Five Below
FIVE
272 hedge funds and large institutions have $3.02B invested in Five Below in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 107 increasing their positions, 99 reducing their positions, and 34 closing their positions.
84% more call options, than puts
Call options by funds: $52.5M | Put options by funds: $28.6M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
15% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 34
8% more capital invested
Capital invested by funds: $2.79B → $3.02B (+$235M)
1% more funds holding
Funds holding: 269 → 272 (+3)
8% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 99
6.01% less ownership
Funds ownership: 117.14% → 111.13% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$20.8M |
| 2 |
Jennison Associates
New York
|
+$18.1M |
| 3 |
AI
Advent International
Boston,
Massachusetts
|
+$13.3M |
| 4 |
JGC
J. Goldman & Co
New York
|
+$12.1M |
| 5 |
Millennium Management
New York
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$31.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$28.4M |
| 3 |
Lazard Asset Management
New York
|
-$26.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$26.4M |
| 5 |
Two Sigma Investments
New York
|
-$16.2M |
FIVE Hedge Fund Activity: Q2 2017 in Review
272 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2017, worth a combined $3.02B — up 8.4% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FIVE positions and 34 closed out — a net gain of 5 holders — while 107 added to existing stakes and 99 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $20.8M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $31.2M.
- 272 institutional investors held Five Below (FIVE) as of Q2 2017, up from 269 in Q1 2017.
- Funds reported $3.02B of Five Below stock for Q2 2017, up 8.4% quarter-over-quarter.
- 39 funds opened new Five Below positions in Q2 2017 and 34 closed out, a net change of +5 holders.
- The largest Five Below buyer in Q2 2017 was Waddell & Reed Financial, an estimated $20.8M added.
- The largest Five Below seller in Q2 2017 was ArrowMark Colorado Holdings, an estimated $31.2M sold.
Based on aggregated 13F filings for Q2 2017.