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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, Q4 2025

Institutional positions in Global Business Travel Group, Inc. as of Dec 31, 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
170
+10 vs. Q3 2025
Shares held
290.7M
+9.29M (+3.3%) vs. Q3 2025
Total value
$2.22B
+$3.82M (+0.2%) vs. Q3 2025
New holders
33
79 more added
Sold out
23
36 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 170 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 heldQ4 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, Q4 2025

Shares, value and share of portfolio for each institution holding Global Business Travel Group, Inc.; share changes are against Q3 2025.

Institutions holding GBTG in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Man Group plc54,368$415.9K0.00%+22,349+69.8%Added
Zurcher Kantonalbank (Zurich Cantonalbank)55,379$423.6K0.00%00.0%Unchanged
Jane Street Group, LLC55,445$424.2K0.00%−88,387−61.5%Reduced
Mirae Asset Global ETFs Holdings Ltd.60,618$463.7K0.00%+16,265+36.7%Added
Two Sigma Advisers, LP62,000$474.3K0.00%+62,000New
Connor, Clark & Lunn Investment Management Ltd.62,716$479.8K0.00%+62,716New
Price T Rowe Associates Inc72,097$552.0K0.00%+22,382+45.0%Added
MetLife Investment Management73,129$559.4K0.00%+15,219+26.3%Added
Quest Partners LLC78,338$599.3K0.03%+6,373+8.9%Added
Manufacturers Life Insurance Company, The80,660$617.0K0.00%+18,910+30.6%Added
Walleye Capital LLC81,623$624.4K0.00%+81,623New
Verition Fund Management LLC88,785$679.2K0.00%−60,968−40.7%Reduced
California State Teachers Retirement System88,896$680.1K0.00%+2,143+2.5%Added
Balyasny Asset Management LLC90,228$690.2K0.00%+90,228New
Lazard Asset Management LLC101,142$773.7K0.00%+101,142New
Legal & General Group Plc106,395$813.9K0.00%+705+0.7%Added
AQR Capital Management LLC122,869$939.9K0.00%+26,479+27.5%Added
American Capital Advisory, LLC122,969$940.7K0.41%−2,882−2.3%Reduced
Alliancebernstein L.P.133,667$1.02M0.00%−353−0.3%Reduced
Rhumbline Advisers133,723$1.02M0.00%−3,480−2.5%Reduced
Gsa Capital Partners LLP138,798$1.06M0.09%+105,615+318.3%Added
CastleKnight Management LP138,963$1.06M0.06%00.0%Unchanged
Invesco Ltd.141,062$1.08M0.00%+24,353+20.9%Added
Wells Fargo & Company143,307$1.10M0.00%+83,618+140.1%Added
Boussard & Gavaudan Investment Management LLP144,203$1.12M0.09%+144,203New
Ionic Capital Management LLC158,007$1.21M1.20%−10,000−6.0%Reduced
Deutsche Bank AG159,127$1.22M0.00%+29,654+22.9%Added
Toroso Investments, LLC160,916$1.23M0.01%−38,461−19.3%Reduced
SEI Investments Co180,660$1.38M0.00%+163,153+931.9%Added
Barclays PLC203,854$1.56M0.00%−163,671−44.5%Reduced
Swiss National Bank208,700$1.60M0.00%+23,100+12.4%Added
ExodusPoint Capital Management, LP212,379$1.62M0.02%+17,635+9.1%Added
SG Americas Securities, LLC217,888$1.67M0.00%+217,888New
XTX Topco Ltd232,689$1.78M0.05%+220,073+1,744.4%Added
Bank of America Corp235,076$1.80M0.00%+44,111+23.1%Added
E. Ohman J:or Asset Management AB237,167$1.81M0.04%−122,034−34.0%Reduced
Wealthspire Advisors, LLC258,732$1.98M0.02%+139+0.1%Added
UBS Asset Management Americas Inc283,468$2.17M0.00%+40,645+16.7%Added
Neo Ivy Capital Management296,762$2.27M0.36%+258,868+683.1%Added
JPMorgan Chase & Co310,611$2.38M0.00%+233,643+303.6%Added
Nuveen, LLC338,603$2.59M0.00%+41,549+14.0%Added
Blackstone Group Inc.353,031$2.70M0.01%−2,805−0.8%Reduced
Bank of New York Mellon Corp406,011$3.11M0.00%+103,420+34.2%Added
Ballast Asset Management, LP489,519$3.74M1.77%−16,480−3.3%Reduced
Renaissance Technologies LLC500,720$3.83M0.01%−190,900−27.6%Reduced
First Trust Advisors LP575,984$4.41M0.00%+575,984New
FMR LLC581,701$4.45M0.00%−676,361−53.8%Reduced
Susquehanna International Group, LLP593,593$4.54M0.01%+593,593New
Morgan Stanley637,508$4.88M0.00%−143,045−18.3%Reduced
Wellington Management Group LLP764,614$5.85M0.00%−96,387−11.2%Reduced
UBS Group AG815,625$6.24M0.00%+124,344+18.0%Added
Goldman Sachs Group Inc867,325$6.64M0.00%+34,130+4.1%Added
Par Capital Management Inc883,244$6.76M0.18%−155,770−15.0%Reduced
PB Investment Partners, L.P.930,961$7.12M4.52%+842+0.1%Added
Charles Schwab Investment Management Inc1,033,182$7.90M0.00%+135,652+15.1%Added
Northern Trust Corp1,143,757$8.75M0.00%+157,043+15.9%Added
Millennium Management LLC1,679,217$12.8M0.01%+1,618,081+2,646.7%Added
State Street Corp2,628,063$20.1M0.00%+370,657+16.4%Added
Boundary Creek Advisors LP2,735,449$20.9M100.00%00.0%Unchanged
Geode Capital Management, LLC2,894,872$22.2M0.00%+516,047+21.7%Added
Dimensional Fund Advisors LP3,318,614$25.4M0.01%+492,253+17.4%Added
Anchorage Capital Advisors, L.P.3,593,635$27.5M25.98%−3,593,623−50.0%Reduced
Monarch Alternative Capital LP7,138,582$54.6M7.11%00.0%Unchanged
Attestor Capital Ltd8,878,004$67.9M32.07%+8,878,004New
BlackRock, Inc.9,756,117$74.6M0.00%+1,904,176+24.3%Added
Vanguard Group Inc13,857,451$106.0M0.00%+2,744,068+24.7%Added
Ares Management LLC13,886,023$106.2M6.07%00.0%Unchanged
Redwood Capital Management, LLC21,453,816$164.1M17.57%+10.0%Added
Apollo Management Holdings, L.P.22,884,991$175.1M1.73%−2,821,895−11.0%Reduced
American Express Co157,786,199$1.21B100.00%00.0%Unchanged
Carronade Capital Management, LP0$00.00%−1,705,039−100.0%Sold out
Advantage Alpha Capital Partners LP0$00.00%−630,004−100.0%Sold out
Beach Point Capital Management LP0$00.00%−483,197−100.0%Sold out
Emmett Investment Management, LP0$00.00%−229,404−100.0%Sold out
Zacks Investment Management0$00.00%−62,464−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−45,801−100.0%Sold out
STRS Ohio0$00.00%−40,900−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−35,871−100.0%Sold out
Bridgefront Capital, LLC0$00.00%−17,123−100.0%Sold out
Atom Investors LP0$00.00%−14,738−100.0%Sold out
Prudential Financial Inc0$00.00%−14,045−100.0%Sold out
Quantessence Capital LLC0$00.00%−13,683−100.0%Sold out
Omers Administration Corp0$00.00%−13,300−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−12,531−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−11,000−100.0%Sold out
Aigen Investment Management, LP0$00.00%−10,570−100.0%Sold out
Advisory Services Network, LLC0$00.00%−7,500−100.0%Sold out
Federated Hermes, Inc.0$00.00%−3,776−100.0%Sold out
Quantbot Technologies LP0$00.00%−3,207−100.0%Sold out
Simplex Trading, LLC0$00.00%−1,524−100.0%Sold out
Clearstead Advisors, LLC0$00.00%−83−100.0%Sold out
Signaturefd, LLC0$00.00%−28−100.0%Sold out
Cloud Capital Management, LLC0$00.00%−28−100.0%Sold out
CIBC Bancorp USA Inc.––––Not filed
Hemington Wealth Management––––Not filed