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 2023
Institutional positions in Potbelly Corp as of Dec 31, 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
- 90
- −1 vs. Q3 2023
- Shares held
- 18.8M
- +729.9K (+4.0%) vs. Q3 2023
- Total value
- $195.7M
- +$54.8M (+38.9%) vs. Q3 2023
- New holders
- 11
- 37 more added
- Sold out
- 12
- 25 more reduced
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nierenberg Investment Management Company, Inc. | 2,829,860 | $29.5M | 18.69% | +120,000+4.4% | Added |
| BlackRock Inc. | 1,819,598 | $19.0M | 0.00% | +132,744+7.9% | Added |
| Vanguard Group Inc | 1,579,581 | $16.5M | 0.00% | +13,388+0.9% | Added |
| Renaissance Technologies LLC | 1,469,154 | $15.3M | 0.02% | −49,432−3.3% | Reduced |
| Soviero Asset Management, LP | 1,402,310 | $14.6M | 9.13% | −117,690−7.7% | Reduced |
| Punch & Associates Investment Management, Inc. | 1,321,360 | $13.8M | 0.81% | +5,850+0.4% | Added |
| Archon Capital Management LLC | 1,296,791 | $13.5M | 5.56% | 00.0% | Unchanged |
| Heartland Advisors Inc | 960,900 | $10.0M | 0.52% | −1,000−0.1% | Reduced |
| First Eagle Investment Management, LLC | 814,728 | $8.49M | 0.02% | +76,748+10.4% | Added |
| Dimensional Fund Advisors LP | 549,302 | $5.72M | 0.00% | +7,688+1.4% | Added |
| Geode Capital Management, LLC | 514,959 | $5.37M | 0.00% | +19,974+4.0% | Added |
| State Street Corp | 481,673 | $5.02M | 0.00% | +66,418+16.0% | Added |
| Cerity Partners LLC | 279,182 | $2.91M | 0.01% | −13,570−4.6% | Reduced |
| Northern Trust Corp | 218,976 | $2.28M | 0.00% | +3,211+1.5% | Added |
| Nuveen Asset Management, LLC | 214,034 | $2.23M | 0.00% | +64,160+42.8% | Added |
| Arrowstreet Capital, Limited Partnership | 196,316 | $2.05M | 0.00% | +56,356+40.3% | Added |
| Los Angeles Capital Management LLC | 188,995 | $1.97M | 0.01% | +79,449+72.5% | Added |
| Assenagon Asset Management S.A. | 165,718 | $1.73M | 0.01% | −14,256−7.9% | Reduced |
| Ancora Advisors, LLC | 150,598 | $1.57M | 0.04% | +51,180+51.5% | Added |
| Millrace Asset Group, Inc. | 133,457 | $1.39M | 1.38% | +133,457 | New |
| Two Sigma Investments, LP | 119,073 | $1.24M | 0.00% | −7,491−5.9% | Reduced |
| Morgan Stanley | 112,624 | $1.17M | 0.00% | +52,860+88.4% | Added |
| Two Sigma Advisers, LP | 104,800 | $1.09M | 0.00% | −5,700−5.2% | Reduced |
| American Financial Group Inc | 100,000 | $1.04M | 0.38% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 92,566 | $964.5K | 0.00% | +39,898+75.8% | Added |
| Raffles Associates LP | 89,761 | $935.3K | 1.18% | −3,199−3.4% | Reduced |
| Millennium Management LLC | 88,888 | $926.2K | 0.00% | +59,483+202.3% | Added |
| Bank of New York Mellon Corp | 86,880 | $905.3K | 0.00% | +14,058+19.3% | Added |
| Boston Partners | 75,858 | $790.4K | 0.00% | +75,858 | New |
| EAM Investors, LLC | 73,695 | $767.9K | 0.14% | +73,695 | New |
| Gsa Capital Partners LLP | 73,363 | $764.0K | 0.06% | +73,363 | New |
| Charles Schwab Investment Management Inc | 71,211 | $742.0K | 0.00% | −146−0.2% | Reduced |
| Fortis Advisors, LLC | 69,969 | $729.1K | 0.52% | 00.0% | Unchanged |
| Victory Capital Management Inc | 68,300 | $711.7K | 0.00% | −4,223−5.8% | Reduced |
| Invesco Ltd. | 67,388 | $702.2K | 0.00% | −3,344−4.7% | Reduced |
| First Trust Advisors LP | 66,157 | $689.4K | 0.00% | +1,662+2.6% | Added |
| Janney Montgomery Scott LLC | 56,722 | $591.0K | 0.00% | +8,586+17.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 53,243 | $554.8K | 0.00% | −7,149−11.8% | Reduced |
| Campbell & CO Investment Adviser LLC | 45,269 | $471.7K | 0.04% | +19,118+73.1% | Added |
| Barclays PLC | 37,956 | $395.5K | 0.00% | +32,444+588.6% | Added |
| American Century Companies Inc | 35,099 | $365.7K | 0.00% | +9,705+38.2% | Added |
| AQR Capital Management LLC | 33,403 | $348.1K | 0.00% | +12,286+58.2% | Added |
| UBS Group AG | 32,863 | $342.4K | 0.00% | +18,996+137.0% | Added |
| Walleye Capital LLC | 28,474 | $296.7K | 0.00% | −3,897−12.0% | Reduced |
| Engineers Gate Manager LP | 28,448 | $296.4K | 0.01% | −6,487−18.6% | Reduced |
| Rhumbline Advisers | 27,784 | $289.5K | 0.00% | +2,565+10.2% | Added |
| Stifel Financial Corp | 27,250 | $283.9K | 0.00% | +27,250 | New |
| Stephens Inc | 25,185 | $262.4K | 0.00% | 00.0% | Unchanged |
| Commonwealth Equity Services, LLC | 24,550 | $256.0K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 24,417 | $254.4K | 0.00% | +12,990+113.7% | Added |
| Bridgeway Capital Management, LLC | 24,000 | $250.1K | 0.01% | −39,600−62.3% | Reduced |
| BNP Paribas Arbitrage, SA | 20,913 | $217.9K | 0.00% | −2,884−12.1% | Reduced |
| Orchard Capital Managment, LLC | 20,888 | $217.7K | 0.07% | −11,537−35.6% | Reduced |
| Quadrature Capital Ltd | 20,802 | $216.3K | 0.00% | +20,802 | New |
| Qube Research & Technologies Ltd | 18,822 | $196.1K | 0.00% | +17,536+1,363.6% | Added |
| Goldman Sachs Group Inc | 18,769 | $195.6K | 0.00% | +6,667+55.1% | Added |
| JPMorgan Chase & Co | 17,739 | $184.8K | 0.00% | 00.0% | Unchanged |
| XTX Topco Ltd | 16,971 | $176.8K | 0.04% | +3,683+27.7% | Added |
| O'Shaughnessy Asset Management, LLC | 16,578 | $172.7K | 0.00% | −2,486−13.0% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 14,278 | $148.8K | 0.00% | 00.0% | Unchanged |
| Occudo Quantitative Strategies LP | 14,209 | $148.1K | 0.02% | +14,209 | New |
| MetLife Investment Management | 13,924 | $145.1K | 0.00% | 00.0% | Unchanged |
| American International Group, Inc. | 12,974 | $135.2K | 0.00% | −52−0.4% | Reduced |
| Deutsche Bank AG | 12,437 | $129.6K | 0.00% | −546−4.2% | Reduced |
| Voya Investment Management LLC | 11,531 | $120.2K | 0.00% | +400+3.6% | Added |
| Manufacturers Life Insurance Company, The | 10,322 | $107.6K | 0.00% | −753−6.8% | Reduced |
| CI Private Wealth, LLC | 10,000 | $104.2K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 9,436 | $98.3K | 0.00% | +8,289+722.7% | Added |
| State of Wyoming | 9,098 | $94.8K | 0.02% | +9,098 | New |
| Royal Bank of Canada | 8,320 | $86.0K | 0.00% | +4,417+113.2% | Added |
| Wells Fargo & Company | 6,747 | $70.3K | 0.00% | +1,540+29.6% | Added |
| Tower Research Capital LLC (TRC) | 6,229 | $64.9K | 0.00% | +5,126+464.7% | Added |
| Salem Investment Counselors Inc | 5,239 | $54.6K | 0.00% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 4,624 | $48.2K | 0.05% | +4,624 | New |
| California State Teachers Retirement System | 4,296 | $44.8K | 0.00% | −1,463−25.4% | Reduced |
| Citigroup Inc | 3,818 | $39.8K | 0.00% | +3,796+17,254.5% | Added |
| Amalgamated Bank | 3,695 | $39.0K | 0.00% | −262−6.6% | Reduced |
| AJOVista, LLC | 3,311 | $34.5K | 0.04% | +3,311 | New |
| Legal & General Group Plc | 3,016 | $31.4K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 2,155 | $22.5K | 0.00% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 1,443 | $15.0K | 0.00% | 00.0% | Unchanged |
| North Star Investment Management Corp. | 1,000 | $10.4K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 900 | $9.38K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 525 | $5.47K | 0.00% | −575−52.3% | Reduced |
| Federated Hermes, Inc. | 478 | $4.98K | 0.00% | +40+9.1% | Added |
| FMR LLC | 423 | $4.41K | 0.00% | −4−0.9% | Reduced |
| Comerica Bank | 262 | $2.73K | 0.00% | 00.0% | Unchanged |
| Coppell Advisory Solutions LLC | 35 | $744 | 0.00% | +35 | New |
| Fortis Group Advisors, LLC | 40 | $416 | 0.00% | +20+100.0% | Added |
| Parallel Advisors, LLC | 4 | $42 | 0.00% | 00.0% | Unchanged |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −134,166−100.0% | Sold out |
| Advisory Research Inc | 0 | $0 | 0.00% | −113,040−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −104,602−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −36,823−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −28,256−100.0% | Sold out |
| Man Group plc | 0 | $0 | 0.00% | – | Sold out |
| Truist Financial Corp | 0 | $0 | 0.00% | −13,570−100.0% | Sold out |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −4,771−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −2,707−100.0% | Sold out |