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  10154-0004

(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: 04/30/08

 

ITEM 1.  SCHEDULE OF INVESTMENTS

 

| Investment Portfolio | **as of April 30, 2008  (Unaudited)** |
|----------------------|---------------------------------------|

 

 

**DWS Large Company Growth Fund**

 

|   | **Shares**              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | **Value ($)** |
|--------|-------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
|        |
|   | **Common Stocks 98.0%** |  
**Consumer Discretionary 11.7%**

 
**Automobiles 0.7%**

 
Harley-Davidson, Inc.  

 

54,100 

 

**2,069,325**

**Hotels Restaurants & Leisure 3.3%**

 
Darden Restaurants, Inc.  

 

63,500 

 

2,259,330 

McDonald's Corp.  

 

117,900 

 

7,024,482 

 

**9,283,812**

**Multiline Retail 3.6%**

 
Kohl's Corp.*  

 

86,601 

 

4,230,459 

Target Corp.  

 

109,300 

 

5,807,109 

 

**10,037,568**

 

 

 

 

**Specialty Retail 3.2%**

 
Dick's Sporting Goods, Inc.*  

 

80,300 

 

2,296,580 

GameStop Corp. "A"*  

 

72,900 

 

4,012,416 

Lowe's Companies, Inc.  

 

98,500 

 

2,481,215 

 

**8,790,211**

**Textiles, Apparel & Luxury Goods 0.9%**

 
NIKE, Inc. "B"  

 

36,700 

 

**2,451,560**

**Consumer Staples 9.8%**

 
**Beverages 5.4%**

 
Diageo PLC  

 

285,012 

 

5,853,904 

PepsiCo, Inc.  

 

133,940 

 

9,178,908 

 

**15,032,812**

**Food & Staples Retailing 1.1%**

 
Shoppers Drug Mart Corp.  

 

61,600 

 

**3,253,405**

**Food Products 1.6%**

 
Dean Foods Co.*  

 

191,900 

 

**4,459,756**

**Household Products 1.7%**

 
Colgate-Palmolive Co.  

 

66,450 

 

**4,698,015**

**Energy 14.0%**

 
**Energy Equipment & Services 5.4%**

 
Noble Corp.  

 

62,800 

 

3,534,384 

Schlumberger Ltd.  

 

81,900 

 

8,235,045 

Transocean, Inc.*  

 

22,657 

 

3,341,001 

 

**15,110,430**

**Oil, Gas & Consumable Fuels 8.6%**

 
ConocoPhillips  

 

39,290 

 

3,384,833 

Devon Energy Corp.  

 

64,800 

 

7,348,320 

EOG Resources, Inc.  

 

49,700 

 

6,484,856 

XTO Energy, Inc.  

 

109,432 

 

6,769,464 

 

**23,987,473**

**Financials 3.7%**

 
**Capital Markets 1.3%**

 
State Street Corp.  

 

51,790 

 

**3,736,130**

**Diversified Financial Services 1.0%**

 
CME Group, Inc.  

 

6,053 

 

**2,768,945**

**Insurance 1.4%**

 
Aflac, Inc.  

 

57,319 

 

**3,821,458**

**Health Care 17.4%**

 
**Biotechnology 5.2%**

 
Celgene Corp.*  

 

49,200 

 

3,057,288 

Genentech, Inc.*  

 

58,300 

 

3,976,060 

Gilead Sciences, Inc.*  

 

145,300 

 

7,520,728 

 

**14,554,076**

**Health Care Equipment & Supplies 6.5%**

 
Baxter International, Inc.  

 

97,600 

 

6,082,432 

C.R. Bard, Inc.  

 

35,100 

 

3,305,367 

Hologic, Inc.*  

 

56,200 

 

1,640,478 

Medtronic, Inc.  

 

74,400 

 

3,621,792 

Zimmer Holdings, Inc.*  

 

46,400 

 

3,441,024 

 

**18,091,093**

 

 

 

 

**Life Sciences Tools & Services 1.2%**

 
Thermo Fisher Scientific, Inc.*  

 

58,100 

 

**3,362,247**

**Pharmaceuticals 4.5%**

 
Abbott Laboratories  

 

63,600 

 

3,354,900 

Eli Lilly & Co.  

 

23,600 

 

1,136,104 

Johnson & Johnson  

 

121,806 

 

8,171,965 

 

**12,662,969**

**Industrials 11.0%**

 
**Aerospace & Defense 5.7%**

 
Goodrich Corp.  

 

83,200 

 

5,670,080 

Honeywell International, Inc.  

 

91,200 

 

5,417,280 

United Technologies Corp.  

 

65,400 

 

4,739,538 

 

**15,826,898**

**Electrical Equipment 1.7%**

 
Emerson Electric Co.  

 

91,400 

 

**4,776,564**

**Machinery 1.6%**

 
Parker Hannifin Corp.  

 

56,650 

 

**4,523,502**

**Road & Rail 2.0%**

 
Canadian National Railway Co.  

 

106,500 

 

**5,579,535**

**Information Technology 22.6%**

 
**Communications Equipment 2.9%**

 
Cisco Systems, Inc.*  

 

174,890 

 

4,484,179 

QUALCOMM, Inc.  

 

85,700 

 

3,701,383 

 

**8,185,562**

**Computers & Peripherals 7.6%**

 
Apple, Inc.*  

 

44,600 

 

7,758,170 

EMC Corp.*  

 

232,100 

 

3,574,340 

Hewlett-Packard Co.  

 

105,300 

 

4,880,655 

International Business Machines Corp.  

 

41,600 

 

5,021,120 

 

**21,234,285**

**Electronic Equipment & Instruments 1.2%**

 
Mettler-Toledo International, Inc.*  

 

34,700 

 

**3,305,522**

**Internet Software & Services 1.2%**

 
Google, Inc. "A"*  

 

5,600 

 

**3,216,024**

**IT Services 4.0%**

 
Accenture Ltd. "A"  

 

119,000 

 

4,468,450 

Fiserv, Inc.*  

 

49,700 

 

2,512,335 

Visa, Inc. "A"*  

 

48,600 

 

4,055,670 

 

**11,036,455**

**Semiconductors & Semiconductor Equipment 1.9%**

 
Intel Corp.  

 

236,960 

 

**5,274,730**

**Software 3.8%**

 
Adobe Systems, Inc.*  

 

93,500 

 

3,486,615 

Electronic Arts, Inc.*  

 

52,100 

 

2,681,587 

Microsoft Corp.  

 

158,500 

 

4,520,420 

 

**10,688,622**

**Materials 5.8%**

 
**Chemicals 4.8%**

 
Ecolab, Inc.  

 

63,000 

 

2,895,480 

Monsanto Co.  

 

51,700 

 

5,894,834 

Praxair, Inc.  

 

50,100 

 

4,574,631 

 

**13,364,945**

 

 

 

 

**Metals & Mining 1.0%**

 
Freeport-McMoRan Copper & Gold, Inc.  

 

25,900 

 

**2,946,125**

**Telecommunication Services 1.5%**

 
**Diversified Telecommunication Services 1.0%**

 
AT&T, Inc.  

 

69,900 

 

**2,705,829**

**Wireless Telecommunication Services 0.5%**

 
American Tower Corp. "A"*  

 

33,300 

 

**1,445,886**

**Utilities 0.5%**

 
**Electric Utilities**

Allegheny Energy, Inc.  

 

24,400 

 

**1,312,720**

**Total Common Stocks** (Cost $186,687,891)

 

**273,594,489**

 

**Cash Equivalents 2.9%**

 
Cash Management QP Trust, 2.54% (a) (Cost $8,191,714)

 

 

8,191,714

 

**8,191,714**

 

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

 

**Value ($)**

**Total Investment Portfolio** (Cost $194,879,605) †

100.9

 

**281,786,203**

**Other Assets and Liabilities, Net**

(0.9)

 

**(2,602,406)**

**Net Assets**

100.0

 

**279,183,797**

 

*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 $196,014,791.  At April 30, 2008, net unrealized appreciation for all securities based on tax cost was $85,771,412.  This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $89,370,638 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $3,599,226.*

*(a)*

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

 

 

 

 

**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 16, 2008

 

 

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 16, 2008

 

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:                                        June 16, 2008

 

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