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 |
Microsoft
MSFT
|
+$1.63B |
| 2 |
Apple
AAPL
|
+$1.3B |
| 3 |
Amazon
AMZN
|
+$1.1B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$914M |
| 5 |
Meta Platforms (Facebook)
META
|
+$773M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$581M |
| 2 |
VMW
VMware, Inc
VMW
|
+$515M |
| 3 |
TC Energy
TRP
|
+$373M |
| 4 |
American Water Works
AWK
|
+$260M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$180M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.38% |
| 2 | Healthcare | 14.05% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 8.48% |
| 5 | Communication Services | 8.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Leidos
LDOS
$14.5B
| $32M | 0.02% |
296,015
+71,562
| +32% | +$7.29M |
|
652
Mid-America Apartment Communities
MAA
$15.4B
| $32M | 0.02% |
237,957
-126,360
| -35% | -$16.1M |
|
653
Ares Management
ARES
$28.9B
| $31.9M | 0.02% |
268,028
+76,370
| +40% | +$8.29M |
|
654
Reliance Steel & Aluminium
RS
$20.7B
| $31.8M | 0.02% |
113,585
-132,893
| -54% | -$35.3M |
|
|
COOP
655
DELISTED
Mr. Cooper
COOP
| $31.7M | 0.02% |
487,351
+454,539
| +1,385% | +$26.9M |
|
656
Graco
GGG
$12.9B
| $31.7M | 0.02% |
365,669
+64,858
| +22% | +$5.1M |
|
657
Caesars Entertainment
CZR
$6.06B
| $31.7M | 0.02% |
676,207
+211,622
| +46% | +$9.4M |
|
658
Hormel Foods
HRL
$13.8B
| $31.7M | 0.02% |
986,244
+38,269
| +4% | +$1.25M |
|
659
Equitable Holdings
EQH
$13B
| $31.7M | 0.02% |
950,896
+319,445
| +51% | +$9.35M |
|
|
IMGN
660
DELISTED
Immunogen Inc
IMGN
| $31.6M | 0.02% |
1,065,880
+840,814
| +374% | +$16.7M |
|
661
Guardant Health
GH
$21.7B
| $31.4M | 0.02% |
1,159,846
+1,076,584
| +1,293% | +$28.2M |
|
662
NIO
NIO
$12.2B
| $31.4M | 0.02% |
3,458,480
-205,911
| -6% | -$1.63M |
|
|
MRO
663
DELISTED
Marathon Oil Corporation
MRO
| $31.4M | 0.02% |
1,298,348
+80,645
| +7% | +$2.08M |
|
664
Charles River Laboratories
CRL
$11.2B
| $31.1M | 0.02% |
131,760
+8,641
| +7% | +$1.7M |
|
665
KeyCorp
KEY
$24.2B
| $31.1M | 0.02% |
2,162,102
-177,430
| -8% | -$2.11M |
|
666
CareTrust REIT
CTRE
$9.91B
| $31M | 0.02% |
1,386,766
+1,219,706
| +730% | +$27M |
|
667
Brown-Forman Class B
BF.B
$13.2B
| $30.8M | 0.02% |
540,202
+19,929
| +4% | +$1.14M |
|
668
DTE Energy
DTE
$29.5B
| $30.8M | 0.02% |
279,030
+8,618
| +3% | +$883K |
|
|
PRO
669
DELISTED
PROS Holdings
PRO
| $30.7M | 0.02% |
792,495
-11,556
| -1% | -$415K |
|
670
Henry Schein
HSIC
$9.77B
| $30.7M | 0.02% |
405,769
+26,561
| +7% | +$1.86M |
|
671
Celanese
CE
$4.9B
| $30.7M | 0.02% |
197,653
+10,519
| +6% | +$1.37M |
|
672
AngloGold Ashanti
AU
$40.1B
| $30.4M | 0.02% |
1,624,772
+40,790
| +3% | +$736K |
|
673
Fidelity National Financial
FNF
$13.9B
| $30.3M | 0.02% |
593,535
+210,871
| +55% | +$9.18M |
|
674
BorgWarner
BWA
$13.1B
| $30.1M | 0.02% |
840,463
+25,289
| +3% | +$903K |
|
675
Stantec
STN
$8.04B
| $30M | 0.02% |
374,280
+24,905
| +7% | +$1.73M |
|
Similar funds
Deutsche Bank's Q4 2023 Portfolio in Review
As of Q4 2023, Deutsche Bank held 3,821 positions worth $196B, up 27% from $155B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Deutsche Bank deployed $22.3B of net new capital in Q4 2023, opening 150 new positions and adding to 1,682 existing holdings. Its largest new stake was Veralto: 862,918 shares worth $71M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 23% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was TC Energy, an estimated $373M trimmed.
- Deutsche Bank's largest Q4 2023 buy was Veralto: 862,918 shares worth $71M.
- Deutsche Bank added most to Microsoft in Q4 2023, an estimated $1.63B increase.
- Deutsche Bank's biggest Q4 2023 reduction was TC Energy, cutting an estimated $373M.
- Deutsche Bank fully exited Activision Blizzard in Q4 2023, selling an estimated $581M.
- Deutsche Bank's ten largest holdings make up 23% of its $196B portfolio in Q4 2023.
- Deutsche Bank opened 150 new positions and closed 195 in Q4 2023.
- Deutsche Bank's portfolio value rose 27% quarter-over-quarter to $196B.
Based on Deutsche Bank's 13F filing for Q4 2023, filed 14 Feb 2024.