Institutional Manager · CIK 0000852933

COMMERZBANK AKTIENGESELLSCHAFT /FI

Frankfurt, 2M · File #028-13528

Latest AUM

$4.9M

Positions

374

Top-10 Concentration

50.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	ALPHABET INC	GOOG	-492,692	-$154,213	+$103,241
ADD	CISCO SYS INC	CSCO	+767,774	+$59,142	+$13,663
ADD	VERIZON COMMUNICATIONS INC	VZ	+872,068	+$35,519	-$1,097
REDUCE	BROADCOM INC	AVGO	-95,178	-$32,941	+$8,539
ADD	INTERNATIONAL BUSINESS MACHS	INTR	+102,877	+$30,473	+$7,640
REDUCE	MICROSOFT CORP	MSFT	-50,196	-$24,276	-$23,483
ADD	HONEYWELL INTL INC	438516106	+118,895	+$23,195	-$4,675
ADD	NETFLIX INC	NFLX	+234,845	+$22,019	-$30,472
REDUCE	T-MOBILE US INC	TMUSZ	-105,898	-$21,502	-$5,883
REDUCE	QUALCOMM INC	QCOM	-123,091	-$21,055	+$2,218

Sector Allocation

Technology

26.9%$1.3M

Financials

10.0%$492,017

Healthcare

9.2%$454,574

Consumer Discretionary

6.8%$336,863

Consumer Staples

5.4%$265,267

Energy

5.1%$249,350

Communication Services

3.8%$188,409

3.3%$160,623

0.5%$26,789

0.3%$13,209

0.2%$10,218

Filing History

Feb 5, 202613F HOLDINGS REPORTQ/E Dec 2025374 pos · $4.9M
Oct 31, 202513F HOLDINGS REPORTQ/E Sep 2025354 pos · $4.8M
Jul 24, 202513F HOLDINGS REPORTQ/E Jun 2025359 pos · $4.4M
May 2, 202513F HOLDINGS REPORTQ/E Mar 2025349 pos · $4.3M
Feb 6, 202513F HOLDINGS REPORTQ/E Dec 2024334 pos · $4.2M
Oct 22, 202413F HOLDINGS REPORTQ/E Sep 2024303 pos · $3.8M
Oct 4, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024999 pos · $11.5M
Oct 4, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024928 pos · $10.6M
Oct 4, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024940 pos · $9.7M
Oct 4, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024958 pos · $8.7M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024968 pos · $9.8M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 202497 pos · $937,872
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 202487 pos · $1.3M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 20241,057 pos · $12.6M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024458 pos · $2.2M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 202488 pos · $1.0M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024828 pos · $13.1M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024707 pos · $10.3M
Oct 3, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024860 pos · $11.0M
Oct 2, 202413F HOLDINGS REPORT (Amended)Q/E Sep 202472 pos · $1.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ALPHABET INC	GOOG	984,283	$308,081	7.44%
2	MICROSOFT CORP	MSFT	633,851	$306,543	7.40%
3	APPLE INC	AAPL	1,029,804	$279,963	6.76%
4	INTERNATIONAL BUSINESS MACHS	INTR	646,619	$191,535	4.62%
5	JOHNSON & JOHNSON	JNJ	889,390	$184,059	4.44%
6	CISCO SYS INC	CSCO	2,354,648	$181,379	4.38%
7	VISA INC	V	501,893	$176,019	4.25%
8	JPMORGAN CHASE & CO.	VYLD	486,779	$156,850	3.79%
9	COCA COLA CO	KO	2,220,868	$155,261	3.75%
10	NVIDIA CORPORATION	NVDA	831,141	$155,008	3.74%
11	BROADCOM INC	AVGO	432,252	$149,602	3.61%
12	CHEVRON CORP NEW	CVX	842,374	$128,386	3.10%
13	DEUTSCHE BANK A G	D18190898	3,258,795	$125,659	3.03%
14	MCDONALDS CORP	MCD	409,297	$125,093	3.02%
15	AT&T INC	T-PC	4,508,830	$111,999	2.70%
16	META PLATFORMS INC	META	160,059	$105,653	2.55%
17	EXXON MOBIL CORP	XOM	706,971	$85,077	2.05%
18	AMAZON COM INC	AMZN	365,478	$84,360	2.04%
19	PROCTER AND GAMBLE CO	742718109	582,167	$83,430	2.01%
20	HONEYWELL INTL INC	438516106	422,277	$82,382	1.99%