DEUTSCHE BANK AG\ Information

TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN GE, , 00000, (212) 250-1540

Report Date: 03/31/2015

Position Statistics

Total Positions 5,436
New Positions 171
Increased Positions 2,208
Decreased Positions 3,086
Positions with Activity 5,294
Sold Out Positions 971
Total Mkt Value (in $ millions) 156,813

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 4.3%
Capital Goods 3.65%
Conglomerates 0.24%
Consumer Cyclical 2.79%
Consumer/Non-Cyclical 6.03%
Energy 7.21%
Financial 12.95%
Healthcare 10.14%
Services 22.89%
Technology 16.87%
Transportation 2.44%
Utilities 8.25%

3,086 DECREASED Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT -2,028,120 Sold Out 0
MEDTRONIC PLC SHS 382,315 -721,351 (65.36) 5,160,837
ISHARES TR U.S. REAL ES ETF -601,612 Sold Out 0
ISHARES TR NASDQ BIOTEC ETF -569,524 Sold Out 0
MARKET VECTORS ETF TR GOLD MINER ETF -535,390 Sold Out 0
SELECT SECTOR SPDR TR SBI INT-ENERGY -457,029 Sold Out 0
ISHARES TR MSCI EMG MKT ETF -407,537 Sold Out 0
SELECT SECTOR SPDR TR SBI HEALTHCARE -333,070 Sold Out 0
AVALONBAY CMNTYS INC COM 77,374 -307,921 (79.92) 474,831
SELECT SECTOR SPDR TR SBI INT-FINL -270,006 Sold Out 0
ISHARES TR RUSSELL 2000 ETF -252,868 Sold Out 0
ENBRIDGE INC COM 630,494 -245,379 (28.02) 13,629,360
SPDR SERIES TRUST S&P BIOTECH -238,207 Sold Out 0
VANGUARD INDEX FDS TOTAL STK MKT -236,659 Sold Out 0
LILLY ELI & CO COM 261,072 -228,663 (46.69) 3,076,862
SPECTRA ENERGY CORP COM 446,346 -225,543 (33.57) 14,014,001
ISHARES IBOXX HI YD ETF -223,776 Sold Out 0
ITC HLDGS CORP COM 8,543 -218,094 (96.23) 265,725
ISHARES TR CORE S&P MCP ETF -204,689 Sold Out 0
WILLIAMS COS INC DEL COM 420,560 -202,158 (32.46) 7,312,816