CAUSEWAY CAPITAL MANAGEMENT LLC — DEUTSCHE BANK AG NAMEN AKT DB: Quarterly 13F Position History
CAUSEWAY CAPITAL MANAGEMENT LLC has reported DEUTSCHE BANK AG NAMEN AKT (DB) on 5 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2025. As of Q1 2026, the position is sized at 24,962,034 shares ($723.3M market value, 8.88% of the equity book). Quarter-over-quarter share count change: + 10,767,680 (+75.9%) .
- 24,962,034Shares Held (Latest Filing)
- $723.3MReported Market Value (Latest Filing)
- 8.88%Portfolio Weight (% of 13F Equity Book)
- +10,767,680Quarter-over-Quarter Share Change
- +$171.7MQuarter-over-Quarter Value Change
- 24,962,034Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 5 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 24,962,034 | +10,767,680 | +75.9% | $723.3M | 8.88% | $28.98 |
| Q4 2025 | 14,194,354 | 3,424,411 | -19.4% | $551.7M | 7.59% | $38.87 |
| Q3 2025 | 17,618,765 | 1,696,378 | -8.8% | $620.2M | 8.19% | $35.20 |
| Q2 2025 | 19,315,143 | +17,801,643 | +1176.2% | $570.4M | 9.03% | $29.53 |
| Q1 2025 | 1,513,500 | — | — | $36.1M | 0.75% | $23.83 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did CAUSEWAY CAPITAL MANAGEMENT LLC first disclose a DB position in 13F-HR filings?
CAUSEWAY CAPITAL MANAGEMENT LLC first reported DEUTSCHE BANK AG NAMEN AKT (DB) on its 13F-HR filing for the period ending 2025-03-31 (Q1 2025). The position has appeared on 5 reported quarters within Pactolio's tracked window.
What was CAUSEWAY CAPITAL MANAGEMENT LLC's most recent quarter-over-quarter share-count change in DB?
Between Q4 2025 and Q1 2026, CAUSEWAY CAPITAL MANAGEMENT LLC added 10,767,680 shares of DB (+75.9%), bringing the total reported position to 24,962,034 shares at a market value of $723.3M.
Does the implied price-per-share represent CAUSEWAY CAPITAL MANAGEMENT LLC's cost basis in DB?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.