Five Below
FIVE
489 hedge funds and large institutions have $11.4B invested in Five Below in 2023 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 156 increasing their positions, 196 reducing their positions, and 61 closing their positions.
0.87% less ownership
Funds ownership: 105.43% → 104.56% (-0.87%)
2% less funds holding
Funds holding: 497 → 489 (-8)
6% less capital invested
Capital invested by funds: $12.1B → $11.4B (-$676M)
11% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 61
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
20% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 196
32% less call options, than puts
Call options by funds: $160M | Put options by funds: $234M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$102M |
| 2 |
BlackRock
New York
|
+$69.1M |
| 3 |
Man Group
London,
United Kingdom
|
+$58.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$45.8M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$161M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$84.1M |
| 3 |
Morgan Stanley
New York
|
-$74.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$73.1M |
| 5 |
Holocene Advisors
New York
|
-$60M |
FIVE Hedge Fund Activity: Q2 2023 in Review
489 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2023, worth a combined $11.4B — down 5.6% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of FIVE and 54 opened new positions — a net loss of 7 holders — while 196 trimmed existing stakes and 156 added.
The largest buyer was Montrusco Bolton Investments, adding an estimated $102M. The largest seller was Capital World Investors, cutting an estimated $161M.
- 489 institutional investors held Five Below (FIVE) as of Q2 2023, down from 497 in Q1 2023.
- Funds reported $11.4B of Five Below stock for Q2 2023, down 5.6% quarter-over-quarter.
- 54 funds opened new Five Below positions in Q2 2023 and 61 closed out, a net change of -7 holders.
- The largest Five Below buyer in Q2 2023 was Montrusco Bolton Investments, an estimated $102M added.
- The largest Five Below seller in Q2 2023 was Capital World Investors, an estimated $161M sold.
Based on aggregated 13F filings for Q2 2023.