Bellevue (BLVGF) 13F-HR Quarterly holdings report by institutional manager

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
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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	70,627	976,451	SH		DFND	1	0	0	976,451
ABIOMED INC	COM	003654100	12,619	38,822	SH		DFND	1	0	0	38,822
ACADIA PHARMACEUTICALS INC	COM	004225108	1,549	95,800	SH		DFND	1	0	0	95,800
ACCELERON PHARMA INC	COM	00434H108	623	14,300	SH		DFND	1	0	0	14,300
ADAPTIMMUNE THERAPEUTICS PLC	SPONDS ADR	00653A107	754	131,135	SH		DFND	1	0	0	131,135
AFFIMED N V	COM	N01045108	529	170,000	SH		DFND	1	0	0	170,000
AKCEA THERAPEUTICS INC	COM	00972L107	13,813	458,296	SH		DFND	1	0	0	458,296
ALDER BIOPHARMACEUTICALS INC	COM	014339105	11,519	1,123,813	SH		DFND	1	0	0	1,123,813
ALEXION PHARMACEUTICALS INC	COM	015351109	15,157	155,680	SH		DFND	1	0	0	155,680
ALIGN TECHNOLOGY INC	COM	016255101	65,090	310,795	SH		DFND	1	0	0	310,795
ALLERGAN PLC	SHS	G0177J108	2,139	16,000	SH		DFND	1	0	0	16,000
ALNYLAM PHARMACEUTICALS INC	COM	02043Q107	16,360	224,385	SH		DFND	1	0	0	224,385
AMEDISYS INC	COM	023436108	2,952	25,204	SH		DFND	1	0	0	25,204
AMERISOURCEBERGEN CORP	COM	03073E105	18,359	246,762	SH		DFND	1	0	0	246,762
AMGEN INC	COM	031162100	8,750	44,950	SH		DFND	1	0	0	44,950
AMNEAL PHARMACEUTICALS INC	COM STK CL A	03168L105	1,285	95,000	SH		DFND	1	0	0	95,000
ANGIODYNAMICS INC	COM	03475V101	1,524	75,700	SH		DFND	1	0	0	75,700
ANTHEM INC	COM	036752103	61,103	232,660	SH		DFND	1	0	0	232,660
ARENA PHARMACEUTICALS INC	COM NEW	040047607	1,181	30,317	SH		DFND	1	0	0	30,317
ARGENX SE	SPONSORED ADR	04016X101	1,210	12,600	SH		DFND	1	0	0	12,600
BAXTER INTL INC	COM	071813109	16,754	254,543	SH		DFND	1	0	0	254,543
BECTON DICKINSON & CO	COM	075887109	27,460	121,872	SH		DFND	1	0	0	121,872
BEIGENE LTD	SPONSORED ADR	07725L102	11,726	83,600	SH		DFND	1	0	0	83,600
BIOGEN INC	COM	09062X103	7,598	25,250	SH		DFND	1	0	0	25,250
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	3,914	45,969	SH		DFND	1	0	0	45,969
BLUEBIRD BIO INC	COM	09609G100	1,280	12,900	SH		DFND	1	0	0	12,900
BOSTON SCIENTIFIC CORP	COM	101137107	37,350	1,056,889	SH		DFND	1	0	0	1,056,889
BRISTOL MYERS SQUIBB CO	COM	110122108	25,305	486,824	SH		DFND	1	0	0	486,824
CAREDX INC	COM	14167L103	13,487	536,488	SH		DFND	1	0	0	536,488
CASTLIGHT HEALTH INC	CL B	14862Q100	2,299	1,059,515	SH		DFND	1	0	0	1,059,515
CELGENE CORP	COM	151020104	42,146	657,601	SH		DFND	1	0	0	657,601
CELLECTIS S A	SPONSORED ADS	15117K103	778	46,750	SH		DFND	1	0	0	46,750
CENTENE CORP DEL	COM	15135B101	10,389	90,101	SH		DFND	1	0	0	90,101
CERNER CORP	COM	156782104	3,102	59,146	SH		DFND	1	0	0	59,146
CIGNA CORPORATION	COM	125509109	31,456	165,625	SH		DFND	1	0	0	165,625
COHERUS BIOSCIENCES INC	COM	19249H103	3,248	358,935	SH		DFND	1	0	0	358,935
COOPER COS INC	COM NEW	216648402	7,538	29,619	SH		DFND	1	0	0	29,619
CVS HEALTH CORP	COM	126650100	1,692	25,825	SH		DFND	1	0	0	25,825
DANAHER CORP DEL	COM	235851102	34,328	332,896	SH		DFND	1	0	0	332,896
DENTSPLY SIRONA INC	COM	24906P109	4,126	110,878	SH		DFND	1	0	0	110,878
DEXCOM INC	COM	252131107	9,321	77,808	SH		DFND	1	0	0	77,808
EDWARDS LIFESCIENCES CORP	COM	28176E108	24,170	157,797	SH		DFND	1	0	0	157,797
ENDO INTL PLC	SHS	G30401106	1,244	170,392	SH		DFND	1	0	0	170,392
ESPERION THERAPEUTICS INC NEW	COM	29664W105	20,791	451,972	SH		DFND	1	0	0	451,972
EVOLENT HEALTH INC	CL A	30050B101	903	45,270	SH		DFND	1	0	0	45,270
EXELIXIS INC	COM	30161Q104	1,849	94,000	SH		DFND	1	0	0	94,000
FIBROGEN INC	COM	31572Q808	1,481	32,000	SH		DFND	1	0	0	32,000
FITBIT INC	CL A	33812L102	15,998	3,218,884	SH		DFND	1	0	0	3,218,884
GENMARK DIAGNOSTICS INC	COM	372309104	9,718	1,999,540	SH		DFND	1	0	0	1,999,540
GILEAD SCIENCES INC	COM	375558103	7,694	123,000	SH		DFND	1	0	0	123,000
GLOBUS MED INC	CL A	379577208	6,623	153,031	SH		DFND	1	0	0	153,031
GUARDANT HEALTH INC	COM	40131M109	4,102	109,117	SH		DFND	1	0	0	109,117
GW PHARMACEUTICALS PLC	ADS	36197T103	626	6,429	SH		DFND	1	0	0	6,429
HCA HEALTHCARE INC	COM	40412C101	5,853	47,034	SH		DFND	1	0	0	47,034
HEALTHCARE SVCS GRP INC	COM	421906108	603	15,000	SH		DFND	1	0	0	15,000
SCHEIN HENRY INC	COM	806407102	4,033	51,368	SH		DFND	1	0	0	51,368
HILL ROM HLDGS INC	COM	431475102	18,153	205,008	SH		DFND	1	0	0	205,008
HMS HLDGS CORP	COM	40425J101	6,099	216,817	SH		DFND	1	0	0	216,817
HOLOGIC INC	COM	436440101	3,699	90,000	SH		DFND	1	0	0	90,000
HORIZON PHARMA PLC	SHS	G4617B105	3,292	168,500	SH		DFND	1	0	0	168,500
HUMANA INC	COM	444859102	22,535	78,660	SH		DFND	1	0	0	78,660
HUTCHISON CHINA MEDITECH LTD	SPONSORED ADR	44842L103	10,164	440,169	SH		DFND	1	0	0	440,169
IDEXX LABS INC	COM	45168D104	4,522	24,307	SH		DFND	1	0	0	24,307
ILLUMINA INC	COM	452327109	75,550	251,893	SH		DFND	1	0	0	251,893
INCYTE CORP	COM	45337C102	3,730	58,650	SH		DFND	1	0	0	58,650
INOGEN INC	COM	45780L104	4,134	33,292	SH		DFND	1	0	0	33,292
INSMED INC	COM PAR $.01	457669307	10,616	809,146	SH		DFND	1	0	0	809,146
INSPIRE MED SYS INC	COM	457730109	3,913	92,616	SH		DFND	1	0	0	92,616
INSULET CORP	COM	45784P101	1,428	18,000	SH		DFND	1	0	0	18,000
INTEGRA LIFESCIENCES HLDGS C	COM NEW	457985208	6,575	145,779	SH		DFND	1	0	0	145,779
INTELLIA THERAPEUTICS INC	COM	45826J105	216	15,834	SH		DFND	1	0	0	15,834
INTERCEPT PHARMACEUTICALS IN	COM	45845P108	2,333	23,148	SH		DFND	1	0	0	23,148
INTERSECT ENT INC	COM	46071F103	6,691	237,444	SH		DFND	1	0	0	237,444
INTRA CELLULAR THERAPIES INC	COM	46116X101	599	52,600	SH		DFND	1	0	0	52,600
INTUITIVE SURGICAL INC	COM NEW	46120E602	66,473	138,797	SH		DFND	1	0	0	138,797
IONIS PHARMACEUTICALS INC	COM	462222100	20,683	382,588	SH		DFND	1	0	0	382,588
IOVANCE BIOTHERAPEUTICS INC	COM	462260100	142	16,000	SH		DFND	1	0	0	16,000
IRHYTHM TECHNOLOGIES INC	COM	450056106	5,822	83,792	SH		DFND	1	0	0	83,792
IRONWOOD PHARMACEUTICALS INC	COM CL A	46333X108	793	76,500	SH		DFND	1	0	0	76,500
ISHARES TR NASDAQ BIOTECH	CALL	464287906	70,000	200	SH		DFND	1	0	0	200
JAZZ PHARMACEUTICALS PLC	SHS USD	G50871105	32,310	260,648	SH		DFND	1	0	0	260,648
JOHNSON & JOHNSON	COM	478160104	2,581	20,000	SH		DFND	1	0	0	20,000
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	821	6,500	SH		DFND	1	0	0	6,500
LIGAND PHARMACEUTICALS INC	COM NEW	53220K504	3,239	23,870	SH		DFND	1	0	0	23,870
LIVANOVA PLC	SHS	G5509L101	11,663	127,510	SH		DFND	1	0	0	127,510
LOXO ONCOLOGY INC	COM	548862101	1,205	8,600	SH		DFND	1	0	0	8,600
MACROGENICS INC	COM	556099109	13,551	1,066,993	SH		DFND	1	0	0	1,066,993
MASIMO CORP	COM	574795100	2,446	22,780	SH		DFND	1	0	0	22,780
MATERIALISE NV	SPONSORED ADS	57667T100	4,310	215,192	SH		DFND	1	0	0	215,192
MCKESSON CORP	COM	58155Q103	760	6,879	SH		DFND	1	0	0	6,879
MEDIDATA SOLUTIONS INC	COM	58471A105	3,318	49,211	SH		DFND	1	0	0	49,211
MEDTRONIC PLC	SHS	G5960L103	45,157	496,446	SH		DFND	1	0	0	496,446
MERCK & CO INC	COM	58933Y105	1,146	15,000	SH		DFND	1	0	0	15,000
MIRATI THERAPEUTICS INC	COM	60468T105	1,018	24,000	SH		DFND	1	0	0	24,000
MOLINA HEALTHCARE INC	COM	60855R100	6,437	55,384	SH		DFND	1	0	0	55,384
MYLAN N V	SHS EURO	N59465109	5,396	196,950	SH		DFND	1	0	0	196,950
MYRIAD GENETICS INC	COM	62855J104	927	31,900	SH		DFND	1	0	0	31,900
NEKTAR THERAPEUTICS	COM	640268108	8,586	261,210	SH		DFND	1	0	0	261,210
NEUROCRINE BIOSCIENCES INC	COM	64125C109	2,860	40,050	SH		DFND	1	0	0	40,050
NEURONETICS INC	COM	64131A105	3,200	165,400	SH		DFND	1	0	0	165,400
NEVRO CORP	COM	64157F103	3,167	81,438	SH		DFND	1	0	0	81,438
OMNICELL INC	COM	68213N109	6,616	108,042	SH		DFND	1	0	0	108,042
OXFORD IMMUNOTEC GLOBAL PLC	ORD SHS	G6855A103	3,918	306,606	SH		DFND	1	0	0	306,606
PENUMBRA INC	COM	70975L107	2,939	24,050	SH		DFND	1	0	0	24,050
PORTOLA PHARMACEUTICALS INC	COM	737010108	501	25,650	SH		DFND	1	0	0	25,650
PRA HEALTH SCIENCES INC	COM	69354M108	13,086	142,300	SH		DFND	1	0	0	142,300
PREMIER INC	CL A	74051N102	500	13,400	SH		DFND	1	0	0	13,400
PTC THERAPEUTICS INC	COM	69366J200	745	21,700	SH		DFND	1	0	0	21,700
QIAGEN NV	SHS NEW	N72482123	14,996	435,299	SH		DFND	1	0	0	435,299
QUANTERIX CORP	COM	74766Q101	5,235	285,907	SH		DFND	1	0	0	285,907
QUIDEL CORP	COM	74838J101	6,103	125,000	SH		DFND	1	0	0	125,000
QUOTIENT LTD	SHS	G73268107	5,102	833,619	SH		DFND	1	0	0	833,619
REGENERON PHARMACEUTICALS	COM	75886F107	5,677	15,200	SH		DFND	1	0	0	15,200
REGENXBIO INC	COM	75901B107	977	23,300	SH		DFND	1	0	0	23,300
RESMED INC	COM	761152107	6,307	55,392	SH		DFND	1	0	0	55,392
SAGE THERAPEUTICS INC	COM	78667J108	1,015	10,600	SH		DFND	1	0	0	10,600
SAREPTA THERAPEUTICS INC	COM	803607100	1,386	12,700	SH		DFND	1	0	0	12,700
SEATTLE GENETICS INC	COM	812578102	1,983	35,000	SH		DFND	1	0	0	35,000
STRYKER CORP	COM	863667101	23,643	150,834	SH		DFND	1	0	0	150,834
SUPERNUS PHARMACEUTICALS INC	COM	868459108	11,464	345,100	SH		DFND	1	0	0	345,100
TABULA RASA HEALTHCARE INC	COM	873379101	5,602	87,857	SH		DFND	1	0	0	87,857
TANDEM DIABETES CARE INC	COM NEW	875372203	3,769	99,253	SH		DFND	1	0	0	99,253
TELADOC HEALTH INC	COM	87918A105	53,230	1,073,839	SH		DFND	1	0	0	1,073,839
TELEFLEX INC	COM	879369106	5,104	19,748	SH		DFND	1	0	0	19,748
TEVA PHARMACEUTICAL INDS LTD	SPONSORED ADR	881624209	925	60,000	SH		DFND	1	0	0	60,000
THERMO FISHER SCIENTIFIC INC	COM	883556102	8,211	36,692	SH		DFND	1	0	0	36,692
ULTRAGENYX PHARMACEUTICAL INC	COM	90400D108	965	22,200	SH		DFND	1	0	0	22,200
UNITEDHEALTH GROUP INC	COM	91324P102	33,092	132,836	SH		DFND	1	0	0	132,836
UNIQURE NV	SHS	N90064101	288	10,000	SH		DFND	1	0	0	10,000
VARIAN MED SYS INC	COM	92220P105	354	3,122	SH		DFND	1	0	0	3,122
VEEVA SYS INC	CL A COM	922475108	3,402	38,092	SH		DFND	1	0	0	38,092
VERTEX PHARMACEUTICALS INC	COM	92532F100	19,007	114,700	SH		DFND	1	0	0	114,700
VOCERA COMMUNICATONS INC	COM	92857F107	1,297	32,950	SH		DFND	1	0	0	32,950
VOYAGER THERAPEUTICS INC	COM	92915B106	262	27,900	SH		DFND	1	0	0	27,900
WALGREENS BOOTS ALLIANCE INC	COM	931427108	15,224	222,802	SH		DFND	1	0	0	222,802
WELLCARE HEALTH PLANS INC	COM	94946T106	19,644	83,204	SH		DFND	1	0	0	83,204
WRIGHT MED GROUP NV	ORD SHS 0.03 PAR	N96617118	18,458	678,114	SH		DFND	1	0	0	678,114
ZIMMER BIOMET HLDGS INC	COM	98956P102	9,553	92,104	SH		DFND	1	0	0	92,104