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
1 Amundi 0.52% of their portfolio Paris, I0 74,312,82874.3m $941.5m $941.5m 0.52% Added +6.9m +6,899,029
2 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 73,708,53073.7m $849.1m $849.1m 0.02% Added +1.2m +1,239,734
3 DEUTSCHE BANK AG\ 0.47% of their portfolio FRANKFURT AM MAIN, 2M 70,526,55570.5m $812.5m $812.5m 0.47% Reduced -4.0m -3,960,045
4 Hudson Executive Capital LP 81.32% of their portfolio NEW YORK, NY 67,389,67667.4m $763.9m $763.9m 81.32% Unchanged
5 NORGES BANK 0.12% of their portfolio OSLO, Q8 45,401,40145.4m $514.6m $514.6m 0.12% Reduced -2.2m -2,162,537
6 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 26,964,36027.0m $310.6m $310.6m 0.09% Reduced -5.2m -5,167,012
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 23,839,67723.8m $274.6m $274.6m 0.03% Added +10.0m +10,024,231
8 Cerberus Capital Management, L.P. 5.18% of their portfolio NEW YORK, NY 19,526,25019.5m $221.3m $221.3m 5.18% Unchanged
9 DekaBank Deutsche Girozentrale 0.51% of their portfolio FRANKFURT, 2M 17,079,04517.1m $193.9m $193.9m 0.51% Added +4.4m +4,358,705
10 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.28% of their portfolio FRANKFURT AM MAIN, 2M 13,834,05813.8m $156.4m $156.4m 0.28% Reduced -541.9k -541,877
11 CITIGROUP INC 0.20% of their portfolio NEW YORK, NY 12,250,30112.3m $139.1m $139.1m 0.20% Added +2.0m +1,964,147
12 MARSHALL WACE, LLP 0.28% of their portfolio LONDON, X0 9,569,0909.6m $108.1m $108.1m 0.28% Added +3.3m +3,269,792
13 Odey Asset Management Group Ltd 27.88% of their portfolio LONDON, X0 8,027,0168.0m $92.5m $92.5m 27.88% New
14 COMMERZBANK AKTIENGESELLSCHAFT /FI 5.07% of their portfolio FRANKFURT, 2M 7,062,5907.1m $81.4m $81.4m 5.07% Reduced -80.8k -80,810
15 Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio CHIYODA-KU, TOKYO, M0 6,073,1386.1m $68.9m $68.9m 0.05% Reduced -94.0k -94,029
16 CREDIT SUISSE AG/ 0.07% of their portfolio ZURICH, V8 5,456,6065.5m $62.9m $62.9m 0.07% Reduced -4.2m -4,199,769
17 Russell Investments Group, Ltd. 0.10% of their portfolio Seattle, WA 4,358,4414.4m $49.3m $49.3m 0.10% Added +159.1k +159,111
18 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 4,004,9274.0m $45.3m $45.3m 0.01% Added +160.8k +160,782
19 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,801,4983.8m $43.8m $43.8m 0.01% Reduced -202.2k -202,173
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,720,9643.7m $42.9m $42.9m 0.00% Reduced -82.0k -81,965
21 HSBC HOLDINGS PLC 0.05% of their portfolio LONDON, X0 3,496,6583.5m $39.5m $39.5m 0.05% Reduced -2.0m -2,040,875
22 CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio TORONTO ONTARIO, A6 3,155,1233.2m $35.7m $35.7m 0.06% Reduced -1.5k -1,544
23 MASTERS CAPITAL MANAGEMENT LLC 8.53% of their portfolio ATLANTA, GA 3,000,0003.0m $34.6m $34.6m 8.53% Unchanged
24 THIRD AVENUE MANAGEMENT LLC 5.68% of their portfolio NEW YORK, NY 2,888,3652.9m $32.6m $32.6m 5.68% New
25 Banco Santander, S.A. 0.41% of their portfolio Madrid, U3 2,628,6282.6m $27.8m $27.8m 0.41% Added +1.0m +1,011,414
26 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 2,556,5702.6m $29.5m $29.5m 0.01% Added +66.9k +66,939
27 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 2,373,2502.4m $26.7m $26.7m 0.01% Added +1.1m +1,076,018
28 Allianz Asset Management GmbH 0.06% of their portfolio MUNICH, 2M 2,307,6532.3m $26.1m $26.1m 0.06% Reduced -333.3k -333,339
29 Mitsubishi UFJ Trust & Banking Corp 0.06% of their portfolio TOKYO, M0 2,068,2552.1m $23.3m $23.3m 0.06% Added +906.9k +906,859
30 AVIVA PLC 0.11% of their portfolio LONDON, X0 1,970,7322.0m $22.3m $22.3m 0.11% Added +101.9k +101,897
31 PICTET ASSET MANAGEMENT SA 0.03% of their portfolio GENEVA 73, V8 1,901,9061.9m $21.5m $21.5m 0.03% Added +872.4k +872,405
32 Pendal Group Ltd 0.18% of their portfolio SYDNEY, C3 1,845,0681.8m $20.9m $20.9m 0.18% New
33 AXA S.A. 0.07% of their portfolio PARIS, I0 1,792,7711.8m $20.7m $20.7m 0.07% Reduced -984.4k -984,437
34 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 1,496,8261.5m $17.2m $17.2m 0.06% New
35 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio JUPITER, FL 1,445,4911.4m $16.7m $16.7m 0.09% Reduced -381.9k -381,923
36 Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio ZURICH, V8 1,330,8051.3m $15.0m $15.0m 0.08% Reduced -306.8k -306,784
37 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,240,5241.2m $14.2m $14.2m 0.01% Reduced -41.6k -41,643
38 MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.72% of their portfolio Munich, 2M 1,182,4721.2m $13.4m $13.4m 0.72% Added +989.3k +989,255
39 TWO SIGMA ADVISERS, LP 0.04% of their portfolio NEW YORK, NY 1,164,2921.2m $13.4m $13.4m 0.04% Added +345.8k +345,800
40 BlackRock Inc. 0.00% of their portfolio New York, NY 1,055,2541.1m $12.2m $12.2m 0.00% Reduced -21.7k -21,675
41 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 939,453939.5k $10.8m $10.8m 0.00% Reduced -38.5k -38,501
42 Public Sector Pension Investment Board 0.08% of their portfolio MONTREAL, A8 939,110939.1k $10.6m $10.6m 0.08% Reduced -280.7k -280,672
43 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 865,296865.3k $9.8m $9.8m 0.01% Reduced -19.7k -19,670
44 Korea Investment CORP 0.03% of their portfolio SEOUL, M5 811,180811.2k $9.2m $9.2m 0.03% Reduced -49.0k -49,031
45 Optiver Holding B.V. 0.55% of their portfolio AMSTERDAM, P7 804,026804.0k $9.1m $9.1m 0.55% Added +325.7k +325,741
46 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 798,588798.6k $9.0m $9.0m 0.00% Added +722.1k +722,051
47 Vontobel Holding Ltd. 0.09% of their portfolio ZURICH, V8 766,791766.8k $8.7m $8.7m 0.09% Reduced -352.9k -352,878
48 FMR LLC 0.00% of their portfolio BOSTON, MA 759,997760.0k $8.6m $8.6m 0.00% Added +456.6k +456,621
49 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 688,257688.3k $7.8m $7.8m 0.01% Reduced -688.3k -688,257
50 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 661,938661.9k $7.6m $7.6m 0.01% Added +458.9k +458,900
51 CREDIT AGRICOLE S A 0.28% of their portfolio Montrouge Cedex, I0 652,947652.9k $7.5m $7.5m 0.28% Reduced -131.2k -131,242
52 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 627,833627.8k $7.2m $7.2m 0.01% Added +80.8k +80,768
53 Cubist Systematic Strategies, LLC 0.06% of their portfolio STAMFORD, CT 623,084623.1k $7.2m $7.2m 0.06% Added +146.1k +146,099
54 Susquehanna International Group Ltd. 2.86% of their portfolio DUBLIN, L2 563,680563.7k $6.4m $6.4m 2.86% Added +257.6k +257,633
55 ABEILLE ASSET MANAGEMENT SA 0.04% of their portfolio FRANCE, I0 560,827560.8k $1.0m $1.0m 0.04% Reduced -45.2k -45,197
56 Zurich Insurance Group Ltd/FI 0.09% of their portfolio ZURICH, V8 535,928535.9k $6.1m $6.1m 0.09% Reduced -7.4k -7,397
57 Susquehanna International Securities, Ltd. 3.85% of their portfolio DUBLIN, L2 473,454473.5k $5.3m $5.3m 3.85% Reduced -79.9k -79,935
58 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 457,328457.3k $5.3m $5.3m 0.00% Reduced -31.8k -31,794
59 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 452,361452.4k $5.1m $5.1m 0.01% Reduced -9.0k -8,985
60 OSSIAM 0.13% of their portfolio PARIS, I0 448,000448.0k $5.1m $5.1m 0.13% Reduced -1.6m -1,559,986
61 USS Investment Management Ltd 0.07% of their portfolio London, X0 410,771410.8k $4.7m $4.7m 0.07% Unchanged
62 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 363,500363.5k $4.2m $4.2m 0.00% Added +108.3k +108,255
63 OCCUDO QUANTITATIVE STRATEGIES LP 0.42% of their portfolio FORT LAUDERDALE, FL 314,480314.5k $3.6m $3.6m 0.42% New
64 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 294,478294.5k $3.4m $3.4m 0.01% Added +11.0k +10,995
65 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 293,055293.1k $3.3m $3.3m 0.00% Reduced -16.3k -16,256
66 ROYAL LONDON ASSET MANAGEMENT LTD 0.01% of their portfolio UNITED KINGDOM, X0 281,612281.6k $3.2m $3.2m 0.01% Reduced -1.5k -1,512
67 LGT Group Foundation 0.09% of their portfolio VADUZ, N2 258,011258.0k $2.9m $2.9m 0.09% Added +84.0k +84,038
68 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 253,700253.7k $2.9m $2.9m 0.02% New
69 Vident Investment Advisory, LLC 0.09% of their portfolio Alpharetta, GA 220,520220.5k $2.5m $2.5m 0.09% Added +7.1k +7,077
70 FORSTA AP-FONDEN 0.00% of their portfolio STOCKHOLM, V7 209,077209.1k $0 $0 0.00% Added +10.3k +10,347
71 Walleye Trading LLC 0.06% of their portfolio NEW YORK, NY 202,353202.4k $2.3m $2.3m 0.06% New
72 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 144,747144.7k $1.7m $1.7m 0.05% Reduced -54.7k -54,748
73 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 143,171143.2k $1.6m $1.6m 0.01% Added +16.8k +16,785
74 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 133,660133.7k $1.5m $1.5m 0.01% Unchanged
75 Parallax Volatility Advisers, L.P. 0.04% of their portfolio San Francisco, CA 130,161130.2k $1.5m $1.5m 0.04% Added +28.1k +28,097
76 SIMPLEX TRADING, LLC 0.07% of their portfolio CHICAGO, IL 129,648129.6k $1.5m $1.5m 0.07% New
77 AMERICAN FINANCIAL GROUP INC 0.49% of their portfolio CINCINNATI, OH 127,799127.8k $1.5m $1.5m 0.49% Unchanged
78 Crossmark Global Holdings, Inc. 0.04% of their portfolio HOUSTON, TX 127,060127.1k $1.5m $1.5m 0.04% Reduced -7.4k -7,386
79 Eisler Capital (UK) Ltd. 0.32% of their portfolio LONDON, X0 122,185122.2k $1.3m $1.3m 0.32% Unchanged
80 Achmea Investment Management B.V. 0.04% of their portfolio ZEIST, P7 117,936117.9k $1.2m $1.2m 0.04% Added +64.0k +63,968
81 Assenagon Asset Management S.A. 0.01% of their portfolio SENNINGERBERG, N4 110,208110.2k $1.2m $1.2m 0.01% Added +51.0k +51,044
82 Andra AP-fonden 0.03% of their portfolio GOTEBORG, V7 107,494107.5k $1.1m $1.1m 0.03% Reduced -226.7k -226,657
83 CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio PARIS, I0 104,698104.7k $1.2m $1.2m 0.03% Added +18.1k +18,129
84 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 104,300104.3k $1.2m $1.2m 0.00% Added +9.2k +9,250
85 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 100,711100.7k $1.2m $1.2m 0.00% Added +53.5k +53,476
86 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.03% of their portfolio SAN ANTONIO, TX 99,90299.9k $1.1m $1.1m 0.03% Unchanged
87 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 99,28399.3k $1.1m $1.1m 0.00% Added +73.7k +73,741
88 Ruffer LLP 0.08% of their portfolio LONDON, X0 95,85095.8k $1.1m $1.1m 0.08% Unchanged
89 Mariner, LLC 0.00% of their portfolio Overland Park, KS 94,84594.8k $1.1m $1.1m 0.00% Reduced -9.5k -9,469
90 Y-Intercept (Hong Kong) Ltd 0.16% of their portfolio HONG KONG, K3 92,46092.5k $1.1m $1.1m 0.16% New
91 Metropolitan Life Insurance Co/NY 0.05% of their portfolio New York, NY 90,65790.7k $1.0m $1.0m 0.05% Reduced -6.0k -5,991
92 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,02889.0k $1.0m $1.0m 0.00% Added +42.9k +42,938
93 Legal & General Group Plc 0.00% of their portfolio London, X0 88,80088.8k $1.0m $1.0m 0.00% Added +831 +831
94 Forum Financial Management, LP 0.03% of their portfolio LOMBARD, IL 83,89283.9k $966.4k $966.4k 0.03% Unchanged
95 DRW Securities, LLC 0.19% of their portfolio CHICAGO, IL 80,59280.6k $928.0k $928.0k 0.19% First filing
96 Banque Cantonale Vaudoise 0.05% of their portfolio LAUSANNE, V8 80,09680.1k $904.0k $904.0k 0.05% Unchanged
97 UBS Group AG 0.00% of their portfolio ZURICH, V8 78,79978.8k $907.8k $907.8k 0.00% Reduced -10.0m -10,010,672
98 Wealthspire Advisors, LLC 0.02% of their portfolio NEW YORK, NY 76,84676.8k $885.3k $885.3k 0.02% Reduced -65.7k -65,714
99 Edgestream Partners, L.P. 0.10% of their portfolio Princeton, NJ 76,26576.3k $878.6k $878.6k 0.10% Reduced -425.7k -425,654
100 Metis Global Partners, LLC 0.08% of their portfolio San Diego, CA 75,52775.5k $856.0k $856.0k 0.08% Reduced -8.1k -8,119