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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.

Q3 2025 vs. Q2 2025

How the institutions holding Potbelly Corp changed between Q2 2025 and Q3 2025.

All holders in Q3 2025All holders in Q2 2025

13F holders of PBPB: Q2 2025 compared with Q3 2025
MeasureQ2 2025Of which not filed for Q3 2025Q3 2025Change
Holders1251132+8
Shares23.5M47.7K25.9M+2.45M (+10.5%)
Value$287.3M$583.7K$440.6M+$153.9M (+53.7%)

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (45)

Institutions that held Potbelly Corp at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to PBPB in Q3 2025
InstitutionSharesValue% of portfolio
Glazer Capital, LLC1,631,301$27.8M0.93%
Water Island Capital LLC1,351,588$23.0M3.30%
FIL Ltd1,210,426$20.6M0.02%
Balyasny Asset Management LLC1,150,782$19.6M0.04%
Versor Investments LP1,057,265$18.0M3.32%
Vivaldi Asset Management, LLC857,701$14.6M0.94%
Alpine Associates Management Inc.524,296$8.93M0.54%
Gabelli Funds LLC444,300$7.57M0.05%
Gabelli & Co Investment Advisers, Inc.386,200$6.58M1.06%
Oddo BHF Asset Management SAS117,909$2.01M0.08%
Virtu Financial LLC111,453$1.90M0.11%
Morningstar Investment Management LLC102,917$1.75M0.06%
Centiva Capital, LP100,000$1.70M0.16%
Allianz Asset Management GmbH87,500$1.49M0.00%
Groupe la Francaise82,200$1.40M0.02%
BCK Capital Management LP81,610$1.39M1.48%
First Trust Advisors LP80,280$1.37M0.00%
Credit Industriel Et Commercial61,403$1.05M0.17%
Abc Arbitrage SA59,987$1.02M0.10%
Quantessence Capital LLC52,024$886.5K0.28%
Prelude Capital Management, LLC44,312$755.1K0.06%
Oxford Asset Management LLP36,668$624.8K0.20%
Sagefield Capital LP35,110$598.3K0.07%
Verition Fund Management LLC30,758$524.1K0.00%
Principal Financial Group Inc30,048$512.0K0.00%
Gardner Lewis Asset Management L P26,196$446.4K0.12%
D. E. Shaw & Co., Inc.24,194$412.3K0.00%
Soros Fund Management LLCSuperinvestorSoros Fund Management23,400$398.7K0.01%
SG Americas Securities, LLC22,275$380.0K0.00%
Skandinaviska Enskilda Banken AB (publ)22,253$379.2K0.00%
Point72 Asia (Singapore) Pte. Ltd.18,977$323.4K0.05%
Guggenheim Capital LLC12,522$213.4K0.00%
PenderFund Capital Management Ltd.10,900$185.7K0.03%
Wolverine Asset Management LLC10,316$175.8K0.00%
Commonwealth of Pennsylvania Public School Empls Retrmt Sys10,000$170.4K0.00%
Advisory Services Network, LLC3,500$59.6K0.00%
Quantbot Technologies LP3,075$52.4K0.00%
State of Alaska, Department of Revenue1,592$27.0K0.00%
Quest Partners LLC1,302$22.2K0.00%
SRS Capital Advisors, Inc.819$14.0K0.00%
Quarry LP277$4.72K0.00%
Allworth Financial LP232$3.95K0.00%
Optiver Holding B.V.226$3.85K0.00%
Parallel Advisors, LLC31$5280.00%
Point72 Europe (London) LLP26$4440.00%

Sold out (37)

Institutions that held Potbelly Corp at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of PBPB in Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
Portolan Capital Management, LLC1,667,702$20.4M
First Eagle Investment Management, LLC989,028$12.1M
Western Standard LLC927,593$11.4M
Silvercrest Asset Management Group LLC639,649$7.84M
Next Century Growth Investors LLC603,003$7.39M
Archon Capital Management LLC546,417$6.69M
Marshall Wace, LLP383,360$4.70M
Soviero Asset Management, LP240,000$2.94M
Hodges Capital Management Inc.227,111$2.78M
Essex Investment Management Co LLC220,446$2.70M
Manatuck Hill Partners, LLC153,100$1.88M
1492 Capital Management LLC114,297$1.40M
Tectonic Advisors LLC89,004$1.09M
Gsa Capital Partners LLP78,277$959.0K
Legato Capital Management LLC65,701$804.8K
GatePass Capital, LLC65,486$802.2K
Bridgeway Capital Management, LLC62,100$760.7K
Raffles Associates LP59,761$732.1K
Boston Partners54,966$673.3K
Dynamic Technology Lab Private Ltd52,256$640.0K
Northern Right Capital Management, L.P.48,147$589.8K
Two Sigma Investments, LP42,070$515.4K
State of Wisconsin Investment Board28,451$348.5K
Oppenheimer Asset Management Inc.20,446$250.5K
Prudential Financial Inc19,726$241.6K
Boothbay Fund Management, LLC17,856$218.7K
Engineers Gate Manager LP16,115$197.4K
Intech Investment Management LLC15,831$193.9K
ExodusPoint Capital Management, LP15,687$192.0K
HRT Financial LP11,684$143.0K
Kapitalo Investimentos Ltda11,382$139.4K
Two Sigma Advisers, LP10,800$132.3K
Simplex Trading, LLC8,140$99.0K
Raymond James Financial Inc900$11.0K
Fifth Third Bancorp800$9.80K
MCF Advisors LLC764$9.36K
Transce3nd, LLC35$429

Not filed for Q3 2025 yet (1)

Institutions that held Potbelly Corp at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding PBPB in Q2 2025 that haven't filed for Q3 2025
InstitutionShares, Q2 2025Value, Q2 2025
DHK Financial Advisors, Inc.47,652$583.7K