Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CTRE	CARETRUST REIT INC	1,072,015	$43.26M	2.2%	—	—	COM	14174T107
UNH	UNITEDHEALTH GROUP INC	51,145	$21.26M	1.1%	—	—	COM	91324P102
COGT	COGENT BIOSCIENCES INC	490,235	$18.97M	1.0%	—	—	COM	19240Q201
INSM	INSMED INC	149,209	$15.91M	0.8%	—	—	COM PAR $.01	457669307
AMN	AMN HEALTHCARE SVCS INC	428,531	$13.87M	0.7%	—	—	COM	001744101
CELC	CELCUITY INC	127,931	$13.38M	0.7%	—	—	COM	15102K100
HUM	HUMANA INC	31,171	$12.38M	0.6%	—	—	COM	444859102
CRVS	CORVUS PHARMACEUTICALS INC	747,994	$11.18M	0.6%	—	—	COM	221015100
ASND	ASCENDIS PHARMA A/S	41,621	$11.1M	0.6%	—	—	ORD SHS	K08588103
MLYS	MINERALYS THERAPEUTICS INC	309,689	$8.355M	0.4%	—	—	COM	603170101
NVO	NOVO-NORDISK A S	169,227	$8.113M	0.4%	—	—	ADR	670100205
BHVN	BIOHAVEN LTD	515,804	$7.675M	0.4%	—	—	COM	G1110E107
PTGX	PROTAGONIST THERAPEUTICS INC	58,504	$7.171M	0.4%	—	—	COM	74366E102
ELVN	ENLIVEN THERAPEUTICS INC	136,631	$6.934M	0.4%	—	—	COM	29337E102
BEAM	BEAM THERAPEUTICS INC	166,289	$5.707M	0.3%	—	—	COM	07373V105
NHI	NATIONAL HEALTH INVS INC	70,673	$5.39M	0.3%	—	—	COM	63633D104
PACS	PACS GROUP INC	117,441	$5.008M	0.3%	—	—	COM SHS	69380Q107
NHC	NATIONAL HEALTHCARE CORP	22,116	$4.674M	0.2%	—	—	COM	635906100
EYPT	EYEPOINT INC	297,735	$4.258M	0.2%	—	—	COM NEW	30233G209
TARS	TARSUS PHARMACEUTICALS INC	55,710	$3.506M	0.2%	—	—	COM	87650L103
VOR	VOR BIOPHARMA INC	149,681	$2.756M	0.1%	—	—	COM NEW	929033207
DSGN	DESIGN THERAPEUTICS INC	190,000	$2.749M	0.1%	—	—	COM	25056L103
SPRB	SPRUCE BIOSCIENCES INC	40,000	$2.16M	0.1%	—	—	COM NEW	85209E208
PRQR	PROQR THRAPEUTICS N V	1,022,265	$1.901M	0.1%	—	—	SHS EURO	N71542109
RVMD	REVOLUTION MEDICINES INC	6,943	$1.3M	0.1%	—	—	COM	76155X100
HELP	CYBIN INC	146,403	$968K	0.1%	—	—	COM NEW	23256X407
ODTX	ODYSSEY THERAPEUTICS INC	49,658	$929K	0.0%	—	—	COMMON STOCK	67613T104
ENGN	ENGENE THERAPEUTICS INC	469,584	$812K	0.0%	—	—	COM	29286X101
ATAI	ATAIBECKLEY INC	102,430	$540K	0.0%	—	—	COM SHS	04650F101
AKBA	AKEBIA THREAPEUTICS INC	427,095	$487K	0.0%	—	—	COM	00972D105
GHRS	GH RESEARCH PLC	8,672	$233K	0.0%	—	—	ORDINARY SHARES	G3855L106
AVTX	AVALO THERAPEUTICS INC	10,000	$185K	0.0%	—	—	COM NEW	05338F306

Increased Positions (40)

ENSG ENSIGN GROUP INC 5.0%

Value $96.51M (+3144.9%) Shares 602,079 (+3978.8%) Est. Cost — Unrealized —

EHC ENCOMPASS HEALTH CORP 5.4%

Value $104M (+452.8%) Shares 1,026,919 (+429.1%) Est. Cost — Unrealized —

TVTX TRAVERE THERAPEUTICS INC 2.4%

Value $45.39M (+181.6%) Shares 798,973 (+47.2%) Est. Cost — Unrealized —

THC TENET HEALTHCARE CORP 1.1%

Value $21.36M (+283.6%) Shares 114,199 (+287.0%) Est. Cost — Unrealized —

VKTX VIKING THERAPEUTICS INC 1.2%

Value $23.52M (+202.3%) Shares 602,922 (+152.2%) Est. Cost — Unrealized —

MOH MOLINA HEALTHCARE INC 1.0%

Value $18.43M (+321.4%) Shares 80,594 (+145.6%) Est. Cost — Unrealized —

CHE CHEMED CORP NEW 1.3%

Value $24.46M (+108.5%) Shares 52,523 (+69.1%) Est. Cost — Unrealized —

VERA VERA THERAPEUTICS INC 4.9%

Value $94.95M (+8.6%) Shares 2,212,770 (+1.8%) Est. Cost — Unrealized —

PNTG PENNANT GROUP INC 0.9%

Value $17.01M (+78.7%) Shares 460,272 (+47.4%) Est. Cost — Unrealized —

PODD INSULET CORP 1.2%

Value $22.66M (-24.8%) Shares 148,816 (+3.7%) Est. Cost — Unrealized —

DFTX DEFINIUM THERAPEUTICS INC 0.5%

Value $10.22M (+236.3%) Shares 217,185 (+35.1%) Est. Cost — Unrealized —

BRKR BRUKER CORP 0.6%

Value $11.01M (+160.4%) Shares 182,894 (+56.3%) Est. Cost — Unrealized —

LLY ELI LILLY & CO 1.3%

Value $24.13M (+38.1%) Shares 20,116 (+5.9%) Est. Cost — Unrealized —

RLAY RELAY THERAPEUTICS INC 0.4%

Value $8.126M (+201.7%) Shares 434,314 (+60.4%) Est. Cost — Unrealized —

IONS IONIS PHARMACEUTICALS INC 2.7%

Value $52.7M (+11.0%) Shares 664,684 (+5.2%) Est. Cost — Unrealized —

INSM INSMED INC 0.5%

Value $10.3M (-33.0%) Shares 96,600 (+2.8%) Est. Cost — Unrealized —

XENE XENON PHARMACEUTICALS INC 0.6%

Value $11.86M (+57.4%) Shares 196,532 (+51.7%) Est. Cost — Unrealized —

LTC LTC PPTYS INC 0.8%

Value $16.17M (+35.6%) Shares 420,640 (+31.0%) Est. Cost — Unrealized —

REPL REPLIMUNE GROUP INC 0.3%

Value $6.534M (+155.1%) Shares 590,252 (+76.3%) Est. Cost — Unrealized —

GPCR STRUCTURE THERAPEUTICS INC 0.5%

Value $10.54M (+58.3%) Shares 196,302 (+42.2%) Est. Cost — Unrealized —

RARE ULTRAGENYX PHARMACEUTICAL IN 0.3%

Value $5.146M (+292.6%) Shares 154,130 (+146.3%) Est. Cost — Unrealized —

LBRX LB PHARMACEUTICALS INC 0.3%

Value $5.961M (+141.2%) Shares 183,663 (+83.3%) Est. Cost — Unrealized —

SNDA SONIDA SENIOR LIVING INC 0.2%

Value $4.187M (+356.6%) Shares 102,624 (+260.9%) Est. Cost — Unrealized —

ANAB ANAPTYSBIO INC 0.2%

Value $4.724M (+214.4%) Shares 69,983 (+158.3%) Est. Cost — Unrealized —

BMRN BIOMARIN PHARMACEUTICAL INC 0.7%

Value $14.28M (+21.7%) Shares 249,607 (+20.1%) Est. Cost — Unrealized —

SPRY ARS PHARMACEUTICALS INC 0.2%

Value $3.02M (+176.0%) Shares 377,007 (+176.7%) Est. Cost — Unrealized —

EQ EQUILLIUM INC 0.3%

Value $4.867M (+62.3%) Shares 1,520,824 (+1.5%) Est. Cost — Unrealized —

GRCE GRACE THERAPEUTICS INC 0.1%

Value $1.754M (-49.9%) Shares 772,900 (+2.2%) Est. Cost — Unrealized —

CTMX CYTOMX THERAPEUTICS INC. 0.7%

Value $13.34M (-11.0%) Shares 3,558,497 (+11.6%) Est. Cost — Unrealized —

VRDN VIRIDIAN THERAPEUTICS INC 0.8%

Value $15.27M (+9.4%) Shares 831,142 (+16.5%) Est. Cost — Unrealized —

XBI SPDR SERIES TRUST 0.3%

Value $4.906M (+28.0%) Shares 31,000 (+3.3%) Est. Cost — Unrealized —

EVMN EVOMMUNE INC 0.1%

Value $2.319M (+84.4%) Shares 174,460 (+219.1%) Est. Cost — Unrealized —

UTHR UNITED THERAPEUTICS CORP DEL 8.1%

Value $156M (-0.5%) Shares 287,668 (+8.9%) Est. Cost — Unrealized —

HCA HCA HEALTHCARE INC 2.0%

Value $38.31M (+2.2%) Shares 98,252 (+24.0%) Est. Cost — Unrealized —

EDIT EDITAS MEDICINE INC 0.1%

Value $1.487M (+106.9%) Shares 458,809 (+57.7%) Est. Cost — Unrealized —

ANRO ALTO NEUROSCIENCE INC 0.2%

Value $3.385M (+20.3%) Shares 128,286 (+2.5%) Est. Cost — Unrealized —

CTNM CONTINEUM THERAPEUTICS INC 0.1%

Value $2.426M (+26.9%) Shares 148,017 (+1.1%) Est. Cost — Unrealized —

UHS UNIVERSAL HLTH SVCS INC 0.1%

Value $2.795M (-14.2%) Shares 18,800 (+3.3%) Est. Cost — Unrealized —

EHTH EHEALTH INC 0.0%

Value $603K (+111.7%) Shares 404,854 (+83.3%) Est. Cost — Unrealized —

ALEC ALECTOR INC 0.1%

Value $2.862M (-1.5%) Shares 1,423,873 (+5.4%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ENSG	ENSIGN GROUP INC	602,079 (+3978.8%)	$96.51M (+3144.9%)	5.0%	—	—	COM	29358P101
EHC	ENCOMPASS HEALTH CORP	1,026,919 (+429.1%)	$104M (+452.8%)	5.4%	—	—	COM	29261A100
TVTX	TRAVERE THERAPEUTICS INC	798,973 (+47.2%)	$45.39M (+181.6%)	2.4%	—	—	COM	89422G107
THC	TENET HEALTHCARE CORP	114,199 (+287.0%)	$21.36M (+283.6%)	1.1%	—	—	COM NEW	88033G407
VKTX	VIKING THERAPEUTICS INC	602,922 (+152.2%)	$23.52M (+202.3%)	1.2%	—	—	COM	92686J106
MOH	MOLINA HEALTHCARE INC	80,594 (+145.6%)	$18.43M (+321.4%)	1.0%	—	—	COM	60855R100
CHE	CHEMED CORP NEW	52,523 (+69.1%)	$24.46M (+108.5%)	1.3%	—	—	COM	16359R103
VERA	VERA THERAPEUTICS INC	2,212,770 (+1.8%)	$94.95M (+8.6%)	4.9%	—	—	CL A	92337R101
PNTG	PENNANT GROUP INC	460,272 (+47.4%)	$17.01M (+78.7%)	0.9%	—	—	COM	70805E109
PODD	INSULET CORP	148,816 (+3.7%)	$22.66M (-24.8%)	1.2%	—	—	COM	45784P101
DFTX	DEFINIUM THERAPEUTICS INC	217,185 (+35.1%)	$10.22M (+236.3%)	0.5%	—	—	COM SHS	24477V105
BRKR	BRUKER CORP	182,894 (+56.3%)	$11.01M (+160.4%)	0.6%	—	—	COM	116794108
LLY	ELI LILLY & CO	20,116 (+5.9%)	$24.13M (+38.1%)	1.3%	—	—	COM	532457108
RLAY	RELAY THERAPEUTICS INC	434,314 (+60.4%)	$8.126M (+201.7%)	0.4%	—	—	COM	75943R102
IONS	IONIS PHARMACEUTICALS INC	664,684 (+5.2%)	$52.7M (+11.0%)	2.7%	—	—	COM	462222100
INSM	INSMED INC	96,600 (+2.8%)	$10.3M (-33.0%)	0.5%	—	—	CALL	457669307
XENE	XENON PHARMACEUTICALS INC	196,532 (+51.7%)	$11.86M (+57.4%)	0.6%	—	—	COM	98420N105
LTC	LTC PPTYS INC	420,640 (+31.0%)	$16.17M (+35.6%)	0.8%	—	—	COM	502175102
REPL	REPLIMUNE GROUP INC	590,252 (+76.3%)	$6.534M (+155.1%)	0.3%	—	—	COM	76029N106
GPCR	STRUCTURE THERAPEUTICS INC	196,302 (+42.2%)	$10.54M (+58.3%)	0.5%	—	—	SPONSORED ADS	86366E106
RARE	ULTRAGENYX PHARMACEUTICAL IN	154,130 (+146.3%)	$5.146M (+292.6%)	0.3%	—	—	COM	90400D108
LBRX	LB PHARMACEUTICALS INC	183,663 (+83.3%)	$5.961M (+141.2%)	0.3%	—	—	COM SHS	50180M108
SNDA	SONIDA SENIOR LIVING INC	102,624 (+260.9%)	$4.187M (+356.6%)	0.2%	—	—	COM	140475203
ANAB	ANAPTYSBIO INC	69,983 (+158.3%)	$4.724M (+214.4%)	0.2%	—	—	COM	032724106
BMRN	BIOMARIN PHARMACEUTICAL INC	249,607 (+20.1%)	$14.28M (+21.7%)	0.7%	—	—	COM	09061G101
SPRY	ARS PHARMACEUTICALS INC	377,007 (+176.7%)	$3.02M (+176.0%)	0.2%	—	—	COM	82835W108
EQ	EQUILLIUM INC	1,520,824 (+1.5%)	$4.867M (+62.3%)	0.3%	—	—	COM	29446K106
GRCE	GRACE THERAPEUTICS INC	772,900 (+2.2%)	$1.754M (-49.9%)	0.1%	—	—	COM	00439U104
CTMX	CYTOMX THERAPEUTICS INC.	3,558,497 (+11.6%)	$13.34M (-11.0%)	0.7%	—	—	COM	23284F105
VRDN	VIRIDIAN THERAPEUTICS INC	831,142 (+16.5%)	$15.27M (+9.4%)	0.8%	—	—	COM	92790C104
XBI	SPDR SERIES TRUST	31,000 (+3.3%)	$4.906M (+28.0%)	0.3%	—	—	PUT	78464A870
EVMN	EVOMMUNE INC	174,460 (+219.1%)	$2.319M (+84.4%)	0.1%	—	—	COM SHS	30054Y107
UTHR	UNITED THERAPEUTICS CORP DEL	287,668 (+8.9%)	$156M (-0.5%)	8.1%	—	—	COM	91307C102
HCA	HCA HEALTHCARE INC	98,252 (+24.0%)	$38.31M (+2.2%)	2.0%	—	—	COM	40412C101
EDIT	EDITAS MEDICINE INC	458,809 (+57.7%)	$1.487M (+106.9%)	0.1%	—	—	COM	28106W103
ANRO	ALTO NEUROSCIENCE INC	128,286 (+2.5%)	$3.385M (+20.3%)	0.2%	—	—	COM SHS	02157Q109
CTNM	CONTINEUM THERAPEUTICS INC	148,017 (+1.1%)	$2.426M (+26.9%)	0.1%	—	—	CL A	21217B100
UHS	UNIVERSAL HLTH SVCS INC	18,800 (+3.3%)	$2.795M (-14.2%)	0.1%	—	—	PUT	913903100
EHTH	EHEALTH INC	404,854 (+83.3%)	$603K (+111.7%)	0.0%	—	—	COM	28238P109
ALEC	ALECTOR INC	1,423,873 (+5.4%)	$2.862M (-1.5%)	0.1%	—	—	COM	014442107

Exited Positions (32)

SPY STATE STR SPDR S&P 500 ETF T 3.6%

Value $69.59M Shares 107,000 Est. Cost — Unrealized —

VRTX VERTEX PHARMACEUTICALS INC 2.1%

Value $40.19M Shares 90,000 Est. Cost — Unrealized —

TLT ISHARES TR 1.9%

Value $37.17M Shares 428,800 Est. Cost — Unrealized —

DOC HEALTHPEAK PROPERTIES INC 1.7%

Value $32.55M Shares 1,981,070 Est. Cost — Unrealized —

AVTR AVANTOR INC 1.2%

Value $23.32M Shares 2,974,287 Est. Cost — Unrealized —

QGEN QIAGEN NV 1.1%

Value $21.84M Shares 545,330 Est. Cost — Unrealized —

HYG ISHARES TR 0.7%

Value $14.32M Shares 180,000 Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 0.6%

Value $10.82M Shares 40,000 Est. Cost — Unrealized —

IWM ISHARES TR 0.5%

Value $9.92M Shares 40,000 Est. Cost — Unrealized —

XLK SELECT SECTOR SPDR TR 0.5%

Value $9.303M Shares 70,000 Est. Cost — Unrealized —

ICLR ICON PLC 0.4%

Value $7.601M Shares 68,688 Est. Cost — Unrealized —

AGIO AGIOS PHARMACEUTICALS INC 0.4%

Value $6.766M Shares 200,000 Est. Cost — Unrealized —

MDGL MADRIGAL PHARMACEUTICALS INC 0.3%

Value $5.235M Shares 10,000 Est. Cost — Unrealized —

PRAX PRAXIS PRECISION MEDICINES I 0.2%

Value $4.768M Shares 14,800 Est. Cost — Unrealized —

ESPR ESPERION THERAPEUTICS INC NE 0.2%

Value $4.757M Shares 1,735,963 Est. Cost — Unrealized —

HQY HEALTHEQUITY INC 0.2%

Value $4.313M Shares 51,614 Est. Cost — Unrealized —

DAWN DAY ONE BIOPHARMACEUTICALS I 0.2%

Value $3.943M Shares 183,902 Est. Cost — Unrealized —

CNC CENTENE CORP DEL 0.2%

Value $3.655M Shares 111,652 Est. Cost — Unrealized —

ENGN ENGENE HOLDINGS INC 0.2%

Value $3.477M Shares 510,543 Est. Cost — Unrealized —

EHAB ENHABIT INC 0.2%

Value $3.205M Shares 227,451 Est. Cost — Unrealized —

XLE SELECT SECTOR SPDR TR 0.2%

Value $3.063M Shares 50,000 Est. Cost — Unrealized —

STRO SUTRO BIOPHARMA INC 0.1%

Value $1.822M Shares 73,161 Est. Cost — Unrealized —

NVCR NOVOCURE LTD 0.1%

Value $1.471M Shares 134,917 Est. Cost — Unrealized —

BVS BIOVENTUS INC 0.1%

Value $1.453M Shares 159,110 Est. Cost — Unrealized —

IMCR IMMUNOCORE HLDGS PLC 0.1%

Value $1.183M Shares 39,238 Est. Cost — Unrealized —

TYRA TYRA BIOSCIENCES INC 0.1%

Value $1.036M Shares 27,055 Est. Cost — Unrealized —

PASG PASSAGE BIO INC 0.1%

Value $1.033M Shares 131,581 Est. Cost — Unrealized —

DHC DIVERSIFIED HEALTHCARE TR 0.1%

Value $1.005M Shares 151,283 Est. Cost — Unrealized —

INMD INMODE LTD 0.0%

Value $927K Shares 67,744 Est. Cost — Unrealized —

REPL REPLIMUNE GROUP INC 0.0%

Value $398K Shares 52,000 Est. Cost — Unrealized —

AIRS AIRSCULPT TECHNOLOGIES INC 0.0%

Value $210K Shares 74,139 Est. Cost — Unrealized —

KPTI KARYOPHARM THERAPEUTICS INC 0.0%

Value $133K Shares 23,800 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	107,000	$69.59M	3.6%	—	—	PUT	78462F103
VRTX	VERTEX PHARMACEUTICALS INC	90,000	$40.19M	2.1%	—	—	CALL	92532F100
TLT	ISHARES TR	428,800	$37.17M	1.9%	—	—	PUT	464287432
DOC	HEALTHPEAK PROPERTIES INC	1,981,070	$32.55M	1.7%	—	—	—	42250P103
AVTR	AVANTOR INC	2,974,287	$23.32M	1.2%	—	—	—	05352A100
QGEN	QIAGEN NV	545,330	$21.84M	1.1%	—	—	—	N72482156
HYG	ISHARES TR	180,000	$14.32M	0.7%	—	—	PUT	464288513
UNH	UNITEDHEALTH GROUP INC	40,000	$10.82M	0.6%	—	—	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
ICLR	ICON PLC	68,688	$7.601M	0.4%	—	—	—	G4705A100
AGIO	AGIOS PHARMACEUTICALS INC	200,000	$6.766M	0.4%	—	—	—	00847X104
MDGL	MADRIGAL PHARMACEUTICALS INC	10,000	$5.235M	0.3%	—	—	—	558868105
PRAX	PRAXIS PRECISION MEDICINES I	14,800	$4.768M	0.2%	—	—	PUT	74006W207
ESPR	ESPERION THERAPEUTICS INC NE	1,735,963	$4.757M	0.2%	—	—	—	29664W105
HQY	HEALTHEQUITY INC	51,614	$4.313M	0.2%	—	—	—	42226A107
DAWN	DAY ONE BIOPHARMACEUTICALS I	183,902	$3.943M	0.2%	—	—	—	23954D109
CNC	CENTENE CORP DEL	111,652	$3.655M	0.2%	—	—	—	15135B101
ENGN	ENGENE HOLDINGS INC	510,543	$3.477M	0.2%	—	—	—	29286M105
EHAB	ENHABIT INC	227,451	$3.205M	0.2%	—	—	—	29332G102
XLE	SELECT SECTOR SPDR TR	50,000	$3.063M	0.2%	—	—	CALL	81369Y506
STRO	SUTRO BIOPHARMA INC	73,161	$1.822M	0.1%	—	—	—	869367201
NVCR	NOVOCURE LTD	134,917	$1.471M	0.1%	—	—	—	G6674U108
BVS	BIOVENTUS INC	159,110	$1.453M	0.1%	—	—	—	09075A108
IMCR	IMMUNOCORE HLDGS PLC	39,238	$1.183M	0.1%	—	—	—	45258D105
TYRA	TYRA BIOSCIENCES INC	27,055	$1.036M	0.1%	—	—	—	90240B106
PASG	PASSAGE BIO INC	131,581	$1.033M	0.1%	—	—	—	702712209
DHC	DIVERSIFIED HEALTHCARE TR	151,283	$1.005M	0.1%	—	—	—	25525P107
INMD	INMODE LTD	67,744	$927K	0.0%	—	—	—	M5425M103
REPL	REPLIMUNE GROUP INC	52,000	$398K	0.0%	—	—	CALL	76029N106
AIRS	AIRSCULPT TECHNOLOGIES INC	74,139	$210K	0.0%	—	—	—	009496100
KPTI	KARYOPHARM THERAPEUTICS INC	23,800	$133K	0.0%	—	—	CALL	48576U205

Decreased Positions (38)

GSK GSK PLC 1.3%

Value $25.26M (-74.4%) Shares 481,833 (-73.0%) Est. Cost — Unrealized —

QQQ INVESCO QQQ TR 3.8%

Value $72.61M (-47.3%) Shares 98,600 (-58.7%) Est. Cost — Unrealized —

NTRA NATERA INC 2.5%

Value $47.72M (-38.0%) Shares 175,807 (-54.3%) Est. Cost — Unrealized —

ABVX ABIVAX SA 6.3%

Value $122M (+17.0%) Shares 913,880 (-2.2%) Est. Cost — Unrealized —

PCVX VAXCYTE INC 1.9%

Value $36.62M (-31.8%) Shares 629,952 (-31.8%) Est. Cost — Unrealized —

QGEN QIAGEN NV 0.1%

Value $2.663M (-86.0%) Shares 68,100 (-85.7%) Est. Cost — Unrealized —

WELL WELLTOWER INC 1.0%

Value $19.82M (-44.6%) Shares 87,312 (-51.7%) Est. Cost — Unrealized —

RGEN REPLIGEN CORP 0.1%

Value $1.965M (-86.2%) Shares 14,401 (-88.1%) Est. Cost — Unrealized —

BCRX BIOCRYST PHARMACEUTICALS INC 1.0%

Value $18.66M (-35.5%) Shares 1,865,653 (-38.6%) Est. Cost — Unrealized —

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.2%

Value $3.549M (-73.9%) Shares 135,355 (-76.5%) Est. Cost — Unrealized —

LQDA LIQUIDIA CORPORATION 1.8%

Value $34.18M (+33.7%) Shares 428,652 (-36.7%) Est. Cost — Unrealized —

SNDX SYNDAX PHARMACEUTICALS INC 3.2%

Value $61.17M (-9.3%) Shares 2,798,210 (-3.0%) Est. Cost — Unrealized —

BKD BROOKDALE SR LIVING INC 2.8%

Value $54.65M (+11.9%) Shares 3,396,470 (-4.8%) Est. Cost — Unrealized —

BBNX BETA BIONICS INC 1.0%

Value $19.58M (+38.1%) Shares 1,249,441 (-11.7%) Est. Cost — Unrealized —

TECH BIO-TECHNE CORP 0.1%

Value $1.364M (-79.3%) Shares 19,308 (-84.7%) Est. Cost — Unrealized —

ARDX ARDELYX INC 0.4%

Value $8.56M (-35.9%) Shares 1,678,345 (-24.7%) Est. Cost — Unrealized —

AGL AGILON HEALTH INC 0.2%

Value $4.051M (+190.0%) Shares 37,792 (-78.6%) Est. Cost — Unrealized —

OHI OMEGA HEALTHCARE INVS INC 1.2%

Value $23.06M (-10.2%) Shares 483,547 (-17.4%) Est. Cost — Unrealized —

MRNA MODERNA INC 0.6%

Value $10.65M (+31.3%) Shares 152,122 (-4.7%) Est. Cost — Unrealized —

GKOS GLAUKOS CORP 0.2%

Value $4.101M (-36.7%) Shares 29,343 (-51.3%) Est. Cost — Unrealized —

ISRG INTUITIVE SURGICAL INC 0.1%

Value $2.88M (-43.8%) Shares 7,241 (-34.9%) Est. Cost — Unrealized —

RVTY REVVITY INC 0.5%

Value $9.304M (+25.2%) Shares 83,624 (-1.4%) Est. Cost — Unrealized —

PHVS PHARVARIS N V 0.7%

Value $13.36M (+16.2%) Shares 386,383 (-5.1%) Est. Cost — Unrealized —

IFRX INFLARX NV 0.2%

Value $2.921M (+85.7%) Shares 1,304,069 (-25.8%) Est. Cost — Unrealized —

RLMD RELMADA THERAPEUTICS INC 0.0%

Value $645K (-66.7%) Shares 93,192 (-66.5%) Est. Cost — Unrealized —

IVVD INVIVYD INC 0.1%

Value $1.952M (-34.1%) Shares 2,237,015 (-1.7%) Est. Cost — Unrealized —

SVRA SAVARA INC 0.1%

Value $1.259M (-40.0%) Shares 204,428 (-46.8%) Est. Cost — Unrealized —

CYH COMMUNITY HEALTH SYS INC NEW 1.4%

Value $26.27M (+3.0%) Shares 7,864,575 (-9.4%) Est. Cost — Unrealized —

ASMB ASSEMBLY BIOSCIENCES INC 0.0%

Value $454K (-60.0%) Shares 16,510 (-59.6%) Est. Cost — Unrealized —

VIR VIR BIOTECHNOLOGY INC 0.1%

Value $1.596M (-28.7%) Shares 156,636 (-37.3%) Est. Cost — Unrealized —

AVR ANTERIS TECHNOLOGIES GLOBAL 0.1%

Value $1.637M (-26.5%) Shares 166,229 (-58.6%) Est. Cost — Unrealized —

SRZN SURROZEN INC 0.1%

Value $1.24M (-27.4%) Shares 47,777 (-18.5%) Est. Cost — Unrealized —

PMVP PMV PHARMACEUTICALS INC 0.1%

Value $2.534M (-13.0%) Shares 1,890,904 (-19.5%) Est. Cost — Unrealized —

WHWK WHITEHAWK THERAPEUTICS INC 0.1%

Value $1.389M (+31.2%) Shares 303,306 (-1.1%) Est. Cost — Unrealized —

NAMS NEWAMSTERDAM PHARMA COMPANY 0.5%

Value $9.336M (+2.1%) Shares 275,471 (-3.6%) Est. Cost — Unrealized —

AMRN AMARIN CORP PLC 0.1%

Value $2.316M (+8.4%) Shares 145,296 (-1.6%) Est. Cost — Unrealized —

SLQT SELECTQUOTE INC 0.0%

Value $269K (+19.5%) Shares 319,788 (-10.6%) Est. Cost — Unrealized —

PALI PALISADE BIO INC 0.5%

Value $8.742M (+0.2%) Shares 4,182,785 (-16.1%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GSK	GSK PLC	481,833 (-73.0%)	$25.26M (-74.4%)	1.3%	—	—	SPONSORED ADR	37733W204
QQQ	INVESCO QQQ TR	98,600 (-58.7%)	$72.61M (-47.3%)	3.8%	—	—	PUT	46090E103
NTRA	NATERA INC	175,807 (-54.3%)	$47.72M (-38.0%)	2.5%	—	—	COM	632307104
ABVX	ABIVAX SA	913,880 (-2.2%)	$122M (+17.0%)	6.3%	—	—	SPONSORED ADS	00370M103
PCVX	VAXCYTE INC	629,952 (-31.8%)	$36.62M (-31.8%)	1.9%	—	—	COM	92243G108
QGEN	QIAGEN NV	68,100 (-85.7%)	$2.663M (-86.0%)	0.1%	—	—	CALL	N72482156
WELL	WELLTOWER INC	87,312 (-51.7%)	$19.82M (-44.6%)	1.0%	—	—	COM	95040Q104
RGEN	REPLIGEN CORP	14,401 (-88.1%)	$1.965M (-86.2%)	0.1%	—	—	COM	759916109
BCRX	BIOCRYST PHARMACEUTICALS INC	1,865,653 (-38.6%)	$18.66M (-35.5%)	1.0%	—	—	COM	09058V103
ARQT	ARCUTIS BIOTHERAPEUTICS INC	135,355 (-76.5%)	$3.549M (-73.9%)	0.2%	—	—	COM	03969K108
LQDA	LIQUIDIA CORPORATION	428,652 (-36.7%)	$34.18M (+33.7%)	1.8%	—	—	COM NEW	53635D202
SNDX	SYNDAX PHARMACEUTICALS INC	2,798,210 (-3.0%)	$61.17M (-9.3%)	3.2%	—	—	COM	87164F105
BKD	BROOKDALE SR LIVING INC	3,396,470 (-4.8%)	$54.65M (+11.9%)	2.8%	—	—	COM	112463104
BBNX	BETA BIONICS INC	1,249,441 (-11.7%)	$19.58M (+38.1%)	1.0%	—	—	COM	08659B102
TECH	BIO-TECHNE CORP	19,308 (-84.7%)	$1.364M (-79.3%)	0.1%	—	—	COM	09073M104
ARDX	ARDELYX INC	1,678,345 (-24.7%)	$8.56M (-35.9%)	0.4%	—	—	COM	039697107
AGL	AGILON HEALTH INC	37,792 (-78.6%)	$4.051M (+190.0%)	0.2%	—	—	COM NEW	00857U206
OHI	OMEGA HEALTHCARE INVS INC	483,547 (-17.4%)	$23.06M (-10.2%)	1.2%	—	—	COM	681936100
MRNA	MODERNA INC	152,122 (-4.7%)	$10.65M (+31.3%)	0.6%	—	—	COM	60770K107
GKOS	GLAUKOS CORP	29,343 (-51.3%)	$4.101M (-36.7%)	0.2%	—	—	COM	377322102
ISRG	INTUITIVE SURGICAL INC	7,241 (-34.9%)	$2.88M (-43.8%)	0.1%	—	—	COM NEW	46120E602
RVTY	REVVITY INC	83,624 (-1.4%)	$9.304M (+25.2%)	0.5%	—	—	COM	714046109
PHVS	PHARVARIS N V	386,383 (-5.1%)	$13.36M (+16.2%)	0.7%	—	—	COM	N69605108
IFRX	INFLARX NV	1,304,069 (-25.8%)	$2.921M (+85.7%)	0.2%	—	—	COM	N44821101
RLMD	RELMADA THERAPEUTICS INC	93,192 (-66.5%)	$645K (-66.7%)	0.0%	—	—	COM	75955J402
IVVD	INVIVYD INC	2,237,015 (-1.7%)	$1.952M (-34.1%)	0.1%	—	—	COM	00534A102
SVRA	SAVARA INC	204,428 (-46.8%)	$1.259M (-40.0%)	0.1%	—	—	COM	805111101
CYH	COMMUNITY HEALTH SYS INC NEW	7,864,575 (-9.4%)	$26.27M (+3.0%)	1.4%	—	—	COM	203668108
ASMB	ASSEMBLY BIOSCIENCES INC	16,510 (-59.6%)	$454K (-60.0%)	0.0%	—	—	COM NEW	045396207
VIR	VIR BIOTECHNOLOGY INC	156,636 (-37.3%)	$1.596M (-28.7%)	0.1%	—	—	COM	92764N102
AVR	ANTERIS TECHNOLOGIES GLOBAL	166,229 (-58.6%)	$1.637M (-26.5%)	0.1%	—	—	COM	03675P102
SRZN	SURROZEN INC	47,777 (-18.5%)	$1.24M (-27.4%)	0.1%	—	—	COM NEW	86889P208
PMVP	PMV PHARMACEUTICALS INC	1,890,904 (-19.5%)	$2.534M (-13.0%)	0.1%	—	—	COM	69353Y103
WHWK	WHITEHAWK THERAPEUTICS INC	303,306 (-1.1%)	$1.389M (+31.2%)	0.1%	—	—	COM	00032Q104
NAMS	NEWAMSTERDAM PHARMA COMPANY	275,471 (-3.6%)	$9.336M (+2.1%)	0.5%	—	—	ORDINARY SHARES	N62509109
AMRN	AMARIN CORP PLC	145,296 (-1.6%)	$2.316M (+8.4%)	0.1%	—	—	SPONSORED ADR	023111404
SLQT	SELECTQUOTE INC	319,788 (-10.6%)	$269K (+19.5%)	0.0%	—	—	COM	816307300
PALI	PALISADE BIO INC	4,182,785 (-16.1%)	$8.742M (+0.2%)	0.5%	—	—	COM	696389402

Unchanged Positions (10)

CLDX CELLDEX THERAPEUTICS INC NEW 3.4%

Value $66.45M Shares 1,785,941 Est. Cost — Unrealized —

CMPS COMPASS PATHWAYS PLC 0.5%

Value $9.52M Shares 672,825 Est. Cost — Unrealized —

GERN GERON CORP 1.2%

Value $23.96M Shares 18,717,422 Est. Cost — Unrealized —

LPCN LIPOCINE INC NEW 0.0%

Value $755K Shares 294,989 Est. Cost — Unrealized —

KPTI KARYOPHARM THERAPEUTICS INC 0.1%

Value $2.698M Shares 276,174 Est. Cost — Unrealized —

INO INOVIO PHARMACEUTICALS INC 0.1%

Value $1.139M Shares 1,035,360 Est. Cost — Unrealized —

PLRX PLIANT THERAPEUTICS INC 0.1%

Value $1.016M Shares 891,425 Est. Cost — Unrealized —

SSII SS INNOVATIONS INTERNATIONAL 0.0%

Value $457K Shares 110,157 Est. Cost — Unrealized —

BCYC BICYCLE THERAPEUTICS PLC 0.0%

Value $809K Shares 190,715 Est. Cost — Unrealized —

RVP RETRACTABLE TECHNOLOGIES INC 0.0%

Value $418K Shares 580,919 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CLDX	CELLDEX THERAPEUTICS INC NEW	1,785,941	$66.45M	3.4%	—	—	COM NEW	15117B202
CMPS	COMPASS PATHWAYS PLC	672,825	$9.52M	0.5%	—	—	SPONSORED ADS	20451W101
GERN	GERON CORP	18,717,422	$23.96M	1.2%	—	—	COM	374163103
LPCN	LIPOCINE INC NEW	294,989	$755K	0.0%	—	—	COM NEW	53630X203
KPTI	KARYOPHARM THERAPEUTICS INC	276,174	$2.698M	0.1%	—	—	COM NEW	48576U205
INO	INOVIO PHARMACEUTICALS INC	1,035,360	$1.139M	0.1%	—	—	COM SHS	45773H409
PLRX	PLIANT THERAPEUTICS INC	891,425	$1.016M	0.1%	—	—	COM	729139105
SSII	SS INNOVATIONS INTERNATIONAL	110,157	$457K	0.0%	—	—	COM NEW	05453U203
BCYC	BICYCLE THERAPEUTICS PLC	190,715	$809K	0.0%	—	—	SPONSORED ADS	088786108
RVP	RETRACTABLE TECHNOLOGIES INC	580,919	$418K	0.0%	—	—	COM	76129W105