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PBPB

Potbelly

Delisted

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

64 hedge funds and large institutions have $99.9M invested in Potbelly in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 25 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

169% more call options, than puts

Call options by funds: $113K | Put options by funds: $42K

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.89% less ownership

Funds ownership: 53%52.11% (-0.89%)

3% less funds holding

Funds holding: 6664 (-2)

14% less capital invested

Capital invested by funds: $117M → $99.9M (-$16.7M)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

48% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 25

Holders
64
Holders Change
-2
Holders Change %
-3.03%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
13
Reduced
25
Closed
10
Calls
$113K
Puts
$42K
Net Calls
+$71K
Net Calls Change
+$60K
Name Holding Trade Value Shares
Change
Change in
Stake
AWP
26
Abacus Wealth Partners
California
$339K
Boston Partners
27
Boston Partners
Massachusetts
$333K -$11.8K -1,694 -3%
Invesco
28
Invesco
Georgia
$295K +$10.6K +1,519 +4%
Assenagon Asset Management
29
Assenagon Asset Management
Luxembourg
$282K -$8.46K -1,215 -3%
Northern Trust
30
Northern Trust
Illinois
$277K -$7.49K -1,076 -3%
First Eagle Investment Management
31
First Eagle Investment Management
New York
$275K +$249K +35,700 +744%
OCM
32
Orchard Capital Management
Illinois
$220K
Citadel Advisors
33
Citadel Advisors
Florida
$215K -$15.5K -2,223 -7%
TI
34
Trexquant Investment
Connecticut
$210K -$39.5K -5,675 -15%
Ameriprise
35
Ameriprise
Minnesota
$203K +$208K +29,900 New
TCWM
36
Total Clarity Wealth Management
Illinois
$193K -$97.7K -14,025 -33%
Morgan Stanley
37
Morgan Stanley
New York
$189K -$194K -27,838 -50%
GAM
38
Gotham Asset Management
New York
$188K +$127K +18,189 New
Commonwealth Equity Services
39
Commonwealth Equity Services
Massachusetts
$169K +$4.18K +600 +2%
AR
40
Advisory Research
Illinois
$147K -$298K -42,833 -66%
GG
41
Gofen & Glossberg
Illinois
$136K
SI
42
Stephens Inc
Arkansas
$120K
Bank of New York Mellon
43
Bank of New York Mellon
New York
$115K
SEI Investments
44
SEI Investments
Pennsylvania
$103K +$106K +15,200 New
OQS
45
Occudo Quantitative Strategies
Florida
$73K -$5.52K -792 -7%
Group One Trading
46
Group One Trading
Illinois
$62K +$3.48K +500 +6%
Simplex Trading
47
Simplex Trading
Illinois
$59K
DWA
48
Dorsey Wright & Associates
California
$42K +$43.2K +6,210 New
SIC
49
Salem Investment Counselors
North Carolina
$36K
Barclays
50
Barclays
United Kingdom
$30K +$23.7K +3,406 +316%

PBPB Hedge Fund Activity: Q3 2021 in Review

64 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q3 2021, worth a combined $99.9M — down 14% from $117M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of PBPB and 8 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 13 added.

The largest buyer was Punch & Associates Investment Management, adding an estimated $3.68M. The largest seller was Ancora Advisors, cutting an estimated $1.7M.

  • 64 institutional investors held Potbelly (PBPB) as of Q3 2021, down from 66 in Q2 2021.
  • Funds reported $99.9M of Potbelly stock for Q3 2021, down 14% quarter-over-quarter.
  • 8 funds opened new Potbelly positions in Q3 2021 and 10 closed out, a net change of -2 holders.
  • The largest Potbelly buyer in Q3 2021 was Punch & Associates Investment Management, an estimated $3.68M added.
  • The largest Potbelly seller in Q3 2021 was Ancora Advisors, an estimated $1.7M sold.

Based on aggregated 13F filings for Q3 2021.