GBTG — GLOBAL BUSINESS TRAVEL GROUP
Reported value held$807.89M
Funds holding (latest)39
SectorIndustrials
Funds holding (Q2 2026)31
Institutional value$696.07M · 74.23M sh
New / Add / Cut / Exit5 / 20 / 4 / 4
Top-5 / Top-10 concentration84.6% / 94.3%
Institutional holdings change
Accumulating +25.3%
(+15.00M sh)
Institutional value change
Up +111.0%
As of Q2 2026, 31 SEC-registered investment managers reported holding GBTG (GLOBAL BUSINESS TRAVEL GROUP) in their latest 13F filings, with a combined reported value of $696.07M across 74.23M shares. That is +25.3% by share count (+15.00M shares) versus the previous quarter, while reported value moved +111.0%. Ownership is concentrated: the five largest holders account for 84.6% of reported value and the top ten for 94.3%.
Compared with the prior quarter, 5 opened new positions, 20 added to existing stakes, 4 trimmed, 4 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.
GBTG is classified in the Industrials sector.
All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.
| Fund | Quarter | Shares | Value | Portfolio Weight | Change |
|---|---|---|---|---|---|
| BlackRock Inc history | Q2 2026 | 49.49M | $464.71M | 0.01% | Add |
| Vanguard Group history | Q4 2025 | 13.86M | $106.01M | 0.00% | Add |
| Fidelity International (FIL) history | Q2 2026 | 4.40M | $41.32M | 0.03% | New |
| Soros Fund Management history | Q2 2026 | 3.35M | $31.43M | 0.44% | New |
| Geode Capital Management history | Q2 2026 | 3.18M | $29.86M | 0.00% | Add |
| Millennium Management history | Q2 2026 | 2.28M | $21.45M | 0.01% | Add |
| Fidelity Management & Research (FMR) history | Q2 2026 | 2.01M | $18.86M | 0.00% | Add |
| Goldman Sachs Group history | Q2 2026 | 1.83M | $17.20M | 0.00% | Add |
| Northern Trust Corp history | Q2 2026 | 1.40M | $13.10M | 0.00% | Add |
| Charles Schwab Investment Management history | Q2 2026 | 1.03M | $9.68M | 0.00% | Add |
| JPMorgan Chase & Co history | Q2 2026 | 917.02K | $8.67M | 0.00% | New |
| UBS Group AG history | Q2 2026 | 785.66K | $7.38M | 0.00% | Add |
| Lazard Asset Management history | Q2 2026 | 575.44K | $5.40M | 0.01% | Add |
| Arrowstreet Capital history | Q2 2026 | 484.36K | $4.55M | 0.00% | New |
| Wellington Management Group history | Q1 2026 | 739.30K | $4.13M | 0.00% | Reduce |
| BNY Mellon history | Q2 2026 | 437.46K | $4.11M | 0.00% | Add |
| Balyasny Asset Management history | Q2 2026 | 337.44K | $3.17M | 0.00% | Add |
| Bank of America Corp history | Q2 2026 | 269.66K | $2.53M | 0.00% | Add |
| Morgan Stanley history | Q2 2026 | 253.99K | $2.38M | 0.00% | Add |
| Citadel Advisors history | Q2 2026 | 214.76K | $2.02M | 0.00% | New |
New Positions (Q2 2026)
- Fidelity International (FIL) 4.40M sh · $41.32M
- Soros Fund Management 3.35M sh · $31.43M
- JPMorgan Chase & Co 917.02K sh · $8.67M
- Arrowstreet Capital 484.36K sh · $4.55M
- Citadel Advisors 214.76K sh · $2.02M
Fully Exited (vs previous quarter)
- Wellington Management Group sold 739.30K sh · $4.13M
- Marshall Wace sold 68.42K sh · $381.76K
- Two Sigma Investments sold 52.50K sh · $292.95K
- Janus Henderson Group sold 35.50K sh · $198.62K
Fund Position History — shares by quarter (top 20 funds)
| Fund | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BlackRock Inc | — | — | — | — | — | — | — | — | — | 7.98M | 8.85M | 9.22M | 7.53M | 7.85M | 9.76M | 48.68M | 49.49M |
| Fidelity International (FIL) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4.40M |
| Soros Fund Management | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3.35M |
| Geode Capital Management | — | 99.52K | 176.06K | 188.97K | 488.07K | 784.83K | 815.92K | 837.33K | 1.95M | 2.34M | 2.31M | 2.36M | 2.09M | 2.38M | 2.89M | 2.96M | 3.18M |
| Millennium Management | 267.20K | 332.22K | 45.86K | 98.58K | — | 33.23K | — | — | 223.68K | 505.36K | 1.41M | 1.37M | 236.36K | 61.14K | 1.68M | 183.68K | 2.28M |
| Fidelity Management & Research (FMR) | — | — | — | — | 23 | 310 | 163 | 394 | 653 | 2.27K | 2.38K | 455.69K | 1.10M | 1.26M | 581.70K | 541.08K | 2.01M |
| Goldman Sachs Group | 130.03K | 91.77K | 100.08K | 105.62K | 65.32K | 292.44K | — | — | 116.77K | 474.22K | 441.94K | 736.47K | 636.37K | 833.20K | 867.33K | 437.36K | 1.83M |
| Northern Trust Corp | — | 19.91K | 35.68K | 35.04K | 249.23K | 296.28K | 305.55K | 291.86K | 327.79K | 1.12M | 1.18M | 1.14M | 929.61K | 986.71K | 1.14M | 1.21M | 1.40M |
| Charles Schwab Investment Management | — | — | — | — | 80.44K | 328.85K | 345.86K | 356.07K | 568.84K | 806.52K | 812.24K | 789.71K | 723.19K | 897.53K | 1.03M | 998.13K | 1.03M |
| JPMorgan Chase & Co | 139.74K | 62.41K | 1.47K | — | 25.02K | 21.90K | 21.90K | 13.42K | 98.94K | 101.13K | 98.77K | 110.18K | 84.49K | 76.97K | 310.61K | — | 917.02K |
| UBS Group AG | 15.56K | 15.06K | 12.84K | 1.31K | 16.59K | 314 | — | 34.11K | 93.38K | 65.42K | 427.99K | 467.59K | 753.95K | 691.28K | 815.62K | 611.13K | 785.66K |
| Lazard Asset Management | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 101.14K | 545.14K | 575.44K |
| Arrowstreet Capital | — | — | — | — | — | — | — | — | — | 123.73K | 403.26K | 332.70K | — | — | — | — | 484.36K |
| BNY Mellon | — | — | — | — | 86.47K | 95.67K | 104.39K | 82.84K | 1.01M | 849.69K | 1.23M | 757.09K | 328.18K | 302.59K | 406.01K | 424.01K | 437.46K |
| Balyasny Asset Management | — | — | 274.83K | 233.39K | — | — | — | — | — | — | — | 95.94K | 204.58K | — | 90.23K | 81.44K | 337.44K |
| Bank of America Corp | 1.85K | 1.85K | 2.44K | 2.44K | 15.73K | 27.43K | 47.51K | 18.54K | 79.88K | 159.57K | 224.40K | 108.69K | 104.13K | 190.97K | 235.08K | 117.69K | 269.66K |
| Morgan Stanley | 4.97K | 1.51K | 4.68K | 11.06K | 26.69K | 31.12K | 77.02K | 58.98K | 240.73K | 339.56K | 295.61K | 361.93K | 483.84K | 780.55K | 637.51K | 208.97K | 253.99K |
| Citadel Advisors | 173.10K | 41.75K | 21.80K | — | — | — | — | — | — | — | — | 265.81K | 329.66K | 62.91K | 45.19K | — | 214.76K |
| Invesco Ltd | — | — | — | — | 16.48K | 16.48K | 14.28K | 14.20K | 27.57K | 30.63K | 95.82K | 110.41K | 102.22K | 116.71K | 141.06K | 165.97K | 158.56K |
| Deutsche Bank AG | — | — | — | — | 18.95K | 18.95K | 18.95K | 18.95K | 52.90K | 71.44K | 117.08K | 106.09K | 93.10K | 129.47K | 159.13K | 123.48K | 145.01K |