FIVE9 INC FIVN
COM · Common Stock · CUSIP 338307101 · ISIN US3383071012
* 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 ($6.4m this quarter). Holder counts are more reliable. Shares outstanding: 72.2m as of 2023-08-01, 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 ≈ $82.33. Options: 24 managers hold calls ($221.8m notional), 17 hold puts ($108.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 336 |
| Q4 2022 | 327 |
| Q1 2023 | 342 |
| Q2 2023 | 336 |
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 | 179 | 179 |
| Q1 2023 | 197 | 140 |
| Q2 2023 | 184 | 168 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $45.2m | $29.2m | 0.65 |
| Q4 2022 | $116.4m | $75.3m | 0.65 |
| Q1 2023 | $137.4m | $39.7m | 0.29 |
| Q2 2023 | $221.8m | $108.8m | 0.49 |
Biggest buyers
| VIKING GLOBAL INVESTORS LP | New | +2.2m |
| Alyeska Investment Group, L.P. | New | +1.2m |
| LORD, ABBETT & CO. LLC | New | +554.1k |
| Point72 Asset Management, L.P. | Added | +510.7k |
| JPMORGAN CHASE & CO | Added | +425.2k |
| WASATCH ADVISORS LP | Added | +330.3k |
| Driehaus Capital Management LLC | New | +322.1k |
| ALLIANCEBERNSTEIN L.P. | Added | +306.3k |
| Bain Capital Public Equity Management II, LLC | New | +286.8k |
| VANGUARD GROUP INC | Added | +256.4k |
Biggest sellers
| FMR LLC | Reduced | -4.0m |
| BlackRock Inc. | Reduced | -2.8m |
| SOMA EQUITY PARTNERS LP | Sold out | -1.1m |
| Dorsal Capital Management, LP | Sold out | -950.0k |
| AMERIPRISE FINANCIAL INC | Reduced | -821.1k |
| MORGAN STANLEY | Reduced | -543.4k |
| Clearbridge Investments, LLC | Sold out | -518.3k |
| Allspring Global Investments Holdings, LLC | Reduced | -413.9k |
| EVENTIDE ASSET MANAGEMENT, LLC | Reduced | -372.0k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -319.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $44.1m535.0k shares |
| SOROS FUND MANAGEMENT LLC | Reduced | $33.0m400.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $32.0m387.9k shares |
| Jefferies Financial Group Inc. | Added | $31.2m378.2k shares |
| Atika Capital Management LLC | New | $21.0m2.5k shares |
| JANE STREET GROUP, LLC | Added | $20.3m245.8k shares |
| JPMORGAN CHASE & CO | New | $6.6m79.8k shares |
| Cubist Systematic Strategies, LLC | Added | $5.4m65.1k shares |
| SIMPLEX TRADING, LLC | Added | $5.3m64.7k shares |
| Walleye Trading LLC | Added | $5.2m62.7k shares |
Biggest puts
| SOROS FUND MANAGEMENT LLC | New | $41.2m500.0k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $20.5m2.5k shares |
| JPMORGAN CHASE & CO | New | $10.0m121.3k shares |
| CITADEL ADVISORS LLC | Added | $8.0m96.8k shares |
| CLEAR STREET LLC | New | $6.4m78.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.6m67.9k shares |
| Cubist Systematic Strategies, LLC | Added | $4.4m53.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.2m38.9k shares |
| GROUP ONE TRADING LLC | Added | $3.1m37.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $2.6m31.4k 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 |
|---|---|
| BlackRock, Inc. 13G · institution +7.7 pts · filed 2026-08-06 | 15.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution +1.3 pts · filed 2026-08-06 | 10.3% |
| AMERIPRISE FINANCIAL INC 13G · institution new · filed 2026-08-14 | 5.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: Voss Capital, LP (4.7%, 2026-10-16), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), PICTET ASSET MANAGEMENT SA (3.8%, 2026-02-27), FMR LLC (0.9%, 2026-02-05)
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 | — | 5 | $8.5m | — |
| Q1 2022 | 0 | — | 6 | $6.5m | — |
| Q2 2022 | 0 | — | 5 | $5.2m | — |
| Q3 2022 | 0 | — | 7 | $6.0m | — |
| Q4 2022 | 0 | — | 6 | $2.3m | — |
| Q1 2023 | 0 | — | 6 | $9.8m | $337.9k |
| Q2 2023 | 0 | — | 5 | $20.2m | $17.8m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-29 | Burkland Michael Chief Executive Officer | Sold plan | $4.3m53.7k shares |
| 2023-06-14 | Burkland Michael Chief Executive Officer | Sold plan | $8.0m107.3k shares |
| 2023-06-09 | Burkland Daniel P. Pres. & Chief Revenue Officer | Sold | $2.4m32.0k shares |
| 2023-06-09 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $750.4k10.0k shares |
| 2023-06-06 | Mansharamani Leena SVP, Chief Accounting Officer | Sold plan | $23.5k337 shares |
| 2023-06-05 | ZWARENSTEIN BARRY Chief Financial Officer | Sold plan | $1.2m17.9k shares |
| 2023-06-05 | Kozanian Panos EVP, Product Engineering | Sold plan | $1.2m16.7k shares |
| 2023-06-05 | Burkland Daniel P. Pres. & Chief Revenue Officer | Sold plan | $892.8k12.9k shares |
| 2023-06-05 | Mansharamani Leena SVP, Chief Accounting Officer | Sold plan | $87.9k1.3k shares |
| 2023-06-02 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $175.1k2.5k shares |
| 2023-05-22 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $162.7k2.5k shares |
| 2023-05-18 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $150.1k2.5k shares |
| 2023-05-17 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $137.6k2.5k shares |
| 2023-04-17 | ZWARENSTEIN BARRY Chief Financial Officer · By Trust | Sold plan | $712.3k10.0k 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 0.01% of their portfolio | 7.0m $577.9m | Added +256.4k |
| FMR LLC 0.03% of their portfolio | 4.9m $405.4m | Reduced -4.0m |
| PICTET ASSET MANAGEMENT SA 0.40% of their portfolio | 4.1m $336.1m | Added +221.1k |
| BlackRock Inc. 0.01% of their portfolio | 4.0m $328.6m | Reduced -2.8m |
| WASATCH ADVISORS LP 1.96% of their portfolio | 3.9m $323.1m | Added +330.3k |
| Sylebra Capital Ltd 8.65% of their portfolio | 2.6m $210.7m | Reduced -21.1k |
| ALLIANCEBERNSTEIN L.P. 0.08% of their portfolio | 2.5m $206.3m | Added +306.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.2m $179.3m | Reduced -251.8k |
| VIKING GLOBAL INVESTORS LP 0.73% of their portfolio | 2.2m $178.9m | New |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.1m $173.7m | Added +425.2k |
| T. Rowe Price Investment Management, Inc. 0.11% of their portfolio | 1.9m $160.5m | Reduced -28.5k |
| CITADEL ADVISORS LLC 0.16% of their portfolio | 1.8m $147.9m | Reduced -60.0k |
| Alyeska Investment Group, L.P. 0.76% of their portfolio | 1.2m $100.6m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $91.7m | Added +4.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $88.2m | Added +48.9k |
| EAGLE ASSET MANAGEMENT INC 0.46% of their portfolio | 993.5k $81.9m | Added +24.7k |
| RIVERBRIDGE PARTNERS LLC 0.85% of their portfolio | 821.4k $67.7m | Added +46.1k |
| Point72 Asset Management, L.P. 0.23% of their portfolio | 817.6k $67.4m | Added +510.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 807.5k $58.4m | Unchanged |
| NORGES BANK 0.01% of their portfolio | 741.4k $61.1m | Reduced -63.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 737.9k $60.8m | Reduced -7.7k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 699.8k $57.7m | Added +62.5k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.97% of their portfolio | 693.4k $57.2m | Reduced -372.0k |
| Hood River Capital Management LLC 1.69% of their portfolio | 688.3k $56.8m | Reduced -45.6k |
| Stephens Investment Management Group LLC 0.85% of their portfolio | 661.5k $54.5m | Reduced -60.2k |
| AXA S.A. 0.17% of their portfolio | 632.1k $52.1m | Added +166.9k |
| TREMBLANT CAPITAL GROUP 5.60% of their portfolio | 611.7k $50.4m | Added +2.4k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 554.1k $45.7m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 522.4k $43.1m | Added +15.7k |
| Assenagon Asset Management S.A. 0.16% of their portfolio | 505.5k $41.7m | Added +10.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 462.9k $38.2m | Added +179.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 455.8k $37.6m | Added +18.3k |
| Thrivent Financial for Lutherans 0.09% of their portfolio | 455.6k $37.6m | Added +19.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 422.3k $34.8m | Added +2.9k |
| Granite Investment Partners, LLC 1.29% of their portfolio | 392.7k $32.4m | Added +4.0k |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 381.6k $31.5m | Reduced -42.0k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 325.6k $26.8m | Reduced -413.9k |
| Driehaus Capital Management LLC 0.34% of their portfolio | 322.1k $26.6m | New |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 316.8k $26.1m | Reduced -302.7k |
| MORGAN STANLEY 0.00% of their portfolio | 305.3k $25.2m | Reduced -543.4k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 288.6k $23.8m | Added +62.1k |
| VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.54% of their portfolio | 288.2k $23.8m | Added +116.7k |
| Bain Capital Public Equity Management II, LLC 1.36% of their portfolio | 286.8k $23.6m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 283.9k $23.6m | Added +21.2k |
| Nishkama Capital, LLC 4.11% of their portfolio | 270.9k $22.3m | Added +30.9k |
| Amundi 0.01% of their portfolio | 266.2k $21.8m | Added +254.7k |
| BARCLAYS PLC 0.01% of their portfolio | 265.7k $21.9m | Added +214.7k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 262.1k $21.6m | Added +76.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 253.9k $20.9m | Added +237.5k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 250.0k $20.5m | Added +160.8k |
| Kopp Family Office, LLC 11.06% of their portfolio | 249.7k $20.6m | Reduced -14.5k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 233.7k $19.3m | Added +9.6k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.38% of their portfolio | 231.6k $19.1m | Reduced -140.2k |
| Prospect Capital Advisors, LLC 7.07% of their portfolio | 226.5k $18.7m | Added +2.4k |
| Ophir Asset Management Pty Ltd 3.87% of their portfolio | 225.3k $18.6m | Added +13.8k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 225.2k $18.6m | Reduced -72.4k |
| Schonfeld Strategic Advisors LLC 0.16% of their portfolio | 225.2k $18.6m | Added +219.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 212.7k $17.5m | Reduced -85.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 210.9k $17.4m | Added +126.1k |
| Alta Park Capital, LP 1.96% of their portfolio | 210.7k $17.4m | Reduced -109.1k |
| Calixto Global Investors, LP 20.07% of their portfolio | 210.1k $17.3m | Reduced -18.0k |
| GAGNON SECURITIES LLC 3.52% of their portfolio | 205.4k $16.9m | Added +3.0k |
| UBS Group AG 0.01% of their portfolio | 193.3k $15.9m | Added +154.4k |
| Coronation Fund Managers Ltd. 0.42% of their portfolio | 187.3k $15.4m | Added +8.7k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 186.5k $15.4m | Unchanged |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.08% of their portfolio | 178.5k $14.7m | New |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.71% of their portfolio | 168.4k $13.9m | New |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 167.2k $13.8m | Reduced -319.0k |
| ExodusPoint Capital Management, LP 0.16% of their portfolio | 163.4k $13.5m | Added +83.6k |
| SQN Investors LP 5.97% of their portfolio | 156.4k $12.9m | Reduced -57.8k |
| Swiss National Bank 0.01% of their portfolio | 155.7k $12.8m | Added +3.5k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 2.54% of their portfolio | 155.5k $12.8m | New |
| Jefferies Financial Group Inc. 0.25% of their portfolio | 141.9k $11.7m | Added +57.6k |
| BWCP, LP 4.10% of their portfolio | 140.3k $11.6m | New |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 138.9k $11.5m | Added +95.5k |
| Conestoga Capital Advisors, LLC 0.18% of their portfolio | 138.4k $11.4m | Added +577 |
| B. Metzler seel. Sohn & Co. AG 0.15% of their portfolio | 137.9k $11.4m | Added +76.1k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 136.0k $11.2m | Added +113.8k |
| Summit Creek Advisors LLC 1.38% of their portfolio | 133.5k $11.0m | Added +15.7k |
| ARMISTICE CAPITAL, LLC 0.26% of their portfolio | 124.0k $10.2m | Reduced -24.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 118.8k $9.8m | Added +33.0k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.23% of their portfolio | 117.2k $9.7m | Added +75.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 111.7k $9.2m | Reduced -821.1k |
| Swedbank AB 0.02% of their portfolio | 110.0k $9.1m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 103.8k $8.6m | Reduced -5.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 102.2k $8.4m | Reduced -6.1k |
| Melqart Asset Management (UK) Ltd 0.76% of their portfolio | 100.5k $8.3m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 100.1k $8.3m | Added +27.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 96.3k $7.9m | Added +13.0k |
| Gagnon Advisors, LLC 5.23% of their portfolio | 94.9k $7.8m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.12% of their portfolio | 94.7k $7.8m | Added +11.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 92.5k $7.6m | Reduced -3.2k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 91.5k $7.5m | Added +6.6k |
| G2 Investment Partners Management LLC 1.84% of their portfolio | 91.0k $7.5m | Added +31.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 90.9k $7.5m | Reduced -12.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 90.7k $7.5m | Added +68.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 89.6k $7.4m | Added +5.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 86.8k $7.2m | Reduced -1.3k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 86.6k $7.1m | Reduced -214.2k |
| SIMPLEX TRADING, LLC 0.30% of their portfolio | 86.0k $7.1m | Added +69.5k |