Free · no sign-up · Q2 2026

Which funds own FIVE

Five Below Inc in the Q2 2026 filings. At least 10 of the 91 current managers on file reported a position, worth $888m between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 9 managers opened or added against 3 cutting.

Managers holding: 10; at least, of 91 current
Combined value: $888m; as reported
Opened: 2; new this quarter
Added to: 7; already held
Trimmed or sold out: 3; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Two Sigma Investments LP Quantitative · $138bn book	$289m	0.2%	1,605,648	-$39m+171,403	Added
Marshall Wace LLP Quantitative · $127bn book	$276m	0.2%	1,537,377	-$28m+203,460	Added
Balyasny Asset Management LLC Multi-strategy · $80.2bn book	$135m	0.2%	753,263	-$58m-94,802	Trimmed
Freestone Grove Partners LP Multi-strategy · $15.6bn book	$53m	0.3%	292,384	opened292,384	New
Walleye Capital LLC Multi-strategy · $28.0bn book	$38m	0.1%	212,382	+$10m+90,767	Added
Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book	$29m	0.1%	162,078	+$1.0m+38,706	Added
Bridgewater Associates LP Macro · $24.4bn book	$23m	0.1%	129,642	+$9.2m+67,747	Added
Verition Fund Management LLC Multi-strategy · $19.7bn book	$21m	0.1%	118,438	+$1.7m+32,751	Added
Discovery Capital Management LLC Macro · $2.4bn book	$19m	0.8%	102,700	opened102,700	New
Winton Group Ltd Quantitative · $3.1bn book	$4.6m	0.1%	25,702	-$300k+4,190	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

PDT Partners LLC · Quantitative$10m held before
Maverick Capital Ltd · Long/short equity$800k held before

Ownership through time

At least 21 of the 95 managers whose filings are on file listed FIVE in Q2 2026, against 8 in Q2 2013. 3 managers fewer than in Q1 2026: 3 started positions; 1 listed it again; 2 sold out, by their own filings; 5 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Largest increases, by shares

Wellington Management Group LLP1,173,601 to 1,811,650 shares+$115m
Freestone Grove Partners LPnew: 292,384 shares+$53m
Woodline Partners LPnew: 236,339 shares+$42m
Marshall Wace LLP1,333,917 to 1,537,377 shares+$37m
Two Sigma Investments LP1,434,245 to 1,605,648 shares+$31m

Largest decreases, by shares

D. E. Shaw & Co.1,405,810 to 638,465 shares-$138m
Capital World Investors1,248,654 to 624,334 shares-$112m
Balyasny Asset Management LLC848,065 to 753,263 shares-$17m
Squarepoint Ops LLC355,552 to 292,289 shares-$11m
Quantbot Technologies LP62,541 to 15,975 shares-$8.4m

Left it

PDT Partners LLCwas $10m
Maverick Capital Ltdwas $836k

Manager	First listed	Largest	Q2 2026
AQR Capital Management LLC	Q3 2018	$436m	$340m
Wellington Management Group LLP	Q2 2013	$615m	$326m
Two Sigma Investments LP	Q1 2017	$328m	$289m
Marshall Wace LLP	Q4 2014	$336m	$276m
Balyasny Asset Management LLC	Q2 2018	$194m	$135m
D. E. Shaw & Co.	Q2 2018	$378m	$115m
Capital World Investors	Q2 2013	$622m	$112m
Arrowstreet Capital LP	Q1 2018	$94m	$73m
Renaissance Technologies LLC	Q2 2015	$135m	$66m
Freestone Grove Partners LP	Q3 2025	$53m	$53m
Squarepoint Ops LLC	Q1 2015	$89m	$53m
Point72 Asset Management LP	Q2 2014	$101m	$52m
Woodline Partners LP	Q4 2025	$75m	$42m
Walleye Capital LLC	Q2 2021	$38m	$38m
Man Group PLC	Q1 2021	$71m	$29m
Fidelity (FMR LLC)	Q2 2013	$1.1bn	last listed Q1 2024
T. Rowe Price Associates Inc	Q2 2013	$802m	last listed Q3 2024
AllianceBernstein LP	Q2 2013	$403m	last listed Q1 2024
Capital Research Global Investors	Q2 2013	$398m	last listed Q2 2025
MFS Investment Management	Q2 2013	$283m	last listed Q2 2024
Artisan Partners LP	Q2 2013	$245m	last listed Q1 2024
Invesco Ltd	Q3 2018	$232m	last listed Q2 2021
Citadel Advisors LLC	Q4 2018	$205m	last listed Q4 2025
Millennium Management LLC	Q4 2015	$167m	last listed Q1 2026
Holocene Advisors LP	Q3 2019	$157m	last listed Q1 2025

What FIVE is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around FIVE →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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