Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Five Below Inc (FIVE)

598 + Investors. Track Smart Money conviction in FIVE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -26
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — FIVE

Based on 606 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FIVE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
606 hedge funds hold FIVE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +30% more funds vs a year ago

fund count last 6Q
+139 new funds entered over the past year (+30% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 44% buying

292 buying374 selling
Last quarter: 374 funds reduced or exited vs 292 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-54 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 98 → 133 → 146 → 92. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 21% medium ■ 23% new
340 out of 606 hedge funds have held FIVE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +17%, value -22%

Value
-21%
Shares
+17%
Last quarter: funds added +17% more shares while total portfolio value only changed -22%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~92 new funds/quarter

115 → 98 → 133 → 146 → 92 new funds/Q
New funds entering each quarter: 98 → 133 → 146 → 92. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 65% veterans vs 25% newcomers

■ 65% veterans ■ 9% 1-2yr ■ 25% new
Entry-cohort mix of 639 holders: 418 (65%) are 2+ year veterans, 59 entered 1–2 years ago, and 162 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 54% AUM from top-100 funds

54% from top-100 AUM funds
64 of 603 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in FIVE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FIVE

In 2026 Q2, 292 hedge funds were net buyers of FIVE (92 opened a new position, 200 added to an existing one), while 374 reduced or exited (256 trimmed, 118 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 54% of total institutional value in FIVE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -26 funds (more exits than new entries). Total institutional holders: 606.

Hedge Fund Ownership: FIVE

How many hedge funds hold FIVE — quarterly history vs. share price
Quarterly hedge fund ownership of FIVE vs. share price

Market Analysis: FIVE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FIVE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Five Below Inc (FIVE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FIVE has moved relative to its sector benchmark (XLY) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 60d ago
FIVE
+34.9%
XLY
-0.4%

FIVE outperformed XLY by +35.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 15d ago
FIVE
-0.8%
XLY
-1.2%

Since the filing became public, FIVE outperformed XLY by +0.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 1 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: FIVE
598 + Investors

Track Smart Money conviction in FIVE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 598 632 -5.38%
13F Shares 56M 58M -2.73%
Total Value $10.00B $12.89B -22.39%
New Positions 91 146 -55
Increased Positions 188 234 -46
Closed Positions 122 68 +54
Reduced Positions 248 186 +62
Total Calls 20 17 17.65%
Total Puts 16 17 -5.88%
PUT/CALL Ratio 0.8 1.0 Neutral

Statistics: FIVE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

598 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FIVE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FIVE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pacifica Capital Investments, LLC 12.62% 205,622 $37.0M
2 Hook Mill Capital Partners, LP 6.65% 398,770 $71.7M
3 Tabor Asset Management, LP 5.23% 95,331 $17.1M
4 Varenne Capital Partners 4.19% 140,847 $25.3M
5 Giverny Capital Inc. 3.62% 598,122 $107.5M
6 Panoramic Capital, LLC 3.31% 42,798 $7.7M
7 Beck Bode, LLC 2.23% 81,857 $14.7M
8 Fund 1 Investments, LLC 2.17% 72,621 $13.1M
9 Riverbridge Partners LLC 2.15% 428,994 $77.1M
10 Semper Augustus Investments Group LLC 2.15% 105,657 $19.0M
11 Summit Creek Advisors LLC 1.93% 31,530 $5.7M
12 SRS Investment Management, LLC 1.84% 1,105,109 $198.7M
13 SMA Capital LLC 1.31% 17,396 $3.1M
14 Stephens Investment Management Group LLC 1.11% 576,176 $103.6M
15 Twinbeech Capital LP 1.06% 32,458 $5.8M
16 Interval Partners, LP 0.98% 212,273 $38.2M
17 Night Squared LP 0.83% 42,781 $7.7M
18 Dynamic Technology Lab Private Ltd 0.78% 19,436 $3.5M
19 Discovery Capital Management, LLC / Ct 0.77% 102,700 $18.5M
20 West Michigan Advisors, LLC 0.74% 14,810 $3.4M
21 Monimus Capital Management, LP 0.65% 15,547 $2.8M
22 Hussman Strategic Advisors, INC. 0.61% 14,700 $2.6M
23 Capricorn Fund Managers Ltd 0.60% 42,500 $7.6M
24 Index Technologies Group LLC 0.59% 4,114 $740K
25 JW Asset Management, LLC 0.56% 10,000 $1.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Five Below Inc (FIVE)

What does the Smart Money Trend signal show for FIVE?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FIVE positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FIVE?

More sellers than buyers — 44% buying: Last quarter: 374 funds reduced or exited vs 292 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FIVE holders?

Elite ownership — 54% AUM from top-100 funds: 64 of 603 holders are among the 100 largest funds by AUM, controlling 54% of total institutional value in FIVE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FIVE?

56% of holders stayed for 2+ years: 340 out of 606 hedge funds have held FIVE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Five Below Inc (FIVE) following the 2026 Q2 hedge fund 13F filings?

As of today, FIVE has moved -0.8% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.2% for the XLY sector ETF — an outperformance of +0.4%. Since the quarter end (June 30, 2026), FIVE has gained +34.9% vs -0.4% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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