Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ENERGY TRANSFER PRTNRS L P	433,945	$16.06M	7.8%	$35.96	—	UNIT LTD PARTN	29273R109
—	WILLIAMS PARTNERS L P NEW	386,665	$14.38M	7.0%	$30.48	—	COM UNIT LTD PAR	96949L105
—	BUCKEYE PARTNERS L P	155,711	$11.15M	5.4%	$69.77	—	UNIT LTD PARTN	118230101
—	SUNOCO LOGISTICS PRTNRS L P	344,589	$9.79M	4.7%	$27.22	—	COM UNITS	86764L108
ET	ENERGY TRANSFER EQUITY L P	533,428	$8.956M	4.3%	$13.69	—	COM UT LTD PTN	29273V100
—	ENBRIDGE ENERGY PARTNERS L P	347,910	$8.847M	4.3%	$22.75	—	COM	29250R106
MPLX	MPLX LP	256,093	$8.671M	4.2%	$32.22	—	COM UNIT REP LTD	55336V100
EPD	ENTERPRISE PRODS PARTNERS L	270,408	$7.471M	3.6%	$26.74	—	COM	293792107
PAA	PLAINS ALL AMERN PIPELINE L	208,765	$6.557M	3.2%	$28.28	—	UNIT LTD PARTN	726503105
—	ONEOK PARTNERS LP	155,289	$6.204M	3.0%	$38.29	—	UNIT LTD PARTN	68268N103
—	MAGELLAN MIDSTREAM PRTNRS LP	84,065	$5.947M	2.9%	$70.61	—	COM UNIT RP LP	559080106
—	TESORO LOGISTICS LP	115,509	$5.595M	2.7%	$48.28	—	COM UNIT LP	88160T107
—	ENLINK MIDSTREAM PARTNERS LP	305,029	$5.402M	2.6%	$16.20	—	COM UNIT REP LTD	29336U107
—	EQT MIDSTREAM PARTNERS LP	62,081	$4.73M	2.3%	$76.89	—	UNIT LTD PARTN	26885B100
—	WESTERN GAS PARTNERS LP	76,076	$4.188M	2.0%	$49.99	—	COM UNIT LP IN	958254104
GEL	GENESIS ENERGY L P	96,031	$3.646M	1.8%	$35.92	—	UNIT LTD PARTN	371927104
—	CRESTWOOD EQUITY PARTNERS LP	150,870	$3.206M	1.6%	$19.29	—	UNIT LTD PARTNER	226344208
IGM	ISHARES TR	21,894	$2.706M	1.3%	$123.60	—	N AMER TECH ETF	464287549
—	PHILLIPS 66 PARTNERS LP	53,654	$2.608M	1.3%	$55.54	—	COM UNIT REP INT	718549207
NGL	NGL ENERGY PARTNERS LP	116,498	$2.195M	1.1%	$15.08	—	COM UNIT REPST	62913M107
—	DCP MIDSTREAM PARTNERS LP	61,691	$2.18M	1.1%	$31.44	—	COM UT LTD PTN	23311P100
IYE	ISHARES TR	52,234	$2.037M	1.0%	$39.00	—	U.S. ENERGY ETF	464287796
WMB	WILLIAMS COS INC DEL	60,720	$1.866M	0.9%	$13.46	+20.6%	COM	969457100
TLT	ISHARES TR	12,306	$1.692M	0.8%	$137.49	—	20 YR TR BD ETF	464287432
—	TESARO INC	15,077	$1.511M	0.7%	$75.81	—	COM	881569107
—	TC PIPELINES LP	23,352	$1.332M	0.6%	$54.07	—	UT COM LTD PRT	87233Q108
—	WESTERN GAS EQUITY PARTNERS	30,996	$1.317M	0.6%	$38.39	—	COMUNT LTD PT	95825R103
UBT	PROSHARES TR	12,760	$1.239M	0.6%	$97.10	—	ULTRA 20YR TRE	74347R172
—	SHELL MIDSTREAM PARTNERS L P	38,250	$1.227M	0.6%	$33.42	—	UNIT LTD INT	822634101
VNQ	VANGUARD INDEX FDS	13,991	$1.214M	0.6%	$86.77	—	REIT ETF	922908553
EXEL	EXELIXIS INC	84,932	$1.086M	0.5%	$5.06	+113.6%	COM	30161Q104
—	ARIAD PHARMACEUTICALS INC	75,645	$1.036M	0.5%	$7.31	—	COM	04033A100
—	RAPTOR PHARMACEUTICAL CORP	114,022	$1.023M	0.5%	$5.15	—	COM	75382F106
IONS	IONIS PHARMACEUTICALS INC	27,856	$1.021M	0.5%	$40.27	-22.3%	COM	462222100
TBPH	THERAVANCE BIOPHARMA INC	27,829	$1.009M	0.5%	$17.81	+56.3%	COM	G8807B106
VNDA	VANDA PHARMACEUTICALS INC	57,536	$957K	0.5%	$10.42	+29.2%	COM	921659108
—	SEATTLE GENETICS INC	16,008	$865K	0.4%	$46.06	—	COM	812578102
—	PROGENICS PHARMACEUTICALS IN	135,340	$857K	0.4%	$5.95	—	COM	743187106
HALO	HALOZYME THERAPEUTICS INC	70,108	$847K	0.4%	$9.67	+5.7%	COM	40637H109
—	RETROPHIN INC	37,593	$841K	0.4%	$19.50	—	COM	761299106
—	ENLINK MIDSTREAM LLC	49,935	$836K	0.4%	$14.58	—	COM UNIT REP LTD	29336T100
—	SPECTRA ENERGY CORP	19,142	$818K	0.4%	$31.91	—	COM	847560109
BIIB	BIOGEN INC	2,575	$806K	0.4%	$268.13	+10.5%	COM	09062X103
SRPT	SAREPTA THERAPEUTICS INC	12,949	$795K	0.4%	$25.76	+17.3%	COM	803607100
TRGP	TARGA RES CORP	15,655	$769K	0.4%	$15.07	+91.7%	COM	87612G101
IRWD	IRONWOOD PHARMACEUTICALS INC	48,372	$768K	0.4%	$8.68	+34.7%	COM CL A	46333X108
INCY	INCYTE CORP	7,804	$736K	0.4%	$76.43	+10.2%	COM	45337C102
—	INTERCEPT PHARMACEUTICALS IN	4,378	$721K	0.3%	$140.44	—	COM	45845P108
BMRN	BIOMARIN PHARMACEUTICAL INC	7,681	$711K	0.3%	$83.36	+13.0%	COM	09061G101
—	NEKTAR THERAPEUTICS	41,365	$711K	0.3%	$16.90	—	COM	640268108
ENTA	ENANTA PHARMACEUTICALS INC	26,649	$709K	0.3%	$26.97	-13.9%	COM	29251M106
UTHR	UNITED THERAPEUTICS CORP DEL	5,804	$685K	0.3%	$122.11	-1.6%	COM	91307C102
REGN	REGENERON PHARMACEUTICALS	1,698	$683K	0.3%	$401.68	-0.7%	COM	75886F107
AMGN	AMGEN INC	4,071	$679K	0.3%	$117.92	+8.3%	COM	031162100
—	PDL BIOPHARMA INC	198,901	$666K	0.3%	$3.32	—	COM	69329Y104
—	MOMENTA PHARMACEUTICALS INC	55,093	$644K	0.3%	$9.85	—	COM	60877T100
—	MEDICINES CO	17,070	$644K	0.3%	$37.36	—	COM	584688105
—	CELGENE CORP	6,162	$644K	0.3%	$116.13	—	COM	151020104
—	CLOVIS ONCOLOGY INC	17,865	$644K	0.3%	$22.68	—	COM	189464100
—	MERRIMACK PHARMACEUTICALS IN	100,090	$636K	0.3%	$6.30	—	COM	590328100
OMER	OMEROS CORP	55,936	$624K	0.3%	$13.38	-14.8%	COM	682143102
VRTX	VERTEX PHARMACEUTICALS INC	6,814	$594K	0.3%	$90.42	+4.5%	COM	92532F100
GILD	GILEAD SCIENCES INC	7,450	$589K	0.3%	$70.04	-17.5%	COM	375558103
—	ALEXION PHARMACEUTICALS INC	4,745	$581K	0.3%	$166.83	—	COM	015351109
—	KERYX BIOPHARMACEUTICALS INC	105,877	$562K	0.3%	$5.08	—	COM	492515101
—	ARENA PHARMACEUTICALS INC	317,632	$556K	0.3%	$1.88	—	COM	040047102
LGND	LIGAND PHARMACEUTICALS INC	5,382	$549K	0.3%	$62.37	+17.7%	COM NEW	53220K504
CQP	CHENIERE ENERGY PARTNERS LP	17,587	$515K	0.2%	$29.73	—	COM UNIT	16411Q101
PBYI	PUMA BIOTECHNOLOGY INC	7,666	$514K	0.2%	$37.29	+35.6%	COM	74587V107
—	VITAE PHARMACEUTICALS INC	24,463	$512K	0.2%	$7.80	—	COM	92847N103
—	ARRAY BIOPHARMA INC	75,100	$507K	0.2%	$3.02	—	COM	04269X105
ACAD	ACADIA PHARMACEUTICALS INC	15,878	$505K	0.2%	$34.34	-1.3%	COM	004225108
—	ACORDA THERAPEUTICS INC	24,177	$505K	0.2%	$25.54	—	COM	00484M106
PTCT	PTC THERAPEUTICS INC	34,849	$488K	0.2%	$9.86	-17.5%	COM	69366J200
GDX	VANECK VECTORS ETF TR	18,431	$487K	0.2%	$26.42	—	GOLD MINERS ETF	92189F106
—	AGENUS INC	63,191	$454K	0.2%	$4.15	—	COM NEW	00847G705
XNCR	XENCOR INC	17,649	$432K	0.2%	$11.83	+78.8%	COM	98401F105
—	BLUEBIRD BIO INC	6,165	$418K	0.2%	$42.80	—	COM	09609G100
—	BELLICUM PHARMACEUTICALS INC	20,302	$404K	0.2%	$18.08	—	COM	079481107
—	SAGE THERAPEUTICS INC	8,774	$404K	0.2%	$31.18	—	COM	78667J108
—	BLUEPRINT MEDICINES CORP	13,046	$387K	0.2%	$18.46	—	COM	09627Y109
—	RADIUS HEALTH INC	6,986	$378K	0.2%	$51.21	—	COM NEW	750469207
—	SYNERGY PHARMACEUTICALS DEL	68,254	$376K	0.2%	$4.98	—	COM NEW	871639308
BCRX	BIOCRYST PHARMACEUTICALS	84,907	$374K	0.2%	$3.52	+13.6%	COM	09058V103
—	NEWLINK GENETICS CORP	24,463	$367K	0.2%	$18.45	—	COM	651511107
—	MINERVA NEUROSCIENCES INC	25,630	$362K	0.2%	$10.22	—	COM	603380106
INSM	INSMED INC	24,536	$356K	0.2%	$15.25	-17.9%	COM PAR $.01	457669307
—	LA JOLLA PHARMACEUTICAL CO	14,291	$340K	0.2%	$23.45	—	COM PAR $.0001 2	503459604
—	ADVAXIS INC	30,885	$330K	0.2%	$10.05	—	COM NEW	007624208
PRTA	PROTHENA CORP PLC	5,509	$330K	0.2%	$40.63	+32.1%	SHS	G72800108
—	BOARDWALK PIPELINE PARTNERS	18,873	$324K	0.2%	$17.17	—	UT LTD PARTNER	096627104
—	CEMPRA INC	13,284	$321K	0.2%	$17.10	—	COM	15130J109
LXRX	LEXICON PHARMACEUTICALS INC	17,649	$319K	0.2%	$12.29	+30.9%	COM NEW	528872302
ARWR	ARROWHEAD PHARMACEUTICALS IN	43,272	$318K	0.2%	$5.71	+13.6%	COM	04280A100
—	SPARK THERAPEUTICS INC	5,281	$317K	0.2%	$29.52	—	COM	84652J103
SRNE	SORRENTO THERAPEUTICS INC	40,438	$313K	0.2%	$5.87	+14.6%	COM NEW	83587F202
—	FIBROGEN INC	14,866	$308K	0.1%	$19.12	—	COM	31572Q808
—	FIVE PRIME THERAPEUTICS INC	5,837	$306K	0.1%	$40.66	—	COM	33830X104
FOLD	AMICUS THERAPEUTICS INC	40,705	$301K	0.1%	$7.05	-4.2%	COM	03152W109
—	KARYOPHARM THERAPEUTICS INC	30,617	$298K	0.1%	$8.00	—	COM	48576U106
—	NANTKWEST INC	37,895	$295K	0.1%	$7.00	—	COM	63016Q102
—	AIMMUNE THERAPEUTICS INC	19,501	$293K	0.1%	$12.72	—	COM	00900T107
MGNX	MACROGENICS INC	9,762	$292K	0.1%	$29.27	+1.6%	COM	556099109
RARE	ULTRAGENYX PHARMACEUTICAL IN	4,050	$287K	0.1%	$65.13	-2.0%	COM	90400D108
—	ALDER BIOPHARMACEUTICALS INC	8,582	$281K	0.1%	$31.77	—	COM	014339105
—	IGNYTA INC	44,599	$281K	0.1%	$9.23	—	COM	451731103
ALNY	ALNYLAM PHARMACEUTICALS INC	4,078	$276K	0.1%	$65.39	+7.9%	COM	02043Q107
TGTX	TG THERAPEUTICS INC	35,297	$273K	0.1%	$8.55	-24.8%	COM	88322Q108
—	KITE PHARMA INC	4,889	$273K	0.1%	$46.71	—	COM	49803L109
—	ATARA BIOTHERAPEUTICS INC	12,651	$271K	0.1%	$26.07	—	COM	046513107
CYTK	CYTOKINETICS INC	29,379	$270K	0.1%	$7.53	+38.7%	COM NEW	23282W605
—	GLOBAL BLOOD THERAPEUTICS IN	11,710	$270K	0.1%	$16.09	—	COM	37890U108
NBIX	NEUROCRINE BIOSCIENCES INC	5,324	$270K	0.1%	$40.36	+23.4%	COM	64125C109
—	LION BIOTECHNOLOGIES INC	32,726	$269K	0.1%	$5.10	—	COM	53619R102
AGIO	AGIOS PHARMACEUTICALS INC	5,068	$268K	0.1%	$42.90	+1.5%	COM	00847X104
AKBA	AKEBIA THERAPEUTICS INC	29,590	$268K	0.1%	$8.28	+2.7%	COM	00972D105
—	LOXO ONCOLOGY INC	10,231	$268K	0.1%	$27.63	—	COM	548862101
—	AXOVANT SCIENCES LTD	19,065	$267K	0.1%	$11.92	—	COM	G0750W104
—	IMMUNOMEDICS INC	81,010	$263K	0.1%	$3.07	—	COM	452907108
—	ADURO BIOTECH INC	21,010	$261K	0.1%	$11.89	—	COM	00739L101
—	TREVENA INC	38,367	$259K	0.1%	$8.94	—	COM	89532E109
ONC	BEIGENE LTD	8,344	$257K	0.1%	$29.84	—	SPONSORED ADR	07725L102
—	ACCELERON PHARMA INC	6,910	$250K	0.1%	$27.68	—	COM	00434H108
—	SPDR S&P 500 ETF TR	200	$250K	0.1%	—	—	Call	78462F903
—	TORONTO DOMINION BK ONT	245,000	$246K	0.1%	$1.00	—	NOTE 3.625% 9/1	891160MJ9
—	AVEXIS INC	5,869	$242K	0.1%	$38.00	—	COM	05366U100
—	CELLDEX THERAPEUTICS INC NEW	59,537	$241K	0.1%	$4.21	—	COM	15117B103
—	ONCOMED PHARMACEUTICALS INC	20,269	$232K	0.1%	$10.97	—	COM	68234X102
—	NUSTAR ENERGY LP	4,608	$228K	0.1%	$46.39	—	UNIT COM	67058H102
—	ZIOPHARM ONCOLOGY INC	40,175	$226K	0.1%	$6.88	—	COM	98973P101
—	INOVIO PHARMACEUTICALS INC	24,058	$224K	0.1%	$8.72	—	COM NEW	45773H201
—	PORTOLA PHARMACEUTICALS INC	9,735	$221K	0.1%	$38.57	—	COM	737010108
—	ACHILLION PHARMACEUTICALS IN	26,915	$218K	0.1%	$7.71	—	COM	00448Q201
—	OPHTHOTECH CORP	4,702	$217K	0.1%	$71.50	—	COM	683745103
ESPR	ESPERION THERAPEUTICS INC NE	15,540	$215K	0.1%	$16.23	-30.2%	COM	29664W105
—	EPIZYME INC	21,750	$214K	0.1%	$11.67	—	COM	29428V104
—	CONCERT PHARMACEUTICALS INC	20,939	$212K	0.1%	$15.90	—	COM	206022105
GERN	GERON CORP	91,851	$208K	0.1%	$3.58	-27.7%	COM	374163103
QURE	UNIQURE NV	26,511	$203K	0.1%	$13.46	-41.1%	SHS	N90064101
SGMO	SANGAMO BIOSCIENCES INC	41,249	$191K	0.1%	$7.31	-30.4%	COM	800677106
—	IMMUNOGEN INC	70,796	$190K	0.1%	$4.56	—	COM	45253H101
ADAPY	ADAPTIMMUNE THERAPEUTICS PLC	26,974	$190K	0.1%	$8.13	—	SPONDS ADR	00653A107
OKE	ONEOK INC NEW	3,591	$185K	0.1%	$23.68	+12.9%	COM	682680103
—	SPECTRA ENERGY PARTNERS LP	4,205	$184K	0.1%	$46.47	—	COM	84756N109
—	DYNAVAX TECHNOLOGIES CORP	17,302	$181K	0.1%	$19.99	—	COM NEW	268158201
—	JUNO THERAPEUTICS INC	6,017	$181K	0.1%	$38.14	—	COM	48205A109
IYF	ISHARES TR	1,986	$179K	0.1%	$90.13	—	U.S. FINLS ETF	464287788
—	APPLIED GENETIC TECHNOL CORP	16,223	$159K	0.1%	$14.12	—	COM	03820J100
IDU	ISHARES TR	1,254	$154K	0.1%	$122.81	—	U.S. UTILITS ETF	464287697
—	REGULUS THERAPEUTICS INC	46,269	$153K	0.1%	$5.57	—	COM	75915K101
—	SERES THERAPEUTICS INC	8,098	$100K	0.0%	$27.05	—	COM	81750R102
—	INTRA CELLULAR THERAPIES INC	6,443	$98,000	0.0%	$38.80	—	COM	46116X101
—	NOVAVAX INC	37,550	$78,000	0.0%	$8.18	—	COM	670002104
—	WILLIAMS COS INC DEL	350	$54,000	0.0%	—	—	Call	969457900