Noodles & Co
NDLS
97 hedge funds and large institutions have $481M invested in Noodles & Co in 2015 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 40 increasing their positions, 20 reducing their positions, and 23 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 20
63% more call options, than puts
Call options by funds: $6.06M | Put options by funds: $3.71M
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
5% more funds holding
Funds holding: 92 → 97 (+5)
35% less capital invested
Capital invested by funds: $741M → $481M (-$261M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.3M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$23.3M |
| 3 |
GTP
Global Thematic Partners
New York
|
+$4.45M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$3.96M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$22M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$12.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.2M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$9.51M |
NDLS Hedge Fund Activity: Q1 2015 in Review
97 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2015, worth a combined $481M — down 35% from $741M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NDLS positions and 23 closed out — a net gain of 5 holders — while 40 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $35.3M. The largest seller was Tremblant Capital Group, cutting an estimated $22M.
- 97 institutional investors held Noodles & Co (NDLS) as of Q1 2015, up from 92 in Q4 2014.
- Funds reported $481M of Noodles & Co stock for Q1 2015, down 35% quarter-over-quarter.
- 28 funds opened new Noodles & Co positions in Q1 2015 and 23 closed out, a net change of +5 holders.
- The largest Noodles & Co buyer in Q1 2015 was Fidelity Investments, an estimated $35.3M added.
- The largest Noodles & Co seller in Q1 2015 was Tremblant Capital Group, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2015.