Skip to main content

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, Q4 2021

Institutional positions in Discover Financial Services as of Dec 31, 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
983
+54 vs. Q3 2021
Shares held
243.7M
−6.64M (−2.7%) vs. Q3 2021
Total value
$28.2B
−$2.60B (−8.4%) vs. Q3 2021
New holders
143
330 more added
Sold out
89
320 more reduced

17 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 983 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 heldQ4 2021: $28.2B
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, Q4 2021

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q3 2021.

Institutions holding DFS in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Factorial Partners, LLC33,600$3.88M2.57%00.0%Unchanged
BerganKDV Wealth Management, LLC33,630$3.89M0.41%−1,236−3.5%Reduced
Colony Group LLC34,012$3.93M0.07%−385−1.1%Reduced
Brinker Capital Investments, LLC34,076$3.94M0.06%−13,351−28.2%Reduced
Lynch & Associates34,344$3.97M0.94%+1,419+4.3%Added
Mount Lucas Management LP34,818$4.02M1.15%+34,818New
Peapack Gladstone Financial Corp34,920$4.04M0.08%−1,270−3.5%Reduced
Wealthfront Advisers LLC35,253$4.07M0.02%−2,140−5.7%Reduced
Xponance, Inc.35,442$4.10M0.06%+3,354+10.5%Added
Mackenzie Financial Corp35,685$4.12M0.01%−426−1.2%Reduced
Leuthold Group, LLC36,129$4.17M0.49%−525−1.4%Reduced
Mirae Asset Global Investments Co., Ltd.36,425$4.21M0.01%+11,495+46.1%Added
CIBC Private Wealth Group, LLC36,581$4.23M0.01%+1,967+5.7%Added
Robertson Stephens Wealth Management, LLC36,711$4.24M0.36%+36,711New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys36,786$4.25M0.04%−742−2.0%Reduced
Pinnacle Associates Ltd36,915$4.27M0.07%−417−1.1%Reduced
ING Groep NV38,252$4.42M0.04%+13,110+52.1%Added
Wesbanco Bank Inc38,681$4.47M0.16%+20+0.1%Added
First Republic Investment Management, Inc.39,864$4.61M0.01%+10,572+36.1%Added
M&T Bank Corp39,924$4.61M0.02%−2,658−6.2%Reduced
Duncker Streett & Co Inc39,941$4.62M0.79%−83−0.2%Reduced
Smith, Graham & Co., Investment Advisors, LP40,323$4.66M0.46%−592−1.4%Reduced
Metropolitan Life Insurance Co40,390$4.67M0.06%−2,593−6.0%Reduced
Texas Permanent School Fund40,423$4.67M0.06%−5,840−12.6%Reduced
IFM Investors Pty Ltd40,667$4.70M0.09%+43+0.1%Added
Capital International Inc40,793$4.71M0.04%00.0%Unchanged
Public Employees Retirement Association of Colorado41,776$4.83M0.02%−854−2.0%Reduced
PEAK6 Investments LLC41,953$4.85M0.14%−60,064−58.9%Reduced
Unison Advisors LLC42,269$4.88M1.18%+207+0.5%Added
Candriam Luxembourg S.C.A.43,462$5.02M0.03%+4,409+11.3%Added
Mackay Shields LLC43,680$5.05M0.04%−1,946−4.3%Reduced
Hartford Investment Management Co44,038$5.09M0.12%+1,802+4.3%Added
Cerity Partners LLC44,458$5.14M0.08%+11,756+35.9%Added
Stolper Co44,472$5.14M2.29%−748−1.7%Reduced
B. Metzler seel. Sohn & Co. AG44,953$5.21M0.07%+44,953New
Private Advisor Group, LLC45,811$5.29M0.04%−35,095−43.4%Reduced
Pacer Advisors, Inc.45,814$5.29M0.05%+25,953+130.7%Added
State of Alaska, Department of Revenue46,170$5.33M0.05%−4,100−8.2%Reduced
American Century Companies Inc46,366$5.36M0.00%+13,669+41.8%Added
North Star Asset Management Inc46,497$5.37M0.27%+1,700+3.8%Added
Bank of Nova Scotia46,599$5.39M0.01%+2,307+5.2%Added
Neuberger Berman Group LLC50,264$5.44M0.00%+5,713+12.8%Added
Alley Co LLC47,120$5.45M0.86%+1,911+4.2%Added
Janney Montgomery Scott LLC47,444$5.48M0.02%−1,908−3.9%Reduced
American Money Management, LLC47,473$5.49M1.42%+359+0.8%Added
Thompson Investment Management, Inc.48,473$5.60M0.79%−582−1.2%Reduced
Public Sector Pension Investment Board48,900$5.65M0.03%−1,610−3.2%Reduced
US Bancorp49,143$5.68M0.01%+551+1.1%Added
Westpac Banking Corp49,242$5.69M0.06%+24,187+96.5%Added
Man Group plc49,272$5.69M0.02%−19,343−28.2%Reduced
AXA S.A.49,839$5.76M0.01%+49,839New
HRT Financial LP50,368$5.82M0.03%+50,368New
Swedbank AB50,797$5.88M0.01%00.0%Unchanged
Martin & Co Inc51,149$5.91M1.35%−166−0.3%Reduced
Brookfield Asset Management Inc.51,608$5.96M0.02%+857+1.7%Added
Winmill & Co. Inc52,300$6.04M1.74%00.0%Unchanged
British Columbia Investment Management Corp52,708$6.09M0.03%−3,665−6.5%Reduced
Illinois Municipal Retirement Fund52,816$6.10M0.17%+46,245+703.8%Added
Utah Retirement Systems53,235$6.15M0.08%−900−1.7%Reduced
Davenport & Co LLC53,421$6.17M0.04%+17,389+48.3%Added
Gulf International Bank (UK) Ltd54,627$6.31M0.09%−10,220−15.8%Reduced
Wisconsin Capital Management LLC55,175$6.38M2.62%+9,075+19.7%Added
First Quadrant L P55,279$6.39M0.69%00.0%Unchanged
Forsta Ap-Fonden56,000$6.47M0.07%−9,900−15.0%Reduced
Segall Bryant & Hamill, LLC56,248$6.50M0.06%−1,816−3.1%Reduced
DnB Asset Management AS57,137$6.60M0.04%+8,401+17.2%Added
Capital International Sarl57,854$6.69M0.32%−1,547−2.6%Reduced
Copeland Capital Management, LLC58,393$6.75M0.18%+1,974+3.5%Added
Gyroscope Capital Management Group, LLC58,967$6.81M2.43%+58,967New
Cambridge Financial Group, Inc.59,045$6.82M2.68%−255−0.4%Reduced
Federated Hermes, Inc.59,129$6.83M0.01%+2,739+4.9%Added
Taylor Wealth Management Partners60,739$7.02M2.47%+251+0.4%Added
Mutual of America Capital Management LLC60,751$7.02M0.07%−514−0.8%Reduced
Hancock Whitney Corp61,413$7.10M0.22%+722+1.2%Added
Salem Investment Counselors Inc62,045$7.17M0.25%+8,026+14.9%Added
Canada Pension Plan Investment Board62,400$7.21M0.01%00.0%Unchanged
Diamond Hill Capital Management Inc62,944$7.27M0.03%+411+0.7%Added
CIBC World Markets Corp63,154$7.30M0.04%−15,959−20.2%Reduced
Blair William & Co63,696$7.36M0.02%−261−0.4%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main63,811$7.39M0.01%+9,585+17.7%Added
Mount Yale Investment Advisors, LLC64,382$7.44M0.78%+51,550+401.7%Added
MetLife Investment Management64,751$7.48M0.06%−2,886−4.3%Reduced
Nomura Asset Management Co Ltd64,836$7.49M0.04%+1,224+1.9%Added
Valicenti Advisory Services Inc65,316$7.55M1.88%+2,022+3.2%Added
Sheaff Brock Investment Advisors, LLC65,475$7.57M0.66%+1,381+2.2%Added
Jefferies Group LLC65,602$7.58M0.14%+28,252+75.6%Added
De Burlo Group Inc66,000$7.63M1.11%−107,800−62.0%Reduced
Cumberland Partners Ltd66,311$7.66M0.54%−4,390−6.2%Reduced
Alberta Investment Management Corp67,500$7.80M0.05%00.0%Unchanged
Commonwealth Equity Services, LLC68,075$7.87M0.02%+2,087+3.2%Added
Yousif Capital Management, LLC70,194$8.11M0.08%+70,194New
Swiss Life Asset Management Ltd71,366$8.25M0.11%−35,663−33.3%Reduced
Comerica Bank71,844$8.51M0.06%+19,847+38.2%Added
State of Michigan Retirement System73,778$8.53M0.04%−1,400−1.9%Reduced
HighTower Advisors, LLC73,749$8.54M0.02%−1,459−1.9%Reduced
AQR Capital Management LLC75,010$8.67M0.02%+7,036+10.4%Added
STRS Ohio75,437$8.72M0.03%−6,341−7.8%Reduced
Worldquant Millennium Advisors LLC75,526$8.73M0.17%+28,881+61.9%Added
Amalgamated Bank76,487$8.84M0.07%−12,787−14.3%Reduced
PGGM Investments77,061$8.90M0.04%−72,317−48.4%Reduced