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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
Soviero Asset Management, LP732,000$5.88M4.52%−574,700−44.0%Reduced
Portolan Capital Management, LLC741,766$5.96M0.49%−404,186−35.3%Reduced
Heartland Advisors Inc797,850$6.41M0.36%+92,800+13.2%Added
Western Standard LLC800,769$6.43M6.66%+618,434+339.2%Added
First Eagle Investment Management, LLC1,011,328$8.12M0.02%+152,200+17.7%Added
Punch & Associates Investment Management, Inc.1,243,130$9.98M0.59%+7,575+0.6%Added
Renaissance Technologies LLC1,278,854$10.3M0.02%−105,594−7.6%Reduced
Vanguard Group Inc1,414,464$11.4M0.00%+176,004+14.2%Added
BlackRock Inc.1,913,787$15.4M0.00%+58,159+3.1%Added
Nierenberg Investment Management Company, Inc.2,829,860$22.7M13.32%00.0%Unchanged
Manatuck Hill Partners, LLC0$00.00%−199,337−100.0%Sold out
Millrace Asset Group, Inc.0$00.00%−137,480−100.0%Sold out
EAM Investors, LLC0$00.00%−67,231−100.0%Sold out
ClariVest Asset Management LLC0$00.00%−67,126−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−42,390−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−35,162−100.0%Sold out
Calamos Advisors LLC0$00.00%−31,915−100.0%Sold out
Federated Hermes, Inc.0$00.00%−27,134−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−26,987−100.0%Sold out
Stifel Financial Corp0$00.00%−26,750−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−22,700−100.0%Sold out
Options Solutions, LLC0$00.00%−15,702−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−15,577−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−13,240−100.0%Sold out
American International Group, Inc.0$00.00%−12,864−100.0%Sold out
Axq Capital, LP0$00.00%−10,209−100.0%Sold out
Wolverine Trading, LLC0$00.00%−10,130−100.0%Sold out
AdvisorShares Investments LLC0$00.00%−8,100−100.0%Sold out
Steward Partners Investment Advisory, LLC0$00.00%−3,909−100.0%Sold out
nVerses Capital, LLC0$00.00%−3,400−100.0%Sold out
Point72 (DIFC) Ltd0$00.00%−2,565−100.0%Sold out
Metropolitan Life Insurance Co0$00.00%−1,443−100.0%Sold out
TD Waterhouse Canada Inc.0$00.00%−491−100.0%Sold out
UBS Asset Management Americas Inc0$00.00%−407−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−100−100.0%Sold out
Cornerstone Planning Group LLC0$00.00%−82−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−6−100.0%Sold out