DEUTSCHE BANK AG's Q1 2026 13F is in
Form 13F-HR for the quarter ended Mar 31, 2026 · filed May 6, 2026 · 3506 reported positions · accession 0000948046-26-000023
This filing covers a somewhat different set of reporting entities than the fund's prior filing, so a few of the changes below may reflect that rather than trading.
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | ALPHABET INC (GOOGL) | 3.2% | 2.8% | −0.5 pts | −2.41M sh | −8% |
| Reduced | JPMORGAN CHASE & CO (JPM) | 1.1% | 0.8% | −0.3 pts | −1.88M sh | −18% |
| Increased | META PLATFORMS INC (META) | 1.7% | 1.6% | 0.0 pts | +962K sh | +12% |
| Increased | CORNING INC (GLW) | 0.1% | 0.2% | +0.2 pts | +2.94M sh | +141% |
| Increased | DEUTSCHE BK AG (DB) | 0.7% | 0.7% | 0.0 pts | +13.13M sh | +23% |
| Reduced | DELL TECHNOLOGIES INC (DELL) | 0.2% | 0.2% | −0.1 pts | −2.34M sh | −42% |
| Reduced | LOCKHEED MARTIN CORP (LMT) | 0.2% | 0.2% | −0.1 pts | −631K sh | −44% |
| Increased | AMAZON COM INC (AMZN) | 2.3% | 2.2% | −0.1 pts | +1.69M sh | +6% |
| Increased | LUMENTUM HLDGS INC (LITE) | 0.0% | 0.1% | +0.1 pts | +499K sh | +1105% |
| Exited | QIAGEN NV (QGEN) | 0.1% | — | −0.1 pts | −7.91M sh | −100% |
| Increased | MICROSOFT CORP (MSFT) | 5.0% | 4.0% | −1.0 pts | +881K sh | +3% |
| Increased | COHERENT CORP (COHR) | 0.0% | 0.1% | +0.1 pts | +1.36M sh | +583% |
| Increased | TARGA RES CORP (TRGP) | 0.1% | 0.2% | +0.1 pts | +1.23M sh | +97% |
| Increased | BROADCOM INC (AVGO) | 1.6% | 1.5% | 0.0 pts | +960K sh | +7% |
| Increased | EXXON MOBIL CORP (XOM) | 0.4% | 0.7% | +0.3 pts | +1.73M sh | +17% |
| Increased | SPOTIFY TECHNOLOGY S A (SPOT) | 0.3% | 0.3% | 0.0 pts | +560K sh | +38% |
| Reduced | HOME DEPOT INC (HD) | 0.4% | 0.3% | −0.1 pts | −815K sh | −23% |
| Reduced | EVERSOURCE ENERGY (ES) | 0.1% | 0.0% | −0.1 pts | −3.82M sh | −72% |
| Increased | ABBOTT LABORATORIES (ABT) | 0.5% | 0.5% | 0.0 pts | +2.51M sh | +22% |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 0.0% | 0.1% | +0.1 pts | +2.03M sh | +1568% |
| Increased | T-MOBILE US INC (TMUS) | 0.1% | 0.2% | +0.1 pts | +1.18M sh | +55% |
| Increased | BOEING CO (BA) | 0.2% | 0.2% | +0.1 pts | +1.24M sh | +52% |
| Increased | CONSOLIDATED EDISON INC (ED) | 0.1% | 0.2% | +0.1 pts | +2.18M sh | +60% |
| Reduced | ELI LILLY & CO (LLY) | 1.3% | 1.1% | −0.3 pts | −260K sh | −7% |
| Increased | CHEVRON CORPORATION (CVX) | 0.2% | 0.4% | +0.2 pts | +1.12M sh | +27% |
| Increased | ONEOK INC NEW (OKE) | 0.1% | 0.2% | +0.1 pts | +2.56M sh | +61% |
| Increased | TOTALENERGIES SE (TTE) | 0.9% | 1.3% | +0.4 pts | +2.53M sh | +6% |
| Increased | JOHNSON & JOHNSON (JNJ) | 0.9% | 1.2% | +0.3 pts | +941K sh | +7% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.5% | 0.6% | +0.1 pts | +477K sh | +15% |
| New | QIAGEN NV (QGENZZZZ) | — | 0.1% | +0.1 pts | +5.6M sh | new |
| Increased | GE AEROSPACE (GE) | 0.3% | 0.3% | +0.1 pts | +745K sh | +27% |
| Increased | BOOKING HOLDINGS INC (BKNG) | 0.5% | 0.5% | 0.0 pts | +49,921 sh | +17% |
| Reduced | TAIWAN SEMICONDUCTOR MANUFAC (TSM) | 0.2% | 0.2% | 0.0 pts | −587K sh | −26% |
| Reduced | SBA COMMUNICATIONS CORP (SBAC) | 0.1% | 0.0% | −0.1 pts | −1.11M sh | −70% |
| Reduced | EXPEDIA GROUP INC (EXPE) | 0.1% | 0.0% | −0.1 pts | −804K sh | −63% |
| Reduced | CANADIAN NATL RY CO (CNI) | 0.3% | 0.2% | 0.0 pts | −1.79M sh | −20% |
| Increased | PROCTER & GAMBLE CO (PG) | 0.4% | 0.4% | +0.1 pts | +1.27M sh | +16% |
| Reduced | ISHARES TR (LQD) | 0.1% | 0.0% | −0.1 pts | −1.63M sh | −93% |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 0.6% | 0.6% | −0.1 pts | −866K sh | −9% |
| Increased | GE VERNOVA INC (GEV) | 0.1% | 0.2% | +0.1 pts | +196K sh | +35% |
| Increased | NETFLIX INC. (NFLX) | 0.5% | 0.6% | +0.1 pts | +1.77M sh | +11% |
| Reduced | PAYPAL HLDGS INC (PYPL) | 0.1% | 0.1% | −0.1 pts | −3.7M sh | −47% |
| Reduced | F5 INC (FFIV) | 0.1% | 0.0% | 0.0 pts | −553K sh | −58% |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.2% | 0.2% | 0.0 pts | +991K sh | +28% |
| Increased | CONSTELLATION ENERGY CORP (CEG) | 0.1% | 0.1% | 0.0 pts | +558K sh | +83% |
| Reduced | INTUIT (INTU) | 0.3% | 0.2% | −0.2 pts | −353K sh | −22% |
| Reduced | LINDE PLC (LIN) | 0.5% | 0.6% | 0.0 pts | −304K sh | −8% |
| Reduced | WALMART INC (WMT) | 0.5% | 0.5% | 0.0 pts | −1.21M sh | −9% |
| Increased | AMERICAN TOWER CORP (AMT) | 0.4% | 0.4% | 0.0 pts | +860K sh | +12% |
| Reduced | RIO TINTO PLC (RIO) | 0.1% | 0.0% | 0.0 pts | −1.58M sh | −71% |
The 50 largest of 3,362 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:
- STIFEL FINL CORP (SF): 76,088 shares as filed last quarter, 114K after adjustment → 186K now (prior share count adjusted for a stock split)
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- CLEARSIGN TECHNOLOGIES CORP (CLIR): 185064102 → 185064201, 4,000 → 400 shares (share count change consistent with a stock split)
- ASTRAZENECA PLC (AZN): 046353108 → G0593M107, 531K → 12.13M shares (share count changed with the identifier; not shown as a trade)
- ATRIUM THERAPEUTICS INC (RNA): 05370A108 → 04965N104, 167K → 10,019 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 25.3% of the equity book
Changes in the top 10 this quarter: TTE entered · JNJ entered · LLY left · TSLA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | NVIDIA CORPORATION (NVDA) | 5.5% | 5.2% | |
| 2 | MICROSOFT CORP (MSFT) | 5.0% | 4.0% | |
| 3 | APPLE INC (AAPL) | 4.1% | 3.9% | |
| 4 | ALPHABET INC (GOOGL) | 3.2% | 2.8% | |
| 5 | AMAZON COM INC (AMZN) | 2.3% | 2.2% | |
| 6 | META PLATFORMS INC (META) | 1.7% | 1.6% | |
| 7 | ALPHABET INC (GOOG) | 1.7% | 1.6% | |
| 8 | BROADCOM INC (AVGO) | 1.6% | 1.5% | |
| 9 | TOTALENERGIES SE (TTE) | 0.9% | 1.3% | Entered the top 10 |
| 10 | JOHNSON & JOHNSON (JNJ) | 0.9% | 1.2% | Entered the top 10 |
| — | ELI LILLY & CO (LLY) | 1.3% | 1.1% | Left the top 10 |
| — | TESLA INC (TSLA) | 1.2% | 1.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | SOUTHWEST AIRLS CO (LUV) | Call | 0 | 500K | $18.8M |
| New | EDWARDS LIFESCIENCES CORP (EW) | Put | 0 | 131K | $10.5M |
| New | CLOUDFLARE INC (NET) | Call | 0 | 50,000 | $10.3M |
| Exited | AST SPACEMOBILE INC (ASTS) | Put | 124K | 0 | $0 |
| New | CLOUDFLARE INC (NET) | Put | 0 | 31,700 | $6.54M |
| Exited | CINEMARK HLDGS INC (CNK) | Call | 250K | 0 | $0 |
| Exited | PROCTER AND GAMBLE CO (PG) | Put | 37,500 | 0 | $0 |
| Exited | JD.COM INC (JD 0.25 06/01/29) | Put | 4.86M | 0 | $0 |
| New | SALESFORCE INC (CRM) | Put | 0 | 25,200 | $4.7M |
| Reduced | ECHOSTAR CORP (SATS) | Put | 300K | 240K | $28M |
| Exited | PENGUIN SOLUTIONS INC (PENG) | Call | 227K | 0 | $0 |
| New | HOWMET AEROSPACE INC (HWM) | Put | 0 | 17,000 | $3.92M |
| New | AUTODESK INC (ADSK) | Put | 0 | 15,700 | $3.76M |
| Exited | BREAD FINANCIAL HOLDINGS INC (BFH) | Put | 50,000 | 0 | $0 |
| New | SERVICENOW INC (NOW) | Put | 0 | 33,900 | $3.54M |
| Exited | WELLTOWER INC (WELL) | Put | 19,000 | 0 | $0 |
| New | BOOKING HOLDINGS INC (BKNG) | Put | 0 | 800 | $3.37M |
| New | DELL TECHNOLOGIES INC (DELL) | Put | 0 | 19,000 | $3.12M |
| New | JOHNSON CONTROLS INTERNATION (JCI) | Put | 0 | 22,000 | $2.88M |
| Exited | NEWMONT CORP (NEM) | Put | 23,000 | 0 | $0 |
| Increased | GLOBAL PMTS INC (GPN) | Call | 58,000 | 100K | $6.73M |
| Exited | APPLE INC (AAPL) | Put | 8,100 | 0 | $0 |
| Exited | STELLANTIS N.V (STLA) | Call | 195K | 0 | $0 |
| Exited | KKR & CO INC (KKR) | Put | 16,500 | 0 | $0 |
| Exited | FORD MTR CO (F) | Call | 150K | 0 | $0 |