We are live on ! Find out more
FIVE icon

Five Below

496 hedge funds and large institutions have $12.1B invested in Five Below in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 147 increasing their positions, 207 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 49

16% more capital invested

Capital invested by funds: $10.4B → $12.1B (+$1.69B)

3% more funds holding

Funds holding: 481496 (+15)

7% less call options, than puts

Call options by funds: $174M | Put options by funds: $188M

1.52% less ownership

Funds ownership: 106.95%105.43% (-1.5%)

24% less funds holding in top 10

Funds holding in top 10: 2116 (-5)

29% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 207

Holders
496
Holders Change
+15
Holders Change %
+3.12%
% of All Funds
7.9%
Holding in Top 10
16
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-23.81%
% of All Funds
0.25%
New
74
Increased
147
Reduced
207
Closed
49
Calls
$174M
Puts
$188M
Net Calls
-$14M
Net Calls Change
+$45M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
126
Millennium Management
New York
$7.94M +$2.8M +14,239 +59%
BC
127
Brookfield Corp
Ontario, Canada
$7.84M +$7.49M +38,042 New
TP
128
Teca Partners
Texas
$7.66M
ECM
129
ExodusPoint Capital Management
New York
$7.55M +$3.16M +16,058 +78%
CM
130
Castleark Management
Illinois
$7.46M
MIM
131
MetLife Investment Management
New Jersey
$7.46M -$177K -901 -2%
Wells Fargo
132
Wells Fargo
California
$7.27M +$944K +4,792 +16%
LCM
133
Logan Capital Management
Pennsylvania
$7.24M -$389K -1,976 -5%
State of Tennessee, Department of Treasury
134
State of Tennessee, Department of Treasury
Tennessee
$7.12M -$445K -2,258 -6%
Brown Advisory
135
Brown Advisory
Maryland
$6.88M -$2.07M -10,500 -24%
State of New Jersey Common Pension Fund D
136
State of New Jersey Common Pension Fund D
New Jersey
$6.78M -$305K -1,551 -4%
Truist Financial
137
Truist Financial
North Carolina
$6.64M -$113K -573 -2%
BAM
138
Bullseye Asset Management
Colorado
$6.59M -$414K -2,100 -6%
HF
139
HRT Financial
New York
$6.39M +$6.11M +31,030 New
ORI
140
Oak Ridge Investments
Illinois
$6.38M -$73.9K -375 -1%
Marshall Wace
141
Marshall Wace
United Kingdom
$6.32M -$17.6M -89,579 -75%
GT
142
Glenmede Trust
Pennsylvania
$6.22M -$3.99M -20,251 -40%
Corient Private Wealth
143
Corient Private Wealth
Florida
$6.16M +$5.89M +29,930 New
SBH
144
Segall Bryant & Hamill
Illinois
$6.12M -$42.1K -214 -0.7%
Janus Henderson Group
145
Janus Henderson Group
United Kingdom
$5.97M +$2.47M +12,548 +76%
Connor, Clark & Lunn Investment Management (CC&L)
146
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.89M +$5.37M +27,264 +2,023%
YCM
147
Yousif Capital Management
Michigan
$5.83M -$39.4K -200 -0.7%
Voloridge Investment Management
148
Voloridge Investment Management
Florida
$5.64M +$5.39M +27,367 New
LCG
149
Lisanti Capital Growth
New York
$5.62M
FAM
150
Fred Alger Management
New York
$5.58M +$5.33M +27,083 New

FIVE Hedge Fund Activity: Q1 2023 in Review

496 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2023, worth a combined $12.1B — up 16% from $10.4B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new FIVE positions and 49 closed out — a net gain of 25 holders — while 147 added to existing stakes and 207 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $737M. The largest seller was Fidelity Investments, cutting an estimated $256M.

  • 496 institutional investors held Five Below (FIVE) as of Q1 2023, up from 481 in Q4 2022.
  • Funds reported $12.1B of Five Below stock for Q1 2023, up 16% quarter-over-quarter.
  • 74 funds opened new Five Below positions in Q1 2023 and 49 closed out, a net change of +25 holders.
  • The largest Five Below buyer in Q1 2023 was T. Rowe Price Associates, an estimated $737M added.
  • The largest Five Below seller in Q1 2023 was Fidelity Investments, an estimated $256M sold.

Based on aggregated 13F filings for Q1 2023.