Noodles & Co
NDLS
106 hedge funds and large institutions have $177M invested in Noodles & Co in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
7% more funds holding
Funds holding: 99 → 106 (+7)
0.4% more ownership
Funds ownership: 9.51% → 9.92% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $192M → $177M (-$15.2M)
86% less call options, than puts
Call options by funds: $698K | Put options by funds: $4.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.35M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$1.47M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.39M |
| 5 |
RA
Royce & Associates
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$5.58M |
| 2 |
PP
Prospector Partners
Guilford,
Connecticut
|
-$754K |
| 3 |
Renaissance Technologies
New York
|
-$658K |
| 4 |
Millennium Management
New York
|
-$656K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$443K |
NDLS Hedge Fund Activity: Q1 2023 in Review
106 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2023, worth a combined $177M — down 7.9% from $192M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NDLS positions and 10 closed out — a net gain of 7 holders — while 41 added to existing stakes and 27 trimmed.
The largest buyer was Punch & Associates Investment Management, adding an estimated $2.35M. The largest seller was Woodson Capital Management, cutting an estimated $5.58M.
- 106 institutional investors held Noodles & Co (NDLS) as of Q1 2023, up from 99 in Q4 2022.
- Funds reported $177M of Noodles & Co stock for Q1 2023, down 7.9% quarter-over-quarter.
- 17 funds opened new Noodles & Co positions in Q1 2023 and 10 closed out, a net change of +7 holders.
- The largest Noodles & Co buyer in Q1 2023 was Punch & Associates Investment Management, an estimated $2.35M added.
- The largest Noodles & Co seller in Q1 2023 was Woodson Capital Management, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2023.