Atika Capital Management Buys 45,500 Shares of Five Below

Institutional investor adds to position in specialty discount retailer

Mar. 12, 2026 at 7:05am

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Atika Capital Management LLC acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the 3rd quarter, according to a recent SEC filing. The institutional investor purchased 45,500 shares of the specialty retailer's stock, valued at approximately $7,039,000. This represents around 0.08% ownership of Five Below.

Why it matters

Five Below is a popular discount retailer focused on trend-driven products priced at $5 or below, targeting tweens, teens and beyond. The company has seen strong growth in recent years, and institutional investors like Atika Capital Management taking new or increased positions suggests confidence in the company's future prospects.

The details

According to the SEC filing, Atika Capital Management LLC acquired the 45,500 shares of Five Below in the third quarter of 2025. This new position represents approximately 0.08% ownership of the specialty retailer. A number of other hedge funds and institutional investors also made changes to their Five Below holdings during the quarter, including increases by CI Investments Inc., EverSource Wealth Advisors LLC, and Ballentine Partners LLC.

  • Atika Capital Management acquired the 45,500 shares of Five Below in the 3rd quarter of 2025.

The players

Atika Capital Management LLC

An institutional investor that acquired a new position in shares of 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

Atika Capital Management's new position in Five Below suggests the institutional investor sees growth potential in the specialty discount retailer, which has expanded rapidly in recent years by targeting trend-driven products at accessible price points for younger consumers.