We are live on ! Find out more
FIVE icon

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
Citadel Advisors
76
Citadel Advisors
Florida
$22.2M -$73M -370,629 -77%
California Public Employees Retirement System
77
California Public Employees Retirement System
California
$22.1M -$2.52M -12,821 -11%
New York State Common Retirement Fund
78
New York State Common Retirement Fund
New York
$21.8M -$10.3M -52,344 -33%
Retirement Systems of Alabama
79
Retirement Systems of Alabama
Alabama
$21.4M -$1.27M -6,424 -6%
OAM
80
Oppenheimer Asset Management
New York
$19.4M -$3.12M -15,835 -14%
PI
81
Putnam Investments
Massachusetts
$19M -$208K -1,058 -1%
Lazard Asset Management
82
Lazard Asset Management
New York
$18.4M -$5.28M -26,796 -23%
Federated Hermes
83
Federated Hermes
Pennsylvania
$17.9M +$15.5M +78,491 +939%
CCM
84
Crestwood Capital Management
New York
$17.7M +$1.63M +8,290 +11%
AIG
85
American International Group
New York
$17.7M -$158K -803 -0.9%
RJA
86
Raymond James & Associates
Florida
$17.5M +$1.98M +10,053 +13%
First Trust Advisors
87
First Trust Advisors
Illinois
$16.1M +$7.53M +38,222 +96%
UBS AM
88
UBS AM
Illinois
$16M -$1.85M -9,402 -11%
CS
89
Credit Suisse
Switzerland
$15.7M +$716K +3,638 +5%
SCA
90
Summit Creek Advisors
Minnesota
$15.4M +$109K +556 +0.7%
Polen Capital Management
91
Polen Capital Management
Florida
$15.3M -$3.18M -16,163 -18%
CFM
92
Coronation Fund Managers
South Africa
$14.9M -$685K -3,479 -5%
KCM
93
Kornitzer Capital Management
Kansas
$14.7M -$1.52M -7,705 -10%
California State Teachers Retirement System (CalSTRS)
94
California State Teachers Retirement System (CalSTRS)
California
$14.3M -$200K -1,014 -1%
MOACM
95
Mutual of America Capital Management
New York
$14.1M -$348K -1,766 -3%
Jane Street
96
Jane Street
New York
$14.1M +$3.35M +17,023 +33%
WCM Investment Management
97
WCM Investment Management
California
$13.8M -$3.06M -15,519 -19%
CCM
98
Cinctive Capital Management
New York
$13.3M +$12.7M +64,592 New
PCM
99
Peregrine Capital Management
Minnesota
$13M +$361K +1,833 +3%
Natixis Advisors
100
Natixis Advisors
Massachusetts
$12.9M +$675K +3,426 +6%

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.