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Deutsche Bank Aktiengesellschaft

DB
Exchange
NYSE
Industry
State Commercial Banks
SEC CIK
0001159508

No open-market purchases or sales by Deutsche Bank Aktiengesellschaft insiders were filed in the last 90 days; 508 institutions reported holding it in 13F filings for Q2 2026, worth $23.7B in total; superinvestors Viking Global Investors and Maverick Capital hold it.

Other share classesDGPDGZDZZADZCFDEENFOLOXF

13F holders, Q4 2025

Institutional positions in Deutsche Bank Aktiengesellschaft as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
493
+68 vs. Q3 2025
Shares held
640.6M
−47.7M (−6.9%) vs. Q3 2025
Total value
$24.6B
+$486.3M (+2.0%) vs. Q3 2025
New holders
108
184 more added
Sold out
40
133 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 493 institutions
Q1 2021: 226 institutionsQ2 2021: 243 institutionsQ3 2021: 231 institutionsQ4 2021: 235 institutionsQ1 2022: 242 institutionsQ2 2022: 239 institutionsQ3 2022: 224 institutionsQ4 2022: 225 institutionsQ1 2023: 247 institutionsQ2 2023: 248 institutionsQ3 2023: 246 institutionsQ4 2023: 269 institutionsQ1 2024: 268 institutionsQ2 2024: 293 institutionsQ3 2024: 297 institutionsQ4 2024: 316 institutionsQ1 2025: 353 institutionsQ2 2025: 419 institutionsQ3 2025: 432 institutionsQ4 2025: 493 institutionsQ1 2026: 476 institutionsQ2 2026: 508 institutions
Value heldQ4 2025: $24.6B
Q1 2021: $6.80BQ2 2021: $7.50BQ3 2021: $7.01BQ4 2021: $7.60BQ1 2022: $8.14BQ2 2022: $4.75BQ3 2022: $4.17BQ4 2022: $6.48BQ1 2023: $5.27BQ2 2023: $4.94BQ3 2023: $5.59BQ4 2023: $7.88BQ1 2024: $9.09BQ2 2024: $9.11BQ3 2024: $10.3BQ4 2024: $10.4BQ1 2025: $14.6BQ2 2025: $19.4BQ3 2025: $24.2BQ4 2025: $24.6BQ1 2026: $19.3BQ2 2026: $23.7B
Institutions holding DB and their total value by quarter
QuarterHoldersValue
Q2 2026508$23.7B
Q1 2026476$19.3B
Q4 2025493$24.6B
Q3 2025432$24.2B
Q2 2025419$19.4B
Q1 2025353$14.6B
Q4 2024316$10.4B
Q3 2024297$10.3B
Q2 2024293$9.11B
Q1 2024268$9.09B
Q4 2023269$7.88B
Q3 2023246$5.59B
Q2 2023248$4.94B
Q1 2023247$5.27B
Q4 2022225$6.48B
Q3 2022224$4.17B
Q2 2022239$4.75B
Q1 2022242$8.14B
Q4 2021235$7.60B
Q3 2021231$7.01B
Q2 2021243$7.50B
Q1 2021226$6.80B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Deutsche Bank Aktiengesellschaft; share changes are against Q3 2025.

Institutions holding DB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc80,119,806$3.09B0.04%+1,051,072+1.3%Added
Capital International Investors66,506,600$2.59B0.41%−16,033,935−19.4%Reduced
Deutsche Bank AG56,750,099$2.19B0.71%−29,218,944−34.0%Reduced
Amundi53,920,096$2.08B0.56%+4,323,093+8.7%Added
UBS Group AG31,268,175$1.21B0.24%+1,313,151+4.4%Added
Fisher Asset Management, LLC27,398,661$1.06B0.36%+966,655+3.7%Added
Acadian Asset Management LLC19,876,273$772.9M1.27%+1,086,248+5.8%Added
DekaBank Deutsche Girozentrale17,786,599$704.4M1.32%−2,297,121−11.4%Reduced
Goldman Sachs Group Inc16,725,910$645.0M0.09%−736,232−4.2%Reduced
Legal & General Group Plc14,664,607$570.3M0.13%+332,004+2.3%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main14,619,298$564.6M0.50%+334,022+2.3%Added
Causeway Capital Management LLC14,194,354$551.7M7.59%−3,424,411−19.4%Reduced
Norges Bank13,705,195$532.4M0.06%+13,705,195New
FMR LLC12,519,558$487.1M0.02%+499,053+4.2%Added
Bank of America Corp11,700,990$451.2M0.03%−665,895−5.4%Reduced
Franklin Resources Inc8,933,075$343.7M0.08%−1,016,684−10.2%Reduced
Entrust Global Partners L L C12,145,573$342.4M69.46%−1,293,341−9.6%Reduced
AQR Capital Management LLC7,969,257$309.5M0.16%+7,687,841+2,731.8%Added
JPMorgan Chase & Co7,293,341$281.2M0.02%−4,476,325−38.0%Reduced
Janus Henderson Group PLC6,938,180$271.0M0.12%−1,739,152−20.0%Reduced
Citigroup Inc5,960,521$231.8M0.16%+2,038,388+52.0%Added
Credit Agricole S A5,995,534$231.2M0.64%−706,974−10.5%Reduced
Liontrust Investment Partners LLP5,702,338$221.7M3.29%+439,079+8.3%Added
Marshall Wace, LLP5,518,473$214.4M0.21%+5,330,513+2,836.0%Added
Morgan Stanley4,693,952$181.0M0.01%+146,733+3.2%Added
Invesco Ltd.4,289,794$165.4M0.02%+843,170+24.5%Added
Caisse de Depot Et Placement du Quebec4,128,475$160.5M0.27%+2,106,594+104.2%Added
Banco Santander, S.A.4,068,622$156.9M1.17%+184,200+4.7%Added
Grantham, Mayo, Van Otterloo & Co. LLC3,822,714$148.7M0.38%−393,448−9.3%Reduced
Artemis Investment Management LLP3,663,603$142.3M1.72%+745,426+25.5%Added
Nuveen, LLC3,503,238$136.2M0.04%−59,320−1.7%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.4,092,647$135.5M0.16%+4,092,647New
Commerzbank Aktiengesellschaft3,258,795$125.7M2.56%+133,218+4.3%Added
Appaloosa LPSuperinvestorAppaloosa3,150,000$121.5M1.77%−640,000−16.9%Reduced
Russell Investments Group, Ltd.3,122,270$121.4M0.13%−165,480−5.0%Reduced
Bank of New York Mellon Corp3,142,981$121.2M0.02%−18,995−0.6%Reduced
Capital International Inc3,091,176$120.3M0.95%−1,975,175−39.0%Reduced
Canada Pension Plan Investment Board2,871,076$111.5M0.07%+867,613+43.3%Added
Manufacturers Life Insurance Company, The2,779,904$108.1M0.09%+72,751+2.7%Added
Allianz Asset Management GmbH2,460,331$95.7M0.11%+360,923+17.2%Added
Aviva PLC2,091,968$81.3M0.14%+68,585+3.4%Added
Northern Trust Corp2,083,155$80.3M0.01%+5,580+0.3%Added
BlackRock, Inc.1,988,144$76.7M0.00%−18,781−0.9%Reduced
Royal Bank of Canada1,849,265$71.3M0.01%−58,771−3.1%Reduced
Korea Investment CORP1,816,547$70.6M0.14%−698,363−27.8%Reduced
Jane Street Group, LLC1,817,598$70.1M0.08%−435,474−19.3%Reduced
Lazard Asset Management LLC1,737,872$67.5M0.11%+367,865+26.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)1,632,150$63.5M0.14%+16,593+1.0%Added
Pictet Asset Management Holding SA1,578,952$61.4M0.06%+204,671+14.9%Added
Capital International Sarl1,559,237$60.6M0.97%−4,979−0.3%Reduced
Public Sector Pension Investment Board1,432,217$55.6M0.19%−166,611−10.4%Reduced
Groupe la Francaise1,291,643$50.2M0.73%+508,263+64.9%Added
Edmond de Rothschild Holding S.A.1,229,612$47.8M0.68%+6,521+0.5%Added
Public Employees Retirement System of Ohio1,185,994$46.1M0.14%+21,976+1.9%Added
Moore Capital Management, LP1,177,988$45.8M0.93%+545,987+86.4%Added
Millennium Management LLC1,153,101$44.5M0.03%+192,257+20.0%Added
American Century Companies Inc1,129,857$43.6M0.02%−43,229−3.7%Reduced
Wells Fargo & Company1,116,240$43.0M0.01%+29,565+2.7%Added
Bank of Montreal1,066,295$41.4M0.02%+46,184+4.5%Added
Intech Investment Management LLC980,976$38.1M0.34%−285,989−22.6%Reduced
Envestnet Asset Management Inc857,485$33.1M0.01%−83,244−8.8%Reduced
Point72 Asset Management, L.P.800,643$30.9M0.05%+800,643New
Capital International Ltd791,389$30.8M1.09%−52,768−6.3%Reduced
State of Wisconsin Investment Board767,538$29.8M0.07%+767,538New
HSBC Holdings PLC739,050$28.7M0.02%−457,457−38.2%Reduced
Raymond James Financial Inc745,191$28.7M0.01%+7,182+1.0%Added
Lansforsakringar Fondforvaltning AB (publ)739,012$28.7M0.14%+1710.0%Added
Mutual of America Capital Management LLC715,593$27.8M0.29%00.0%Unchanged
TD Asset Management Inc661,394$25.7M0.02%−3,040−0.5%Reduced
Capital Group Private Client Services, Inc.660,092$25.7M0.41%−64,614−8.9%Reduced
Alliancebernstein L.P.664,920$25.6M0.01%−98,844−12.9%Reduced
Citadel Advisors LLC648,564$25.0M0.02%−72,855−10.1%Reduced
Compagnie Lombard Odier SCmA629,334$24.5M0.27%+59,925+10.5%Added
Zurich Insurance Group Ltd590,902$23.0M0.16%+99,724+20.3%Added
Quantinno Capital Management LP590,425$22.8M0.05%+101,971+20.9%Added
O'Shaughnessy Asset Management, LLC574,990$22.2M0.12%−12,912−2.2%Reduced
Martin Investment Management, LLC525,950$20.3M5.67%+525,950New
Landesbank Baden-Wuerttemberg499,628$19.5M3.57%+499,628New
Intesa Sanpaolo S.p.A.498,995$19.4M1.25%+498,995New
Philadelphia Financial Management of San Francisco, LLC436,262$16.8M3.48%+20,300+4.9%Added
ASR Vermogensbeheer N.V.431,904$16.8M0.20%+1,231+0.3%Added
Royal London Asset Management Ltd372,453$14.4M0.03%−15,536−4.0%Reduced
Wellington Management Group LLP364,750$14.2M0.00%−2,035,124−84.8%Reduced
Westend Capital Management, LLC360,749$13.9M3.90%+4,979+1.4%Added
Natixis Advisors, L.P.359,703$13.9M0.02%−71,765−16.6%Reduced
Mediolanum International Funds Ltd350,432$13.6M0.14%+76,995+28.2%Added
Vontobel Holding Ltd.347,740$13.5M0.04%−32,452−8.5%Reduced
Baader Bank INC346,255$13.5M1.12%+12,092+3.6%Added
First Trust Advisors LP342,598$13.3M0.01%−169,897−33.2%Reduced
Generali Asset Management SPA SGR400,958$13.3M0.27%−7,733−1.9%Reduced
Third Avenue Management LLC337,193$13.0M2.36%+337,193New
Worldquant Millennium Advisors LLC331,962$12.9M0.05%+131,097+65.3%Added
Prudential PLC326,336$12.7M0.10%+5,368+1.7%Added
National Bank of Canada328,049$12.7M0.01%−278−0.1%Reduced
Assetmark, Inc323,424$12.5M0.03%+27,588+9.3%Added
Tudor Investment Corp Et Al313,973$12.1M0.07%−31,587−9.1%Reduced
Charles Schwab Investment Management Inc311,271$12.0M0.00%+35,319+12.8%Added
Mackenzie Financial Corp294,181$11.4M0.01%+118,197+67.2%Added
SIH Partners, LLLP295,267$11.4M0.66%+86,126+41.2%Added
USS Investment Management Ltd285,171$11.1M0.06%00.0%Unchanged