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Potbelly Corp

PBPBDelisted Oct 23, 2025
Industry
Retail-Eating Places
SEC CIK
0001195734

Potbelly Corp was delisted on Oct 23, 2025; its insiders filed their last Form 4 on Oct 27, 2025; 132 institutions reported holding it in 13F filings for Q3 2025, worth $440.6M in total; Soros Fund Management was the only superinvestor holding it.

13F holders, Q3 2021

Institutional positions in Potbelly Corp as of Sep 30, 2021. 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
64
−2 vs. Q2 2021
Shares held
14.7M
−98.1K (−0.7%) vs. Q2 2021
Total value
$99.9M
−$17.2M (−14.7%) vs. Q2 2021
New holders
8
13 more added
Sold out
10
25 more reduced

Compare with Q2 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PBPB 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 2021: 64 institutions
Q1 2021: 58 institutionsQ2 2021: 66 institutionsQ3 2021: 64 institutionsQ4 2021: 59 institutionsQ1 2022: 52 institutionsQ2 2022: 52 institutionsQ3 2022: 53 institutionsQ4 2022: 55 institutionsQ1 2023: 75 institutionsQ2 2023: 86 institutionsQ3 2023: 91 institutionsQ4 2023: 90 institutionsQ1 2024: 118 institutionsQ2 2024: 110 institutionsQ3 2024: 109 institutionsQ4 2024: 114 institutionsQ1 2025: 115 institutionsQ2 2025: 125 institutionsQ3 2025: 132 institutionsQ4 2025: 1 institutionQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ3 2021: $99.9M
Q1 2021: $85.7MQ2 2021: $117.1MQ3 2021: $99.9MQ4 2021: $85.2MQ1 2022: $103.6MQ2 2022: $88.2MQ3 2022: $68.2MQ4 2022: $83.3MQ1 2023: $140.8MQ2 2023: $162.1MQ3 2023: $140.9MQ4 2023: $195.7MQ1 2024: $254.1MQ2 2024: $167.6MQ3 2024: $175.7MQ4 2024: $208.7MQ1 2025: $208.9MQ2 2025: $287.3MQ3 2025: $440.6MQ4 2025: $16.3KQ1 2026: $0Q2 2026: $0
Institutions holding PBPB and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 20251$16.3K
Q3 2025132$440.6M
Q2 2025125$287.3M
Q1 2025115$208.9M
Q4 2024114$208.7M
Q3 2024109$175.7M
Q2 2024110$167.6M
Q1 2024118$254.1M
Q4 202390$195.7M
Q3 202391$140.9M
Q2 202386$162.1M
Q1 202375$140.8M
Q4 202255$83.3M
Q3 202253$68.2M
Q2 202252$88.2M
Q1 202252$103.6M
Q4 202159$85.2M
Q3 202164$99.9M
Q2 202166$117.1M
Q1 202158$85.7M

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q2 2021.

Institutions holding PBPB in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Archon Capital Management LLC2,146,124$14.6M3.07%+77,382+3.7%Added
Renaissance Technologies LLC1,675,554$11.4M0.01%−37,400−2.2%Reduced
Nierenberg Investment Management Company, Inc.1,541,027$10.4M8.12%+97,941+6.8%Added
Ancora Advisors, LLC1,415,395$9.60M0.25%−244,272−14.7%Reduced
Soviero Asset Management, LP1,250,000$8.47M1.69%−150,000−10.7%Reduced
Vanguard Group Inc958,715$6.50M0.00%+4,196+0.4%Added
Dimensional Fund Advisors LP794,828$5.39M0.00%−118,762−13.0%Reduced
Punch & Associates Investment Management, Inc.790,575$5.36M0.31%+527,760+200.8%Added
FMR LLC615,680$4.17M0.00%+145,250+30.9%Added
BlackRock Inc.499,097$3.38M0.00%−451−0.1%Reduced
Aj Wealth Strategies, LLC371,037$2.52M0.14%00.0%Unchanged
Heartland Advisors Inc350,000$2.37M0.14%00.0%Unchanged
Hotchkis & Wiley Capital Management LLC268,440$1.82M0.01%+268,440New
Geode Capital Management, LLC211,105$1.43M0.00%+2,499+1.2%Added
Victory Capital Management Inc198,150$1.34M0.00%−20,084−9.2%Reduced
Russell Investments Group, Ltd.197,312$1.34M0.00%−2,625−1.3%Reduced
Hudson Bay Capital Management LP131,757$893.0K0.01%−205,368−60.9%Reduced
Bridgeway Capital Management, LLC101,000$685.0K0.01%−20,000−16.5%Reduced
American Financial Group Inc100,000$678.0K0.18%00.0%Unchanged
D. E. Shaw & Co., Inc.99,520$675.0K0.00%−20,884−17.3%Reduced
State Street Corp97,876$664.0K0.00%−16,644−14.5%Reduced
Susquehanna International Group, LLP76,884$521.0K0.00%−11,871−13.4%Reduced
Arrowstreet Capital, Limited Partnership71,974$488.0K0.00%00.0%Unchanged
Fortis Advisors, LLC69,970$474.0K0.29%00.0%Unchanged
Millennium Management LLC58,009$393.0K0.00%−2,911−4.8%Reduced
Abacus Wealth Partners, LLC50,042$339.3K0.12%00.0%Unchanged
Boston Partners49,157$333.0K0.00%−1,694−3.3%Reduced
Invesco Ltd.43,494$295.0K0.00%+1,519+3.6%Added
Assenagon Asset Management S.A.41,651$282.0K0.00%−1,215−2.8%Reduced
Northern Trust Corp40,811$277.0K0.00%−1,076−2.6%Reduced
First Eagle Investment Management, LLC40,500$275.0K0.00%+35,700+743.8%Added
Orchard Capital Managment, LLC32,425$220.0K0.07%00.0%Unchanged
Citadel Advisors LLC31,830$215.0K0.00%−2,223−6.5%Reduced
Trexquant Investment LP31,043$210.0K0.02%−5,675−15.5%Reduced
Ameriprise Financial Inc29,900$203.0K0.00%+29,900New
Total Clarity Wealth Management, Inc.28,482$193.0K0.09%−14,025−33.0%Reduced
Morgan Stanley28,034$189.0K0.00%−27,838−49.8%Reduced
Gotham Asset Management, LLC18,189$188.0K0.01%+18,189New
Commonwealth Equity Services, LLC25,050$169.0K0.00%+600+2.5%Added
Advisory Research Inc21,723$147.0K0.01%−42,833−66.4%Reduced
Gofen & Glossberg LLC20,000$136.0K0.00%00.0%Unchanged
Stephens Inc17,723$120.0K0.00%00.0%Unchanged
Bank of New York Mellon Corp16,902$115.0K0.00%00.0%Unchanged
SEI Investments Co15,200$103.0K0.00%+15,200New
Occudo Quantitative Strategies LP10,727$73.0K0.01%−792−6.9%Reduced
Group One Trading, L.P.9,193$62.0K0.00%+500+5.8%Added
Simplex Trading, LLC7,612$59.0K0.00%00.0%Unchanged
Dorsey Wright & Associates6,210$42.0K0.01%+6,210New
Salem Investment Counselors Inc5,239$36.0K0.00%00.0%Unchanged
Barclays PLC4,484$30.0K0.00%+3,406+316.0%Added
Bank of America Corp2,621$18.0K0.00%+297+12.8%Added
UBS Group AG2,354$16.0K0.00%−2,066−46.7%Reduced
North Star Investment Management Corp.1,100$7.00K0.00%00.0%Unchanged
Firestone Capital Management900$7.00K0.00%00.0%Unchanged
IFP Advisors, Inc900$6.00K0.00%+900New
Advisor Group Holdings, Inc.710$5.00K0.00%00.0%Unchanged
Cutler Group LP500$3.00K0.00%00.0%Unchanged
Federated Hermes, Inc.264$2.00K0.00%+123+87.2%Added
Wells Fargo & Company136$1.00K0.00%−7−4.9%Reduced
Captrust Financial Advisors150$1.00K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)149$1.00K0.00%+149New
JPMorgan Chase & Co25$00.00%−1,493−98.4%Reduced
Parallel Advisors, LLC4$00.00%00.0%Unchanged
Walled Lake Planning & Wealth Management, LLC10$00.00%+10New
EAM Investors, LLC0$00.00%−179,160−100.0%Sold out
Manatuck Hill Partners, LLC0$00.00%−70,000−100.0%Sold out
Walleye Capital LLC0$00.00%−58,003−100.0%Sold out
Jump Financial, LLC0$00.00%−20,700−100.0%Sold out
Walleye Trading LLC0$00.00%−19,138−100.0%Sold out
Two Sigma Investments, LP0$00.00%−18,387−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−16,188−100.0%Sold out
Panagora Asset Management Inc0$00.00%−330−100.0%Sold out
Royal Bank of Canada0$00.00%−123−100.0%Sold out
Citigroup Inc0$00.00%−55−100.0%Sold out