Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in DB held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | DEUTSCHE BANK AG\ | 69.9M | $2.08B | +23.1% | 3.652% | 0.69% |
| 2 | Amundi | 60.1M | $1.79B | +11.4% | 3.139% | 0.49% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 54.4M | $1.62B | — | 2.846% | 0.04% |
| 4 | UBS Group AG | 40.1M | $1.19B | +9.5% | 2.095% | 0.18% |
| 5 | Fisher Asset Management, LLC | 28.4M | $845.6M | +3.6% | 1.484% | 0.29% |
| 6 | GOLDMAN SACHS GROUP INC | 28.1M | $837.2M | +29.4% | 1.469% | 0.10% |
| 7 | Capital World Investors | 25.3M | $740.9M | +130037.3% | 1.323% | 0.10% |
| 8 | CAUSEWAY CAPITAL MANAGEMENT LLC | 25.0M | $723.3M | +75.9% | 1.305% | 8.88% |
| 9 | Capital International Investors | 23.5M | $685.2M | -64.6% | 1.231% | 0.16% |
| 10 | CITIGROUP INC | 23.0M | $679.4M | +230.9% | 1.200% | 0.29% |
| 11 | BANK OF AMERICA CORP /DE/ | 21.4M | $637.9M | +83.1% | 1.120% | 0.05% |
| 12 | SIH Partners, LLLP | 19.7M | $586.6M | +60.5% | 1.030% | 7.75% |
| 13 | VANGUARD FIDUCIARY TRUST CO | 15.4M | $458.4M | — | 0.805% | 0.12% |
| 14 | Legal & General Group Plc | 14.5M | $420.2M | -1.0% | 0.759% | 0.10% |
| 15 | AQR CAPITAL MANAGEMENT LLC | 13.6M | $394.5M | +70.4% | 0.710% | 0.18% |
| 16 | BNP Paribas Asset Management Holding S.A. | 13.3M | $387.1M | +225.9% | 0.697% | 0.45% |
| 17 | ENTRUST GLOBAL PARTNERS L L C | 12.1M | $352.4M | 0.0% | 0.635% | 77.36% |
| 18 | DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt | 9.4M | $271.9M | -35.6% | 0.492% | 0.27% |
| 19 | FRANKLIN RESOURCES INC | 9.1M | $264.7M | +2.1% | 0.477% | 0.06% |
| 20 | VANGUARD ASSET MANAGEMENT, Ltd | 8.7M | $258.8M | — | 0.455% | 0.22% |
| 21 | Liontrust Investment Partners LLP | 5.7M | $221.7M | 0.0% | 0.298% | 3.29% |
| 22 | FMR LLC | 6.4M | $189.5M | -49.1% | 0.333% | 0.01% |
| 23 | MORGAN STANLEY | 5.7M | $168.6M | +20.6% | 0.296% | 0.01% |
| 24 | HSBC HOLDINGS PLC | 4.8M | $137.7M | — | 0.248% | 0.07% |
| 25 | TWO SIGMA INVESTMENTS, LP | 4.6M | $137.1M | +6944.1% | 0.241% | 0.11% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in DB — a direct measure of their conviction.
Filings activity in DB during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new DB position in Q1 2026
Institutions that fully closed their DB position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 459 | 3.8% | 30.41% | 7.00 pp | $19.38B | 19% |
| Q4 2025 | 477 | +14% | 37.41% | 0.66 pp | $23.84B | 1.7% |
| Q3 2025 | 419 | +2.4% | 38.07% | +6.36 pp | $24.26B | +20% |
| Q2 2025 | 409 | +20% | 31.71% | +8.97 pp | $20.21B | +39% |
| Q1 2025 | 341 | +12% | 22.74% | +7.50 pp | $14.49B | +49% |
| Q4 2024 | 304 | +7.4% | 15.24% | +0.71 pp | $9.71B | +4.9% |
| Q3 2024 | 283 | +0.0% | 14.53% | +0.76 pp | $9.26B | +5.5% |
| Q2 2024 | 283 | — | 13.77% | — | $8.77B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying DB stock.
Based on Q1 2026 13F filings, institutional ownership of Deutsche Bank AG stands at 30.4%, held across 459 reporting institutions.
DEUTSCHE BANK AG\ is the largest reported institutional holder of DB, with approximately 69,876,566 shares worth $2.08B as of Q1 2026.
Yes — 2 widely-followed marquee investors appear among the top 25 institutional holders of DB, including Fisher Asset Management, LLC, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for DB is 39 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
69 institutions opened new positions in DB during Q1 2026, while 87 fully exited. 68 added to existing positions and 319 trimmed.
DB institutional ownership fell by 7.00 percentage points quarter-over-quarter, with a net change of -18 holders.
The top 10 institutions account for 57.8% of all reported 13F value in DB, and the top 25 account for 83.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Deutsche Bank AG (DB) Institutional Ownership