Noodles & Co
NDLS
56 hedge funds and large institutions have $25.8M invested in Noodles & Co in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 20 reducing their positions, and 23 closing their positions.
1,700% more call options, than puts
Call options by funds: $18K | Put options by funds: $1K
0.62% less ownership
Funds ownership: 6.5% → 5.89% (-0.62%)
26% less funds holding
Funds holding: 76 → 56 (-20)
31% less capital invested
Capital invested by funds: $37.3M → $25.8M (-$11.5M)
50% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 20
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$303K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$278K |
| 3 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$244K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$91K |
| 5 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
+$59.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.02M |
| 2 |
RA
Royce & Associates
New York
|
-$403K |
| 3 |
Goldman Sachs
New York
|
-$322K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$313K |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$268K |
NDLS Hedge Fund Activity: Q3 2024 in Review
56 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q3 2024, worth a combined $25.8M — down 31% from $37.3M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NDLS and 3 opened new positions — a net loss of 20 holders — while 20 trimmed existing stakes and 10 added.
The largest buyer was Nantahala Capital Management, adding an estimated $303K. The largest seller was Fuller & Thaler Asset Management, exiting entirely with an estimated $1.02M sold.
- 56 institutional investors held Noodles & Co (NDLS) as of Q3 2024, down from 76 in Q2 2024.
- Funds reported $25.8M of Noodles & Co stock for Q3 2024, down 31% quarter-over-quarter.
- 3 funds opened new Noodles & Co positions in Q3 2024 and 23 closed out, a net change of -20 holders.
- The largest Noodles & Co buyer in Q3 2024 was Nantahala Capital Management, an estimated $303K added.
- The largest Noodles & Co seller in Q3 2024 was Fuller & Thaler Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q3 2024.