B. Metzler seel. Sohn & Co. AG Reduces Holdings in Five Below, Inc.

The German investment firm trimmed its stake in the specialty retailer by over 33% in Q3 2025.

Mar. 11, 2026 at 7:19am

B. Metzler seel. Sohn & Co. AG, a German investment management firm, reduced its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 33.6% in the third quarter of 2025, according to a recent 13F filing with the U.S. Securities and Exchange Commission. The firm now owns 9,679 shares of the specialty retailer's stock, down from 14,586 shares held previously.

Why it matters

Five Below is a popular discount retailer that has seen strong growth in recent years, making it an attractive investment for institutional investors like B. Metzler. The reduction in the firm's stake could signal a shift in its investment strategy or outlook on the company's future performance.

The details

According to the 13F filing, B. Metzler seel. Sohn & Co. AG sold 4,907 shares of Five Below during the third quarter, reducing its total holdings to 9,679 shares. The firm's stake in the company was valued at $1.497 million at the end of the quarter. Five Below's stock has seen significant price appreciation over the past year, reaching a 52-week high of $229.33 in January 2026.

  • B. Metzler seel. Sohn & Co. AG filed its 13F report for the third quarter of 2025 on March 11, 2026.
  • The firm reduced its holdings in Five Below during the third quarter of 2025.

The players

B. Metzler seel. Sohn & Co. AG

A German investment management firm that has reduced its stake in Five Below, Inc.

Five Below, Inc.

An American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below.

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The takeaway

The reduction in B. Metzler seel. Sohn & Co. AG's holdings in Five Below could be a sign of the firm's shifting investment strategy or a belief that the retailer's stock price has reached a peak. However, Five Below remains a popular investment among institutional investors, with the company's strong growth and performance continuing to attract attention from the market.