Deutsche Bank was also invested in numerous US stocks in the fourth quarter of 2023. The Frankfurt financial institution made these changes in the past quarter.
Deutsche Bank’s top ten US investments were characterized by numerous acquisitions in the fourth quarter of 2023, meaning that there were numerous changes in the ranks compared to the previous quarter.
Institutional investors with more than $100 million in assets under management are required to report their investments to the U.S. 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 196.02 billion US dollars in the last quarter of the year, the Frankfurt-based company also has to submit the so-called 13F form to the authorities.
The following ranking presents the ten largest US stock positions that Deutsche Bank had in its portfolio in the fourth quarter of 2023 – weighted by percentage. The data is as of December 31, 2023.
Editorial team finanzen.net
11th place: The ranking
Institutional investors with assets under management exceeding $100 million are required to report their investments to the U.S. Securities and Exchange Commission (SEC) on a quarterly basis. Deutsche Bank has several US holdings in its portfolio that were worth a total of $196.02 billion in the last quarter. This means that the people of Frankfurt also have to submit the so-called 13F form to the authorities.
The following ranking lists the ten largest US stock positions that Deutsche Bank had in its portfolio in the fourth quarter of 2023 – weighted by percentage. The data is as of December 31, 2023.
Source: sec.gov, Image: Elpisterra / Shutterstock.com
10th place: JPMorgan
The US investment bank JPMorgan will appear new in the top ten of the Deutsche Bank portfolio in the fourth quarter of 2023, even though its holding has been reduced by 516,271 shares to 12,809,135 JPMorgan shares. In total, these had a value of 2.18 billion US dollars as of the reporting date and accounted for 1.11 percent of the total portfolio.
Source: sec.gov, Image: TK Kurikawa / Shutterstock.com
9th place: Merck & Co.
The investment in the US healthcare company Merck & Co also appears in Deutsche Bank’s top ten US investments in Q4 2023. The financial institution has added 2,249,770 shares to its portfolio and now has a total of 21,573,772 Merck & Co shares, which are worth 2.35 billion US dollars. This means a deposit share of 1.2 percent.
Source: sec.gov, Image: Katherine Welles / Shutterstock.com
8th place: Visa
The US credit card provider Visa was able to move up from tenth to eighth place. Here, Deutsche Bank purchased 291,049 shares of the MasterCard competitor in the fourth quarter of 2023. The total of 9,390,105 Visa shares in the portfolio were worth around 2.44 billion US dollars as of the reporting date, which corresponded to 1.25 percent of the Frankfurt-based company’s entire portfolio.
Source: sec.gov, Image: Olga Kolos / Shutterstock.com
7th place: Meta Platforms
Deutsche Bank also accessed the Zuckerberg Group Meta Platforms in the fourth quarter of 2023 and increased its portfolio by 2,373,359 Meta shares to now 7,364,887 securities worth $2.61 billion. This accounts for 1.33 percent of the entire portfolio.
Source: sec.gov, Image: Valeriya Zankovych / Shutterstock.com
6th place: Alphabet C
Deutsche Bank’s US portfolio moved up two places for C shares from Google parent Alphabet. This is also due to the 2,801,617 (plus 15.53 percent) shares of the search engine company that the Frankfurt-based company added to its portfolio between October and December. The financial institution now holds 20,843,345 Alphabet C titles, which were worth around $2.94 billion as of the reporting date. This corresponded to a depot share of 1.5 percent.
Source: sec.gov, Image: JPstock / Shutterstock.com
5th place: Amazon
Amazon moved up four places: While the e-commerce giant’s shares were in ninth place in the previous quarter, they reached fifth place in the fourth quarter. Considering that Deutsche Bank bought 7,815,853 new Amazon titles between October and December, this rise is hardly surprising. As of December 31st, the Frankfurters held a total of 24,313,016 Amazon securities, which were worth $3.69 billion. This corresponded to 1.88 percent of Deutsche Bank’s entire US portfolio.
Source: sec.gov, Image: Ken Wolter / Shutterstock.com
4th place: NVIDIA
In fourth place in the Deutsche Bank ranking: the AI profiteer NVIDIA. With a total of 8,649,501 shares in the chip company, the financial institution held 1,391,371 shares (plus 19.17 percent) more in the fourth quarter than in the previous quarter. On the stock exchange, the NVIDIA notes were worth around $4.28 billion as of the reporting date. The position represented 2.19 percent of the bank’s total US portfolio. In the ranking, NVIDIA’s position moved up two places compared to the previous quarter.
Source: sec.gov, Image: Katherine Welles / Shutterstock.com
3rd place: Alphabet A
In addition to Google parent Alphabet’s 20,843,345 C shares, Deutsche Bank also held 42,483,447 Alphabet A shares in the fourth quarter of 2023. Compared to the previous quarter, Deutsche Bank increased its position here by 6,799,391 stocks (plus 19.05 percent). At the end of December, the market value of the investment was around 5.93 billion US dollars, making up 3.03 percent of all US shares in the Frankfurt-based portfolio.
Source: sec.gov, Image: Fenixx666 / Shutterstock.com
2nd place: Apple
Apple gained a place in the list of the largest US holdings in Deutsche Bank’s portfolio. So the silver medal goes to the iKonzern. The position in Apple increased by 7,040,382 or 19.98 percent, so that Deutsche Bank now owns 42,279,655 Apple shares. As of the reporting date, these were worth $8.14 billion, which corresponded to 4.15 percent of the entire portfolio.
Source: sec.gov, Image: Andrey Bayda / Shutterstock.com
1st place: Microsoft
While Microsoft shares were in second place in the previous quarter, they were now able to move to the top of the Deutsche Bank portfolio in the fourth quarter of 2023. One reason for this was that Deutsche Bank increased its stake in the software giant by 4,590,108 shares (plus 18.89 percent) between October and December. As of December 31st, the financial institution now had 28,888,504 Microsoft securities, which were worth $10.86 billion. This corresponded to a share of 5.54 percent of the Frankfurt financial institution’s total portfolio value.
Source: sec.gov, Image: Volodymyr Kyrylyuk / Shutterstock.com
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Image sources: Elpisterra / Shutterstock.com, Vytautas Kielaitis / Shutterstock.com