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 2023
Institutional positions in Potbelly Corp as of Sep 30, 2023. 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
- 91
- +6 vs. Q2 2023
- Shares held
- 18.0M
- −118.7K (−0.7%) vs. Q2 2023
- Total value
- $140.9M
- −$18.6M (−11.7%) vs. Q2 2023
- New holders
- 16
- 21 more added
- Sold out
- 10
- 28 more reduced
1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2023: 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, Q3 2023
Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nierenberg Investment Management Company, Inc. | 2,709,860 | $21.1M | 15.18% | 00.0% | Unchanged |
| BlackRock Inc. | 1,686,854 | $13.2M | 0.00% | +92,664+5.8% | Added |
| Vanguard Group Inc | 1,566,193 | $12.2M | 0.00% | +405,497+34.9% | Added |
| Soviero Asset Management, LP | 1,520,000 | $11.9M | 7.72% | −43,830−2.8% | Reduced |
| Renaissance Technologies LLC | 1,518,586 | $11.8M | 0.02% | −107,368−6.6% | Reduced |
| Punch & Associates Investment Management, Inc. | 1,315,510 | $10.3M | 0.66% | 00.0% | Unchanged |
| Archon Capital Management LLC | 1,296,791 | $10.1M | 4.53% | +36,137+2.9% | Added |
| Heartland Advisors Inc | 961,900 | $7.50M | 0.42% | 00.0% | Unchanged |
| First Eagle Investment Management, LLC | 737,980 | $5.76M | 0.02% | +173,227+30.7% | Added |
| Dimensional Fund Advisors LP | 541,614 | $4.22M | 0.00% | −12,504−2.3% | Reduced |
| Geode Capital Management, LLC | 494,985 | $3.86M | 0.00% | +23,338+4.9% | Added |
| State Street Corp | 415,255 | $3.24M | 0.00% | +39,273+10.4% | Added |
| Cerity Partners LLC | 292,752 | $2.28M | 0.01% | +292,752 | New |
| Northern Trust Corp | 215,765 | $1.68M | 0.00% | −431−0.2% | Reduced |
| Assenagon Asset Management S.A. | 179,974 | $1.40M | 0.00% | −18,138−9.2% | Reduced |
| Nuveen Asset Management, LLC | 149,874 | $1.17M | 0.00% | +52,620+54.1% | Added |
| Arrowstreet Capital, Limited Partnership | 139,960 | $1.09M | 0.00% | −66,330−32.2% | Reduced |
| Boothbay Fund Management, LLC | 134,166 | $1.05M | 0.04% | +134,166 | New |
| Two Sigma Investments, LP | 126,564 | $987.2K | 0.00% | −36,461−22.4% | Reduced |
| Advisory Research Inc | 113,040 | $881.7K | 0.12% | −82,443−42.2% | Reduced |
| Two Sigma Advisers, LP | 110,500 | $861.9K | 0.00% | +30,800+38.6% | Added |
| Los Angeles Capital Management LLC | 109,546 | $854.5K | 0.00% | +109,546 | New |
| Marshall Wace, LLP | 104,602 | $815.9K | 0.00% | −101,419−49.2% | Reduced |
| American Financial Group Inc | 100,000 | $780.0K | 0.27% | 00.0% | Unchanged |
| Ancora Advisors, LLC | 99,418 | $775.5K | 0.02% | +99,418 | New |
| Raffles Associates LP | 92,960 | $725.1K | 0.96% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 72,822 | $568.0K | 0.00% | 00.0% | Unchanged |
| Victory Capital Management Inc | 72,523 | $565.7K | 0.00% | +580+0.8% | Added |
| Charles Schwab Investment Management Inc | 71,357 | $556.6K | 0.00% | 00.0% | Unchanged |
| Invesco Ltd. | 70,732 | $551.7K | 0.00% | +57,404+430.7% | Added |
| Fortis Advisors, LLC | 69,969 | $545.8K | 0.41% | 00.0% | Unchanged |
| First Trust Advisors LP | 64,495 | $503.1K | 0.00% | +64,495 | New |
| Bridgeway Capital Management, LLC | 63,600 | $496.1K | 0.01% | −50,000−44.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 60,392 | $471.1K | 0.00% | −13,438−18.2% | Reduced |
| Morgan Stanley | 59,764 | $466.2K | 0.00% | −27,331−31.4% | Reduced |
| Russell Investments Group, Ltd. | 52,668 | $410.8K | 0.00% | +52,668 | New |
| Janney Montgomery Scott LLC | 48,136 | $375.0K | 0.00% | +48,136 | New |
| Susquehanna International Group, LLP | 36,823 | $287.2K | 0.00% | +23,716+180.9% | Added |
| Engineers Gate Manager LP | 34,935 | $272.5K | 0.01% | −17,901−33.9% | Reduced |
| Orchard Capital Managment, LLC | 32,425 | $252.9K | 0.09% | 00.0% | Unchanged |
| Walleye Capital LLC | 32,371 | $252.5K | 0.00% | −34,490−51.6% | Reduced |
| Millennium Management LLC | 29,405 | $229.4K | 0.00% | −440,300−93.7% | Reduced |
| Acadian Asset Management LLC | 28,256 | $219.0K | 0.00% | −201,383−87.7% | Reduced |
| Campbell & CO Investment Adviser LLC | 26,151 | $204.0K | 0.02% | −8,571−24.7% | Reduced |
| American Century Companies Inc | 25,394 | $198.1K | 0.00% | +4,918+24.0% | Added |
| Rhumbline Advisers | 25,219 | $196.7K | 0.00% | +1,867+8.0% | Added |
| Stephens Inc | 25,185 | $196.4K | 0.00% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 24,550 | $191.0K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 23,797 | $185.6K | 0.00% | +5,952+33.4% | Added |
| AQR Capital Management LLC | 21,117 | $164.7K | 0.00% | +21,117 | New |
| O'Shaughnessy Asset Management, LLC | 19,064 | $148.7K | 0.00% | −7,158−27.3% | Reduced |
| JPMorgan Chase & Co | 17,739 | $138.4K | 0.00% | −11,236−38.8% | Reduced |
| Man Group plc | – | $112.1K | 0.00% | – | – |
| Mirae Asset Global Investments Co., Ltd. | 14,278 | $111.4K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 13,924 | $108.6K | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 13,867 | $108.2K | 0.00% | −2,154−13.4% | Reduced |
| Truist Financial Corp | 13,570 | $105.8K | 0.00% | +13,570 | New |
| XTX Topco Ltd | 13,288 | $103.6K | 0.02% | −5,766−30.3% | Reduced |
| American International Group, Inc. | 13,026 | $101.6K | 0.00% | +462+3.7% | Added |
| Deutsche Bank AG | 12,983 | $101.3K | 0.00% | +10,968+544.3% | Added |
| Goldman Sachs Group Inc | 12,102 | $94.4K | 0.00% | +12,102 | New |
| Bank of America Corp | 11,427 | $89.1K | 0.00% | +7,823+217.1% | Added |
| Voya Investment Management LLC | 11,131 | $86.8K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 11,075 | $86.4K | 0.00% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 10,000 | $78.0K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 5,759 | $44.9K | 0.00% | −2,924−33.7% | Reduced |
| Barclays PLC | 5,512 | $43.0K | 0.00% | +283+5.4% | Added |
| Salem Investment Counselors Inc | 5,239 | $40.9K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 5,207 | $40.6K | 0.00% | −5,670−52.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,771 | $37.2K | 0.00% | +4,771 | New |
| Amalgamated Bank | 3,957 | $31.0K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 3,903 | $30.0K | 0.00% | +976+33.3% | Added |
| Legal & General Group Plc | 3,016 | $23.5K | 0.00% | 00.0% | Unchanged |
| Group One Trading, L.P. | 3,000 | $23.4K | 0.00% | +3,000 | New |
| Simplex Trading, LLC | 2,707 | $21.0K | 0.00% | +2,707 | New |
| Ameritas Investment Partners, Inc. | 2,155 | $16.8K | 0.00% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 1,443 | $11.3K | 0.00% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 1,286 | $10.0K | 0.00% | +1,286 | New |
| New York State Common Retirement Fund | 1,147 | $8.95K | 0.00% | −11,053−90.6% | Reduced |
| Tower Research Capital LLC (TRC) | 1,103 | $8.60K | 0.00% | +404+57.8% | Added |
| Advisor Group Holdings, Inc. | 1,100 | $8.58K | 0.00% | −85−7.2% | Reduced |
| North Star Investment Management Corp. | 1,000 | $7.80K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 900 | $7.02K | 0.00% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 438 | $3.42K | 0.00% | −444−50.3% | Reduced |
| FMR LLC | 427 | $3.33K | 0.00% | +25+6.2% | Added |
| Citadel Advisors LLC | 326 | $2.54K | 0.00% | −57,427−99.4% | Reduced |
| Comerica Bank | 262 | $2.04K | 0.00% | +262 | New |
| Larson Financial Group LLC | 176 | $1.37K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 22 | $172 | 0.00% | −7,749−99.7% | Reduced |
| Fortis Group Advisors, LLC | 20 | $156 | 0.00% | +20 | New |
| Parallel Advisors, LLC | 4 | $31 | 0.00% | 00.0% | Unchanged |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −375,129−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −24,897−100.0% | Sold out |
| Occudo Quantitative Strategies LP | 0 | $0 | 0.00% | −24,883−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −15,600−100.0% | Sold out |
| Ergoteles LLC | 0 | $0 | 0.00% | −14,426−100.0% | Sold out |
| Belvedere Trading LLC | 0 | $0 | 0.00% | −14,406−100.0% | Sold out |
| Ritholtz Wealth Management | 0 | $0 | 0.00% | −11,714−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −7,846−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −2,174−100.0% | Sold out |