SEC 13F Intelligence

Managers / Q4 2023 · view latest →

COMMERZBANK AKTIENGESELLSCHAFT /FI

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

Reported Value
$2.5B
Q4 2023
Positions
201
Filings on Record
59
2019–present window
Filed
Sep 30, 2024
amendment (RESTATEMENT)

Summary

Commerzbank Aktiengesellschaft /Fi reported $2.5B in U.S.-listed holdings across 201 positions for Q4 2023.

Its largest position, MSFT, represents 13.5% of the portfolio.

Compared with Q3 2023, the fund opened 66 new positions and exited 3.

Portfolio Metrics

Turnover
+0.7%
vs prior filed quarter
Top-10 Concentration
+53.0%
share of reported value
Largest Position
+13.5%
Microsoft
New / Exited
66 / 3
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: 99.0%REIT: 0.9%ADR: 0.1%Other: 0.0%
  • Common Stock · 99.0% · $2.5B
  • REIT · 0.9% · $22M
  • ADR · 0.1% · $3M
  • Other · 0.0% · $260,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSMORGAN STANLEYNEW+9.8K9.8K+$914,000$914,000
DRIDARDEN RESTAURANTS INCNEW+3.8K3.8K+$625,000$625,000
WFCWELLS FARGO CO NEWNEW+11.8K11.8K+$582,000$582,000
LOWLOWE'S COS INCNEW+2.3K2.3K+$507,000$507,000
EDCONSOLIDATED EDISON INCNEW+5.6K5.6K+$506,000$506,000
FDXFEDEX CORPNEW+1.9K1.9K+$478,000$478,000
ISRGINTUITIVE SURGICAL INCNEW+1.3K1.3K+$443,000$443,000
JCIJOHNSON CONTROLS INTERNATIONNEW+7.2K7.2K+$413,000$413,000

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

Holdings — Q4 2023

200 positions (from 201 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM13.47%$339M902.2K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.94%$200M1.43M
3JNJJOHNSON & JOHNSONhistory →COM5.16%$130M829.7K
4TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.18%$105M198.2K
5AMZNAMAZON COM INChistory →COM4.12%$104M682.1K
6DEUTSCHE BANK A GNAMEN AKT4.03%$102M7.49M
7TAT&T INChistory →COM3.92%$99M5.88M
8VVISA INChistory →COM CL A3.50%$88M338.9K
9NVDANVIDIA CORPORATIONhistory →COM3.40%$86M173.0K
10JPMJPMORGAN CHASE & COhistory →COM3.29%$83M486.6K
11CMCSACOMCAST CORP NEWhistory →CL A3.28%$83M1.88M
12AAPLAPPLE INChistory →COM2.97%$75M388.3K
13DISDISNEY WALT COhistory →COM2.87%$72M800.6K
14ACNACCENTURE PLC IRELANDhistory →SHS CLASS A2.82%$71M202.1K
15CSCOCISCO SYS INChistory →COM2.64%$66M1.31M
16PANWPALO ALTO NETWORKS INChistory →COM2.59%$65M221.2K
17PGPROCTER AND GAMBLE COhistory →COM2.26%$57M387.6K
18ADBEADOBE INChistory →COM2.23%$56M94.1K
19PYPLPAYPAL HLDGS INChistory →COM1.69%$42M691.6K
20UNHUNITEDHEALTH GROUP INChistory →COM1.64%$41M78.7K
21HONHONEYWELL INTL INChistory →COM1.63%$41M195.6K
22TMUST-MOBILE US INChistory →COM1.52%$38M239.2K
23NKENIKE INChistory →CL B1.11%$28M257.9K
24CRMSALESFORCE INChistory →COM1.09%$27M104.4K
25ABTABBOTT LABShistory →COM0.99%$25M225.9K
26BDXBECTON DICKINSON & COhistory →COM0.84%$21M86.8K
27KOCOCA COLA COhistory →COM0.83%$21M354.1K
28PEPPEPSICO INChistory →COM0.82%$21M121.5K
29WDAYWORKDAY INChistory →CL A0.79%$20M71.8K
30WMWASTE MGMT INC DELhistory →COM0.74%$19M103.5K
31EXMOCEXXON MOBIL CORPhistory →COM0.68%$17M170.5K
32NEMNEWMONT CORPhistory →COM0.66%$17M400.9K
33MCDMCDONALDS CORPhistory →COM0.62%$16M52.6K
34AMGNAMGEN INChistory →COM0.50%$13M43.6K
35ORCLORACLE CORPhistory →COM0.49%$12M116.2K
36INTCINTEL CORPhistory →COM0.42%$10M208.3K
37AVGOBROADCOM INCCOM0.38%$10M8.5K
38CVXCHEVRON CORP NEWCOM0.38%$10M63.8K
39CMECME GROUP INCCOM0.34%$9M40.9K
40XYLXYLEM INCCOM0.33%$8M71.8K
41DEDEERE & COCOM0.30%$8M18.8K
42PFEPFIZER INCCOM0.26%$6M223.5K
43MMM3M COCOM0.26%$6M58.8K
44BKNGBOOKING HOLDINGS INCCOM0.23%$6M1.6K
45MNSTMONSTER BEVERAGE CORP NEWCOM0.22%$6M96.4K
46GENERAL ELECTRIC COCOM NEW0.21%$5M41.2K
47MRKMERCK & CO INCCOM0.20%$5M47.3K
48DUKDUKE ENERGY CORP NEWCOM NEW0.20%$5M50.7K
49BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.19%$5M13.4K
50WMTWALMART INCCOM0.18%$5M28.9K
51AMTAMERICAN TOWER CORPCOM0.18%$5M20.9K
52TRVTRAVELERS COMPANIES INCCOM0.17%$4M23.1K
53VZVERIZON COMMUNICATIONS INCCOM0.14%$4M96.3K
54MDLZMONDELEZ INTL INCCL A0.14%$4M48.8K
55TSLATESLA INCCOM0.13%$3M13.5K
56UPSUNITED PARCEL SERVICE-CL BCL B0.13%$3M20.7K
57BACBANK AMERICA CORPCOM0.12%$3M87.0K
58HDHOME DEPOT INCCOM0.10%$3M7.6K
59HASHASBRO INCCOM0.10%$3M50.0K
60AXPAMERICAN EXPRESS COCOM0.10%$3M13.4K
61TXNTEXAS INSTRS INCCOM0.09%$2M13.6K
62CCICROWN CASTLE INCCOM0.09%$2M19.5K
63UNPUNION PACIFIC CORPCOM0.09%$2M8.9K
64IBMINTERNATIONAL BUSINESS MACHSCOM0.08%$2M12.9K
65MAMASTERCARD INCORPORATEDCL A0.08%$2M4.8K
66METMETLIFE INCCOM0.08%$2M29.7K
67USBUS BANCORPCOM0.08%$2M44.7K
68HPQHP INCCOM0.07%$2M61.9K
69PLDPROLOGIS INCCOM0.07%$2M14.0K
70SJMJM SMUCKER CO/THECOM0.07%$2M14.1K
71LLYELI LILLY & COCOM0.07%$2M2.9K
72METAMETA PLATFORMS INCCL A0.06%$1M4.2K
73ABBVABBVIE INCCOM0.05%$1M8.8K
74GSGOLDMAN SACHS GROUP INCCOM0.05%$1M3.5K
75NFLXNETFLIX INCCOM0.05%$1M2.4K
76PSXPHILLIPS 66COM0.05%$1M8.6K
77OREALTY INCOME CORPCOM0.05%$1M19.9K
78KMBKIMBERLY-CLARK CORPCOM0.05%$1M9.4K
79COSTCOSTCO WHSL CORP NEWCOM0.04%$1M1.7K
80BLACKROCK INCCOM0.04%$1M1.3K
81QCOMQUALCOMM INCCOM0.04%$1M7.1K
82IPINTERNATIONAL PAPER COCOM0.04%$981,00027.1K
83KHCKRAFT HEINZ COCOM0.04%$978,00026.5K
84VTRVENTAS INCCOM0.04%$960,00019.3K
85SPGSIMON PROPERTY GROUP INCCOM0.04%$956,0006.7K
86MSMORGAN STANLEYCOM0.04%$914,0009.8K
87EQIXEQUINIX INCCOM0.04%$905,0001.1K
88ITWILLINOIS TOOL WORKSCOM0.03%$871,0003.3K
89CCITIGROUP INCCOM0.03%$864,00016.8K
90PSAPUBLIC STORAGECOM0.03%$864,0002.8K
91ACIWACI WORLDWIDE INCCOM0.03%$758,00024.8K
92SUISUN COMMUNITIES INCCOM0.03%$668,0005.0K
93EMBCEMBECTA CORPCOMMON STOCK0.03%$640,00033.8K
94ESSESSEX PROPERTY TRUST INCCOM0.03%$633,0002.6K
95DHRDANAHER CORPCOM0.02%$627,0002.7K
96DRIDARDEN RESTAURANTS INCCOM0.02%$625,0003.8K
97AMDADVANCED MICRO DEVICESCOM0.02%$619,0004.2K
98SBACSBA COMMUNICATIONS CORPCOM0.02%$612,0002.4K
99INTUINTUIT INCCOM0.02%$606,000969
100MPTMEDICAL PROPERTIES TRUST INCCOM0.02%$605,000123.1K

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 ↗.