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, Q3 2022

Institutional positions in Discover Financial Services as of Sep 30, 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
927
−7 vs. Q2 2022
Shares held
227.1M
−3.21M (−1.4%) vs. Q2 2022
Total value
$20.7B
−$1.13B (−5.2%) vs. Q2 2022
New holders
86
300 more added
Sold out
93
337 more reduced

10 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: 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 holdersQ3 2022: 927 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 heldQ3 2022: $20.7B
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, Q3 2022

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q2 2022.

Institutions holding DFS in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Baird Financial Group, Inc.28,012$2.55M0.01%+161+0.6%Added
Wellington Management Group LLP27,741$2.52M0.00%−4,327−13.5%Reduced
British Columbia Investment Management Corp27,705$2.52M0.03%−5,344−16.2%Reduced
Condor Capital Management27,519$2.50M0.33%+179+0.7%Added
Brinker Capital Investments, LLC27,436$2.49M0.05%+2,792+11.3%Added
Keeley-Teton Advisors, LLC27,330$2.48M0.34%−50−0.2%Reduced
Heritage Investors Management Corp27,212$2.47M0.12%−1,361−4.8%Reduced
Teachers Retirement System of the State of Kentucky26,522$2.41M0.03%+26,522New
Creative Planning25,457$2.31M0.00%+2,043+8.7%Added
Old Second National Bank of Aurora25,374$2.31M0.71%−694−2.7%Reduced
Qube Research & Technologies Ltd25,188$2.29M0.01%+25,188New
Marathon Capital Management25,055$2.28M0.65%−40−0.2%Reduced
RBF Capital, LLC25,000$2.27M0.19%+8,500+51.5%Added
Kestra Advisory Services, LLC24,972$2.27M0.02%−2,834−10.2%Reduced
Daiwa Securities Group Inc.24,696$2.25M0.02%−116−0.5%Reduced
Graham Capital Management, L.P.24,659$2.24M0.10%+16,002+184.8%Added
Pearl River Capital, LLC24,486$2.23M0.41%+4,798+24.4%Added
Northwestern Mutual Wealth Management Co24,454$2.22M0.00%−60,380−71.2%Reduced
NJ State Employees Deferred Compensation Plan24,350$2.21M0.38%00.0%Unchanged
Zacks Investment Management24,316$2.21M0.04%+33+0.1%Added
Bank of Nova Scotia24,312$2.21M0.01%+8,020+49.2%Added
Chicago Partners Investment Group LLC21,827$2.21M0.16%+12+0.1%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,956$2.18M0.03%00.0%Unchanged
TCTC Holdings, LLC23,522$2.14M0.09%00.0%Unchanged
M&T Bank Corp23,159$2.11M0.01%+1,254+5.7%Added
Securian Asset Management, Inc23,150$2.10M0.06%−589−2.5%Reduced
Laurel Wealth Advisors, Inc.23,114$2.10M0.22%−206−0.9%Reduced
Wealthfront Advisers LLC23,094$2.10M0.01%+338+1.5%Added
Captrust Financial Advisors22,935$2.08M0.01%+3,388+17.3%Added
Alaska Permanent Fund Corp22,900$2.08M0.04%00.0%Unchanged
IFG Advisory, LLC22,736$2.07M0.19%+9,379+70.2%Added
Pathstone Family Office, LLC22,299$2.04M0.04%+10,918+95.9%Added
Cypress Financial Planning LLC22,224$2.02M1.43%00.0%Unchanged
Advisor Partners II, LLC22,129$2.01M0.15%+22,129New
Barnett & Company, Inc.21,975$2.00M1.76%−185−0.8%Reduced
Kentucky Retirement Systems21,383$1.94M0.08%+530+2.5%Added
Shell Asset Management Co21,203$1.93M0.08%−5,663−21.1%Reduced
Maryland State Retirement & Pension System21,162$1.92M0.16%−444−2.1%Reduced
Bryn Mawr Trust Co21,151$1.92M0.09%00.0%Unchanged
Elo Mutual Pension Insurance Co21,101$1.92M0.07%−1,356−6.0%Reduced
Dai-Ichi Life Insurance Company, Ltd21,067$1.92M0.05%00.0%Unchanged
Oregon Public Employees Retirement Fund20,841$1.90M0.03%−1,609−7.2%Reduced
Stonegate Investment Group, LLC20,684$1.88M0.09%−1,099−5.0%Reduced
Cetera Advisor Networks LLC20,581$1.87M0.02%−1,364−6.2%Reduced
Point72 Hong Kong Ltd20,332$1.85M0.11%+211+1.0%Added
Connors Investor Services Inc20,319$1.85M0.24%00.0%Unchanged
Sumitomo Mitsui DS Asset Management Company, Ltd19,669$1.79M0.04%+263+1.4%Added
Great Diamond Partners, LLC19,665$1.79M0.61%+550+2.9%Added
Bell & Brown Wealth Advisors, LLC19,484$1.77M1.09%+90.0%Added
Cornercap Investment Counsel Inc19,138$1.74M0.33%−1,240−6.1%Reduced
Stock Yards Bank & Trust Co18,848$1.71M0.07%+987+5.5%Added
Galvin, Gaustad & Stein, LLC17,905$1.63M0.17%−119,760−87.0%Reduced
Parallax Volatility Advisers, L.P.17,883$1.63M0.03%−67,271−79.0%Reduced
Mercer Global Advisors Inc17,777$1.62M0.01%−321−1.8%Reduced
TD Private Client Wealth LLC17,751$1.61M0.08%+365+2.1%Added
Trexquant Investment LP17,651$1.60M0.06%+17,651New
ExodusPoint Capital Management, LP17,621$1.60M0.02%+17,621New
Louisiana State Employees Retirement System17,500$1.59M0.05%−300−1.7%Reduced
SG Americas Securities, LLC17,444$1.59M0.02%+7,661+78.3%Added
Bridgewater Associates, LP17,347$1.58M0.01%−221,111−92.7%Reduced
Ferguson Wellman Capital Management, Inc17,227$1.57M0.06%−427−2.4%Reduced
Malaga Cove Capital, LLC17,126$1.56M0.89%+30.0%Added
Norinchukin Bank, The17,000$1.55M0.03%+1,831+12.1%Added
Natixis16,822$1.53M0.01%+4,616+37.8%Added
Glenview Trust Co16,800$1.53M0.06%+2,798+20.0%Added
Griffin Asset Management, Inc.16,666$1.51M0.25%00.0%Unchanged
Community Capital Management, Inc.16,300$1.48M1.94%+1,500+10.1%Added
Capitolis Advisors LLC16,046$1.46M0.10%00.0%Unchanged
Atria Investments LLC15,960$1.45M0.03%−432−2.6%Reduced
Connor, Clark & Lunn Investment Management Ltd.15,788$1.44M0.01%+8,114+105.7%Added
Dana Investment Advisors, Inc.15,707$1.43M0.08%−253−1.6%Reduced
Metropolitan Life Insurance Co15,684$1.43M0.07%−646−4.0%Reduced
Camelot Portfolios, LLC15,554$1.41M1.33%−4,811−23.6%Reduced
GWM Advisors LLC15,461$1.41M0.02%−1,879−10.8%Reduced
Commerce Bank15,423$1.40M0.01%+18+0.1%Added
Federated Hermes, Inc.15,368$1.40M0.00%−383−2.4%Reduced
Redwood Investment Management, LLC15,179$1.38M0.29%+1,653+12.2%Added
Private Advisor Group, LLC15,058$1.37M0.02%−9,601−38.9%Reduced
Power Corp of Canada15,035$1.37M0.20%+15,035New
Mork Capital Management, LLC15,000$1.36M1.34%00.0%Unchanged
Winton Group Ltd14,933$1.36M0.09%+9,710+185.9%Added
CIBC World Markets Inc.14,866$1.35M0.01%+1,517+11.4%Added
Veriti Management LLC14,793$1.34M0.20%+56+0.4%Added
Quantitative Investment Management, LLC14,687$1.33M0.22%+14,687New
Tower Research Capital LLC (TRC)14,575$1.32M0.02%−2,554−14.9%Reduced
New Mexico Educational Retirement Board14,411$1.31M0.07%−1,600−10.0%Reduced
Round Hill Asset Management14,385$1.31M0.89%00.0%Unchanged
JustInvest LLC14,374$1.31M0.06%+521+3.8%Added
Bokf, NA14,372$1.31M0.03%−493−3.3%Reduced
Forefront Wealth Management Inc.14,301$1.30M1.81%+21+0.1%Added
Cetera Investment Advisers14,168$1.29M0.03%−902−6.0%Reduced
Federation des caisses Desjardins du Quebec14,119$1.28M0.02%00.0%Unchanged
AE Wealth Management LLC13,990$1.27M0.01%−7,171−33.9%Reduced
Capstone Investment Advisors, LLC13,882$1.26M0.03%+13,882New
Allstate Corp13,477$1.23M0.04%−113−0.8%Reduced
Livforsakringsbolaget Skandia, Omsesidigt13,249$1.21M0.15%−4,100−23.6%Reduced
Assetmark, Inc13,226$1.20M0.01%+687+5.5%Added
Paradigm Asset Management Co LLC13,109$1.19M0.40%−100−0.8%Reduced
Clear Harbor Asset Management, LLC13,079$1.19M0.17%−391−2.9%Reduced
Lakeview Capital Partners, LLC12,882$1.17M0.46%+12,882New