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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 0 | $0 |
| Q1 2026 | 0 | $0 |
| Q4 2025 | 1 | $16.3K |
| Q3 2025 | 132 | $440.6M |
| Q2 2025 | 125 | $287.3M |
| Q1 2025 | 115 | $208.9M |
| Q4 2024 | 114 | $208.7M |
| Q3 2024 | 109 | $175.7M |
| Q2 2024 | 110 | $167.6M |
| Q1 2024 | 118 | $254.1M |
| Q4 2023 | 90 | $195.7M |
| Q3 2023 | 91 | $140.9M |
| Q2 2023 | 86 | $162.1M |
| Q1 2023 | 75 | $140.8M |
| Q4 2022 | 55 | $83.3M |
| Q3 2022 | 53 | $68.2M |
| Q2 2022 | 52 | $88.2M |
| Q1 2022 | 52 | $103.6M |
| Q4 2021 | 59 | $85.2M |
| Q3 2021 | 64 | $99.9M |
| Q2 2021 | 66 | $117.1M |
| Q1 2021 | 58 | $85.7M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Potbelly Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Cerity Partners LLC | 186,166 | $3.17M | 0.01% | −22,558−10.8% | Reduced |
| Assenagon Asset Management S.A. | 188,560 | $3.21M | 0.00% | +127,588+209.3% | Added |
| UBS Group AG | 203,338 | $3.46M | 0.00% | +157,617+344.7% | Added |
| Nuveen, LLC | 221,917 | $3.78M | 0.00% | −14,598−6.2% | Reduced |
| Millennium Management LLC | 244,479 | $4.17M | 0.00% | +215,131+733.0% | Added |
| Northern Trust Corp | 257,096 | $4.38M | 0.00% | −4,514−1.7% | Reduced |
| Goldman Sachs Group Inc | 259,584 | $4.42M | 0.00% | +198,464+324.7% | Added |
| Morgan Stanley | 333,313 | $5.68M | 0.00% | +247,350+287.7% | Added |
| Punch & Associates Investment Management, Inc. | 338,779 | $5.77M | 0.33% | −615,555−64.5% | Reduced |
| JPMorgan Chase & Co | 339,576 | $5.79M | 0.00% | +327,437+2,697.4% | Added |
| Bank of America Corp | 347,831 | $5.93M | 0.00% | +261,554+303.2% | Added |
| Qube Research & Technologies Ltd | 369,075 | $6.29M | 0.01% | +342,055+1,265.9% | Added |
| Gabelli & Co Investment Advisers, Inc. | 386,200 | $6.58M | 1.06% | +386,200 | New |
| Heartland Advisors Inc | 400,000 | $6.82M | 0.36% | −365,700−47.8% | Reduced |
| Dimensional Fund Advisors LP | 429,743 | $7.32M | 0.00% | −79,376−15.6% | Reduced |
| Gabelli Funds LLC | 444,300 | $7.57M | 0.05% | +444,300 | New |
| Arrowstreet Capital, Limited Partnership | 492,537 | $8.39M | 0.01% | +46,757+10.5% | Added |
| Alpine Associates Management Inc. | 524,296 | $8.93M | 0.54% | +524,296 | New |
| State Street Corp | 526,332 | $8.97M | 0.00% | +811+0.2% | Added |
| Monimus Capital Management, LP | 582,325 | $9.92M | 7.38% | −88,770−13.2% | Reduced |
| Geode Capital Management, LLC | 612,785 | $10.4M | 0.00% | +4,507+0.7% | Added |
| American Century Companies Inc | 613,554 | $10.5M | 0.01% | +142,317+30.2% | Added |
| Vivaldi Asset Management, LLC | 857,701 | $14.6M | 0.94% | +857,701 | New |
| Versor Investments LP | 1,057,265 | $18.0M | 3.32% | +1,057,265 | New |
| Renaissance Technologies LLC | 1,112,954 | $19.0M | 0.03% | −600−0.1% | Reduced |
| Balyasny Asset Management LLC | 1,150,782 | $19.6M | 0.04% | +1,150,782 | New |
| FIL Ltd | 1,210,426 | $20.6M | 0.02% | +1,210,426 | New |
| Water Island Capital LLC | 1,351,588 | $23.0M | 3.30% | +1,351,588 | New |
| Vanguard Group Inc | 1,450,355 | $24.7M | 0.00% | +27,116+1.9% | Added |
| Glazer Capital, LLC | 1,631,301 | $27.8M | 0.93% | +1,631,301 | New |
| BlackRock, Inc. | 2,009,653 | $34.2M | 0.00% | +115,451+6.1% | Added |
| Nierenberg Investment Management Company, Inc. | 2,980,564 | $50.8M | 28.07% | 00.0% | Unchanged |
| Portolan Capital Management, LLC | 0 | $0 | 0.00% | −1,667,702−100.0% | Sold out |
| First Eagle Investment Management, LLC | 0 | $0 | 0.00% | −989,028−100.0% | Sold out |
| Western Standard LLC | 0 | $0 | 0.00% | −927,593−100.0% | Sold out |
| Silvercrest Asset Management Group LLC | 0 | $0 | 0.00% | −639,649−100.0% | Sold out |
| Next Century Growth Investors LLC | 0 | $0 | 0.00% | −603,003−100.0% | Sold out |
| Archon Capital Management LLC | 0 | $0 | 0.00% | −546,417−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −383,360−100.0% | Sold out |
| Soviero Asset Management, LP | 0 | $0 | 0.00% | −240,000−100.0% | Sold out |
| Hodges Capital Management Inc. | 0 | $0 | 0.00% | −227,111−100.0% | Sold out |
| Essex Investment Management Co LLC | 0 | $0 | 0.00% | −220,446−100.0% | Sold out |
| Manatuck Hill Partners, LLC | 0 | $0 | 0.00% | −153,100−100.0% | Sold out |
| 1492 Capital Management LLC | 0 | $0 | 0.00% | −114,297−100.0% | Sold out |
| Tectonic Advisors LLC | 0 | $0 | 0.00% | −89,004−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −78,277−100.0% | Sold out |
| Legato Capital Management LLC | 0 | $0 | 0.00% | −65,701−100.0% | Sold out |
| GatePass Capital, LLC | 0 | $0 | 0.00% | −65,486−100.0% | Sold out |
| Bridgeway Capital Management, LLC | 0 | $0 | 0.00% | −62,100−100.0% | Sold out |
| Raffles Associates LP | 0 | $0 | 0.00% | −59,761−100.0% | Sold out |
| Boston Partners | 0 | $0 | 0.00% | −54,966−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −52,256−100.0% | Sold out |
| Northern Right Capital Management, L.P. | 0 | $0 | 0.00% | −48,147−100.0% | Sold out |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −42,070−100.0% | Sold out |
| State of Wisconsin Investment Board | 0 | $0 | 0.00% | −28,451−100.0% | Sold out |
| Oppenheimer Asset Management Inc. | 0 | $0 | 0.00% | −20,446−100.0% | Sold out |
| Prudential Financial Inc | 0 | $0 | 0.00% | −19,726−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −17,856−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −16,115−100.0% | Sold out |
| Intech Investment Management LLC | 0 | $0 | 0.00% | −15,831−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −15,687−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −11,684−100.0% | Sold out |
| Kapitalo Investimentos Ltda | 0 | $0 | 0.00% | −11,382−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −10,800−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −8,140−100.0% | Sold out |
| Raymond James Financial Inc | 0 | $0 | 0.00% | −900−100.0% | Sold out |
| Fifth Third Bancorp | 0 | $0 | 0.00% | −800−100.0% | Sold out |
| MCF Advisors LLC | 0 | $0 | 0.00% | −764−100.0% | Sold out |
| Transce3nd, LLC | 0 | $0 | 0.00% | −35−100.0% | Sold out |
| DHK Financial Advisors, Inc. | – | – | – | – | Not filed |