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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
DekaBank Deutsche Girozentrale97,473$9.41M0.02%+3,035+3.2%Added
BNP Paribas Arbitrage, SA96,277$9.42M0.02%+16,317+20.4%Added
Swedbank AB97,409$9.53M0.02%−2,122−2.1%Reduced
Busey Wealth Management97,556$9.54M0.43%−1,109−1.1%Reduced
AMF Pensionsforsakring AB97,884$9.58M0.11%00.0%Unchanged
Standard Life Aberdeen plc99,020$9.69M0.03%+12,112+13.9%Added
Hudson Bay Capital Management LP100,000$9.78M0.11%−5,000−4.8%Reduced
Royal London Asset Management Ltd101,362$9.91M0.04%−1,266−1.2%Reduced
LS Investment Advisors, LLC101,842$9.96M1.94%−6,115−5.7%Reduced
First National Trust Co103,910$10.2M0.54%+78+0.1%Added
Voya Investment Management LLC105,061$10.3M0.01%+2,833+2.8%Added
Rafferty Asset Management, LLC105,795$10.3M0.09%+11,355+12.0%Added
Illinois Municipal Retirement Fund106,083$10.4M0.23%+2,047+2.0%Added
Cinctive Capital Management LP107,219$10.5M0.54%+107,219New
Brookfield Asset Management Inc.107,803$10.5M0.04%−43,602−28.8%Reduced
Chiron Investment Management, LLC109,661$10.7M2.52%+109,661New
Skandinaviska Enskilda Banken AB (publ)110,429$10.8M0.08%−56,028−33.7%Reduced
Asset Management One Co.,Ltd.111,400$10.9M0.05%−17,364−13.5%Reduced
Forsta Ap-Fonden114,000$11.2M0.13%+41,100+56.4%Added
Susquehanna International Group, LLP117,811$11.5M0.02%+56,655+92.6%Added
Fifth Third Bancorp118,458$11.6M0.06%−7,281−5.8%Reduced
Quinn Opportunity Partners LLC119,654$11.7M1.47%−8,000−6.3%Reduced
Los Angeles Capital Management LLC119,994$11.7M0.06%+19,980+20.0%Added
Carlson Capital L P121,436$11.9M0.91%+121,436New
American Century Companies Inc131,627$12.9M0.01%+30,058+29.6%Added
Swiss Life Asset Management Ltd132,108$12.9M0.22%−5,261−3.8%Reduced
Treasurer of the State of North Carolina132,431$13.0M0.08%+9,342+7.6%Added
Intech Investment Management LLC133,059$13.0M0.10%−90,981−40.6%Reduced
State of Tennessee, Treasury Department133,481$13.1M0.06%−5,488−3.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)134,230$13.1M0.07%−65,901−32.9%Reduced
Mn Services Vermogensbeheer B.V.136,000$13.3M0.15%−21,100−13.4%Reduced
Natixis Advisors, L.P.136,181$13.3M0.05%+8,482+6.6%Added
Two Sigma Investments, LP136,777$13.4M0.04%+25,853+23.3%Added
TD Asset Management Inc137,116$13.4M0.02%−6,344−4.4%Reduced
LPL Financial LLC138,117$13.5M0.01%+2,101+1.5%Added
Public Employees Retirement System of Ohio143,936$14.1M0.06%+2,873+2.0%Added
Toronto Dominion Bank144,343$14.1M0.02%+25,277+21.2%Added
Rheos Capital Works Inc.144,800$14.2M0.85%00.0%Unchanged
Acadian Asset Management LLC148,365$14.5M0.07%+136,307+1,130.4%Added
Azora Capital LP150,010$14.7M2.50%+150,010New
Worldquant Millennium Advisors LLC151,042$14.8M0.34%+72,960+93.4%Added
AXA S.A.151,551$14.8M0.05%−215,096−58.7%Reduced
Nisa Investment Advisors, LLC153,886$15.1M0.12%+16,591+12.1%Added
Storebrand Asset Management AS155,856$15.2M0.08%+4,921+3.3%Added
Weiss Multi-Strategy Advisers LLC156,141$15.3M0.44%+5,159+3.4%Added
Chevy Chase Trust Holdings, Inc.157,235$15.4M0.07%−10,243−6.1%Reduced
State of New Jersey Common Pension Fund D159,642$15.6M0.06%−4,711−2.9%Reduced
Ancora Advisors, LLC160,620$15.7M0.46%−1,392−0.9%Reduced
State of Wisconsin Investment Board161,929$15.8M0.05%−10,651−6.2%Reduced
Suvretta Capital Management, LLC166,809$16.3M0.69%+166,809New
ETF Managers Group, LLC166,830$16.3M0.76%−13,388−7.4%Reduced
MML Investors Services, LLC169,733$16.6M0.11%+12,067+7.7%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.174,961$17.1M0.06%+94,897+118.5%Added
AustralianSuper Pty Ltd178,505$17.3M0.13%−1,149−0.6%Reduced
Employees Retirement System of Texas183,000$17.9M0.26%00.0%Unchanged
Advisor Group Holdings, Inc.183,608$18.0M0.04%−7,393−3.9%Reduced
Raymond James Financial Services Advisors, Inc.184,768$18.1M0.04%+867+0.5%Added
Keybank National Association191,093$18.7M0.09%−2,450−1.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.193,910$18.8M0.05%+20,373+11.7%Added
KBC Group NV193,300$18.9M0.09%−19,427−9.1%Reduced
Vontobel Holding Ltd.199,221$19.0M0.19%+69,045+53.0%Added
Russell Investments Group, Ltd.197,082$19.3M0.04%+33,377+20.4%Added
Seizert Capital Partners, LLC201,834$19.7M1.05%−8,585−4.1%Reduced
Stifel Financial Corp201,834$19.7M0.03%−1,255−0.6%Reduced
Pictet Asset Management SA205,712$20.1M0.03%+43,488+26.8%Added
SEI Investments Co208,035$20.4M0.05%−42,566−17.0%Reduced
Twinbeech Capital LP211,828$20.7M0.39%+211,828New
Teacher Retirement System of Texas212,033$20.7M0.15%+87,380+70.1%Added
Natixis221,880$21.7M0.13%+205,058+1,219.0%Added
Voloridge Investment Management, LLC236,053$23.1M0.13%−143,877−37.9%Reduced
Gateway Investment Advisers LLC236,378$23.1M0.29%+807+0.3%Added
Putnam Investments LLC238,274$23.3M0.04%+12,264+5.4%Added
Calamos Advisors LLC239,221$23.4M0.11%−33,939−12.4%Reduced
Aviva PLC241,563$23.6M0.12%+125,134+107.5%Added
The PNC Financial Services Group, Inc.244,332$23.9M0.02%−2,915−1.2%Reduced
Burney Co244,720$23.9M1.21%−47,792−16.3%Reduced
Deroy & Devereaux Private Investment Counsel Inc248,628$24.3M1.87%+146+0.1%Added
STRS Ohio255,000$24.9M0.11%+209,000+454.3%Added
Candriam Luxembourg S.C.A.255,971$25.0M0.17%+13,547+5.6%Added
Gillson Capital LP256,644$25.1M1.90%−14,541−5.4%Reduced
Citigroup Inc257,098$25.2M0.04%−13,580−5.0%Reduced
Pinebridge Investments, L.P.259,279$25.4M0.31%+9,283+3.7%Added
Great West Life Assurance Co269,011$26.4M0.07%−18,519−6.4%Reduced
Associated Banc-Corp270,674$26.5M1.10%+3,599+1.3%Added
Korea Investment CORP286,023$28.0M0.09%+116,206+68.4%Added
Prudential Financial Inc288,159$28.2M0.05%+22,911+8.6%Added
New York State Common Retirement Fund294,182$28.8M0.04%−160,834−35.3%Reduced
O'Shaughnessy Asset Management, LLC296,305$29.0M0.47%+15,883+5.7%Added
Wedge Capital Management L L P301,121$29.5M0.47%+18,235+6.4%Added
Cerity Partners LLC303,334$29.7M0.19%+10,364+3.5%Added
Raymond James & Associates308,373$30.2M0.03%−15,000−4.6%Reduced
National Bank of Canada315,207$30.8M0.08%+161,127+104.6%Added
Moore Capital Management, LP315,365$30.9M0.87%+315,365New
Canada Pension Plan Investment Board315,900$30.9M0.05%+222,500+238.2%Added
Smith Chas P & Associates Pa Cpas339,888$33.3M2.36%+1,332+0.4%Added
Grantham, Mayo, Van Otterloo & Co. LLC349,716$34.2M0.18%+45,036+14.8%Added
Waters Parkerson & Co., LLC350,812$34.3M2.06%−721−0.2%Reduced
Alliancebernstein L.P.350,832$34.3M0.02%−76,058−17.8%Reduced
State Board of Administration of Florida Retirement System351,281$34.4M0.08%−720−0.2%Reduced
Cubist Systematic Strategies, LLC355,547$34.8M0.30%+244,067+218.9%Added