American Express Global Business Travel
GBTG
107 hedge funds and large institutions have $620M invested in American Express Global Business Travel in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 24 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
3% more funds holding
Funds holding: 104 → 107 (+3)
4% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $606M → $620M (+$13.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$5.68M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$3.98M |
| 3 |
Jane Street
New York
|
+$3.92M |
| 4 |
FIG
Fortress Investment Group
New York
|
+$2.02M |
| 5 |
OCM
Oribel Capital Management
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$7.14M |
| 2 |
LCM
LH Capital Markets
New York
|
-$5.94M |
| 3 |
LA
Linden Advisors
New York
|
-$4.92M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.48M |
| 5 |
SC
Sculptor Capital
New York
|
-$2.13M |
GBTG Hedge Fund Activity: Q2 2021 in Review
107 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in American Express Global Business Travel (GBTG) for Q2 2021, worth a combined $620M — up 2.2% from $606M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GBTG positions and 11 closed out — a net gain of 3 holders — while 25 added to existing stakes and 24 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $5.68M. The largest seller was Adage Capital Partners, cutting an estimated $7.14M.
- 107 institutional investors held American Express Global Business Travel (GBTG) as of Q2 2021, up from 104 in Q1 2021.
- Funds reported $620M of American Express Global Business Travel stock for Q2 2021, up 2.2% quarter-over-quarter.
- 14 funds opened new American Express Global Business Travel positions in Q2 2021 and 11 closed out, a net change of +3 holders.
- The largest American Express Global Business Travel buyer in Q2 2021 was D.E. Shaw & Co, an estimated $5.68M added.
- The largest American Express Global Business Travel seller in Q2 2021 was Adage Capital Partners, an estimated $7.14M sold.
Based on aggregated 13F filings for Q2 2021.