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Five Below

462 hedge funds and large institutions have $6.33B invested in Five Below in 2024 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 149 increasing their positions, 166 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $262M | Put options by funds: $196M

1.22% less ownership

Funds ownership: 106.85%105.63% (-1.2%)

7% less funds holding

Funds holding: 499462 (-37)

10% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 166

27% less first-time investments, than exits

New positions opened: 81 | Existing positions closed: 111

41% less capital invested

Capital invested by funds: $10.7B → $6.33B (-$4.36B)

55% less funds holding in top 10

Funds holding in top 10: 115 (-6)

Holders
462
Holders Change
-37
Holders Change %
-7.41%
% of All Funds
6.67%
Holding in Top 10
5
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-54.55%
% of All Funds
0.07%
New
81
Increased
149
Reduced
166
Closed
111
Calls
$262M
Puts
$196M
Net Calls
+$65.4M
Net Calls Change
+$106M
Name Holding Trade Value Shares
Change
Change in
Stake
OQS
226
Occudo Quantitative Strategies
Florida
$710K +$902K +6,512 New
Envestnet Portfolio Solutions
227
Envestnet Portfolio Solutions
Illinois
$702K -$186K -1,342 -17%
AAM
228
Azzad Asset Management
Virginia
$697K +$333K +2,402 +60%
PP
229
Paloma Partners
Connecticut
$693K +$881K +6,359 New
SEC
230
Seven Eight Capital
New York
$662K +$841K +6,071 New
Federated Hermes
231
Federated Hermes
Pennsylvania
$660K -$26.4M -190,783 -97%
SOADOR
232
State of Alaska Department of Revenue
Alaska
$655K
Public Employees Retirement Association of Colorado
233
Public Employees Retirement Association of Colorado
Colorado
$650K
Mariner
234
Mariner
Kansas
$640K -$25.5K -184 -3%
Wealth Enhancement Advisory Services
235
Wealth Enhancement Advisory Services
Minnesota
$632K +$461K +3,327 +135%
GIM
236
Groesbeck Investment Management
New Jersey
$626K
MML Investors Services
237
MML Investors Services
Massachusetts
$607K -$90.3K -652 -10%
AG
238
Algert Global
California
$606K -$1.71M -12,336 -69%
HIA
239
Harbor Investment Advisory
Maryland
$600K -$692 -5 -0.1%
Creative Planning
240
Creative Planning
Kansas
$587K -$278K -2,005 -27%
GLA
241
Great Lakes Advisors
Illinois
$574K -$17.3K -125 -2%
RJFSA
242
Raymond James Financial Services Advisors
Florida
$573K -$18.4K -133 -2%
AWA
243
Arkadios Wealth Advisors
Georgia
$554K +$97.5K +704 +16%
PAS
244
Park Avenue Securities
New York
$551K -$54.7K -395 -7%
Rafferty Asset Management
245
Rafferty Asset Management
New York
$548K +$342K +2,471 +97%
GCP
246
GSA Capital Partners
United Kingdom
$507K +$644K +4,649 New
BB
247
Bell Bank
North Dakota
$505K -$137K -990 -18%
M&T Bank
248
M&T Bank
New York
$497K -$176K -1,272 -22%
CIP
249
Cornerstone Investment Partners
Georgia
$497K +$306K +2,211 +94%
IC
250
IEQ Capital
California
$495K -$224K -1,619 -26%

FIVE Hedge Fund Activity: Q2 2024 in Review

462 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2024, worth a combined $6.33B — down 41% from $10.7B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of FIVE and 81 opened new positions — a net loss of 30 holders — while 166 trimmed existing stakes and 149 added.

The largest buyer was Wasatch Advisors, adding an estimated $124M. The largest seller was Artisan Partners, exiting entirely with an estimated $158M sold.

  • 462 institutional investors held Five Below (FIVE) as of Q2 2024, down from 499 in Q1 2024.
  • Funds reported $6.33B of Five Below stock for Q2 2024, down 41% quarter-over-quarter.
  • 81 funds opened new Five Below positions in Q2 2024 and 111 closed out, a net change of -30 holders.
  • The largest Five Below buyer in Q2 2024 was Wasatch Advisors, an estimated $124M added.
  • The largest Five Below seller in Q2 2024 was Artisan Partners, an estimated $158M sold.

Based on aggregated 13F filings for Q2 2024.