Noodles & Co
NDLS
101 hedge funds and large institutions have $167M invested in Noodles & Co in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 100 → 101 (+1)
0% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 36
0.63% less ownership
Funds ownership: 10.32% → 9.7% (-0.63%)
6% less capital invested
Capital invested by funds: $178M → $167M (-$11.3M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$3.83M |
| 2 |
RA
Royce & Associates
New York
|
+$1.15M |
| 3 |
Renaissance Technologies
New York
|
+$1.04M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$743K |
| 5 |
D.E. Shaw & Co
New York
|
+$708K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$305K | -7,666 | Closed |
|
|
DTL
102
Dynamic Technology Lab
Singapore
| – | -$132K | -3,510 | Closed |
|
|
TSS
103
Two Sigma Securities
New York
| – | -$128K | -3,399 | Closed |
|
|
PI
104
PEAK6 Investments
Chicago,
Illinois
| – | -$117K | -3,120 | Closed |
|
|
JWM
105
JFG Wealth Management
Denver,
Colorado
| – | -$47K | -1,268 | Closed |
|
|
SOW
106
State of Wyoming
Cheyenne,
Wyoming
| – | -$31K | -828 | Closed |
|
|
JFGIW
107
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$14K | -379 | Closed |
|
|
ACM
108
Aquatic Capital Management
Chicago,
Illinois
| – | -$8K | -225 | Closed |
|
|
EWA
109
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1K | -33 | Closed |
|
|
EI
110
Ellevest Inc
New York
| – | +$278 | +7 | New |
|
NDLS Hedge Fund Activity: Q3 2022 in Review
101 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2022, worth a combined $167M — down 6.4% from $178M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NDLS positions and 10 closed out — a net gain of 2 holders — while 36 added to existing stakes and 36 trimmed.
The largest buyer was Mill Road Capital Management, adding an estimated $3.83M. The largest seller was Fidelity Investments, cutting an estimated $5.66M.
- 101 institutional investors held Noodles & Co (NDLS) as of Q3 2022, up from 100 in Q2 2022.
- Funds reported $167M of Noodles & Co stock for Q3 2022, down 6.4% quarter-over-quarter.
- 12 funds opened new Noodles & Co positions in Q3 2022 and 10 closed out, a net change of +2 holders.
- The largest Noodles & Co buyer in Q3 2022 was Mill Road Capital Management, an estimated $3.83M added.
- The largest Noodles & Co seller in Q3 2022 was Fidelity Investments, an estimated $5.66M sold.
Based on aggregated 13F filings for Q3 2022.