Deutsche Bank was also invested in some US stocks in the second quarter of 2023. The Frankfurt money house made these changes in the past quarter.
Institutional investors with more than $100 million in assets under management are required to report their investments to the US Securities and Exchange Commission (SEC) on a quarterly basis. Since Deutsche Bank also holds some US stocks in its portfolio, the value of which was 188.086 billion US dollars in the past quarter, the Frankfurt-based company must also submit the so-called 13F form to the authority.
The following ranking presents the ten largest US stock positions held by Deutsche Bank in the second quarter of 2023 – weighted by percentage. The data is current as of June 30, 2023.
Editorial office finanzen.net
11th place: The ranking
Institutional investors with assets under management in excess of $100 million are required to report their investments to the US Securities and Exchange Commission (SEC) on a quarterly basis. Deutsche Bank has a number of US holdings in its portfolio that totaled $188.086 billion in the current quarter. This means that the people of Frankfurt must also submit the so-called 13F form to the authorities.
The following ranking lists the ten largest US stock positions held by Deutsche Bank in the second quarter of 2023 – weighted by percentage. The data is current as of June 30, 2023.
Source: sec.gov, Image: Elpisterra / Shutterstock.com
10th place: Visa
The US credit card provider Visa fell one place down compared to the previous quarter – even though Deutsche Bank had bought 56,792 shares in the MasterCard competitor in the second quarter of 2023. The total of 9,637,686 Visa shares in the portfolio were worth around 2.289 billion US dollars as of the reporting date, which corresponded to 1.22 percent of the Frankfurt-based company’s entire portfolio.
Source: sec.gov, Image: Olga Kolos / Shutterstock.com
9th place: Johnson & Johnson
From seventh place in the previous quarter, Johnson & Johnson moved up to ninth place in the Deutsche Bank ranking in the second quarter of 2023. The financial house sold 896,825 shares of the pharmaceutical company in the past quarter and is now sitting on 14,354,366 titles. These were worth around $2.376 billion at the end of June – 1.26 percent of all Deutsche Bank’s US holdings.
Source: sec.gov, Image: josefkubes / Shutterstock.com
8th place: Meta Platforms
New in the top ten: the share of the Facebook mother Meta Platforms. In the second quarter of 2023, 1,973,177 shares in the tech group led by Mark Zuckerberg migrated to Deutsche Bank’s US portfolio. At the end of June 2023, the total of 8,493,947 titles had a market value of around 2.438 billion US dollars, which corresponded to 1.30 percent of all the bank’s US holdings.
Source: sec.gov, Image: rafapress / Shutterstock.com
7th place: Merck & Co.
The pharmaceutical manufacturer Merck & Co. was in seventh place in the second quarter of 2023 with 21,521,978 shares – 1,162,820 fewer shares than in the first quarter, when the company took sixth place in the Deutsche Bank ranking. At the end of June 2023, the value of the stake was around 2.483 billion US dollars, accounting for 1.32 percent of the total portfolio.
Source: sec.gov, Image: Katherine Welles / Shutterstock.com
6th place: Alphabet C
It went up two places in the US portfolio of Deutsche Bank for C shares of Google parent Alphabet. This is also due to the additional 344,584 shares in the search engine group that the Frankfurt-based company bought between April and June. The money house now holds 22,756,710 titles, which were worth around 2.753 billion US dollars as of the reporting date. This corresponded to a portfolio share of 1.46 percent.
Source: sec.gov, Image: Fenixx666 / Shutterstock.com
5th place: Amazon
Deutsche Bank held 26,052,926 Amazon shares in its portfolio in the second quarter of 2023. This was 1,385,732 more titles than in the previous quarter. On the stock exchange, the stake was worth around $3.396 billion as of the reporting date, which corresponded to 1.81 percent of the entire US portfolio.
Source: sec.gov, Image: Jonathan Weiss / Shutterstock.com
4th place: NVIDIA
Fourth place in the Deutsche Bank ranking: the AI profiteer NVIDIA. With a total of 9,007,937 shares in the chip group, the money house held 278,710 shares more in the second quarter than in the previous quarter. On the stock exchange, the NVIDIA notes were worth around 3.811 billion US dollars as of the reporting date. The position made up 2.03 percent of the bank’s entire US portfolio.
Source: sec.gov, Image: Casimiro PT / Shutterstock.com
3rd place: Alphabet A
In addition to Google parent Alphabet’s 22,756,710 C shares, Deutsche Bank also held 41,343,398 Alphabet A shares in the second quarter of 2023. Compared to the previous quarter, Deutsche Bank added 1,745,614 titles here. At the end of June, the stock market value of the investment was around 4.949 billion US dollars, accounting for 2.63 percent of all US shares in Frankfurter’s portfolio.
Source: sec.gov, Image: JPstock / Shutterstock.com
2nd place: Apple
Again in second place of the largest US holdings in Deutsche Bank’s portfolio: the Apple iGroup. 2,762,120 additional shares in the iPhone manufacturer flowed into the portfolio of the Frankfurt money house in the past quarter. This puts the bank on 46,159,068 Apple shares. As of the reporting date, the market value of the stake was around $8.953 billion, which corresponded to 4.76 percent of the entire portfolio.
Source: sec.gov, image: Marek Szandurski / Shutterstock.com
1st place: Microsoft
Although Deutsche Bank sold 1,909,144 Microsoft shares in the second quarter, the gold cup still goes to the Windows developer with 28,605,892 remaining shares held. The market value of the holding was approximately $9.741 billion at the end of June. This accounted for 5.18 percent of the entire US portfolio.
Source: sec.gov, Image: Volodymyr Kyrylyuk / Shutterstock.com
Selected leveraged products on Alphabet A (ex Google)
With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired leverage and we will show you suitable open-end products on Alphabet A (ex Google)
Leverage must be between 2 and 20
Image sources: Elpisterra / Shutterstock.com, Vytautas Kielaitis / Shutterstock.com