Noodles & Company
Hedge Funds Holdings

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Noodles & Company‘s stocks are currently a part of 100 hedge funds’ portfolios, which represents 77.09% of the total amount of its stocks outstanding. This makes up a total of 35.61M shares of Noodles & Company. Compared to the previous quarter, the number grew by 0.45% or 159.11K shares more. As for the holding position changes, 42% (42) of current hedge fund investors increased the number of shares held, 29% (29) of current holders sold a part of the shares held, and 10% (10) closed the holdings completely. 12 hedge funds are new holders of Noodles & Company stock in Q4 2022, it is 12% of total holders.

Hedge funds holding Noodles & Company (Q1 2018 – Q4 2022)

Number of hedge funds
Q1 2018 66
Q2 2018 84
Q3 2018 101
Q4 2018 111
Q1 2019 98
Q2 2019 91
Q3 2019 91
Q4 2019 91
Q1 2020 88
Q2 2020 83
Q3 2020 88
Q4 2020 91
Q1 2021 92
Q2 2021 101
Q3 2021 106
Q4 2021 107
Q1 2022 98
Q2 2022 98
Q3 2022 99
Q4 2022 100

Hedge funds changes in Noodles & Company positions (Q1 2018 – Q4 2022)

Changes in positions
Q1 2018 11142588
Q2 2018 283011105
Q3 2018 32401814-3
Q4 2018 26412916-1
Q1 2019 13313425-5
Q2 2019 16382419-6
Q3 2019 153325144
Q4 2019 16372815-5
Q1 2020 15303417-8
Q2 2020 14352218-6
Q3 2020 14313292
Q4 2020 10383391
Q1 2021 143531120
Q2 2021 18363791
Q3 2021 133341811
Q4 2021 19452916-2
Q1 2022 13403322-10
Q2 2022 143040113
Q3 2022 113636106
Q4 2022 124229107

Hedge funds changes in Noodles & Company stock options (Q1 2018 – Q4 2022)

Changes in stock options
Q1 2018 958,000 385,000
Q2 2018 10,212,000 2,279,000
Q3 2018 3,004,000 936,000
Q4 2018 1,452,000 8,486,000
Q1 2019 1,400,000 7,330,000
Q2 2019 191,000 356,000
Q3 2019 483,000 16,000
Q4 2019 1,097,000 144,000
Q1 2020 974,000 57,000
Q2 2020 4,487,000 25,000
Q3 2020 3,926,000 0
Q4 2020 2,221,000 302,000
Q1 2021 15,968,000 291,000
Q2 2021 17,079,000 873,000
Q3 2021 2,788,000 679,000
Q4 2021 4,321,000 48,000
Q1 2022 2,785,000 64,000
Q2 2022 5,597,000 0
Q3 2022 359,000 0
Q4 2022 899,617 44,528

Top 50 hedge fund holders of Noodles & Company (NASDAQ:NDLS)

Hedge fund Value Shares owned Portfolio share
FMR LLC 26.95M 5.73M 0.003%
MILL ROAD CAPITAL MANAGEMENT LLC 26.27M 5.59M 12.545%
WOODSON CAPITAL MANAGEMENT, LP 12.64M 2.69M 2.021%
BLACKROCK INC. Larry Fink 11.28M 2.40M 0.000%
VANGUARD GROUP INC 9.21M 1.96M 0.000%
ROYCE & ASSOCIATES LP 6.61M 1.40M 0.075%
WASATCH ADVISORS LP 5.71M 1.21M 0.040%
EMERALD ADVISERS, LLC 5.38M 1.14M 0.278%
KENNEDY CAPITAL MANAGEMENT LLC 4.94M 1.05M 0.145%
EMERALD MUTUAL FUND ADVISERS TRUST 4.65M 990.28K 0.294%
SILVERCREST ASSET MANAGEMENT GROUP LLC 4.63M 986.49K 0.038%
PROSPECTOR PARTNERS LLC 3.84M 816.93K 0.572%
GEODE CAPITAL MANAGEMENT, LLC 3.34M 712.59K 0.001%
RIP ROAD CAPITAL PARTNERS LP 3.07M 654.42K 4.059%
AWM INVESTMENT COMPANY, INC. 3.06M 652.80K 0.467%
STATE STREET CORP 3.05M 650.59K 0.000%
DIMENSIONAL FUND ADVISORS LP 2.80M 597.73K 0.001%
D. E. SHAW & CO., INC. David E. Shaw 2.16M 460.28K 0.003%
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 2.15M 457.5K 0.150%
GW&K INVESTMENT MANAGEMENT, LLC 1.77M 377.94K 0.020%
NORTHERN TRUST CORP 1.55M 331.24K 0.000%
AQR CAPITAL MANAGEMENT LLC Cliff Asness 1.43M 304.24K 0.004%
FIRST EAGLE INVESTMENT MANAGEMENT, LLC 1.25M 267.21K 0.004%
MILLRACE ASSET GROUP, INC. 1.14M 243.81K 1.447%
NUVEEN ASSET MANAGEMENT, LLC 1.13M 241.14K 0.001%
TWO SIGMA ADVISERS, LP 1.11M 237K 0.003%
GSA CAPITAL PARTNERS LLP 1.06M 227.40K 0.142%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 983K 209.08K 0.001%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 940K 199.95K 0.001%
GOLDMAN SACHS GROUP INC 752K 159.97K 0.000%
VICTORY CAPITAL MANAGEMENT INC 628K 133.64K 0.001%
THOMPSON INVESTMENT MANAGEMENT, INC. 622K 132.28K 0.121%
STATE OF WISCONSIN INVESTMENT BOARD 621K 132.07K 0.002%
SPOUTING ROCK ASSET MANAGEMENT, LLC 615K 130.93K 0.473%
BANK OF NEW YORK MELLON CORP 587K 125.03K 0.000%
TWO SIGMA INVESTMENTS, LP John Overdeck 571K 121.38K 0.002%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 499K 106.12K 0.000%
MORGAN STANLEY 496K 105.64K 0.000%
CITADEL ADVISORS LLC Ken Griffin 495K 105.30K 0.000%
CREATIVE PLANNING 371K 79.03K 0.001%
JPMORGAN CHASE & CO 363K 77.24K 0.000%
BRIDGEWAY CAPITAL MANAGEMENT, LLC 353K 75K 0.009%
SOVIERO ASSET MANAGEMENT, LP 308K 65.48K 0.114%
INVESCO LTD. 274K 58.33K 0.000%
LOS ANGELES CAPITAL MANAGEMENT LLC 274K 58.40K 0.001%
TOWNSQUARE CAPITAL LLC 260K 55.48K 0.007%
MILLENNIUM MANAGEMENT LLC Israel Englander 248K 52.73K 0.000%
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 237K 50.50K 0.004%
RHUMBLINE ADVISERS 232K 49.41K 0.000%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 210K 44.6K 0.000%