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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, Q4 2025

Institutional positions in NOODLES & Co as of Dec 31, 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
43
+2 vs. Q3 2025
Shares held
15.8M
−1.60M (−9.2%) vs. Q3 2025
Total value
$11.1M
+$96.7K (+0.9%) vs. Q3 2025
New holders
9
12 more added
Sold out
7
9 more reduced

Compare with Q3 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 holdersQ4 2025: 43 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 heldQ4 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, Q4 2025

Shares, value and share of portfolio for each institution holding NOODLES & Co; share changes are against Q3 2025.

Institutions holding NDLS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mill Road Capital Management LLC6,965,291$4.92M2.92%00.0%Unchanged
Nantahala Capital Management, LLC4,124,708$2.91M0.17%−380,781−8.5%Reduced
Vanguard Group Inc2,115,793$1.49M0.00%00.0%Unchanged
BlackRock, Inc.498,080$351.6K0.00%−14,973−2.9%Reduced
Geode Capital Management, LLC389,421$275.0K0.00%+27,384+7.6%Added
Citadel Advisors LLC243,012$171.6K0.00%+243,012New
Jane Street Group, LLC206,184$145.6K0.00%+206,184New
State Street Corp181,963$128.5K0.00%+43,211+31.1%Added
Northern Trust Corp133,668$94.4K0.00%+70,482+111.5%Added
UBS Group AG98,894$69.8K0.00%+42,882+76.6%Added
Creative Planning96,710$68.3K0.00%−110,000−53.2%Reduced
XTX Topco Ltd94,746$66.9K0.00%+65,907+228.5%Added
Renaissance Technologies LLC93,500$66.0K0.00%+24,600+35.7%Added
Bridgeway Capital Management, LLC73,152$51.6K0.00%00.0%Unchanged
Barclays PLC58,169$41.1K0.00%00.0%Unchanged
Assenagon Asset Management S.A.44,630$31.5K0.00%+24,065+117.0%Added
Virtu Financial LLC40,352$28.0K0.00%+40,352New
Gsa Capital Partners LLP37,702$27.0K0.00%+37,702New
Crescent Grove Advisors, LLC35,085$24.8K0.00%00.0%Unchanged
Quinn Opportunity Partners LLC35,000$24.7K0.00%00.0%Unchanged
Lotus Technology Management, LP34,433$24.3K0.01%+34,433New
Millennium Management LLC32,181$22.7K0.00%−95,907−74.9%Reduced
Goldman Sachs Group Inc25,339$17.9K0.00%−100,525−79.9%Reduced
Capstone Financial Advisors, Inc.25,000$17.6K0.00%00.0%Unchanged
Morgan Stanley22,438$15.8K0.00%00.0%Unchanged
Simplex Trading, LLC20,781$14.7K0.00%+3,508+20.3%Added
Bank of America Corp17,164$12.1K0.00%+10+0.1%Added
Group One Trading, L.P.16,489$11.6K0.00%+12,550+318.6%Added
Two Sigma Investments, LP13,900$9.81K0.00%+13,900New
SRS Capital Advisors, Inc.6,154$4.34K0.00%+1,806+41.5%Added
The PNC Financial Services Group, Inc.4,761$3.36K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)4,175$2.95K0.00%−6,150−59.6%Reduced
Truvestments Capital LLC575$4060.00%+575New
Hilton Head Capital Partners, LLC500$3530.00%+500New
Jones Financial Companies LLLP408$2880.00%00.0%Unchanged
BNP Paribas Arbitrage, SA389$2750.00%00.0%Unchanged
SBI Securities Co., Ltd.280$1980.00%+2+0.7%Added
Wolff Wiese Magana LLC145$1030.00%00.0%Unchanged
Financial Consulate, Inc30$220.00%00.0%Unchanged
JPMorgan Chase & Co30$210.00%−800−96.4%Reduced
Advisor Group Holdings, Inc.20$140.00%−1,050−98.1%Reduced
Citigroup Inc1$10.00%+1New
Royal Bank of Canada249$00.00%−3,085−92.5%Reduced
FMR LLC0$00.00%−1,640,214−100.0%Sold out
Invesco Ltd.0$00.00%−39,291−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−33,168−100.0%Sold out
US Bancorp0$00.00%−29,000−100.0%Sold out
HSBC Holdings PLC0$00.00%−23,403−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−11,180−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−145−100.0%Sold out