Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
According to Jinse Finance APP, based on disclosures from the U.S. Securities and Exchange Commission (SEC), Deutsche Bank (DB.US) has submitted its third-quarter holdings report (13F) for the period ending September 30, 2026.
Statistics show that Deutsche Bank's total market value of holdings for the third quarter reached $362 billion, up from $344 billion in the previous quarter, representing a quarter-over-quarter increase of 5.23%. During the third quarter, Deutsche Bank added 108 new stocks to its holdings and increased holdings in 1,150 stocks. At the same time, Deutsche Bank reduced holdings in 2,213 stocks and completely sold out 186 stocks. The top ten holdings accounted for 28.29% of the total market value.
Among the top ten heavyweight stocks: NVIDIA (NVDA.US) ranked first, with 91.462 million shares held and a market value of about $20.888 billion, accounting for 5.76% of the portfolio (up from 5.34% in the previous quarter).
Microsoft (MSFT.US) ranked second, with 34.796 million shares held and a market value of about $17.847 billion, accounting for 4.93% of the portfolio (up from 3.53% in the previous quarter).
Apple (AAPL.US) ranked third, with 46.431 million shares held and a market value of about $15.462 billion, accounting for 4.27% of the portfolio (up from 3.97% in the previous quarter).
Google (GOOGL.US) ranked fourth, with 30.959 million shares held and a market value of about $10.65 billion, accounting for 2.94% of the portfolio (down from 3.17% in the previous quarter).
Amazon (AMZN.US) ranked fifth, with 36.806 million shares held and a market value of about $9.17 billion, accounting for 2.53% of the portfolio (up from 2.44% in the previous quarter).
Google-C (GOOG.US), Meta Platforms (META.US), AMD (AMD.US), Micron Technology (MU.US), and Broadcom (AVGO.US) ranked sixth through tenth, respectively.
In terms of changes in portfolio proportions, the top five largest buys were: Microsoft (MSFT.US), AMD (AMD.US), Palantir (PLTR.US), Crowdstrike (CRWD.US), and Salesforce (CRM.US).
The top five largest sells were: Applied Materials (AMAT.US), Intel (INTC.US), AstraZeneca (AZN.US), Seagate Technology (STX.US), and Johnson & Johnson (JNJ.US).
Regarding portfolio preferences, IT, financial, and communications stocks ranked as the top three, accounting for 31.16%, 13.31%, and 9.73% of the holdings, respectively.
It is worth noting that, in addition to the above major buys, Deutsche Bank also increased positions in AI industry downstream cloud service companies such as Palo Alto Networks (PANW.US) and Arista Networks (ANET.US) during the third quarter.
On the selling side, Deutsche Bank sold some major AI chip hardware stocks, including NVIDIA (NVDA.US), Intel (INTC.US), Applied Materials (AMAT.US), Cisco (CSCO.US), Seagate (STX.US), and SanDisk (SNDK.US). In addition, Deutsche Bank reduced its own stock holdings by 10.5 million shares, with the holding ratio decreasing from 0.75% to 0.66%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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