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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 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.

Institutional holdersQ4 2022: 55 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 2022: $83.3M
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 2022

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q3 2022.

Institutions holding PBPB in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
JPMorgan Chase & Co25$00.00%00.0%Unchanged
Royal Bank of Canada50$00.00%−25−33.3%Reduced
Parallel Advisors, LLC4$220.00%00.0%Unchanged
Bank of America Corp30$1670.00%−33−52.4%Reduced
Wells Fargo & Company161$8970.00%+4+2.5%Added
Larson Financial Group LLC176$9800.00%+176New
FMR LLC319$1.78K0.00%−1,650−83.8%Reduced
Simplex Trading, LLC400$2.00K0.00%−5,136−92.8%Reduced
Advisor Group Holdings, Inc.500$3.00K0.00%−100−16.7%Reduced
Federated Hermes, Inc.649$3.62K0.00%+392+152.5%Added
UBS Group AG785$4.37K0.00%00.0%Unchanged
North Star Investment Management Corp.1,000$5.57K0.00%00.0%Unchanged
Dark Forest Capital Management LP1,265$7.05K0.00%+581+84.9%Added
Money Concepts Capital Corp2,000$11.1K0.00%+2,000New
IFP Advisors, Inc900$12.0K0.00%00.0%Unchanged
Salem Investment Counselors Inc5,239$29.2K0.00%00.0%Unchanged
Stifel Financial Corp10,000$55.7K0.00%+10,000New
Connor, Clark & Lunn Investment Management Ltd.11,515$64.1K0.00%+11,515New
Gofen & Glossberg LLC12,269$68.0K0.00%−2,731−18.2%Reduced
CI Private Wealth, LLC12,269$68.3K0.00%+12,269New
O'Shaughnessy Asset Management, LLC12,769$71.1K0.00%−1,185−8.5%Reduced
Morgan Stanley19,692$109.7K0.00%+10,330+110.3%Added
Acadian Asset Management LLC21,044$116.0K0.00%00.0%Unchanged
Jane Street Group, LLC21,458$119.5K0.00%+21,458New
Qube Research & Technologies Ltd21,837$121.6K0.00%+1,434+7.0%Added
Commonwealth Equity Services, LLC24,550$136.0K0.00%00.0%Unchanged
Citadel Advisors LLC24,968$139.1K0.00%+9,357+59.9%Added
Stephens Inc25,185$140.3K0.00%00.0%Unchanged
Assenagon Asset Management S.A.27,147$151.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)29,059$162.0K0.01%+1,792+6.6%Added
Orchard Capital Managment, LLC32,425$180.6K0.06%00.0%Unchanged
Northern Trust Corp40,728$226.9K0.00%+1,703+4.4%Added
Raffles Associates LP59,910$333.7K0.39%+59,910New
Boston Partners61,352$341.7K0.00%00.0%Unchanged
Fortis Advisors, LLC69,969$389.7K0.30%00.0%Unchanged
State Street Corp84,149$468.7K0.00%00.0%Unchanged
Susquehanna International Group, LLP85,922$478.6K0.00%−8,777−9.3%Reduced
American Financial Group Inc100,000$557.0K0.19%00.0%Unchanged
Bridgeway Capital Management, LLC113,600$632.8K0.02%00.0%Unchanged
Millennium Management LLC121,518$677.0K0.00%−20,036−14.2%Reduced
Victory Capital Management Inc130,061$724.4K0.00%−5,439−4.0%Reduced
Russell Investments Group, Ltd.190,558$1.06M0.00%−7,734−3.9%Reduced
Geode Capital Management, LLC218,461$1.22M0.00%+3,044+1.4%Added
Aj Wealth Strategies, LLC323,772$1.80M0.09%−47,425−12.8%Reduced
Dimensional Fund Advisors LP431,086$2.40M0.00%−13,378−3.0%Reduced
First Eagle Investment Management, LLC474,048$2.64M0.01%+127,579+36.8%Added
BlackRock Inc.475,046$2.65M0.00%+5,362+1.1%Added
Ancora Advisors, LLC631,267$3.52M0.10%−1,053−0.2%Reduced
Heartland Advisors Inc800,000$4.46M0.28%+200,000+33.3%Added
Vanguard Group Inc1,018,743$5.67M0.00%+10,369+1.0%Added
Punch & Associates Investment Management, Inc.1,278,083$7.12M0.46%+39,513+3.2%Added
Soviero Asset Management, LP1,420,000$7.91M4.69%+70,000+5.2%Added
Renaissance Technologies LLC1,468,354$8.18M0.01%−59,700−3.9%Reduced
Archon Capital Management LLC2,325,509$13.0M4.99%00.0%Unchanged
Nierenberg Investment Management Company, Inc.2,709,860$15.1M11.37%+20,000+0.7%Added
Boothbay Fund Management, LLC0$00.00%−124,454−100.0%Sold out
Quantum Financial Advisors, LLC0$00.00%−63,178−100.0%Sold out
Bank of New York Mellon Corp0$00.00%−16,560−100.0%Sold out
Strengthening Families & Communities, LLC0$00.00%−2,000−100.0%Sold out
Trust Co of Vermont0$00.00%−1,000−100.0%Sold out