Vault-13

DEUTSCHE BANK A G DB

NAMEN AKT · Common Stock · CUSIP D18190898

250 institutional holders +2 vs Q1 2023
469,162,651469.2m shares reported held*
$4.9bnreported value*
34 new 82 added 83 reduced 32 sold out net sold ≈ $491.4m (-47.4m 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.52. Options: 18 managers hold calls ($366.7m notional), 29 hold puts ($443.3m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 226Q4 22: 227Q1 23: 248Q2 23: 250250Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022226
Q4 2022227
Q1 2023248
Q2 2023250

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 109 bought or addedQ4 22: 100 cut or sold outQ4 22Q1 23: 130 bought or addedQ1 23: 95 cut or sold outQ1 23Q2 23: 116 bought or addedQ2 23: 115 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022109100
Q1 202313095
Q2 2023116115

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 2.09Q1 23 calls: $405.9mQ1 23 puts: $592.9mQ1 23P/C 1.46Q2 23 calls: $366.7mQ2 23 puts: $443.3mQ2 23P/C 1.21
Numbers
QuarterCallsPutsP/C
Q3 2022$240.2m$377.8m1.57
Q4 2022$288.4m$603.2m2.09
Q1 2023$405.9m$592.9m1.46
Q2 2023$366.7m$443.3m1.21

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +11,752,609+11.8m
JPMORGAN CHASE & CO Added +2,784,472+2.8m
DekaBank Deutsche Girozentrale Added +2,263,810+2.3m
NORGES BANK Added +2,023,811+2.0m
UBS Group AG Added +1,551,338+1.6m
AVIVA PLC Added +1,296,612+1.3m
SYCOMORE ASSET MANAGEMENT Added +1,107,547+1.1m
VANGUARD GROUP INC Added +1,020,212+1.0m
MASTERS CAPITAL MANAGEMENT LLC Added +1,000,000+1.0m
TWO SIGMA ADVISERS, LP Added +581,731+581.7k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -18,288,968-18.3m
DEUTSCHE BANK AG\ Reduced -13,522,231-13.5m
ACADIAN ASSET MANAGEMENT LLC Reduced -9,114,814-9.1m
Amundi Reduced -7,877,775-7.9m
Optiver Holding B.V. Sold out -5,335,651-5.3m
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Reduced -3,352,651-3.4m
Susquehanna International Securities, Ltd. Reduced -2,940,594-2.9m
CITIGROUP INC Reduced -2,914,865-2.9m
CREDIT AGRICOLE S A Reduced -2,583,625-2.6m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,147,255-1.1m

Biggest calls

UBS Group AG Added $178.9m17.0m shares
HSBC HOLDINGS PLC Added $67.9m6.5m shares
GOLDMAN SACHS GROUP INC Reduced $63.9m6.1m shares
CITIGROUP INC Reduced $25.1m2.4m shares
CITADEL ADVISORS LLC Reduced $8.3m791.0k shares
BANK OF AMERICA CORP /DE/ Added $6.8m650.0k shares
Eisler Capital (UK) Ltd. Reduced $5.8m550.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.5m236.0k shares
MILLENNIUM MANAGEMENT LLC Unchanged $2.4m250.0k shares
Walleye Trading LLC Reduced $2.1m198.5k shares

Biggest puts

GOLDMAN SACHS GROUP INC Reduced $87.3m8.3m shares
UBS Group AG Reduced $57.2m5.4m shares
Eisler Capital (UK) Ltd. Added $44.8m4.2m shares
HSBC HOLDINGS PLC Added $41.5m3.9m shares
BANK OF AMERICA CORP /DE/ Added $36.1m3.4m shares
JPMORGAN CHASE & CO Reduced $35.5m3.4m shares
GROUP ONE TRADING LLC Reduced $31.6m3.0m shares
CITIGROUP INC Reduced $31.2m3.0m shares
Optiver Holding B.V. Reduced $20.0m1.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.8m928.0k 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 Q2 2023

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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
101 BIT Capital GmbH 0.12% of their portfolio BERLIN, 2M 99,956100.0k $1.1m $1.1m 0.12% New
102 Banque Cantonale Vaudoise 0.04% of their portfolio LAUSANNE, V8 86,56786.6k $907.0k $907.0k 0.04% Added +8.5k +8,471
103 Metropolitan Life Insurance Co/NY 0.04% of their portfolio New York, NY 84,06784.1k $882.1k $882.1k 0.04% New
104 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 83,61983.6k $880.5k $880.5k 0.01% New
105 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 81,76981.8k $861.0k $861.0k 0.00% Reduced -30.2k -30,239
106 Forum Financial Management, LP 0.02% of their portfolio LOMBARD, IL 79,92879.9k $841.6k $841.6k 0.02% Unchanged
107 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 77,47777.5k $815.0k $815.0k 0.03% Added +727 +727
108 Y-Intercept (Hong Kong) Ltd 0.09% of their portfolio HONG KONG, K3 76,54576.5k $806.0k $806.0k 0.09% Reduced -66.9k -66,888
109 Cipher Capital LP 0.13% of their portfolio New York, NY 74,75174.8k $787.1k $787.1k 0.13% New
110 WOLVERINE TRADING, LLC 0.01% of their portfolio CHICAGO, IL 70,26170.3k $728.6k $728.6k 0.01% Reduced -42.6k -42,565
111 Vanguard Personalized Indexing Management, LLC 0.02% of their portfolio OAKLAND, CA 69,04069.0k $726.9k $726.9k 0.02% Added +9.0k +8,981
112 Metis Global Partners, LLC 0.04% of their portfolio San Diego, CA 65,87265.9k $691.3k $691.3k 0.04% Reduced -8.1k -8,073
113 Susquehanna International Securities, Ltd. 0.62% of their portfolio DUBLIN, L2 63,70963.7k $670.9k $670.9k 0.62% Reduced -2.9m -2,940,594
114 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 60,00060.0k $629.7k $629.7k 0.01% New
115 PEAK6 Investments LLC 0.05% of their portfolio CHICAGO, IL 59,57359.6k $627.3k $627.3k 0.05% New
116 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.02% of their portfolio SAN ANTONIO, TX 59,50859.5k $624.5k $624.5k 0.02% Unchanged
117 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 58,29858.3k $613.9k $613.9k 0.00% Added +4.0k +4,008
118 LMR Partners LLP 0.01% of their portfolio LONDON, X0 56,00056.0k $588.8k $588.8k 0.01% New
119 Blueshift Asset Management, LLC 0.23% of their portfolio RED BANK, NJ 55,99056.0k $589.6k $589.6k 0.23% New
120 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 55,84155.8k $588.0k $588.0k 0.00% Added +2.5k +2,500
121 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 55,42755.4k $584.0k $584.0k 0.00% Reduced -1.4k -1,367
122 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 54,52654.5k $574.0k $574.0k 0.03% Added +3.1k +3,122
123 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 51,74851.7k $544.9k $544.9k 0.00% Reduced -1.4k -1,354
124 Intellectus Partners, LLC 0.16% of their portfolio SAN FRANCISCO, CA 51,63551.6k $543.7k $543.7k 0.16% Unchanged
125 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 50,15050.1k $528.1k $528.1k 0.02% Added +150 +150
126 Wealthspire Advisors, LLC 0.01% of their portfolio NEW YORK, NY 50,00050.0k $526.5k $526.5k 0.01% Reduced -60.0k -60,000
127 OSSIAM 0.01% of their portfolio PARIS, I0 49,81649.8k $522.7k $522.7k 0.01% Reduced -255.4k -255,428
128 Waterfront Wealth Inc. 0.17% of their portfolio OVERLAND PARK, KS 48,55548.6k $558.8k $558.8k 0.17% Added +1.8k +1,842
129 IMC-Chicago, LLC 0.02% of their portfolio CHICAGO, IL 48,19448.2k $507.5k $507.5k 0.02% Added +18.5k +18,477
130 Zurich Insurance Group Ltd/FI 0.01% of their portfolio ZURICH, V8 46,46646.5k $487.7k $487.7k 0.01% Unchanged
131 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 45,89245.9k $483.2k $483.2k 0.00% Added +1.7k +1,746
132 First Trust Direct Indexing L.P. 0.05% of their portfolio Boston, MA 45,33245.3k $477.3k $477.3k 0.05% Reduced -777 -777
133 Gifford Fong Associates 0.11% of their portfolio LAFAYETTE, CA 45,00045.0k $474.0k $474.0k 0.11% Unchanged
134 Laird Norton Wetherby Wealth Management, LLC 0.03% of their portfolio Seattle, WA 44,85144.9k $472.3k $472.3k 0.03% Reduced -494 -494
135 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 44,17044.2k $465.1k $465.1k 0.00% Reduced -899 -899
136 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 43,63543.6k $459.5k $459.5k 0.00% Added +4.5k +4,528
137 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 43,54243.5k $457.0k $457.0k 0.00% Added +7.8k +7,750
138 RITHOLTZ WEALTH MANAGEMENT 0.02% of their portfolio NEW YORK, NY 42,08842.1k $443.2k $443.2k 0.02% New
139 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 40,13140.1k $422.6k $422.6k 0.00% Added +3.6k +3,579
140 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 39,48039.5k $415.7k $415.7k 0.00% Reduced -10.0k -10,000
141 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 39,48039.5k $415.7k $415.7k 0.00% Reduced -10.0k -10,000
142 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 38,94538.9k $410.1k $410.1k 0.00% Added +4.7k +4,676
143 INNEALTA CAPITAL, LLC 0.16% of their portfolio AUSTIN, TX 38,28438.3k $403.1k $403.1k 0.16% New
144 GABELLI FUNDS LLC 0.00% of their portfolio Rye, NY 38,00038.0k $400.1k $400.1k 0.00% Unchanged
145 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 36,11236.1k $380.3k $380.3k 0.02% New
146 Ruffer LLP 0.02% of their portfolio LONDON, X0 35,85035.9k $377.1k $377.1k 0.02% Unchanged
147 HIGHLAND CAPITAL MANAGEMENT, LLC 0.02% of their portfolio MEMPHIS, TN 35,79035.8k $376.9k $376.9k 0.02% Reduced -1.1k -1,050
148 YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BLOOMFIELD HILLS, MI 35,13835.1k $370.0k $370.0k 0.00% Added +590 +590
149 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 33,11433.1k $348.7k $348.7k 0.00% Reduced -1.1k -1,135
150 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 32,80432.8k $345.4k $345.4k 0.00% New
151 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 32,49132.5k $342.1k $342.1k 0.00% Reduced -239 -239
152 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 31,21331.2k $328.7k $328.7k 0.00% Reduced -3.6k -3,625
153 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 30,86730.9k $325.0k $325.0k 0.01% New
154 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 30,13230.1k $317.3k $317.3k 0.01% Reduced -19.2k -19,229
155 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 29,34829.3k $309.0k $309.0k 0.00% New
156 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 27,27427.3k $287.2k $287.2k 0.00% Added +17.1k +17,113
157 HOLLENCREST CAPITAL MANAGEMENT 0.03% of their portfolio NEWPORT BEACH, CA 27,21627.2k $286.6k $286.6k 0.03% Unchanged
158 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 26,05726.1k $271.3k $271.3k 0.00% Reduced -75.4k -75,449
159 Legacy Financial Advisors, Inc. 0.05% of their portfolio COVINGTON, KY 25,21125.2k $265.5k $265.5k 0.05% Added +1.1k +1,109
160 Pinnacle Holdings, LLC 0.12% of their portfolio TULSA, OK 24,90024.9k $262.2k $262.2k 0.12% Unchanged
161 Radnor Capital Management, LLC 0.11% of their portfolio WAYNE, PA 24,80024.8k $261.0k $261.0k 0.11% Unchanged
162 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 24,57224.6k $258.7k $258.7k 0.00% Reduced -918 -918
163 SIGNATUREFD, LLC 0.01% of their portfolio ATLANTA, GA 23,85223.9k $251.2k $251.2k 0.01% Added +3.8k +3,802
164 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 23,79223.8k $242.9k $242.9k 0.00% Unchanged
165 TOTH FINANCIAL ADVISORY CORP 0.04% of their portfolio LEESBURG, VA 23,50023.5k $247.5k $247.5k 0.04% New
166 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 22,41522.4k $236.0k $236.0k 0.00% Added +9.1k +9,065
167 Massachusetts Wealth Management 0.21% of their portfolio NORTH ANDOVER, MA 20,80020.8k $219.0k $219.0k 0.21% Unchanged
168 Diligent Investors, LLC 0.06% of their portfolio REDLANDS, CA 20,50020.5k $215.9k $215.9k 0.06% Unchanged
169 Essex Financial Services, Inc. 0.02% of their portfolio ESSEX, CT 20,18420.2k $212.5k $212.5k 0.02% New
170 PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio ENGLEWOOD, NJ 19,90019.9k $208.9k $208.9k 0.00% Reduced -2.9k -2,892
171 Virtu Financial LLC 0.02% of their portfolio New York, NY 19,88219.9k $209.0k $209.0k 0.02% Reduced -64.7k -64,703
172 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio VICTORIA, A1 19,51519.5k $204.8k $204.8k 0.00% Reduced -32.9k -32,945
173 QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio CINCINNATI, OH 19,26319.3k $202.8k $202.8k 0.02% Added +479 +479
174 HERON FINANCIAL GROUP, LLC 0.11% of their portfolio NEW YORK, NY 18,69018.7k $196.8k $196.8k 0.11% Unchanged
175 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 18,59518.6k $196.0k $196.0k 0.01% Reduced -3.8k -3,800
176 Dorsey & Whitney Trust CO LLC 0.02% of their portfolio SIOUX FALLS, SD 18,16518.2k $191.3k $191.3k 0.02% Reduced -931 -931
177 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 17,58017.6k $185.1k $185.1k 0.00% Unchanged
178 Strategic Global Advisors, LLC 0.03% of their portfolio NEWPORT BEACH, CA 17,55317.6k $184.8k $184.8k 0.03% Reduced -63 -63
179 Investors Research Corp 0.05% of their portfolio ATLANTA, GA 16,98117.0k $178.8k $178.8k 0.05% Unchanged
180 WEALTH EFFECTS LLC 0.08% of their portfolio BOSTON, MA 16,70016.7k $175.9k $175.9k 0.08% Unchanged
181 ATLAS CAPITAL ADVISORS INC. 0.03% of their portfolio JACKSON, WY 16,59416.6k $174.7k $174.7k 0.03% Unchanged
182 ADVISOR PARTNERS II, LLC 0.01% of their portfolio WALNUT CREEK, CA 16,54216.5k $174.2k $174.2k 0.01% Added +3.1k +3,059
183 MQS Management LLC 0.12% of their portfolio NEW YORK, NY 16,38616.4k $172.5k $172.5k 0.12% Reduced -2.5k -2,507
184 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 15,58615.6k $164.1k $164.1k 0.01% Reduced -21.4k -21,352
185 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 15,30515.3k $161.0k $161.0k 0.00% Added +5.0k +5,031
186 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 14,09014.1k $148.4k $148.4k 0.00% First filing
187 MERIDIAN INVESTMENT COUNSEL INC. 0.05% of their portfolio LAFAYETTE, CA 14,00014.0k $147.4k $147.4k 0.05% Unchanged
188 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 13,97014.0k $147.1k $147.1k 0.00% New
189 Marathon Trading Investment Management LLC 0.08% of their portfolio RADNOR, PA 12,50012.5k $131.6k $131.6k 0.08% New
190 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 12,14312.1k $127.9k $127.9k 0.00% Reduced -503 -503
191 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 11,57311.6k $121.9k $121.9k 0.01% New
192 Bank Pictet & Cie (Europe) AG 0.00% of their portfolio FRANKFURT AM MAIN, 2M 11,53011.5k $121.0k $121.0k 0.00% Reduced -14.7k -14,700
193 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 11,46011.5k $120.7k $120.7k 0.00% Unchanged
194 LAKE STREET ADVISORS GROUP, LLC 0.01% of their portfolio PORTSMOUTH, NH 11,43911.4k $121.0k $121.0k 0.01% Added +1.2k +1,227
195 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 11,28911.3k $118.9k $118.9k 0.00% New
196 AlphaQ Advisors LLC 0.09% of their portfolio Winter Park, FL 10,97411.0k $115.6k $115.6k 0.09% Added +5 +5
197 Deuterium Capital Management, LLC 0.14% of their portfolio Clearwater, FL 10,37910.4k $99.8k $99.8k 0.14% New
198 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 10,11910.1k $106.6k $106.6k 0.00% Reduced -281 -281
199 NBT BANK, N.A. 0.01% of their portfolio NORWICH, NY 10,00010.0k $104.9k $104.9k 0.01% Unchanged
200 FNY Investment Advisers, LLC 0.12% of their portfolio NEW YORK, NY 9,0009.0k $94.0k $94.0k 0.12% Added +2.6k +2,551