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 2025
Institutional positions in Potbelly Corp as of Mar 31, 2025. 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
- 115
- +2 vs. Q4 2024
- Shares held
- 22.3M
- +512.3K (+2.4%) vs. Q4 2024
- Total value
- $208.9M
- +$3.77M (+1.8%) vs. Q4 2024
- New holders
- 16
- 40 more added
- Sold out
- 14
- 36 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| 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, Q1 2025
Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Nierenberg Investment Management Company, Inc. | 2,980,564 | $28.3M | 16.55% | 00.0% | Unchanged |
| BlackRock, Inc. | 1,985,175 | $18.9M | 0.00% | +3,105+0.2% | Added |
| Vanguard Group Inc | 1,421,898 | $13.5M | 0.00% | −2,469−0.2% | Reduced |
| Portolan Capital Management, LLC | 1,276,612 | $12.1M | 0.92% | +290,335+29.4% | Added |
| Renaissance Technologies LLC | 1,126,654 | $10.7M | 0.02% | −23,000−2.0% | Reduced |
| First Eagle Investment Management, LLC | 1,000,028 | $9.51M | 0.02% | −160,800−13.9% | Reduced |
| Punch & Associates Investment Management, Inc. | 837,355 | $7.96M | 0.52% | −450,000−35.0% | Reduced |
| Heartland Advisors Inc | 766,700 | $7.29M | 0.42% | −157,250−17.0% | Reduced |
| Western Standard LLC | 701,323 | $6.67M | 3.92% | +371,350+112.5% | Added |
| Silvercrest Asset Management Group LLC | 639,649 | $6.08M | 0.04% | +160,618+33.5% | Added |
| Geode Capital Management, LLC | 624,317 | $5.94M | 0.00% | +7,118+1.2% | Added |
| Next Century Growth Investors LLC | 618,591 | $5.88M | 0.52% | +463,275+298.3% | Added |
| Archon Capital Management LLC | 528,417 | $5.03M | 5.30% | +20,477+4.0% | Added |
| State Street Corp | 521,899 | $4.96M | 0.00% | +3,454+0.7% | Added |
| Monimus Capital Management, LP | 505,944 | $4.81M | 4.08% | −14,315−2.8% | Reduced |
| Dimensional Fund Advisors LP | 502,839 | $4.78M | 0.00% | +3,090+0.6% | Added |
| Citadel Advisors LLC | 420,623 | $4.00M | 0.00% | +248,429+144.3% | Added |
| American Century Companies Inc | 386,430 | $3.67M | 0.00% | +239,283+162.6% | Added |
| Soviero Asset Management, LP | 383,000 | $3.64M | 4.24% | −93,000−19.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 337,933 | $3.21M | 0.00% | −13,338−3.8% | Reduced |
| Ancora Advisors, LLC | 326,721 | $3.11M | 0.07% | −147,932−31.2% | Reduced |
| CenterBook Partners LP | 302,088 | $2.87M | 0.18% | +302,088 | New |
| Russell Investments Group, Ltd. | 289,004 | $2.75M | 0.00% | −16,138−5.3% | Reduced |
| Cerity Partners LLC | 278,050 | $2.64M | 0.01% | +353+0.1% | Added |
| Hodges Capital Management Inc. | 237,385 | $2.26M | 0.23% | −302,530−56.0% | Reduced |
| Essex Investment Management Co LLC | 221,902 | $2.11M | 0.44% | +221,902 | New |
| Northern Trust Corp | 218,332 | $2.08M | 0.00% | −5,419−2.4% | Reduced |
| Marshall Wace, LLP | 173,460 | $1.65M | 0.00% | −22,315−11.4% | Reduced |
| Manatuck Hill Partners, LLC | 168,500 | $1.60M | 0.74% | +168,500 | New |
| Millennium Management LLC | 96,479 | $917.5K | 0.00% | −303,391−75.9% | Reduced |
| Tectonic Advisors LLC | 87,965 | $836.5K | 0.05% | −12,582−12.5% | Reduced |
| Charles Schwab Investment Management Inc | 79,145 | $752.7K | 0.00% | +2,620+3.4% | Added |
| Trexquant Investment LP | 78,823 | $749.6K | 0.01% | −9,153−10.4% | Reduced |
| Morgan Stanley | 78,172 | $743.4K | 0.00% | −57,109−42.2% | Reduced |
| Victory Capital Management Inc | 74,200 | $705.6K | 0.00% | −27,465−27.0% | Reduced |
| Goldman Sachs Group Inc | 73,514 | $699.1K | 0.00% | −71,710−49.4% | Reduced |
| Boothbay Fund Management, LLC | 72,039 | $685.1K | 0.02% | −19,520−21.3% | Reduced |
| Fortis Advisors, LLC | 69,969 | $665.4K | 0.43% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 66,000 | $627.7K | 0.00% | +1,662+2.6% | Added |
| Legato Capital Management LLC | 65,862 | $626.3K | 0.08% | +65,862 | New |
| AQR Capital Management LLC | 65,538 | $623.3K | 0.00% | +65,538 | New |
| Bridgeway Capital Management, LLC | 62,100 | $590.6K | 0.01% | +1,400+2.3% | Added |
| Assenagon Asset Management S.A. | 60,972 | $579.8K | 0.00% | −10,746−15.0% | Reduced |
| Raffles Associates LP | 59,761 | $568.3K | 0.69% | −10,000−14.3% | Reduced |
| Quinn Opportunity Partners LLC | 56,063 | $533.2K | 0.04% | +56,063 | New |
| Boston Partners | 54,966 | $522.7K | 0.00% | +2,153+4.1% | Added |
| Bank of America Corp | 54,824 | $521.4K | 0.00% | +29,333+115.1% | Added |
| Jane Street Group, LLC | 48,873 | $464.8K | 0.00% | +26,066+114.3% | Added |
| DHK Financial Advisors, Inc. | 47,652 | $453.2K | 0.25% | +700+1.5% | Added |
| Two Sigma Investments, LP | 43,874 | $417.2K | 0.00% | −967−2.2% | Reduced |
| GatePass Capital, LLC | 40,486 | $385.0K | 0.29% | 00.0% | Unchanged |
| Rhumbline Advisers | 38,872 | $369.7K | 0.00% | +2,108+5.7% | Added |
| Campbell & CO Investment Adviser LLC | 37,766 | $359.2K | 0.03% | +1,513+4.2% | Added |
| Susquehanna International Group, LLP | 36,202 | $344.3K | 0.00% | −20,991−36.7% | Reduced |
| State of Wisconsin Investment Board | 31,175 | $296.5K | 0.00% | +17,514+128.2% | Added |
| Invesco Ltd. | 29,898 | $284.3K | 0.00% | −5,225−14.9% | Reduced |
| Barclays PLC | 29,816 | $283.6K | 0.00% | −13,664−31.4% | Reduced |
| Panagora Asset Management Inc | 28,237 | $268.5K | 0.00% | +6,523+30.0% | Added |
| Qube Research & Technologies Ltd | 28,208 | $268.3K | 0.00% | −89,592−76.1% | Reduced |
| Squarepoint Ops LLC | 27,412 | $260.7K | 0.00% | +17,372+173.0% | Added |
| Stephens Inc | 25,185 | $239.5K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 21,742 | $206.8K | 0.00% | −3,255−13.0% | Reduced |
| Oppenheimer Asset Management Inc. | 20,945 | $199.2K | 0.00% | +4,473+27.2% | Added |
| Orchard Capital Managment, LLC | 20,888 | $198.6K | 0.14% | 00.0% | Unchanged |
| LPL Financial LLC | 20,087 | $191.0K | 0.00% | +477+2.4% | Added |
| Citigroup Inc | 19,603 | $186.4K | 0.00% | −2,388−10.9% | Reduced |
| Franklin Resources Inc | 19,314 | $183.7K | 0.00% | +19,314 | New |
| Level Four Advisory Services, LLC | 18,869 | $179.4K | 0.01% | +18,869 | New |
| Intech Investment Management LLC | 18,232 | $173.4K | 0.00% | +5,015+37.9% | Added |
| Kovitz Investment Group Partners, LLC | 17,394 | $165.4K | 0.00% | 00.0% | Unchanged |
| Divisadero Street Capital Management, LP | 17,000 | $161.7K | 0.02% | 00.0% | Unchanged |
| Dynamic Technology Lab Private Ltd | 16,641 | $158.0K | 0.02% | +16,641 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 16,565 | $157.5K | 0.00% | +702+4.4% | Added |
| State of Wyoming | 16,337 | $155.4K | 0.02% | +9,325+133.0% | Added |
| UBS Group AG | 16,033 | $152.5K | 0.00% | −28,816−64.3% | Reduced |
| Engineers Gate Manager LP | 15,852 | $150.8K | 0.00% | +15,852 | New |
| MetLife Investment Management | 15,617 | $148.5K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 14,464 | $137.6K | 0.00% | −83,660−85.3% | Reduced |
| Corebridge Financial, Inc. | 13,449 | $127.9K | 0.00% | −200−1.5% | Reduced |
| Wells Fargo & Company | 13,171 | $125.3K | 0.00% | +288+2.2% | Added |
| Price T Rowe Associates Inc | 11,826 | $113.0K | 0.00% | +1,479+14.3% | Added |
| XTX Topco Ltd | 11,255 | $107.0K | 0.01% | −26,987−70.6% | Reduced |
| Zacks Investment Management | 10,827 | $103.0K | 0.00% | +10,827 | New |
| FMR LLC | 9,623 | $91.5K | 0.00% | +878+10.0% | Added |
| New York State Common Retirement Fund | 9,420 | $89.6K | 0.00% | 00.0% | Unchanged |
| AdvisorShares Investments LLC | 8,500 | $83.4K | 0.02% | +8,500 | New |
| Quest Partners LLC | 6,004 | $57.1K | 0.01% | +6,004 | New |
| Police & Firemen's Retirement System of New Jersey | 5,831 | $55.5K | 0.00% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 5,239 | $49.8K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 3,786 | $36.0K | 0.00% | +957+33.8% | Added |
| Legal & General Group Plc | 3,133 | $29.8K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 2,950 | $28.1K | 0.00% | +2,350+391.7% | Added |
| Ameritas Investment Partners, Inc. | 2,155 | $20.5K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 1,989 | $18.9K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 1,651 | $15.7K | 0.00% | −4,822−74.5% | Reduced |
| Royal Bank of Canada | 1,356 | $13.0K | 0.00% | −3,168−70.0% | Reduced |
| Tower Research Capital LLC (TRC) | 1,232 | $11.7K | 0.00% | +74+6.4% | Added |
| SBI Securities Co., Ltd. | 1,010 | $9.61K | 0.00% | +10+1.0% | Added |
| North Star Investment Management Corp. | 1,000 | $9.51K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 900 | $8.56K | 0.00% | 00.0% | Unchanged |