Noodles & Co
NDLS
72 hedge funds and large institutions have $92.6M invested in Noodles & Co in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 14 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
10.71% more ownership
Funds ownership: 0% → 10.71% (+11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 78 → 72 (-6)
14% less capital invested
Capital invested by funds: $107M → $92.6M (-$14.9M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
44% less call options, than puts
Call options by funds: $216K | Put options by funds: $384K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
+$1.55M |
| 2 |
Renaissance Technologies
New York
|
+$1.01M |
| 3 |
ICM
IMS Capital Management
Portland,
Oregon
|
+$608K |
| 4 |
SIM
Spark Investment Management
New York
|
+$521K |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPEM
Marathon Partners Equity Management
New York
|
-$2.86M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.51M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$286K |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$271K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$191K |
NDLS Hedge Fund Activity: Q4 2016 in Review
72 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2016, worth a combined $92.6M — down 14% from $107M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NDLS and 9 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 25 added.
The largest buyer was Netols Asset Management, adding an estimated $1.55M. The largest seller was Marathon Partners Equity Management, exiting entirely with an estimated $2.86M sold.
- 72 institutional investors held Noodles & Co (NDLS) as of Q4 2016, down from 78 in Q3 2016.
- Funds reported $92.6M of Noodles & Co stock for Q4 2016, down 14% quarter-over-quarter.
- 9 funds opened new Noodles & Co positions in Q4 2016 and 14 closed out, a net change of -5 holders.
- The largest Noodles & Co buyer in Q4 2016 was Netols Asset Management, an estimated $1.55M added.
- The largest Noodles & Co seller in Q4 2016 was Marathon Partners Equity Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q4 2016.