Deutsche Bank Q2 13F Holdings Total $344 billion; Nvidia Tops, SpaceX Initiated
Deutsche Bank's second-quarter 13F filing for 2026 showed total portfolio value of $344 billion, up 13.5% from $303 billion in the prior quarter. Nvidia became the top holding, with 91.954 million shares valued at $18.399 billion, representing 5.34% of the portfolio. The bank also initiated a position in SpaceX, holding 1.332 million shares worth $228 million after its June 12 Nasdaq listing. Top ten positions accounted for 26.34% of total value. Reductions were led by Microsoft, while additions were led by Micron Technology.
Deutsche Bank submitted its second-quarter holdings report to the U. S. Securities and Exchange Commission for the period ended June 30, 2026. The filing showed total portfolio value of $344 billion for the second quarter, up 13.5% from $303 billion in the previous quarter. The top ten holdings accounted for 26.34% of total portfolio value.
Among the top ten positions, Nvidia rose to the top spot, with 91.954 million shares valued at approximately $18.399 billion, representing 5.34% of the portfolio, compared with 5.18% in the prior quarter. Apple ranked second with 47.202 million shares valued at approximately $13.658 billion, representing 3.97% of the portfolio, versus 3.90% in the prior quarter. Microsoft was third with 32.564 million shares worth about $12.147 billion, representing 3.53% of the portfolio, compared with 3.99% in the prior quarter. Alphabet Class A ranked fourth with 30.553 million shares valued at roughly $10.919 billion, representing 3.17% of the portfolio, up from 2.79%. Amazon was fifth with 35.279 million shares worth about $8.408 billion, representing 2.44% of the portfolio, compared with 2.22% in the prior quarter. Alphabet Class C, Broadcom, Micron Technology, Meta Platforms, and Advanced Micro Devices rounded out the sixth through tenth positions.
In terms of changes in position sizes, the top five additions were Micron Technology, Alphabet Class A, Marvell Technology, Alphabet Class C, and Amazon. The top five reductions were Microsoft, Exxon Mobil, Exelon, T-Mobile US, and PepsiCo. SpaceX officially listed on the Nasdaq on June 12, 2026. Deutsche Bank initiated a position in the company during the quarter, holding about 1.332 million shares with a market value of approximately $228 million.