Noodles & Co
NDLS
81 hedge funds and large institutions have $508M invested in Noodles & Co in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 29 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
16% less funds holding
Funds holding: 96 → 81 (-15)
46% less capital invested
Capital invested by funds: $940M → $508M (-$433M)
47% less call options, than puts
Call options by funds: $4.67M | Put options by funds: $8.79M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
+$39.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$23.6M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$10.3M |
| 4 |
Two Sigma Investments
New York
|
+$4.73M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$39.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$34.9M |
| 3 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$21.2M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$17.5M |
| 5 |
BAMCO Inc
New York
|
-$16.3M |
NDLS Hedge Fund Activity: Q3 2014 in Review
81 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2014, worth a combined $508M — down 46% from $940M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NDLS and 14 opened new positions — a net loss of 15 holders — while 18 trimmed existing stakes and 36 added.
The largest buyer was Tremblant Capital Group, adding an estimated $39.5M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $39.9M sold.
- 81 institutional investors held Noodles & Co (NDLS) as of Q3 2014, down from 96 in Q2 2014.
- Funds reported $508M of Noodles & Co stock for Q3 2014, down 46% quarter-over-quarter.
- 14 funds opened new Noodles & Co positions in Q3 2014 and 29 closed out, a net change of -15 holders.
- The largest Noodles & Co buyer in Q3 2014 was Tremblant Capital Group, an estimated $39.5M added.
- The largest Noodles & Co seller in Q3 2014 was Eagle Asset Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q3 2014.