Five Below
FIVE
464 hedge funds and large institutions have $6.33B invested in Five Below in 2024 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 150 increasing their positions, 166 reducing their positions, and 110 closing their positions.
33% more call options, than puts
Call options by funds: $262M | Put options by funds: $196M
10% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 166
1.21% less ownership
Funds ownership: 106.85% → 105.64% (-1.2%)
7% less funds holding
Funds holding: 500 → 464 (-36)
26% less first-time investments, than exits
New positions opened: 81 | Existing positions closed: 110
41% less capital invested
Capital invested by funds: $10.7B → $6.33B (-$4.36B)
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$124M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$118M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$107M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$100M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$97.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$158M |
| 2 |
Holocene Advisors
New York
|
-$157M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$154M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$132M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$112M |
FIVE Hedge Fund Activity: Q2 2024 in Review
464 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2024, worth a combined $6.33B — down 41% from $10.7B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of FIVE and 81 opened new positions — a net loss of 29 holders — while 166 trimmed existing stakes and 150 added.
The largest buyer was Wasatch Advisors, adding an estimated $124M. The largest seller was Artisan Partners, exiting entirely with an estimated $158M sold.
- 464 institutional investors held Five Below (FIVE) as of Q2 2024, down from 500 in Q1 2024.
- Funds reported $6.33B of Five Below stock for Q2 2024, down 41% quarter-over-quarter.
- 81 funds opened new Five Below positions in Q2 2024 and 110 closed out, a net change of -29 holders.
- The largest Five Below buyer in Q2 2024 was Wasatch Advisors, an estimated $124M added.
- The largest Five Below seller in Q2 2024 was Artisan Partners, an estimated $158M sold.
Based on aggregated 13F filings for Q2 2024.