Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Kythera Biopharma	113,923	$8.542M	7.7%	$75.14	—	COM	501570105
PRGO	Perrigo Inc	51,000	$8.021M	7.2%	$189.42	-3.2%	SHS	G97822103
SPY	SPDR S&P 500 ETF TR	35,000	$6.707M	6.1%	$194.02	—	TR UNIT	78462F103
—	Precision Castparts Corp	21,500	$4.939M	4.5%	$229.72	—	COM	740189105
—	Altera Corp	83,500	$4.182M	3.8%	$48.67	—	COM	021441100
—	Xoom Corp	162,000	$4.031M	3.6%	$24.88	—	COM	98419q101
—	Sigma-Aldrich Corp	29,000	$4.029M	3.6%	$138.32	—	COM	826552101
—	Time Warner Cable Inc	20,000	$3.587M	3.2%	$148.32	—	COM	88732J207
—	Mylan N V	86,000	$3.462M	3.1%	—	—	Put	N59465959
—	Chubb	25,500	$3.128M	2.8%	$122.67	—	COM	171232101
—	Thoratec Labs	48,400	$3.062M	2.8%	$63.26	—	COM NEW	885175307
HUM	Humana Inc.	16,055	$2.874M	2.6%	$170.66	-0.4%	COM	444859102
—	Mylan N V	70,000	$2.818M	2.5%	$53.26	—	SHS EURO	N59465109
—	Partnerre Ltd	20,000	$2.778M	2.5%	$127.52	—	COM	G6852T105
—	Solera Holdings	50,000	$2.7M	2.4%	$54.00	—	COM	83421a104
—	Depomed	132,700	$2.501M	2.3%	$18.85	—	COM	249908104
—	City National Corp	27,000	$2.378M	2.1%	$89.09	—	COM	178566105
—	Cigna Corporation	17,600	$2.376M	2.1%	$151.59	—	COM	125509109
—	Stancorp Financial Group	18,500	$2.113M	1.9%	$114.22	—	COM	852891100
—	Cameron International	33,500	$2.054M	1.9%	$61.31	—	COM	13342b105
—	HCC Ins. Hold.	26,000	$2.014M	1.8%	$76.86	—	COM	404132102
—	Broadcom Corp	38,800	$1.995M	1.8%	$51.48	—	CL A	111320107
—	SPDR S&P 500 ETF TR	10,000	$1.916M	1.7%	—	—	Call	78462F903
—	SPDR S&P 500 ETF TR	10,000	$1.916M	1.7%	—	—	Put	78462F953
WMB	William Cos Inc DEL	47,300	$1.743M	1.6%	$27.56	-0.5%	COM	969457100
—	Health Net Inc	27,100	$1.632M	1.5%	$60.22	—	COM	42222g108
—	Remy International	42,000	$1.229M	1.1%	—	—	Call	75971m108
—	Baxalta Inc	35,000	$1.103M	1.0%	$31.51	—	COM	07177m103
—	IPC Healthcare Inc	12,500	$971K	0.9%	$77.68	—	COM	44984a105
—	Atmel Corp	110,000	$888K	0.8%	$8.07	—	COM	049513104
—	Media General	60,000	$839K	0.8%	$13.98	—	COM	58441k100
—	Depomed	39,100	$737K	0.7%	—	—	Put	249908954
—	Baxalta Inc	20,000	$630K	0.6%	—	—	Put	07177M953
—	IPC Healthcare Inc	8,000	$622K	0.6%	—	—	Put	44984A955
IBB	Ishares Nasdaq Biotech Indx	2,000	$607K	0.5%	$303.50	—	NASDQ BIOTEC ETF	464287556
LAMR	Lamar Advertising Co.	11,500	$600K	0.5%	$53.32	—	CL A	512816109
ZTS	Zoetis Inc	14,300	$589K	0.5%	$41.41	+3.2%	CL A	98978V103
—	National Penn Bancshares, Inc	50,000	$588K	0.5%	$11.76	—	COM	637138108
TMUS	T-Mobile US Inc	14,400	$573K	0.5%	$24.79	+55.5%	COM	872590104
—	Pinnacle Entertainment	16,800	$569K	0.5%	$37.29	—	COM	723456109
T	AT&T Ince	17,000	$554K	0.5%	$12.27	0.0%	COM	00206R102
—	Con-Way Inc	11,500	$546K	0.5%	$47.48	—	COM	205944101
—	Allergan PLC	2,000	$544K	0.5%	$289.40	—	SHS	G0177J108
—	Symetra Financial	17,000	$538K	0.5%	$31.65	—	COM	87151q106
AAPL	Apple Inc	4,200	$463K	0.4%	$22.07	+19.1%	COM	037833100
—	Zulily Inc CLass A	25,000	$435K	0.4%	$17.40	—	CL A	989774104
DLTR	Dollar Tree Stores	6,500	$433K	0.4%	$75.09	0.0%	COM	256746108
—	Zoetis Inc	10,000	$412K	0.4%	—	—	Put	98978V953
—	Equity Commonwealth	15,000	$409K	0.4%	$25.72	—	COM SH BEN INT	294628102
—	Cablevision Sys Corp	12,500	$406K	0.4%	$32.48	—	CL A NY CABLVS	12686C109
—	Mylan N V	10,000	$403K	0.4%	—	—	Call	N59465909
—	Horizon Pharma	20,000	$396K	0.4%	—	—	Put	G4617B955
—	Dot Hill Systems	40,000	$389K	0.4%	$9.72	—	COM	25848t109
—	Tower Watson & Co	3,200	$376K	0.3%	$122.81	—	CL A	891894107
—	Men's Wearhouse Inc	8,386	$357K	0.3%	$47.94	—	COM	587118100
—	CenturyLink Inc	12,540	$315K	0.3%	$35.33	—	COM	156700106
—	St Jude Med Inc	5,000	$315K	0.3%	—	—	Put	790849953
BIIB	Biogen Idec	1,000	$292K	0.3%	$330.23	0.0%	COM	09062X103
—	Foundation Medicine Inc	15,300	$282K	0.3%	$44.08	—	COM	350465100
—	Teva Pharmaceutical Inds Ltd	5,000	$282K	0.3%	—	—	Call	881624909
—	Kraft Foods Group	4,000	$282K	0.3%	$85.18	—	COM	50076Q106
PKG	Packaging Corp of America	4,600	$277K	0.3%	$41.83	+16.9%	COM	695156109
SIG	Signet Jewelers Limited	2,000	$272K	0.2%	$109.36	-4.1%	SHS	G81276100
—	Cigna Corporation	2,000	$270K	0.2%	—	—	Put	125509959
—	Reynolds American Inc	6,000	$266K	0.2%	$74.70	—	COM	761713106
—	Pepco Holdings, Inc	10,900	$264K	0.2%	$24.22	—	COM	713291102
—	Baker Hughes Inc	5,000	$260K	0.2%	—	—	Put	057224957
VYX	NCR Corp.	10,700	$243K	0.2%	$16.65	0.0%	COM	62886E108
—	Pepco Holdings, Inc	10,000	$242K	0.2%	—	—	Put	713291952
—	Barnes & Noble Inc.	19,000	$230K	0.2%	$23.49	—	COM	067774109
TGNA	Tegna Inc	10,000	$224K	0.2%	$18.83	-10.0%	COM	87901J105
—	Scripps Networks Interactive	4,200	$207K	0.2%	$81.13	—	CL A COM	811065101
—	Shire Pharmaceuticals	1,000	$205K	0.2%	$205.00	—	SPONSORED ADR	82481R106
RVTY	Perkinelmer	4,400	$202K	0.2%	$45.02	+6.8%	COM	714046109
—	Synergetics USA Inc	30,000	$197K	0.2%	$6.57	—	COM	87160G107
—	Barnes and Noble Education	14,270	$181K	0.2%	$12.68	—	COM	06777u101
—	Synchronoss Technologies Inc	4,000	$131K	0.1%	—	—	Put	87157B953
—	Rentech Inc	10,000	$118K	0.1%	$11.80	—	CALL	760112901
—	Ariad Pharmaceuticals Inc	20,000	$117K	0.1%	$5.85	—	COM	04033A100
—	Foundation Medicine Inc	5,000	$92,000	0.1%	—	—	Put	350465950
—	Alcatel-Lucent	19,700	$72,000	0.1%	$3.60	—	SPONSORED ADR	013904305
BB	Blackberry Ltd	10,800	$66,000	0.1%	$9.61	-22.3%	COM	09228F103
—	Blyth Inc.	10,000	$60,000	0.1%	$6.00	—	COM NEW	09643P207
—	Community Helath CVR	160,000	$1,000	0.0%	$0.03	—	RIGHT 99/99/9999	203668116