The Federal Republic’s shareholding, including that of Kreditanstalt für Wiederaufbau (KfW), remains unchanged at 31.9 percent. The proportion of institutional investors decreased slightly, to 50.5 percent, while the share of retail investors increased to 17.6 percent. As a result, the percentage of shares in free float remains at around 68 percent of the share capital.
All data have been updated as of December 31, 2020.
Shareholder | December 31, 2020 | | September 30, 2020 | | June 30, 2020 | | March 31, 2020 | | December 31, 2019 | | September 30, 2019 | |
| % | # of shares | % | # of shares | % | # of shares | % | # of shares | % | # of shares | % | # of shares |
Free float | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 | 68.1 | 3,242,678,477 |
| German State | 31.9 | 1,518,780,119 | 31.9 | 1,518,780,119 | 31.9 | 1,518,780,119 | 31.9 | 1,518,780,119 | 31.9 | 1,518,780,119 | 31.9 | 1,518,780,119 |
Bund (part of German state) | 14.5 | 689,601,413 | 14.5 | 689,601,413 | 14.5 | 689,601,413 | 14.5 | 689,601,413 | 14.5 | 689,601,413 | 14.5 | 689,601,413 |
KfW (part of German state) | 17.4 | 829,178,706 | 17.4 | 829,178,706 | 17.4 | 829,178,706 | 17.4 | 829,178,706 | 17.4 | 829,178,706 | 17.4 | 829,178,706 |
Total | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 | 100.0 | 4,761,458,596 |
