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Five Below

628 hedge funds and large institutions have $12.7B invested in Five Below in 2026 Q1 according to their latest regulatory filings, with 147 funds opening new positions, 239 increasing their positions, 180 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 147 | Existing positions closed: 63

33% more repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 180

18% more capital invested

Capital invested by funds: $10.7B → $12.7B (+$1.94B)

14% more funds holding

Funds holding: 552628 (+76)

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

3.08% less ownership

Funds ownership: 103.43%100.35% (-3.1%)

67% less call options, than puts

Call options by funds: $109M | Put options by funds: $335M

Holders
628
Holders Change
+76
Holders Change %
+13.77%
% of All Funds
7.74%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.22%
New
147
Increased
239
Reduced
180
Closed
63
Calls
$109M
Puts
$335M
Net Calls
-$226M
Net Calls Change
-$313M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.15B +$22.5M +107,695 +2%
VCM
2
Vanguard Capital Management
Pennsylvania
$565M +$518M +2,474,079 New
VPM
3
Vanguard Portfolio Management
Pennsylvania
$548M +$502M +2,398,669 New
AQR Capital Management
4
AQR Capital Management
Connecticut
$436M +$159M +757,764 +65%
American Century Companies
5
American Century Companies
Missouri
$415M -$4.56M -21,798 -1%
State Street
6
State Street
Massachusetts
$382M +$1.65M +7,907 +0.5%
Federated Hermes
7
Federated Hermes
Pennsylvania
$349M +$4.43M +21,159 +1%
Two Sigma Investments
8
Two Sigma Investments
New York
$328M +$216M +1,030,117 +255%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$321M -$108M -513,796 -27%
Marshall Wace
10
Marshall Wace
United Kingdom
$305M -$94.4M -451,252 -25%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$295M +$41.4M +197,868 +18%
Capital World Investors
12
Capital World Investors
California
$285M +$9.4M +44,929 +4%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$268M -$4M -19,096 -2%
Qube Research & Technologies (QRT)
14
Qube Research & Technologies (QRT)
United Kingdom
$245M +$101M +481,950 +82%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$237M +$5.55M +26,530 +3%
Invesco
16
Invesco
Georgia
$231M +$25.8M +123,417 +14%
UBS Group
17
UBS Group
Switzerland
$201M -$107M -511,303 -37%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$194M -$116K -552 -0.1%
Balyasny Asset Management
19
Balyasny Asset Management
Illinois
$194M -$4.53M -21,637 -2%
Morgan Stanley
20
Morgan Stanley
New York
$188M +$33.3M +159,110 +24%
WA
21
Wasatch Advisors
Utah
$187M -$94.2M -450,372 -35%
Millennium Management
22
Millennium Management
New York
$167M +$5.9M +28,197 +4%
SIM
23
SRS Investment Management
New York
$165M +$151M +722,826 New
Charles Schwab
24
Charles Schwab
California
$153M -$16.7K -80 -0%
GC
25
Giverny Capital
Quebec, Canada
$141M -$4.3M -20,556 -3%