Five Below
FIVE
174 hedge funds and large institutions have $2.47B invested in Five Below in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 30 closing their positions.
152% more call options, than puts
Call options by funds: $40.8M | Put options by funds: $16.2M
10% more capital invested
Capital invested by funds: $2.25B → $2.47B (+$225M)
3% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 30
1% more funds holding
Funds holding: 173 → 174 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$33.9M |
| 2 |
CCI
Columbus Circle Investors
|
+$31.4M |
| 3 |
Morgan Stanley
New York
|
+$27.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$23.8M |
| 5 |
Renaissance Technologies
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$81.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$36.9M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$26M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$21.6M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$11.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Creative Planning
Overland Park,
Kansas
| – | -$36K | -1,000 | Closed |
|
202
Nomura Holdings
Tokyo,
Japan
| – | -$36K | -1,000 | Closed |
|
|
IMS
203
Index Management Solutions
Philadelphia,
Pennsylvania
| – | -$17K | -464 | Closed |
|
|
WCM
204
Wealthcare Capital Management
Richmond,
Virginia
| – | -$2K | -48 | Closed |
|
FIVE Hedge Fund Activity: Q2 2015 in Review
174 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2015, worth a combined $2.47B — up 10% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FIVE positions and 30 closed out — a net gain of 1 holder — while 62 added to existing stakes and 65 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $33.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $81.1M.
- 174 institutional investors held Five Below (FIVE) as of Q2 2015, up from 173 in Q1 2015.
- Funds reported $2.47B of Five Below stock for Q2 2015, up 10% quarter-over-quarter.
- 31 funds opened new Five Below positions in Q2 2015 and 30 closed out, a net change of +1 holder.
- The largest Five Below buyer in Q2 2015 was Franklin Resources, an estimated $33.9M added.
- The largest Five Below seller in Q2 2015 was T. Rowe Price Associates, an estimated $81.1M sold.
Based on aggregated 13F filings for Q2 2015.