Deutsche Bank Ag\ portfolio

Bank or trading desk

Portfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 7, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗

A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.

Deutsche Bank Ag\ reported a $344 bn portfolio of 3,553 companies (3,585 positions, counting each share class separately) to the SEC as of the end of Q2 2026. Its largest positions are NVDA, GOOGL, AAPL.

Stock portfolio

$344 bn

Companies

3,553

3,585 positions (by CUSIP)Top 10: 26%

Turnover

11%

Copying its 13F, 5 years

—

Not calculated: not counted as a concentrated manager

Sections with a free account

What it reported after the quarter end (Q2 2026)

The 13F shows the portfolio as of Jun 30, 2026. Since then Deutsche Bank Ag\ has filed these own trades with the SEC (Form 4, when it owns more than 10% of a company or holds a role in it) and stakes above 5% (13D and 13G). It is not everything it did: only what it must report before the next 13F.

13G/AIheartmediaIHRT5 % → 4.9 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 13, 2026 · filing ↗
13G/AOptimum CommunicationsOPTU5.2 % → 6.9 %
Stake reported in the company · event of Jun 30, 2026 · filed Aug 13, 2026 · filing ↗

What changed this quarter

3417 positions with a change (218 new, 2147 added to, 934 trimmed, 118 sold); also, 18 entered through an IPO, 51 exited through an acquisition or merger, 12 entered through a spin-off. 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

Applied Materials−38%fewer sharesReduced
0.7% → 0.8%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.

Top holdings

NVIDIANVDA5.4%
AlphabetGOOGL · GOOG5.0%
AppleAAPL4.0%
MicrosoftMSFT3.5%
Amazon.comAMZN2.4%
BroadcomAVGO1.6%
Micron TechnologyMU1.6%
Meta PlatformsMETA1.5%
Advanced Micro DevicesAMD1.4%
Eli LillyLLY1.2%
TeslaTSLA1.2%
Johnson & JohnsonJNJ1.2%
IntelINTC1.0%
TotalEnergiesTTE1.0%
VisaV0.9%
Applied MaterialsAMAT0.8%
AbbVieABBV0.8%
Deutsche Bank AktiengesellschaftDB0.8%
JPMorgan ChaseJPM0.8%
AstrazenecaAZN0.7%
Bank of AmericaBAC0.7%
WalmartWMT0.6%
Cisco SystemsCSCO0.6%
LindeLIN0.6%
Lam ResearchLRCX0.6%
MastercardMA0.5%
EnbridgeENB0.5%
Booking HoldingsBKNG0.5%
Berkshire HathawayBRK/B0.5%
Nextera EnergyNEE0.5%
Arista NetworksANET0.5%
MerckMRK0.4%
Seagate Technology HoldingsSTX0.4%
Abbott LaboratoriesABT0.4%
Palo Alto NetworksPANW0.4%
Exxon MobilXOM0.4%
CaterpillarCAT0.4%
MedtronicMDT0.4%
NetflixNFLX0.4%
Procter & GamblePG0.4%
Costco WholesaleCOST0.4%
Agnico Eagle MinesAEM0.4%
SandiskSNDK0.4%
Coca-ColaKO0.4%
Williams CompaniesWMB0.4%
KLAKLAC0.4%
AmphenolAPH0.4%
Palantir TechnologiesPLTR0.3%
UBS GroupUBS0.3%
ChevronCVX0.3%
QualcommQCOM0.3%
Marvell TechnologyMRVL0.3%
PepsicoPEP0.3%
WelltowerWELL0.3%
EquinixEQIX0.3%
SLBSLB0.3%
ProgressivePGR0.3%
American TowerAMT0.3%
GE AerospaceGE0.3%
Colgate-palmoliveCL0.3%
Texas InstrumentsTXN0.3%
UBER TechnologiesUBER0.3%
Union PacificUNP0.3%
PNC Financial Services GroupPNC0.3%
TC EnergyTRP0.3%
GE VernovaGEV0.3%
Home DepotHD0.3%
AllstateALL0.3%
UnitedHealth GroupUNH0.3%
Automatic Data ProcessingADP0.3%
Parker-hannifinPH0.3%
PrologisPLD0.3%
International Business MachinesIBM0.3%
Agilent TechnologiesA0.3%
American ExpressAXP0.3%
Gilead SciencesGILD0.3%
NewmontNEM0.3%
SempraSRE0.3%
OracleORCL0.3%
Western DigitalWDC0.3%
Verizon CommunicationsVZ0.3%
EatonETN0.3%
TJXTJX0.3%
Wells FargoWFC0.2%
Spotify TechnologySPOT0.2%
AmgenAMGN0.2%
CitigroupC0.2%
Targa ResourcesTRGP0.2%
Goldman Sachs GroupGS0.2%
Vertex PharmaceuticalsVRTX0.2%
At&tT0.2%
Centerpoint EnergyCNP0.2%
Taiwan Semiconductor ManufacturingTSM0.2%
PfizerPFE0.2%
Mondelez InternationalMDLZ0.2%
AdobeADBE0.2%
Consolidated EdisonED0.2%
RTXRTX0.2%
Canadian National RailwayCNI0.2%

Portfolio by sector

● Information Technology 32%
● Financials 11%
● Health Care 11%
● Communication Services 9%
● Industrials 9%
● Consumer Discretionary 8%
● Energy 6%
● Consumer Staples 4%
● Real Estate 4%
● Materials 3%
● Utilities 3%
● No sector 1%

13F filings with amendments or confidential positions

13F Q4 2024 ↗filed Feb 14, 2025Amendment of Jun 30, 2025 (replaces the original) ↗

Declared options (25)

Besides stocks, Deutsche Bank Ag\ declared 17 puts (they gain if the stock falls) and 8 calls (they gain if it rises) with a notional of $310M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.

CALLCloudflareNET$116M
CALLCaesars EntertainmentCZR$104M
PUTCloudflareNET$24.5M
PUTEchoStarECHO$16.5M
CALLSouthwest AirlinesLUV$12.9M
CALLBausch Health CompaniesBHCnew this quarter$4.9M
PUTHowmet AerospaceHWM$4.6M
CALLMcDonald'sMCDnew this quarter$3.1M
PUTAlnylam PharmaceuticalsALNY$3.1M
PUTProcter & GamblePGnew this quarter$2.3M
PUTFreeport-McMoRanFCXnew this quarter$2.0M
CALLGameStopGME$1.8M

Stakes above 5% (13D/13G)

Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.

How we classify it

Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%; it is a bank or trading desk; its positions are usually hedges or inventory. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided