These funds returned almost 25% in 2012 and 19.4% in 2013. S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. Try full digital access and see why over 1 million readers subscribe to the FT, Purchase a Trial subscription for $1 for 4 weeks, You will be billed $69 per month after the trial ends, Russian far-right fighter claims border stunt exposes Putins weakness, Something is boiling: Turkish football fans tackle Erdoan, Germany and Italy stall EU ban on combustion engines, Three-day weekends and more time for love: Chinas elite dream up policies for Xi, Germany seeks to buy Leopard tanks from Switzerland, Saudi owner of Londons most expensive house sued over alleged unpaid private jet bills, Why the Jeffrey Epstein scandal continues to haunt JPMorgan and Barclays, Harrods chief shrugs off recession fears because rich get richer. organisation The question springs to mind on account of an investment fund backed by Simons called Euclidean Ken Griffin's Citadel extended its winning streak with gains in January, weeks after ending 2022 with a $16 billion gain, the biggest profit ever earned by a hedge fund. Try full digital access and see why over 1 million readers subscribe to the FT, Purchase a Trial subscription for 1 for 4 weeks, You will be billed 65 per month after the trial ends, Russian far-right fighter claims border stunt exposes Putins weakness, Something is boiling: Turkish football fans tackle Erdoan, Germany and Italy stall EU ban on combustion engines, Three-day weekends and more time for love: Chinas elite dream up policies for Xi, Germany seeks to buy Leopard tanks from Switzerland, Saudi owner of Londons most expensive house sued over alleged unpaid private jet bills, Why the Jeffrey Epstein scandal continues to haunt JPMorgan and Barclays, Harrods chief shrugs off recession fears because rich get richer. or Citadel's flagship Wellington fund, which practices a multi-strategy array of investments on stocks, bonds, commodities and other securities using teams of traders, is up by 21.2% this year . Fund Name: Citadel Investment Group: Manager: Ken Griffin: Portfolio Value . The amount of income provided is also less than a fund which invests more heavily in bonds since bonds make up only one-third of the portfolio. # 1 Most profitable hedge fund manager of all time The hedge fund boosted its position by 115% in Q1. Volitility measures reflect the uncertainty or risk of change in a security`s value. Here are its Top 10 Stock Picks is originally published on Insider Monkey. The billionaire employs a market-neutral strategy at Citadel that thrived despite inflation being at a 40-year high and the Russian invasion of Ukraine, which decimated the broader market. Are you sure you want to rest your choices? Billionaire investor Ken Griffin's hedge fund wowed the industry with big outperformance in April, overcoming a brutal market rout and extreme volatility. Historically, broad market indices have outperformed hedge funds, so you may be better off investing in index funds instead. If you want fixed-income investments, these bond funds lead the list. The good news is, this powerful new force can help you make a lot of money even in a bear market. To invest in hedge funds, first research funds currently accepting new investors. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. In its Q4 2020 investor letter, Argosy Investors highlighted a few stocks and Fortive Corp (NYSE:FTV) was one of them. The firm also has offices in New York City, London, San Francisco, Hong Kong, Dallas, Dublin, Houston, Boston, Shanghai, Toronto, Raleigh and Greenwich, Connecticut. Disclosure: None. Alyson Velati. Citadel Advisors Minimum Account Size The minimum amount of investable assets required to invest in one of Citadel's funds is $10 million. Nicolai Tangens. Premium access for businesses and educational institutions. The Group identifies key risk exposures and performance drivers, monitors risk tolerance levels, fosters a strong risk management culture and refines the technology platform that provides the firm with robust analysis. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. The company is one of the major players in the global 5G market. Warren Buffetts Berkshire Hathaway is one of the biggest shareholders of the company, with 5.2 million shares worth $672.8 million. It was established on January 3rd, 2002 and began trading on February 11th, 2002. Humanas scale advantages and focus on senior care allow the company to make targeted investments in its members health, resulting in fewer unnecessary hospitalizations and lower chronic care costs. Johnson Controls International plc (NYSE:JCI)s dividend yield on July 8 came in at 2.96%. Average Retirement Savings: How Do You Compare? And it means its going to be harder than ever to hold onto any money you make. Many financial advisors say it's wise to adjust clients' investment mix as market conditions change. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. Performance information may have changed since the time of publication. One-Time Checkup with a Financial Advisor, While hedge funds are an option for institutional and high-net-worth investors, individuals without a high net worth may benefit from more traditional investment advisory services. On July 8, Barclays analyst Julian Mitchell maintained an Overweight rating on Fortive Corporation (NYSE:FTV) but lowered the price target on the shares to $68 from $74. The Portfolio Construction and Risk Group operates independently of our investment team and reports directly to the CEO. Ken Griffins Citadel Investment Group is one of the largest Wall Street hedge funds, with a Q1 portfolio worth $484.45 billion. In addition to Amazon.com, Inc. (NASDAQ:AMZN), AT&T Inc. (NYSE:T), and Booking Holdings Inc. (NASDAQ:BKNG), T-Mobile US, Inc. (NASDAQ:TMUS) is a notable stock in Ken Griffins Q1 portfolio. Hedge funds were always meant to be a supplement to a well-rounded asset allocation containing U.S. and international stocks and U.S. and international cash or cash equivalents, says Brewer. Citadel Advisors, LLC is a large hedge fundmanager located in Chicago with different advisory offices around the world. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. All are part of Welling Management, the funds subadvisor. Hedge funds are much riskier than most other investments. Shaw & Co . Here's how to determine which is best for you. Billionaire Cliff Asness Was Relentlessly Buying Meta Platforms (META) and These 9 Stocks in Q1Booking Holdings Inc. (NASDAQ:BKNG)Citadel's Wellington Fund Returned 17.5% This Year Here are its Top 10 Stock PicksDaily NewsletterDisney (DIS) and 9 Other Stocks Billionaire Phill Gross Was Buying Up in Q1Fortive Corporation (NYSE:FTV)HeadlineHumana Inc. (NYSE:HUM)Johnson Controls International Plc (NYSE:JCI)NASDAQ:BKNGNASDAQ:TMUSNYSE:FTVNYSE:HUMNYSE:JCIT-Mobile US Inc. (NASDAQ:TMUS)Tesla Inc (TSLA) and 9 Other Consumer Discretionary Stocks That Have Wowed Billionaire Philippe LaffontYahoo FinanceShow moreShow less, Despite Joe Bidens age, raging inflation, and his dismal 45% approval level. Join over 300,000 Finance professionals who already subscribe to the FT. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Our goal with investing should be to own the whole market and to grow our investments over time as those companies we own grow. You can find ETFs, mutual funds and funds of funds that use similar strategies to hedge funds, like short-selling or leveraged investing, says Brewer. This compensation comes from two main sources. Standard Digital includes access to a wealth of global news, analysis and expert opinion. The minimum investment in the Citadel Value Fund SICAV (class P shares) is EUR 10,000. Wellington and the two Kensington funds dynamically invest across all of Citadel's strategies, with a primary focus on liquid markets such as fundamental and systematic equities, as well as . Heres everything you need to know about investing in hedge funds. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. Griffin struck it rich. Commissions do not affect our editors' opinions or evaluations. Musk Made a Mess at Twitter. The market crashed in 1987, just as he was buying. Keep abreast of significant corporate, financial and political developments around the world. We support credit card, debit card and PayPal payments. You can find this form on their website or using the SECs Investment Adviser Public Disclosure database. According to Insider Monkeys Q1 data, 66 hedge funds were bullish on Humana Inc. (NYSE:HUM), with collective stakes exceeding $3 billion. I would like to receive free Advisor Practice Management Guides, the U.S. News Advisor Weekly newsletter, and occasional updates regarding the U.S. News Advisor Directory. U.S. News evaluated 718 Allocation--50% to 70% Equity Funds. Can Shell close the valuation gap with US rivals? Before it's here, it's on the Bloomberg Terminal. So, how did Warren Buffett manage to generate high returns and beat the market? Hedge fund Elliott Management Corp has built a "significant" stake in Japanese automotive battery component supplier Dai Nippon Printing Co Ltd (DNP) (7912.T), sources familiar with the matter told Reuters Hedge-fund giant Citadel made $16 billion for its investors last year, the largest annual gain ever made by a hedge-fund firm, according to research from LCH Investments. Activist investor Nelson Peltz's hedge fund Trian Fund Management wrote to Walt Disney Co (DIS.N) shareholders on Thursday to make the case for replacing the media and entertainment conglomerate's board Citadel founder donates $25 million to Nicklaus Childrens Hospital for a new wing to house operating rooms and family spaces. Of course, at that point, Griffin was trading options out of his dorm room between classes. Hedge funds are seen by some as an exclusive club that you have to qualify for, says Katie Brewer, CFP and president of Your Richest Life. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Most hedge funds would have closed its doors, but Griffin went to work. The interactive version of this map is only available on Desktop devices. Citadel's flagship multi-strategy Wellington fund has delivered annualised returns (after fees) of 19.1 per cent since its inception in 1990, according to information provided to the. They more often employ aggressive investment strategies, like leveraged, debt-based investing and short-selling, and they can purchase types of assets other funds cant invest in, like real estate, art and currency. Assets come from all economic. Citadel was also up across its global . By 2019, hedge funds were up again, returning 6.96% on average. Founded in 1990 by Kenneth C. Griffin, it has more than US$50 billion in assets under management as of May 2022. Citadel's Wellington fund was up 1.5% for the month ending October and up 30.7% year-to-date. The goal of hedge funds isnt to necessarily outperform the indices; instead, theyre designed to provide growth despite market conditions. In short, a powerful new economic force is quietly building behind Joe Biden and Im confident Biden can harness this forces inevitable wave, carrying him to a LANDSLIDE re-election win. Johnson Controls International plc (NYSE:JCI) is an American-Irish multinational firm that manufactures fire, HVAC, and security equipment. Warren Buffett took 25% of all returns in excess of 6 percent. Each fund determines your status using its own practices. This might not be a huge concern if hedge funds drastically outperformed the rest of the stock market, but this isnt generally the case. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. Best Parent Student Loans: Parent PLUS and Private. As a general rule, all funds look to mitigate risk as much as possible. Raymond James analyst Ric Prentiss on July 1 raised the price target on T-Mobile US, Inc. (NASDAQ:TMUS) to $160 from $158 and reaffirmed a Strong Buy rating on the shares. Bonds offset volatility from the fund's stock holdings but may also face interest-rate risk. Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Simply log into Settings & Account and select "Cancel" on the right-hand side. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. Hedge funds take on these riskier strategies to produce returns regardless of market conditions. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. [1] Typically, hedge funds charge an asset management fee that is 1% to 2% of the amount you have invested, plus a performance fee that is equal to 20% of the hedge funds profit. Check if your The Fund weathered tough market conditions by remaining true to its rock-solid fund principles formulated at its inception. By his senior year, Griffin had $1 million in investor money for the same strategy. Ken Griffin's hedge fund continued its strong performance in 2014, returning 3.4% through the end of January. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Technology is the lifeblood of our firm. Harris Associates is the largest shareholder of the company, with more than 3 million shares worth $1.3 billion. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Ken Griffins hedge fund raised its Booking Holdings Inc. (NASDAQ:BKNG) stake by 90% in the first quarter of 2022, holding 196,760 shares worth $462 million. Contact U.S. News Best Funds. Please try again later. Citadels Ken Griffin told New York City Mayor Eric Adams and other business leaders that public safety is the top priority, and that the city cant be attractive to companies if crime is an issue New details are emerging on hedge fund billionaire Ken Griffins planned office skyscraper in Midtown. (Video) House of Ken Griffin - The Story of Citadel | A Documentary (FINAiUS) LCH Investments NV - Citadel Ranked #1 of Top Hedge Fund Managers by Net Gains Since Inception as of 12/31/2022 2022 LinkedIn - Top Companies - The 50 Best Workplaces to Grow Your Career in the U.S. GlobalCapital - Hedge Fund of the Year LCH Investments NV - Citadel Ranked #2 of Top Hedge Fund Managers by Net Gains Since Inception as of 12/31/2021 The company operates multiple travel metasearch engines like Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Its flagship fund Wellington returned 24.4 per cent in 2020 more than twice the average hedge fund's gains and is up 6 per cent in the first three months of 2021, according to investors. That would have been 9.35% in hedge fund fees. Ken Griffins Citadel Investment Group owned 6.6 million shares of Fortive Corporation (NYSE:FTV) in Q1 2022, worth $404.2 million, representing 0.08% of the total 13F holdings. We still like this investment. offers FT membership to read for free. Citadel does not have anydisclosureslisted on itsForm ADV. We are one of the largest alternative investment managers in the commodities markets. Continuing to investing in index funds through years when the market is down (and hedge funds are supposed to shine) allows you to buy low and enjoy higher returns when the market recovers. While there are some research tools online, youll probably want the guidance of a financial advisor to locate potential hedge funds. Also, scroll over any city to learn about the cost of living in retirement for that location. With all catalysts in sight now nearing completion, and Johnson Controls now a better business for it with higher recurring revenues and lower capital intensity we decided to exit our investment to help fund the purchases of Xcel Energy and Atmos Energy., Citadel Investment Groups Stake Value: $385,360,000. The bad news is, this July 25th twist is also likely to make Biden and the progressives more powerful than ever. Your proximity to an office location does not impact your ability to invest in one of the firm's funds. university In the first quarter of 2022, Ken Griffins hedge fund increased its stake in Humana Inc. (NYSE:HUM) by 121%, holding 885,539 shares worth $385.36 million. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. It had $4.2 million in assets under management. In other words, being average is winning.. How do I update this listing? Citadel Investment Group has more than $50 billion in assets under management as of May 2022. Management owns just 1 percent of the fund. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. But those bets can lose.. Humana Inc. (NYSE:HUM) is an American health insurance company. In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. Here is what ClearBridge Investments Sustainability Leaders Strategy has to say about T-Mobile US, Inc. (NYSE:TMUS) in its Q4 2021 investor letter: As mentioned, the communication services sector has come under some pressure, and irrational pricing competition has negatively impacted wireless industry growth and profitability of late, weighing on T-Mobile. There are no guarantees that working with an adviser will yield positive returns. is what Aristotle Capital Management Value Equity has to say about Johnson Controls International plc (NYSE:JCI) in its Q1 2022 investor letter: According to Insider Monkeys Q1 data, 66 hedge funds were bullish on Humana Inc. (NYSE:HUM), with collective stakes exceeding $3 billion. Fidelity's low-cost mutual funds are excellent core holdings for beginner investors. Pooled Investment Fund CIK Number: 0001331308 Address: C/O CITADEL LTD PARTNERSHIP 131 SOUTH DEARBORN STREET 32ND FLOOR CHICAGO 60603 Phone number: 312-395-2100. The analyst reduced estimates across his coverage, citing higher gaps in the multi-industry demand. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. to see more advanced email alert options such as selecting any type of The minimum amount of investable assets required to invest in one of Citadel's funds is $10 million. west covina police scanner; private transportation from nassau airport to baha mar; what authority cannot issue a medical waiver for the physical readiness test; Sign Up. Hedge fund managers are motivated to be successful; they get paid a performance feewhich can be up to 20% of the funds profitsif the fund is profitable. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. The current minimum investment for Citadel Kensington Global Strategies Fund Ltd. is $10000000. Laundering toxic derivatives with immunity." These funds returned almost 25% in 2012 and 19.4% in 2013. . Citadel Investment Groups Stake Value: $385,359,000, Percentage of Citadel Investment Groups 13F Portfolio: 0.07%. The fund had been wildly successful until losing 55% during the financial crises; Citadel needed massive returns to recover from that hole. Wellington Management is one of the world's leading independent asset managers. The Citadel's Student Managed Investment Fund (SMIF) is a student-run investment fund with $1.5 million AUM. GQS is one of the most significant and fastest-growing quantitative trading teams in the industry. risks and opportunities. Citadel LLC (formerly known as Citadel Investment Group, LLC) is an American multinational hedge fund and financial services company. The firm also has no direct individual clients. The analyst remains unsure whether Humana Inc. (NYSE:HUM)s recent gains will last throughout the year. Form D contains basic information about the offering and the company. The fund faces stock market volatility since two-thirds of the assets are invested in stocks. 27 febrero, 2023 . This applies to both the initial and subsequent subscriptions. 2023 Forbes Media LLC. Have you ever wondered about the number of sacrifices a winning athlete has to make? Invest in your principles with these mutual funds and ETFs. Use of this website constitutes acceptance of the Best Funds Terms and Conditions of Use. The Citadel Wellington fund's positive October performance, meanwhile, pushed it to a 30.7% YTD gain. Well, its almost entirely because of a surprising July 25th twist that hardly anybodys talking about right now. Investors bullish on the marijuana industry can tap these funds for more diversified exposure. Like Amazon.com, Inc. (NASDAQ:AMZN), AT&T Inc. (NYSE:T), and Booking Holdings Inc. (NASDAQ:BKNG), elite hedge funds are piling into Johnson Controls International plc (NYSE:JCI). Here's a comprehensive guide on what you need to know. Here are its Top 5 Stock Picks. According to the United States Census Bureau, only about 4% of households earned more than the $300,000 necessary for a family to reach accredited investor status in 2019. Our engineering and quantitative research teams drive us forward with proprietary technology and tools, models and algorithms created in partnership with the business. Founded in 1990 by Ken Griffin, it has more than $62 billion in assets under management as of December 2022. Low fees make these funds great choices for a 401(k) plan. And, there may be some glamour associated with qualifying to invest in hedge funds. Griffin currently serves as the firm's CEO. USD 1 T+ Client assets under management . Citadel Investment Group's Stake Value: $385,360,000 Percentage of Citadel Investment Group's 13F Portfolio: 0.07% Number of Hedge Fund Holders: 66 Humana Inc. (NYSE:HUM) is an American. Andreas Halvorsens Viking Global is the biggest shareholder of the company, with more than 12 million shares worth $733.18 million. With government restrictions and pricey buy-ins, hedge funds are all but inaccessible to most mere investing mortals. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. A SICAV or UCITS as it is called outside Luxembourg is an open-ended investment fund. Working in tandem with a team of High-Performance Computing specialists, theyve built a differentiated applied research operation. That said, hedge funds still lost 4.07% in 2018. The firm last filed a Form D notice of exempt offering of securities on 2022-05-27. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. There are multiple paths to profit with rising Black-owned businesses. In an open-ended fund, investors can enter or leave on an on-going basis (in the . The investment strategies at Citadel include equities, fixed income & macro, commodities, credit, and global quantitative. Form D is a form to be used to file a notice of an exempt offering of securities with the Securities and Exchange Commission. All text and design is copyright 2020 WhaleWisdom.com. You can review a hedge fund managers disciplinary history, fees and investment strategy by looking at their Form ADV. wellington national golf club membership cost. A hedge fund manager is an investment manager who makes daily investment decisions for a hedge fund. Consider these diversified no-load fund picks for your retirement or taxable investment accounts. The pressure to perform and remain at the top once you're there? If Warren Buffetts hedge fund didnt generate any outperformance (i.e. He expects 25% to 30% of his coverage to slash 2022 earnings guidance. All of these fees can eat into your overall return. Ken Griffins hedge fund invests primarily in the communications, finance, healthcare, industrials, energy, consumer discretionary, and information technology sectors. The billionaire employs a market-neutral strategy at Citadel that thrived despite inflation being at a 40-year high and the Russian invasion of Ukraine, which decimated the broader market. Since Citadel takes performance-based fees, advisors may have an incentive to pursue more speculative investment strategies in an effort to generate a higher return, and therefore a higher performance fee. Citadel Kensington Global Strategies Fund Ltd. is based out of Grand Cayman. Citadel's multistrategy flagship fund Wellington gained 7.8% in September, bringing its year-to-date performance to 18.5%, according to a person familiar with the returns. Isn't one of the biggest citadel private funds. Citadel is headquartered in Chicago at 131 South Dearborn Street, a few blocks west of the Art Institute. Warren Buffett has been investing and compounding for at least 65 years. personalising content and ads, providing social media features and to Our people benefit from our unparalleled resources and learn from the talent assembled around them. Citadel's flagship Wellington fund, which practices a multi-strategy array of investments on stocks, bonds, commodities and other securities using teams of traders, is up by 21.2% this year . Learn more about our company. She specializes in helping people finance their education and manage debt. Sign-up But hedge funds arent limited the same ways mutual funds are. The Citadel Value Fund started investing in 2002. Fortive completed its spinoff of Vontier, a business that manufactures gas station terminals, smart city traffic lights, a telematics business, and an auto repair tools distribution business, led by CEO Mark Morelli, a well regarded external hire from Columbus McKinnon. For example S&P 500 Index returned 43.4% in 1958. The $43.1 billion firm's Wellington fund, which runs a market neutral strategy, beat D.E. Vanguard Wellington Fund has an expense ratio of 0.24 percent. offers FT membership to read for free. We will explore any territory in pursuit of an idea, taking unconventional approaches and making big, bold investments in unexpected places. Most people are better off in passively managed portfolios that simply invest in the whole market, says Gutierrez. As a hedge fund, Citadel manages several private investment funds, and does not provide financial planning services. Among the hedge funds tracked by Insider Monkey, 99 funds were bullish on Booking Holdings Inc. (NASDAQ:BKNG) at the end of the first quarter of 2022, up from 92 funds in the last quarter. There is no standardized method or central accreditation authority. In its Q4 2020 investor letter, Argosy Investors highlighted a few stocks and Fortive Corp (NYSE:FTV) was one of them. Citadel's portfolio of companies is financially Will His AI Plans Be Any Different? Copyright Citadel Enterprise Americas LLC or one of its affiliates. The fund invests 60% to 70% in value stocks and the remaining amount of its assets in fixed-income securities. Youll also need to verify youre an accredited investor. You can still enjoy your subscription until the end of your current billing period. A decorated but controversial biologist ousted for alleged sexual misconduct from the MIT-affiliated Whitehead Institute is getting new funding with help from billionaire hedge fund manager Bill Ackman Dan Loebs hedge fund Third Point has built a position in Salesforce, expanding the group of activists circling the business software maker, CNBC has confirmed.
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