Potbelly
PBPB
PBPB was delisted on the 22nd of October, 2025.
103 hedge funds and large institutions have $148M invested in Potbelly in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 39 reducing their positions, and 17 closing their positions.
1.08% more ownership
Funds ownership: 70.69% → 71.77% (+1.1%)
4% more capital invested
Capital invested by funds: $141M → $148M (+$6.1M)
0% more funds holding
Funds holding: 103 → 103 (0)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
2% less call options, than puts
Call options by funds: $289K | Put options by funds: $294K
38% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 39
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3CP
3G Capital Partners
New York
|
+$7.21M |
| 2 |
BAMCO Inc
New York
|
+$1.27M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.21M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.07M |
| 5 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.66M |
| 2 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$3.21M |
| 3 |
JP Morgan Chase
New York
|
-$2.28M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.27M |
| 5 |
Morgan Stanley
New York
|
-$1.07M |
PBPB Hedge Fund Activity: Q1 2019 in Review
103 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q1 2019, worth a combined $148M — up 4.3% from $141M a quarter earlier.
Fund positioning in PBPB was balanced in Q1 2019: 17 funds opened new positions, 17 closed out, 24 added to existing stakes and 39 trimmed.
The largest buyer was 3G Capital Partners, opening a new position worth an estimated $7.21M. The largest seller was Millennium Management, cutting an estimated $3.66M.
- 103 institutional investors held Potbelly (PBPB) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $148M of Potbelly stock for Q1 2019, up 4.3% quarter-over-quarter.
- 17 funds opened new Potbelly positions in Q1 2019 and 17 closed out, a net change of 0 holders.
- The largest Potbelly buyer in Q1 2019 was 3G Capital Partners, an estimated $7.21M added.
- The largest Potbelly seller in Q1 2019 was Millennium Management, an estimated $3.66M sold.
Based on aggregated 13F filings for Q1 2019.