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Five Below

159 hedge funds and large institutions have $2.43B invested in Five Below in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

404% more call options, than puts

Call options by funds: $33.7M | Put options by funds: $6.68M

60% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 42

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

27% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 30

11% more capital invested

Capital invested by funds: $2.18B → $2.43B (+$243M)

5% more funds holding

Funds holding: 151159 (+8)

Holders
159
Holders Change
+8
Holders Change %
+5.3%
% of All Funds
4.62%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
38
Increased
67
Reduced
42
Closed
30
Calls
$33.7M
Puts
$6.68M
Net Calls
+$27M
Net Calls Change
+$21.1M
Name Holding Trade Value Shares
Change
Change in
Stake
TG
51
TCW Group
California
$5.23M -$1.46M -30,395 -20%
CS
52
Credit Suisse
Switzerland
$5.13M +$5.7M +118,841 New
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$4.63M +$1.49M +31,007 +41%
NTCOC
54
Northern Trust Company of Connecticut
Connecticut
$4.44M -$640K -13,357 -11%
OMC
55
Overbrook Management Corp
New York
$4.41M
CIP
56
Centerline Investment Partners
New York
$4.32M +$4.79M +100,000 New
Charles Schwab
57
Charles Schwab
California
$4.14M +$304K +6,338 +7%
American Century Companies
58
American Century Companies
Missouri
$4.07M +$2.59M +53,973 +134%
BIM
59
BlackRock Investment Management
Delaware
$3.9M -$103K -2,156 -2%
Credit Agricole
60
Credit Agricole
France
$3.41M +$1.03M +21,444 +37%
RFC
61
Russell Frank Company
Washington
$3.39M +$3.87M +80,619 +682%
MSA
62
Mason Street Advisors
Wisconsin
$3.14M +$360K +7,510 +12%
NFA
63
Nationwide Fund Advisors
Ohio
$3.12M +$230K +4,797 +7%
Citigroup
64
Citigroup
New York
$2.98M +$2.87M +59,851 +660%
California State Teachers Retirement System (CalSTRS)
65
California State Teachers Retirement System (CalSTRS)
California
$2.56M +$19.2K +400 +0.7%
TCM
66
Timpani Capital Management
Wisconsin
$2.17M +$951K +19,839 +65%
Alyeska Investment Group
67
Alyeska Investment Group
Illinois
$2.16M +$2.4M +50,000 New
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$2.02M +$752K +15,682 +50%
CCM
69
Cupps Capital Management
Illinois
$1.94M +$2.15M +44,815 +64,021%
PAM
70
Panagora Asset Management
Massachusetts
$1.91M -$429K -8,942 -17%
Janney Montgomery Scott
71
Janney Montgomery Scott
Pennsylvania
$1.84M -$37.9K -790 -2%
SCM
72
Sterling Capital Management
North Carolina
$1.77M +$1.97M +41,074 New
Susquehanna International Group
73
Susquehanna International Group
Pennsylvania
$1.69M -$369K -7,703 -16%
Swiss National Bank
74
Swiss National Bank
Switzerland
$1.67M
SB
75
Suntrust Banks
Georgia
$1.47M -$9.01K -188 -0.5%

FIVE Hedge Fund Activity: Q4 2013 in Review

159 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2013, worth a combined $2.43B — up 11% from $2.18B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new FIVE positions and 30 closed out — a net gain of 8 holders — while 67 added to existing stakes and 42 trimmed.

The largest buyer was Wells Fargo, adding an estimated $68.5M. The largest seller was Tremblant Capital Group, exiting entirely with an estimated $40.8M sold.

  • 159 institutional investors held Five Below (FIVE) as of Q4 2013, up from 151 in Q3 2013.
  • Funds reported $2.43B of Five Below stock for Q4 2013, up 11% quarter-over-quarter.
  • 38 funds opened new Five Below positions in Q4 2013 and 30 closed out, a net change of +8 holders.
  • The largest Five Below buyer in Q4 2013 was Wells Fargo, an estimated $68.5M added.
  • The largest Five Below seller in Q4 2013 was Tremblant Capital Group, an estimated $40.8M sold.

Based on aggregated 13F filings for Q4 2013.