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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
Principal Financial Group
51
Principal Financial Group
Iowa
$20.1M -$3.38M -24,428 -12%
Capital Fund Management (CFM)
52
Capital Fund Management (CFM)
France
$19.6M +$23.1M +166,538 +1,256%
Cerity Partners
53
Cerity Partners
New York
$18.9M -$1.59M -11,496 -6%
CIBC Private Wealth Group
54
CIBC Private Wealth Group
Georgia
$18.2M -$162K -1,167 -0.7%
RhumbLine Advisers
55
RhumbLine Advisers
Massachusetts
$17M -$356K -2,569 -2%
AM
56
Ampfield Management
New York
$16.9M
GPGA
57
Grandeur Peak Global Advisors
Utah
$16.6M +$8.24M +59,533 +64%
UBS AM
58
UBS AM
Illinois
$15.2M +$5.82M +42,060 +43%
Goldman Sachs
59
Goldman Sachs
New York
$13.7M -$45.7M -330,088 -72%
CCM
60
Crestwood Capital Management
New York
$13.3M +$1.46M +10,536 +9%
N
61
Nuveen
North Carolina
$12.5M -$1.31M -9,466 -8%
Loomis, Sayles & Company
62
Loomis, Sayles & Company
Massachusetts
$12.2M -$4.98M -35,929 -24%
WCM Investment Management
63
WCM Investment Management
California
$12M +$221K +1,598 +1%
ACH
64
ArrowMark Colorado Holdings
Colorado
$12M +$15.2M +110,004 New
Swiss National Bank
65
Swiss National Bank
Switzerland
$11.8M -$41.5K -300 -0.3%
CSS
66
Cubist Systematic Strategies
Connecticut
$11.3M +$14.4M +103,783 New
Retirement Systems of Alabama
67
Retirement Systems of Alabama
Alabama
$11.2M -$165K -1,188 -1%
Verition Fund Management
68
Verition Fund Management
Connecticut
$11.1M +$8.81M +63,649 +167%
Walleye Capital
69
Walleye Capital
New York
$11M -$2.2M -15,889 -14%
Legal & General Group
70
Legal & General Group
United Kingdom
$11M -$55.5K -401 -0.4%
SCA
71
Summit Creek Advisors
Minnesota
$10.6M +$2.25M +16,274 +20%
JGC
72
J. Goldman & Co
New York
$10.5M +$13.4M +96,547 New
RJA
73
Raymond James & Associates
Florida
$9.92M +$1.41M +10,162 +13%
OAM
74
Oppenheimer Asset Management
New York
$9.83M +$2.37M +17,093 +23%
CP
75
CenterBook Partners
Connecticut
$9.49M +$11.5M +83,185 +2,131%

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.