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Five Below

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.

New
Increased
Maintained
Reduced
Closed

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: 402413 (+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: 118 (-3)

Holders
413
Holders Change
+11
Holders Change %
+2.74%
% of All Funds
8.14%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.16%
New
66
Increased
147
Reduced
139
Closed
45
Calls
$267M
Puts
$233M
Net Calls
+$33.2M
Net Calls Change
-$124M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$80.8M +$3.09M +24,643 +4%
FAM
27
Fred Alger Management
New York
$79.7M +$30M +239,224 +62%
Westfield Capital Management
28
Westfield Capital Management
Massachusetts
$75.2M +$10.6M +84,432 +17%
AI
29
Advent International
Massachusetts
$73.9M +$18.1M +144,629 +33%
1832 Asset Management
30
1832 Asset Management
Ontario, Canada
$73.9M -$6.24M -49,800 -8%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$71.3M -$959K -7,653 -1%
Bank of America
32
Bank of America
North Carolina
$70.6M -$3.24M -25,873 -4%
Invesco
33
Invesco
Georgia
$70M -$741K -5,917 -1%
Franklin Resources
34
Franklin Resources
California
$68.4M +$12.1M +96,243 +22%
Baird Financial Group
35
Baird Financial Group
Wisconsin
$66.4M +$14.8M +118,102 +29%
Northern Trust
36
Northern Trust
Illinois
$65.9M -$409K -3,268 -0.6%
MWNA
37
Marshall Wace North America
New York
$64.9M +$10.6M +84,242 +20%
Norges Bank
38
Norges Bank
Norway
$61.7M
SIMG
39
Stephens Investment Management Group
Texas
$61.4M +$17.3M +137,865 +40%
Charles Schwab
40
Charles Schwab
California
$51M +$953K +7,607 +2%
Goldman Sachs
41
Goldman Sachs
New York
$49.8M -$16.4M -130,969 -25%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$49.8M +$629K +5,025 +1%
N
43
Nuveen
North Carolina
$44.2M -$5.14M -41,055 -11%
Thrivent Financial for Lutherans
44
Thrivent Financial for Lutherans
Minnesota
$43.8M +$13.5M +108,119 +46%
EA
45
Emerald Advisers
Pennsylvania
$35.8M -$9.33M -74,508 -21%
T. Rowe Price Associates
46
T. Rowe Price Associates
Maryland
$35.7M +$1.8M +14,371 +5%
Balyasny Asset Management
47
Balyasny Asset Management
Illinois
$34.7M +$31M +247,118 +1,024%
EMFAT
48
Emerald Mutual Fund Advisers Trust
Pennsylvania
$33.9M -$10.2M -81,538 -24%
US Bancorp
49
US Bancorp
Minnesota
$33.5M +$2.04M +16,283 +7%
JMPWA
50
JP Morgan Private Wealth Advisors
California
$31.8M -$2.86M -22,831 -8%

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.