how much harder is it to use a headhunting firm to get your second job at a hedge fund vs. the first one?

the first time i recruited for the buyside i was in investment banking. while it was pretty hard to get a job that i wanted, i still felt like i got a lot of interviews.

i have been working on the buyside for 2 years now at a fairly good hedge fund. when i sent my resume out to some headhunting firms, i got far fewer interviews than i felt like i did last time. is this normal for someone recruiting after working at a fund for two years (maybe because I am perceived as less moldable)? is it because of just seasonality in the recruiting cycle?

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