Five Below
FIVE
159 hedge funds and large institutions have $2.43B invested in Five Below in 2013 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 30 closing their positions.
404% more call options, than puts
Call options by funds: $33.7M | Put options by funds: $6.68M
60% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 42
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 30
11% more capital invested
Capital invested by funds: $2.18B → $2.43B (+$243M)
5% more funds holding
Funds holding: 151 → 159 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$68.5M |
| 2 |
Goldman Sachs
New York
|
+$65.2M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$47.9M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$40.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$33.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$40.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$34.7M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$21.6M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$17.2M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$10.9M |
FIVE Hedge Fund Activity: Q4 2013 in Review
159 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q4 2013, worth a combined $2.43B — up 11% from $2.18B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new FIVE positions and 30 closed out — a net gain of 8 holders — while 67 added to existing stakes and 42 trimmed.
The largest buyer was Wells Fargo, adding an estimated $68.5M. The largest seller was Tremblant Capital Group, exiting entirely with an estimated $40.8M sold.
- 159 institutional investors held Five Below (FIVE) as of Q4 2013, up from 151 in Q3 2013.
- Funds reported $2.43B of Five Below stock for Q4 2013, up 11% quarter-over-quarter.
- 38 funds opened new Five Below positions in Q4 2013 and 30 closed out, a net change of +8 holders.
- The largest Five Below buyer in Q4 2013 was Wells Fargo, an estimated $68.5M added.
- The largest Five Below seller in Q4 2013 was Tremblant Capital Group, an estimated $40.8M sold.
Based on aggregated 13F filings for Q4 2013.