Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VRTX	VERTEX PHARMACEUTICALS INC	90,000	$40.19M	2.1%	—	—	CALL	92532F100
WELL	WELLTOWER INC	180,953	$35.78M	1.9%	$186.94	0.0%	COM	95040Q104
DOC	HEALTHPEAK PROPERTIES INC	1,981,070	$32.55M	1.7%	$16.20	0.0%	COM	42250P103
OHI	OMEGA HEALTHCARE INVS INC	585,680	$25.66M	1.4%	$43.82	—	COM	681936100
QGEN	QIAGEN NV	545,330	$21.84M	1.2%	$50.32	0.0%	ORD SHARES	N72482156
QGEN	QIAGEN NV	476,300	$19.07M	1.0%	$50.32	0.0%	CALL	N72482156
INSM	INSMED INC	94,000	$15.37M	0.8%	—	—	CALL	457669307
HYG	ISHARES TR	180,000	$14.32M	0.8%	—	—	PUT	464288513
RGEN	REPLIGEN CORP	120,785	$14.23M	0.8%	$152.40	0.0%	COM	759916109
LTC	LTC PPTYS INC	321,046	$11.93M	0.6%	$37.16	—	COM	502175102
CHE	CHEMED CORP NEW	31,057	$11.73M	0.6%	$450.74	0.0%	COM	16359R103
UNH	UNITEDHEALTH GROUP INC	40,000	$10.82M	0.6%	$372.42	-17.1%	CALL	91324P102
IWM	ISHARES TR	40,000	$9.92M	0.5%	—	—	PUT	464287655
XLK	SELECT SECTOR SPDR TR	70,000	$9.303M	0.5%	—	—	PUT	81369Y803
VKTX	VIKING THERAPEUTICS INC	239,110	$7.781M	0.4%	$31.35	0.0%	COM	92686J106
AGIO	AGIOS PHARMACEUTICALS INC	200,000	$6.766M	0.4%	$28.04	0.0%	COM	00847X104
THC	TENET HEALTHCARE CORP	29,512	$5.569M	0.3%	$206.21	0.0%	COM NEW	88033G407
MDGL	MADRIGAL PHARMACEUTICALS INC	10,000	$5.235M	0.3%	$492.48	0.0%	COM	558868105
PRAX	PRAXIS PRECISION MEDICINES I	14,800	$4.768M	0.3%	—	—	PUT	74006W207
DAWN	DAY ONE BIOPHARMACEUTICALS I	183,902	$3.943M	0.2%	$11.02	0.0%	COM	23954D109
CMPS	COMPASS PATHWAYS PLC	677,924	$3.749M	0.2%	$5.53	—	SPONSORED ADS	20451W101
GRCE	GRACE THERAPEUTICS INC	756,600	$3.503M	0.2%	$3.72	0.0%	COM	00439U104
UHS	UNIVERSAL HLTH SVCS INC	18,200	$3.257M	0.2%	—	—	PUT	913903100
XLE	SELECT SECTOR SPDR TR	50,000	$3.063M	0.2%	—	—	CALL	81369Y506
DFTX	DEFINIUM THERAPEUTICS INC	160,723	$3.038M	0.2%	$16.29	0.0%	COM SHS	24477V105
EQ	EQUILLIUM INC	1,498,993	$2.998M	0.2%	$1.44	0.0%	COM	29446K106
ENSG	ENSIGN GROUP INC	14,761	$2.974M	0.2%	$188.72	0.0%	COM	29358P101
PMVP	PMV PHARMACEUTICALS INC	2,348,360	$2.912M	0.2%	$1.12	0.0%	COM	69353Y103
ANRO	ALTO NEUROSCIENCE INC	125,168	$2.814M	0.1%	$16.77	0.0%	COM SHS	02157Q109
REPL	REPLIMUNE GROUP INC	334,861	$2.562M	0.1%	$7.81	0.0%	COM	76029N106
LBRX	LB PHARMACEUTICALS INC	100,198	$2.471M	0.1%	$22.38	0.0%	COM SHS	50180M108
LPCN	LIPOCINE INC NEW	294,989	$2.357M	0.1%	$9.20	0.0%	COM NEW	53630X203
VIR	VIR BIOTECHNOLOGY INC	250,000	$2.24M	0.1%	$7.20	0.0%	COM	92764N102
RLMD	RELMADA THERAPEUTICS INC	277,899	$1.934M	0.1%	$4.01	0.0%	COM	75955J402
INO	INOVIO PHARMACEUTICALS INC	1,035,360	$1.802M	0.1%	$1.63	0.0%	COM SHS	45773H409
KPTI	KARYOPHARM THERAPEUTICS INC	276,174	$1.538M	0.1%	$7.62	0.0%	COM NEW	48576U205
AGL	AGILON HEALTH INC	176,588	$1.397M	0.1%	$7.91	—	COM NEW	00857U206
EVMN	EVOMMUNE INC	54,680	$1.257M	0.1%	$21.99	0.0%	COM SHS	30054Y107
IMCR	IMMUNOCORE HLDGS PLC	39,238	$1.183M	0.1%	$30.15	—	ADS	45258D105
DHC	DIVERSIFIED HEALTHCARE TR	151,283	$1.005M	0.1%	$6.64	—	COM SH BEN INT	25525P107
SNDA	SONIDA SENIOR LIVING INC	28,437	$917K	0.0%	$32.91	0.0%	COM	140475203
REPL	REPLIMUNE GROUP INC	52,000	$398K	0.0%	$7.81	0.0%	CALL	76029N106
AIRS	AIRSCULPT TECHNOLOGIES INC	74,139	$210K	0.0%	$2.30	0.0%	COM	009496100
KPTI	KARYOPHARM THERAPEUTICS INC	23,800	$133K	0.0%	$7.62	0.0%	CALL	48576U205

Increased Positions (36)

BKD BROOKDALE SR LIVING INC 2.6%

Value $48.82M (+1106.7%) Shares 3,568,555 (+851.8%) Est. Cost $13.43 Unrealized +3.1%

SPY STATE STR SPDR S&P 500 ETF T 3.7%

Value $69.59M (+127.3%) Shares 107,000 (+138.3%) Est. Cost — Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 8.3%

Value $157M (+27.3%) Shares 264,271 (+4.6%) Est. Cost $311.42 Unrealized +54.3%

CLDX CELLDEX THERAPEUTICS INC NEW 3.0%

Value $56.72M (+45.5%) Shares 1,788,016 (+24.6%) Est. Cost $28.75 Unrealized -11.6%

TLT ISHARES TR 2.0%

Value $37.17M (+85.4%) Shares 428,800 (+86.4%) Est. Cost — Unrealized —

ABVX ABIVAX SA 5.5%

Value $104M (+17.3%) Shares 934,423 (+42.0%) Est. Cost $105.10 Unrealized —

PODD INSULET CORP 1.6%

Value $30.12M (+41.8%) Shares 143,546 (+92.1%) Est. Cost $289.72 Unrealized -8.7%

LQDA LIQUIDIA CORPORATION 1.3%

Value $25.56M (+45.5%) Shares 677,392 (+33.0%) Est. Cost $21.15 Unrealized +79.3%

EHC ENCOMPASS HEALTH CORP 1.0%

Value $18.78M (+65.4%) Shares 194,104 (+81.5%) Est. Cost $109.96 Unrealized -6.4%

BBNX BETA BIONICS INC 0.7%

Value $14.18M (-31.4%) Shares 1,414,838 (+108.6%) Est. Cost $21.70 Unrealized -21.2%

BMRN BIOMARIN PHARMACEUTICAL INC 0.6%

Value $11.74M (+110.7%) Shares 207,768 (+121.6%) Est. Cost $58.03 Unrealized +1.2%

LLY ELI LILLY & CO 0.9%

Value $17.48M (+53.1%) Shares 19,000 (+78.9%) Est. Cost $995.91 Unrealized +5.1%

BCRX BIOCRYST PHARMACEUTICALS INC 1.5%

Value $28.94M (+24.0%) Shares 3,039,820 (+1.6%) Est. Cost $7.69 Unrealized -9.0%

IONS IONIS PHARMACEUTICALS INC 2.5%

Value $47.46M (+11.5%) Shares 632,100 (+17.4%) Est. Cost $43.10 Unrealized +89.8%

GERN GERON CORP 1.5%

Value $28.06M (+20.4%) Shares 18,834,883 (+6.7%) Est. Cost $1.36 Unrealized +11.2%

CTMX CYTOMX THERAPEUTICS INC. 0.8%

Value $14.99M (+40.3%) Shares 3,188,514 (+27.2%) Est. Cost $4.10 Unrealized +27.3%

ARDX ARDELYX INC 0.7%

Value $13.35M (+33.6%) Shares 2,229,446 (+30.0%) Est. Cost $5.83 Unrealized +21.4%

IVVD INVIVYD INC 0.2%

Value $2.959M (-44.0%) Shares 2,276,349 (+6.4%) Est. Cost $1.00 Unrealized +97.6%

GPCR STRUCTURE THERAPEUTICS INC 0.4%

Value $6.653M (-25.0%) Shares 138,036 (+8.2%) Est. Cost $25.53 Unrealized —

ALEC ALECTOR INC 0.2%

Value $2.905M (+85.1%) Shares 1,351,106 (+34.3%) Est. Cost $1.87 Unrealized +1.8%

PNTG PENNANT GROUP INC 0.5%

Value $9.515M (+15.0%) Shares 312,178 (+6.2%) Est. Cost $26.90 Unrealized +11.4%

EHAB ENHABIT INC 0.2%

Value $3.205M (+59.1%) Shares 227,451 (+4.1%) Est. Cost $8.75 Unrealized +25.1%

SVRA SAVARA INC 0.1%

Value $2.098M (+104.4%) Shares 384,264 (+125.8%) Est. Cost $5.34 Unrealized +6.6%

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.7%

Value $13.58M (+7.6%) Shares 576,580 (+32.7%) Est. Cost $24.01 Unrealized +11.9%

CYH COMMUNITY HEALTH SYS INC NEW 1.3%

Value $25.51M (+2.9%) Shares 8,677,281 (+9.2%) Est. Cost $3.83 Unrealized -14.3%

ENGN ENGENE HOLDINGS INC 0.2%

Value $3.477M (-15.5%) Shares 510,543 (+12.0%) Est. Cost $8.19 Unrealized +18.0%

PASG PASSAGE BIO INC 0.1%

Value $1.033M (-30.7%) Shares 131,581 (+4.2%) Est. Cost $8.77 Unrealized +36.6%

QQQ INVESCO QQQ TR 7.3%

Value $138M (-0.3%) Shares 238,700 (+6.1%) Est. Cost — Unrealized —

WHWK WHITEHAWK THERAPEUTICS INC 0.1%

Value $1.058M (+68.1%) Shares 306,800 (+17.9%) Est. Cost $2.37 Unrealized +18.8%

BCYC BICYCLE THERAPEUTICS PLC 0.0%

Value $885K (-30.1%) Shares 190,715 (+6.6%) Est. Cost $6.81 Unrealized —

CTNM CONTINEUM THERAPEUTICS INC 0.1%

Value $1.912M (+21.7%) Shares 146,411 (+6.5%) Est. Cost $8.45 Unrealized +58.0%

NTRA NATERA INC 4.1%

Value $76.94M (+0.4%) Shares 384,713 (+15.0%) Est. Cost $69.01 Unrealized +227.3%

SSII SS INNOVATIONS INTERNATIONAL 0.0%

Value $551K (+28.7%) Shares 110,157 (+46.2%) Est. Cost $6.24 Unrealized -23.2%

PLRX PLIANT THERAPEUTICS INC 0.1%

Value $1.123M (+9.3%) Shares 891,425 (+5.9%) Est. Cost $1.51 Unrealized -17.7%

NVCR NOVOCURE LTD 0.1%

Value $1.471M (-6.0%) Shares 134,917 (+11.5%) Est. Cost $12.81 Unrealized -1.9%

INMD INMODE LTD 0.0%

Value $927K (+1.9%) Shares 67,744 (+9.4%) Est. Cost $14.72 Unrealized +0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BKD	BROOKDALE SR LIVING INC	3,568,555 (+851.8%)	$48.82M (+1106.7%)	2.6%	$13.43	+3.1%	COM	112463104
SPY	STATE STR SPDR S&P 500 ETF T	107,000 (+138.3%)	$69.59M (+127.3%)	3.7%	—	—	PUT	78462F103
UTHR	UNITED THERAPEUTICS CORP DEL	264,271 (+4.6%)	$157M (+27.3%)	8.3%	$311.42	+54.3%	COM	91307C102
CLDX	CELLDEX THERAPEUTICS INC NEW	1,788,016 (+24.6%)	$56.72M (+45.5%)	3.0%	$28.75	-11.6%	COM NEW	15117B202
TLT	ISHARES TR	428,800 (+86.4%)	$37.17M (+85.4%)	2.0%	—	—	PUT	464287432
ABVX	ABIVAX SA	934,423 (+42.0%)	$104M (+17.3%)	5.5%	$105.10	—	SPONSORED ADS	00370M103
PODD	INSULET CORP	143,546 (+92.1%)	$30.12M (+41.8%)	1.6%	$289.72	-8.7%	COM	45784P101
LQDA	LIQUIDIA CORPORATION	677,392 (+33.0%)	$25.56M (+45.5%)	1.3%	$21.15	+79.3%	COM NEW	53635D202
EHC	ENCOMPASS HEALTH CORP	194,104 (+81.5%)	$18.78M (+65.4%)	1.0%	$109.96	-6.4%	COM	29261A100
BBNX	BETA BIONICS INC	1,414,838 (+108.6%)	$14.18M (-31.4%)	0.7%	$21.70	-21.2%	COM	08659B102
BMRN	BIOMARIN PHARMACEUTICAL INC	207,768 (+121.6%)	$11.74M (+110.7%)	0.6%	$58.03	+1.2%	COM	09061G101
LLY	ELI LILLY & CO	19,000 (+78.9%)	$17.48M (+53.1%)	0.9%	$995.91	+5.1%	COM	532457108
BCRX	BIOCRYST PHARMACEUTICALS INC	3,039,820 (+1.6%)	$28.94M (+24.0%)	1.5%	$7.69	-9.0%	COM	09058V103
IONS	IONIS PHARMACEUTICALS INC	632,100 (+17.4%)	$47.46M (+11.5%)	2.5%	$43.10	+89.8%	COM	462222100
GERN	GERON CORP	18,834,883 (+6.7%)	$28.06M (+20.4%)	1.5%	$1.36	+11.2%	COM	374163103
CTMX	CYTOMX THERAPEUTICS INC.	3,188,514 (+27.2%)	$14.99M (+40.3%)	0.8%	$4.10	+27.3%	COM	23284F105
ARDX	ARDELYX INC	2,229,446 (+30.0%)	$13.35M (+33.6%)	0.7%	$5.83	+21.4%	COM	039697107
IVVD	INVIVYD INC	2,276,349 (+6.4%)	$2.959M (-44.0%)	0.2%	$1.00	+97.6%	COM	00534A102
GPCR	STRUCTURE THERAPEUTICS INC	138,036 (+8.2%)	$6.653M (-25.0%)	0.4%	$25.53	—	SPONSORED ADS	86366E106
ALEC	ALECTOR INC	1,351,106 (+34.3%)	$2.905M (+85.1%)	0.2%	$1.87	+1.8%	COM	014442107
PNTG	PENNANT GROUP INC	312,178 (+6.2%)	$9.515M (+15.0%)	0.5%	$26.90	+11.4%	COM	70805E109
EHAB	ENHABIT INC	227,451 (+4.1%)	$3.205M (+59.1%)	0.2%	$8.75	+25.1%	COM	29332G102
SVRA	SAVARA INC	384,264 (+125.8%)	$2.098M (+104.4%)	0.1%	$5.34	+6.6%	COM	805111101
ARQT	ARCUTIS BIOTHERAPEUTICS INC	576,580 (+32.7%)	$13.58M (+7.6%)	0.7%	$24.01	+11.9%	COM	03969K108
CYH	COMMUNITY HEALTH SYS INC NEW	8,677,281 (+9.2%)	$25.51M (+2.9%)	1.3%	$3.83	-14.3%	COM	203668108
ENGN	ENGENE HOLDINGS INC	510,543 (+12.0%)	$3.477M (-15.5%)	0.2%	$8.19	+18.0%	COM	29286M105
PASG	PASSAGE BIO INC	131,581 (+4.2%)	$1.033M (-30.7%)	0.1%	$8.77	+36.6%	COM NEW	702712209
QQQ	INVESCO QQQ TR	238,700 (+6.1%)	$138M (-0.3%)	7.3%	—	—	PUT	46090E103
WHWK	WHITEHAWK THERAPEUTICS INC	306,800 (+17.9%)	$1.058M (+68.1%)	0.1%	$2.37	+18.8%	COM	00032Q104
BCYC	BICYCLE THERAPEUTICS PLC	190,715 (+6.6%)	$885K (-30.1%)	0.0%	$6.81	—	SPONSORED ADS	088786108
CTNM	CONTINEUM THERAPEUTICS INC	146,411 (+6.5%)	$1.912M (+21.7%)	0.1%	$8.45	+58.0%	CL A	21217B100
NTRA	NATERA INC	384,713 (+15.0%)	$76.94M (+0.4%)	4.1%	$69.01	+227.3%	COM	632307104
SSII	SS INNOVATIONS INTERNATIONAL	110,157 (+46.2%)	$551K (+28.7%)	0.0%	$6.24	-23.2%	COM NEW	05453U203
PLRX	PLIANT THERAPEUTICS INC	891,425 (+5.9%)	$1.123M (+9.3%)	0.1%	$1.51	-17.7%	COM	729139105
NVCR	NOVOCURE LTD	134,917 (+11.5%)	$1.471M (-6.0%)	0.1%	$12.81	-1.9%	ORD SHS	G6674U108
INMD	INMODE LTD	67,744 (+9.4%)	$927K (+1.9%)	0.0%	$14.72	+0.0%	SHS	M5425M103

Exited Positions (31)

DHR DANAHER CORPORATION 2.2%

Value $42.64M Shares 186,262 Est. Cost $207.58 Unrealized +8.2%

EXAS EXACT SCIENCES CORP 1.3%

Value $24.54M Shares 241,678 Est. Cost $80.31 Unrealized +27.8%

— CIDARA THERAPEUTICS INC 1.1%

Value $21.81M Shares 98,721 Est. Cost $220.89 Unrealized —

TEVA TEVA PHARMACEUTICAL INDS LTD 1.1%

Value $20.6M Shares 660,177 Est. Cost $11.54 Unrealized —

UNH UNITEDHEALTH GROUP INC 1.1%

Value $20.09M Shares 60,862 Est. Cost $372.42 Unrealized -17.1%

BIIB BIOGEN INC 0.7%

Value $13.72M Shares 77,944 Est. Cost $144.64 Unrealized +26.7%

SEM SELECT MED HLDGS CORP 0.7%

Value $13.46M Shares 906,100 Est. Cost $14.10 Unrealized +8.8%

CGON CG ONCOLOGY INC 0.7%

Value $12.81M Shares 308,466 Est. Cost $41.38 Unrealized +26.7%

BMY BRISTOL-MYERS SQUIBB CO 0.7%

Value $12.69M Shares 235,293 Est. Cost $47.53 Unrealized +20.8%

ELV ELEVANCE HEALTH INC FORMERLY 0.6%

Value $10.58M Shares 30,195 Est. Cost $361.42 Unrealized -2.7%

MNKD MANNKIND CORP 0.6%

Value $10.5M Shares 1,852,563 Est. Cost $4.23 Unrealized +31.6%

ASND ASCENDIS PHARMA A/S 0.5%

Value $10.29M Shares 48,241 Est. Cost $213.24 Unrealized —

ILMN ILLUMINA INC 0.5%

Value $10.06M Shares 76,721 Est. Cost $81.16 Unrealized +66.9%

— DYNAVAX TECHNOLOGIES CORP 0.5%

Value $9.32M Shares 605,976 Est. Cost $9.92 Unrealized —

EWTX EDGEWISE THERAPEUTICS INC 0.4%

Value $8.371M Shares 337,340 Est. Cost $14.37 Unrealized +96.1%

CPRX CATALYST PHARMACEUTICALS INC 0.4%

Value $8.36M Shares 358,168 Est. Cost $20.60 Unrealized +15.8%

HUM HUMANA INC 0.4%

Value $8.314M Shares 32,462 Est. Cost $288.31 Unrealized -22.5%

REGN REGENERON PHARMACEUTICALS 0.4%

Value $7.794M Shares 10,097 Est. Cost $557.81 Unrealized +37.9%

CVS CVS HEALTH CORP 0.3%

Value $5.055M Shares 63,696 Est. Cost $78.67 Unrealized -0.9%

ACAD ACADIA PHARMACEUTICALS INC 0.2%

Value $4.717M Shares 176,594 Est. Cost $23.67 Unrealized +6.5%

PTGX PROTAGONIST THERAPEUTICS INC 0.2%

Value $4.626M Shares 52,961 Est. Cost $81.85 Unrealized +1.8%

ZBIO ZENAS BIOPHARMA INC 0.2%

Value $4.394M Shares 121,016 Est. Cost $11.75 Unrealized +86.3%

NHC NATIONAL HEALTHCARE CORP 0.2%

Value $3.918M Shares 28,577 Est. Cost $129.17 Unrealized +14.4%

FTRE FORTREA HLDGS INC 0.2%

Value $3.866M Shares 224,139 Est. Cost $23.26 Unrealized -36.5%

MRVI MARAVAI LIFESCIENCES HLDGS I 0.1%

Value $2.335M Shares 718,582 Est. Cost $3.60 Unrealized -3.7%

EOLS EVOLUS INC 0.1%

Value $2.288M Shares 344,104 Est. Cost $9.73 Unrealized -49.7%

RAPP RAPPORT THERAPEUTICS INC 0.1%

Value $1.797M Shares 59,233 Est. Cost $17.84 Unrealized +56.0%

BHVN BIOHAVEN LTD 0.1%

Value $1.642M Shares 145,431 Est. Cost $12.39 Unrealized -5.1%

QURE UNIQURE NV 0.1%

Value $1.503M Shares 62,820 Est. Cost $18.16 Unrealized +29.7%

NVAX NOVAVAX INC 0.1%

Value $1.218M Shares 181,220 Est. Cost $7.78 Unrealized +11.0%

CBLL CERIBELL INC 0.0%

Value $375K Shares 17,094 Est. Cost $13.49 Unrealized +56.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DHR	DANAHER CORPORATION	186,262	$42.64M	2.2%	$207.58	+8.2%	—	235851102
EXAS	EXACT SCIENCES CORP	241,678	$24.54M	1.3%	$80.31	+27.8%	—	30063P105
—	CIDARA THERAPEUTICS INC	98,721	$21.81M	1.1%	$220.89	—	—	171757206
TEVA	TEVA PHARMACEUTICAL INDS LTD	660,177	$20.6M	1.1%	$11.54	—	—	881624209
UNH	UNITEDHEALTH GROUP INC	60,862	$20.09M	1.1%	$372.42	-17.1%	—	91324P102
BIIB	BIOGEN INC	77,944	$13.72M	0.7%	$144.64	+26.7%	—	09062X103
SEM	SELECT MED HLDGS CORP	906,100	$13.46M	0.7%	$14.10	+8.8%	—	81619Q105
CGON	CG ONCOLOGY INC	308,466	$12.81M	0.7%	$41.38	+26.7%	—	156944100
BMY	BRISTOL-MYERS SQUIBB CO	235,293	$12.69M	0.7%	$47.53	+20.8%	—	110122108
ELV	ELEVANCE HEALTH INC FORMERLY	30,195	$10.58M	0.6%	$361.42	-2.7%	—	036752103
MNKD	MANNKIND CORP	1,852,563	$10.5M	0.6%	$4.23	+31.6%	—	56400P706
ASND	ASCENDIS PHARMA A/S	48,241	$10.29M	0.5%	$213.24	—	—	04351P101
ILMN	ILLUMINA INC	76,721	$10.06M	0.5%	$81.16	+66.9%	—	452327109
—	DYNAVAX TECHNOLOGIES CORP	605,976	$9.32M	0.5%	$9.92	—	—	268158201
EWTX	EDGEWISE THERAPEUTICS INC	337,340	$8.371M	0.4%	$14.37	+96.1%	—	28036F105
CPRX	CATALYST PHARMACEUTICALS INC	358,168	$8.36M	0.4%	$20.60	+15.8%	—	14888U101
HUM	HUMANA INC	32,462	$8.314M	0.4%	$288.31	-22.5%	—	444859102
REGN	REGENERON PHARMACEUTICALS	10,097	$7.794M	0.4%	$557.81	+37.9%	—	75886F107
CVS	CVS HEALTH CORP	63,696	$5.055M	0.3%	$78.67	-0.9%	—	126650100
ACAD	ACADIA PHARMACEUTICALS INC	176,594	$4.717M	0.2%	$23.67	+6.5%	—	004225108
PTGX	PROTAGONIST THERAPEUTICS INC	52,961	$4.626M	0.2%	$81.85	+1.8%	—	74366E102
ZBIO	ZENAS BIOPHARMA INC	121,016	$4.394M	0.2%	$11.75	+86.3%	—	98937L105
NHC	NATIONAL HEALTHCARE CORP	28,577	$3.918M	0.2%	$129.17	+14.4%	—	635906100
FTRE	FORTREA HLDGS INC	224,139	$3.866M	0.2%	$23.26	-36.5%	—	34965K107
MRVI	MARAVAI LIFESCIENCES HLDGS I	718,582	$2.335M	0.1%	$3.60	-3.7%	—	56600D107
EOLS	EVOLUS INC	344,104	$2.288M	0.1%	$9.73	-49.7%	—	30052C107
RAPP	RAPPORT THERAPEUTICS INC	59,233	$1.797M	0.1%	$17.84	+56.0%	—	75383L102
BHVN	BIOHAVEN LTD	145,431	$1.642M	0.1%	$12.39	-5.1%	—	G1110E107
QURE	UNIQURE NV	62,820	$1.503M	0.1%	$18.16	+29.7%	—	N90064101
NVAX	NOVAVAX INC	181,220	$1.218M	0.1%	$7.78	+11.0%	—	670002401
CBLL	CERIBELL INC	17,094	$375K	0.0%	$13.49	+56.4%	—	15678C102

Decreased Positions (35)

VERA VERA THERAPEUTICS INC 4.6%

Value $87.43M (-43.8%) Shares 2,173,286 (-29.3%) Est. Cost $20.14 Unrealized +123.4%

VRDN VIRIDIAN THERAPEUTICS INC 0.7%

Value $13.95M (-74.8%) Shares 713,269 (-60.0%) Est. Cost $15.72 Unrealized +96.2%

GSK GSK PLC 5.2%

Value $98.52M (-25.0%) Shares 1,785,175 (-33.4%) Est. Cost $37.90 Unrealized —

BRKR BRUKER CORP 0.2%

Value $4.227M (-88.6%) Shares 117,013 (-85.1%) Est. Cost $47.59 Unrealized -4.6%

TVTX TRAVERE THERAPEUTICS INC 0.9%

Value $16.12M (-64.1%) Shares 542,610 (-53.8%) Est. Cost $14.70 Unrealized +111.0%

TECH BIO-TECHNE CORP 0.3%

Value $6.579M (-70.4%) Shares 125,896 (-66.6%) Est. Cost $62.76 Unrealized +2.1%

AVTR AVANTOR INC 1.2%

Value $23.32M (-35.9%) Shares 2,974,287 (-6.4%) Est. Cost $12.90 Unrealized -14.7%

HQY HEALTHEQUITY INC 0.2%

Value $4.313M (-74.7%) Shares 51,614 (-72.2%) Est. Cost $89.18 Unrealized -6.8%

GKOS GLAUKOS CORP 0.3%

Value $6.483M (-61.1%) Shares 60,214 (-59.2%) Est. Cost $95.54 Unrealized +21.5%

ICLR ICON PLC 0.4%

Value $7.601M (-56.5%) Shares 68,688 (-28.3%) Est. Cost $164.77 Unrealized -5.1%

CNC CENTENE CORP DEL 0.2%

Value $3.655M (-72.6%) Shares 111,652 (-65.5%) Est. Cost $56.32 Unrealized -23.0%

ESPR ESPERION THERAPEUTICS INC NE 0.3%

Value $4.757M (-66.6%) Shares 1,735,963 (-54.9%) Est. Cost $3.23 Unrealized +5.7%

RVTY REVVITY INC 0.4%

Value $7.434M (-52.8%) Shares 84,854 (-47.9%) Est. Cost $100.69 Unrealized +4.1%

XBI SPDR SERIES TRUST 0.2%

Value $3.832M (-68.4%) Shares 30,000 (-69.8%) Est. Cost — Unrealized —

HCA HCA HEALTHCARE INC 2.0%

Value $37.49M (-16.2%) Shares 79,229 (-17.4%) Est. Cost $305.18 Unrealized +63.2%

TYRA TYRA BIOSCIENCES INC 0.1%

Value $1.036M (-85.9%) Shares 27,055 (-90.3%) Est. Cost $11.55 Unrealized +161.9%

RARE ULTRAGENYX PHARMACEUTICAL IN 0.1%

Value $1.311M (-82.0%) Shares 62,575 (-80.3%) Est. Cost $32.88 Unrealized -29.0%

NAMS NEWAMSTERDAM PHARMA COMPANY 0.5%

Value $9.147M (-38.0%) Shares 285,764 (-32.1%) Est. Cost $16.33 Unrealized +106.7%

ISRG INTUITIVE SURGICAL INC 0.3%

Value $5.126M (-49.9%) Shares 11,119 (-38.4%) Est. Cost $490.44 Unrealized +6.2%

ANAB ANAPTYSBIO INC 0.1%

Value $1.502M (-74.4%) Shares 27,089 (-77.6%) Est. Cost $38.98 Unrealized +26.6%

ASMB ASSEMBLY BIOSCIENCES INC 0.1%

Value $1.135M (-79.1%) Shares 40,889 (-74.4%) Est. Cost $32.21 Unrealized -11.5%

PALI PALISADE BIO INC 0.5%

Value $8.728M (-31.1%) Shares 4,987,499 (-7.5%) Est. Cost $1.92 Unrealized -7.2%

MOH MOLINA HEALTHCARE INC 0.2%

Value $4.374M (-44.6%) Shares 32,811 (-27.8%) Est. Cost $193.05 Unrealized -12.6%

XENE XENON PHARMACEUTICALS INC 0.4%

Value $7.535M (-27.3%) Shares 129,574 (-44.0%) Est. Cost $42.00 Unrealized -0.0%

SNDX SYNDAX PHARMACEUTICALS INC 3.6%

Value $67.41M (-3.2%) Shares 2,885,622 (-12.9%) Est. Cost $14.55 Unrealized +42.6%

BVS BIOVENTUS INC 0.1%

Value $1.453M (-58.6%) Shares 159,110 (-66.2%) Est. Cost $6.96 Unrealized +16.3%

SPRY ARS PHARMACEUTICALS INC 0.1%

Value $1.094M (-62.7%) Shares 136,235 (-45.9%) Est. Cost $14.35 Unrealized -28.7%

PCVX VAXCYTE INC 2.8%

Value $53.7M (-2.8%) Shares 924,193 (-22.8%) Est. Cost $53.03 Unrealized -0.5%

RLAY RELAY THERAPEUTICS INC 0.1%

Value $2.694M (-34.9%) Shares 270,705 (-44.7%) Est. Cost $3.06 Unrealized +171.3%

PHVS PHARVARIS N V 0.6%

Value $11.5M (-5.7%) Shares 406,960 (-7.3%) Est. Cost $24.09 Unrealized +11.0%

SRZN SURROZEN INC 0.1%

Value $1.708M (-20.7%) Shares 58,624 (-38.5%) Est. Cost $11.58 Unrealized +92.0%

STRO SUTRO BIOPHARMA INC 0.1%

Value $1.822M (-18.6%) Shares 73,161 (-62.2%) Est. Cost $9.49 Unrealized +58.9%

AVR ANTERIS TECHNOLOGIES GLOBAL 0.1%

Value $2.227M (-10.8%) Shares 401,187 (-19.8%) Est. Cost $3.92 Unrealized +42.4%

AMRN AMARIN CORP PLC 0.1%

Value $2.136M (-11.1%) Shares 147,715 (-14.2%) Est. Cost $16.16 Unrealized —

MRNA MODERNA INC 0.4%

Value $8.113M (+2.7%) Shares 159,708 (-40.4%) Est. Cost $27.17 Unrealized +58.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VERA	VERA THERAPEUTICS INC	2,173,286 (-29.3%)	$87.43M (-43.8%)	4.6%	$20.14	+123.4%	CL A	92337R101
VRDN	VIRIDIAN THERAPEUTICS INC	713,269 (-60.0%)	$13.95M (-74.8%)	0.7%	$15.72	+96.2%	COM	92790C104
GSK	GSK PLC	1,785,175 (-33.4%)	$98.52M (-25.0%)	5.2%	$37.90	—	SPONSORED ADR	37733W204
BRKR	BRUKER CORP	117,013 (-85.1%)	$4.227M (-88.6%)	0.2%	$47.59	-4.6%	COM	116794108
TVTX	TRAVERE THERAPEUTICS INC	542,610 (-53.8%)	$16.12M (-64.1%)	0.9%	$14.70	+111.0%	COM	89422G107
TECH	BIO-TECHNE CORP	125,896 (-66.6%)	$6.579M (-70.4%)	0.3%	$62.76	+2.1%	COM	09073M104
AVTR	AVANTOR INC	2,974,287 (-6.4%)	$23.32M (-35.9%)	1.2%	$12.90	-14.7%	COM	05352A100
HQY	HEALTHEQUITY INC	51,614 (-72.2%)	$4.313M (-74.7%)	0.2%	$89.18	-6.8%	COM	42226A107
GKOS	GLAUKOS CORP	60,214 (-59.2%)	$6.483M (-61.1%)	0.3%	$95.54	+21.5%	COM	377322102
ICLR	ICON PLC	68,688 (-28.3%)	$7.601M (-56.5%)	0.4%	$164.77	-5.1%	SHS	G4705A100
CNC	CENTENE CORP DEL	111,652 (-65.5%)	$3.655M (-72.6%)	0.2%	$56.32	-23.0%	COM	15135B101
ESPR	ESPERION THERAPEUTICS INC NE	1,735,963 (-54.9%)	$4.757M (-66.6%)	0.3%	$3.23	+5.7%	COM	29664W105
RVTY	REVVITY INC	84,854 (-47.9%)	$7.434M (-52.8%)	0.4%	$100.69	+4.1%	COM	714046109
XBI	SPDR SERIES TRUST	30,000 (-69.8%)	$3.832M (-68.4%)	0.2%	—	—	PUT	78464A870
HCA	HCA HEALTHCARE INC	79,229 (-17.4%)	$37.49M (-16.2%)	2.0%	$305.18	+63.2%	COM	40412C101
TYRA	TYRA BIOSCIENCES INC	27,055 (-90.3%)	$1.036M (-85.9%)	0.1%	$11.55	+161.9%	COM	90240B106
RARE	ULTRAGENYX PHARMACEUTICAL IN	62,575 (-80.3%)	$1.311M (-82.0%)	0.1%	$32.88	-29.0%	COM	90400D108
NAMS	NEWAMSTERDAM PHARMA COMPANY	285,764 (-32.1%)	$9.147M (-38.0%)	0.5%	$16.33	+106.7%	ORDINARY SHARES	N62509109
ISRG	INTUITIVE SURGICAL INC	11,119 (-38.4%)	$5.126M (-49.9%)	0.3%	$490.44	+6.2%	COM NEW	46120E602
ANAB	ANAPTYSBIO INC	27,089 (-77.6%)	$1.502M (-74.4%)	0.1%	$38.98	+26.6%	COM	032724106
ASMB	ASSEMBLY BIOSCIENCES INC	40,889 (-74.4%)	$1.135M (-79.1%)	0.1%	$32.21	-11.5%	COM NEW	045396207
PALI	PALISADE BIO INC	4,987,499 (-7.5%)	$8.728M (-31.1%)	0.5%	$1.92	-7.2%	COM	696389402
MOH	MOLINA HEALTHCARE INC	32,811 (-27.8%)	$4.374M (-44.6%)	0.2%	$193.05	-12.6%	COM	60855R100
XENE	XENON PHARMACEUTICALS INC	129,574 (-44.0%)	$7.535M (-27.3%)	0.4%	$42.00	-0.0%	COM	98420N105
SNDX	SYNDAX PHARMACEUTICALS INC	2,885,622 (-12.9%)	$67.41M (-3.2%)	3.6%	$14.55	+42.6%	COM	87164F105
BVS	BIOVENTUS INC	159,110 (-66.2%)	$1.453M (-58.6%)	0.1%	$6.96	+16.3%	COM CL A	09075A108
SPRY	ARS PHARMACEUTICALS INC	136,235 (-45.9%)	$1.094M (-62.7%)	0.1%	$14.35	-28.7%	COM	82835W108
PCVX	VAXCYTE INC	924,193 (-22.8%)	$53.7M (-2.8%)	2.8%	$53.03	-0.5%	COM	92243G108
RLAY	RELAY THERAPEUTICS INC	270,705 (-44.7%)	$2.694M (-34.9%)	0.1%	$3.06	+171.3%	COM	75943R102
PHVS	PHARVARIS N V	406,960 (-7.3%)	$11.5M (-5.7%)	0.6%	$24.09	+11.0%	COM	N69605108
SRZN	SURROZEN INC	58,624 (-38.5%)	$1.708M (-20.7%)	0.1%	$11.58	+92.0%	COM NEW	86889P208
STRO	SUTRO BIOPHARMA INC	73,161 (-62.2%)	$1.822M (-18.6%)	0.1%	$9.49	+58.9%	COM SHS	869367201
AVR	ANTERIS TECHNOLOGIES GLOBAL	401,187 (-19.8%)	$2.227M (-10.8%)	0.1%	$3.92	+42.4%	COM	03675P102
AMRN	AMARIN CORP PLC	147,715 (-14.2%)	$2.136M (-11.1%)	0.1%	$16.16	—	SPONSORED ADR	023111404
MRNA	MODERNA INC	159,708 (-40.4%)	$8.113M (+2.7%)	0.4%	$27.17	+58.1%	COM	60770K107

Unchanged Positions (5)

EHTH EHEALTH INC 0.0%

Value $285K Shares 220,915 Est. Cost $6.39 Unrealized -55.7%

SLQT SELECTQUOTE INC 0.0%

Value $225K Shares 357,661 Est. Cost $1.67 Unrealized -24.1%

IFRX INFLARX NV 0.1%

Value $1.573M Shares 1,758,573 Est. Cost $2.38 Unrealized -60.0%

EDIT EDITAS MEDICINE INC 0.0%

Value $719K Shares 290,919 Est. Cost $2.89 Unrealized -31.0%

RVP RETRACTABLE TECHNOLOGIES INC 0.0%

Value $384K Shares 580,919 Est. Cost $0.80 Unrealized -12.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EHTH	EHEALTH INC	220,915	$285K	0.0%	$6.39	-55.7%	COM	28238P109
SLQT	SELECTQUOTE INC	357,661	$225K	0.0%	$1.67	-24.1%	COM	816307300
IFRX	INFLARX NV	1,758,573	$1.573M	0.1%	$2.38	-60.0%	COM	N44821101
EDIT	EDITAS MEDICINE INC	290,919	$719K	0.0%	$2.89	-31.0%	COM	28106W103
RVP	RETRACTABLE TECHNOLOGIES INC	580,919	$384K	0.0%	$0.80	-12.0%	COM	76129W105