The Federal Republic’s shareholding including that of KfW, Kreditanstalt für Wiederaufbau, stands at approximately 32 percent. The proportion of institutional investors is 52 percent of share capital, while the share of retail investors is 16 percent. As a result, the percentage of shares in free float remains at 68 percent of share capital.
All data have been updated as of September 30, 2019.
Shareholder | September 30, 2019 | | June 30, 2019 | | March 31, 2019 | | December 31, 2018 | |
| % | # 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 |
| 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 |
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 |
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 |
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 |
