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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
HCM
326
HMS Capital Management
Tennessee
$412K +$394K +2,002 New
GFWA
327
Grey Fox Wealth Advisors
Delaware
$409K
TI
328
Tidal Investments
Wisconsin
$402K +$384K +1,951 New
WA
329
Wealth Alliance
New York
$399K -$25.6K -130 -6%
PA
330
Profund Advisors
Maryland
$398K -$91.4K -464 -19%
OIA
331
OneDigital Investment Advisors
Kansas
$398K +$6.5K +33 +2%
PJSIMP
332
P.J. Schmidt Investment Management (PJS)
Wisconsin
$396K +$3.74K +19 +1%
CIP
333
Cornerstone Investment Partners
Georgia
$366K -$123K -624 -26%
Cetera Investment Advisers
334
Cetera Investment Advisers
Illinois
$363K -$53.6K -272 -13%
FP
335
Foundry Partners
Minnesota
$362K -$5.32K -27 -2%
QCG
336
Quadrant Capital Group
Ohio
$360K +$8.47K +43 +3%
CB
337
Commerce Bank
Missouri
$355K -$328K -1,664 -49%
WJWM
338
Williams Jones Wealth Management
New York
$352K
AC
339
AXQ Capital
New Jersey
$350K -$1.06M -5,403 -76%
AA
340
ALPS Advisors
Colorado
$332K +$317K +1,610 New
DT
341
Diversified Trust
Tennessee
$319K +$305K +1,547 New
CIBC Asset Management
342
CIBC Asset Management
Ontario, Canada
$317K +$16K +81 +6%
Amundi
343
Amundi
France
$310K +$289K +1,469 +4,452%
GI
344
GS Investments
Minnesota
$309K
Bank of Nova Scotia
345
Bank of Nova Scotia
Ontario, Canada
$309K +$295K +1,498 New
Mercer Global Advisors
346
Mercer Global Advisors
Colorado
$308K +$21.1K +107 +8%
HR
347
Hardy Reed
Mississippi
$301K
ATPW
348
Ashton Thomas Private Wealth
Arizona
$301K -$2.36K -12 -0.8%
QT
349
Quantamental Technologies
New York
$296K +$283K +1,436 New
GT
350
Greenleaf Trust
Michigan
$294K -$28.6K -145 -9%

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.