Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
GBTG.WS
GBTG.WS was delisted on the 26th of October, 2022.
36 hedge funds and large institutions have $53.6M invested in Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
42% more capital invested
Capital invested by funds: $37.8M → $53.6M (+$15.8M)
20% less funds holding
Funds holding: 45 → 36 (-9)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$1.08M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$1.02M |
| 3 |
SC
Sculptor Capital
New York
|
+$364K |
| 4 |
LCM
LH Capital Markets
New York
|
+$296K |
| 5 |
NM
Newtyn Management
New York
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.05M |
| 2 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
-$851K |
| 3 |
SI
Standard Investments
New York
|
-$437K |
| 4 |
TCM
Tenor Capital Management
New York
|
-$315K |
| 5 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$207K |
GBTG.WS Hedge Fund Activity: Q3 2022 in Review
36 of the 5,829 institutional investors tracked by Wall St. Rank reported a position in Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (GBTG.WS) for Q3 2022, worth a combined $53.6M — up 42% from $37.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GBTG.WS and 4 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was Carronade Capital Management, adding an estimated $1.08M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $1.05M sold.
- 36 institutional investors held Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (GBTG.WS) as of Q3 2022, down from 45 in Q2 2022.
- Funds reported $53.6M of Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share stock for Q3 2022, up 42% quarter-over-quarter.
- 4 funds opened new Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share positions in Q3 2022 and 13 closed out, a net change of -9 holders.
- The largest Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share buyer in Q3 2022 was Carronade Capital Management, an estimated $1.08M added.
- The largest Global Business Travel Group, Inc. Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share seller in Q3 2022 was Balyasny Asset Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2022.