SecurityNBL / Noble Energy, Inc.
InstitutionDeutsche Bank Ag\
Shares3,633,667
Value $ 110,096,000
Related 654894AG9 / Noble Affiliates Inc Senior Debentures 7.25% 08/01/97
654894AE4 / Noble Affiliates Inc Senior Notes 7.25% 10/15/23
654894AF1 / Noble Affiliates Inc Senior Notes 8% 04/01/27
655044AF2 / Noble Energy Inc. 4.15% 12/15/21
655044AA3 / Noble Energy Inc 5.250% Notes 04/15/14
655044AE5 / Noble Energy Inc. 6.0% Senior Notes 03/01/41
655044AD7 / Noble Energy Inc 8.25% Senior Notes 03/01/19
655044AM7 / Noble Energy, Inc. Bond

Deutsche Bank Ag\ reports 7.38% increase in ownership of NBL / Noble Energy, Inc.

May 15, 2018 - Deutsche Bank Ag\ has filed a 13F-HR form disclosing ownership of 3,633,667 shares of Noble Energy, Inc. (NYSE:NBL) with total holdings valued at $110,096,000 USD as of March 31, 2018. Deutsche Bank Ag\ had filed a previous 13F-HR on February 14, 2018 disclosing 3,383,890 shares of Noble Energy, Inc. at a value of $98,603,000 USD. This represents a change in shares of 7.38 percent and a change in value of 11.66 percent during the quarter.

Deutsche Bank Ag\ has a history of taking positions in derivatives of the underlying security (NBL) in the form of stock options. The firm currently holds 132 call options valued at $3,000 USD and 850 put options valued at $25,000 USD .

Other investors with positions similar to Deutsche Bank Ag\ include Orbis Allan Gray Ltd, Ubs Asset Management Americas Inc, Alliancebernstein L.p., Henderson Group Plc, Neuberger Berman Group LLC, and Wellington Management Group LLP.

Noble Energy, Inc. has declared a standard industrial code (sic) of 1311 which is the "Crude Petroleum and Natural Gas" industry. Deutsche Bank Ag\'s top industries are "Fishing hunting and trapping" (sic 09), "Forestry" (sic 08), and "Legal Services" (sic 81).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR NOBLE ENERGY COM 655044105 29.72 3,633,667 7.38 110,096 11.66 7,423 4,070 4.13
2017-12-31 13F-HR NOBLE ENERGY COM 655044105 28.75 3,383,890 25.12 98,603 28.56 19,528 2,377 3.10
2017-09-30 13F-HR NOBLE ENERGY COM 655044105 28.33 2,704,606 10.32 76,698 10.55 7,169 153 0.22
2017-06-30 13F-HR NOBLE ENERGY COM 655044105 31.32 2,451,552 32.33 69,376 9.05 18,757 -12,997 -20.43
2017-03-31 13F-HR NOBLE ENERGY COM 655044105 36.20 1,852,647 46.18 63,616 31.90 21,186 -5,801 -12.03
2016-12-31 13F-HR NOBLE ENERGY COM 655044105 36.90 1,267,349 -31.33 48,231 -26.88 -21,338 3,609 5.47
2016-09-30 13F-HR NOBLE ENERGY COM 655044105 35.80 1,845,649 -25.70 65,960 -25.97 -22,855 -282 -0.32
2016-06-30 13F-HR NOBLE ENERGY COM 655044105 33.64 2,484,002 -14.03 89,097 -1.82 -13,633 11,982 13.20
2016-03-31 13F-HR NOBLE ENERGY COM 655044105 32.17 2,889,269 92.95 90,748 84.06 44,772 -3,328 -6.75
2015-12-31 13F-HR NOBLE ENERGY COM 655044105 31.55 1,497,410 43.47 49,304 56.56 14,315 3,496 11.10
2015-09-30 13F-HR NOBLE ENERGY COM 655044105 36.43 1,043,697 -55.23 31,493 -68.35 -46,905 -21,099 -21.21
2015-06-30 13F-HR NOBLE ENERGY COM 655044105 45.79 2,331,364 6.86 99,497 -6.74 6,851 -14,037 -13.16
2015-03-31 13F-HR NOBLE ENERGY COM 655044105 48.16 2,181,733 -19.30 106,683 -16.79 -25,124 3,592 2.80
2014-12-31 13F-HR NOBLE ENERGY COM 655044105 57.89 2,703,367 -28.54 128,215 -50.42 -62,497 -67,880 -26.25
2014-09-30 13F-HR NOBLE ENERGY COM 655044105 72.91 3,782,899 49.75 258,592 32.16 91,624 -28,705 -14.67
2014-06-30 13F-HR NOBLE ENERGY COM 655044105 74.25 2,526,190 19.68 195,673 30.49 30,837 14,886 9.93
2014-03-31 13F-HR NOBLE ENERGY COM 655044105 2,110,861 149,950

Call Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR NOBLE ENERGY COM 655044105 Call 132 3 3 0
2017-09-30 13F-HR NOBLE ENERGY COM 655044105 Call 0 -100.00 0 -100.00 0 0
2017-06-30 13F-HR NOBLE ENERGY COM 655044105 Call 29.43 331 49.77 9 28.57 3 -1 -17.68
2017-03-31 13F-HR NOBLE ENERGY COM 655044105 Call 221 7 7 0
2016-03-31 13F-HR NOBLE ENERGY COM 655044105 Call 0 -100.00 0 -100.00 0 0
2015-12-31 13F-HR NOBLE ENERGY COM 655044105 Call 150 4

Put Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR NOBLE ENERGY COM 655044105 Put 28.76 850 70.68 25 78.57 10 1 6.26
2017-12-31 13F-HR NOBLE ENERGY COM 655044105 Put 28.06 498 -0.40 14 0.00 -0 0 0.40
2017-09-30 13F-HR NOBLE ENERGY COM 655044105 Put 28.00 500 0.00 14 0.00 0 0 0.00
2017-06-30 13F-HR NOBLE ENERGY COM 655044105 Put 500 14 14 0
2015-03-31 13F-HR NOBLE ENERGY COM 655044105 Put 0 -100.00 0 -100.00 0 0
2014-12-31 13F-HR NOBLE ENERGY COM 655044105 Put 57.86 5,549 -22.94 263 -46.54 -96 -133 -27.12
2014-09-30 13F-HR NOBLE ENERGY COM 655044105 Put 7,201 492


CUSIP: 655044105