Deutsche Bank AG-RegisteredDB
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 492 institutions reported holding Deutsche Bank AG-Registered (DB) in their 13F filings, up 61 from Q3 2025. 77 opened new positions and 39 sold out. The largest holders were Vanguard Group Inc. ($3.1B), Capital International Investors ($2.6B) and Deutsche Bank AG ($2.2B). 9 famous investors held it, including David Tepper (1.8% of Appaloosa's portfolio), Jeremy Grantham (0.4% of GMO's portfolio) and Ken Fisher (0.4% of Fisher Asset Management's portfolio).
- Company
- Deutsche Bank AG-Registered
- CUSIP
- D18190898
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 77 | $306.8M |
| Exits | 39 | $1.1B |
All 13F filers, Q3 2025 → Q4 2025: 43,806,914 shares bought and 106,599,009 shares sold, net −62,792,095 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 492 holders
| Vanguard Group Inc. | 0.04% | Add +1.3% | 80,119,806 | $3.1B |
| Capital International Investors | 0.41% | Reduce -19.4% | 66,506,600 | $2.6B |
| Deutsche Bank AG | 0.71% | Reduce -34.0% | 56,750,099 | $2.2B |
| Amundi | 0.63% | Add +8.7% | 53,920,096 | $2.1B |
| UBS Group AG | 0.24% | Add +4.4% | 31,268,175 | $1.2B |
| Fisher Asset Management | 0.36% | Add +3.7% | 27,398,661 | $1.1B |
| Acadian Asset Management LLC | 1.27% | Add +5.8% | 19,876,273 | $772.9M |
| DekaBank Deutsche Girozentrale | 1.22% | Reduce -11.4% | 17,786,599 | $704.4M |
| Goldman Sachs Group Inc. | 0.09% | Reduce -4.2% | 16,725,910 | $645.0M |
| Legal & General Group Plc | 0.13% | Add +2.3% | 14,664,607 | $570.3M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.50% | Add +2.3% | 14,619,298 | $564.6M |
| Causeway Capital Management LLC | 7.59% | Reduce -19.4% | 14,194,354 | $551.7M |
| Norges Bank | 0.06% | — | 13,705,195 | $532.4M |
| FMR LLC | 0.02% | Add +4.2% | 12,519,558 | $487.1M |
| Bank of America Corp. | 0.03% | Reduce -5.4% | 11,700,990 | $451.2M |
| Franklin Resources Inc. | 0.09% | Reduce -10.2% | 8,933,075 | $343.7M |
| Entrust Global Partners L L C | 69.48% | Reduce -9.6% | 12,145,573 | $342.4M |
| AQR Capital Management | 0.16% | Add +2731.8% | 7,969,257 | $309.5M |
| JPMorgan Chase & Co. | 0.02% | Reduce -38.0% | 7,293,341 | $281.2M |
| Janus Henderson Group PLC | 0.12% | Reduce -20.0% | 6,938,180 | $271.0M |
| Citigroup Inc. | 0.16% | Add +52.0% | 5,960,521 | $231.8M |
| Credit Agricole S A | 0.64% | Reduce -10.6% | 5,995,534 | $231.2M |
| Liontrust Investment Partners LLP | 3.29% | Add +8.3% | 5,702,338 | $221.7M |
| Marshall Wace, LLP | 0.21% | Add +2836.0% | 5,518,473 | $214.4M |
| Morgan Stanley | 0.01% | Add +3.2% | 4,693,952 | $181.0M |
| Invesco Ltd. | 0.02% | Add +24.5% | 4,289,794 | $165.4M |
| Caisse de depot et placement du Quebec | 0.27% | Add +104.2% | 4,128,475 | $160.5M |
| Banco Santander, S.A. | 1.17% | Add +4.7% | 4,068,622 | $156.9M |
| GMO | 0.38% | Reduce -9.3% | 3,822,714 | $148.7M |
| Artemis Investment Management LLP | 1.72% | Add +25.5% | 3,663,603 | $142.3M |
| Nuveen, LLC | 0.04% | Reduce -1.7% | 3,503,238 | $136.2M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.16% | New | 4,092,647 | $135.5M |
| Commerzbank Aktiengesellschaft | 2.56% | Add +4.3% | 3,258,795 | $125.7M |
| Appaloosa | 1.77% | Reduce -16.9% | 3,150,000 | $121.5M |
| Russell Investments Group, Ltd. | 0.13% | Reduce -5.0% | 3,122,270 | $121.4M |
| Bank of New York Mellon Corp | 0.02% | Reduce -0.6% | 3,142,981 | $121.2M |
| Capital International, Inc. | 0.95% | Reduce -39.0% | 3,091,176 | $120.3M |
| Canada Pension Plan Investment Board | 0.07% | Add +43.3% | 2,871,076 | $111.5M |
| Manufacturers Life Insurance Company, The | 0.09% | Add +2.7% | 2,779,904 | $108.1M |
| Allianz Asset Management GmbH | 0.11% | Add +17.2% | 2,460,331 | $95.7M |
| Aviva PLC | 0.14% | Add +3.4% | 2,091,968 | $81.3M |
| Northern Trust Corp. | 0.01% | Add +0.3% | 2,083,155 | $80.3M |
| BlackRock, Inc. | 0.00% | Reduce -0.9% | 1,988,144 | $76.7M |
| Royal Bank of Canada | 0.01% | Reduce -3.1% | 1,849,265 | $71.3M |
| Korea Investment CORP | 0.14% | Reduce -27.8% | 1,816,547 | $70.6M |
| Jane Street Group, LLC | 0.08% | Reduce -19.3% | 1,817,598 | $70.1M |
| Lazard Asset Management LLC | 0.11% | Add +26.9% | 1,737,872 | $67.5M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.14% | Add +1.0% | 1,632,150 | $63.5M |
| Pictet Asset Management Holding SA | 0.06% | Add +14.9% | 1,578,952 | $61.4M |
| Capital International Sarl | 0.97% | Reduce -0.3% | 1,559,237 | $60.6M |
| Public Sector Pension Investment Board | 0.19% | Reduce -10.4% | 1,432,217 | $55.6M |
| Groupe la Francaise | 0.73% | Add +64.9% | 1,291,643 | $50.2M |
| Edmond DE Rothschild Holding S.A. | 0.68% | Add +0.5% | 1,229,612 | $47.8M |
| Public Employees Retirement System of Ohio | 0.14% | Add +1.9% | 1,185,994 | $46.1M |
| Moore Capital Management, LP | 0.97% | Add +86.4% | 1,177,988 | $45.8M |
| Millennium Management | 0.03% | Add +20.0% | 1,153,101 | $44.5M |
| American Century Companies Inc. | 0.02% | Reduce -3.7% | 1,129,857 | $43.6M |
| Wells Fargo & Company | 0.01% | Add +2.7% | 1,116,240 | $43.0M |
| Bank of Montreal | 0.02% | Add +4.5% | 1,066,295 | $41.4M |
| Intech Investment Management LLC | 0.34% | Reduce -22.6% | 980,976 | $38.1M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -8.8% | 857,485 | $33.1M |
| Point72 Asset Management | 0.05% | New | 800,643 | $30.9M |
| Capital International Ltd. | 1.09% | Reduce -6.3% | 791,389 | $30.8M |
| State of Wisconsin Investment Board | 0.07% | New | 767,538 | $29.8M |
| HSBC Holdings PLC | 0.02% | Reduce -38.2% | 739,050 | $28.7M |
| Raymond James Financial Inc. | 0.01% | Add +1.0% | 745,191 | $28.7M |
| Lansforsakringar Fondforvaltning AB (publ) | 0.14% | Add +0.0% | 739,012 | $28.7M |
| Mutual of America Capital Management LLC | 0.29% | No change | 715,593 | $27.8M |
| TD Asset Management Inc | 0.02% | Reduce -0.5% | 661,394 | $25.7M |
| Capital Group Private Client Services, Inc. | 0.41% | Reduce -8.9% | 660,092 | $25.7M |
| Alliancebernstein L.P. | 0.01% | Reduce -12.9% | 664,920 | $25.6M |
| Citadel Advisors | 0.02% | Reduce -10.1% | 648,564 | $25.0M |
| Compagnie Lombard Odier SCmA | 0.27% | Add +10.5% | 629,334 | $24.5M |
| Zurich Insurance Group Ltd | 0.16% | Add +20.3% | 590,902 | $23.0M |
| Quantinno Capital Management LP | 0.05% | Add +20.9% | 590,425 | $22.8M |
| O'shaughnessy Asset Management, LLC | 0.12% | Reduce -2.2% | 574,990 | $22.2M |
| Martin Investment Management, LLC | 5.67% | New | 525,950 | $20.3M |
| Landesbank Baden-Wuerttemberg | 3.57% | — | 499,628 | $19.5M |
| Intesa Sanpaolo S.p.A. | 1.25% | — | 498,995 | $19.4M |
| Philadelphia Financial Management of San Francisco, LLC | 3.48% | Add +4.9% | 436,262 | $16.8M |
| ASR Vermogensbeheer N.V. | 0.20% | Add +0.3% | 431,904 | $16.8M |
| Royal London Asset Management Ltd. | 0.03% | Reduce -4.0% | 372,453 | $14.4M |
| Wellington Management Group LLP | 0.00% | Reduce -84.8% | 364,750 | $14.2M |
| Westend Capital Management, LLC | 3.90% | Add +1.4% | 360,749 | $13.9M |
| Natixis Advisors, LLC | 0.02% | Reduce -16.6% | 359,703 | $13.9M |
| Mediolanum International Funds Ltd | 0.14% | Add +28.2% | 350,432 | $13.6M |
| Vontobel Holding Ltd. | 0.04% | Reduce -8.5% | 347,740 | $13.5M |
| Baader Bank Aktiengesellschaft | 1.12% | Add +3.6% | 346,255 | $13.5M |
| First Trust Advisors LP | 0.01% | Reduce -33.1% | 342,598 | $13.3M |
| Generali Asset Management SPA SGR | 0.27% | Reduce -1.9% | 400,958 | $13.3M |
| Third Avenue Management LLC | 2.36% | New | 337,193 | $13.0M |
| Worldquant Millennium Advisors LLC | 0.05% | Add +65.3% | 331,962 | $12.9M |
| Prudential PLC | 0.10% | Add +1.7% | 326,336 | $12.7M |
| National Bank of Canada | 0.01% | Reduce -0.1% | 328,049 | $12.7M |
| Assetmark, Inc. | 0.03% | Add +9.3% | 323,424 | $12.5M |
| Tudor Investment Corporation | 0.07% | Reduce -9.1% | 313,973 | $12.1M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +12.8% | 311,271 | $12.0M |
| Mackenzie Financial Corp. | 0.01% | Add +67.2% | 294,181 | $11.4M |
| SIH Partners, LLLP | 0.66% | Add +41.2% | 295,267 | $11.4M |
| USS Investment Management Ltd | 0.06% | No change | 285,171 | $11.1M |
"% of holder's portfolio" is DB's weight in each manager's 13F, not the share of Deutsche Bank AG-Registered the manager owns.