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Five Below

425 hedge funds and large institutions have $8.28B invested in Five Below in 2022 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 158 increasing their positions, 158 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more funds holding in top 10

Funds holding in top 10: 819 (+11)

25% more capital invested

Capital invested by funds: $6.63B → $8.28B (+$1.65B)

15% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 53

3.13% more ownership

Funds ownership: 105.27%108.39% (+3.1%)

0% more funds holding

Funds holding: 423425 (+2)

0% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 158

29% less call options, than puts

Call options by funds: $175M | Put options by funds: $248M

Holders
425
Holders Change
+2
Holders Change %
+0.47%
% of All Funds
7.32%
Holding in Top 10
19
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+137.5%
% of All Funds
0.33%
New
61
Increased
158
Reduced
158
Closed
53
Calls
$175M
Puts
$248M
Net Calls
-$73M
Net Calls Change
-$37.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
76
Royal Bank of Canada
Ontario, Canada
$16.1M -$135K -1,030 -0.9%
OAM
77
Oppenheimer Asset Management
New York
$16.1M -$233K -1,774 -1%
Invesco
78
Invesco
Georgia
$15.5M -$224K -1,708 -1%
Polen Capital Management
79
Polen Capital Management
Florida
$15.2M +$3.78M +28,796 +35%
Retirement Systems of Alabama
80
Retirement Systems of Alabama
Alabama
$15.1M +$4.82M +36,719 +50%
KCM
81
Kornitzer Capital Management
Kansas
$14.6M +$4.08M +31,068 +41%
PCM
82
Penn Capital Management
Pennsylvania
$14.4M +$2.28M +17,383 +20%
CCM
83
Crestwood Capital Management
New York
$14.2M +$440K +3,352 +3%
WCM Investment Management
84
WCM Investment Management
California
$14M +$360K +2,738 +3%
Legal & General Group
85
Legal & General Group
United Kingdom
$13.7M -$244K -1,861 -2%
PI
86
Putnam Investments
Massachusetts
$13.3M -$76.4K -582 -0.6%
VOYA Investment Management
87
VOYA Investment Management
Georgia
$12.9M +$3.62M +27,589 +42%
Comerica Bank
88
Comerica Bank
Texas
$12.8M +$215K +1,639 +2%
AIG
89
American International Group
New York
$12.1M -$545K -4,147 -5%
UBS AM
90
UBS AM
Illinois
$11.5M -$847K -6,449 -7%
RCW
91
Rheos Capital Works
Japan
$11.5M +$4.86M +37,000 +80%
EA
92
Emerald Advisers
Pennsylvania
$10.8M -$151K -1,152 -1%
SCA
93
Summit Creek Advisors
Minnesota
$10.2M -$338K -2,571 -3%
DKCM
94
Davidson Kempner Capital Management
New York
$10.1M +$9.66M +73,579 New
RJA
95
Raymond James & Associates
Florida
$10.1M +$263K +2,002 +3%
PCM
96
Peregrine Capital Management
Minnesota
$9.61M +$1.52M +11,558 +20%
California State Teachers Retirement System (CalSTRS)
97
California State Teachers Retirement System (CalSTRS)
California
$9.57M -$232K -1,766 -2%
MOACM
98
Mutual of America Capital Management
New York
$9.54M -$1.95M -14,871 -18%
EMFAT
99
Emerald Mutual Fund Advisers Trust
Pennsylvania
$9.02M -$523K -3,980 -6%
Ensign Peak Advisors
100
Ensign Peak Advisors
Utah
$8.74M -$511K -3,891 -6%

FIVE Hedge Fund Activity: Q3 2022 in Review

425 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2022, worth a combined $8.28B — up 25% from $6.63B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new FIVE positions and 53 closed out — a net gain of 8 holders — while 158 added to existing stakes and 158 trimmed.

The largest buyer was Fidelity International, adding an estimated $95.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $269M.

  • 425 institutional investors held Five Below (FIVE) as of Q3 2022, up from 423 in Q2 2022.
  • Funds reported $8.28B of Five Below stock for Q3 2022, up 25% quarter-over-quarter.
  • 61 funds opened new Five Below positions in Q3 2022 and 53 closed out, a net change of +8 holders.
  • The largest Five Below buyer in Q3 2022 was Fidelity International, an estimated $95.1M added.
  • The largest Five Below seller in Q3 2022 was T. Rowe Price Associates, an estimated $269M sold.

Based on aggregated 13F filings for Q3 2022.