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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 2025

Institutional positions in Potbelly Corp as of Jun 30, 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
125
+10 vs. Q1 2025
Shares held
23.5M
+1.18M (+5.3%) vs. Q1 2025
Total value
$287.3M
+$78.3M (+37.5%) vs. Q1 2025
New holders
16
42 more added
Sold out
6
43 more reduced

Compare with Q1 2025: 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 2025: 125 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 2025: $287.3M
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 2025

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q1 2025.

Institutions holding PBPB in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Nierenberg Investment Management Company, Inc.2,980,564$36.5M21.31%00.0%Unchanged
BlackRock, Inc.1,894,202$23.2M0.00%−90,973−4.6%Reduced
Portolan Capital Management, LLC1,667,702$20.4M1.28%+391,090+30.6%Added
Vanguard Group Inc1,423,239$17.4M0.00%+1,341+0.1%Added
Renaissance Technologies LLC1,113,554$13.6M0.02%−13,100−1.2%Reduced
First Eagle Investment Management, LLC989,028$12.1M0.02%−11,000−1.1%Reduced
Punch & Associates Investment Management, Inc.954,334$11.7M0.72%+116,979+14.0%Added
Western Standard LLC927,593$11.4M6.32%+226,270+32.3%Added
Heartland Advisors Inc765,700$9.38M0.52%−1,000−0.1%Reduced
Monimus Capital Management, LP671,095$8.22M6.60%+165,151+32.6%Added
Silvercrest Asset Management Group LLC639,649$7.84M0.05%00.0%Unchanged
Geode Capital Management, LLC608,278$7.45M0.00%−16,039−2.6%Reduced
Next Century Growth Investors LLC603,003$7.39M0.57%−15,588−2.5%Reduced
Archon Capital Management LLC546,417$6.69M5.49%+18,000+3.4%Added
State Street Corp525,521$6.44M0.00%+3,622+0.7%Added
Dimensional Fund Advisors LP509,119$6.24M0.00%+6,280+1.2%Added
American Century Companies Inc471,237$5.77M0.00%+84,807+21.9%Added
Arrowstreet Capital, Limited Partnership445,780$5.46M0.00%+107,847+31.9%Added
Marshall Wace, LLP383,360$4.70M0.01%+209,900+121.0%Added
Ancora Advisors, LLC332,912$4.08M0.08%+6,191+1.9%Added
Citadel Advisors LLC315,749$3.87M0.00%−104,874−24.9%Reduced
Northern Trust Corp261,610$3.20M0.00%+43,278+19.8%Added
CenterBook Partners LP254,983$3.12M0.17%−47,105−15.6%Reduced
Russell Investments Group, Ltd.250,719$3.07M0.00%−38,285−13.2%Reduced
Soviero Asset Management, LP240,000$2.94M2.16%−143,000−37.3%Reduced
Nuveen, LLC236,515$2.90M0.00%−66,543−22.0%Reduced
Hodges Capital Management Inc.227,111$2.78M0.27%−10,274−4.3%Reduced
Essex Investment Management Co LLC220,446$2.70M0.49%−1,456−0.7%Reduced
Cerity Partners LLC208,724$2.56M0.00%−69,326−24.9%Reduced
Manatuck Hill Partners, LLC153,100$1.88M0.71%−15,400−9.1%Reduced
1492 Capital Management LLC114,297$1.40M0.64%+114,297New
Trexquant Investment LP97,016$1.19M0.01%+18,193+23.1%Added
Tectonic Advisors LLC89,004$1.09M0.06%+1,039+1.2%Added
Panagora Asset Management Inc86,478$1.06M0.00%+58,241+206.3%Added
Bank of America Corp86,277$1.06M0.00%+31,453+57.4%Added
Morgan Stanley85,963$1.05M0.00%+7,791+10.0%Added
AQR Capital Management LLC79,678$976.1K0.00%+14,140+21.6%Added
Gsa Capital Partners LLP78,277$959.0K0.07%+78,277New
Charles Schwab Investment Management Inc75,725$927.6K0.00%−3,420−4.3%Reduced
Squarepoint Ops LLC73,169$896.3K0.00%+45,757+166.9%Added
Victory Capital Management Inc71,950$881.4K0.00%−2,250−3.0%Reduced
Fortis Advisors, LLC69,969$857.1K0.55%00.0%Unchanged
Royal Bank of Canada69,681$854.0K0.00%+68,325+5,038.7%Added
Bank of New York Mellon Corp66,562$815.4K0.00%+562+0.9%Added
Legato Capital Management LLC65,701$804.8K0.10%−161−0.2%Reduced
GatePass Capital, LLC65,486$802.2K0.53%+25,000+61.7%Added
Bridgeway Capital Management, LLC62,100$760.7K0.02%00.0%Unchanged
Goldman Sachs Group Inc61,120$748.7K0.00%−12,394−16.9%Reduced
Assenagon Asset Management S.A.60,972$746.9K0.00%00.0%Unchanged
Susquehanna International Group, LLP60,798$744.8K0.00%+24,596+67.9%Added
Raffles Associates LP59,761$732.1K0.76%00.0%Unchanged
Boston Partners54,966$673.3K0.00%00.0%Unchanged
Dynamic Technology Lab Private Ltd52,256$640.0K0.09%+35,615+214.0%Added
Quinn Opportunity Partners LLC49,703$608.9K0.05%−6,360−11.3%Reduced
Northern Right Capital Management, L.P.48,147$589.8K0.20%+48,147New
DHK Financial Advisors, Inc.47,652$583.7K0.34%00.0%Unchanged
Barclays PLC46,098$564.7K0.00%+16,282+54.6%Added
UBS Group AG45,721$560.1K0.00%+29,688+185.2%Added
Two Sigma Investments, LP42,070$515.4K0.00%−1,804−4.1%Reduced
Rhumbline Advisers38,009$465.6K0.00%−863−2.2%Reduced
Jane Street Group, LLC32,026$392.3K0.00%−16,847−34.5%Reduced
Millennium Management LLC29,348$359.5K0.00%−67,131−69.6%Reduced
State of Wisconsin Investment Board28,451$348.5K0.00%−2,724−8.7%Reduced
Qube Research & Technologies Ltd27,020$331.0K0.00%−1,188−4.2%Reduced
Invesco Ltd.26,938$330.0K0.00%−2,960−9.9%Reduced
Stephens Inc25,098$307.5K0.00%−87−0.3%Reduced
XTX Topco Ltd20,953$256.7K0.01%+9,698+86.2%Added
Orchard Capital Managment, LLC20,888$255.9K0.28%00.0%Unchanged
Oppenheimer Asset Management Inc.20,446$250.5K0.00%−499−2.4%Reduced
Prudential Financial Inc19,726$241.6K0.00%+19,726New
Franklin Resources Inc19,613$240.3K0.00%+299+1.5%Added
LPL Financial LLC19,357$237.1K0.00%−730−3.6%Reduced
Boothbay Fund Management, LLC17,856$218.7K0.01%−54,183−75.2%Reduced
Kovitz Investment Group Partners, LLC17,394$213.1K0.00%00.0%Unchanged
Deutsche Bank AG17,059$209.0K0.00%−4,683−21.5%Reduced
Divisadero Street Capital Management, LP17,000$208.3K0.01%00.0%Unchanged
Engineers Gate Manager LP16,115$197.4K0.00%+263+1.7%Added
Intech Investment Management LLC15,831$193.9K0.00%−2,401−13.2%Reduced
ExodusPoint Capital Management, LP15,687$192.0K0.00%+15,687New
MetLife Investment Management15,142$185.5K0.00%−475−3.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.13,979$171.2K0.00%−2,586−15.6%Reduced
Wells Fargo & Company13,591$166.5K0.00%+420+3.2%Added
Price T Rowe Associates Inc12,784$157.0K0.00%+958+8.1%Added
JPMorgan Chase & Co12,139$148.7K0.00%−2,325−16.1%Reduced
HRT Financial LP11,684$143.0K0.00%+11,684New
Kapitalo Investimentos Ltda11,382$139.4K0.03%+11,382New
Alliancebernstein L.P.11,170$136.8K0.00%+11,170New
Quantinno Capital Management LP11,049$135.3K0.00%+11,049New
Zacks Investment Management10,827$132.6K0.00%00.0%Unchanged
Two Sigma Advisers, LP10,800$132.3K0.00%+10,800New
FMR LLC9,940$121.8K0.00%+317+3.3%Added
Citigroup Inc9,092$111.4K0.00%−10,511−53.6%Reduced
AdvisorShares Investments LLC8,500$104.1K0.02%00.0%Unchanged
Simplex Trading, LLC8,140$99.0K0.00%+8,140New
State of Wyoming5,936$72.7K0.01%−10,401−63.7%Reduced
Police & Firemen's Retirement System of New Jersey5,831$71.4K0.00%00.0%Unchanged
Salem Investment Counselors Inc5,239$64.2K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.3,282$40.2K0.00%+332+11.3%Added
Tower Research Capital LLC (TRC)3,205$39.3K0.00%+1,973+160.1%Added
Legal & General Group Plc2,794$34.2K0.00%−339−10.8%Reduced