UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

**FORM N-Q**

**QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED**

**MANAGEMENT INVESTMENT COMPANY**

**_______________________________**

Investment Company Act file number  811-43

DWS Investment Trust

(Exact name of registrant as specified in charter)

 

345 Park Avenue

New York, NY  10154

(Address of principal executive offices)             (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY  10154-0004

(Name and address of agent for service)

Registrant's telephone number, including area code:  (212) 454-7190

Date of fiscal year end:  07/31

Date of reporting period: 4/30/09

 

ITEM 1.  SCHEDULE OF INVESTMENTS

 

| Investment Portfolio | **as of April 30, 2009  (Unaudited)** |
|----------------------|---------------------------------------|

 

 

**DWS Large Company Growth Fund**

 

|   | **Shares** |   | **Value ($)** |  
 

**Common Stocks 97.5%**

 
**Consumer Discretionary 5.6%**

 
**Hotels Restaurants & Leisure 1.3%**

 
McDonald's Corp.  

 

44,900 

 

**2,392,721**

 
**Multiline Retail 1.8%**

 
Kohl's Corp.* (a) 

 

68,801 

 

**3,120,125**

 
**Textiles, Apparel & Luxury Goods 2.5%**

 
NIKE, Inc. "B"  

 

85,900 

 

**4,507,173**

 
**Consumer Staples 10.3%**

 
**Beverages 3.5%**

 
PepsiCo, Inc.  

 

123,940 

 

**6,167,255**

 
 

 

**Food & Staples Retailing 3.7%**

 
Sysco Corp.  

 

107,900 

 

2,517,307 

 
Wal-Mart Stores, Inc. (a) 

 

82,800 

 

4,173,120 

 
 

**6,690,427**

 
**Household Products 3.1%**

 
Colgate-Palmolive Co.  

 

43,650 

 

2,575,350 

 
Energizer Holdings, Inc.*  

 

52,300 

 

2,996,790 

 
 

**5,572,140**

 
**Energy 10.5%**

 
**Energy Equipment & Services 3.8%**

 
Cameron International Corp.*  

 

95,500 

 

2,442,890 

 
Schlumberger Ltd. (a) 

 

39,200 

 

1,920,408 

 
Transocean Ltd.*  

 

35,757 

 

2,412,882 

 
 

**6,776,180**

 
**Oil, Gas & Consumable Fuels 6.7%**

 
EOG Resources, Inc.  

 

69,500 

 

4,411,860 

 
ExxonMobil Corp.  

 

49,200 

 

3,280,164 

 
Occidental Petroleum Corp.  

 

78,600 

 

4,424,394 

 
 

**12,116,418**

 
**Financials 3.3%**

 
**Capital Markets 2.6%**

 
Charles Schwab Corp.  

 

73,000 

 

1,349,040 

 
T. Rowe Price Group, Inc. (a) 

 

83,400 

 

3,212,568 

 
 

**4,561,608**

 
**Diversified Financial Services 0.7%**

 
CME Group, Inc.  

 

5,953 

 

**1,317,697**

 
**Health Care 13.8%**

 
**Biotechnology 7.1%**

 
Celgene Corp.* (a) 

 

164,000 

 

7,006,080 

 
Gilead Sciences, Inc.* (a) 

 

124,400 

 

5,697,520 

 
 

**12,703,600**

 
**Health Care Equipment & Supplies 3.3%**

 
Baxter International, Inc.  

 

33,300 

 

1,615,050 

 
Edwards Lifesciences Corp.*  

 

36,200 

 

2,294,356 

 
Medtronic, Inc.  

 

62,000 

 

1,984,000 

 
 

**5,893,406**

 
**Pharmaceuticals 3.4%**

 
Abbott Laboratories  

 

75,400 

 

3,155,490 

 
Johnson & Johnson (a) 

 

55,206 

 

2,890,586 

 
 

**6,046,076**

 
**Industrials 12.8%**

 
**Aerospace & Defense 4.8%**

 
Lockheed Martin Corp.  

 

38,100 

 

2,991,993 

 
Rockwell Collins, Inc.  

 

77,800 

 

2,983,630 

 
United Technologies Corp.  

 

53,400 

 

2,608,056 

 
 

**8,583,679**

 
**Commercial Services & Supplies 1.3%**

 
Stericycle, Inc.*  

 

48,100 

 

**2,264,548**

 
**Electrical Equipment 2.7%**

 
AMETEK, Inc.  

 

150,000 

 

**4,831,500**

 
 

 

**Machinery 1.0%**

 
Parker Hannifin Corp.  

 

40,600 

 

**1,841,210**

 
**Road & Rail 3.0%**

 
Burlington Northern Santa Fe Corp.  

 

49,600 

 

3,347,008 

 
Norfolk Southern Corp.  

 

59,100 

 

2,108,688 

 
 

**5,455,696**

 
**Information Technology 30.7%**

 
**Communications Equipment 10.1%**

 
Cisco Systems, Inc.* (a) 

 

305,390 

 

5,900,135 

 
QUALCOMM, Inc. (a) 

 

171,900 

 

7,274,808 

 
Research In Motion Ltd.*  

 

69,900 

 

4,858,050 

 
 

**18,032,993**

 
**Computers & Peripherals 7.1%**

 
Apple, Inc.*  

 

51,400 

 

6,467,662 

 
EMC Corp.* (a) 

 

228,100 

 

2,858,093 

 
International Business Machines Corp.  

 

32,900 

 

3,395,609 

 
 

**12,721,364**

 
**Internet Software & Services 0.5%**

 
Google, Inc. "A"*  

 

2,300 

 

**910,731**

 
**IT Services 1.9%**

 
Accenture Ltd. "A" (a) 

 

117,000 

 

**3,443,310**

 
**Semiconductors & Semiconductor Equipment 5.7%**

 
Broadcom Corp. "A"* (a) 

 

220,100 

 

5,104,119 

 
Intel Corp.  

 

232,860 

 

3,674,531 

 
NVIDIA Corp.* (a) 

 

123,000 

 

1,412,040 

 
 

**10,190,690**

 
**Software 5.4%**

 
Adobe Systems, Inc.* (a) 

 

91,900 

 

2,513,465 

 
Microsoft Corp.  

 

108,400 

 

2,196,184 

 
Oracle Corp.  

 

259,200 

 

5,012,928 

 
 

**9,722,577**

 
**Materials 7.8%**

 
**Chemicals 6.2%**

 
Ecolab, Inc.  

 

89,700 

 

3,457,935 

 
Monsanto Co.  

 

69,400 

 

5,891,366 

 
The Mosaic Co.  

 

44,300 

 

1,791,935 

 
 

**11,141,236**

 
**Metals & Mining 1.6%**

 
Barrick Gold Corp.  

 

94,600 

 

**2,750,876**

 
**Telecommunication Services 2.7%**

 
**Diversified Telecommunication Services 1.0%**

 
AT&T, Inc.  

 

68,700 

 

**1,760,094**

 
**Wireless Telecommunication Services 1.7%**

 
American Tower Corp. "A"* (a) 

 

95,600 

 

**3,036,256**

 
**Total Common Stocks** (Cost $150,200,132)

 

**174,551,586**

 
 

**Securities Lending Collateral 27.0%**

 
Daily Assets Fund Institutional, 0.66% (b) (c)(Cost $48,254,050)

 

 

48,254,050

 

**48,254,050**

 
 

 

 

**Cash Equivalents 2.6%**

 
Cash Management QP Trust, 0.46% (b)(Cost $4,671,101)

 

 

4,671,101

 

**4,671,101**

 
 

**% of****Net Assets**

 

**Value ($)**

 
**Total Investment Portfolio** (Cost $203,125,283) †

127.1

 

**227,476,737**

 
**Other Assets and Liabilities, Net**

(27.1)

 

**(48,572,056)**

 
**Net Assets**

100.0

 

**178,904,681**

 
*For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.*

 
***

*Non-income producing security.*

 
*†*

*The cost for federal income tax purposes was $204,209,987.  At April 30, 2009, net unrealized appreciation for all securities based on tax cost was $23,266,750.  This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $34,856,078 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $11,589,328.*

 
*(a)*

*All or a portion of these securities were on loan.  The value of all securities loaned at April 30, 2009 amounted to $46,704,787, which is 26.1% of net assets.*

 
*(b)*

*Affiliated fund managed by Deutsche Investment Management Americas Inc.  The rate shown is the annualized seven-day yield at period end.*

 
*(c)*

*Represents collateral held in connection with securities lending.  Income earned by the Fund is net of borrower rebates.*

 
 

***Fair Value Measurements***

 

*Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, “Fair Value Measurements," establishes a three-tier hierarchy for measuring fair value and requires additional disclosure about the classification of fair value measurements.*

*Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.*

*The following is a summary of the inputs used as of April 30, 2009 in valuing the Fund's investments:*

 

**Valuation Inputs**

**Investments in  Securities**

Level 1

$             220,054,760   

Level 2 

7,421,977   

Level 3 

-   

**Total**

**$              227,476,737**

 

 

**ITEM 2.**

**CONTROLS AND PROCEDURES**

 

 

 

(a)          The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

 

 

 

(b)         There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.

 

 

 

 

**ITEM 3.**

**EXHIBITS**

 

 

 

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

 

**SIGNATURES**

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Registrant: 

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

June 19, 2009

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

Registrant: 

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

June 19, 2009

 

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:                                        June 19, 2009

 

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