Large Cap Fund Lifts Deutsche Bank Stake 22.8% as Vector Fund Cuts 23.5%
Large Cap International Portfolio raised its Deutsche Bank AG stake by 22.77%, buying 93,262 shares to reach 502,805 shares. International Vector Equity Portfolio cut its stake by 23.51%, selling 59,039 shares to hold 192,081 shares.
1. LARGE CAP INTERNATIONAL PORTFOLIO Increases Stake Significantly
LARGE CAP INTERNATIONAL PORTFOLIO boosted its position in Deutsche Bank AG by 22.77%, acquiring 93,262 additional shares to bring its total holding to 502,805 shares. This transaction, executed over the past quarter, reflects the fund’s growing confidence in Deutsche Bank’s strategic turnaround efforts under its new leadership team. The purchase represents one of the largest single increases by an institutional investor in the bank this fiscal year, and underscores a broader trend of international portfolios allocating more capital to European financial names.
2. International Vector Equity Portfolio Reduces Exposure
International Vector Equity Portfolio trimmed its exposure to Deutsche Bank AG by 23.51%, offloading 59,039 shares and reducing its total stake to 192,081 shares. The divestiture follows the fund’s recent portfolio rebalancing, which prioritized stability and liquidity amid evolving regulatory headwinds in the banking sector. Despite the reduction, International Vector remains one of the top 10 holders of Deutsche Bank stock, signaling sustained interest but a more cautious outlook compared to earlier quarters.