Five Below
FIVE
358 hedge funds and large institutions have $6.48B invested in Five Below in 2020 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 116 increasing their positions, 125 reducing their positions, and 47 closing their positions.
233% more funds holding in top 10
Funds holding in top 10: 3 → 10 (+7)
61% more call options, than puts
Call options by funds: $147M | Put options by funds: $91.4M
57% more capital invested
Capital invested by funds: $4.12B → $6.48B (+$2.36B)
51% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 47
7% more funds holding
Funds holding: 335 → 358 (+23)
3.19% more ownership
Funds ownership: 105.56% → 108.75% (+3.2%)
7% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 125
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
+$104M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$102M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$74.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$74.2M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$146M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$69.5M |
| 3 |
1WCM
12 West Capital Management
New York
|
-$49.4M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$44M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$43.3M |
FIVE Hedge Fund Activity: Q2 2020 in Review
358 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2020, worth a combined $6.48B — up 57% from $4.12B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FIVE positions and 47 closed out — a net gain of 24 holders — while 116 added to existing stakes and 125 trimmed.
The largest buyer was Suvretta Capital Management, opening a new position worth an estimated $104M. The largest seller was AllianceBernstein, cutting an estimated $146M.
- 358 institutional investors held Five Below (FIVE) as of Q2 2020, up from 335 in Q1 2020.
- Funds reported $6.48B of Five Below stock for Q2 2020, up 57% quarter-over-quarter.
- 71 funds opened new Five Below positions in Q2 2020 and 47 closed out, a net change of +24 holders.
- The largest Five Below buyer in Q2 2020 was Suvretta Capital Management, an estimated $104M added.
- The largest Five Below seller in Q2 2020 was AllianceBernstein, an estimated $146M sold.
Based on aggregated 13F filings for Q2 2020.