FIVE BELOW INC FIVE
COM · Common Stock · CUSIP 33829M101 · ISIN US33829M1018
American publicly held chain of discount store
- SectorConsumer discretionary
- IndustryRetail-Variety Stores
- HeadquartersPhiladelphia, PA
- Founded2002
- Websitefivebelow.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($42.1m this quarter). Holder counts are more reliable. Shares outstanding: 55.7m as of 2023-06-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $196.45. Options: 24 managers hold calls ($159.8m notional), 27 hold puts ($234.0m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 425 |
| Q4 2022 | 482 |
| Q1 2023 | 499 |
| Q2 2023 | 489 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 251 | 196 |
| Q1 2023 | 220 | 254 |
| Q2 2023 | 203 | 257 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $175.4m | $248.4m | 1.42 |
| Q4 2022 | $256.3m | $315.3m | 1.23 |
| Q1 2023 | $173.9m | $187.9m | 1.08 |
| Q2 2023 | $159.8m | $234.0m | 1.46 |
Biggest buyers
| MONTRUSCO BOLTON INVESTMENTS INC. | Added | +520.7k |
| BlackRock Inc. | Added | +353.4k |
| Man Group plc | New | +300.6k |
| Balyasny Asset Management L.P. | New | +234.3k |
| Qube Research & Technologies Ltd | Added | +221.8k |
| Cresset Asset Management, LLC | Added | +211.4k |
| T. Rowe Price Investment Management, Inc. | Added | +210.2k |
| GOLDMAN SACHS GROUP INC | Added | +202.5k |
| VANGUARD GROUP INC | Added | +198.4k |
| CITADEL ADVISORS LLC | Added | +171.9k |
Biggest sellers
| FMR LLC | Reduced | -5.4m |
| Capital World Investors | Reduced | -824.4k |
| 1832 Asset Management L.P. | Reduced | -430.4k |
| MORGAN STANLEY | Reduced | -380.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -373.9k |
| Holocene Advisors, LP | Sold out | -291.1k |
| Invesco Ltd. | Reduced | -276.3k |
| Man Group plc | Sold out | -225.8k |
| J.P. Morgan Private Wealth Advisors LLC | Sold out | -183.6k |
| Squarepoint Ops LLC | Reduced | -141.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $47.9m243.7k shares |
| CITADEL ADVISORS LLC | Reduced | $34.3m174.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $14.8m75.2k shares |
| SIMPLEX TRADING, LLC | Added | $8.1m41.3k shares |
| Balyasny Asset Management L.P. | New | $7.9m40.0k shares |
| IMC-Chicago, LLC | Reduced | $7.1m36.2k shares |
| BANK OF MONTREAL /CAN/ | New | $6.0m30.0k shares |
| WOLVERINE TRADING, LLC | Added | $4.9m25.1k shares |
| Portman Square Capital LLP | New | $4.2m21.5k shares |
| MILLENNIUM MANAGEMENT LLC | New | $3.8m19.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $100.0m508.8k shares |
| CITADEL ADVISORS LLC | Reduced | $21.8m111.1k shares |
| SIMPLEX TRADING, LLC | Added | $21.1m107.2k shares |
| Balyasny Asset Management L.P. | New | $12.8m65.0k shares |
| PEAK6 Investments LLC | Added | $12.6m64.0k shares |
| Portman Square Capital LLP | New | $12.1m61.5k shares |
| IMC-Chicago, LLC | Reduced | $9.5m48.3k shares |
| Parallax Volatility Advisers, L.P. | Added | $7.2m36.8k shares |
| WOLVERINE TRADING, LLC | Added | $6.4m32.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $6.2m31.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), D. E. SHAW & CO, L.P. (3.9%, 2025-11-14), T. Rowe Price Investment Management, Inc. (0.0%, 2025-11-14)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $77.0k | — |
| Q4 2022 | 0 | — | 6 | $15.3m | — |
| Q1 2023 | 0 | — | 3 | $3.7m | — |
| Q2 2023 | 0 | — | 4 | $9.9m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-07 | SARGENT RONALD Director · By: Sargent Family Investment LLC | Sold | $10.6k55 shares |
| 2023-04-11 | Vellios Thomas Director | Sold | $4.4m20.0k shares |
| 2023-04-11 | Anderson Joel D President & CEO, director | Sold | $3.0m13.7k shares |
| 2023-04-11 | Buggeln Catherine Elizabeth Director | Sold | $491.2k2.3k shares |
| 2023-04-06 | SARGENT RONALD Director | Sold | $2.0m9.8k shares |
| 2023-04-04 | SARGENT RONALD Director | Sold | $41.8k200 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 5.3m $1.0bn | Added +198.4k |
| BlackRock Inc. 0.03% of their portfolio | 5.2m $1.0bn | Added +353.4k |
| FMR LLC 0.08% of their portfolio | 5.0m $986.6m | Reduced -5.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 4.0m $789.6m | Added +124.8k |
| T. Rowe Price Investment Management, Inc. 0.39% of their portfolio | 2.9m $576.0m | Added +210.2k |
| Capital Research Global Investors 0.10% of their portfolio | 1.9m $377.4m | Added +790 |
| WASATCH ADVISORS LP 2.05% of their portfolio | 1.7m $339.2m | Reduced -72.5k |
| STATE STREET CORP 0.02% of their portfolio | 1.5m $302.1m | Added +8.5k |
| RIVERBRIDGE PARTNERS LLC 3.45% of their portfolio | 1.4m $273.8m | Added +23.1k |
| MONTRUSCO BOLTON INVESTMENTS INC. 3.41% of their portfolio | 1.1m $219.9m | Added +520.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 1.1m $224.7m | Reduced -105.5k |
| Artisan Partners Limited Partnership 0.36% of their portfolio | 1.1m $224.5m | Added +100.3k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 1.0m $204.2m | Added +9.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 857.4k $168.5m | Added +46.7k |
| Capital World Investors 0.03% of their portfolio | 682.2k $134.1m | Reduced -824.4k |
| Giverny Capital Inc. 6.55% of their portfolio | 633.7k $124.6m | Added +31.7k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 621.6k $122.2m | Added +202.5k |
| RIVULET CAPITAL, LLC 7.21% of their portfolio | 602.2k $118.4m | Reduced -42.5k |
| MORGAN STANLEY 0.01% of their portfolio | 595.7k $117.1m | Reduced -380.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.35% of their portfolio | 547.6k $107.6m | Reduced -15.9k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 535.5k $105.2m | Added +76.8k |
| Qube Research & Technologies Ltd 0.40% of their portfolio | 531.5k $104.5m | Added +221.8k |
| Dorsal Capital Management, LP 4.17% of their portfolio | 530.0k $104.2m | Reduced -20.0k |
| Pacifica Capital Investments, LLC 31.39% of their portfolio | 518.8k $102.0m | Added +1.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 505.7k $99.4m | Reduced -10.1k |
| NORGES BANK 0.02% of their portfolio | 486.1k $95.5m | Added +89.5k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 478.3k $94.0m | Added +189 |
| EAGLE ASSET MANAGEMENT INC 0.50% of their portfolio | 459.1k $90.2m | Added +3.3k |
| GW&K Investment Management, LLC 0.82% of their portfolio | 438.8k $86.2m | Reduced -87.5k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.50% of their portfolio | 396.6k $77.9m | Added +38.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 395.2k $77.7m | Reduced -1.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 390.7k $76.8m | Reduced -2.7k |
| Baird Financial Group, Inc. 0.20% of their portfolio | 382.7k $75.2m | Reduced -1.5k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 379.2k $74.5m | Reduced -373.9k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 368.0k $72.3m | Reduced -71.6k |
| CIBC Private Wealth Group LLC 0.08% of their portfolio | 350.1k $68.8m | Added +101.8k |
| Stephens Investment Management Group LLC 0.97% of their portfolio | 316.4k $62.2m | Added +45.1k |
| Man Group plc 0.18% of their portfolio | 300.6k $59.1m | New |
| Squarepoint Ops LLC 0.31% of their portfolio | 288.0k $56.6m | Reduced -141.7k |
| TimesSquare Capital Management, LLC 0.81% of their portfolio | 287.9k $56.6m | Added +80.7k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 279.7k $55.0m | Added +171.9k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 271.8k $53.4m | Reduced -84.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 256.5k $50.4m | Added +90.5k |
| Cresset Asset Management, LLC 0.36% of their portfolio | 255.0k $50.1m | Added +211.4k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 248.1k $48.8m | Reduced -38.7k |
| Balyasny Asset Management L.P. 0.13% of their portfolio | 234.3k $46.0m | New |
| FIL Ltd 0.05% of their portfolio | 230.0k $45.2m | Reduced -27.5k |
| Spyglass Capital Management LLC 3.21% of their portfolio | 225.7k $44.4m | Reduced -51.2k |
| Thrivent Financial for Lutherans 0.10% of their portfolio | 219.8k $43.2m | Reduced -4.4k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 213.2k $41.9m | Added +66.8k |
| TREMBLANT CAPITAL GROUP 4.62% of their portfolio | 211.5k $41.6m | Reduced -17.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 211.4k $41.6m | Reduced -89.2k |
| Advent International, L.P. 0.46% of their portfolio | 203.3k $40.0m | Reduced -70.0k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 203.0k $39.9m | Reduced -7.0k |
| Cerity Partners LLC 0.15% of their portfolio | 199.5k $39.2m | Reduced -5.3k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 191.6k $37.6m | Reduced -411 |
| NATIONAL BANK OF CANADA /FI/ 0.07% of their portfolio | 187.1k $36.6m | Added +44.0k |
| TD Asset Management Inc 0.04% of their portfolio | 177.3k $34.8m | Added +10.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 172.7k $33.9m | Reduced -4.8k |
| RHUMBLINE ADVISERS 0.04% of their portfolio | 172.4k $33.9m | Added +5.3k |
| COUNTRY TRUST BANK 0.88% of their portfolio | 165.0k $32.4m | Reduced -6.3k |
| Ampfield Management, L.P. 22.69% of their portfolio | 161.5k $31.7m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 160.4k $31.5m | New |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 147.9k $29.1m | Reduced -37.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 146.7k $28.8m | Added +1.8k |
| FEDERATED HERMES, INC. 0.07% of their portfolio | 141.6k $27.8m | Added +54.7k |
| Invesco Ltd. 0.01% of their portfolio | 134.2k $26.4m | Reduced -276.3k |
| MONTAG & CALDWELL, LLC 3.11% of their portfolio | 129.8k $25.5m | Reduced -7.8k |
| Aberdeen Group plc 0.06% of their portfolio | 127.2k $25.0m | Added +2.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 125.7k $24.7m | Reduced -11.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 124.5k $24.5m | Reduced -74.1k |
| Swiss National Bank 0.02% of their portfolio | 121.2k $23.8m | Added +1.4k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 113.9k $22.4m | Reduced -24.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 108.4k $21.3m | Reduced -880 |
| Legal & General Group Plc 0.01% of their portfolio | 106.1k $20.8m | Reduced -7.5k |
| Crestwood Capital Management, L.P. 14.33% of their portfolio | 104.8k $20.6m | Added +18.9k |
| Retirement Systems of Alabama 0.09% of their portfolio | 103.1k $20.3m | Reduced -804 |
| California Public Employees Retirement System 0.02% of their portfolio | 102.9k $20.2m | Reduced -4.4k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 100.7k $20.1m | Added +91.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 100.4k $19.7m | Reduced -43.0k |
| Grandeur Peak Global Advisors, LLC 1.30% of their portfolio | 97.2k $19.1m | Reduced -13.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 96.3k $18.9m | Added +18.3k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.26% of their portfolio | 91.1k $17.9m | Reduced -2.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 90.5k $17.8m | Reduced -15.3k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 87.7k $17.2m | Reduced -1.8k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.10% of their portfolio | 84.5k $16.6m | Reduced -1.4k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 82.6k $16.2m | Reduced -2.3k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 81.7k $16.1m | Added +5.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 77.6k $16.0m | Unchanged |
| Summit Creek Advisors LLC 1.84% of their portfolio | 74.8k $14.7m | Added +55 |
| POLEN CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 73.0k $14.4m | Reduced -1.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 72.2k $14.2m | Added +5.2k |
| Coronation Fund Managers Ltd. 0.36% of their portfolio | 68.1k $13.4m | Reduced -4.1k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.25% of their portfolio | 67.8k $13.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 67.4k $13.2m | Reduced -1.8k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 65.3k $12.8m | Added +2.7k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 63.2k $12.4m | Reduced -5.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 63.0k $12.4m | Reduced -18 |
| Stony Point Capital LLC 3.98% of their portfolio | 62.3k $12.3m | Added +4.6k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.23% of their portfolio | 60.4k $11.9m | Reduced -10.9k |