DB
Deutsche Bank AG · Financial Services · Banks - Regional
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -4.3% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 113 | +2 | 504.05M | $17.03B | +8 | −7 |
| Q1 2026 | 114 | -2 | 521.01M | $15.39B | +4 | −7 |
| Q4 2025 | 117 | 0 | 526.51M | $20.33B | +3 | −2 |
| Q3 2025 | 17 | -1 | 183.98M | $6.51B | +1 | −3 |
| Q2 2025 | 16 | 0 | 159.20M | $4.71B | +1 | −1 |
| Q1 2025 | 13 | +6 | 94.28M | $2.23B | +6 | — |
| Q4 2024 | 7 | 0 | 98.47M | $1.69B | — | — |
| Q3 2024 | 7 | 0 | 87.43M | $1.51B | — | — |
| Q2 2024 | 7 | — | 78.40M | $1.25B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Norges Bank ✦ (passive) | 33.77M | -24.8% | $797.35M | 0.1% | ▼ Trim | 4 | SEC ↗ |
| 2 | Fisher Asset Management ✦ | 18.87M | New | $449.57M | 0.2% | New | 1 | SEC ↗ |
| 3 | Viking Global Investors ✦ | 15.11M | New | $356.41M | 1.1% | New | 1 | SEC ↗ |
| 4 | Arrowstreet Capital ✦ | 12.69M | -66.5% | $300.12M | 0.2% | ▼ Trim | 4 | SEC ↗ |
| 5 | Capital World Investors ✦ | 4.36M | New | $102.99M | 0.0% | New | 1 | SEC ↗ |
| 6 | Appaloosa ✦ | 3.75M | New | $89.36M | 1.6% | New | 1 | SEC ↗ |
| 7 | Marshall Wace ✦ | 2.51M | -83.3% | $59.31M | 0.1% | ▼ Trim | 4 | SEC ↗ ×4 |
| 8 | Wellington Management ✦ | 2.00M | +301.7% | $47.03M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 9 | Millennium Management ✦ | 910.70K | +3366.0% | $21.70M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 10 | Citadel Advisors ✦ | 174.61K | +100.3% | $4.16M | 0.0% | ▲ Add | 4 | SEC ↗ ×2 |
| 11 | AQR Capital Management ✦ | 126.10K | +15.9% | $3.00M | 0.0% | ▲ Add | 4 | SEC ↗ ×3 |
| 12 | Renaissance Technologies ✦ | 12.72K | New | $299,049 | 0.0% | New | 1 | SEC ↗ |
| 13 | State Street Global Advisors ✦ (passive) | 8.44K | New | $201,125 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Fisher Asset Management | $449.57M | 0.2% |
| Viking Global Investors | $356.41M | 1.1% |
| Capital World Investors | $102.99M | 0.0% |
| Appaloosa | $89.36M | 1.6% |
| Renaissance Technologies | $299,049 | 0.0% |
| State Street Global Advisors | $201,125 | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 471 holders, 646.68M shares, $18.19B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.