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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
STRS Ohio255,000$24.9M0.11%+209,000+454.3%Added
Deroy & Devereaux Private Investment Counsel Inc248,628$24.3M1.87%+146+0.1%Added
Burney Co244,720$23.9M1.21%−47,792−16.3%Reduced
The PNC Financial Services Group, Inc.244,332$23.9M0.02%−2,915−1.2%Reduced
Aviva PLC241,563$23.6M0.12%+125,134+107.5%Added
Calamos Advisors LLC239,221$23.4M0.11%−33,939−12.4%Reduced
Putnam Investments LLC238,274$23.3M0.04%+12,264+5.4%Added
Gateway Investment Advisers LLC236,378$23.1M0.29%+807+0.3%Added
Voloridge Investment Management, LLC236,053$23.1M0.13%−143,877−37.9%Reduced
Natixis221,880$21.7M0.13%+205,058+1,219.0%Added
Teacher Retirement System of Texas212,033$20.7M0.15%+87,380+70.1%Added
Twinbeech Capital LP211,828$20.7M0.39%+211,828New
SEI Investments Co208,035$20.4M0.05%−42,566−17.0%Reduced
Pictet Asset Management SA205,712$20.1M0.03%+43,488+26.8%Added
Stifel Financial Corp201,834$19.7M0.03%−1,255−0.6%Reduced
Seizert Capital Partners, LLC201,834$19.7M1.05%−8,585−4.1%Reduced
Russell Investments Group, Ltd.197,082$19.3M0.04%+33,377+20.4%Added
Vontobel Holding Ltd.199,221$19.0M0.19%+69,045+53.0%Added
KBC Group NV193,300$18.9M0.09%−19,427−9.1%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.193,910$18.8M0.05%+20,373+11.7%Added
Keybank National Association191,093$18.7M0.09%−2,450−1.3%Reduced
Raymond James Financial Services Advisors, Inc.184,768$18.1M0.04%+867+0.5%Added
Advisor Group Holdings, Inc.183,608$18.0M0.04%−7,393−3.9%Reduced
Employees Retirement System of Texas183,000$17.9M0.26%00.0%Unchanged
AustralianSuper Pty Ltd178,505$17.3M0.13%−1,149−0.6%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.174,961$17.1M0.06%+94,897+118.5%Added
MML Investors Services, LLC169,733$16.6M0.11%+12,067+7.7%Added
ETF Managers Group, LLC166,830$16.3M0.76%−13,388−7.4%Reduced
Suvretta Capital Management, LLC166,809$16.3M0.69%+166,809New
State of Wisconsin Investment Board161,929$15.8M0.05%−10,651−6.2%Reduced
Ancora Advisors, LLC160,620$15.7M0.46%−1,392−0.9%Reduced
State of New Jersey Common Pension Fund D159,642$15.6M0.06%−4,711−2.9%Reduced
Chevy Chase Trust Holdings, Inc.157,235$15.4M0.07%−10,243−6.1%Reduced
Weiss Multi-Strategy Advisers LLC156,141$15.3M0.44%+5,159+3.4%Added
Storebrand Asset Management AS155,856$15.2M0.08%+4,921+3.3%Added
Nisa Investment Advisors, LLC153,886$15.1M0.12%+16,591+12.1%Added
AXA S.A.151,551$14.8M0.05%−215,096−58.7%Reduced
Worldquant Millennium Advisors LLC151,042$14.8M0.34%+72,960+93.4%Added
Azora Capital LP150,010$14.7M2.50%+150,010New
Acadian Asset Management LLC148,365$14.5M0.07%+136,307+1,130.4%Added
Rheos Capital Works Inc.144,800$14.2M0.85%00.0%Unchanged
Toronto Dominion Bank144,343$14.1M0.02%+25,277+21.2%Added
Public Employees Retirement System of Ohio143,936$14.1M0.06%+2,873+2.0%Added
LPL Financial LLC138,117$13.5M0.01%+2,101+1.5%Added
TD Asset Management Inc137,116$13.4M0.02%−6,344−4.4%Reduced
Two Sigma Investments, LP136,777$13.4M0.04%+25,853+23.3%Added
Natixis Advisors, L.P.136,181$13.3M0.05%+8,482+6.6%Added
Mn Services Vermogensbeheer B.V.136,000$13.3M0.15%−21,100−13.4%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)134,230$13.1M0.07%−65,901−32.9%Reduced
State of Tennessee, Treasury Department133,481$13.1M0.06%−5,488−3.9%Reduced
Intech Investment Management LLC133,059$13.0M0.10%−90,981−40.6%Reduced
Treasurer of the State of North Carolina132,431$13.0M0.08%+9,342+7.6%Added
Swiss Life Asset Management Ltd132,108$12.9M0.22%−5,261−3.8%Reduced
American Century Companies Inc131,627$12.9M0.01%+30,058+29.6%Added
Carlson Capital L P121,436$11.9M0.91%+121,436New
Los Angeles Capital Management LLC119,994$11.7M0.06%+19,980+20.0%Added
Quinn Opportunity Partners LLC119,654$11.7M1.47%−8,000−6.3%Reduced
Fifth Third Bancorp118,458$11.6M0.06%−7,281−5.8%Reduced
Susquehanna International Group, LLP117,811$11.5M0.02%+56,655+92.6%Added
Forsta Ap-Fonden114,000$11.2M0.13%+41,100+56.4%Added
Asset Management One Co.,Ltd.111,400$10.9M0.05%−17,364−13.5%Reduced
Skandinaviska Enskilda Banken AB (publ)110,429$10.8M0.08%−56,028−33.7%Reduced
Chiron Investment Management, LLC109,661$10.7M2.52%+109,661New
Brookfield Asset Management Inc.107,803$10.5M0.04%−43,602−28.8%Reduced
Cinctive Capital Management LP107,219$10.5M0.54%+107,219New
Illinois Municipal Retirement Fund106,083$10.4M0.23%+2,047+2.0%Added
Rafferty Asset Management, LLC105,795$10.3M0.09%+11,355+12.0%Added
Voya Investment Management LLC105,061$10.3M0.01%+2,833+2.8%Added
First National Trust Co103,910$10.2M0.54%+78+0.1%Added
LS Investment Advisors, LLC101,842$9.96M1.94%−6,115−5.7%Reduced
Royal London Asset Management Ltd101,362$9.91M0.04%−1,266−1.2%Reduced
Hudson Bay Capital Management LP100,000$9.78M0.11%−5,000−4.8%Reduced
Standard Life Aberdeen plc99,020$9.69M0.03%+12,112+13.9%Added
AMF Pensionsforsakring AB97,884$9.58M0.11%00.0%Unchanged
Busey Wealth Management97,556$9.54M0.43%−1,109−1.1%Reduced
Swedbank AB97,409$9.53M0.02%−2,122−2.1%Reduced
BNP Paribas Arbitrage, SA96,277$9.42M0.02%+16,317+20.4%Added
DekaBank Deutsche Girozentrale97,473$9.41M0.02%+3,035+3.2%Added
CSM Advisors, LLC90,681$8.87M0.85%+2,250+2.5%Added
CIBC World Markets Corp90,443$8.85M0.06%+45,331+100.5%Added
Jupiter Asset Management Ltd90,070$8.81M0.13%−115,986−56.3%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.89,792$8.78M0.13%+6,290+7.5%Added
Alberta Investment Management Corp88,200$8.63M0.08%−11,293−11.4%Reduced
Retirement Systems of Alabama87,531$8.56M0.04%−3,202−3.5%Reduced
State of Alaska, Department of Revenue83,113$8.13M0.10%+2,951+3.7%Added
Vision Capital Management, Inc.81,592$7.98M1.53%+339+0.4%Added
Caisse de Depot Et Placement du Quebec81,500$7.97M0.02%+81,500New
United Services Automobile Association81,417$7.96M0.18%00.0%Unchanged
Soros Fund Management LLCSuperinvestorSoros Fund Management80,000$7.83M0.13%+80,000New
Arizona State Retirement System77,324$7.56M0.07%+180+0.2%Added
Copeland Capital Management, LLC76,509$7.49M0.20%−6,922−8.3%Reduced
Handelsbanken Fonder AB76,075$7.44M0.05%−2,896−3.7%Reduced
Assenagon Asset Management S.A.75,230$7.36M0.03%−10,545−12.3%Reduced
Azimuth Capital Investment Management LLC75,190$7.36M0.37%+155+0.2%Added
State of Michigan Retirement System74,301$7.27M0.05%+400+0.5%Added
Alley Investment Management Company, LLC74,283$7.27M1.25%+26,639+55.9%Added
American International Group, Inc.74,246$7.26M0.05%−3,106−4.0%Reduced
Franklin Resources Inc73,768$7.22M0.00%+4,548+6.6%Added
HighTower Advisors, LLC72,981$7.14M0.02%−1,759−2.4%Reduced
Walleye Trading LLC72,161$7.06M0.18%+16,198+28.9%Added