DEUTSCHE BANK AG\

Deutsche Bank AG's 13F book eased to $302.7B in Q1 2026 from $307.1B, with broad reductions across its technology leaders — Microsoft (-$3.3B), Alphabet (-$1.5B), Nvidia (-$1.2B), and Apple (-$807M) — alongside trims to JPMorgan (-$839M) and Eli Lilly (-$829M). Nvidia (5.18%), Microsoft (3.99%), and Apple (3.90%) remain the anchors. The clearest build was energy: Exxon Mobil (+$801M), with new positions in Schlumberger, Chevron, Intel, Equinix, and Uber. Adobe, Oracle, IBM, and Wells Fargo were sold.