Filed: 8/12/2025ACC: 0000948046-25-000112
📋 What this filing means
DEUTSCHE BANK AG\ filed this quarterly 13F‑HR report disclosing 3588 equity positions with a total reported market value of $271.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
3588
Positions
$271.58B
Total AUM (reported)
3.04B
Total Shares
Allocation by class
COM$201.77B74.3%
CL A$17.24B6.3%
SHS$8.50B3.1%
COM NEW$6.97B2.6%
CAP STK CL A$6.80B2.5%
COM CL A$4.89B1.8%
CAP STK CL C$4.12B1.5%
Portfolio Concentration
Top 3$39.50B14.5%
4–10$33.97B12.5%
11–25$27.94B10.3%
Rest$170.17B62.7%
Top 3 weight
14.5%
Top 10 weight
27.1%
Voting Authority Distribution
Total shares with voting rights: 3.04B
Sole
Full voting authority
1.22B
shares
% of voting shares40.1%
Shared
Joint voting authority
7.25M
shares
% of voting shares0.2%
None
No voting authority
1.82B
shares
% of voting shares59.7%
Investment Discretion (by position count)
Sole47
Shared0
Other3541
Dominant voting typeNone · 59.7% of voting shares
Institutional Holdings3588
Rows:
MICROSOFT CORP
DFNDShares31.01M
TypeSH
Market value$15.42B
5.68%
Sole
9.83M
Shared
321.16K
None
20.86M
NVIDIA CORPORATION
DFNDShares87.76M
TypeSH
Market value$13.87B
5.11%
Sole
23.49M
Shared
136.69K
None
64.14M
APPLE INC
DFNDShares49.79M
TypeSH
Market value$10.22B
3.76%
Sole
11.30M
Shared
258.02K
None
38.23M
ALPHABET INC
DFNDShares38.60M
TypeSH
Market value$6.80B
2.50%
Sole
20.32M
Shared
594.82K
None
17.69M
AMAZON COM INC
DFNDShares29.71M
TypeSH
Market value$6.52B
2.40%
Sole
8.71M
Shared
323.88K
None
20.68M
META PLATFORMS INC
DFNDShares8.29M
TypeSH
Market value$6.12B
2.25%
Sole
3.96M
Shared
21.06K
None
4.31M
ALPHABET INC
DFNDShares23.21M
TypeSH
Market value$4.12B
1.52%
Sole
6.49M
Shared
16.57K
None
16.70M
BROADCOM INC
DFNDShares14.52M
TypeSH
Market value$4.00B
1.47%
Sole
2.71M
Shared
314.14K
None
11.50M
TESLA INC
DFNDShares10.28M
TypeSH
Market value$3.26B
1.20%
Sole
1.14M
Shared
125.00
None
9.13M
VISA INC
DFNDShares8.86M
TypeSH
Market value$3.15B
1.16%
Sole
4.29M
Shared
51.73K
None
4.51M
JPMORGAN CHASE & CO.
DFNDShares9.96M
TypeSH
Market value$2.89B
1.06%
Sole
3.39M
Shared
528.29K
None
6.04M
ELI LILLY & CO
DFNDShares3.50M
TypeSH
Market value$2.73B
1.01%
Sole
551.31K
Shared
126.88K
None
2.82M
JOHNSON & JOHNSON
DFNDShares15.85M
TypeSH
Market value$2.42B
0.89%
Sole
7.16M
Shared
7.65K
None
8.68M
BANK AMERICA CORP
DFNDShares41.60M
TypeSH
Market value$1.97B
0.72%
Sole
21.64M
Shared
63.40K
None
19.89M
DEUTSCHE BANK A G
DFNDShares64.15M
TypeSH
Market value$1.88B
0.69%
Sole
47.89M
Shared
60.78K
None
16.19M
NETFLIX INC
DFNDShares1.33M
TypeSH
Market value$1.78B
0.66%
Sole
312.15K
Shared
215.00
None
1.02M
ABBVIE INC
DFNDShares9.18M
TypeSH
Market value$1.70B
0.63%
Sole
5.27M
Shared
15.82K
None
3.90M
BOOKING HOLDINGS INC
DFNDShares289.42K
TypeSH
Market value$1.68B
0.62%
Sole
217.72K
Shared
1.17K
None
70.53K
MEDTRONIC PLC
DFNDShares18.99M
TypeSH
Market value$1.66B
0.61%
Sole
15.03M
Shared
19.59K
None
3.94M
ENBRIDGE INC
DFNDShares36.49M
TypeSH
Market value$1.65B
0.61%
Sole
24.16M
Shared
0.00
None
12.33M
AMERICAN TOWER CORP NEW
DFNDShares7.17M
TypeSH
Market value$1.58B
0.58%
Sole
3.08M
Shared
0.00
None
4.09M
MASTERCARD INCORPORATED
DFNDShares2.80M
TypeSH
Market value$1.57B
0.58%
Sole
890.15K
Shared
162.00
None
1.91M
ABBOTT LABS
DFNDShares11.01M
TypeSH
Market value$1.50B
0.55%
Sole
7.38M
Shared
15.18K
None
3.62M
HOME DEPOT INC
DFNDShares4.07M
TypeSH
Market value$1.49B
0.55%
Sole
957.69K
Shared
166.25K
None
2.95M
ADOBE INC
DFNDShares3.73M
TypeSH
Market value$1.44B
0.53%
Sole
1.70M
Shared
12.53K
None
2.02M
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPDFND | COM | 31.01M | SH | $15.42B 5.68% | 9.83M | 321.16K | 20.86M |
NVIDIA CORPORATIONDFND | COM | 87.76M | SH | $13.87B 5.11% | 23.49M | 136.69K | 64.14M |
APPLE INCDFND | COM | 49.79M | SH | $10.22B 3.76% | 11.30M | 258.02K | 38.23M |
ALPHABET INCDFND | CAP STK CL A | 38.60M | SH | $6.80B 2.50% | 20.32M | 594.82K | 17.69M |
AMAZON COM INCDFND | COM | 29.71M | SH | $6.52B 2.40% | 8.71M | 323.88K | 20.68M |
META PLATFORMS INCDFND | CL A | 8.29M | SH | $6.12B 2.25% | 3.96M | 21.06K | 4.31M |
ALPHABET INCDFND | CAP STK CL C | 23.21M | SH | $4.12B 1.52% | 6.49M | 16.57K | 16.70M |
BROADCOM INCDFND | COM | 14.52M | SH | $4.00B 1.47% | 2.71M | 314.14K | 11.50M |
TESLA INCDFND | COM | 10.28M | SH | $3.26B 1.20% | 1.14M | 125.00 | 9.13M |
VISA INCDFND | COM CL A | 8.86M | SH | $3.15B 1.16% | 4.29M | 51.73K | 4.51M |
JPMORGAN CHASE & CO.DFND | COM | 9.96M | SH | $2.89B 1.06% | 3.39M | 528.29K | 6.04M |
ELI LILLY & CODFND | COM | 3.50M | SH | $2.73B 1.01% | 551.31K | 126.88K | 2.82M |
JOHNSON & JOHNSONDFND | COM | 15.85M | SH | $2.42B 0.89% | 7.16M | 7.65K | 8.68M |
BANK AMERICA CORPDFND | COM | 41.60M | SH | $1.97B 0.72% | 21.64M | 63.40K | 19.89M |
DEUTSCHE BANK A GDFND | NAMEN AKT | 64.15M | SH | $1.88B 0.69% | 47.89M | 60.78K | 16.19M |
NETFLIX INCDFND | COM | 1.33M | SH | $1.78B 0.66% | 312.15K | 215.00 | 1.02M |
ABBVIE INCDFND | COM | 9.18M | SH | $1.70B 0.63% | 5.27M | 15.82K | 3.90M |
BOOKING HOLDINGS INCDFND | COM | 289.42K | SH | $1.68B 0.62% | 217.72K | 1.17K | 70.53K |
MEDTRONIC PLCDFND | SHS | 18.99M | SH | $1.66B 0.61% | 15.03M | 19.59K | 3.94M |
ENBRIDGE INCDFND | COM | 36.49M | SH | $1.65B 0.61% | 24.16M | 0.00 | 12.33M |
AMERICAN TOWER CORP NEWDFND | COM | 7.17M | SH | $1.58B 0.58% | 3.08M | 0.00 | 4.09M |
MASTERCARD INCORPORATEDDFND | CL A | 2.80M | SH | $1.57B 0.58% | 890.15K | 162.00 | 1.91M |
ABBOTT LABSDFND | COM | 11.01M | SH | $1.50B 0.55% | 7.38M | 15.18K | 3.62M |
HOME DEPOT INCDFND | COM | 4.07M | SH | $1.49B 0.55% | 957.69K | 166.25K | 2.95M |
ADOBE INCDFND | COM | 3.73M | SH | $1.44B 0.53% | 1.70M | 12.53K | 2.02M |
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