First Trust Capital Management’s Potbelly PBPB Stock Holding History

First Trust 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 Q4	–	Sell	-857,701	Closed	-$14.6M	–	175
2025 Q3	$14.6M	Buy	+857,701	New	+$11.6M	0.94%	36
2020 Q1	–	Sell	-140,456	Closed	-$593K	–	42
2019 Q4	$593K	Buy	+140,456	New	+$613K	0.19%	34
2019 Q2	–	Sell	-375,729	Closed	-$3.2M	–	56
2019 Q1	$3.2M	Sell	375,729 -380,157	-50%	-$3.21M	0.87%	26
2018 Q4	$6.08M	Sell	755,886 -191,532	-20%	-$2.05M	1.55%	16
2018 Q3	$11.7M	Buy	947,418 +54,293	+6%	+$703K	1.39%	16
2018 Q2	$11.6M	Sell	893,125 -81,867	-8%	-$1.03M	1.66%	21
2018 Q1	$11.7M	Sell	974,992 -92,378	-9%	-$1.16M	1.65%	20
2017 Q4	$13.1M	Buy	1,067,370 +71,240	+7%	+$875K	2.51%	15
2017 Q3	$12.4M	Buy	996,130 +639,750	+180%	+$7.46M	1.92%	17
2017 Q2	$4.1M	Buy	+356,380	New	+$4.35M	0.47%	53

Other funds holding PBPB

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

First Trust Capital Management's PBPB Position: Q4 2025 in Review

First Trust Capital Management sold out of Potbelly (PBPB) in Q4 2025, closing a stake of 857,701 shares — an estimated $14.6M sold.

First Trust Capital Management first reported a position in PBPB in Q2 2017 and held it in 10 quarters. The position peaked at $14.6M in Q3 2025. 1 fund tracked by Wall St. Rank holds PBPB as of Q4 2025.

First Trust Capital Management reported no remaining Potbelly position as of Q4 2025 after selling out during the quarter.
First Trust Capital Management sold 857,701 Potbelly shares in Q4 2025, an estimated $14.6M.
First Trust Capital Management first reported a position in Potbelly in Q2 2017 and held it in 10 quarters.
First Trust Capital Management's Potbelly position peaked at $14.6M in Q3 2025.
1 fund tracked by Wall St. Rank held Potbelly as of Q4 2025.

Based on First Trust Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.