We can draw on our understanding of the types of decisions that those investors are making and the types of assets that they're making across different hedge fund strategies. We don't actually look at the filings we look at the returns which is really important because it's still after the fact isn't it? The interesting thing is that sort of the industry wide level or hedge fund style level they don't move that fast you know the shift say from being very into growth stocks and tech stocks to being more positioned in value stocks really transitioned over a 12-18 month period.

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