC COM 670704105 18,939 763,992 SH   SOLE 763,992 0 0
ONYX PHARMACEUTICALS INC COM 683399109 34,205 393,981 SH   SOLE 393,981 0 0
OREXIGEN THERAPEUTICS INC COM 686164104 6,958 1,190,440 SH   SOLE 1,190,440 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 6,200 2,450,580 SH   SOLE 2,450,580 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 23,960 539,994 SH   SOLE 539,994 0 0
REGENERON PHARMACEUTICALS COM 75886F107 13,718 61,000 SH   SOLE 61,000 0 0
SALIX PHARMACEUTICALS INC COM 795435106 218 3,300 SH   SOLE 3,300 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 14,577 316,200 SH   SOLE 316,200 0 0
TORNIER N V SHS N87237108 9,609 549,100 SH   SOLE 549,100 0 0
UNITEDHEALTH GROUP INC COM 91324P102 210 3,200 SH   SOLE 3,200 0 0
VANGUARD HEALTH SYS INC COM 922036207 13,314 641,955 SH   SOLE 641,955 0 0
VCA ANTECH INC COM 918194101 7,253 278,000 SH   SOLE 278,000 0 0
WATERS CORP COM 941848103 7,970 79,664 SH   SOLE 79,664 0 0
XENOPORT INC COM 98411C100 62 12,500 SH   SOLE 12,500 0 0
ZIMMER HLDGS INC COM 98956P102 13,332 177,900 SH   SOLE 177,900 0 0