Noodles & Co
NDLS
44 hedge funds and large institutions have $12.8M invested in Noodles & Co in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 8 closing their positions.
0.48% less ownership
Funds ownership: 5.36% → 4.88% (-0.48%)
6% less funds holding
Funds holding: 47 → 44 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
40% less capital invested
Capital invested by funds: $21.3M → $12.8M (-$8.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$140K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$85.1K |
| 3 |
VF
Virtu Financial
New York
|
+$13.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$12.8K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$11.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$939K |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$543K |
| 3 |
BlackRock
New York
|
-$84.7K |
| 4 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$83.4K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$55.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| – | -$436 | -50 | Closed |
|
|
SIC
52
SJS Investment Consulting
Sylvania,
Ohio
| – | -$327 | -38 | Closed |
|
NDLS Hedge Fund Activity: Q2 2025 in Review
44 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2025, worth a combined $12.8M — down 40% from $21.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NDLS and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Renaissance Technologies, adding an estimated $140K. The largest seller was Royce & Associates, exiting entirely with an estimated $939K sold.
- 44 institutional investors held Noodles & Co (NDLS) as of Q2 2025, down from 47 in Q1 2025.
- Funds reported $12.8M of Noodles & Co stock for Q2 2025, down 40% quarter-over-quarter.
- 5 funds opened new Noodles & Co positions in Q2 2025 and 8 closed out, a net change of -3 holders.
- The largest Noodles & Co buyer in Q2 2025 was Renaissance Technologies, an estimated $140K added.
- The largest Noodles & Co seller in Q2 2025 was Royce & Associates, an estimated $939K sold.
Based on aggregated 13F filings for Q2 2025.