here with us now to discuss the 13 f filings and what is significant about the hedge fund , upunity isarendra from sumzero. we have hedge funds, mutual funds, private equity funds. you run a platform for people to share their ideas. we see a few things. --erally, poor for performance among hedge stocks these days. and a lot of private trade. what does it say about the state of the industry that so many people got taken for a ride on this one, and clustering into the same set of stocks? divya: i don't think it says much. i think people read into it a lot more than they should. mind, moreo keep in than half of the hedge funds out there in the u.s. manage less than $100 million. a lot of the focus is on the huge, multimillion dollar funds. but there are actually thousands of hedge funds out there that don't necessarily pop up on the radar for conditions. one of the reasons why folks in the hedge fund industry value euros is because you're getting a more timely review of what a specific analyst thinks on a given name. not just in terms of a price target, but in terms of a detailed defense