Potbelly
PBPB
PBPB was delisted on the 22nd of October, 2025.
52 hedge funds and large institutions have $88.2M invested in Potbelly in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
1,588% more call options, than puts
Call options by funds: $135K | Put options by funds: $8K
0.3% more ownership
Funds ownership: 53.78% → 54.08% (+0.3%)
0% more funds holding
Funds holding: 52 → 52 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
15% less capital invested
Capital invested by funds: $104M → $88.2M (-$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
+$1.08M |
| 2 |
First Eagle Investment Management
New York
|
+$533K |
| 3 |
SAM
Soviero Asset Management
New York
|
+$385K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$93.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$53.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$545K |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$509K |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$245K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$189K |
| 5 |
D.E. Shaw & Co
New York
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Arrowstreet Capital
Boston,
Massachusetts
| – | -$120K | -17,877 | Closed |
|
52
Simplex Trading
Chicago,
Illinois
| – | -$6.28K | -1,074 | Closed |
|
53
Bank of America
Charlotte,
North Carolina
| – | -$2.35K | -402 | -86% |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -300 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$292 | +50 | New |
|
PBPB Hedge Fund Activity: Q2 2022 in Review
52 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q2 2022, worth a combined $88.2M — down 15% from $104M a quarter earlier.
Fund positioning in PBPB was balanced in Q2 2022: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 13 trimmed.
The largest buyer was Nierenberg Investment Management Company, adding an estimated $1.08M. The largest seller was Susquehanna International Group, cutting an estimated $545K.
- 52 institutional investors held Potbelly (PBPB) as of Q2 2022, unchanged from Q1 2022.
- Funds reported $88.2M of Potbelly stock for Q2 2022, down 15% quarter-over-quarter.
- 4 funds opened new Potbelly positions in Q2 2022 and 4 closed out, a net change of 0 holders.
- The largest Potbelly buyer in Q2 2022 was Nierenberg Investment Management Company, an estimated $1.08M added.
- The largest Potbelly seller in Q2 2022 was Susquehanna International Group, an estimated $545K sold.
Based on aggregated 13F filings for Q2 2022.