Noodles & Co
NDLS
91 hedge funds and large institutions have $302M invested in Noodles & Co in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 10 closing their positions.
635% more call options, than puts
Call options by funds: $2.22M | Put options by funds: $302K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more capital invested
Capital invested by funds: $215M → $302M (+$87.1M)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
2% more funds holding
Funds holding: 89 → 91 (+2)
1.96% more ownership
Funds ownership: 8.8% → 10.76% (+2%)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.4M |
| 2 |
RA
Royce & Associates
New York
|
+$2.89M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$2.45M |
| 4 |
CCM
CAAS Capital Management
New York
|
+$1.99M |
| 5 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DLG
Daniel L. Goodwin
|
-$3.76M |
| 2 |
IP
Isomer Partners
New York
|
-$2.64M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.6M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$1.48M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$844K |
NDLS Hedge Fund Activity: Q4 2020 in Review
91 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2020, worth a combined $302M — up 41% from $215M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NDLS positions and 10 closed out — a net gain of 2 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $7.4M. The largest seller was Daniel L. Goodwin, cutting an estimated $3.76M.
- 91 institutional investors held Noodles & Co (NDLS) as of Q4 2020, up from 89 in Q3 2020.
- Funds reported $302M of Noodles & Co stock for Q4 2020, up 41% quarter-over-quarter.
- 12 funds opened new Noodles & Co positions in Q4 2020 and 10 closed out, a net change of +2 holders.
- The largest Noodles & Co buyer in Q4 2020 was Fidelity Investments, an estimated $7.4M added.
- The largest Noodles & Co seller in Q4 2020 was Daniel L. Goodwin, an estimated $3.76M sold.
Based on aggregated 13F filings for Q4 2020.