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Hard to generalize. Too many managers are closet indexers. Bonuses are based on how they perform compared to the index they market toward and their competitors. Additionally most of the bonus comes from just beating it by a little bit and trying to really outperform leaves them open to disappoints. This means the holding don't change by a significant amount. The biggest decision is how much cash to hold and if there were shareholder redemptions.
Friday was option expiration and played a significant role in Friday's close and Monday's open.
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1987 930, (Imagine Auto) 3.4L, dual plugged, Electomotive, k27HFS, Tial WG, SC Cams, Kokeln IC, GHL headers, HKS EVC5 boost controller, Bilstein coil overs, Big Reds on Front
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