Potbelly
PBPB
PBPB was delisted on the 22nd of October, 2025.
52 hedge funds and large institutions have $51.6M invested in Potbelly in 2020 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
23% more capital invested
Capital invested by funds: $41.8M → $51.6M (+$9.81M)
4% more funds holding
Funds holding: 50 → 52 (+2)
2.05% more ownership
Funds ownership: 46.19% → 48.24% (+2.1%)
41% less call options, than puts
Call options by funds: $268K | Put options by funds: $455K
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.51M |
| 2 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$2.23M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$590K |
| 4 |
GAM
Gotham Asset Management
New York
|
+$162K |
| 5 |
Capstone Investment Advisors
New York
|
+$45.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.96M |
| 2 |
Morgan Stanley
New York
|
-$1.05M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$680K |
| 4 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$284K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$253K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Squarepoint
New York
| – | -$66K | -17,466 | Closed |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$25K | -6,649 | Closed |
|
53
Group One Trading
Chicago,
Illinois
| – | -$11.4K | -2,692 | Closed |
|
|
VFA
54
Valeo Financial Advisors
Carmel,
Indiana
| – | -$3.38K | -800 | Closed |
|
|
TWM
55
Tradition Wealth Management
Edina,
Minnesota
| – | +$423 | +100 | New |
|
PBPB Hedge Fund Activity: Q4 2020 in Review
52 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q4 2020, worth a combined $51.6M — up 23% from $41.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new PBPB positions and 7 closed out — a net gain of 3 holders — while 7 added to existing stakes and 17 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $2.51M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $2.96M sold.
- 52 institutional investors held Potbelly (PBPB) as of Q4 2020, up from 50 in Q3 2020.
- Funds reported $51.6M of Potbelly stock for Q4 2020, up 23% quarter-over-quarter.
- 10 funds opened new Potbelly positions in Q4 2020 and 7 closed out, a net change of +3 holders.
- The largest Potbelly buyer in Q4 2020 was Russell Investments Group, an estimated $2.51M added.
- The largest Potbelly seller in Q4 2020 was Kennedy Capital Management, an estimated $2.96M sold.
Based on aggregated 13F filings for Q4 2020.