Five Below
FIVE
402 hedge funds and large institutions have $6.86B invested in Five Below in 2019 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 134 increasing their positions, 160 reducing their positions, and 75 closing their positions.
141% more call options, than puts
Call options by funds: $269M | Put options by funds: $112M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
4% more capital invested
Capital invested by funds: $6.58B → $6.86B (+$281M)
0.27% less ownership
Funds ownership: 98.18% → 97.92% (-0.27%)
6% less funds holding
Funds holding: 428 → 402 (-26)
16% less repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 160
32% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$154M |
| 2 |
TP
Third Point
New York
|
+$103M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$82.8M |
| 4 |
SC
Samlyn Capital
New York
|
+$72.7M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$54.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$64.8M |
| 2 |
JCM
Junto Capital Management
New York
|
-$51.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$50.2M |
| 4 |
Millennium Management
New York
|
-$47.9M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$44.5M |
FIVE Hedge Fund Activity: Q3 2019 in Review
402 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2019, worth a combined $6.86B — up 4.3% from $6.58B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of FIVE and 51 opened new positions — a net loss of 24 holders — while 160 trimmed existing stakes and 134 added.
The largest buyer was Wellington Management Group, adding an estimated $154M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $64.8M sold.
- 402 institutional investors held Five Below (FIVE) as of Q3 2019, down from 428 in Q2 2019.
- Funds reported $6.86B of Five Below stock for Q3 2019, up 4.3% quarter-over-quarter.
- 51 funds opened new Five Below positions in Q3 2019 and 75 closed out, a net change of -24 holders.
- The largest Five Below buyer in Q3 2019 was Wellington Management Group, an estimated $154M added.
- The largest Five Below seller in Q3 2019 was Renaissance Technologies, an estimated $64.8M sold.
Based on aggregated 13F filings for Q3 2019.