Global Business Travel GroupGBTG

13F holders, Q3 2025 (September 30)
162holders +2
31new positions
27sold out
4famous investors
$7.89avg. 13F price*

At the end of Q3 2025, 162 institutions reported holding Global Business Travel Group (GBTG) in their 13F filings, up 2 from Q2 2025. 31 opened new positions and 27 sold out. The largest holders were American Express Co. ($1.3B), Redwood Capital Management, LLC ($173.3M) and Apollo Management Holdings, L.P. ($153.2M). 4 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Cliff Asness (0.0% of AQR Capital Management'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

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 Q2 2025 → Q3 2025

InstitutionsTotal Value
New Positions31$327.3M
Exits27$13.9M

All 13F filers, Q2 2025 → Q3 2025: 43,104,055 shares bought and 5,556,536 shares sold, net +37,547,519 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 162 holders

American Express Co. 99.97% No change 157,786,199 $1.3B
Redwood Capital Management, LLC 19.27% New 21,453,815 $173.3M
Apollo Management Holdings, L.P. 2.72% No change 25,706,886 $153.2M
Ares Management LLC 5.15% No change 13,886,023 $112.2M
Vanguard Group Inc. 0.00% Add +1.1% 11,113,383 $89.8M
BlackRock, Inc. 0.00% Add +4.2% 7,851,941 $63.4M
Anchorage Capital Advisors, L.P. 57.33% New 7,187,258 $58.1M
Monarch Alternative Capital LP 13.71% New 7,138,582 $57.7M
Boundary Creek Advisors LP 100.00% New 2,735,449 $22.9M
Dimensional Fund Advisors LP 0.00% Add +19.3% 2,826,361 $22.8M
Geode Capital Management, LLC 0.00% Add +13.6% 2,378,825 $19.2M
State Street Corp. 0.00% Add +0.5% 2,257,406 $18.2M
Carronade Capital Management, LP 1.43% Reduce -34.7% 1,705,039 $13.8M
FMR LLC 0.00% Add +14.8% 1,258,062 $10.2M
Par Capital Management Inc. 0.25% Add +1.5% 1,039,014 $8.4M
Northern Trust Corp. 0.00% Add +6.1% 986,714 $8.0M
PB Investment Partners, L.P. 5.10% Add +11.3% 930,119 $7.5M
Charles Schwab Investment Management Inc. 0.00% Add +24.1% 897,530 $7.3M
Wellington Management Group LLP 0.00% New 861,001 $7.0M
Goldman Sachs Group Inc. 0.00% Add +30.9% 833,195 $6.7M
Morgan Stanley 0.00% Add +61.3% 780,553 $6.3M
Renaissance Technologies 0.01% Add +4.0% 691,620 $5.6M
UBS Group AG 0.00% Reduce -8.3% 691,281 $5.6M
Advantage Alpha Capital Partners LP 1.53% Reduce -20.8% 630,004 $5.1M
Ballast Asset Management, LP 1.87% Add +27.2% 505,999 $4.1M
Beach Point Capital Management LP 1.82% Reduce -37.3% 483,197 $3.9M
Barclays PLC 0.00% Add +19.9% 367,525 $3.0M
E. Ohman J:or Asset Management AB 0.07% No change 359,201 $2.9M
Blackstone Inc. 0.01% New 355,836 $2.9M
Bank of New York Mellon Corp 0.00% Reduce -7.8% 302,591 $2.4M
Nuveen, LLC 0.00% Reduce -1.2% 297,054 $2.4M
Wealthspire Advisors, LLC 0.01% Add +0.0% 258,593 $2.1M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -36.4% 242,823 $2.0M
Emmett Investment Management, LP 1.43% Reduce -47.6% 229,404 $1.8M
Tidal Investments LLC 0.01% Reduce -33.2% 199,377 $1.6M
ExodusPoint Capital Management, LP 0.02% New 194,744 $1.6M
Bank of America Corp. 0.00% Add +83.4% 190,965 $1.5M
Swiss National Bank 0.00% Add +1.8% 185,600 $1.5M
Ionic Capital Management LLC 1.70% Add +31.3% 168,007 $1.4M
Verition Fund Management LLC 0.01% Add +13.3% 149,753 $1.2M
Jane Street Group, LLC 0.00% Reduce -9.1% 143,832 $1.2M
CastleKnight Management LP 0.06% New 138,963 $1.1M
Rhumbline Advisers 0.00% Reduce -4.2% 137,203 $1.1M
Alliancebernstein L.P. 0.00% Reduce -1.3% 134,020 $1.1M
Deutsche Bank AG 0.00% Add +39.1% 129,473 $1.0M
American Capital Advisory, LLC 0.47% Add +33.0% 125,851 $1.0M
Invesco Ltd. 0.00% Add +14.2% 116,709 $943K
Legal & General Group Plc 0.00% Reduce -5.9% 105,690 $854K
AQR Capital Management 0.00% Add +19.6% 96,390 $779K
California State Teachers Retirement System 0.00% Add +0.0% 86,753 $701K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% Reduce -23.0% 80,100 $647K
Squarepoint Ops LLC 0.00% Add +25.3% 77,729 $628K
JPMorgan Chase & Co. 0.00% Reduce -8.9% 76,968 $622K
AlphaQuest LLC 0.04% Reduce -16.5% 71,965 $581K
Citadel Advisors 0.00% Reduce -80.9% 62,913 $508K
Zacks Investment Management 0.00% New 62,464 $505K
Manufacturers Life Insurance Company, The 0.00% Reduce -5.4% 61,750 $499K
Millennium Management 0.00% Reduce -74.1% 61,136 $494K
Wells Fargo & Company 0.00% Add +18.9% 59,689 $482K
MetLife Investment Management, LLC 0.00% No change 57,910 $468K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Reduce -52.7% 55,379 $447K
Intech Investment Management LLC 0.00% Reduce -21.2% 54,848 $443K
Levin Capital Strategies, L.P. 0.04% New 50,000 $404K
T. Rowe Price Associates Inc. 0.00% Add +5.8% 49,715 $402K
American Century Companies Inc. 0.00% Reduce -22.6% 48,680 $393K
Qube Research & Technologies Ltd 0.00% Reduce -90.1% 45,801 $370K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -14.3% 44,353 $358K
STRS Ohio 0.00% No change 40,900 $330K
Neo Ivy Capital Management 0.07% Reduce -7.1% 37,894 $306K
Dark Forest Capital Management LP 0.01% New 35,871 $290K
Janus Henderson Group PLC 0.00% No change 35,500 $287K
Gsa Capital Partners LLP 0.02% New 33,183 $268K
Man Group plc 0.00% Reduce -76.0% 32,019 $259K
Handelsbanken Fonder AB 0.00% No change 30,900 $250K
Ethic Inc. 0.00% Add +14.1% 28,753 $232K
Arizona State Retirement System 0.00% Add +1.4% 28,330 $229K
Police & Firemen's Retirement System of New Jersey 0.00% Add +23.9% 27,994 $226K
Brevan Howard Capital Management LP 0.00% Reduce -61.3% 27,495 $222K
State of Alaska, Department of Revenue 0.00% New 26,151 $211K
Harbor Capital Advisors, Inc. 0.02% Reduce -40.8% 24,499 $198K
Wulff, Hansen & Co. 0.16% No change 23,126 $187K
Victory Capital Management Inc. 0.00% Reduce -3.7% 21,066 $170K
New York State Common Retirement Fund 0.00% No change 20,472 $165K
Creative Planning 0.00% Add +82.5% 19,353 $156K
BNP Paribas Financial Markets 0.00% Add +105.8% 19,127 $155K
Skandinaviska Enskilda Banken AB (publ) 0.00% Reduce -8.1% 17,967 $145K
Voya Investment Management LLC 0.00% Reduce -44.5% 17,523 $142K
Sei Investments Co. 0.00% No change 17,507 $141K
Vestcor Inc 0.00% No change 17,324 $140K
KLP Kapitalforvaltning As 0.00% No change 17,300 $140K
Bridgefront Capital, LLC 0.04% New 17,123 $138K
Abdiel Capital Advisors, LP 0.04% New 17,041 $138K
Quantinno Capital Management LP 0.00% Add +64.1% 16,894 $137K
HSBC Holdings PLC 0.00% Reduce -38.7% 16,875 $136K
Engineers Gate Manager LP 0.00% New 16,862 $136K
Franklin Resources Inc. 0.00% Add +0.3% 16,199 $131K
ProShare Advisors LLC 0.00% Reduce -16.6% 16,158 $131K
Jain Global LLC 0.00% New 15,404 $124K
Inceptionr LLC 0.03% Reduce -48.9% 15,381 $124K
Atom Investors LP 0.01% Reduce -69.5% 14,738 $119K
Prudential Financial Inc. 0.00% Reduce -15.9% 14,045 $113K
Quantessence Capital LLC 0.04% Reduce -27.9% 13,683 $111K
Pictet Asset Management Holding SA 0.00% No change 13,578 $110K
OMERS ADMINISTRATION Corp 0.00% Reduce -11.9% 13,300 $107K
XTX Topco Ltd 0.01% Reduce -79.2% 12,616 $102K
Fieldview Capital Management, LLC 0.02% New 12,601 $102K
Teacher Retirement System of Texas 0.00% Reduce -13.7% 12,531 $101K
Landscape Capital Management, L.L.C. 0.01% No change 12,442 $101K
Mariner, LLC 0.00% New 12,397 $100K
Prelude Capital Management, LLC 0.01% Reduce -73.2% 11,000 $89K
PharVision Advisers, LLC 0.05% Reduce -10.5% 10,699 $86K
Aigen Investment Management, LP 0.01% New 10,570 $85K
Xponance LLC 0.00% Reduce -7.7% 10,384 $84K
Forum Financial Management, LP 0.00% New 10,283 $83K
CIBC Bancorp USA Inc. 0.00% — 10,073 $81K
Citigroup Inc. 0.00% Reduce -75.8% 9,558 $77K
Russell Investments Group, Ltd. 0.00% Add +1238.9% 9,024 $73K
Ameritas Investment Partners, Inc. 0.00% Reduce -18.2% 7,895 $64K
Cwm, LLC 0.00% Add +21.1% 7,630 $62K
Advisory Services Network, LLC 0.00% New 7,500 $61K
Tower Research Capital LLC (TRC) 0.00% Reduce -79.0% 7,182 $58K
Royal Bank of Canada 0.00% Reduce -72.3% 5,937 $48K
Rockefeller Capital Management L.P. 0.00% New 4,741 $38K
Federated Hermes, Inc. 0.00% No change 3,776 $31K
Quantbot Technologies LP 0.00% New 3,207 $26K
Amalgamated Bank 0.00% Reduce -29.7% 3,062 $25K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Reduce -14.6% 2,728 $22K
Arax Advisory Partners 0.00% Add +168.0% 2,423 $20K
Versant Capital Management, Inc 0.00% No change 2,156 $17K
Quarry LP 0.00% Reduce -57.6% 1,877 $15K
Osaic Holdings, Inc. 0.00% Reduce -6.0% 1,673 $14K
Simplex Trading, LLC 0.00% Add +28.0% 1,524 $12K
Nisa Investment Advisors, LLC 0.00% Add +8.6% 1,255 $10K
Sterling Capital Management LLC 0.00% Add +90.8% 935 $8K
US Bancorp \de 0.00% Add +167.9% 750 $6K
MassMutual Private Wealth & Trust, FSB 0.00% Add +1104.8% 506 $4K
Root Financial Partners, LLC 0.00% New 460 $4K
National Bank of Canada 0.00% New 292 $2K
Optiver Holding B.V. 0.00% New 230 $2K
GAMMA Investing LLC 0.00% Add +10.1% 218 $2K
Allworth Financial LP 0.00% Add +351.1% 203 $2K
Rothschild Investment LLC 0.00% Reduce -17.0% 195 $2K
EverSource Wealth Advisors, LLC 0.00% Reduce -3.5% 194 $2K
Hemington Wealth Management 0.00% Add +51.6% 141 $1K
Harel Insurance Investments & Financial Services Ltd. 0.00% No change 88 $1K
PNC Financial Services Group, Inc. 0.00% No change 121 $978
IFP Advisors, Inc 0.00% Add +380.0% 120 $970
Clearstead Advisors, LLC 0.00% Reduce -64.1% 83 $671
JFS Wealth Advisors, LLC 0.00% Add +550.0% 65 $526
Larson Financial Group LLC 0.00% No change 58 $469
Essential Partners LLC 0.00% Add +253.3% 53 $428
Fortitude Family Office, LLC 0.00% No change 33 $267
Signaturefd, LLC 0.00% New 28 $226
Farther Finance Advisors, LLC 0.00% New 24 $194
SJS Investment Consulting Inc. 0.00% Add +425.0% 21 $170
DiNuzzo Private Wealth, Inc. 0.00% Add +280.0% 19 $159
Rialto Wealth Management, LLC 0.00% Reduce -7.7% 12 $97
HFM Investment Advisors, LLC 0.00% Add +120.0% 11 $89
Bay Harbor Wealth Management, LLC 0.00% Add +33.3% 4 $32
True Wealth Design, LLC 0.00% No change 1 $9
Covestor Ltd 0.00% No change 26 $0
Cloud Capital Management, LLC 0.00% New 28 $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.