Global Business Travel GroupGBTG
13F holders, Q1 2025 (March 31)148holders +16
34new positions
20sold out
4famous investors
$7.21avg. 13F price*
At the end of Q1 2025, 148 institutions reported holding Global Business Travel Group (GBTG) in their 13F filings, up 16 from Q4 2024. 34 opened new positions and 20 sold out. The largest holders were American Express Co. ($1.1B), Apollo Management Holdings, L.P. ($137.6M) and Ares Management LLC ($82.7M). 4 famous investors held it, including Israel Englander (0.0% of Millennium Management's portfolio), Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Global Business Travel Group
- CUSIP
- 37890B100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 34 | $10.7M |
| Exits | 20 | $5.2M |
All 13F filers, Q4 2024 → Q1 2025: 5,699,260 shares bought and 3,580,727 shares sold, net +2,118,533 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 148 holders
| American Express Co. | 99.93% | No change | 157,786,199 | $1.1B |
| Apollo Management Holdings, L.P. | 3.27% | No change | 25,706,886 | $137.6M |
| Ares Management LLC | 5.08% | No change | 11,396,517 | $82.7M |
| Vanguard Group Inc. | 0.00% | Reduce -0.5% | 9,226,091 | $67.0M |
| BlackRock, Inc. | 0.00% | Add +4.2% | 9,216,223 | $66.9M |
| Carronade Capital Management, LP | 8.34% | Reduce -43.4% | 1,682,104 | $49.1M |
| State Street Corp. | 0.00% | Add +1.7% | 2,481,417 | $18.0M |
| Geode Capital Management, LLC | 0.00% | Add +2.4% | 2,363,269 | $17.2M |
| Beach Point Capital Management LP | 6.39% | Reduce -23.3% | 2,083,465 | $15.1M |
| Dimensional Fund Advisors LP | 0.00% | Add +84.7% | 1,641,912 | $11.9M |
| Millennium Management | 0.01% | Reduce -2.8% | 1,372,238 | $10.0M |
| Northern Trust Corp. | 0.00% | Reduce -3.5% | 1,135,524 | $8.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -2.8% | 789,708 | $5.7M |
| Bank of New York Mellon Corp | 0.00% | Reduce -38.7% | 757,093 | $5.5M |
| Par Capital Management Inc. | 0.18% | No change | 746,730 | $5.4M |
| Goldman Sachs Group Inc. | 0.00% | Add +66.6% | 736,472 | $5.3M |
| Advantage Alpha Capital Partners LP | 1.25% | Add +99.0% | 704,317 | $5.1M |
| First Trust Advisors LP | 0.00% | Add +67.2% | 660,418 | $4.8M |
| PB Investment Partners, L.P. | 3.53% | No change | 613,264 | $4.5M |
| Renaissance Technologies | 0.01% | Add +19.6% | 513,620 | $3.7M |
| Emmett Investment Management, LP | 3.36% | Add +116.3% | 500,178 | $3.7M |
| UBS Group AG | 0.00% | Add +9.3% | 467,589 | $3.4M |
| FMR LLC | 0.00% | Add +19070.8% | 455,691 | $3.3M |
| Ballast Asset Management, LP | 1.52% | Add +1.4% | 397,922 | $2.9M |
| Golden State Wealth Management, LLC | 0.42% | Add +59.2% | 388,155 | $2.8M |
| Nuveen, LLC | 0.00% | — | 365,114 | $2.7M |
| Morgan Stanley | 0.00% | Add +22.4% | 361,934 | $2.6M |
| E. Ohman J:or Asset Management AB | 0.07% | Add +49.3% | 359,201 | $2.6M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -17.5% | 332,697 | $2.4M |
| Squarepoint Ops LLC | 0.01% | New | 287,367 | $2.1M |
| Tidal Investments LLC | 0.02% | Add +2.9% | 266,716 | $1.9M |
| Citadel Advisors | 0.00% | New | 265,807 | $1.9M |
| Wealthspire Advisors, LLC | 0.01% | New | 258,588 | $1.9M |
| Barclays PLC | 0.00% | Add +15.4% | 250,815 | $1.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +31.3% | 210,901 | $1.5M |
| Swiss National Bank | 0.00% | Reduce -1.3% | 182,300 | $1.3M |
| Rhumbline Advisers | 0.00% | Add +13.9% | 179,539 | $1.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 174,340 | $1.3M |
| Susquehanna International Group, LLP | 0.00% | Add +109.2% | 159,153 | $1.2M |
| ExodusPoint Capital Management, LP | 0.02% | Add +71.7% | 157,326 | $1.1M |
| Jump Financial, LLC | 0.02% | Add +1284.9% | 141,915 | $1.0M |
| Alliancebernstein L.P. | 0.00% | No change | 135,720 | $985K |
| Voloridge Investment Management, LLC | 0.00% | Reduce -4.5% | 133,527 | $969K |
| AlphaQuest LLC | 0.09% | Add +12720.8% | 112,823 | $819K |
| Invesco Ltd. | 0.00% | Add +15.2% | 110,414 | $802K |
| JPMorgan Chase & Co. | 0.00% | Add +11.6% | 110,181 | $800K |
| Bank of America Corp. | 0.00% | Reduce -51.6% | 108,687 | $789K |
| Legal & General Group Plc | 0.00% | Reduce -3.6% | 108,057 | $784K |
| Deutsche Bank AG | 0.00% | Reduce -9.4% | 106,089 | $770K |
| Man Group plc | 0.00% | Add +59.8% | 103,368 | $750K |
| Balyasny Asset Management L.P. | 0.00% | New | 95,942 | $697K |
| American Capital Advisory, LLC | 0.37% | Reduce -16.7% | 95,197 | $691K |
| Citigroup Inc. | 0.00% | Reduce -12.6% | 94,167 | $684K |
| Prudential Financial Inc. | 0.00% | New | 92,265 | $670K |
| California State Teachers Retirement System | 0.00% | No change | 90,096 | $654K |
| Dark Forest Capital Management LP | 0.03% | New | 86,321 | $627K |
| Occudo Quantitative Strategies LP | 0.08% | Add +417.4% | 85,054 | $626K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +20.4% | 82,559 | $599K |
| Intech Investment Management LLC | 0.01% | Add +44.6% | 81,098 | $589K |
| Numerai GP LLC | 0.11% | New | 77,328 | $561K |
| MetLife Investment Management, LLC | 0.00% | Reduce -1.6% | 76,401 | $555K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.00% | — | 74,600 | $542K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +4.5% | 74,576 | $541K |
| AQR Capital Management | 0.00% | Add +169.9% | 64,060 | $465K |
| American Century Companies Inc. | 0.00% | New | 62,687 | $455K |
| Wells Fargo & Company | 0.00% | Add +2.3% | 62,153 | $451K |
| Corebridge Financial, Inc. | 0.00% | Reduce -1.5% | 61,484 | $446K |
| Jupiter Asset Management Ltd. | 0.00% | Add +436.2% | 60,739 | $441K |
| T. Rowe Price Associates Inc. | 0.00% | Add +11.7% | 55,139 | $401K |
| Aquatic Capital Management LLC | 0.01% | Add +7555.3% | 50,908 | $370K |
| Allspring Global Investments Holdings, LLC | 0.00% | Reduce -6.6% | 44,925 | $326K |
| STRS Ohio | 0.00% | No change | 40,900 | $297K |
| SG Americas Securities, LLC | 0.00% | Reduce -28.3% | 40,755 | $296K |
| State of Wyoming | 0.04% | Add +1035.5% | 38,460 | $279K |
| Mariner, LLC | 0.00% | Add +70.3% | 37,592 | $273K |
| Voya Investment Management LLC | 0.00% | Reduce -7.5% | 36,373 | $264K |
| New York State Common Retirement Fund | 0.00% | No change | 36,272 | $263K |
| Janus Henderson Group PLC | 0.00% | No change | 35,500 | $261K |
| Qube Research & Technologies Ltd | 0.00% | New | 32,209 | $234K |
| Ethic Inc. | 0.00% | Add +14.2% | 27,988 | $206K |
| Cibc World Markets Corp. | 0.00% | Add +137.1% | 27,848 | $202K |
| Engineers Gate Manager LP | 0.00% | New | 27,466 | $199K |
| ProShare Advisors LLC | 0.00% | Reduce -23.1% | 27,167 | $197K |
| EntryPoint Capital, LLC | 0.09% | Reduce -46.8% | 27,028 | $196K |
| Arizona State Retirement System | 0.00% | Reduce -1.7% | 26,992 | $196K |
| Harbor Capital Advisors, Inc. | 0.01% | New | 26,402 | $192K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 25,232 | $183K |
| XTX Topco Ltd | 0.01% | Reduce -52.1% | 24,662 | $179K |
| Quantbot Technologies LP | 0.01% | New | 23,484 | $170K |
| Wulff, Hansen & Co. | 0.15% | No change | 23,126 | $168K |
| BNP Paribas Financial Markets | 0.00% | Add +39.7% | 23,090 | $168K |
| Victory Capital Management Inc. | 0.00% | Reduce -0.6% | 21,651 | $157K |
| Vident Advisory, LLC | 0.00% | Add +8.0% | 20,871 | $152K |
| Handelsbanken Fonder AB | 0.00% | No change | 19,600 | $142K |
| MQS Management LLC | 0.08% | New | 19,456 | $141K |
| Sei Investments Co. | 0.00% | New | 17,507 | $127K |
| Vestcor Inc | 0.00% | No change | 17,324 | $126K |
| KLP Kapitalforvaltning As | 0.00% | No change | 17,300 | $126K |
| ANTIPODES PARTNERS Ltd | 0.00% | Reduce -44.3% | 15,442 | $112K |
| Quantinno Capital Management LP | 0.00% | New | 15,226 | $111K |
"% of holder's portfolio" is GBTG's weight in each manager's 13F, not the share of Global Business Travel Group the manager owns.