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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
California Public Employees Retirement System
76
California Public Employees Retirement System
California
$8.31M -$58.4K -422 -0.6%
Man Group
77
Man Group
United Kingdom
$8.13M -$21.8M -157,209 -68%
AllianceBernstein
78
AllianceBernstein
Tennessee
$8.03M -$112M -805,470 -92%
Russell Investments Group
79
Russell Investments Group
United Kingdom
$7.97M +$337K +2,437 +3%
William Blair & Company
80
William Blair & Company
Illinois
$7.74M +$2.85M +20,593 +41%
CF
81
Corebridge Financial
Texas
$7.66M +$9.74M +70,333 New
SAIG
82
Semper Augustus Investments Group
Colorado
$7.23M +$9.19M +66,384 New
PCM
83
Peregrine Capital Management
Minnesota
$6.75M +$870K +6,283 +11%
TP
84
Teca Partners
Texas
$6.57M +$501K +3,619 +6%
TCG
85
Tremblant Capital Group
Florida
$6.5M -$4.61M -33,317 -36%
Wells Fargo
86
Wells Fargo
California
$6.28M +$3.02M +21,809 +61%
KCM
87
Kornitzer Capital Management
Kansas
$6.03M
Renaissance Technologies
88
Renaissance Technologies
New York
$5.98M +$7.61M +54,919 New
California State Teachers Retirement System (CalSTRS)
89
California State Teachers Retirement System (CalSTRS)
California
$5.87M -$187K -1,349 -2%
SBH
90
Segall Bryant & Hamill
Illinois
$5.81M +$539K +3,889 +8%
New York State Teachers Retirement System (NYSTRS)
91
New York State Teachers Retirement System (NYSTRS)
New York
$5.71M -$13.8K -100 -0.2%
Ensign Peak Advisors
92
Ensign Peak Advisors
Utah
$5.61M +$2.82M +20,375 +66%
RIM
93
Ranger Investment Management
Texas
$5.57M +$7.07M +51,080 +111,043%
CIC
94
Chilton Investment Company
Connecticut
$5.54M +$7.04M +50,811 New
State Board of Administration of Florida Retirement System
95
State Board of Administration of Florida Retirement System
Florida
$5.52M -$1.26M -9,084 -15%
YIH
96
Y-Intercept (HK)
Hong Kong
$5.52M +$5.92M +42,743 +541%
MOACM
97
Mutual of America Capital Management
New York
$5.5M -$259K -1,871 -4%
JF
98
Jump Financial
Illinois
$5.41M +$6.87M +49,621 New
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.18M +$104K +749 +2%
Ohio Public Employees Retirement System (OPERS)
100
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.12M -$26.9K -194 -0.4%

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.