Noodles & Co
NDLS
95 hedge funds and large institutions have $114M invested in Noodles & Co in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 21 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.8% less ownership
Funds ownership: 9.92% → 9.12% (-0.8%)
10% less funds holding
Funds holding: 106 → 95 (-11)
35% less capital invested
Capital invested by funds: $177M → $114M (-$62.8M)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
93% less call options, than puts
Call options by funds: $195K | Put options by funds: $2.85M
Top Buyers
Top Sellers
NDLS Hedge Fund Activity: Q2 2023 in Review
95 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2023, worth a combined $114M — down 35% from $177M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NDLS and 10 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 40 added.
The largest buyer was Nantahala Capital Management, opening a new position worth an estimated $4.08M. The largest seller was Woodson Capital Management, exiting entirely with an estimated $7.03M sold.
- 95 institutional investors held Noodles & Co (NDLS) as of Q2 2023, down from 106 in Q1 2023.
- Funds reported $114M of Noodles & Co stock for Q2 2023, down 35% quarter-over-quarter.
- 10 funds opened new Noodles & Co positions in Q2 2023 and 21 closed out, a net change of -11 holders.
- The largest Noodles & Co buyer in Q2 2023 was Nantahala Capital Management, an estimated $4.08M added.
- The largest Noodles & Co seller in Q2 2023 was Woodson Capital Management, an estimated $7.03M sold.
Based on aggregated 13F filings for Q2 2023.