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Five Below

462 hedge funds and large institutions have $6.33B invested in Five Below in 2024 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 149 increasing their positions, 166 reducing their positions, and 111 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $262M | Put options by funds: $196M

1.22% less ownership

Funds ownership: 106.85%105.63% (-1.2%)

7% less funds holding

Funds holding: 499462 (-37)

10% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 166

27% less first-time investments, than exits

New positions opened: 81 | Existing positions closed: 111

41% less capital invested

Capital invested by funds: $10.7B → $6.33B (-$4.36B)

55% less funds holding in top 10

Funds holding in top 10: 115 (-6)

Holders
462
Holders Change
-37
Holders Change %
-7.41%
% of All Funds
6.67%
Holding in Top 10
5
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-54.55%
% of All Funds
0.07%
New
81
Increased
149
Reduced
166
Closed
111
Calls
$262M
Puts
$196M
Net Calls
+$65.4M
Net Calls Change
+$106M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
26
ClearBridge Investments
New York
$58.9M -$15.3M -110,676 -17%
Norges Bank
27
Norges Bank
Norway
$58.1M +$29.4M +212,621 +66%
Millennium Management
28
Millennium Management
New York
$58M +$30.6M +220,973 +71%
CAM
29
Cresset Asset Management
Illinois
$56.7M +$3.84M +27,724 +6%
PCI
30
Pacifica Capital Investments
Texas
$54.2M +$3.18M +22,960 +5%
Franklin Resources
31
Franklin Resources
California
$52M +$2.27M +16,396 +4%
Northern Trust
32
Northern Trust
Illinois
$51.2M +$6.17M +44,526 +10%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$49.1M -$245K -1,772 -0.4%
SCM
34
Spyglass Capital Management
California
$48.1M +$25.2M +182,218 +70%
Charles Schwab
35
Charles Schwab
California
$47.2M +$2.82M +20,358 +5%
Citadel Advisors
36
Citadel Advisors
Florida
$45.1M +$6.87M +49,578 +14%
Baird Financial Group
37
Baird Financial Group
Wisconsin
$40.6M -$3.43M -24,788 -6%
AI
38
Advent International
Massachusetts
$37.4M
GKIM
39
GW&K Investment Management
Massachusetts
$37.3M -$9.41M -67,940 -17%
EAM
40
Eagle Asset Management
Florida
$33.1M -$26M -188,063 -38%
Bank of America
41
Bank of America
North Carolina
$29.7M -$22.3M -160,711 -37%
AQR Capital Management
42
AQR Capital Management
Connecticut
$29.5M -$4.76M -34,343 -11%
CTB
43
Country Trust Bank
Illinois
$28.4M +$7.44M +53,752 +26%
SM
44
Sunriver Management
Connecticut
$25.7M +$32.6M +235,753 New
SEI Investments
45
SEI Investments
Pennsylvania
$25.3M +$1.11M +7,991 +4%
TD Asset Management
46
TD Asset Management
Ontario, Canada
$24.6M +$8.08M +58,382 +35%
Envestnet Asset Management
47
Envestnet Asset Management
Illinois
$23.5M -$1.53M -11,073 -5%
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
$22.8M +$13.1M +94,405 +82%
Jane Street
49
Jane Street
New York
$22M +$22.5M +162,160 +412%
Invesco
50
Invesco
Georgia
$21.1M +$10.1M +73,216 +61%

FIVE Hedge Fund Activity: Q2 2024 in Review

462 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2024, worth a combined $6.33B — down 41% from $10.7B a quarter earlier.

Sellers outnumbered buyers: 111 funds closed out of FIVE and 81 opened new positions — a net loss of 30 holders — while 166 trimmed existing stakes and 149 added.

The largest buyer was Wasatch Advisors, adding an estimated $124M. The largest seller was Artisan Partners, exiting entirely with an estimated $158M sold.

  • 462 institutional investors held Five Below (FIVE) as of Q2 2024, down from 499 in Q1 2024.
  • Funds reported $6.33B of Five Below stock for Q2 2024, down 41% quarter-over-quarter.
  • 81 funds opened new Five Below positions in Q2 2024 and 111 closed out, a net change of -30 holders.
  • The largest Five Below buyer in Q2 2024 was Wasatch Advisors, an estimated $124M added.
  • The largest Five Below seller in Q2 2024 was Artisan Partners, an estimated $158M sold.

Based on aggregated 13F filings for Q2 2024.