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Discover Financial Services

DFSDelisted
Industry
Personal Credit Institutions
SEC CIK
0001393612

Discover Financial Services was delisted in 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 $37.5B in total; superinvestors Third Point and Maverick Capital held it.

13F holders, Q4 2022

Institutional positions in Discover Financial Services as of Dec 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
980
+70 vs. Q3 2022
Shares held
223.9M
−1.55M (−0.7%) vs. Q3 2022
Total value
$21.9B
+$1.40B (+6.8%) vs. Q3 2022
New holders
136
331 more added
Sold out
66
327 more reduced

17 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2022: 980 institutions
Q1 2021: 898 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: 3 institutionsQ4 2025: 2 institutionsQ1 2026: 4 institutionsQ2 2026: 1 institution
Value heldQ4 2022: $21.9B
Q1 2021: $24.9BQ2 2021: $30.6BQ3 2021: $30.8BQ4 2021: $28.4BQ1 2022: $26.1BQ2 2022: $21.8BQ3 2022: $20.7BQ4 2022: $21.9BQ1 2023: $21.9BQ2 2023: $24.7BQ3 2023: $18.3BQ4 2023: $25.2BQ1 2024: $29.4BQ2 2024: $28.0BQ3 2024: $30.2BQ4 2024: $37.7BQ1 2025: $37.5BQ2 2025: $15.3MQ3 2025: $4.45MQ4 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 20253$4.45M
Q2 202510$15.3M
Q1 20251,176$37.5B
Q4 20241,173$37.7B
Q3 20241,061$30.2B
Q2 20241,030$28.0B
Q1 20241,036$29.4B
Q4 2023979$25.2B
Q3 2023908$18.3B
Q2 2023975$24.7B
Q1 2023958$21.9B
Q4 2022980$21.9B
Q3 2022927$20.7B
Q2 2022944$21.8B
Q1 2022953$26.1B
Q4 2021983$28.4B
Q3 2021946$30.8B
Q2 2021927$30.6B
Q1 2021898$24.9B

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q3 2022.

Institutions holding DFS in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc35,852,497$3.51B0.10%+464,536+1.3%Added
BlackRock Inc.20,286,763$1.98B0.06%+184,144+0.9%Added
Capital World Investors18,919,487$1.85B0.39%+1,229,529+7.0%Added
State Street Corp11,707,461$1.15B0.07%−31,409−0.3%Reduced
FMR LLC6,975,205$682.4M0.07%−1,039,572−13.0%Reduced
Geode Capital Management, LLC5,662,234$553.6M0.08%+50,588+0.9%Added
Macquarie Group Ltd5,121,356$501.0M0.59%+293,924+6.1%Added
Morgan Stanley4,927,342$482.0M0.05%+1,293,260+35.6%Added
Boston Partners4,125,040$403.8M0.55%+34,033+0.8%Added
Norges Bank3,482,290$340.7M0.08%+388,372+12.6%Added
Northern Trust Corp3,186,872$311.8M0.07%−126,763−3.8%Reduced
Nuveen Asset Management, LLC2,819,819$275.9M0.11%+705,894+33.4%Added
Arrowstreet Capital, Limited Partnership2,749,914$269.0M0.38%+364,988+15.3%Added
Dimensional Fund Advisors LP2,532,290$247.7M0.07%+49,968+2.0%Added
Ameriprise Financial Inc2,521,208$246.6M0.08%+46,389+1.9%Added
Primecap Management Co2,329,879$227.9M0.21%−625,640−21.2%Reduced
Barclays PLC2,286,622$223.7M0.19%+262,860+13.0%Added
Goldman Sachs Group Inc2,271,001$222.2M0.06%+329,810+17.0%Added
Bank of New York Mellon Corp2,240,360$219.2M0.05%−631,870−22.0%Reduced
Millennium Management LLC2,228,263$218.0M0.24%+554,772+33.2%Added
LSV Asset Management2,120,859$207.5M0.46%−362,579−14.6%Reduced
Legal & General Group Plc2,018,549$197.5M0.08%−127,574−5.9%Reduced
First Trust Advisors LP1,968,486$192.6M0.23%+20,644+1.1%Added
Principal Financial Group Inc1,906,058$186.5M0.14%−10,769−0.6%Reduced
Deutsche Bank AG1,820,393$178.1M0.10%+337,835+22.8%Added
Allspring Global Investments Holdings, LLC1,796,007$175.7M0.30%−179,537−9.1%Reduced
JPMorgan Chase & Co1,786,303$174.8M0.02%−164,534−8.4%Reduced
UBS Group AG1,717,248$168.0M0.08%+93,746+5.8%Added
Capital International Investors1,701,264$166.4M0.04%−4,645,133−73.2%Reduced
Charles Schwab Investment Management Inc1,670,693$163.4M0.05%+32,744+2.0%Added
Rockefeller Capital Management L.P.1,633,025$159.8M0.80%−668,913−29.1%Reduced
Bank of America Corp1,616,626$158.2M0.02%−160,625−9.0%Reduced
Invesco Ltd.1,597,862$156.3M0.05%−393,145−19.7%Reduced
Truist Financial Corp1,221,549$119.5M0.21%−55,158−4.3%Reduced
UBS Asset Management Americas Inc1,196,906$117.1M0.06%−40,645−3.3%Reduced
Nordea Investment Management AB1,151,775$111.5M0.17%−70,081−5.7%Reduced
Citadel Advisors LLC1,080,179$105.7M0.12%−1,739,360−61.7%Reduced
Eminence Capital, LP1,038,969$101.6M1.89%+1,038,969New
Turtle Creek Asset Management Inc.998,105$97.6M3.44%+39,520+4.1%Added
Envestnet Asset Management Inc958,769$93.8M0.05%+13,742+1.5%Added
Allianz Asset Management GmbH896,666$87.7M0.19%+94,715+11.8%Added
D. E. Shaw & Co., Inc.847,831$82.9M0.14%+371,477+78.0%Added
Sumitomo Mitsui Trust Holdings, Inc.838,572$82.0M0.06%−230,480−21.6%Reduced
Robeco Institutional Asset Management B.V.835,983$81.8M0.24%+8,684+1.0%Added
Massachusetts Financial Services Co830,086$81.2M0.03%+4,734+0.6%Added
APG Asset Management N.V.825,132$80.7M0.15%+23,451+2.9%Added
Holocene Advisors, LP789,767$77.3M0.48%−205,679−20.7%Reduced
Man Group plc745,240$72.9M0.26%+134,234+22.0%Added
Ensign Peak Advisors, Inc675,993$66.1M0.15%+4,259+0.6%Added
National Pension Service656,890$64.3M0.13%−13,401−2.0%Reduced
California Public Employees Retirement System648,317$63.4M0.05%+11,819+1.9%Added
Schroder Investment Management Group640,019$62.6M0.10%−233,994−26.8%Reduced
Amundi583,379$62.4M0.03%−129,956−18.2%Reduced
Royal Bank of Canada617,265$60.4M0.02%+135,345+28.1%Added
Price T Rowe Associates Inc592,166$57.9M0.01%−32,764−5.2%Reduced
Alyeska Investment Group, L.P.566,297$55.4M0.57%+327,233+136.9%Added
Rhumbline Advisers554,931$54.3M0.07%+13,522+2.5%Added
Wells Fargo & Company520,955$51.0M0.02%−316,817−37.8%Reduced
Renaissance Technologies LLC509,100$49.8M0.07%+506,100+16,870.0%Added
Manufacturers Life Insurance Company, The495,394$48.5M0.03%−50,368−9.2%Reduced
Thrivent Financial for Lutherans491,311$48.1M0.12%+65,306+15.3%Added
HSBC Holdings PLC487,621$47.6M0.06%+214,316+78.4%Added
Credit Suisse AG452,454$44.3M0.05%−62,948−12.2%Reduced
California State Teachers Retirement System450,730$44.1M0.07%−3,442−0.8%Reduced
AQR Capital Management LLC454,293$44.0M0.10%−1,575−0.3%Reduced
Avalon Investment & Advisory447,601$43.8M1.25%−22,079−4.7%Reduced
Bank of Montreal443,860$43.4M0.02%+61,775+16.2%Added
Mitsubishi UFJ Trust & Banking Corp425,552$41.6M0.11%+193,154+83.1%Added
CI Private Wealth, LLC397,388$38.9M0.14%+397,388New
Adage Capital Partners GP, L.L.C.393,808$38.5M0.09%+129,500+49.0%Added
Victory Capital Management Inc388,694$38.0M0.04%+13,295+3.5%Added
Bruni J V & Co387,595$37.9M5.32%+2,055+0.5%Added
Vaughan David Investments LLC380,544$37.2M1.11%+715+0.2%Added
Brandywine Global Investment Management, LLC380,493$37.2M0.29%+98,772+35.1%Added
Rathbone Brothers plc376,879$36.9M0.42%+33,491+9.8%Added
Qube Research & Technologies Ltd371,948$36.4M0.22%+346,760+1,376.7%Added
M&G Investment Management Ltd370,557$36.3M0.18%−10,161−2.7%Reduced
New York State Teachers Retirement System356,223$34.8M0.09%−10,474−2.9%Reduced
Cubist Systematic Strategies, LLC355,547$34.8M0.30%+244,067+218.9%Added
State Board of Administration of Florida Retirement System351,281$34.4M0.08%−720−0.2%Reduced
Alliancebernstein L.P.350,832$34.3M0.02%−76,058−17.8%Reduced
Waters Parkerson & Co., LLC350,812$34.3M2.06%−721−0.2%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC349,716$34.2M0.18%+45,036+14.8%Added
Smith Chas P & Associates Pa Cpas339,888$33.3M2.36%+1,332+0.4%Added
Canada Pension Plan Investment Board315,900$30.9M0.05%+222,500+238.2%Added
Moore Capital Management, LP315,365$30.9M0.87%+315,365New
National Bank of Canada315,207$30.8M0.08%+161,127+104.6%Added
Raymond James & Associates308,373$30.2M0.03%−15,000−4.6%Reduced
Cerity Partners LLC303,334$29.7M0.19%+10,364+3.5%Added
Wedge Capital Management L L P301,121$29.5M0.47%+18,235+6.4%Added
O'Shaughnessy Asset Management, LLC296,305$29.0M0.47%+15,883+5.7%Added
New York State Common Retirement Fund294,182$28.8M0.04%−160,834−35.3%Reduced
Prudential Financial Inc288,159$28.2M0.05%+22,911+8.6%Added
Korea Investment CORP286,023$28.0M0.09%+116,206+68.4%Added
Associated Banc-Corp270,674$26.5M1.10%+3,599+1.3%Added
Great West Life Assurance Co269,011$26.4M0.07%−18,519−6.4%Reduced
Pinebridge Investments, L.P.259,279$25.4M0.31%+9,283+3.7%Added
Citigroup Inc257,098$25.2M0.04%−13,580−5.0%Reduced
Gillson Capital LP256,644$25.1M1.90%−14,541−5.4%Reduced
Candriam Luxembourg S.C.A.255,971$25.0M0.17%+13,547+5.6%Added