Boothbay Fund Management Increases Stake in Five Below

Institutional investor adds 22,963 shares to its position in the specialty retailer

Mar. 15, 2026 at 8:57am

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Boothbay Fund Management LLC increased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 19.8% in the 3rd quarter, according to a recent SEC filing. The institutional investor now owns 139,044 shares of the specialty retailer's stock, making it one of the company's larger shareholders.

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 Boothbay Fund Management. The increase in Boothbay's stake suggests the firm sees further upside potential in the stock.

The details

According to the 13F filing, Boothbay Fund Management purchased an additional 22,963 shares of Five Below during the 3rd quarter. This brings the firm's total position in the company to 139,044 shares, or about 0.25% of Five Below's outstanding shares. The purchase was part of Boothbay's broader strategy of investing in specialty retail stocks.

  • Boothbay Fund Management increased its stake in the 3rd quarter of 2026.

The players

Boothbay Fund Management LLC

An institutional investment firm that manages a portfolio of stocks, including a position in Five Below.

Five Below, Inc.

A specialty discount retailer that offers a broad assortment of merchandise priced at $5 or below, targeting tweens, teens and beyond.

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The takeaway

Boothbay Fund Management's increased stake in Five Below suggests the investment firm sees further growth potential in the specialty retailer, which has been expanding its footprint and customer base in recent years.