DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
SEC Form 13F institutional filer · CIK 0001694217
13F-HR · 420 reported holdings · 2026-03-31
Central bank of Germany.
Reported long-US-equity value
$91.42B
Top-10 concentration
39.4%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main — $91.4B AUM allocation strategy
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main files SEC Form 13F and reports $91.4B of long US equity value across 420 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 26.1%, followed by Communication Services 8.1% and Financials 5.7%.
The top 10 holdings account for 39% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$91.4B
total across 420 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
39% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$SW +9.89M sh · +$395M+$EQT +6.51M sh · +$463M+$EW +5.08M sh · +$367M
Biggest trims (shares)
−$ABBV −7.83M sh · −$1.8B−$NOW −7.08M sh · −$1.12B−$NKE −7M sh · −$451M
Exited to nil (held last quarter, gone now)
$IYY ($24.8M last qtr)$VEEV ($12M last qtr)$TYL ($9.72M last qtr)$TECH ($4.9M last qtr)$WY ($3.39M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors12.1%—
- Interactive Media & Services8.1%—
- Technology Hardware, Storage & Peripherals7.5%—
- Systems Software4.8%—
- Diversified Banks4.2%—
- Broadline Retail3.9%—
- Consumer Staples Merchandise Retail2.1%—
- Health Care REITs1.9%—
- Other holdings55.5%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 49.4M | $8.61B | +122K | 9.4% |
| $AAPL | Apple Inc | 21.4M | $5.43B | +1.64M | 5.9% |
| $MSFT | Microsoft Corporation | 11.8M | $4.37B | -1.87M | 4.8% |
| $AMZN | Amazon.com Inc | 17.1M | $3.55B | -2.45M | 3.9% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 12.1M | $3.49B | -139K | 3.8% |
| $AVGO | Broadcom Inc | 7.98M | $2.47B | -746K | 2.7% |
| $JPM | JP Morgan Chase & Co | 7.56M | $2.23B | -1.57M | 2.4% |
| $META | Meta Platforms Inc | 3.78M | $2.16B | +1.02M | 2.4% |
| $WMT | Walmart Inc | 15.5M | $1.93B | -1.45M | 2.1% |
| $WELL | Welltower Inc | 8.77M | $1.73B | -454K | 1.9% |
…and 410 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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