Noodles & Co
NDLS
108 hedge funds and large institutions have $450M invested in Noodles & Co in 2021 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 8 closing their positions.
311% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $679K
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
5% more funds holding
Funds holding: 103 → 108 (+5)
0.34% less ownership
Funds ownership: 10.78% → 10.44% (-0.34%)
8% less capital invested
Capital invested by funds: $489M → $450M (-$39.2M)
20% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 41
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$1.83M |
| 2 |
SPC
Stony Point Capital
New York
|
+$1.56M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.33M |
| 4 |
Morgan Stanley
New York
|
+$883K |
| 5 |
Renaissance Technologies
New York
|
+$813K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.41M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.61M |
| 3 |
AFS
Amtrust Financial Services
New York
|
-$2.83M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$2.07M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.08M |
NDLS Hedge Fund Activity: Q3 2021 in Review
108 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2021, worth a combined $450M — down 8% from $489M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NDLS positions and 8 closed out — a net gain of 5 holders — while 33 added to existing stakes and 41 trimmed.
The largest buyer was Woodson Capital Management, adding an estimated $1.83M. The largest seller was Royce & Associates, cutting an estimated $6.41M.
- 108 institutional investors held Noodles & Co (NDLS) as of Q3 2021, up from 103 in Q2 2021.
- Funds reported $450M of Noodles & Co stock for Q3 2021, down 8% quarter-over-quarter.
- 13 funds opened new Noodles & Co positions in Q3 2021 and 8 closed out, a net change of +5 holders.
- The largest Noodles & Co buyer in Q3 2021 was Woodson Capital Management, an estimated $1.83M added.
- The largest Noodles & Co seller in Q3 2021 was Royce & Associates, an estimated $6.41M sold.
Based on aggregated 13F filings for Q3 2021.