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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
VAS
251
Vestmark Advisory Solutions
Massachusetts
$1.1M +$35.3K +179 +3%
IC
252
IEQ Capital
California
$1.07M +$30.1K +153 +3%
IWP
253
Icon Wealth Partners
Texas
$1.07M +$1.02M +5,184 New
RJFSA
254
Raymond James Financial Services Advisors
Florida
$1.07M +$34.1K +173 +3%
SAM
255
Securian Asset Management
Minnesota
$1.05M
NA
256
NewEdge Advisors
Louisiana
$1.05M +$926K +4,704 +1,142%
GIA
257
Gateway Investment Advisers
Ohio
$1.05M
SO
258
STRS Ohio
Ohio
$1.04M +$997K +5,064 New
BFO
259
Biltmore Family Office
North Carolina
$1.04M -$91.6K -465 -8%
AI
260
Atria Investments
North Carolina
$1.03M -$133K -675 -12%
GIM
261
Groesbeck Investment Management
New Jersey
$1.02M
YIH
262
Y-Intercept (HK)
Hong Kong
$1.02M +$980K +4,974 New
Northwestern Mutual Wealth Management
263
Northwestern Mutual Wealth Management
Wisconsin
$1.02M +$1.97K +10 +0.2%
DZ Bank
264
DZ Bank
Germany
$1.01M +$970K +4,926 New
1CM
265
1492 Capital Management
Wisconsin
$974K
CGH
266
Crossmark Global Holdings
Texas
$963K +$62.8K +319 +7%
FA
267
FDx Advisors
Illinois
$959K
CSS
268
Cubist Systematic Strategies
Connecticut
$952K -$5.5M -27,936 -86%
VFA
269
Voya Financial Advisors
Connecticut
$951K -$145K -738 -14%
WB
270
WesBanco Bank
West Virginia
$947K
KPWS
271
Kestra Private Wealth Services
Texas
$937K -$31.7K -161 -3%
ET
272
Equitable Trust
Tennessee
$933K -$109K -552 -11%
WG
273
Winton Group
United Kingdom
$918K +$878K +4,459 New
FSA
274
Franklin Street Advisors
North Carolina
$893K -$8.11M -41,164 -90%
Twin Tree Management
275
Twin Tree Management
Texas
$891K +$852K +4,326 New

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.