Five Below
FIVE
612 hedge funds and large institutions have $9.95B invested in Five Below in 2026 Q2 according to their latest regulatory filings, with 94 funds opening new positions, 195 increasing their positions, 254 reducing their positions, and 111 closing their positions.
0.29% less ownership
Funds ownership: 100.41% → 100.12% (-0.29%)
3% less funds holding
Funds holding: 634 → 612 (-22)
11% less call options, than puts
Call options by funds: $91.4M | Put options by funds: $103M
15% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 111
21% less capital invested
Capital invested by funds: $12.7B → $9.95B (-$2.71B)
23% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 254
78% less funds holding in top 10
Funds holding in top 10: 18 → 4 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$137M |
| 2 |
SIM
SRS Investment Management
New York
|
+$82.3M |
| 3 |
Renaissance Technologies
New York
|
+$78.5M |
| 4 |
BlackRock
New York
|
+$76.4M |
| 5 |
FGP
Freestone Grove Partners
San Francisco,
California
|
+$63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$165M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$146M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$134M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$106M |
| 5 |
Morgan Stanley
New York
|
-$85M |
FIVE Hedge Fund Activity: Q2 2026 in Review
612 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Five Below (FIVE) for Q2 2026, worth a combined $9.95B — down 21% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 111 funds closed out of FIVE and 94 opened new positions — a net loss of 17 holders — while 254 trimmed existing stakes and 195 added.
The largest buyer was Wellington Management Group, adding an estimated $137M. The largest seller was D.E. Shaw & Co, cutting an estimated $165M.
- 612 institutional investors held Five Below (FIVE) as of Q2 2026, down from 634 in Q1 2026.
- Funds reported $9.95B of Five Below stock for Q2 2026, down 21% quarter-over-quarter.
- 94 funds opened new Five Below positions in Q2 2026 and 111 closed out, a net change of -17 holders.
- The largest Five Below buyer in Q2 2026 was Wellington Management Group, an estimated $137M added.
- The largest Five Below seller in Q2 2026 was D.E. Shaw & Co, an estimated $165M sold.
Based on aggregated 13F filings for Q2 2026.