Five Below
FIVE
367 hedge funds and large institutions have $5.59B invested in Five Below in 2018 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 89 increasing their positions, 167 reducing their positions, and 44 closing their positions.
68% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 44
27% more capital invested
Capital invested by funds: $4.4B → $5.59B (+$1.18B)
9% more funds holding
Funds holding: 338 → 367 (+29)
5.87% less ownership
Funds ownership: 108.41% → 102.54% (-5.9%)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
47% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 167
73% less call options, than puts
Call options by funds: $57.8M | Put options by funds: $217M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$93.9M |
| 2 |
Renaissance Technologies
New York
|
+$90.9M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$40.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$28M |
| 5 |
D.E. Shaw & Co
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$85.9M |
| 2 |
BlackRock
New York
|
-$74.2M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$59.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$40.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$34.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
401
Point72 Hong Kong
Hong Kong
| – | -$87K | -1,182 | Closed |
|
|
GT
402
Greenleaf Trust
Kalamazoo,
Michigan
| – | -$71K | -969 | Closed |
|
|
FPFS
403
First Personal Financial Services
Charlotte,
North Carolina
| – | -$61K | -825 | Closed |
|
|
APP
404
Avantax Planning Partners
Dubuque,
Iowa
| – | -$27K | -370 | Closed |
|
|
MWM
405
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$22K | -300 | Closed |
|
|
WDL
406
Well Done LLC
Holland,
Michigan
| – | -$8K | -115 | Closed |
|
|
RIA
407
RPG Investment Advisory
Pleasanton,
California
| – | -$7K | -100 | Closed |
|
|
TDC
408
Thompson Davis & Co
Richmond,
Virginia
| – | -$5K | -65 | Closed |
|
|
SWP
409
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$3K | -46 | Closed |
|
|
LWA
410
Lenox Wealth Advisors
New York
| – | -$1K | -19 | Closed |
|
411
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -12 | Closed |
|
FIVE Hedge Fund Activity: Q2 2018 in Review
367 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2018, worth a combined $5.59B — up 27% from $4.4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new FIVE positions and 44 closed out — a net gain of 30 holders — while 89 added to existing stakes and 167 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $93.9M. The largest seller was Capital Research Global Investors, cutting an estimated $85.9M.
- 367 institutional investors held Five Below (FIVE) as of Q2 2018, up from 338 in Q1 2018.
- Funds reported $5.59B of Five Below stock for Q2 2018, up 27% quarter-over-quarter.
- 74 funds opened new Five Below positions in Q2 2018 and 44 closed out, a net change of +30 holders.
- The largest Five Below buyer in Q2 2018 was Fidelity Investments, an estimated $93.9M added.
- The largest Five Below seller in Q2 2018 was Capital Research Global Investors, an estimated $85.9M sold.
Based on aggregated 13F filings for Q2 2018.