Who Owns Global Business Travel Group, Inc. (GBTG)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$InfinityT
% of Float Held
7.979646744269698e+292%
QoQ Change in Holders
+8 / -4
Price History
GBTG — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| AMERICAN EXPRESS CO | New Position | +157.8M | +$1.2T |
| Boundary Creek Advisors LP | New Position | +2.7M | +$20.9B |
| MILLENNIUM MANAGEMENT LLC | Increased | +1.6M | +$11.5B |
| FIRST TRUST ADVISORS LP | New Position | +576K | +$4.0B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New Position | +594K | +$4.0B |
| Ballast Asset Management, LP | New Position | +490K | +$3.7B |
| Neo Ivy Capital Management | Increased | +259K | +$2.0B |
| E. Ohman J:or Asset Management AB | New Position | +237K | +$1.8B |
| Boussard & Gavaudan Investment Management LLP | New Position | +144K | +$1.1B |
| BANK OF AMERICA CORP /DE/ | Increased | +44K | +$998.5M |
| American Capital Advisory, LLC | New Position | +123K | +$940.0M |
| XTX Topco Ltd | Increased | +220K | +$898.1M |
| SEI INVESTMENTS CO | Increased | +163K | +$858.5M |
| UBS Group AG | Increased | +124K | +$652.4M |
| WELLS FARGO & COMPANY/MN | Increased | +84K | +$517.7M |
GBTG — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| Anchorage Capital Advisors, L.P. | Decreased | -3.6M | -$58.0B |
| CARRONADE CAPITAL MANAGEMENT, LP | Closed Position | -1.7M | -$13.8B |
| Advantage Alpha Capital Partners LP | Closed Position | -630K | -$5.1B |
| RENAISSANCE TECHNOLOGIES LLC | Decreased | -191K | -$2.6B |
| PAR CAPITAL MANAGEMENT INC | Decreased | -156K | -$2.4B |
| BARCLAYS PLC | Decreased | -164K | -$2.0B |
| WELLINGTON MANAGEMENT GROUP LLP | Decreased | -96K | -$2.0B |
| Emmett Investment Management, LP | Closed Position | -229K | -$1.8B |
| Tidal Investments LLC | Decreased | -38K | -$1.6B |
| Verition Fund Management LLC | Decreased | -61K | -$1.2B |
| JANE STREET GROUP, LLC | Decreased | -88K | -$1.2B |
| Squarepoint Ops LLC | Decreased | -41K | -$628.0M |
| CITADEL ADVISORS LLC | Decreased | -18K | -$508.3M |
| ZACKS INVESTMENT MANAGEMENT | Closed Position | -62K | -$504.7M |
| AMERICAN CENTURY COMPANIES INC | Decreased | -14K | -$393.3M |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | AMERICAN EXPRESS CO | 157,786,199 | $1.2T | 100.00% | Share |
| 2 | Apollo Management Holdings, L.P. | 22,884,991 | $175.1B | 1432.76% | Share |
| 3 | ARES MANAGEMENT LLC | 13,886,023 | $106.2B | 6.07% | Share |
| 4 | DIMENSIONAL FUND ADVISORS LP | 2,823,234 | $21.0B | 4.41% | Share |
| 5 | Boundary Creek Advisors LP | 2,735,449 | $20.9B | 100.00% | Share |
| 6 | MILLENNIUM MANAGEMENT LLC | 1,679,217 | $12.0B | 5.05% | Share |
| 7 | NORTHERN TRUST CORP | 1,065,703 | $8.0B | 1.02% | Share |
| 8 | PB INVESTMENT PARTNERS, L.P. | 930,961 | $7.1B | 4.52% | Share |
| 9 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1,033,182 | $7.0B | 1.09% | Share |
| 10 | PAR CAPITAL MANAGEMENT INC | 883,244 | $6.0B | 0.16% | Share |
| 11 | UBS Group AG | 781,831 | $6.0B | 0.97% | Share |
| 12 | WELLINGTON MANAGEMENT GROUP LLP | 764,614 | $5.0B | 0.88% | Share |
| 13 | FIRST TRUST ADVISORS LP | 575,984 | $4.0B | 2.91% | Share |
| 14 | GOLDMAN SACHS GROUP INC | 607,923 | $4.0B | 0.49% | Share |
| 15 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 593,593 | $4.0B | 0.46% | Share |
| 16 | FMR LLC | 581,673 | $4.0B | 0.20% | Share |
| 17 | Ballast Asset Management, LP | 489,519 | $3.7B | 1.77% | Share |
| 18 | RENAISSANCE TECHNOLOGIES LLC | 500,720 | $3.0B | 4.65% | Share |
| 19 | Blackstone Inc. | 353,031 | $2.7B | 10.67% | Share |
| 20 | Neo Ivy Capital Management | 296,762 | $2.3B | 0.36% | Share |
| 21 | DIMENSIONAL FUND ADVISORS LP | 379,901 | $2.0B | 0.42% | Share |
| 22 | Nuveen, LLC | 321,122 | $2.0B | 0.52% | Share |
| 23 | E. Ohman J:or Asset Management AB | 237,167 | $1.8B | 0.04% | Share |
| 24 | Boussard & Gavaudan Investment Management LLP | 144,203 | $1.1B | 0.08% | Share |
| 25 | CastleKnight Management LP | 138,963 | $1.1B | 0.02% | Share |
| 26 | GOLDMAN SACHS GROUP INC | 241,499 | $1.0B | 0.12% | Share |
| 27 | BARCLAYS PLC | 203,785 | $1.0B | 0.24% | Share |
| 28 | JPMORGAN CHASE & CO | 200,000 | $1.0B | 0.06% | Share |
| 29 | BANK OF AMERICA CORP /DE/ | 189,760 | $1.0B | 0.07% | Share |
| 30 | ExodusPoint Capital Management, LP | 212,379 | $1.0B | 7.84% | Share |
| 31 | Swiss National Bank | 208,700 | $1.0B | 0.60% | Share |
| 32 | XTX Topco Ltd | 232,689 | $1.0B | 0.03% | Share |
| 33 | WELLS FARGO & COMPANY/MN | 143,285 | $1.0B | 0.18% | Share |
| 34 | Wealthspire Advisors, LLC | 258,732 | $1.0B | 7.96% | Share |
| 35 | ALLIANCEBERNSTEIN L.P. | 133,667 | $1.0B | 0.32% | Share |
| 36 | RHUMBLINE ADVISERS | 133,723 | $1.0B | 0.81% | Share |
| 37 | SEI INVESTMENTS CO | 180,634 | $1.0B | 0.99% | Share |
| 38 | American Capital Advisory, LLC | 122,969 | $940.0M | 0.41% | Share |
| 39 | Invesco Ltd. | 78,531 | $600.0M | 0.09% | Share |
| 40 | Zurcher Kantonalbank (Zurich Cantonalbank) | 55,379 | $423.0M | 0.91% | Share |
| 41 | DCM Advisors, LLC | 53,656 | $410.0M | 0.17% | Share |
| 42 | OCCUDO QUANTITATIVE STRATEGIES LP | 44,260 | $338.0M | 0.02% | Share |
| 43 | Invesco Ltd. | 42,884 | $328.0M | 0.05% | Share |
| 44 | INCEPTIONR LLC | 35,338 | $270.0M | 0.07% | Share |
| 45 | UBS Group AG | 33,600 | $257.0M | 0.04% | Share |
| 46 | Arizona State Retirement System | 29,298 | $224.0M | 1.22% | Share |
| 47 | LEVIN CAPITAL STRATEGIES, L.P. | 25,000 | $191.0M | 0.02% | Share |
| 48 | Swiss Life Asset Management Ltd | 24,210 | $185.0M | 0.94% | Share |
| 49 | WULFF, HANSEN & CO. | 23,126 | $176.0M | 0.15% | Share |
| 50 | KLP KAPITALFORVALTNING AS | 22,700 | $173.0M | 0.67% | Share |
GBTG Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 168 | $1.6T | +41 |
| Q3 2025 | 127 | $459.9B | -7 |
| Q2 2025 | 134 | $1.4T | -13 |
| Q1 2025 | 147 | $1.6T | +21 |
| Q4 2024 | 126 | $2.0T | +42 |
| Q3 2024 | 84 | $10.2T | +19 |
| Q2 2024 | 65 | $8.8T | +10 |
| Q1 2024 | 55 | $1.0T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold GBTG (Global Business Travel Group, Inc.). The largest holder is AMERICAN EXPRESS CO with $1.2T in shares. This quarter, 8 institutions opened new positions and 4 closed their positions.
Frequently Asked Questions
How many hedge funds own GBTG?
As of Q4 2025, 50 institutional investors report holding GBTG (Global Business Travel Group, Inc.) in their 13F filings.
Who is the largest institutional holder of GBTG?
The largest institutional holder of GBTG is AMERICAN EXPRESS CO with $1.2T in shares.
Is institutional ownership of GBTG increasing or decreasing?
This quarter, 8 institutions opened new positions in GBTG and 4 closed their positions.