Vault-13

DEUTSCHE BANK A G DB

NAMEN AKT · Common Stock · CUSIP D18190898

295 institutional holders +25 vs Q1 2024
576,526,449576.5m shares reported held*
$9.2bnreported value*
48 new 125 added 79 reduced 21 sold out net sold ≈ $185.3m (-11.6m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.99. Options: 14 managers hold calls ($401.5m notional), 24 hold puts ($498.3m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 226Q4 22: 227Q1 23: 248Q2 23: 250Q3 23: 248Q4 23: 271Q1 24: 270Q2 24: 295295Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022226
Q4 2022227
Q1 2023248
Q2 2023250
Q3 2023248
Q4 2023271
Q1 2024270
Q2 2024295

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 outQ2 23: 116 bought or addedQ2 23: 115 cut or sold outQ2 23Q3 23: 109 bought or addedQ3 23: 112 cut or sold outQ4 23: 150 bought or addedQ4 23: 81 cut or sold outQ4 23Q1 24: 133 bought or addedQ1 24: 107 cut or sold outQ2 24: 173 bought or addedQ2 24: 100 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022109100
Q1 202313095
Q2 2023116115
Q3 2023109112
Q4 202315081
Q1 2024133107
Q2 2024173100

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 23 calls: $274.1mQ3 23 puts: $492.0mQ3 23P/C 1.80Q4 23 calls: $185.9mQ4 23 puts: $664.5mQ4 23P/C 3.57Q1 24 calls: $288.9mQ1 24 puts: $650.7mQ1 24P/C 2.25Q2 24 calls: $401.5mQ2 24 puts: $498.3mQ2 24P/C 1.24
Numbers
QuarterCallsPutsP/C
Q3 2023$274.1m$492.0m1.80
Q4 2023$185.9m$664.5m3.57
Q1 2024$288.9m$650.7m2.25
Q2 2024$401.5m$498.3m1.24

Biggest buyers

DEUTSCHE BANK AG\ Added +25,715,685+25.7m
Capital International Investors Added +24,631,154+24.6m
Legal & General Group Plc Added +16,463,520+16.5m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +3,818,028+3.8m
MARSHALL WACE, LLP Added +2,420,905+2.4m
Grantham, Mayo, Van Otterloo & Co. LLC Added +2,038,732+2.0m
UBS Group AG Added +1,364,817+1.4m
JUPITER ASSET MANAGEMENT LTD Added +1,350,920+1.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,037,476+1.0m
TWO SIGMA ADVISERS, LP New +900,323+900.3k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -22,485,129-22.5m
Cerberus Capital Management, L.P. Sold out -15,526,250-15.5m
BANK OF AMERICA CORP /DE/ Reduced -9,474,845-9.5m
Amundi Reduced -9,415,648-9.4m
COMMERZBANK AKTIENGESELLSCHAFT /FI Sold out -7,521,776-7.5m
MORGAN STANLEY Reduced -6,403,573-6.4m
ACADIAN ASSET MANAGEMENT LLC Reduced -5,205,036-5.2m
Sumitomo Mitsui Trust Group, Inc. Sold out -4,731,598-4.7m
NORGES BANK Reduced -3,119,284-3.1m
JPMORGAN CHASE & CO Reduced -2,772,714-2.8m

Biggest calls

UBS Group AG Added $147.0m9.2m shares
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Added $124.6m7.8m shares
HSBC HOLDINGS PLC Reduced $69.6m4.4m shares
GOLDMAN SACHS GROUP INC Reduced $32.9m2.1m shares
CITIGROUP INC Reduced $8.9m556.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $6.4m400.0k shares
CITADEL ADVISORS LLC Reduced $4.1m259.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.2m137.8k shares
Walleye Capital LLC Added $2.0m128.4k shares
Parallax Volatility Advisers, L.P. Added $1.6m97.9k shares

Biggest puts

GOLDMAN SACHS GROUP INC Reduced $106.2m6.7m shares
UBS Group AG Reduced $104.8m6.6m shares
BANK OF AMERICA CORP /DE/ Added $74.9m4.7m shares
JPMORGAN CHASE & CO Added $54.5m3.4m shares
MILLENNIUM MANAGEMENT LLC Added $45.8m3.1m shares
HSBC HOLDINGS PLC Reduced $29.7m1.9m shares
Optiver Holding B.V. Reduced $25.0m1.6m shares
PEAK6 Investments LLC Added $15.3m960.1k shares
CITIGROUP INC Reduced $15.2m949.0k shares
GROUP ONE TRADING LLC Reduced $8.7m547.7k 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 2024

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 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DEUTSCHE BANK AG\ 0.59% of their portfolio FRANKFURT AM MAIN, 2M 82,501,40782.5m $1.3bn $1.3bn 0.59% Added +25.7m +25,715,685
2 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 78,271,83378.3m $1.2bn $1.2bn 0.02% Reduced -1.7m -1,656,428
3 Capital International Investors 0.24% of their portfolio Los Angeles, CA 73,269,81673.3m $1.2bn $1.2bn 0.24% Added +24.6m +24,631,154
4 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.64% of their portfolio BOSTON, MA 45,338,22745.3m $723.8m $723.8m 0.64% Added +1.0m +1,037,476
5 UBS Group AG 0.14% of their portfolio ZURICH, V8 27,732,96927.7m $442.1m $442.1m 0.14% Added +1.4m +1,364,817
6 NORGES BANK 0.06% of their portfolio OSLO, Q8 27,174,62027.2m $434.1m $434.1m 0.06% Reduced -3.1m -3,119,284
7 Amundi 0.15% of their portfolio Paris, I0 23,536,50823.5m $400.8m $400.8m 0.15% Reduced -9.4m -9,415,648
8 Hudson Executive Capital LP 75.25% of their portfolio NEW YORK, NY 17,274,57517.3m $275.8m $275.8m 75.25% Reduced -1.6m -1,566,740
9 DekaBank Deutsche Girozentrale 0.50% of their portfolio FRANKFURT, 2M 17,240,98417.2m $277.5m $277.5m 0.50% Added +367.7k +367,741
10 Legal & General Group Plc 0.08% of their portfolio London, X0 16,704,70016.7m $266.9m $266.9m 0.08% Added +16.5m +16,463,520
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 12,832,68412.8m $204.6m $204.6m 0.01% Reduced -2.8m -2,772,714
12 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.22% of their portfolio FRANKFURT AM MAIN, 2M 12,820,35812.8m $204.3m $204.3m 0.22% Reduced -1.0m -1,037,437
13 ACADIAN ASSET MANAGEMENT LLC 0.53% of their portfolio Boston, MA 10,864,91910.9m $173.6m $173.6m 0.53% Reduced -5.2m -5,205,036
14 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,802,0077.8m $124.4m $124.4m 0.01% Reduced -9.5m -9,474,845
15 Capital International, Inc./CA/ 1.62% of their portfolio Los Angeles, CA 7,605,9857.6m $121.4m $121.4m 1.62% Added +234.4k +234,384
16 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 6,817,5766.8m $108.7m $108.7m 0.02% Reduced -22.5m -22,485,129
17 CITIGROUP INC 0.10% of their portfolio NEW YORK, NY 6,314,4136.3m $100.8m $100.8m 0.10% Reduced -1.3m -1,321,683
18 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 5,207,6485.2m $83.3m $83.3m 0.03% Reduced -142.5k -142,497
19 MARSHALL WACE, LLP 0.11% of their portfolio LONDON, X0 4,778,0144.8m $76.4m $76.4m 0.11% Added +2.4m +2,420,905
20 Liontrust Investment Partners LLP 1.07% of their portfolio LONDON, X0 4,718,2144.7m $75.4m $75.4m 1.07% Added +261.5k +261,467
21 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,165,5864.2m $66.4m $66.4m 0.01% Reduced -6.4m -6,403,573
22 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 3,884,1613.9m $61.9m $61.9m 0.01% Reduced -637.8k -637,786
23 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 3,818,0283.8m $60.9m $60.9m 0.02% New
24 CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio TORONTO ONTARIO, A6 3,580,1883.6m $57.2m $57.2m 0.06% Reduced -509.3k -509,344
25 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 3,410,8863.4m $54.5m $54.5m 0.09% Reduced -33.7k -33,676
26 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 3,204,6153.2m $51.1m $51.1m 0.01% Reduced -54.3k -54,318
27 Grantham, Mayo, Van Otterloo & Co. LLC 0.16% of their portfolio Boston, MA 3,027,7823.0m $48.4m $48.4m 0.16% Added +2.0m +2,038,732
28 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 2,953,0963.0m $47.2m $47.2m 0.01% Added +67.4k +67,427
29 AVIVA PLC 0.12% of their portfolio LONDON, X0 2,798,8312.8m $44.7m $44.7m 0.12% Added +145.2k +145,219
30 THIRD AVENUE MANAGEMENT LLC 6.80% of their portfolio NEW YORK, NY 2,481,6982.5m $39.7m $39.7m 6.80% Reduced -4.6k -4,582
31 CREDIT AGRICOLE S A 0.23% of their portfolio Montrouge Cedex, I0 2,348,6402.3m $37.4m $37.4m 0.23% Added +699.6k +699,626
32 Allianz Asset Management GmbH 0.06% of their portfolio MUNICH, 2M 2,299,3142.3m $36.7m $36.7m 0.06% Reduced -1.0m -1,040,547
33 JUPITER ASSET MANAGEMENT LTD 0.33% of their portfolio London, X0 2,167,8312.2m $34.6m $34.6m 0.33% Added +1.4m +1,350,920
34 Zurcher Kantonalbank (Zurich Cantonalbank) 0.11% of their portfolio ZURICH, V8 2,062,4952.1m $33.0m $33.0m 0.11% Added +226.9k +226,896
35 MASTERS CAPITAL MANAGEMENT LLC 5.37% of their portfolio ATLANTA, GA 1,880,0001.9m $30.0m $30.0m 5.37% Added +880.0k +880,000
36 MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.96% of their portfolio Munich, 2M 1,799,6111.8m $28.8m $28.8m 0.96% Added +179.2k +179,209
37 Mitsubishi UFJ Trust & Banking Corp 0.07% of their portfolio TOKYO, M0 1,731,1331.7m $28.6m $28.6m 0.07% Reduced -124.8k -124,813
38 AXA S.A. 0.04% of their portfolio PARIS, I0 1,650,8501.7m $26.3m $26.3m 0.04% Added +741.8k +741,791
39 Banco Santander, S.A. 0.32% of their portfolio Madrid, U3 1,603,6421.6m $25.6m $25.6m 0.32% Reduced -1.3m -1,311,665
40 FMR LLC 0.00% of their portfolio BOSTON, MA 1,448,9231.4m $23.1m $23.1m 0.00% Reduced -10.6k -10,615
41 BlackRock Inc. 0.00% of their portfolio New York, NY 1,435,6911.4m $22.9m $22.9m 0.00% Added +75.3k +75,297
42 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 1,418,0881.4m $22.6m $22.6m 0.02% Added +82.5k +82,548
43 Marex Group Ltd 0.55% of their portfolio London, X0 1,285,3601.3m $20.5m $20.5m 0.55% Added +673 +673
44 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 1,075,7971.1m $17.1m $17.1m 0.03% Added +72.5k +72,545
45 Pictet Asset Management Holding SA 0.02% of their portfolio CAROUGE, V8 1,070,0441.1m $17.1m $17.1m 0.02% Reduced -47.8k -47,824
46 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 1,062,3911.1m $16.9m $16.9m 0.01% Added +808.2k +808,176
47 Public Sector Pension Investment Board 0.11% of their portfolio MONTREAL, A8 1,044,6211.0m $16.7m $16.7m 0.11% Added +13.2k +13,185
48 CAPITAL INTERNATIONAL SARL 0.50% of their portfolio Los Angeles, CA 1,023,5051.0m $16.4m $16.4m 0.50% Added +387.9k +387,880
49 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 940,339940.3k $15.0m $15.0m 0.00% Reduced -7.7k -7,682
50 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 918,022918.0k $15.0m $15.0m 0.00% Added +44.1k +44,130
51 TWO SIGMA ADVISERS, LP 0.03% of their portfolio NEW YORK, NY 900,323900.3k $14.4m $14.4m 0.03% New
52 CAPITAL INTERNATIONAL LTD /CA/ 0.64% of their portfolio LOS ANGELES, CA 865,040865.0k $13.8m $13.8m 0.64% Added +301.7k +301,663
53 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 826,888826.9k $13.2m $13.2m 0.01% Reduced -5.1k -5,119
54 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 810,809810.8k $12.9m $12.9m 0.01% Added +39.5k +39,488
55 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.14% of their portfolio New York, NY 774,076774.1k $12.4m $12.4m 0.14% Unchanged
56 Vontobel Holding Ltd. 0.04% of their portfolio ZURICH, V8 730,827730.8k $11.7m $11.7m 0.04% Reduced -533.2k -533,221
57 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 652,549652.5k $10.4m $10.4m 0.01% Added +207.1k +207,061
58 Sienna Gestion 0.92% of their portfolio PARIS, I0 648,969649.0k $10.4m $10.4m 0.92% New
59 Korea Investment CORP 0.02% of their portfolio SEOUL, M5 595,169595.2k $9.5m $9.5m 0.02% Added +249.0k +248,979
60 Mediolanum International Funds Ltd 0.14% of their portfolio DUBLIN 1, L2 568,192568.2k $8.4m $8.4m 0.14% Added +195.7k +195,697
61 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 552,768552.8k $8.8m $8.8m 0.00% Added +456.9k +456,859
62 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 537,667537.7k $8.6m $8.6m 0.01% Added +8.3k +8,267
63 Varma Mutual Pension Insurance Co 0.07% of their portfolio Varma, H9 527,835527.8k $8.4m $8.4m 0.07% New
64 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 508,079508.1k $8.1m $8.1m 0.00% Reduced -2.0m -2,028,446
65 Capital Group Private Client Services, Inc. 0.08% of their portfolio Los Angeles, CA 496,837496.8k $7.9m $7.9m 0.08% Added +62.0k +62,023
66 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 471,447471.4k $7.5m $7.5m 0.01% Reduced -33.5k -33,456
67 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 459,843459.8k $7.3m $7.3m 0.00% Added +445.7k +445,673
68 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.07% of their portfolio Stamford, CT 402,857402.9k $6.4m $6.4m 0.07% Added +42.1k +42,090
69 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 388,493388.5k $6.2m $6.2m 0.00% Added +3.9k +3,929
70 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 361,079361.1k $5.8m $5.8m 0.00% Added +185.3k +185,349
71 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 347,417347.4k $5.5m $5.5m 0.01% Added +101.9k +101,928
72 QRG CAPITAL MANAGEMENT, INC. 0.06% of their portfolio BERWYN, PA 339,611339.6k $5.4m $5.4m 0.06% Added +42.0k +42,017
73 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 333,383333.4k $5.3m $5.3m 0.01% Reduced -4.1k -4,109
74 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 320,756320.8k $5.1m $5.1m 0.01% Reduced -1.9k -1,935
75 ROYAL LONDON ASSET MANAGEMENT LTD 0.01% of their portfolio UNITED KINGDOM, X0 314,166314.2k $5.0m $5.0m 0.01% Reduced -9.6k -9,597
76 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 302,304302.3k $4.8m $4.8m 0.00% Reduced -306.9k -306,943
77 USS Investment Management Ltd 0.04% of their portfolio London, X0 284,038284.0k $4.5m $4.5m 0.04% Unchanged
78 LGT Group Foundation 0.07% of their portfolio VADUZ, N2 279,991280.0k $4.5m $4.5m 0.07% Reduced -33.1k -33,124
79 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 258,469258.5k $4.1m $4.1m 0.00% Added +213.4k +213,379
80 Susquehanna International Securities, Ltd. 1.43% of their portfolio DUBLIN, L2 245,477245.5k $3.9m $3.9m 1.43% Reduced -441.6k -441,647
81 1832 Asset Management L.P. 0.01% of their portfolio TORONTO, A6 225,760225.8k $3.6m $3.6m 0.01% Added +23.9k +23,894
82 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 221,966222.0k $3.5m $3.5m 0.00% Added +88.6k +88,644
83 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 218,799218.8k $3.5m $3.5m 0.01% Reduced -429.9k -429,916
84 Utah Retirement Systems 0.04% of their portfolio SALT LAKE CITY, UT 218,793218.8k $3.5m $3.5m 0.04% Reduced -22.0k -22,000
85 Quantinno Capital Management LP 0.06% of their portfolio NEW YORK, NY 215,082215.1k $3.4m $3.4m 0.06% Added +16.9k +16,870
86 FORSTA AP-FONDEN 0.00% of their portfolio STOCKHOLM, V7 207,724207.7k $0 $0 0.00% Added +68.4k +68,402
87 Baader Bank Aktiengesellschaft 0.26% of their portfolio Unterschleissheim, 2M 206,724206.7k $3.3m $3.3m 0.26% Added +50.7k +50,724
88 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 202,799202.8k $3.2m $3.2m 0.01% Added +2.3k +2,326
89 Private Advisory Group LLC 0.41% of their portfolio REDMOND, WA 196,902196.9k $3.1m $3.1m 0.41% Reduced -180.1k -180,051
90 Vident Advisory, LLC 0.08% of their portfolio Alpharetta, GA 191,913191.9k $3.1m $3.1m 0.08% Added +6.6k +6,561
91 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 189,341189.3k $3.0m $3.0m 0.02% Added +31.7k +31,717
92 CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 0.65% of their portfolio Raffles Quay, U0 188,867188.9k $3.0m $3.0m 0.65% Added +65.0k +64,979
93 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 171,848171.8k $2.7m $2.7m 0.02% Added +61.0k +60,964
94 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 166,301166.3k $2.7m $2.7m 0.00% Reduced -209.0k -209,042
95 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 162,858162.9k $2.6m $2.6m 0.04% Reduced -237.5k -237,513
96 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio JUPITER, FL 149,814149.8k $2.4m $2.4m 0.01% New
97 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 144,961145.0k $2.3m $2.3m 0.00% New
98 Mariner, LLC 0.00% of their portfolio Overland Park, KS 144,815144.8k $2.3m $2.3m 0.00% Added +9.7k +9,692
99 Susquehanna International Group Ltd. 0.57% of their portfolio DUBLIN, L2 143,655143.7k $2.3m $2.3m 0.57% Added +132.9k +132,869
100 RITHOLTZ WEALTH MANAGEMENT 0.07% of their portfolio NEW YORK, NY 136,590136.6k $2.2m $2.2m 0.07% Added +8.0k +8,030