Potbelly
PBPB
PBPB was delisted on the 22nd of October, 2025.
108 hedge funds and large institutions have $203M invested in Potbelly in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 19 closing their positions.
38% more call options, than puts
Call options by funds: $641K | Put options by funds: $465K
1% more capital invested
Capital invested by funds: $200M → $203M (+$2.91M)
0% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 19
2% less funds holding
Funds holding: 110 → 108 (-2)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$7.69M |
| 2 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$4M |
| 3 |
Renaissance Technologies
New York
|
+$3.47M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.72M |
| 5 |
Morgan Stanley
New York
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$9.56M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.17M |
| 3 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$4.09M |
| 4 |
Millennium Management
New York
|
-$3.09M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$1.98M |
PBPB Hedge Fund Activity: Q4 2015 in Review
108 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q4 2015, worth a combined $203M — up 1.5% from $200M a quarter earlier.
Fund positioning in PBPB was balanced in Q4 2015: 19 funds opened new positions, 19 closed out, 30 added to existing stakes and 34 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $7.69M. The largest seller was Franklin Resources, cutting an estimated $9.56M.
- 108 institutional investors held Potbelly (PBPB) as of Q4 2015, down from 110 in Q3 2015.
- Funds reported $203M of Potbelly stock for Q4 2015, up 1.5% quarter-over-quarter.
- 19 funds opened new Potbelly positions in Q4 2015 and 19 closed out, a net change of 0 holders.
- The largest Potbelly buyer in Q4 2015 was Bank of New York Mellon, an estimated $7.69M added.
- The largest Potbelly seller in Q4 2015 was Franklin Resources, an estimated $9.56M sold.
Based on aggregated 13F filings for Q4 2015.