DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
Long book
$108.67B
Q1 2026
Positions
874
Top-10 weight
34%
concentration
Last quarter
+15.3%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main is an institutional manager, running a $108.67B US long book across 874 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.4%
Q2 2024
+5.8%
Q3 2024
+0.9%
Q4 2024
-6.3%
Q1 2025
+12.1%
Q2 2025
+6.7%
Q3 2025
+1.8%
Q4 2025
-4.8%
Q1 2026
+15.3%
Sector allocation
Technology 37%
Industrials 13%
Consumer discretionary 10%
Healthcare 10%
Financials 10%
Other 5%
Services media 4%
Energy 3%
Long book by quarter
What does DZ BANK own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 49.4M | $8.61B | 7.9% | +0.2% |
| AAPL APPLE INC | Technology | 21.4M | $5.43B | 5.0% | +8.3% |
| MSFT MICROSOFT CORP | Technology | 11.8M | $4.37B | 4.0% | -13.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 17.1M | $3.55B | 3.3% | -12.6% |
| GOOGL ALPHABET INC-CL A | Technology | 12.1M | $3.49B | 3.2% | -1.1% |
| AZN ASTRAZENECA PLC | Healthcare | 12.9M | $2.51B | 2.3% | New |
| AVGO BROADCOM INC | Technology | 8.0M | $2.47B | 2.3% | -8.6% |
| JPM JPMORGAN CHASE & CO | Financials | 7.6M | $2.23B | 2.0% | -17.2% |
| META META PLATFORMS INC-CLASS A | Technology | 3.8M | $2.16B | 2.0% | +37.2% |
| TTE TOTALENERGIES SE | Energy | 22.0M | $2.04B | 1.9% | +22.8% |
| WMT WALMART INC | Consumer discretionary | 15.5M | $1.93B | 1.8% | -8.5% |
| GOOG ALPHABET INC-CL C | Technology | 6.0M | $1.72B | 1.6% | +7.6% |
| BAC BANK OF AMERICA CORP | Financials | 33.1M | $1.61B | 1.5% | -15.4% |
| AMAT APPLIED MATERIALS INC | Technology | 4.5M | $1.55B | 1.4% | +12.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 6.2M | $1.51B | 1.4% | +117.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 2.9M | $1.43B | 1.3% | -17.5% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 3.6M | $1.42B | 1.3% | -33.2% |
| PH PARKER HANNIFIN CORP | Industrials | 1.6M | $1.41B | 1.3% | -10.1% |
| AXP AMERICAN EXPRESS CO | Financials | 4.4M | $1.33B | 1.2% | -15.4% |
| CRH CRH PLC | Industrials | 11.8M | $1.24B | 1.1% | -8.5% |
| PWR QUANTA SERVICES INC | Industrials | 2.2M | $1.21B | 1.1% | +7.2% |
| UNP UNION PACIFIC CORP | Industrials | 5.0M | $1.20B | 1.1% | -11.6% |
| LLY ELI LILLY & CO | Healthcare | 1.3M | $1.16B | 1.1% | +28.3% |
| TJX TJX COMPANIES INC | Consumer discretionary | 6.9M | $1.09B | 1.0% | +20.5% |
| EW EDWARDS LIFESCIENCES CORP | Healthcare | 12.8M | $1.03B | 0.9% | +65.7% |
| ANET ARISTA NETWORKS INC | Technology | 8.3M | $1.02B | 0.9% | +131.3% |
| AON AON PLC-CLASS A | Financials | 2.9M | $951.7M | 0.9% | +22.1% |
| NET CLOUDFLARE INC - CLASS A | Technology | 4.5M | $929.1M | 0.9% | +533.1% |
| FTAI FTAI AVIATION LTD | Services media | 3.8M | $919.4M | 0.8% | +59.8% |
| MCK MCKESSON CORP | Consumer discretionary | 1.0M | $906.1M | 0.8% | +30.1% |
| SHW SHERWIN-WILLIAMS CO/THE | Consumer discretionary | 2.7M | $866.4M | 0.8% | -25.4% |
| AEM AGNICO EAGLE MINES LTD | Materials | 4.2M | $860.2M | 0.8% | +27.0% |
| KO COCA-COLA CO/THE | Consumer staples | 11.3M | $856.2M | 0.8% | -21.5% |
| BKR BAKER HUGHES CO | Industrials | 13.7M | $838.5M | 0.8% | +9.7% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 13.2M | $830.2M | 0.8% | -28.6% |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 50.1M | $783.3M | 0.7% | +7.1% |
| C CITIGROUP INC | Financials | 6.7M | $760.7M | 0.7% | +20.8% |
| SPOT SPOTIFY TECHNOLOGY SA | Communications | 1.6M | $758.9M | 0.7% | -17.2% |
| EQT EQT CORP | Energy | 11.3M | $722.0M | 0.7% | +134.7% |
| TSLA TESLA INC | Industrials | 1.9M | $704.9M | 0.6% | +8.7% |
| URI UNITED RENTALS INC | Services media | 929.2K | $677.0M | 0.6% | +556.0% |
| AZO AUTOZONE INC | Consumer discretionary | 199.3K | $673.0M | 0.6% | -9.6% |
| AMRZ AMRIZE LTD | Industrials | 12.0M | $672.2M | 0.6% | +24.3% |
| MA MASTERCARD INC - A | Services media | 1.3M | $658.7M | 0.6% | +104.7% |
| CAT CATERPILLAR INC | Industrials | 918.7K | $650.8M | 0.6% | +18.8% |
| CMS CMS ENERGY CORP | Utilities | 8.1M | $631.1M | 0.6% | +17.0% |
| ORCL ORACLE CORP | Technology | 4.2M | $622.2M | 0.6% | +23.7% |
| GE GENERAL ELECTRIC | Industrials | 2.1M | $602.8M | 0.6% | +0.2% |
| MU MICRON TECHNOLOGY INC | Technology | 1.6M | $543.8M | 0.5% | -16.4% |
| JBHT HUNT (JB) TRANSPRT SVCS INC | Industrials | 2.5M | $536.2M | 0.5% | +19.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 2354 | $112.72B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 2288 | $115.79B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 2250 | $114.15B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 2182 | $100.06B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 2249 | $89.32B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 2079 | $98.58B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | May 4, 2026 | 2140 | $102.02B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 2128 | $102.01B | SEC ↗ | |
| Q2 2024 | 13F-HR/ARESTATEMENT | May 4, 2026 | 2203 | $97.56B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 2244 | $97.57B | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 4, 2026 | 2198 | $93.19B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 2266 | $93.22B | SEC ↗ |