Noodles & Co
NDLS
68 hedge funds and large institutions have $161M invested in Noodles & Co in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 25 reducing their positions, and 8 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
149% more call options, than puts
Call options by funds: $958K | Put options by funds: $385K
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
47% more capital invested
Capital invested by funds: $109M → $161M (+$51.9M)
6% more funds holding
Funds holding: 64 → 68 (+4)
0.17% more ownership
Funds ownership: 6.58% → 6.75% (+0.17%)
44% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$2.97M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.93M |
| 3 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
+$1.14M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
+$653K |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.01M |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$985K |
| 3 |
Goldman Sachs
New York
|
-$584K |
| 4 |
Renaissance Technologies
New York
|
-$320K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$270K |
NDLS Hedge Fund Activity: Q1 2018 in Review
68 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2018, worth a combined $161M — up 47% from $109M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NDLS positions and 8 closed out — a net gain of 4 holders — while 14 added to existing stakes and 25 trimmed.
The largest buyer was Tenzing Global Management, opening a new position worth an estimated $2.97M. The largest seller was Royce & Associates, cutting an estimated $1.01M.
- 68 institutional investors held Noodles & Co (NDLS) as of Q1 2018, up from 64 in Q4 2017.
- Funds reported $161M of Noodles & Co stock for Q1 2018, up 47% quarter-over-quarter.
- 12 funds opened new Noodles & Co positions in Q1 2018 and 8 closed out, a net change of +4 holders.
- The largest Noodles & Co buyer in Q1 2018 was Tenzing Global Management, an estimated $2.97M added.
- The largest Noodles & Co seller in Q1 2018 was Royce & Associates, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2018.