FMR LLC & Abigail Johnson Hold 6.657% Stake in Five Below

TL;DR

**FMR LLC and Abigail Johnson still own 6.657% of Five Below, showing continued institutional confidence.**

AI Summary

FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership in FIVE BELOW, INC. This amendment, filed on February 9, 2024, shows they collectively beneficially own 3,674,611 shares of common stock, representing 6.657% of the company. This matters to investors because it indicates a significant institutional holder maintains a substantial stake, suggesting continued confidence in the company's long-term prospects, even if their percentage ownership has slightly decreased from previous filings.

Why It Matters

This filing confirms that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a significant portion of Five Below's stock, which can be a positive signal for other investors.

Risk Assessment

Risk Level: low — This is an amendment to an existing filing, indicating a stable, long-term institutional holding rather than a new, volatile position.

Analyst Insight

Investors should note the continued significant institutional ownership by FMR LLC, which suggests a stable long-term outlook from a major player, but this filing alone doesn't indicate a new buying or selling trend.

Key Numbers

• 3,674,611 — Shares Beneficially Owned (Represents the total common stock shares FMR LLC and Abigail P. Johnson collectively own in FIVE BELOW, INC.)
• 6.657% — Percent of Class (Indicates the proportion of FIVE BELOW, INC.'s common stock owned by FMR LLC and Abigail P. Johnson.)

Key Players & Entities

• FMR LLC (company) — reporting person and parent holding company
• Abigail P. Johnson (person) — reporting person and principal owner of FMR LLC
• FIVE BELOW, INC (company) — the issuer of the common stock
• 3,674,611 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
• 6.657% (dollar_amount) — percentage of class beneficially owned by FMR LLC and Abigail P. Johnson

Forward-Looking Statements

• FMR LLC will likely maintain a significant stake in Five Below for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000315066-24-001147.txt : 20240209 0000315066-24-001147.hdr.sgml : 20240209 20240209090302 ACCESSION NUMBER: 0000315066-24-001147 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIVE BELOW, INC CENTRAL INDEX KEY: 0001177609 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 753000378 STATE OF INCORPORATION: PA FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86928 FILM NUMBER: 24611601 BUSINESS ADDRESS: STREET 1: 701 MARKET STREET STREET 2: SUITE 300 CITY: PHILADELPHIA STATE: PA ZIP: 19106 BUSINESS PHONE: 215 546 7909 MAIL ADDRESS: STREET 1: 701 MARKET STREET STREET 2: SUITE 300 CITY: PHILADELPHIA STATE: PA ZIP: 19106 FORMER COMPANY: FORMER CONFORMED NAME: FIVE BELOW INC DATE OF NAME CHANGE: 20030305 FORMER COMPANY: FORMER CONFORMED NAME: CHEAP HOLDINGS INC DATE OF NAME CHANGE: 20020717 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.5 FIVE BELOW INC COMMON STOCK Cusip #33829M101 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #33829M101 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 3,382,850 Item 6: 0 Item 7: 3,674,611 Item 8: 0 Item 9: 3,674,611 Item 11: 6.657% Item 12: HC Cusip #33829M101 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 3,674,611 Item 8: 0 Item 9: 3,674,611 Item 11: 6.657% Item 12: IN Item 1(a). Name of Issuer: FIVE BELOW INC Item 1(b). Address of Issuer's Principal Executive Offices: 701 MARKET STREET, SUITE 300 PHILADELPHIA, PA 19106 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 33829M101 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 3,674,611 (b) Percent of Class: 6.657% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 3,674,611 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of FIVE BELOW INC. No one other person's interest in the COMMON STOCK of FIVE BELOW INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. No