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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, Q3 2025

Institutional positions in Potbelly Corp as of Sep 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

PBPB is no longer listed, so this page shows Q3 2025. 13F filings for later quarters list far fewer holders.

Institutional holders
132
+8 vs. Q2 2025
Shares held
25.9M
+2.45M (+10.5%) vs. Q2 2025
Total value
$440.6M
+$153.9M (+53.7%) vs. Q2 2025
New holders
45
35 more added
Sold out
37
32 more reduced

1 institution that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 132 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 heldQ3 2025: $440.6M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q2 2025.

Institutions holding PBPB in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Comerica Bank13$2170.00%−501−97.5%Reduced
Fortis Group Advisors, LLC20$3410.00%00.0%Unchanged
Point72 Europe (London) LLP26$4440.00%+26New
The PNC Financial Services Group, Inc.27$4600.00%00.0%Unchanged
Parallel Advisors, LLC31$5280.00%+31New
Rothschild Investment LLC105$1.79K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC149$2.54K0.00%+59+65.6%Added
Nisa Investment Advisors, LLC178$3.03K0.00%00.0%Unchanged
Clearstead Advisors, LLC213$3.63K0.00%+183+610.0%Added
Optiver Holding B.V.226$3.85K0.00%+226New
Allworth Financial LP232$3.95K0.00%+232New
Sterling Capital Management LLC242$4.12K0.00%+105+76.6%Added
Essential Partners LLC255$4.34K0.00%+224+722.6%Added
Quarry LP277$4.72K0.00%+277New
GAMMA Investing LLC556$9.47K0.00%+42+8.2%Added
Versant Capital Management, Inc708$12.1K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.819$14.0K0.00%+819New
Amalgamated Bank880$15.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)938$16.0K0.00%−2,267−70.7%Reduced
IFP Advisors, Inc951$16.2K0.00%+61+6.9%Added
Ancora Advisors, LLC1,000$17.0K0.00%−331,912−99.7%Reduced
North Star Investment Management Corp.1,000$17.0K0.00%−1,000−50.0%Reduced
SBI Securities Co., Ltd.1,015$17.3K0.00%00.0%Unchanged
Quest Partners LLC1,302$22.2K0.00%+1,302New
Citigroup Inc1,303$22.2K0.00%−7,789−85.7%Reduced
State of Alaska, Department of Revenue1,592$27.0K0.00%+1,592New
California State Teachers Retirement System1,990$33.9K0.00%+1+0.1%Added
Ameritas Investment Partners, Inc.2,155$36.7K0.00%00.0%Unchanged
New York State Teachers Retirement System2,208$38.0K0.00%−286−11.5%Reduced
Advisor Group Holdings, Inc.3,282$45.9K0.00%00.0%Unchanged
Legal & General Group Plc2,794$47.6K0.00%00.0%Unchanged
Quantbot Technologies LP3,075$52.4K0.00%+3,075New
Advisory Services Network, LLC3,500$59.6K0.00%+3,500New
CWM, LLC4,130$70.0K0.00%+2,857+224.4%Added
BNP Paribas Arbitrage, SA4,996$85.1K0.00%+2,464+97.3%Added
Salem Investment Counselors Inc5,239$89.3K0.00%00.0%Unchanged
Police & Firemen's Retirement System of New Jersey8,048$137.1K0.00%+2,217+38.0%Added
New York State Common Retirement Fund8,520$145.2K0.00%+7,600+826.1%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys10,000$170.4K0.00%+10,000New
Wolverine Asset Management LLC10,316$175.8K0.00%+10,316New
FMR LLC10,505$179.0K0.00%+565+5.7%Added
Zacks Investment Management10,827$184.5K0.00%00.0%Unchanged
PenderFund Capital Management Ltd.10,900$185.7K0.03%+10,900New
Alliancebernstein L.P.11,170$190.3K0.00%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.11,667$198.8K0.00%−2,312−16.5%Reduced
AdvisorShares Investments LLC12,500$213.0K0.03%+4,000+47.1%Added
Guggenheim Capital LLC12,522$213.4K0.00%+12,522New
Price T Rowe Associates Inc13,483$230.0K0.00%+699+5.5%Added
MetLife Investment Management15,142$258.0K0.00%00.0%Unchanged
Wells Fargo & Company16,155$275.3K0.00%+2,564+18.9%Added
Divisadero Street Capital Management, LP17,000$289.7K0.01%00.0%Unchanged
Quantinno Capital Management LP17,044$290.4K0.00%+5,995+54.3%Added
Deutsche Bank AG17,059$290.7K0.00%00.0%Unchanged
Kovitz Investment Group Partners, LLC17,707$301.7K0.00%+313+1.8%Added
XTX Topco Ltd17,714$301.8K0.02%−3,239−15.5%Reduced
LPL Financial LLC18,917$322.3K0.00%−440−2.3%Reduced
Point72 Asia (Singapore) Pte. Ltd.18,977$323.4K0.05%+18,977New
Quinn Opportunity Partners LLC20,000$340.8K0.02%−29,703−59.8%Reduced
Stephens Inc20,098$342.5K0.00%−5,000−19.9%Reduced
Orchard Capital Managment, LLC20,888$355.9K0.47%00.0%Unchanged
Invesco Ltd.21,546$367.1K0.00%−5,392−20.0%Reduced
Skandinaviska Enskilda Banken AB (publ)22,253$379.2K0.00%+22,253New
SG Americas Securities, LLC22,275$380.0K0.00%+22,275New
Franklin Resources Inc23,207$395.4K0.00%+3,594+18.3%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management23,400$398.7K0.01%+23,400New
D. E. Shaw & Co., Inc.24,194$412.3K0.00%+24,194New
State of Wyoming24,610$419.4K0.05%+18,674+314.6%Added
Gardner Lewis Asset Management L P26,196$446.4K0.12%+26,196New
Principal Financial Group Inc30,048$512.0K0.00%+30,048New
Verition Fund Management LLC30,758$524.1K0.00%+30,758New
Sagefield Capital LP35,110$598.3K0.07%+35,110New
Squarepoint Ops LLC35,303$601.6K0.00%−37,866−51.8%Reduced
Rhumbline Advisers36,429$620.7K0.00%−1,580−4.2%Reduced
Oxford Asset Management LLP36,668$624.8K0.20%+36,668New
Barclays PLC36,896$628.7K0.00%−9,202−20.0%Reduced
Citadel Advisors LLC38,969$664.0K0.00%−276,780−87.7%Reduced
Susquehanna International Group, LLP40,335$687.3K0.00%−20,463−33.7%Reduced
Trexquant Investment LP44,065$750.9K0.01%−52,951−54.6%Reduced
Prelude Capital Management, LLC44,312$755.1K0.06%+44,312New
Quantessence Capital LLC52,024$886.5K0.28%+52,024New
Royal Bank of Canada57,076$972.0K0.00%−12,605−18.1%Reduced
Abc Arbitrage SA59,987$1.02M0.10%+59,987New
Panagora Asset Management Inc60,369$1.03M0.00%−26,109−30.2%Reduced
Credit Industriel Et Commercial61,403$1.05M0.17%+61,403New
Victory Capital Management Inc62,000$1.06M0.00%−9,950−13.8%Reduced
CenterBook Partners LP63,406$1.08M0.05%−191,577−75.1%Reduced
Bank of New York Mellon Corp65,151$1.11M0.00%−1,411−2.1%Reduced
Fortis Advisors, LLC69,969$1.19M0.68%00.0%Unchanged
Charles Schwab Investment Management Inc75,725$1.29M0.00%00.0%Unchanged
First Trust Advisors LP80,280$1.37M0.00%+80,280New
BCK Capital Management LP81,610$1.39M1.48%+81,610New
Groupe la Francaise82,200$1.40M0.02%+82,200New
Allianz Asset Management GmbH87,500$1.49M0.00%+87,500New
Russell Investments Group, Ltd.96,927$1.65M0.00%−153,792−61.3%Reduced
Centiva Capital, LP100,000$1.70M0.16%+100,000New
Morningstar Investment Management LLC102,917$1.75M0.06%+102,917New
Virtu Financial LLC111,453$1.90M0.11%+111,453New
Jane Street Group, LLC116,883$1.99M0.00%+84,857+265.0%Added
Oddo BHF Asset Management SAS117,909$2.01M0.08%+117,909New
AQR Capital Management LLC144,420$2.46M0.00%+64,742+81.3%Added