On June 6, 2025, Keybanc initiated coverage of Five9 (BIT:1FIVN) with an Overweight recommendation. There are currently 585 funds reporting positions in Five9, an increase of 1.21% from the previous quarter, with total institutional ownership decreasing by 0.42% to 90,336K shares.
Pictet Asset Management holds 5,702K shares (7.48% ownership) but has decreased its stake by 15.46%. FSCSX – Software and IT Services Portfolio reduced its holding to 3,482K shares (4.57% ownership), representing a decrease of 9.64%. Conversely, Ameriprise Financial raised its stake to 2,750K shares (3.60% ownership), an increase of 12.87%, though it decreased its portfolio allocation by 85.05% over the last quarter.
UBS Asset Management Americas increased its ownership from 683K to 2,679K shares (3.51% ownership), marking a 74.52% increase, while also reducing its allocation by 61.15%. Vanguard Total Stock Market Index Fund owns 2,208K shares (2.90% ownership), down 4.32% from the last quarter.