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 2022
Institutional positions in Potbelly Corp as of Dec 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
- 55
- +2 vs. Q3 2022
- Shares held
- 15.0M
- +237.2K (+1.6%) vs. Q3 2022
- Total value
- $83.3M
- +$15.1M (+22.2%) vs. Q3 2022
- New holders
- 7
- 16 more added
- Sold out
- 5
- 15 more reduced
Compare with Q3 2022: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 0 | $0 |
| Q1 2026 | 0 | $0 |
| Q4 2025 | 1 | $16.3K |
| Q3 2025 | 132 | $440.6M |
| Q2 2025 | 125 | $287.3M |
| Q1 2025 | 115 | $208.9M |
| Q4 2024 | 114 | $208.7M |
| Q3 2024 | 109 | $175.7M |
| Q2 2024 | 110 | $167.6M |
| Q1 2024 | 118 | $254.1M |
| Q4 2023 | 90 | $195.7M |
| Q3 2023 | 91 | $140.9M |
| Q2 2023 | 86 | $162.1M |
| Q1 2023 | 75 | $140.8M |
| Q4 2022 | 55 | $83.3M |
| Q3 2022 | 53 | $68.2M |
| Q2 2022 | 52 | $88.2M |
| Q1 2022 | 52 | $103.6M |
| Q4 2021 | 59 | $85.2M |
| Q3 2021 | 64 | $99.9M |
| Q2 2021 | 66 | $117.1M |
| Q1 2021 | 58 | $85.7M |
Institutions, Q4 2022
Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nierenberg Investment Management Company, Inc. | 2,709,860 | $15.1M | 11.37% | +20,000+0.7% | Added |
| Archon Capital Management LLC | 2,325,509 | $13.0M | 4.99% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 1,468,354 | $8.18M | 0.01% | −59,700−3.9% | Reduced |
| Soviero Asset Management, LP | 1,420,000 | $7.91M | 4.69% | +70,000+5.2% | Added |
| Punch & Associates Investment Management, Inc. | 1,278,083 | $7.12M | 0.46% | +39,513+3.2% | Added |
| Vanguard Group Inc | 1,018,743 | $5.67M | 0.00% | +10,369+1.0% | Added |
| Heartland Advisors Inc | 800,000 | $4.46M | 0.28% | +200,000+33.3% | Added |
| Ancora Advisors, LLC | 631,267 | $3.52M | 0.10% | −1,053−0.2% | Reduced |
| BlackRock Inc. | 475,046 | $2.65M | 0.00% | +5,362+1.1% | Added |
| First Eagle Investment Management, LLC | 474,048 | $2.64M | 0.01% | +127,579+36.8% | Added |
| Dimensional Fund Advisors LP | 431,086 | $2.40M | 0.00% | −13,378−3.0% | Reduced |
| Aj Wealth Strategies, LLC | 323,772 | $1.80M | 0.09% | −47,425−12.8% | Reduced |
| Geode Capital Management, LLC | 218,461 | $1.22M | 0.00% | +3,044+1.4% | Added |
| Russell Investments Group, Ltd. | 190,558 | $1.06M | 0.00% | −7,734−3.9% | Reduced |
| Victory Capital Management Inc | 130,061 | $724.4K | 0.00% | −5,439−4.0% | Reduced |
| Millennium Management LLC | 121,518 | $677.0K | 0.00% | −20,036−14.2% | Reduced |
| Bridgeway Capital Management, LLC | 113,600 | $632.8K | 0.02% | 00.0% | Unchanged |
| American Financial Group Inc | 100,000 | $557.0K | 0.19% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 85,922 | $478.6K | 0.00% | −8,777−9.3% | Reduced |
| State Street Corp | 84,149 | $468.7K | 0.00% | 00.0% | Unchanged |
| Fortis Advisors, LLC | 69,969 | $389.7K | 0.30% | 00.0% | Unchanged |
| Boston Partners | 61,352 | $341.7K | 0.00% | 00.0% | Unchanged |
| Raffles Associates LP | 59,910 | $333.7K | 0.39% | +59,910 | New |
| Northern Trust Corp | 40,728 | $226.9K | 0.00% | +1,703+4.4% | Added |
| Orchard Capital Managment, LLC | 32,425 | $180.6K | 0.06% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 29,059 | $162.0K | 0.01% | +1,792+6.6% | Added |
| Assenagon Asset Management S.A. | 27,147 | $151.0K | 0.00% | 00.0% | Unchanged |
| Stephens Inc | 25,185 | $140.3K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 24,968 | $139.1K | 0.00% | +9,357+59.9% | Added |
| Commonwealth Equity Services, LLC | 24,550 | $136.0K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 21,837 | $121.6K | 0.00% | +1,434+7.0% | Added |
| Jane Street Group, LLC | 21,458 | $119.5K | 0.00% | +21,458 | New |
| Acadian Asset Management LLC | 21,044 | $116.0K | 0.00% | 00.0% | Unchanged |
| Morgan Stanley | 19,692 | $109.7K | 0.00% | +10,330+110.3% | Added |
| O'Shaughnessy Asset Management, LLC | 12,769 | $71.1K | 0.00% | −1,185−8.5% | Reduced |
| CI Private Wealth, LLC | 12,269 | $68.3K | 0.00% | +12,269 | New |
| Gofen & Glossberg LLC | 12,269 | $68.0K | 0.00% | −2,731−18.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 11,515 | $64.1K | 0.00% | +11,515 | New |
| Stifel Financial Corp | 10,000 | $55.7K | 0.00% | +10,000 | New |
| Salem Investment Counselors Inc | 5,239 | $29.2K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 900 | $12.0K | 0.00% | 00.0% | Unchanged |
| Money Concepts Capital Corp | 2,000 | $11.1K | 0.00% | +2,000 | New |
| Dark Forest Capital Management LP | 1,265 | $7.05K | 0.00% | +581+84.9% | Added |
| North Star Investment Management Corp. | 1,000 | $5.57K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 785 | $4.37K | 0.00% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 649 | $3.62K | 0.00% | +392+152.5% | Added |
| Advisor Group Holdings, Inc. | 500 | $3.00K | 0.00% | −100−16.7% | Reduced |
| Simplex Trading, LLC | 400 | $2.00K | 0.00% | −5,136−92.8% | Reduced |
| FMR LLC | 319 | $1.78K | 0.00% | −1,650−83.8% | Reduced |
| Larson Financial Group LLC | 176 | $980 | 0.00% | +176 | New |
| Wells Fargo & Company | 161 | $897 | 0.00% | +4+2.5% | Added |
| Bank of America Corp | 30 | $167 | 0.00% | −33−52.4% | Reduced |
| Parallel Advisors, LLC | 4 | $22 | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 25 | $0 | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 50 | $0 | 0.00% | −25−33.3% | Reduced |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −124,454−100.0% | Sold out |
| Quantum Financial Advisors, LLC | 0 | $0 | 0.00% | −63,178−100.0% | Sold out |
| Bank of New York Mellon Corp | 0 | $0 | 0.00% | −16,560−100.0% | Sold out |
| Strengthening Families & Communities, LLC | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Trust Co of Vermont | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |