Noodles & Co
NDLS
94 hedge funds and large institutions have $247M invested in Noodles & Co in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 20 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
19% more capital invested
Capital invested by funds: $209M → $247M (+$38.7M)
0.2% more ownership
Funds ownership: 8.72% → 8.93% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less funds holding
Funds holding: 103 → 94 (-9)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
46% less call options, than puts
Call options by funds: $191K | Put options by funds: $356K
Top Buyers
| 1 |
BlackRock
New York
|
+$5.34M |
| 2 |
IP
Isomer Partners
New York
|
+$3.79M |
| 3 |
DLG
Daniel L. Goodwin
|
+$2.75M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$2.62M |
| 5 |
Calamos Advisors
Naperville,
Illinois
|
+$2.56M |
Top Sellers
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.04M |
| 2 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$2.32M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.73M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$1.68M |
| 5 |
HT
HAP Trading
New York
|
-$1.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSA
101
Schonfeld Strategic Advisors
New York
| – | -$322K | -5,925 | Closed |
|
|
CEP
102
Chicago Equity Partners
Chicago,
Illinois
| – | -$309K | -5,681 | Closed |
|
103
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$297K | -5,465 | Closed |
|
104
Tudor Investment Corp
Stamford,
Connecticut
| – | -$271K | -4,982 | Closed |
|
105
AQR Capital Management
Greenwich,
Connecticut
| – | -$239K | -4,398 | Closed |
|
106
Renaissance Technologies
New York
| – | -$197K | -3,621 | Closed |
|
|
JT
107
Jump Trading
Chicago,
Illinois
| – | -$195K | -3,588 | Closed |
|
108
Coatue Management
New York
| – | -$117K | -2,164 | Closed |
|
|
PPA
109
Parametric Portfolio Associates
Seattle,
Washington
| – | -$86K | -1,573 | Closed |
|
|
CSS
110
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$41K | -748 | Closed |
|
|
PHK
111
Point72 Hong Kong
Hong Kong
| – | -$32K | -593 | Closed |
|
NDLS Hedge Fund Activity: Q2 2019 in Review
94 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2019, worth a combined $247M — up 19% from $209M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NDLS and 16 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 38 added.
The largest buyer was BlackRock, adding an estimated $5.34M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $5.04M sold.
- 94 institutional investors held Noodles & Co (NDLS) as of Q2 2019, down from 103 in Q1 2019.
- Funds reported $247M of Noodles & Co stock for Q2 2019, up 19% quarter-over-quarter.
- 16 funds opened new Noodles & Co positions in Q2 2019 and 20 closed out, a net change of -4 holders.
- The largest Noodles & Co buyer in Q2 2019 was BlackRock, an estimated $5.34M added.
- The largest Noodles & Co seller in Q2 2019 was Driehaus Capital Management, an estimated $5.04M sold.
Based on aggregated 13F filings for Q2 2019.