NOODLES & Co (NDLS) Institutional Ownership

Ownership Summary

NOODLES & Co (NASDAQ:NDLS) has 44 institutional investors that have filed 13F reports for the period ending December 2025.

• These investors held 4.3% of outstanding shares in December 2025, down from 4.7% in September 2025.
• They increased total shares held in Noodles by 1.54% from the prior quarter, while the number of investors in NDLS decreased 8.33% year over year.
• Of these 44 holders, 21 added to their stakes in Noodles, 10 trimmed positions, and 13 made no changes.
• Combined, these investors held 1.98Mn shares in NDLS for December 2025, up by 30.04K shares quarter on quarter, and down 485.68K shares year over year.
• Mill Road Capital Management LLC is the top holder of Noodles as of December 31, 2025, with 870.66K shares representing 1.87% of outstanding stock.
• The biggest buyers of Noodles for the quarter ending December 2025 included CITADEL ADVISORS LLC (30.38K), JANE STREET GROUP, LLC (25.77K), XTX Topco Ltd (11.84K), Northern Trust Corp (8.81K), NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO (6.21K).
• Top sellers of NDLS stock for the quarter ending December 2025 included Nantahala Capital Management, LLC (47.6K), Creative Planning (13.75K), Goldman Sachs Group Inc (12.57K), MILLENNIUM MANAGEMENT LLC (11.99K), Bank Of America Corp /De/ (2.14K).
• According to Business Quant data, leading holders of NDLS for December 2025 are Mill Road Capital Management LLC (870.66K), Nantahala Capital Management, LLC (515.59K), VANGUARD GROUP INC (264.47K), BlackRock, Inc. (62.26K), GEODE CAPITAL MANAGEMENT, LLC (48.68K), CITADEL ADVISORS LLC (30.38K), JANE STREET GROUP, LLC (25.77K), State Street Corp (22.75K), Northern Trust Corp (16.71K), UBS Group AG (12.36K).