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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, Q2 2024

Institutional positions in Potbelly Corp as of Jun 30, 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
110
−8 vs. Q1 2024
Shares held
20.9M
−107.9K (−0.5%) vs. Q1 2024
Total value
$167.6M
−$86.5M (−34.0%) vs. Q1 2024
New holders
19
43 more added
Sold out
27
32 more reduced

Compare with Q1 2024: 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 holdersQ2 2024: 110 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 heldQ2 2024: $167.6M
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, Q2 2024

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q1 2024.

Institutions holding PBPB in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Nierenberg Investment Management Company, Inc.2,829,860$22.7M13.32%00.0%Unchanged
BlackRock Inc.1,913,787$15.4M0.00%+58,159+3.1%Added
Vanguard Group Inc1,414,464$11.4M0.00%+176,004+14.2%Added
Renaissance Technologies LLC1,278,854$10.3M0.02%−105,594−7.6%Reduced
Punch & Associates Investment Management, Inc.1,243,130$9.98M0.59%+7,575+0.6%Added
First Eagle Investment Management, LLC1,011,328$8.12M0.02%+152,200+17.7%Added
Western Standard LLC800,769$6.43M6.66%+618,434+339.2%Added
Heartland Advisors Inc797,850$6.41M0.36%+92,800+13.2%Added
Portolan Capital Management, LLC741,766$5.96M0.49%−404,186−35.3%Reduced
Soviero Asset Management, LP732,000$5.88M4.52%−574,700−44.0%Reduced
Archon Capital Management LLC701,017$5.63M6.55%+238,346+51.5%Added
Geode Capital Management, LLC587,148$4.72M0.00%+54,022+10.1%Added
Dimensional Fund Advisors LP499,767$4.01M0.00%−45,812−8.4%Reduced
State Street Corp491,893$3.95M0.00%−1900.0%Reduced
Silvercrest Asset Management Group LLC486,932$3.91M0.03%+6,302+1.3%Added
Ancora Advisors, LLC451,232$3.62M0.09%+318,684+240.4%Added
Millennium Management LLC307,713$2.47M0.00%+140,109+83.6%Added
Hodges Capital Management Inc.293,570$2.36M0.16%+177,100+152.1%Added
Readystate Asset Management LP283,267$2.27M0.11%−232,733−45.1%Reduced
Nuveen Asset Management, LLC218,734$1.76M0.00%−31,390−12.5%Reduced
Northern Trust Corp206,789$1.66M0.00%−9,670−4.5%Reduced
Los Angeles Capital Management LLC198,707$1.60M0.01%−44,955−18.4%Reduced
Boothbay Fund Management, LLC184,310$1.48M0.05%+104,830+131.9%Added
Next Century Growth Investors LLC169,108$1.36M0.11%−130−0.1%Reduced
Assenagon Asset Management S.A.153,415$1.23M0.00%+13,955+10.0%Added
Two Sigma Investments, LP135,173$1.09M0.00%−9,720−6.7%Reduced
Russell Investments Group, Ltd.134,651$1.08M0.00%−166,085−55.2%Reduced
Squarepoint Ops LLC133,298$1.07M0.00%+133,298New
Qube Research & Technologies Ltd123,845$994.5K0.00%+59,357+92.0%Added
CenterBook Partners LP119,048$956.0K0.06%−266,359−69.1%Reduced
AQR Capital Management LLC111,214$893.0K0.00%+29,747+36.5%Added
Morgan Stanley98,202$788.6K0.00%−37,037−27.4%Reduced
Arrowstreet Capital, Limited Partnership93,769$753.0K0.00%−160,712−63.2%Reduced
Y-Intercept (Hong Kong) Ltd90,177$724.1K0.04%+60,988+208.9%Added
Gsa Capital Partners LLP87,768$705.0K0.05%+1,647+1.9%Added
Bank of New York Mellon Corp85,048$682.9K0.00%+7,012+9.0%Added
Invesco Ltd.81,867$657.4K0.00%−3,181−3.7%Reduced
Charles Schwab Investment Management Inc76,525$614.5K0.00%+5,218+7.3%Added
Raffles Associates LP74,761$600.3K0.68%00.0%Unchanged
Two Sigma Advisers, LP71,300$572.5K0.00%−45,000−38.7%Reduced
Fortis Advisors, LLC69,969$561.9K0.40%00.0%Unchanged
First Trust Advisors LP68,754$552.1K0.00%+534+0.8%Added
Victory Capital Management Inc66,500$534.0K0.00%+8,484+14.6%Added
Janney Montgomery Scott LLC63,940$513.0K0.00%+2,247+3.6%Added
Engineers Gate Manager LP59,500$477.8K0.01%−4,399−6.9%Reduced
American Century Companies Inc55,969$449.4K0.00%+3,999+7.7%Added
Tectonic Advisors LLC54,929$441.1K0.03%+32,511+145.0%Added
Marshall Wace, LLP54,582$438.3K0.00%+54,582New
Campbell & CO Investment Adviser LLC53,994$433.6K0.04%−6,040−10.1%Reduced
Boston Partners52,813$424.1K0.00%00.0%Unchanged
Trexquant Investment LP51,437$413.0K0.01%−3,364−6.1%Reduced
Citadel Advisors LLC39,479$317.0K0.00%+39,479New
Magnetar Financial LLC37,424$300.5K0.01%+37,424New
Jane Street Group, LLC36,318$291.6K0.00%+8,539+30.7%Added
B. Riley Asset Management, LLC36,223$290.9K0.15%+36,223New
Rhumbline Advisers35,146$282.2K0.00%+6,239+21.6%Added
XTX Topco Ltd30,528$245.1K0.02%+746+2.5%Added
JPMorgan Chase & Co30,123$241.9K0.00%+4,064+15.6%Added
Jump Financial, LLC28,400$228.1K0.00%+28,400New
Next Level Private LLC26,853$215.6K0.10%00.0%Unchanged
Bank of America Corp25,678$206.2K0.00%+16,287+173.4%Added
Stephens Inc25,185$202.2K0.00%00.0%Unchanged
Susquehanna International Group, LLP25,070$201.3K0.00%−5,927−19.1%Reduced
Goldman Sachs Group Inc21,092$169.4K0.00%+10,640+101.8%Added
Orchard Capital Managment, LLC20,888$167.7K0.05%00.0%Unchanged
Shay Capital LLC18,966$152.3K0.04%+7,146+60.5%Added
State of Wisconsin Investment Board18,157$145.8K0.00%+18,157New
Oppenheimer Asset Management Inc.17,097$137.3K0.00%+17,097New
Quest Partners LLC15,804$126.9K0.02%+5,118+47.9%Added
MetLife Investment Management15,617$125.4K0.00%+1,693+12.2%Added
Corebridge Financial, Inc.14,769$118.6K0.00%+14,769New
ExodusPoint Capital Management, LP13,314$107.0K0.00%+13,314New
Mirae Asset Global ETFs Holdings Ltd.13,016$104.5K0.00%+13,016New
BNP Paribas Arbitrage, SA12,619$101.3K0.00%−9,766−43.6%Reduced
Deutsche Bank AG11,976$96.2K0.00%−222−1.8%Reduced
Graham Capital Management, L.P.11,768$94.5K0.00%+11,768New
Barclays PLC11,438$91.8K0.00%−8,939−43.9%Reduced
Manufacturers Life Insurance Company, The10,726$86.1K0.00%+10,726New
Two Sigma Securities, LLC10,602$85.1K0.00%−3,764−26.2%Reduced
UBS Group AG9,772$78.5K0.00%−17,140−63.7%Reduced
New York State Common Retirement Fund9,420$75.6K0.00%+18+0.2%Added
Wells Fargo & Company8,889$71.4K0.00%−5,654−38.9%Reduced
Allspring Global Investments Holdings, LLC7,844$63.0K0.00%+7,761+9,350.6%Added
State of Wyoming7,122$57.2K0.01%−5,882−45.2%Reduced
Royal Bank of Canada6,493$52.0K0.00%−912−12.3%Reduced
Citigroup Inc6,007$48.2K0.00%+1,657+38.1%Added
Tower Research Capital LLC (TRC)5,286$42.4K0.00%+4,129+356.9%Added
EntryPoint Capital, LLC5,265$42.3K0.02%+2,715+106.5%Added
Salem Investment Counselors Inc5,239$42.1K0.00%00.0%Unchanged
Simplex Trading, LLC4,366$35.0K0.00%+4,366New
Legal & General Group Plc3,244$26.0K0.00%+706+27.8%Added
Meeder Asset Management Inc3,100$24.9K0.00%+3,100New
Ameritas Investment Partners, Inc.2,155$17.3K0.00%00.0%Unchanged
California State Teachers Retirement System1,989$16.0K0.00%−635−24.2%Reduced
Quarry LP1,432$11.5K0.00%+1,432New
North Star Investment Management Corp.1,000$8.03K0.00%00.0%Unchanged
IFP Advisors, Inc900$7.23K0.00%00.0%Unchanged
Amalgamated Bank880$7.00K0.00%00.0%Unchanged
Fifth Third Bancorp800$6.42K0.00%00.0%Unchanged
FMR LLC722$5.80K0.00%+350+94.1%Added