Global Business Travel GroupGBTG
13F holders, Q2 2025 (June 30)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
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 37 | $8.0M |
| Exits | 26 | $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.