Global Business Travel GroupGBTG

13F holders, Q2 2025 (June 30)
160holders +12
37new positions
26sold out
4famous investors
$6.30avg. 13F price*

At the end of Q2 2025, 160 institutions reported holding Global Business Travel Group (GBTG) in their 13F filings, up 12 from Q1 2025. 37 opened new positions and 26 sold out. The largest holders were American Express Co. ($994.1M), Apollo Management Holdings, L.P. ($162.0M) and Ares Management LLC ($87.5M). 4 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Global Business Travel Group
CUSIP
37890B100
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200 Q1 2024: 64Q1 2024Q2 2024: 74Q2 2024Q3 2024: 97Q3 2024Q4 2024: 132Q4 2024Q1 2025: 148Q1 2025Q2 2025: 160Q2 2025Q3 2025: 162Q3 2025Q4 2025: 170Q4 2025Q1 2026: 168Q1 2026Q2 2026: 190Q2 2026

Total Exit/New Position Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions37$8.0M
Exits26$8.3M

All 13F filers, Q1 2025 → Q2 2025: 10,305,574 shares bought and 7,839,027 shares sold, net +2,466,547 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 160 holders

American Express Co. 99.98% No change 157,786,199 $994.1M
Apollo Management Holdings, L.P. 2.67% No change 25,706,886 $162.0M
Ares Management LLC 4.47% Add +21.8% 13,886,023 $87.5M
Vanguard Group Inc. 0.00% Add +19.2% 10,996,964 $69.3M
BlackRock, Inc. 0.00% Reduce -18.3% 7,533,784 $47.5M
Carronade Capital Management, LP 2.46% Add +55.3% 2,611,864 $16.5M
Dimensional Fund Advisors LP 0.00% Add +44.2% 2,368,229 $14.9M
State Street Corp. 0.00% Reduce -9.5% 2,245,614 $14.1M
Geode Capital Management, LLC 0.00% Reduce -11.4% 2,094,786 $13.2M
FMR LLC 0.00% Add +140.6% 1,096,298 $6.9M
Par Capital Management Inc. 0.21% Add +37.1% 1,024,014 $6.5M
Northern Trust Corp. 0.00% Reduce -18.1% 929,608 $5.9M
PB Investment Partners, L.P. 3.58% Add +36.2% 835,496 $5.3M
Advantage Alpha Capital Partners LP 1.35% Add +13.0% 795,691 $5.0M
Beach Point Capital Management LP 2.07% Reduce -63.0% 770,143 $4.9M
UBS Group AG 0.00% Add +61.2% 753,952 $4.7M
Charles Schwab Investment Management Inc. 0.00% Reduce -8.4% 723,192 $4.6M
Renaissance Technologies 0.01% Add +29.5% 665,220 $4.2M
Goldman Sachs Group Inc. 0.00% Reduce -13.6% 636,366 $4.0M
Morgan Stanley 0.00% Add +33.7% 483,844 $3.0M
Qube Research & Technologies Ltd 0.00% Add +1337.1% 462,876 $2.9M
Emmett Investment Management, LP 2.20% Reduce -12.4% 438,185 $2.8M
Ballast Asset Management, LP 1.30% No change 397,922 $2.5M
Golden State Wealth Management, LLC 0.30% No change 388,155 $2.4M
First Trust Advisors LP 0.00% Reduce -41.6% 385,493 $2.4M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +80.9% 381,554 $2.4M
E. Ohman J:or Asset Management AB 0.06% No change 359,201 $2.3M
Citadel Advisors 0.00% Add +24.0% 329,663 $2.1M
Bank of New York Mellon Corp 0.00% Reduce -56.6% 328,183 $2.1M
Barclays PLC 0.00% Add +22.2% 306,476 $1.9M
Nuveen, LLC 0.00% Reduce -17.7% 300,568 $1.9M
Tidal Investments LLC 0.01% Add +11.9% 298,493 $1.9M
HRT Financial LP 0.01% New 290,781 $1.8M
Wealthspire Advisors, LLC 0.01% No change 258,588 $1.6M
Millennium Management 0.00% Reduce -82.8% 236,360 $1.5M
Balyasny Asset Management L.P. 0.00% Add +113.2% 204,580 $1.3M
Swiss National Bank 0.00% No change 182,300 $1.1M
Jane Street Group, LLC 0.00% New 158,168 $996K
Weiss Asset Management LP 0.02% New 154,441 $973K
Rhumbline Advisers 0.00% Reduce -20.2% 143,252 $902K
Alliancebernstein L.P. 0.00% No change 135,720 $855K
Man Group plc 0.00% Add +29.1% 133,450 $841K
Verition Fund Management LLC 0.01% Add +869.4% 132,225 $833K
Ionic Capital Management LLC 1.24% New 128,007 $806K
Susquehanna International Group, LLP 0.00% Reduce -22.9% 122,625 $773K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -32.9% 117,054 $737K
Legal & General Group Plc 0.00% Add +4.0% 112,365 $708K
Bank of America Corp. 0.00% Reduce -4.2% 104,126 $656K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% Add +39.4% 104,000 $655K
Invesco Ltd. 0.00% Reduce -7.4% 102,216 $644K
American Capital Advisory, LLC 0.30% Reduce -0.6% 94,590 $596K
Deutsche Bank AG 0.00% Reduce -12.3% 93,096 $587K
Occudo Quantitative Strategies LP 0.06% Add +3.6% 88,122 $555K
California State Teachers Retirement System 0.00% Reduce -3.7% 86,749 $547K
AlphaQuest LLC 0.05% Reduce -23.6% 86,162 $543K
JPMorgan Chase & Co. 0.00% Reduce -23.3% 84,489 $532K
Readystate Asset Management LP 0.04% New 81,448 $513K
AQR Capital Management 0.00% Add +25.9% 80,618 $508K
Brevan Howard Capital Management LP 0.01% New 71,085 $448K
Intech Investment Management LLC 0.00% Reduce -14.2% 69,604 $439K
Manufacturers Life Insurance Company, The 0.00% Reduce -21.0% 65,254 $411K
American Century Companies Inc. 0.00% Add +0.3% 62,889 $396K
Squarepoint Ops LLC 0.00% Reduce -78.4% 62,052 $391K
Jupiter Asset Management Ltd. 0.00% No change 60,739 $383K
XTX Topco Ltd 0.02% Add +145.7% 60,601 $382K
State of Wisconsin Investment Board 0.00% Add +320.4% 59,239 $373K
MetLife Investment Management, LLC 0.00% Reduce -24.2% 57,910 $365K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -30.6% 51,767 $326K
Wells Fargo & Company 0.00% Reduce -19.3% 50,186 $316K
Atom Investors LP 0.03% New 48,272 $304K
T. Rowe Price Associates Inc. 0.00% Reduce -14.8% 47,008 $297K
Aster Capital Management (DIFC) Ltd 0.07% New 46,677 $294K
Harbor Capital Advisors, Inc. 0.01% Add +56.8% 41,399 $261K
Principal Financial Group Inc. 0.00% New 41,420 $261K
State of Wyoming 0.03% Add +6.5% 40,964 $258K
Prelude Capital Management, LLC 0.03% Add +281.6% 40,963 $258K
STRS Ohio 0.00% No change 40,900 $258K
Neo Ivy Capital Management 0.08% Add +926.2% 40,800 $257K
Citigroup Inc. 0.00% Reduce -58.1% 39,448 $249K
Janus Henderson Group PLC 0.00% No change 35,500 $224K
EntryPoint Capital, LLC 0.11% Add +30.4% 35,258 $222K
Tower Research Capital LLC (TRC) 0.01% Add +609.2% 34,247 $216K
ANTIPODES PARTNERS Ltd 0.01% Add +107.8% 32,085 $202K
Voya Investment Management LLC 0.00% Reduce -13.3% 31,552 $199K
Handelsbanken Fonder AB 0.00% Add +57.6% 30,900 $195K
Inceptionr LLC 0.04% New 30,095 $190K
Diametric Capital, LP 0.10% New 28,490 $179K
Arizona State Retirement System 0.00% Add +3.5% 27,924 $176K
HSBC Holdings PLC 0.00% Add +89.7% 27,516 $173K
Ethic Inc. 0.00% Reduce -10.0% 25,201 $163K
Wulff, Hansen & Co. 0.12% No change 23,126 $146K
Corton Capital Inc. 0.17% New 22,971 $145K
Police & Firemen's Retirement System of New Jersey 0.00% Reduce -10.5% 22,589 $142K
Victory Capital Management Inc. 0.00% Add +1.1% 21,879 $138K
Royal Bank of Canada 0.00% Add +42.1% 21,473 $135K
Sherbrooke Park Advisers LLC 0.06% New 20,949 $132K
New York State Common Retirement Fund 0.00% Reduce -43.6% 20,472 $129K
Skandinaviska Enskilda Banken AB (publ) 0.00% Add +71.9% 19,549 $123K
ProShare Advisors LLC 0.00% Reduce -28.7% 19,378 $122K
Olympiad Research LP 0.20% New 19,270 $121K
Quantessence Capital LLC 0.04% New 18,985 $120K
DRW Securities, LLC 0.01% New 18,201 $115K
Sei Investments Co. 0.00% No change 17,507 $110K
Vestcor Inc 0.00% No change 17,324 $109K
KLP Kapitalforvaltning As 0.00% No change 17,300 $109K
Prudential Financial Inc. 0.00% Reduce -81.9% 16,700 $105K
Voloridge Investment Management, LLC 0.00% Reduce -87.7% 16,410 $103K
Franklin Resources Inc. 0.00% New 16,157 $102K
OMERS ADMINISTRATION Corp 0.00% New 15,100 $95K
Teacher Retirement System of Texas 0.00% Add +5.5% 14,524 $92K
Schonfeld Strategic Advisors LLC 0.00% New 14,430 $91K
MQS Management LLC 0.05% Reduce -27.7% 14,060 $89K
Pictet Asset Management Holding SA 0.00% No change 13,578 $86K
Landscape Capital Management, L.L.C. 0.01% No change 12,442 $78K
PharVision Advisers, LLC 0.11% Add +4.5% 11,957 $75K
Cibc World Markets Corp. 0.00% Reduce -58.2% 11,643 $73K
Xponance LLC 0.00% Reduce -5.5% 11,251 $71K
Quadrature Capital Ltd 0.00% New 11,207 $71K
Creative Planning 0.00% New 10,607 $67K
Laurion Capital Management LP 0.01% New 10,573 $67K
Quantinno Capital Management LP 0.00% Reduce -32.4% 10,295 $65K
Ameritas Investment Partners, Inc. 0.00% Reduce -21.5% 9,648 $61K
BNP Paribas Financial Markets 0.00% Reduce -59.8% 9,294 $59K
Cwm, LLC 0.00% Add +262.6% 6,298 $40K
Quarry LP 0.01% Add +21.5% 4,423 $28K
Amalgamated Bank 0.00% No change 4,357 $27K
Federated Hermes, Inc. 0.00% No change 3,776 $24K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% New 3,194 $20K
Versant Capital Management, Inc 0.00% New 2,156 $14K
Osaic Holdings, Inc. 0.00% Add +18.7% 1,780 $11K
Nisa Investment Advisors, LLC 0.00% Add +85.3% 1,156 $7K
Simplex Trading, LLC 0.00% New 1,191 $7K
Raymond James Financial Inc. 0.00% New 1,024 $6K
Arax Advisory Partners 0.00% New 904 $6K
Russell Investments Group, Ltd. 0.00% Reduce -52.3% 674 $4K
Sterling Capital Management LLC 0.00% Add +14.5% 490 $3K
US Bancorp \de 0.00% New 280 $2K
Rothschild Investment LLC 0.00% Add +27.0% 235 $1K
Clearstead Advisors, LLC 0.00% New 231 $1K
IFP Advisors, Inc 0.00% New 25 $1K
EverSource Wealth Advisors, LLC 0.00% Add +13.6% 201 $1K
GAMMA Investing LLC 0.00% Reduce -73.3% 198 $1K
Harel Insurance Investments & Financial Services Ltd. 0.00% New 88 $1K
PNC Financial Services Group, Inc. 0.00% New 121 $762
Larson Financial Group LLC 0.00% New 58 $365
Allworth Financial LP 0.00% Reduce -84.4% 45 $284
MassMutual Private Wealth & Trust, FSB 0.00% New 42 $265
Caitong International Asset Management Co., Ltd 0.00% New 39 $246
Fortitude Family Office, LLC 0.00% New 33 $208
Essential Partners LLC 0.00% — 15 $95
Rialto Wealth Management, LLC 0.00% New 13 $82
JFS Wealth Advisors, LLC 0.00% Add +100.0% 10 $63
DiNuzzo Private Wealth, Inc. 0.00% No change 5 $32
HFM Investment Advisors, LLC 0.00% Add +150.0% 5 $32
SJS Investment Consulting Inc. 0.00% Reduce -42.9% 4 $26
Parkworth Wealth Management, Inc. 0.00% No change 3 $19
Bay Harbor Wealth Management, LLC 0.00% Add +50.0% 3 $18
True Wealth Design, LLC 0.00% No change 1 $7
Hemington Wealth Management 0.00% Add +78.8% 93 $0
Covestor Ltd 0.00% Reduce -7.1% 26 $0

"% of holder's portfolio" is GBTG's weight in each manager's 13F, not the share of Global Business Travel Group the manager owns.