Heartland Value Fund’s Views on Potbelly Corporation (PBPB)
Heartland Advisors, an investment management company, released its “Heartland Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Nierenberg Investment Management David Nierenberg | 2,980,564 | $50,788,811 | 21.7% | |
| 2. | Water Island Capital John Orrico | 1,351,588 | $23,031,060 | 2.9% | |
| 3. | Balyasny Asset Management Dmitry Balyasny | 1,150,782 | $19,609,325 | 0.02% | |
| 4. | Renaissance Technologies Jim Simons | 1,112,954 | $18,964,736 | -1% | 0.03% |
| 5. | Alpine Associates Robert Emil Zoellner | 524,296 | $8,934,004 | 0.54% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $9.36 | 22,169 | $207,501.84 | 124,167 | 2025-03-28 | Filing | |
| $9.24 | 100 | $924.00 | 101,998 | 2025-01-07 | Filing | |
| $9.23 | 7,500 | $69,225.00 | 101,898 | 2025-01-07 | Filing | |
| $9.34 | 3,150 | $29,421.00 | 3,150 | 2024-12-18 | Filing | |
| $9.40 | 1,590 | $14,946.00 | 1,590 | 2024-12-18 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $8.18 | 11,197 | $91,591.46 | 135,988 | 2023-05-09 | Filing | |
| $5.59 | 1,515 | $8,468.85 | 130,416 | 2022-01-24 | Filing | |
| $5.69 | 12,500 | $71,125.00 | 131,931 | 2022-01-07 | Filing | |
| $6.86 | 3,750 | $25,725.00 | 144,431 | 2021-09-23 | Filing | |
| $6.50 | 3,750 | $24,375.00 | 148,181 | 2021-08-23 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 2,009,653 | $34,244,487 | 0% | |
| 2. | 1,450,355 | $24,714,050 | 0% | |
| 3. | 1,210,426 | $20,625,659 | 0.02% | |
| 4. | 1,057,265 | $18,015,796 | 3.32% | |
| 5. | 857,701 | $14,615,225 | 0.94% |