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Five Below

402 hedge funds and large institutions have $5.05B invested in Five Below in 2024 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 117 increasing their positions, 167 reducing their positions, and 130 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

15% more call options, than puts

Call options by funds: $371M | Put options by funds: $322M

1.81% less ownership

Funds ownership: 105.63%103.82% (-1.8%)

13% less funds holding

Funds holding: 462402 (-60)

20% less capital invested

Capital invested by funds: $6.33B → $5.05B (-$1.29B)

30% less repeat investments, than reductions

Existing positions increased: 117 | Existing positions reduced: 167

45% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 130

Holders
402
Holders Change
-60
Holders Change %
-12.99%
% of All Funds
5.77%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.09%
New
71
Increased
117
Reduced
167
Closed
130
Calls
$371M
Puts
$322M
Net Calls
+$48.6M
Net Calls Change
-$16.8M
Name Holding Trade Value Shares
Change
Change in
Stake
SCA
76
Summit Creek Advisors
Minnesota
$8.58M -$45.8K -544 -0.6%
AllianceBernstein
77
AllianceBernstein
Tennessee
$8.53M +$1.93M +22,861 +31%
BFM
78
Boothbay Fund Management
New York
$8.02M +$7.64M +90,725 New
ACM
79
Aquatic Capital Management
Illinois
$7.83M +$6.74M +80,000 +930%
TAM
80
Tabor Asset Management
New York
$7.2M +$6.86M +81,481 New
National Bank of Canada
81
National Bank of Canada
Quebec, Canada
$6.96M +$4.04M +47,940 +155%
UBS Group
82
UBS Group
Switzerland
$6.59M +$3.44M +40,781 +120%
California Public Employees Retirement System
83
California Public Employees Retirement System
California
$6.59M -$146K -1,733 -2%
SAIG
84
Semper Augustus Investments Group
Colorado
$6.55M +$654K +7,759 +12%
First Trust Advisors
85
First Trust Advisors
Illinois
$6.49M +$5.85M +69,474 +1,729%
OAM
86
Oppenheimer Asset Management
New York
$5.99M -$1.89M -22,419 -25%
Deutsche Bank
87
Deutsche Bank
Germany
$5.84M +$3.7M +43,908 +198%
CF
88
Corebridge Financial
Texas
$5.8M -$396K -4,705 -7%
William Blair & Company
89
William Blair & Company
Illinois
$5.61M -$635K -7,541 -11%
RJA
90
Raymond James & Associates
Florida
$5.41M -$2.51M -29,818 -33%
CCM
91
Cinctive Capital Management
New York
$5.4M +$5.15M +61,175 New
FAM
92
Fred Alger Management
New York
$5.18M +$4.94M +58,673 New
ECM
93
ExodusPoint Capital Management
New York
$4.69M +$4.48M +53,129 New
New York State Teachers Retirement System (NYSTRS)
94
New York State Teachers Retirement System (NYSTRS)
New York
$4.62M -$16.8K -200 -0.4%
California State Teachers Retirement System (CalSTRS)
95
California State Teachers Retirement System (CalSTRS)
California
$4.6M -$151K -1,797 -3%
State Board of Administration of Florida Retirement System
96
State Board of Administration of Florida Retirement System
Florida
$4.48M
MOACM
97
Mutual of America Capital Management
New York
$4.27M -$179K -2,122 -4%
TCG
98
Tremblant Capital Group
Florida
$4.12M -$1.09M -12,960 -22%
Canada Life
99
Canada Life
Manitoba, Canada
$3.99M +$313K +3,713 +9%
Ohio Public Employees Retirement System (OPERS)
100
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.93M -$217K -2,571 -5%

FIVE Hedge Fund Activity: Q3 2024 in Review

402 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2024, worth a combined $5.05B — down 20% from $6.33B a quarter earlier.

Sellers outnumbered buyers: 130 funds closed out of FIVE and 71 opened new positions — a net loss of 59 holders — while 167 trimmed existing stakes and 117 added.

The largest buyer was Fidelity International, adding an estimated $109M. The largest seller was Montrusco Bolton Investments, exiting entirely with an estimated $248M sold.

  • 402 institutional investors held Five Below (FIVE) as of Q3 2024, down from 462 in Q2 2024.
  • Funds reported $5.05B of Five Below stock for Q3 2024, down 20% quarter-over-quarter.
  • 71 funds opened new Five Below positions in Q3 2024 and 130 closed out, a net change of -59 holders.
  • The largest Five Below buyer in Q3 2024 was Fidelity International, an estimated $109M added.
  • The largest Five Below seller in Q3 2024 was Montrusco Bolton Investments, an estimated $248M sold.

Based on aggregated 13F filings for Q3 2024.