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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, Q4 2025

Institutional positions in Potbelly Corp as of Dec 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

PBPB is no longer listed, and 13F filings after Q3 2025 list far fewer holders. See Q3 2025

Institutional holders
1
−129 vs. Q3 2025
Shares held
951
−25.8M (−100.0%) vs. Q3 2025
Total value
$16.3K
−$440.2M (−100.0%) vs. Q3 2025
New holders
0
0 more added
Sold out
129
0 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 1 institution
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 heldQ4 2025: $16.3K
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, Q4 2025

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q3 2025.

Institutions holding PBPB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IFP Advisors, Inc951$16.3K0.00%00.0%Unchanged
Nierenberg Investment Management Company, Inc.0$00.00%−2,980,564−100.0%Sold out
BlackRock, Inc.0$00.00%−2,009,653−100.0%Sold out
Glazer Capital, LLC0$00.00%−1,631,301−100.0%Sold out
Vanguard Group Inc0$00.00%−1,450,355−100.0%Sold out
Water Island Capital LLC0$00.00%−1,351,588−100.0%Sold out
FIL Ltd0$00.00%−1,210,426−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−1,150,782−100.0%Sold out
Renaissance Technologies LLC0$00.00%−1,112,954−100.0%Sold out
Versor Investments LP0$00.00%−1,057,265−100.0%Sold out
Vivaldi Asset Management, LLC0$00.00%−857,701−100.0%Sold out
American Century Companies Inc0$00.00%−613,554−100.0%Sold out
Geode Capital Management, LLC0$00.00%−612,785−100.0%Sold out
Monimus Capital Management, LP0$00.00%−582,325−100.0%Sold out
State Street Corp0$00.00%−526,332−100.0%Sold out
Alpine Associates Management Inc.0$00.00%−524,296−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−492,537−100.0%Sold out
Gabelli Funds LLC0$00.00%−444,300−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−429,743−100.0%Sold out
Heartland Advisors Inc0$00.00%−400,000−100.0%Sold out
Gabelli & Co Investment Advisers, Inc.0$00.00%−386,200−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−369,075−100.0%Sold out
Bank of America Corp0$00.00%−347,831−100.0%Sold out
JPMorgan Chase & Co0$00.00%−339,576−100.0%Sold out
Punch & Associates Investment Management, Inc.0$00.00%−338,779−100.0%Sold out
Morgan Stanley0$00.00%−333,313−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−259,584−100.0%Sold out
Northern Trust Corp0$00.00%−257,096−100.0%Sold out
Millennium Management LLC0$00.00%−244,479−100.0%Sold out
Nuveen, LLC0$00.00%−221,917−100.0%Sold out
UBS Group AG0$00.00%−203,338−100.0%Sold out
Assenagon Asset Management S.A.0$00.00%−188,560−100.0%Sold out
Cerity Partners LLC0$00.00%−186,166−100.0%Sold out
AQR Capital Management LLC0$00.00%−144,420−100.0%Sold out
Oddo BHF Asset Management SAS0$00.00%−117,909−100.0%Sold out
Jane Street Group, LLC0$00.00%−116,883−100.0%Sold out
Virtu Financial LLC0$00.00%−111,453−100.0%Sold out
Morningstar Investment Management LLC0$00.00%−102,917−100.0%Sold out
Centiva Capital, LP0$00.00%−100,000−100.0%Sold out
Russell Investments Group, Ltd.0$00.00%−96,927−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−87,500−100.0%Sold out
Groupe la Francaise0$00.00%−82,200−100.0%Sold out
BCK Capital Management LP0$00.00%−81,610−100.0%Sold out
First Trust Advisors LP0$00.00%−80,280−100.0%Sold out
Charles Schwab Investment Management Inc0$00.00%−75,725−100.0%Sold out
Fortis Advisors, LLC0$00.00%−69,969−100.0%Sold out
Bank of New York Mellon Corp0$00.00%−65,151−100.0%Sold out
CenterBook Partners LP0$00.00%−63,406−100.0%Sold out
Victory Capital Management Inc0$00.00%−62,000−100.0%Sold out
Credit Industriel Et Commercial0$00.00%−61,403−100.0%Sold out
Panagora Asset Management Inc0$00.00%−60,369−100.0%Sold out
Abc Arbitrage SA0$00.00%−59,987−100.0%Sold out
Royal Bank of Canada0$00.00%−57,076−100.0%Sold out
Quantessence Capital LLC0$00.00%−52,024−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−44,312−100.0%Sold out
Trexquant Investment LP0$00.00%−44,065−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−40,335−100.0%Sold out
Citadel Advisors LLC0$00.00%−38,969−100.0%Sold out
Barclays PLC0$00.00%−36,896−100.0%Sold out
Oxford Asset Management LLP0$00.00%−36,668−100.0%Sold out
Rhumbline Advisers0$00.00%−36,429−100.0%Sold out
Squarepoint Ops LLC0$00.00%−35,303−100.0%Sold out
Sagefield Capital LP0$00.00%−35,110−100.0%Sold out
Verition Fund Management LLC0$00.00%−30,758−100.0%Sold out
Principal Financial Group Inc0$00.00%−30,048−100.0%Sold out
Gardner Lewis Asset Management L P0$00.00%−26,196−100.0%Sold out
State of Wyoming0$00.00%−24,610−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−24,194−100.0%Sold out
Soros Fund Management LLCSuperinvestorSoros Fund Management0$00.00%−23,400−100.0%Sold out
Franklin Resources Inc0$00.00%−23,207−100.0%Sold out
SG Americas Securities, LLC0$00.00%−22,275−100.0%Sold out
Skandinaviska Enskilda Banken AB (publ)0$00.00%−22,253−100.0%Sold out
Invesco Ltd.0$00.00%−21,546−100.0%Sold out
Orchard Capital Managment, LLC0$00.00%−20,888−100.0%Sold out
Stephens Inc0$00.00%−20,098−100.0%Sold out
Quinn Opportunity Partners LLC0$00.00%−20,000−100.0%Sold out
LPL Financial LLC0$00.00%−18,917−100.0%Sold out
XTX Topco Ltd0$00.00%−17,714−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−17,707−100.0%Sold out
Deutsche Bank AG0$00.00%−17,059−100.0%Sold out
Quantinno Capital Management LP0$00.00%−17,044−100.0%Sold out
Divisadero Street Capital Management, LP0$00.00%−17,000−100.0%Sold out
Wells Fargo & Company0$00.00%−16,155−100.0%Sold out
MetLife Investment Management0$00.00%−15,142−100.0%Sold out
Price T Rowe Associates Inc0$00.00%−13,483−100.0%Sold out
Guggenheim Capital LLC0$00.00%−12,522−100.0%Sold out
AdvisorShares Investments LLC0$00.00%−12,500−100.0%Sold out
Mirae Asset Global ETFs Holdings Ltd.0$00.00%−11,667−100.0%Sold out
Alliancebernstein L.P.0$00.00%−11,170−100.0%Sold out
PenderFund Capital Management Ltd.0$00.00%−10,900−100.0%Sold out
Zacks Investment Management0$00.00%−10,827−100.0%Sold out
FMR LLC0$00.00%−10,505−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−10,316−100.0%Sold out
Commonwealth of Pennsylvania Public School Empls Retrmt Sys0$00.00%−10,000−100.0%Sold out
New York State Common Retirement Fund0$00.00%−8,520−100.0%Sold out
Police & Firemen's Retirement System of New Jersey0$00.00%−8,048−100.0%Sold out
Salem Investment Counselors Inc0$00.00%−5,239−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−4,996−100.0%Sold out
CWM, LLC0$00.00%−4,130−100.0%Sold out
Advisory Services Network, LLC0$00.00%−3,500−100.0%Sold out