American Express Global Business Travel
GBTG
113 hedge funds and large institutions have $664M invested in American Express Global Business Travel in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $616M → $664M (+$48.4M)
7% more funds holding
Funds holding: 106 → 113 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$8.82M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$8.72M |
| 3 |
ACA
Arena Capital Advisors
Los Angeles,
California
|
+$8.19M |
| 4 |
SRF
Silver Rock Financial
Los Angeles,
California
|
+$6.29M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$8.12M |
| 2 |
Millennium Management
New York
|
-$4.27M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.85M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.47M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.32M |
GBTG Hedge Fund Activity: Q3 2021 in Review
113 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in American Express Global Business Travel (GBTG) for Q3 2021, worth a combined $664M — up 7.9% from $616M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GBTG positions and 9 closed out — a net gain of 7 holders — while 27 added to existing stakes and 19 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $8.82M. The largest seller was AllianceBernstein, exiting entirely with an estimated $8.12M sold.
- 113 institutional investors held American Express Global Business Travel (GBTG) as of Q3 2021, up from 106 in Q2 2021.
- Funds reported $664M of American Express Global Business Travel stock for Q3 2021, up 7.9% quarter-over-quarter.
- 16 funds opened new American Express Global Business Travel positions in Q3 2021 and 9 closed out, a net change of +7 holders.
- The largest American Express Global Business Travel buyer in Q3 2021 was D.E. Shaw & Co, an estimated $8.82M added.
- The largest American Express Global Business Travel seller in Q3 2021 was AllianceBernstein, an estimated $8.12M sold.
Based on aggregated 13F filings for Q3 2021.