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Five Below

425 hedge funds and large institutions have $8.28B invested in Five Below in 2022 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 158 increasing their positions, 158 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more funds holding in top 10

Funds holding in top 10: 819 (+11)

25% more capital invested

Capital invested by funds: $6.63B → $8.28B (+$1.65B)

15% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 53

3.13% more ownership

Funds ownership: 105.27%108.39% (+3.1%)

0% more funds holding

Funds holding: 423425 (+2)

0% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 158

29% less call options, than puts

Call options by funds: $175M | Put options by funds: $248M

Holders
425
Holders Change
+2
Holders Change %
+0.47%
% of All Funds
7.32%
Holding in Top 10
19
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+137.5%
% of All Funds
0.33%
New
61
Increased
158
Reduced
158
Closed
53
Calls
$175M
Puts
$248M
Net Calls
-$73M
Net Calls Change
-$37.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
26
Bank of New York Mellon
New York
$71.4M -$178K -1,355 -0.3%
Franklin Resources
27
Franklin Resources
California
$71.3M -$17.3M -131,486 -20%
TCG
28
Tremblant Capital Group
Florida
$70.9M -$14.4M -109,605 -18%
SCM
29
Spyglass Capital Management
California
$70.9M -$11.5M -87,373 -15%
FMI
30
Fiduciary Management Inc
Wisconsin
$70.7M -$318K -2,418 -0.5%
Northern Trust
31
Northern Trust
Illinois
$67.3M -$220K -1,679 -0.3%
Westfield Capital Management
32
Westfield Capital Management
Massachusetts
$61.8M -$25.9M -196,976 -31%
Wellington Management Group
33
Wellington Management Group
Massachusetts
$60.8M -$14.2M -108,200 -20%
Dimensional Fund Advisors
34
Dimensional Fund Advisors
Texas
$54.1M +$543K +4,137 +1%
Baird Financial Group
35
Baird Financial Group
Wisconsin
$52M +$12.2M +92,594 +32%
Charles Schwab
36
Charles Schwab
California
$51.2M +$1.85M +14,111 +4%
Allspring Global Investments
37
Allspring Global Investments
North Carolina
$45M -$10.2M -77,725 -19%
N
38
Nuveen
North Carolina
$43.5M -$2.35M -17,868 -5%
Bank of America
39
Bank of America
North Carolina
$43M +$2.45M +18,639 +6%
ClearBridge Investments
40
ClearBridge Investments
New York
$42M +$635K +4,833 +2%
CTB
41
Country Trust Bank
Illinois
$41.4M +$629K +4,790 +2%
EVM
42
Eaton Vance Management
Massachusetts
$41.4M +$4.14M +31,561 +12%
AI
43
Advent International
Massachusetts
$40.3M
SIMG
44
Stephens Investment Management Group
Texas
$37.4M +$6.47M +49,297 +22%
Norges Bank
45
Norges Bank
Norway
$33.1M -$7.08M -53,920 -18%
JMPWA
46
JP Morgan Private Wealth Advisors
California
$32.7M +$221K +1,686 +0.7%
SAM
47
Scopus Asset Management
New York
$32.7M +$29.2M +222,123 +1,445%
MCM
48
Maryland Capital Management
Maryland
$30.4M -$415K -3,160 -1%
Thrivent Financial for Lutherans
49
Thrivent Financial for Lutherans
Minnesota
$29.9M +$1.09M +8,339 +4%
Principal Financial Group
50
Principal Financial Group
Iowa
$29.8M -$496K -3,775 -2%

FIVE Hedge Fund Activity: Q3 2022 in Review

425 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2022, worth a combined $8.28B — up 25% from $6.63B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new FIVE positions and 53 closed out — a net gain of 8 holders — while 158 added to existing stakes and 158 trimmed.

The largest buyer was Fidelity International, adding an estimated $95.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $269M.

  • 425 institutional investors held Five Below (FIVE) as of Q3 2022, up from 423 in Q2 2022.
  • Funds reported $8.28B of Five Below stock for Q3 2022, up 25% quarter-over-quarter.
  • 61 funds opened new Five Below positions in Q3 2022 and 53 closed out, a net change of +8 holders.
  • The largest Five Below buyer in Q3 2022 was Fidelity International, an estimated $95.1M added.
  • The largest Five Below seller in Q3 2022 was T. Rowe Price Associates, an estimated $269M sold.

Based on aggregated 13F filings for Q3 2022.