Deutsche Bank Portfolio holdings
Deutsche Bank AG, founded in 1870 to finance German exports and headquartered in Frankfurt, Germany, is a leading global investment bank with a significant presence in commercial banking, wealth management, and asset management, managing billions in assets across Europe, the Americas, and Asia. Known for its expertise in trading, corporate finance, and mergers and acquisitions, it serves corporations, governments, and institutional clients, though it has faced challenges, including hefty fines and restructuring efforts following the 2008 financial crisis and subsequent scandals. Under CEO Christian Sewing since 2018, the bank has shifted focus toward cost-cutting, digital transformation, and strengthening its core European operations, while its asset management arm, DWS, oversees hundreds of billions in investments. Despite a turbulent past, Deutsche Bank remains a key player in global finance, balancing its legacy with efforts to adapt to a rapidly evolving industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Targa Resources
TRGP
|
+$308M |
| 2 |
Kenvue
KVUE
|
+$294M |
| 3 |
Oneok
OKE
|
+$237M |
| 4 |
Edison International
EIX
|
+$218M |
| 5 |
CRH
CRH
|
+$200M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2B |
| 2 |
Microsoft
MSFT
|
+$1.42B |
| 3 |
Amazon
AMZN
|
+$1.28B |
| 4 |
Meta Platforms (Facebook)
META
|
+$1.06B |
| 5 |
NVIDIA
NVDA
|
+$784M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.31% |
| 2 | Healthcare | 14.81% |
| 3 | Financials | 11.56% |
| 4 | Communication Services | 8.03% |
| 5 | Consumer Discretionary | 7.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Nordson
NDSN
$16.6B
| $39.9M | 0.03% |
178,988
+18,291
| +11% | +$4.38M |
|
527
M&T Bank
MTB
$35.7B
| $39.5M | 0.03% |
312,700
+30,409
| +11% | +$3.97M |
|
528
DraftKings
DKNG
$11.6B
| $39.4M | 0.03% |
1,338,075
+840,755
| +169% | +$24.8M |
|
|
BLD
529
DELISTED
TopBuild
BLD
| $39.2M | 0.03% |
155,804
-68,520
| -31% | -$18.9M |
|
|
AZPN
530
DELISTED
Aspen Technology Inc
AZPN
| $39.2M | 0.03% |
191,887
-32,246
| -14% | -$6.07M |
|
531
Las Vegas Sands
LVS
$31.7B
| $39.2M | 0.03% |
854,684
+17,625
| +2% | +$953K |
|
532
KKR & Co
KKR
$91.1B
| $38.8M | 0.03% |
630,057
-75,489
| -11% | -$4.58M |
|
|
EXAS
533
DELISTED
Exact Sciences
EXAS
| $38.8M | 0.03% |
568,911
-29,486
| -5% | -$2.5M |
|
534
Suncor Energy
SU
$79.4B
| $38.6M | 0.02% |
1,122,327
+60,236
| +6% | +$1.93M |
|
|
AXON
535
Axon Enterprise
AXON
$42.5B
| $38.4M | 0.02% |
193,125
+22,694
| +13% | +$4.46M |
|
536
Workiva
WK
$3.36B
| $38.4M | 0.02% |
379,023
+997
| +0.3% | +$104K |
|
537
Zebra Technologies
ZBRA
$14B
| $37.9M | 0.02% |
160,377
+6,179
| +4% | +$1.68M |
|
538
Bath & Body Works
BBWI
$4.06B
| $37.8M | 0.02% |
1,118,725
+98,903
| +10% | +$3.59M |
|
539
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $37.7M | 0.02% |
511,330
+203,262
| +66% | +$15.2M |
|
540
Royal Caribbean
RCL
$85.1B
| $37.7M | 0.02% |
409,096
+44,528
| +12% | +$4.46M |
|
541
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $37.6M | 0.02% |
456,236
+1,987
| +0.4% | +$169K |
|
542
Insulet
PODD
$11.5B
| $37.5M | 0.02% |
235,283
+54,879
| +30% | +$12.3M |
|
|
FITB
543
Fifth Third Bancorp
FITB
$51.2B
| $37.5M | 0.02% |
1,479,951
+208,716
| +16% | +$5.63M |
|
|
DAY
544
DELISTED
Dayforce
DAY
| $37.5M | 0.02% |
552,296
+59,165
| +12% | +$4.16M |
|
545
LKQ Corp
LKQ
$5.68B
| $37.4M | 0.02% |
756,122
+67,072
| +10% | +$3.59M |
|
546
Equity Residential
EQR
$24.9B
| $37.4M | 0.02% |
637,176
-118,269
| -16% | -$7.64M |
|
|
X
547
DELISTED
US Steel
X
| $36.7M | 0.02% |
1,130,473
-243,949
| -18% | -$6.84M |
|
548
Host Hotels & Resorts
HST
$17.2B
| $36.4M | 0.02% |
2,265,095
+83,077
| +4% | +$1.38M |
|
549
Stanley Black & Decker
SWK
$14.3B
| $36.1M | 0.02% |
432,420
+40,679
| +10% | +$3.77M |
|
550
Palantir
PLTR
$295B
| $36.1M | 0.02% |
2,257,581
-26,914
| -1% | -$429K |
|
Similar funds
Deutsche Bank's Q3 2023 Portfolio in Review
As of Q3 2023, Deutsche Bank held 3,950 positions worth $155B, down 18% from $188B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Deutsche Bank withdrew a net $27.8B in Q3 2023, closing 253 positions and reducing 1,578 holdings. Its most notable exit was Life Storage, Inc., an estimated $152M position sold in full.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Deutsche Bank opened a new position in AngloGold Ashanti worth $25M.
- Deutsche Bank's largest Q3 2023 buy was AngloGold Ashanti: 1,583,982 shares worth $25M.
- Deutsche Bank added most to Targa Resources in Q3 2023, an estimated $308M increase.
- Deutsche Bank's biggest Q3 2023 reduction was Apple, cutting an estimated $2B.
- Deutsche Bank fully exited Life Storage, Inc. in Q3 2023, selling an estimated $152M.
- Deutsche Bank's ten largest holdings make up 22% of its $155B portfolio in Q3 2023.
- Deutsche Bank opened 153 new positions and closed 253 in Q3 2023.
- Deutsche Bank's portfolio value fell 18% quarter-over-quarter to $155B.
Based on Deutsche Bank's 13F filing for Q3 2023, filed 9 Nov 2023.