First Light Asset Management, LLC

Q1 2014 13F-HR Holdings

Location
Bloomington, MN
Holdings as of
3/31/2014
Date filed
5/15/2014
Form type
13F-HR
Num holdings
70
Total value ($000)
$141,168
Net value change ($000)
+23,222 (19.7%)
New positions
9
Sold out positions
5
Turnover %
29.1%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
IGI LABS INC 6,406 NEW
HBIO 4,557 NEW
ENZO BIOCHEM INC 4,383 NEW
Oxford Immunotec Global PLC 3,519 NEW
TECHNE CORP 2,896 NEW
SPECTRUM PHARMACEUTICALS INC 2,738 NEW
SPECTRANETICS CORP COM 2,262 38.0%
NXSTAGE MEDICAL INC 2,238 NEW
LGND 1,551 48.9%
Novadaq Technologies 1,505 53.7%
Top Reduces (Value $000, Stocks/ETFs)
TEARLAB CORP COM -4,753 -100.0%
VOLCANO CORP -3,313 -100.0%
*ACCELRYS INC -2,988 -100.0%
ATRC -2,543 -22.7%
ARTHROCARE CORP -1,771 -100.0%
LANNETT CO INC -1,074 -23.1%
STKL -617 -16.8%
ENDO PHARMACEUTICALS HLDGS -616 -100.0%
CLDX -469 -16.7%
VIVUS INC -194 -21.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type