Five Below
FIVE
275 hedge funds and large institutions have $3.35B invested in Five Below in 2017 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 112 increasing their positions, 84 reducing their positions, and 30 closing their positions.
158% more call options, than puts
Call options by funds: $47M | Put options by funds: $18.2M
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
33% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 84
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more capital invested
Capital invested by funds: $3.02B → $3.35B (+$324M)
1% more funds holding
Funds holding: 271 → 275 (+4)
0.62% less ownership
Funds ownership: 111.12% → 110.5% (-0.62%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$55.7M |
| 2 |
Renaissance Technologies
New York
|
+$42.6M |
| 3 |
Jennison Associates
New York
|
+$20.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$38.4M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$32.7M |
| 3 |
Morgan Stanley
New York
|
-$29.5M |
| 4 |
Millennium Management
New York
|
-$25.5M |
| 5 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$16.8M |
FIVE Hedge Fund Activity: Q3 2017 in Review
275 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2017, worth a combined $3.35B — up 11% from $3.02B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FIVE positions and 30 closed out — a net gain of 10 holders — while 112 added to existing stakes and 84 trimmed.
The largest buyer was Glenmede Trust, opening a new position worth an estimated $55.7M. The largest seller was Wells Fargo, cutting an estimated $38.4M.
- 275 institutional investors held Five Below (FIVE) as of Q3 2017, up from 271 in Q2 2017.
- Funds reported $3.35B of Five Below stock for Q3 2017, up 11% quarter-over-quarter.
- 40 funds opened new Five Below positions in Q3 2017 and 30 closed out, a net change of +10 holders.
- The largest Five Below buyer in Q3 2017 was Glenmede Trust, an estimated $55.7M added.
- The largest Five Below seller in Q3 2017 was Wells Fargo, an estimated $38.4M sold.
Based on aggregated 13F filings for Q3 2017.