Noodles & Co
NDLS
92 hedge funds and large institutions have $741M invested in Noodles & Co in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
46% more capital invested
Capital invested by funds: $507M → $741M (+$234M)
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
14% more funds holding
Funds holding: 81 → 92 (+11)
2% less call options, than puts
Call options by funds: $3.77M | Put options by funds: $3.85M
Top Buyers
| 1 |
ClearBridge Investments
New York
|
+$28.5M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$22.1M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$10.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.38M |
| 5 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$8.19M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNYS
101
First New York Securities
New York
| – | -$138K | -884 | Closed |
|
102
SG Americas Securities
New York
| – | -$103K | -674 | Closed |
|
103
Walleye Trading
New York
| – | -$104K | -558 | Closed |
|
104
BNP Paribas Financial Markets
Paris,
France
| – | -$22.6K | -147 | Closed |
|
|
PAI
105
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$19K | -125 | Closed |
|
|
CBT
106
Central Bank & Trust
Lexington,
Kentucky
| – | -$12K | -75 | Closed |
|
|
PSUF
107
People's United Financial
Bridgeport,
Connecticut
| – | -$11K | -69 | Closed |
|
NDLS Hedge Fund Activity: Q4 2014 in Review
92 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2014, worth a combined $741M — up 46% from $507M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NDLS positions and 15 closed out — a net gain of 12 holders — while 29 added to existing stakes and 23 trimmed.
The largest buyer was ClearBridge Investments, opening a new position worth an estimated $28.5M. The largest seller was Catterton Management Company, cutting an estimated $35.4M.
- 92 institutional investors held Noodles & Co (NDLS) as of Q4 2014, up from 81 in Q3 2014.
- Funds reported $741M of Noodles & Co stock for Q4 2014, up 46% quarter-over-quarter.
- 27 funds opened new Noodles & Co positions in Q4 2014 and 15 closed out, a net change of +12 holders.
- The largest Noodles & Co buyer in Q4 2014 was ClearBridge Investments, an estimated $28.5M added.
- The largest Noodles & Co seller in Q4 2014 was Catterton Management Company, an estimated $35.4M sold.
Based on aggregated 13F filings for Q4 2014.