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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
Empirical Finance, LLC8,062$796.8K0.07%+276+3.5%Added
Vista Investment Management8,068$797.5K0.42%+440+5.8%Added
Tiaa, FSB8,116$802.2K0.00%−416−4.9%Reduced
Duality Advisers, LP8,147$805.2K0.09%+8,147New
Covenant Partners, LLC8,180$808.5K0.31%−451−5.2%Reduced
Northwestern Mutual Investment Management Company, LLC8,393$829.6K0.02%−170−2.0%Reduced
Intrust Bank NA8,445$834.7K0.11%−85−1.0%Reduced
United Capital Financial Advisers, LLC8,542$844.3K0.00%+30+0.4%Added
Lincoln National Corp8,545$844.6K0.02%+644+8.2%Added
Vinva Investment Management Ltd8,700$853.6K0.07%+8,700New
Atria Wealth Solutions, Inc.8,707$860.5K0.01%−3,928−31.1%Reduced
Peapack Gladstone Financial Corp8,742$865.0K0.02%−863−9.0%Reduced
Verition Fund Management LLC8,818$871.6K0.01%+1,566+21.6%Added
Old National Bancorp8,840$873.7K0.03%+2,279+34.7%Added
CWM, LLC8,847$874.0K0.01%+339+4.0%Added
Advisory Services Network, LLC8,889$878.6K0.02%−991−10.0%Reduced
Raymond James Trust N.A.9,023$892.0K0.03%−128−1.4%Reduced
River Street Advisors LLC9,408$929.9K0.91%+110+1.2%Added
Burns J W & Co Inc9,421$931.0K0.16%00.0%Unchanged
Steward Partners Investment Advisory, LLC9,467$935.7K0.01%−249−2.6%Reduced
Ziegler Capital Management, LLC9,465$938.8K0.04%00.0%Unchanged
Kentucky Retirement Systems Insurance Trust Fund9,501$939.0K0.08%−289−3.0%Reduced
Cohen Klingenstein LLC9,600$948.9K0.04%00.0%Unchanged
Boston Private Wealth LLC9,606$949.5K0.01%+67+0.7%Added
Summit Financial, LLC9,689$957.6K0.08%+186+2.0%Added
Horizon Investments, LLC9,798$968.4K0.03%−216−2.2%Reduced
Alberta Investment Management Corp9,900$978.5K0.01%−78,300−88.8%Reduced
IFG Advisors, LLC9,929$981.4K0.39%00.0%Unchanged
Cresset Asset Management, LLC9,954$983.9K0.02%+283+2.9%Added
Kendall Capital Management9,975$986.0K0.47%+1,440+16.9%Added
Crestline Management, LP10,000$988.4K0.12%−25,936−72.2%Reduced
Brown Advisory Inc10,048$993.1K0.00%−601−5.6%Reduced
Cinctive Capital Management LP10,297$1.02M0.04%−96,922−90.4%Reduced
Brinker Capital Investments, LLC10,571$1.04M0.01%−16,538−61.0%Reduced
Orion Portfolio Solutions, LLC10,571$1.04M0.01%+5,693+116.7%Added
Rowland & Co Investment Counsel10,673$1.05M0.26%+570+5.6%Added
Galvin, Gaustad & Stein, LLC10,678$1.06M0.10%−3,291−23.6%Reduced
Bailard, Inc.10,722$1.06M0.04%−150−1.4%Reduced
E. Ohman J:or Asset Management AB10,900$1.08M0.04%−1,000−8.4%Reduced
Metis Global Partners, LLC10,970$1.08M0.07%+2,418+28.3%Added
Y-Intercept (Hong Kong) Ltd11,006$1.09M0.13%+7,914+256.0%Added
Umb Bank N A11,202$1.11M0.02%−338−2.9%Reduced
Sumitomo Life Insurance Co11,499$1.14M0.10%−118−1.0%Reduced
Trust Investment Advisors11,677$1.15M1.03%−242−2.0%Reduced
Kestra Private Wealth Services, LLC11,766$1.16M0.05%+336+2.9%Added
Clear Harbor Asset Management, LLC11,811$1.17M0.12%−863−6.8%Reduced
DF Dent & Co Inc11,871$1.17M0.02%−214−1.8%Reduced
Metropolitan Life Insurance Co11,941$1.18M0.06%−3,488−22.6%Reduced
Private Advisor Group, LLC11,976$1.18M0.01%−3,403−22.1%Reduced
Eagle Bluffs Wealth Management LLC11,985$1.18M0.97%+2,248+23.1%Added
Federation des caisses Desjardins du Quebec12,389$1.22M0.01%−1,730−12.3%Reduced
Sawtooth Solutions, LLC12,490$1.23M0.03%+5,936+90.6%Added
New Mexico Educational Retirement Board12,611$1.25M0.06%−400−3.1%Reduced
Midwest Professional Planners, LTD.12,838$1.27M0.62%+378+3.0%Added
Tower Research Capital LLC (TRC)13,228$1.31M0.04%+7,987+152.4%Added
DuPont Capital Management Corp13,237$1.31M0.06%−19,731−59.8%Reduced
Livforsakringsbolaget Skandia, Omsesidigt13,249$1.31M0.14%00.0%Unchanged
Paradigm Asset Management Co LLC13,459$1.33M0.37%−50−0.4%Reduced
Pearl River Capital, LLC13,580$1.34M0.21%−26,126−65.8%Reduced
Norinchukin Bank, The13,605$1.34M0.03%+214+1.6%Added
Moody Aldrich Partners LLC13,923$1.38M0.28%00.0%Unchanged
IFG Advisory, LLC14,043$1.39M0.13%−105−0.7%Reduced
AE Wealth Management LLC14,050$1.39M0.01%−9,218−39.6%Reduced
Vident Investment Advisory, LLC14,113$1.39M0.05%+1,790+14.5%Added
Forefront Wealth Management Inc.14,312$1.41M1.85%+29+0.2%Added
Affinity Investment Advisors, LLC14,428$1.43M0.76%−4,026−21.8%Reduced
Veritable, L.P.14,515$1.43M0.02%+1,551+12.0%Added
Assenagon Asset Management S.A.14,587$1.44M0.01%−60,643−80.6%Reduced
CBOE Vest Financial, LLC14,628$1.45M0.20%+10,712+273.5%Added
Maven Securities LTD14,706$1.45M0.23%+14,706New
Veriti Management LLC14,744$1.46M0.17%+350+2.4%Added
Mork Capital Management, LLC15,000$1.48M1.21%00.0%Unchanged
Bokf, NA15,246$1.51M0.03%+354+2.4%Added
Parallax Volatility Advisers, L.P.15,274$1.51M0.05%−29,317−65.7%Reduced
Commerce Bank15,387$1.52M0.01%+95+0.6%Added
Integrated Advisors Network LLC15,589$1.54M0.09%+3,733+31.5%Added
GWM Advisors LLC15,607$1.54M0.02%−432−2.7%Reduced
Ossiam16,126$1.59M0.03%+12,085+299.1%Added
Community Capital Management, Inc.16,300$1.61M2.12%00.0%Unchanged
RBF Capital, LLC16,500$1.63M0.12%00.0%Unchanged
Round Hill Asset Management16,516$1.63M1.02%+2,246+15.7%Added
Stock Yards Bank & Trust Co16,756$1.66M0.06%−1,328−7.3%Reduced
Griffin Asset Management, Inc.16,841$1.66M0.23%+175+1.1%Added
Malaga Cove Capital, LLC16,932$1.67M0.83%−101−0.6%Reduced
ExodusPoint Capital Management, LP17,130$1.69M0.02%+12,944+309.2%Added
Camelot Portfolios, LLC17,273$1.71M1.19%−232−1.3%Reduced
Cyndeo Wealth Partners, LLC17,320$1.71M0.18%−9,938−36.5%Reduced
Winton Group Ltd17,357$1.72M0.10%+2,774+19.0%Added
Louisiana State Employees Retirement System17,400$1.72M0.04%−300−1.7%Reduced
L2 Asset Management, LLC17,775$1.76M1.05%−7,207−28.8%Reduced
Industrial Alliance Investment Management Inc.18,148$1.79M0.05%+18,148New
Great Diamond Partners, LLC18,452$1.82M0.53%−1,178−6.0%Reduced
Ferguson Wellman Capital Management, Inc18,606$1.84M0.05%+10.0%Added
Kestra Advisory Services, LLC18,624$1.84M0.02%−15,111−44.8%Reduced
Integrated Wealth Concepts LLC18,723$1.85M0.04%+18,723New
Bell & Brown Wealth Advisors, LLC19,139$1.89M1.01%−245−1.3%Reduced
Atria Investments LLC19,151$1.89M0.04%+2,544+15.3%Added
Trexquant Investment LP19,272$1.90M0.05%+19,272New
Interval Partners, LP19,323$1.91M0.11%−38,406−66.5%Reduced
Cornercap Investment Counsel Inc19,585$1.94M0.34%+241+1.2%Added