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294 hedge funds and large institutions have $2.33B invested in FIVE9 in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 96 increasing their positions, 108 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more call options, than puts

Call options by funds: $158M | Put options by funds: $117M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

6.54% more ownership

Funds ownership: 108.73%115.27% (+6.5%)

4% more capital invested

Capital invested by funds: $2.24B → $2.33B (+$90.4M)

4% less funds holding

Funds holding: 306294 (-12)

11% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 108

14% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 65

Holders
294
Holders Change
-12
Holders Change %
-3.92%
% of All Funds
3.87%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
56
Increased
96
Reduced
108
Closed
65
Calls
$158M
Puts
$117M
Net Calls
+$40.7M
Net Calls Change
-$21.3M
Name Holding Trade Value Shares
Change
Change in
Stake
RA
51
Royce & Associates
New York
$9.33M -$291K -11,170 -3%
BNP Paribas Financial Markets
52
BNP Paribas Financial Markets
France
$9.31M +$6.23M +239,469 +213%
DSCM
53
Divisadero Street Capital Management
Florida
$8.32M -$754K -28,973 -8%
KFO
54
Kopp Family Office
Minnesota
$7.91M -$869K -33,375 -10%
Millennium Management
55
Millennium Management
New York
$7.48M -$13M -500,287 -64%
Mirae Asset Global ETFs Holdings
56
Mirae Asset Global ETFs Holdings
Hong Kong
$7.1M +$1.53M +58,652 +28%
HIM
57
Herald Investment Management
United Kingdom
$6.93M +$1.34M +51,400 +24%
CCMG
58
Clark Capital Management Group
Pennsylvania
$6.73M +$589K +22,623 +10%
Aberdeen Group
59
Aberdeen Group
United Kingdom
$6.65M -$966K -37,114 -13%
Goldman Sachs
60
Goldman Sachs
New York
$6.3M -$1.27M -48,664 -17%
Verition Fund Management
61
Verition Fund Management
Connecticut
$6.05M +$3.54M +135,983 +147%
Assenagon Asset Management
62
Assenagon Asset Management
Luxembourg
$5.66M -$9.56M -367,219 -63%
SCA
63
Summit Creek Advisors
Minnesota
$5.49M -$241K -9,246 -4%
EGM
64
Engineers Gate Manager
New York
$5.28M +$1.53M +58,686 +42%
PCM
65
Portolan Capital Management
Massachusetts
$4.97M +$1.29M +49,456 +36%
SST
66
S Squared Technology
New York
$4.9M +$4.81M +185,000 New
Squarepoint
67
Squarepoint
New York
$4.72M +$665K +25,562 +17%
PCA
68
Prospect Capital Advisors
California
$4.67M -$1.48M -56,870 -24%
GA
69
Gagnon Advisors
New York
$4.43M
AllianceBernstein
70
AllianceBernstein
Tennessee
$4.35M +$1.99M +76,432 +87%
Marshall Wace
71
Marshall Wace
United Kingdom
$4.28M -$5.52M -212,090 -57%
OBAM
72
ODDO BHF Asset Management
France
$4.24M
OPFM
73
Optimus Prime Fund Management
Cayman Islands
$4.09M
NC
74
Nicholas Company
Wisconsin
$4.06M
TC
75
TwinBeech Capital
New York
$3.95M +$3.89M +149,291 New

FIVN Hedge Fund Activity: Q2 2025 in Review

294 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in FIVE9 (FIVN) for Q2 2025, worth a combined $2.33B — up 4% from $2.24B a quarter earlier.

Sellers outnumbered buyers: 65 funds closed out of FIVN and 56 opened new positions — a net loss of 9 holders — while 108 trimmed existing stakes and 96 added.

The largest buyer was Fidelity International, opening a new position worth an estimated $66.9M. The largest seller was Norges Bank, cutting an estimated $39.7M.

  • 294 institutional investors held FIVE9 (FIVN) as of Q2 2025, down from 306 in Q1 2025.
  • Funds reported $2.33B of FIVE9 stock for Q2 2025, up 4% quarter-over-quarter.
  • 56 funds opened new FIVE9 positions in Q2 2025 and 65 closed out, a net change of -9 holders.
  • The largest FIVE9 buyer in Q2 2025 was Fidelity International, an estimated $66.9M added.
  • The largest FIVE9 seller in Q2 2025 was Norges Bank, an estimated $39.7M sold.

Based on aggregated 13F filings for Q2 2025.