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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
Natixis70,540$6.97M0.06%−151,340−68.2%Reduced
USS Investment Management Ltd70,441$6.96M0.10%00.0%Unchanged
Amalgamated Bank69,899$6.91M0.06%−1,291−1.8%Reduced
HighTower Advisors, LLC69,875$6.90M0.02%−3,106−4.3%Reduced
Mount Yale Investment Advisors, LLC69,121$6.83M0.77%+12,473+22.0%Added
MetLife Investment Management68,895$6.81M0.05%−2,450−3.4%Reduced
Sheaff Brock Investment Advisors, LLC67,565$6.68M0.69%+1,430+2.2%Added
Intech Investment Management LLC66,505$6.57M0.05%−66,554−50.0%Reduced
Eisler Capital (UK) Ltd.65,745$6.50M0.56%+65,745New
Glenmede Trust Co NA64,671$6.39M0.04%+148+0.2%Added
Cambria Investment Management, L.P.64,256$6.35M0.52%+6,275+10.8%Added
Prudential PLC64,181$6.34M0.07%+33,822+111.4%Added
Public Sector Pension Investment Board62,889$6.22M0.05%−325−0.5%Reduced
ProShare Advisors LLC59,086$5.84M0.02%+5,413+10.1%Added
Thompson Investment Management, Inc.58,730$5.80M0.98%+10,307+21.3%Added
Forge First Asset Management Inc.58,000$5.73M2.59%+58,000New
Tredje AP-fonden57,937$5.73M0.09%+2,714+4.9%Added
Salem Investment Counselors Inc56,180$5.55M0.22%+882+1.6%Added
Texas Permanent School Fund55,665$5.50M0.05%+16,360+41.6%Added
Commonwealth Equity Services, LLC55,347$5.47M0.01%−4,158−7.0%Reduced
Moran Wealth Management, LLC54,757$5.41M0.20%+31,309+133.5%Added
Saba Capital Management, L.P.54,178$5.35M0.13%−12,009−18.1%Reduced
Segall Bryant & Hamill, LLC53,709$5.31M0.06%−946−1.7%Reduced
Vaughan David Investments LLC53,308$5.27M0.16%−327,236−86.0%Reduced
DnB Asset Management AS53,223$5.26M0.03%−4,182−7.3%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management52,500$5.19M0.10%−27,500−34.4%Reduced
Winmill & Co. Inc52,300$5.17M1.93%00.0%Unchanged
First Republic Investment Management, Inc.51,889$5.13M0.01%+15,283+41.7%Added
Twin Tree Management, LP51,017$5.04M0.14%+51,017New
Martin & Co Inc50,713$5.01M1.29%−1,202−2.3%Reduced
IFM Investors Pty Ltd50,081$4.95M0.08%+1,514+3.1%Added
Stolper Co50,059$4.95M2.12%+163+0.3%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund49,778$4.92M0.07%+3,100+6.6%Added
Mutual of America Capital Management LLC49,679$4.91M0.06%−947−1.9%Reduced
Hancock Whitney Corp49,544$4.90M0.20%−1,162−2.3%Reduced
Mirae Asset Global Investments Co., Ltd.49,157$4.86M0.01%+4,850+10.9%Added
Saranac Partners Ltd48,737$4.82M2.84%+29,429+152.4%Added
Utah Retirement Systems47,535$4.70M0.07%−800−1.7%Reduced
PGGM Investments46,991$4.64M0.08%+3,681+8.5%Added
US Bancorp46,831$4.63M0.01%−2,744−5.5%Reduced
Oppenheimer & Co Inc46,580$4.60M0.10%−1,852−3.8%Reduced
Power Corp of Canada48,423$4.50M0.47%+33,388+222.1%Added
BerganKDV Wealth Management, LLC45,268$4.47M0.46%+2,801+6.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys45,263$4.47M0.04%−922−2.0%Reduced
Crossmark Global Holdings, Inc.45,104$4.46M0.10%−7,332−14.0%Reduced
National Bank of Canada43,621$4.31M0.01%−271,586−86.2%Reduced
Unison Advisors LLC43,491$4.30M0.48%+313+0.7%Added
Amica Mutual Insurance Co42,802$4.23M0.47%+21,009+96.4%Added
Duncker Streett & Co Inc42,733$4.22M1.01%−182−0.4%Reduced
Mariner, LLC42,739$4.22M0.01%+1,246+3.0%Added
Yousif Capital Management, LLC42,677$4.22M0.05%−3,429−7.4%Reduced
New York Life Investment Management LLC41,927$4.14M0.05%−868−2.0%Reduced
Wisconsin Capital Management LLC41,665$4.12M2.81%00.0%Unchanged
Janus Henderson Group PLC41,208$4.07M0.00%+7,583+22.6%Added
Factorial Partners, LLC40,700$4.02M3.03%+1,700+4.4%Added
CIBC Asset Management Inc40,197$3.97M0.02%+30+0.1%Added
CX Institutional40,161$3.97M0.21%+40,161New
Baker Ellis Asset Management LLC39,300$3.88M0.70%−112−0.3%Reduced
Wellington Management Group LLP39,095$3.86M0.00%+7,746+24.7%Added
Point72 Middle East FZE38,843$3.84M0.22%+14,442+59.2%Added
Janney Montgomery Scott LLC38,364$3.79M0.02%+1,410+3.8%Added
King Luther Capital Management Corp38,280$3.78M0.02%+51+0.1%Added
Oppenheimer Asset Management Inc.37,707$3.73M0.06%+2,156+6.1%Added
Lynch & Associates37,701$3.73M0.98%+640+1.7%Added
Neuberger Berman Group LLC37,647$3.72M0.00%−33,417−47.0%Reduced
Davenport & Co LLC37,214$3.68M0.03%−33−0.1%Reduced
Park Avenue Securities LLC37,054$3.66M0.06%+1,150+3.2%Added
North Star Asset Management Inc36,884$3.65M0.21%−1,557−4.1%Reduced
Smith, Graham & Co., Investment Advisors, LP36,401$3.60M0.44%−889−2.4%Reduced
Acadian Asset Management LLC36,274$3.58M0.02%−112,091−75.6%Reduced
CIBC Private Wealth Group, LLC36,243$3.58M0.01%−98−0.3%Reduced
Robertson Stephens Wealth Management, LLC36,196$3.58M0.28%−166−0.5%Reduced
Guggenheim Capital LLC35,989$3.56M0.03%+1,339+3.9%Added
Gulf International Bank (UK) Ltd35,997$3.56M0.07%−7,196−16.7%Reduced
Walleye Capital LLC35,858$3.54M0.07%+13,925+63.5%Added
Public Employees Retirement Association of Colorado35,248$3.48M0.02%−1,757−4.7%Reduced
CIBC World Markets Corp35,074$3.47M0.06%−55,369−61.2%Reduced
Xponance, Inc.33,225$3.28M0.05%−553−1.6%Reduced
Pinnacle Associates Ltd33,097$3.27M0.07%−1,437−4.2%Reduced
Kingsview Wealth Management, LLC32,808$3.24M0.14%−9,160−21.8%Reduced
B. Metzler seel. Sohn & Co. AG32,453$3.21M0.05%+275+0.9%Added
Westpac Banking Corp31,762$3.14M0.04%−24,726−43.8%Reduced
Foster & Motley Inc31,717$3.13M0.26%+2,502+8.6%Added
Twin Capital Management Inc31,577$3.12M0.43%+2,908+10.1%Added
Czech National Bank31,458$3.11M0.08%−523−1.6%Reduced
AXA S.A.31,140$3.08M0.01%−120,411−79.5%Reduced
Nissay Asset Management Corp31,129$3.08M0.03%−1,063−3.3%Reduced
Callahan Advisors, LLC30,000$2.97M0.38%00.0%Unchanged
Lighthouse Investment Partners, LLC28,842$2.85M0.25%+6,402+28.5%Added
Cetera Advisor Networks LLC28,817$2.85M0.02%+795+2.8%Added
Signet Financial Management, LLC28,728$2.84M0.48%+28,728New
Mackenzie Financial Corp28,724$2.84M0.00%−16,021−35.8%Reduced
PEAK6 Investments LLC28,141$2.78M0.18%+24,095+595.5%Added
Cambridge Investment Research Advisors, Inc.27,791$2.75M0.01%−587−2.1%Reduced
Condor Capital Management27,782$2.75M0.34%−317−1.1%Reduced
M&T Bank Corp27,293$2.70M0.01%−1,417−4.9%Reduced
Two Sigma Investments, LP27,227$2.69M0.01%−109,550−80.1%Reduced
Heritage Investors Management Corp26,857$2.65M0.11%−295−1.1%Reduced
SYSTM Wealth Solutions LLC26,794$2.65M0.41%+1,022+4.0%Added
Teachers Retirement System of the State of Kentucky26,522$2.62M0.03%00.0%Unchanged