DEUTSCHE BANK A G DB
NAMEN AKT · Common Stock · CUSIP D18190898
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* 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 ($20.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.78. Options: 18 managers hold calls ($2.0bn notional), 23 hold puts ($1.3bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 226 |
| Q4 2022 | 227 |
| Q1 2023 | 248 |
| Q2 2023 | 250 |
| Q3 2023 | 248 |
| Q4 2023 | 271 |
| Q1 2024 | 270 |
| Q2 2024 | 295 |
| Q3 2024 | 299 |
| Q4 2024 | 318 |
| Q1 2025 | 355 |
| Q2 2025 | 421 |
| Q3 2025 | 433 |
| Q4 2025 | 494 |
| Q1 2026 | 477 |
| Q2 2026 | 505 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 144 | 124 |
| Q4 2024 | 166 | 100 |
| Q1 2025 | 205 | 118 |
| Q2 2025 | 259 | 132 |
| Q3 2025 | 241 | 199 |
| Q4 2025 | 262 | 170 |
| Q1 2026 | 211 | 261 |
| Q2 2026 | 251 | 216 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $780.6m | $1.6bn | 2.00 |
| Q4 2025 | $313.6m | $870.7m | 2.78 |
| Q1 2026 | $361.8m | $1.2bn | 3.33 |
| Q2 2026 | $2.0bn | $1.3bn | 0.62 |
Biggest buyers
| Bank of New York Mellon Corp | Added | +7.9m |
| DEUTSCHE BANK AG\ | Added | +6.9m |
| GOLDMAN SACHS GROUP INC | Added | +6.6m |
| DIMENSIONAL FUND ADVISORS LP | New | +6.2m |
| Liontrust Investment Partners LLP | New | +6.1m |
| ROYAL BANK OF CANADA | Added | +4.9m |
| CITIGROUP INC | Added | +4.5m |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Added | +4.4m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +3.9m |
| Banco Santander, S.A. | Added | +3.5m |
Biggest sellers
| Capital International Investors | Reduced | -23.3m |
| COMMERZBANK AKTIENGESELLSCHAFT /FI | Reduced | -3.7m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -3.3m |
| JPMORGAN CHASE & CO | Reduced | -3.1m |
| UBS Group AG | Reduced | -2.8m |
| Capital World Investors | Reduced | -1.8m |
| Amundi | Reduced | -1.7m |
| MORGAN STANLEY | Reduced | -1.2m |
| Legal & General Group Plc | Reduced | -1.1m |
| Point72 Asset Management, L.P. | Reduced | -1.1m |
Biggest calls
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | New | $1.4bn41.1m shares |
| SIH Partners, LLLP | Added | $370.9m11.0m shares |
| HSBC HOLDINGS PLC | Reduced | $82.0m2.4m shares |
| UBS Group AG | Reduced | $71.8m2.1m shares |
| CITIGROUP INC | Added | $32.2m950.0k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $23.0m681.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.5m460.5k shares |
| Vontobel Holding Ltd. | New | $11.3m333.5k shares |
| CITADEL ADVISORS LLC | Added | $7.2m212.0k shares |
| JANE STREET GROUP, LLC | Added | $5.5m162.0k shares |
Biggest puts
| SIH Partners, LLLP | Reduced | $473.5m14.0m shares |
| JPMORGAN CHASE & CO | Added | $205.2m6.1m shares |
| UBS Group AG | Added | $179.3m5.3m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $132.0m3.9m shares |
| CITIGROUP INC | Added | $62.0m1.8m shares |
| HSBC HOLDINGS PLC | Reduced | $56.3m1.7m shares |
| Optiver Holding B.V. | Added | $34.3m1.0m shares |
| Qube Research & Technologies Ltd | Reduced | $28.6m846.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.7m730.9k shares |
| Groupe la Francaise | Unchanged | $12.7m375.0k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Compound Planning, Inc. 0.04% of their portfolio | 39.7k $1.3m | Added +4.7k |
| Ethic Inc. 0.02% of their portfolio | 39.5k $1.3m | Added +20.4k |
| MAVERICK CAPITAL LTD 0.01% of their portfolio | 38.8k $1.3m | Added +15.0k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 38.0k $1.3m | Unchanged |
| GeoWealth Management, LLC 0.04% of their portfolio | 37.8k $1.3m | Added +9.3k |
| Plato Investment Management Ltd 0.07% of their portfolio | 37.0k $1.2m | Reduced -30.4k |
| GC Wealth Management RIA, LLC 0.07% of their portfolio | 36.9k $1.2m | Added +11.6k |
| Optiver Holding B.V. 0.02% of their portfolio | 36.8k $1.2m | Added +2.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 36.6k $1.2m | Added +21.2k |
| Sequoia Financial Advisors, LLC 0.01% of their portfolio | 35.0k $1.2m | Reduced -8.8k |
| Essex Financial Services, Inc. 0.06% of their portfolio | 34.2k $1.2m | Unchanged |
| MASECO LLP 0.03% of their portfolio | 34.0k $1.1m | New |
| Caprock Group, LLC 0.02% of their portfolio | 33.8k $1.1m | Reduced -1.0k |
| Bleakley Financial Group, LLC 0.01% of their portfolio | 33.5k $1.1m | Reduced -51.7k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 33.5k $1.1m | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 33.4k $1.1m | Reduced -21.8k |
| NewEdge Wealth, LLC 0.01% of their portfolio | 32.9k $1.1m | Reduced -13.6k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 32.5k $1.1m | Added +2.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 30.9k $1.0m | Added +1.9k |
| NLB Skladi, upravljanje premozenja, d.o.o. 0.04% of their portfolio | 30.4k $1.0m | Reduced -3.4k |
| SYON CAPITAL LLC 0.04% of their portfolio | 29.4k $991.3k | Added +1.1k |
| Themes Management Co LLC 0.64% of their portfolio | 28.7k $968.7k | Reduced -4.0k |
| Merit Financial Group, LLC 0.01% of their portfolio | 28.6k $966.8k | Added +15.8k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 27.9k $941.7k | Added +1.5k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio | 27.7k $935.2k | Added +14.3k |
| PARK AVENUE SECURITIES LLC 0.01% of their portfolio | 27.4k $925.0k | Added +55 |
| XTX Topco Ltd 0.01% of their portfolio | 27.4k $925.0k | Reduced -31.6k |
| HOLLENCREST CAPITAL MANAGEMENT 0.06% of their portfolio | 27.2k $918.8k | Unchanged |
| ATLAS CAPITAL ADVISORS INC. 0.10% of their portfolio | 25.8k $869.9k | Added +3.0k |
| ASHTON THOMAS SECURITIES, LLC 0.13% of their portfolio | 25.4k $856.9k | Added +7.9k |
| Graham Capital Management, L.P. 0.02% of their portfolio | 25.2k $851.1k | Added +2.3k |
| Strategic Global Advisors, LLC 0.13% of their portfolio | 25.1k $885.3k | Added +9.4k |
| Baron Wealth Management LLC 0.22% of their portfolio | 25.0k $842.5k | Added +98 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 24.9k $842.2k | Reduced -6.3k |
| Capital Group Private Client Services, Inc. 0.01% of their portfolio | 24.9k $843.8k | Reduced -212.0k |
| Pinnacle Holdings, LLC 0.26% of their portfolio | 24.9k $840.6k | Unchanged |
| Waterfront Wealth Inc. 0.14% of their portfolio | 24.5k $877.9k | Reduced -59 |
| Henshaw Capital LLC 0.03% of their portfolio | 24.5k $828.5k | Unchanged |
| Kathmere Capital Management, LLC 0.04% of their portfolio | 24.5k $828.0k | Added +3.4k |
| HIGHLAND CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 24.1k $815.0k | Added +50 |
| IMC-Chicago, LLC 0.01% of their portfolio | 23.3k $787.6k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 22.8k $771.0k | Reduced -1.1k |
| Aprio Wealth Management, LLC 0.04% of their portfolio | 22.8k $771.0k | Added +203 |
| PINNACLE ASSOCIATES LTD 0.01% of their portfolio | 22.8k $769.4k | Reduced -11.9k |
| CHOREO, LLC 0.01% of their portfolio | 22.5k $759.6k | Reduced -899 |
| Jain Global LLC 0.01% of their portfolio | 22.4k $757.1k | New |
| Versant Capital Management, Inc 0.07% of their portfolio | 22.4k $756.5k | Added +612 |
| GLENMEDE TRUST CO NA 0.00% of their portfolio | 22.4k $755.7k | Reduced -3.3k |
| Ashton Thomas Private Wealth, LLC 0.02% of their portfolio | 22.4k $755.5k | New |
| Caitong International Asset Management Co., Ltd 0.10% of their portfolio | 22.3k $753.7k | Added +18.5k |
| Axxion S.A. 0.05% of their portfolio | 21.6k $731.1k | First filing |
| Sterling Capital Management LLC 0.01% of their portfolio | 21.4k $720.8k | Added +3.8k |
| Dorsey & Whitney Trust CO LLC 0.03% of their portfolio | 21.0k $708.4k | Added +1.2k |
| M&T Bank Corp 0.00% of their portfolio | 20.8k $703.3k | Added +1.6k |
| HighTower Advisors, LLC 0.00% of their portfolio | 20.4k $690.0k | Reduced -78 |
| LEUTHOLD GROUP, LLC 0.07% of their portfolio | 20.4k $687.5k | Reduced -244.2k |
| Venturi Wealth Management, LLC 0.03% of their portfolio | 20.3k $684.1k | Reduced -12.3k |
| Diligent Investors, LLC 0.15% of their portfolio | 20.0k $675.2k | Unchanged |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio | 19.3k $652.7k | Reduced -7.0k |
| WINTON GROUP Ltd 0.02% of their portfolio | 19.3k $651.6k | New |
| Summit Trail Advisors, LLC 0.01% of their portfolio | 19.3k $650.6k | Added +1.6k |
| Ballentine Partners, LLC 0.01% of their portfolio | 19.1k $644.8k | Reduced -798 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 19.0k $642.3k | Added +348 |
| Fullerton Fund Management Co Ltd. 0.04% of their portfolio | 19.0k $641.9k | Added +7.2k |
| Westerkirk Capital Inc. 0.06% of their portfolio | 18.5k $623.2k | Unchanged |
| M&G PLC 0.00% of their portfolio | 17.8k $610.4k | Reduced -427.2k |
| USS Investment Management Ltd 0.00% of their portfolio | 17.6k $593.2k | Reduced -270.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 16.7k $563.2k | Reduced -115.0k |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 16.3k $548.8k | Reduced -37.5k |
| Smartleaf Asset Management LLC 0.02% of their portfolio | 15.9k $538.9k | Unchanged |
| OceanIQ Capital, LLC 0.37% of their portfolio | 15.9k $606.5k | First filing |
| CSS LLC/IL 0.02% of their portfolio | 15.7k $531.4k | Reduced -2.0k |
| TWO SIGMA SECURITIES, LLC 0.05% of their portfolio | 15.6k $528.1k | New |
| Qsemble Capital Management, LP 0.07% of their portfolio | 15.5k $523.2k | Reduced -29.1k |
| denkapparat Operations GmbH 0.17% of their portfolio | 15.3k $516.2k | Unchanged |
| FCG Investment Co 0.18% of their portfolio | 15.0k $506.9k | Reduced -22.8k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 14.9k $502.4k | Added +4.8k |
| Atria Investments, Inc 0.00% of their portfolio | 14.7k $497.9k | Reduced -9.6k |
| D'Orazio & Associates, Inc. 0.06% of their portfolio | 14.7k $496.8k | Added +11 |
| DRIVE WEALTH MANAGEMENT, LLC 0.09% of their portfolio | 14.6k $494.3k | Added +2.3k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 14.3k $482.0k | New |
| Trexquant Investment LP 0.00% of their portfolio | 14.0k $471.3k | Reduced -38.7k |
| Vise Technologies, Inc. 0.01% of their portfolio | 13.8k $467.6k | Reduced -3.9k |
| HUB Investment Partners, LLC 0.01% of their portfolio | 13.7k $463.7k | Reduced -285 |
| State of Wyoming 0.05% of their portfolio | 13.5k $456.1k | New |
| GTS SECURITIES LLC 0.01% of their portfolio | 12.9k $436.8k | Added +67 |
| 111 Capital 0.07% of their portfolio | 12.8k $434.1k | Reduced -66.4k |
| HB Wealth Management, LLC 0.00% of their portfolio | 12.7k $428.7k | Added +1.2k |
| Sageworth Trust Co 0.02% of their portfolio | 12.7k $427.6k | Reduced -10.5k |
| Oslo Pensjonsforsikring AS 0.05% of their portfolio | 12.4k $420.0k | New |
| Savant Capital, LLC 0.00% of their portfolio | 12.4k $422.2k | Added +2.1k |
| MAI Capital Management 0.00% of their portfolio | 12.3k $414.9k | Added +6.5k |
| Parallel Advisors, LLC 0.01% of their portfolio | 12.0k $406.7k | Added +636 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 11.8k $398.3k | Reduced -307 |
| Pinnacle Wealth Planning Services, Inc. 0.04% of their portfolio | 11.7k $396.1k | Added +2.9k |
| Sivia Capital Partners, LLC 0.05% of their portfolio | 11.6k $390.0k | Reduced -4.8k |
| SAGESPRING WEALTH PARTNERS, LLC 0.01% of their portfolio | 11.5k $389.3k | Added +22 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 11.3k $383.2k | Reduced -6.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 11.1k $375.3k | Added +3.6k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 10.6k $357.0k | Reduced -3.6k |