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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, Q3 2025

Institutional positions in Global Business Travel Group, Inc. as of Sep 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
162
+4 vs. Q2 2025
Shares held
281.4M
+37.6M (+15.4%) vs. Q2 2025
Total value
$2.22B
+$683.7M (+44.5%) vs. Q2 2025
New holders
31
53 more added
Sold out
27
55 more reduced

2 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 162 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 heldQ3 2025: $2.22B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Global Business Travel Group, Inc.; share changes are against Q2 2025.

Institutions holding GBTG in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
American Express Co157,786,199$1.27B99.97%00.0%Unchanged
Redwood Capital Management, LLC21,453,815$173.3M16.79%+21,453,815New
Apollo Management Holdings, L.P.25,706,886$153.2M2.29%00.0%Unchanged
Ares Management LLC13,886,023$112.2M5.15%00.0%Unchanged
Vanguard Group Inc11,113,383$89.8M0.00%+116,419+1.1%Added
BlackRock, Inc.7,851,941$63.4M0.00%+318,157+4.2%Added
Anchorage Capital Advisors, L.P.7,187,258$58.1M49.67%+7,187,258New
Monarch Alternative Capital LP7,138,582$57.7M7.74%+7,138,582New
Boundary Creek Advisors LP2,735,449$22.9M100.00%+2,735,449New
Dimensional Fund Advisors LP2,826,361$22.8M0.00%+458,132+19.3%Added
Geode Capital Management, LLC2,378,825$19.2M0.00%+284,039+13.6%Added
State Street Corp2,257,406$18.2M0.00%+11,792+0.5%Added
Carronade Capital Management, LP1,705,039$13.8M1.36%−906,825−34.7%Reduced
FMR LLC1,258,062$10.2M0.00%+161,764+14.8%Added
Par Capital Management Inc1,039,014$8.40M0.25%+15,000+1.5%Added
Northern Trust Corp986,714$7.97M0.00%+57,106+6.1%Added
PB Investment Partners, L.P.930,119$7.52M5.10%+94,623+11.3%Added
Charles Schwab Investment Management Inc897,530$7.25M0.00%+174,338+24.1%Added
Wellington Management Group LLP861,001$6.96M0.00%+861,001New
Goldman Sachs Group Inc833,195$6.73M0.00%+196,829+30.9%Added
Morgan Stanley780,553$6.31M0.00%+296,709+61.3%Added
Renaissance Technologies LLC691,620$5.59M0.01%+26,400+4.0%Added
UBS Group AG691,281$5.59M0.00%−62,671−8.3%Reduced
Advantage Alpha Capital Partners LP630,004$5.09M1.53%−165,687−20.8%Reduced
Ballast Asset Management, LP505,999$4.09M1.87%+108,077+27.2%Added
Beach Point Capital Management LP483,197$3.90M1.82%−286,946−37.3%Reduced
Barclays PLC367,525$2.97M0.00%+61,049+19.9%Added
E. Ohman J:or Asset Management AB359,201$2.90M0.07%00.0%Unchanged
Blackstone Group Inc.355,836$2.88M0.01%+355,836New
Bank of New York Mellon Corp302,591$2.44M0.00%−25,592−7.8%Reduced
Nuveen, LLC297,054$2.40M0.00%−3,514−1.2%Reduced
Wealthspire Advisors, LLC258,593$2.09M0.01%+50.0%Added
UBS Asset Management Americas Inc242,823$1.96M0.00%−138,731−36.4%Reduced
Emmett Investment Management, LP229,404$1.83M1.43%−208,781−47.6%Reduced
Toroso Investments, LLC199,377$1.61M0.01%−99,116−33.2%Reduced
ExodusPoint Capital Management, LP194,744$1.57M0.02%+194,744New
Bank of America Corp190,965$1.54M0.00%+86,839+83.4%Added
Swiss National Bank185,600$1.50M0.00%+3,300+1.8%Added
Ionic Capital Management LLC168,007$1.36M1.51%+40,000+31.2%Added
Verition Fund Management LLC149,753$1.21M0.01%+17,528+13.3%Added
Jane Street Group, LLC143,832$1.16M0.00%−14,336−9.1%Reduced
CastleKnight Management LP138,963$1.12M0.06%+138,963New
Rhumbline Advisers137,203$1.11M0.00%−6,049−4.2%Reduced
Alliancebernstein L.P.134,020$1.08M0.00%−1,700−1.3%Reduced
Deutsche Bank AG129,473$1.05M0.00%+36,377+39.1%Added
American Capital Advisory, LLC125,851$1.02M0.47%+31,261+33.0%Added
Invesco Ltd.116,709$943.0K0.00%+14,493+14.2%Added
Legal & General Group Plc105,690$854.0K0.00%−6,675−5.9%Reduced
AQR Capital Management LLC96,390$778.8K0.00%+15,772+19.6%Added
California State Teachers Retirement System86,753$701.0K0.00%+40.0%Added
Virginia Retirement Systems Et Al80,100$647.2K0.00%−23,900−23.0%Reduced
Squarepoint Ops LLC77,729$628.0K0.00%+15,677+25.3%Added
JPMorgan Chase & Co76,968$621.9K0.00%−7,521−8.9%Reduced
Quest Partners LLC71,965$581.5K0.04%−14,197−16.5%Reduced
Citadel Advisors LLC62,913$508.3K0.00%−266,750−80.9%Reduced
Zacks Investment Management62,464$504.7K0.00%+62,464New
Manufacturers Life Insurance Company, The61,750$498.9K0.00%−3,504−5.4%Reduced
Millennium Management LLC61,136$494.0K0.00%−175,224−74.1%Reduced
Wells Fargo & Company59,689$482.3K0.00%+9,503+18.9%Added
MetLife Investment Management57,910$467.9K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)55,379$447.5K0.00%−61,675−52.7%Reduced
Intech Investment Management LLC54,848$443.2K0.00%−14,756−21.2%Reduced
Levin Capital Strategies, L.P.50,000$404.0K0.04%+50,000New
Price T Rowe Associates Inc49,715$402.0K0.00%+2,707+5.8%Added
American Century Companies Inc48,680$393.3K0.00%−14,209−22.6%Reduced
Qube Research & Technologies Ltd45,801$370.1K0.00%−417,075−90.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.44,353$358.4K0.00%−7,414−14.3%Reduced
STRS Ohio40,900$330.5K0.00%00.0%Unchanged
Neo Ivy Capital Management37,894$306.2K0.07%−2,906−7.1%Reduced
Dark Forest Capital Management LP35,871$289.8K0.01%+35,871New
Janus Henderson Group PLC35,500$287.0K0.00%00.0%Unchanged
Gsa Capital Partners LLP33,183$268.0K0.02%+33,183New
Man Group plc32,019$258.7K0.00%−101,431−76.0%Reduced
Handelsbanken Fonder AB30,900$250.0K0.00%00.0%Unchanged
Ethic Inc.28,753$232.3K0.00%+3,552+14.1%Added
Arizona State Retirement System28,330$228.9K0.00%+406+1.5%Added
Police & Firemen's Retirement System of New Jersey27,994$226.2K0.00%+5,405+23.9%Added
Brevan Howard Capital Management LP27,495$222.2K0.00%−43,590−61.3%Reduced
State of Alaska, Department of Revenue26,151$211.0K0.00%+26,151New
Harbor Capital Advisors, Inc.24,499$198.0K0.02%−16,900−40.8%Reduced
Wulff, Hansen & Co.23,126$186.9K0.16%00.0%Unchanged
Victory Capital Management Inc21,066$170.2K0.00%−813−3.7%Reduced
New York State Common Retirement Fund20,472$165.4K0.00%00.0%Unchanged
Creative Planning19,353$156.4K0.00%+8,746+82.5%Added
BNP Paribas Arbitrage, SA19,127$154.5K0.00%+9,833+105.8%Added
Skandinaviska Enskilda Banken AB (publ)17,967$145.2K0.00%−1,582−8.1%Reduced
Voya Investment Management LLC17,523$141.6K0.00%−14,029−44.5%Reduced
SEI Investments Co17,507$141.5K0.00%00.0%Unchanged
Vestcor Inc17,324$140.0K0.00%00.0%Unchanged
KLP Kapitalforvaltning AS17,300$139.8K0.00%00.0%Unchanged
Bridgefront Capital, LLC17,123$138.4K0.04%+17,123New
Abdiel Capital Advisors, LP17,041$137.7K0.04%+17,041New
Quantinno Capital Management LP16,894$136.5K0.00%+6,599+64.1%Added
HSBC Holdings PLC16,875$136.3K0.00%−10,641−38.7%Reduced
Engineers Gate Manager LP16,862$136.2K0.00%+16,862New
Franklin Resources Inc16,199$130.9K0.00%+42+0.3%Added
ProShare Advisors LLC16,158$130.6K0.00%−3,220−16.6%Reduced
Jain Global LLC15,404$124.5K0.00%+15,404New
Inceptionr LLC15,381$124.3K0.03%−14,714−48.9%Reduced
Atom Investors LP14,738$119.1K0.01%−33,534−69.5%Reduced