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 ($46.6m this quarter). Holder counts are more reliable. Shares outstanding: 55.2m as of 2026-03-18, 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 ≈ $228.27. Options: 21 managers hold calls ($109.0m notional), 22 hold puts ($334.8m).
Trends to Q1 2026
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 |
| Q3 2025 | 503 |
| Q4 2025 | 554 |
| Q1 2026 | 633 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 224 | 276 |
| Q3 2024 | 182 | 297 |
| Q4 2024 | 205 | 187 |
| Q1 2025 | 221 | 200 |
| Q2 2025 | 236 | 227 |
| Q3 2025 | 296 | 187 |
| Q4 2025 | 277 | 249 |
| Q1 2026 | 376 | 242 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $283.0m | $300.5m | 1.06 |
| Q3 2025 | $293.6m | $177.8m | 0.61 |
| Q4 2025 | $362.4m | $270.8m | 0.75 |
| Q1 2026 | $109.0m | $334.8m | 3.07 |
Biggest buyers
| TWO SIGMA INVESTMENTS, LP | Added | +1.0m |
| AQR CAPITAL MANAGEMENT LLC | Added | +757.8k |
| SRS Investment Management, LLC | New | +722.8k |
| Qube Research & Technologies Ltd | Added | +481.9k |
| 1832 Asset Management L.P. | Added | +234.0k |
| JANE STREET GROUP, LLC | Added | +206.3k |
| Amundi | Added | +201.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +197.9k |
| Quantinno Capital Management LP | Added | +172.6k |
| MORGAN STANLEY | Added | +159.1k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -619.4k |
| D. E. Shaw & Co., Inc. | Reduced | -513.8k |
| CITADEL ADVISORS LLC | Reduced | -512.7k |
| UBS Group AG | Reduced | -511.3k |
| TWO SIGMA ADVISERS, LP | Sold out | -508.5k |
| MARSHALL WACE, LLP | Reduced | -451.3k |
| WASATCH ADVISORS LP | Reduced | -450.4k |
| Woodline Partners LP | Sold out | -397.1k |
| Pacifica Capital Investments, LLC | Reduced | -381.7k |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -289.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $34.0m148.6k shares |
| CITADEL ADVISORS LLC | Reduced | $16.7m72.9k shares |
| IMC-Chicago, LLC | Reduced | $13.9m61.0k shares |
| WELLS FARGO & COMPANY/MN | New | $11.4m50.0k shares |
| JANE STREET GROUP, LLC | Reduced | $7.5m32.9k shares |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | New | $5.7m25.1k shares |
| Walleye Trading LLC | Reduced | $4.4m19.3k shares |
| Alphadyne Asset Management LP | Reduced | $2.4m10.5k shares |
| Squarepoint Ops LLC | New | $2.3m10.2k shares |
| ExodusPoint Capital Management, LP | New | $2.3m10.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $143.2m626.6k shares |
| CITADEL ADVISORS LLC | Added | $56.0m244.9k shares |
| IMC-Chicago, LLC | Added | $44.2m193.6k shares |
| BARCLAYS PLC | Reduced | $19.4m85.0k shares |
| JANE STREET GROUP, LLC | Added | $16.3m71.5k shares |
| HRT FINANCIAL LP | New | $9.4m41.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.0m39.3k shares |
| GROUP ONE TRADING LLC | Reduced | $8.1m35.4k shares |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | New | $5.7m25.1k shares |
| PEAK6 LLC | Reduced | $4.6m20.0k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2025 | 0 | — | 2 | $555.1k | $435.3k |
| Q4 2025 | 0 | — | 5 | $7.3m | $1.4m |
| Q1 2026 | 0 | — | 4 | $8.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-26 | MARKEE RICHARD L Director | Sold | $696.1k3.0k shares |
| 2026-03-24 | SARGENT RONALD Director · By: Sargent Family Investment LLC | Sold | $2.3m10.0k shares |
| 2026-03-23 | SARGENT RONALD Director · By: Sargent Family Investment LLC | Sold | $2.3m10.0k shares |
| 2026-01-15 | BULL KENNETH R COO | Sold | $389.4k1.9k shares |
| 2026-01-13 | SPECTER ERIC M CAO | Sold | $1.7m8.5k shares |
| 2026-01-13 | BULL KENNETH R COO | Sold | $1.0m5.1k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 5.0m $1.1bn | Added +107.7k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.5m $565.3m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 2.4m $548.0m | First filing |
| AQR CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 1.9m $436.2m | Added +757.8k |
| AMERICAN CENTURY COMPANIES INC 0.21% of their portfolio | 1.8m $415.2m | Reduced -21.8k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $382.3m | Added +7.9k |
| FEDERATED HERMES, INC. 0.57% of their portfolio | 1.5m $349.5m | Added +21.2k |
| TWO SIGMA INVESTMENTS, LP 0.27% of their portfolio | 1.4m $327.7m | Added +1.0m |
| D. E. Shaw & Co., Inc. 0.25% of their portfolio | 1.4m $321.2m | Reduced -513.8k |
| MARSHALL WACE, LLP 0.33% of their portfolio | 1.3m $304.8m | Reduced -451.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.3m $295.4m | Added +197.9k |
| Capital World Investors 0.04% of their portfolio | 1.2m $285.3m | Added +44.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 1.2m $268.1m | Reduced -19.1k |
| Qube Research & Technologies Ltd 0.35% of their portfolio | 1.1m $244.6m | Added +481.9k |
| FMR LLC 0.01% of their portfolio | 1.0m $237.3m | Added +26.5k |
| Invesco Ltd. 0.02% of their portfolio | 1.0m $230.7m | Added +123.4k |
| UBS Group AG 0.04% of their portfolio | 880.2k $201.1m | Reduced -511.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 848.5k $193.8m | Reduced -552 |
| Balyasny Asset Management L.P. 0.38% of their portfolio | 848.1k $193.8m | Reduced -21.6k |
| MORGAN STANLEY 0.01% of their portfolio | 822.1k $187.8m | Added +159.1k |
| WASATCH ADVISORS LP 1.24% of their portfolio | 818.4k $187.0m | Reduced -450.4k |
| MILLENNIUM MANAGEMENT LLC 0.13% of their portfolio | 733.1k $167.5m | Added +28.2k |
| SRS Investment Management, LLC 1.74% of their portfolio | 722.8k $165.2m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 668.3k $152.7m | Reduced -80 |
| Giverny Capital Inc. 5.16% of their portfolio | 617.2k $141.0m | Reduced -20.6k |
| Stephens Investment Management Group LLC 1.80% of their portfolio | 576.1k $131.6m | Reduced -48.8k |
| CITADEL ADVISORS LLC 0.09% of their portfolio | 575.7k $131.5m | Reduced -512.7k |
| RIVERBRIDGE PARTNERS LLC 3.20% of their portfolio | 572.3k $130.8m | Reduced -242.3k |
| JENNISON ASSOCIATES LLC 0.09% of their portfolio | 563.0k $128.6m | Reduced -279.8k |
| Quantinno Capital Management LP 0.20% of their portfolio | 522.2k $119.3m | Added +172.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 513.4k $117.3m | Added +144.0k |
| Alyeska Investment Group, L.P. 0.32% of their portfolio | 493.2k $112.7m | Reduced -42.4k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.37% of their portfolio | 478.7k $109.4m | Reduced -619.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 476.0k $108.8m | Reduced -9.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 459.6k $101.0m | Added +50.4k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 452.5k $103.4m | Reduced -1.2k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 444.8k $101.6m | Added +6.0k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 368.3k $84.1m | Reduced -14.6k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 358.3k $81.9m | Added +234.0k |
| Squarepoint Ops LLC 0.17% of their portfolio | 355.6k $81.2m | Reduced -37.8k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 342.3k $78.2m | First filing |
| Hook Mill Capital Partners, LP 6.03% of their portfolio | 299.3k $68.4m | Reduced -131.7k |
| Nuveen, LLC 0.02% of their portfolio | 291.6k $66.6m | Added +91.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 289.0k $66.0m | Added +24.8k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 286.3k $65.4m | Reduced -173.5k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 286.3k $65.4m | Added +24.8k |
| Trexquant Investment LP 0.46% of their portfolio | 279.2k $63.8m | Added +90.9k |
| Hood River Capital Management LLC 0.62% of their portfolio | 268.8k $61.4m | Added +2.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 258.2k $59.0m | Added +4.7k |
| Pacifica Capital Investments, LLC 16.75% of their portfolio | 215.3k $49.2m | Reduced -381.7k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 208.7k $47.7m | Added +206.3k |
| Amundi 0.01% of their portfolio | 205.6k $47.0m | Added +201.9k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 203.7k $46.5m | Added +94.4k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.19% of their portfolio | 192.9k $44.1m | Added +102.3k |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 5.26% of their portfolio | 192.7k $44.0m | Reduced -72.6k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 183.7k $42.0m | Reduced -3.0k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.26% of their portfolio | 177.4k $40.5m | First filing |
| Man Group plc 0.08% of their portfolio | 175.7k $40.1m | Reduced -76.7k |
| IEQ CAPITAL, LLC 0.18% of their portfolio | 169.8k $38.8m | Added +36.1k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 165.7k $37.9m | Reduced -2.4k |
| SG Americas Securities, LLC 0.04% of their portfolio | 163.5k $37.4m | Added +142.8k |
| Driehaus Capital Management LLC 0.26% of their portfolio | 156.8k $35.8m | Added +24.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 153.1k $35.0m | Added +10.4k |
| Cartenna Capital, LP 1.50% of their portfolio | 150.0k $34.3m | Reduced -40.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 149.7k $34.1m | Added +23.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 148.6k $33.9m | Added +208 |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 139.0k $31.8m | Added +4.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 138.4k $31.6m | Added +2.6k |
| HRT FINANCIAL LP 0.10% of their portfolio | 127.8k $29.2m | New |
| COUNTRY TRUST BANK 0.55% of their portfolio | 127.3k $29.1m | Reduced -40.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 126.2k $28.9m | Reduced -73.2k |
| TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio | 125.3k $28.6m | New |
| Schonfeld Strategic Advisors LLC 0.23% of their portfolio | 123.4k $28.2m | Added +46.1k |
| Walleye Capital LLC 0.17% of their portfolio | 121.6k $27.8m | Added +97.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 121.0k $27.6m | Added +70.1k |
| Gotham Asset Management, LLC 0.08% of their portfolio | 120.1k $27.4m | Added +28.4k |
| ING GROEP NV 0.15% of their portfolio | 109.9k $25.1m | New |
| Swiss National Bank 0.01% of their portfolio | 109.2k $24.9m | Added +400 |
| California Public Employees Retirement System 0.02% of their portfolio | 106.7k $24.4m | Added +9.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 102.6k $23.4m | New |
| Interval Partners, LP 0.76% of their portfolio | 96.9k $22.2m | Reduced -238.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 96.0k $21.9m | Reduced -12.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 95.2k $21.8m | Added +93.9k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 93.6k $21.4m | Reduced -62.3k |
| Engineers Gate Manager LP 0.27% of their portfolio | 93.2k $21.3m | Added +64.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.49% of their portfolio | 92.5k $21.1m | Reduced -33.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 92.2k $21.1m | Reduced -12.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 90.9k $17.1m | Reduced -12.5k |
| BARCLAYS PLC 0.01% of their portfolio | 90.3k $20.6m | Reduced -243.3k |
| Mariner, LLC 0.02% of their portfolio | 90.1k $20.6m | Added +51.1k |
| Treasurer of the State of North Carolina 0.06% of their portfolio | 87.3k $20.0m | Added +6.7k |
| Verition Fund Management LLC 0.19% of their portfolio | 85.7k $19.6m | Reduced -40.4k |
| EMERALD ADVISERS, LLC 0.60% of their portfolio | 83.4k $19.0m | Reduced -2.3k |
| PICTON MAHONEY ASSET MANAGEMENT 0.18% of their portfolio | 76.4k $17.5m | Added +24.7k |
| Legal & General Group Plc 0.00% of their portfolio | 72.9k $16.7m | Reduced -12.1k |
| Beck Bode, LLC 2.77% of their portfolio | 71.6k $16.4m | New |
| Corient Private Wealth LP 0.02% of their portfolio | 67.7k $15.4m | Reduced -92.8k |
| Retirement Systems of Alabama 0.05% of their portfolio | 67.6k $15.4m | Added +1.4k |
| COOKSON PEIRCE & CO INC 0.64% of their portfolio | 65.9k $15.1m | Added +59.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 64.8k $14.8m | Added +899 |