Five Below
FIVE
476 hedge funds and large institutions have $10.8B invested in Five Below in 2021 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 170 increasing their positions, 169 reducing their positions, and 44 closing their positions.
165% more call options, than puts
Call options by funds: $327M | Put options by funds: $124M
86% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 44
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
8% more funds holding
Funds holding: 441 → 476 (+35)
5% more capital invested
Capital invested by funds: $10.3B → $10.8B (+$485M)
1% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 169
4.31% less ownership
Funds ownership: 105.38% → 101.07% (-4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$144M |
| 2 |
Two Sigma Investments
New York
|
+$88.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$70.3M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$59.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$55.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$359M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$263M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$161M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$63.6M |
| 5 |
HAM
HHR Asset Management
Berkeley Heights,
New Jersey
|
-$50.4M |
FIVE Hedge Fund Activity: Q1 2021 in Review
476 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q1 2021, worth a combined $10.8B — up 4.7% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new FIVE positions and 44 closed out — a net gain of 38 holders — while 170 added to existing stakes and 169 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $144M. The largest seller was Capital World Investors, cutting an estimated $359M.
- 476 institutional investors held Five Below (FIVE) as of Q1 2021, up from 441 in Q4 2020.
- Funds reported $10.8B of Five Below stock for Q1 2021, up 4.7% quarter-over-quarter.
- 82 funds opened new Five Below positions in Q1 2021 and 44 closed out, a net change of +38 holders.
- The largest Five Below buyer in Q1 2021 was 1832 Asset Management, an estimated $144M added.
- The largest Five Below seller in Q1 2021 was Capital World Investors, an estimated $359M sold.
Based on aggregated 13F filings for Q1 2021.