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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
Fortis Group Advisors, LLC20$2450.00%00.0%Unchanged
The PNC Financial Services Group, Inc.27$3310.00%+27New
Clearstead Advisors, LLC30$3680.00%+30New
Essential Partners LLC31$3800.00%+31New
Transce3nd, LLC35$4290.00%00.0%Unchanged
EverSource Wealth Advisors, LLC90$1.10K0.00%+76+542.9%Added
Rothschild Investment LLC105$1.29K0.00%+55+110.0%Added
Sterling Capital Management LLC137$1.68K0.00%+109+389.3%Added
Nisa Investment Advisors, LLC178$2.18K0.00%00.0%Unchanged
GAMMA Investing LLC514$6.30K0.00%−223−30.3%Reduced
Comerica Bank514$6.30K0.00%00.0%Unchanged
Versant Capital Management, Inc708$8.67K0.00%−143−16.8%Reduced
MCF Advisors LLC764$9.36K0.00%00.0%Unchanged
Fifth Third Bancorp800$9.80K0.00%00.0%Unchanged
Amalgamated Bank880$11.0K0.00%00.0%Unchanged
Raymond James Financial Inc900$11.0K0.00%+900New
New York State Common Retirement Fund920$11.3K0.00%−8,500−90.2%Reduced
IFP Advisors, Inc890$12.2K0.00%−10−1.1%Reduced
SBI Securities Co., Ltd.1,015$12.4K0.00%+5+0.5%Added
CWM, LLC1,273$16.0K0.00%+603+90.0%Added
California State Teachers Retirement System1,989$24.4K0.00%00.0%Unchanged
North Star Investment Management Corp.2,000$24.5K0.00%+1,000+100.0%Added
Ameritas Investment Partners, Inc.2,155$26.4K0.00%00.0%Unchanged
New York State Teachers Retirement System2,494$31.0K0.00%+2,494New
BNP Paribas Arbitrage, SA2,532$31.0K0.00%+881+53.4%Added
Legal & General Group Plc2,794$34.2K0.00%−339−10.8%Reduced
Tower Research Capital LLC (TRC)3,205$39.3K0.00%+1,973+160.1%Added
Advisor Group Holdings, Inc.3,282$40.2K0.00%+332+11.3%Added
Salem Investment Counselors Inc5,239$64.2K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey5,831$71.4K0.00%00.0%Unchanged
State of Wyoming5,936$72.7K0.01%−10,401−63.7%Reduced
Simplex Trading, LLC8,140$99.0K0.00%+8,140New
AdvisorShares Investments LLC8,500$104.1K0.02%00.0%Unchanged
Citigroup Inc9,092$111.4K0.00%−10,511−53.6%Reduced
FMR LLC9,940$121.8K0.00%+317+3.3%Added
Two Sigma Advisers, LP10,800$132.3K0.00%+10,800New
Zacks Investment Management10,827$132.6K0.00%00.0%Unchanged
Quantinno Capital Management LP11,049$135.3K0.00%+11,049New
Alliancebernstein L.P.11,170$136.8K0.00%+11,170New
Kapitalo Investimentos Ltda11,382$139.4K0.03%+11,382New
HRT Financial LP11,684$143.0K0.00%+11,684New
JPMorgan Chase & Co12,139$148.7K0.00%−2,325−16.1%Reduced
Price T Rowe Associates Inc12,784$157.0K0.00%+958+8.1%Added
Wells Fargo & Company13,591$166.5K0.00%+420+3.2%Added
Mirae Asset Global ETFs Holdings Ltd.13,979$171.2K0.00%−2,586−15.6%Reduced
MetLife Investment Management15,142$185.5K0.00%−475−3.0%Reduced
ExodusPoint Capital Management, LP15,687$192.0K0.00%+15,687New
Intech Investment Management LLC15,831$193.9K0.00%−2,401−13.2%Reduced
Engineers Gate Manager LP16,115$197.4K0.00%+263+1.7%Added
Divisadero Street Capital Management, LP17,000$208.3K0.01%00.0%Unchanged
Deutsche Bank AG17,059$209.0K0.00%−4,683−21.5%Reduced
Kovitz Investment Group Partners, LLC17,394$213.1K0.00%00.0%Unchanged
Boothbay Fund Management, LLC17,856$218.7K0.01%−54,183−75.2%Reduced
LPL Financial LLC19,357$237.1K0.00%−730−3.6%Reduced
Franklin Resources Inc19,613$240.3K0.00%+299+1.5%Added
Prudential Financial Inc19,726$241.6K0.00%+19,726New
Oppenheimer Asset Management Inc.20,446$250.5K0.00%−499−2.4%Reduced
Orchard Capital Managment, LLC20,888$255.9K0.28%00.0%Unchanged
XTX Topco Ltd20,953$256.7K0.01%+9,698+86.2%Added
Stephens Inc25,098$307.5K0.00%−87−0.3%Reduced
Invesco Ltd.26,938$330.0K0.00%−2,960−9.9%Reduced
Qube Research & Technologies Ltd27,020$331.0K0.00%−1,188−4.2%Reduced
State of Wisconsin Investment Board28,451$348.5K0.00%−2,724−8.7%Reduced
Millennium Management LLC29,348$359.5K0.00%−67,131−69.6%Reduced
Jane Street Group, LLC32,026$392.3K0.00%−16,847−34.5%Reduced
Rhumbline Advisers38,009$465.6K0.00%−863−2.2%Reduced
Two Sigma Investments, LP42,070$515.4K0.00%−1,804−4.1%Reduced
UBS Group AG45,721$560.1K0.00%+29,688+185.2%Added
Barclays PLC46,098$564.7K0.00%+16,282+54.6%Added
DHK Financial Advisors, Inc.47,652$583.7K0.34%00.0%Unchanged
Northern Right Capital Management, L.P.48,147$589.8K0.20%+48,147New
Quinn Opportunity Partners LLC49,703$608.9K0.05%−6,360−11.3%Reduced
Dynamic Technology Lab Private Ltd52,256$640.0K0.09%+35,615+214.0%Added
Boston Partners54,966$673.3K0.00%00.0%Unchanged
Raffles Associates LP59,761$732.1K0.76%00.0%Unchanged
Susquehanna International Group, LLP60,798$744.8K0.00%+24,596+67.9%Added
Assenagon Asset Management S.A.60,972$746.9K0.00%00.0%Unchanged
Goldman Sachs Group Inc61,120$748.7K0.00%−12,394−16.9%Reduced
Bridgeway Capital Management, LLC62,100$760.7K0.02%00.0%Unchanged
GatePass Capital, LLC65,486$802.2K0.53%+25,000+61.7%Added
Legato Capital Management LLC65,701$804.8K0.10%−161−0.2%Reduced
Bank of New York Mellon Corp66,562$815.4K0.00%+562+0.9%Added
Royal Bank of Canada69,681$854.0K0.00%+68,325+5,038.7%Added
Fortis Advisors, LLC69,969$857.1K0.55%00.0%Unchanged
Victory Capital Management Inc71,950$881.4K0.00%−2,250−3.0%Reduced
Squarepoint Ops LLC73,169$896.3K0.00%+45,757+166.9%Added
Charles Schwab Investment Management Inc75,725$927.6K0.00%−3,420−4.3%Reduced
Gsa Capital Partners LLP78,277$959.0K0.07%+78,277New
AQR Capital Management LLC79,678$976.1K0.00%+14,140+21.6%Added
Morgan Stanley85,963$1.05M0.00%+7,791+10.0%Added
Bank of America Corp86,277$1.06M0.00%+31,453+57.4%Added
Panagora Asset Management Inc86,478$1.06M0.00%+58,241+206.3%Added
Tectonic Advisors LLC89,004$1.09M0.06%+1,039+1.2%Added
Trexquant Investment LP97,016$1.19M0.01%+18,193+23.1%Added
1492 Capital Management LLC114,297$1.40M0.64%+114,297New
Manatuck Hill Partners, LLC153,100$1.88M0.71%−15,400−9.1%Reduced
Cerity Partners LLC208,724$2.56M0.00%−69,326−24.9%Reduced
Essex Investment Management Co LLC220,446$2.70M0.49%−1,456−0.7%Reduced
Hodges Capital Management Inc.227,111$2.78M0.27%−10,274−4.3%Reduced
Nuveen, LLC236,515$2.90M0.00%−66,543−22.0%Reduced