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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
Atria Investments LLC16,607$1.62M0.03%+647+4.1%Added
Griffin Asset Management, Inc.16,666$1.63M0.25%00.0%Unchanged
Malaga Cove Capital, LLC17,033$1.67M0.91%−93−0.5%Reduced
Camelot Portfolios, LLC17,505$1.71M1.27%+1,951+12.5%Added
Louisiana State Employees Retirement System17,700$1.73M0.05%+200+1.1%Added
JustInvest LLC17,946$1.76M0.07%+3,572+24.9%Added
Stock Yards Bank & Trust Co18,084$1.77M0.07%−764−4.1%Reduced
TD Private Client Wealth LLC18,108$1.77M0.08%+357+2.0%Added
HRT Financial LP18,151$1.77M0.03%−214,603−92.2%Reduced
Cutler Group LP18,191$1.78M0.22%+17,928+6,816.7%Added
Affinity Investment Advisors, LLC18,454$1.81M0.83%+14,976+430.6%Added
Ferguson Wellman Capital Management, Inc18,605$1.82M0.05%+1,378+8.0%Added
Assetmark, Inc18,802$1.84M0.01%+5,576+42.2%Added
Saranac Partners Ltd19,308$1.89M3.47%+19,308New
Cornercap Investment Counsel Inc19,344$1.89M0.33%+206+1.1%Added
Bell & Brown Wealth Advisors, LLC19,384$1.90M1.04%−100−0.5%Reduced
Great Diamond Partners, LLC19,630$1.92M0.59%−35−0.2%Reduced
Tudor Investment Corp Et Al19,670$1.92M0.05%+19,670New
Glenview Trust Co19,914$1.95M0.06%+3,114+18.5%Added
Connors Investor Services Inc20,319$1.99M0.25%00.0%Unchanged
Investment Management Corp of Ontario20,660$2.02M0.10%+20,660New
Hartford Investment Management Co20,930$2.05M0.06%−23,161−52.5%Reduced
Oregon Public Employees Retirement Fund21,069$2.06M0.03%+228+1.1%Added
Bryn Mawr Trust Co21,081$2.06M0.09%−70−0.3%Reduced
Elo Mutual Pension Insurance Co21,147$2.07M0.07%+46+0.2%Added
Maryland State Retirement & Pension System21,162$2.07M0.06%00.0%Unchanged
Advisor Partners II, LLC21,175$2.07M0.13%−954−4.3%Reduced
Pathstone Family Office, LLC29,321$2.08M0.04%+7,022+31.5%Added
Kentucky Retirement Systems21,477$2.10M0.08%+94+0.4%Added
Barnett & Company, Inc.21,575$2.11M1.61%−400−1.8%Reduced
Amica Mutual Insurance Co21,793$2.13M0.27%−6,680−23.5%Reduced
Walleye Capital LLC21,933$2.15M0.05%−12,628−36.5%Reduced
Cypress Financial Planning LLC22,225$2.16M1.44%+10.0%Added
Sumitomo Mitsui DS Asset Management Company, Ltd22,092$2.16M0.04%+2,423+12.3%Added
Lighthouse Investment Partners, LLC22,440$2.20M0.40%+22,440New
Cetera Investment Advisers22,508$2.20M0.02%+8,340+58.9%Added
Wesbanco Bank Inc22,571$2.21M0.10%+19,462+626.0%Added
Captrust Financial Advisors22,588$2.21M0.01%−347−1.5%Reduced
Securian Asset Management, Inc22,741$2.22M0.06%−409−1.8%Reduced
Mercer Global Advisors Inc22,872$2.24M0.01%+5,095+28.7%Added
Alaska Permanent Fund Corp22,900$2.24M0.04%00.0%Unchanged
Laurel Wealth Advisors, Inc.22,907$2.24M0.22%−207−0.9%Reduced
Dynamic Technology Lab Private Ltd23,118$2.26M0.23%+23,118New
AE Wealth Management LLC23,268$2.28M0.02%+9,278+66.3%Added
Wealthfront Advisers LLC23,328$2.28M0.01%+234+1.0%Added
Moran Wealth Management, LLC23,448$2.29M0.09%+23,448New
Shell Asset Management Co23,459$2.29M0.10%+2,256+10.6%Added
TCTC Holdings, LLC23,522$2.30M0.09%00.0%Unchanged
Zacks Investment Management23,635$2.31M0.03%−681−2.8%Reduced
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,956$2.34M0.03%00.0%Unchanged
British Columbia Investment Management Corp24,170$2.36M0.03%−3,535−12.8%Reduced
Baird Financial Group, Inc.24,208$2.37M0.01%−3,804−13.6%Reduced
NJ State Employees Deferred Compensation Plan24,350$2.38M0.39%00.0%Unchanged
Point72 Middle East FZE24,401$2.39M0.18%+24,401New
Northwestern Mutual Wealth Management Co24,495$2.40M0.00%+41+0.2%Added
Bank of Nova Scotia24,855$2.43M0.01%+543+2.2%Added
Seascape Capital Management24,861$2.43M1.33%+24,861New
L2 Asset Management, LLC24,982$2.44M1.58%−5,757−18.7%Reduced
Daiwa Securities Group Inc.25,235$2.47M0.02%+539+2.2%Added
La Banque Postale Asset Management SA25,314$2.48M0.07%+25,314New
Old Second National Bank of Aurora25,452$2.49M0.74%+78+0.3%Added
SYSTM Wealth Solutions LLC25,772$2.52M0.31%+25,772New
Creative Planning26,035$2.55M0.00%+578+2.3%Added
Chicago Partners Investment Group LLC21,808$2.57M0.16%−19−0.1%Reduced
Teachers Retirement System of the State of Kentucky26,522$2.60M0.03%00.0%Unchanged
Keeley-Teton Advisors, LLC26,526$2.60M0.32%−804−2.9%Reduced
Brinker Capital Investments, LLC27,109$2.65M0.05%−327−1.2%Reduced
Heritage Investors Management Corp27,152$2.66M0.12%−60−0.2%Reduced
Cyndeo Wealth Partners, LLC27,258$2.67M0.31%+27,258New
Cetera Advisor Networks LLC28,022$2.74M0.02%+7,441+36.2%Added
Condor Capital Management28,099$2.75M0.34%+580+2.1%Added
Cambridge Investment Research Advisors, Inc.28,378$2.78M0.01%−10,010−26.1%Reduced
Achmea Investment Management B.V.30,383$2.79M0.09%−85−0.3%Reduced
Twin Capital Management Inc28,669$2.81M0.36%+105+0.4%Added
M&T Bank Corp28,710$2.81M0.01%+5,551+24.0%Added
Foster & Motley Inc29,215$2.86M0.24%−1,456−4.7%Reduced
Callahan Advisors, LLC30,000$2.93M0.40%−225−0.7%Reduced
Prudential PLC30,359$2.97M0.04%+21,343+236.7%Added
SeaTown Holdings Pte. Ltd.31,000$3.03M0.45%−235,500−88.4%Reduced
Wellington Management Group LLP31,349$3.07M0.00%+3,608+13.0%Added
CIBC Private Wealth Group, LLC36,341$3.07M0.01%+409+1.1%Added
Czech National Bank31,981$3.13M0.08%+235+0.7%Added
Jefferies Financial Group Inc.32,000$3.13M0.05%+32,000New
B. Metzler seel. Sohn & Co. AG32,178$3.15M0.05%−3,807−10.6%Reduced
Nissay Asset Management Corp32,192$3.15M0.03%−918−2.8%Reduced
DuPont Capital Management Corp32,968$3.23M0.15%−3,521−9.6%Reduced
Janus Henderson Group PLC33,625$3.29M0.00%−1,502−4.3%Reduced
Kestra Advisory Services, LLC33,735$3.30M0.03%+8,763+35.1%Added
Xponance, Inc.33,778$3.30M0.05%+5,748+20.5%Added
Pinnacle Associates Ltd34,534$3.38M0.07%−1,893−5.2%Reduced
Guggenheim Capital LLC34,650$3.39M0.03%−12,107−25.9%Reduced
Quantbot Technologies LP34,856$3.41M0.24%+1,635+4.9%Added
Oppenheimer Asset Management Inc.35,551$3.48M0.06%−5,679−13.8%Reduced
Colony Group LLC35,839$3.51M0.05%+4,541+14.5%Added
Park Avenue Securities LLC35,904$3.51M0.06%−245−0.7%Reduced
Crestline Management, LP35,936$3.52M0.52%−4,064−10.2%Reduced
Robertson Stephens Wealth Management, LLC36,362$3.56M0.35%+224+0.6%Added
First Republic Investment Management, Inc.36,606$3.58M0.01%+856+2.4%Added
Janney Montgomery Scott LLC36,954$3.62M0.01%−767−2.0%Reduced
Public Employees Retirement Association of Colorado37,005$3.62M0.02%00.0%Unchanged