Noodles & Co
NDLS
63 hedge funds and large institutions have $129M invested in Noodles & Co in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 11 closing their positions.
39% more capital invested
Capital invested by funds: $92.6M → $129M (+$36M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 10.71% → 10.61% (-0.09%)
6% less call options, than puts
Call options by funds: $380K | Put options by funds: $404K
13% less funds holding
Funds holding: 72 → 63 (-9)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$3.5M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$843K |
| 3 |
Renaissance Technologies
New York
|
+$437K |
| 4 |
AFS
Amtrust Financial Services
New York
|
+$169K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
-$557K |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$382K |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$382K |
| 4 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
-$270K |
| 5 |
Two Sigma Investments
New York
|
-$260K |
NDLS Hedge Fund Activity: Q1 2017 in Review
63 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2017, worth a combined $129M — up 39% from $92.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NDLS and 7 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was BlackRock, adding an estimated $3.5M. The largest seller was Spark Investment Management, exiting entirely with an estimated $557K sold.
- 63 institutional investors held Noodles & Co (NDLS) as of Q1 2017, down from 72 in Q4 2016.
- Funds reported $129M of Noodles & Co stock for Q1 2017, up 39% quarter-over-quarter.
- 7 funds opened new Noodles & Co positions in Q1 2017 and 11 closed out, a net change of -4 holders.
- The largest Noodles & Co buyer in Q1 2017 was BlackRock, an estimated $3.5M added.
- The largest Noodles & Co seller in Q1 2017 was Spark Investment Management, an estimated $557K sold.
Based on aggregated 13F filings for Q1 2017.