DEUTSCHE BANK AG\

Bank

CIK

948046

Location

FRANKFURT AM MAIN, 2M

Portfolio Value

Mega $293,227,188,812

Diversification

Diversified

Filing Date

Global Rank

#34 / 8,607 ▲ 1 · as of Mar 2026

Top Industry

Semiconductors 9.9%

3Y Alpha vs SPY

-3.6%

Period ended 3 months ago

Filed May 13, 2026 · 58d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+60.0%

SPY

+75.5%

Annualised alpha

-3.7%

Max drawdown

−17.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

3,261 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.3%

−0.3 pts

Top 5

18.7%

−2.2 pts

Top 10

25.6%

−2.4 pts

HHI

106

Diversified−18

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.6%	$83,841,018,054	457
Financial Services	12.2%	$35,650,411,567	555
Healthcare	11.7%	$34,390,786,290	546
Industrials	8.4%	$24,604,855,017	436
Communication Services	7.7%	$22,559,973,972	134
Consumer Cyclical	7.6%	$22,216,418,661	349
Energy	7.0%	$20,473,181,348	161
Consumer Defensive	4.6%	$13,429,535,585	145
Basic Materials	4.1%	$12,162,772,703	178
Utilities	4.0%	$11,811,478,935	86
Real Estate	3.9%	$11,486,985,050	199
Unclassified	0.2%	$599,771,630	15

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DB	Deutsche Bank Aktiengesellschaft	+13,126,467	69,876,566	$2,080,924,131
PBR	Petrobras - Petroleo Brasileiro SA	+6,834,861	6,841,522	$141,961,580
SUZ	Suzano S.A.	+5,282,323	12,635,412	$126,480,472
CCC	CCC Intelligent Solutions Holdings Inc.	+4,621,248	4,653,653	$27,921,918
CDE	Coeur Mining, Inc.	+4,386,166	7,123,913	$133,715,845
RKT	Rocket Companies, Inc.	+3,535,126	5,201,994	$74,128,413
TROX	Tronox Holdings plc	+3,288,452	3,928,114	$38,377,673
DOC	Healthpeak Properties, Inc.	+3,260,399	6,983,550	$114,739,723
U	Unity Software Inc.	+3,178,241	3,575,509	$78,446,666
GLW	Corning Inc /Ny	+2,937,146	5,017,721	$682,259,522
CTRE	CareTrust REIT, Inc.	+2,908,686	3,412,762	$125,077,725
IHRT	iHeartMedia, Inc.	+2,849,268	6,623,623	$19,340,978
PBA	Pembina Pipeline Corp	+2,802,849	5,725,777	$256,285,776
INTC	Intel Corp	+2,801,346	27,743,478	$1,224,319,677
KVUE	Kenvue Inc.	+2,786,131	11,014,726	$189,893,870
URG	Ur-Energy Inc	+2,739,074	3,903,674	$5,816,474
OKE	Oneok Inc /New/	+2,563,035	6,736,519	$608,913,946
TTE	TotalEnergies SE	+2,512,515	42,925,687	$3,905,378,995
ABT	Abbott Laboratories	+2,512,271	14,091,704	$1,446,795,239
KMI	Kinder Morgan, Inc.	+2,492,925	17,278,556	$579,349,977
UBS	UBS Group AG	+2,316,845	31,922,626	$1,247,216,995
VTRS	Viatris Inc	+2,249,555	6,512,440	$87,983,060
HPE	Hewlett Packard Enterprise Co	+2,216,154	10,148,899	$241,645,279
ED	Consolidated Edison Inc	+2,180,221	5,797,582	$656,170,328
EQX	Equinox Gold Corp.	+2,109,764	5,934,185	$85,808,313
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
STLA	Stellantis N.V.	−13,285,349	11,854,538	$84,048,670
ALIT	Alight, Inc. / Delaware	−3,954,780	378,884	$4,415,513
PAYO	Payoneer Global Inc.	−3,836,391	2,863,470	$13,830,558
ES	Eversource Energy	−3,824,482	1,517,504	$105,132,671
PYPL	PayPal Holdings, Inc.	−3,696,082	4,179,448	$189,036,425
HR	Healthcare Realty Trust Inc	−3,655,710	220,358	$3,743,880
FOLD	AMICUS THERAPEUTICS, INC.	−3,174,436	282,792	$4,089,171
MICC	Magnum Ice Cream Co N.V.	−2,931,269	2,975,858	$44,489,073
JBLU	Jetblue Airways Corp	−2,804,801	551,220	$2,436,392
OHI	Omega Healthcare Investors Inc	−2,694,733	921,104	$40,362,774
ENB	Enbridge Inc	−2,554,616	34,578,351	$1,872,071,917
GOOGL	Alphabet Inc.	−2,413,836	29,372,834	$8,446,452,134
DELL	Dell Technologies Inc.	−2,323,181	3,193,889	$524,212,995
VALE	Vale S.A.	−2,196,265	4,888,775	$77,780,410
ATEC	Alphatec Holdings, Inc.	−2,079,885	1,302,465	$14,170,817
TME	Tencent Music Entertainment Group	−2,070,613	2,370,622	$21,999,369
GTM	ZoomInfo Technologies Inc.	−2,045,887	111,689	$667,900
HST	Host Hotels & Resorts, Inc.	−1,994,495	10,716,292	$205,324,147
JPM	Jpmorgan Chase & Co	−1,879,208	8,311,386	$2,444,877,297
CNI	Canadian National Railway Co	−1,792,982	7,205,119	$740,470,076
SMA	SmartStop Self Storage REIT, Inc.	−1,763,558	56,905	$1,723,083
PSKY	Paramount Skydance Corp	−1,757,959	3,816,011	$34,420,416
PRMB	Primo Brands Corp	−1,733,174	88,478	$1,666,040
CRWV	CoreWeave, Inc.	−1,728,570	2,084,286	$161,469,635
ORGO	Organogenesis Holdings Inc.	−1,591,950	1,705,681	$4,042,463
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	12,129,724	$2,392,224,162
QGEN	Qiagen N.V.	5,601,957	$224,302,355
SUNB	Sunbelt Rentals Holdings, Inc.	1,843,172	$119,972,060
AMCR	Amcor plc	2,845,061	$113,091,172
VG	Venture Global, Inc.	5,004,481	$78,870,619
JAN	Janus Living, Inc.	2,948,195	$69,488,955
FPS	Forgent Power Solutions, Inc.	1,010,632	$29,581,197
PNFP	Pinnacle Financial Partners, Inc.	264,489	$22,783,079
MWH	SOLV Energy, Inc.	756,390	$22,714,391
FVAV	Fortress Value Acquisition Corp. V	1,175,000	$11,785,250
HSLV	Highlander Silver Corp.	1,809,137	$10,637,725
FMX	Mexican Economic Development Inc	86,530	$9,610,021
LTM	Latam Airlines Group S.A.	171,695	$8,488,600
DFTX	Definium Therapeutics, Inc.	411,834	$7,783,661
RELX	Relx PLC	200,271	$6,638,983
INDV	Indivior Pharmaceuticals, Inc.	214,080	$6,525,157
BMM	Blue Moon Metals Inc.	674,301	$4,409,928
IHG	Intercontinental Hotels Group PLC /New/	23,357	$3,117,225
KYIV	Kyivstar Group Ltd.	275,000	$2,783,000
EDU	New Oriental Education & Technology Group Inc.	47,101	$2,667,329
GGB	Gerdau S.A.	699,285	$2,524,418
OIM	OneIM Acquisition Corp.	250,000	$2,490,000
CTMX	CytomX Therapeutics, Inc.	463,421	$2,178,078
OFRM	Once Upon a Farm, PBC	100,000	$1,635,000
EQPT	EquipmentShare.com Inc	70,000	$1,425,900
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ABVX	Abivax S.A.	764,899	$103,150,454
NGD	New Gold Inc. /FI	5,985,031	$52,129,618
EXAS	EXACT SCIENCES CORP	502,117	$50,994,997
SBSW	Sibanye Stillwater Ltd	3,469,111	$49,434,831
TGNA	TEGNA INC	473,426	$9,189,197
CSIQ	Canadian Solar Inc.	378,758	$9,003,077
INTR	Inter & Co, Inc.	963,800	$8,173,024
GRTUF	Granite Real Estate Investment Trust	127,514	$7,547,551
FSK	FS KKR Capital Corp	194,064	$2,874,087
PUK	Prudential PLC	92,083	$2,865,622
GSL	Global Ship Lease, Inc.	77,350	$2,710,344
SBLK	Star Bulk Carriers Corp.	136,199	$2,617,744
HYAC	Haymaker Acquisition Corp. 4	190,000	$2,162,200
ELME	Elme Communities	114,592	$1,993,899
MUFG	Mitsubishi Ufj Financial Group Inc	85,512	$1,356,220
NWG	NatWest Group plc	71,186	$1,245,755
MFG	Mizuho Financial Group Inc	91,073	$666,654
EAF	Graftech International Ltd	38,821	$602,113
CHGG	Chegg, Inc	541,832	$503,903
FOSL	Fossil Group, Inc.	127,869	$480,787
ONTF	ON24 INC.	31,856	$253,573
ZTO	ZTO Express (Cayman) Inc.	10,572	$220,849
DOUG	Douglas Elliman Inc.	73,764	$174,820
DQ	Daqo New Energy Corp.	4,808	$141,836
LEGH	Legacy Housing Corp	7,145	$139,470
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3,261 positions · $293,227,188,812 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 3,261 positions by value · page 1 of 66

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	89,909,058	-546,949	$15,680,139,706	−7.1%	5.35%
MSFT	Microsoft Corp Technology	Added	32,617,624	+883,563	$12,074,065,866	−21.3%	4.12%
AAPL	Apple Inc. Technology	Added	46,564,322	+128,122	$11,817,559,269	−6.4%	4.03%
GOOGL	Alphabet Inc. Communication Services	Reduced	29,372,834	-2,413,836	$8,446,452,134	−15.1%	2.88%
AMZN	Amazon Com Inc Consumer Cyclical	Added	32,308,027	+1,689,262	$6,728,792,774	−4.8%	2.29%
META	Meta Platforms, Inc. Communication Services	Added	8,664,487	+962,428	$4,957,212,939	−2.5%	1.69%
AVGO	Broadcom Inc. Technology	Added	14,797,151	+968,782	$4,579,866,197	−4.3%	1.56%
TTE	TotalEnergies SE Energy	Added	42,925,687	+2,512,515	$3,905,378,995	+47.7%	1.33%
JNJ	Johnson & Johnson Healthcare	Added	14,435,647	+941,481	$3,528,649,542	+26.4%	1.20%
LLY	ELI LILLY & Co Healthcare	Reduced	3,547,772	-259,865	$3,263,134,246	−20.3%	1.11%
TSLA	Tesla, Inc. Consumer Cyclical	Added	8,122,075	+100,033	$3,019,381,374	−16.3%	1.03%
V	Visa Inc. Financial Services	Reduced	8,810,653	-15,014	$2,662,931,752	−14.0%	0.91%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	8,311,386	-1,879,208	$2,444,877,297	−25.5%	0.83%
AZN	Astrazeneca PLC Healthcare	NEW	12,129,724	NEW	$2,392,224,162	NEW	0.82%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	46,138,066	-1,034,437	$2,249,230,710	−13.3%	0.77%
AMAT	Applied Materials Inc /De Technology	Added	6,494,721	+70,248	$2,219,830,683	+34.5%	0.76%
DB	Deutsche Bank Aktiengesellschaft Financial Services	Added	69,876,566	+13,126,467	$2,080,924,131	−4.9%	0.71%
ABBV	AbbVie Inc. Healthcare	Reduced	9,531,362	-598,352	$2,072,975,912	−10.4%	0.71%
XOM	ExxonMobil Holdings Corp Energy	Added	12,014,229	+1,732,322	$2,038,334,081	+64.7%	0.70%
ENB	Enbridge Inc Energy	Reduced	34,578,351	-2,554,616	$1,872,071,917	+5.4%	0.64%
LIN	Linde PLC Basic Materials	Reduced	3,638,121	-303,598	$1,803,634,860	+7.3%	0.62%
AEM	Agnico Eagle Mines Ltd Basic Materials	Added	8,729,296	+158,335	$1,771,872,499	+21.9%	0.60%
NFLX	Netflix Inc Communication Services	Added	18,359,616	+1,773,364	$1,765,277,071	+13.5%	0.60%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	3,567,471	+476,681	$1,709,532,098	+10.0%	0.58%
AMD	Advanced Micro Devices Inc Technology	Reduced	8,258,350	-866,063	$1,679,996,133	−14.0%	0.57%
MDT	Medtronic plc Healthcare	Added	19,002,414	+1,254,180	$1,646,559,166	−3.4%	0.56%
NEE	Nextera Energy Inc Utilities	Added	17,710,767	+429,410	$1,644,976,028	+18.6%	0.56%
MU	Micron Technology Inc Technology	Added	4,670,917	+121,036	$1,578,022,589	+21.5%	0.54%
MA	Mastercard Inc Financial Services	Reduced	3,126,847	-209,756	$1,562,360,365	−18.0%	0.53%
MRK	Merck & Co., Inc. Healthcare	Reduced	12,540,774	-247,537	$1,508,529,698	+12.1%	0.51%
WMT	Walmart Inc. Consumer Defensive	Reduced	12,082,073	-1,210,529	$1,501,560,021	+1.4%	0.51%
PLTR	Palantir Technologies Inc. Technology	Reduced	10,142,047	-869,710	$1,483,578,627	−24.2%	0.51%
ABT	Abbott Laboratories Healthcare	Added	14,091,704	+2,512,271	$1,446,795,239	−0.3%	0.49%
PEP	Pepsico Inc Consumer Defensive	Reduced	9,012,904	-498,546	$1,399,613,854	+2.5%	0.48%
WMB	Williams Companies, Inc. Energy	Reduced	18,968,223	-1,068,475	$1,380,507,266	+14.6%	0.47%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	1,353,438	-61,308	$1,348,606,215	+10.5%	0.46%
AMT	American Tower Corp /Ma/ Real Estate	Added	7,769,353	+860,052	$1,340,834,933	+10.5%	0.46%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	9,120,974	+1,236,961	$1,317,433,477	+16.6%	0.45%
CSCO	Cisco Systems, Inc. Technology	Added	16,765,902	+378,444	$1,300,866,329	+3.1%	0.44%
SLB	Slb Limited/Nv Energy	Reduced	25,240,679	-1,132,346	$1,297,118,487	+28.1%	0.44%
UBS	UBS Group AG Financial Services	Added	31,922,626	+2,316,845	$1,247,216,995	−9.0%	0.43%
INTC	Intel Corp Technology	Added	27,743,478	+2,801,346	$1,224,319,677	+33.0%	0.42%
KO	Coca Cola Co Consumer Defensive	Reduced	15,460,261	-801,864	$1,175,752,841	+3.4%	0.40%
EQIX	Equinix Inc Real Estate	Added	1,144,762	+49,954	$1,122,141,497	+33.8%	0.38%
ANET	Arista Networks, Inc. Technology	Reduced	8,969,142	-338,254	$1,101,231,248	−9.7%	0.38%
CVX	Chevron Corp Energy	Added	5,308,245	+1,123,119	$1,098,275,882	+72.2%	0.37%
UBER	Uber Technologies, Inc Technology	Added	14,182,834	+658,705	$1,020,171,239	−7.7%	0.35%
WELL	Welltower Inc. Real Estate	Reduced	5,144,394	-611,534	$1,017,098,134	−4.8%	0.35%
CL	Colgate Palmolive Co Consumer Defensive	Added	11,928,161	+1,082,304	$1,016,637,156	+18.6%	0.35%
GE	General Electric Co Industrials	Added	3,497,770	+744,896	$992,562,185	+17.1%	0.34%