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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, Q4 2021

Institutional positions in Potbelly Corp as of Dec 31, 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
59
−5 vs. Q3 2021
Shares held
15.3M
+547.0K (+3.7%) vs. Q3 2021
Total value
$85.2M
−$14.7M (−14.7%) vs. Q3 2021
New holders
5
21 more added
Sold out
10
14 more reduced

Compare with Q3 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 holdersQ4 2021: 59 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 heldQ4 2021: $85.2M
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, Q4 2021

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q3 2021.

Institutions holding PBPB in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Archon Capital Management LLC2,320,638$12.9M2.91%+174,514+8.1%Added
Nierenberg Investment Management Company, Inc.2,136,254$11.9M9.84%+595,227+38.6%Added
Renaissance Technologies LLC1,609,254$8.98M0.01%−66,300−4.0%Reduced
Ancora Advisors, LLC1,422,380$7.94M0.19%+6,985+0.5%Added
Soviero Asset Management, LP1,280,000$7.14M1.68%+30,000+2.4%Added
Punch & Associates Investment Management, Inc.1,148,551$6.41M0.34%+357,976+45.3%Added
Vanguard Group Inc957,388$5.34M0.00%−1,327−0.1%Reduced
Dimensional Fund Advisors LP658,822$3.68M0.00%−136,006−17.1%Reduced
BlackRock Inc.502,373$2.80M0.00%+3,276+0.7%Added
Heartland Advisors Inc440,000$2.46M0.14%+90,000+25.7%Added
Aj Wealth Strategies, LLC371,197$2.07M0.10%+1600.0%Added
Hotchkis & Wiley Capital Management LLC316,830$1.77M0.01%+48,390+18.0%Added
Victory Capital Management Inc225,000$1.26M0.00%+26,850+13.6%Added
Geode Capital Management, LLC211,105$1.18M0.00%00.0%Unchanged
Russell Investments Group, Ltd.204,128$1.14M0.00%+6,816+3.5%Added
Hudson Bay Capital Management LP131,757$735.0K0.01%00.0%Unchanged
Susquehanna International Group, LLP122,900$686.0K0.00%+46,016+59.9%Added
Bridgeway Capital Management, LLC113,600$634.0K0.01%+12,600+12.5%Added
American Financial Group Inc100,000$558.0K0.15%00.0%Unchanged
D. E. Shaw & Co., Inc.98,369$549.0K0.00%−1,151−1.2%Reduced
State Street Corp97,876$546.0K0.00%00.0%Unchanged
First Eagle Investment Management, LLC95,110$531.0K0.00%+54,610+134.8%Added
Jacobs Levy Equity Management, Inc93,411$521.0K0.00%+93,411New
Fortis Advisors, LLC69,970$390.0K0.23%00.0%Unchanged
Arrowstreet Capital, Limited Partnership60,485$338.0K0.00%−11,489−16.0%Reduced
Boston Partners55,973$312.0K0.00%+6,816+13.9%Added
Abacus Wealth Partners, LLC50,042$279.2K0.10%00.0%Unchanged
Ameriprise Financial Inc48,200$269.0K0.00%+18,300+61.2%Added
Invesco Ltd.40,850$228.0K0.00%−2,644−6.1%Reduced
Northern Trust Corp40,811$228.0K0.00%00.0%Unchanged
Assenagon Asset Management S.A.39,216$219.0K0.00%−2,435−5.8%Reduced
Orchard Capital Managment, LLC32,425$181.0K0.05%00.0%Unchanged
Stephens Inc25,185$141.0K0.00%+7,462+42.1%Added
Commonwealth Equity Services, LLC25,050$139.0K0.00%00.0%Unchanged
Gofen & Glossberg LLC20,000$112.0K0.00%00.0%Unchanged
Bank of New York Mellon Corp16,902$94.0K0.00%00.0%Unchanged
SEI Investments Co15,200$85.0K0.00%00.0%Unchanged
Truist Financial Corp12,970$72.0K0.00%+12,970New
Millennium Management LLC10,892$61.0K0.00%−47,117−81.2%Reduced
Occudo Quantitative Strategies LP10,899$61.0K0.01%+172+1.6%Added
Morgan Stanley8,463$47.0K0.00%−19,571−69.8%Reduced
Group One Trading, L.P.8,167$46.0K0.00%−1,026−11.2%Reduced
Tower Research Capital LLC (TRC)6,938$39.0K0.00%+6,789+4,556.4%Added
Salem Investment Counselors Inc5,239$29.0K0.00%00.0%Unchanged
UBS Group AG2,867$16.0K0.00%+513+21.8%Added
Bank of America Corp2,314$13.0K0.00%−307−11.7%Reduced
Aquatic Capital Management LLC2,100$12.0K0.02%+2,100New
North Star Investment Management Corp.1,000$6.00K0.00%−100−9.1%Reduced
Simplex Trading, LLC1,020$5.00K0.00%−6,592−86.6%Reduced
IFP Advisors, Inc900$5.00K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.710$4.00K0.00%00.0%Unchanged
Federated Hermes, Inc.264$1.00K0.00%00.0%Unchanged
Wells Fargo & Company139$1.00K0.00%+3+2.2%Added
Captrust Financial Advisors150$1.00K0.00%00.0%Unchanged
Royal Bank of Canada169$1.00K0.00%+169New
FMR LLC4$00.00%−615,676−100.0%Reduced
JPMorgan Chase & Co25$00.00%00.0%Unchanged
Parallel Advisors, LLC4$00.00%00.0%Unchanged
Ellevest, Inc.35$00.00%+35New
Citadel Advisors LLC0$00.00%−31,830−100.0%Sold out
Trexquant Investment LP0$00.00%−31,043−100.0%Sold out
Total Clarity Wealth Management, Inc.0$00.00%−28,482−100.0%Sold out
Gotham Asset Management, LLC0$00.00%−18,189−100.0%Sold out
Advisory Research Inc0$00.00%−21,723−100.0%Sold out
Dorsey Wright & Associates0$00.00%−6,210−100.0%Sold out
Barclays PLC0$00.00%−4,484−100.0%Sold out
Firestone Capital Management0$00.00%−900−100.0%Sold out
Cutler Group LP0$00.00%−500−100.0%Sold out
Walled Lake Planning & Wealth Management, LLC0$00.00%−10−100.0%Sold out