Global Business Travel Group, Inc. (GBTG) — Institutional Holders, Q2 2026
191 institutional investment managers reported a GBTG position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $3.1B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
GBTG in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- NEXPOINT ASSET MANAGEMENT, L.P.New · +8,089,339 sh+$76.0M
- GLAZER CAPITALNew · +5,115,013 sh+$48.0M
- Polar Asset Management PartnersNew · +4,848,676 sh+$45.5M
- FIL LtdNew · +4,400,000 sh+$41.3M
- SOROS FUND MANAGEMENTNew · +3,346,860 sh+$31.4M
Biggest sellers
- REDWOOD CAPITAL MANAGEMENTTrimmed · -10,955,174 sh-$102.9M
- ARES MANAGEMENTTrimmed · -9,547,759 sh-$89.7M
- Attestor Capital LtdSold out · -8,878,004 sh-$83.4M
- Monarch Alternative CapitalSold out · -7,800,000 sh-$73.2M
- Anchorage Capital Advisors, L.P.Sold out · -3,593,635 sh-$33.7M
GBTG 13F holders ranked 1–100 of 191
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | AMERICAN EXPRESS#1 · 157,786,199 sh | 157,786,199 | $1.5B | 100.00% | 0.0% |
| 2 | BlackRock#2 · 49,490,227 sh | 49,490,227 | $464.7M | <0.01% | +1.7% |
| 3 | Apollo Management , L.P.#3 · 21,712,184 sh | 21,712,184 | $203.9M | 2.28% | -5.1% |
| 4 | REDWOOD CAPITAL MANAGEMENT#4 · 10,998,642 sh | 10,998,642 | $103.3M | 11.14% | -49.9% |
| 5 | NEXPOINT ASSET MANAGEMENT, L.P.#5 · 8,089,339 sh | 8,089,339 | $76.0M | 5.07% | New |
| 6 | VANGUARD PORTFOLIO MANAGEMENT#6 · 6,526,241 sh | 6,526,241 | $61.3M | <0.01% | +1.3% |
| 7 | VANGUARD CAPITAL MANAGEMENT#7 · 6,525,818 sh | 6,525,818 | $61.3M | <0.01% | -0.9% |
| 8 | GLAZER CAPITAL#8 · 5,115,013 sh | 5,115,013 | $48.0M | 1.18% | New |
| 9 | Polar Asset Management Partners#9 · 4,848,676 sh | 4,848,676 | $45.5M | 0.75% | New |
| 10 | DIMENSIONAL FUND ADVISORS#10 · 4,777,995 sh | 4,777,995 | $44.9M | <0.01% | +12.3% |
| 11 | FIL Ltd#11 · 4,400,000 sh | 4,400,000 | $41.3M | 0.03% | New |
| 12 | ARES MANAGEMENT#12 · 4,338,264 sh | 4,338,264 | $40.7M | 1.78% | -68.8% |
| 13 | SOROS FUND MANAGEMENT#13 · 3,346,860 sh | 3,346,860 | $31.4M | 0.39% | New |
| 14 | GEODE CAPITAL MANAGEMENT#14 · 3,179,581 sh | 3,179,581 | $29.9M | <0.01% | +7.6% |
| 15 | STATE STREET#15 · 2,926,000 sh | 2,926,000 | $27.5M | <0.01% | +6.3% |
| 16 | AQR Arbitrage#16 · 2,592,426 sh | 2,592,426 | $24.3M | 0.35% | New |
| 17 | MILLENNIUM MANAGEMENT#17 · 2,283,986 sh | 2,283,986 | $21.4M | <0.01% | +1143.4% |
| 18 | FMR#18 · 2,008,863 sh | 2,008,863 | $18.9M | <0.01% | +271.3% |
| 19 | GOLDMAN SACHS GROUP#19 · 1,831,419 sh | 1,831,419 | $17.2M | <0.01% | +318.7% |
| 20 | LMR Partners LLP#20 · 1,750,463 sh | 1,750,463 | $16.4M | 0.06% | New |
| 21 | ALLIANCEBERNSTEIN L.P.#21 · 2,544,052 sh | 2,544,052 | $14.2M | <0.01% | +1609.5% |
| 22 | NORTHERN#22 · 1,395,545 sh | 1,395,545 | $13.1M | <0.01% | +14.9% |
| 23 | GABELLI FUNDS#23 · 1,286,750 sh | 1,286,750 | $12.1M | 0.08% | New |
| 24 | First Capital Management L.P.#24 · 1,241,800 sh | 1,241,800 | $11.7M | 0.68% | New |
| 25 | CHARLES SCHWAB INVESTMENT MANAGEMENT#25 · 1,030,662 sh | 1,030,662 | $9.7M | <0.01% | +3.3% |
| 26 | JPMORGAN CHASE#26 · 917,021 sh | 917,021 | $8.7M | <0.01% | +651.3% |
| 27 | ALPINE ASSOCIATES MANAGEMENT#27 · 914,066 sh | 914,066 | $8.6M | 0.54% | New |
| 28 | GABELLI & INVESTMENT ADVISERS#28 · 862,492 sh | 862,492 | $8.1M | 1.18% | New |
| 29 | VANGUARD FIDUCIARY#29 · 829,877 sh | 829,877 | $7.8M | <0.01% | -4.4% |
| 30 | UBS Group AG#30 · 785,661 sh | 785,661 | $7.4M | <0.01% | +28.6% |
| 31 | Vestcor#31 · 617,324 sh | 617,324 | $5.8M | 0.14% | +3463.4% |
| 32 | LAZARD ASSET MANAGEMENT#32 · 575,438 sh | 575,438 | $5.4M | <0.01% | +5.6% |
| 33 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#33 · 484,364 sh | 484,364 | $4.5M | <0.01% | New |
| 34 | NEW YORK LIFE INVESTMENT MANAGEMENT#34 · 471,626 sh | 471,626 | $4.4M | 0.03% | New |
| 35 | Bank of New York Mellon#35 · 437,458 sh | 437,458 | $4.1M | <0.01% | +3.2% |
| 36 | CANTOR FITZGERALD, L. P.#36 · 434,666 sh | 434,666 | $4.1M | 0.04% | New |
| 37 | Verition Fund Management#37 · 425,000 sh | 425,000 | $4.0M | <0.01% | New |
| 38 | Centiva Capital#38 · 407,964 sh | 407,964 | $3.8M | 0.03% | New |
| 39 | Nuveen#39 · 403,112 sh | 403,112 | $3.8M | <0.01% | +20.8% |
| 40 | BALYASNY ASSET MANAGEMENT L.P.#40 · 337,444 sh | 337,444 | $3.2M | <0.01% | +314.4% |
| 41 | JANE STREET GROUP#41 · 316,739 sh | 316,739 | $3.0M | <0.01% | New |
| 42 | Carmignac Gestion#42 · 316,463 sh | 316,463 | $3.0M | 0.04% | New |
| 43 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#43 · 311,361 sh | 311,361 | $2.9M | <0.01% | +9.9% |
| 44 | OMERS ADMINISTRATION#44 · 300,300 sh | 300,300 | $2.8M | 0.02% | New |
| 45 | OP Asset Management Ltd#45 · 289,527 sh | 289,527 | $2.7M | 0.03% | New |
| 46 | Maven Securities LTD#46 · 271,213 sh | 271,213 | $2.5M | 0.05% | New |
| 47 | BANK OF AMERICA#47 · 269,658 sh | 269,658 | $2.5M | <0.01% | +129.1% |
| 48 | MORGAN STANLEY#48 · 253,987 sh | 253,987 | $2.4M | <0.01% | +21.5% |
| 49 | FIRST ADVISORS#49 · 247,294 sh | 247,294 | $2.3M | <0.01% | -39.2% |
| 50 | Schonfeld Strategic Advisors#50 · 240,243 sh | 240,243 | $2.3M | <0.01% | New |
| 51 | WOLVERINE ASSET MANAGEMENT#51 · 236,442 sh | 236,442 | $2.2M | 0.02% | New |
| 52 | Quantinno Capital Management#52 · 234,415 sh | 234,415 | $2.2M | <0.01% | +12.6% |
| 53 | Swiss National Bank#53 · 225,800 sh | 225,800 | $2.1M | <0.01% | +8.2% |
| 54 | ABC ARBITRAGE SA#54 · 194,030 sh | 194,030 | $1.8M | — | New |
| 55 | XTX Topco Ltd#55 · 176,581 sh | 176,581 | $1.7M | 0.02% | -70.7% |
| 56 | Blackstone#56 · 176,516 sh | 176,516 | $1.7M | <0.01% | 0.0% |
| 57 | CITADEL ADVISORS#57 · 172,965 sh | 172,965 | $1.6M | <0.01% | New |
| 58 | AMERICAN CENTURY COMPANIES#58 · 171,313 sh | 171,313 | $1.6M | <0.01% | +49.7% |
| 59 | RHUMBLINE ADVISERS#59 · 162,078 sh | 162,078 | $1.5M | <0.01% | +30.7% |
| 60 | Invesco Ltd.#60 · 158,555 sh | 158,555 | $1.5M | <0.01% | -4.5% |
| 61 | ALGERT GLOBAL#61 · 151,340 sh | 151,340 | $1.4M | 0.02% | New |
| 62 | Mint Tower Capital Management B.V.#62 · 150,900 sh | 150,900 | $1.4M | 0.16% | New |
| 63 | JCP Investment Management#63 · 150,000 sh | 150,000 | $1.4M | 0.75% | New |
| 64 | Alberta Investment Management#64 · 150,000 sh | 150,000 | $1.4M | <0.01% | New |
| 65 | DEUTSCHE BANK AG\#65 · 145,015 sh | 145,015 | $1.4M | <0.01% | +17.4% |
| 66 | CastleKnight Management#66 · 140,066 sh | 140,066 | $1.3M | 0.02% | +0.8% |
| 67 | VICTORY CAPITAL MANAGEMENT#67 · 136,790 sh | 136,790 | $1.3M | <0.01% | +407.7% |
| 68 | WATER ISLAND CAPITAL#68 · 133,456 sh | 133,456 | $1.3M | 0.12% | New |
| 69 | Kryger Capital#69 · 130,598 sh | 130,598 | $1.2M | 0.07% | New |
| 70 | RENAISSANCE TECHNOLOGIES#70 · 114,800 sh | 114,800 | $1.1M | <0.01% | -71.6% |
| 71 | WELLS FARGO & COMPANY#71 · 111,740 sh | 111,740 | $1.0M | <0.01% | +134.3% |
| 72 | PRICE T ROWE ASSOCIATES#72 · 103,947 sh | 103,947 | $977.0K | <0.01% | +11.0% |
| 73 | Toroso Investments#73 · 97,832 sh | 97,832 | $918.6K | <0.01% | -42.3% |
| 74 | MANUFACTURERS LIFE INSURANCE COMPANY, THE#74 · 84,210 sh | 84,210 | $790.7K | <0.01% | +10.0% |
| 75 | Creative Planning#75 · 83,092 sh | 83,092 | $780.2K | <0.01% | +16.4% |
| 76 | Legal & General Group Plc#76 · 77,691 sh | 77,691 | $729.5K | <0.01% | 0.0% |
| 77 | VANGUARD ASSET MANAGEMENT, Ltd#77 · 74,922 sh | 74,922 | $703.5K | <0.01% | 0.0% |
| 78 | MetLife Investment Management#78 · 74,648 sh | 74,648 | $700.9K | <0.01% | +16.3% |
| 79 | Zurcher Kantonalbank (Zurich Cantonalbank)#79 · 74,181 sh | 74,181 | $696.6K | <0.01% | -32.1% |
| 80 | MIRABELLA FINANCIAL SERVICES LLP#80 · 68,036 sh | 68,036 | $638.9K | 0.06% | -88.1% |
| 81 | BARCLAYS PLC#81 · 65,942 sh | 65,942 | $619.2K | <0.01% | -6.9% |
| 82 | CITIGROUP#82 · 63,538 sh | 63,538 | $596.6K | <0.01% | -5.0% |
| 83 | Corient Private Wealth#83 · 60,559 sh | 60,559 | $568.6K | <0.01% | +0.8% |
| 84 | Jump Financial#84 · 59,224 sh | 59,224 | $556.1K | <0.01% | New |
| 85 | Ethic#85 · 58,464 sh | 58,464 | $549.0K | <0.01% | +89.0% |
| 86 | MIRAE ASSET GLOBAL ETFS Ltd.#86 · 58,266 sh | 58,266 | $547.1K | <0.01% | -4.9% |
| 87 | HARBOR CAPITAL ADVISORS#87 · 57,152 sh | 57,152 | $537.0K | — | -23.5% |
| 88 | ProShare Advisors#88 · 56,070 sh | 56,070 | $526.5K | <0.01% | +196.1% |
| 89 | GAMCO INVESTORS, ET AL#89 · 56,000 sh | 56,000 | $525.3K | <0.01% | New |
| 90 | AQR CAPITAL MANAGEMENT#90 · 55,381 sh | 55,381 | $520.0K | <0.01% | -73.1% |
| 91 | SG Americas Securities#91 · 50,845 sh | 50,845 | $477.0K | <0.01% | +1.1% |
| 92 | Vanguard Global Advisers#92 · 43,108 sh | 43,108 | $404.8K | <0.01% | -11.0% |
| 93 | SUSQUEHANNA INTERNATIONAL GROUP, LLP#93 · 41,857 sh | 41,857 | $393.0K | 0.00% | -57.0% |
| 94 | INTECH INVESTMENT MANAGEMENT#94 · 41,703 sh | 41,703 | $391.6K | <0.01% | -8.5% |
| 95 | Jain Global#95 · 41,482 sh | 41,482 | $389.5K | <0.01% | -20.4% |
| 96 | Handelsbanken Fonder AB#96 · 39,600 sh | 39,600 | $372.0K | <0.01% | +28.2% |
| 97 | PRELUDE CAPITAL MANAGEMENT#97 · 39,462 sh | 39,462 | $370.5K | 0.03% | New |
| 98 | Russell Investments Group, Ltd.#98 · 39,024 sh | 39,024 | $366.4K | <0.01% | +281.5% |
| 99 | Virtu Financial#99 · 38,624 sh | 38,624 | $363.0K | 0.01% | New |
| 100 | STRS OHIO#100 · 38,600 sh | 38,600 | $362.5K | <0.01% | New |
Funds that sold out of GBTG in Q2 2026 (37)
Held GBTG at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Attestor Capital Ltd8,878,004 sh | 8,878,004 | $48.6M |
| Monarch Alternative Capital7,800,000 sh | 7,800,000 | $43.5M |
| Anchorage Capital Advisors, L.P.3,593,635 sh | 3,593,635 | $20.1M |
| BlackBarn Capital Partners2,000,000 sh | 2,000,000 | $11.2M |
| PAR CAPITAL MANAGEMENT1,686,634 sh | 1,686,634 | $9.4M |
| PB INVESTMENT PARTNERS, L.P.930,961 sh | 930,961 | $5.2M |
| WELLINGTON MANAGEMENT GROUP LLP739,303 sh | 739,303 | $4.1M |
| Ballast Asset Management501,344 sh | 501,344 | $2.8M |
| Wealthspire Advisors258,593 sh | 258,593 | $1.4M |
| American Capital Advisory122,645 sh | 122,645 | $684.4K |
| Trexquant Investment110,208 sh | 110,208 | $615.0K |
| Aquatic Capital Management95,719 sh | 95,719 | $534.1K |
| ZACKS INVESTMENT MANAGEMENT83,736 sh | 83,736 | $467.2K |
| Verdence Capital Advisors82,132 sh | 82,132 | $458.3K |
| MARSHALL WACE, LLP68,416 sh | 68,416 | $381.8K |
| DRW Securities66,920 sh | 66,920 | $373.4K |
| Blueshift Asset Management53,625 sh | 53,625 | $299.2K |
| Vident Advisory52,554 sh | 52,554 | $293.3K |
| TWO SIGMA INVESTMENTS52,500 sh | 52,500 | $292.9K |
| Man Group plc48,897 sh | 48,897 | $272.8K |
| CAPSTONE INVESTMENT ADVISORS43,735 sh | 43,735 | $244.0K |
| VARCOV40,097 sh | 40,097 | $223.7K |
| Lighthouse Investment Partners27,427 sh | 27,427 | $153.0K |
| Freestone Grove Partners27,328 sh | 27,328 | $152.5K |
| PIER 88 INVESTMENT PARTNERS25,900 sh | 25,900 | $144.5K |
| Hudson Bay Capital Management23,760 sh | 23,760 | $132.6K |
| WULFF, HANSEN23,126 sh | 23,126 | $129.0K |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C.13,629 sh | 13,629 | $76.0K |
| LEUCADIA NATIONAL13,612 sh | 13,612 | $76.0K |
| TWINBEECH CAPITAL12,500 sh | 12,500 | $69.8K |
| Advisory Services Network7,500 sh | 7,500 | $41.9K |
| SUMMIT SECURITIES GROUP2,575 sh | 2,575 | $14.4K |
| Root Financial Partners203 sh | 203 | $1.1K |
| MAI Capital Management131 sh | 131 | $731.00 |
| Wealth Preservation Advisors40 sh | 40 | $223.00 |
| CURIO WEALTH3 sh | 3 | $17.00 |
| Vermillion Wealth Management1 sh | 1 | $6.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.