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NOODLES & Co

NDLS
Exchange
Nasdaq
Industry
Retail-Eating Places
SEC CIK
0001275158

No open-market purchases or sales by NOODLES & Co insiders were filed in the last 90 days; 38 institutions reported holding it in 13F filings for Q2 2026, worth $33.6M in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in NOODLES & Co as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
41
−3 vs. Q2 2025
Shares held
17.4M
−552.7K (−3.1%) vs. Q2 2025
Total value
$11.1M
−$1.74M (−13.6%) vs. Q2 2025
New holders
3
5 more added
Sold out
6
15 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NDLS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 41 institutions
Q1 2021: 94 institutionsQ2 2021: 104 institutionsQ3 2021: 108 institutionsQ4 2021: 110 institutionsQ1 2022: 103 institutionsQ2 2022: 102 institutionsQ3 2022: 103 institutionsQ4 2022: 103 institutionsQ1 2023: 107 institutionsQ2 2023: 96 institutionsQ3 2023: 75 institutionsQ4 2023: 82 institutionsQ1 2024: 78 institutionsQ2 2024: 76 institutionsQ3 2024: 56 institutionsQ4 2024: 47 institutionsQ1 2025: 47 institutionsQ2 2025: 44 institutionsQ3 2025: 41 institutionsQ4 2025: 43 institutionsQ1 2026: 32 institutionsQ2 2026: 38 institutions
Value heldQ3 2025: $11.1M
Q1 2021: $400.7MQ2 2021: $489.3MQ3 2021: $449.8MQ4 2021: $352.1MQ1 2022: $228.5MQ2 2022: $178.0MQ3 2022: $166.7MQ4 2022: $195.6MQ1 2023: $177.1MQ2 2023: $114.3MQ3 2023: $73.4MQ4 2023: $92.9MQ1 2024: $53.8MQ2 2024: $37.3MQ3 2024: $25.8MQ4 2024: $11.4MQ1 2025: $21.3MQ2 2025: $12.8MQ3 2025: $11.1MQ4 2025: $11.1MQ1 2026: $17.1MQ2 2026: $33.6M
Institutions holding NDLS and their total value by quarter
QuarterHoldersValue
Q2 202638$33.6M
Q1 202632$17.1M
Q4 202543$11.1M
Q3 202541$11.1M
Q2 202544$12.8M
Q1 202547$21.3M
Q4 202447$11.4M
Q3 202456$25.8M
Q2 202476$37.3M
Q1 202478$53.8M
Q4 202382$92.9M
Q3 202375$73.4M
Q2 202396$114.3M
Q1 2023107$177.1M
Q4 2022103$195.6M
Q3 2022103$166.7M
Q2 2022102$178.0M
Q1 2022103$228.5M
Q4 2021110$352.1M
Q3 2021108$449.8M
Q2 2021104$489.3M
Q1 202194$400.7M

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding NOODLES & Co; share changes are against Q2 2025.

Institutions holding NDLS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mill Road Capital Management LLC6,965,291$4.43M2.31%00.0%Unchanged
Nantahala Capital Management, LLC4,505,489$2.86M0.18%00.0%Unchanged
Vanguard Group Inc2,115,793$1.35M0.00%00.0%Unchanged
FMR LLC1,640,214$1.04M0.00%−75,065−4.4%Reduced
BlackRock, Inc.513,053$326.1K0.00%−6,184−1.2%Reduced
Geode Capital Management, LLC362,037$230.2K0.00%00.0%Unchanged
Creative Planning206,710$131.4K0.00%00.0%Unchanged
State Street Corp138,752$88.2K0.00%00.0%Unchanged
Millennium Management LLC128,088$81.4K0.00%−55,207−30.1%Reduced
Goldman Sachs Group Inc125,864$80.0K0.00%+43,094+52.1%Added
Bridgeway Capital Management, LLC73,152$46.5K0.00%00.0%Unchanged
Renaissance Technologies LLC68,900$43.8K0.00%−124,452−64.4%Reduced
Northern Trust Corp63,186$40.2K0.00%00.0%Unchanged
Barclays PLC58,169$37.0K0.00%00.0%Unchanged
UBS Group AG56,012$35.6K0.00%+54,776+4,431.7%Added
Invesco Ltd.39,291$25.0K0.00%−40,316−50.6%Reduced
Crescent Grove Advisors, LLC35,085$22.3K0.00%00.0%Unchanged
Quinn Opportunity Partners LLC35,000$22.2K0.00%00.0%Unchanged
Susquehanna International Group, LLP33,168$21.1K0.00%+33,168New
US Bancorp29,000$18.4K0.00%00.0%Unchanged
XTX Topco Ltd28,839$18.3K0.00%+1,816+6.7%Added
Capstone Financial Advisors, Inc.25,000$15.9K0.00%00.0%Unchanged
HSBC Holdings PLC23,403$15.0K0.00%−3,013−11.4%Reduced
Morgan Stanley22,438$14.3K0.00%−14,005−38.4%Reduced
Assenagon Asset Management S.A.20,565$13.1K0.00%−4,557−18.1%Reduced
Bank of America Corp17,154$10.9K0.00%−3,003−14.9%Reduced
Simplex Trading, LLC17,273$10.0K0.00%−517−2.9%Reduced
Two Sigma Securities, LLC11,180$7.11K0.00%−2,253−16.8%Reduced
Tower Research Capital LLC (TRC)10,325$6.56K0.00%−6,470−38.5%Reduced
The PNC Financial Services Group, Inc.4,761$3.03K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.4,348$2.76K0.00%+2,174+100.0%Added
Group One Trading, L.P.3,939$2.50K0.00%+3,939New
Royal Bank of Canada3,334$2.00K0.00%+1,150+52.7%Added
Advisor Group Holdings, Inc.1,070$7590.00%−100−8.5%Reduced
JPMorgan Chase & Co830$5280.00%00.0%Unchanged
Jones Financial Companies LLLP408$2530.00%00.0%Unchanged
BNP Paribas Arbitrage, SA389$2470.00%−7−1.8%Reduced
SBI Securities Co., Ltd.278$1770.00%−5−1.8%Reduced
Wolff Wiese Magana LLC145$930.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co145$920.00%00.0%Unchanged
Financial Consulate, Inc30$200.00%+30New
Arrowstreet Capital, Limited Partnership0$00.00%−137,960−100.0%Sold out
Citadel Advisors LLC0$00.00%−124,091−100.0%Sold out
Archon Capital Management LLC0$00.00%−45,191−100.0%Sold out
Jane Street Group, LLC0$00.00%−33,096−100.0%Sold out
Virtu Financial LLC0$00.00%−15,023−100.0%Sold out
Raymond James Financial Inc0$00.00%−2,300−100.0%Sold out