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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, 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
SEI Investments Co243,782$28.1M0.05%+65,075+36.4%Added
Glenmede Trust Co NA240,370$27.8M0.13%+587+0.2%Added
Brandywine Global Investment Management, LLC239,591$27.7M0.20%+18,849+8.5%Added
Teacher Retirement System of Texas239,530$27.7M0.12%+37,788+18.7%Added
Palladium Partners LLC239,318$27.7M1.13%−4,010−1.6%Reduced
Scout Investments, Inc.238,208$27.5M0.40%−209,339−46.8%Reduced
Stifel Financial Corp236,525$27.3M0.04%−13,674−5.5%Reduced
Gateway Investment Advisers LLC228,599$26.4M0.25%−553−0.2%Reduced
Fifth Third Bancorp226,661$26.2M0.10%+3,220+1.4%Added
Dana Investment Advisors, Inc.224,980$26.0M1.13%−45,629−16.9%Reduced
Keybank National Association214,278$24.8M0.10%−12,599−5.6%Reduced
Mitsubishi UFJ Trust & Banking Corp204,836$23.7M0.05%−1,115−0.5%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC202,900$23.4M0.11%+71,644+54.6%Added
Alua Capital Management LP200,000$23.1M1.26%00.0%Unchanged
Pinebridge Investments, L.P.197,666$22.8M0.23%+60,786+44.4%Added
Seizert Capital Partners, LLC197,269$22.8M1.02%−28,008−12.4%Reduced
Los Angeles Capital Management LLC196,461$22.7M0.08%+78,043+65.9%Added
Employees Retirement System of Texas194,200$22.4M0.25%−68,000−25.9%Reduced
Ancora Advisors, LLC185,052$21.4M0.51%+3,422+1.9%Added
Rheos Capital Works Inc.182,800$21.1M0.92%00.0%Unchanged
AMF Pensionsforsakring AB179,787$20.8M0.14%+3,551+2.0%Added
Chevy Chase Trust Holdings, Inc.176,459$20.4M0.07%−8,109−4.4%Reduced
Toronto Dominion Bank175,021$20.2M0.03%+4,810+2.8%Added
State of New Jersey Common Pension Fund D174,600$20.2M0.06%−4,650−2.6%Reduced
Argent Capital Management LLC166,660$19.3M0.56%−639−0.4%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)165,327$19.1M0.09%+69,284+72.1%Added
Advisor Group Holdings, Inc.163,842$19.0M0.04%+6,021+3.8%Added
Public Employees Retirement System of Ohio161,801$18.7M0.06%−7,740−4.6%Reduced
Rafferty Asset Management, LLC161,705$18.7M0.10%+13,167+8.9%Added
Vontobel Holding Ltd.160,621$18.6M0.15%+15,926+11.0%Added
Caisse de Depot Et Placement du Quebec159,396$18.4M0.04%+114,018+251.3%Added
D. E. Shaw & Co., Inc.156,519$18.1M0.02%+47,168+43.1%Added
Doyle Wealth Management156,182$18.0M1.29%−360−0.2%Reduced
State of Wisconsin Investment Board153,949$17.8M0.03%−3,252−2.1%Reduced
FIL Ltd151,596$17.5M0.02%−104,513−40.8%Reduced
Pictet Asset Management SA151,195$17.5M0.02%−8,833−5.5%Reduced
Guggenheim Capital LLC147,560$17.1M0.09%+113,831+337.5%Added
Asset Management One Co.,Ltd.147,102$17.0M0.06%−1,857−1.2%Reduced
Storebrand Asset Management AS144,481$16.7M0.07%+2,763+1.9%Added
Raymond James Financial Services Advisors, Inc.144,158$16.7M0.03%−525−0.4%Reduced
Nisa Investment Advisors, LLC138,999$16.1M0.12%−4,514−3.1%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.133,966$15.9M0.06%+14,441+12.1%Added
MML Investors Services, LLC129,254$14.9M0.11%+23,442+22.2%Added
Andra AP-fonden127,300$14.7M0.30%+43,900+52.6%Added
TD Asset Management Inc126,837$14.7M0.01%+783+0.6%Added
Azimuth Capital Management LLC124,840$14.4M0.58%−1,831−1.4%Reduced
Standard Life Aberdeen plc120,753$14.0M0.03%−6,647−5.2%Reduced
Galvin, Gaustad & Stein, LLC120,548$13.9M1.20%+4,924+4.3%Added
LPL Financial LLC116,630$13.5M0.01%+3,976+3.5%Added
Par Capital Management Inc115,761$13.4M0.36%00.0%Unchanged
Nepsis, Inc.114,685$13.3M3.84%+6,057+5.6%Added
First National Trust Co114,549$13.2M0.70%+4,517+4.1%Added
Susquehanna International Group, LLP113,752$13.1M0.02%+23,633+26.2%Added
CSM Advisors, LLC108,551$12.5M0.84%−3,310−3.0%Reduced
USS Investment Management Ltd108,233$12.5M0.10%00.0%Unchanged
LS Investment Advisors, LLC106,521$12.3M1.86%−58,593−35.5%Reduced
Treasurer of the State of North Carolina106,233$12.3M0.06%−1,600−1.5%Reduced
SeaTown Holdings Pte. Ltd.104,000$12.0M0.65%−190,000−64.6%Reduced
Busey Wealth Management103,013$11.9M0.45%−4,026−3.8%Reduced
Royal London Asset Management Ltd102,307$11.8M0.04%−8,917−8.0%Reduced
BNP Paribas Arbitrage, SA101,019$11.7M0.03%−119,535−54.2%Reduced
Natixis Advisors, L.P.100,680$11.6M0.04%+2,294+2.3%Added
Retirement Systems of Alabama97,111$11.2M0.04%−5,727−5.6%Reduced
DekaBank Deutsche Girozentrale96,931$11.2M0.03%+2,663+2.8%Added
HST Ventures, LLC94,871$11.0M10.19%+94,871New
Franklin Resources Inc94,699$10.9M0.00%−9,936−9.5%Reduced
American International Group, Inc.90,832$10.5M0.05%+50.0%Added
Aviva PLC90,186$10.4M0.04%−1,302−1.4%Reduced
Hudson Bay Capital Management LP90,000$10.4M0.11%+90,000New
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund89,178$10.3M0.09%−2,400−2.6%Reduced
Vision Capital Management, Inc.86,203$9.96M1.49%+800+0.9%Added
Amica Mutual Insurance Co86,040$9.94M0.84%−60,741−41.4%Reduced
Interval Partners, LP84,299$9.74M0.66%+84,299New
Skandinaviska Enskilda Banken AB (publ)83,952$9.72M0.05%−5,745−6.4%Reduced
State of Tennessee, Treasury Department81,971$9.47M0.03%+7,896+10.7%Added
Arizona State Retirement System81,534$9.42M0.07%−4,029−4.7%Reduced
ProShare Advisors LLC81,524$9.42M0.02%+12,412+18.0%Added
NN Investment Partners Holdings N.V.80,696$9.33M0.05%−10,563−11.6%Reduced
Capitolis Advisors LLC80,032$9.25M0.06%−2,003−2.4%Reduced
BTR Capital Management Inc78,618$9.09M1.03%+158+0.2%Added
Handelsbanken Fonder AB78,015$9.02M0.04%−10,498−11.9%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.77,461$8.97M0.12%+2,518+3.4%Added
PGGM Investments77,061$8.90M0.04%−72,317−48.4%Reduced
Amalgamated Bank76,487$8.84M0.07%−12,787−14.3%Reduced
Worldquant Millennium Advisors LLC75,526$8.73M0.17%+28,881+61.9%Added
STRS Ohio75,437$8.72M0.03%−6,341−7.8%Reduced
AQR Capital Management LLC75,010$8.67M0.02%+7,036+10.4%Added
HighTower Advisors, LLC73,749$8.54M0.02%−1,459−1.9%Reduced
State of Michigan Retirement System73,778$8.53M0.04%−1,400−1.9%Reduced
Comerica Bank71,844$8.51M0.06%+19,847+38.2%Added
Swiss Life Asset Management Ltd71,366$8.25M0.11%−35,663−33.3%Reduced
Yousif Capital Management, LLC70,194$8.11M0.08%+70,194New
Commonwealth Equity Services, LLC68,075$7.87M0.02%+2,087+3.2%Added
Alberta Investment Management Corp67,500$7.80M0.05%00.0%Unchanged
Cumberland Partners Ltd66,311$7.66M0.54%−4,390−6.2%Reduced
De Burlo Group Inc66,000$7.63M1.11%−107,800−62.0%Reduced
Jefferies Group LLC65,602$7.58M0.14%+28,252+75.6%Added
Sheaff Brock Investment Advisors, LLC65,475$7.57M0.66%+1,381+2.2%Added
Valicenti Advisory Services Inc65,316$7.55M1.88%+2,022+3.2%Added
Nomura Asset Management Co Ltd64,836$7.49M0.04%+1,224+1.9%Added