Noodles NDLS Institutional Ownership

Updated Oct 11, 2026

NOODLES & Co (NASDAQ:NDLS) was reported as a holding by 38 institutional investors in 13F filings for the quarter ended June 30, 2026.

• Together they owned 37.94% of the outstanding stock in Q2 2026, up from 34.09% a quarter earlier.
• Total holdings of NDLS shares rose 12.53% from Q1 2026, and the holder count fell 9.52% from Q2 2025.
• Of the 38 holders of NDLS in Q2 2026, 21 added to their positions, 8 reduced their stakes and 9 left their positions unchanged.
• Altogether, institutional holders owned 2.25Mn NDLS shares at the end of Q2 2026, up 250.44K from the prior quarter and up 26.14K from a year earlier.
• Mill Road Capital Management LLC was the top holder of Noodles as of June 30, 2026, with 870.66K shares, or 14.69% of shares outstanding.
• Among holders that already owned Noodles, the biggest buyers in Q2 2026 were Citadel Advisors LLC (+42.23K shares), Jane Street Group, LLC (+29.58K shares), Renaissance Technologies LLC (+22.13K shares), BlackRock, Inc. (+13.34K shares) and Vanguard Fiduciary Trust Co (+3.68K shares).
• The largest position reductions in NDLS for Q2 2026 were by Vanguard Capital Management LLC (-12.14K shares), Geode Capital Management, LLC (-4.67K shares), JPMorgan Chase & Co (-2.4K shares), Group One Trading LLC (-1.26K shares) and UBS Group AG (-812 shares).
• Noodles' 10 largest institutional shareholders as of Q2 2026 were Mill Road Capital Management LLC (870.66K shares), Nantahala Capital Management, LLC (553.75K shares), Vanguard Capital Management LLC (218.59K shares), Jane Street Group, LLC (91.3K shares), BlackRock, Inc. (75.59K shares), Citadel Advisors LLC (62.4K shares), Goldman Sachs Group Inc (55.95K shares), Assenagon Asset Management S.A. (55.19K shares), Geode Capital Management, LLC (50.15K shares) and Renaissance Technologies LLC (35.48K shares), per Business Quant data.