Five Below
FIVE
168 hedge funds and large institutions have $2.8B invested in Five Below in 2014 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 60 increasing their positions, 56 reducing their positions, and 20 closing their positions.
412% more call options, than puts
Call options by funds: $94.3M | Put options by funds: $18.4M
85% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 20
11% more capital invested
Capital invested by funds: $2.51B → $2.8B (+$288M)
10% more funds holding
Funds holding: 153 → 168 (+15)
7% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$42M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$41.5M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$37.9M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$28.9M |
| 5 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$51M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.5M |
| 3 |
CCM
Crestwood Capital Management
New York
|
-$8.75M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$8.06M |
| 5 |
Goldman Sachs
New York
|
-$7.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Millennium Management
New York
| – | -$881K | -21,767 | Closed |
|
|
LCM
177
Landscape Capital Management
Englewood,
New Jersey
| – | -$721K | -18,200 | Closed |
|
|
HHC
178
Hutchin Hill Capital
New York
| – | -$634K | -16,000 | Closed |
|
179
American Century Companies
Kansas City,
Missouri
| – | -$531K | -13,395 | Closed |
|
|
MCM
180
Mazama Capital Management
Portland,
Oregon
| – | -$410K | -10,345 | Closed |
|
181
Nomura Holdings
Tokyo,
Japan
| – | -$237K | -5,850 | Closed |
|
|
DTL
182
Dynamic Technology Lab
Singapore
| – | -$225K | -5,688 | Closed |
|
|
JT
183
Jump Trading
Chicago,
Illinois
| – | -$212K | -5,348 | Closed |
|
184
SG Americas Securities
New York
| – | -$136K | -3,441 | Closed |
|
185
BNP Paribas Financial Markets
Paris,
France
| – | -$128K | -3,221 | Closed |
|
186
Creative Planning
Overland Park,
Kansas
| – | -$7.69K | -190 | -95% |
|
|
PTC
187
Private Trust Company
Cleveland,
Ohio
| – | -$1K | -28 | Closed |
|
FIVE Hedge Fund Activity: Q4 2014 in Review
168 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2014, worth a combined $2.8B — up 11% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FIVE positions and 20 closed out — a net gain of 17 holders — while 60 added to existing stakes and 56 trimmed.
The largest buyer was Invesco, adding an estimated $42M. The largest seller was Citadel Advisors, cutting an estimated $51M.
- 168 institutional investors held Five Below (FIVE) as of Q4 2014, up from 153 in Q3 2014.
- Funds reported $2.8B of Five Below stock for Q4 2014, up 11% quarter-over-quarter.
- 37 funds opened new Five Below positions in Q4 2014 and 20 closed out, a net change of +17 holders.
- The largest Five Below buyer in Q4 2014 was Invesco, an estimated $42M added.
- The largest Five Below seller in Q4 2014 was Citadel Advisors, an estimated $51M sold.
Based on aggregated 13F filings for Q4 2014.