We are live on ! Find out more
PBPB

Potbelly
PBPB

Delisted

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

Back to rankings

1 hedge funds and large institutions have $16.3K invested in Potbelly in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 129 closing their positions.

New
Increased
Maintained
Reduced
Closed

85.44% less ownership

Funds ownership: 85.44% → 0% (-85%)

99% less funds holding

Funds holding: 132 → 1 (-131)

100% less funds holding in top 10

Funds holding in top 10: 3 → 0 (-3)

100% less capital invested

Capital invested by funds: $441M → $16.3K (-$441M)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 129

Holders
1
Holders Change
-131
Holders Change %
-99.24%
% of All Funds
0.01%
Holding in Top 10
–
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
–
New
–
Increased
–
Reduced
–
Closed
129
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

No buyers this quarter

Top Sellers

Rank Fund Capital Flow
1
NIMC
Nierenberg Investment Management Company
Washington
-$50.8M
2
BlackRock
BlackRock
New York
-$34.2M
3
GCL
Glazer Capital LLC
New York
-$27.8M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$24.7M
5
WIC
Water Island Capital
New York
-$23M
Name Holding Trade Value Shares
Change 		Change in
Stake
PAM
51
Panagora Asset Management
Massachusetts
– -$1.03M -60,369 Closed
AA
52
ABC Arbitrage
France
– -$1.02M -59,987 Closed
Royal Bank of Canada
53
Royal Bank of Canada
Ontario, Canada
– -$972K -57,076 Closed
QC
54
Quantessence Capital
New York
– -$886K -52,024 Closed
PCM
55
Prelude Capital Management
New York
– -$755K -44,312 Closed
TI
56
Trexquant Investment
Connecticut
– -$751K -44,065 Closed
Susquehanna International Group
57
Susquehanna International Group
Pennsylvania
– -$687K -40,335 Closed
Citadel Advisors
58
Citadel Advisors
Florida
– -$664K -38,969 Closed
Barclays
59
Barclays
United Kingdom
– -$629K -36,896 Closed
OAM
60
Oxford Asset Management
United Kingdom
– -$625K -36,668 Closed
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
– -$621K -36,429 Closed
Squarepoint
62
Squarepoint
New York
– -$602K -35,303 Closed
SC
63
Sagefield Capital
Texas
– -$598K -35,110 Closed
Verition Fund Management
64
Verition Fund Management
Connecticut
– -$524K -30,758 Closed
Principal Financial Group
65
Principal Financial Group
Iowa
– -$512K -30,048 Closed
GLAM
66
Gardner Lewis Asset Management
Pennsylvania
– -$446K -26,196 Closed
SOW
67
State of Wyoming
Wyoming
– -$419K -24,610 Closed
D.E. Shaw & Co
68
D.E. Shaw & Co
New York
– -$412K -24,194 Closed
SFM
69
Soros Fund Management
New York
– -$399K -23,400 Closed
Franklin Resources
70
Franklin Resources
California
– -$395K -23,207 Closed
SG Americas Securities
71
SG Americas Securities
New York
– -$380K -22,275 Closed
Skandinaviska Enskilda Banken (SEB)
72
Skandinaviska Enskilda Banken (SEB)
Sweden
– -$379K -22,253 Closed
Invesco
73
Invesco
Georgia
– -$367K -21,546 Closed
OCM
74
Orchard Capital Management
Illinois
– -$356K -20,888 Closed
SI
75
Stephens Inc
Arkansas
– -$342K -20,098 Closed
1 2
3
4 5

PBPB Hedge Fund Activity: Q4 2025 in Review

1 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q4 2025, worth a combined $16.3K — down 100% from $441M a quarter earlier.

Sellers outnumbered buyers: 129 funds closed out of PBPB and 0 opened new positions — a net loss of 129 holders — while 0 trimmed existing stakes and 0 added.

The largest seller was Nierenberg Investment Management Company, exiting entirely with an estimated $50.8M sold.

  • 1 institutional investor held Potbelly (PBPB) as of Q4 2025, down from 132 in Q3 2025.
  • Funds reported $16.3K of Potbelly stock for Q4 2025, down 100% quarter-over-quarter.
  • 0 funds opened new Potbelly positions in Q4 2025 and 129 closed out, a net change of -129 holders.
  • The largest Potbelly seller in Q4 2025 was Nierenberg Investment Management Company, an estimated $50.8M sold.

Based on aggregated 13F filings for Q4 2025.