Potbelly
PBPB
PBPB was delisted on the 22nd of October, 2025.
121 hedge funds and large institutions have $241M invested in Potbelly in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 31 reducing their positions, and 13 closing their positions.
156% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $532K
100% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 13
52% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 31
19% more capital invested
Capital invested by funds: $203M → $241M (+$38.1M)
12% more funds holding
Funds holding: 108 → 121 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$5.14M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.43M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.24M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.16M |
| 5 |
Millennium Management
New York
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$10.7M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$7.8M |
| 3 |
WHI
William Harris Investors
Chicago,
Illinois
|
-$4.06M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$2.29M |
| 5 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
126
AlpInvest Partners
Amsterdam,
Netherlands
| – | -$141K | -12,057 | Closed |
|
127
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$142K | -11,872 | Closed |
|
128
BNP Paribas Financial Markets
Paris,
France
| – | -$51.4K | -4,388 | Closed |
|
129
Simplex Trading
Chicago,
Illinois
| – | -$10.5K | -879 | Closed |
|
130
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -400 | Closed |
|
|
GI
131
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -170 | Closed |
|
|
GWS
132
Glassman Wealth Services
Vienna,
Virginia
| – | -$2K | -150 | Closed |
|
133
ClearBridge Investments
New York
| – | -$1K | -104 | Closed |
|
PBPB Hedge Fund Activity: Q1 2016 in Review
121 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q1 2016, worth a combined $241M — up 19% from $203M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new PBPB positions and 13 closed out — a net gain of 13 holders — while 47 added to existing stakes and 31 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $5.14M. The largest seller was Franklin Resources, exiting entirely with an estimated $10.7M sold.
- 121 institutional investors held Potbelly (PBPB) as of Q1 2016, up from 108 in Q4 2015.
- Funds reported $241M of Potbelly stock for Q1 2016, up 19% quarter-over-quarter.
- 26 funds opened new Potbelly positions in Q1 2016 and 13 closed out, a net change of +13 holders.
- The largest Potbelly buyer in Q1 2016 was Renaissance Technologies, an estimated $5.14M added.
- The largest Potbelly seller in Q1 2016 was Franklin Resources, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2016.