Five Below
FIVE
151 hedge funds and large institutions have $2.21B invested in Five Below in 2013 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 70 increasing their positions, 28 reducing their positions, and 17 closing their positions.
153% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 17
150% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 28
64% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $9.23M
20% more funds holding
Funds holding: 126 → 151 (+25)
4% more capital invested
Capital invested by funds: $2.13B → $2.21B (+$81.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.4M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$37.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.9M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$34.7M |
| 5 |
Goldman Sachs
New York
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Advent International
Boston,
Massachusetts
|
-$515M |
| 2 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$28.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$21.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.9M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$16.7M |
FIVE Hedge Fund Activity: Q3 2013 in Review
151 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2013, worth a combined $2.21B — up 3.8% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FIVE positions and 17 closed out — a net gain of 26 holders — while 70 added to existing stakes and 28 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $43.4M. The largest seller was Advent International, cutting an estimated $515M.
- 151 institutional investors held Five Below (FIVE) as of Q3 2013, up from 126 in Q2 2013.
- Funds reported $2.21B of Five Below stock for Q3 2013, up 3.8% quarter-over-quarter.
- 43 funds opened new Five Below positions in Q3 2013 and 17 closed out, a net change of +26 holders.
- The largest Five Below buyer in Q3 2013 was Fidelity Investments, an estimated $43.4M added.
- The largest Five Below seller in Q3 2013 was Advent International, an estimated $515M sold.
Based on aggregated 13F filings for Q3 2013.