Noodles & Co
NDLS
99 hedge funds and large institutions have $192M invested in Noodles & Co in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 11 closing their positions.
1,900% more call options, than puts
Call options by funds: $900K | Put options by funds: $45K
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
15% more capital invested
Capital invested by funds: $167M → $192M (+$25.7M)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.19% less ownership
Funds ownership: 9.7% → 9.51% (-0.19%)
2% less funds holding
Funds holding: 101 → 99 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.72M |
| 2 |
SAM
Soviero Asset Management
New York
|
+$1.23M |
| 3 |
RA
Royce & Associates
New York
|
+$888K |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$871K |
| 5 |
BlackRock
New York
|
+$741K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRCP
Rip Road Capital Partners
Boston,
Massachusetts
|
-$3.08M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$1.78M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$1.44M |
| 4 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$576K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$246K |
NDLS Hedge Fund Activity: Q4 2022 in Review
99 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2022, worth a combined $192M — up 15% from $167M a quarter earlier.
Fund positioning in NDLS was balanced in Q4 2022: 11 funds opened new positions, 11 closed out, 42 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.72M. The largest seller was Rip Road Capital Partners, exiting entirely with an estimated $3.08M sold.
- 99 institutional investors held Noodles & Co (NDLS) as of Q4 2022, down from 101 in Q3 2022.
- Funds reported $192M of Noodles & Co stock for Q4 2022, up 15% quarter-over-quarter.
- 11 funds opened new Noodles & Co positions in Q4 2022 and 11 closed out, a net change of 0 holders.
- The largest Noodles & Co buyer in Q4 2022 was Fidelity Investments, an estimated $1.72M added.
- The largest Noodles & Co seller in Q4 2022 was Rip Road Capital Partners, an estimated $3.08M sold.
Based on aggregated 13F filings for Q4 2022.