State of Wisconsin Investment Board’s American Express Global Business Travel GBTG Stock Holding History

State of Wisconsin Investment Board’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 Q3	–	Sell	-59,239	Closed	-$373K	–	2433
2025 Q2	$373K	Buy	59,239 +45,147	+320%	+$290K	﹤0.01%	1984
2025 Q1	$102K	Sell	14,092 -80,826	-85%	-$682K	﹤0.01%	2173
2024 Q4	$881K	Sell	94,918 -15,025	-14%	-$128K	﹤0.01%	1579
2024 Q3	$845K	Buy	109,943 +92,896	+545%	+$644K	﹤0.01%	1627
2024 Q2	$113K	Buy	+17,047	New	+$105K	﹤0.01%	2218

Other funds holding GBTG

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

RCM

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

AMH

Apollo Management Holdings New York $7.6B AUM 23.97% 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 $5.72T AUM 30.48% 1-Year Est. Return

ACA

Anchorage Capital Advisors New York $378M AUM 13.47% 1-Year Est. Return

MAC

Monarch Alternative Capital New York $1.63B AUM 125.01% 1-Year Est. Return

BCA

Boundary Creek Advisors New York $15.3M AUM 0.41% 1-Year Est. Return

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

State of Wisconsin Investment Board's GBTG Position: Q3 2025 in Review

State of Wisconsin Investment Board sold out of American Express Global Business Travel (GBTG) in Q3 2025, closing a stake of 59,239 shares — an estimated $373K sold.

State of Wisconsin Investment Board first reported a position in GBTG in Q2 2024 and held it in 5 quarters. The position peaked at $881K in Q4 2024. 163 funds tracked by Wall St. Rank hold GBTG as of Q3 2025.

State of Wisconsin Investment Board reported no remaining American Express Global Business Travel position as of Q3 2025 after selling out during the quarter.
State of Wisconsin Investment Board sold 59,239 American Express Global Business Travel shares in Q3 2025, an estimated $373K.
State of Wisconsin Investment Board first reported a position in American Express Global Business Travel in Q2 2024 and held it in 5 quarters.
State of Wisconsin Investment Board's American Express Global Business Travel position peaked at $881K in Q4 2024.
163 funds tracked by Wall St. Rank held American Express Global Business Travel as of Q3 2025.

Based on State of Wisconsin Investment Board's 13F filing for Q3 2025, filed 14 Nov 2025.