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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
GI
126
Gradient Investments
Minnesota
$3.29M +$1.31M +9,454 +46%
ORI
127
Oak Ridge Investments
Illinois
$3.26M -$55.9K -404 -1%
Truist Financial
128
Truist Financial
North Carolina
$3.26M -$191K -1,376 -4%
Comerica Bank
129
Comerica Bank
Texas
$3.19M -$9.55M -68,986 -70%
Susquehanna International Group
130
Susquehanna International Group
Pennsylvania
$2.98M -$200K -1,441 -5%
QIM
131
Quantitative Investment Management
Virginia
$2.96M +$3.76M +27,180 New
WT
132
Whittier Trust
California
$2.84M +$170K +1,226 +5%
State of Tennessee, Department of Treasury
133
State of Tennessee, Department of Treasury
Tennessee
$2.68M
Simplex Trading
134
Simplex Trading
Illinois
$2.66M +$3.38M +24,434 New
LIC
135
Laurus Investment Counsel
Canada
$2.66M
GS
136
GTS Securities
New York
$2.65M +$3.37M +24,332 New
TIA
137
Tandem Investment Advisors
South Carolina
$2.63M +$692K +4,995 +26%
Cetera Investment Advisers
138
Cetera Investment Advisers
Illinois
$2.6M +$179K +1,292 +6%
Victory Capital Management
139
Victory Capital Management
Texas
$2.58M +$8.31K +60 +0.3%
Treasurer of the State of North Carolina
140
Treasurer of the State of North Carolina
North Carolina
$2.58M -$206K -1,489 -6%
State of New Jersey Common Pension Fund D
141
State of New Jersey Common Pension Fund D
New Jersey
$2.57M -$1.29M -9,337 -28%
YCM
142
Yousif Capital Management
Michigan
$2.53M -$286K -2,067 -8%
AG
143
Ascent Group
Virginia
$2.51M +$1.12M +8,062 +54%
American Century Companies
144
American Century Companies
Missouri
$2.51M +$183K +1,321 +6%
Lazard Asset Management
145
Lazard Asset Management
New York
$2.42M +$621K +4,487 +25%
Deutsche Bank
146
Deutsche Bank
Germany
$2.41M -$56.5K -408 -2%
Bank of Montreal
147
Bank of Montreal
Ontario, Canada
$2.39M +$1.56M +11,297 +110%
DekaBank Deutsche Girozentrale
148
DekaBank Deutsche Girozentrale
Germany
$2.33M +$133K +964 +5%
FDCDDQ
149
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.29M +$753K +5,434 +35%
PHK
150
Point72 Hong Kong
Hong Kong
$2.27M +$2.89M +20,838 New

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.