SEC 13F Intelligence

Managers / Q1 2023 · view latest →

COMMERZBANK AKTIENGESELLSCHAFT /FI

CIK 0000852933 · 1 KAISERPLATZ, FRANKFURT, 2M, 60311 · 496913629502

Reported Value
$1.9B
Q1 2023
Positions
126
Filings on Record
59
2019–present window
Filed
Oct 2, 2024
amendment (RESTATEMENT)

Summary

Commerzbank Aktiengesellschaft /Fi reported $1.9B in U.S.-listed holdings across 126 positions for Q1 2023.

Its largest position, MSFT, represents 13.6% of the portfolio.

Compared with Q4 2022, the fund opened 9 new positions and exited 10.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+60.0%
share of reported value
Largest Position
+13.6%
Microsoft
New / Exited
9 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $11.0BQ1 ’19Q2 ’19: $12.6BQ3 ’19: $13.1BQ4 ’19: $10.3BQ1 ’20: $2.2BQ1 ’20Q2 ’20: $938MQ3 ’20: $1.0BQ4 ’20: $1.3BQ1 ’21: $1.5BQ1 ’21Q2 ’21: $1.6BQ3 ’21: $1.7BQ4 ’21: $1.8BQ1 ’22: $1.8BQ1 ’22Q2 ’22: $1.4BQ3 ’22: $1.4BQ4 ’22: $1.6BQ1 ’23: $1.9BQ1 ’23Q2 ’23: $2.0BQ3 ’23: $2.1BQ4 ’23: $2.5BQ1 ’24: $3.0BQ1 ’24Q2 ’24: $3.0BQ3 ’24: $3.8BQ4 ’24: $4.2BQ1 ’25: $4.3BQ1 ’25Q2 ’25: $4.4BQ3 ’25: $4.8BQ4 ’25: $4.9BQ1 ’26: $4.8BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 98.8%REIT: 1.1%ADR: 0.1%Other: 0.0%
  • Common Stock · 98.8% · $1.8B
  • REIT · 1.1% · $20M
  • ADR · 0.1% · $1M
  • Other · 0.0% · $155,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XYLXYLEM INCNEW+60.4K60.4K+$6M$6M
SJMSMUCKER J M CONEW+13.9K13.9K+$2M$2M
BKNGBOOKING HOLDINGS INCNEW+772772+$2M$2M
BIDUBAIDU INCNEW+2.1K2.1K+$313,000$313,000
IBNICICI BANK LIMITEDNEW+12.4K12.4K+$268,000$268,000
BABOEING CONEW+1.2K1.2K+$259,000$259,000
AVGOBROADCOM INCNEW+363363+$233,000$233,000
DOCHEALTHPEAK PROPERTIES INCNEW+10.5K10.5K+$231,000$231,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

122 positions (from 123 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM13.55%$251M871.6K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.71%$143M1.38M
3AAPLAPPLE INChistory →COM6.49%$120M730.0K
4JNJJOHNSON & JOHNSONhistory →COM6.41%$119M767.4K
5TMOTHERMO FISHER SCIENTIFIC INChistory →COM5.92%$110M190.6K
6DEUTSCHE BANK A GNAMEN AKT4.72%$87M8.56M
7PYPLPAYPAL HLDGS INChistory →COM3.88%$72M947.0K
8VVISA INChistory →COM CL A3.85%$71M316.9K
9CSCOCISCO SYS INChistory →COM3.78%$70M1.34M
10CMCSACOMCAST CORP NEWhistory →CL A3.72%$69M1.82M
11JPMJPMORGAN CHASE & CO.history →COM3.18%$59M453.0K
12AMZNAMAZON COM INChistory →COM2.89%$54M519.0K
13NVDANVIDIA CORPORATIONhistory →COM2.87%$53M191.8K
14PGPROCTER AND GAMBLE COhistory →COM2.66%$49M331.6K
15ABTABBOTT LABShistory →COM2.37%$44M434.4K
16TAT&T INChistory →COM2.06%$38M1.98M
17TMUST-MOBILE US INChistory →COM1.83%$34M234.3K
18UNHUNITEDHEALTH GROUP INChistory →COM1.74%$32M68.5K
19HONHONEYWELL INTL INChistory →COM1.71%$32M166.3K
20PANWPALO ALTO NETWORKS INChistory →COM1.60%$30M148.3K
21ADBEADOBE INChistory →COM1.39%$26M66.7K
22BDXBECTON DICKINSON & COhistory →COM1.14%$21M85.5K
23KOCOCA COLA COhistory →COM1.02%$19M304.3K
24NEMNEWMONT CORPhistory →COM0.95%$18M357.9K
25WMWASTE MGMT INC DELhistory →COM0.94%$17M106.8K
26PEPPEPSICO INChistory →COM0.92%$17M94.0K
27CRMSALESFORCE INChistory →COM0.81%$15M75.5K
28EXMOCEXXON MOBIL CORPhistory →COM0.66%$12M111.8K
29MCDMCDONALDS CORPhistory →COM0.54%$10M36.0K
30BACBANK AMERICA CORPCOM0.52%$10M334.9K
31DISDISNEY WALT COCOM0.47%$9M86.7K
32AMGNAMGEN INCCOM0.46%$9M35.6K
33CMECME GROUP INCCOM0.41%$8M40.0K
34XYLXYLEM INCCOM0.34%$6M60.4K
35AXPAMERICAN EXPRESS COCOM0.34%$6M37.9K
36QCOMQUALCOMM INCCOM0.33%$6M48.2K
37MMM3M COCOM0.31%$6M54.0K
38ORCLORACLE CORPCOM0.26%$5M52.1K
39DUKDUKE ENERGY CORP NEWCOM NEW0.25%$5M47.9K
40CVXCHEVRON CORP NEWCOM0.23%$4M26.6K
41AMTAMERICAN TOWER CORP NEWCOM0.23%$4M21.2K
42DEDEERE & COCOM0.22%$4M9.9K
43TRVTRAVELERS COMPANIES INCCOM0.20%$4M21.5K
44NKENIKE INCCL B0.17%$3M25.3K
45PFEPFIZER INCCOM0.16%$3M74.4K
46INTCINTEL CORPCOM0.16%$3M92.0K
47BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.15%$3M8.9K
48HASHASBRO INCCOM0.15%$3M50.2K
49PLDPROLOGIS INC.COM0.14%$3M20.3K
50MRKMERCK & CO INCCOM0.13%$2M23.5K
51CLCOLGATE PALMOLIVE COCOM0.13%$2M33.2K
52CCICROWN CASTLE INCCOM0.13%$2M17.7K
53VZVERIZON COMMUNICATIONS INCCOM0.12%$2M57.6K
54SJMSMUCKER J M COCOM0.12%$2M13.9K
55UPSUNITED PARCEL SERVICE INCCL B0.12%$2M11.1K
56WMTWALMART INCCOM0.11%$2M14.2K
57BKNGBOOKING HOLDINGS INCCOM0.11%$2M772
58ABXBARRICK GOLD CORPCOM0.10%$2M103.6K
59USBUS BANCORP DELCOM0.10%$2M50.4K
60WELLWELLTOWER INCCOM0.10%$2M25.1K
61IBMINTERNATIONAL BUSINESS MACHSCOM0.09%$2M12.2K
62HDHOME DEPOT INCCOM0.08%$1M4.8K
63CBCHUBB LIMITEDCOM0.08%$1M7.2K
64MAMASTERCARD INCORPORATEDCL A0.07%$1M3.7K
65UNPUNION PAC CORPCOM0.07%$1M6.2K
66HPQHP INCCOM0.07%$1M42.1K
67TSLATESLA INCCOM0.07%$1M5.9K
68SLBSCHLUMBERGER LTDCOM STK0.05%$1M20.5K
69OREALTY INCOME CORPCOM0.05%$975,00015.4K
70IPINTERNATIONAL PAPER COCOM0.05%$900,00024.9K
71PSAPUBLIC STORAGE OPER COCOM0.05%$888,0002.9K
72KHCKRAFT HEINZ COCOM0.05%$882,00022.8K
73SPGSIMON PPTY GROUP INC NEWCOM0.05%$843,0007.5K
74GSGOLDMAN SACHS GROUP INCCOM0.04%$770,0002.4K
75WYWEYERHAEUSER CO MTN BECOM NEW0.04%$740,00024.6K
76EBAYEBAY INC.COM0.04%$735,00016.6K
77EQIXEQUINIX INCCOM0.04%$722,0001.0K
78BXPBOSTON PROPERTIES INCCOM0.04%$710,00013.1K
79DLRDIGITAL RLTY TR INCCOM0.04%$702,0007.1K
80CORCENCORA INCCOM0.04%$694,0004.3K
81ACIWACI WORLDWIDE INCCOM0.04%$669,00024.8K
82EXCEXELON CORPCOM0.03%$633,00015.1K
83METAMETA PLATFORMS INCCL A0.03%$610,0002.9K
84PAYXPAYCHEX INCCOM0.03%$600,0005.2K
85GRMNGARMIN LTDCOM0.03%$586,0005.8K
86CCITIGROUP INCCOM0.03%$582,00012.4K
87CAHCARDINAL HEALTH INCCOM0.03%$485,0006.4K
88VTRVENTAS INCCOM0.03%$479,00011.0K
89CINFCINCINNATI FINL CORPCOM0.03%$475,0004.2K
90GE AEROSPACECOM NEW0.03%$469,0004.9K
91AJGGALLAGHER ARTHUR J & COCOM0.02%$456,0002.4K
92ESSESSEX PPTY TR INCCOM0.02%$452,0002.2K
93MDLZMONDELEZ INTL INCCL A0.02%$447,0006.4K
94OXYOCCIDENTAL PETE CORPCOM0.02%$440,0007.0K
95EXREXTRA SPACE STORAGE INCCOM0.02%$384,0002.4K
96AVBAVALONBAY CMNTYS INCCOM0.02%$370,0002.2K
97FDXFEDEX CORPCOM0.02%$367,0001.6K
98DDDUPONT DE NEMOURS INCCOM0.02%$360,0005.0K
99SBACSBA COMMUNICATIONS CORP NEWCOM0.02%$349,0001.3K
100MAAMID-AMER APT CMNTYS INCCOM0.02%$331,0002.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.8B354May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.9B374Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.8B354Oct 31, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.4B359Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.3B349May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.2B334Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.8B303Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.0B244Jul 22, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.0B245May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.5B201Sep 30, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$2.1B141Sep 30, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2023$2.0B134Oct 1, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2023$1.9B126Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2022$1.6B127Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2022$1.4B123Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2022$1.4B68Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2022$1.8B69Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2021$1.8B72Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2021$1.7B76Oct 1, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2021$1.6B70Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2021$1.5B78Oct 2, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2020$1.3B87Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2020$1.0B88Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2020$938M97Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2020$2.2B458Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2019$10.3B707Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2019$13.1B828Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2019$12.6B1,057Oct 3, 2024RESTATEMENTchanges · EDGAR ↗
Q1 2019$11.0B860Oct 3, 2024RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.