Five Below
FIVE
469 hedge funds and large institutions have $10.6B invested in Five Below in 2021 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 170 increasing their positions, 181 reducing their positions, and 57 closing their positions.
62% more call options, than puts
Call options by funds: $200M | Put options by funds: $123M
2% less capital invested
Capital invested by funds: $10.8B → $10.6B (-$185M)
5% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 57
6% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 181
1% less funds holding
Funds holding: 476 → 469 (-7)
3.1% less ownership
Funds ownership: 101.07% → 97.97% (-3.1%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$256M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$49.7M |
| 3 |
Renaissance Technologies
New York
|
+$33.9M |
| 4 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$27.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$147M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$136M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$111M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$68.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$66.3M |
FIVE Hedge Fund Activity: Q2 2021 in Review
469 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2021, worth a combined $10.6B — down 1.7% from $10.8B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of FIVE and 54 opened new positions — a net loss of 3 holders — while 181 trimmed existing stakes and 170 added.
The largest buyer was Wellington Management Group, adding an estimated $256M. The largest seller was Suvretta Capital Management, cutting an estimated $147M.
- 469 institutional investors held Five Below (FIVE) as of Q2 2021, down from 476 in Q1 2021.
- Funds reported $10.6B of Five Below stock for Q2 2021, down 1.7% quarter-over-quarter.
- 54 funds opened new Five Below positions in Q2 2021 and 57 closed out, a net change of -3 holders.
- The largest Five Below buyer in Q2 2021 was Wellington Management Group, an estimated $256M added.
- The largest Five Below seller in Q2 2021 was Suvretta Capital Management, an estimated $147M sold.
Based on aggregated 13F filings for Q2 2021.