NVIDIA, Microsoft & More: Deutsche Bank's Q3 2025 Stock Holdings

In the third quarter of 2025, Deutsche Bank's investment portfolio continued to showcase significant holdings in several major U.S. companies. As required by the U.S. Securities and Exchange Commission (SEC), Deutsche Bank disclosed its U.S. investments, revealing a portfolio valued at approximately $298.44 billion.

Market Analysis

The bank's largest holding was in NVIDIA, with 90,371,322 shares valued at around $16.86 billion, representing 5.65% of the portfolio. This strategic increase solidified NVIDIA's position at the top of Deutsche Banks investment list. Despite buying an additional 1,142,344 shares, Microsoft's position fell to second, with 32,147,987 shares valued at $16.65 billion, making up 5.58% of the portfolio. Apple, holding steady in third place, saw a reduction of 2,684,222 shares, leaving 47,106,689 shares valued at $11.99 billion, which accounted for 4.02% of the total portfolio. Alphabet's Class A and C shares were also significant. The bank reduced its holdings in Alphabet A by 1,421,904 shares, maintaining 37,174,602 shares valued at $9.04 billion, or 3.03% of its portfolio. Meanwhile, the C shares accounted for 1.54% of the portfolio, with 18,810,318 shares valued at $4.58 billion. Amazon maintained its fifth-place position, with 32,973,194 shares valued at $7.24 billion, representing 2.43% of the portfolio. Meta, previously known as Facebook, held its ground in sixth place, with 8,692,661 shares valued at $6.38 billion, making up 2.14% of the portfolio. Broadcom saw an increase, moving up in the rankings with 15,418,374 shares valued at $5.08 billion, or 1.70% of the portfolio. Tesla remained at ninth with 8,800,014 shares valued at $3.91 billion, accounting for 1.31% of the portfolio, despite a sale of 1,476,115 shares. Lastly, Visa held its tenth position with 9,543,156 shares valued at $3.26 billion, representing 1.09% of the portfolio. Overall, Deutsche Bank's investment strategy in Q3 2025 displayed a strong focus on technology and innovation-driven companies, reflecting the bank's confidence in these sectors' long-term potential.