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 ($3.7m this quarter). Holder counts are more reliable. Shares outstanding: 73.9m as of 2024-04-26, 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 ≈ $62.11. Options: 25 managers hold calls ($256.9m notional), 20 hold puts ($41.5m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 336 |
| Q4 2022 | 327 |
| Q1 2023 | 342 |
| Q2 2023 | 336 |
| Q3 2023 | 328 |
| Q4 2023 | 350 |
| Q1 2024 | 310 |
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 |
| Q3 2023 | 176 | 148 |
| Q4 2023 | 174 | 171 |
| Q1 2024 | 177 | 172 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $221.8m | $108.8m | 0.49 |
| Q3 2023 | $126.6m | $96.0m | 0.76 |
| Q4 2023 | $180.1m | $81.7m | 0.45 |
| Q1 2024 | $256.9m | $41.5m | 0.16 |
Biggest buyers
| FMR LLC | Added | +2.2m |
| FIRST TRUST ADVISORS LP | New | +1.2m |
| Van Berkom & Associates Inc. | New | +853.3k |
| Pictet Asset Management Holding SA | Added | +809.2k |
| Squarepoint Ops LLC | Added | +753.2k |
| VIKING GLOBAL INVESTORS LP | Added | +738.0k |
| BlackRock Inc. | Added | +691.1k |
| AMERIPRISE FINANCIAL INC | Added | +547.6k |
| GOLDMAN SACHS GROUP INC | Added | +364.7k |
| JANE STREET GROUP, LLC | Added | +298.1k |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Sold out | -1.4m |
| LORD, ABBETT & CO. LLC | Sold out | -1.0m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -852.0k |
| Assenagon Asset Management S.A. | Sold out | -837.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -774.2k |
| AXA S.A. | Reduced | -760.5k |
| JPMORGAN CHASE & CO | Reduced | -611.4k |
| UBS Group AG | Reduced | -585.7k |
| MORGAN STANLEY | Reduced | -529.3k |
| Holocene Advisors, LP | Sold out | -360.5k |
Biggest calls
| UBS Group AG | New | $175.4m2.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $13.3m214.2k shares |
| CITADEL ADVISORS LLC | Reduced | $11.9m191.0k shares |
| JPMORGAN CHASE & CO | Unchanged | $9.9m159.6k shares |
| SIMPLEX TRADING, LLC | Added | $8.7m139.7k shares |
| Walleye Trading LLC | Added | $4.9m79.6k shares |
| PEAK6 Investments LLC | Reduced | $4.7m76.1k shares |
| TREMBLANT CAPITAL GROUP | New | $4.7m75.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $3.8m61.7k shares |
| Cubist Systematic Strategies, LLC | Reduced | $3.2m52.0k shares |
Biggest puts
| JPMORGAN CHASE & CO | Unchanged | $15.1m242.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.2m116.4k shares |
| CITADEL ADVISORS LLC | Reduced | $7.0m112.4k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m35.8k shares |
| Cubist Systematic Strategies, LLC | Reduced | $1.4m23.1k shares |
| IMC-Chicago, LLC | New | $1.4m22.7k shares |
| GTS SECURITIES LLC | Added | $1.1m17.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1,000.0k16.1k shares |
| Caption Management, LLC | New | $931.6k15.0k shares |
| Walleye Capital LLC | Added | $888.2k14.3k 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 Q1 2024
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 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 |
| Q3 2023 | 0 | — | 5 | $5.6m | $5.2m |
| Q4 2023 | 0 | — | 5 | $3.3m | $3.2m |
| Q1 2024 | 0 | — | 6 | $5.2m | $3.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-06 | Dignan Andy CHIEF OPERATING OFFICER | Sold plan | $420.4k7.3k shares |
| 2024-03-05 | Burkland Michael Chief Executive Officer | Sold plan | $2.1m36.7k shares |
| 2024-03-05 | Burkland Daniel P. Pres. & Chief Revenue Officer | Sold | $674.9k11.6k shares |
| 2024-03-05 | ZWARENSTEIN BARRY Chief Financial Officer | Sold | $414.1k7.0k shares |
| 2024-03-05 | Dignan Andy CHIEF OPERATING OFFICER | Sold | $216.8k3.7k shares |
| 2024-03-05 | Kozanian Panos EVP, Product Engineering | Sold plan | $136.0k2.3k shares |
| 2024-03-04 | Burkland Michael Chief Executive Officer | Sold plan | $589.5k9.7k shares |
| 2024-03-04 | Kozanian Panos EVP, Product Engineering | Sold plan | $525.4k9.0k shares |
| 2024-03-04 | Mansharamani Leena SVP, Chief Accounting Officer | Sold plan | $88.4k1.5k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 7.4m $461.9m | Added +150.8k |
| FMR LLC 0.03% of their portfolio | 7.0m $437.2m | Added +2.2m |
| Pictet Asset Management Holding SA 0.36% of their portfolio | 5.3m $332.0m | Added +809.2k |
| BlackRock Inc. 0.01% of their portfolio | 4.6m $285.8m | Added +691.1k |
| WASATCH ADVISORS LP 1.12% of their portfolio | 3.5m $214.9m | Added +63.2k |
| VIKING GLOBAL INVESTORS LP 0.80% of their portfolio | 3.5m $214.4m | Added +738.0k |
| SYLEBRA CAPITAL LLC 4.84% of their portfolio | 2.3m $145.8m | Added +34.7k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 2.3m $141.9m | Added +85.7k |
| MORGAN STANLEY 0.00% of their portfolio | 1.9m $115.2m | Reduced -529.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.8m $108.8m | Reduced -46.8k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 1.7m $105.1m | Added +231.5k |
| Alyeska Investment Group, L.P. 0.56% of their portfolio | 1.4m $89.2m | Added +38.4k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 1.3m $81.2m | Added +547.6k |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $77.7m | Added +39.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $75.3m | Added +58.7k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.2m $73.6m | Added +151.3k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 1.2m $71.8m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 1.1m $65.3m | Added +231.2k |
| EAGLE ASSET MANAGEMENT INC 0.33% of their portfolio | 1.0m $64.0m | Added +6.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $62.8m | Reduced -611.4k |
| NORGES BANK 0.01% of their portfolio | 979.9k $60.9m | Reduced -24.5k |
| Stephens Investment Management Group LLC 0.75% of their portfolio | 911.6k $56.6m | Added +147.9k |
| Van Berkom & Associates Inc. 1.51% of their portfolio | 853.3k $53.0m | New |
| Squarepoint Ops LLC 0.21% of their portfolio | 806.3k $50.1m | Added +753.2k |
| RIVERBRIDGE PARTNERS LLC 0.58% of their portfolio | 760.3k $47.2m | Reduced -18.9k |
| AXA S.A. 0.14% of their portfolio | 751.2k $46.7m | Reduced -760.5k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 736.5k $45.7m | Reduced -77.3k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.69% of their portfolio | 705.3k $43.8m | Added +1.7k |
| TREMBLANT CAPITAL GROUP 4.28% of their portfolio | 613.1k $38.1m | Added +71.6k |
| Hood River Capital Management LLC 0.82% of their portfolio | 589.2k $36.6m | Added +4.3k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 588.9k $36.6m | Reduced -59.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 514.8k $32.0m | Reduced -25.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 465.2k $28.9m | Added +364.7k |
| ARMISTICE CAPITAL, LLC 0.76% of their portfolio | 461.1k $28.6m | Added +273.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 454.1k $28.2m | Added +6.9k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 450.1k $28.0m | Added +247.1k |
| Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio | 429.0k $26.8m | Added +46.8k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 422.2k $26.2m | Added +298.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 420.1k $26.1m | Added +250.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 407.0k $25.3m | Reduced -276 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 367.6k $22.8m | Reduced -11.2k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 329.6k $20.5m | Added +34.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 291.4k $18.1m | Added +243.6k |
| Prospect Capital Advisors, LLC 7.28% of their portfolio | 263.5k $16.4m | Added +1.2k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 253.4k $15.7m | Added +8.0k |
| Kopp LeRoy C 8.43% of their portfolio | 237.5k $14.8m | First filing |
| Kopp Family Office, LLC 8.43% of their portfolio | 237.5k $14.8m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 230.4k $14.3m | Reduced -95.5k |
| GAGNON SECURITIES LLC 3.33% of their portfolio | 226.4k $14.1m | Added +22.6k |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 219.0k $13.6m | Added +217.5k |
| TUDOR INVESTMENT CORP ET AL 0.16% of their portfolio | 212.0k $13.2m | Added +42.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 210.8k $13.1m | Added +155.4k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 206.1k $12.8m | Added +135.2k |
| UBS Group AG 0.00% of their portfolio | 202.7k $12.6m | Reduced -585.7k |
| FIRST SABREPOINT CAPITAL MANAGEMENT LP 5.53% of their portfolio | 200.0k $12.4m | Added +67.0k |
| Summit Creek Advisors LLC 1.55% of their portfolio | 198.4k $12.3m | Added +31.6k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 198.2k $12.3m | Reduced -83.9k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 192.2k $11.9m | Added +9.8k |
| Aberdeen Group plc 0.02% of their portfolio | 182.6k $11.3m | New |
| Penn Capital Management Company, LLC 1.00% of their portfolio | 181.2k $11.3m | Added +90.1k |
| Coronation Fund Managers Ltd. 0.30% of their portfolio | 179.6k $11.2m | Added +22.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 172.9k $10.7m | Reduced -774.2k |
| Point72 Asset Management, L.P. 0.03% of their portfolio | 169.0k $10.5m | Reduced -137.0k |
| ARDSLEY ADVISORY PARTNERS LP 1.48% of their portfolio | 166.0k $10.3m | Added +150.4k |
| Aperture Investors, LLC 1.26% of their portfolio | 159.0k $9.9m | Added +77.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 154.5k $9.6m | Added +47.5k |
| Trexquant Investment LP 0.19% of their portfolio | 153.5k $9.5m | Added +136.2k |
| SEGALL BRYANT & HAMILL, LLC 0.17% of their portfolio | 149.4k $9.3m | Added +14.1k |
| SQN Investors LP 5.97% of their portfolio | 148.6k $9.2m | Added +20.7k |
| BARCLAYS PLC 0.00% of their portfolio | 148.2k $9.2m | Added +19.4k |
| Conestoga Capital Advisors, LLC 0.13% of their portfolio | 144.8k $9.0m | Added +7.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 139.4k $8.7m | Reduced -144.1k |
| Woodline Partners LP 0.08% of their portfolio | 138.1k $8.6m | Added +99.7k |
| Swiss National Bank 0.01% of their portfolio | 136.3k $8.5m | Reduced -6.0k |
| ING GROEP NV 0.05% of their portfolio | 126.0k $7.8m | New |
| Melqart Asset Management (UK) Ltd 0.58% of their portfolio | 124.7k $7.7m | Reduced -4.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 123.3k $7.7m | Reduced -2.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 121.4k $7.5m | Reduced -5.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio | 116.2k $7.2m | New |
| Granahan Investment Management, LLC 0.25% of their portfolio | 113.3k $7.0m | Added +28.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 113.1k $7.0m | Reduced -852.0k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.13% of their portfolio | 112.6k $7.0m | Unchanged |
| NICHOLAS COMPANY, INC. 0.11% of their portfolio | 108.5k $6.7m | Added +29.8k |
| Teca Partners, LP 4.27% of their portfolio | 108.2k $6.7m | Added +9.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.03% of their portfolio | 105.3k $6.5m | Reduced -8.2k |
| Gagnon Advisors, LLC 5.62% of their portfolio | 104.3k $6.5m | Added +9.5k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.56% of their portfolio | 104.2k $6.5m | Added +3.6k |
| Pier Capital, LLC 0.88% of their portfolio | 103.3k $6.4m | Added +2.8k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 99.0k $6.1m | Added +6.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 96.5k $6.0m | Added +436 |
| Carlson Capital, L.P. 0.48% of their portfolio | 95.6k $5.9m | Reduced -48.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 94.8k $5.9m | Reduced -15.0k |
| Walleye Capital LLC 0.06% of their portfolio | 94.7k $5.9m | Added +50.5k |
| Stanley-Laman Group, Ltd. 0.79% of their portfolio | 91.1k $5.7m | Added +353 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 90.4k $5.6m | Reduced -44.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 86.9k $5.4m | Added +8.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 85.3k $5.3m | Reduced -8.4k |
| B. Metzler seel. Sohn & Co. AG 0.06% of their portfolio | 82.2k $5.1m | Added +7.0k |
| VISTA EQUITY PARTNERS MANAGEMENT, LLC 0.14% of their portfolio | 81.5k $5.1m | Reduced -42.8k |
| RK Capital Management, LLC 1.01% of their portfolio | 80.2k $5.0m | Added +27.0k |