Deutsche Bank Ag\2026-Q2
This is DEUTSCHE BANK AG's 13F filing for 2026-Q2, covering the fund's US equity positions as of June 30, 2026.
Quick Reference
| Ticker | Action | Value Change |
|---|---|---|
| MU | Add | +$3.96B |
| NVDA | Add | +$2.72B |
| AMD | Trim | +$2.99B (shares sold; the price rally lifted the dollar value) |
| TTE | Add | -$516.8M (shares bought; the price slide cut the dollar value) |
| XOM | Trim | -$576.6M |
Q: What was DEUTSCHE BANK AG's biggest move in its 2026-Q2 13F filing? Its biggest move was a large addition to memory-chip maker Micron Technology (MU). The position's value grew by +$3.96B, climbing from $1.58B to $5.53B, and its portfolio weight jumped from 0.52% to 1.61% -- the widest swing among the fund's top reported changes this quarter.
Q: Did DEUTSCHE BANK AG buy or sell NVIDIA (NVDA) in Q2 2026? DEUTSCHE BANK AG bought NVIDIA in Q2 2026, adding to an existing stake. NVDA remained the fund's largest single holding at 5.34% of the portfolio, with its value growing by +$2.72B to $18.40B, up from $15.68B a quarter earlier.
Q: Why did DEUTSCHE BANK AG's AMD position rise in value even though the fund sold shares? The AMD share price gained more than the trimmed shares were worth, so the dollar value rose on real selling -- NOT a buy. The share count came down, yet the position still finished the quarter at $4.67B, a gain of +$2.99B, with its weight moving from 0.56% to 1.35%. Intel (INTC) and Lam Research (LRCX) show the same trim-with-rising-value pattern elsewhere in this filing.
Q: Did DEUTSCHE BANK AG exit TotalEnergies (TTE) in Q2 2026? No -- the fund added TTE shares, and the dollar value fell only because the stock price dropped more than the added shares were worth; this was real buying, NOT a sell. Despite the larger share count, the position's weight eased from 1.29% to 0.98%. Gold miner Agnico Eagle Mines (AEM) fits the same add-with-falling-value pattern, its weight moving from 0.59% to 0.40%.
Q: How many holdings did DEUTSCHE BANK AG report in its 2026-Q2 13F? The fund reported 3678 positions as of June 30, 2026, up from 3591 at the end of the previous quarter. Trading activity stepped up as well, with the turnover ratio rising to 0.236555 from 0.21122.
Q: Which sector dominates DEUTSCHE BANK AG's portfolio after the 2026-Q2 filing? Information Technology dominates, at 0.3311 of the portfolio, up from 0.2872 the prior quarter. Financials rank second at 0.112 and Health Care third at 0.109, while Energy moved to 0.0456 from 0.0564.
Q: How concentrated is DEUTSCHE BANK AG's portfolio in its top stocks? It stays highly diversified, with a Herfindahl index of 0.010804 and a coefficient of variation of 6.224719. Even the largest position, NVDA, holds just 5.34% of the book, underscoring breadth across 3678 holdings rather than reliance on a handful of names.
Q: Did DEUTSCHE BANK AG buy Alphabet, Apple, and Amazon stock last quarter? Yes -- the fund added to all three mega-cap technology names in Q2 2026. GOOGL grew by +$2.47B to $10.92B (weight from 2.79% to 3.17%), AAPL grew by +$1.84B to $13.66B (weight from 3.90% to 3.97%), and AMZN grew by +$1.68B to $8.41B (weight from 2.22% to 2.44%).
Q: What's the easiest way to track DEUTSCHE BANK AG's future filings? Check the fund's next quarterly 13F, which will cover the quarter ending September 30, 2026 and land on the SEC's EDGAR database within 45 days of quarter-end. Comparing each new filing against the prior quarter's version is the fastest way to see what the fund added, trimmed, or sold out of.