Commerzbank Aktiengesellschaft
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Commerzbank Aktiengesellschaft reported 354 stock positions worth $4.8 billion. Its top holding was Microsoft (MSFT) at 6.0% of the portfolio, followed by Alphabet Class A (GOOGL, 5.6%) and Apple (AAPL, 5.5%). Compared with Q4 2025, it opened 19 new positions, sold out of 39, added to 101 and reduced 229. The biggest buy was Chevron (CVX, shares +14%) and the biggest sale AT&T (T, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT, 2M
- CIK
- 0000852933
- Portfolio Value
- $4.8B (Q1 2026)
- SEC Filing
- 0001683168-26-003561 ↗ filed May 7, 2026
Holdings Value
Holdings 354 stocks · $4.8B
| MSFT Microsoft Corp. | 5.96% | 769,805 | $285.0M | Add +21.4% |
| GOOGL Alphabet Inc. Class A | 5.60% | 931,673 | $267.9M | Reduce -5.3% |
| AAPL Apple Inc. | 5.54% | 1,043,898 | $264.9M | Add +1.4% |
| CVX Chevron Corp. | 4.15% | 958,552 | $198.3M | Add +13.8% |
| CSCO Cisco Systems Inc. | 4.13% | 2,545,354 | $197.5M | Add +8.1% |
| KO The Coca-Cola Co. | 3.50% | 2,203,320 | $167.6M | Reduce -0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 3.46% | 682,590 | $165.5M | Add +5.6% |
| V Visa Inc. Class A | 3.19% | 505,344 | $152.7M | Add +0.7% |
| JNJ Johnson & Johnson | 3.04% | 595,306 | $145.5M | Reduce -33.1% |
| JPM JPMorgan Chase & Co. | 2.98% | 485,245 | $142.7M | Reduce -0.3% |
| XOM Exxon Mobil Corp. | 2.95% | 831,633 | $141.1M | Add +17.6% |
| DB Deutsche Bank AG-Registered | 2.91% | 4,678,583 | $139.3M | Add +43.6% |
| AVGO Broadcom Inc. | 2.81% | 434,316 | $134.4M | Add +0.5% |
| NVDA Nvidia Corp. | 2.72% | 745,775 | $130.1M | Reduce -10.3% |
| META Meta Platforms Inc. Class A | 2.09% | 174,900 | $100.1M | Add +9.3% |
| HON Honeywell International Inc. | 2.08% | 440,984 | $99.7M | Add +4.4% |
| PG The Procter & Gamble Co. | 1.99% | 658,901 | $95.2M | Add +13.2% |
| AMZN Amazon.com Inc. | 1.70% | 390,113 | $81.2M | Add +6.7% |
| CAT Caterpillar Inc. | 1.68% | 113,089 | $80.1M | Reduce -18.1% |
| CMCSA Comcast Corp. Class A | 1.53% | 2,545,992 | $73.1M | Add +295.5% |
| CRM Salesforce Inc. | 1.49% | 380,625 | $71.1M | Add +440.4% |
| VZ Verizon Communications Inc. | 1.46% | 1,389,489 | $69.8M | Add +14.6% |
| AMGN Amgen Inc. | 1.43% | 194,785 | $68.5M | Add +31.1% |
| MCD McDonald's Corp. | 1.38% | 212,284 | $66.0M | Reduce -48.1% |
| QCOM Qualcomm Inc. | 1.34% | 498,125 | $64.1M | Add +42.4% |
| PEP Pepsico Inc. | 1.33% | 409,078 | $63.5M | Add +20.4% |
| HD Home Depot Inc. | 1.23% | 178,685 | $58.8M | Add +7.0% |
| AEP American Electric Power | 1.23% | 448,255 | $58.8M | Add +1039.7% |
| GS Goldman Sachs Group Inc. | 1.13% | 63,937 | $54.1M | Add +1.1% |
| PANW Palo Alto Networks Inc. | 1.00% | 299,698 | $48.0M | Reduce -0.9% |
| HPQ HP Inc. | 0.85% | 2,121,132 | $40.7M | Add +1462.5% |
| MDLZ Mondelez International Inc. Class A | 0.68% | 564,050 | $32.5M | Add +7.0% |
| TMO Thermo Fisher Scientific Inc. | 0.66% | 64,034 | $31.5M | Add +0.4% |
| LLY Eli Lilly & Co. | 0.63% | 32,580 | $30.0M | Reduce -12.5% |
| WM Waste Management Inc. | 0.62% | 129,961 | $29.9M | Reduce -8.3% |
| UNH Unitedhealth Group Inc. | 0.56% | 99,608 | $27.0M | Add +44.0% |
| NFLX Netflix Inc. | 0.55% | 274,647 | $26.4M | Add +4.7% |
| ORCL Oracle Corp. | 0.55% | 178,435 | $26.3M | Add +6.4% |
| MRK Merck & Co. Inc. | 0.50% | 199,356 | $24.0M | Reduce -43.2% |
| MA Mastercard Inc. Class A | 0.44% | 42,293 | $21.1M | Reduce -26.3% |
| WMT Walmart Inc. | 0.44% | 169,928 | $21.1M | Add +22.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 362,123 | $17.7M | Add +36.9% |
| GOOG Alphabet Inc. Class C | 0.34% | 56,528 | $16.2M | Add +5.0% |
| CME Cme Group Inc. | 0.34% | 54,411 | $16.1M | Reduce -7.6% |
| ABBV Abbvie Inc. | 0.33% | 72,061 | $15.7M | Reduce -9.3% |
| GE General Electric filed as GE AEROSPACE | 0.33% | 55,110 | $15.6M | Reduce -26.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 32,071 | $15.4M | Add +9.1% |
| T AT&T Inc. | 0.32% | 521,402 | $15.1M | Reduce -88.4% |
| BLK BlackRock Inc. | 0.27% | 13,521 | $13.0M | Add +82.3% |
| ACN Accenture PLC Class A | 0.26% | 62,959 | $12.5M | Add +7.4% |
| PFE Pfizer Inc. | 0.26% | 444,413 | $12.5M | Reduce -15.3% |
| TXN Texas Instruments Inc. | 0.26% | 63,255 | $12.3M | Reduce -9.6% |
| ABT Abbott Laboratories | 0.25% | 117,245 | $12.0M | Add +3.2% |
| COST Costco Wholesale Corp. | 0.23% | 11,107 | $11.1M | Add +25.4% |
| TSLA Tesla Inc. | 0.23% | 29,246 | $10.9M | Reduce -2.1% |
| XYL Xylem Inc. | 0.22% | 87,868 | $10.5M | Reduce -19.4% |
| USB US Bancorp | 0.21% | 196,405 | $10.2M | Add +5.0% |
| DUK Duke Energy Corp. | 0.20% | 73,930 | $9.7M | Add +6.9% |
| WFC Wells Fargo & Co. | 0.20% | 117,865 | $9.4M | Add +9.2% |
| COP Conocophillips | 0.19% | 70,196 | $9.3M | Reduce -12.0% |
| AMAT Applied Materials Inc. | 0.19% | 26,020 | $8.9M | Reduce -5.2% |
| UPS United Parcel Service Class B | 0.19% | 90,337 | $8.9M | Reduce -22.4% |
| ADBE Adobe Inc. | 0.18% | 35,998 | $8.8M | Reduce -5.3% |
| KLAC KLA Corp. | 0.18% | 5,889 | $8.7M | Reduce -10.4% |
| LIN Linde PLC | 0.18% | 17,406 | $8.6M | Add +1.2% |
| PLTR Palantir Technologies Inc. Class A | 0.17% | 55,741 | $8.2M | Add +186.9% |
| NOW ServiceNow Inc. | 0.17% | 76,089 | $8.0M | Add +229.4% |
| FDX FedEx Corp. | 0.16% | 21,708 | $7.7M | Reduce -52.0% |
| GILD Gilead Sciences Inc. | 0.16% | 54,756 | $7.6M | Reduce -17.0% |
| MET Metlife Inc. | 0.16% | 106,762 | $7.5M | Reduce -3.7% |
| CVS CVS Health Corp. | 0.15% | 102,099 | $7.3M | Add +87.5% |
| TRV The Travelers Cos Inc. | 0.15% | 24,870 | $7.3M | Add +25.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.14% | 76,221 | $6.9M | Reduce -19.1% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.14% | 164,414 | $6.8M | New |
| INTC Intel Corp. | 0.14% | 154,560 | $6.8M | Reduce -45.9% |
| NKE Nike Inc. Class B | 0.14% | 125,354 | $6.6M | Reduce -13.6% |
| AMT American Tower Corp. | 0.14% | 37,639 | $6.5M | Reduce -42.7% |
| MMM 3M Co. | 0.14% | 44,559 | $6.5M | Add +190.3% |
| ANET Arista Networks Inc. | 0.13% | 50,815 | $6.2M | Reduce -5.6% |
| SBUX Starbucks Corp. | 0.13% | 68,970 | $6.2M | Reduce -28.5% |
| HAL Halliburton Co. | 0.13% | 158,366 | $6.2M | Add +15.2% |
| OKE Oneok Inc. | 0.13% | 67,686 | $6.1M | Reduce -15.5% |
| NEM Newmont Corp. | 0.13% | 56,004 | $6.1M | Add +72.5% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.13% | 117,043 | $6.0M | Reduce -35.0% |
| AXP American Express Co. | 0.12% | 19,482 | $5.9M | Reduce -17.0% |
| SCHW Schwab (charles) Corp. | 0.12% | 61,071 | $5.7M | Add +10.8% |
| UNP Union Pacific Corp. | 0.12% | 23,522 | $5.7M | Reduce -20.2% |
| LOW Lowe's Cos Inc. | 0.11% | 22,831 | $5.4M | Add +29.2% |
| ADI Analog Devices Inc. | 0.11% | 16,394 | $5.2M | Reduce -16.2% |
| MCO Moody's Corp. | 0.11% | 11,825 | $5.2M | Add +24.7% |
| MNST Monster Beverage Corp. | 0.10% | 67,933 | $4.9M | Reduce -58.2% |
| CCI Crown Castle Inc. | 0.10% | 60,526 | $4.9M | Reduce -4.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 50,791 | $4.9M | Reduce -3.4% |
| MS Morgan Stanley | 0.10% | 29,168 | $4.8M | Reduce -14.4% |
| ISRG Intuitive Surgical Inc. | 0.10% | 10,321 | $4.8M | Reduce -11.6% |
| GLW Corning Inc. | 0.10% | 33,787 | $4.6M | Add +591.8% |
| SYK Stryker Corp. | 0.10% | 13,928 | $4.6M | Reduce -39.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 12,598 | $4.3M | Add +361.1% |
| ELV Elevance Health Inc. | 0.09% | 14,377 | $4.2M | Add +164.7% |
| KMB Kimberly-Clark Corp. | 0.09% | 42,331 | $4.1M | Reduce -22.4% |
Portfolio Sells Q4 2025 → Q1 2026
| T AT&T Inc. | Reduce -88.4% | 0.32% | −1.96 |
| MCD McDonald's Corp. | Reduce -48.1% | 1.38% | −1.17 |
| JNJ Johnson & Johnson | Reduce -33.1% | 3.04% | −0.70 |
| GOOGL Alphabet Inc. Class A | Reduce -5.3% | 5.60% | −0.67 |
| NVDA Nvidia Corp. | Reduce -10.3% | 2.72% | −0.43 |
| PYPL PayPal Holdings Inc. | Reduce -96.5% | 0.01% | −0.43 |
| BKNG Booking Holdings Inc. | Reduce -86.6% | 0.04% | −0.31 |
| MRK Merck & Co. Inc. | Reduce -43.2% | 0.50% | −0.25 |
| MA Mastercard Inc. Class A | Reduce -26.3% | 0.44% | −0.22 |
| EQIX Equinix Inc. | Reduce -82.5% | 0.06% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 2.98% | −0.21 |
| LLY Eli Lilly & Co. | Reduce -12.5% | 0.63% | −0.19 |
| TMUS T-Mobile US Inc. | Reduce -68.7% | 0.08% | −0.15 |
| MNST Monster Beverage Corp. | Reduce -58.2% | 0.10% | −0.15 |
| GE General Electric | Reduce -26.5% | 0.33% | −0.14 |
| PANW Palo Alto Networks Inc. | Reduce -0.9% | 1.00% | −0.13 |
| FDX FedEx Corp. | Reduce -52.0% | 0.16% | −0.10 |
| BSX Boston Scientific Corp. | Reduce -74.5% | 0.02% | −0.10 |
| PLD Prologis Inc. | Reduce -69.0% | 0.05% | −0.10 |
| AMT American Tower Corp. | Reduce -42.7% | 0.14% | −0.10 |
| SJM The JM Smucker Co. | Reduce -61.1% | 0.06% | −0.10 |
| ADBE Adobe Inc. | Reduce -5.3% | 0.18% | −0.09 |
| XYL Xylem Inc. | Reduce -19.4% | 0.22% | −0.08 |
| PSX Phillips 66 | Reduce -82.6% | 0.03% | −0.08 |
| KMI Kinder Morgan Inc. | Reduce -71.1% | 0.04% | −0.07 |
| INTC Intel Corp. | Reduce -45.9% | 0.14% | −0.07 |
| SYK Stryker Corp. | Reduce -39.8% | 0.10% | −0.07 |
| SOLS Solstice Adv Materials Inc. | Sold out | 0.00% | −0.07 |
| UBER Uber Technologies Inc. | Reduce -57.5% | 0.04% | −0.06 |
| ED Consolidated Edison Inc. | Reduce -93.1% | 0.01% | −0.06 |
| ROK Rockwell Automation Inc. | Reduce -89.4% | 0.01% | −0.06 |
| AXP American Express Co. | Reduce -17.0% | 0.12% | −0.05 |
| CINF Cincinnati Financial Corp. | Sold out | 0.00% | −0.05 |
| TROW T Rowe Price Group Inc. | Reduce -19.1% | 0.14% | −0.05 |
| NKE Nike Inc. Class B | Reduce -13.6% | 0.14% | −0.05 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.05 |
| UPS United Parcel Service Class B | Reduce -22.4% | 0.19% | −0.05 |
| AZO AutoZone Inc. | Reduce -74.0% | 0.02% | −0.05 |
| TSLA Tesla Inc. | Reduce -2.1% | 0.23% | −0.05 |
| ARE Alexandria Real Estate Equit | Reduce -52.9% | 0.04% | −0.04 |
| ABBV Abbvie Inc. | Reduce -9.3% | 0.33% | −0.04 |
| F Ford Motor Co. | Reduce -86.0% | 0.01% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -67.0% | 0.02% | −0.04 |
| OMC Omnicom Group | Reduce -29.3% | 0.08% | −0.04 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.04 |
| SBUX Starbucks Corp. | Reduce -28.5% | 0.13% | −0.04 |
| ISRG Intuitive Surgical Inc. | Reduce -11.6% | 0.10% | −0.04 |
| JCI Johnson Controls Internation | Reduce -54.4% | 0.04% | −0.03 |
| HSY The Hershey Co. | Reduce -88.4% | 0.01% | −0.03 |
| CSX CSX Corp. | Reduce -74.4% | 0.01% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| CVX Chevron Corp. | Add +13.8% | 4.15% | +1.53 |
| XOM Exxon Mobil Corp. | Add +17.6% | 2.95% | +1.22 |
| CMCSA Comcast Corp. Class A | Add +295.5% | 1.53% | +1.14 |
| AEP American Electric Power | Add +1039.7% | 1.23% | +1.14 |
| CRM Salesforce Inc. | Add +440.4% | 1.49% | +1.11 |
| HPQ HP Inc. | Add +1462.5% | 0.85% | +0.79 |
| VZ Verizon Communications Inc. | Add +14.6% | 1.46% | +0.45 |
| AMGN Amgen Inc. | Add +31.1% | 1.43% | +0.44 |
| CSCO Cisco Systems Inc. | Add +8.1% | 4.13% | +0.44 |
| HON Honeywell International Inc. | Add +4.4% | 2.08% | +0.41 |
| DB Deutsche Bank AG-Registered | Add +43.6% | 2.91% | +0.36 |
| PEP Pepsico Inc. | Add +20.4% | 1.33% | +0.34 |
| PG The Procter & Gamble Co. | Add +13.2% | 1.99% | +0.29 |
| DOW Dow Inc. | New | 0.14% | +0.14 |
| WMT Walmart Inc. | Add +22.6% | 0.44% | +0.13 |
| QCOM Qualcomm Inc. | Add +42.4% | 1.34% | +0.12 |
| BLK BlackRock Inc. | Add +82.3% | 0.27% | +0.11 |
| MDLZ Mondelez International Inc. Class A | Add +7.0% | 0.68% | +0.10 |
| PLTR Palantir Technologies Inc. Class A | Add +186.9% | 0.17% | +0.10 |
| UNH Unitedhealth Group Inc. | Add +44.0% | 0.56% | +0.10 |
| NOW ServiceNow Inc. | Add +229.4% | 0.17% | +0.09 |
| GLW Corning Inc. | Add +591.8% | 0.10% | +0.09 |
| MMM 3M Co. | Add +190.3% | 0.14% | +0.09 |
| COST Costco Wholesale Corp. | Add +25.4% | 0.23% | +0.08 |
| BAC Bank of America Corp. | Add +36.9% | 0.37% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +361.1% | 0.09% | +0.07 |
| CVS CVS Health Corp. | Add +87.5% | 0.15% | +0.07 |
| NEM Newmont Corp. | Add +72.5% | 0.13% | +0.06 |
| SPOT Spotify Technology SA | New | 0.06% | +0.06 |
| HD Home Depot Inc. | Add +7.0% | 1.23% | +0.06 |
| NFLX Netflix Inc. | Add +4.7% | 0.55% | +0.05 |
| HAL Halliburton Co. | Add +15.2% | 0.13% | +0.05 |
| ELV Elevance Health Inc. | Add +164.7% | 0.09% | +0.05 |
| MPWR Monolithic Power Systems Inc. | Add +610.3% | 0.05% | +0.05 |
| CTSH Cognizant Tech Solutions-A | Add +1138.8% | 0.05% | +0.04 |
| HWM Howmet Aerospace Inc. | Add +301.2% | 0.05% | +0.04 |
| DUK Duke Energy Corp. | Add +6.9% | 0.20% | +0.04 |
| TRV The Travelers Cos Inc. | Add +25.8% | 0.15% | +0.04 |
| TJX TJX Companies Inc. | Add +123.1% | 0.06% | +0.03 |
| CDW CDW Corp. | New | 0.03% | +0.03 |
| FIX Comfort Systems USA Inc. | New | 0.03% | +0.03 |
| LIN Linde PLC | Add +1.2% | 0.18% | +0.03 |
| CRH CRH PLC | Add +438.0% | 0.04% | +0.03 |
| C Citigroup Inc. | Add +62.5% | 0.08% | +0.03 |
| HRL Hormel Foods Corp. | Add +252.3% | 0.04% | +0.03 |
| LOW Lowe's Cos Inc. | Add +29.2% | 0.11% | +0.03 |
| EG Everest Group Ltd. | New | 0.02% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.1% | 0.32% | +0.02 |
| JBL Jabil Inc. | New | 0.02% | +0.02 |
| MAA Mid-America Apartment Comm | Add +92.3% | 0.05% | +0.02 |
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 |