Filed: 5/9/2025ACC: 0000948046-25-000065
📋 What this filing means
DEUTSCHE BANK AG\ filed this quarterly 13F‑HR report disclosing 3566 equity positions with a total reported market value of $252.35B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
3566
Positions
$252.35B
Total AUM (reported)
3.04B
Total Shares
Allocation by class
COM$189.75B75.2%
CL A$14.84B5.9%
SHS$7.79B3.1%
CAP STK CL A$6.15B2.4%
COM NEW$5.77B2.3%
COM CL A$4.63B1.8%
CAP STK CL C$3.33B1.3%
Portfolio Concentration
Top 3$31.81B12.6%
4–10$28.97B11.5%
11–25$29.00B11.5%
Rest$162.57B64.4%
Top 3 weight
12.6%
Top 10 weight
24.1%
Voting Authority Distribution
Total shares with voting rights: 3.04B
Sole
Full voting authority
1.17B
shares
% of voting shares38.4%
Shared
Joint voting authority
8.53M
shares
% of voting shares0.3%
None
No voting authority
1.86B
shares
% of voting shares61.3%
Investment Discretion (by position count)
Sole197
Shared0
Other3369
Dominant voting typeNone · 61.3% of voting shares
Institutional Holdings3566
Rows:
MICROSOFT CORP
DFNDShares32.01M
TypeSH
Market value$12.02B
4.76%
Sole
10.33M
Shared
322K
None
21.36M
APPLE INC
DFNDShares47.51M
TypeSH
Market value$10.55B
4.18%
Sole
12.26M
Shared
242.37K
None
35.01M
NVIDIA CORPORATION
DFNDShares85.30M
TypeSH
Market value$9.25B
3.66%
Sole
21.67M
Shared
126.43K
None
63.51M
ALPHABET INC
DFNDShares39.79M
TypeSH
Market value$6.15B
2.44%
Sole
21.82M
Shared
594.35K
None
17.38M
AMAZON COM INC
DFNDShares29.79M
TypeSH
Market value$5.67B
2.25%
Sole
8.91M
Shared
318.36K
None
20.55M
META PLATFORMS INC
DFNDShares8.23M
TypeSH
Market value$4.75B
1.88%
Sole
3.67M
Shared
19.03K
None
4.54M
VISA INC
DFNDShares9.57M
TypeSH
Market value$3.35B
1.33%
Sole
4.73M
Shared
52.87K
None
4.79M
ALPHABET INC
SOLEShares21.35M
TypeSH
Market value$3.33B
1.32%
Sole
7.39M
Shared
16.34K
None
13.94M
ELI LILLY & CO
DFNDShares3.50M
TypeSH
Market value$2.89B
1.15%
Sole
559.50K
Shared
125.76K
None
2.82M
UNITEDHEALTH GROUP INC
DFNDShares5.39M
TypeSH
Market value$2.82B
1.12%
Sole
3.10M
Shared
19.47K
None
2.26M
JPMORGAN CHASE & CO.
DFNDShares10.94M
TypeSH
Market value$2.68B
1.06%
Sole
3.75M
Shared
532.23K
None
6.65M
BROADCOM INC
DFNDShares15.76M
TypeSH
Market value$2.64B
1.05%
Sole
2.80M
Shared
577.68K
None
12.38M
TESLA INC
DFNDShares10.08M
TypeSH
Market value$2.61B
1.03%
Sole
1.28M
Shared
3.13K
None
8.79M
JOHNSON & JOHNSON
DFNDShares15.30M
TypeSH
Market value$2.54B
1.01%
Sole
6.97M
Shared
7.85K
None
8.32M
BANK AMERICA CORP
DFNDShares48.11M
TypeSH
Market value$2.01B
0.80%
Sole
21.65M
Shared
61.70K
None
26.40M
ABBVIE INC
DFNDShares9.23M
TypeSH
Market value$1.93B
0.77%
Sole
5.46M
Shared
15.82K
None
3.75M
BERKSHIRE HATHAWAY INC DEL
DFNDShares3.39M
TypeSH
Market value$1.81B
0.72%
Sole
284.15K
Shared
0.00
None
3.11M
MERCK & CO INC
DFNDShares19.17M
TypeSH
Market value$1.72B
0.68%
Sole
10.89M
Shared
18.05K
None
8.26M
MEDTRONIC PLC
DFNDShares19.01M
TypeSH
Market value$1.71B
0.68%
Sole
15.14M
Shared
20.49K
None
3.85M
MASTERCARD INCORPORATED
SOLEShares3.04M
TypeSH
Market value$1.67B
0.66%
Sole
803.25K
Shared
147.00
None
2.24M
AMERICAN TOWER CORP NEW
DFNDShares7.38M
TypeSH
Market value$1.61B
0.64%
Sole
3.01M
Shared
0.00
None
4.37M
ENBRIDGE INC
DFNDShares35.42M
TypeSH
Market value$1.57B
0.62%
Sole
23.38M
Shared
0.00
None
12.04M
HOME DEPOT INC
DFNDShares4.23M
TypeSH
Market value$1.55B
0.61%
Sole
1.10M
Shared
179.13K
None
2.96M
ABBOTT LABS
DFNDShares11.28M
TypeSH
Market value$1.50B
0.59%
Sole
7.81M
Shared
53.27K
None
3.41M
PROGRESSIVE CORP
DFNDShares5.16M
TypeSH
Market value$1.46B
0.58%
Sole
3.59M
Shared
10K
None
1.57M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPDFND | COM | 32.01M | SH | $12.02B 4.76% | 10.33M | 322K | 21.36M |
APPLE INCDFND | COM | 47.51M | SH | $10.55B 4.18% | 12.26M | 242.37K | 35.01M |
NVIDIA CORPORATIONDFND | COM | 85.30M | SH | $9.25B 3.66% | 21.67M | 126.43K | 63.51M |
ALPHABET INCDFND | CAP STK CL A | 39.79M | SH | $6.15B 2.44% | 21.82M | 594.35K | 17.38M |
AMAZON COM INCDFND | COM | 29.79M | SH | $5.67B 2.25% | 8.91M | 318.36K | 20.55M |
META PLATFORMS INCDFND | CL A | 8.23M | SH | $4.75B 1.88% | 3.67M | 19.03K | 4.54M |
VISA INCDFND | COM CL A | 9.57M | SH | $3.35B 1.33% | 4.73M | 52.87K | 4.79M |
ALPHABET INCSOLE | CAP STK CL C | 21.35M | SH | $3.33B 1.32% | 7.39M | 16.34K | 13.94M |
ELI LILLY & CODFND | COM | 3.50M | SH | $2.89B 1.15% | 559.50K | 125.76K | 2.82M |
UNITEDHEALTH GROUP INCDFND | COM | 5.39M | SH | $2.82B 1.12% | 3.10M | 19.47K | 2.26M |
JPMORGAN CHASE & CO.DFND | COM | 10.94M | SH | $2.68B 1.06% | 3.75M | 532.23K | 6.65M |
BROADCOM INCDFND | COM | 15.76M | SH | $2.64B 1.05% | 2.80M | 577.68K | 12.38M |
TESLA INCDFND | COM | 10.08M | SH | $2.61B 1.03% | 1.28M | 3.13K | 8.79M |
JOHNSON & JOHNSONDFND | COM | 15.30M | SH | $2.54B 1.01% | 6.97M | 7.85K | 8.32M |
BANK AMERICA CORPDFND | COM | 48.11M | SH | $2.01B 0.80% | 21.65M | 61.70K | 26.40M |
ABBVIE INCDFND | COM | 9.23M | SH | $1.93B 0.77% | 5.46M | 15.82K | 3.75M |
BERKSHIRE HATHAWAY INC DELDFND | CL B NEW | 3.39M | SH | $1.81B 0.72% | 284.15K | 0.00 | 3.11M |
MERCK & CO INCDFND | COM | 19.17M | SH | $1.72B 0.68% | 10.89M | 18.05K | 8.26M |
MEDTRONIC PLCDFND | SHS | 19.01M | SH | $1.71B 0.68% | 15.14M | 20.49K | 3.85M |
MASTERCARD INCORPORATEDSOLE | CL A | 3.04M | SH | $1.67B 0.66% | 803.25K | 147.00 | 2.24M |
AMERICAN TOWER CORP NEWDFND | COM | 7.38M | SH | $1.61B 0.64% | 3.01M | 0.00 | 4.37M |
ENBRIDGE INCDFND | COM | 35.42M | SH | $1.57B 0.62% | 23.38M | 0.00 | 12.04M |
HOME DEPOT INCDFND | COM | 4.23M | SH | $1.55B 0.61% | 1.10M | 179.13K | 2.96M |
ABBOTT LABSDFND | COM | 11.28M | SH | $1.50B 0.59% | 7.81M | 53.27K | 3.41M |
PROGRESSIVE CORPDFND | COM | 5.16M | SH | $1.46B 0.58% | 3.59M | 10K | 1.57M |
Page 1 of 143
…