Noodles & Co
NDLS
81 hedge funds and large institutions have $92.9M invested in Noodles & Co in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 26 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
17% more call options, than puts
Call options by funds: $272K | Put options by funds: $233K
9% more funds holding
Funds holding: 74 → 81 (+7)
1.38% more ownership
Funds ownership: 64.28% → 65.66% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 26
7% less capital inflows, than outflows
Capital inflows: $6.89M | Capital outflows: $7.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.87M |
| 2 |
Royce & Associates
New York
|
+$972K |
| 3 |
Nantahala Capital Management
New Canaan,
Connecticut
|
+$680K |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$615K |
| 5 |
BlackRock
New York
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.93M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$963K |
| 4 |
Kennedy Capital Management
St Louis,
Missouri
|
-$847K |
| 5 |
F1I
Fund 1 Investments
Rincon,
Puerto Rico
|
-$703K |
NDLS Hedge Fund Activity: Q4 2023 in Review
81 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q4 2023, worth a combined $92.9M — up 27% from $73.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NDLS positions and 7 closed out — a net gain of 8 holders — while 25 added to existing stakes and 26 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $1.87M. The largest seller was Fidelity Investments, cutting an estimated $1.93M.
- 81 institutional investors held Noodles & Co (NDLS) as of Q4 2023, up from 74 in Q3 2023.
- Funds reported $92.9M of Noodles & Co stock for Q4 2023, up 27% quarter-over-quarter.
- 15 funds opened new Noodles & Co positions in Q4 2023 and 7 closed out, a net change of +8 holders.
- The largest Noodles & Co buyer in Q4 2023 was Fuller & Thaler Asset Management, an estimated $1.87M added.
- The largest Noodles & Co seller in Q4 2023 was Fidelity Investments, an estimated $1.93M sold.
Based on aggregated 13F filings for Q4 2023.