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Institutional Investment Manager
DEUTSCHE BANK AG\
DEUTSCHE BANK AG\ (CIK: 0000948046), located at Taunusanlage 12 D-60325, Frankfurt Am Main Ge, 2m. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 5,056 holdings with a total value of $124,355,916,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 17,204,463 1,992,613,000 1.60%
2 CISCO SYS INC 48,497,582 1,465,589,000 1.18%
3 MICROSOFT CORP 21,545,721 1,338,843,000 1.08%
4 VERIZON COMMUNICATIONS INC 23,912,958 1,276,467,000 1.03%
5 PFIZER INC 38,818,838 1,260,829,000 1.01%
6 ALPHABET INC 1,579,075 1,251,332,000 1.01%
7 PEPSICO INC 11,284,792 1,180,719,000 0.95%
8 MERCK & CO INC 17,469,568 1,028,426,000 0.83%
9 TRANSCANADA CORP 21,491,863 970,355,000 0.78%
10 CELGENE CORP 8,141,582 942,381,000 0.76%
11 JOHNSON & JOHNSON 7,983,653 919,789,000 0.74%
12 JPMORGAN CHASE & CO 10,562,806 911,458,000 0.73%
13 ENBRIDGE INC 21,504,086 905,748,000 0.73%
14 PROCTER AND GAMBLE CO 10,470,213 880,330,000 0.71%
15 NEXTERA ENERGY INC 7,334,254 876,142,000 0.70%
16 AT&T INC 20,558,576 874,350,000 0.70%
17 ALTRIA GROUP INC 12,320,658 833,116,000 0.67%
18 PHILIP MORRIS INTL INC 8,663,563 792,623,000 0.64%
19 GILEAD SCIENCES INC 11,012,027 788,564,000 0.63%
20 KINDER MORGAN INC DEL 37,421,516 774,996,000 0.62%
21 VISA INC 9,902,858 772,613,000 0.62%
22 UNION PAC CORP 7,263,121 753,034,000 0.61%
23 GENERAL ELECTRIC CO 23,356,381 738,053,000 0.59%
24 DEUTSCHE BANK A G 40,291,547 729,273,000 0.59%
25 HOME DEPOT INC 5,354,324 717,900,000 0.58%
26 EXXON MOBIL CORP 7,355,353 663,884,000 0.53%
27 AMAZON COM INC 871,794 653,724,000 0.53%
28 ALPHABET INC 844,735 651,975,000 0.52%
29 DISNEY WALT CO 6,185,512 644,649,000 0.52%
30 TARGET CORP 8,851,796 639,359,000 0.51%
31 RAYTHEON CO 4,494,524 638,216,000 0.51%
32 PG&E CORP 10,478,081 636,748,000 0.51%
33 AMERICAN TOWER CORP NEW 5,849,367 618,155,000 0.50%
34 ALIBABA GROUP HLDG LTD 7,012,782 615,787,000 0.50%
35 COCA COLA CO 14,775,814 612,599,000 0.49%
36 TIME WARNER INC 6,287,749 606,947,000 0.49%
37 SIMON PROPERTY GROUP 3,357,253 596,479,000 0.48%
38 SEMPRA ENERGY 5,860,380 589,784,000 0.47%
39 CROWN CASTLE 6,726,322 583,635,000 0.47%
40 FACEBOOK INC 4,926,544 566,791,000 0.46%
41 BANK AMER CORP 25,563,563 564,946,000 0.45%
42 PROLOGIS INC 10,474,605 552,946,000 0.44%
43 AMGEN INC 3,700,417 541,031,000 0.44%
44 WELLS FARGO & CO NEW 9,458,987 521,278,000 0.42%
45 BCE INC 12,042,063 520,694,000 0.42%
46 UNITED TECHNOLOGIES CORP 4,725,688 518,025,000 0.42%
47 INTEL CORP 14,052,557 509,679,000 0.41%
48 DOW CHEM CO 8,295,868 474,680,000 0.38%
49 COMCAST CORP NEW 6,862,552 473,852,000 0.38%
50 CHEVRON CORP NEW 3,930,180 462,575,000 0.37%
Page 1 of 102

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000948046-17-000037, filed 2017.02.14).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.