American Express Global Business Travel
GBTG
119 hedge funds and large institutions have $721M invested in American Express Global Business Travel in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 23 closing their positions.
1,217% more call options, than puts
Call options by funds: $30.7M | Put options by funds: $2.33M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less capital invested
Capital invested by funds: $733M → $721M (-$11.8M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
3% less funds holding
Funds holding: 123 → 119 (-4)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Taconic Capital Advisors
New York
|
+$13.9M |
| 2 |
Barclays
London,
United Kingdom
|
+$13.9M |
| 3 |
HCM
Highbridge Capital Management
New York
|
+$13.4M |
| 4 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
+$11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
-$19.2M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$18M |
| 3 |
DAM
DLD Asset Management
New York
|
-$17M |
| 4 |
SI
Standard Investments
New York
|
-$12.3M |
| 5 |
JP Morgan Chase
New York
|
-$11M |
GBTG Hedge Fund Activity: Q1 2022 in Review
119 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in American Express Global Business Travel (GBTG) for Q1 2022, worth a combined $721M — down 1.6% from $733M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of GBTG and 19 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 24 added.
The largest buyer was Taconic Capital Advisors, adding an estimated $13.9M. The largest seller was Fort Baker Capital Management, exiting entirely with an estimated $19.2M sold.
- 119 institutional investors held American Express Global Business Travel (GBTG) as of Q1 2022, down from 123 in Q4 2021.
- Funds reported $721M of American Express Global Business Travel stock for Q1 2022, down 1.6% quarter-over-quarter.
- 19 funds opened new American Express Global Business Travel positions in Q1 2022 and 23 closed out, a net change of -4 holders.
- The largest American Express Global Business Travel buyer in Q1 2022 was Taconic Capital Advisors, an estimated $13.9M added.
- The largest American Express Global Business Travel seller in Q1 2022 was Fort Baker Capital Management, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2022.