| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Qatar Investment Authority | 17% | $710,914,490 | 87,659,000 | Qatar Investment Authority | 09 Sep 2025 | |||
| BlackRock Portfolio Management LLC | 8.2% | $267,726,957 | 39,429,596 | BlackRock Portfolio Management LLC | 31 Mar 2025 | |||
| Apollo Principal Holdings A GP, Ltd. | 4.4% | $160,194,937 | 22,884,991 | Apollo Principal Holdings A GP, Ltd. | 31 Dec 2025 | |||
| BlackRock, Inc. | 1.9% | $59,639,863 | 8,783,485 | BlackRock, Inc. | 31 Jan 2025 |
As of 31 Dec 2025, 167 institutional investors reported holding 290,648,145 shares of Global Business Travel Group, Inc. - Class A Common Stock, par value $0.0001 per share (GBTG). This represents 56% of the company’s total 520,113,432 outstanding shares.
The largest institutional shareholders of Global Business Travel Group, Inc. - Class A Common Stock, par value $0.0001 per share (GBTG) together control 54% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| AMERICAN EXPRESS CO | 30% | 157,786,199 | 0% | 100% | $1,207,064,422 |
| Apollo Management Holdings, L.P. | 4.4% | 22,884,991 | -11% | 1.7% | $175,070,180 |
| REDWOOD CAPITAL MANAGEMENT, LLC | 4.1% | 21,453,816 | +0% | 18% | $164,121,692 |
| ARES MANAGEMENT LLC | 2.7% | 13,886,023 | 0% | 6.1% | $106,228,076 |
| VANGUARD GROUP INC | 2.7% | 13,857,451 | +25% | 0% | $106,009,500 |
| BlackRock, Inc. | 1.9% | 9,756,117 | +24% | 0% | $74,634,296 |
| Attestor Capital Ltd | 1.7% | 8,878,004 | 0% | 32% | $67,916,731 |
| Monarch Alternative Capital LP | 1.4% | 7,138,582 | 0% | 7.1% | $54,610,152 |
| Anchorage Capital Advisors, L.P. | 0.69% | 3,593,635 | -50% | 26% | $27,491,308 |
| DIMENSIONAL FUND ADVISORS LP | 0.64% | 3,318,614 | +17% | 0.01% | $25,391,267 |
| GEODE CAPITAL MANAGEMENT, LLC | 0.56% | 2,894,872 | +22% | 0% | $22,150,480 |
| Boundary Creek Advisors LP | 0.53% | 2,735,449 | 0% | 100% | $20,926,184 |
| STATE STREET CORP | 0.51% | 2,628,063 | +16% | 0% | $20,104,682 |
| MILLENNIUM MANAGEMENT LLC | 0.32% | 1,679,217 | +2647% | 0.01% | $12,846,010 |
| NORTHERN TRUST CORP | 0.22% | 1,143,757 | +16% | 0% | $8,749,741 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.2% | 1,033,182 | +15% | 0% | $7,903,842 |
| PB INVESTMENT PARTNERS, L.P. | 0.18% | 930,961 | +0.09% | 4.5% | $7,121,851 |
| PAR CAPITAL MANAGEMENT INC | 0.17% | 883,244 | -15% | 0.18% | $6,756,817 |
| GOLDMAN SACHS GROUP INC | 0.17% | 867,325 | +4.1% | 0% | $6,635,036 |
| UBS Group AG | 0.16% | 815,625 | +18% | 0% | $6,239,532 |
| WELLINGTON MANAGEMENT GROUP LLP | 0.15% | 764,614 | -11% | 0% | $5,849,297 |
| MORGAN STANLEY | 0.12% | 637,508 | -18% | 0% | $4,876,939 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 0.11% | 593,593 | 0.01% | $4,540,986 | |
| FMR LLC | 0.11% | 581,701 | -54% | 0% | $4,450,012 |
| FIRST TRUST ADVISORS LP | 0.11% | 575,984 | 0% | $4,406,277 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 290,648,145 | $2,223,490,215 | +$5,526,509 | $7.65 | 167 |
| 2025 Q3 | 281,384,301 | $2,219,870,725 | +$310,389,785 | $8.08 | 159 |
| 2025 Q2 | 243,838,213 | $1,536,206,237 | +$18,573,909 | $6.30 | 155 |
| 2025 Q1 | 239,689,860 | $1,691,153,047 | +$28,155,510 | $7.26 | 145 |
| 2024 Q4 | 239,170,740 | $2,219,518,313 | -$29,052,937 | $9.28 | 131 |
| 2024 Q3 | 246,398,901 | $1,894,809,370 | +$83,800,597 | $7.69 | 95 |
| 2024 Q2 | 234,587,206 | $1,548,272,539 | +$25,874,730 | $6.60 | 72 |
| 2024 Q1 | 230,277,688 | $1,383,969,600 | +$45,856,952 | $6.01 | 63 |
| 2023 Q4 | 222,590,627 | $1,435,710,046 | -$1,620,812 | $6.45 | 59 |
| 2023 Q3 | 65,152,893 | $358,339,978 | +$30,471,932 | $5.50 | 62 |
| 2023 Q2 | 59,348,286 | $429,086,717 | +$16,732,117 | $7.23 | 54 |
| 2023 Q1 | 57,829,505 | $383,409,970 | +$2,417,995 | $6.63 | 40 |
| 2022 Q4 | 57,452,859 | $387,805,190 | +$67,841,722 | $6.75 | 43 |
| 2022 Q3 | 47,816,879 | $270,640,000 | +$3,113,151 | $5.66 | 37 |
| 2022 Q2 | 4,208,362 | $26,460,000 | +$26,459,000 | $3.33 | 5 |