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 |
Broadcom
AVGO
|
+$901M |
| 2 |
Apple
AAPL
|
+$789M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$738M |
| 4 |
Microsoft
MSFT
|
+$564M |
| 5 |
Meta Platforms (Facebook)
META
|
+$455M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TE Connectivity
TEL
|
+$477M |
| 2 |
Digital Realty Trust
DLR
|
+$301M |
| 3 |
Bank of America
BAC
|
+$280M |
| 4 |
NVIDIA
NVDA
|
+$253M |
| 5 |
Starbucks
SBUX
|
+$252M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.68% |
| 2 | Healthcare | 13.15% |
| 3 | Financials | 12.05% |
| 4 | Consumer Discretionary | 8.79% |
| 5 | Communication Services | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MRSH
76
Marsh
MRSH
$94.3B
| $660M | 0.27% |
2,960,257
-497,699
| -14% | -$110M |
|
77
Agilent Technologies
A
$39.6B
| $653M | 0.27% |
4,398,352
+126,066
| +3% | +$17.3M |
|
78
S&P Global
SPGI
$124B
| $649M | 0.26% |
1,255,732
+341,886
| +37% | +$169M |
|
79
Canadian National Railway
CNI
$78.5B
| $631M | 0.26% |
5,385,003
+305,480
| +6% | +$35.6M |
|
80
Exelon
EXC
$48.1B
| $624M | 0.25% |
15,383,124
+210,151
| +1% | +$7.9M |
|
81
Vertex Pharmaceuticals
VRTX
$123B
| $611M | 0.25% |
1,312,910
-66,410
| -5% | -$31.9M |
|
82
Welltower
WELL
$174B
| $608M | 0.25% |
4,748,547
-765,421
| -14% | -$89.3M |
|
83
NiSource
NI
$21.5B
| $606M | 0.25% |
17,487,445
-465,119
| -3% | -$14.8M |
|
84
Intuitive Surgical
ISRG
$127B
| $594M | 0.24% |
1,209,085
+47,201
| +4% | +$22M |
|
85
American Express
AXP
$224B
| $581M | 0.24% |
2,143,070
+52,842
| +3% | +$13.2M |
|
86
Allstate
ALL
$70.6B
| $572M | 0.23% |
3,016,213
+146,939
| +5% | +$26.1M |
|
87
Arista Networks
ANET
$199B
| $572M | 0.23% |
5,957,648
+560,376
| +10% | +$48.8M |
|
88
Pembina Pipeline
PBA
$29.3B
| $571M | 0.23% |
13,834,289
-1,375,710
| -9% | -$53.8M |
|
89
AutoZone
AZO
$51.3B
| $563M | 0.23% |
178,786
+8,197
| +5% | +$25.2M |
|
90
SBA Communications
SBAC
$19.8B
| $548M | 0.22% |
2,277,296
-7,702
| -0.3% | -$1.71M |
|
91
Comcast
CMCSA
$87.3B
| $540M | 0.22% |
12,931,191
+996,634
| +8% | +$39.3M |
|
92
WEC Energy
WEC
$36.3B
| $534M | 0.22% |
5,549,152
+54,396
| +1% | +$4.82M |
|
93
Colgate-Palmolive
CL
$74.8B
| $530M | 0.22% |
5,106,129
-1,998,642
| -28% | -$204M |
|
94
T-Mobile US
TMUS
$195B
| $515M | 0.21% |
2,497,090
-184,022
| -7% | -$35.2M |
|
95
AT&T
T
$164B
| $508M | 0.21% |
23,087,152
+2,466,246
| +12% | +$49.1M |
|
96
Morgan Stanley
MS
$319B
| $507M | 0.21% |
4,867,141
+689,327
| +16% | +$69.4M |
|
97
GE Aerospace
GE
$364B
| $507M | 0.21% |
2,687,125
+136,091
| +5% | +$23.1M |
|
98
Simon Property Group
SPG
$76.4B
| $501M | 0.2% |
2,966,867
-222,389
| -7% | -$35.2M |
|
99
Toronto Dominion Bank
TD
$193B
| $499M | 0.2% |
7,884,844
+227,278
| +3% | +$13.4M |
|
100
Intel
INTC
$413B
| $495M | 0.2% |
21,107,542
+1,289,209
| +7% | +$32.2M |
|
Similar funds
Deutsche Bank's Q3 2024 Portfolio in Review
As of Q3 2024, Deutsche Bank held 3,676 positions worth $246B, up 11% from $222B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Deutsche Bank deployed $10.3B of net new capital in Q3 2024, opening 124 new positions and adding to 2,165 existing holdings. Its largest new stake was Smurfit Westrock: 7,992,673 shares worth $395M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 29% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Digital Realty Trust, an estimated $301M trimmed.
- Deutsche Bank's largest Q3 2024 buy was Smurfit Westrock: 7,992,673 shares worth $395M.
- Deutsche Bank added most to Broadcom in Q3 2024, an estimated $901M increase.
- Deutsche Bank's biggest Q3 2024 reduction was Digital Realty Trust, cutting an estimated $301M.
- Deutsche Bank fully exited TE Connectivity in Q3 2024, selling an estimated $477M.
- Deutsche Bank's ten largest holdings make up 26% of its $246B portfolio in Q3 2024.
- Deutsche Bank opened 124 new positions and closed 77 in Q3 2024.
- Deutsche Bank's portfolio value rose 11% quarter-over-quarter to $246B.
Based on Deutsche Bank's 13F filing for Q3 2024, filed 13 Nov 2024.