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Noodles & Co

64 hedge funds and large institutions have $109M invested in Noodles & Co in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 10 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 10

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2% more funds holding

Funds holding: 6364 (+1)

3% more call options, than puts

Call options by funds: $385K | Put options by funds: $375K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.76% less ownership

Funds ownership: 8.34%6.58% (-1.8%)

6% less capital invested

Capital invested by funds: $116M → $109M (-$6.72M)

Holders
64
Holders Change
+1
Holders Change %
+1.59%
% of All Funds
1.45%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
27
Reduced
10
Closed
10
Calls
$385K
Puts
$375K
Net Calls
+$10K
Net Calls Change
+$240K
Name Holding Trade Value Shares
Change
Change in
Stake
Group One Trading
26
Group One Trading
Illinois
$136K +$58.3K +1,520 +88%
Deutsche Bank
27
Deutsche Bank
Germany
$134K +$65.2K +1,702 +113%
CFA
28
Capstone Financial Advisors
Illinois
$131K
TA
29
Teachers Advisors
New York
$131K
ICM
30
IMS Capital Management
Oregon
$113K -$74.3K -1,938 -42%
California State Teachers Retirement System (CalSTRS)
31
California State Teachers Retirement System (CalSTRS)
California
$96K
HighTower Advisors
32
HighTower Advisors
Illinois
$84K
Squarepoint
33
Squarepoint
New York
$82K +$75K +1,957 New
Invesco
34
Invesco
Georgia
$76K -$460 -12 -0.7%
Citadel Advisors
35
Citadel Advisors
Florida
$70K +$63.4K +1,655 New
Federated Hermes
36
Federated Hermes
Pennsylvania
$68K -$23.3K -607 -27%
Wells Fargo
37
Wells Fargo
California
$66K +$22.8K +594 +60%
LTFS
38
Ladenburg Thalmann Financial Services
Florida
$61K -$4.64K -121 -8%
New York State Common Retirement Fund
39
New York State Common Retirement Fund
New York
$60K
State Board of Administration of Florida Retirement System
40
State Board of Administration of Florida Retirement System
Florida
$55K
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$53K
SKK
42
Shepherd Kaplan Krochuk
Massachusetts
$53K +$47.9K +1,250 New
AIG
43
American International Group
New York
$41K +$153 +4 +0.4%
Macquarie Group
44
Macquarie Group
Australia
$30K +$27.8K +725 New
Legal & General Group
45
Legal & General Group
United Kingdom
$28K
Citigroup
46
Citigroup
New York
$28K +$5.67K +148 +29%
Manulife (Manufacturers Life Insurance)
47
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$23K +$10K +261 +94%
JP Morgan Chase
48
JP Morgan Chase
New York
$23K +$17.9K +467 +445%
UBS Group
49
UBS Group
Switzerland
$20K -$3.64K -95 -16%
TRCT
50
Tower Research Capital (TRC)
New York
$14K +$12.6K +329 New

NDLS Hedge Fund Activity: Q4 2017 in Review

64 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2017, worth a combined $109M — down 5.8% from $116M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NDLS positions and 10 closed out — a net gain of 2 holders — while 27 added to existing stakes and 10 trimmed.

The largest buyer was Eidelman Virant Capital, adding an estimated $2.09M. The largest seller was Fidelity Investments, exiting entirely with an estimated $17.3M sold.

  • 64 institutional investors held Noodles & Co (NDLS) as of Q4 2017, up from 63 in Q3 2017.
  • Funds reported $109M of Noodles & Co stock for Q4 2017, down 5.8% quarter-over-quarter.
  • 12 funds opened new Noodles & Co positions in Q4 2017 and 10 closed out, a net change of +2 holders.
  • The largest Noodles & Co buyer in Q4 2017 was Eidelman Virant Capital, an estimated $2.09M added.
  • The largest Noodles & Co seller in Q4 2017 was Fidelity Investments, an estimated $17.3M sold.

Based on aggregated 13F filings for Q4 2017.