DEUTSCHE BANK AG\

CIK: 0000948046SEC EDGAR →

Portfolio Value

$307.1T

Holdings

3,594

As of

Q4 2025

New Positions

170

Closed Positions

180

Portfolio Value History

Top 10 Holdings

Rank	Stock	Shares	Value	% of Portfolio
1	NVDAPut NVIDIA CORPORATION	90,456,007	$16.9T	5.49%
2	MSFT MICROSOFT CORP	31,734,061	$15.3T	4.99%
3	AAPLPut APPLE INC	46,436,200	$12.6T	4.11%
4	GOOGL ALPHABET INC	31,786,670	$9.9T	3.24%
5	AMZN AMAZON COM INC	30,618,765	$7.1T	2.30%
6	GOOG ALPHABET INC	16,817,671	$5.3T	1.72%
7	META META PLATFORMS INC	7,702,059	$5.1T	1.65%
8	AVGO BROADCOM INC	13,828,369	$4.8T	1.56%
9	LLY ELI LILLY & CO	3,807,637	$4.1T	1.33%
10	TSLA TESLA INC	8,022,042	$3.6T	1.17%

Quarterly Changes

Top Buys

TTENEW

$2.6T

LLY↑ Increased

$1.6T

WELLNEW

$1.1T

NEMNEW

$872.0B

MU↑ Increased

$606.4B

Top Sells

MSFT↓ Decreased

$1.3T

META↓ Decreased

$1.3T

GOOGL↓ Decreased

$900.9B

NEMCLOSED

$875.6B

DB↓ Decreased

$860.2B

New Positions (206)

TTE

$2.6T · 40.4M shares

WELL

$1.1T · 5.8M shares

NEM

$872.0B · 8.8M shares

NET

$308.0B · 1.6M shares

STLA

$270.0B · 25.1M shares

SNOW

$261.0B · 1.2M shares

CMI

$210.0B · 421K shares

CAH

$201.0B · 993K shares

$178.0B · 3.3M shares

KKR

$177.0B · 1.4M shares

$142.0B · 1.4M shares

LLYVK

$126.0B · 1.5M shares

ABVX

$103.0B · 765K shares

MICC

$90.0B · 5.9M shares

$89.0B · 1.2M shares

$82.0B · 2.0M shares

$80.0B · 3.5M shares

$80.0B · 515K shares

$58.0B · 841K shares

$49.0B · 3.5M shares

$36.0B · 1.2M shares

$35.0B · 1.2M shares

$31.0B · 402K shares

$30.0B · 1.9M shares

$26.0B · 335K shares

$26.0B · 1.2M shares

$25.0B · 16.1M shares

$22.0B · 258K shares

$22.0B · 1.2M shares

$18.0B · 2.8M shares

$13.0B · 692K shares

$13.0B · 327K shares

$9.0B · 379K shares

$9.0B · 154K shares

$8.0B · 451K shares

$8.0B · 964K shares

$7.0B · 7.3M shares

$6.0B · 68K shares

$5.0B · 6.4M shares

$4.0B · 4.1M shares

$4.0B · 195K shares

$4.0B · 165K shares

$3.0B · 3.1M shares

$3.0B · 1.0M shares

$3.0B · 293K shares

$3.0B · 156K shares

$2.0B · 194K shares

$2.0B · 77K shares

$2.0B · 80K shares

$2.0B · 136K shares

$2.0B · 150K shares

$2.0B · 203K shares

$2.0B · 92K shares

$1.0B · 190K shares

$1.0B · 1.1M shares

$1.0B · 51K shares

$1.0B · 160K shares

$1.0B · 1.2M shares

$1.0B · 71K shares

$1.0B · 45K shares

$1.0B · 963K shares

$1.0B · 1.2M shares

$1.0B · 1.8M shares

$1.0B · 26K shares

$0 · 10K shares

$0 · 28K shares

$0 · 21K shares

$0 · 91K shares

$0 · 5K shares

$0 · 222 shares

$0 · 500 shares

$0 · 431 shares

$0 · 4K shares

$0 · 12K shares

$0 · 3K shares

$0 · 6K shares

$0 · 18K shares

$0 · 4K shares

$0 · 24K shares

$0 · 32K shares

$0 · 997 shares

$0 · 343K shares

$0 · 10K shares

$0 · 793K shares

$0 · 2K shares

$0 · 11K shares

$0 · 907K shares

$0 · 1K shares

$0 · 2K shares

$0 · 102 shares

$0 · 1K shares

$0 · 79K shares

$0 · 8K shares

$0 · 426 shares

$0 · 731 shares

$0 · 5K shares

$0 · 7K shares

$0 · 16K shares

$0 · 7K shares

$0 · 2K shares

$0 · 26K shares

$0 · 7K shares

$0 · 700 shares

$0 · 80K shares

$0 · 566K shares

$0 · 26K shares

$0 · 1K shares

$0 · 404 shares

$0 · 5K shares

$0 · 756 shares

$0 · 7K shares

$0 · 2K shares

$0 · 409 shares

$0 · 19K shares

$0 · 16K shares

$0 · 12K shares

$0 · 18 shares

$0 · 13K shares

$0 · 27K shares

$0 · 30K shares

$0 · 7K shares

$0 · 612K shares

$0 · 10K shares

$0 · 13K shares

$0 · 63K shares

$0 · 160K shares

$0 · 628K shares

$0 · 354 shares

$0 · 19K shares

$0 · 2K shares

$0 · 8K shares

$0 · 26 shares

$0 · 12K shares

$0 · 19K shares

$0 · 5K shares

$0 · 307K shares

$0 · 14K shares

$0 · 53K shares

$0 · 7K shares

$0 · 17K shares

$0 · 451 shares

$0 · 79K shares

$0 · 6K shares

$0 · 1K shares

$0 · 22K shares

$0 · 16K shares

$0 · 847 shares

$0 · 391 shares

$0 · 25K shares

$0 · 5K shares

$0 · 1.1M shares

$0 · 995 shares

$0 · 4K shares

$0 · 7K shares

$0 · 426 shares

$0 · 765 shares

$0 · 16K shares

$0 · 84K shares

$0 · 17K shares

$0 · 10K shares

$0 · 167 shares

$0 · 38K shares

$0 · 1K shares

$0 · 19K shares

$0 · 93K shares

$0 · 2K shares

$0 · 65K shares

$0 · 8K shares

$0 · 11K shares

$0 · 706 shares

$0 · 6K shares

$0 · 23K shares

$0 · 4K shares

$0 · 7K shares

$0 · 6K shares

$0 · 1K shares

$0 · 4K shares

$0 · 128K shares

$0 · 1K shares

$0 · 1K shares

$0 · 2K shares

$0 · 17K shares

$0 · 343 shares

$0 · 1.0M shares

$0 · 368 shares

$0 · 32K shares

$0 · 9K shares

$0 · 300 shares

$0 · 32K shares

$0 · 8K shares

$0 · 3K shares

$0 · 9K shares

$0 · 20K shares

$0 · 1.0M shares

$0 · 2K shares

$0 · 2K shares

$0 · 53K shares

$0 · 16K shares

$0 · 8K shares

$0 · 1K shares

$0 · 4K shares

$0 · 16K shares

$0 · 35 shares

$0 · 1 shares

$0 · 892K shares

$0 · 7K shares

Closed Positions (183)

NEM

$875.6B · 10.4M shares

WELL

$845.6B · 4.7M shares

NET

$299.1B · 1.4M shares

KKR

$264.2B · 2.0M shares

CMI

$262.9B · 622K shares

SNOW

$246.3B · 1.1M shares

STLA

$230.4B · 24.7M shares

CAH

$172.3B · 1.1M shares

KEL

$153.9B · 1.9M shares

$151.3B · 3.1M shares

FWONA

$134.8B · 1.4M shares

$113.4B · 1.3M shares

$99.3B · 1.1M shares

$66.5B · 416K shares

$63.0B · 2.3M shares

$57.6B · 1.8M shares

$51.5B · 1.6M shares

$51.4B · 3.5M shares

$38.8B · 2.4M shares

$34.5B · 1.3M shares

$33.1B · 1.1M shares

$31.9B · 2.2M shares

BABA 0.5 06/01/31

$30.4B · 16.5M shares

$27.4B · 9.9M shares

$27.0B · 1.2M shares

$24.5B · 934K shares

$22.0B · 1.1M shares

$19.9B · 419K shares

$19.4B · 440K shares

$17.4B · 718K shares

$17.1B · 2.8M shares

$16.7B · 343K shares

$13.8B · 561K shares

$13.7B · 376K shares

$11.5B · 754K shares

$9.8B · 104K shares

$7.9B · 1.2M shares

$7.6B · 226K shares

$6.9B · 275K shares

$6.5B · 127K shares

$6.0B · 215K shares

NABORS ENERGY TRANSITION COR

$5.8B · 520K shares

$5.8B · 165K shares

$5.5B · 293K shares

$5.4B · 3.9M shares

$5.0B · 643K shares

$3.7B · 49K shares

$3.6B · 397K shares

$3.4B · 290K shares

$3.3B · 3.0M shares

$3.2B · 15K shares

$3.0B · 50K shares

$2.9B · 43K shares

$2.8B · 103K shares

$2.5B · 181K shares

$2.4B · 87K shares

$2.4B · 90K shares

$2.3B · 2.0M shares

$2.3B · 27K shares

$2.0B · 1.8M shares

$2.0B · 39K shares

$1.6B · 1.3M shares

$1.5B · 233K shares

$1.5B · 148K shares

$1.4B · 256K shares

$1.4B · 982K shares

$1.3B · 876K shares

$1.3B · 826K shares

$1.3B · 75K shares

$1.3B · 43K shares

$1.3B · 590K shares

$1.2B · 49K shares

$1.2B · 199K shares

$1.2B · 111K shares

$1.1B · 833K shares

$1.1B · 793K shares

$1.1B · 1.1M shares

$1.1B · 1.1M shares

$1.0B · 288K shares

$1.0B · 70K shares

$995.0M · 720K shares

GH 1.25 02/15/31

$988.9M · 761K shares

SPNS

$973.8M · 23K shares

PSNY

$954.1M · 1.0M shares

HSI

$802.9M · 16K shares

SENS1GBP

$740.8M · 1.7M shares

IAS

$737.1M · 72K shares

ACIU

$732.3M · 253K shares

ODP1

$724.5M · 26K shares

BSY 0.125 01/15/26

$718.4M · 729K shares

ALRM 2.25 06/01/29

$679.0M · 708K shares

MAC COPPER LIMITED

$661.4M · 54K shares

TRML

$608.9M · 13K shares

TFI

$588.4M · 13K shares

BOX 1.5 09/15/29

$577.9M · 575K shares

HERE

$523.2M · 58K shares

MLNK

$503.3M · 25K shares

PCG 4.25 12/01/27

$463.2M · 458K shares

$463.2M · 60K shares

$428.7M · 34K shares

$413.7M · 7K shares

$400.0M · 8K shares

$380.8M · 160K shares

XXY

$377.0M · 27K shares

LNTH 2.625 12/15/27

$346.7M · 330K shares

$338.8M · 20K shares

$334.0M · 63K shares

$311.7M · 23K shares

$307.5M · 3K shares

$306.0M · 16K shares

$305.2M · 19K shares

$303.4M · 159K shares

$302.5M · 8K shares

$298.4M · 25K shares

$290.7M · 17K shares

$275.1M · 79K shares

$252.6M · 9K shares

$245.3M · 34K shares

$244.8M · 16K shares

$239.3M · 18K shares

$229.7M · 61K shares

$226.5M · 37K shares

$221.1M · 36K shares

$218.3M · 10K shares

$209.2M · 36K shares

$208.0M · 10K shares

$202.2M · 7K shares

$188.6M · 37K shares

$185.6M · 8K shares

$178.6M · 30K shares

$177.8M · 4K shares

$175.3M · 8K shares

$173.1M · 12K shares

$166.0M · 64K shares

$165.3M · 72K shares

$165.2M · 5K shares

$165.1M · 6K shares

$163.9M · 11K shares

$163.2M · 31K shares

$158.5M · 3K shares

$158.4M · 11K shares

$157.9M · 6K shares

$156.5M · 8K shares

$155.0M · 10K shares

$153.6M · 89K shares

$151.3M · 6K shares

$148.9M · 7K shares

$145.2M · 20K shares

$143.8M · 24K shares

$136.2M · 8K shares

$131.1M · 6K shares

$110.5M · 12K shares

$109.4M · 19K shares

$108.0M · 5K shares

$106.8M · 9K shares

ALCHEMY INVTS ACQUISITN CORP

$106.1M · 9K shares

$106.0M · 10K shares

$97.3M · 13K shares

$86.9M · 11K shares

$82.8M · 16K shares

$79.8M · 96K shares

$72.3M · 3K shares

$23.6M · 7K shares

$23.5M · 19 shares

$23.3M · 6K shares

$17.9M · 14 shares

$17.8M · 1K shares

$17.0M · 29K shares

$10.1M · 6K shares

$7.5M · 135 shares

$7.0M · 200 shares

$5.2M · 37K shares

$4.0M · 20 shares

$2.7M · 102 shares

$740K · 37K shares

$519K · 10 shares

$380K · 19K shares

$322K · 32K shares

$271K · 18 shares

$159K · 16 shares

$150K · 15K shares

$24K · 1 shares

$5K · 1 shares

Sector Breakdown

Sector	# Holdings	Value	%
Technology	475	$92.4T	30.6%
Financial Services	730	$37.4T	12.4%
Healthcare	509	$31.2T	10.3%
Communication Services	129	$28.2T	9.3%
Consumer Cyclical	335	$25.2T	8.4%
Industrials	416	$21.6T	7.1%
Energy	164	$15.0T	5.0%
Consumer Defensive	131	$11.7T	3.9%
Unknown	293	$11.3T	3.8%
Real Estate	187	$9.6T	3.2%
Basic Materials	144	$9.5T	3.1%
Utilities	81	$9.1T	3.0%