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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 2024

Institutional positions in Potbelly Corp as of Mar 31, 2024. 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
118
+29 vs. Q4 2023
Shares held
21.0M
+2.20M (+11.7%) vs. Q4 2023
Total value
$254.1M
+$58.4M (+29.9%) vs. Q4 2023
New holders
39
32 more added
Sold out
10
35 more reduced

1 institution that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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.

Institutional holdersQ1 2024: 118 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 2024: $254.1M
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 2024

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q4 2023.

Institutions holding PBPB in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
CWM, LLC4$00.00%+4New
Parallel Advisors, LLC4$480.00%00.0%Unchanged
Nelson, Van Denburg & Campbell Wealth Management Group, LLC6$720.00%+6New
Fortis Group Advisors, LLC20$2420.00%−20−50.0%Reduced
Nisa Investment Advisors, LLC40$4840.00%+40New
Cornerstone Planning Group LLC82$8120.00%+82New
Allspring Global Investments Holdings, LLC83$1.00K0.00%+83New
The PNC Financial Services Group, Inc.100$1.21K0.00%+100New
MCF Advisors LLC210$2.54K0.00%+210New
Comerica Bank262$3.17K0.00%00.0%Unchanged
FMR LLC372$4.50K0.00%−51−12.1%Reduced
UBS Asset Management Americas Inc407$4.93K0.00%+407New
TD Waterhouse Canada Inc.491$5.49K0.00%+491New
Fifth Third Bancorp800$9.69K0.00%+800New
IFP Advisors, Inc900$10.9K0.00%00.0%Unchanged
Amalgamated Bank880$11.0K0.00%−2,815−76.2%Reduced
North Star Investment Management Corp.1,000$12.1K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)1,157$14.0K0.00%−5,072−81.4%Reduced
Metropolitan Life Insurance Co1,443$17.5K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.1,675$20.3K0.00%+1,150+219.0%Added
Ameritas Investment Partners, Inc.2,155$26.1K0.00%00.0%Unchanged
Legal & General Group Plc2,538$30.7K0.00%−478−15.8%Reduced
EntryPoint Capital, LLC2,550$30.9K0.03%−2,074−44.9%Reduced
Point72 (DIFC) Ltd2,565$31.1K0.00%+2,565New
California State Teachers Retirement System2,624$31.8K0.00%−1,672−38.9%Reduced
nVerses Capital, LLC3,400$41.2K0.10%+3,400New
Steward Partners Investment Advisory, LLC3,909$47.3K0.00%+3,909New
Citigroup Inc4,350$52.7K0.00%+532+13.9%Added
Salem Investment Counselors Inc5,239$63.4K0.00%00.0%Unchanged
Royal Bank of Canada7,405$90.0K0.00%−915−11.0%Reduced
AdvisorShares Investments LLC8,100$98.1K0.02%+8,100New
Bank of America Corp9,391$113.7K0.00%−15,026−61.5%Reduced
New York State Common Retirement Fund9,402$113.9K0.00%−34−0.4%Reduced
Wolverine Trading, LLC10,130$122.7K0.00%+10,130New
Axq Capital, LP10,209$123.6K0.03%+10,209New
Goldman Sachs Group Inc10,452$126.6K0.00%−8,317−44.3%Reduced
Quest Partners LLC10,686$129.4K0.02%+10,686New
Shay Capital LLC11,820$143.1K0.04%+11,820New
Deutsche Bank AG12,198$147.7K0.00%−239−1.9%Reduced
American International Group, Inc.12,864$155.8K0.00%−110−0.8%Reduced
State of Wyoming13,004$157.5K0.03%+3,906+42.9%Added
Occudo Quantitative Strategies LP13,240$160.3K0.03%−969−6.8%Reduced
MetLife Investment Management13,924$168.6K0.00%00.0%Unchanged
Two Sigma Securities, LLC14,366$174.0K0.01%+14,366New
Wells Fargo & Company14,543$176.1K0.00%+7,796+115.5%Added
O'Shaughnessy Asset Management, LLC15,577$188.6K0.00%−1,001−6.0%Reduced
Options Solutions, LLC15,702$190.2K0.11%+15,702New
Barclays PLC20,377$246.8K0.00%−17,579−46.3%Reduced
Orchard Capital Managment, LLC20,888$253.0K0.07%00.0%Unchanged
BNP Paribas Arbitrage, SA22,385$271.1K0.00%+1,472+7.0%Added
Tectonic Advisors LLC22,418$271.5K0.02%+22,418New
Bridgeway Capital Management, LLC22,700$274.9K0.01%−1,300−5.4%Reduced
Stephens Inc25,185$305.0K0.00%00.0%Unchanged
JPMorgan Chase & Co26,059$315.6K0.00%+8,320+46.9%Added
Stifel Financial Corp26,750$323.9K0.00%−500−1.8%Reduced
Next Level Private LLC26,853$325.2K0.15%+26,853New
UBS Group AG26,912$325.9K0.00%−5,951−18.1%Reduced
Cubist Systematic Strategies, LLC26,987$326.8K0.00%+26,987New
Federated Hermes, Inc.27,134$328.6K0.00%+26,656+5,576.6%Added
Jane Street Group, LLC27,779$336.4K0.00%+27,779New
Rhumbline Advisers28,907$350.1K0.00%+1,123+4.0%Added
Y-Intercept (Hong Kong) Ltd29,189$353.5K0.03%+29,189New
XTX Topco Ltd29,782$360.7K0.05%+12,811+75.5%Added
Susquehanna International Group, LLP30,997$375.4K0.00%+30,997New
Calamos Advisors LLC31,915$386.5K0.00%+31,915New
Lombard Odier Asset Management (USA) Corp35,162$425.8K0.06%+35,162New
Connor, Clark & Lunn Investment Management Ltd.42,390$513.3K0.00%−10,853−20.4%Reduced
American Century Companies Inc51,970$629.4K0.00%+16,871+48.1%Added
Boston Partners52,813$639.6K0.00%−23,045−30.4%Reduced
Trexquant Investment LP54,801$663.6K0.01%+54,801New
Victory Capital Management Inc58,016$702.6K0.00%−10,284−15.1%Reduced
Campbell & CO Investment Adviser LLC60,034$727.0K0.06%+14,765+32.6%Added
Janney Montgomery Scott LLC61,693$747.0K0.00%+4,971+8.8%Added
Engineers Gate Manager LP63,899$773.8K0.02%+35,451+124.6%Added
Qube Research & Technologies Ltd64,488$781.0K0.00%+45,666+242.6%Added
ClariVest Asset Management LLC67,126$812.9K0.08%+67,126New
EAM Investors, LLC67,231$814.2K0.13%−6,464−8.8%Reduced
First Trust Advisors LP68,220$826.1K0.00%+2,063+3.1%Added
Fortis Advisors, LLC69,969$847.3K0.57%00.0%Unchanged
Charles Schwab Investment Management Inc71,307$863.5K0.00%+96+0.1%Added
Raffles Associates LP74,761$905.4K1.05%−15,000−16.7%Reduced
Bank of New York Mellon Corp78,036$945.0K0.00%−8,844−10.2%Reduced
Boothbay Fund Management, LLC79,480$962.5K0.03%+79,480New
AQR Capital Management LLC81,467$986.6K0.00%+48,064+143.9%Added
Invesco Ltd.85,048$1.03M0.00%+17,660+26.2%Added
Gsa Capital Partners LLP86,121$1.04M0.08%+12,758+17.4%Added
Two Sigma Advisers, LP116,300$1.41M0.00%+11,500+11.0%Added
Hodges Capital Management Inc.116,470$1.41M0.09%+116,470New
Ancora Advisors, LLC132,548$1.61M0.04%−18,050−12.0%Reduced
Morgan Stanley135,239$1.64M0.00%+22,615+20.1%Added
Millrace Asset Group, Inc.137,480$1.67M1.67%+4,023+3.0%Added
Assenagon Asset Management S.A.139,460$1.69M0.00%−26,258−15.8%Reduced
Two Sigma Investments, LP144,893$1.75M0.00%+25,820+21.7%Added
Millennium Management LLC167,604$2.03M0.00%+78,716+88.6%Added
Next Century Growth Investors LLC169,238$2.05M0.18%+169,238New
Western Standard LLC182,335$2.21M2.08%+182,335New
Manatuck Hill Partners, LLC199,337$2.41M1.06%+199,337New
Northern Trust Corp216,459$2.62M0.00%−2,517−1.1%Reduced
Los Angeles Capital Management LLC243,662$2.95M0.01%+54,667+28.9%Added
Nuveen Asset Management, LLC250,124$3.03M0.00%+36,090+16.9%Added