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<SEC-DOCUMENT>0001092307-03-000046.txt : 20030205
<SEC-HEADER>0001092307-03-000046.hdr.sgml : 20030205
<ACCEPTANCE-DATETIME>20030205111818
ACCESSION NUMBER:		0001092307-03-000046
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20030205

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEUTSCHE BANK AG\
		CENTRAL INDEX KEY:			0000948046
		IRS NUMBER:				13294498
		STATE OF INCORPORATION:			I8

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		TAUNUSANLAGE 12 D-60325
		CITY:			FRANKFURT AM MAIN GE
		STATE:			I8

	MAIL ADDRESS:	
		STREET 1:		TAUNUSANLAGE 12 D-60325
		CITY:			FRANKFURT AM MAIN
		STATE:			I8

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HANCOCK JOHN BANK & THRIFT OPPORTUNITY FUND
		CENTRAL INDEX KEY:			0000925683
		IRS NUMBER:				043241844
		STATE OF INCORPORATION:			MA

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-50707
		FILM NUMBER:		03539845

	BUSINESS ADDRESS:	
		STREET 1:		101 HUNTINGTON AVE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199
		BUSINESS PHONE:		6173751700

	MAIL ADDRESS:	
		STREET 1:		101 HUNTINGTON AVE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02199

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HANCOCK JOHN REGIONAL BANK & THRIFT FUND
		DATE OF NAME CHANGE:	19940620
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>johnhancock.txt
<DESCRIPTION>ANNUAL FILING
<TEXT>
Deutsche Bank AG
Taunusanlage 12, D-60325
Frankfurt am Main
Federal Republic of Germany



Jeffrey A. Ruiz
Vice President
Telephone: (212) 469-3667


                                February 5, 2003


Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N.W.
Washington, DC  20549
Attn:  Filing Desk


Dear Sir or Madame:

         Re:  Filing of Schedule 13G - John Hancock Bank and Thrift Opportunity


  Pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, attached is one
copy of Schedule 13G with respect to the common stock of the above referenced
corporation.

Please acknowledge your receipt of the Schedule 13G by return e-mail
confirmation.

                                                            Sincerely,



                                                             Jeffrey A. Ruiz






Enclosures

<PAGE>


                             UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549

                             SCHEDULE 13G

                           (Amendment No. )

                Under the Securities Exchange Act of 1934

                 John Hancock Bank and Thrift Opportunity
                 ---------------------------------------
                               NAME OF ISSUER:


                    Common Stock ($0.001 Par Value)
                ---------------------------------------
                     TITLE OF CLASS OF SECURITIES

                             409735107
                ---------------------------------------
                             CUSIP NUMBER


                           December 31, 2002
                ---------------------------------------
        (Date of Event Which Requires Filing of this Statement)


         Check the appropriate box to designate the rule pursuant to which this
         Schedule is filed:

                  [   ] Rule 13d-1(b)

                  [ X ] Rule 13d-1(c)

                  [   ] Rule 13d-1(d)



<PAGE>






1. NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         Deutsche Bank AG*

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [ ]
         (B)    [ ]

3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION

    Federal Republic of Germany

NUMBER OF         5.       SOLE VOTING POWER
SHARES                     7,661,393
BENEFICIALLY      6.       SHARED VOTING POWER
OWNED BY                   0
EACH              7.       SOLE DISPOSITIVE POWER
REPORTING                  7,661,393
PERSON WITH       8.       SHARED DISPOSITIVE POWER
                           0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON


10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
     SHARES [ ]

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

        9.0%

12. TYPE OF REPORTING PERSON

         HC, CO, BK

 * In accordance with Securities Exchange Act Release No. 39538 (January 12,
  1998), this filing reflects the securities beneficially owned by the
  Corporate and Investment Banking business group and the Corporate Investments
  business group (collectively, "CIB") of Deutsche Bank AG and its subsidiaries
  and affiliates (collectively, "DBAG"). This filing does not reflect
  securities, if any, beneficially owned by any other business group of DBAG.
  Consistent with Rule 13d-4 under the Securities Exchange Act of 1934 ("Act"),
  this filing shall not be construed as an admission that CIB is, for purposes
  of Section 13(d) under the Act, the beneficial owner of any securities
  covered by the filing. Furthermore, CIB disclaims beneficial ownership of the
  securities beneficially owned by (i) any client accounts with respect to
  which CIB or its employees have voting or investment discretion, or both, and
  (ii) certain investment entities, of which CIB is the general partner,
  managing general partner, or other manager, to the extent interests in such
  entities are held by persons other than CIB.


<PAGE>


Item 1(a).        Name of Issuer:

                  John Hancock Bank and Thrift Opportunity (the "Issuer")

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  The address of the Issuer's principal executive offices is:

                  101 Huntington Avenue Boston, MA 02199

Item 2(a).        Name of Person Filing:

                  This statement is filed on behalf of Deutsche Bank AG,
                  ("Reporting Person").

Item 2(b).        Address of Principal Business Office or, if none, Residence:

                  The principal place of business of the Reporting Person is:

                           Taunusanlage 12, D-60325
                           Frankfurt am Main
                           Federal Republic of Germany

Item 2(c).        Citizenship:

                  The citizenship of the Reporting Person is set forth on the
                  cover page.

Item 2(d).        Title of Class of Securities:

                  The title of the securities is common stock, $0.001 par value

                  ("Common Stock").

Item 2(e).        CUSIP Number:

                  The CUSIP number of the Common Stock is set forth on the cover
                  page.

Item 3.          If this statement is filed pursuant to Rules 13d-1(b), or
                 13d-2(b) or (c), check whether the person filing is a:

                 (a)  [ ] Broker or dealer registered under section 15 of
                      the Act;

                 (b)  [ ] Bank as defined in section 3(a)(6) of the Act;

                 (c)  [ ]Insurance Company as defined in section 3(a)(19)
                      of the Act;

                 (d)  [ ] Investment Company registered under section 8
                      of the Investment Company Act of 1940;

                 (e)  [ ] An investment adviser in accordance with Rule
                      13d-1(b)(1)(ii)(E);

                 (f)  [ ] An employee benefit plan, or endowment fund in
                      accordance with Rule 13d-1 (b)(1)(ii)(F);

                 (g)  [ ] parent holding company or control person in
                      accordance with Rule 13d-1 (b)(1)(ii)(G);

                 (h)  [ ] A savings association as defined in section
                      3(b) of the Federal Deposit Insurance Act;

                 (i)  [ ] A church plan that is excluded from the
                      definition of an investment company under section
                      3(c)(14) of the Investment Company Act of 1940;

                 (j)  [ ] Group, in accordance with Rule 13d-1
                      (b)(1)(ii)(J).


Item 4.           Ownership.

           (a)  Amount beneficially owned:

                The Reporting Person owns the amount of the Common Stock as
                set forth on the cover page.

           (b)  Percent of class:

                The Reporting Person owns the percentage of the Common Stock
                as set forth on the cover page.

           (c) Number of shares as to which such person has:

                           (i) sole power to vote or to direct the vote:

                           The Reporting Person has the sole power to vote or
                           direct the vote of the Common Stock as set forth on
                           the cover page.

                           (ii) shared power to vote or to direct the vote:

                           The Reporting Person has the shared power to vote or
                           direct the vote of the Common Stock as set forth on
                           the cover page.

                           (iii) sole power to dispose or to direct the
                           disposition of:

                           The Reporting Person has the sole power to dispose or
                           direct the disposition of the Common Stock as set
                           forth on the cover page.

                           (iv) shared power to dispose or to direct the
                           disposition of:

                           The Reporting Person has the shared power to dispose
                           or direct the disposition of the Common Stock as set
                           forth on the cover page.

Item 5.           Ownership of Five Percent or Less of a Class.

                   Not applicable.


Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person.

                  Not applicable.

Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent
                  Holding Company.

                  See Exhibit A

Item 8.           Identification and Classification of Members of the Group.

                  Not applicable.

Item 9.           Notice of Dissolution of Group.

                  Not applicable.










<PAGE>





Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.

                                   SIGNATURE

                  After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

                                DEUTSCHE BANK AG


                              By: /s/ Jeffrey A. Ruiz
                              Name: Jeffrey A. Ruiz
                              Title: Vice President


                              By: /s/ Margaret M. Adams
                              Name: Margaret M. Adams
                              Title: Director





Dated: 2/5/03














<PAGE>






                                        Exhibit A

<TABLE>
<CAPTION>


Subsidiary                      Beneficial Owner        Nature of Holdings
- -------------------------------------------------------------------------------

<S>                               <C>                    <C>


DB Advisors, L.L.C.               7,533,300              Sole Voting and Sole Disposition

Deutsche Bank AG London Branch       102,900             Sole Voting and Sole Disposition

Deutsche Bank Securities Inc          25,193             Sole Voting and Sole Disposition











</TABLE>



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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