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Five Below

159 hedge funds and large institutions have $2.43B invested in Five Below in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

404% more call options, than puts

Call options by funds: $33.7M | Put options by funds: $6.68M

60% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 42

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

27% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 30

11% more capital invested

Capital invested by funds: $2.18B → $2.43B (+$243M)

5% more funds holding

Funds holding: 151159 (+8)

Holders
159
Holders Change
+8
Holders Change %
+5.3%
% of All Funds
4.62%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
38
Increased
67
Reduced
42
Closed
30
Calls
$33.7M
Puts
$6.68M
Net Calls
+$27M
Net Calls Change
+$21.1M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
26
Putnam Investments
Massachusetts
$18.7M +$810K +16,889 +4%
FAM
27
Fred Alger Management
New York
$18.6M -$3.3M -68,867 -14%
Artisan Partners
28
Artisan Partners
Wisconsin
$18.5M +$1.02M +21,327 +5%
O
29
OppenheimerFunds
New York
$17.5M +$3.83M +79,820 +24%
SONJCPFA
30
State of New Jersey Common Pension Fund A
New Jersey
$17.1M +$5.51M +115,000 +41%
Westfield Capital Management
31
Westfield Capital Management
Massachusetts
$15.8M +$9.34M +194,910 +114%
TI
32
Turner Investments
Pennsylvania
$15.7M -$3.07M -64,118 -15%
FA
33
Friess Associates
Delaware
$13.8M +$11.5M +240,900 +305%
CCM
34
Crestwood Capital Management
New York
$13.5M -$71.9K -1,500 -0.5%
EA
35
Emerald Advisers
Pennsylvania
$13.2M -$4.17M -87,056 -22%
SAM
36
Scopus Asset Management
New York
$11M +$12.2M +255,000 New
PC
37
Pier Capital
Connecticut
$10.9M +$4.71M +98,208 +64%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$10.2M +$870K +18,151 +8%
ACMM
39
Arbor Capital Management (Minnesota)
Minnesota
$10.1M +$432K +9,020 +4%
Massachusetts Financial Services
40
Massachusetts Financial Services
Massachusetts
$10.1M -$7.82M -163,120 -41%
Geode Capital Management
41
Geode Capital Management
Massachusetts
$9.71M +$773K +16,132 +8%
TCIM
42
TIAA CREF Investment Management
New York
$9.49M +$835K +17,416 +9%
TA
43
Teachers Advisors
New York
$8.88M +$2.82M +58,740 +40%
EMFAT
44
Emerald Mutual Fund Advisers Trust
Pennsylvania
$8.37M +$3.55M +74,039 +54%
NCGI
45
Next Century Growth Investors
Minnesota
$8.15M +$9.05M +188,683 New
CIP
46
Chartwell Investment Partners
Pennsylvania
$6.92M +$7.68M +160,100 New
NIP
47
Nicholas Investment Partners
California
$6.67M +$2.06M +42,877 +38%
RIM
48
Rainier Investment Management
Washington
$6.66M -$3.37M -70,350 -31%
OAM
49
Oxford Asset Management
United Kingdom
$6.63M +$7.36M +153,535 New
MAA
50
Managed Account Advisors
New Jersey
$5.25M +$2.76M +57,615 +90%

FIVE Hedge Fund Activity: Q4 2013 in Review

159 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2013, worth a combined $2.43B — up 11% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new FIVE positions and 30 closed out — a net gain of 8 holders — while 67 added to existing stakes and 42 trimmed.

The largest buyer was Wells Fargo, adding an estimated $68.5M. The largest seller was Tremblant Capital Group, exiting entirely with an estimated $40.8M sold.

  • 159 institutional investors held Five Below (FIVE) as of Q4 2013, up from 151 in Q3 2013.
  • Funds reported $2.43B of Five Below stock for Q4 2013, up 11% quarter-over-quarter.
  • 38 funds opened new Five Below positions in Q4 2013 and 30 closed out, a net change of +8 holders.
  • The largest Five Below buyer in Q4 2013 was Wells Fargo, an estimated $68.5M added.
  • The largest Five Below seller in Q4 2013 was Tremblant Capital Group, an estimated $40.8M sold.

Based on aggregated 13F filings for Q4 2013.