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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, Q1 2022

Institutional positions in Discover Financial Services as of Mar 31, 2022. 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
953
−18 vs. Q4 2021
Shares held
236.5M
−7.03M (−2.9%) vs. Q4 2021
Total value
$26.1B
−$2.08B (−7.4%) vs. Q4 2021
New holders
91
310 more added
Sold out
109
363 more reduced

12 institutions that held it in Q4 2021 haven't filed for Q1 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2022: 953 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 heldQ1 2022: $26.1B
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, Q1 2022

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q4 2021.

Institutions holding DFS in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Ferguson Wellman Capital Management, Inc17,664$1.95M0.06%−829−4.5%Reduced
Northwestern Mutual Wealth Management Co17,739$1.96M0.00%−1,637−8.4%Reduced
Crossmark Global Holdings, Inc.18,312$2.02M0.04%+381+2.1%Added
Kentucky Retirement Systems18,357$2.02M0.08%+387+2.2%Added
Great Diamond Partners, LLC18,427$2.03M0.57%−1,621−8.1%Reduced
Atria Investments LLC18,446$2.03M0.04%+938+5.4%Added
Sumitomo Mitsui DS Asset Management Company, Ltd19,368$2.13M0.05%−16−0.1%Reduced
L2 Asset Management, LLC19,430$2.14M1.33%+950+5.1%Added
Louisiana State Employees Retirement System18,200$2.16M0.05%−200−1.1%Reduced
AE Wealth Management LLC19,639$2.16M0.01%−9,393−32.4%Reduced
Bridgeway Capital Management, LLC19,700$2.17M0.04%00.0%Unchanged
Bell & Brown Wealth Advisors, LLC19,729$2.17M0.98%−535−2.6%Reduced
M&T Bank Corp19,743$2.17M0.01%−20,181−50.5%Reduced
Cornercap Investment Counsel Inc19,846$2.19M0.24%+1,379+7.5%Added
Edge Capital Group, LLC19,935$2.20M0.15%+254+1.3%Added
Community Capital Management, Inc.–$2.20M2.61%––
O'Shaughnessy Asset Management, LLC20,109$2.22M0.04%+14,729+273.8%Added
Connors Investor Services Inc20,319$2.24M0.23%00.0%Unchanged
Creative Planning20,402$2.25M0.00%+1,112+5.8%Added
Wellington Management Group LLP20,515$2.26M0.00%+2,127+11.6%Added
Chicago Partners Investment Group LLC21,644$2.27M0.17%+38+0.2%Added
Alaska Permanent Fund Corp20,700$2.28M0.04%00.0%Unchanged
Captrust Financial Advisors20,833$2.30M0.01%+2,645+14.5%Added
Dai-Ichi Life Insurance Company, Ltd21,067$2.32M0.04%+10,000+90.4%Added
Teachers Retirement System of the State of Kentucky21,169$2.33M0.02%−921−4.2%Reduced
Bryn Mawr Trust Co21,187$2.33M0.09%−457−2.1%Reduced
Camelot Portfolios, LLC21,274$2.34M1.17%+675+3.3%Added
Barnett & Company, Inc.22,060$2.43M1.73%+110+0.5%Added
Maryland State Retirement & Pension System22,260$2.45M0.07%−548−2.4%Reduced
Kestra Advisory Services, LLC22,603$2.49M0.03%−1,150−4.8%Reduced
Elo Mutual Pension Insurance Co23,049$2.54M0.07%−105−0.5%Reduced
TCTC Holdings, LLC23,522$2.59M0.11%00.0%Unchanged
Oregon Public Employees Retirement Fund23,530$2.59M0.03%−736−3.0%Reduced
Laurel Wealth Advisors, Inc.23,686$2.61M0.22%+5,503+30.3%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,956$2.64M0.03%00.0%Unchanged
NJ State Employees Deferred Compensation Plan24,350$2.68M0.36%00.0%Unchanged
Zacks Investment Management24,369$2.69M0.04%+1,103+4.7%Added
Securian Asset Management, Inc24,477$2.70M0.05%−811−3.2%Reduced
Lido Advisors, LLC24,539$2.70M0.05%+4,637+23.3%Added
Stonegate Investment Group, LLC24,898$2.74M0.09%−2,338−8.6%Reduced
Advisor Partners LLC25,012$2.76M0.17%−2,814−10.1%Reduced
Marathon Capital Management25,170$2.77M0.80%−5,520−18.0%Reduced
Wealthfront Advisers LLC25,255$2.78M0.01%−9,998−28.4%Reduced
Cetera Advisor Networks LLC25,286$2.79M0.03%+1,787+7.6%Added
Twin Capital Management Inc26,346$2.90M0.31%−1,100−4.0%Reduced
Shell Asset Management Co26,388$2.91M0.07%+505+2.0%Added
Old Second National Bank of Aurora26,437$2.91M0.73%−2,640−9.1%Reduced
Daiwa Securities Group Inc.26,961$2.97M0.02%+4,154+18.2%Added
Condor Capital Management27,118$2.99M0.33%−652−2.3%Reduced
Baird Financial Group, Inc.27,565$3.04M0.01%+206+0.8%Added
Keeley-Teton Advisors, LLC27,688$3.05M0.32%−523−1.9%Reduced
Kingsview Wealth Management, LLC27,973$3.08M0.14%−4,814−14.7%Reduced
Choate Investment Advisors28,371$3.13M0.17%+28,371New
Heritage Investors Management Corp28,561$3.15M0.13%−100−0.3%Reduced
Federated Hermes, Inc.28,702$3.16M0.01%−30,427−51.5%Reduced
Mirabella Financial Services LLP27,988$3.17M0.36%+27,988New
CIBC Asset Management Inc28,850$3.18M0.01%+157+0.5%Added
Ameritas Investment Partners, Inc.29,556$3.26M0.12%−169−0.6%Reduced
Regentatlantic Capital LLC29,886$3.29M0.09%+682+2.3%Added
Callahan Advisors, LLC30,225$3.33M0.38%00.0%Unchanged
Bank of Nova Scotia30,565$3.37M0.01%−16,034−34.4%Reduced
MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH30,290$3.38M0.24%+30,290New
AlphaCrest Capital Management LLC30,937$3.41M0.19%+7,703+33.2%Added
Mount Lucas Management LP31,026$3.42M1.00%−3,792−10.9%Reduced
First Republic Investment Management, Inc.31,150$3.43M0.01%−8,714−21.9%Reduced
Brinker Capital Investments, LLC31,574$3.48M0.05%−2,502−7.3%Reduced
Park Avenue Securities LLC31,956$3.52M0.06%+2,303+7.8%Added
Achmea Investment Management B.V.32,243$3.55M0.09%−1,087−3.3%Reduced
Oppenheimer Asset Management Inc.32,771$3.61M0.05%+2,206+7.2%Added
Nissay Asset Management Corp33,049$3.64M0.03%+60+0.2%Added
Virginia Retirement Systems Et Al33,200$3.66M0.03%+33,200New
Factorial Partners, LLC33,600$3.70M2.54%00.0%Unchanged
Wisconsin Capital Management LLC33,695$3.71M1.79%−21,480−38.9%Reduced
Colony Group LLC34,040$3.75M0.06%+28+0.1%Added
Putnam Investments LLC34,091$3.76M0.01%+14,935+78.0%Added
Lynch & Associates34,216$3.77M0.91%−128−0.4%Reduced
Cerity Partners LLC34,299$3.78M0.06%−10,159−22.9%Reduced
Cambridge Investment Research Advisors, Inc.34,560$3.81M0.02%+8,042+30.3%Added
Xponance, Inc.35,529$3.92M0.07%+87+0.2%Added
CIBC Private Wealth Group, LLC35,593$3.92M0.01%−988−2.7%Reduced
BerganKDV Wealth Management, LLC35,943$3.96M0.42%+2,313+6.9%Added
Leuthold Group, LLC36,008$3.97M0.51%−121−0.3%Reduced
Peapack Gladstone Financial Corp36,085$3.98M0.08%+1,165+3.3%Added
Mariner, LLC36,471$4.02M0.02%+6,870+23.2%Added
Pinnacle Associates Ltd36,815$4.06M0.07%−100−0.3%Reduced
Public Employees Retirement Association of Colorado37,005$4.08M0.02%−4,771−11.4%Reduced
Robertson Stephens Wealth Management, LLC37,078$4.08M0.35%+367+1.0%Added
Texas Permanent School Fund37,356$4.12M0.06%−3,067−7.6%Reduced
Mackenzie Financial Corp37,896$4.18M0.01%+2,211+6.2%Added
Wesbanco Bank Inc38,081$4.20M0.16%−600−1.6%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys38,535$4.25M0.04%+1,749+4.8%Added
Baker Ellis Asset Management LLC39,568$4.36M0.78%+7,642+23.9%Added
Illinois Municipal Retirement Fund40,004$4.41M0.13%−12,812−24.3%Reduced
Public Sector Pension Investment Board40,410$4.45M0.03%−8,490−17.4%Reduced
Cambria Investment Management, L.P.40,662$4.48M0.57%+13,554+50.0%Added
SeaTown Holdings Pte. Ltd.41,000$4.52M0.34%−63,000−60.6%Reduced
Mackay Shields LLC41,303$4.55M0.04%−2,377−5.4%Reduced
Capital International Inc41,337$4.55M0.05%+544+1.3%Added
Hartford Investment Management Co41,480$4.57M0.12%−2,558−5.8%Reduced
Smith, Graham & Co., Investment Advisors, LP41,736$4.60M0.48%+1,413+3.5%Added