Noodles & Co
NDLS
63 hedge funds and large institutions have $116M invested in Noodles & Co in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
15% more capital invested
Capital invested by funds: $101M → $116M (+$14.8M)
0.13% more ownership
Funds ownership: 8.21% → 8.34% (+0.13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 65 → 63 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
52% less call options, than puts
Call options by funds: $213K | Put options by funds: $443K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
+$1.27M |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$789K |
| 3 |
RA
Royce & Associates
New York
|
+$667K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$525K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.14M |
| 2 |
Renaissance Technologies
New York
|
-$536K |
| 3 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$325K |
| 4 |
SIM
Spark Investment Management
New York
|
-$226K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$104K |
NDLS Hedge Fund Activity: Q3 2017 in Review
63 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2017, worth a combined $116M — up 15% from $101M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NDLS and 6 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 24 added.
The largest buyer was Salem Investment Counselors, opening a new position worth an estimated $1.27M. The largest seller was Russell Investments Group, exiting entirely with an estimated $1.14M sold.
- 63 institutional investors held Noodles & Co (NDLS) as of Q3 2017, down from 65 in Q2 2017.
- Funds reported $116M of Noodles & Co stock for Q3 2017, up 15% quarter-over-quarter.
- 6 funds opened new Noodles & Co positions in Q3 2017 and 7 closed out, a net change of -1 holder.
- The largest Noodles & Co buyer in Q3 2017 was Salem Investment Counselors, an estimated $1.27M added.
- The largest Noodles & Co seller in Q3 2017 was Russell Investments Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2017.