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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
Forefront Wealth Management Inc.28,232$3.26M3.11%+28,232New
Keeley-Teton Advisors, LLC28,211$3.26M0.35%−821−2.8%Reduced
Advisor Partners LLC27,826$3.22M0.19%−797−2.8%Reduced
Condor Capital Management27,770$3.21M0.34%−126−0.5%Reduced
Twin Capital Management Inc27,446$3.17M0.32%−1,620−5.6%Reduced
Baird Financial Group, Inc.27,359$3.16M0.01%−452−1.6%Reduced
Stonegate Investment Group, LLC27,236$3.15M0.13%+27,236New
Two Sigma Investments, LP27,189$3.14M0.01%+27,189New
Cambria Investment Management, L.P.27,108$3.13M0.53%+2,761+11.3%Added
Twin Tree Management, LP26,999$3.12M0.08%+26,999New
Tower Research Capital LLC (TRC)26,858$3.10M0.05%+16,625+162.5%Added
Cambridge Investment Research Advisors, Inc.26,518$3.06M0.01%+614+2.4%Added
Lazard Asset Management LLC25,954$3.00M0.00%+2,177+9.2%Added
Shell Asset Management Co25,883$2.99M0.06%+4,755+22.5%Added
Securian Asset Management, Inc25,288$2.92M0.05%+313+1.3%Added
NJ State Employees Deferred Compensation Plan24,350$2.81M0.35%00.0%Unchanged
Oregon Public Employees Retirement Fund24,266$2.80M0.03%−800−3.2%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,956$2.77M0.03%00.0%Unchanged
Kestra Advisory Services, LLC23,753$2.75M0.03%+347+1.5%Added
TCTC Holdings, LLC23,522$2.72M0.12%00.0%Unchanged
Cetera Advisor Networks LLC23,499$2.71M0.03%−245−1.0%Reduced
Affinity Wealth Management LLC22,195$2.69M0.55%+131+0.6%Added
Braun-Bostich & Associates Inc.22,195$2.69M0.64%+22,195New
Zacks Investment Management23,266$2.69M0.04%+929+4.2%Added
AlphaCrest Capital Management LLC23,234$2.69M0.10%−25,209−52.0%Reduced
Chicago Partners Investment Group LLC21,606$2.68M0.19%−182−0.8%Reduced
Elo Mutual Pension Insurance Co23,154$2.68M0.07%+1,624+7.5%Added
Maryland State Retirement & Pension System22,808$2.64M0.07%00.0%Unchanged
Daiwa Securities Group Inc.22,807$2.64M0.02%+1,305+6.1%Added
Teachers Retirement System of the State of Kentucky22,090$2.55M0.02%−1,721−7.2%Reduced
Bell & Brown Wealth Advisors, LLC20,264$2.54M1.23%+15+0.1%Added
Barnett & Company, Inc.21,950$2.54M1.77%00.0%Unchanged
GWM Advisors LLC21,755$2.52M0.04%+2,990+15.9%Added
Bryn Mawr Trust Co21,644$2.50M0.09%+748+3.6%Added
Old Second National Bank of Aurora29,077$2.43M0.72%+2,383+8.9%Added
Alaska Permanent Fund Corp20,700$2.40M0.04%00.0%Unchanged
Camelot Portfolios, LLC20,599$2.38M0.96%+1,027+5.2%Added
Edgestream Partners, L.P.20,572$2.38M0.15%+5,130+33.2%Added
Community Capital Management, Inc.20,400$2.36M2.52%00.0%Unchanged
Connors Investor Services Inc20,319$2.35M0.23%00.0%Unchanged
Great Diamond Partners, LLC20,048$2.32M0.60%−4,612−18.7%Reduced
Lido Advisors, LLC19,902$2.30M0.04%+1,057+5.6%Added
Bridgeway Capital Management, LLC19,700$2.28M0.04%+19,700New
Edge Capital Group, LLC19,681$2.27M0.16%+50+0.3%Added
Sumitomo Mitsui DS Asset Management Company, Ltd19,384$2.24M0.05%−95−0.5%Reduced
Northwestern Mutual Wealth Management Co19,376$2.24M0.00%+269+1.4%Added
Creative Planning19,290$2.23M0.00%−945−4.7%Reduced
Putnam Investments LLC19,156$2.21M0.00%−22,622−54.1%Reduced
MKP Capital Management, L.L.C.18,895$2.18M0.18%+18,895New
Ferguson Wellman Capital Management, Inc18,493$2.14M0.06%−190−1.0%Reduced
L2 Asset Management, LLC18,480$2.14M1.49%+14,886+414.2%Added
Cornercap Investment Counsel Inc18,467$2.13M0.31%+2,104+12.9%Added
Louisiana State Employees Retirement System18,400$2.13M0.05%−200−1.1%Reduced
Wellington Management Group LLP18,388$2.13M0.00%+85+0.5%Added
New Mexico Educational Retirement Board18,311$2.12M0.07%−1,600−8.0%Reduced
Captrust Financial Advisors18,188$2.10M0.01%+1,558+9.4%Added
Laurel Wealth Advisors, Inc.18,183$2.10M0.16%+14,302+368.5%Added
Commerce Bank18,051$2.09M0.01%+620+3.6%Added
Clear Harbor Asset Management, LLC17,985$2.08M0.23%−1,220−6.4%Reduced
Kentucky Retirement Systems17,970$2.08M0.08%+1,031+6.1%Added
Crossmark Global Holdings, Inc.17,931$2.07M0.04%+778+4.5%Added
Livforsakringsbolaget Skandia, Omsesidigt17,649$2.04M0.13%−2,400−12.0%Reduced
CIBC World Markets Inc.17,596$2.03M0.01%−30,300−63.3%Reduced
Atria Investments LLC17,508$2.02M0.04%+1,932+12.4%Added
Griffin Asset Management, Inc.16,976$1.96M0.24%+240+1.4%Added
Bowling Portfolio Management LLC16,962$1.96M0.41%−22−0.1%Reduced
Shelton Capital Management16,900$1.95M0.07%−123−0.7%Reduced
RBF Capital, LLC16,500$1.91M0.12%00.0%Unchanged
Banque Pictet & Cie SA15,987$1.85M0.01%+15,987New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.15,854$1.83M0.01%−637−3.9%Reduced
Douglass Winthrop Advisors, LLC15,625$1.81M0.04%−100−0.6%Reduced
Hotaling Investment Management, LLC15,538$1.80M0.62%+687+4.6%Added
Phoenix Holdings Ltd.15,124$1.75M0.03%−4,407−22.6%Reduced
Jane Street Group, LLC15,101$1.75M0.00%−40,351−72.8%Reduced
Sawtooth Solutions, LLC15,076$1.74M0.19%+7,910+110.4%Added
WESPAC Advisors, LLC14,996$1.73M1.16%−5,251−25.9%Reduced
Mork Capital Management, LLC15,000$1.73M1.17%00.0%Unchanged
Birch Capital Management, LLC14,943$1.73M1.04%+189+1.3%Added
Veriti Management LLC14,732$1.70M0.22%−1,121−7.1%Reduced
Northwestern Mutual Investment Management Company, LLC14,717$1.70M0.03%+1,116+8.2%Added
Round Hill Asset Management14,385$1.66M0.83%00.0%Unchanged
TD Private Client Wealth LLC14,333$1.66M0.07%+362+2.6%Added
Meiji Yasuda Asset Management Co Ltd.14,257$1.65M0.10%+1,203+9.2%Added
Ergoteles LLC13,977$1.61M0.06%−23,142−62.3%Reduced
Cetera Investment Advisers13,761$1.59M0.02%−401−2.8%Reduced
MUFG Americas Holdings Corp13,710$1.58M0.03%+10,882+384.8%Added
Oppenheimer & Co Inc13,669$1.58M0.03%−182−1.3%Reduced
IFG Advisory, LLC13,519$1.56M0.15%−802−5.6%Reduced
E. Ohman J:or Asset Management AB13,400$1.55M0.04%00.0%Unchanged
Natixis13,353$1.54M0.01%−20,769−60.9%Reduced
Vista Investment Management13,273$1.53M0.83%−80−0.6%Reduced
Paradigm Asset Management Co LLC13,209$1.53M0.38%+839+6.8%Added
Sumitomo Life Insurance Co13,111$1.51M0.04%−406−3.0%Reduced
DF Dent & Co Inc13,070$1.51M0.02%−2,970−18.5%Reduced
Umb Bank N A12,710$1.47M0.02%+9,708+323.4%Added
Trust Investment Advisors12,542$1.45M1.14%+106+0.9%Added
Castellan Group, LLC12,525$1.45M1.00%−6,235−33.2%Reduced
Vestcor Inc12,431$1.44M0.05%+7,937+176.6%Added
Veritable, L.P.12,423$1.44M0.02%−98−0.8%Reduced
Redpoint Investment Management Pty Ltd12,395$1.43M0.11%+1,274+11.5%Added