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Global Business Travel Group, Inc.

GBTG
Exchange
NYSE
Industry
Transportation Services
SEC CIK
0001820872

In the last 90 days, Global Business Travel Group, Inc. insiders filed 0 open-market purchases and 4 sales; 190 institutions reported holding it in 13F filings for Q2 2026, worth $3.09B in total; Soros Fund Management is the only superinvestor holding it.

13F holders, Q2 2025

Institutional positions in Global Business Travel Group, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
160
+13 vs. Q1 2025
Shares held
243.8M
+2.47M (+1.0%) vs. Q1 2025
Total value
$1.54B
−$204.1M (−11.7%) vs. Q1 2025
New holders
38
52 more added
Sold out
25
48 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GBTG on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 160 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 42 institutionsQ3 2022: 39 institutionsQ4 2022: 44 institutionsQ1 2023: 41 institutionsQ2 2023: 54 institutionsQ3 2023: 63 institutionsQ4 2023: 59 institutionsQ1 2024: 64 institutionsQ2 2024: 74 institutionsQ3 2024: 97 institutionsQ4 2024: 133 institutionsQ1 2025: 148 institutionsQ2 2025: 160 institutionsQ3 2025: 162 institutionsQ4 2025: 170 institutionsQ1 2026: 168 institutionsQ2 2026: 190 institutions
Value heldQ2 2025: $1.54B
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $299.0MQ3 2022: $270.6MQ4 2022: $387.8MQ1 2023: $383.4MQ2 2023: $429.1MQ3 2023: $358.3MQ4 2023: $1.44BQ1 2024: $1.38BQ2 2024: $1.55BQ3 2024: $1.89BQ4 2024: $2.22BQ1 2025: $1.74BQ2 2025: $1.54BQ3 2025: $2.22BQ4 2025: $2.22BQ1 2026: $1.85BQ2 2026: $3.09B
Institutions holding GBTG and their total value by quarter
QuarterHoldersValue
Q2 2026190$3.09B
Q1 2026168$1.85B
Q4 2025170$2.22B
Q3 2025162$2.22B
Q2 2025160$1.54B
Q1 2025148$1.74B
Q4 2024133$2.22B
Q3 202497$1.89B
Q2 202474$1.55B
Q1 202464$1.38B
Q4 202359$1.44B
Q3 202363$358.3M
Q2 202354$429.1M
Q1 202341$383.4M
Q4 202244$387.8M
Q3 202239$270.6M
Q2 202242$299.0M
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Global Business Travel Group, Inc.; share changes are against Q1 2025.

Institutions holding GBTG in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
American Express Co157,786,199$994.1M99.98%00.0%Unchanged
Apollo Management Holdings, L.P.25,706,886$162.0M2.54%00.0%Unchanged
Ares Management LLC13,886,023$87.5M4.47%+2,489,506+21.8%Added
Vanguard Group Inc10,996,964$69.3M0.00%+1,770,873+19.2%Added
BlackRock, Inc.7,533,784$47.5M0.00%−1,682,439−18.3%Reduced
Carronade Capital Management, LP2,611,864$16.5M2.28%+929,760+55.3%Added
Dimensional Fund Advisors LP2,368,229$14.9M0.00%+726,317+44.2%Added
State Street Corp2,245,614$14.1M0.00%−235,803−9.5%Reduced
Geode Capital Management, LLC2,094,786$13.2M0.00%−268,483−11.4%Reduced
FMR LLC1,096,298$6.91M0.00%+640,607+140.6%Added
Par Capital Management Inc1,024,014$6.45M0.21%+277,284+37.1%Added
Northern Trust Corp929,608$5.86M0.00%−205,916−18.1%Reduced
PB Investment Partners, L.P.835,496$5.26M3.58%+222,232+36.2%Added
Advantage Alpha Capital Partners LP795,691$5.01M1.35%+91,374+13.0%Added
Beach Point Capital Management LP770,143$4.85M2.07%−1,313,322−63.0%Reduced
UBS Group AG753,952$4.75M0.00%+286,363+61.2%Added
Charles Schwab Investment Management Inc723,192$4.56M0.00%−66,516−8.4%Reduced
Renaissance Technologies LLC665,220$4.19M0.01%+151,600+29.5%Added
Goldman Sachs Group Inc636,366$4.01M0.00%−100,106−13.6%Reduced
Morgan Stanley483,844$3.05M0.00%+121,910+33.7%Added
Qube Research & Technologies Ltd462,876$2.92M0.00%+430,667+1,337.1%Added
Emmett Investment Management, LP438,185$2.78M2.20%−61,993−12.4%Reduced
Ballast Asset Management, LP397,922$2.51M1.30%00.0%Unchanged
Golden State Wealth Management, LLC388,155$2.45M0.30%00.0%Unchanged
First Trust Advisors LP385,493$2.43M0.00%−274,925−41.6%Reduced
UBS Asset Management Americas Inc381,554$2.40M0.00%+170,653+80.9%Added
E. Ohman J:or Asset Management AB359,201$2.26M0.06%00.0%Unchanged
Citadel Advisors LLC329,663$2.08M0.00%+63,856+24.0%Added
Bank of New York Mellon Corp328,183$2.07M0.00%−428,910−56.7%Reduced
Barclays PLC306,476$1.93M0.00%+55,661+22.2%Added
Nuveen, LLC300,568$1.89M0.00%−64,546−17.7%Reduced
Toroso Investments, LLC298,493$1.88M0.01%+31,777+11.9%Added
HRT Financial LP290,781$1.83M0.01%+290,781New
Wealthspire Advisors, LLC258,588$1.63M0.01%00.0%Unchanged
Millennium Management LLC236,360$1.49M0.00%−1,135,878−82.8%Reduced
Balyasny Asset Management LLC204,580$1.29M0.00%+108,638+113.2%Added
Swiss National Bank182,300$1.15M0.00%00.0%Unchanged
Jane Street Group, LLC158,168$996.5K0.00%+158,168New
Weiss Asset Management LP154,441$973.0K0.02%+154,441New
Rhumbline Advisers143,252$902.5K0.00%−36,287−20.2%Reduced
Alliancebernstein L.P.135,720$855.0K0.00%00.0%Unchanged
Man Group plc133,450$840.7K0.00%+30,082+29.1%Added
Verition Fund Management LLC132,225$833.0K0.00%+118,585+869.4%Added
Ionic Capital Management LLC128,007$806.4K0.90%+128,007New
Susquehanna International Group, LLP122,625$772.5K0.00%−36,528−23.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)117,054$737.4K0.00%−57,286−32.9%Reduced
Legal & General Group Plc112,365$707.9K0.00%+4,308+4.0%Added
Bank of America Corp104,126$656.0K0.00%−4,561−4.2%Reduced
Virginia Retirement Systems Et Al104,000$655.2K0.00%+29,400+39.4%Added
Invesco Ltd.102,216$644.0K0.00%−8,198−7.4%Reduced
American Capital Advisory, LLC94,590$595.9K0.30%−607−0.6%Reduced
Deutsche Bank AG93,096$586.5K0.00%−12,993−12.2%Reduced
Occudo Quantitative Strategies LP88,122$555.2K0.06%+3,068+3.6%Added
California State Teachers Retirement System86,749$546.5K0.00%−3,347−3.7%Reduced
Quest Partners LLC86,162$542.8K0.05%−26,661−23.6%Reduced
JPMorgan Chase & Co84,489$532.3K0.00%−25,692−23.3%Reduced
Readystate Asset Management LP81,448$513.1K0.02%+81,448New
AQR Capital Management LLC80,618$507.9K0.00%+16,558+25.8%Added
Brevan Howard Capital Management LP71,085$447.8K0.00%+71,085New
Intech Investment Management LLC69,604$438.5K0.00%−11,494−14.2%Reduced
Manufacturers Life Insurance Company, The65,254$411.1K0.00%−17,305−21.0%Reduced
American Century Companies Inc62,889$396.2K0.00%+202+0.3%Added
Squarepoint Ops LLC62,052$390.9K0.00%−225,315−78.4%Reduced
Jupiter Asset Management Ltd60,739$382.7K0.00%00.0%Unchanged
XTX Topco Ltd60,601$381.8K0.02%+35,939+145.7%Added
State of Wisconsin Investment Board59,239$373.2K0.00%+45,147+320.4%Added
MetLife Investment Management57,910$364.8K0.00%−18,491−24.2%Reduced
Mirae Asset Global ETFs Holdings Ltd.51,767$326.1K0.00%−22,809−30.6%Reduced
Wells Fargo & Company50,186$316.2K0.00%−11,967−19.3%Reduced
Atom Investors LP48,272$304.1K0.03%+48,272New
Price T Rowe Associates Inc47,008$297.0K0.00%−8,131−14.7%Reduced
Aster Capital Management (DIFC) Ltd46,677$294.1K0.07%+46,677New
Harbor Capital Advisors, Inc.41,399$261.0K0.01%+14,997+56.8%Added
Principal Financial Group Inc41,420$260.9K0.00%+41,420New
State of Wyoming40,964$258.1K0.03%+2,504+6.5%Added
Prelude Capital Management, LLC40,963$258.1K0.03%+30,227+281.5%Added
STRS Ohio40,900$257.7K0.00%00.0%Unchanged
Neo Ivy Capital Management40,800$257.0K0.08%+36,824+926.2%Added
Citigroup Inc39,448$248.5K0.00%−54,719−58.1%Reduced
Janus Henderson Group PLC35,500$223.8K0.00%00.0%Unchanged
EntryPoint Capital, LLC35,258$222.1K0.11%+8,230+30.4%Added
Tower Research Capital LLC (TRC)34,247$215.8K0.01%+29,418+609.2%Added
Antipodes Partners Ltd32,085$202.2K0.01%+16,643+107.8%Added
Voya Investment Management LLC31,552$198.8K0.00%−4,821−13.3%Reduced
Handelsbanken Fonder AB30,900$195.0K0.00%+11,300+57.7%Added
Inceptionr LLC30,095$189.6K0.04%+30,095New
Diametric Capital, LP28,490$179.5K0.10%+28,490New
Arizona State Retirement System27,924$175.9K0.00%+932+3.5%Added
HSBC Holdings PLC27,516$173.1K0.00%+13,014+89.7%Added
Ethic Inc.25,201$162.5K0.00%−2,787−10.0%Reduced
Wulff, Hansen & Co.23,126$145.7K0.12%00.0%Unchanged
Corton Capital Inc.22,971$144.7K0.17%+22,971New
Police & Firemen's Retirement System of New Jersey22,589$142.3K0.00%−2,643−10.5%Reduced
Victory Capital Management Inc21,879$137.8K0.00%+228+1.1%Added
Royal Bank of Canada21,473$135.0K0.00%+6,358+42.1%Added
Sherbrooke Park Advisers LLC20,949$132.0K0.06%+20,949New
New York State Common Retirement Fund20,472$129.0K0.00%−15,800−43.6%Reduced
Skandinaviska Enskilda Banken AB (publ)19,549$123.2K0.00%+8,176+71.9%Added
ProShare Advisors LLC19,378$122.1K0.00%−7,789−28.7%Reduced
Keebeck Alpha, LP19,270$121.4K0.20%+19,270New