Noodles & Co
NDLS
83 hedge funds and large institutions have $696M invested in Noodles & Co in 2013 Q3 according to their latest regulatory filings, with 76 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 6 closing their positions.
1,167% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 6
538% more funds holding
Funds holding: 13 → 83 (+70)
156% more capital invested
Capital invested by funds: $272M → $696M (+$424M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
73% less call options, than puts
Call options by funds: $4.27M | Put options by funds: $16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$178M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$30.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.9M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.57M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$4.26M |
| 3 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$3.09M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.73M |
| 5 |
EEG
E.E. Geduld
|
-$919K |
NDLS Hedge Fund Activity: Q3 2013 in Review
83 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2013, worth a combined $696M — up 156% from $272M a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new NDLS positions and 6 closed out — a net gain of 70 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Public Sector Pension Investment Board (PSP Investments), opening a new position worth an estimated $178M. The largest seller was Citadel Advisors, cutting an estimated $5.57M.
- 83 institutional investors held Noodles & Co (NDLS) as of Q3 2013, up from 13 in Q2 2013.
- Funds reported $696M of Noodles & Co stock for Q3 2013, up 156% quarter-over-quarter.
- 76 funds opened new Noodles & Co positions in Q3 2013 and 6 closed out, a net change of +70 holders.
- The largest Noodles & Co buyer in Q3 2013 was Public Sector Pension Investment Board (PSP Investments), an estimated $178M added.
- The largest Noodles & Co seller in Q3 2013 was Citadel Advisors, an estimated $5.57M sold.
Based on aggregated 13F filings for Q3 2013.