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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
Dana Investment Advisors, Inc.19,831$1.96M0.10%+3,532+21.7%Added
Two Sigma Securities, LLC19,984$1.98M0.16%+19,984New
Worldquant Millennium Advisors LLC20,090$1.99M0.04%−130,952−86.7%Reduced
Bank of Nova Scotia20,165$1.99M0.01%−4,690−18.9%Reduced
Appleton Partners Inc20,248$2.00M0.18%+20,248New
Investment Management Corp of Ontario20,289$2.01M0.08%−371−1.8%Reduced
Connors Investor Services Inc20,319$2.01M0.24%00.0%Unchanged
Achmea Investment Management B.V.20,454$2.02M0.06%−9,929−32.7%Reduced
Oregon Public Employees Retirement Fund20,880$2.06M0.03%−189−0.9%Reduced
Bryn Mawr Trust Co21,081$2.08M0.09%00.0%Unchanged
Kentucky Retirement Systems21,111$2.09M0.08%−366−1.7%Reduced
Maryland State Retirement & Pension System21,162$2.09M0.05%00.0%Unchanged
JustInvest LLC21,184$2.09M0.07%+3,238+18.0%Added
Captrust Financial Advisors21,309$2.11M0.01%−1,279−5.7%Reduced
Cetera Investment Advisers21,330$2.11M0.02%−1,178−5.2%Reduced
Daiwa Securities Group Inc.21,535$2.13M0.01%−3,700−14.7%Reduced
Barnett & Company, Inc.21,560$2.13M1.62%−15−0.1%Reduced
Pathstone Family Office, LLC21,625$2.13M0.03%−7,696−26.2%Reduced
Advisor Partners II, LLC21,593$2.13M0.12%+418+2.0%Added
Wealthfront Advisers LLC21,670$2.14M0.01%−1,658−7.1%Reduced
Voloridge Investment Management, LLC21,680$2.14M0.01%−214,373−90.8%Reduced
Centiva Capital, LP21,749$2.15M0.12%+12,892+145.6%Added
Elo Mutual Pension Insurance Co21,817$2.16M0.07%+670+3.2%Added
Los Angeles Capital Management LLC22,193$2.19M0.01%−97,801−81.5%Reduced
Cypress Financial Planning LLC22,225$2.20M1.34%00.0%Unchanged
Sumitomo Mitsui DS Asset Management Company, Ltd22,236$2.20M0.04%+144+0.7%Added
Hartford Investment Management Co22,363$2.21M0.08%+1,433+6.8%Added
Securian Asset Management, Inc22,375$2.21M0.06%−366−1.6%Reduced
Mercer Global Advisors Inc22,420$2.22M0.01%−452−2.0%Reduced
Engineers Gate Manager LP22,464$2.22M0.09%−14,877−39.8%Reduced
Wesbanco Bank Inc22,553$2.23M0.10%−18−0.1%Reduced
Penserra Capital Management LLC22,855$2.26M0.05%+21,404+1,475.1%Added
Marshall Wace, LLP23,004$2.27M0.01%+23,004New
La Banque Postale Asset Management SA23,161$2.29M0.06%−2,153−8.5%Reduced
TD Private Client Wealth LLC23,247$2.30M0.10%+5,139+28.4%Added
Shell Asset Management Co23,398$2.31M0.10%−61−0.3%Reduced
Valicenti Advisory Services Inc23,416$2.31M0.77%−32,938−58.4%Reduced
TCTC Holdings, LLC23,522$2.32M0.09%00.0%Unchanged
Chicago Partners Investment Group LLC22,269$2.33M0.14%+461+2.1%Added
Baird Financial Group, Inc.23,920$2.36M0.01%−288−1.2%Reduced
IMC-Chicago, LLC23,924$2.36M0.40%+23,924New
Loring Wolcott & Coolidge Fiduciary Advisors LLP23,956$2.37M0.03%00.0%Unchanged
Old Second National Bank of Aurora24,034$2.38M0.69%−1,418−5.6%Reduced
Zacks Investment Management24,100$2.38M0.03%+465+2.0%Added
Glenview Trust Co24,171$2.39M0.07%+4,257+21.4%Added
British Columbia Investment Management Corp24,328$2.40M0.03%+158+0.7%Added
NJ State Employees Deferred Compensation Plan24,350$2.41M0.37%00.0%Unchanged
Colony Group LLC24,520$2.42M0.04%−11,319−31.6%Reduced
Quantbot Technologies LP24,760$2.45M0.17%−10,096−29.0%Reduced
LS Investment Advisors, LLC24,834$2.45M0.46%−77,008−75.6%Reduced
Creative Planning24,965$2.47M0.00%−1,070−4.1%Reduced
Northwestern Mutual Wealth Management Co25,416$2.51M0.00%+921+3.8%Added
Seascape Capital Management25,459$2.52M1.28%+598+2.4%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main25,513$2.52M0.00%−12,364−32.6%Reduced
Assetmark, Inc25,517$2.52M0.01%+6,715+35.7%Added
Keeley-Teton Advisors, LLC25,864$2.56M0.32%−662−2.5%Reduced
Cumberland Partners Ltd25,891$2.56M0.25%−23,370−47.4%Reduced
Teachers Retirement System of the State of Kentucky26,522$2.62M0.03%00.0%Unchanged
SYSTM Wealth Solutions LLC26,794$2.65M0.41%+1,022+4.0%Added
Heritage Investors Management Corp26,857$2.65M0.11%−295−1.1%Reduced
Two Sigma Investments, LP27,227$2.69M0.01%−109,550−80.1%Reduced
M&T Bank Corp27,293$2.70M0.01%−1,417−4.9%Reduced
Condor Capital Management27,782$2.75M0.34%−317−1.1%Reduced
Cambridge Investment Research Advisors, Inc.27,791$2.75M0.01%−587−2.1%Reduced
PEAK6 Investments LLC28,141$2.78M0.18%+24,095+595.5%Added
Mackenzie Financial Corp28,724$2.84M0.00%−16,021−35.8%Reduced
Signet Financial Management, LLC28,728$2.84M0.48%+28,728New
Cetera Advisor Networks LLC28,817$2.85M0.02%+795+2.8%Added
Lighthouse Investment Partners, LLC28,842$2.85M0.25%+6,402+28.5%Added
Callahan Advisors, LLC30,000$2.97M0.38%00.0%Unchanged
Nissay Asset Management Corp31,129$3.08M0.03%−1,063−3.3%Reduced
AXA S.A.31,140$3.08M0.01%−120,411−79.5%Reduced
Czech National Bank31,458$3.11M0.08%−523−1.6%Reduced
Twin Capital Management Inc31,577$3.12M0.43%+2,908+10.1%Added
Foster & Motley Inc31,717$3.13M0.26%+2,502+8.6%Added
Westpac Banking Corp31,762$3.14M0.04%−24,726−43.8%Reduced
B. Metzler seel. Sohn & Co. AG32,453$3.21M0.05%+275+0.9%Added
Kingsview Wealth Management, LLC32,808$3.24M0.14%−9,160−21.8%Reduced
Pinnacle Associates Ltd33,097$3.27M0.07%−1,437−4.2%Reduced
Xponance, Inc.33,225$3.28M0.05%−553−1.6%Reduced
CIBC World Markets Corp35,074$3.47M0.06%−55,369−61.2%Reduced
Public Employees Retirement Association of Colorado35,248$3.48M0.02%−1,757−4.7%Reduced
Walleye Capital LLC35,858$3.54M0.07%+13,925+63.5%Added
Gulf International Bank (UK) Ltd35,997$3.56M0.07%−7,196−16.7%Reduced
Guggenheim Capital LLC35,989$3.56M0.03%+1,339+3.9%Added
Robertson Stephens Wealth Management, LLC36,196$3.58M0.28%−166−0.5%Reduced
CIBC Private Wealth Group, LLC36,243$3.58M0.01%−98−0.3%Reduced
Acadian Asset Management LLC36,274$3.58M0.02%−112,091−75.6%Reduced
Smith, Graham & Co., Investment Advisors, LP36,401$3.60M0.44%−889−2.4%Reduced
North Star Asset Management Inc36,884$3.65M0.21%−1,557−4.1%Reduced
Park Avenue Securities LLC37,054$3.66M0.06%+1,150+3.2%Added
Davenport & Co LLC37,214$3.68M0.03%−33−0.1%Reduced
Neuberger Berman Group LLC37,647$3.72M0.00%−33,417−47.0%Reduced
Lynch & Associates37,701$3.73M0.98%+640+1.7%Added
Oppenheimer Asset Management Inc.37,707$3.73M0.06%+2,156+6.1%Added
King Luther Capital Management Corp38,280$3.78M0.02%+51+0.1%Added
Janney Montgomery Scott LLC38,364$3.79M0.02%+1,410+3.8%Added
Point72 Middle East FZE38,843$3.84M0.22%+14,442+59.2%Added
Wellington Management Group LLP39,095$3.86M0.00%+7,746+24.7%Added
Baker Ellis Asset Management LLC39,300$3.88M0.70%−112−0.3%Reduced