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 ($26.1m this quarter). Holder counts are more reliable. Shares outstanding: 55.1m as of 2025-06-04, 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 ≈ $131.19. Options: 25 managers hold calls ($283.0m notional), 23 hold puts ($300.5m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 425 |
| Q4 2022 | 482 |
| Q1 2023 | 499 |
| Q2 2023 | 489 |
| Q3 2023 | 455 |
| Q4 2023 | 504 |
| Q1 2024 | 499 |
| Q2 2024 | 464 |
| Q3 2024 | 404 |
| Q4 2024 | 426 |
| Q1 2025 | 412 |
| Q2 2025 | 462 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 201 | 260 |
| Q4 2023 | 230 | 217 |
| Q1 2024 | 213 | 253 |
| Q2 2024 | 224 | 276 |
| Q3 2024 | 182 | 297 |
| Q4 2024 | 205 | 187 |
| Q1 2025 | 221 | 200 |
| Q2 2025 | 236 | 227 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $370.8m | $325.1m | 0.88 |
| Q4 2024 | $322.5m | $228.3m | 0.71 |
| Q1 2025 | $304.9m | $162.1m | 0.53 |
| Q2 2025 | $283.0m | $300.5m | 1.06 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +2.5m |
| UBS Group AG | Added | +1.2m |
| Balyasny Asset Management L.P. | Added | +1.1m |
| FMR LLC | Added | +1.1m |
| Anomaly Capital Management, LP | New | +864.0k |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | +556.9k |
| TWO SIGMA ADVISERS, LP | Added | +469.9k |
| Hudson Bay Capital Management LP | Added | +446.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +365.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +355.9k |
Biggest sellers
| FIL Ltd | Reduced | -950.0k |
| Point72 Asset Management, L.P. | Reduced | -780.3k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -665.4k |
| WASATCH ADVISORS LP | Reduced | -645.0k |
| Cubist Systematic Strategies, LLC | Reduced | -484.9k |
| Junto Capital Management LP | Sold out | -437.6k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -411.6k |
| Broad Bay Capital Management, LP | Sold out | -392.7k |
| SAMLYN CAPITAL, LLC | Reduced | -360.4k |
| Ensign Peak Advisors, Inc | Reduced | -328.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $46.0m351.0k shares |
| CITADEL ADVISORS LLC | Reduced | $45.5m346.6k shares |
| JANE STREET GROUP, LLC | Reduced | $42.1m321.3k shares |
| IMC-Chicago, LLC | Reduced | $24.5m187.0k shares |
| Squarepoint Ops LLC | Added | $18.2m139.0k shares |
| PEAK6 LLC | Added | $18.1m137.8k shares |
| Twin Tree Management, LP | New | $13.9m105.9k shares |
| D. E. Shaw & Co., Inc. | Added | $13.2m100.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $11.6m88.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $9.2m70.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $52.2m398.0k shares |
| JANE STREET GROUP, LLC | Reduced | $38.8m296.1k shares |
| CITADEL ADVISORS LLC | Added | $37.2m283.3k shares |
| LMR Partners LLP | New | $30.2m230.4k shares |
| Squarepoint Ops LLC | Added | $17.4m133.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $16.6m126.5k shares |
| IMC-Chicago, LLC | Reduced | $15.8m120.8k shares |
| Walleye Trading LLC | Added | $15.4m117.4k shares |
| DeepCurrents Investment Group LLC | New | $13.1m1.0k shares |
| PEAK6 LLC | New | $12.3m93.4k 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 2025
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 2023 | 1 | $500.6k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $1.9m | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $972.2k | — |
| Q2 2025 | 0 | — | 4 | $1.6m | $598.2k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-26 | SPECTER ERIC M CAO | Sold | $719.2k5.5k shares |
| 2025-06-16 | Jhunjhunwala Amit Chief Information Officer | Sold | $212.8k1.7k shares |
| 2025-06-10 | Masciantonio Ronald James EVP, General Counsel | Sold | $81.2k658 shares |
| 2025-06-05 | Hill George Chief Retail Officer | Sold plan | $598.2k4.5k 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 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 5.3m $697.0m | Reduced -210.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.3m $696.2m | Reduced -117.1k |
| D. E. Shaw & Co., Inc. 0.38% of their portfolio | 2.9m $378.4m | Added +2.5m |
| FMR LLC 0.02% of their portfolio | 2.2m $288.6m | Added +1.1m |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $222.3m | Reduced -49.0k |
| UBS Group AG 0.04% of their portfolio | 1.6m $214.9m | Added +1.2m |
| WASATCH ADVISORS LP 1.12% of their portfolio | 1.6m $214.3m | Reduced -645.0k |
| AMERICAN CENTURY COMPANIES INC 0.11% of their portfolio | 1.5m $202.1m | Added +365.4k |
| FEDERATED HERMES, INC. 0.37% of their portfolio | 1.5m $196.4m | Added +11.0k |
| Capital World Investors 0.03% of their portfolio | 1.3m $176.0m | Added +20.8k |
| Balyasny Asset Management L.P. 0.38% of their portfolio | 1.3m $167.1m | Added +1.1m |
| FIL Ltd 0.14% of their portfolio | 1.2m $160.7m | Reduced -950.0k |
| MARSHALL WACE, LLP 0.16% of their portfolio | 1.0m $136.4m | Reduced -259.0k |
| RIVERBRIDGE PARTNERS LLC 2.17% of their portfolio | 1.0m $134.7m | Reduced -102.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 992.1k $130.2m | Reduced -40.1k |
| TWO SIGMA INVESTMENTS, LP 0.22% of their portfolio | 944.0k $123.8m | Added +312.5k |
| TWO SIGMA ADVISERS, LP 0.24% of their portfolio | 898.5k $117.9m | Added +469.9k |
| Anomaly Capital Management, LP 3.60% of their portfolio | 864.0k $113.3m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 2.97% of their portfolio | 845.9k $111.0m | Added +556.9k |
| NORGES BANK 0.01% of their portfolio | 844.9k $110.8m | Added +30.0k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 793.6k $104.1m | Added +204.6k |
| SAMLYN CAPITAL, LLC 1.43% of their portfolio | 749.3k $98.3m | Reduced -360.4k |
| Stephens Investment Management Group LLC 1.29% of their portfolio | 744.7k $97.7m | Added +34.0k |
| Pacifica Capital Investments, LLC 28.27% of their portfolio | 732.9k $96.1m | Added +60.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 690.6k $90.6m | Added +8.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 686.8k $90.1m | Added +70.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.32% of their portfolio | 669.3k $87.8m | Added +268.6k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 643.8k $84.5m | Added +154.6k |
| Giverny Capital Inc. 2.82% of their portfolio | 625.9k $82.1m | Added +4.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 589.7k $77.4m | Added +62.9k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 554.2k $72.7m | Reduced -158.4k |
| MORGAN STANLEY 0.00% of their portfolio | 548.2k $71.9m | Reduced -322.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 529.2k $69.4m | Reduced -22.4k |
| Hudson Bay Capital Management LP 0.41% of their portfolio | 471.5k $61.9m | Added +446.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 455.3k $59.7m | Reduced -300.0k |
| Hook Mill Capital Partners, LP 5.85% of their portfolio | 453.6k $59.5m | Added +203.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 420.1k $55.1m | Added +355.9k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 359.0k $46.9m | Reduced -411.6k |
| Ensign Peak Advisors, Inc 0.08% of their portfolio | 358.3k $47.0m | Reduced -328.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 356.0k $46.7m | Reduced -12.6k |
| Man Group plc 0.10% of their portfolio | 354.1k $46.5m | Reduced -14.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 340.6k $44.7m | Added +41.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 335.4k $44.0m | Reduced -314.7k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 5.96% of their portfolio | 322.8k $42.3m | Added +244.1k |
| Capital Research Global Investors 0.01% of their portfolio | 319.2k $41.9m | Reduced -186.1k |
| BARCLAYS PLC 0.02% of their portfolio | 308.5k $40.5m | Added +257.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 280.6k $36.8m | Reduced -53.7k |
| Verition Fund Management LLC 0.21% of their portfolio | 272.7k $35.8m | Added +162.2k |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 268.6k $35.8m | Added +26.1k |
| Interval Partners, LP 0.77% of their portfolio | 256.4k $33.6m | Added +247.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 252.4k $33.1m | Reduced -290.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 237.8k $31.2m | Added +53.3k |
| COUNTRY TRUST BANK 0.70% of their portfolio | 237.7k $31.2m | Reduced -86.8k |
| Quantinno Capital Management LP 0.13% of their portfolio | 233.6k $30.6m | Added +142.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 212.8k $27.9m | Added +85.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 188.1k $24.7m | Reduced -12.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 186.4k $24.4m | Added +175.4k |
| MANE GLOBAL CAPITAL MANAGEMENT LP 1.08% of their portfolio | 181.3k $23.8m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 179.2k $23.5m | Reduced -162.3k |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 164.7k $21.6m | Reduced -51.4k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 164.6k $21.6m | Reduced -17.8k |
| Walleye Capital LLC 0.20% of their portfolio | 163.0k $21.4m | Added +115.6k |
| WINTON GROUP Ltd 1.06% of their portfolio | 158.2k $20.7m | Reduced -13.9k |
| Cresset Asset Management, LLC 0.10% of their portfolio | 157.0k $20.6m | Reduced -13.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 146.7k $19.2m | Reduced -11.9k |
| Trexquant Investment LP 0.22% of their portfolio | 146.7k $19.2m | Reduced -301.1k |
| Driehaus Capital Management LLC 0.15% of their portfolio | 143.5k $18.8m | New |
| ING GROEP NV 0.11% of their portfolio | 140.1k $18.4m | Reduced -118.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 131.9k $17.3m | Reduced -133.5k |
| Ampfield Management, L.P. 18.23% of their portfolio | 131.8k $17.3m | Reduced -88.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.45% of their portfolio | 128.3k $16.8m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.47% of their portfolio | 116.1k $15.2m | Added +61.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 114.0k $15.0m | Added +191 |
| Summit Creek Advisors LLC 2.04% of their portfolio | 111.9k $14.7m | Reduced -5.0k |
| Invenomic Capital Management LP 0.82% of their portfolio | 110.4k $14.5m | Reduced -119.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 110.3k $14.5m | Reduced -4.9k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 108.6k $14.2m | Added +47.5k |
| Legal & General Group Plc 0.00% of their portfolio | 108.1k $14.2m | Added +5.6k |
| Swiss National Bank 0.01% of their portfolio | 105.2k $13.8m | Reduced -1.4k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 104.6k $13.7m | Added +59.7k |
| Invesco Ltd. 0.00% of their portfolio | 97.7k $12.8m | Added +8.8k |
| Nuveen, LLC 0.00% of their portfolio | 92.2k $12.1m | Reduced -142.4k |
| Schonfeld Strategic Advisors LLC 0.09% of their portfolio | 91.2k $12.0m | Reduced -259.4k |
| PDT Partners, LLC 0.67% of their portfolio | 89.8k $11.8m | Added +37.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 89.5k $11.7m | Added +25.1k |
| EMERALD ADVISERS, LLC 0.43% of their portfolio | 88.6k $11.6m | Added +86.7k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.83% of their portfolio | 80.8k $10.6m | New |
| Shellback Capital, LP 0.68% of their portfolio | 78.0k $10.2m | New |
| Eisler Capital Management Ltd. 0.34% of their portfolio | 74.5k $9.8m | Reduced -71.2k |
| Grandeur Peak Global Advisors, LLC 1.14% of their portfolio | 72.3k $9.5m | Reduced -52.1k |
| ExodusPoint Capital Management, LP 0.11% of their portfolio | 71.1k $9.3m | Added +19.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 71.1k $9.3m | Reduced -665.4k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 70.1k $9.2m | Reduced -484.9k |
| LPL Financial LLC 0.00% of their portfolio | 69.3k $9.1m | Reduced -2.0k |
| Quantbot Technologies LP 0.23% of their portfolio | 68.0k $8.9m | Reduced -64.9k |
| Retirement Systems of Alabama 0.03% of their portfolio | 67.3k $8.8m | Added +338 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 63.6k $8.3m | Added +38.3k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 62.6k $8.2m | Reduced -780.3k |
| Engineers Gate Manager LP 0.10% of their portfolio | 61.5k $8.1m | Reduced -203 |
| Jain Global LLC 0.12% of their portfolio | 61.0k $8.0m | New |