Vault-13

DEUTSCHE BANK A G DB

NAMEN AKT · Common Stock · CUSIP D18190898

227 institutional holders +1 vs Q3 2022
559,968,574560.0m shares reported held*
27.5% of all shares outstanding*
$6.5bnreported value*
31 new 78 added 70 reduced 30 sold out net bought ≈ $1.8m (+167.6k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.0m this quarter). Holder counts are more reliable. Shares outstanding: 2.0bn as of 2022-12-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $11.57. Options: 15 managers hold calls ($288.4m notional), 26 hold puts ($603.2m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 226Q4 22: 227227Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022226
Q4 2022227

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600m$800mQ3 22 calls: $240.2mQ3 22 puts: $377.8mQ3 22P/C 1.57Q4 22 calls: $288.4mQ4 22 puts: $603.2mQ4 22P/C 2.09
Numbers
QuarterCallsPutsP/C
Q3 2022$240.2m$377.8m1.57
Q4 2022$288.4m$603.2m2.09

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +10,024,231+10.0m
Odey Asset Management Group Ltd New +8,027,016+8.0m
Amundi Added +6,899,029+6.9m
DekaBank Deutsche Girozentrale Added +4,358,705+4.4m
MARSHALL WACE, LLP Added +3,269,792+3.3m
THIRD AVENUE MANAGEMENT LLC New +2,888,365+2.9m
CITIGROUP INC Added +1,964,147+2.0m
Pendal Group Ltd New +1,845,068+1.8m
TWO SIGMA INVESTMENTS, LP New +1,496,826+1.5m
VANGUARD GROUP INC Added +1,239,734+1.2m

Biggest sellers

UBS Group AG Reduced -10,010,672-10.0m
ACADIAN ASSET MANAGEMENT LLC Sold out -6,803,218-6.8m
GOLDMAN SACHS GROUP INC Reduced -5,167,012-5.2m
CREDIT SUISSE AG/ Reduced -4,199,769-4.2m
DEUTSCHE BANK AG\ Reduced -3,960,045-4.0m
CITADEL ADVISORS LLC Sold out -3,637,003-3.6m
NORGES BANK Reduced -2,162,537-2.2m
HSBC HOLDINGS PLC Reduced -2,040,875-2.0m
Twin Tree Management, LP Reduced -1,649,268-1.6m
OSSIAM Reduced -1,559,986-1.6m

Biggest calls

UBS Group AG Added $78.9m6.9m shares
HSBC HOLDINGS PLC Reduced $54.5m4.8m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $53.7m4.7m shares
MASTERS CAPITAL MANAGEMENT LLC Unchanged $46.1m4.0m shares
CITIGROUP INC Reduced $24.7m2.2m shares
GOLDMAN SACHS GROUP INC Reduced $12.7m1.1m shares
CITADEL ADVISORS LLC Reduced $6.7m580.1k shares
BANK OF AMERICA CORP /DE/ Reduced $4.6m400.0k shares
Parallax Volatility Advisers, L.P. Unchanged $2.1m185.1k shares
Miller Value Partners, LLC Unchanged $1.7m150.0k shares

Biggest puts

Optiver Holding B.V. Added $196.2m17.3m shares
GOLDMAN SACHS GROUP INC Reduced $143.4m12.5m shares
Deer Park Road Corp New $63.4m5.5m shares
UBS Group AG Reduced $37.8m3.3m shares
Rokos Capital Management LLP New $36.3m3.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $24.4m2.1m shares
BANK OF AMERICA CORP /DE/ Added $15.6m1.4m shares
HSBC HOLDINGS PLC Reduced $13.7m1.2m shares
JPMORGAN CHASE & CO Reduced $13.1m1.1m shares
GROUP ONE TRADING LLC Reduced $10.4m906.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
101 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 72,35572.4k $833.5k $833.5k 0.02% New
102 Campbell & CO Investment Adviser LLC 0.19% of their portfolio BALTIMORE, MD 70,51370.5k $799.0k $799.0k 0.19% Added +24.6k +24,639
103 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 65,32665.3k $753.0k $753.0k 0.00% Reduced -126 -126
104 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 65,06265.1k $750.0k $750.0k 0.01% Reduced -82.8k -82,849
105 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 63,99664.0k $737.2k $737.2k 0.00% Added +15.4k +15,406
106 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 63,11163.1k $721.9k $721.9k 0.01% Added +3.0k +2,985
107 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 61,97662.0k $714.0k $714.0k 0.00% Added +15.2k +15,200
108 Bayesian Capital Management, LP 0.10% of their portfolio Brooklyn, NY 58,62658.6k $675.4k $675.4k 0.10% Reduced -31.4k -31,400
109 Vanguard Personalized Indexing Management, LLC 0.03% of their portfolio OAKLAND, CA 57,45357.5k $661.9k $661.9k 0.03% Reduced -10.5k -10,542
110 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 57,43557.4k $662.0k $662.0k 0.01% New
111 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 56,91756.9k $656.0k $656.0k 0.00% New
112 TWO SIGMA SECURITIES, LLC 0.09% of their portfolio NEW YORK, NY 56,36856.4k $649.4k $649.4k 0.09% New
113 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 55,57655.6k $640.2k $640.2k 0.01% Reduced -4.0k -4,014
114 PATHSTONE FAMILY OFFICE, LLC 0.01% of their portfolio ENGLEWOOD, NJ 55,43855.4k $1.1m $1.1m 0.01% Added +4.3k +4,288
115 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 54,35554.4k $626.2k $626.2k 0.00% Reduced -2.1k -2,139
116 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 53,77453.8k $619.5k $619.5k 0.00% New
117 M&G INVESTMENT MANAGEMENT LTD 0.00% of their portfolio London, X0 53,03153.0k $624.5k $624.5k 0.00% Reduced -452.1k -452,147
118 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 52,35452.4k $593.4k $593.4k 0.01% Reduced -465 -465
119 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 51,09651.1k $590.0k $590.0k 0.00% Reduced -1.5m -1,498,398
120 Laird Norton Wetherby Wealth Management, LLC 0.04% of their portfolio Seattle, WA 49,71049.7k $572.7k $572.7k 0.04% Added +3.9k +3,889
121 First Trust Direct Indexing L.P. 0.07% of their portfolio Boston, MA 46,73346.7k $538.4k $538.4k 0.07% Added +2.3k +2,324
122 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 46,68146.7k $537.8k $537.8k 0.00% Reduced -9.0k -9,000
123 Gifford Fong Associates 0.12% of their portfolio LAFAYETTE, CA 45,00045.0k $518.0k $518.0k 0.12% Unchanged
124 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 44,25044.2k $509.8k $509.8k 0.00% Added +6.9k +6,939
125 Quantinno Capital Management LP 0.04% of their portfolio NEW YORK, NY 43,82643.8k $505.0k $505.0k 0.04% New
126 Waterfront Wealth Inc. 0.19% of their portfolio OVERLAND PARK, KS 41,46241.5k $556.8k $556.8k 0.19% Reduced -359 -359
127 Freedom Investment Management, Inc. 0.05% of their portfolio SOUTH WINDSOR, CT 41,24041.2k $475.1k $475.1k 0.05% Added +19.9k +19,919
128 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 38,00038.0k $437.8k $437.8k 0.00% Unchanged
129 COMERICA BANK 0.00% of their portfolio DALLAS, TX 37,15837.2k $479.0k $479.0k 0.00% Added +37 +37
130 HIGHLAND CAPITAL MANAGEMENT, LLC 0.03% of their portfolio MEMPHIS, TN 36,99037.0k $426.0k $426.0k 0.03% Added +1.7k +1,700
131 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 36,46836.5k $420.0k $420.0k 0.01% New
132 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 36,22336.2k $417.3k $417.3k 0.00% Added +4.1k +4,124
133 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 35,03135.0k $403.6k $403.6k 0.00% Added +2.4k +2,400
134 YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BLOOMFIELD HILLS, MI 34,54834.5k $398.0k $398.0k 0.01% Unchanged
135 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 34,29234.3k $389.0k $389.0k 0.00% Added +1.6k +1,581
136 Cipher Capital LP 0.07% of their portfolio New York, NY 33,86433.9k $390.1k $390.1k 0.07% New
137 Twin Tree Management, LP 0.01% of their portfolio DALLAS, TX 32,96033.0k $379.7k $379.7k 0.01% Reduced -1.6m -1,649,268
138 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 31,30931.3k $360.7k $360.7k 0.00% Reduced -3.4k -3,374
139 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 29,91529.9k $344.6k $344.6k 0.00% Reduced -4.5k -4,504
140 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 28,91628.9k $333.1k $333.1k 0.00% Reduced -57.8k -57,800
141 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 27,87427.9k $318.8k $318.8k 0.00% Reduced -24.9k -24,868
142 HOLLENCREST CAPITAL MANAGEMENT 0.04% of their portfolio NEWPORT BEACH, CA 27,20027.2k $313.3k $313.3k 0.04% Unchanged
143 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 26,69726.7k $307.5k $307.5k 0.01% Added +5.4k +5,400
144 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 26,39526.4k $304.0k $304.0k 0.02% Unchanged
145 swisspartners Ltd. 0.36% of their portfolio VADUZ, N2 25,10025.1k $284.4k $284.4k 0.36% Unchanged
146 Pinnacle Holdings, LLC 0.13% of their portfolio TULSA, OK 24,90024.9k $286.8k $286.8k 0.13% Unchanged
147 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 23,96624.0k $276.1k $276.1k 0.00% Added +1.2k +1,196
148 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 23,85023.9k $275.0k $275.0k 0.01% Added +23.3k +23,292
149 SEVEN EIGHT CAPITAL, LP 0.07% of their portfolio New York, NY 23,82023.8k $274.4k $274.4k 0.07% New
150 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 23,07823.1k $266.0k $266.0k 0.00% Added +1.1k +1,060
151 Massachusetts Wealth Management 0.29% of their portfolio NORTH ANDOVER, MA 22,50022.5k $301.1k $301.1k 0.29% First filing
152 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 22,36922.4k $257.7k $257.7k 0.00% Added +6.7k +6,663
153 Legacy Financial Advisors, Inc. 0.05% of their portfolio COVINGTON, KY 21,56421.6k $248.4k $248.4k 0.05% Added +685 +685
154 Diligent Investors, LLC 0.08% of their portfolio REDLANDS, CA 20,50020.5k $236.2k $236.2k 0.08% Added +10.0k +10,000
155 Dorsey & Whitney Trust CO LLC 0.02% of their portfolio SIOUX FALLS, SD 19,98920.0k $230.3k $230.3k 0.02% Added +2.9k +2,907
156 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 19,85119.9k $228.7k $228.7k 0.01% Added +1.5k +1,458
157 Cutler Group LLC / CA 0.03% of their portfolio SAN FRANCISCO, CA 19,15219.2k $220.0k $220.0k 0.03% Reduced -304 -304
158 QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio CINCINNATI, OH 18,69618.7k $215.4k $215.4k 0.02% Added +4.3k +4,287
159 HERON FINANCIAL GROUP, LLC 0.15% of their portfolio NEW YORK, NY 18,69018.7k $226.9k $226.9k 0.15% Unchanged
160 Intellectus Partners, LLC 0.07% of their portfolio SAN FRANCISCO, CA 18,47018.5k $212.8k $212.8k 0.07% Unchanged
161 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 17,58017.6k $203.0k $203.0k 0.01% Unchanged
162 Strategic Global Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 17,49917.5k $201.6k $201.6k 0.03% New
163 Investors Research Corp 0.05% of their portfolio ATLANTA, GA 17,43117.4k $200.8k $200.8k 0.05% Unchanged
164 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 17,28117.3k $198.8k $198.8k 0.00% First filing
165 Bank Pictet & Cie (Europe) AG 0.01% of their portfolio FRANKFURT AM MAIN, 2M 16,40016.4k $185.3k $185.3k 0.01% Unchanged
166 SAL Trading, LLC 0.38% of their portfolio Wilmington, DE 15,60015.6k $179.7k $179.7k 0.38% Reduced -411.6k -411,600
167 ATLAS CAPITAL ADVISORS INC. 0.03% of their portfolio JACKSON, WY 14,70914.7k $169.4k $169.4k 0.03% Unchanged
168 MERIDIAN INVESTMENT COUNSEL INC. 0.06% of their portfolio LAFAYETTE, CA 14,00014.0k $161.0k $161.0k 0.06% Unchanged
169 ADVISOR PARTNERS II, LLC 0.01% of their portfolio WALNUT CREEK, CA 13,74013.7k $158.3k $158.3k 0.01% Added +2.0k +1,997
170 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 11,99312.0k $138.2k $138.2k 0.00% Reduced -42.9k -42,860
171 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 11,50511.5k $132.5k $132.5k 0.00% Added +10 +10
172 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 10,99211.0k $126.6k $126.6k 0.00% Reduced -623 -623
173 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 10,72010.7k $124.0k $124.0k 0.01% Added +702 +702
174 Clarius Group, LLC 0.01% of their portfolio SEATTLE, WA 10,38110.4k $120.0k $120.0k 0.01% New
175 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,27410.3k $118.0k $118.0k 0.00% Reduced -5 -5
176 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 10,01810.0k $115.4k $115.4k 0.00% New
177 NBT BANK, N.A. 0.02% of their portfolio NORWICH, NY 10,00010.0k $113.9k $113.9k 0.02% Unchanged
178 Verdence Capital Advisors LLC 0.01% of their portfolio HUNT VALLEY, MD 10,00010.0k $115.2k $115.2k 0.01% New
179 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 9,2729.3k $106.1k $106.1k 0.00% Added +699 +699
180 Miller Value Partners, LLC 0.01% of their portfolio SARASOTA, FL 8,0008.0k $92.2k $92.2k 0.01% Added +3.0k +3,000
181 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 6,5426.5k $75.1k $75.1k 0.00% Unchanged
182 EDMOND DE ROTHSCHILD HOLDING S.A. 0.00% of their portfolio CHAMBESY, V8 6,0256.0k $68.0k $68.0k 0.00% Unchanged
183 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 5,8655.9k $91.0k $91.0k 0.00% Added +4.4k +4,440
184 Lindbrook Capital, LLC 0.01% of their portfolio CALABASAS, CA 5,6735.7k $65.4k $65.4k 0.01% Reduced -111 -111
185 EverSource Wealth Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 5,5245.5k $63.6k $63.6k 0.01% Reduced -2.7k -2,693
186 Rosenberg Matthew Hamilton 0.02% of their portfolio GRAND JUNCTION, CO 4,0004.0k $46.1k $46.1k 0.02% Unchanged
187 CWM, LLC 0.00% of their portfolio OMAHA, NE 3,7503.8k $43.0k $43.0k 0.00% Added +2.2k +2,250
188 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 3,5883.6k $26.0k $26.0k 0.00% Added +3.0k +3,036
189 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,4413.4k $39.6k $39.6k 0.00% Added +99 +99
190 Grove Bank & Trust 0.01% of their portfolio Miami, FL 3,3003.3k $38.0k $38.0k 0.01% New
191 Anchor Investment Management, LLC 0.00% of their portfolio COLUMBIA, SC 3,0003.0k $34.6k $34.6k 0.00% Reduced -1.5k -1,500
192 Zions Bancorporation, N.A. 0.00% of their portfolio SALT LAKE CITY, UT 2,8662.9k $33.0k $33.0k 0.00% Added +42 +42
193 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,5002.5k $29.0k $29.0k 0.00% Added +1.0k +1,000
194 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 2,2502.2k $25.9k $25.9k 0.00% Unchanged
195 AlphaMark Advisors, LLC 0.01% of their portfolio FT. WRIGHT, KY 2,2002.2k $25.0k $25.0k 0.01% Unchanged
196 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 1,2171.2k $14.0k $14.0k 0.00% New
197 Glassman Wealth Services 0.00% of their portfolio VIENNA, VA 1,0131.0k $11.7k $11.7k 0.00% Added +114 +114
198 GHP Investment Advisors, Inc. 0.00% of their portfolio Denver, CO 992992 $11.4k $11.4k 0.00% Added +192 +192
199 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 782782 $9.0k $9.0k 0.00% Reduced -432 -432
200 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 748748 $9.0k $9.0k 0.00% Added +208 +208