DekaBank Deutsche Girozentrale
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), DekaBank Deutsche Girozentrale reported 1,393 stock positions worth $56.1 billion. Its top holding was Microsoft (MSFT) at 6.5% of the portfolio, followed by Apple (AAPL, 3.9%) and Amazon.com (AMZN, 3.8%). Compared with Q1 2025, it opened 30 new positions, sold out of 37, added to 515 and reduced 355. The biggest buy was Microsoft (MSFT, shares +1%) and the biggest sale Johnson & Johnson (JNJ, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFURT, 2M
- CIK
- 0001456228
- Portfolio Value
- $56.1B (Q2 2025)
- SEC Filing
- 0001456228-25-000006 ↗ filed Jul 30, 2025
Holdings Value
Holdings 1,393 stocks · $56.1B
| MSFT Microsoft Corp. | 6.51% | 7,317,273 | $3.7B | Add +1.4% |
| AAPL Apple Inc. | 3.93% | 10,884,086 | $2.2B | Add +9.8% |
| AMZN Amazon.com Inc. | 3.80% | 9,474,725 | $2.1B | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 3.65% | 11,282,439 | $2.0B | Reduce -2.7% |
| META Meta Platforms Inc. Class A | 3.05% | 2,284,020 | $1.7B | Reduce -1.2% |
| JPM JPMorgan Chase & Co. | 1.76% | 3,427,167 | $989.1M | Reduce -0.1% |
| MA Mastercard Inc. Class A | 1.31% | 1,322,367 | $736.9M | Add +1.0% |
| LLY Eli Lilly & Co. | 1.27% | 915,360 | $713.7M | Add +0.5% |
| PG The Procter & Gamble Co. | 1.27% | 4,449,621 | $711.3M | Add +0.7% |
| JNJ Johnson & Johnson | 1.20% | 4,411,321 | $675.1M | Reduce -1.6% |
| V Visa Inc. Class A | 1.19% | 1,908,755 | $667.7M | Add +0.7% |
| TSLA Tesla Inc. | 1.10% | 1,924,018 | $618.6M | Reduce -1.0% |
| CSCO Cisco Systems Inc. | 1.05% | 8,586,581 | $591.0M | Add +0.2% |
| ABBV Abbvie Inc. | 1.00% | 3,054,882 | $560.9M | Reduce -0.9% |
| KO The Coca-Cola Co. | 0.96% | 7,616,417 | $537.0M | Reduce -0.7% |
| DB Deutsche Bank AG-Registered | 0.95% | 18,047,605 | $530.5M | Add +14.0% |
| ACN Accenture PLC Class A | 0.91% | 1,702,993 | $508.0M | Add +1.3% |
| NFLX Netflix Inc. | 0.82% | 346,176 | $461.6M | Reduce -0.0% |
| PM Philip Morris International | 0.82% | 2,517,673 | $457.5M | Add +6.7% |
| MRK Merck & Co. Inc. | 0.77% | 5,427,912 | $430.1M | Add +0.7% |
| NOW ServiceNow Inc. | 0.76% | 416,444 | $428.8M | Add +1.6% |
| LIN Linde PLC | 0.71% | 849,301 | $397.2M | Add +0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.70% | 1,351,453 | $394.6M | Reduce -0.3% |
| ISRG Intuitive Surgical Inc. | 0.67% | 703,054 | $375.1M | Add +2.9% |
| EMR Emerson Electric Co. | 0.65% | 2,738,701 | $365.2M | Reduce -3.5% |
| PEP Pepsico Inc. | 0.65% | 2,757,161 | $362.6M | Reduce -0.3% |
| CRH CRH PLC | 0.62% | 3,798,126 | $348.2M | Reduce -6.8% |
| ABT Abbott Laboratories | 0.61% | 2,543,279 | $344.2M | Reduce -4.4% |
| CRM Salesforce Inc. | 0.61% | 1,237,031 | $341.5M | Add +0.8% |
| MSI Motorola Solutions Inc. | 0.60% | 803,301 | $338.3M | Reduce -8.1% |
| PH Parker Hannifin Corp. | 0.59% | 469,619 | $332.4M | Add +0.6% |
| NVDA Nvidia Corp. | 0.57% | 2,004,081 | $317.9M | Reduce -4.2% |
| TMO Thermo Fisher Scientific Inc. | 0.57% | 772,643 | $317.5M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.56% | 1,735,763 | $315.4M | Reduce -9.5% |
| HD Home Depot Inc. | 0.55% | 840,158 | $310.9M | Add +31.1% |
| VZ Verizon Communications Inc. | 0.55% | 7,297,469 | $309.6M | Add +11.0% |
| ADBE Adobe Inc. | 0.54% | 778,650 | $303.1M | Add +0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 6,319,991 | $302.4M | Reduce -1.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.54% | 1,327,786 | $302.4M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.53% | 1,021,608 | $298.7M | Reduce -7.6% |
| SYK Stryker Corp. | 0.53% | 752,729 | $297.0M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.53% | 607,262 | $296.1M | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.52% | 936,422 | $291.6M | Add +1.1% |
| ORCL Oracle Corp. | 0.52% | 1,354,438 | $291.1M | Add +2.1% |
| KLAC KLA Corp. | 0.51% | 317,420 | $283.3M | Add +2.5% |
| COST Costco Wholesale Corp. | 0.50% | 280,188 | $277.6M | Reduce -1.4% |
| DELL Dell Technologies -C | 0.49% | 2,239,931 | $276.0M | Add +0.7% |
| CVX Chevron Corp. | 0.49% | 1,912,833 | $274.7M | Reduce -10.7% |
| RSG Republic Services Inc. | 0.48% | 1,105,327 | $269.9M | Reduce -0.7% |
| MRSH Marsh & McLennan Cos | 0.46% | 1,193,291 | $258.7M | Add +1.5% |
| WMT Walmart Inc. | 0.46% | 2,640,233 | $257.3M | Reduce -0.4% |
| BKNG Booking Holdings Inc. | 0.45% | 44,018 | $253.3M | Add +1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 2,011,893 | $247.7M | Add +5.7% |
| INTU Intuit Inc. | 0.44% | 314,704 | $246.1M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.43% | 2,172,524 | $238.5M | Add +0.3% |
| ETN Eaton Corp. PLC | 0.42% | 673,631 | $237.7M | Reduce -4.4% |
| ADI Analog Devices Inc. | 0.42% | 999,243 | $236.1M | Reduce -0.7% |
| GILD Gilead Sciences Inc. | 0.40% | 2,040,494 | $226.3M | Reduce -0.8% |
| TXN Texas Instruments Inc. | 0.40% | 1,088,670 | $226.1M | Reduce -2.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.40% | 506,457 | $223.5M | Add +3.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.39% | 439,865 | $220.6M | Add +5.4% |
| XYL Xylem Inc. | 0.38% | 1,656,369 | $213.1M | Add +1.7% |
| AVGO Broadcom Inc. | 0.37% | 757,234 | $208.4M | Add +0.5% |
| MDT Medtronic PLC | 0.36% | 2,351,765 | $203.3M | Reduce -5.0% |
| PGR Progressive Corp. | 0.36% | 762,179 | $201.0M | Add +8.3% |
| AMGN Amgen Inc. | 0.35% | 711,647 | $198.4M | Reduce -7.3% |
| PWR Quanta Services Inc. | 0.35% | 517,038 | $197.2M | Reduce -6.4% |
| BSX Boston Scientific Corp. | 0.35% | 1,844,793 | $195.3M | Add +8.7% |
| CME Cme Group Inc. | 0.34% | 685,973 | $188.4M | Add +0.5% |
| COP Conocophillips | 0.33% | 2,028,920 | $183.5M | Add +10.3% |
| TT Trane Technologies PLC | 0.33% | 419,951 | $182.5M | Add +1.1% |
| PFE Pfizer Inc. | 0.32% | 7,398,373 | $179.7M | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 1,416,537 | $177.3M | Reduce -1.1% |
| SRE Sempra | 0.32% | 2,332,884 | $176.6M | Reduce -1.0% |
| BMY Bristol-Myers Squibb Co. | 0.31% | 3,782,490 | $176.0M | Reduce -2.9% |
| ANSS Ansys Inc. | 0.31% | 503,319 | $175.4M | Add +0.7% |
| STLA Stellantis NV | 0.31% | 16,978,909 | $172.0M | Reduce -6.5% |
| MDLZ Mondelez International Inc. Class A | 0.30% | 2,545,820 | $170.0M | Add +3.6% |
| MCK McKesson Corp. | 0.29% | 227,498 | $165.2M | Add +1.7% |
| COR Cencora Inc. | 0.29% | 543,013 | $161.7M | Add +1.9% |
| CDNS Cadence Design SYS Inc. | 0.28% | 516,204 | $158.0M | Reduce -0.1% |
| PNR Pentair PLC | 0.28% | 1,489,715 | $155.0M | Reduce -5.5% |
| AME Ametek Inc. | 0.27% | 852,057 | $154.1M | Reduce -0.7% |
| AEM Agnico Eagle Mines Ltd. | 0.27% | 1,317,039 | $153.6M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.27% | 816,742 | $148.9M | Add +3.3% |
| ADP Automatic Data Processing | 0.26% | 482,230 | $147.1M | Reduce -3.1% |
| EA Electronic Arts Inc. | 0.26% | 918,463 | $146.5M | Reduce -0.1% |
| RACE Ferrari NV | 0.26% | 296,770 | $145.3M | Add +0.4% |
| NEE Nextera Energy Inc. | 0.26% | 2,158,008 | $144.9M | Add +2.0% |
| MELI MercadoLibre Inc. | 0.26% | 55,537 | $144.7M | Add +3.0% |
| UBS UBS Group AG-Reg | 0.26% | 4,269,505 | $144.1M | Reduce -2.2% |
| WPM Wheaton Precious Metals Corp. | 0.25% | 1,628,243 | $142.6M | Reduce -1.3% |
| EOG EOG Resources Inc. | 0.25% | 1,175,048 | $140.6M | Reduce -8.2% |
| CMCSA Comcast Corp. Class A | 0.25% | 3,965,486 | $139.7M | Reduce -0.9% |
| KR Kroger Co. | 0.25% | 1,954,861 | $139.5M | Add +1.3% |
| MPWR Monolithic Power Systems Inc. | 0.25% | 190,443 | $138.0M | Add +0.2% |
| UNP Union Pacific Corp. | 0.25% | 590,385 | $137.5M | Reduce -3.9% |
| ROK Rockwell Automation Inc. | 0.24% | 417,024 | $137.4M | Reduce -8.7% |
| EW Edwards Lifesciences Corp. | 0.24% | 1,747,168 | $137.0M | Reduce -10.9% |
| HON Honeywell International Inc. | 0.24% | 598,248 | $136.5M | Reduce -11.5% |
Portfolio Sells Q1 2025 → Q2 2025
| JNJ Johnson & Johnson | Reduce -1.6% | 1.20% | −0.23 |
| ABBV Abbvie Inc. | Reduce -0.9% | 1.00% | −0.22 |
| CVX Chevron Corp. | Reduce -10.7% | 0.49% | −0.20 |
| PEP Pepsico Inc. | Reduce -0.3% | 0.65% | −0.16 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.9% | 0.31% | −0.14 |
| MSI Motorola Solutions Inc. | Reduce -8.1% | 0.60% | −0.13 |
| MCD McDonald's Corp. | Reduce -7.6% | 0.53% | −0.13 |
| KO The Coca-Cola Co. | Reduce -0.7% | 0.96% | −0.10 |
| AMGN Amgen Inc. | Reduce -7.3% | 0.35% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.53% | −0.09 |
| BALL Ball Corp. | Reduce -78.2% | 0.03% | −0.09 |
| C Citigroup Inc. | Reduce -47.0% | 0.12% | −0.08 |
| STLA Stellantis NV | Reduce -6.5% | 0.31% | −0.08 |
| FAST Fastenal Co. | Reduce -50.2% | 0.08% | −0.08 |
| REGN Regeneron Pharmaceuticals | Reduce -4.5% | 0.20% | −0.08 |
| CRH CRH PLC | Reduce -6.8% | 0.62% | −0.07 |
| ABT Abbott Laboratories | Reduce -4.4% | 0.61% | −0.07 |
| EOG EOG Resources Inc. | Reduce -8.2% | 0.25% | −0.07 |
| ELV Elevance Health Inc. | Reduce -3.6% | 0.23% | −0.06 |
| SYY Sysco Corp. | Reduce -30.1% | 0.11% | −0.06 |
| MDT Medtronic PLC | Reduce -5.0% | 0.36% | −0.06 |
| GILD Gilead Sciences Inc. | Reduce -0.8% | 0.40% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -93.2% | 0.00% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -3.3% | 0.23% | −0.04 |
| DHR Danaher Corp. | Reduce -4.6% | 0.24% | −0.04 |
| SNA Snap-on Inc. | Reduce -0.8% | 0.23% | −0.04 |
| PLD Prologis Inc. | Reduce -1.7% | 0.23% | −0.04 |
| HON Honeywell International Inc. | Reduce -11.5% | 0.24% | −0.04 |
| RSG Republic Services Inc. | Reduce -0.7% | 0.48% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -0.0% | 0.16% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -0.9% | 0.25% | −0.03 |
| UNP Union Pacific Corp. | Reduce -3.9% | 0.25% | −0.03 |
| EQIX Equinix Inc. | Reduce -10.2% | 0.12% | −0.03 |
| GIS General Mills Inc. | Reduce -5.6% | 0.08% | −0.03 |
| EMN Eastman Chemical Co. | Reduce -5.1% | 0.09% | −0.03 |
| ITW Illinois Tool Works | Reduce -9.0% | 0.15% | −0.03 |
| ADP Automatic Data Processing | Reduce -3.1% | 0.26% | −0.03 |
| EW Edwards Lifesciences Corp. | Reduce -10.9% | 0.24% | −0.03 |
| ZTS Zoetis Inc. | Reduce -10.1% | 0.09% | −0.02 |
| EXPD Expeditors Intl Wash Inc. | Reduce -1.3% | 0.16% | −0.02 |
| NEM Newmont Corp. | Reduce -24.4% | 0.10% | −0.02 |
| AMT American Tower Corp. | Reduce -1.9% | 0.21% | −0.02 |
| CVS CVS Health Corp. | Reduce -2.3% | 0.23% | −0.02 |
| PPG PPG Industries Inc. | Reduce -7.1% | 0.21% | −0.02 |
| ADSK Autodesk Inc. | Reduce -15.3% | 0.21% | −0.02 |
| MMM 3M Co. | Reduce -14.1% | 0.10% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 0.50% | −0.02 |
| PAYX Paychex Inc. | Reduce -0.9% | 0.13% | −0.02 |
| WAT Waters Corp. | Reduce -25.7% | 0.04% | −0.02 |
| SBUX Starbucks Corp. | Reduce -10.0% | 0.06% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +1.4% | 6.51% | +1.26 |
| DB Deutsche Bank AG-Registered | Add +14.0% | 0.95% | +0.23 |
| ORCL Oracle Corp. | Add +2.1% | 0.52% | +0.16 |
| GEV GE Vernova Inc. | New | 0.14% | +0.14 |
| NOW ServiceNow Inc. | Add +1.6% | 0.76% | +0.14 |
| AVGO Broadcom Inc. | Add +0.5% | 0.37% | +0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +5.4% | 0.39% | +0.11 |
| KLAC KLA Corp. | Add +2.5% | 0.51% | +0.11 |
| HD Home Depot Inc. | Add +31.1% | 0.55% | +0.11 |
| DELL Dell Technologies -C | Add +0.7% | 0.49% | +0.10 |
| PM Philip Morris International | Add +6.7% | 0.82% | +0.10 |
| ULS Ul Solutions Inc. Class A | New | 0.09% | +0.09 |
| INTU Intuit Inc. | Add +0.1% | 0.44% | +0.08 |
| SHW The Sherwin-Williams Co. | Add +99.1% | 0.17% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +93.3% | 0.11% | +0.07 |
| VRT Vertiv Holdings Co. Class A | Add +7.3% | 0.15% | +0.07 |
| BKNG Booking Holdings Inc. | Add +1.4% | 0.45% | +0.06 |
| MU Micron Technology Inc. | Add +2.4% | 0.23% | +0.06 |
| YUMC Yum China Holdings Inc. | Add +355.1% | 0.08% | +0.06 |
| TT Trane Technologies PLC | Add +1.1% | 0.33% | +0.06 |
| ACM Aecom | Add +50.0% | 0.14% | +0.06 |
| GE General Electric | Add +9.6% | 0.23% | +0.06 |
| STN Stantec Inc. | Add +39.5% | 0.13% | +0.06 |
| APH Amphenol Corp. Class A | Add +1.5% | 0.19% | +0.05 |
| PH Parker Hannifin Corp. | Add +0.6% | 0.59% | +0.05 |
| AMAT Applied Materials Inc. | Add +3.3% | 0.27% | +0.05 |
| MELI MercadoLibre Inc. | Add +3.0% | 0.26% | +0.05 |
| HWM Howmet Aerospace Inc. | Add +132.2% | 0.06% | +0.04 |
| CSCO Cisco Systems Inc. | Add +0.2% | 1.05% | +0.04 |
| DDOG Datadog Inc. Class A | Add +21.2% | 0.11% | +0.03 |
| MRVL Marvell Technology Inc. | Add +28.6% | 0.09% | +0.03 |
| ODFL Old Dominion Freight Line | Add +283.2% | 0.04% | +0.03 |
| UBER Uber Technologies Inc. | Add +0.9% | 0.16% | +0.03 |
| MPWR Monolithic Power Systems Inc. | Add +0.2% | 0.25% | +0.03 |
| FSLR First Solar Inc. | Add +4.0% | 0.15% | +0.03 |
| SPOT Spotify Technology SA | Add +9.7% | 0.09% | +0.03 |
| BSX Boston Scientific Corp. | Add +8.7% | 0.35% | +0.03 |
| GRMN Garmin Ltd. | Add +1.0% | 0.11% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +2.9% | 0.67% | +0.02 |
| CARR Carrier Global Corp. | Add +6.4% | 0.18% | +0.02 |
| BNTX Biontech SE-ADR | Add +16.9% | 0.09% | +0.02 |
| DXCM Dexcom Inc. | Add +1.5% | 0.13% | +0.02 |
| AXON Axon Enterprise Inc. | Add +34.3% | 0.03% | +0.02 |
| APP AppLovin Corp. Class A | Add +1.8% | 0.08% | +0.02 |
| NTR Nutrien Ltd. | Add +26.2% | 0.06% | +0.01 |
| RACE Ferrari NV | Add +0.4% | 0.26% | +0.01 |
| FN Fabrinet | Add +3.8% | 0.04% | +0.01 |
| DLR Digital Realty Trust Inc. | Add +4.1% | 0.09% | +0.01 |
| SPGI S&P Global Inc. | Add +11.9% | 0.21% | +0.01 |
| SHOP Shopify Inc. Class A | Add +0.3% | 0.11% | +0.01 |
Options Activity Q1 2025 → Q2 2025
| LYFT LYFT Inc. Class A | call | Sold out | 10,000 | $0before exit |
| MRVL Marvell Technology Inc. | call | Sold out | 8,000 | $0before exit |
| MSFT Microsoft Corp. | call | Sold out | 2,000 | $0before exit |
| CRM Salesforce Inc. | call | Sold out | 2,500 | $0before exit |
| SYY Sysco Corp. | put | Sold out | 12,000 | $0before exit |
| VKTX Viking Therapeutics Inc. | call | Sold out | 5,000 | $0before exit |
| W Wayfair Inc. Class A | call | Sold out | 5,000 | $0before exit |
| STLA Stellantis NV | put | Sold out | 975,000 | $0before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,102 | $59.2B | GOOGL, AAPL, MSFT, AMZN, META |
| Q1 2026 | 1,101 | $60.6B | GOOGL, AAPL, MSFT, AMZN, META |
| Q4 2025 | 1,386 | $57.9B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q3 2025 | 1,383 | $59.4B | MSFT, AAPL, GOOGL, AMZN, META |
| Q2 2025 | 1,393 | $56.1B | MSFT, AAPL, AMZN, GOOGL, META |
| Q1 2025 | 1,400 | $51.0B | MSFT, AAPL, AMZN, GOOGL, META |
| Q4 2024 | 1,418 | $54.1B | MSFT, AAPL, GOOGL, AMZN, META |
| Q3 2024 | 1,429 | $53.9B | MSFT, AAPL, GOOGL, AMZN, META |
| Q2 2024 | 1,449 | $55.6B | MSFT, AAPL, GOOGL, NVDA, AMZN |
| Q1 2024Amended | 1,436 | $53.7B | MSFT, NVDA, GOOGL, AMZN, AAPL |