SEC 13F Intelligence

Managers / Q3 2025 · view latest →

COMMERZBANK AKTIENGESELLSCHAFT /FI

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

Reported Value
$4.8B
Q3 2025
Positions
354
Filings on Record
59
2019–present window
Filed
Oct 31, 2025
original filing

Summary

Commerzbank Aktiengesellschaft /Fi reported $4.8B in U.S.-listed holdings across 354 positions for Q3 2025.

Its largest position, GOOGL, represents 7.8% of the portfolio.

Compared with Q2 2025, the fund opened 18 new positions and exited 13.

Portfolio Metrics

Turnover
+4.8%
vs prior filed quarter
Top-10 Concentration
+44.2%
share of reported value
Largest Position
+7.8%
Alphabet
New / Exited
18 / 13
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: 98.5%REIT: 1.4%ADR: 0.1%Other: 0.0%US DOMESTIC: 0.0%
  • Common Stock · 98.5% · $4.7B
  • REIT · 1.4% · $65M
  • ADR · 0.1% · $3M
  • Other · 0.0% · $1M
  • US DOMESTIC · 0.0% · $351,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WFCWELLS FARGO & CONEW+102.5K102.5K+$9M$9M
MSMORGAN STANLEYNEW+34.1K34.1K+$5M$5M
GILDGILEAD SCIENCES INCNEW+12.5K12.5K+$1M$1M
ATOATMOS ENERGY CORPNEW+7.3K7.3K+$1M$1M
WTRGESSENTIAL UTILITIES INCNEW+27.3K27.3K+$1M$1M
HOODROBINHOOD MARKETS INC - ANEW+3.6K3.6K+$511,000$511,000
SPOTIFY TECHNOLOGY SANEW+502502+$351,000$351,000
GLWCORNING INCNEW+3.8K3.8K+$311,000$311,000

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

Holdings — Q3 2025

352 positions (from 353 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.77%$374M1.54M
2MSFTMICROSOFT CORPhistory →COM7.36%$354M684.0K
3AAPLAPPLE INChistory →COM5.85%$282M1.11M
4AVGOBROADCOM INChistory →COM3.61%$174M527.4K
5VVISA INChistory →COM CL A3.52%$169M496.5K
6NVDANVIDIA CORPORATIONhistory →COM3.47%$167M896.6K
7JNJJOHNSON & JOHNSONhistory →COM3.30%$159M856.7K
8JPMJPMORGAN CHASE & CO.history →COM3.23%$156M493.4K
9IBMINTERNATIONAL BUSINESS MACHShistory →COM3.19%$153M543.7K
10KOCOCA COLA COhistory →COM2.86%$138M2.07M
11CVXCHEVRON CORP NEWhistory →COM2.71%$130M840.0K
12MCDMCDONALDS CORPhistory →COM2.36%$113M373.5K
13DEUTSCHE BANK A GNAMEN AKT2.30%$111M3.13M
14CSCOCISCO SYS INChistory →COM2.26%$109M1.59M
15METAMETA PLATFORMS INChistory →CL A2.19%$105M143.3K
16TAT&T INChistory →COM2.18%$105M3.73M
17AMZNAMAZON COM INChistory →COM2.01%$97M440.4K
18PGPROCTER AND GAMBLE COhistory →COM1.83%$88M575.0K
19EXMOCEXXON MOBIL CORPhistory →COM1.64%$79M698.9K
20QCOMQUALCOMM INChistory →COM1.63%$79M472.8K
21CATCATERPILLAR INChistory →COM1.49%$72M150.5K
22PANWPALO ALTO NETWORKS INChistory →COM1.48%$71M349.0K
23HONHONEYWELL INTL INChistory →COM1.33%$64M303.4K
24ORCLORACLE CORPhistory →COM1.08%$52M185.0K
25HDHOME DEPOT INChistory →COM1.06%$51M125.9K
26GSGOLDMAN SACHS GROUP INChistory →COM1.01%$48M60.8K
27PEPPEPSICO INChistory →COM0.96%$46M328.0K
28AMGNAMGEN INChistory →COM0.95%$46M162.1K
29TMUST-MOBILE US INChistory →COM0.80%$39M161.9K
30NFLXNETFLIX INChistory →COM0.69%$33M27.6K
31ABTABBOTT LABShistory →COM0.68%$33M245.2K
32MAMASTERCARD INCORPORATEDhistory →CL A0.67%$32M57.0K
33MDLZMONDELEZ INTL INChistory →CL A0.66%$32M506.4K
34TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.65%$31M64.0K
35LLYELI LILLY & COhistory →COM0.63%$30M39.8K
36WMWASTE MGMT INC DELhistory →COM0.61%$29M132.1K
37MRKMERCK & CO INChistory →COM0.61%$29M347.2K
38UNHUNITEDHEALTH GROUP INChistory →COM0.53%$26M74.2K
39GE AEROSPACECOM NEW0.51%$24M81.1K
40PYPLPAYPAL HLDGS INChistory →COM0.51%$24M363.4K
41BKNGBOOKING HOLDINGS INChistory →COM0.48%$23M4.3K
42ABBVABBVIE INChistory →COM0.43%$21M90.1K
43CMCSACOMCAST CORP NEWhistory →CL A0.37%$18M566.2K
44CMECME GROUP INChistory →COM0.33%$16M58.9K
45INTCINTEL CORPhistory →COM0.32%$15M452.6K
46ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.31%$15M61.5K
47VZVERIZON COMMUNICATIONS INChistory →COM0.31%$15M340.6K
48CRMSALESFORCE INChistory →COM0.31%$15M62.9K
49TXNTEXAS INSTRS INChistory →COM0.30%$14M78.8K
50BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.29%$14M28.2K
51EQIXEQUINIX INChistory →COM0.28%$13M17.0K
52PFEPFIZER INChistory →COM0.27%$13M517.6K
53XYLXYLEM INChistory →COM0.27%$13M88.6K
54TSLATESLA INChistory →COM0.26%$13M28.1K
55DEDEERE & COhistory →COM0.25%$12M25.9K
56AMTAMERICAN TOWER CORPhistory →COM0.25%$12M61.4K
57FDXFEDEX CORPhistory →COM0.23%$11M46.8K
58TRVTRAVELERS COMPANIES INChistory →COM0.21%$10M37.0K
59WMTWALMART INChistory →COM0.21%$10M97.9K
60SYKSTRYKER CORPORATIONhistory →COM0.21%$10M27.3K
61UPSUNITED PARCEL SERVICE-CL BCL B0.20%$10M117.0K
62COSTCOSTCO WHSL CORP NEWCOM0.20%$9M10.3K
63BACBANK AMERICA CORPCOM0.19%$9M177.2K
64USBUS BANCORPCOM0.19%$9M186.3K
65ADPAUTOMATIC DATA PROCESSING INCOM0.19%$9M30.5K
66WFCWELLS FARGO & COCOM0.18%$9M102.5K
67BLKBLACKROCK INCCOM0.18%$9M7.4K
68ANETARISTA NETWORKS INCCOM SHS0.18%$9M58.6K
69METMETLIFE INCCOM0.18%$8M103.0K
70MNSTMONSTER BEVERAGE CORP NEWCOM0.17%$8M121.2K
71AXPAMERICAN EXPRESS COCOM0.17%$8M24.2K
72DUKDUKE ENERGY CORP NEWCOM NEW0.17%$8M64.6K
73KLACKLA CORPCOM NEW0.16%$8M7.3K
74SJMJM SMUCKER CO/THECOM0.16%$8M72.4K
75SBUXSTARBUCKS CORPCOM0.16%$8M90.1K
76NKENIKE INCCL B0.15%$7M105.3K
77UNPUNION PACIFIC CORPCOM0.15%$7M30.3K
78PLDPROLOGIS INC.COM0.14%$7M57.6K
79NEENEXTERA ENERGY INCCOM0.14%$7M86.4K
80AMATAPPLIED MATLS INCCOM0.13%$6M31.5K
81ADBEADOBE INCCOM0.13%$6M18.1K
82LINLINDE PLCCOM0.13%$6M12.7K
83AEPAMERICAN ELECTRIC POWERCOM0.12%$6M53.0K
84HPQHP INCCOM0.12%$6M218.6K
85DISDISNEY WALT COCOM0.12%$6M51.9K
86CCICROWN CASTLE INCCOM0.12%$6M61.0K
87KHCKRAFT HEINZ CO/THECOM0.12%$6M219.6K
88COPCONOCOPHILLIPSCOM0.12%$6M60.0K
89MSMORGAN STANLEYCOM0.11%$5M34.1K
90KMBKIMBERLY-CLARK CORPCOM0.11%$5M42.7K
91ISRGINTUITIVE SURGICAL INCCOM NEW0.11%$5M11.8K
92PSXPHILLIPS 66COM0.11%$5M38.3K
93SLBSCHLUMBERGER LTDCOM STK0.11%$5M151.0K
94INTUINTUITCOM0.11%$5M7.6K
95CITHE CIGNA GROUPCOM0.10%$5M17.4K
96AREALEXANDRIA REAL ESTATE EQUITCOM0.10%$5M59.5K
97SNPSSYNOPSYS INCCOM0.10%$5M10.0K
98MCOMOODYS CORPCOM0.10%$5M9.9K
99CVSCVS HEALTH CORPCOM0.10%$5M62.5K
100VICIVICI PROPERTIES INCCOM0.10%$5M141.9K

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 ↗.