Noodles & Co
NDLS
96 hedge funds and large institutions have $940M invested in Noodles & Co in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 45 increasing their positions, 20 reducing their positions, and 19 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 20
24% more call options, than puts
Call options by funds: $9.58M | Put options by funds: $7.73M
2% less funds holding
Funds holding: 98 → 96 (-2)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
12% less capital invested
Capital invested by funds: $1.07B → $940M (-$128M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$22.9M |
| 2 |
BAMCO Inc
New York
|
+$16.3M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$5.34M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$5.23M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$17.1M |
| 2 |
JP Morgan Chase
New York
|
-$14.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$10.6M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.58M |
| 5 |
WSA
Wall Street Associates
Lajolla,
California
|
-$4.81M |
NDLS Hedge Fund Activity: Q2 2014 in Review
96 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2014, worth a combined $940M — down 12% from $1.07B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NDLS and 17 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 45 added.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $22.9M. The largest seller was American Century Companies, cutting an estimated $17.1M.
- 96 institutional investors held Noodles & Co (NDLS) as of Q2 2014, down from 98 in Q1 2014.
- Funds reported $940M of Noodles & Co stock for Q2 2014, down 12% quarter-over-quarter.
- 17 funds opened new Noodles & Co positions in Q2 2014 and 19 closed out, a net change of -2 holders.
- The largest Noodles & Co buyer in Q2 2014 was Massachusetts Financial Services, an estimated $22.9M added.
- The largest Noodles & Co seller in Q2 2014 was American Century Companies, an estimated $17.1M sold.
Based on aggregated 13F filings for Q2 2014.