Potbelly (PBPB)

• Market cap: $270M
• 1 day: -0.55%
• 5 days: -7.96%
• 1 month: -6.63%
• 3 months: 9.73%
• 6 months: 23.39%
• Year to date: -10.25%
• 1 year: -13.52%
• 5 years: 112.24%
• 10 years: -25.52%
• Sector: Consumer Discretionary
• Industry: Eating Places

About: Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. majority of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, its franchises are in the Middle East.

Employees: 5,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

786% more call options, than puts

Call options by funds: $824K | Put options by funds: $93K

31% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 32

4% more capital invested

Capital invested by funds: $168M [Q2] → $176M (+$7.28M) [Q3]

0.37% more ownership

Funds ownership: 70.29% [Q2] → 70.66% (+0.37%) [Q3]

2% less funds holding

Funds holding: 110 [Q2] → 108 (-2) [Q3]

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

25% less funds holding in top 10

Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]