Five Below (FIVE)


Market Price (8/25/2026): $264.05 | Market Cap: $14.6 BilSector: Consumer Discretionary | Industry: Specialty Stores

Five Below (FIVE)


Market Price (8/25/2026): $264.05
Market Cap: $14.6 Bil
Sector: Consumer Discretionary
Industry: Specialty Stores

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%

Low stock price volatility
Vol 12M is 40%

Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, and Value-Driven Consumption. Themes include Experiential Retail, and Discount Retail.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak multi-year price returns
3Y Excs Rtn is -36%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 26x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 21x

Key risks
FIVE key risks include [1] an aggressive store expansion strategy that is occurring while comparable store sales are declining, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 26%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%
2 Low stock price volatility
Vol 12M is 40%
3 Megatrend and thematic drivers
Megatrends include Experience Economy & Premiumization, and Value-Driven Consumption. Themes include Experiential Retail, and Discount Retail.
4 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
5 Weak multi-year price returns
3Y Excs Rtn is -36%
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 26x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 21x
7 Key risks
FIVE key risks include [1] an aggressive store expansion strategy that is occurring while comparable store sales are declining, Show more.

FIVE in ETFs

Weight = FIVE's share of each fund

VTI0.02%
ITOT0.02%
IWB0.02%
IJH0.35%
VB0.15%
MDYG0.70%
IJK0.68%
NUSC0.39%
+21 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/24/2026

Five Below (FIVE) stock has gained about 10% since 4/30/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Upgraded Full-Year Guidance.

Five Below reported robust financial results for its fiscal first quarter 2026 (ended April 30, 2026), released on June 3, 2026. The company's adjusted earnings per share (EPS) of $2.22 significantly surpassed analyst consensus estimates of $1.77 by $0.45, representing a 158% increase year-over-year. Net sales surged by 32.5% year-over-year to $1.29 billion, exceeding analyst expectations of $1.23 billion. Furthermore, comparable sales increased by 22.7%. Following this strong performance, Five Below raised its full-year fiscal 2026 sales outlook to a range of $5.40 billion to $5.48 billion and its adjusted diluted EPS guidance to between $8.65 and $9.05.

2. Positive Analyst Sentiment and Upgraded Price Targets.

Analyst coverage for Five Below demonstrated a largely optimistic outlook during the specified period, with a consensus "Buy" rating as of August 24, 2026. Numerous firms maintained or increased their price targets for the stock. For instance, in August 2026, UBS, Jefferies, and J.P. Morgan all maintained "Buy" ratings with price targets of $285, $350, and $325, respectively. Mizuho Securities also raised its price target from $220 to $260 in August 2026, following an upgrade from "Neutral" to "Outperform" in July 2026. The average analyst price target for FIVE as of August 24, 2026, stood at $262.80, suggesting a forecasted upside of 3.27% from the then-current price of $254.48.

Show more
Updated on 8/24/2026

Five Below (FIVE) stock has gained about 10% since 4/30/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Upgraded Full-Year Guidance.

Five Below reported robust financial results for its fiscal first quarter 2026 (ended April 30, 2026), released on June 3, 2026. The company's adjusted earnings per share (EPS) of $2.22 significantly surpassed analyst consensus estimates of $1.77 by $0.45, representing a 158% increase year-over-year. Net sales surged by 32.5% year-over-year to $1.29 billion, exceeding analyst expectations of $1.23 billion. Furthermore, comparable sales increased by 22.7%. Following this strong performance, Five Below raised its full-year fiscal 2026 sales outlook to a range of $5.40 billion to $5.48 billion and its adjusted diluted EPS guidance to between $8.65 and $9.05.

2. Positive Analyst Sentiment and Upgraded Price Targets.

Analyst coverage for Five Below demonstrated a largely optimistic outlook during the specified period, with a consensus "Buy" rating as of August 24, 2026. Numerous firms maintained or increased their price targets for the stock. For instance, in August 2026, UBS, Jefferies, and J.P. Morgan all maintained "Buy" ratings with price targets of $285, $350, and $325, respectively. Mizuho Securities also raised its price target from $220 to $260 in August 2026, following an upgrade from "Neutral" to "Outperform" in July 2026. The average analyst price target for FIVE as of August 24, 2026, stood at $262.80, suggesting a forecasted upside of 3.27% from the then-current price of $254.48.

3. Continued Aggressive Store Expansion Strategy.

Five Below's ongoing and aggressive store expansion contributed to its positive stock trend. The company opened 49 net new stores in fiscal Q1 2026, bringing its total store count to 1,970 across 46 states, marking a 7.9% increase from the prior year's first quarter. For the entire fiscal year 2026, Five Below anticipates opening approximately 150 net new stores, demonstrating a sustained growth trajectory and market penetration strategy. The company plans to invest between $230 million and $250 million in capital expenditure for fiscal 2026, primarily focused on new store openings, enhancing supply chain capacity, and technology investments.

4. Resilient Consumer Demand in the Discount Retail Sector.

Despite some broader macroeconomic uncertainties, the discount retail sector and Five Below's value proposition resonated with consumers. The company noted a "resilient consumer" in its fiscal Q1 2026 earnings, with strong performance across all income levels, stores, and departments. Although U.S. headline retail sales saw an unexpected 0.6% decline in July 2026, total retail and food services sales for the May through July 2026 period were still up 6.3% compared to the same period a year ago. Experts highlighted a prevailing "greater focus on value" from consumers in 2026, which is a significant dynamic reshaping the retail sector and generally benefits value-oriented retailers like Five Below.

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Stock Movement Drivers

Fundamental Drivers

The 11.5% change in FIVE stock from 4/30/2026 to 8/24/2026 was primarily driven by a 15.2% change in the company's Net Income Margin (%).
(LTM values as of)43020268242026Change
Stock Price ($)235.66262.7211.5%
Change Contribution By: 
Total Revenues ($ Mil)4,7645,0796.6%
Net Income Margin (%)7.5%8.7%15.2%
P/E Multiple36.333.0-9.1%
Shares Outstanding (Mil)5555-0.2%
Cumulative Contribution11.5%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/24/2026
ReturnCorrelation
FIVE11.5% 
Market (SPY)6.2%8.8%
Sector (XLY)-0.0%10.7%

Fundamental Drivers

The 37.1% change in FIVE stock from 1/31/2026 to 8/24/2026 was primarily driven by a 24.7% change in the company's Net Income Margin (%).
(LTM values as of)13120268242026Change
Stock Price ($)191.64262.7237.1%
Change Contribution By: 
Total Revenues ($ Mil)4,4275,07914.7%
Net Income Margin (%)7.0%8.7%24.7%
P/E Multiple34.333.0-4.0%
Shares Outstanding (Mil)5555-0.2%
Cumulative Contribution37.1%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/24/2026
ReturnCorrelation
FIVE37.1% 
Market (SPY)10.6%25.8%
Sector (XLY)-2.2%20.6%

Fundamental Drivers

The 92.4% change in FIVE stock from 7/31/2025 to 8/24/2026 was primarily driven by a 32.9% change in the company's Net Income Margin (%).
(LTM values as of)73120258242026Change
Stock Price ($)136.52262.7292.4%
Change Contribution By: 
Total Revenues ($ Mil)4,0355,07925.9%
Net Income Margin (%)6.5%8.7%32.9%
P/E Multiple28.533.015.5%
Shares Outstanding (Mil)5555-0.4%
Cumulative Contribution92.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/24/2026
ReturnCorrelation
FIVE92.4% 
Market (SPY)21.8%36.1%
Sector (XLY)7.5%29.7%

Fundamental Drivers

The 26.1% change in FIVE stock from 7/31/2023 to 8/24/2026 was primarily driven by a 60.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120238242026Change
Stock Price ($)208.34262.7226.1%
Change Contribution By: 
Total Revenues ($ Mil)3,1635,07960.6%
Net Income Margin (%)8.4%8.7%3.0%
P/E Multiple43.533.0-24.3%
Shares Outstanding (Mil)56550.7%
Cumulative Contribution26.1%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/24/2026
ReturnCorrelation
FIVE26.1% 
Market (SPY)72.7%40.2%
Sector (XLY)39.3%38.4%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
FIVE Return18%-15%21%-51%79%33%43%
Peers Return2%1%12%-1%39%-1%58%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
FIVE Win Rate83%50%67%42%75%75% 
Peers Win Rate52%48%62%47%65%48% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
FIVE Max Drawdown-29%-46%-33%-70%-47%-29% 
Peers Max Drawdown-28%-31%-29%-31%-20%-30% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DLTR, DG, OLLI, TJX, ROST. See FIVE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/24/2026 (YTD)

How Low Can It Go

EventFIVES&P 500
2025 US Tariff Shock
  % Loss-39.3%-18.8%
  % Gain to Breakeven64.6%23.1%
  Time to Breakeven34 days79 days
2024 Yen Carry Trade Unwind
  % Loss-35.6%-7.8%
  % Gain to Breakeven55.4%8.5%
  Time to Breakeven41 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-25.1%-9.5%
  % Gain to Breakeven33.6%10.5%
  Time to Breakeven66 days24 days
2023 SVB Regional Banking Crisis
  % Loss-18.2%-6.7%
  % Gain to Breakeven22.2%7.1%
  Time to Breakeven57 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-45.6%-24.5%
  % Gain to Breakeven83.8%32.4%
  Time to Breakeven229 days427 days
2020 COVID-19 Crash
  % Loss-55.2%-33.7%
  % Gain to Breakeven123.3%50.9%
  Time to Breakeven167 days140 days

Compare to DLTR, DG, OLLI, TJX, ROST

In The Past

Five Below's stock fell -39.3% during the 2025 US Tariff Shock. Such a loss loss requires a 64.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventFIVES&P 500
2025 US Tariff Shock
  % Loss-39.3%-18.8%
  % Gain to Breakeven64.6%23.1%
  Time to Breakeven34 days79 days
2024 Yen Carry Trade Unwind
  % Loss-35.6%-7.8%
  % Gain to Breakeven55.4%8.5%
  Time to Breakeven41 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-25.1%-9.5%
  % Gain to Breakeven33.6%10.5%
  Time to Breakeven66 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-45.6%-24.5%
  % Gain to Breakeven83.8%32.4%
  Time to Breakeven229 days427 days
2020 COVID-19 Crash
  % Loss-55.2%-33.7%
  % Gain to Breakeven123.3%50.9%
  Time to Breakeven167 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-26.0%-19.2%
  % Gain to Breakeven35.2%23.8%
  Time to Breakeven15 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-27.2%-12.2%
  % Gain to Breakeven37.4%13.9%
  Time to Breakeven98 days62 days
2014-2016 Oil Price Collapse
  % Loss-32.2%-6.8%
  % Gain to Breakeven47.5%7.3%
  Time to Breakeven127 days15 days

Compare to DLTR, DG, OLLI, TJX, ROST

In The Past

Five Below's stock fell -39.3% during the 2025 US Tariff Shock. Such a loss loss requires a 64.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Five Below (FIVE)

Five Below, Inc. operates as a specialty value retailer across the United States, offering a broad and dynamic assortment of general merchandise. The company's extensive product offerings span numerous categories, including fashion accessories like socks, jewelry, and athletic wear, along with beauty items such as nail polishes and cosmetics. Customers can also find items for home personalization and decor, including glitter lamps, posters, fleece blankets, and pillows. Additionally, the stores stock sport balls, fitness accessories, various games, puzzles, toys, and essential tech accessories for cell phones, tablets, and audio devices.

Further diversifying its inventory, Five Below provides craft activity kits, arts and crafts supplies, school essentials like backpacks and notebooks, books, video games, and DVDs. The company is also a destination for party goods, decorations, gag gifts, greeting cards, and a wide array of classic and novelty candy bars, snacks, and chilled beverages. Primarily serving tween and teen customers, Five Below aims to offer trend-right and value-driven products that cater to their evolving needs and interests. As of early 2022, the company maintained a substantial retail presence with approximately 1,190 stores operating in 40 states.

AI Analysis | Feedback

Here are a few analogies for Five Below:

  • A trendier Dollar Tree.
  • Claire's meets Dollar Tree.

AI Analysis | Feedback

Five Below (FIVE) offers a variety of products across several categories:

  • Fashion and Beauty Accessories: Offers a wide range of personal accessories including socks, sunglasses, jewelry, apparel, and various cosmetics.
  • Home Décor and Lifestyle Items: Provides products to personalize living spaces, such as lamps, posters, blankets, pillows, and storage options.
  • Sports, Games, and Toys: Sells sporting goods, fitness accessories, board games, puzzles, collectibles, and various indoor and outdoor toys.
  • Tech Accessories and Media: Features accessories for cell phones, tablets, and audio devices, alongside books, video games, and DVDs.
  • Arts & Crafts and School Supplies: Supplies creative activity kits, art materials, and trend-right school essentials including backpacks and notebooks.
  • Party and Seasonal Merchandise: Provides goods for parties, decorations, greeting cards, and items for everyday and special occasion celebrations.
  • Candy, Snacks, and Drinks: Offers an assortment of classic and novelty candies, snack foods, and chilled beverages.

AI Analysis | Feedback

Five Below, Inc. primarily sells its products directly to individual consumers through its network of retail stores across the United States. The company operates as a specialty value retailer, offering a wide array of merchandise at affordable price points.

Based on the company description, the major categories of customers Five Below serves are:

  1. Tweens and Teens: This is explicitly stated as the company's primary target demographic. These customers are likely purchasing accessories, apparel, tech gadgets, games, toys, school supplies, and items to personalize their living spaces.
  2. Parents and Guardians: While tweens and teens are the primary focus, parents and guardians often shop at Five Below for items for their children, including school supplies, toys, craft kits, party supplies, and gifts. The value pricing would be particularly attractive to this customer group.
  3. General Adult Consumers/Gift Givers: The broad assortment of products, including home decor, party goods, seasonal items, candy, and novelty gifts, also appeals to a wider adult audience looking for affordable items for personal use, gifts, or specific occasions and celebrations.

AI Analysis | Feedback

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AI Analysis | Feedback

Winnie Park, Chief Executive Officer
Winnie Park was appointed Chief Executive Officer and a member of the Board of Directors of Five Below, effective December 16, 2024. An accomplished retail executive with over three decades of experience, Ms. Park previously served as Chief Executive Officer of Forever 21 since January 2022, where she led a brand refresh and launched omnichannel capabilities. She also held roles as Executive Vice President, Global Marketing and eCommerce, and Global VP, GMM, Merchandising, at Duty Free Shoppers, a division of LVMH, where she launched the company's first global eCommerce site. Her background also includes leading Women's Merchandising for Dockers at Levi Strauss & Co. and working in fashion retail and consumer digital at McKinsey. Ms. Park served on the board of Dollar Tree from 2020 to 2024.

Daniel Sullivan, Chief Financial Officer
Daniel Sullivan was appointed Chief Financial Officer of Five Below, effective October 6, 2025. He brings approximately 35 years of experience in finance, operations, and strategic leadership, having served as a two-time public company CFO. Prior to joining Five Below, Mr. Sullivan was Executive Vice President and Chief Operating Officer at Edgewell Personal Care. His previous experience also includes CFO positions at Party City, Ahold USA, and CFO and COO roles at Heineken USA and Heineken International.

Kenneth R. Bull, Chief Operating Officer
Kenneth R. Bull serves as the Chief Operating Officer of Five Below. He previously served as interim President and CEO from July to December 2024 and was the Chief Financial Officer and Treasurer of Five Below from 2012 to July 2023. Mr. Bull joined Five Below in 2005 as Senior Vice President, Finance. Before his tenure at Five Below, he was the Finance Director and Treasurer for Urban Outfitters, Inc. from 1999 to 2003, and held senior finance roles at Asian American Partners d/b/a Eagle's Eye.

Michelle Israel, Chief Merchandising Officer
Michelle Israel was appointed Chief Merchandising Officer of Five Below, effective October 6, 2025. She brings nearly 35 years of retail experience to the role. Most recently, Ms. Israel served as Senior Vice President and General Merchandise Manager, Beauty and Center Core, at Macy's. She also has experience leading Macy's value brands and Bloomingdale's The Outlet.

Eric M. Specter, Chief Administrative Officer
Eric M. Specter has served as Chief Administrative Officer of Five Below since July 2014. With a career spanning over 30 years in retail, he was previously Executive Vice President and Chief Integration Officer of Ascena Retail Group, Inc. from 2012 to 2014. Prior to that, he served as Executive Vice President and Chief Financial Officer of Charming Shoppes Inc. from 1997 until its acquisition by Ascena in 2012. During his time at Charming Shoppes, he helped grow the company from approximately 300 to over 2000 stores.

AI Analysis | Feedback

Here are the key risks to Five Below's business:

  1. Tariffs and Supply Chain Disruptions: Five Below faces significant risk from tariffs, with approximately 60% of its cost of goods tied to products sourced from China. New or increased tariffs directly lead to higher procurement costs, which are expected to lower operating margins by as much as 200 basis points. Additionally, global supply chain disruptions pose a threat to maintaining inventory levels and meeting customer demand, potentially causing delays, increased costs, and logistical challenges. While the company is exploring supply chain diversification, this is a longer-term strategy.
  2. Competitive Intensity and Market Saturation: The discount retail sector is highly competitive, with rivals such as Dollar Tree and Dollar General, as well as e-commerce platforms like Temu, exerting pressure on Five Below's "extreme value" proposition. The company's aggressive expansion strategy through new store openings also carries the risk of market saturation, which could lead to diminishing returns from new locations and increased cannibalization of sales from existing stores. Maintaining its pricing strategy of $5 and below in an inflationary environment may become challenging, potentially forcing the company to adjust prices or accept lower margins, thereby eroding its value proposition and customer loyalty.
  3. Declining Consumer Discretionary Spending: Five Below's business is particularly sensitive to shifts in consumer discretionary spending. Prolonged inflationary pressures have led consumers to prioritize essential purchases over discretionary items, impacting sales in categories that represent a significant portion of Five Below's offerings. Weak consumer spending and a general pullback in discretionary purchases directly affect the company, which relies heavily on non-essential, trend-driven merchandise. This macroeconomic headwind has contributed to declining net income and earnings for Five Below in recent quarters, alongside negative comparable store sales growth.

AI Analysis | Feedback

The rise of ultra-low-cost online retailers such as Temu, Shein, and TikTok Shop represents a clear emerging threat to Five Below. These platforms directly compete by offering a vast array of inexpensive, trend-right products, including accessories, home decor, tech gadgets, and novelty items, which significantly overlap with Five Below's merchandise. They target the same tween and teen demographic and leverage social media for viral marketing, potentially diverting a substantial portion of Five Below's core customers' discretionary spending for low-priced goods due to their competitive pricing and direct-to-consumer model.

AI Analysis | Feedback

Five Below (symbol: FIVE) operates as a specialty value retailer in the United States, primarily serving tween and teen customers with a diverse range of products. The addressable markets for their main product and service categories in the U.S. are substantial:

  • Fashion Accessories: The U.S. fashion accessories market generated a revenue of USD 222,074.1 million in 2024 and is projected to reach USD 342,988.5 million by 2030. Another estimate indicates the U.S. market is projected to reach USD 289.34 billion by 2026.
  • Home Decor: The U.S. home decor market generated a revenue of USD 237,874.2 million in 2024 and is expected to reach USD 392,556.1 million by 2030. The mass-market segment accounted for 69.47% of the U.S. home decor market share in 2025.
  • Toys and Games: The U.S. toys and games market reached a valuation of USD 30 billion in 2023. U.S. retail sales of toys generated $30.3 billion in 2025.
  • Arts and Crafts Supplies: The U.S. art supplies market size was USD 3.7 billion in 2024, with expectations to reach USD 4.9 billion by 2030. The United States Art and Crafts Market size, valued at USD 5193.84 million in 2024, is expected to expand to USD 9052.12 million by 2033.
  • Stationery Products (including school supplies): The United States stationery products market size was valued at USD 34.72 billion in 2025 and is projected to reach USD 42.96 billion by 2033.
  • Party Supplies: The United States Party Supplies Market size, valued at USD 5137.48 million in 2024, is expected to expand to USD 11260.1 million by 2033. North America, which includes the U.S., is the largest market for party supplies, accounting for approximately 45% of the global market share.
  • Candy and Snacks: The U.S. candy market was estimated at USD 16.5 billion in 2023 and valued at USD 16.95 billion in 2024. The United States confectionery market size reached USD 41.2 billion in 2025. The United States snacks market size reached approximately USD 362.16 billion in 2025.
  • Consumer Electronics Accessories (for cell phones, tablets, audio, and computers): The U.S. mobile accessories market size was USD 22.15 billion in 2023 and is projected to reach around USD 43.17 billion by 2033. The North American consumer electronic accessories market was valued at approximately USD 15 billion in 2023.
  • Discount Department Stores/General Merchandise Stores: The Discount Department Store industry in the U.S. is projected to have a revenue of $107.3 billion for 2025. The discount department stores market size has grown to $503.2 billion in 2025.

AI Analysis | Feedback

Five Below (symbol: FIVE) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
  1. New Store Expansion: The company continues to increase its physical footprint by opening new stores across the United States. For example, Five Below opened 49 new stores in Q3 2025, bringing its total to over 1,900 locations, and plans to open 150 net new stores in the coming year. This ongoing expansion is a direct contributor to top-line growth.
  2. Strong Comparable Sales Growth: Five Below has demonstrated robust comparable sales increases, driven by both higher customer transactions and an increased average ticket size. In Q3 2025, comparable sales rose by 14.3%, and the company projected a full fiscal year 2025 comparable sales growth of about 12.5%. This indicates effective merchandising and strong customer demand.
  3. Expansion of Higher Price Point Offerings (Five Beyond Strategy): Five Below has successfully integrated items priced above the traditional $5 threshold throughout its stores, moving beyond dedicated "Five Beyond" sections. This strategy has proven effective in increasing average ticket size and overall sales by appealing to customers willing to spend more for perceived value and on-trend products.
  4. Customer-Centric Merchandising and Value Proposition: The company emphasizes a customer-centric strategy, focusing on Gen Z and millennial customers by offering "trend-right merchandise at exceptional value." This approach helps attract and retain its core demographic, driving consistent demand for its product assortment.

AI Analysis | Feedback

Share Repurchases

  • Five Below's board of directors approved a stock repurchase program for up to $100 million of its common shares through June 2025.
  • Annual share buybacks for Five Below were approximately $40.213 million in 2025, $80.541 million in 2024, and $40.007 million in 2023.
  • The full-year fiscal 2025 outlook did not include the impact of any potential share repurchases.

Share Issuance

  • Net proceeds from the issuance of common stock were $477,000 for the year-to-date period ended November 1, 2025, and $600,000 for the comparable period in fiscal 2024.
  • Net proceeds from the issuance of common stock also amounted to $477,000 for the year-to-date period ended August 2, 2025, and $600,000 for the comparable period in fiscal 2024.
  • The issuance of common stock to employees under the employee stock purchase plan contributed $477,000 in the period ending August 2, 2025.

Outbound Investments

  • Purchases of investment securities and other investments were $(246,311) for the year-to-date period ended November 1, 2025, compared to $(4,508) for the comparable period in fiscal 2024.
  • For the year-to-date period ended August 2, 2025, purchases of investment securities and other investments were $(95,648), versus $(4,508) for the same period in fiscal 2024.

Capital Expenditures

  • Gross capital expenditures are expected to be approximately $200 million for the full year of Fiscal 2025, which was a revision from an earlier expectation of $210 million.
  • Capital expenditures totaled $(133.960 million) for the year-to-date period ended November 1, 2025, and $(271.855 million) for the comparable period in fiscal 2024.
  • The primary focus of capital expenditures is on opening new stores, with plans to open approximately 150 net new stores in Fiscal 2025, including new sites in former Jo-Ann Fabrics locations.

Better Bets vs. Five Below (FIVE)

Peer Outperformance in Specialty Stores

FIVE has outperformed 50% of its 6 Specialty Stores peers over 5Y. Among the peers that beat it is DKS. Specialty Stores ranks 5th of 23 industries in Consumer Discretionary by median 5Y return.
Share of Specialty Stores constituents that FIVE has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
83%
of 6 industry peers · 85.3% return
3Y
50%
of 6 industry peers · 47.8% return
5Y
50%
of 6 industry peers · 11.2% return
Specialty Stores peers with revenue growth within 4pp of FIVE's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
FIVE Five Below 17.3% 33.0x 85.3%47.8%11.2%
DKS Dick's Sporting Goods 16.6% 17.5x -19.4%72.5%61.4% +50pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Specialty Stores is FIVE's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -15.8%106.9%71.0% LINC 290% · CVSA 264% · UTI 215%
Homebuilding 18 -4.2%33.8%52.0% GRBK 188% · PHM 151% · TOL 144%
Hotels, Resorts & Cruise Lines 22 20.1%57.8%12.0% RCL 261% · MAR 174% · HLT 163%
Automotive Retail 18 -13.8%2.2%11.3% MUSA 279% · PAG 181% · ORLY 124%
Specialty Stores ← 7 -3.1%47.8%11.2% DKS 61% · SIG 18% · ASO 14%
Home Improvement Retail 5 -16.1%3.3%5.6% HD 18% · LOW 16% · HVT 6%
Casinos & Gaming 20 -9.4%-25.6%-3.8% BRAG 992% · MCRI 107% · RSI 80%
Specialized Consumer Services 10 -11.5%24.1%-8.0% HRB 148% · FTDR 95% · SCI 45%
Distributors 4 -7.4%-23.3%-8.9% ARMK 151% · GPC 26% · LKQ -43%
Restaurants 34 -6.7%-4.1%-9.4% EAT 368% · CAKE 188% · RAVE 154%
Footwear 9 58.9%46.4%-12.5% WEYS 147% · DECK 28% · SHOO 24%
Home Furnishings 4 -5.2%28.5%-16.5% SGI 50% · LZB 1% · MHK -35%
Leisure Products 13 -4.5%-14.3%-32.5% GOLF 85% · HAS 19% · MCFT -4%
Automotive Parts & Equipment 38 -9.3%-5.3%-37.0% MOD 1393% · GTX 263% · STRT 93%
Apparel, Accessories & Luxury Goods 27 3.8%-0.8%-37.2% TPR 249% · RL 242% · ELA 224%
Apparel Retail 25 -0.5%9.6%-38.7% DXLG 199% · ANF 182% · URBN 106%
Household Appliances 18 9.2%40.9%-38.8% KEQU 177% · FLXS 148% · HBB 127%
Leisure Facilities 12 -16.2%-7.3%-42.8% OSW 158% · JAKK 93% · ESCA 10%
Broadline Retail 14 9.3%20.4%-48.4% DDS 305% · AMZN 59% · EBAY 58%
Computer & Electronics Retail 3 -17.6%5.3%-60.6% BBY -10% · UPBD -61% · GME -64%
Automobile Manufacturers 8 -68.7%-66.7%-69.9% GM 82% · TSLA 47% · F 44%
Consumer Electronics 11 -16.9%-17.4%-77.7% AXIL 2343% · GRMN 87% · TBCH -54%
Other Specialty Retail 18 -29.0%-43.1%-78.5% BBW 176% · TLF 108% · WINA 103%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

FIVEDLTRDGOLLITJXROSTMedian
NameFive Bel.Dollar T.Dollar G.Ollie's .TJX Comp.Ross Sto. 
Mkt Price262.72136.75125.3376.35140.71241.52138.73
Mkt Cap14.526.927.64.6155.677.027.3
Rev LTM5,07919,74843,0752,73161,58423,77621,762
Op Inc LTM5611,7422,2663367,5482,9052,004
FCF LTM5051,5572,2022135,4772,6321,879
FCF 3Y Avg2781,1771,7691454,5081,9921,473
CFO LTM6812,6953,5043137,5993,4533,074
CFO 3Y Avg5532,6583,1822636,4742,7742,716

Growth & Margins

FIVEDLTRDGOLLITJXROSTMedian
NameFive Bel.Dollar T.Dollar G.Ollie's .TJX Comp.Ross Sto. 
Rev Chg LTM25.9%9.4%4.7%16.7%8.1%11.9%10.6%
Rev Chg 3Y Avg17.3%9.3%3.9%13.3%7.0%8.1%8.7%
Rev Chg Q32.5%7.2%3.4%14.2%9.2%20.6%11.7%
QoQ Delta Rev Chg LTM6.6%1.7%0.8%3.1%2.0%4.5%2.6%
Op Inc Chg LTM65.7%19.0%29.9%23.4%20.2%11.7%21.8%
Op Inc Chg 3Y Avg21.6%0.2%-8.3%28.6%15.4%13.9%14.6%
Op Mgn LTM11.0%8.8%5.3%12.3%12.3%12.2%11.6%
Op Mgn 3Y Avg9.9%9.9%5.1%12.0%11.4%12.1%10.7%
QoQ Delta Op Mgn LTM1.4%0.3%0.1%0.1%0.4%0.3%0.3%
CFO/Rev LTM13.4%13.6%8.1%11.5%12.3%14.5%12.9%
CFO/Rev 3Y Avg12.9%15.9%7.7%10.9%11.2%12.6%11.9%
FCF/Rev LTM9.9%7.9%5.1%7.8%8.9%11.1%8.4%
FCF/Rev 3Y Avg6.1%6.6%4.3%5.9%7.8%9.0%6.3%

Valuation

FIVEDLTRDGOLLITJXROSTMedian
NameFive Bel.Dollar T.Dollar G.Ollie's .TJX Comp.Ross Sto. 
Mkt Cap14.526.927.64.6155.677.027.3
P/S2.91.40.61.72.53.22.1
P/Op Inc25.915.412.213.820.626.518.0
P/EBIT25.915.412.213.820.125.117.7
P/E33.020.917.718.626.933.323.9
P/CFO21.310.07.914.820.522.317.7
Total Yield3.0%4.8%7.5%5.4%4.9%3.7%4.9%
Dividend Yield0.0%0.0%1.9%0.0%1.2%0.7%0.3%
FCF Yield 3Y Avg3.3%5.2%6.8%2.6%3.1%3.8%3.5%
D/E0.10.30.60.20.10.10.1
Net D/E0.10.20.50.10.10.00.1

Returns

FIVEDLTRDGOLLITJXROSTMedian
NameFive Bel.Dollar T.Dollar G.Ollie's .TJX Comp.Ross Sto. 
1M Rtn29.3%13.5%6.9%15.1%-8.5%1.1%10.2%
3M Rtn19.7%44.0%19.2%-6.7%-10.8%3.1%11.1%
6M Rtn19.8%4.9%-17.2%-28.8%-10.2%20.1%-2.7%
12M Rtn85.3%20.7%13.8%-42.2%4.3%65.5%17.2%
3Y Rtn47.8%10.9%-13.7%7.5%64.7%109.2%29.4%
1M Excs Rtn26.0%10.3%3.7%11.9%-11.7%-2.1%7.0%
3M Excs Rtn17.3%41.6%16.8%-9.1%-13.2%0.7%8.7%
6M Excs Rtn7.9%-7.1%-29.1%-40.7%-22.1%8.2%-14.6%
12M Excs Rtn65.2%1.3%-6.5%-63.2%-16.6%47.2%-2.6%
3Y Excs Rtn-36.2%-78.9%-91.8%-70.5%-9.4%45.1%-53.4%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2026202520242023
Leisure2,1181,7161,6441,465
Fashion and home1,4731,1721,044898
Snack and seasonal1,173989872713
Total4,7643,8773,5593,076


Price Behavior

Price Behavior
Market Price$262.72 
Market Cap ($ Bil)14.5 
First Trading Date07/19/2012 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$205.34$203.15
DMA Trendupup
Distance from DMA27.9%29.3%
 3M1YR
Volatility46.7%40.4%
Downside Capture-52.2185.47
Upside Capture36.79139.84
Correlation (SPY)5.6%36.2%
FIVE Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.21-0.230.100.741.121.30
Up Beta0.940.651.271.261.241.34
Down Beta0.510.720.330.971.131.44
Up Capture136%-94%-44%53%138%130%
Bmk +ve Days11223567138427
Stock +ve Days15243569137375
Down Capture-171%-83%-22%39%92%106%
Bmk -ve Days11212859114326
Stock -ve Days7192857115377

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIVE
FIVE85.8%40.2%1.63-
Sector ETF (XLY)5.2%19.5%0.1429.0%
Equity (SPY)21.2%12.9%1.2335.4%
Gold (GLD)39.0%28.8%1.148.8%
Commodities (DBC)40.9%20.2%1.58-9.6%
Real Estate (VNQ)13.9%13.8%0.7019.0%
Bitcoin (BTCUSD)-30.4%44.2%-0.6917.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIVE
FIVE3.2%48.2%0.23-
Sector ETF (XLY)6.4%24.1%0.2249.5%
Equity (SPY)12.8%17.2%0.5747.9%
Gold (GLD)20.6%18.6%0.905.0%
Commodities (DBC)10.2%19.6%0.415.6%
Real Estate (VNQ)2.4%18.9%0.0234.7%
Bitcoin (BTCUSD)11.2%52.8%0.4019.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with FIVE
FIVE16.4%46.1%0.50-
Sector ETF (XLY)12.3%22.2%0.5155.1%
Equity (SPY)15.1%17.9%0.7252.5%
Gold (GLD)12.9%16.3%0.655.3%
Commodities (DBC)7.8%18.1%0.3514.8%
Real Estate (VNQ)5.0%20.7%0.2042.5%
Bitcoin (BTCUSD)63.1%66.2%1.0314.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity1.9 Mil
Short Interest: % Change Since 7152026-17.9%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest1.6 days
Basic Shares Quantity55.3 Mil
Short % of Basic Shares3.4%

Earnings Returns History

Updated 7/22/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/3/2026-13.8%-12.1%-20.9%
3/18/202610.7%10.0%11.2%
12/3/20253.2%8.6%24.0%
8/27/20253.9%5.8%7.2%
6/4/20255.6%3.1%6.2%
3/19/20250.7%3.0%-10.7%
12/4/202410.5%4.3%-3.1%
8/28/2024-0.9%-3.7%17.3%
...
SUMMARY STATS   
# Positive141415
# Negative10109
Median Positive5.9%7.8%10.0%
Median Negative-6.3%-10.5%-12.1%
Max Positive16.5%11.3%24.0%
Max Negative-15.4%-14.7%-28.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
6/3/2026-13.8%-12.1%-20.9%
3/18/202610.7%10.0%11.2%
12/3/20253.2%8.6%24.0%
8/27/20253.9%5.8%7.2%
6/4/20255.6%3.1%6.2%
3/19/20250.7%3.0%-10.7%
12/4/202410.5%4.3%-3.1%
8/28/2024-0.9%-3.7%17.3%
6/5/2024-10.6%-12.2%-21.6%
3/20/2024-15.4%-12.0%-28.1%
11/29/20230.2%7.2%13.3%
8/30/2023-6.0%-12.2%-12.1%
6/1/20237.8%11.3%15.4%
3/15/2023-1.4%-0.5%4.0%
11/30/202216.5%11.0%10.0%
8/31/20226.3%8.8%7.7%
6/8/2022-1.4%-9.0%-11.3%
3/30/2022-6.5%-3.3%-2.5%
12/1/20215.0%8.4%9.4%
9/1/2021-13.0%-14.7%-19.6%
6/3/20217.0%4.9%11.1%
3/17/2021-4.5%-2.8%2.3%
12/2/20204.3%4.9%7.1%
9/2/20208.6%9.5%10.5%
SUMMARY STATS   
# Positive141415
# Negative10109
Median Positive5.9%7.8%10.0%
Median Negative-6.3%-10.5%-12.1%
Max Positive16.5%11.3%24.0%
Max Negative-15.4%-14.7%-28.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
04/30/202606/04/202610-Q
01/31/202603/19/202610-K
10/31/202512/04/202510-Q
07/31/202508/28/202510-Q
04/30/202506/05/202510-Q
01/31/202503/20/202510-K
10/31/202412/05/202410-Q
07/31/202408/29/202410-Q
04/30/202406/06/202410-Q
01/31/202403/21/202410-K
10/31/202311/30/202310-Q
07/31/202308/31/202310-Q
04/30/202306/02/202310-Q
01/31/202303/16/202310-K
10/31/202212/01/202210-Q
07/31/202209/01/202210-Q
Collapse to Preview
Report DateFiling DateFiling
04/30/202606/04/202610-Q
01/31/202603/19/202610-K
10/31/202512/04/202510-Q
07/31/202508/28/202510-Q
04/30/202506/05/202510-Q
01/31/202503/20/202510-K
10/31/202412/05/202410-Q
07/31/202408/29/202410-Q
04/30/202406/06/202410-Q
01/31/202403/21/202410-K
10/31/202311/30/202310-Q
07/31/202308/31/202310-Q
04/30/202306/02/202310-Q
01/31/202303/16/202310-K
10/31/202212/01/202210-Q
07/31/202209/01/202210-Q
04/30/202206/09/202210-Q
01/31/202203/30/202210-K
10/31/202112/02/202110-Q
07/31/202109/02/202110-Q
04/30/202106/04/202110-Q
01/31/202103/18/202110-K
10/31/202012/03/202010-Q
07/31/202009/03/202010-Q
04/30/202006/10/202010-Q
01/31/202003/19/202010-K
10/31/201912/05/201910-Q
07/31/201908/29/201910-Q

Recent Forward Guidance

Updated 7/12/2026

Latest: Q1 2026 Earnings Reported 6/3/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Net Sales1.18 Bil1.19 Bil1.20 Bil   
Q2 2026 Comparable Sales Growth7.0%8.0%9.0%   
Q2 2026 Net Income64.00 Mil67.50 Mil71.00 Mil   
Q2 2026 Adjusted Net Income65.00 Mil68.50 Mil72.00 Mil   
Q2 2026 Diluted EPS1.151.211.27   
Q2 2026 Adjusted Diluted EPS1.171.231.29   
2026 Net Sales5.40 Bil5.44 Bil5.48 Bil3.6% RaisedGuidance: 5.25 Bil for 2026
2026 Comparable Sales Growth6.0%7.0%8.0%   
2026 Net Income480.00 Mil491.00 Mil502.00 Mil10.8% RaisedGuidance: 443.00 Mil for 2026
2026 Adjusted Net Income482.00 Mil493.00 Mil504.00 Mil10.8% RaisedGuidance: 445.00 Mil for 2026
2026 Diluted EPS8.628.829.0211.0% RaisedGuidance: 7.95 for 2026
2026 Adjusted Diluted EPS8.658.859.0510.7% RaisedGuidance: 8 for 2026
2026 Capital Expenditures230.00 Mil240.00 Mil250.00 Mil0.0% AffirmedGuidance: 240.00 Mil for 2026

Prior: Q4 2025 Earnings Reported 3/18/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2026 Revenue1.18 Bil1.19 Bil1.20 Bil-25.4% Lower NewGuidance: 1.59 Bil for Q4 2025
Q1 2026 Net Income86.00 Mil89.50 Mil93.00 Mil-53.1% Lower NewGuidance: 191.00 Mil for Q4 2025
Q1 2026 Adjusted Net Income88.00 Mil91.00 Mil94.00 Mil-52.6% Lower NewGuidance: 192.00 Mil for Q4 2025
Q1 2026 EPS1.551.611.67-53.1% Lower NewGuidance: 3.43 for Q4 2025
Q1 2026 Adjusted EPS1.571.631.69-52.8% Lower NewGuidance: 3.45 for Q4 2025
2026 Revenue5.20 Bil5.25 Bil5.30 Bil13.3% Higher NewGuidance: 4.63 Bil for 2025
2026 Net Income429.00 Mil443.00 Mil457.00 Mil42.4% Higher NewGuidance: 311.00 Mil for 2025
2026 Adjusted Net Income431.00 Mil445.00 Mil459.00 Mil38.2% Higher NewGuidance: 322.00 Mil for 2025
2026 EPS7.697.958.241.9% Higher NewGuidance: 5.6 for 2025
2026 Adjusted EPS7.7488.2537.8% Higher NewGuidance: 5.8 for 2025
2026 Capital Expenditures230.00 Mil240.00 Mil250.00 Mil20.0% Higher NewGuidance: 200.00 Mil for 2025

Q3 2025 Earnings Reported 12/3/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Revenue1.58 Bil1.59 Bil1.61 Bil   
Q4 2025 Comparable Sales Growth6.0%7.0%8.0%   
Q4 2025 Net Income186.00 Mil191.00 Mil196.00 Mil   
Q4 2025 Adjusted Net Income187.00 Mil192.00 Mil197.00 Mil   
Q4 2025 EPS3.343.433.52   
Q4 2025 Adjusted EPS3.363.453.54   
2025 Revenue4.62 Bil4.63 Bil4.65 Bil3.5% RaisedGuidance: 4.48 Bil for 2025
2025 Comparable Sales Growth9.4%9.75%10.1%   
2025 Net Income306.00 Mil311.00 Mil316.00 Mil17.8% RaisedGuidance: 264.00 Mil for 2025
2025 Adjusted Net Income317.00 Mil322.00 Mil327.00 Mil17.1% RaisedGuidance: 275.00 Mil for 2025
2025 EPS5.515.65.6917.6% RaisedGuidance: 4.76 for 2025
2025 Adjusted EPS5.715.85.8916.9% RaisedGuidance: 4.96 for 2025
2025 Capital Expenditures 200.00 Mil -4.8% LoweredGuidance: 210.00 Mil for 2025

Insider Activity

Updated 8/4/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lynch, Robert DirectBuy7012026176.0653093,309265,139Form
2Markee, Richard L DirectSell3302026232.043,000696,1203,070,585Form
3Sargent, Ronald By: Sargent Family Investment LLCSell3252026231.7510,0002,317,50017,073,950Form
4Sargent, Ronald By: Sargent Family Investment LLCSell3252026231.2810,0002,312,79119,352,047Form
5Bull, Kenneth RCOODirectSell3232026234.1410,0002,341,37321,664,955Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lynch, Robert DirectBuy7012026176.0653093,309265,139Form
2Markee, Richard L DirectSell3302026232.043,000696,1203,070,585Form
3Sargent, Ronald By: Sargent Family Investment LLCSell3252026231.7510,0002,317,50017,073,950Form
4Sargent, Ronald By: Sargent Family Investment LLCSell3252026231.2810,0002,312,79119,352,047Form
5Bull, Kenneth RCOODirectSell3232026234.1410,0002,341,37321,664,955Form
6Bull, Kenneth RCOODirectSell1152026202.291,925389,41420,050,263Form
7Bull, Kenneth RCOODirectSell1152026203.215,1001,036,36120,532,136Form
8Specter, Eric MCAODirectSell1152026201.158,5001,709,7989,197,506Form
9Barclay, Kathleen S DirectSell12172025182.032,200400,4661,677,224Form
10Hill, GeorgeChief Retail OfficerDirectSell12162025182.097,5001,365,6555,993,041Form
11Devine, Michael F Iii DirectSell12152025181.846,0001,091,0402,825,794Form
12Gellerman, Maureen MarieCHRODirectSell12092025174.3854494,8632,120,984Form
13Bull, Kenneth RCOODirectSell12092025174.7525,0004,368,76818,548,041Form
14Masciantonio, Ronald JamesEVP, General CounselDirectSell9022025146.41818119,7631,443,310Form
15Hill, GeorgeChief Retail OfficerDirectSell9022025150.231,500225,3455,981,708Form

Investor Activity (13F)

Updated Aug 25, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Pacifica Capital Investments, LLC$49.2 Mil16.7%15TRIM -63.9%13F
Hook Mill Capital Partners, LP$68.4 Mil6.0%39TRIM -30.6%13F
Semper Augustus Investments Group LLC$44.0 Mil5.3%44TRIM -27.4%13F
SRS Investment Management, LLC$165.2 Mil1.7%29New13F
Cartenna Capital, LP$34.3 Mil1.5%41TRIM -21.1%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
SRS Investment Management, LLC$165.2 Mil1.7%29New13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Pacifica Capital Investments, LLC$49.2 Mil16.7%15TRIM -63.9%13F
Hook Mill Capital Partners, LP$68.4 Mil6.0%39TRIM -30.6%13F
Semper Augustus Investments Group LLC$44.0 Mil5.3%44TRIM -27.4%13F
Cartenna Capital, LP$34.3 Mil1.5%41TRIM -21.1%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
SRS Investment Management, LLC$165.2 Mil1.7%29New13F
Hook Mill Capital Partners, LP$68.4 Mil6.0%39TRIM -30.6%13F
Pacifica Capital Investments, LLC$49.2 Mil16.7%15TRIM -63.9%13F
Semper Augustus Investments Group LLC$44.0 Mil5.3%44TRIM -27.4%13F
Cartenna Capital, LP$34.3 Mil1.5%41TRIM -21.1%13F
Core Cache Last Updated: 8/24/2026