Five Below
FIVE
413 hedge funds and large institutions have $7.32B invested in Five Below in 2019 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 147 increasing their positions, 139 reducing their positions, and 45 closing their positions.
47% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 45
14% more call options, than puts
Call options by funds: $267M | Put options by funds: $233M
7% more capital invested
Capital invested by funds: $6.86B → $7.32B (+$456M)
4.91% more ownership
Funds ownership: 97.92% → 102.83% (+4.9%)
3% more funds holding
Funds holding: 402 → 413 (+11)
6% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 139
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$201M |
| 2 |
Millennium Management
New York
|
+$56.6M |
| 3 |
TP
Third Point
New York
|
+$43.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$41.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$75.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$63.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$49.5M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$44.8M |
| 5 |
Squarepoint
New York
|
-$23.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
451
Gemmer Asset Management
Walnut Creek,
California
| – | -$9K | -73 | Closed |
|
|
AF
452
Allworth Financial
Folsom,
California
| – | -$7K | -59 | Closed |
|
|
PB
453
Pinnacle Bancorp
Beatrice,
Nebraska
| – | -$3K | -21 | Closed |
|
|
FHA
454
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$1K | -15 | Closed |
|
|
AIC
455
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$2K | -14 | Closed |
|
456
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -10 | Closed |
|
|
SCA
457
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$1K | -7 | Closed |
|
|
VCM
458
Versant Capital Management
Phoenix,
Arizona
| – | -$125 | -1 | -14% |
|
FIVE Hedge Fund Activity: Q4 2019 in Review
413 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2019, worth a combined $7.32B — up 6.6% from $6.86B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new FIVE positions and 45 closed out — a net gain of 21 holders — while 147 added to existing stakes and 139 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $201M. The largest seller was Samlyn Capital, exiting entirely with an estimated $75.5M sold.
- 413 institutional investors held Five Below (FIVE) as of Q4 2019, up from 402 in Q3 2019.
- Funds reported $7.32B of Five Below stock for Q4 2019, up 6.6% quarter-over-quarter.
- 66 funds opened new Five Below positions in Q4 2019 and 45 closed out, a net change of +21 holders.
- The largest Five Below buyer in Q4 2019 was AllianceBernstein, an estimated $201M added.
- The largest Five Below seller in Q4 2019 was Samlyn Capital, an estimated $75.5M sold.
Based on aggregated 13F filings for Q4 2019.