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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, Q3 2023

Institutional positions in Discover Financial Services as of Sep 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
908
−53 vs. Q2 2023
Shares held
210.4M
−1.65M (−0.8%) vs. Q2 2023
Total value
$18.3B
−$6.41B (−26.0%) vs. Q2 2023
New holders
89
315 more added
Sold out
142
346 more reduced

14 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2023: 908 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 heldQ3 2023: $18.3B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q2 2023.

Institutions holding DFS in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
National Bank of Canada211,053$19.2M0.04%−209,775−49.8%Reduced
Gateway Investment Advisers LLC231,144$20.0M0.25%−6,063−2.6%Reduced
Burney Co231,414$20.0M0.94%−3,396−1.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.239,465$20.7M0.04%+20,642+9.4%Added
Associated Banc-Corp242,142$21.0M0.81%−534−0.2%Reduced
Cerity Partners LLC243,072$21.1M0.10%−34,244−12.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)243,273$21.1M0.09%+60,780+33.3%Added
Deroy & Devereaux Private Investment Counsel Inc245,340$21.3M1.55%−1,071−0.4%Reduced
BNP Paribas Arbitrage, SA250,331$21.7M0.05%+15,533+6.6%Added
Virginia Retirement Systems Et Al251,922$21.8M0.22%+139,400+123.9%Added
Walleye Capital LLC253,563$22.0M0.32%+52,279+26.0%Added
Raymond James & Associates267,265$23.2M0.02%+22,022+9.0%Added
Prudential Financial Inc267,474$23.2M0.04%+2,845+1.1%Added
Great West Life Assurance Co273,092$23.7M0.06%+6,647+2.5%Added
Advisor Group Holdings, Inc.273,167$23.7M0.04%+78,087+40.0%Added
State Board of Administration of Florida Retirement System287,456$24.9M0.06%−17,450−5.7%Reduced
New York State Teachers Retirement System310,873$26.9M0.07%−13,237−4.1%Reduced
Putnam Investments LLC324,665$28.1M0.04%+133,535+69.9%Added
Korea Investment CORP329,697$28.6M0.08%+40,393+14.0%Added
O'Shaughnessy Asset Management, LLC333,004$28.8M0.43%−88,157−20.9%Reduced
Ensign Peak Advisors, Inc336,442$29.1M0.06%+34,162+11.3%Added
Smith Chas P & Associates Pa Cpas346,070$30.0M2.18%−489−0.1%Reduced
Mitsubishi UFJ Trust & Banking Corp347,199$30.1M0.08%−47,353−12.0%Reduced
Jupiter Asset Management Ltd348,232$30.2M0.33%+342,319+5,789.3%Added
Waters Parkerson & Co., LLC360,173$31.2M1.87%+10,033+2.9%Added
Alliancebernstein L.P.363,841$31.5M0.01%+31,347+9.4%Added
Brandywine Global Investment Management, LLC371,884$32.2M0.28%−1740.0%Reduced
Wells Fargo & Company374,738$32.5M0.01%−462−0.1%Reduced
Khrom Capital Management LLC375,363$32.5M15.68%+375,363New
KBC Group NV376,506$32.6M0.13%+54,787+17.0%Added
California State Teachers Retirement System380,678$33.0M0.05%−31,439−7.6%Reduced
Bruni J V & Co386,984$33.5M4.72%+1,827+0.5%Added
M&G Investment Management Ltd388,203$33.8M0.25%+12,926+3.4%Added
Wedge Capital Management L L P398,337$34.5M0.68%+104,350+35.5%Added
National Pension Service403,923$35.1M0.06%+20,194+5.3%Added
Man Group plc–$36.5M0.11%––
Bank of Montreal412,408$37.3M0.02%−52,032−11.2%Reduced
Credit Suisse AG443,604$38.4M0.04%−16,292−3.5%Reduced
Schroder Investment Management Group447,503$38.8M0.06%−20,924−4.5%Reduced
Thrivent Financial for Lutherans451,461$39.1M0.09%−2,401−0.5%Reduced
Assenagon Asset Management S.A.458,355$39.7M0.14%+97,601+27.1%Added
HST Ventures, LLC463,347$40.1M14.38%+236,545+104.3%Added
Robeco Institutional Asset Management B.V.465,046$40.3M0.11%+106,004+29.5%Added
Rathbone Brothers plc468,368$40.6M0.29%+82,234+21.3%Added
140 Summer Partners LP475,670$41.2M8.04%−57,369−10.8%Reduced
Victory Capital Management Inc482,135$41.8M0.05%+2,983+0.6%Added
Manufacturers Life Insurance Company, The484,631$42.0M0.02%+16,212+3.5%Added
Grantham, Mayo, Van Otterloo & Co. LLC487,401$42.2M0.20%+77,368+18.9%Added
California Public Employees Retirement System499,939$43.3M0.04%−4,658−0.9%Reduced
Rhumbline Advisers526,127$45.6M0.05%−4,635−0.9%Reduced
Amundi542,261$48.5M0.02%+30,637+6.0%Added
Truist Financial Corp597,049$51.7M0.09%+19,457+3.4%Added
CI Private Wealth, LLC611,717$53.0M0.12%−29,212−4.6%Reduced
Point72 Asset Management, L.P.612,196$53.0M0.18%+608,829+18,082.2%Added
Sumitomo Mitsui Trust Holdings, Inc.636,469$55.1M0.05%−23,354−3.5%Reduced
Royal Bank of Canada653,185$56.6M0.02%+40,862+6.7%Added
APG Asset Management N.V.673,395$58.3M0.12%+56,464+9.2%Added
Price T Rowe Associates Inc750,285$65.0M0.01%−81,910−9.8%Reduced
UBS Group AG783,845$67.9M0.03%−741,170−48.6%Reduced
Swiss National Bank816,890$70.8M0.06%−119,800−12.8%Reduced
AustralianSuper Pty Ltd856,687$74.2M0.48%+342,926+66.7%Added
Allianz Asset Management GmbH868,113$75.2M0.15%+10,026+1.2%Added
Allspring Global Investments Holdings, LLC899,835$78.0M0.14%−10,311−1.1%Reduced
Palestra Capital Management LLC945,000$81.9M4.32%+945,000New
Alyeska Investment Group, L.P.984,260$85.3M0.58%+755,721+330.7%Added
Ameriprise Financial Inc991,058$85.9M0.03%−1,008,529−50.4%Reduced
Macquarie Group Ltd1,024,749$88.8M0.11%+136,903+15.4%Added
HSBC Holdings PLC1,038,259$89.9M0.10%+94,952+10.1%Added
Bank of America Corp1,048,238$90.8M0.01%−26,901−2.5%Reduced
Nordea Investment Management AB1,089,482$95.0M0.13%−34,675−3.1%Reduced
Cooke & Bieler LP1,118,470$96.9M0.94%+164,659+17.3%Added
Citadel Advisors LLC1,122,266$97.2M0.11%+986,595+727.2%Added
AQR Capital Management LLC1,133,784$98.2M0.20%+874,020+336.5%Added
Deutsche Bank AG1,156,929$100.2M0.06%−318,297−21.6%Reduced
UBS Asset Management Americas Inc1,194,000$103.4M0.05%+16,592+1.4%Added
Hotchkis & Wiley Capital Management LLC1,274,920$110.4M0.42%+1,274,920New
Envestnet Asset Management Inc1,319,086$114.3M0.05%+362,859+37.9%Added
Eminence Capital, LP1,343,975$116.4M2.31%+399,209+42.3%Added
Marshfield Associates1,358,882$117.7M2.91%+312,281+29.8%Added
Principal Financial Group Inc1,397,118$121.0M0.09%−612,395−30.5%Reduced
Rockefeller Capital Management L.P.1,474,129$127.8M0.49%+29,987+2.1%Added
Charles Schwab Investment Management Inc1,586,713$137.5M0.04%−22,573−1.4%Reduced
Turtle Creek Asset Management Inc.1,617,300$140.1M4.00%+495,145+44.1%Added
Capital International Investors1,622,635$140.6M0.04%−79,804−4.7%Reduced
Legal & General Group Plc1,781,745$154.4M0.05%−107,373−5.7%Reduced
JPMorgan Chase & Co1,782,419$154.4M0.02%−165,919−8.5%Reduced
Primecap Management Co1,828,939$158.4M0.13%−12,190−0.7%Reduced
Nuveen Asset Management, LLC1,855,763$160.8M0.06%+91,250+5.2%Added
Bank of New York Mellon Corp1,905,899$165.1M0.04%−95,649−4.8%Reduced
LSV Asset Management1,921,949$166.5M0.39%−40,290−2.1%Reduced
First Trust Advisors LP2,051,194$177.7M0.21%+396,112+23.9%Added
Goldman Sachs Group Inc2,170,041$188.0M0.05%+440,568+25.5%Added
Invesco Ltd.2,233,324$193.5M0.05%+526,951+30.9%Added
Brave Warrior Advisors, LLC2,381,258$206.3M5.15%+2,381,258New
Southpoint Capital Advisors LP2,430,700$210.6M4.70%−141,934−5.5%Reduced
Barclays PLC2,547,398$220.7M0.14%+396,918+18.5%Added
Northern Trust Corp2,578,053$223.3M0.04%+20,333+0.8%Added
Norges Bank2,867,545$248.4M0.05%−315,599−9.9%Reduced
Dimensional Fund Advisors LP3,438,083$297.8M0.10%+114,864+3.5%Added
Morgan Stanley4,390,613$380.4M0.04%−227,455−4.9%Reduced