Commerzbank Aktiengesellschaft
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Commerzbank Aktiengesellschaft reported 349 stock positions worth $4.3 billion. Its top holding was Microsoft (MSFT) at 7.9% of the portfolio, followed by Alphabet Class A (GOOGL, 6.0%) and Apple (AAPL, 5.4%). Compared with Q4 2024, it opened 30 new positions, sold out of 15, added to 189 and reduced 45. The biggest buy was a new position in Ferrari (RACE) and the biggest sale Workday Class A (WDAY, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT, 2M
- CIK
- 0000852933
- Portfolio Value
- $4.3B (Q1 2025)
- SEC Filing
- 0001683168-25-003066 ↗ filed May 2, 2025
Holdings Value
Holdings 349 stocks · $4.3B
| MSFT Microsoft Corp. | 7.95% | 908,352 | $341.0M | Add +5.3% |
| GOOGL Alphabet Inc. Class A | 6.02% | 1,671,841 | $258.5M | Add +10.8% |
| AAPL Apple Inc. | 5.44% | 1,051,179 | $233.5M | Add +12.8% |
| AVGO Broadcom Inc. | 3.97% | 1,016,907 | $170.3M | Add +1.0% |
| META Meta Platforms Inc. Class A | 3.76% | 280,043 | $161.4M | Add +4.9% |
| JNJ Johnson & Johnson | 3.75% | 969,151 | $160.7M | Reduce -9.9% |
| PG The Procter & Gamble Co. | 3.67% | 923,181 | $157.3M | Reduce -7.4% |
| JPM JPMorgan Chase & Co. | 3.32% | 581,482 | $142.6M | Add +8.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.87% | 494,828 | $123.0M | Add +3.0% |
| V Visa Inc. Class A | 2.66% | 325,409 | $114.0M | Add +0.4% |
| MCD McDonald's Corp. | 2.57% | 353,637 | $110.5M | Add +1.6% |
| NVDA Nvidia Corp. | 2.42% | 960,111 | $104.1M | Add +11.9% |
| AMGN Amgen Inc. | 2.39% | 329,230 | $102.6M | Add +18.5% |
| CAT Caterpillar Inc. | 2.37% | 308,391 | $101.7M | Add +9.3% |
| QCOM Qualcomm Inc. | 2.36% | 660,574 | $101.5M | Add +24.0% |
| CSCO Cisco Systems Inc. | 2.31% | 1,603,771 | $99.0M | Add +1.2% |
| CVX Chevron Corp. | 2.20% | 564,140 | $94.4M | Add +8.7% |
| HON Honeywell International Inc. | 2.18% | 440,872 | $93.4M | Add +5.6% |
| XOM Exxon Mobil Corp. | 2.11% | 760,159 | $90.4M | Add +2.0% |
| AMZN Amazon.com Inc. | 1.93% | 436,262 | $83.0M | Add +5.1% |
| T AT&T Inc. | 1.72% | 2,610,868 | $73.8M | Add +2.6% |
| HD Home Depot Inc. | 1.67% | 195,407 | $71.6M | Add +6.2% |
| KO The Coca-Cola Co. | 1.63% | 975,161 | $69.8M | Add +4.7% |
| MDLZ Mondelez International Inc. Class A | 1.58% | 997,068 | $67.7M | Add +4.0% |
| PANW Palo Alto Networks Inc. | 1.47% | 368,715 | $62.9M | Add +2.2% |
| TMUS T-Mobile US Inc. | 1.22% | 196,018 | $52.3M | Reduce -18.6% |
| ORCL Oracle Corp. | 1.17% | 360,587 | $50.4M | Add +171.5% |
| TMO Thermo Fisher Scientific Inc. | 0.98% | 84,240 | $41.9M | Add +0.2% |
| DB Deutsche Bank AG-Registered | 0.89% | 1,594,046 | $38.0M | Reduce -56.5% |
| RACE Ferrari NV | 0.88% | 87,773 | $37.6M | New |
| LLY Eli Lilly & Co. | 0.78% | 40,558 | $33.5M | Add +369.3% |
| GS Goldman Sachs Group Inc. | 0.68% | 53,658 | $29.3M | Add +113.2% |
| ABT Abbott Laboratories | 0.66% | 212,541 | $28.2M | Reduce -4.9% |
| CRM Salesforce Inc. | 0.63% | 100,027 | $26.8M | Reduce -2.8% |
| UBER Uber Technologies Inc. | 0.60% | 352,810 | $25.7M | Add +2.1% |
| UNH Unitedhealth Group Inc. | 0.57% | 46,624 | $24.4M | Reduce -6.7% |
| WM Waste Management Inc. | 0.57% | 105,015 | $24.3M | Add +7.5% |
| MA Mastercard Inc. Class A | 0.55% | 42,887 | $23.5M | Add +20.1% |
| SYK Stryker Corp. | 0.53% | 60,739 | $22.6M | Add +2166.4% |
| PEP Pepsico Inc. | 0.47% | 135,935 | $20.4M | Reduce -14.0% |
| GE General Electric filed as GE AEROSPACE | 0.41% | 88,011 | $17.6M | Add +7.7% |
| MRK Merck & Co. Inc. | 0.35% | 165,767 | $14.9M | Reduce -56.6% |
| ACN Accenture PLC Class A | 0.34% | 46,669 | $14.6M | Reduce -37.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 26,522 | $14.1M | Add +10.8% |
| CMCSA Comcast Corp. Class A | 0.31% | 360,386 | $13.3M | Add +11.8% |
| CME Cme Group Inc. | 0.30% | 49,185 | $13.0M | Add +1.6% |
| ABBV Abbvie Inc. | 0.29% | 59,270 | $12.4M | Add +4.9% |
| BKNG Booking Holdings Inc. | 0.29% | 2,683 | $12.4M | Add +39.2% |
| DE Deere & Co. | 0.27% | 24,935 | $11.7M | Reduce -9.1% |
| XYL Xylem Inc. | 0.26% | 91,816 | $11.0M | Add +2.1% |
| INTC Intel Corp. | 0.24% | 457,040 | $10.4M | Add +30.2% |
| GOOG Alphabet Inc. Class C | 0.23% | 64,017 | $10.0M | Add +23.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 236,596 | $9.9M | Add +185.6% |
| TRV The Travelers Cos Inc. | 0.23% | 36,646 | $9.7M | Add +10.2% |
| PFE Pfizer Inc. | 0.22% | 371,370 | $9.4M | Reduce -5.6% |
| COST Costco Wholesale Corp. | 0.21% | 9,631 | $9.1M | Add +36.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 90,840 | $9.0M | Add +32.6% |
| UPS United Parcel Service Class B | 0.19% | 75,291 | $8.3M | Add +46.9% |
| VZ Verizon Communications Inc. | 0.19% | 179,432 | $8.1M | Reduce -28.6% |
| AXP American Express Co. | 0.19% | 29,887 | $8.0M | Add +36.9% |
| NFLX Netflix Inc. | 0.19% | 8,547 | $8.0M | Add +13.8% |
| DUK Duke Energy Corp. | 0.18% | 64,222 | $7.8M | Add +13.6% |
| TXN Texas Instruments Inc. | 0.18% | 43,461 | $7.8M | Reduce -0.1% |
| FDX FedEx Corp. | 0.17% | 30,706 | $7.5M | Add +132.4% |
| USB US Bancorp | 0.17% | 172,332 | $7.3M | Add +49.8% |
| ADBE Adobe Inc. | 0.17% | 18,501 | $7.1M | Reduce -78.5% |
| AMT American Tower Corp. | 0.16% | 32,063 | $7.0M | Add +13.3% |
| WFC Wells Fargo & Co. | 0.16% | 93,726 | $6.7M | Add +48.9% |
| TSLA Tesla Inc. | 0.15% | 25,557 | $6.6M | Add +7.3% |
| NEM Newmont Corp. | 0.15% | 134,041 | $6.5M | Add +6.0% |
| WMT Walmart Inc. | 0.13% | 65,798 | $5.8M | Add +8.1% |
| MRSH Marsh & McLennan Cos | 0.13% | 23,264 | $5.7M | Add +31.6% |
| ISRG Intuitive Surgical Inc. | 0.13% | 11,131 | $5.5M | Add +15.4% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.13% | 46,065 | $5.5M | Reduce -3.3% |
| NKE Nike Inc. Class B | 0.12% | 83,918 | $5.3M | Add +50.7% |
| LIN Linde PLC | 0.12% | 11,043 | $5.1M | Reduce -1.5% |
| MMM 3M Co. | 0.12% | 33,874 | $5.0M | Reduce -2.5% |
| NEE Nextera Energy Inc. | 0.11% | 66,070 | $4.7M | Add +5.1% |
| PLD Prologis Inc. | 0.10% | 40,066 | $4.5M | Add +56.4% |
| UNP Union Pacific Corp. | 0.10% | 18,895 | $4.5M | Reduce -6.8% |
| MET Metlife Inc. | 0.10% | 55,362 | $4.4M | Add +7.0% |
| KHC The Kraft Heinz Co. | 0.10% | 141,952 | $4.3M | Add +17.6% |
| HPQ HP Inc. | 0.10% | 154,504 | $4.3M | Add +11.7% |
| ADP Automatic Data Processing | 0.10% | 13,890 | $4.2M | Add +44.2% |
| KLAC KLA Corp. | 0.10% | 6,181 | $4.2M | Add +551.3% |
| MCO Moody's Corp. | 0.10% | 8,946 | $4.2M | Add +537.6% |
| AMAT Applied Materials Inc. | 0.09% | 27,701 | $4.0M | Add +19.5% |
| COP Conocophillips | 0.09% | 38,248 | $4.0M | Reduce -6.8% |
| CCI Crown Castle Inc. | 0.09% | 38,516 | $4.0M | Add +17.3% |
| CVS CVS Health Corp. | 0.09% | 54,176 | $3.7M | Reduce -47.4% |
| MS Morgan Stanley | 0.08% | 30,583 | $3.6M | Add +30.2% |
| CB Chubb Ltd. | 0.08% | 11,688 | $3.5M | Add +81.7% |
| CI The Cigna Group | 0.08% | 10,049 | $3.3M | Add +21.9% |
| ARE Alexandria Real Estate Equit | 0.07% | 34,754 | $3.2M | Add +25.3% |
| LOW Lowe's Cos Inc. | 0.07% | 13,063 | $3.0M | Add +22.2% |
| AMD Advanced Micro Devices | 0.07% | 27,250 | $2.8M | Add +35.9% |
| ADI Analog Devices Inc. | 0.06% | 13,803 | $2.8M | Add +14.5% |
| ED Consolidated Edison Inc. | 0.06% | 24,458 | $2.7M | Add +14.2% |
| EXC Exelon Corp. | 0.06% | 58,324 | $2.7M | Add +4.4% |
| ITW Illinois Tool Works | 0.06% | 10,836 | $2.7M | Add +5.4% |
Portfolio Sells Q4 2024 → Q1 2025
| WDAY Workday Inc. Class A | Reduce -94.0% | 0.05% | −0.82 |
| ADBE Adobe Inc. | Reduce -78.5% | 0.17% | −0.76 |
| DB Deutsche Bank AG-Registered | Reduce -56.5% | 0.89% | −0.62 |
| MRK Merck & Co. Inc. | Reduce -56.6% | 0.35% | −0.57 |
| PG The Procter & Gamble Co. | Reduce -7.4% | 3.67% | −0.36 |
| ACN Accenture PLC Class A | Reduce -37.8% | 0.34% | −0.30 |
| CRM Salesforce Inc. | Reduce -2.8% | 0.63% | −0.20 |
| PEP Pepsico Inc. | Reduce -14.0% | 0.47% | −0.10 |
| TMUS T-Mobile US Inc. | Reduce -18.6% | 1.22% | −0.06 |
| AIG American International Group | Reduce -91.7% | 0.01% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -28.6% | 0.19% | −0.05 |
| SBUX Starbucks Corp. | Reduce -50.7% | 0.05% | −0.05 |
| BLK BlackRock Inc. | Reduce -60.3% | 0.03% | −0.05 |
| DRI Darden Restaurants Inc. | Reduce -90.0% | 0.01% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -24.2% | 0.05% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -6.7% | 0.57% | −0.04 |
| PFE Pfizer Inc. | Reduce -5.6% | 0.22% | −0.03 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.03 |
| CVS CVS Health Corp. | Reduce -47.4% | 0.09% | −0.02 |
| ALB Albemarle Corp. | Reduce -33.8% | 0.02% | −0.02 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -0.1% | 0.18% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -68.4% | 0.01% | −0.01 |
| AAON Aaon Inc. | Sold out | 0.00% | −0.01 |
| OKE Oneok Inc. | Reduce -18.7% | 0.03% | −0.01 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.01 |
| UNP Union Pacific Corp. | Reduce -6.8% | 0.10% | −0.01 |
| DE Deere & Co. | Reduce -9.1% | 0.27% | −0.01 |
| EMBC Embecta Corp. | Reduce -0.0% | 0.01% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.01 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.01 |
| PRU Prudential Financial Inc. | Reduce -1.6% | 0.06% | −0.01 |
| ON On Semiconductor | Sold out | 0.00% | −0.01 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.01 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.01 |
| PSX Phillips 66 | Reduce -14.4% | 0.06% | −0.01 |
| SLB SLB Ltd. | Reduce -15.6% | 0.04% | −0.01 |
| TEL Te Connectivity Ltd. | Sold out | 0.00% | −0.01 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.01 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.01 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.00 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.00 |
| MNST Monster Beverage Corp. | Reduce -16.9% | 0.04% | −0.00 |
| MPC Marathon Petroleum Corp. | Reduce -17.4% | 0.02% | −0.00 |
| STLA Stellantis NV | Sold out | 0.00% | −0.00 |
| VLO Valero Energy Corp. | Reduce -18.7% | 0.02% | −0.00 |
| EBAY eBay Inc. | Reduce -19.5% | 0.02% | −0.00 |
| COP Conocophillips | Reduce -6.8% | 0.09% | −0.00 |
| GM General Motors Co. | Reduce -8.7% | 0.01% | −0.00 |
| JNJ Johnson & Johnson | Reduce -9.9% | 3.75% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| RACE Ferrari NV | New | 0.88% | +0.88 |
| AMGN Amgen Inc. | Add +18.5% | 2.39% | +0.65 |
| ORCL Oracle Corp. | Add +171.5% | 1.17% | +0.64 |
| LLY Eli Lilly & Co. | Add +369.3% | 0.78% | +0.62 |
| SYK Stryker Corp. | Add +2166.4% | 0.53% | +0.50 |
| QCOM Qualcomm Inc. | Add +24.0% | 2.36% | +0.39 |
| CVX Chevron Corp. | Add +8.7% | 2.20% | +0.39 |
| GS Goldman Sachs Group Inc. | Add +113.2% | 0.68% | +0.34 |
| T AT&T Inc. | Add +2.6% | 1.72% | +0.33 |
| IBM Intl Business Machines Corp. | Add +3.0% | 2.87% | +0.32 |
| JPM JPMorgan Chase & Co. | Add +8.6% | 3.32% | +0.23 |
| KO The Coca-Cola Co. | Add +4.7% | 1.63% | +0.23 |
| MDLZ Mondelez International Inc. Class A | Add +4.0% | 1.58% | +0.20 |
| V Visa Inc. Class A | Add +0.4% | 2.66% | +0.19 |
| XOM Exxon Mobil Corp. | Add +2.0% | 2.11% | +0.18 |
| MCD McDonald's Corp. | Add +1.6% | 2.57% | +0.14 |
| BAC Bank of America Corp. | Add +185.6% | 0.23% | +0.14 |
| UBER Uber Technologies Inc. | Add +2.1% | 0.60% | +0.10 |
| MA Mastercard Inc. Class A | Add +20.1% | 0.55% | +0.10 |
| WM Waste Management Inc. | Add +7.5% | 0.57% | +0.09 |
| FDX FedEx Corp. | Add +132.4% | 0.17% | +0.09 |
| KLAC KLA Corp. | Add +551.3% | 0.10% | +0.08 |
| GE General Electric | Add +7.7% | 0.41% | +0.08 |
| MCO Moody's Corp. | Add +537.6% | 0.10% | +0.08 |
| INTC Intel Corp. | Add +30.2% | 0.24% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.8% | 0.33% | +0.07 |
| BKNG Booking Holdings Inc. | Add +39.2% | 0.29% | +0.06 |
| COST Costco Wholesale Corp. | Add +36.3% | 0.21% | +0.06 |
| WFC Wells Fargo & Co. | Add +48.9% | 0.16% | +0.05 |
| ABBV Abbvie Inc. | Add +4.9% | 0.29% | +0.05 |
| CSCO Cisco Systems Inc. | Add +1.2% | 2.31% | +0.05 |
| CINF Cincinnati Financial Corp. | New | 0.05% | +0.05 |
| WAT Waters Corp. | New | 0.04% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +31.6% | 0.13% | +0.04 |
| PLD Prologis Inc. | Add +56.4% | 0.10% | +0.04 |
| CB Chubb Ltd. | Add +81.7% | 0.08% | +0.04 |
| AMT American Tower Corp. | Add +13.3% | 0.16% | +0.04 |
| UPS United Parcel Service Class B | Add +46.9% | 0.19% | +0.04 |
| ADM Archer-Daniels-Midland Co. | Add +231.1% | 0.06% | +0.04 |
| NEM Newmont Corp. | Add +6.0% | 0.15% | +0.04 |
| DUK Duke Energy Corp. | Add +13.6% | 0.18% | +0.04 |
| USB US Bancorp | Add +49.8% | 0.17% | +0.04 |
| CME Cme Group Inc. | Add +1.6% | 0.30% | +0.03 |
| HIG Hartford Insurance Group Inc. | Add +184.4% | 0.05% | +0.03 |
| TRV The Travelers Cos Inc. | Add +10.2% | 0.23% | +0.03 |
| AXP American Express Co. | Add +36.9% | 0.19% | +0.03 |
| ADP Automatic Data Processing | Add +44.2% | 0.10% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| EQIX Equinix Inc. | Add +107.1% | 0.06% | +0.03 |
| DIS The Walt Disney Co. | Add +32.6% | 0.21% | +0.03 |
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 |