Five Below
FIVE
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.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+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: 462 → 402 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$109M |
| 2 |
D.E. Shaw & Co
New York
|
+$108M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$98.2M |
| 4 |
SC
Samlyn Capital
New York
|
+$88.9M |
| 5 |
AM
Atreides Management
Boston,
Massachusetts
|
+$65.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$248M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$121M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$120M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$98.6M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$92.6M |
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.