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Five Below

423 hedge funds and large institutions have $6.11B invested in Five Below in 2024 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 139 increasing their positions, 127 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 62

41% more call options, than puts

Call options by funds: $323M | Put options by funds: $228M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

21% more capital invested

Capital invested by funds: $5.05B → $6.11B (+$1.07B)

5% more funds holding

Funds holding: 402423 (+21)

2.09% more ownership

Funds ownership: 103.82%105.92% (+2.1%)

9% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 127

Holders
423
Holders Change
+21
Holders Change %
+5.22%
% of All Funds
5.57%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
89
Increased
139
Reduced
127
Closed
62
Calls
$323M
Puts
$228M
Net Calls
+$94.2M
Net Calls Change
+$45.6M
Name Holding Trade Value Shares
Change
Change in
Stake
OAM
101
Oppenheimer Asset Management
New York
$6.42M -$626K -6,548 -10%
AIMCA
102
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$5.97M +$4.2M +43,935 +340%
National Bank of Canada
103
National Bank of Canada
Quebec, Canada
$5.81M -$2.25M -23,489 -30%
William Blair & Company
104
William Blair & Company
Illinois
$5.65M -$924K -9,657 -15%
NIG
105
NFJ Investment Group
Texas
$5.65M +$5.15M +53,801 New
PC
106
Panoramic Capital
California
$5.61M +$5.11M +53,436 New
New York State Teachers Retirement System (NYSTRS)
107
New York State Teachers Retirement System (NYSTRS)
New York
$5.48M
California State Teachers Retirement System (CalSTRS)
108
California State Teachers Retirement System (CalSTRS)
California
$5.4M -$61.9K -647 -1%
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$5.32M
MOACM
110
Mutual of America Capital Management
New York
$4.95M -$110K -1,151 -2%
BAM
111
Blueshift Asset Management
New Jersey
$4.91M +$3.94M +41,183 +731%
Canada Life
112
Canada Life
Manitoba, Canada
$4.73M
Manulife (Manufacturers Life Insurance)
113
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.65M +$66.8K +698 +2%
Ohio Public Employees Retirement System (OPERS)
114
Ohio Public Employees Retirement System (OPERS)
Ohio
$4.56M -$91.4K -955 -2%
EGM
115
Engineers Gate Manager
New York
$4.48M +$1.35M +14,144 +50%
Citigroup
116
Citigroup
New York
$4.2M +$1.89M +19,807 +98%
MCM
117
Monimus Capital Management
New Jersey
$4.17M +$3.8M +39,763 New
ECM
118
ExodusPoint Capital Management
New York
$3.72M -$1.69M -17,691 -33%
BAM
119
Bullseye Asset Management
Colorado
$3.63M -$42.3K -442 -1%
State of Wisconsin Investment Board
120
State of Wisconsin Investment Board
Wisconsin
$3.54M -$793K -8,288 -20%
MIM
121
MetLife Investment Management
New Jersey
$3.45M +$237K +2,481 +8%
Comerica Bank
122
Comerica Bank
Texas
$3.45M +$1.04M +10,896 +50%
Janus Henderson Group
123
Janus Henderson Group
United Kingdom
$3.45M +$147K +1,541 +5%
CFM
124
Capricorn Fund Managers
United Kingdom
$3.41M +$3.13M +32,758 New
Stifel Financial
125
Stifel Financial
Missouri
$3.3M -$94.1K -984 -3%

FIVE Hedge Fund Activity: Q4 2024 in Review

423 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2024, worth a combined $6.11B — up 21% from $5.05B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new FIVE positions and 62 closed out — a net gain of 27 holders — while 139 added to existing stakes and 127 trimmed.

The largest buyer was Steadfast Capital Management, opening a new position worth an estimated $113M. The largest seller was T. Rowe Price Associates, cutting an estimated $112M.

  • 423 institutional investors held Five Below (FIVE) as of Q4 2024, up from 402 in Q3 2024.
  • Funds reported $6.11B of Five Below stock for Q4 2024, up 21% quarter-over-quarter.
  • 89 funds opened new Five Below positions in Q4 2024 and 62 closed out, a net change of +27 holders.
  • The largest Five Below buyer in Q4 2024 was Steadfast Capital Management, an estimated $113M added.
  • The largest Five Below seller in Q4 2024 was T. Rowe Price Associates, an estimated $112M sold.

Based on aggregated 13F filings for Q4 2024.