Q2 2026 13F · SEC CIK 948046

Deutsche Bank Ag\

Bank & trustFiled 2026-08-07 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $343.9B
Reported positions: 3,585
Top holdings a year, 3 yrs: +30.3%
Average holding period: 8.3 yrs

Deutsche Bank Ag\ is a bank & trust that reported 3,585 positions worth $343.9B in its Q2 2026 13F, filed 2026-08-07. Its largest holdings were Nvidia Corporation (NVDA, 5.3%), Apple Inc (AAPL, 4.0%), Microsoft Corp (MSFT, 3.5%). A portfolio copying its top holdings returned 30.3% a year over the last 3 years, against 24.0% for the S&P 500.

Deutsche Bank Ag\ holdings largest 50 of 3,585 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Deutsche Bank Ag\ 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	5.3%	5.2%	91,954,159	+2.3%	$18.4B
AAPLApple Inc	4.0%	3.9%	47,201,961	+1.4%	$13.7B
MSFTMicrosoft Corp	3.5%	4.0%	32,564,249	-0.2%	$12.1B
GOOGLAlphabet Inc	3.2%	2.8%	30,552,576	+4.0%	$10.9B
AMZNAmazon Com Inc	2.4%	2.2%	35,278,110	+9.2%	$8.4B
GOOGAlphabet Inc	1.8%	1.6%	17,313,729	+5.6%	$6.1B
AVGOBroadcom Inc	1.6%	1.5%	14,986,674	+1.3%	$5.7B
MUMicron Technology Inc	1.6%	0.5%	4,794,836	+2.7%	$5.5B
METAMeta Platforms Inc	1.5%	1.6%	9,247,543	+6.7%	$5.2B
AMDAdvanced Micro Devices Inc	1.4%	0.6%	8,030,571	-2.8%	$4.7B
LLYEli Lilly & Co	1.2%	1.1%	3,379,627	-4.7%	$4.1B
TSLATesla Inc	1.2%	1.0%	9,603,163	+18.2%	$4.0B
JNJJohnson & Johnson	1.2%	1.2%	15,661,323	+8.5%	$4.0B
INTCIntel Corp	1.0%	0.4%	24,778,473	-10.7%	$3.5B
TTETotalenergies SE	1.0%	1.3%	43,577,836	+1.5%	$3.4B
VVisa Inc	0.9%	0.9%	8,889,958	+0.9%	$3.1B
AMATApplied Matls Inc	0.8%	0.7%	3,997,687	-38.4%	$2.9B
ABBVAbbvie Inc	0.8%	0.7%	10,772,949	+13.0%	$2.7B
DBDeutsche Bk AG	0.8%	0.7%	76,744,247	+9.8%	$2.6B
JPMJpmorgan Chase & Co	0.8%	0.8%	7,909,780	-4.8%	$2.6B
AZNAstrazeneca PLC	0.7%	0.8%	12,640,672	+4.2%	$2.4B
BACBank of Amer Corp	0.7%	0.7%	41,403,518	-10.3%	$2.4B
WMTWalmart Inc	0.6%	0.5%	18,607,297	+54.0%	$2.1B
CSCOCisco Sys Inc	0.6%	0.4%	17,001,568	+1.4%	$2.0B
LINLinde PLC	0.6%	0.6%	3,673,891	+1.0%	$1.9B
LRCXLam Research Corp	0.6%	—	4,390,915	—	$1.9B
MAMastercard Incorporated	0.5%	0.5%	3,678,859	+17.7%	$1.9B
ENBEnbridge Inc	0.5%	0.6%	34,135,814	-1.3%	$1.9B
BKNGBooking Holdings Inc	0.5%	0.5%	9,488,249	+2662.4%	$1.7B
BRK-BBerkshire Hathaway Inc Del	0.5%	0.6%	3,273,809	-8.2%	$1.6B
NEENextera Energy Inc	0.5%	0.5%	18,216,533	+2.9%	$1.6B
ANETArista Networks Inc	0.5%	0.4%	9,357,496	+4.3%	$1.6B
MRKMerck & Co Inc	0.4%	0.5%	11,964,180	-4.6%	$1.5B
STXSeagate Technology Hldngs Pl	0.4%	—	1,591,694	—	$1.5B
ABTAbbott Laboratories	0.4%	0.5%	16,706,669	+18.6%	$1.5B
PANWPalo Alto Networks Inc	0.4%	—	4,343,546	—	$1.5B
XOMExxon Mobil Corp	0.4%	0.7%	10,691,402	-11.0%	$1.5B
CATCaterpillar Inc	0.4%	—	1,364,014	—	$1.5B
MDTMedtronic PLC	0.4%	0.5%	18,449,877	-2.9%	$1.4B
NFLXNetflix Inc.	0.4%	0.6%	20,124,118	+9.6%	$1.4B
PGProcter & Gamble Co	0.4%	0.4%	9,712,971	+6.5%	$1.4B
COSTCostco Wholesale Corporation	0.4%	0.4%	1,463,192	+8.1%	$1.4B
AEMAgnico Eagle Mines Ltd	0.4%	0.6%	8,780,754	+0.6%	$1.4B
SNDKSandisk Corp	0.4%	—	593,382	—	$1.3B
KOCoca Cola Co	0.4%	0.4%	16,563,611	+7.1%	$1.3B
WMBWilliams Cos	0.4%	0.5%	17,615,045	-7.1%	$1.3B
KLACKla Corp	0.4%	—	4,081,615	—	$1.2B
APHAmphenol Corp	0.4%	—	6,911,994	—	$1.2B
PLTRPalantir Technologies Inc	0.3%	0.5%	10,257,866	+1.1%	$1.2B
UBSUbs Group AG	0.3%	0.4%	24,147,522	-24.4%	$1.2B

What Deutsche Bank Ag\ bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

BKNG Booking Holdings Inc+2662.4% shares
WMT Walmart Inc+54.0% shares
ABT Abbott Laboratories+18.6% shares
TSLA Tesla Inc+18.2% shares
MA Mastercard Incorporated+17.7% shares
ABBV Abbvie Inc+13.0% shares
DB Deutsche Bk AG+9.8% shares
NFLX Netflix Inc.+9.6% shares

Reduced

AMAT Applied Matls Inc-38.4% shares
UBS Ubs Group AG-24.4% shares
XOM Exxon Mobil Corp-11.0% shares
INTC Intel Corp-10.7% shares
BAC Bank of Amer Corp-10.3% shares
BRK-B Berkshire Hathaway Inc Del-8.2% shares
WMB Williams Cos-7.1% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +21.3% /yr; S&P 500 +20.1%
3 years: +30.3% /yr; S&P 500 +24.0%
5 years: +14.3% /yr; S&P 500 +11.8%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$343.9B	3,585
Q1 2026	$302.3B	3,506
Q4 2025	$306.7B	3,502
Q3 2025	$298.0B	3,477
Q2 2025	$271.1B	3,479
Q1 2025	$251.9B	3,462
Q4 2024	$254.9B	3,445
Q4 2023	$195.6B	3,488
Q3 2023	$154.4B	3,549
Q2 2023	$187.8B	3,644
Q1 2023	$179.2B	3,731
Q4 2022	$173.4B	3,805

Questions about Deutsche Bank Ag\'s portfolio

What stocks does Deutsche Bank Ag\ own?

Deutsche Bank Ag\'s latest 13F, for Q2 2026 and filed Aug 7, 2026, lists 3,585 positions worth $343.9B. The largest are Nvidia Corporation (NVDA) at 5.3%, Apple Inc (AAPL) at 4.0%, Microsoft Corp (MSFT) at 3.5%, Alphabet Inc (GOOGL) at 3.2% and Amazon Com Inc (AMZN) at 2.4%.

What did Deutsche Bank Ag\ buy last quarter?

In Q2 2026, Deutsche Bank Ag\ added Booking Holdings Inc (BKNG) (+2662.4% shares), Walmart Inc (WMT) (+54.0% shares) and Abbott Laboratories (ABT) (+18.6% shares), compared with its Q1 2026 filing.

What did Deutsche Bank Ag\ sell last quarter?

In Q2 2026, Deutsche Bank Ag\ cut from its top 50 Pepsico Inc (PEP), cut from its top 50 American Tower Corp (AMT), cut from its top 50 Slb Limited (SLB), cut from its top 50 Equinix Inc (EQIX), cut from its top 50 Chevron Corporation (CVX), Applied Matls Inc (AMAT) (-38.4% shares), Ubs Group AG (UBS) (-24.4% shares) and Exxon Mobil Corp (XOM) (-11.0% shares), compared with its Q1 2026 filing.

How has Deutsche Bank Ag\'s portfolio performed?

A portfolio copying Deutsche Bank Ag\'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +30.3% a year over the last 3 years, against +24.0% for the S&P 500. Over 1 year: +21.3% against +20.1%. Over 5 years: +14.3% a year against +11.8%.

When is Deutsche Bank Ag\'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Deutsche Bank Ag\'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.