Noodles & Co
NDLS
96 hedge funds and large institutions have $378M invested in Noodles & Co in 2015 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 20 closing their positions.
63% more call options, than puts
Call options by funds: $3.81M | Put options by funds: $2.34M
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
1% less funds holding
Funds holding: 97 → 96 (-1)
21% less capital invested
Capital invested by funds: $481M → $378M (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17M |
| 2 |
MPEM
Marathon Partners Equity Management
New York
|
+$4.4M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.58M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$3.03M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$19M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$13.1M |
| 3 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$9.14M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.37M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$3.92M |
NDLS Hedge Fund Activity: Q2 2015 in Review
96 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2015, worth a combined $378M — down 21% from $481M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NDLS and 19 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 40 added.
The largest buyer was Fidelity Investments, adding an estimated $17M. The largest seller was Franklin Resources, exiting entirely with an estimated $19M sold.
- 96 institutional investors held Noodles & Co (NDLS) as of Q2 2015, down from 97 in Q1 2015.
- Funds reported $378M of Noodles & Co stock for Q2 2015, down 21% quarter-over-quarter.
- 19 funds opened new Noodles & Co positions in Q2 2015 and 20 closed out, a net change of -1 holder.
- The largest Noodles & Co buyer in Q2 2015 was Fidelity Investments, an estimated $17M added.
- The largest Noodles & Co seller in Q2 2015 was Franklin Resources, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2015.