Carronade Capital Management’s American Express Global Business Travel GBTG Stock Holding History

Carronade Capital Management’s Portfolio GBTG Stock Details GBTG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,705,039	Closed	-$13.8M	–	33
2025 Q3	$13.8M	Sell	1,705,039 -906,825	-35%	-$6.72M	1.36%	22
2025 Q2	$16.5M	Buy	2,611,864 +929,760	+55%	+$5.97M	2.28%	13
2025 Q1	$49.1M	Sell	1,682,104 -1,287,154	-43%	-$10.9M	7.93%	5
2024 Q4	$27.6M	Sell	2,969,258 -614,062	-17%	-$5.24M	4.83%	13
2024 Q3	$27.6M	Buy	3,583,320 +383,249	+12%	+$2.66M	7.39%	7
2024 Q2	$21.1M	Buy	3,200,071 +156,292	+5%	+$959K	6.94%	12
2024 Q1	$18.3M	Buy	3,043,779 +43,779	+1%	+$256K	6.23%	12
2023 Q4	$19.4M	Sell	3,000,000 -473,562	-14%	-$2.7M	7.59%	7
2023 Q3	$19.1M	Buy	3,473,562 +176,404	+5%	+$1.14M	7.45%	12
2023 Q2	$23.8M	Buy	3,297,158 +217,561	+7%	+$1.48M	9.52%	8
2023 Q1	$20.4M	Buy	3,079,597 +264,269	+9%	+$1.81M	8.47%	6
2022 Q4	$19M	Buy	2,815,328 +2,314,512	+462%	+$12.7M	6.82%	11
2022 Q3	$2.83M	Buy	500,816 +156,141	+45%	+$1.04M	1.25%	25
2022 Q2	$2.17M	Buy	344,675 +233,574	+210%	+$2.05M	1.02%	21
2022 Q1	$1.1M	Buy	+111,101	New	+$1.1M	0.51%	30

Other funds holding GBTG

American Express New York $880M AUM 23.13% 1-Year Est. Return

Apollo Management Holdings New York $5.99B AUM 23.97% 1-Year Est. Return

Redwood Capital Management New York $674M AUM 99.78% 1-Year Est. Return

Ares Management Los Angeles, California $1.52B AUM 12.97% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Attestor Capital Grand Cayman, Cayman Islands $380M AUM

Monarch Alternative Capital New York $588M AUM 125.01% 1-Year Est. Return

Anchorage Capital Advisors New York $179M AUM 13.47% 1-Year Est. Return

Dimensional Fund Advisors

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return