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Five Below

496 hedge funds and large institutions have $12.1B invested in Five Below in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 147 increasing their positions, 207 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 49

16% more capital invested

Capital invested by funds: $10.4B → $12.1B (+$1.69B)

3% more funds holding

Funds holding: 481496 (+15)

7% less call options, than puts

Call options by funds: $174M | Put options by funds: $188M

1.52% less ownership

Funds ownership: 106.95%105.43% (-1.5%)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

29% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 207

Holders
496
Holders Change
+15
Holders Change %
+3.12%
% of All Funds
7.9%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.25%
New
74
Increased
147
Reduced
207
Closed
49
Calls
$174M
Puts
$188M
Net Calls
-$14M
Net Calls Change
+$45M
Name Holding Trade Value Shares
Change
Change in
Stake
PFO
226
Pathstone Family Office
New Jersey
$1.6M -$2.53M -12,841 -62%
Public Employees Retirement Association of Colorado
227
Public Employees Retirement Association of Colorado
Colorado
$1.6M
SOADOR
228
State of Alaska Department of Revenue
Alaska
$1.57M -$22.8K -116 -1%
BAM
229
Blueshift Asset Management
New Jersey
$1.56M -$471K -2,391 -24%
M&T Bank
230
M&T Bank
New York
$1.54M +$114K +579 +8%
AIM
231
Aigen Investment Management
New York
$1.51M +$1.15M +5,844 +396%
Simplex Trading
232
Simplex Trading
Illinois
$1.45M -$1.87M -9,491 -57%
AWM
233
AE Wealth Management
Kansas
$1.45M -$334K -1,697 -19%
HSBC Holdings
234
HSBC Holdings
United Kingdom
$1.44M +$651K +3,306 +90%
RCM
235
Radnor Capital Management
Pennsylvania
$1.39M +$5.91K +30 +0.4%
FFP
236
FourThought Financial Partners
Florida
$1.39M -$80.2K -407 -6%
WTC
237
WhitTier Trust Company
Nevada
$1.38M +$28K +142 +2%
PAMS
238
Pictet Asset Management (Switzerland)
Switzerland
$1.38M +$20.1K +102 +2%
HW
239
Hancock Whitney
Mississippi
$1.38M -$405K -2,055 -23%
VRS
240
Virginia Retirement Systems
Virginia
$1.38M +$236K +1,200 +22%
Verition Fund Management
241
Verition Fund Management
Connecticut
$1.32M +$212K +1,074 +20%
VanEck Associates
242
VanEck Associates
New York
$1.3M +$921K +4,679 +283%
TSS
243
Two Sigma Securities
New York
$1.22M +$588K +2,986 +101%
MML Investors Services
244
MML Investors Services
Massachusetts
$1.2M -$167K -848 -13%
CL
245
CIM LLC
New York
$1.2M -$4.33K -22 -0.4%
AG
246
Ascent Group
Virginia
$1.19M +$607K +3,083 +115%
GLA
247
Great Lakes Advisors
Illinois
$1.18M -$83.1K -422 -7%
HIA
248
Harbor Investment Advisory
Maryland
$1.18M -$81.5K -414 -7%
DA
249
Duality Advisers
Florida
$1.17M +$1.12M +5,683 New
VPIM
250
Vanguard Personalized Indexing Management
California
$1.14M +$579K +2,939 +113%

FIVE Hedge Fund Activity: Q1 2023 in Review

496 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2023, worth a combined $12.1B — up 16% from $10.4B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new FIVE positions and 49 closed out — a net gain of 25 holders — while 147 added to existing stakes and 207 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $737M. The largest seller was Fidelity Investments, cutting an estimated $256M.

  • 496 institutional investors held Five Below (FIVE) as of Q1 2023, up from 481 in Q4 2022.
  • Funds reported $12.1B of Five Below stock for Q1 2023, up 16% quarter-over-quarter.
  • 74 funds opened new Five Below positions in Q1 2023 and 49 closed out, a net change of +25 holders.
  • The largest Five Below buyer in Q1 2023 was T. Rowe Price Associates, an estimated $737M added.
  • The largest Five Below seller in Q1 2023 was Fidelity Investments, an estimated $256M sold.

Based on aggregated 13F filings for Q1 2023.