Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Five9 Inc (FIVN)

287 + Investors. Track Smart Money conviction in FIVN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +6
Streak
2Q ▲
Buyers last Q
53%

Smart Money Signals — FIVN

Based on 295 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added FIVN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
295 funds currently hold this stock — 86% of the 3.0-year high of 342 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding FIVN is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

167 buying149 selling
Last quarter: 167 funds bought or added vs 149 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~57 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 53 → 54 → 55 → 57. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 19% medium ■ 21% new
179 out of 295 hedge funds have held FIVN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +43% but shares only +1% — price-driven

Value
+43%
Shares
+1%
Last quarter: the total dollar value of institutional holdings rose +43%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~57 new funds/quarter

51 → 53 → 54 → 55 → 57 new funds/Q
New funds entering each quarter: 53 → 54 → 55 → 57. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new
Entry-cohort mix of 312 holders: 205 (66%) are 2+ year veterans, 34 entered 1–2 years ago, and 73 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
54 of 291 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FIVN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FIVN

In 2026 Q2, 167 hedge funds were net buyers of FIVN (57 opened a new position, 110 added to an existing one), while 149 reduced or exited (98 trimmed, 51 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 48% of total institutional value in FIVN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +6 funds (more new holders than closures). Total institutional holders: 295.

Hedge Fund Ownership: FIVN

How many hedge funds hold FIVN — quarterly history vs. share price
Quarterly hedge fund ownership of FIVN vs. share price

Market Analysis: FIVN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FIVN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 0 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: FIVN
287 + Investors

Track Smart Money conviction in FIVN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 287 289 -0.69%
13F Shares 89M 88M 1.07%
Total Value $1.82B $1.27B 42.99%
New Positions 54 55 -1
Increased Positions 103 110 -7
Closed Positions 52 49 +3
Reduced Positions 93 88 +5
Total Calls 11 13 -15.38%
Total Puts 10 12 -16.67%
PUT/CALL Ratio 0.91 0.92 Neutral

Statistics: FIVN

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

287 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FIVN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FIVN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Voss Capital, LP 4.82% 4,865,000 $103.7M
2 Gagnon Advisors, LLC 4.56% 336,277 $7.2M
3 P.A.W. Capital Corp 3.77% 230,600 $4.9M
4 S Squared Technology, LLC 3.41% 515,195 $11.0M
5 Anson Funds Management LP 3.16% 2,499,481 $53.3M
6 Gagnon Securities LLC 2.97% 722,698 $15.4M
7 Towle & Co 2.20% 304,623 $6.5M
8 Villanova Investment Management Co LLC 1.64% 81,125 $1.7M
9 Nierenberg Investment Management Company, LLC 1.44% 135,810 $2.9M
10 Bastion Asset Management Inc. 1.42% 207,483 $4.2M
11 ABS Investment Management LLC 1.34% 100,000 $2.1M
12 ABS Direct Equity Fund LLC 1.34% 100,000 $2.1M
13 Invenomic Capital Management LP 1.14% 892,658 $19.0M
14 HERALD INVESTMENT MANAGEMENT Ltd 1.02% 354,500 $7.6M
15 Lisanti Capital Growth, LLC 0.91% 193,680 $4.1M
16 Prospect Capital Advisors, LLC 0.86% 89,340 $1.9M
17 Aurora Investment Counsel 0.70% 64,127 $1.4M
18 Generali Investments Towarzystwo Funduszy Inwestycyjnych 0.63% 74,000 $1.6M
19 Watershed Asset Management, L.L.C. 0.52% 27,171 $579K
20 Ares Systematic Credit Ltd 0.42% 32,101 $684K
21 Armistice Capital, LLC 0.40% 1,536,000 $32.7M
22 VARCOV Co. 0.36% 44,647 $952K
23 Driehaus Capital Management LLC 0.28% 2,265,900 $48.3M
24 Optimus Prime Fund Management Co., Ltd. 0.24% 154,500 $3.3M
25 Atom Investors LP 0.22% 115,838 $2.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Five9 Inc (FIVN)

What does the Smart Money Trend signal show for FIVN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added FIVN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FIVN?

Slight buying edge — 53% buying: Last quarter: 167 funds bought or added vs 149 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for FIVN holders?

Elite ownership — 48% AUM from top-100 funds: 54 of 291 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in FIVN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held FIVN?

61% of holders stayed for 2+ years: 179 out of 295 hedge funds have held FIVN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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