Noodles & Co
NDLS
103 hedge funds and large institutions have $489M invested in Noodles & Co in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 9 closing their positions.
1,856% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $873K
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more capital invested
Capital invested by funds: $401M → $489M (+$88.5M)
11% more funds holding
Funds holding: 93 → 103 (+10)
0.11% more ownership
Funds ownership: 10.67% → 10.78% (+0.11%)
0% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
+$5.47M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.34M |
| 3 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$4.42M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.81M |
| 5 |
BlackRock
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
-$4.64M |
| 2 |
RA
Royce & Associates
New York
|
-$3.67M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.87M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$2.76M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
101
American International Group
New York
| $284 | +$53.3K | +573 | +25% |
|
|
PP
102
Prudential plc
London, England,
United Kingdom
| – | -$2.76M | -33,289 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.15M | -12,369 | Closed |
|
|
FP
104
Foundry Partners
Minneapolis,
Minnesota
| – | -$1.02M | -12,336 | Closed |
|
105
California Public Employees Retirement System
Sacramento,
California
| – | -$675K | -8,150 | Closed |
|
106
Man Group
London,
United Kingdom
| – | -$244K | -2,948 | Closed |
|
|
QC
107
Quadrature Capital
London,
United Kingdom
| – | -$149K | -1,807 | Closed |
|
108
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$121K | -1,464 | Closed |
|
|
CG
109
Cutler Group
San Francisco,
California
| – | -$73.6K | -791 | Closed |
|
110
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -108 | Closed |
|
|
HI
111
Harbour Investments
Madison,
Wisconsin
| – | +$93 | +1 | +100% |
|
112
Rockefeller Capital Management
New York
| – | +$558 | +6 | New |
|
NDLS Hedge Fund Activity: Q2 2021 in Review
103 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2021, worth a combined $489M — up 22% from $401M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NDLS positions and 9 closed out — a net gain of 10 holders — while 37 added to existing stakes and 37 trimmed.
The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $5.47M. The largest seller was Rip Road Capital Partners, cutting an estimated $4.64M.
- 103 institutional investors held Noodles & Co (NDLS) as of Q2 2021, up from 93 in Q1 2021.
- Funds reported $489M of Noodles & Co stock for Q2 2021, up 22% quarter-over-quarter.
- 19 funds opened new Noodles & Co positions in Q2 2021 and 9 closed out, a net change of +10 holders.
- The largest Noodles & Co buyer in Q2 2021 was RK Capital Management (Colorado), an estimated $5.47M added.
- The largest Noodles & Co seller in Q2 2021 was Rip Road Capital Partners, an estimated $4.64M sold.
Based on aggregated 13F filings for Q2 2021.