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(Bloomberg) — Citadel LLC reported a 5.2 percent stake in D.E. Shaw & Co.’s James River Group Holdings Ltd., the insurer that had an initial public offering last week.

Citadel, the hedge-fund firm led by Ken Griffin, owned 1.47 million shares of the specialty insurer as of Dec. 12, according to a regulatory filing today. The holding is valued at about $31 million based on yesterday’s closing price in New York.

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