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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 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.

Institutional holdersQ1 2025: 115 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 2025: $208.9M
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 2025

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q4 2024.

Institutions holding PBPB in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
EverSource Wealth Advisors, LLC14$1330.00%+14New
Fortis Group Advisors, LLC20$1900.00%00.0%Unchanged
Sterling Capital Management LLC28$2660.00%00.0%Unchanged
Transce3nd, LLC35$3330.00%−29−45.3%Reduced
Rothschild Investment LLC50$4760.00%00.0%Unchanged
Nisa Investment Advisors, LLC178$1.69K0.00%00.0%Unchanged
Group One Trading, L.P.400$3.80K0.00%+400New
Comerica Bank514$4.89K0.00%+366+247.3%Added
CWM, LLC670$6.00K0.00%+294+78.2%Added
GAMMA Investing LLC737$7.01K0.00%+481+187.9%Added
MCF Advisors LLC764$7.27K0.00%+554+263.8%Added
Fifth Third Bancorp800$7.61K0.00%00.0%Unchanged
Amalgamated Bank880$8.00K0.00%00.0%Unchanged
Versant Capital Management, Inc851$8.09K0.00%00.0%Unchanged
IFP Advisors, Inc900$8.56K0.00%00.0%Unchanged
North Star Investment Management Corp.1,000$9.51K0.00%00.0%Unchanged
SBI Securities Co., Ltd.1,010$9.61K0.00%+10+1.0%Added
Tower Research Capital LLC (TRC)1,232$11.7K0.00%+74+6.4%Added
Royal Bank of Canada1,356$13.0K0.00%−3,168−70.0%Reduced
BNP Paribas Arbitrage, SA1,651$15.7K0.00%−4,822−74.5%Reduced
California State Teachers Retirement System1,989$18.9K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.2,155$20.5K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.2,950$28.1K0.00%+2,350+391.7%Added
Legal & General Group Plc3,133$29.8K0.00%00.0%Unchanged
Aquatic Capital Management LLC3,786$36.0K0.00%+957+33.8%Added
Salem Investment Counselors Inc5,239$49.8K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey5,831$55.5K0.00%00.0%Unchanged
Quest Partners LLC6,004$57.1K0.01%+6,004New
AdvisorShares Investments LLC8,500$83.4K0.02%+8,500New
New York State Common Retirement Fund9,420$89.6K0.00%00.0%Unchanged
FMR LLC9,623$91.5K0.00%+878+10.0%Added
Zacks Investment Management10,827$103.0K0.00%+10,827New
XTX Topco Ltd11,255$107.0K0.01%−26,987−70.6%Reduced
Price T Rowe Associates Inc11,826$113.0K0.00%+1,479+14.3%Added
Wells Fargo & Company13,171$125.3K0.00%+288+2.2%Added
Corebridge Financial, Inc.13,449$127.9K0.00%−200−1.5%Reduced
JPMorgan Chase & Co14,464$137.6K0.00%−83,660−85.3%Reduced
MetLife Investment Management15,617$148.5K0.00%00.0%Unchanged
Engineers Gate Manager LP15,852$150.8K0.00%+15,852New
UBS Group AG16,033$152.5K0.00%−28,816−64.3%Reduced
State of Wyoming16,337$155.4K0.02%+9,325+133.0%Added
Mirae Asset Global ETFs Holdings Ltd.16,565$157.5K0.00%+702+4.4%Added
Dynamic Technology Lab Private Ltd16,641$158.0K0.02%+16,641New
Divisadero Street Capital Management, LP17,000$161.7K0.02%00.0%Unchanged
Kovitz Investment Group Partners, LLC17,394$165.4K0.00%00.0%Unchanged
Intech Investment Management LLC18,232$173.4K0.00%+5,015+37.9%Added
Level Four Advisory Services, LLC18,869$179.4K0.01%+18,869New
Franklin Resources Inc19,314$183.7K0.00%+19,314New
Citigroup Inc19,603$186.4K0.00%−2,388−10.9%Reduced
LPL Financial LLC20,087$191.0K0.00%+477+2.4%Added
Orchard Capital Managment, LLC20,888$198.6K0.14%00.0%Unchanged
Oppenheimer Asset Management Inc.20,945$199.2K0.00%+4,473+27.2%Added
Deutsche Bank AG21,742$206.8K0.00%−3,255−13.0%Reduced
Stephens Inc25,185$239.5K0.00%00.0%Unchanged
Squarepoint Ops LLC27,412$260.7K0.00%+17,372+173.0%Added
Qube Research & Technologies Ltd28,208$268.3K0.00%−89,592−76.1%Reduced
Panagora Asset Management Inc28,237$268.5K0.00%+6,523+30.0%Added
Barclays PLC29,816$283.6K0.00%−13,664−31.4%Reduced
Invesco Ltd.29,898$284.3K0.00%−5,225−14.9%Reduced
State of Wisconsin Investment Board31,175$296.5K0.00%+17,514+128.2%Added
Susquehanna International Group, LLP36,202$344.3K0.00%−20,991−36.7%Reduced
Campbell & CO Investment Adviser LLC37,766$359.2K0.03%+1,513+4.2%Added
Rhumbline Advisers38,872$369.7K0.00%+2,108+5.7%Added
GatePass Capital, LLC40,486$385.0K0.29%00.0%Unchanged
Two Sigma Investments, LP43,874$417.2K0.00%−967−2.2%Reduced
DHK Financial Advisors, Inc.47,652$453.2K0.25%+700+1.5%Added
Jane Street Group, LLC48,873$464.8K0.00%+26,066+114.3%Added
Bank of America Corp54,824$521.4K0.00%+29,333+115.1%Added
Boston Partners54,966$522.7K0.00%+2,153+4.1%Added
Quinn Opportunity Partners LLC56,063$533.2K0.04%+56,063New
Raffles Associates LP59,761$568.3K0.69%−10,000−14.3%Reduced
Assenagon Asset Management S.A.60,972$579.8K0.00%−10,746−15.0%Reduced
Bridgeway Capital Management, LLC62,100$590.6K0.01%+1,400+2.3%Added
AQR Capital Management LLC65,538$623.3K0.00%+65,538New
Legato Capital Management LLC65,862$626.3K0.08%+65,862New
Bank of New York Mellon Corp66,000$627.7K0.00%+1,662+2.6%Added
Fortis Advisors, LLC69,969$665.4K0.43%00.0%Unchanged
Boothbay Fund Management, LLC72,039$685.1K0.02%−19,520−21.3%Reduced
Goldman Sachs Group Inc73,514$699.1K0.00%−71,710−49.4%Reduced
Victory Capital Management Inc74,200$705.6K0.00%−27,465−27.0%Reduced
Morgan Stanley78,172$743.4K0.00%−57,109−42.2%Reduced
Trexquant Investment LP78,823$749.6K0.01%−9,153−10.4%Reduced
Charles Schwab Investment Management Inc79,145$752.7K0.00%+2,620+3.4%Added
Tectonic Advisors LLC87,965$836.5K0.05%−12,582−12.5%Reduced
Millennium Management LLC96,479$917.5K0.00%−303,391−75.9%Reduced
Manatuck Hill Partners, LLC168,500$1.60M0.74%+168,500New
Marshall Wace, LLP173,460$1.65M0.00%−22,315−11.4%Reduced
Northern Trust Corp218,332$2.08M0.00%−5,419−2.4%Reduced
Essex Investment Management Co LLC221,902$2.11M0.44%+221,902New
Hodges Capital Management Inc.237,385$2.26M0.23%−302,530−56.0%Reduced
Cerity Partners LLC278,050$2.64M0.01%+353+0.1%Added
Russell Investments Group, Ltd.289,004$2.75M0.00%−16,138−5.3%Reduced
CenterBook Partners LP302,088$2.87M0.18%+302,088New
Ancora Advisors, LLC326,721$3.11M0.07%−147,932−31.2%Reduced
Arrowstreet Capital, Limited Partnership337,933$3.21M0.00%−13,338−3.8%Reduced
Soviero Asset Management, LP383,000$3.64M4.24%−93,000−19.5%Reduced
American Century Companies Inc386,430$3.67M0.00%+239,283+162.6%Added
Citadel Advisors LLC420,623$4.00M0.00%+248,429+144.3%Added
Dimensional Fund Advisors LP502,839$4.78M0.00%+3,090+0.6%Added
Monimus Capital Management, LP505,944$4.81M4.08%−14,315−2.8%Reduced