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Noodles & Co

104 hedge funds and large institutions have $378M invested in Noodles & Co in 2018 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 41 increasing their positions, 18 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

221% more call options, than puts

Call options by funds: $3M | Put options by funds: $936K

154% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 13

128% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 18

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

22% more funds holding

Funds holding: 85104 (+19)

20% more capital invested

Capital invested by funds: $314M → $378M (+$63.7M)

1.15% more ownership

Funds ownership: 7.75%8.91% (+1.2%)

Holders
104
Holders Change
+19
Holders Change %
+22.35%
% of All Funds
2.38%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
33
Increased
41
Reduced
18
Closed
13
Calls
$3M
Puts
$936K
Net Calls
+$2.07M
Net Calls Change
-$5.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
76
Goldman Sachs
New York
$139K +$133K +1,441 New
RhumbLine Advisers
77
RhumbLine Advisers
Massachusetts
$133K -$2.69K -29 -2%
State Board of Administration of Florida Retirement System
78
State Board of Administration of Florida Retirement System
Florida
$127K
TI
79
Trexquant Investment
Connecticut
$127K +$122K +1,316 New
AIG
80
American International Group
New York
$112K +$12K +130 +13%
UBS Group
81
UBS Group
Switzerland
$77K +$32.2K +348 +77%
PHK
82
Point72 Hong Kong
Hong Kong
$76K +$54.2K +586 +290%
OSAM
83
O'Shaughnessy Asset Management
Connecticut
$71K +$67.7K +731 New
CSS
84
Cubist Systematic Strategies
Connecticut
$64K +$32.8K +354 +114%
LTFS
85
Ladenburg Thalmann Financial Services
Florida
$50K -$86.7K -937 -65%
Citigroup
86
Citigroup
New York
$47K -$2.59K -28 -5%
US Bancorp
87
US Bancorp
Minnesota
$38K +$24.3K +263 +209%
Royal Bank of Canada
88
Royal Bank of Canada
Ontario, Canada
$37K +$23.2K +251 +192%
Bank of America
89
Bank of America
North Carolina
$36K +$9.72K +105 +39%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$32K +$93 +1 +0.3%
Legal & General Group
91
Legal & General Group
United Kingdom
$28K +$7.31K +79 +38%
DWA
92
Dorsey Wright & Associates
California
$22K +$21.1K +228 New
Macquarie Group
93
Macquarie Group
Australia
$14K -$175K -1,889 -93%
AIP
94
Ameritas Investment Partners
Nebraska
$12K
FANJ
95
Financial Architects (New Jersey)
New Jersey
$7K
CG
96
Cutler Group
California
$6K -$54.3K -587 -89%
Federated Hermes
97
Federated Hermes
Pennsylvania
$6K +$3.89K +42 +183%
BNP Paribas Financial Markets
98
BNP Paribas Financial Markets
France
$5.08K
AG
99
Advisor Group
Arizona
$5K
FIA
100
FNY Investment Advisers
New York
$4K

NDLS Hedge Fund Activity: Q3 2018 in Review

104 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2018, worth a combined $378M — up 20% from $314M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new NDLS positions and 13 closed out — a net gain of 20 holders — while 41 added to existing stakes and 18 trimmed.

The largest buyer was Castleark Management, opening a new position worth an estimated $9.24M. The largest seller was Mill Road Capital Management, cutting an estimated $25.6M.

  • 104 institutional investors held Noodles & Co (NDLS) as of Q3 2018, up from 85 in Q2 2018.
  • Funds reported $378M of Noodles & Co stock for Q3 2018, up 20% quarter-over-quarter.
  • 33 funds opened new Noodles & Co positions in Q3 2018 and 13 closed out, a net change of +20 holders.
  • The largest Noodles & Co buyer in Q3 2018 was Castleark Management, an estimated $9.24M added.
  • The largest Noodles & Co seller in Q3 2018 was Mill Road Capital Management, an estimated $25.6M sold.

Based on aggregated 13F filings for Q3 2018.