Global Business Travel GroupGBTG

13F holders, Q4 2025 (December 31)
170holders +8
30new positions
23sold out
5famous investors
$7.65avg. 13F price*

At the end of Q4 2025, 170 institutions reported holding Global Business Travel Group (GBTG) in their 13F filings, up 8 from Q3 2025. 30 opened new positions and 23 sold out. The largest holders were American Express Co. ($1.2B), Apollo Management Holdings, L.P. ($175.1M) and Redwood Capital Management, LLC ($164.1M). 5 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 Steve Cohen (0.0% of Point72 Asset 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 Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions30$17.7M
Exits23$22.0M

All 13F filers, Q3 2025 → Q4 2025: 12,153,557 shares bought and 11,112,356 shares sold, net +1,041,201 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 170 holders

American Express Co. 100.00% No change 157,786,199 $1.2B
Apollo Management Holdings, L.P. 2.06% Reduce -11.0% 22,884,991 $175.1M
Redwood Capital Management, LLC 21.78% Add +0.0% 21,453,816 $164.1M
Ares Management LLC 6.07% No change 13,886,023 $106.2M
Vanguard Group Inc. 0.00% Add +24.7% 13,857,451 $106.0M
BlackRock, Inc. 0.00% Add +24.3% 9,756,117 $74.6M
Attestor Capital Ltd 32.07% — 8,878,004 $67.9M
Monarch Alternative Capital LP 13.27% No change 7,138,582 $54.6M
Anchorage Capital Advisors, L.P. 28.49% Reduce -50.0% 3,593,635 $27.5M
Dimensional Fund Advisors LP 0.01% Add +17.4% 3,318,614 $25.4M
Geode Capital Management, LLC 0.00% Add +21.7% 2,894,872 $22.2M
Boundary Creek Advisors LP 100.00% No change 2,735,449 $20.9M
State Street Corp. 0.00% Add +16.4% 2,628,063 $20.1M
Millennium Management 0.01% Add +2646.7% 1,679,217 $12.8M
Northern Trust Corp. 0.00% Add +15.9% 1,143,757 $8.7M
Charles Schwab Investment Management Inc. 0.00% Add +15.1% 1,033,182 $7.9M
PB Investment Partners, L.P. 4.52% Add +0.1% 930,961 $7.1M
Par Capital Management Inc. 0.18% Reduce -15.0% 883,244 $6.8M
Goldman Sachs Group Inc. 0.00% Add +4.1% 867,325 $6.6M
UBS Group AG 0.00% Add +18.0% 815,625 $6.2M
Wellington Management Group LLP 0.00% Reduce -11.2% 764,614 $5.8M
Morgan Stanley 0.00% Reduce -18.3% 637,508 $4.9M
Susquehanna International Group, LLP 0.01% New 593,593 $4.5M
FMR LLC 0.00% Reduce -53.8% 581,701 $4.5M
First Trust Advisors LP 0.00% New 575,984 $4.4M
Renaissance Technologies 0.01% Reduce -27.6% 500,720 $3.8M
Ballast Asset Management, LP 1.77% Reduce -3.3% 489,519 $3.7M
Bank of New York Mellon Corp 0.00% Add +34.2% 406,011 $3.1M
Blackstone Inc. 0.01% Reduce -0.8% 353,031 $2.7M
Nuveen, LLC 0.00% Add +14.0% 338,603 $2.6M
JPMorgan Chase & Co. 0.00% Add +303.6% 310,611 $2.4M
Neo Ivy Capital Management 0.36% Add +683.1% 296,762 $2.3M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +16.7% 283,468 $2.2M
Wealthspire Advisors, LLC 0.02% Add +0.1% 258,732 $2.0M
E. Ohman J:or Asset Management AB 0.04% Reduce -34.0% 237,167 $1.8M
Bank of America Corp. 0.00% Add +23.1% 235,076 $1.8M
XTX Topco Ltd 0.05% Add +1744.4% 232,689 $1.8M
SG Americas Securities, LLC 0.00% New 217,888 $1.7M
ExodusPoint Capital Management, LP 0.02% Add +9.1% 212,379 $1.6M
Swiss National Bank 0.00% Add +12.4% 208,700 $1.6M
Barclays PLC 0.00% Reduce -44.5% 203,854 $1.6M
Sei Investments Co. 0.00% Add +931.9% 180,660 $1.4M
Tidal Investments LLC 0.01% Reduce -19.3% 160,916 $1.2M
Deutsche Bank AG 0.00% Add +22.9% 159,127 $1.2M
Ionic Capital Management LLC 1.41% Reduce -6.0% 158,007 $1.2M
Boussard & Gavaudan Investment Management LLP 0.17% New 144,203 $1.1M
Wells Fargo & Company 0.00% Add +140.1% 143,307 $1.1M
Invesco Ltd. 0.00% Add +20.9% 141,062 $1.1M
CastleKnight Management LP 0.06% No change 138,963 $1.1M
Gsa Capital Partners LLP 0.09% Add +318.3% 138,798 $1.1M
Rhumbline Advisers 0.00% Reduce -2.5% 133,723 $1.0M
Alliancebernstein L.P. 0.00% Reduce -0.3% 133,667 $1.0M
American Capital Advisory, LLC 0.41% Reduce -2.3% 122,969 $941K
AQR Capital Management 0.00% Add +27.5% 122,869 $940K
Legal & General Group Plc 0.00% Add +0.7% 106,395 $814K
Lazard Asset Management LLC 0.00% New 101,142 $774K
Balyasny Asset Management L.P. 0.00% New 90,228 $690K
California State Teachers Retirement System 0.00% Add +2.5% 88,896 $680K
Verition Fund Management LLC 0.00% Reduce -40.7% 88,785 $679K
Walleye Capital LLC 0.00% New 81,623 $624K
Manufacturers Life Insurance Company, The 0.00% Add +30.6% 80,660 $617K
AlphaQuest LLC 0.03% Add +8.9% 78,338 $599K
MetLife Investment Management, LLC 0.00% Add +26.3% 73,129 $559K
T. Rowe Price Associates Inc. 0.00% Add +45.0% 72,097 $552K
Connor, Clark & Lunn Investment Management Ltd. 0.00% New 62,716 $480K
Two Sigma Advisers, LP 0.00% New 62,000 $474K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +36.7% 60,618 $464K
Jane Street Group, LLC 0.00% Reduce -61.5% 55,445 $424K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 55,379 $424K
Man Group plc 0.00% Add +69.8% 54,368 $416K
DCM Advisors, LLC 0.17% New 53,656 $410K
Jain Global LLC 0.00% Add +228.4% 50,586 $387K
Point72 Asset Management 0.00% New 50,000 $383K
Ethic Inc. 0.01% Add +73.6% 49,919 $382K
Intech Investment Management LLC 0.00% Reduce -11.4% 48,574 $372K
Engineers Gate Manager LP 0.00% Add +172.0% 45,866 $351K
Citadel Advisors 0.00% Reduce -28.2% 45,188 $346K
Vident Advisory, LLC 0.00% New 44,929 $344K
Occudo Quantitative Strategies LP 0.02% New 44,260 $339K
Fieldview Capital Management, LLC 0.05% Add +203.7% 38,265 $293K
Squarepoint Ops LLC 0.00% Reduce -52.4% 36,976 $283K
Algert Global LLC 0.00% New 35,871 $274K
Janus Henderson Group PLC 0.00% No change 35,500 $272K
Inceptionr LLC 0.07% Add +129.8% 35,338 $270K
American Century Companies Inc. 0.00% Reduce -27.9% 35,096 $268K
Police & Firemen's Retirement System of New Jersey 0.00% Add +14.9% 32,175 $246K
Harbor Capital Advisors, Inc. 0.02% Add +30.5% 31,982 $245K
New York State Common Retirement Fund 0.00% Add +50.8% 30,872 $236K
Handelsbanken Fonder AB 0.00% No change 30,900 $236K
Arizona State Retirement System 0.00% Add +3.4% 29,298 $224K
BNP Paribas Financial Markets 0.00% Add +48.0% 28,308 $217K
Victory Capital Management Inc. 0.00% Add +27.6% 26,890 $206K
State of Alaska, Department of Revenue 0.00% Add +2.6% 26,842 $205K
Quantinno Capital Management LP 0.00% Add +50.1% 25,353 $194K
Levin Capital Strategies, L.P. 0.02% Reduce -50.0% 25,000 $191K
Swiss Life Asset Management Ltd 0.00% New 24,210 $185K
Creative Planning 0.00% Add +23.5% 23,896 $183K
ProShare Advisors LLC 0.00% Add +47.8% 23,874 $183K
Wulff, Hansen & Co. 0.15% No change 23,126 $177K
KLP Kapitalforvaltning As 0.00% Add +31.2% 22,700 $174K
Marshall Wace, LLP 0.00% New 21,600 $165K
MQS Management LLC 0.10% New 21,133 $162K
Schonfeld Strategic Advisors LLC 0.00% New 19,321 $148K
Skandinaviska Enskilda Banken AB (publ) 0.00% No change 17,967 $137K
Voya Investment Management LLC 0.00% Add +2.3% 17,933 $137K
Abdiel Capital Advisors, LP 0.19% Add +4.8% 17,856 $137K
Vestcor Inc 0.00% No change 17,324 $133K
Franklin Resources Inc. 0.00% No change 16,199 $124K
HSBC Holdings PLC 0.00% Reduce -8.7% 15,413 $118K
Landscape Capital Management, L.L.C. 0.01% Add +17.1% 14,567 $111K
Mariner, LLC 0.00% Add +11.6% 13,834 $106K
Pictet Asset Management Holding SA 0.00% No change 13,578 $104K
PharVision Advisers, LLC 0.05% Add +26.1% 13,495 $103K
Xponance LLC 0.00% Add +29.2% 13,416 $103K
Amundi 0.00% New 12,319 $94K
Fox Run Management, L.L.C. 0.01% New 12,126 $93K
Brevan Howard Capital Management LP 0.00% Reduce -57.2% 11,760 $90K
VIRGINIA RETIREMENT SYSTEMS ET Al 0.00% Reduce -85.5% 11,650 $89K
Russell Investments Group, Ltd. 0.00% Add +28.3% 11,573 $89K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% New 11,513 $88K
Los Angeles Capital Management LLC 0.00% New 11,059 $87K
R Squared Ltd 0.04% New 11,178 $86K
Ameritas Investment Partners, Inc. 0.00% Add +34.3% 10,603 $81K
Tower Research Capital LLC (TRC) 0.00% Add +45.7% 10,467 $80K
Forum Financial Management, LP 0.00% No change 10,283 $79K
Royal Bank of Canada 0.00% Add +72.5% 10,239 $78K
Cwm, LLC 0.00% Add +1.6% 7,754 $59K
Rockefeller Capital Management L.P. 0.00% No change 4,741 $36K
Northwestern Mutual Wealth Management Co. 0.00% New 4,203 $32K
Amalgamated Bank 0.00% Add +34.0% 4,104 $31K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +38.3% 3,772 $29K
Citigroup Inc. 0.00% Reduce -61.7% 3,658 $28K
Aster Capital Management (DIFC) Ltd 0.01% New 2,391 $18K
Kemnay Advisory Services Inc. 0.00% New 2,214 $17K
Versant Capital Management, Inc 0.00% No change 2,156 $16K
Farther Finance Advisors, LLC 0.00% Add +6262.5% 1,527 $12K
Sterling Capital Management LLC 0.00% Add +59.3% 1,489 $11K
Nisa Investment Advisors, LLC 0.00% No change 1,255 $10K
US Bancorp \de 0.00% Add +54.8% 1,161 $9K
Arax Advisory Partners 0.00% Reduce -58.6% 1,002 $8K
Quarry LP 0.00% Reduce -51.1% 917 $7K
Root Financial Partners, LLC 0.00% Add +20.9% 556 $4K
MassMutual Private Wealth & Trust, FSB 0.00% No change 506 $4K
Optiver Holding B.V. 0.00% Add +59.1% 366 $3K
Rothschild Investment LLC 0.00% Add +16.4% 227 $2K
Allworth Financial LP 0.00% Reduce -0.5% 202 $2K
Torren Management, LLC 0.00% — 202 $2K
National Bank of Canada 0.00% Reduce -31.5% 200 $2K
GAMMA Investing LLC 0.00% Reduce -9.2% 198 $2K
EverSource Wealth Advisors, LLC 0.00% Reduce -27.3% 141 $1K
Harel Insurance Investments & Financial Services Ltd. 0.00% No change 88 $1K
IFP Advisors, Inc 0.00% Add +6.7% 128 $979
JFS Wealth Advisors, LLC 0.00% Add +73.8% 113 $865
PNC Financial Services Group, Inc. 0.00% Reduce -10.7% 108 $826
Osaic Holdings, Inc. 0.00% Reduce -94.7% 89 $681
Fortitude Family Office, LLC 0.00% Add +100.0% 66 $505
Optima Capital LLC 0.00% New 65 $497
Essential Partners LLC 0.00% Add +15.1% 61 $467
Larson Financial Group LLC 0.00% No change 58 $444
Jones Financial Companies LLLP 0.00% New 48 $367
Keating Financial Advisory Services, Inc. 0.00% — 46 $352
Rialto Wealth Management, LLC 0.00% Add +125.0% 27 $207
True Wealth Design, LLC 0.00% Add +2400.0% 25 $192
Transamerica Financial Advisors, LLC 0.00% New 25 $191
DiNuzzo Private Wealth, Inc. 0.00% Add +10.5% 21 $161
HFM Investment Advisors, LLC 0.00% No change 11 $85
Bay Harbor Wealth Management, LLC 0.00% Add +75.0% 7 $53
SJS Investment Consulting Inc. 0.00% Reduce -71.4% 6 $46
Dunhill Financial, LLC 0.00% New 3 $20
Covestor Ltd 0.00% No change 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.