Five Below
FIVE
223 hedge funds and large institutions have $2.64B invested in Five Below in 2016 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 87 increasing their positions, 62 reducing their positions, and 31 closing their positions.
84% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 31
45% more call options, than puts
Call options by funds: $58.2M | Put options by funds: $40M
40% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 62
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more capital invested
Capital invested by funds: $2.22B → $2.64B (+$417M)
12% more funds holding
Funds holding: 200 → 223 (+23)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$28M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$27.4M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$26.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$21.5M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$54.8M |
| 2 |
Millennium Management
New York
|
-$31.6M |
| 3 |
Neuberger Berman Group
New York
|
-$30.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$29M |
| 5 |
SCM
Suvretta Capital Management
New York
|
-$24.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DIA
251
Denver Investment Advisors
Denver,
Colorado
| – | -$204K | -6,347 | Closed |
|
252
Simplex Trading
Chicago,
Illinois
| – | -$220K | -6,022 | Closed |
|
|
ACS
253
Archford Capital Strategies
Swansea,
Illinois
| – | -$6K | -154 | Closed |
|
|
CCS
254
Crosspoint Capital Strategies
Orinda,
California
| – | -$4K | -100 | Closed |
|
FIVE Hedge Fund Activity: Q1 2016 in Review
223 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2016, worth a combined $2.64B — up 19% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new FIVE positions and 31 closed out — a net gain of 26 holders — while 87 added to existing stakes and 62 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $28M. The largest seller was Goldman Sachs, cutting an estimated $54.8M.
- 223 institutional investors held Five Below (FIVE) as of Q1 2016, up from 200 in Q4 2015.
- Funds reported $2.64B of Five Below stock for Q1 2016, up 19% quarter-over-quarter.
- 57 funds opened new Five Below positions in Q1 2016 and 31 closed out, a net change of +26 holders.
- The largest Five Below buyer in Q1 2016 was Lord, Abbett & Co, an estimated $28M added.
- The largest Five Below seller in Q1 2016 was Goldman Sachs, an estimated $54.8M sold.
Based on aggregated 13F filings for Q1 2016.