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Discover Financial Services

DFSDelisted May 19, 2025
Industry
Personal Credit Institutions
SEC CIK
0001393612

Discover Financial Services was delisted on May 19, 2025; its insiders filed their last Form 4 on May 19, 2025; 1,176 institutions reported holding it in 13F filings for Q1 2025, worth $37.3B in total; superinvestors Third Point and Maverick Capital held it.

13F holders, Q3 2021

Institutional positions in Discover Financial Services as of Sep 30, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
946
+31 vs. Q2 2021
Shares held
250.5M
−8.06M (−3.1%) vs. Q2 2021
Total value
$30.8B
+$222.0M (+0.7%) vs. Q2 2021
New holders
99
301 more added
Sold out
68
360 more reduced

12 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DFS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2021: 946 institutions
Q1 2021: 897 institutionsQ2 2021: 927 institutionsQ3 2021: 946 institutionsQ4 2021: 983 institutionsQ1 2022: 953 institutionsQ2 2022: 944 institutionsQ3 2022: 927 institutionsQ4 2022: 980 institutionsQ1 2023: 958 institutionsQ2 2023: 975 institutionsQ3 2023: 908 institutionsQ4 2023: 979 institutionsQ1 2024: 1,036 institutionsQ2 2024: 1,030 institutionsQ3 2024: 1,061 institutionsQ4 2024: 1,173 institutionsQ1 2025: 1,176 institutionsQ2 2025: 10 institutionsQ3 2025: 2 institutionsQ4 2025: 2 institutionsQ1 2026: 4 institutionsQ2 2026: 1 institution
Value heldQ3 2021: $30.8B
Q1 2021: $24.8BQ2 2021: $30.6BQ3 2021: $30.8BQ4 2021: $28.2BQ1 2022: $26.1BQ2 2022: $21.8BQ3 2022: $20.7BQ4 2022: $21.9BQ1 2023: $21.3BQ2 2023: $24.7BQ3 2023: $18.3BQ4 2023: $24.4BQ1 2024: $27.9BQ2 2024: $27.8BQ3 2024: $30.0BQ4 2024: $37.6BQ1 2025: $37.3BQ2 2025: $15.3MQ3 2025: $1.08MQ4 2025: $1.15KQ1 2026: $8.35MQ2 2026: $200
Institutions holding DFS and their total value by quarter
QuarterHoldersValue
Q2 20261$200
Q1 20264$8.35M
Q4 20252$1.15K
Q3 20252$1.08M
Q2 202510$15.3M
Q1 20251,176$37.3B
Q4 20241,173$37.6B
Q3 20241,061$30.0B
Q2 20241,030$27.8B
Q1 20241,036$27.9B
Q4 2023979$24.4B
Q3 2023908$18.3B
Q2 2023975$24.7B
Q1 2023958$21.3B
Q4 2022980$21.9B
Q3 2022927$20.7B
Q2 2022944$21.8B
Q1 2022953$26.1B
Q4 2021983$28.2B
Q3 2021946$30.8B
Q2 2021927$30.6B
Q1 2021897$24.8B

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q2 2021.

Institutions holding DFS in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Stifel Financial Corp250,199$30.7M0.05%−36,650−12.8%Reduced
Palladium Partners LLC243,328$29.9M1.36%+1,206+0.5%Added
Glenmede Trust Co NA239,783$29.5M0.15%+1,501+0.6%Added
Gateway Investment Advisers LLC229,152$28.2M0.29%−540.0%Reduced
Keybank National Association226,877$27.9M0.12%+3,309+1.5%Added
Seizert Capital Partners, LLC225,277$27.7M1.27%+1,230+0.5%Added
Fifth Third Bancorp223,441$27.4M0.12%+15,296+7.3%Added
Brandywine Global Investment Management, LLC220,742$27.1M0.20%−13,866−5.9%Reduced
BNP Paribas Arbitrage, SA220,554$27.1M0.06%+9,728+4.6%Added
Calamos Advisors LLC207,803$25.5M0.12%+7,197+3.6%Added
Mitsubishi UFJ Trust & Banking Corp205,951$25.3M0.06%−29,429−12.5%Reduced
Teacher Retirement System of Texas201,742$24.8M0.13%+41,274+25.7%Added
Alua Capital Management LP200,000$24.6M1.28%00.0%Unchanged
Chevy Chase Trust Holdings, Inc.184,568$22.7M0.08%−10,605−5.4%Reduced
Rheos Capital Works Inc.182,800$22.5M1.16%00.0%Unchanged
Ancora Advisors, LLC181,630$22.3M0.58%+4,555+2.6%Added
State of New Jersey Common Pension Fund D179,250$22.0M0.07%−2,187−1.2%Reduced
SEI Investments Co178,707$21.9M0.05%−5,475−3.0%Reduced
AMF Pensionsforsakring AB176,236$21.7M0.16%−49,281−21.9%Reduced
De Burlo Group Inc173,800$21.4M3.46%+15,600+9.9%Added
Toronto Dominion Bank170,211$20.9M0.03%−26,839−13.6%Reduced
Public Employees Retirement System of Ohio169,541$20.8M0.07%−6,947−3.9%Reduced
Argent Capital Management LLC167,299$20.6M0.65%−650.0%Reduced
LS Investment Advisors, LLC165,114$20.3M2.61%−691−0.4%Reduced
Pictet Asset Management SA160,028$19.7M0.02%+160,028New
Advisor Group Holdings, Inc.157,821$19.4M0.04%−8,165−4.9%Reduced
State of Wisconsin Investment Board157,201$19.3M0.04%−8,419−5.1%Reduced
Doyle Wealth Management156,542$19.2M1.53%−369−0.2%Reduced
Basswood Capital Management, L.L.C.152,107$18.7M0.76%00.0%Unchanged
PGGM Investments149,378$18.4M0.09%+2,072+1.4%Added
Asset Management One Co.,Ltd.148,959$18.3M0.07%−6,498−4.2%Reduced
Rafferty Asset Management, LLC148,538$18.2M0.12%−34,229−18.7%Reduced
Amica Mutual Insurance Co146,781$18.0M1.88%−3,633−2.4%Reduced
Vontobel Holding Ltd.144,695$17.8M0.16%+39,622+37.7%Added
Raymond James Financial Services Advisors, Inc.144,683$17.8M0.04%−7,172−4.7%Reduced
Nisa Investment Advisors, LLC143,513$17.6M0.11%+19,456+15.7%Added
Korea Investment CORP142,400$17.5M0.05%−10,000−6.6%Reduced
Storebrand Asset Management AS141,718$17.4M0.09%+2,700+1.9%Added
Pinebridge Investments, L.P.136,880$16.8M0.20%+66,353+94.1%Added
Grantham, Mayo, Van Otterloo & Co. LLC131,256$16.1M0.08%−18,431−12.3%Reduced
Standard Life Aberdeen plc127,400$16.0M0.04%−8,232−6.1%Reduced
Azimuth Capital Management LLC126,671$15.6M0.67%+227+0.2%Added
TD Asset Management Inc126,054$15.5M0.02%−1,252−1.0%Reduced
Jupiter Asset Management Ltd121,175$14.9M0.17%−32,089−20.9%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.119,525$14.7M0.07%+10,863+10.0%Added
Los Angeles Capital Management LLC118,418$14.5M0.07%−2,557−2.1%Reduced
Par Capital Management Inc115,761$14.2M0.34%00.0%Unchanged
Galvin, Gaustad & Stein, LLC115,624$14.2M1.37%+735+0.6%Added
LPL Financial LLC112,654$13.8M0.01%+9,683+9.4%Added
CSM Advisors, LLC111,861$13.7M1.03%−1,340−1.2%Reduced
Royal London Asset Management Ltd111,224$13.7M0.06%00.0%Unchanged
First National Trust Co110,032$13.5M0.81%+3,910+3.7%Added
D. E. Shaw & Co., Inc.109,351$13.4M0.02%+85,602+360.4%Added
Nepsis, Inc.108,628$13.3M4.20%−1,103−1.0%Reduced
USS Investment Management Ltd108,233$13.3M0.11%+67,733+167.2%Added
Treasurer of the State of North Carolina107,833$13.2M0.08%+1,759+1.7%Added
Busey Wealth Management107,039$13.2M0.53%+628+0.6%Added
Swiss Life Asset Management Ltd107,029$13.1M0.18%+22,805+27.1%Added
MML Investors Services, LLC105,812$13.0M0.10%−5,529−5.0%Reduced
Franklin Resources Inc104,635$12.9M0.00%+63,217+152.6%Added
Retirement Systems of Alabama102,838$12.6M0.05%−8,691−7.8%Reduced
PEAK6 Investments LLC102,017$12.5M0.25%+37,258+57.5%Added
Natixis Advisors, L.P.98,386$12.1M0.05%−8,795−8.2%Reduced
DekaBank Deutsche Girozentrale94,268$12.0M0.03%−2,833−2.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)96,043$11.8M0.06%+10,426+12.2%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund91,578$11.3M0.10%−600−0.7%Reduced
Aviva PLC91,488$11.2M0.05%−14,872−14.0%Reduced
NN Investment Partners Holdings N.V.91,259$11.2M0.06%+10,044+12.4%Added
American International Group, Inc.90,827$11.2M0.06%−30,069−24.9%Reduced
Susquehanna International Group, LLP90,119$11.1M0.01%+3,657+4.2%Added
Skandinaviska Enskilda Banken AB (publ)89,697$11.0M0.06%+1,720+2.0%Added
Amalgamated Bank89,274$11.0M0.09%−4,644−4.9%Reduced
Handelsbanken Fonder AB88,513$10.9M0.06%+1,200+1.4%Added
Capitolis Advisors LLC82,035$10.7M0.10%+43,473+112.7%Added
KBC Group NV85,935$10.6M0.04%+7,101+9.0%Added
Arizona State Retirement System85,563$10.5M0.09%−1,123−1.3%Reduced
Vision Capital Management, Inc.85,403$10.5M1.71%+647+0.8%Added
AMP Capital Investors Ltd84,927$10.4M0.06%−22,896−21.2%Reduced
Andra AP-fonden83,400$10.2M0.21%−10,700−11.4%Reduced
STRS Ohio81,778$10.0M0.04%−295,665−78.3%Reduced
Private Advisor Group, LLC80,906$9.94M0.06%+36,003+80.2%Added
CIBC World Markets Corp79,113$9.72M0.07%+1,449+1.9%Added
BTR Capital Management Inc78,460$9.64M1.19%−5,579−6.6%Reduced
Gradient Investments LLC77,503$9.52M0.27%−117,843−60.3%Reduced
Spectrum Management Group, LLC75,334$9.26M1.46%+29,319+63.7%Added
State of Michigan Retirement System75,178$9.24M0.05%−1,500−2.0%Reduced
HighTower Advisors, LLC75,208$9.23M0.02%−2,900−3.7%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.74,943$9.21M0.14%+22,044+41.7%Added
State of Tennessee, Treasury Department74,075$9.10M0.04%−2,791−3.6%Reduced
Cumberland Partners Ltd70,701$8.69M0.71%−75−0.1%Reduced
ProShare Advisors LLC69,112$8.49M0.02%+1,447+2.1%Added
Man Group plc68,615$8.43M0.03%−36,380−34.6%Reduced
AQR Capital Management LLC67,974$8.35M0.02%+7,531+12.5%Added
MetLife Investment Management67,637$8.31M0.07%−3,049−4.3%Reduced
Alberta Investment Management Corp67,500$8.29M0.07%+30,600+82.9%Added
Commonwealth Equity Services, LLC65,988$8.11M0.02%+1,198+1.8%Added
Forsta Ap-Fonden65,900$8.10M0.09%+1,900+3.0%Added
Gulf International Bank (UK) Ltd64,847$7.97M0.10%−280−0.4%Reduced
Sheaff Brock Investment Advisors, LLC64,094$7.87M0.77%+4,597+7.7%Added
Blair William & Co63,957$7.86M0.03%−3,296−4.9%Reduced