Five Below
FIVE
426 hedge funds and large institutions have $8.28B invested in Five Below in 2022 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 157 increasing their positions, 159 reducing their positions, and 53 closing their positions.
138% more funds holding in top 10
Funds holding in top 10: 8 → 19 (+11)
25% more capital invested
Capital invested by funds: $6.63B → $8.28B (+$1.65B)
15% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 53
3.08% more ownership
Funds ownership: 105.26% → 108.34% (+3.1%)
0% more funds holding
Funds holding: 424 → 426 (+2)
1% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 159
29% less call options, than puts
Call options by funds: $175M | Put options by funds: $248M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$95.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$84.6M |
| 3 |
AC
Armistice Capital
New York
|
+$72.6M |
| 4 |
RC
Rivulet Capital
Summit,
New Jersey
|
+$58.3M |
| 5 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$269M |
| 2 |
Renaissance Technologies
New York
|
-$49.5M |
| 3 |
Millennium Management
New York
|
-$39M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$38.4M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$25.9M |
FIVE Hedge Fund Activity: Q3 2022 in Review
426 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q3 2022, worth a combined $8.28B — up 25% from $6.63B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new FIVE positions and 53 closed out — a net gain of 8 holders — while 157 added to existing stakes and 159 trimmed.
The largest buyer was Fidelity International, adding an estimated $95.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $269M.
- 426 institutional investors held Five Below (FIVE) as of Q3 2022, up from 424 in Q2 2022.
- Funds reported $8.28B of Five Below stock for Q3 2022, up 25% quarter-over-quarter.
- 61 funds opened new Five Below positions in Q3 2022 and 53 closed out, a net change of +8 holders.
- The largest Five Below buyer in Q3 2022 was Fidelity International, an estimated $95.1M added.
- The largest Five Below seller in Q3 2022 was T. Rowe Price Associates, an estimated $269M sold.
Based on aggregated 13F filings for Q3 2022.