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Noodles & Co

103 hedge funds and large institutions have $489M invested in Noodles & Co in 2021 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,856% more call options, than puts

Call options by funds: $17.1M | Put options by funds: $873K

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

22% more capital invested

Capital invested by funds: $401M → $489M (+$88.5M)

11% more funds holding

Funds holding: 93103 (+10)

0.11% more ownership

Funds ownership: 10.67%10.78% (+0.11%)

0% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 37

Holders
103
Holders Change
+10
Holders Change %
+10.75%
% of All Funds
1.79%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.09%
New
19
Increased
37
Reduced
37
Closed
9
Calls
$17.1M
Puts
$873K
Net Calls
+$16.2M
Net Calls Change
+$529K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$85.1M +$190K +2,040 +0.2%
MRCM
2
Mill Road Capital Management
Connecticut
$60M
WCM
3
Woodson Capital Management
Connecticut
$43.7M -$1.16M -12,500 -3%
BlackRock
4
BlackRock
New York
$30.9M +$1.94M +20,889 +7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$24M -$1.99M -21,422 -8%
RRCP
6
Rip Road Capital Partners
Massachusetts
$20.7M -$4.64M -49,883 -19%
RA
7
Royce & Associates
New York
$15.8M -$3.67M -39,413 -20%
WA
8
Wasatch Advisors
Utah
$13.4M +$467K +5,014 +4%
EMFAT
9
Emerald Mutual Fund Advisers Trust
Pennsylvania
$12.8M +$309K +3,326 +3%
EA
10
Emerald Advisers
Pennsylvania
$12.2M -$33.7K -362 -0.3%
SAM
11
Silvercrest Asset Management
New York
$11.3M -$30.7K -330 -0.3%
N
12
Nuveen
North Carolina
$11.2M +$5.34M +57,358 +104%
KCM
13
Kennedy Capital Management
Missouri
$9.65M -$1.69M -18,132 -16%
PC
14
Plaisance Capital
Colorado
$8.57M +$506K +5,437 +7%
PP
15
Prospector Partners
Connecticut
$8.54M -$426K -4,575 -5%
MHP
16
Manatuck Hill Partners
Connecticut
$7.83M -$9.3K -100 -0.1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$7.69M +$945K +10,158 +15%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$7.57M +$1.93M +20,779 +38%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$7.51M -$99.3K -1,067 -1%
State Street
20
State Street
Massachusetts
$7.29M +$1.11M +11,922 +20%
AIC
21
AWM Investment Company
New York
$6M
RCMC
22
RK Capital Management (Colorado)
Colorado
$5.87M +$5.47M +58,750 New
Assenagon Asset Management
23
Assenagon Asset Management
Luxembourg
$4.98M +$3.81M +40,971 +459%
GKIM
24
GW&K Investment Management
Massachusetts
$4.74M +$4.42M +47,473 New
Northern Trust
25
Northern Trust
Illinois
$4.73M +$782K +8,399 +22%

NDLS Hedge Fund Activity: Q2 2021 in Review

103 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q2 2021, worth a combined $489M — up 22% from $401M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NDLS positions and 9 closed out — a net gain of 10 holders — while 37 added to existing stakes and 37 trimmed.

The largest buyer was RK Capital Management (Colorado), opening a new position worth an estimated $5.47M. The largest seller was Rip Road Capital Partners, cutting an estimated $4.64M.

  • 103 institutional investors held Noodles & Co (NDLS) as of Q2 2021, up from 93 in Q1 2021.
  • Funds reported $489M of Noodles & Co stock for Q2 2021, up 22% quarter-over-quarter.
  • 19 funds opened new Noodles & Co positions in Q2 2021 and 9 closed out, a net change of +10 holders.
  • The largest Noodles & Co buyer in Q2 2021 was RK Capital Management (Colorado), an estimated $5.47M added.
  • The largest Noodles & Co seller in Q2 2021 was Rip Road Capital Partners, an estimated $4.64M sold.

Based on aggregated 13F filings for Q2 2021.