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Discover Financial Services

DFSDelisted
Industry
Personal Credit Institutions
SEC CIK
0001393612

Discover Financial Services was delisted in 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 $37.5B in total; superinvestors Third Point and Maverick Capital held it.

13F holders, Q2 2023

Institutional positions in Discover Financial Services as of Jun 30, 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
975
+24 vs. Q1 2023
Shares held
212.3M
−4.04M (−1.9%) vs. Q1 2023
Total value
$24.7B
+$3.50B (+16.5%) vs. Q1 2023
New holders
97
283 more added
Sold out
73
426 more reduced

7 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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 holdersQ2 2023: 975 institutions
Q1 2021: 898 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: 3 institutionsQ4 2025: 2 institutionsQ1 2026: 4 institutionsQ2 2026: 1 institution
Value heldQ2 2023: $24.7B
Q1 2021: $24.9BQ2 2021: $30.6BQ3 2021: $30.8BQ4 2021: $28.4BQ1 2022: $26.1BQ2 2022: $21.8BQ3 2022: $20.7BQ4 2022: $21.9BQ1 2023: $21.9BQ2 2023: $24.7BQ3 2023: $18.3BQ4 2023: $25.2BQ1 2024: $29.4BQ2 2024: $28.0BQ3 2024: $30.2BQ4 2024: $37.7BQ1 2025: $37.5BQ2 2025: $15.3MQ3 2025: $4.45MQ4 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 20253$4.45M
Q2 202510$15.3M
Q1 20251,176$37.5B
Q4 20241,173$37.7B
Q3 20241,061$30.2B
Q2 20241,030$28.0B
Q1 20241,036$29.4B
Q4 2023979$25.2B
Q3 2023908$18.3B
Q2 2023975$24.7B
Q1 2023958$21.9B
Q4 2022980$21.9B
Q3 2022927$20.7B
Q2 2022944$21.8B
Q1 2022953$26.1B
Q4 2021983$28.4B
Q3 2021946$30.8B
Q2 2021927$30.6B
Q1 2021898$24.9B

Institutions, Q2 2023

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q1 2023.

Institutions holding DFS in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc33,106,766$3.87B0.09%−1,648,674−4.7%Reduced
Capital World Investors21,119,404$2.47B0.47%−147,658−0.7%Reduced
BlackRock Inc.18,043,464$2.11B0.06%−915,556−4.8%Reduced
State Street Corp10,659,507$1.25B0.07%−335,083−3.0%Reduced
Boston Partners5,495,131$640.8M0.86%−82,720−1.5%Reduced
Geode Capital Management, LLC5,459,028$636.8M0.07%−171,957−3.1%Reduced
FMR LLC5,448,350$636.6M0.05%−293,953−5.1%Reduced
Morgan Stanley4,618,068$539.6M0.05%−12,062−0.3%Reduced
Capital Research Global Investors4,244,530$496.0M0.13%+4,244,530New
Arrowstreet Capital, Limited Partnership3,633,251$424.5M0.52%+1,386,794+61.7%Added
Dimensional Fund Advisors LP3,323,219$388.4M0.12%+377,737+12.8%Added
Norges Bank3,183,144$372.0M0.07%−48,967−1.5%Reduced
Southpoint Capital Advisors LP2,572,634$300.6M6.52%+72,634+2.9%Added
Northern Trust Corp2,557,720$298.9M0.06%−390,895−13.3%Reduced
Barclays PLC2,150,480$251.3M0.16%+291,306+15.7%Added
Principal Financial Group Inc2,009,513$234.8M0.16%−20,480−1.0%Reduced
Bank of New York Mellon Corp2,001,548$233.9M0.05%−153,780−7.1%Reduced
Ameriprise Financial Inc1,999,587$233.7M0.07%−158,691−7.4%Reduced
LSV Asset Management1,962,239$229.3M0.51%−13,520−0.7%Reduced
JPMorgan Chase & Co1,948,338$227.7M0.03%+195,099+11.1%Added
Legal & General Group Plc1,889,118$220.7M0.07%−128,665−6.4%Reduced
Primecap Management Co1,841,129$215.1M0.18%−176,010−8.7%Reduced
Nuveen Asset Management, LLC1,764,513$206.2M0.07%−731,989−29.3%Reduced
Goldman Sachs Group Inc1,729,473$202.1M0.05%−171,290−9.0%Reduced
Invesco Ltd.1,706,373$199.4M0.05%−123,959−6.8%Reduced
Capital International Investors1,702,439$198.9M0.05%+1340.0%Added
First Trust Advisors LP1,655,082$193.4M0.22%−333,730−16.8%Reduced
Charles Schwab Investment Management Inc1,609,286$188.0M0.05%−52,760−3.2%Reduced
UBS Group AG1,525,015$178.2M0.08%+29,566+2.0%Added
Deutsche Bank AG1,475,226$172.4M0.09%+131,968+9.8%Added
Rockefeller Capital Management L.P.1,444,142$167.8M0.65%−568,704−28.3%Reduced
Balyasny Asset Management LLC1,210,298$141.4M0.39%+142,346+13.3%Added
Nordea Investment Management AB1,124,157$132.6M0.18%−13,523−1.2%Reduced
Turtle Creek Asset Management Inc.1,122,155$131.1M3.76%−108,650−8.8%Reduced
Bank of America Corp1,075,139$125.6M0.01%−124,518−10.4%Reduced
Marshfield Associates1,046,601$122.3M3.18%+1,046,601New
UBS Asset Management Americas Inc1,177,408$116.4M0.06%00.0%Unchanged
Envestnet Asset Management Inc956,227$111.7M0.05%−1,614,489−62.8%Reduced
Cooke & Bieler LP953,811$111.5M1.04%−11,509−1.2%Reduced
Eminence Capital, LP944,766$110.4M1.98%−406,341−30.1%Reduced
HSBC Holdings PLC943,307$110.2M0.12%+484,638+105.7%Added
Swiss National Bank936,690$109.5M0.07%+936,690New
Allspring Global Investments Holdings, LLC910,146$106.4M0.17%−212,075−18.9%Reduced
Macquarie Group Ltd887,846$103.7M0.12%+397,824+81.2%Added
Allianz Asset Management GmbH858,087$100.3M0.21%−121,455−12.4%Reduced
Price T Rowe Associates Inc832,195$97.2M0.01%−120,336−12.6%Reduced
Holocene Advisors, LP813,302$95.0M0.42%+807,823+14,744.0%Added
Millennium Management LLC798,122$93.3M0.10%+130,083+19.5%Added
Sumitomo Mitsui Trust Holdings, Inc.659,823$77.1M0.06%−120,419−15.4%Reduced
CI Private Wealth, LLC640,929$74.9M0.17%+299,127+87.5%Added
Royal Bank of Canada612,323$71.5M0.02%+178,602+41.2%Added
Truist Financial Corp577,592$67.5M0.11%−586,421−50.4%Reduced
APG Asset Management N.V.616,931$66.1M0.13%−74,815−10.8%Reduced
D. E. Shaw & Co., Inc.557,543$65.1M0.10%−493,233−46.9%Reduced
140 Summer Partners LP533,039$62.3M13.83%−126,800−19.2%Reduced
Rhumbline Advisers530,762$62.0M0.07%−17,326−3.2%Reduced
Amundi511,624$60.4M0.03%−138,252−21.3%Reduced
AustralianSuper Pty Ltd513,761$60.0M0.38%+322,696+168.9%Added
California Public Employees Retirement System504,597$59.0M0.05%−48,859−8.8%Reduced
Victory Capital Management Inc479,152$56.0M0.06%+2,603+0.5%Added
Schroder Investment Management Group468,427$54.7M0.08%−70,225−13.0%Reduced
Manufacturers Life Insurance Company, The468,419$54.7M0.03%−15,411−3.2%Reduced
Bank of Montreal464,440$54.4M0.02%+57,533+14.1%Added
Credit Suisse AG459,896$53.7M0.05%−17,732−3.7%Reduced
Thrivent Financial for Lutherans453,862$53.0M0.12%−38,280−7.8%Reduced
National Bank of Canada420,828$49.7M0.10%+377,207+864.7%Added
O'Shaughnessy Asset Management, LLC421,161$49.2M0.73%+33,764+8.7%Added
California State Teachers Retirement System412,117$48.2M0.07%−31,860−7.2%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC410,033$47.9M0.22%+114,017+38.5%Added
Mitsubishi UFJ Trust & Banking Corp394,552$46.1M0.11%−25,109−6.0%Reduced
National Pension Service383,729$45.2M0.07%−25,414−6.2%Reduced
Rathbone Brothers plc386,134$45.1M0.42%+37,603+10.8%Added
Bruni J V & Co385,157$45.0M5.97%−1,506−0.4%Reduced
M&G Investment Management Ltd375,277$43.9M0.18%+3,175+0.9%Added
Wells Fargo & Company375,200$43.8M0.01%−22,845−5.7%Reduced
Brandywine Global Investment Management, LLC372,058$43.5M0.36%−14,394−3.7%Reduced
Moore Capital Management, LP367,956$43.0M1.05%+163,920+80.3%Added
Assenagon Asset Management S.A.360,754$42.2M0.17%+346,167+2,373.1%Added
Robeco Institutional Asset Management B.V.359,042$42.0M0.11%−151,610−29.7%Reduced
Waters Parkerson & Co., LLC350,140$40.9M2.31%−1,079−0.3%Reduced
Smith Chas P & Associates Pa Cpas346,559$40.5M2.60%+5,519+1.6%Added
Employees Retirement System of Texas333,000$38.9M0.53%00.0%Unchanged
Alliancebernstein L.P.332,494$38.9M0.02%−11,046−3.2%Reduced
New York State Teachers Retirement System324,110$37.9M0.09%−26,216−7.5%Reduced
KBC Group NV321,719$37.6M0.15%+92,997+40.7%Added
State Board of Administration of Florida Retirement System304,906$35.6M0.08%−41,995−12.1%Reduced
Ensign Peak Advisors, Inc302,280$35.3M0.07%−41,947−12.2%Reduced
Wedge Capital Management L L P293,987$34.4M0.55%−16,570−5.3%Reduced
Korea Investment CORP289,304$33.8M0.09%−122,293−29.7%Reduced
Man Group plc285,758$33.4M0.10%––
Cerity Partners LLC277,316$32.4M0.13%−1,111−0.4%Reduced
Great West Life Assurance Co266,445$31.3M0.07%−12,622−4.5%Reduced
Prudential Financial Inc264,629$30.9M0.04%−24,523−8.5%Reduced
AQR Capital Management LLC259,764$30.4M0.06%−119,245−31.5%Reduced
New York State Common Retirement Fund255,943$29.9M0.04%−17,075−6.3%Reduced
Citigroup Inc253,664$29.6M0.04%−12,736−4.8%Reduced
Adage Capital Partners GP, L.L.C.252,938$29.6M0.06%−127,270−33.5%Reduced
Deroy & Devereaux Private Investment Counsel Inc246,411$28.8M2.00%+456+0.2%Added
Raymond James & Associates245,243$28.7M0.02%−32,426−11.7%Reduced
Associated Banc-Corp242,676$28.4M1.07%−28,179−10.4%Reduced