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Five Below

496 hedge funds and large institutions have $12.1B invested in Five Below in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 147 increasing their positions, 207 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 49

16% more capital invested

Capital invested by funds: $10.4B → $12.1B (+$1.69B)

3% more funds holding

Funds holding: 481496 (+15)

7% less call options, than puts

Call options by funds: $174M | Put options by funds: $188M

1.52% less ownership

Funds ownership: 106.95%105.43% (-1.5%)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

29% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 207

Holders
496
Holders Change
+15
Holders Change %
+3.12%
% of All Funds
7.9%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.25%
New
74
Increased
147
Reduced
207
Closed
49
Calls
$174M
Puts
$188M
Net Calls
-$14M
Net Calls Change
+$45M
Name Holding Trade Value Shares
Change
Change in
Stake
WCA
501
Waratah Capital Advisors
Ontario, Canada
-$12.9M -72,900 Closed
Adage Capital Partners
502
Adage Capital Partners
Massachusetts
-$7.07M -40,000 Closed
FG
503
Formula Growth
Quebec, Canada
-$6.86M -38,802 Closed
Walleye Capital
504
Walleye Capital
New York
-$1.52M -8,613 Closed
CC
505
Cipher Capital
New York
-$1.45M -8,214 Closed
PAS
506
Park Avenue Securities
New York
-$1.31M -7,404 Closed
NFAM
507
North Fourth Asset Management
New Jersey
-$1.24M -7,000 Closed
PMEF
508
Point72 Middle East FZE
United Arab Emirates
-$1.18M -6,684 Closed
ADIM
509
Alpha DNA Investment Management
Maryland
-$1.03M -5,832 Closed
BCM
510
Bayesian Capital Management
New York
-$1.01M -5,700 Closed
BC
511
Bridgefront Capital
Texas
-$925K -5,229 Closed
CP
512
Cumberland Partners
Ontario, Canada
-$796K -4,500 Closed
VF
513
Virtu Financial
New York
-$722K -4,085 Closed
IP
514
Interval Partners
New York
-$594K -3,360 Closed
M1FG
515
Mach-1 Financial Group
Arkansas
-$526K -2,974 Closed
BA
516
Bridgewater Associates
Connecticut
-$525K -2,970 Closed
UCFA
517
United Capital Financial Advisors
Texas
-$518K -2,929 Closed
SPM
518
Symmetry Peak Management
Pennsylvania
-$460K -2,600 Closed
GCP
519
GSA Capital Partners
United Kingdom
-$360K -2,036 Closed
STA
520
Summit Trail Advisors
New York
-$315K -1,781 Closed
SWM
521
Sendero Wealth Management
Texas
-$273K -1,541 Closed
Group One Trading
522
Group One Trading
Illinois
-$292K -1,481 Closed
RP
523
Riverwater Partners
Wisconsin
-$259K -1,462 Closed
BPA
524
Beacon Pointe Advisors
California
-$250K -1,414 Closed
TCM
525
Teza Capital Management
Illinois
-$227K -1,286 Closed

FIVE Hedge Fund Activity: Q1 2023 in Review

496 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2023, worth a combined $12.1B — up 16% from $10.4B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new FIVE positions and 49 closed out — a net gain of 25 holders — while 147 added to existing stakes and 207 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $737M. The largest seller was Fidelity Investments, cutting an estimated $256M.

  • 496 institutional investors held Five Below (FIVE) as of Q1 2023, up from 481 in Q4 2022.
  • Funds reported $12.1B of Five Below stock for Q1 2023, up 16% quarter-over-quarter.
  • 74 funds opened new Five Below positions in Q1 2023 and 49 closed out, a net change of +25 holders.
  • The largest Five Below buyer in Q1 2023 was T. Rowe Price Associates, an estimated $737M added.
  • The largest Five Below seller in Q1 2023 was Fidelity Investments, an estimated $256M sold.

Based on aggregated 13F filings for Q1 2023.