Five Below
FIVE
440 hedge funds and large institutions have $10.3B invested in Five Below in 2020 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 141 increasing their positions, 168 reducing their positions, and 41 closing their positions.
110% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 41
40% more call options, than puts
Call options by funds: $276M | Put options by funds: $196M
35% more capital invested
Capital invested by funds: $7.64B → $10.3B (+$2.64B)
11% more funds holding
Funds holding: 398 → 440 (+42)
3.13% less ownership
Funds ownership: 108.51% → 105.38% (-3.1%)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
16% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 168
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$113M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$47.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$34.8M |
| 4 |
RCW
Rheos Capital Works
Tokyo,
Japan
|
+$27.2M |
| 5 |
MC
Montag & Caldwell
Atlanta,
Georgia
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$154M |
| 2 |
Holocene Advisors
New York
|
-$59.6M |
| 3 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$53.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$38.1M |
FIVE Hedge Fund Activity: Q4 2020 in Review
440 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2020, worth a combined $10.3B — up 35% from $7.64B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new FIVE positions and 41 closed out — a net gain of 45 holders — while 141 added to existing stakes and 168 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $113M. The largest seller was Wellington Management Group, cutting an estimated $154M.
- 440 institutional investors held Five Below (FIVE) as of Q4 2020, up from 398 in Q3 2020.
- Funds reported $10.3B of Five Below stock for Q4 2020, up 35% quarter-over-quarter.
- 86 funds opened new Five Below positions in Q4 2020 and 41 closed out, a net change of +45 holders.
- The largest Five Below buyer in Q4 2020 was 1832 Asset Management, an estimated $113M added.
- The largest Five Below seller in Q4 2020 was Wellington Management Group, an estimated $154M sold.
Based on aggregated 13F filings for Q4 2020.