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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
Zurcher Kantonalbank (Zurich Cantonalbank)243,273$21.1M0.09%+60,780+33.3%Added
Cerity Partners LLC243,072$21.1M0.10%−34,244−12.3%Reduced
Associated Banc-Corp242,142$21.0M0.81%−534−0.2%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.239,465$20.7M0.04%+20,642+9.4%Added
Burney Co231,414$20.0M0.94%−3,396−1.4%Reduced
Gateway Investment Advisers LLC231,144$20.0M0.25%−6,063−2.6%Reduced
National Bank of Canada211,053$19.2M0.04%−209,775−49.8%Reduced
American Century Companies Inc216,995$18.8M0.01%+37,466+20.9%Added
The PNC Financial Services Group, Inc.214,904$18.6M0.02%−7,830−3.5%Reduced
New York State Common Retirement Fund213,397$18.5M0.03%−42,546−16.6%Reduced
D. E. Shaw & Co., Inc.209,251$18.1M0.03%−348,292−62.5%Reduced
MML Investors Services, LLC209,089$18.1M0.10%+18,295+9.6%Added
Adage Capital Partners GP, L.L.C.208,438$18.1M0.04%−44,500−17.6%Reduced
Tudor Investment Corp Et Al203,037$17.6M0.26%+84,620+71.5%Added
Twinbeech Capital LP200,117$17.3M0.33%+200,117New
State of Wisconsin Investment Board196,902$17.1M0.05%+1,457+0.7%Added
Russell Investments Group, Ltd.185,449$16.1M0.03%+26,340+16.6%Added
Keybank National Association184,330$16.0M0.08%−8,151−4.2%Reduced
Seizert Capital Partners, LLC181,054$15.7M0.83%+28,275+18.5%Added
Storebrand Asset Management AS177,459$15.4M0.07%−9,420−5.0%Reduced
Millennium Management LLC175,666$15.2M0.02%−622,456−78.0%Reduced
United Services Automobile Association175,052$15.2M0.38%00.0%Unchanged
Azora Capital LP168,715$14.6M1.61%+168,715New
Canada Pension Plan Investment Board165,300$14.3M0.02%−75,200−31.3%Reduced
Stifel Financial Corp165,079$14.3M0.02%−25,839−13.5%Reduced
Point72 Europe (London) LLP163,231$14.1M1.92%+163,231New
Basswood Capital Management, L.L.C.161,914$14.0M1.07%+161,914New
Citigroup Inc160,640$13.9M0.02%−93,024−36.7%Reduced
Raymond James Financial Services Advisors, Inc.159,752$13.8M0.03%+14,708+10.1%Added
Pinebridge Investments, L.P.146,082$12.7M0.14%+15,573+11.9%Added
State of New Jersey Common Pension Fund D143,837$12.5M0.04%−7,952−5.2%Reduced
Treasurer of the State of North Carolina140,581$12.2M0.07%+12,647+9.9%Added
Chevy Chase Trust Holdings, Inc.140,528$12.2M0.05%−5,593−3.8%Reduced
Candriam Luxembourg S.C.A.139,328$12.1M0.10%−762−0.5%Reduced
Verition Fund Management LLC136,963$11.9M0.16%−59,325−30.2%Reduced
Cinctive Capital Management LP136,210$11.8M0.65%+104,378+327.9%Added
Bridgewater Associates, LP133,608$11.6M0.07%+126,389+1,750.8%Added
Pictet Asset Management Holding SA131,648$11.4M0.01%+131,648New
Aviva PLC130,161$11.3M0.05%−60,112−31.6%Reduced
Nisa Investment Advisors, LLC129,215$11.2M0.09%−1,704−1.3%Reduced
Toronto Dominion Bank127,217$11.0M0.02%−35,253−21.7%Reduced
Public Employees Retirement System of Ohio124,963$10.8M0.05%−27,245−17.9%Reduced
Mn Services Vermogensbeheer B.V.123,500$10.7M0.10%00.0%Unchanged
Calamos Advisors LLC122,472$10.6M0.06%−57,119−31.8%Reduced
Squarepoint Ops LLC121,527$10.5M0.05%+111,795+1,148.7%Added
Copeland Capital Management, LLC119,660$10.4M0.22%+188+0.2%Added
LPL Financial LLC119,490$10.4M0.01%−20,224−14.5%Reduced
NewEdge Wealth, LLC116,220$10.1M0.32%+113,218+3,771.4%Added
Aquatic Capital Management LLC113,100$9.80M0.41%+113,100New
Holocene Advisors, LP107,125$9.28M0.04%−706,177−86.8%Reduced
Susquehanna International Group, LLP105,759$9.16M0.01%−90,358−46.1%Reduced
Asset Management One Co.,Ltd.105,460$9.14M0.04%−10,559−9.1%Reduced
Engineers Gate Manager LP104,807$9.08M0.34%+89,114+567.9%Added
CBOE Vest Financial, LLC102,470$8.88M0.49%+57,179+126.2%Added
Blair William & Co101,769$8.82M0.03%+18,970+22.9%Added
Nomura Asset Management Co Ltd101,485$8.79M0.04%+4,276+4.4%Added
Busey Wealth Management98,070$8.50M0.36%+406+0.4%Added
Panagora Asset Management Inc98,057$8.49M0.05%−5,836−5.6%Reduced
Handelsbanken Fonder AB97,166$8.42M0.05%+3,249+3.5%Added
Royal London Asset Management Ltd97,062$8.41M0.03%00.0%Unchanged
AXA S.A.96,212$8.33M0.03%+91,074+1,772.6%Added
CSM Advisors, LLC95,941$8.31M0.72%−825−0.9%Reduced
Comerica Bank95,813$8.30M0.04%−106,222−52.6%Reduced
SEI Investments Co94,261$8.17M0.01%+2,971+3.3%Added
Quinn Opportunity Partners LLC90,410$7.83M1.04%00.0%Unchanged
Vontobel Holding Ltd.88,401$7.66M0.07%−82,976−48.4%Reduced
Voya Investment Management LLC88,051$7.63M0.01%−4,407−4.8%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.87,545$7.59M0.10%+1,673+1.9%Added
Rafferty Asset Management, LLC87,467$7.58M0.04%+2,753+3.2%Added
Swedbank AB87,070$7.54M0.01%−17,044−16.4%Reduced
Coronation Fund Managers Ltd.86,814$7.52M0.23%+23,825+37.8%Added
TD Asset Management Inc83,266$7.21M0.01%−3,936−4.5%Reduced
Oppenheimer & Co Inc82,819$7.17M0.15%+38,303+86.0%Added
Natixis Advisors, L.P.82,471$7.14M0.02%−25,863−23.9%Reduced
Federated Hermes, Inc.81,947$7.10M0.02%−43,682−34.8%Reduced
Vision Capital Management, Inc.79,687$6.90M1.27%+152+0.2%Added
Eisler Capital (UK) Ltd.79,063$6.85M0.30%+79,063New
Alley Investment Management Company, LLC78,990$6.84M1.16%+1,563+2.0%Added
Winmill & Co. Inc77,500$6.71M2.46%+25,200+48.2%Added
DekaBank Deutsche Girozentrale77,259$6.64M0.02%−540−0.7%Reduced
USS Investment Management Ltd71,214$6.17M0.07%+773+1.1%Added
Commerce Bank71,119$6.16M0.05%+52,247+276.8%Added
Franklin Resources Inc70,545$6.11M0.00%+5,613+8.6%Added
Amalgamated Bank70,152$6.08M0.05%+2,815+4.2%Added
Arizona State Retirement System69,282$6.00M0.05%−1,500−2.1%Reduced
Bokf, NA72,368$5.94M0.13%+4,990+7.4%Added
State of Michigan Retirement System68,501$5.93M0.04%−1,300−1.9%Reduced
Pacer Advisors, Inc.67,957$5.89M0.02%−5,800−7.9%Reduced
HighTower Advisors, LLC67,538$5.86M0.01%−3,898−5.5%Reduced
Cambria Investment Management, L.P.67,519$5.85M0.47%+5,271+8.5%Added
American International Group, Inc.67,177$5.82M0.04%−2,450−3.5%Reduced
Prana Capital Management, LP66,465$5.76M0.37%+66,465New
Sheaff Brock Investment Advisors, LLC65,780$5.70M0.57%−393−0.6%Reduced
State of Alaska, Department of Revenue64,890$5.62M0.07%−1,595−2.4%Reduced
Wealth Enhancement Advisory Services, LLC63,261$5.48M0.02%+59,897+1,780.5%Added
Standard Life Aberdeen plc63,056$5.46M0.01%−8,842−12.3%Reduced
Envestnet Portfolio Solutions, Inc.62,671$5.43M0.03%+62,671New
Glenmede Trust Co NA62,390$5.40M0.03%−2,281−3.5%Reduced
Jane Street Group, LLC62,064$5.38M0.01%−100,937−61.9%Reduced
MetLife Investment Management61,812$5.35M0.04%−2,631−4.1%Reduced