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 | |
|---|---|---|---|---|---|---|
2126
Nu Skin
NUS
$253M
| $495K | ﹤0.01% |
23,343
+3,021
| +15% | +$78.5K |
|
|
REFI
2127
Chicago Atlantic Real Estate Finance
REFI
$252M
| $493K | ﹤0.01% |
33,506
-6,366
| -16% | -$96.2K |
|
|
LGF.B
2128
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $492K | ﹤0.01% |
62,566
+7,506
| +14% | +$56.5K |
|
2129
Claros Mortgage Trust
CMTG
$240M
| $492K | ﹤0.01% |
44,383
+5,810
| +15% | +$66.2K |
|
2130
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $492K | ﹤0.01% |
4,345
-8,290
| -66% | -$948K |
|
2131
LivePerson
LPSN
$26.1M
| $491K | ﹤0.01% |
8,411
-687
| -8% | -$45.2K |
|
2132
GCM Grosvenor
GCMG
$811M
| $490K | ﹤0.01% |
63,170
+1,825
| +3% | +$14.2K |
|
|
HOUS
2133
DELISTED
Anywhere Real Estate
HOUS
| $485K | ﹤0.01% |
75,371
+6,628
| +10% | +$48.2K |
|
2134
Pulmonx
LUNG
$83.6M
| $484K | ﹤0.01% |
46,868
-490,932
| -91% | -$5.69M |
|
2135
OneSpaWorld
OSW
$2.7B
| $484K | ﹤0.01% |
43,118
+5,973
| +16% | +$69.6K |
|
2136
National Bank Holdings
NBHC
$1.93B
| $483K | ﹤0.01% |
16,226
+2,303
| +17% | +$73.8K |
|
2137
Nuveen Credit Strategies Income Fund
JQC
$708M
| $483K | ﹤0.01% |
95,370
| – | – |
|
2138
Arcus Biosciences
RCUS
$3.48B
| $482K | ﹤0.01% |
26,854
+3,380
| +14% | +$67.9K |
|
|
NWLI
2139
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $481K | ﹤0.01% |
1,099
+159
| +17% | +$69.9K |
|
2140
Invesco Dividend Achievers ETF
PFM
$805M
| $481K | ﹤0.01% |
13,158
| – | – |
|
2141
TriCo Bancshares
TCBK
$1.85B
| $481K | ﹤0.01% |
15,005
+2,176
| +17% | +$76.2K |
|
2142
iShares US Real Estate ETF
IYR
$4.67B
| $481K | ﹤0.01% |
6,150
| – | – |
|
|
VTLE
2143
DELISTED
Vital Energy
VTLE
| $480K | ﹤0.01% |
8,661
+1,648
| +23% | +$88.5K |
|
|
VBTX
2144
DELISTED
Veritex Holdings
VBTX
| $479K | ﹤0.01% |
26,672
-150,577
| -85% | -$2.9M |
|
2145
Shutterstock
SSTK
$229M
| $477K | ﹤0.01% |
12,542
+1,101
| +10% | +$49.3K |
|
2146
10x Genomics
TXG
$6.03B
| $475K | ﹤0.01% |
11,515
+25
| +0.2% | +$1.3K |
|
2147
BioAtla
BCAB
$5.53M
| $475K | ﹤0.01% |
5,582
-8,266
| -60% | -$1.05M |
|
|
PDM
2148
Piedmont Realty Trust
PDM
$1.21B
| $473K | ﹤0.01% |
84,203
-244,381
| -74% | -$1.68M |
|
2149
Monarch Casino & Resort
MCRI
$2.18B
| $473K | ﹤0.01% |
7,618
+843
| +12% | +$56.8K |
|
|
DMC
2150
Del Monte Corp
DMC
$1.4B
| $473K | ﹤0.01% |
18,298
-21,751
| -54% | -$569K |
|
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 252 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 252 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.