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Five Below

335 hedge funds and large institutions have $4.12B invested in Five Below in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 120 increasing their positions, 128 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $114M | Put options by funds: $102M

2.73% more ownership

Funds ownership: 102.83%105.56% (+2.7%)

6% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 128

19% less funds holding

Funds holding: 413335 (-78)

44% less capital invested

Capital invested by funds: $7.32B → $4.12B (-$3.2B)

58% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 129

63% less funds holding in top 10

Funds holding in top 10: 83 (-5)

Holders
335
Holders Change
-78
Holders Change %
-18.89%
% of All Funds
7.38%
Holding in Top 10
3
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-62.5%
% of All Funds
0.07%
New
54
Increased
120
Reduced
128
Closed
129
Calls
$114M
Puts
$102M
Net Calls
+$11.6M
Net Calls Change
-$21.6M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
101
JP Morgan Chase
New York
$4.4M -$2.89M -28,355 -31%
EVM
102
Eaton Vance Management
Massachusetts
$4.09M +$5.91M +58,107 New
Susquehanna International Group
103
Susquehanna International Group
Pennsylvania
$4.06M -$405K -3,976 -6%
Comerica Bank
104
Comerica Bank
Texas
$3.55M -$132K -1,295 -3%
BGC
105
Blue Grotto Capital
Georgia
$3.52M +$5.09M +50,000 New
Citigroup
106
Citigroup
New York
$3.44M +$1.62M +15,883 +48%
SAM
107
Silvercrest Asset Management
New York
$3.4M +$734K +7,211 +18%
TPSF
108
Texas Permanent School Fund
Texas
$3.33M +$946K +9,295 +24%
State of New Jersey Common Pension Fund D
109
State of New Jersey Common Pension Fund D
New Jersey
$3.18M
Truist Financial
110
Truist Financial
North Carolina
$3.12M -$103K -1,016 -2%
New York State Teachers Retirement System (NYSTRS)
111
New York State Teachers Retirement System (NYSTRS)
New York
$3.12M -$356K -3,500 -7%
UB
112
UMB Bank
Missouri
$2.99M +$3.54M +34,812 +455%
CS
113
Credit Suisse
Switzerland
$2.98M -$880K -8,647 -17%
Nordea Investment Management
114
Nordea Investment Management
Sweden
$2.98M +$187K +1,835 +5%
QIM
115
Quantitative Investment Management
Virginia
$2.95M +$4.27M +41,976 New
Prudential Financial
116
Prudential Financial
New Jersey
$2.91M +$188K +1,849 +5%
GI
117
Gradient Investments
Minnesota
$2.9M +$1.6M +15,707 +62%
BPGAM
118
BTG Pactual Global Asset Management
Bermuda
$2.74M +$1.6M +15,743 +68%
TD Asset Management
119
TD Asset Management
Ontario, Canada
$2.69M +$3.56M +35,000 +1,064%
Squarepoint
120
Squarepoint
New York
$2.46M -$18.9M -185,462 -84%
MIM
121
MetLife Investment Management
New Jersey
$2.25M
Canada Pension Plan Investment Board
122
Canada Pension Plan Investment Board
Ontario, Canada
$2.2M +$3.18M +31,285 New
SC
123
Shellback Capital
Massachusetts
$2.11M -$14.8M -145,000 -83%
BRA
124
Bender Robert & Associates
California
$2.1M -$112K -1,102 -4%
MSA
125
Mason Street Advisors
Wisconsin
$2.08M

FIVE Hedge Fund Activity: Q1 2020 in Review

335 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2020, worth a combined $4.12B — down 44% from $7.32B a quarter earlier.

Sellers outnumbered buyers: 129 funds closed out of FIVE and 54 opened new positions — a net loss of 75 holders — while 128 trimmed existing stakes and 120 added.

The largest buyer was Capital World Investors, adding an estimated $191M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $210M sold.

  • 335 institutional investors held Five Below (FIVE) as of Q1 2020, down from 413 in Q4 2019.
  • Funds reported $4.12B of Five Below stock for Q1 2020, down 44% quarter-over-quarter.
  • 54 funds opened new Five Below positions in Q1 2020 and 129 closed out, a net change of -75 holders.
  • The largest Five Below buyer in Q1 2020 was Capital World Investors, an estimated $191M added.
  • The largest Five Below seller in Q1 2020 was Winslow Capital Management, an estimated $210M sold.

Based on aggregated 13F filings for Q1 2020.