§ HOTELS, RESTAURANTS & LEISURE
USD · Hotels, Restaurants & LeisureGBTG
GLOBAL BUSINESS TRAVEL GROUP
USDSector · Hotels, Restaurants & LeisureBeta · 0.97
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
139 increased/new, 32 decreased/exited (13F)
AC 13F Analysis
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 56.2 | P/B | 2.49 |
| EPS (TTM) | 0.16 |
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| AMERICAN EXPRESS CO | 157.8M | 100.0% | ±0% |
| BlackRock, Inc. | 48.7M | 0.0% | +399% |
| Apollo Management Holdings, L.P. | 22.9M | 1.7% | ±0% |
| REDWOOD CAPITAL MANAGEMENT, LLC | 22.0M | 18.2% | +2% |
| ARES MANAGEMENT LLC | 13.9M | 5.1% | ±0% |
| Attestor Capital Ltd | 8.9M | 12.8% | ±0% |
◇ AC INTELLIGENCE
Top institutional owners for GBTG as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER35.4% · 0 holders
OTHER51.8% · 110 holders
PASSIVE / INDEX10.2% · 9 holders
DEALER / BANK1.2% · 21 holders
QUALITY / COMPOUNDER1.1% · 13 holders
SYSTEMATIC / QUANT0.1% · 5 holders
INCOME / DEFENSIVE0.1% · 7 holders
TACTICAL / MACRO0.1% · 3 holders
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for GBTG in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention GBTG yet.