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American Express Global Business Travel

133 hedge funds and large institutions have $2.22B invested in American Express Global Business Travel in 2024 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 49 increasing their positions, 23 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 9

113% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 23

36% more funds holding

Funds holding: 98133 (+35)

17% more capital invested

Capital invested by funds: $1.89B → $2.22B (+$325M)

1.23% less ownership

Funds ownership: 52.06%50.83% (-1.2%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
133
Holders Change
+35
Holders Change %
+35.71%
% of All Funds
1.75%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.08%
New
45
Increased
49
Reduced
23
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AE
1
American Express
New York
$1.46B
AMH
2
Apollo Management Holdings
New York
$239M
AM
3
Ares Management
California
$106M
Vanguard Group
4
Vanguard Group
Pennsylvania
$86M -$25.4M -2,979,627 -24%
BlackRock
5
BlackRock
New York
$82.1M +$7.4M +867,415 +11%
CCM
6
Carronade Capital Management
Connecticut
$27.6M -$5.24M -614,062 -17%
BPCM
7
Beach Point Capital Management
California
$25.2M -$19.7M -2,310,104 -46%
State Street
8
State Street
Massachusetts
$22.6M +$4.21M +493,647 +25%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$21.4M -$261K -30,563 -1%
Millennium Management
10
Millennium Management
New York
$13.1M +$7.73M +905,929 +179%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$11.5M +$3.28M +384,560 +45%
Northern Trust
12
Northern Trust
Illinois
$10.9M +$497K +58,189 +5%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$8.25M +$6.53M +764,628 +615%
Charles Schwab
14
Charles Schwab
California
$7.54M +$48.8K +5,723 +0.7%
PCM
15
PAR Capital Management
Massachusetts
$6.93M
PIP
16
PB Investment Partners
California
$5.69M +$29.1K +3,405 +0.6%
Goldman Sachs
17
Goldman Sachs
New York
$4.1M -$275K -32,271 -7%
Renaissance Technologies
18
Renaissance Technologies
New York
$3.99M -$1.56M -182,380 -30%
UBS Group
19
UBS Group
Switzerland
$3.97M +$3.09M +362,562 +554%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$3.74M +$2.39M +279,533 +226%
First Trust Advisors
21
First Trust Advisors
Illinois
$3.67M +$3.37M +395,079 New
BAM
22
Ballast Asset Management
Texas
$3.64M -$110K -12,932 -3%
N
23
Nuveen
North Carolina
$3.31M +$944K +110,651 +45%
AACP
24
Advantage Alpha Capital Partners
California
$3.28M +$715K +83,812 +31%
Morgan Stanley
25
Morgan Stanley
New York
$2.74M -$375K -43,956 -13%

GBTG Hedge Fund Activity: Q4 2024 in Review

133 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in American Express Global Business Travel (GBTG) for Q4 2024, worth a combined $2.22B — up 17% from $1.89B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new GBTG positions and 9 closed out — a net gain of 36 holders — while 49 added to existing stakes and 23 trimmed.

The largest buyer was Millennium Management, adding an estimated $7.73M. The largest seller was Vanguard Group, cutting an estimated $25.4M.

  • 133 institutional investors held American Express Global Business Travel (GBTG) as of Q4 2024, up from 98 in Q3 2024.
  • Funds reported $2.22B of American Express Global Business Travel stock for Q4 2024, up 17% quarter-over-quarter.
  • 45 funds opened new American Express Global Business Travel positions in Q4 2024 and 9 closed out, a net change of +36 holders.
  • The largest American Express Global Business Travel buyer in Q4 2024 was Millennium Management, an estimated $7.73M added.
  • The largest American Express Global Business Travel seller in Q4 2024 was Vanguard Group, an estimated $25.4M sold.

Based on aggregated 13F filings for Q4 2024.