Who owns DB
Which tracked institutional funds hold DB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DB company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
151 tracked funds added or opened DB while 102 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DB’s largest tracked holder by dollar value, DEUTSCHE BANK AG\, sizes it at 0.8% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DB divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 482 tracked filers holding DB, 250 increased or opened the position and 239 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DB between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 22
- DIMENSIONAL FUND ADVISORS LP$209M
- VIKING GLOBAL INVESTORS LP$85M
- Artemis Investment Management LLP$49M
- Jupiter Topco LLC$24M
- Exane Asset Management$19M
- Foresight Global Investors, Inc.$15M
Full exits 35
- Amundi$1.8B
- DekaBank Deutsche Girozentrale$601M
- ACADIAN ASSET MANAGEMENT LLC$153M
- COMMERZBANK AKTIENGESELLSCHAFT /FI$139M
- NIPPON LIFE INSURANCE CO$84M
- Gemsstock Ltd.$21M
Largest adds
- DEUTSCHE BANK AG\$510M
- GOLDMAN SACHS GROUP INC$309M
- Bank of New York Mellon Corp$280M
- CAUSEWAY CAPITAL MANAGEMENT LLC$271M
- CITIGROUP INC$244M
- VANGUARD CAPITAL MANAGEMENT LLC$208M
Largest trims
- Capital International Investors$677M
- JPMORGAN CHASE & CO$42M
- Point72 Asset Management, L.P.$31M
- Capital International, Inc./CA/$26M
- BNP PARIBAS FINANCIAL MARKETS$25M
- Qube Research & Technologies Ltd$23M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| DEUTSCHE BANK AG\ added | 76,744,247 | $2.6B | 12.7% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 53,990,646 | $1.8B | 9.0% | 2026-Q2 |
| Fisher Asset Management, LLC added | 29,700,418 | $1.0B | 4.9% | 2026-Q2 |
| CAUSEWAY CAPITAL MANAGEMENT LLC added | 29,358,318 | $994M | 4.9% | 2026-Q2 |
| UBS Group AG trimmed | 28,999,073 | $979M | 4.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 28,368,611 | $958M | 4.7% | 2026-Q2 |
| CITIGROUP INC added | 25,816,829 | $874M | 4.3% | 2026-Q2 |
| Capital World Investors trimmed | 23,483,103 | $795M | 3.9% | 2026-Q2 |
| NORGES BANK trimmed | 22,999,021 | $778M | 3.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 22,857,761 | $772M | 3.8% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 17,236,202 | $582M | 2.9% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 16,205,893 | $548M | 2.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 15,234,236 | $516M | 2.5% | 2026-Q2 |
| Legal & General Group Plc trimmed | 13,417,118 | $454M | 2.2% | 2026-Q2 |
| ENTRUST GLOBAL PARTNERS L L C trimmed | 12,033,865 | $407M | 2.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 10,913,948 | $368M | 1.8% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 10,434,591 | $353M | 1.7% | 2026-Q2 |
| FMR LLC added | 9,471,872 | $321M | 1.6% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 9,002,799 | $305M | 1.5% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 8,652,904 | $293M | 1.4% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 8,405,252 | $284M | 1.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 7,481,669 | $253M | 1.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 7,163,397 | $242M | 1.2% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP new | 6,193,209 | $209M | 1.0% | 2026-Q2 |
| Liontrust Investment Partners LLP added | 6,064,095 | $205M | 1.0% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 5,288,878 | $179M | 0.9% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 5,118,875 | $173M | 0.8% | 2026-Q2 |
| MORGAN STANLEY trimmed | 4,481,398 | $151M | 0.7% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 4,096,174 | $122M | 0.6% | 2026-Q2 |
| Banco Santander, S.A. added | 4,062,367 | $137M | 0.7% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 4,060,388 | $138M | 0.7% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 3,613,588 | $122M | 0.6% | 2026-Q2 |
| Nuveen, LLC trimmed | 3,267,083 | $110M | 0.5% | 2026-Q2 |
| Invesco Ltd. trimmed | 3,204,026 | $108M | 0.5% | 2026-Q2 |
| Munich Reinsurance Co Stock Corp in Munich added | 3,064,830 | $104M | 0.5% | 2026-Q2 |
| VIKING GLOBAL INVESTORS LP trimmed | 2,510,554 | $85M | 0.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 2,389,815 | $81M | 0.4% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 2,377,893 | $80M | 0.4% | 2026-Q2 |
| CREDIT AGRICOLE S A added | 2,359,420 | $80M | 0.4% | 2026-Q2 |
| Public Sector Pension Investment Board added | 2,324,432 | $79M | 0.4% | 2026-Q2 |
| BlackRock, Inc. trimmed | 2,119,703 | $72M | 0.4% | 2026-Q2 |
| AVIVA PLC added | 2,092,782 | $71M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 1,893,455 | $64M | 0.3% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 1,770,515 | $60M | 0.3% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 1,738,118 | $59M | 0.3% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 1,731,462 | $59M | 0.3% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,645,980 | $56M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 1,596,838 | $54M | 0.3% | 2026-Q2 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 1,596,328 | $54M | 0.3% | 2026-Q2 |
| SIH Partners, LLLP trimmed | 1,506,004 | $51M | 0.2% | 2026-Q2 |
| Artemis Investment Management LLP trimmed | 1,460,491 | $49M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,434,118 | $48M | 0.2% | 2026-Q2 |
| EDMOND DE ROTHSCHILD HOLDING S.A. added | 1,318,019 | $44M | 0.2% | 2026-Q2 |
| SEB Asset Management AB trimmed | 1,271,964 | $43M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,214,984 | $41M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,114,355 | $38M | 0.2% | 2026-Q2 |
| Korea Investment CORP added | 1,112,597 | $38M | 0.2% | 2026-Q2 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 1,023,950 | $35M | 0.2% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI added | 1,009,455 | $34M | 0.2% | 2026-Q2 |
| CAPITAL INTERNATIONAL SARL trimmed | 924,043 | $31M | 0.2% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 919,552 | $31M | 0.2% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 846,221 | $25M | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 837,178 | $28M | 0.1% | 2026-Q2 |
| Qube Research & Technologies Ltd trimmed | 830,729 | $28M | 0.1% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 793,963 | $27M | 0.1% | 2026-Q2 |
| TD Asset Management Inc added | 756,789 | $26M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 755,966 | $26M | 0.1% | 2026-Q2 |
| Jupiter Topco LLC new | 713,479 | $24M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 701,310 | $24M | 0.1% | 2026-Q2 |
| Lansforsakringar Fondforvaltning AB (publ) trimmed | 684,256 | $23M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 675,985 | $23M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 675,474 | $23M | 0.1% | 2026-Q2 |
| Capital International, Inc./CA/ trimmed | 640,917 | $22M | 0.1% | 2026-Q2 |
| Groupe la Francaise added | 633,148 | $21M | 0.1% | 2026-Q2 |
| Compagnie Lombard Odier SCmA added | 629,267 | $21M | 0.1% | 2026-Q2 |
| ASR Vermogensbeheer N.V. added | 596,263 | $20M | 0.1% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 594,380 | $20M | 0.1% | 2026-Q2 |
| Exane Asset Management added | 565,061 | $19M | 0.1% | 2026-Q2 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 519,236 | $18M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 515,171 | $15M | 0.1% | 2026-Q2 |
| CAPITAL INTERNATIONAL LTD /CA/ trimmed | 497,002 | $17M | 0.1% | 2026-Q2 |
| Rokos Capital Management LLP added | 473,688 | $16M | 0.1% | 2026-Q2 |
| Martin Investment Management, LLC trimmed | 461,285 | $16M | 0.1% | 2026-Q2 |
| Foresight Global Investors, Inc. new | 438,200 | $15M | 0.1% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 426,347 | $14M | 0.1% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 414,958 | $14M | 0.1% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC trimmed | 409,769 | $14M | 0.1% | 2026-Q2 |
| DJE Kapital AG added | 402,277 | $14M | 0.1% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 398,862 | $13M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 395,763 | $13M | 0.1% | 2026-Q2 |
| Westend Capital Management, LLC trimmed | 369,119 | $12M | 0.1% | 2026-Q2 |
| Creative Planning added | 363,738 | $12M | 0.1% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 343,619 | $12M | 0.1% | 2026-Q2 |
| Assenagon Asset Management S.A. trimmed | 333,726 | $11M | 0.1% | 2026-Q2 |
| ROYAL LONDON ASSET MANAGEMENT LTD trimmed | 329,502 | $11M | 0.1% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 319,884 | $11M | 0.1% | 2026-Q2 |
| PRUDENTIAL PLC added | 317,169 | $11M | 0.1% | 2026-Q2 |
| Point72 Asset Management, L.P. trimmed | 287,797 | $10M | 0.0% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 286,587 | $10M | 0.0% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 285,768 | $10M | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.