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Five Below

442 hedge funds and large institutions have $6.69B invested in Five Below in 2019 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 146 increasing their positions, 154 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 41

23% more capital invested

Capital invested by funds: $5.43B → $6.69B (+$1.26B)

10% more funds holding

Funds holding: 403442 (+39)

1.13% more ownership

Funds ownership: 95.69%96.82% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

4% less call options, than puts

Call options by funds: $118M | Put options by funds: $123M

5% less repeat investments, than reductions

Existing positions increased: 146 | Existing positions reduced: 154

Holders
442
Holders Change
+39
Holders Change %
+9.68%
% of All Funds
9.57%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.22%
New
83
Increased
146
Reduced
154
Closed
41
Calls
$118M
Puts
$123M
Net Calls
-$4.76M
Net Calls Change
-$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$71.1M +$23.2M +192,000 +50%
1832 Asset Management
27
1832 Asset Management
Ontario, Canada
$70.5M -$22.3M -184,200 -25%
Norges Bank
28
Norges Bank
Norway
$66.5M +$738K +6,094 +1%
Jennison Associates
29
Jennison Associates
New York
$63.4M -$18.6M -153,928 -23%
Deutsche Bank
30
Deutsche Bank
Germany
$62.8M +$58M +479,142 +1,804%
VOYA Investment Management
31
VOYA Investment Management
Georgia
$62.1M +$18.1M +149,550 +43%
Charles Schwab
32
Charles Schwab
California
$59.8M +$3.03M +25,052 +5%
Dimensional Fund Advisors
33
Dimensional Fund Advisors
Texas
$57.2M -$36.3M -300,057 -39%
FAM
34
Fred Alger Management
New York
$54.5M +$22.6M +186,668 +74%
EA
35
Emerald Advisers
Pennsylvania
$51.2M -$817K -6,751 -2%
Westfield Capital Management
36
Westfield Capital Management
Massachusetts
$49.6M +$24.7M +204,195 +105%
Morgan Stanley
37
Morgan Stanley
New York
$48.5M +$12.6M +104,066 +36%
Bank of America
38
Bank of America
North Carolina
$48.2M -$5.27M -43,521 -10%
EMFAT
39
Emerald Mutual Fund Advisers Trust
Pennsylvania
$46.2M
Point72 Asset Management
40
Point72 Asset Management
Connecticut
$44.9M +$40.1M +331,033 +1,103%
Franklin Resources
41
Franklin Resources
California
$42.8M +$5.33M +43,986 +15%
WRF
42
Waddell & Reed Financial
Kansas
$38.5M -$75.1K -620 -0.2%
JMPWA
43
JP Morgan Private Wealth Advisors
California
$35.3M +$461K +3,807 +1%
AI
44
Advent International
Massachusetts
$34.2M
Millennium Management
45
Millennium Management
New York
$31.5M +$23M +189,627 +298%
Squarepoint
46
Squarepoint
New York
$31.1M +$8.61M +71,083 +40%
Principal Financial Group
47
Principal Financial Group
Iowa
$30.7M -$173K -1,426 -0.6%
American Century Companies
48
American Century Companies
Missouri
$30.2M -$30.6M -252,561 -51%
Neuberger Berman Group
49
Neuberger Berman Group
New York
$30.2M -$253K -2,088 -0.9%
AQR Capital Management
50
AQR Capital Management
Connecticut
$28.6M -$7.37M -60,886 -21%

FIVE Hedge Fund Activity: Q1 2019 in Review

442 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2019, worth a combined $6.69B — up 23% from $5.43B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new FIVE positions and 41 closed out — a net gain of 42 holders — while 146 added to existing stakes and 154 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was Citadel Advisors, cutting an estimated $69.5M.

  • 442 institutional investors held Five Below (FIVE) as of Q1 2019, up from 403 in Q4 2018.
  • Funds reported $6.69B of Five Below stock for Q1 2019, up 23% quarter-over-quarter.
  • 83 funds opened new Five Below positions in Q1 2019 and 41 closed out, a net change of +42 holders.
  • The largest Five Below buyer in Q1 2019 was Fidelity Investments, an estimated $147M added.
  • The largest Five Below seller in Q1 2019 was Citadel Advisors, an estimated $69.5M sold.

Based on aggregated 13F filings for Q1 2019.