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Round string retainer question

A quick and probably obvious question -

I'm putting together a bass with a Fender-style headstock (as in, parallel to the fretboard), and I picked up a round string retainer (Invalid Link Removed).

Having never seen one of these things up close before, I assumed that it would have grooves on the underside to locate the strings, however it doesn't. Should I be filing grooves underneath or will the strings stay put as is?