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 |
AT&T
T
|
+$473M |
| 2 |
RTX Corp
RTX
|
+$451M |
| 3 |
Intel
INTC
|
+$310M |
| 4 |
Wells Fargo
WFC
|
+$304M |
| 5 |
Applied Materials
AMAT
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.53B |
| 2 |
Microsoft
MSFT
|
+$415M |
| 3 |
Meta Platforms (Facebook)
META
|
+$392M |
| 4 |
Apple
AAPL
|
+$369M |
| 5 |
Charter Communications
CHTR
|
+$357M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.96% |
| 2 | Financials | 13.73% |
| 3 | Healthcare | 13.4% |
| 4 | Consumer Discretionary | 9.18% |
| 5 | Communication Services | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Walmart Inc
WMT
$889B
| $475M | 0.24% |
15,178,065
-9,787,623
| -39% | -$299M |
|
77
Canadian Imperial Bank of Commerce
CM
$108B
| $475M | 0.24% |
10,127,790
+388,092
| +4% | +$17.8M |
|
78
TJX Companies
TJX
$173B
| $468M | 0.24% |
8,360,822
-87,426
| -1% | -$4.49M |
|
79
Automatic Data Processing
ADP
$102B
| $465M | 0.23% |
3,083,431
+861,574
| +39% | +$122M |
|
80
Salesforce
CRM
$142B
| $452M | 0.23% |
2,845,261
+761,384
| +37% | +$113M |
|
81
Qiagen
QGEN
$8.47B
| $452M | 0.23% |
11,257,486
-27,267
| -0.2% | -$1.09M |
|
82
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $451M | 0.23% |
5,221,254
-1,345,806
| -20% | -$116M |
|
83
Qualcomm
QCOM
$179B
| $451M | 0.23% |
6,258,553
+401,880
| +7% | +$26.4M |
|
84
Oracle
ORCL
$345B
| $449M | 0.23% |
8,707,586
-872,643
| -9% | -$42.4M |
|
85
Thermo Fisher Scientific
TMO
$208B
| $445M | 0.23% |
1,822,592
-92,306
| -5% | -$21.2M |
|
86
Deutsche Bank
DB
$67.9B
| $436M | 0.22% |
38,400,199
-14,806,306
| -28% | -$174M |
|
87
Duke Energy
DUK
$100B
| $436M | 0.22% |
5,446,872
+280,154
| +5% | +$22.7M |
|
88
American Express
AXP
$229B
| $427M | 0.22% |
4,006,134
-912,533
| -19% | -$94.9M |
|
89
UBS Group
UBS
$172B
| $417M | 0.21% |
26,518,267
-7,800,445
| -23% | -$123M |
|
90
Costco
COST
$422B
| $417M | 0.21% |
1,773,415
+206,347
| +13% | +$46.5M |
|
91
State Street Utilities Select Sector SPDR ETF
XLU
$23.5B
| $413M | 0.21% |
15,696,096
+1,025,062
| +7% | +$27.2M |
|
92
Dominion Energy
D
$61.8B
| $408M | 0.21% |
5,808,436
+571,360
| +11% | +$40.5M |
|
93
Abbott
ABT
$182B
| $406M | 0.21% |
5,537,092
-478,194
| -8% | -$31.4M |
|
94
Becton Dickinson
BDX
$43.8B
| $405M | 0.2% |
1,590,672
+121,870
| +8% | +$30M |
|
95
Toronto Dominion Bank
TD
$198B
| $402M | 0.2% |
6,604,721
-204,239
| -3% | -$12.2M |
|
96
UGI
UGI
$7.91B
| $400M | 0.2% |
7,208,706
-253,666
| -3% | -$13.7M |
|
97
Pembina Pipeline
PBA
$29B
| $400M | 0.2% |
11,754,922
+7,059,070
| +150% | +$245M |
|
98
CVS Health
CVS
$137B
| $399M | 0.2% |
5,072,200
-900,624
| -15% | -$64.4M |
|
99
PayPal
PYPL
$49.5B
| $398M | 0.2% |
4,534,088
+356,352
| +9% | +$31.4M |
|
100
Danaher
DHR
$138B
| $397M | 0.2% |
4,118,894
+1,295,918
| +46% | +$118M |
|
Similar funds
Deutsche Bank's Q3 2018 Portfolio in Review
As of Q3 2018, Deutsche Bank held 5,791 positions worth $198B, down 1.5% from $201B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Deutsche Bank withdrew a net $15B in Q3 2018, closing 370 positions and reducing 2,552 holdings. Its most notable exit was DCT Industrial Trust Inc., an estimated $202M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Deutsche Bank opened a new position in Brookfield Property REIT Inc. Class A Common Stock worth $84M.
- Deutsche Bank's largest Q3 2018 buy was Brookfield Property REIT Inc. Class A Common Stock: 4,011,383 shares worth $84M.
- Deutsche Bank added most to AT&T in Q3 2018, an estimated $473M increase.
- Deutsche Bank's biggest Q3 2018 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.53B.
- Deutsche Bank fully exited DCT Industrial Trust Inc. in Q3 2018, selling an estimated $202M.
- Deutsche Bank's ten largest holdings make up 13% of its $198B portfolio in Q3 2018.
- Deutsche Bank opened 379 new positions and closed 370 in Q3 2018.
- Deutsche Bank's portfolio value fell 1.5% quarter-over-quarter to $198B.
Based on Deutsche Bank's 13F filing for Q3 2018, filed 14 Nov 2018.