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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
CPG
401
Cornerstone Planning Group
New Jersey
$8.42K -$779 -8 -11%
LFG
402
Larson Financial Group
Missouri
$8.26K -$13.5K -139 -69%
FFA
403
Farther Finance Advisors
California
$8.25K +$3.41K +35 +125%
MPWT
404
MassMutual Private Wealth & Trust
Connecticut
$8K -$4.09K -42 -41%
ST
405
Smithfield Trust
Pennsylvania
$8K
Optiver Holding
406
Optiver Holding
Netherlands
$7.87K +$4.38K +45 +300%
Mitsubishi UFJ Asset Management
407
Mitsubishi UFJ Asset Management
Japan
$7.61K
PS
408
Principal Securities
Iowa
$7.61K +$390 +4 +7%
RIL
409
Rothschild Investment LLC
Illinois
$7.21K +$5.36K +55 New
SA
410
SRH Advisors
Kansas
$6.82K
FGA
411
Fortis Group Advisors
New Jersey
$6.56K
SC
412
SouthState Corp
Florida
$6.3K -$1.27K -13 -21%
FMII
413
Farmers & Merchants Investments Inc
Nebraska
$6.03K +$390 +4 +10%
FFO
414
Fortitude Family Office
Arizona
$6.03K +$4.48K +46 New
AF
415
Advisornet Financial
Minnesota
$5.9K -$97 -1 -2%
CTWM
416
Cherry Tree Wealth Management
Minnesota
$5.38K
MAM
417
Meeder Asset Management
Ohio
$5.25K +$3.9K +40 New
CT
418
Clearstead Trust
Maine
$5.12K -$1.66K -17 -30%
PC
419
Pier Capital
Connecticut
$4.33K
SS
420
SBI Securities
Japan
$4.2K +$1.66K +17 +113%
GWSG
421
GPS Wealth Strategies Group
Colorado
$4.07K +$97 +1 +3%
TPWA
422
Twin Peaks Wealth Advisors
California
$3.31K +$2.34K +24 New
AA
423
Ancora Advisors
Ohio
$3.02K +$2.24K +23 New
AAS
424
Ameritas Advisory Services
Nebraska
$2.75K +$2.04K +21 New
EB
425
Eastern Bank
Massachusetts
$2.62K

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.