Five Below
FIVE
398 hedge funds and large institutions have $7.64B invested in Five Below in 2020 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 124 increasing their positions, 136 reducing their positions, and 45 closing their positions.
91% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 45
61% more call options, than puts
Call options by funds: $173M | Put options by funds: $107M
18% more capital invested
Capital invested by funds: $6.48B → $7.64B (+$1.16B)
11% more funds holding
Funds holding: 358 → 398 (+40)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0.24% less ownership
Funds ownership: 108.75% → 108.51% (-0.24%)
9% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 136
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$151M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$60.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$53.1M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$89.9M |
| 2 |
JCM
Junto Capital Management
New York
|
-$84.5M |
| 3 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$77.2M |
| 4 |
IP
Interval Partners
New York
|
-$33.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$31.1M |
FIVE Hedge Fund Activity: Q3 2020 in Review
398 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2020, worth a combined $7.64B — up 18% from $6.48B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FIVE positions and 45 closed out — a net gain of 41 holders — while 124 added to existing stakes and 136 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $151M. The largest seller was Adage Capital Partners, cutting an estimated $89.9M.
- 398 institutional investors held Five Below (FIVE) as of Q3 2020, up from 358 in Q2 2020.
- Funds reported $7.64B of Five Below stock for Q3 2020, up 18% quarter-over-quarter.
- 86 funds opened new Five Below positions in Q3 2020 and 45 closed out, a net change of +41 holders.
- The largest Five Below buyer in Q3 2020 was VOYA Investment Management, an estimated $151M added.
- The largest Five Below seller in Q3 2020 was Adage Capital Partners, an estimated $89.9M sold.
Based on aggregated 13F filings for Q3 2020.