We are live on ! Find out more
PBPB

Potbelly

Delisted

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

105 hedge funds and large institutions have $233M invested in Potbelly in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 27

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

3% more funds holding

Funds holding: 102105 (+3)

2.33% more ownership

Funds ownership: 71.98%74.31% (+2.3%)

2% more call options, than puts

Call options by funds: $748K | Put options by funds: $736K

2% less capital invested

Capital invested by funds: $237M → $233M (-$4.69M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
105
Holders Change
+3
Holders Change %
+2.94%
% of All Funds
2.4%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
17
Increased
38
Reduced
27
Closed
13
Calls
$748K
Puts
$736K
Net Calls
+$12K
Net Calls Change
-$391K
Name Holding Trade Value Shares
Change
Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$26.6M +$431K +33,300 +2%
Morgan Stanley
2
Morgan Stanley
New York
$25.5M -$3.9M -301,367 -13%
BlackRock
3
BlackRock
New York
$20.4M -$1.43M -110,862 -6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$17.9M +$429K +33,158 +2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$16.1M +$981K +75,769 +6%
AA
6
Ancora Advisors
Ohio
$14.3M -$415K -32,080 -3%
SIMG
7
Stephens Investment Management Group
Texas
$12.5M +$1.49M +115,237 +13%
FTCM
8
First Trust Capital Management
Illinois
$11.7M +$703K +54,293 +6%
State Street
9
State Street
Massachusetts
$5.82M +$162K +12,500 +3%
KCM
10
Kennedy Capital Management
Missouri
$5.45M +$4.13M +319,149 +258%
CIM
11
Confluence Investment Management
Missouri
$4.61M +$308K +23,761 +7%
William Blair & Company
12
William Blair & Company
Illinois
$4.37M +$144K +11,127 +3%
Arrowstreet Capital
13
Arrowstreet Capital
Massachusetts
$4.25M +$1.2M +93,063 +37%
NC
14
Nicholas Company
Wisconsin
$3.96M +$535K +41,350 +15%
Millennium Management
15
Millennium Management
New York
$3.93M +$2.09M +161,582 +102%
Northern Trust
16
Northern Trust
Illinois
$3.53M +$253K +19,519 +7%
Assenagon Asset Management
17
Assenagon Asset Management
Luxembourg
$3.52M +$3.7M +286,185 New
Geode Capital Management
18
Geode Capital Management
Massachusetts
$3.24M +$433K +33,426 +15%
Man Group
19
Man Group
United Kingdom
$2.91M -$483K -37,300 -14%
Jacobs Levy Equity Management
20
Jacobs Levy Equity Management
New Jersey
$2.9M -$384K -29,675 -11%
AFG
21
American Financial Group
Ohio
$2.46M
Two Sigma Advisers
22
Two Sigma Advisers
New York
$2.4M +$120K +9,300 +5%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$2.38M +$304K +23,518 +14%
Two Sigma Investments
24
Two Sigma Investments
New York
$2.3M +$373K +28,846 +18%
SIM
25
Spark Investment Management
New York
$2.27M +$1.56M +120,200 +185%

PBPB Hedge Fund Activity: Q3 2018 in Review

105 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Potbelly (PBPB) for Q3 2018, worth a combined $233M — down 2% from $237M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new PBPB positions and 13 closed out — a net gain of 4 holders — while 38 added to existing stakes and 27 trimmed.

The largest buyer was Kennedy Capital Management, adding an estimated $4.13M. The largest seller was Morgan Stanley, cutting an estimated $3.9M.

  • 105 institutional investors held Potbelly (PBPB) as of Q3 2018, up from 102 in Q2 2018.
  • Funds reported $233M of Potbelly stock for Q3 2018, down 2% quarter-over-quarter.
  • 17 funds opened new Potbelly positions in Q3 2018 and 13 closed out, a net change of +4 holders.
  • The largest Potbelly buyer in Q3 2018 was Kennedy Capital Management, an estimated $4.13M added.
  • The largest Potbelly seller in Q3 2018 was Morgan Stanley, an estimated $3.9M sold.

Based on aggregated 13F filings for Q3 2018.