SEC 13F Intelligence

Managers / Q4 2025 · view latest →

COMMERZBANK AKTIENGESELLSCHAFT /FI

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

Reported Value
$4.9B
Q4 2025
Positions
374
Filings on Record
59
2019–present window
Filed
Feb 5, 2026
original filing

Summary

Commerzbank Aktiengesellschaft /Fi reported $4.9B in U.S.-listed holdings across 374 positions for Q4 2025.

Its largest position, GOOGL, represents 6.6% of the portfolio.

Compared with Q3 2025, the fund opened 36 new positions and exited 16.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+43.0%
share of reported value
Largest Position
+6.6%
Alphabet
New / Exited
36 / 16
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: 98.6%REIT: 1.3%ADR: 0.0%Other: 0.0%US DOMESTIC: 0.0%
  • Common Stock · 98.6% · $4.8B
  • REIT · 1.3% · $64M
  • ADR · 0.0% · $2M
  • Other · 0.0% · $1M
  • US DOMESTIC · 0.0% · $294,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOLSSOLSTICE ADVANCED MATLS INCNEW+66.1K66.1K+$3M$3M
AESAES CORPNEW+198.9K198.9K+$3M$3M
PFGPRINCIPAL FINANCIAL GROUPNEW+14.5K14.5K+$1M$1M
CHRWC.H. ROBINSON WORLDWIDE INCNEW+7.1K7.1K+$1M$1M
BRBROADRIDGE FINANCIAL SOLUTIONEW+4.8K4.8K+$1M$1M
RPMRPM INTERNATIONAL INCNEW+9.9K9.9K+$1M$1M
PKGPACKAGING CORP OF AMERICANEW+5.0K5.0K+$1M$1M
RPRXROYALTY PHARMA PLC- CL ANEW+25.4K25.4K+$982,000$982,000

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

Holdings — Q4 2025

373 positions (from 374 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GOOGLALPHABET INCCAP STK CL A · CAP STK CL C6.61%$325M1.04M
2MSFTMICROSOFT CORPhistory →COM6.24%$307M633.9K
3AAPLAPPLE INChistory →COM5.70%$280M1.03M
4IBMINTERNATIONAL BUSINESS MACHShistory →COM3.90%$192M646.6K
5JNJJOHNSON & JOHNSONhistory →COM3.75%$184M889.4K
6CSCOCISCO SYS INChistory →COM3.69%$181M2.35M
7VVISA INChistory →COM CL A3.58%$176M501.9K
8JPMJPMORGAN CHASE & CO.history →COM3.19%$157M486.8K
9KOCOCA COLA COhistory →COM3.16%$155M2.22M
10NVDANVIDIA CORPORATIONhistory →COM3.15%$155M831.1K
11AVGOBROADCOM INChistory →COM3.04%$150M432.3K
12CVXCHEVRON CORP NEWhistory →COM2.61%$128M842.4K
13DEUTSCHE BANK A GNAMEN AKT2.56%$126M3.26M
14MCDMCDONALDS CORPhistory →COM2.55%$125M409.3K
15TAT&T INChistory →COM2.28%$112M4.51M
16METAMETA PLATFORMS INChistory →CL A2.15%$106M160.1K
17EXMOCEXXON MOBIL CORPhistory →COM1.73%$85M707.0K
18AMZNAMAZON COM INChistory →COM1.72%$84M365.5K
19PGPROCTER AND GAMBLE COhistory →COM1.70%$83M582.2K
20HONHONEYWELL INTL INChistory →COM1.68%$82M422.3K
21CATCATERPILLAR INChistory →COM1.61%$79M138.2K
22QCOMQUALCOMM INChistory →COM1.22%$60M349.8K
23HDHOME DEPOT INChistory →COM1.17%$57M167.0K
24PANWPALO ALTO NETWORKS INChistory →COM1.13%$56M302.6K
25GSGOLDMAN SACHS GROUP INChistory →COM1.13%$56M63.2K
26VZVERIZON COMMUNICATIONS INChistory →COM1.00%$49M1.21M
27PEPPEPSICO INChistory →COM0.99%$49M339.9K
28AMGNAMGEN INChistory →COM0.99%$49M148.5K
29LLYELI LILLY & COhistory →COM0.81%$40M37.2K
30TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.75%$37M63.8K
31MRKMERCK & CO INChistory →COM0.75%$37M350.8K
32MAMASTERCARD INCORPORATEDhistory →CL A0.67%$33M57.4K
33ORCLORACLE CORPhistory →COM0.67%$33M167.7K
34WMWASTE MGMT INC DELhistory →COM0.63%$31M141.7K
35MDLZMONDELEZ INTL INChistory →CL A0.58%$28M526.9K
36NFLXNETFLIX INChistory →COM0.50%$25M262.4K
37GE AEROSPACECOM NEW0.47%$23M75.0K
38UNHUNITEDHEALTH GROUP INChistory →COM0.46%$23M69.2K
39PYPLPAYPAL HLDGS INChistory →COM0.44%$22M371.0K
40CMCSACOMCAST CORP NEWhistory →CL A0.39%$19M643.8K
41CRMSALESFORCE INChistory →COM0.38%$19M70.4K
42ABBVABBVIE INChistory →COM0.37%$18M79.4K
43BKNGBOOKING HOLDINGS INChistory →COM0.35%$17M3.2K
44CMECME GROUP INChistory →COM0.33%$16M58.9K
45ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.32%$16M58.6K
46WMTWALMART INChistory →COM0.31%$15M138.6K
47XYLXYLEM INChistory →COM0.30%$15M109.0K
48BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.30%$15M29.4K
49BACBANK AMERICA CORPhistory →COM0.30%$15M264.5K
50ABTABBOTT LABShistory →COM0.29%$14M113.6K
51TSLATESLA INChistory →COM0.27%$13M29.9K
52EQIXEQUINIX INChistory →COM0.27%$13M17.5K
53ADBEADOBE INChistory →COM0.27%$13M38.0K
54PFEPFIZER INChistory →COM0.27%$13M524.8K
55FDXFEDEX CORPhistory →COM0.27%$13M45.2K
56MNSTMONSTER BEVERAGE CORP NEWhistory →COM0.25%$12M162.5K
57TXNTEXAS INSTRS INChistory →COM0.25%$12M69.9K
58UPSUNITED PARCEL SERVICE-CL Bhistory →CL B0.23%$12M116.4K
59AMTAMERICAN TOWER CORPhistory →COM0.23%$12M65.7K
60TMUST-MOBILE US INChistory →COM0.23%$11M56.0K
61INTCINTEL CORPhistory →COM0.21%$11M285.5K
62WFCWELLS FARGO & COhistory →COM0.20%$10M107.9K
63USBUS BANCORPCOM0.20%$10M187.0K
64TROWT ROWE PRICE GROUP INCCOM0.20%$10M94.2K
65NKENIKE INCCL B0.19%$9M145.1K
66METMETLIFE INCCOM0.18%$9M110.9K
67AXPAMERICAN EXPRESS COCOM0.18%$9M23.5K
68SYKSTRYKER CORPORATIONCOM0.17%$8M23.1K
69SBUXSTARBUCKS CORPCOM0.17%$8M96.5K
70DUKDUKE ENERGY CORP NEWCOM NEW0.16%$8M69.1K
71GILDGILEAD SCIENCES INCCOM0.16%$8M66.0K
72KLACKLA CORPCOM NEW0.16%$8M6.6K
73SJMJM SMUCKER CO/THECOM0.16%$8M81.4K
74BLKBLACKROCK INCCOM0.16%$8M7.4K
75COSTCOSTCO WHSL CORP NEWCOM0.16%$8M8.9K
76COPCONOCOPHILLIPSCOM0.15%$7M79.8K
77PLDPROLOGIS INC.COM0.15%$7M57.9K
78LINLINDE PLCCOM0.15%$7M17.2K
79AMATAPPLIED MATLS INCCOM0.14%$7M27.4K
80ANETARISTA NETWORKS INCCOM SHS0.14%$7M53.8K
81SLBSLB LIMITEDCOM STK0.14%$7M180.0K
82UNPUNION PACIFIC CORPCOM0.14%$7M29.5K
83ISRGINTUITIVE SURGICAL INCCOM NEW0.13%$7M11.7K
84BSXBOSTON SCIENTIFIC CORPCOM0.13%$6M64.5K
85MSMORGAN STANLEYCOM0.12%$6M34.1K
86DISDISNEY WALT COCOM0.12%$6M52.6K
87OKEONEOK INCCOM0.12%$6M80.1K
88KMIKINDER MORGAN INCCOM0.12%$6M209.2K
89TRVTRAVELERS COMPANIES INCCOM0.12%$6M19.8K
90OMCOMNICOM GROUPCOM0.12%$6M70.0K
91CCICROWN CASTLE INCCOM0.11%$6M63.1K
92KMBKIMBERLY-CLARK CORPCOM0.11%$6M54.6K
93SCHWSCHWAB CHARLES CORPCOM0.11%$6M55.1K
94ADIANALOG DEVICES INCCOM0.11%$5M19.6K
95PSXPHILLIPS 66COM0.11%$5M40.7K
96KHCKRAFT HEINZ CO/THECOM0.10%$5M208.9K
97CITHE CIGNA GROUPCOM0.10%$5M18.4K
98INTUINTUITCOM0.10%$5M7.6K
99ADPAUTOMATIC DATA PROCESSING INCOM0.10%$5M19.2K
100MCOMOODYS CORPCOM0.10%$5M9.5K

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 ↗.