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Five Below

460 hedge funds and large institutions have $7.73B invested in Five Below in 2025 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 131 increasing their positions, 170 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 412 (+8)

98% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 56

81% more capital invested

Capital invested by funds: $4.27B → $7.73B (+$3.45B)

12% more funds holding

Funds holding: 409460 (+51)

3.2% more ownership

Funds ownership: 103.75%106.96% (+3.2%)

7% less call options, than puts

Call options by funds: $274M | Put options by funds: $294M

23% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 170

Holders
460
Holders Change
+51
Holders Change %
+12.47%
% of All Funds
6.06%
Holding in Top 10
12
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+200%
% of All Funds
0.16%
New
111
Increased
131
Reduced
170
Closed
56
Calls
$274M
Puts
$294M
Net Calls
-$20.3M
Net Calls Change
-$163M
Name Holding Trade Value Shares
Change
Change in
Stake
MYIA
376
Mount Yale Investment Advisors
Colorado
$26.2K +$19.5K +200 New
CTC
377
Central Trust Company
Missouri
$26K -$1.07K -11 -5%
Bessemer Group
378
Bessemer Group
New Jersey
$23K -$31.4K -322 -65%
CI Investments Inc
379
CI Investments Inc
Ontario, Canada
$22K -$2.04K -21 -11%
CAL
380
Capital Advisors Ltd
Ohio
$22K +$10.9K +112 +211%
VSQM
381
V-Square Quantitative Management
Illinois
$21.1K +$15.7K +161 New
RI
382
Ridgewood Investments
New Jersey
$19.9K
LSA
383
Leonteq Securities AG
Switzerland
$19.5K -$50.3K -516 -78%
CT
384
Colonial Trust
South Carolina
$18.1K
EIM
385
Essex Investment Management
Massachusetts
$18K
RA
386
Rise Advisors
New York
$17.7K
AssetMark Inc
387
AssetMark Inc
California
$17.2K -$5.36K -55 -30%
C
388
Covestor
United Kingdom
$16K +$195 +2 +2%
GM
389
GeoWealth Management
Illinois
$15.3K +$11.4K +117 New
Northwestern Mutual Wealth Management
390
Northwestern Mutual Wealth Management
Wisconsin
$14.5K -$32K -329 -75%
SPIA
391
Steward Partners Investment Advisory
New York
$14.2K -$1.85K -19 -15%
NFSG
392
Newbridge Financial Services Group
Florida
$13.1K
WT
393
Whittier Trust
California
$11.5K -$877 -9 -9%
WTC
394
WhitTier Trust Company
Nevada
$11K +$8.18K +84 New
LI
395
LRI Investments
Florida
$10.2K -$6.82K -70 -47%
WBC
396
West Branch Capital
Massachusetts
$9.84K
CAWM
397
Capital A Wealth Management
Pennsylvania
$9.8K +$4.48K +46 New
CIAM
398
Caitong International Asset Management
Hong Kong
$9.31K -$37.4K -384 -84%
GSWM
399
Golden State Wealth Management
California
$8.79K
TWC
400
TD Waterhouse Canada
Ontario, Canada
$8.65K +$2.44K +25 +63%

FIVE Hedge Fund Activity: Q2 2025 in Review

460 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2025, worth a combined $7.73B — up 81% from $4.27B a quarter earlier.

Buyers outnumbered sellers: 111 funds opened new FIVE positions and 56 closed out — a net gain of 55 holders — while 131 added to existing stakes and 170 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $245M. The largest seller was Fidelity International, cutting an estimated $92.5M.

  • 460 institutional investors held Five Below (FIVE) as of Q2 2025, up from 409 in Q1 2025.
  • Funds reported $7.73B of Five Below stock for Q2 2025, up 81% quarter-over-quarter.
  • 111 funds opened new Five Below positions in Q2 2025 and 56 closed out, a net change of +55 holders.
  • The largest Five Below buyer in Q2 2025 was D.E. Shaw & Co, an estimated $245M added.
  • The largest Five Below seller in Q2 2025 was Fidelity International, an estimated $92.5M sold.

Based on aggregated 13F filings for Q2 2025.