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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, Q1 2022

Institutional positions in Potbelly Corp as of Mar 31, 2022. 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
52
−7 vs. Q4 2021
Shares held
15.5M
+195.7K (+1.3%) vs. Q4 2021
Total value
$103.6M
+$18.4M (+21.6%) vs. Q4 2021
New holders
2
15 more added
Sold out
9
16 more reduced

Compare with Q4 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 holdersQ1 2022: 52 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 heldQ1 2022: $103.6M
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, Q1 2022

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q4 2021.

Institutions holding PBPB in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Nierenberg Investment Management Company, Inc.2,338,208$15.7M11.07%+201,954+9.5%Added
Archon Capital Management LLC2,325,509$15.6M4.03%+4,871+0.2%Added
Renaissance Technologies LLC1,564,654$10.5M0.01%−44,600−2.8%Reduced
Ancora Advisors, LLC1,391,127$9.32M0.23%−31,253−2.2%Reduced
Soviero Asset Management, LP1,284,124$8.60M2.17%+4,124+0.3%Added
Punch & Associates Investment Management, Inc.1,237,395$8.29M0.47%+88,844+7.7%Added
Vanguard Group Inc999,846$6.70M0.00%+42,458+4.4%Added
Dimensional Fund Advisors LP571,141$3.83M0.00%−87,681−13.3%Reduced
Heartland Advisors Inc545,256$3.65M0.23%+105,256+23.9%Added
BlackRock Inc.502,161$3.36M0.00%−2120.0%Reduced
Hotchkis & Wiley Capital Management LLC377,900$2.53M0.01%+61,070+19.3%Added
Aj Wealth Strategies, LLC371,197$2.49M0.12%00.0%Unchanged
Victory Capital Management Inc216,100$1.45M0.00%−8,900−4.0%Reduced
Geode Capital Management, LLC212,570$1.42M0.00%+1,465+0.7%Added
First Eagle Investment Management, LLC192,184$1.29M0.00%+97,074+102.1%Added
Russell Investments Group, Ltd.188,576$1.26M0.00%−15,552−7.6%Reduced
Hudson Bay Capital Management LP131,757$883.0K0.01%00.0%Unchanged
Susquehanna International Group, LLP122,327$820.0K0.00%−573−0.5%Reduced
Bridgeway Capital Management, LLC113,600$761.0K0.01%00.0%Unchanged
State Street Corp102,728$688.0K0.00%+4,852+5.0%Added
American Financial Group Inc100,000$670.0K0.20%00.0%Unchanged
D. E. Shaw & Co., Inc.97,688$655.0K0.00%−681−0.7%Reduced
Fortis Advisors, LLC69,970$469.0K0.26%00.0%Unchanged
Boston Partners55,973$375.0K0.00%00.0%Unchanged
Ameriprise Financial Inc48,200$323.0K0.00%00.0%Unchanged
Assenagon Asset Management S.A.39,216$263.0K0.00%00.0%Unchanged
Northern Trust Corp39,025$261.0K0.00%−1,786−4.4%Reduced
Advisory Research Inc36,608$245.0K0.02%+36,608New
Orchard Capital Managment, LLC32,425$217.0K0.06%00.0%Unchanged
Stephens Inc25,185$169.0K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC24,550$164.0K0.00%−500−2.0%Reduced
Gofen & Glossberg LLC20,000$134.0K0.00%00.0%Unchanged
SEI Investments Co18,400$123.0K0.00%+3,200+21.1%Added
Arrowstreet Capital, Limited Partnership17,877$120.0K0.00%−42,608−70.4%Reduced
Bank of New York Mellon Corp16,902$113.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)8,856$60.0K0.00%+1,918+27.6%Added
Morgan Stanley8,099$54.0K0.00%−364−4.3%Reduced
Group One Trading, L.P.7,967$53.0K0.00%−200−2.4%Reduced
Salem Investment Counselors Inc5,239$35.0K0.00%00.0%Unchanged
IFP Advisors, Inc1,800$24.0K0.00%+900+100.0%Added
UBS Group AG1,532$10.0K0.00%−1,335−46.6%Reduced
North Star Investment Management Corp.1,000$7.00K0.00%00.0%Unchanged
Simplex Trading, LLC1,074$7.00K0.00%+54+5.3%Added
Advisor Group Holdings, Inc.650$5.00K0.00%−60−8.5%Reduced
Bank of America Corp465$3.00K0.00%−1,849−79.9%Reduced
Federated Hermes, Inc.264$2.00K0.00%00.0%Unchanged
FMR LLC321$2.00K0.00%+317+7,925.0%Added
Northwestern Mutual Wealth Management Co300$2.00K0.00%+300New
Wells Fargo & Company139$1.00K0.00%00.0%Unchanged
Captrust Financial Advisors150$1.00K0.00%00.0%Unchanged
JPMorgan Chase & Co25$00.00%00.0%Unchanged
Parallel Advisors, LLC4$00.00%00.0%Unchanged
Jacobs Levy Equity Management, Inc0$00.00%−93,411−100.0%Sold out
Abacus Wealth Partners, LLC0$00.00%−50,042−100.0%Sold out
Invesco Ltd.0$00.00%−40,850−100.0%Sold out
Truist Financial Corp0$00.00%−12,970−100.0%Sold out
Millennium Management LLC0$00.00%−10,892−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−10,899−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−2,100−100.0%Sold out
Royal Bank of Canada0$00.00%−169−100.0%Sold out
Ellevest, Inc.0$00.00%−35−100.0%Sold out