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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 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: 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 2022: $21.9B
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 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
New York State Teachers Retirement System356,223$34.8M0.09%−10,474−2.9%Reduced
M&G Investment Management Ltd370,557$36.3M0.27%−10,161−2.7%Reduced
Qube Research & Technologies Ltd371,948$36.4M0.22%+346,760+1,376.7%Added
Rathbone Brothers plc376,879$36.9M0.42%+33,491+9.8%Added
Brandywine Global Investment Management, LLC380,493$37.2M0.29%+98,772+35.1%Added
Vaughan David Investments LLC380,544$37.2M1.11%+715+0.2%Added
Bruni J V & Co387,595$37.9M5.32%+2,055+0.5%Added
Victory Capital Management Inc388,694$38.0M0.04%+13,295+3.5%Added
Adage Capital Partners GP, L.L.C.393,808$38.5M0.09%+129,500+49.0%Added
CI Private Wealth, LLC397,388$38.9M0.14%+397,388New
Mitsubishi UFJ Trust & Banking Corp425,552$41.6M0.11%+193,154+83.1%Added
Bank of Montreal443,860$43.4M0.03%+61,775+16.2%Added
Avalon Investment & Advisory447,601$43.8M1.25%−22,079−4.7%Reduced
AQR Capital Management LLC454,293$44.0M0.10%−1,575−0.3%Reduced
California State Teachers Retirement System450,730$44.1M0.07%−3,442−0.8%Reduced
Credit Suisse AG452,454$44.3M0.05%−62,948−12.2%Reduced
HSBC Holdings PLC487,621$47.6M0.06%+214,316+78.4%Added
Thrivent Financial for Lutherans491,311$48.1M0.12%+65,306+15.3%Added
Manufacturers Life Insurance Company, The495,394$48.5M0.03%−50,368−9.2%Reduced
Renaissance Technologies LLC509,100$49.8M0.07%+506,100+16,870.0%Added
Wells Fargo & Company520,955$51.0M0.02%−316,817−37.8%Reduced
Rhumbline Advisers554,931$54.3M0.07%+13,522+2.5%Added
Alyeska Investment Group, L.P.566,297$55.4M0.57%+327,233+136.9%Added
Price T Rowe Associates Inc592,166$57.9M0.01%−32,764−5.2%Reduced
Royal Bank of Canada617,265$60.4M0.02%+135,345+28.1%Added
Amundi583,379$62.4M0.03%−129,956−18.2%Reduced
Schroder Investment Management Group640,019$62.6M0.10%−233,994−26.8%Reduced
California Public Employees Retirement System648,317$63.4M0.05%+11,819+1.9%Added
National Pension Service656,890$64.3M0.13%−13,401−2.0%Reduced
Ensign Peak Advisors, Inc675,993$66.1M0.15%+4,259+0.6%Added
Man Group plc745,240$72.9M0.26%+134,234+22.0%Added
Holocene Advisors, LP789,767$77.3M0.48%−205,679−20.7%Reduced
APG Asset Management N.V.825,132$80.7M0.15%+23,451+2.9%Added
Massachusetts Financial Services Co830,086$81.2M0.03%+4,734+0.6%Added
Robeco Institutional Asset Management B.V.835,983$81.8M0.24%+8,684+1.0%Added
Sumitomo Mitsui Trust Holdings, Inc.838,572$82.0M0.06%−230,480−21.6%Reduced
D. E. Shaw & Co., Inc.847,831$82.9M0.14%+371,477+78.0%Added
Allianz Asset Management GmbH896,666$87.7M0.19%+94,715+11.8%Added
Envestnet Asset Management Inc958,769$93.8M0.05%+13,742+1.5%Added
Turtle Creek Asset Management Inc.998,105$97.6M3.44%+39,520+4.1%Added
Eminence Capital, LP1,038,969$101.6M1.89%+1,038,969New
Citadel Advisors LLC1,080,179$105.7M0.12%−1,739,360−61.7%Reduced
Nordea Investment Management AB1,151,775$111.5M0.17%−70,081−5.7%Reduced
UBS Asset Management Americas Inc1,196,906$117.1M0.06%−40,645−3.3%Reduced
Truist Financial Corp1,221,549$119.5M0.21%−55,158−4.3%Reduced
Invesco Ltd.1,597,862$156.3M0.05%−393,145−19.7%Reduced
Bank of America Corp1,616,626$158.2M0.02%−160,625−9.0%Reduced
Rockefeller Capital Management L.P.1,633,025$159.8M0.80%−668,913−29.1%Reduced
Charles Schwab Investment Management Inc1,670,693$163.4M0.05%+32,744+2.0%Added
Capital International Investors1,701,264$166.4M0.04%−4,645,133−73.2%Reduced
UBS Group AG1,717,248$168.0M0.08%+93,746+5.8%Added
JPMorgan Chase & Co1,786,303$174.8M0.02%−164,534−8.4%Reduced
Allspring Global Investments Holdings, LLC1,796,007$175.7M0.30%−179,537−9.1%Reduced
Deutsche Bank AG1,820,393$178.1M0.10%+337,835+22.8%Added
Principal Financial Group Inc1,906,058$186.5M0.14%−10,769−0.6%Reduced
First Trust Advisors LP1,968,486$192.6M0.23%+20,644+1.1%Added
Legal & General Group Plc2,018,549$197.5M0.08%−127,574−5.9%Reduced
LSV Asset Management2,120,859$207.5M0.46%−362,579−14.6%Reduced
Millennium Management LLC2,228,263$218.0M0.24%+554,772+33.2%Added
Bank of New York Mellon Corp2,240,360$219.2M0.05%−631,870−22.0%Reduced
Goldman Sachs Group Inc2,271,001$222.2M0.06%+329,810+17.0%Added
Barclays PLC2,286,622$223.7M0.19%+262,860+13.0%Added
Primecap Management Co2,329,879$227.9M0.21%−625,640−21.2%Reduced
Ameriprise Financial Inc2,521,208$246.6M0.08%+46,389+1.9%Added
Dimensional Fund Advisors LP2,532,290$247.7M0.09%+49,968+2.0%Added
Arrowstreet Capital, Limited Partnership2,749,914$269.0M0.38%+364,988+15.3%Added
Nuveen Asset Management, LLC2,819,819$275.9M0.11%+705,894+33.4%Added
Northern Trust Corp3,186,872$311.8M0.07%−126,763−3.8%Reduced
Norges Bank3,482,290$340.7M0.08%+388,372+12.6%Added
Boston Partners4,125,040$403.8M0.55%+34,033+0.8%Added
Morgan Stanley4,927,342$482.0M0.05%+1,293,260+35.6%Added
Macquarie Group Ltd5,121,356$501.0M0.59%+293,924+6.1%Added
Geode Capital Management, LLC5,662,234$553.6M0.08%+50,588+0.9%Added
FMR LLC6,975,205$682.4M0.07%−1,039,572−13.0%Reduced
State Street Corp11,707,461$1.15B0.07%−31,409−0.3%Reduced
Capital World Investors18,919,487$1.85B0.39%+1,229,529+7.0%Added
BlackRock Inc.20,286,763$1.98B0.06%+184,144+0.9%Added
Vanguard Group Inc35,852,497$3.51B0.10%+464,536+1.3%Added
Transamerica Financial Advisors, Inc.1––00.0%Unchanged
Johnson & White Wealth Management, LLC3,671––+3,671New
Parnassus Investments0$00.00%−800,869−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−593,251−100.0%Sold out
Junto Capital Management LP0$00.00%−547,427−100.0%Sold out
Ergoteles LLC0$00.00%−81,217−100.0%Sold out
Marshall Wace, LLP0$00.00%−63,257−100.0%Sold out
Kingdon Capital Management, L.L.C.0$00.00%−60,000−100.0%Sold out
Squarepoint Ops LLC0$00.00%−53,914−100.0%Sold out
AlphaCrest Capital Management LLC0$00.00%−39,946−100.0%Sold out
Stonegate Investment Group, LLC0$00.00%−20,684−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−20,332−100.0%Sold out
Trexquant Investment LP0$00.00%−17,651−100.0%Sold out
Capitolis Advisors LLC0$00.00%−16,046−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−15,788−100.0%Sold out
Lakeview Capital Partners, LLC0$00.00%−12,882−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−12,800−100.0%Sold out
Maven Securities LTD0$00.00%−12,592−100.0%Sold out
Beacon Financial Group0$00.00%−10,482−100.0%Sold out
OPSEU Pension Plan Trust Fund0$00.00%−10,052−100.0%Sold out
SRN Advisors, LLC0$00.00%−7,866−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−7,561−100.0%Sold out