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PBPB

Potbelly

Delisted

PBPB was delisted on the 22nd of October, 2025.

64 hedge funds and large institutions have $42M invested in Potbelly in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

367% more call options, than puts

Call options by funds: $243K | Put options by funds: $52K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.58% less ownership

Funds ownership: 60.96%56.38% (-4.6%)

14% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 22

16% less funds holding

Funds holding: 7664 (-12)

31% less capital invested

Capital invested by funds: $61.1M → $42M (-$19.1M)

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

Holders
64
Holders Change
-12
Holders Change %
-15.79%
% of All Funds
1.41%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
19
Reduced
22
Closed
19
Calls
$243K
Puts
$52K
Net Calls
+$191K
Net Calls Change
+$80K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$160K
BFM
27
Boothbay Fund Management
New York
$137K +$183K +44,200 New
RhumbLine Advisers
28
RhumbLine Advisers
Massachusetts
$130K +$29.8K +7,200 +21%
PPA
29
Parametric Portfolio Associates
Washington
$118K +$9.58K +2,315 +6%
California State Teachers Retirement System (CalSTRS)
30
California State Teachers Retirement System (CalSTRS)
California
$85K -$20.7K -4,992 -15%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$80K +$107K +25,900 New
SRAM
32
Stone Ridge Asset Management
New York
$71K
OSAM
33
O'Shaughnessy Asset Management
Connecticut
$70K +$94.5K +22,817 New
AIM
34
Alambic Investment Management
California
$60K -$363K -87,753 -82%
Morgan Stanley
35
Morgan Stanley
New York
$60K -$66K -15,933 -45%
ECM
36
Engine Capital Management
New York
$56K -$250K -60,483 -82%
William Blair & Company
37
William Blair & Company
Illinois
$56K -$8.53K -2,060 -10%
AllianceBernstein
38
AllianceBernstein
Tennessee
$55K
WG
39
Winton Group
United Kingdom
$45K -$43.1K -10,412 -42%
UBS Group
40
UBS Group
Switzerland
$41K -$59.8K -14,439 -52%
New York State Common Retirement Fund
41
New York State Common Retirement Fund
New York
$41K
VOYA Investment Management
42
VOYA Investment Management
Georgia
$39K
AIG
43
American International Group
New York
$38K -$2.95K -712 -5%
Deutsche Bank
44
Deutsche Bank
Germany
$35K +$17.5K +4,225 +59%
GG
45
Gofen & Glossberg
Illinois
$31K
Barclays
46
Barclays
United Kingdom
$21K -$59.1K -14,281 -67%
Bank of Montreal
47
Bank of Montreal
Ontario, Canada
$21K -$31.4K -7,595 -52%
JP Morgan Chase
48
JP Morgan Chase
New York
$21K -$23.9K -5,774 -46%
BNP Paribas Financial Markets
49
BNP Paribas Financial Markets
France
$20.1K +$5.52K +1,333 +26%
Citigroup
50
Citigroup
New York
$20K +$7.67K +1,854 +40%

PBPB Hedge Fund Activity: Q1 2020 in Review

64 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q1 2020, worth a combined $42M — down 31% from $61.1M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PBPB and 8 opened new positions — a net loss of 11 holders — while 22 trimmed existing stakes and 19 added.

The largest buyer was Victory Capital Management, opening a new position worth an estimated $2.11M. The largest seller was Confluence Investment Management, exiting entirely with an estimated $2.31M sold.

  • 64 institutional investors held Potbelly (PBPB) as of Q1 2020, down from 76 in Q4 2019.
  • Funds reported $42M of Potbelly stock for Q1 2020, down 31% quarter-over-quarter.
  • 8 funds opened new Potbelly positions in Q1 2020 and 19 closed out, a net change of -11 holders.
  • The largest Potbelly buyer in Q1 2020 was Victory Capital Management, an estimated $2.11M added.
  • The largest Potbelly seller in Q1 2020 was Confluence Investment Management, an estimated $2.31M sold.

Based on aggregated 13F filings for Q1 2020.