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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
D.E. Shaw & Co
101
D.E. Shaw & Co
New York
$5.12M +$6.31M +45,577 +3,183%
State of Wisconsin Investment Board
102
State of Wisconsin Investment Board
Wisconsin
$4.97M -$875K -6,315 -12%
FCM
103
Frontier Capital Management
Massachusetts
$4.85M -$3.4M -24,556 -36%
HSBC Holdings
104
HSBC Holdings
United Kingdom
$4.66M +$5.6M +40,404 +1,501%
VOYA Investment Management
105
VOYA Investment Management
Georgia
$4.57M -$71K -513 -1%
Canada Life
106
Canada Life
Manitoba, Canada
$4.51M +$455K +3,288 +9%
F1I
107
Fund 1 Investments
Puerto Rico
$4.47M +$5.68M +41,028 New
US Bancorp
108
US Bancorp
Minnesota
$4.39M +$86.5K +625 +2%
BMSSC
109
B. Metzler seel. Sohn & Co
Germany
$4.32M +$1.6M +11,541 +41%
ICM
110
Invenomic Capital Management
Massachusetts
$4.15M +$5.28M +38,114 New
New York State Common Retirement Fund
111
New York State Common Retirement Fund
New York
$3.89M -$5.3M -38,242 -52%
Stifel Financial
112
Stifel Financial
Missouri
$3.89M -$170K -1,230 -3%
VF
113
Virtu Financial
New York
$3.87M +$4.92M +35,532 New
Wellington Management Group
114
Wellington Management Group
Massachusetts
$3.73M -$13.4M -97,060 -74%
Qube Research & Technologies (QRT)
115
Qube Research & Technologies (QRT)
United Kingdom
$3.71M -$33M -238,644 -88%
UBS Group
116
UBS Group
Switzerland
$3.69M +$805K +5,812 +21%
William Blair Investment Management
117
William Blair Investment Management
Illinois
$3.68M -$132M -956,214 -97%
MC
118
Montag & Caldwell
Georgia
$3.49M -$1.41M -10,205 -24%
BAM
119
Bullseye Asset Management
Colorado
$3.49M
Janus Henderson Group
120
Janus Henderson Group
United Kingdom
$3.47M +$228K +1,645 +5%
AB
121
Amalgamated Bank
New York
$3.46M +$142K +1,025 +3%
LCM
122
Logan Capital Management
Pennsylvania
$3.41M -$45.1K -326 -1%
MIM
123
MetLife Investment Management
New Jersey
$3.38M -$211K -1,526 -5%
BNP Paribas Financial Markets
124
BNP Paribas Financial Markets
France
$3.34M +$2.37M +17,080 +126%
National Bank of Canada
125
National Bank of Canada
Quebec, Canada
$3.34M +$324K +2,340 +8%

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.