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Five Below

271 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, 98 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $51.8M | Put options by funds: $28.4M

67% more funds holding in top 10

Funds holding in top 10: 35 (+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: 268271 (+3)

9% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 98

6% less ownership

Funds ownership: 117.13%111.12% (-6%)

Holders
271
Holders Change
+3
Holders Change %
+1.12%
% of All Funds
6.76%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.12%
New
39
Increased
107
Reduced
98
Closed
34
Calls
$51.8M
Puts
$28.4M
Net Calls
+$23.4M
Net Calls Change
+$8.43M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$326M -$10.5M -213,558 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$236M -$1.85M -37,673 -0.8%
Capital Research Global Investors
3
Capital Research Global Investors
California
$137M
AllianceBernstein
4
AllianceBernstein
Tennessee
$121M -$8.8M -178,769 -7%
RP
5
Riverbridge Partners
Minnesota
$110M -$2.79M -56,700 -2%
WA
6
Wasatch Advisors
Utah
$96.2M +$2.56M +52,041 +3%
Jennison Associates
7
Jennison Associates
New York
$84.5M +$18.1M +367,235 +27%
Goldman Sachs
8
Goldman Sachs
New York
$82.9M -$15.8M -320,625 -16%
State Street
9
State Street
Massachusetts
$70.8M +$1.9M +38,532 +3%
Wells Fargo
10
Wells Fargo
California
$67.9M -$26.4M -536,501 -28%
Invesco
11
Invesco
Georgia
$64.7M -$2.7M -54,902 -4%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$64.3M -$3.03M -61,457 -5%
GKIM
13
GW&K Investment Management
Massachusetts
$62.8M +$3.07M +62,358 +5%
Morgan Stanley
14
Morgan Stanley
New York
$60.2M -$185K -3,753 -0.3%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$56.9M +$1.61M +32,658 +3%
Massachusetts Financial Services
16
Massachusetts Financial Services
Massachusetts
$56.5M +$4.13M +83,860 +8%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$55.7M -$9.78M -198,722 -15%
ORI
18
Oak Ridge Investments
Illinois
$52.5M +$418K +8,498 +0.8%
Victory Capital Management
19
Victory Capital Management
Texas
$51.1M -$4.79M -97,297 -9%
CWAM
20
Columbia Wanger Asset Management
Illinois
$49M +$3.79M +77,003 +8%
Millennium Management
21
Millennium Management
New York
$43.4M +$11.4M +231,054 +36%
Bank of America
22
Bank of America
North Carolina
$41.1M +$7.65M +155,434 +23%
Northern Trust
23
Northern Trust
Illinois
$40.5M +$984K +19,980 +2%
Macquarie Group
24
Macquarie Group
Australia
$38.3M +$11.3M +230,191 +42%
ACH
25
ArrowMark Colorado Holdings
Colorado
$37.7M -$31.2M -633,233 -45%

FIVE Hedge Fund Activity: Q2 2017 in Review

271 of the 4,011 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 98 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.

  • 271 institutional investors held Five Below (FIVE) as of Q2 2017, up from 268 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.