Marty Whitman
Third Avenue Management
Third Avenue Management DEUTSCHE BANK AG-REGISTERED stake
total: 405
Third Avenue Management DB trades
- Total transactions:
- 20
- New positions:
- 3
- Sold out:
- 3
- Added:
- 7
- Reduced:
- 7
- Held since:
- 2025 Q4
- Held for:
- 1 quarter
- Latest activity:
- 2026 Q1
According to 2026 Q2 report, Third Avenue Management doesn't hold any DEUTSCHE BANK AG-REGISTERED (DB) shares. To date, the estimated cost basis is nearly $38.56 for "buy" trades and estimated average "sell" price is $38.56. Third Avenue Management first purchased DB in 2017 Q2, initially acquiring 400,000 shares. Third Avenue Management later completely sold out the position and invested in DEUTSCHE BANK AG-REGISTERED again in 2025 Q4. Since the initial investment in DEUTSCHE BANK AG-REGISTERED (DB), Third Avenue Management has made 19 more transactions.
When did Third Avenue Management sell DEUTSCHE BANK AG-REGISTERED (DB)?
Third Avenue Management sold off the entire DEUTSCHE BANK AG-REGISTERED (DB) position in 2026 Q1.
When did Third Avenue Management buy DEUTSCHE BANK AG-REGISTERED (DB)?
Third Avenue Management first invested in DEUTSCHE BANK AG-REGISTERED (DB) in 2017 Q2 at the reported quarter-end price of $17.79 per share.
What's the cost basis of Third Avenue Management's DB stake?
The estimated cost basis for DEUTSCHE BANK AG-REGISTERED (DB) stake is around $38.56 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $38.56
- Weighted AVG sell price:
- $38.56
Third Avenue Management's historical trades in DEUTSCHE BANK AG-REGISTERED
20 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
0.00%
|
0
|
$38.56
|
|
-100% (-337,193)
|
-2.36%
|
|
2025 Q4
|
2.36%
|
337,193
|
$38.56
|
$13,002,162
|
new
|
+2.36%
|
|
2025 Q3
|
0.00%
|
0
|
$29.55
|
|
-100% (-1,021,558)
|
-6.22%
|
|
2025 Q2
|
6.22%
|
1,021,558
|
$29.55
|
$30,182,748
|
-29.43% (-426,012)
|
-2.52%
|
|
2025 Q1
|
6.84%
|
1,447,570
|
$23.57
|
$34,119,225
|
-33.80% (-738,934)
|
-3.37%
|
|
2024 Q4
|
7.29%
|
2,186,504
|
$17.23
|
$37,674,994
|
-12.15% (-302,426)
|
-0.85%
|
|
2024 Q3
|
7.04%
|
2,488,930
|
$17.30
|
$43,049,778
|
+0.29% (+7,232)
|
+0.02%
|
|
2024 Q2
|
6.80%
|
2,481,698
|
$15.98
|
$39,651,696
|
-0.18% (-4,582)
|
-0.01%
|
|
2024 Q1
|
6.25%
|
2,486,280
|
$15.75
|
$39,155,429
|
-0.01% (-289)
|
-0%
|
|
2023 Q4
|
5.57%
|
2,486,569
|
$13.66
|
$33,961,311
|
+0.05% (+1,228)
|
+0%
|
|
2023 Q3
|
4.57%
|
$10.97
|
-18.48% (-563,229)
|
|||
|
2023 Q2
|
5.28%
|
$10.49
|
+1.24% (+37,467)
|
|||
|
2023 Q1
|
5.23%
|
$10.16
|
+4.25% (+122,738)
|
|||
|
2022 Q4
|
5.68%
|
$11.30
|
new
|
|||
|
2018 Q3
|
0.00%
|
$10.62
|
-100% (-322,000)
|
|||
|
2018 Q2
|
0.17%
|
$10.62
|
-54.00% (-378,000)
|
|||
|
2018 Q1
|
0.50%
|
$13.98
|
+16.67% (+100,000)
|
|||
|
2017 Q4
|
0.55%
|
$19.03
|
+20.00% (+100,000)
|
|||
|
2017 Q3
|
0.39%
|
$17.28
|
+25.00% (+100,000)
|
|||
|
2017 Q2
|
0.32%
|
$17.79
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.