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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
Royal London Asset Management Ltd106,413$11.7M0.05%+4,106+4.0%Added
LS Investment Advisors, LLC106,509$11.7M1.86%−120.0%Reduced
Natixis Advisors, L.P.110,265$12.2M0.05%+9,585+9.5%Added
USS Investment Management Ltd110,518$12.2M0.10%+2,285+2.1%Added
Caisse de Depot Et Placement du Quebec113,296$12.5M0.03%−46,100−28.9%Reduced
Par Capital Management Inc115,761$12.8M0.30%00.0%Unchanged
Nepsis, Inc.115,868$12.8M3.81%+1,183+1.0%Added
FIL Ltd121,627$13.4M0.01%−29,969−19.8%Reduced
LPL Financial LLC122,110$13.5M0.01%+5,480+4.7%Added
BNP Paribas Arbitrage, SA125,880$13.9M0.03%+24,861+24.6%Added
Galvin, Gaustad & Stein, LLC128,150$14.1M1.27%+7,602+6.3%Added
De Burlo Group Inc130,900$14.4M2.69%+64,900+98.3%Added
Korea Investment CORP132,900$14.6M0.04%−131,100−49.7%Reduced
Asset Management One Co.,Ltd.135,666$14.9M0.06%−11,436−7.8%Reduced
Guggenheim Capital LLC137,686$15.2M0.09%−9,874−6.7%Reduced
MML Investors Services, LLC137,693$15.2M0.11%+8,439+6.5%Added
Nisa Investment Advisors, LLC138,703$15.3M0.11%−296−0.2%Reduced
HST Ventures, LLC139,688$15.4M12.50%+44,817+47.2%Added
Rheos Capital Works Inc.144,800$16.0M0.77%−38,000−20.8%Reduced
TD Asset Management Inc145,041$16.0M0.01%+18,204+14.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.146,925$16.2M0.06%+12,959+9.7%Added
Storebrand Asset Management AS148,772$16.4M0.08%+4,291+3.0%Added
Rafferty Asset Management, LLC149,789$16.5M0.10%−11,916−7.4%Reduced
Pictet Asset Management SA150,700$16.6M0.02%−495−0.3%Reduced
Raymond James Financial Services Advisors, Inc.154,110$17.0M0.03%+9,952+6.9%Added
Public Employees Retirement System of Ohio155,056$17.1M0.06%−6,745−4.2%Reduced
Doyle Wealth Management156,331$17.2M1.24%+149+0.1%Added
Toronto Dominion Bank163,834$18.1M0.03%−11,187−6.4%Reduced
Ancora Advisors, LLC168,933$18.6M0.46%−16,119−8.7%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)169,693$18.7M0.09%+4,366+2.6%Added
Teacher Retirement System of Texas170,579$18.8M0.10%−68,951−28.8%Reduced
State of New Jersey Common Pension Fund D171,881$18.9M0.06%−2,719−1.6%Reduced
Fifth Third Bancorp173,124$19.1M0.08%−53,537−23.6%Reduced
Chevy Chase Trust Holdings, Inc.173,934$19.2M0.07%−2,525−1.4%Reduced
AMF Pensionsforsakring AB174,727$19.3M0.14%−5,060−2.8%Reduced
Advisor Group Holdings, Inc.178,875$19.9M0.04%+15,033+9.2%Added
Vontobel Holding Ltd.178,252$20.2M0.17%+17,631+11.0%Added
Mitsubishi UFJ Trust & Banking Corp186,654$20.6M0.05%−18,182−8.9%Reduced
D. E. Shaw & Co., Inc.190,093$20.9M0.03%+33,574+21.5%Added
Los Angeles Capital Management LLC191,643$21.1M0.08%−4,818−2.5%Reduced
Voya Investment Management LLC192,877$21.3M0.04%−386,787−66.7%Reduced
AXA S.A.194,027$21.4M0.06%+144,188+289.3%Added
Employees Retirement System of Texas194,200$21.4M0.26%00.0%Unchanged
Pinebridge Investments, L.P.200,041$22.0M0.24%+2,375+1.2%Added
Keybank National Association204,993$22.6M0.10%−9,285−4.3%Reduced
Stieven Capital Advisors, L.P.209,500$23.1M3.07%−101,500−32.6%Reduced
Seizert Capital Partners, LLC213,496$23.5M1.08%+16,227+8.2%Added
SEI Investments Co223,884$24.7M0.05%−19,898−8.2%Reduced
State of Wisconsin Investment Board227,713$25.1M0.05%+73,764+47.9%Added
Russell Investments Group, Ltd.225,270$25.1M0.04%−83,466−27.0%Reduced
Stifel Financial Corp233,043$25.7M0.04%−3,482−1.5%Reduced
Brandywine Global Investment Management, LLC233,900$25.8M0.19%−5,691−2.4%Reduced
Palladium Partners LLC243,771$26.9M1.18%+4,453+1.9%Added
Deroy & Devereaux Private Investment Counsel Inc243,889$26.9M1.95%−13,164−5.1%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC244,551$26.9M0.13%+41,651+20.5%Added
Roosevelt Investment Group LLC246,101$27.1M1.62%−55,818−18.5%Reduced
The PNC Financial Services Group, Inc.255,370$28.1M0.02%−6,003−2.3%Reduced
ETF Managers Group, LLC252,501$28.6M0.57%−14,661−5.5%Reduced
HSBC Holdings PLC259,307$29.0M0.04%−181,451−41.2%Reduced
Citigroup Inc270,150$29.8M0.03%−27,560−9.3%Reduced
Gateway Investment Advisers LLC271,643$29.9M0.30%+43,044+18.8%Added
Burney Co274,859$30.3M1.39%−2,565−0.9%Reduced
Associated Banc-Corp276,511$30.5M1.17%−4,141−1.5%Reduced
Wedge Capital Management L L P282,953$31.2M0.42%+3,412+1.2%Added
Calamos Advisors LLC283,508$31.2M0.12%+20,959+8.0%Added
Great West Life Assurance Co281,372$32.7M0.07%−15,164−5.1%Reduced
Natixis305,284$33.6M0.12%+291,931+2,186.3%Added
Voloridge Investment Management, LLC307,561$33.9M0.19%+50,963+19.9%Added
STRS Ohio308,197$34.0M0.12%+232,760+308.5%Added
Acadian Asset Management LLC311,417$34.3M0.14%−513,475−62.2%Reduced
Smith Chas P & Associates Pa Cpas324,375$35.7M2.70%+6,200+1.9%Added
Prudential Financial Inc336,238$37.0M0.05%−127,381−27.5%Reduced
Raymond James & Associates340,713$37.5M0.03%−67,152−16.5%Reduced
M&G Investment Management Ltd345,123$38.0M0.08%+6,682+2.0%Added
Rathbone Brothers plc346,327$38.2M0.39%+30,620+9.7%Added
Waters Parkerson & Co., LLC347,550$38.3M2.14%+8,906+2.6%Added
KBC Group NV349,098$38.5M0.15%−24,013−6.4%Reduced
Polaris Wealth Advisory Group, LLC362,071$39.5M2.64%+362,071New
Alliancebernstein L.P.363,850$40.1M0.02%−19,116−5.0%Reduced
State Board of Administration of Florida Retirement System373,559$41.2M0.08%−14,352−3.7%Reduced
Vaughan David Investments LLC374,422$41.3M1.22%+442+0.1%Added
New York State Teachers Retirement System377,092$41.6M0.08%+3,560+1.0%Added
Bruni J V & Co386,242$42.6M5.35%−1,058−0.3%Reduced
Scout Investments, Inc.393,114$43.3M0.69%+154,906+65.0%Added
Victory Capital Management Inc404,012$45.4M0.05%+80,209+24.8%Added
Thrivent Financial for Lutherans422,978$46.6M0.09%+17,592+4.3%Added
Janus Henderson Group PLC428,952$47.3M0.02%+142,424+49.7%Added
Bank of Montreal421,687$47.8M0.03%−81,009−16.1%Reduced
Millennium Management LLC446,715$49.2M0.06%−337,627−43.0%Reduced
Avalon Investment & Advisory483,105$53.2M1.29%+6,791+1.4%Added
New York State Common Retirement Fund486,014$53.6M0.06%−14,294−2.9%Reduced
California State Teachers Retirement System496,746$54.7M0.07%−40,352−7.5%Reduced
Rhumbline Advisers505,576$55.7M0.07%−1,592−0.3%Reduced
Amundi513,855$56.1M0.04%−46,945−8.4%Reduced
Balyasny Asset Management LLC529,843$58.4M0.26%+275,091+108.0%Added
Arrowstreet Capital, Limited Partnership531,761$58.6M0.07%−439,086−45.2%Reduced
Credit Suisse AG544,172$60.0M0.05%+61,890+12.8%Added
National Pension Service575,617$63.4M0.12%+53,384+10.2%Added
California Public Employees Retirement System599,788$66.1M0.05%−34,357−5.4%Reduced
Panagora Asset Management Inc619,934$68.3M0.37%−227,313−26.8%Reduced