Noodles & Co
NDLS
100 hedge funds and large institutions have $178M invested in Noodles & Co in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 41 reducing their positions, and 12 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
0.13% less ownership
Funds ownership: 10.46% → 10.32% (-0.13%)
1% less funds holding
Funds holding: 101 → 100 (-1)
22% less capital invested
Capital invested by funds: $229M → $178M (-$50.6M)
27% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 41
Top Buyers
| 1 |
PC
Plaisance Capital
Denver,
Colorado
|
+$3.77M |
| 2 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$2.42M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.75M |
| 4 |
RA
Royce & Associates
New York
|
+$1.64M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$967K |
Top Sellers
NDLS Hedge Fund Activity: Q2 2022 in Review
100 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2022, worth a combined $178M — down 22% from $229M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NDLS positions and 12 closed out — a net gain of 2 holders — while 30 added to existing stakes and 41 trimmed.
The largest buyer was Plaisance Capital, adding an estimated $3.77M. The largest seller was Nuveen, cutting an estimated $5.7M.
- 100 institutional investors held Noodles & Co (NDLS) as of Q2 2022, down from 101 in Q1 2022.
- Funds reported $178M of Noodles & Co stock for Q2 2022, down 22% quarter-over-quarter.
- 14 funds opened new Noodles & Co positions in Q2 2022 and 12 closed out, a net change of +2 holders.
- The largest Noodles & Co buyer in Q2 2022 was Plaisance Capital, an estimated $3.77M added.
- The largest Noodles & Co seller in Q2 2022 was Nuveen, an estimated $5.7M sold.
Based on aggregated 13F filings for Q2 2022.