# NOODLES & CO (NDLS)

> Institutional ownership reported to the SEC as of Q2 2026, from Form 13F filings. Source: https://holderbook.com/stocks/NDLS/

- Reporting holders: 38
- Reported value: $44.0M
- Shares held by institutions: 2,942,748 of 5,966,660 outstanding
- Held through calls: 0.0%
- Held through puts: 0.0%

A 13F reports long US equity positions only. Shorts, bonds, foreign listings and cash are not visible here, and positions are disclosed up to 45 days after the quarter ends.

## Largest holders

| Manager | Value | Shares | Share of their book | Quarters held |
|---|---|---|---|---|
| [Nantahala Capital Management, LLC](https://holderbook.com/funds/1472322-nantahala-capital-management-llc/) | $16.6M | 1,107,492 | 0.3% | 2 |
| [Mill Road Capital Management LLC](https://holderbook.com/funds/1512275-mill-road-capital-management-llc/) | $13.0M | 870,660 | 6.4% | 27 |
| [VANGUARD CAPITAL MANAGEMENT LLC](https://holderbook.com/funds/2100119-vanguard-capital-management-llc/) | $3.3M | 218,589 | 0.0% | 2 |
| [CITADEL ADVISORS LLC](https://holderbook.com/funds/1423053-citadel-advisors-llc/) | $1.9M | 124,794 | 0.0% | 2 |
| [Assenagon Asset Management S.A.](https://holderbook.com/funds/1546007-assenagon-asset-management-s-a/) | $1.7M | 110,382 | 0.0% | 1 |
| [JANE STREET GROUP, LLC](https://holderbook.com/funds/1595888-jane-street-group-llc/) | $1.4M | 91,296 | 0.0% | 2 |
| [BlackRock, Inc.](https://holderbook.com/funds/2012383-blackrock-inc/) | $1.1M | 75,595 | 0.0% | 2 |
| [GOLDMAN SACHS GROUP INC](https://holderbook.com/funds/886982-goldman-sachs-group-inc/) | $836.4K | 55,949 | 0.0% | 1 |
| [GEODE CAPITAL MANAGEMENT, LLC](https://holderbook.com/funds/1214717-geode-capital-management-llc/) | $749.9K | 50,145 | 0.0% | 2 |
| [STATE STREET CORP](https://holderbook.com/funds/93751-state-street-corp/) | $680.0K | 45,486 | 0.0% | 2 |
| [RENAISSANCE TECHNOLOGIES LLC](https://holderbook.com/funds/1037389-renaissance-technologies-llc/) | $530.4K | 35,480 | 0.0% | 2 |
| [VANGUARD FIDUCIARY TRUST CO](https://holderbook.com/funds/933478-vanguard-fiduciary-trust-co/) | $430.6K | 28,805 | 0.0% | 2 |
| [Centiva Capital, LP](https://holderbook.com/funds/1692507-centiva-capital-lp/) | $408.1K | 27,297 | 0.0% | 2 |
| [Quadrature Capital Ltd](https://holderbook.com/funds/1651424-quadrature-capital-ltd/) | $297.3K | 19,889 | 0.0% | 2 |
| [TWO SIGMA INVESTMENTS, LP](https://holderbook.com/funds/1179392-two-sigma-investments-lp/) | $268.9K | 17,984 | 0.0% | 1 |
| [Quinn Opportunity Partners LLC](https://holderbook.com/funds/1633275-quinn-opportunity-partners-llc/) | $226.1K | 15,125 | 0.0% | 1 |
| [XTX Topco Ltd](https://holderbook.com/funds/1828301-xtx-topco-ltd/) | $180.0K | 12,043 | 0.0% | 1 |
| [Virtu Financial LLC](https://holderbook.com/funds/1533964-virtu-financial-llc/) | $171.0K | 11,442 | 0.0% | 1 |
| [NORTHERN TRUST CORP](https://holderbook.com/funds/73124-northern-trust-corp/) | $153.5K | 10,267 | 0.0% | 1 |
| [BARCLAYS PLC](https://holderbook.com/funds/312069-barclays-plc/) | $109.1K | 7,296 | 0.0% | 2 |
| [MORGAN STANLEY](https://holderbook.com/funds/895421-morgan-stanley/) | $41.0K | 2,745 | 0.0% | 2 |
| [Vanguard Global Advisers, LLC](https://holderbook.com/funds/1811242-vanguard-global-advisers-llc/) | $23.7K | 1,584 | 0.0% | 2 |
| [PNC Financial Services Group, Inc.](https://holderbook.com/funds/713676-pnc-financial-services-group-inc/) | $8.9K | 596 | 0.0% | 2 |
| [Arax Advisory Partners](https://holderbook.com/funds/1586767-arax-advisory-partners/) | $8.1K | 542 | 0.0% | 2 |
| [JONES FINANCIAL COMPANIES LLLP](https://holderbook.com/funds/815917-jones-financial-companies-lllp/) | $5.8K | 369 | 0.0% | 2 |

## Quarter by quarter

| Quarter | Holders | Reported value |
|---|---|---|
| Q2 2026 | 38 | $44.0M |
| Q1 2026 | 31 | $17.1M |
| Q4 2025 | 42 | $11.2M |
| Q3 2025 | 41 | $11.1M |
| Q2 2025 | 44 | $12.9M |
| Q1 2025 | 48 | $21.3M |
| Q4 2024 | 45 | $11.4M |
| Q3 2024 | 55 | $25.8M |
| Q2 2024 | 74 | $44.1M |
| Q1 2024 | 79 | $54.6M |
| Q4 2023 | 85 | $106.1M |
| Q3 2023 | 76 | $74.0M |