SEC 13F Intelligence

Managers / Q1 2025 · view latest →

COMMERZBANK AKTIENGESELLSCHAFT /FI

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

Reported Value
$4.3B
Q1 2025
Positions
349
Filings on Record
59
2019–present window
Filed
May 2, 2025
original filing

Summary

Commerzbank Aktiengesellschaft /Fi reported $4.3B in U.S.-listed holdings across 349 positions for Q1 2025.

Its largest position, MSFT, represents 7.9% of the portfolio.

Compared with Q4 2024, the fund opened 30 new positions and exited 15.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+43.6%
share of reported value
Largest Position
+7.9%
Microsoft
New / Exited
30 / 15
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%
  • Common Stock · 99.0% · $4.3B
  • REIT · 0.9% · $39M
  • ADR · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RACEFERRARI N VNEW+87.8K87.8K+$38M$38M
CINFCINCINNATI FINANCIAL CORPNEW+13.7K13.7K+$2M$2M
WATWATERS CORPNEW+5.2K5.2K+$2M$2M
TSMTAIWAN SEMICONDUCTOR MFG LTDNEW+7.8K7.8K+$1M$1M
HBANHUNTINGTON BANCSHARES INCNEW+66.2K66.2K+$995,000$995,000
RFREGIONS FINANCIAL CORPNEW+45.6K45.6K+$991,000$991,000
AONAON PLC-CLASS ANEW+2.0K2.0K+$802,000$802,000
AEEAMEREN CORPORATIONNEW+6.7K6.7K+$669,000$669,000

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

Holdings — Q1 2025

348 positions (from 349 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM7.95%$341M908.4K
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C6.26%$269M1.74M
3AAPLAPPLE INChistory →COM5.44%$233M1.05M
4AVGOBROADCOM INChistory →COM3.97%$170M1.02M
5METAMETA PLATFORMS INChistory →CL A3.76%$161M280.0K
6JNJJOHNSON & JOHNSONhistory →COM3.75%$161M969.2K
7PGPROCTER AND GAMBLE COhistory →COM3.67%$157M923.2K
8JPMJPMORGAN CHASE & CO.history →COM3.32%$143M581.5K
9IBMINTERNATIONAL BUSINESS MACHShistory →COM2.87%$123M494.8K
10VVISA INChistory →COM CL A2.66%$114M325.4K
11MCDMCDONALDS CORPhistory →COM2.57%$110M353.6K
12NVDANVIDIA CORPORATIONhistory →COM2.42%$104M960.1K
13AMGNAMGEN INChistory →COM2.39%$103M329.2K
14CATCATERPILLAR INChistory →COM2.37%$102M308.4K
15QCOMQUALCOMM INChistory →COM2.36%$101M660.6K
16CSCOCISCO SYS INChistory →COM2.31%$99M1.60M
17CVXCHEVRON CORP NEWhistory →COM2.20%$94M564.1K
18HONHONEYWELL INTL INChistory →COM2.18%$93M440.9K
19EXMOCEXXON MOBIL CORPhistory →COM2.11%$90M760.2K
20AMZNAMAZON COM INChistory →COM1.93%$83M436.3K
21TAT&T INChistory →COM1.72%$74M2.61M
22HDHOME DEPOT INChistory →COM1.67%$72M195.4K
23KOCOCA COLA COhistory →COM1.63%$70M975.2K
24MDLZMONDELEZ INTL INChistory →CL A1.58%$68M997.1K
25PANWPALO ALTO NETWORKS INChistory →COM1.47%$63M368.7K
26TMUST-MOBILE US INChistory →COM1.22%$52M196.0K
27ORCLORACLE CORPhistory →COM1.17%$50M360.6K
28TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.98%$42M84.2K
29DEUTSCHE BANK A GNAMEN AKT0.89%$38M1.59M
30RACEFERRARI N Vhistory →COM0.88%$38M87.8K
31LLYELI LILLY & COhistory →COM0.78%$33M40.6K
32GSGOLDMAN SACHS GROUP INChistory →COM0.68%$29M53.7K
33ABTABBOTT LABShistory →COM0.66%$28M212.5K
34CRMSALESFORCE INChistory →COM0.63%$27M100.0K
35UBERUBER TECHNOLOGIES INChistory →COM0.60%$26M352.8K
36UNHUNITEDHEALTH GROUP INChistory →COM0.57%$24M46.6K
37WMWASTE MGMT INC DELhistory →COM0.57%$24M105.0K
38MAMASTERCARD INCORPORATEDhistory →CL A0.55%$24M42.9K
39SYKSTRYKER CORPORATIONhistory →COM0.53%$23M60.7K
40PEPPEPSICO INChistory →COM0.47%$20M135.9K
41GE AEROSPACECOM NEW0.41%$18M88.0K
42MRKMERCK & CO INChistory →COM0.35%$15M165.8K
43ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.34%$15M46.7K
44BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.33%$14M26.5K
45CMCSACOMCAST CORP NEWhistory →CL A0.31%$13M360.4K
46CMECME GROUP INChistory →COM0.30%$13M49.2K
47ABBVABBVIE INChistory →COM0.29%$12M59.3K
48BKNGBOOKING HOLDINGS INChistory →COM0.29%$12M2.7K
49DEDEERE & COhistory →COM0.27%$12M24.9K
50XYLXYLEM INChistory →COM0.26%$11M91.8K
51INTCINTEL CORPhistory →COM0.24%$10M457.0K
52BACBANK AMERICA CORPCOM0.23%$10M236.6K
53TRVTRAVELERS COMPANIES INCCOM0.23%$10M36.6K
54PFEPFIZER INCCOM0.22%$9M371.4K
55COSTCOSTCO WHSL CORP NEWCOM0.21%$9M9.6K
56DISDISNEY WALT COCOM0.21%$9M90.8K
57UPSUNITED PARCEL SERVICE INCCL B0.19%$8M75.3K
58VZVERIZON COMMUNICATIONS INCCOM0.19%$8M179.4K
59AXPAMERICAN EXPRESS COCOM0.19%$8M29.9K
60NFLXNETFLIX INCCOM0.19%$8M8.5K
61DUKDUKE ENERGY CORP NEWCOM NEW0.18%$8M64.2K
62TXNTEXAS INSTRS INCCOM0.18%$8M43.5K
63FDXFEDEX CORPCOM0.17%$7M30.7K
64USBUS BANCORPCOM0.17%$7M172.3K
65ADBEADOBE INCCOM0.17%$7M18.5K
66AMTAMERICAN TOWER CORP NEWCOM0.16%$7M32.1K
67WFCWELLS FARGO CO NEWCOM0.16%$7M93.7K
68TSLATESLA INCCOM0.15%$7M25.6K
69NEMNEWMONT CORPCOM0.15%$6M134.0K
70WMTWALMART INCCOM0.13%$6M65.8K
71MRSHMARSH & MCLENNAN COS INCCOM0.13%$6M23.3K
72ISRGINTUITIVE SURGICAL INCCOM NEW0.13%$6M11.1K
73SJMJM SMUCKER CO/THECOM0.13%$5M46.1K
74NKENIKE INCCL B0.12%$5M83.9K
75LINLINDE PLCCOM0.12%$5M11.0K
76MMM3M COCOM0.12%$5M33.9K
77NEENEXTERA ENERGY INCCOM0.11%$5M66.1K
78PLDPROLOGIS INC.COM0.10%$4M40.1K
79UNPUNION PACIFIC CORPCOM0.10%$4M18.9K
80METMETLIFE INCCOM0.10%$4M55.4K
81KHCKRAFT HEINZ COCOM0.10%$4M142.0K
82HPQHP INCCOM0.10%$4M154.5K
83ADPAUTOMATIC DATA PROCESSINGCOM0.10%$4M13.9K
84KLACKLA CORPCOM NEW0.10%$4M6.2K
85MCOMOODYS CORPCOM0.10%$4M8.9K
86AMATAPPLIED MATLS INCCOM0.09%$4M27.7K
87COPCONOCOPHILLIPSCOM0.09%$4M38.2K
88CCICROWN CASTLE INCCOM0.09%$4M38.5K
89CVSCVS HEALTH CORPCOM0.09%$4M54.2K
90MSMORGAN STANLEYCOM NEW0.08%$4M30.6K
91CBCHUBB LIMITEDCOM0.08%$4M11.7K
92CITHE CIGNA GROUPCOM0.08%$3M10.0K
93AREALEXANDRIA REAL ESTATE EQUITCOM0.07%$3M34.8K
94LOWLOWE'S COS INCCOM0.07%$3M13.1K
95AMDADVANCED MICRO DEVICES INCCOM0.07%$3M27.3K
96ADIANALOG DEVICES INCCOM0.06%$3M13.8K
97EDCONSOLIDATED EDISON INCCOM0.06%$3M24.5K
98ITWILLINOIS TOOL WORKSCOM0.06%$3M10.8K
99EXCEXELON CORPCOM0.06%$3M58.3K
100EQIXEQUINIX INCCOM0.06%$3M3.2K

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 ↗.