Bridgeway Capital Management’s Potbelly PBPB Stock Holding History

Bridgeway Capital Management’s Portfolio PBPB Stock Details PBPB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-62,100	Closed	-$761K	–	1261
2025 Q2	$761K	Hold	62,100	–	–	0.02%	700
2025 Q1	$591K	Buy	62,100 +1,400	+2%	+$15.5K	0.01%	715
2024 Q4	$572K	Hold	60,700	–	–	0.01%	782
2024 Q3	$506K	Buy	+60,700	New	+$463K	0.01%	858
2024 Q2	–	Sell	-22,700	Closed	-$275K	–	1327
2024 Q1	$275K	Sell	22,700 -1,300	-5%	-$16.3K	0.01%	1056
2023 Q4	$250K	Sell	24,000 -39,600	-62%	-$360K	0.01%	1091
2023 Q3	$496K	Sell	63,600 -50,000	-44%	-$426K	0.01%	872
2023 Q2	$997K	Hold	113,600	–	–	0.02%	729
2023 Q1	$946K	Hold	113,600	–	–	0.03%	734
2022 Q4	$633K	Hold	113,600	–	–	0.02%	839
2022 Q3	$515K	Hold	113,600	–	–	0.01%	887
2022 Q2	$642K	Hold	113,600	–	–	0.01%	823
2022 Q1	$761K	Hold	113,600	–	–	0.01%	841
2021 Q4	$634K	Buy	113,600 +12,600	+12%	+$73.4K	0.01%	916
2021 Q3	$685K	Sell	101,000 -20,000	-17%	-$139K	0.01%	938
2021 Q2	$956K	Sell	121,000 -41,000	-25%	-$287K	0.02%	874
2021 Q1	$957K	Buy	162,000 +50,000	+45%	+$268K	0.02%	878
2020 Q4	$493K	Sell	112,000 -30,000	-21%	-$127K	0.01%	956
2020 Q3	$538K	Sell	142,000 -61,000	-30%	-$215K	0.01%	860
2020 Q2	$463K	Buy	203,000 +140,000	+222%	+$384K	0.01%	882
2020 Q1	$195K	Sell	63,000 -46,000	-42%	-$190K	﹤0.01%	1067
2019 Q4	$460K	Hold	109,000	–	–	0.01%	1021
2019 Q3	$475K	Hold	109,000	–	–	0.01%	978
2019 Q2	$555K	Hold	109,000	–	–	0.01%	944
2019 Q1	$928K	Hold	109,000	–	–	0.01%	786
2018 Q4	$877K	Buy	109,000 +44,000	+68%	+$472K	0.01%	781
2018 Q3	$800K	Hold	65,000	–	–	0.01%	985
2018 Q2	$842K	Hold	65,000	–	–	0.01%	935
2018 Q1	$783K	Buy	+65,000	New	+$818K	0.01%	928

Other funds holding PBPB

NIMC

Nierenberg Investment Management Company Camas, Washington $201M AUM 36.3% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

GCL

Glazer Capital LLC New York $4.71B AUM 81.93% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

WIC

Water Island Capital New York $896M AUM 107.59% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Balyasny Asset Management Chicago, Illinois $77.1B AUM 42.89% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Versor Investments New York $40.8M AUM 93.59% 1-Year Est. Return

FTCM

First Trust Capital Management Chicago, Illinois $1.9B AUM 58.39% 1-Year Est. Return

Bridgeway Capital Management's PBPB Position: Q3 2025 in Review

Bridgeway Capital Management sold out of Potbelly (PBPB) in Q3 2025, closing a stake of 62,100 shares — an estimated $761K sold.

Bridgeway Capital Management first reported a position in PBPB in Q1 2018 and held it in 29 quarters. The position peaked at $997K in Q2 2023. 132 funds tracked by Wall St. Rank hold PBPB as of Q3 2025.

Bridgeway Capital Management reported no remaining Potbelly position as of Q3 2025 after selling out during the quarter.
Bridgeway Capital Management sold 62,100 Potbelly shares in Q3 2025, an estimated $761K.
Bridgeway Capital Management first reported a position in Potbelly in Q1 2018 and held it in 29 quarters.
Bridgeway Capital Management's Potbelly position peaked at $997K in Q2 2023.
132 funds tracked by Wall St. Rank held Potbelly as of Q3 2025.

Based on Bridgeway Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.