Five Below
FIVE
335 hedge funds and large institutions have $4.12B invested in Five Below in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 120 increasing their positions, 128 reducing their positions, and 129 closing their positions.
11% more call options, than puts
Call options by funds: $114M | Put options by funds: $102M
2.73% more ownership
Funds ownership: 102.83% → 105.56% (+2.7%)
6% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 128
19% less funds holding
Funds holding: 413 → 335 (-78)
44% less capital invested
Capital invested by funds: $7.32B → $4.12B (-$3.2B)
58% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 129
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$191M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$143M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$127M |
| 4 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$76.3M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$74.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$210M |
| 2 |
TP
Third Point
New York
|
-$153M |
| 3 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$94M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$73.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$73.7M |
FIVE Hedge Fund Activity: Q1 2020 in Review
335 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2020, worth a combined $4.12B — down 44% from $7.32B a quarter earlier.
Sellers outnumbered buyers: 129 funds closed out of FIVE and 54 opened new positions — a net loss of 75 holders — while 128 trimmed existing stakes and 120 added.
The largest buyer was Capital World Investors, adding an estimated $191M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $210M sold.
- 335 institutional investors held Five Below (FIVE) as of Q1 2020, down from 413 in Q4 2019.
- Funds reported $4.12B of Five Below stock for Q1 2020, down 44% quarter-over-quarter.
- 54 funds opened new Five Below positions in Q1 2020 and 129 closed out, a net change of -75 holders.
- The largest Five Below buyer in Q1 2020 was Capital World Investors, an estimated $191M added.
- The largest Five Below seller in Q1 2020 was Winslow Capital Management, an estimated $210M sold.
Based on aggregated 13F filings for Q1 2020.