Noodles & Co
NDLS
77 hedge funds and large institutions have $53.8M invested in Noodles & Co in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 36 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.39% less ownership
Funds ownership: 8.21% → 7.82% (-0.39%)
5% less funds holding
Funds holding: 81 → 77 (-4)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
42% less capital invested
Capital invested by funds: $92.9M → $53.8M (-$39.1M)
64% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 36
98% less call options, than puts
Call options by funds: $1K | Put options by funds: $65K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$705K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$527K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$492K |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$250K |
| 5 |
Jane Street
New York
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.41M |
| 2 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$709K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$446K |
| 4 |
SSA
Sierra Summit Advisors
Incline Village,
Nevada
|
-$443K |
| 5 |
Millennium Management
New York
|
-$359K |
NDLS Hedge Fund Activity: Q1 2024 in Review
77 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2024, worth a combined $53.8M — down 42% from $92.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NDLS and 12 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 13 added.
The largest buyer was Nantahala Capital Management, adding an estimated $705K. The largest seller was Kennedy Capital Management, cutting an estimated $1.41M.
- 77 institutional investors held Noodles & Co (NDLS) as of Q1 2024, down from 81 in Q4 2023.
- Funds reported $53.8M of Noodles & Co stock for Q1 2024, down 42% quarter-over-quarter.
- 12 funds opened new Noodles & Co positions in Q1 2024 and 15 closed out, a net change of -3 holders.
- The largest Noodles & Co buyer in Q1 2024 was Nantahala Capital Management, an estimated $705K added.
- The largest Noodles & Co seller in Q1 2024 was Kennedy Capital Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2024.