SecurityPPL / PPL Corp.
InstitutionDeutsche Bank Ag\
Shares2,953,974
Value $ 83,564,000
Related 69352PAC7 / Ppl Capital Funding 6.7% Fix To Flt Jr Subordinated Notes 3/30/67
69352PAE3 / Ppl Capital Funding Inc. 3.50% 12/01/22
69352PAD5 / Ppl Capital Funding Inc 4.20% 06/15/22
69351UAQ6 / Ppl Electric Utilities 2.50% 09/01/22
69351UAP8 / Ppl Electric Utilities 3% 09/15/21
69351UAN3 / Ppl Electric Utilities 5.2% 07/15/41
69351UAH6 / Ppl Electric Utilities 6.45% Notes 8/15/37
69351UAK9 / Ppl Elec Utils Corp Sr Secd Ambac 37 08/15/37
69352JAH0 / Ppl Energy Supply 6.2% Notes 5/15/16
69352JAM9 / Ppl Energy Supply 6.3% Senior Notes 7/15/13
69352JAG2 / Ppl Energy Supply Llc Res Put Sec 35 10/15/35
69352JAF4 / Ppl Energy Supply Llc Senior Notes 5.4% 08/15/14
69352JAK3 / Ppl Energy Supply Llc Senior Notes 6% 12/15/36
69352JAL1 / Ppl Energy Supply Llc Senior Notes 6.5% 05/01/18

Deutsche Bank Ag\ reports 18.82% decrease in ownership of PPL / PPL Corp.

May 15, 2018 - Deutsche Bank Ag\ has filed a 13F-HR form disclosing ownership of 2,953,974 shares of PPL Corp. (NYSE:PPL) with total holdings valued at $83,564,000 USD as of March 31, 2018. Deutsche Bank Ag\ had filed a previous 13F-HR on February 14, 2018 disclosing 3,638,954 shares of PPL Corp. at a value of $112,621,000 USD. This represents a change in shares of -18.82 percent and a change in value of -25.80 percent during the quarter.

Deutsche Bank Ag\ has a history of taking positions in derivatives of the underlying security (PPL) in the form of stock options. The firm currently holds 0 call options valued at $0 USD .

Other investors with positions similar to Deutsche Bank Ag\ include Morgan Stanley, Raymond James & Associates, Pictet Asset Management Ltd, Franklin Resources Inc, FIL Ltd, and Two Sigma Investments Llc.

PPL Corp. has declared a standard industrial code (sic) of 4911 which is the "Electric Services" 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 PPL COM 69351T106 29.62 2,953,974 -18.82 83,564 -25.80 -20,288 -8,769 -7.79
2017-12-31 13F-HR PPL COM 69351T106 34.45 3,638,954 -0.32 112,621 -18.71 -406 -25,514 -18.42
2017-09-30 13F-HR PPL COM 69351T106 38.30 3,650,730 81.54 138,541 78.21 62,810 -2,008 -2.58
2017-06-30 13F-HR PPL COM 69351T106 38.02 2,010,939 -5.78 77,739 -2.58 -4,692 2,632 3.30
2017-03-31 13F-HR PPL COM 69351T106 35.72 2,134,326 22.86 79,799 34.91 14,184 6,465 10.93
2016-12-31 13F-HR PPL COM 69351T106 34.31 1,737,228 -57.90 59,150 -58.53 -81,958 -1,526 -1.07
2016-09-30 13F-HR PPL COM 69351T106 36.16 4,126,057 84.28 142,634 68.76 68,233 -10,119 -11.97
2016-06-30 13F-HR PPL COM 69351T106 37.91 2,239,027 10.79 84,520 9.86 8,268 -681 -0.89
2016-03-31 13F-HR PPL COM 69351T106 36.10 2,020,911 5.02 76,933 17.14 3,487 7,772 11.83
2015-12-31 13F-HR PPL COM 69351T106 33.51 1,924,306 1.32 65,674 5.14 838 2,372 3.80
2015-09-30 13F-HR PPL COM 69351T106 31.18 1,899,301 -61.56 62,464 -57.10 -94,846 11,693 8.03
2015-06-30 13F-HR PPL COM 69351T106 31.56 4,941,333 -34.24 145,617 -42.43 -81,218 -26,096 -10.32
2015-03-31 13F-HR PPL COM 69351T106 34.99 7,514,431 209.29 252,931 186.56 177,938 -13,271 -15.04
2014-12-31 13F-HR PPL COM 69351T106 34.58 2,429,606 82.17 88,264 101.54 37,897 6,573 15.01
2014-09-30 13F-HR PPL COM 69351T106 34.18 1,333,737 -0.99 43,794 -8.49 -454 -3,607 -7.54
2014-06-30 13F-HR PPL COM 69351T106 45.11 1,347,006 64.55 47,855 6.88 23,838 -20,759 -46.36
2014-03-31 13F-HR PPL UNIT 99/99/9999S 69351T114 43.92 818,597 -64.22 44,776 -40.94 -64,532 33,490 44.17
2014-03-31 13F-HR PPL COM 69351T106 43.92 2,287,959 75,818 64,532 -33,490 -74.79

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 PPL COM 69351T106 Call 0 -100.00 0 0 0
2017-12-31 13F-HR PPL COM 69351T106 Call 18.97 2 -99.87 0 -100.00 -28 -29 -50.07
2017-09-30 13F-HR PPL COM 69351T106 Call 18.97 1,502 75,000.00 57 28 29
2017-06-30 13F-HR PPL COM 69351T106 Call 15.46 2 -97.94 0 -100.00 -1 -2 -51.03
2017-03-31 13F-HR PPL COM 69351T106 Call 30.88 97 -57.27 3 -57.14 -4 0 0.21
2016-12-31 13F-HR PPL COM 69351T106 Call 31.09 227 -35.33 7 -36.36 -4 -0 -1.32
2016-09-30 13F-HR PPL COM 69351T106 Call 34.17 351 -65.82 11 -71.05 -23 -4 -10.27
2016-06-30 13F-HR PPL COM 69351T106 Call 1,027 38 38 0
2015-09-30 13F-HR PPL COM 69351T106 Call 0 -100.00 0 -100.00 0 0
2015-06-30 13F-HR PPL COM 69351T106 Call 30.87 907 0.00 26 -13.33 0 -4 -13.33
2015-03-31 13F-HR PPL COM 69351T106 Call 34.68 907 -45.16 30 -50.00 -26 -4 -6.83
2014-12-31 13F-HR PPL COM 69351T106 Call 34.54 1,654 32.32 60 46.34 14 5 12.31
2014-09-30 13F-HR PPL COM 69351T106 Call 34.00 1,250 0.00 41 -6.82 0 -3 -6.82
2014-06-30 13F-HR PPL COM 69351T106 Call 18.09 1,250 -38.42 44 2,100.00 -14 56 2,805.61
2014-03-31 13F-HR PPL COM 69351T106 Call 2,030 2


CUSIP: 69351T106