Noodles & Co
NDLS
92 hedge funds and large institutions have $167M invested in Noodles & Co in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 28 reducing their positions, and 16 closing their positions.
662% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $144K
32% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
0.85% less ownership
Funds ownership: 9.37% → 8.52% (-0.85%)
1% less funds holding
Funds holding: 93 → 92 (-1)
11% less capital invested
Capital invested by funds: $187M → $167M (-$20.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.35M |
| 2 |
Jane Street
New York
|
+$2.56M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.05M |
| 4 |
RA
Royce & Associates
New York
|
+$1.53M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$8.28M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$3.42M |
| 3 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$1.65M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$881K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$551K |
NDLS Hedge Fund Activity: Q4 2019 in Review
92 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2019, worth a combined $167M — down 11% from $187M a quarter earlier.
Fund positioning in NDLS was balanced in Q4 2019: 16 funds opened new positions, 16 closed out, 37 added to existing stakes and 28 trimmed.
The largest buyer was Cooper Creek Partners Management, adding an estimated $4.35M. The largest seller was Public Sector Pension Investment Board (PSP Investments), cutting an estimated $8.28M.
- 92 institutional investors held Noodles & Co (NDLS) as of Q4 2019, down from 93 in Q3 2019.
- Funds reported $167M of Noodles & Co stock for Q4 2019, down 11% quarter-over-quarter.
- 16 funds opened new Noodles & Co positions in Q4 2019 and 16 closed out, a net change of 0 holders.
- The largest Noodles & Co buyer in Q4 2019 was Cooper Creek Partners Management, an estimated $4.35M added.
- The largest Noodles & Co seller in Q4 2019 was Public Sector Pension Investment Board (PSP Investments), an estimated $8.28M sold.
Based on aggregated 13F filings for Q4 2019.