Amundi expands holdings in Five Below and Grab

Amundi increased its ownership of specialty retailer Five Below Inc., buying an additional 201,871 shares in the first quarter to hold 205,602 shares, representing about 0.37% of the company and valued at roughly $46.9 million. In the same period, the asset manager also lifted its stake in Southeast Asian ride‑hailing firm Grab Holdings Ltd., acquiring 1,368,365 shares to bring its total to 11,712,223 shares, or about 0.29% of Grab, worth approximately $42.9 million. Both transactions were disclosed in recent SEC filings.

These moves add to Amundi's broader portfolio adjustments, with the firm now holding notable positions across diverse sectors.