Commerzbank Aktiengesellschaft
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Commerzbank Aktiengesellschaft reported 334 stock positions worth $4.2 billion. Its top holding was Microsoft (MSFT) at 8.8% of the portfolio, followed by Alphabet Class A (GOOGL, 6.9%) and Broadcom (AVGO, 5.6%). Compared with Q3 2024, it opened 45 new positions, sold out of 14, added to 224 and reduced 55. The biggest buy was McDonald's (MCD, shares +518%) and the biggest sale Nvidia (NVDA, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT, 2M
- CIK
- 0000852933
- Portfolio Value
- $4.2B (Q4 2024)
- SEC Filing
- 0001683168-25-000765 ↗ filed Feb 6, 2025
Holdings Value
Holdings 334 stocks · $4.2B
| MSFT Microsoft Corp. | 8.76% | 862,865 | $363.7M | Reduce -3.9% |
| GOOGL Alphabet Inc. Class A | 6.88% | 1,509,290 | $285.7M | Add +3.9% |
| AVGO Broadcom Inc. | 5.62% | 1,006,848 | $233.4M | Reduce -0.8% |
| AAPL Apple Inc. | 5.62% | 931,871 | $233.4M | Add +57.5% |
| PG The Procter & Gamble Co. | 4.02% | 996,675 | $167.1M | Add +71.9% |
| META Meta Platforms Inc. Class A | 3.76% | 266,968 | $156.3M | Reduce -7.6% |
| JNJ Johnson & Johnson | 3.75% | 1,076,053 | $155.6M | Add +7.8% |
| JPM JPMorgan Chase & Co. | 3.09% | 535,288 | $128.3M | Add +4.0% |
| NVDA Nvidia Corp. | 2.77% | 857,826 | $115.2M | Reduce -50.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.54% | 480,272 | $105.6M | Add +130.3% |
| V Visa Inc. Class A | 2.47% | 324,087 | $102.4M | Reduce -12.7% |
| CAT Caterpillar Inc. | 2.47% | 282,244 | $102.4M | Add +73.3% |
| MCD McDonald's Corp. | 2.43% | 348,119 | $100.9M | Add +518.1% |
| HON Honeywell International Inc. | 2.27% | 417,475 | $94.3M | Add +106.5% |
| CSCO Cisco Systems Inc. | 2.26% | 1,584,336 | $93.8M | Reduce -4.5% |
| AMZN Amazon.com Inc. | 2.19% | 414,945 | $91.0M | Reduce -48.0% |
| QCOM Qualcomm Inc. | 1.97% | 532,785 | $81.8M | Add +622.4% |
| XOM Exxon Mobil Corp. | 1.93% | 745,073 | $80.1M | Add +152.0% |
| CVX Chevron Corp. | 1.81% | 519,200 | $75.2M | Add +383.7% |
| AMGN Amgen Inc. | 1.74% | 277,772 | $72.4M | Add +372.2% |
| HD Home Depot Inc. | 1.72% | 183,949 | $71.6M | Add +619.8% |
| PANW Palo Alto Networks Inc. | 1.58% | 360,771 | $65.6M | Reduce -29.9% |
| DB Deutsche Bank AG-Registered | 1.51% | 3,667,554 | $62.5M | Reduce -30.3% |
| KO The Coca-Cola Co. | 1.40% | 931,768 | $58.0M | Add +17.7% |
| T AT&T Inc. | 1.39% | 2,544,143 | $57.9M | Add +80.0% |
| MDLZ Mondelez International Inc. Class A | 1.38% | 958,566 | $57.3M | Add +175.1% |
| TMUS T-Mobile US Inc. | 1.28% | 240,782 | $53.1M | Add +0.5% |
| TMO Thermo Fisher Scientific Inc. | 1.05% | 84,045 | $43.7M | Reduce -37.0% |
| ADBE Adobe Inc. | 0.92% | 85,986 | $38.2M | Reduce -17.0% |
| MRK Merck & Co. Inc. | 0.92% | 382,323 | $38.0M | Add +11.1% |
| WDAY Workday Inc. Class A | 0.87% | 139,245 | $35.9M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.83% | 102,855 | $34.4M | Reduce -4.0% |
| ACN Accenture PLC Class A | 0.64% | 75,067 | $26.4M | Reduce -67.1% |
| UNH Unitedhealth Group Inc. | 0.61% | 49,987 | $25.3M | Reduce -8.9% |
| ABT Abbott Laboratories | 0.61% | 223,460 | $25.3M | Reduce -2.4% |
| PEP Pepsico Inc. | 0.58% | 158,131 | $24.0M | Add +8.4% |
| ORCL Oracle Corp. | 0.53% | 132,832 | $22.1M | Add +1.9% |
| UBER Uber Technologies Inc. | 0.50% | 345,630 | $20.8M | Add +0.8% |
| WM Waste Management Inc. | 0.47% | 97,654 | $19.7M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.45% | 35,701 | $18.8M | Add +46.4% |
| GS Goldman Sachs Group Inc. | 0.35% | 25,163 | $14.4M | Add +1.5% |
| GE General Electric filed as GE AEROSPACE | 0.33% | 81,690 | $13.6M | Add +9.4% |
| CMCSA Comcast Corp. Class A | 0.29% | 322,222 | $12.1M | Reduce -77.0% |
| DE Deere & Co. | 0.28% | 27,425 | $11.6M | Reduce -10.0% |
| CME Cme Group Inc. | 0.27% | 48,391 | $11.2M | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 23,927 | $10.8M | Add +10.6% |
| XYL Xylem Inc. | 0.25% | 89,956 | $10.4M | Add +3.8% |
| PFE Pfizer Inc. | 0.25% | 393,353 | $10.4M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.24% | 251,188 | $10.0M | Add +69.1% |
| ABBV Abbvie Inc. | 0.24% | 56,484 | $10.0M | Add +51.9% |
| GOOG Alphabet Inc. Class C | 0.24% | 52,003 | $9.9M | Add +12.7% |
| TSLA Tesla Inc. | 0.23% | 23,816 | $9.6M | Add +6.2% |
| BKNG Booking Holdings Inc. | 0.23% | 1,928 | $9.6M | Add +3.3% |
| TXN Texas Instruments Inc. | 0.20% | 43,521 | $8.2M | Add +16.5% |
| TRV The Travelers Cos Inc. | 0.19% | 33,255 | $8.0M | Add +8.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 68,491 | $7.6M | Reduce -91.2% |
| INTC Intel Corp. | 0.17% | 351,115 | $7.0M | Reduce -48.8% |
| NFLX Netflix Inc. | 0.16% | 7,513 | $6.7M | Add +2.1% |
| LLY Eli Lilly & Co. | 0.16% | 8,643 | $6.7M | Add +38.8% |
| AXP American Express Co. | 0.16% | 21,834 | $6.5M | Add +16.0% |
| COST Costco Wholesale Corp. | 0.16% | 7,065 | $6.5M | Add +16.6% |
| UPS United Parcel Service Class B | 0.15% | 51,265 | $6.4M | Reduce -12.7% |
| DUK Duke Energy Corp. | 0.15% | 56,523 | $6.1M | Add +3.7% |
| USB US Bancorp | 0.13% | 115,048 | $5.6M | Add +5.7% |
| WMT Walmart Inc. | 0.13% | 60,872 | $5.5M | Add +6.2% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.13% | 47,633 | $5.2M | Reduce -0.5% |
| AMT American Tower Corp. | 0.12% | 28,302 | $5.1M | Add +91.8% |
| ISRG Intuitive Surgical Inc. | 0.12% | 9,646 | $5.0M | Add +21.1% |
| NEM Newmont Corp. | 0.11% | 126,459 | $4.7M | Reduce -64.5% |
| LIN Linde PLC | 0.11% | 11,215 | $4.7M | Add +79.7% |
| UNP Union Pacific Corp. | 0.11% | 20,284 | $4.6M | Add +14.2% |
| CVS CVS Health Corp. | 0.11% | 102,991 | $4.5M | Add +29.7% |
| HPQ HP Inc. | 0.11% | 138,272 | $4.5M | Add +18.5% |
| NEE Nextera Energy Inc. | 0.11% | 62,876 | $4.5M | Add +89.3% |
| MMM 3M Co. | 0.11% | 34,762 | $4.5M | Reduce -2.0% |
| WFC Wells Fargo & Co. | 0.11% | 62,967 | $4.4M | Reduce -25.2% |
| MET Metlife Inc. | 0.10% | 51,743 | $4.2M | Add +0.8% |
| NKE Nike Inc. Class B | 0.10% | 55,687 | $4.2M | Reduce -8.6% |
| SBUX Starbucks Corp. | 0.10% | 46,154 | $4.2M | Add +6.3% |
| PYPL PayPal Holdings Inc. | 0.10% | 47,386 | $4.0M | Reduce -93.1% |
| COP Conocophillips | 0.10% | 41,056 | $4.0M | Add +44.2% |
| AMAT Applied Materials Inc. | 0.09% | 23,182 | $3.8M | Add +12.7% |
| MRSH Marsh & McLennan Cos | 0.09% | 17,677 | $3.8M | Add +34.4% |
| FDX FedEx Corp. | 0.09% | 13,215 | $3.7M | Add +13.5% |
| KHC The Kraft Heinz Co. | 0.09% | 120,703 | $3.7M | Add +29.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.09% | 82,847 | $3.6M | Add +19.6% |
| BLK BlackRock Inc. | 0.07% | 3,027 | $3.1M | Reduce -3.8% |
| MS Morgan Stanley | 0.07% | 23,485 | $3.0M | Reduce -19.2% |
| CCI Crown Castle Inc. | 0.07% | 32,843 | $2.9M | Add +17.3% |
| ADP Automatic Data Processing | 0.07% | 9,631 | $2.8M | Add +14.8% |
| ARE Alexandria Real Estate Equit | 0.07% | 27,741 | $2.7M | Add +40.7% |
| PLD Prologis Inc. | 0.06% | 25,622 | $2.7M | Add +51.0% |
| LOW Lowe's Cos Inc. | 0.06% | 10,688 | $2.6M | Add +13.8% |
| ITW Illinois Tool Works | 0.06% | 10,279 | $2.6M | Reduce -4.3% |
| PRU Prudential Financial Inc. | 0.06% | 21,788 | $2.6M | Add +7.4% |
| ADI Analog Devices Inc. | 0.06% | 12,057 | $2.6M | Add +17.7% |
| PSX Phillips 66 | 0.06% | 22,744 | $2.5M | Reduce -6.4% |
| AIG American International Group | 0.06% | 35,029 | $2.5M | Add +10.0% |
| AMD Advanced Micro Devices | 0.06% | 20,059 | $2.4M | Add +74.1% |
| HPE Hewlett Packard Enterprise | 0.06% | 112,038 | $2.4M | Add +19.4% |
Portfolio Sells Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | Reduce -50.9% | 2.77% | −2.88 |
| DIS The Walt Disney Co. | Reduce -91.2% | 0.18% | −1.80 |
| AMZN Amazon.com Inc. | Reduce -48.0% | 2.19% | −1.77 |
| MSFT Microsoft Corp. | Reduce -3.9% | 8.76% | −1.53 |
| ACN Accenture PLC Class A | Reduce -67.1% | 0.64% | −1.51 |
| PYPL PayPal Holdings Inc. | Reduce -93.1% | 0.10% | −1.33 |
| CMCSA Comcast Corp. Class A | Reduce -77.0% | 0.29% | −1.27 |
| TMO Thermo Fisher Scientific Inc. | Reduce -37.0% | 1.05% | −1.15 |
| DB Deutsche Bank AG-Registered | Reduce -30.3% | 1.51% | −0.92 |
| PANW Palo Alto Networks Inc. | Reduce -29.9% | 1.58% | −0.76 |
| META Meta Platforms Inc. Class A | Reduce -7.6% | 3.76% | −0.64 |
| ADBE Adobe Inc. | Reduce -17.0% | 0.92% | −0.51 |
| NEM Newmont Corp. | Reduce -64.5% | 0.11% | −0.39 |
| INTC Intel Corp. | Reduce -48.8% | 0.17% | −0.26 |
| V Visa Inc. Class A | Reduce -12.7% | 2.47% | −0.25 |
| UNH Unitedhealth Group Inc. | Reduce -8.9% | 0.61% | −0.25 |
| CSCO Cisco Systems Inc. | Reduce -4.5% | 2.26% | −0.09 |
| ABT Abbott Laboratories | Reduce -2.4% | 0.61% | −0.09 |
| WM Waste Management Inc. | Reduce -0.6% | 0.47% | −0.07 |
| DE Deere & Co. | Reduce -10.0% | 0.28% | −0.06 |
| UPS United Parcel Service Class B | Reduce -12.7% | 0.15% | −0.06 |
| PFE Pfizer Inc. | Reduce -1.0% | 0.25% | −0.06 |
| WDAY Workday Inc. Class A | Reduce -0.2% | 0.87% | −0.04 |
| NKE Nike Inc. Class B | Reduce -8.6% | 0.10% | −0.04 |
| ANET Arista Networks Inc. | Reduce -71.2% | 0.02% | −0.04 |
| SJM The JM Smucker Co. | Reduce -0.5% | 0.13% | −0.03 |
| ALB Albemarle Corp. | Reduce -25.9% | 0.04% | −0.03 |
| PSX Phillips 66 | Reduce -6.4% | 0.06% | −0.02 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.02 |
| MMM 3M Co. | Reduce -2.0% | 0.11% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -25.2% | 0.11% | −0.02 |
| BXP BXP Inc. | Reduce -60.2% | 0.01% | −0.02 |
| TGT Target Corp. | Reduce -3.8% | 0.04% | −0.01 |
| CSX CSX Corp. | Reduce -10.8% | 0.04% | −0.01 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.01 |
| MNST Monster Beverage Corp. | Reduce -17.3% | 0.04% | −0.01 |
| AZO AutoZone Inc. | Reduce -50.9% | 0.01% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -39.8% | 0.02% | −0.01 |
| ITW Illinois Tool Works | Reduce -4.3% | 0.06% | −0.01 |
| SYK Stryker Corp. | Reduce -25.1% | 0.02% | −0.01 |
| BDX Becton Dickinson and Co. | Reduce -7.8% | 0.04% | −0.01 |
| XEL Xcel Energy Inc. | Reduce -16.4% | 0.04% | −0.01 |
| MS Morgan Stanley | Reduce -19.2% | 0.07% | −0.01 |
| VTR Ventas Inc. | Reduce -50.8% | 0.01% | −0.01 |
| VMRK Vivmark Residential | Reduce -48.5% | 0.01% | −0.01 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.01 |
| IP International Paper Co. | Sold out | 0.00% | −0.01 |
| ECL Ecolab Inc. | Reduce -33.5% | 0.01% | −0.01 |
| CE Celanese Corp. | Sold out | 0.00% | −0.01 |
| NIO Nio Inc. - ADR | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| MCD McDonald's Corp. | Add +518.1% | 2.43% | +1.97 |
| AAPL Apple Inc. | Add +57.5% | 5.62% | +1.95 |
| QCOM Qualcomm Inc. | Add +622.4% | 1.97% | +1.64 |
| HD Home Depot Inc. | Add +619.8% | 1.72% | +1.45 |
| CVX Chevron Corp. | Add +383.7% | 1.81% | +1.39 |
| PG The Procter & Gamble Co. | Add +71.9% | 4.02% | +1.35 |
| IBM Intl Business Machines Corp. | Add +130.3% | 2.54% | +1.31 |
| AMGN Amgen Inc. | Add +372.2% | 1.74% | +1.24 |
| HON Honeywell International Inc. | Add +106.5% | 2.27% | +1.16 |
| XOM Exxon Mobil Corp. | Add +152.0% | 1.93% | +1.01 |
| CAT Caterpillar Inc. | Add +73.3% | 2.47% | +0.77 |
| MDLZ Mondelez International Inc. Class A | Add +175.1% | 1.38% | +0.69 |
| T AT&T Inc. | Add +80.0% | 1.39% | +0.57 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 6.88% | +0.46 |
| JPM JPMorgan Chase & Co. | Add +4.0% | 3.09% | +0.20 |
| MA Mastercard Inc. Class A | Add +46.4% | 0.45% | +0.13 |
| TSLA Tesla Inc. | Add +6.2% | 0.23% | +0.08 |
| VZ Verizon Communications Inc. | Add +69.1% | 0.24% | +0.06 |
| ABBV Abbvie Inc. | Add +51.9% | 0.24% | +0.04 |
| NEE Nextera Energy Inc. | Add +89.3% | 0.11% | +0.03 |
| LIN Linde PLC | Add +79.7% | 0.11% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +12.7% | 0.24% | +0.03 |
| AMT American Tower Corp. | Add +91.8% | 0.12% | +0.03 |
| CI The Cigna Group | Add +231.5% | 0.05% | +0.03 |
| ED Consolidated Edison Inc. | Add +198.0% | 0.05% | +0.03 |
| MTB M & T Bank Corp. | New | 0.03% | +0.03 |
| ALL Allstate Corp. | Add +379.5% | 0.03% | +0.03 |
| AFL Aflac Inc. | Add +332.1% | 0.03% | +0.02 |
| NFLX Netflix Inc. | Add +2.1% | 0.16% | +0.02 |
| TSCO Tractor Supply Company | New | 0.02% | +0.02 |
| BKNG Booking Holdings Inc. | Add +3.3% | 0.23% | +0.02 |
| AXP American Express Co. | Add +16.0% | 0.16% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +1.5% | 0.35% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +21.1% | 0.12% | +0.02 |
| COP Conocophillips | Add +44.2% | 0.10% | +0.02 |
| CAG Conagra Brands Inc. | New | 0.02% | +0.02 |
| HIG Hartford Insurance Group Inc. | New | 0.02% | +0.02 |
| MDT Medtronic PLC | Add +99.8% | 0.04% | +0.02 |
| CF CF Industries Holdings Inc. | New | 0.01% | +0.01 |
| DKS Dick's Sporting Goods Inc. | New | 0.01% | +0.01 |
| BAC Bank of America Corp. | Add +19.6% | 0.09% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +58.1% | 0.02% | +0.01 |
| CAH Cardinal Health Inc. | Add +53.3% | 0.04% | +0.01 |
| LLY Eli Lilly & Co. | Add +38.8% | 0.16% | +0.01 |
| YUM Yum! Brands Inc. | Add +279.2% | 0.02% | +0.01 |
| AEP American Electric Power | Add +318.3% | 0.02% | +0.01 |
| NOW ServiceNow Inc. | Add +39.6% | 0.04% | +0.01 |
| COST Costco Wholesale Corp. | Add +16.6% | 0.16% | +0.01 |
| PEG Public Service Enterprise GP | Add +195.1% | 0.02% | +0.01 |
| APO Apollo Global Management Inc. | New | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 347 | $5.0B | GOOGL, MSFT, AAPL, CSCO, IBM |
| Q1 2026 | 354 | $4.8B | MSFT, GOOGL, AAPL, CVX, CSCO |
| Q4 2025 | 374 | $4.9B | GOOGL, MSFT, AAPL, IBM, JNJ |
| Q3 2025 | 353 | $4.8B | GOOGL, MSFT, AAPL, AVGO, V |
| Q2 2025 | 348 | $4.4B | MSFT, GOOGL, AAPL, AVGO, NVDA |
| Q1 2025 | 349 | $4.3B | MSFT, GOOGL, AAPL, AVGO, META |
| Q4 2024 | 334 | $4.2B | MSFT, GOOGL, AVGO, AAPL, PG |
| Q3 2024 | 303 | $3.8B | MSFT, GOOGL, NVDA, AVGO, META |
| Q2 2024 | 243 | $3.0B | MSFT, GOOGL, NVDA, AMZN, META |
| Q1 2024 | 245 | $3.0B | MSFT, GOOGL, AMZN, JNJ, NVDA |