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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, Q1 2023

Institutional positions in Discover Financial Services as of Mar 31, 2023. 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
958
−5 vs. Q4 2022
Shares held
216.9M
−6.82M (−3.0%) vs. Q4 2022
Total value
$21.3B
−$631.0M (−2.9%) vs. Q4 2022
New holders
75
304 more added
Sold out
80
390 more reduced

17 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2023: 958 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 heldQ1 2023: $21.3B
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, Q1 2023

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q4 2022.

Institutions holding DFS in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc34,755,440$3.44B0.09%−1,097,057−3.1%Reduced
Capital World Investors21,267,062$2.10B0.43%+2,347,575+12.4%Added
BlackRock Inc.18,959,020$1.87B0.06%−1,327,743−6.5%Reduced
State Street Corp10,994,590$1.09B0.06%−712,871−6.1%Reduced
FMR LLC5,742,303$567.6M0.05%−1,232,902−17.7%Reduced
Geode Capital Management, LLC5,630,985$556.0M0.07%−31,249−0.6%Reduced
Boston Partners5,577,851$551.4M0.76%+1,452,811+35.2%Added
Morgan Stanley4,630,130$457.6M0.05%−297,212−6.0%Reduced
Norges Bank3,232,111$319.5M0.07%−250,179−7.2%Reduced
Northern Trust Corp2,948,615$291.4M0.06%−238,257−7.5%Reduced
Dimensional Fund Advisors LP2,945,482$291.1M0.10%+413,192+16.3%Added
Southpoint Capital Advisors LP2,500,000$247.1M5.60%+2,500,000New
Nuveen Asset Management, LLC2,496,502$246.8M0.09%−323,317−11.5%Reduced
Citadel Advisors LLC2,320,191$229.3M0.25%+1,240,012+114.8%Added
Arrowstreet Capital, Limited Partnership2,246,457$222.0M0.29%−503,457−18.3%Reduced
Ameriprise Financial Inc2,158,278$213.3M0.07%−362,930−14.4%Reduced
Bank of New York Mellon Corp2,155,328$213.0M0.05%−85,032−3.8%Reduced
Principal Financial Group Inc2,029,993$200.6M0.14%+123,935+6.5%Added
Legal & General Group Plc2,017,783$199.4M0.07%−7660.0%Reduced
Primecap Management Co2,017,139$199.4M0.17%−312,740−13.4%Reduced
Rockefeller Capital Management L.P.2,012,846$198.9M0.86%+379,821+23.3%Added
First Trust Advisors LP1,988,812$196.6M0.23%+20,326+1.0%Added
LSV Asset Management1,975,759$195.3M0.44%−145,100−6.8%Reduced
Goldman Sachs Group Inc1,900,763$187.9M0.05%−370,238−16.3%Reduced
Barclays PLC1,859,174$183.8M0.19%−427,448−18.7%Reduced
Invesco Ltd.1,830,332$180.9M0.05%+232,470+14.5%Added
JPMorgan Chase & Co1,753,239$173.3M0.02%−33,064−1.9%Reduced
Capital International Investors1,702,305$168.3M0.04%+1,041+0.1%Added
Charles Schwab Investment Management Inc1,662,046$164.3M0.05%−8,647−0.5%Reduced
UBS Group AG1,495,449$147.8M0.07%−221,799−12.9%Reduced
Eminence Capital, LP1,351,107$133.5M2.25%+312,138+30.0%Added
Deutsche Bank AG1,343,258$132.8M0.07%−477,135−26.2%Reduced
Turtle Creek Asset Management Inc.1,230,805$121.7M3.77%+232,700+23.3%Added
Bank of America Corp1,199,657$118.6M0.01%−416,969−25.8%Reduced
UBS Asset Management Americas Inc1,177,408$116.4M0.06%−19,498−1.6%Reduced
Truist Financial Corp1,164,013$115.1M0.20%−57,536−4.7%Reduced
Nordea Investment Management AB1,137,680$112.0M0.16%−14,095−1.2%Reduced
Allspring Global Investments Holdings, LLC1,122,221$110.9M0.18%−673,786−37.5%Reduced
Balyasny Asset Management LLC1,067,952$105.6M0.35%+1,067,952New
D. E. Shaw & Co., Inc.1,050,776$103.9M0.17%+202,945+23.9%Added
Envestnet Asset Management Inc2,570,716$98.4M0.05%+1,611,947+168.1%Added
Allianz Asset Management GmbH979,542$96.8M0.20%+82,876+9.2%Added
Cooke & Bieler LP965,320$95.4M0.93%+965,320New
Price T Rowe Associates Inc952,531$94.1M0.01%+360,365+60.9%Added
Massachusetts Financial Services Co837,364$82.8M0.03%+7,278+0.9%Added
Sumitomo Mitsui Trust Holdings, Inc.780,242$77.1M0.06%−58,330−7.0%Reduced
Millennium Management LLC668,039$66.0M0.08%−1,560,224−70.0%Reduced
140 Summer Partners LP659,839$65.2M11.69%+659,839New
Amundi649,876$63.3M0.03%+66,497+11.4%Added
APG Asset Management N.V.691,746$62.9M0.13%−133,386−16.2%Reduced
California Public Employees Retirement System553,456$54.7M0.05%−94,861−14.6%Reduced
Rhumbline Advisers548,088$54.2M0.07%−6,843−1.2%Reduced
Schroder Investment Management Group538,652$53.2M0.08%−101,367−15.8%Reduced
Robeco Institutional Asset Management B.V.510,652$50.5M0.14%−325,331−38.9%Reduced
Thrivent Financial for Lutherans492,142$48.6M0.12%+831+0.2%Added
Macquarie Group Ltd490,022$48.4M0.06%−4,631,334−90.4%Reduced
Manufacturers Life Insurance Company, The483,830$47.8M0.03%−11,564−2.3%Reduced
Credit Suisse AG477,628$47.2M0.05%+25,174+5.6%Added
Victory Capital Management Inc476,549$47.1M0.05%+87,855+22.6%Added
HSBC Holdings PLC458,669$45.3M0.06%−28,952−5.9%Reduced
California State Teachers Retirement System443,977$43.9M0.07%−6,753−1.5%Reduced
Scout Investments, Inc.442,604$43.7M0.89%+442,604New
Avalon Investment & Advisory434,066$42.9M1.17%−13,535−3.0%Reduced
Royal Bank of Canada433,721$42.9M0.01%−183,544−29.7%Reduced
Mitsubishi UFJ Trust & Banking Corp419,661$41.5M0.10%−5,891−1.4%Reduced
Korea Investment CORP411,597$40.7M0.12%+125,574+43.9%Added
Bank of Montreal406,907$40.3M0.03%−36,953−8.3%Reduced
National Pension Service409,143$40.1M0.07%−247,747−37.7%Reduced
Alyeska Investment Group, L.P.400,646$39.6M0.35%−165,651−29.3%Reduced
Wells Fargo & Company398,045$39.3M0.01%−122,910−23.6%Reduced
O'Shaughnessy Asset Management, LLC387,397$38.3M0.60%+91,092+30.7%Added
Bruni J V & Co386,663$38.2M5.30%−932−0.2%Reduced
Brandywine Global Investment Management, LLC386,452$38.2M0.31%+5,959+1.6%Added
Adage Capital Partners GP, L.L.C.380,208$37.6M0.08%−13,600−3.5%Reduced
AQR Capital Management LLC379,009$37.3M0.08%−75,284−16.6%Reduced
M&G Investment Management Ltd372,102$36.8M0.26%+1,545+0.4%Added
Waters Parkerson & Co., LLC351,219$34.7M2.05%+407+0.1%Added
New York State Teachers Retirement System350,326$34.6M0.08%−5,897−1.7%Reduced
Rathbone Brothers plc348,531$34.4M0.35%−28,348−7.5%Reduced
State Board of Administration of Florida Retirement System346,901$34.3M0.08%−4,380−1.2%Reduced
Ensign Peak Advisors, Inc344,227$34.0M0.07%−331,766−49.1%Reduced
Alliancebernstein L.P.343,540$34.0M0.01%−7,292−2.1%Reduced
CI Private Wealth, LLC341,802$33.8M0.09%−55,586−14.0%Reduced
Smith Chas P & Associates Pa Cpas341,040$33.7M2.29%+1,152+0.3%Added
Employees Retirement System of Texas333,000$32.9M0.48%+150,000+82.0%Added
Aviva PLC325,603$32.2M0.15%+84,040+34.8%Added
Canada Pension Plan Investment Board318,000$31.4M0.05%+2,100+0.7%Added
STRS Ohio317,000$31.3M0.14%+62,000+24.3%Added
Schonfeld Strategic Advisors LLC311,258$30.8M0.30%+295,891+1,925.5%Added
Wedge Capital Management L L P310,557$30.7M0.52%+9,436+3.1%Added
Cerity Partners LLC278,427$30.2M0.14%−24,907−8.2%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC296,016$29.3M0.15%−53,700−15.4%Reduced
Prudential Financial Inc289,152$28.3M0.04%+993+0.3%Added
Great West Life Assurance Co279,067$27.6M0.07%+10,056+3.7%Added
Raymond James & Associates277,669$27.4M0.02%−30,704−10.0%Reduced
New York State Common Retirement Fund273,018$27.0M0.04%−21,164−7.2%Reduced
Associated Banc-Corp270,855$26.8M1.08%+181+0.1%Added
Citigroup Inc266,400$26.3M0.04%+9,302+3.6%Added
Pinebridge Investments, L.P.249,849$24.7M0.28%−9,430−3.6%Reduced
Deroy & Devereaux Private Investment Counsel Inc245,955$24.3M1.85%−2,673−1.1%Reduced