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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
Illinois Municipal Retirement Fund60,381$5.23M0.10%−25,010−29.3%Reduced
Thompson Investment Management, Inc.59,346$5.14M0.91%+543+0.9%Added
Creative Planning59,107$5.12M0.01%+27,336+86.0%Added
Public Sector Pension Investment Board58,388$5.06M0.04%+1,958+3.5%Added
Parallax Volatility Advisers, L.P.58,205$5.04M0.18%+36,826+172.3%Added
Retirement Systems of Alabama56,516$4.90M0.02%−1,199−2.1%Reduced
Commonwealth Equity Services, LLC56,378$4.88M0.01%−218−0.4%Reduced
Captrust Financial Advisors56,065$4.86M0.02%+28,412+102.7%Added
IFM Investors Pty Ltd55,560$4.81M0.06%+3,237+6.2%Added
ProShare Advisors LLC55,050$4.77M0.01%−11,438−17.2%Reduced
Cambridge Financial Group, Inc.54,215$4.70M2.56%+54,215New
Moran Wealth Management, LLC54,179$4.69M0.18%+431+0.8%Added
Teacher Retirement System of Texas53,381$4.62M0.03%−84,617−61.3%Reduced
Texas Permanent School Fund52,408$4.54M0.04%−146−0.3%Reduced
Swiss Life Asset Management Ltd52,095$4.51M0.07%−12,709−19.6%Reduced
Mirae Asset Global Investments Co., Ltd.51,432$4.46M0.01%+4,090+8.6%Added
Quadrature Capital Ltd51,061$4.42M0.09%+51,061New
Salem Investment Counselors Inc50,982$4.42M0.17%−3,122−5.8%Reduced
Saranac Partners Ltd50,667$4.39M2.47%+1,365+2.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys50,256$4.35M0.04%+5,967+13.5%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund50,178$4.35M0.06%+1,300+2.7%Added
Stolper Co50,084$4.34M1.88%+186+0.4%Added
Foster & Motley Inc49,781$4.31M0.35%+1,369+2.8%Added
First Republic Investment Management, Inc.49,668$4.30M0.01%+8,961+22.0%Added
DnB Asset Management AS49,475$4.29M0.03%−5,191−9.5%Reduced
Twin Tree Management, LP49,061$4.25M0.14%+49,061New
Skandinaviska Enskilda Banken AB (publ)48,811$4.23M0.03%+294+0.6%Added
Martin & Co Inc48,597$4.21M1.11%−125−0.3%Reduced
Mutual of America Capital Management LLC47,242$4.09M0.05%−1,493−3.1%Reduced
US Bancorp46,350$4.02M0.01%+5,587+13.7%Added
Forsta Ap-Fonden45,900$3.98M0.04%+3,300+7.7%Added
Guggenheim Capital LLC45,409$3.93M0.03%+6,623+17.1%Added
Janney Montgomery Scott LLC44,638$3.87M0.01%+9,422+26.8%Added
Unison Advisors LLC44,010$3.81M0.45%+261+0.6%Added
Czech National Bank43,686$3.78M0.06%+13,623+45.3%Added
Utah Retirement Systems43,035$3.73M0.05%−500−1.1%Reduced
Quantitative Investment Management, LLC42,895$3.71M0.57%+42,895New
B. Metzler seel. Sohn & Co. AG42,242$3.66M0.06%−16,524−28.1%Reduced
Investment Management Corp of Ontario41,951$3.63M0.14%+17,876+74.3%Added
PGGM Investments41,933$3.63M0.06%−422−1.0%Reduced
Tredje AP-fonden41,917$3.63M0.05%−4,895−10.5%Reduced
Vaughan David Investments LLC41,153$3.56M0.11%−7,420−15.3%Reduced
CIBC World Markets Corp40,144$3.48M0.03%−11,637−22.5%Reduced
Yousif Capital Management, LLC40,030$3.47M0.04%−1,190−2.9%Reduced
King Luther Capital Management Corp39,741$3.44M0.02%+213+0.5%Added
Park Avenue Securities LLC39,619$3.43M0.05%+1,314+3.4%Added
Duncker Streett & Co Inc39,533$3.42M0.80%−3,200−7.5%Reduced
State of Tennessee, Treasury Department39,149$3.39M0.01%−31,757−44.8%Reduced
New York Life Investment Management LLC38,956$3.37M0.04%−814−2.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.38,705$3.35M0.01%−88,109−69.5%Reduced
Wisconsin Capital Management LLC38,165$3.31M2.18%−1,450−3.7%Reduced
Oppenheimer Asset Management Inc.37,989$3.29M0.05%+633+1.7%Added
Mariner, LLC37,884$3.28M0.01%−5,954−13.6%Reduced
Pathstone Family Office, LLC37,487$3.26M0.03%+15,398+69.7%Added
Janus Henderson Group PLC36,521$3.16M0.00%−20,874−36.4%Reduced
Quantbot Technologies LP36,377$3.15M0.21%+36,377New
CIBC Asset Management Inc36,349$3.15M0.01%−3,188−8.1%Reduced
Pinnacle Associates Ltd35,798$3.10M0.06%−1,356−3.6%Reduced
Smith, Graham & Co., Investment Advisors, LP35,737$3.10M0.38%−317−0.9%Reduced
Y-Intercept (Hong Kong) Ltd34,717$3.01M0.29%+17,985+107.5%Added
Lynch & Associates33,397$2.89M0.76%−5,251−13.6%Reduced
Robertson Stephens Wealth Management, LLC33,148$2.87M0.19%−838−2.5%Reduced
Baker Ellis Asset Management LLC32,831$2.84M0.51%−6,792−17.1%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd32,718$2.83M0.04%+110.0%Added
Xponance, Inc.31,876$2.76M0.04%+850+2.7%Added
M&T Bank Corp31,716$2.75M0.01%+1,434+4.7%Added
Steel Peak Wealth Management LLC31,577$2.74M0.17%+16,873+114.8%Added
ING Groep NV31,379$2.72M0.02%+31,379New
Cetera Advisor Networks LLC31,364$2.72M0.02%+1,705+5.7%Added
STRS Ohio31,000$2.69M0.01%−15,000−32.6%Reduced
Northwestern Mutual Wealth Management Co30,971$2.68M0.00%+1,558+5.3%Added
Crossmark Global Holdings, Inc.29,025$2.65M0.06%−7,235−20.0%Reduced
GTS Securities LLC30,063$2.60M0.05%+5,403+21.9%Added
Callahan Advisors, LLC30,000$2.60M0.33%00.0%Unchanged
Integrated Wealth Concepts LLC29,909$2.59M0.05%+6,558+28.1%Added
Nissay Asset Management Corp29,765$2.58M0.02%+463+1.6%Added
Cambridge Investment Research Advisors, Inc.29,368$2.54M0.01%+67+0.2%Added
Jump Financial, LLC29,252$2.53M0.09%−9,485−24.5%Reduced
Public Employees Retirement Association of Colorado29,054$2.52M0.01%00.0%Unchanged
Dana Investment Advisors, Inc.28,784$2.49M0.13%+6,633+29.9%Added
Signet Financial Management, LLC28,631$2.48M0.41%−265−0.9%Reduced
Twin Capital Management Inc28,569$2.47M0.36%−2,160−7.0%Reduced
Mackenzie Financial Corp28,137$2.46M0.00%+146+0.5%Added
Hancock Whitney Corp28,110$2.44M0.10%−20,404−42.1%Reduced
TD Private Client Wealth LLC28,035$2.43M0.11%+4,311+18.2%Added
Jacobs Levy Equity Management, Inc27,847$2.41M0.01%+27,847New
First National Trust Co27,484$2.38M0.11%−74,349−73.0%Reduced
Cubist Systematic Strategies, LLC27,049$2.34M0.03%+26,774+9,736.0%Added
Heritage Investors Management Corp26,460$2.29M0.10%−73−0.3%Reduced
Capital International Inc26,191$2.27M0.04%+4,944+23.3%Added
IFG Advisory, LLC26,044$2.26M0.19%−37−0.1%Reduced
Power Corp of Canada25,606$2.22M0.14%00.0%Unchanged
Seascape Capital Management25,598$2.22M1.05%+353+1.4%Added
Factorial Partners, LLC25,500$2.21M1.61%−15,200−37.3%Reduced
Colony Group LLC25,503$2.21M0.03%+321+1.3%Added
Van Eck Associates Corp25,106$2.17M0.00%+14,615+139.3%Added
Bank of Nova Scotia24,829$2.15M0.01%+2,579+11.6%Added
CIBC Private Wealth Group, LLC24,797$2.15M0.01%−10,059−28.9%Reduced
Glenview Trust Co24,363$2.11M0.06%+130+0.5%Added
NJ State Employees Deferred Compensation Plan24,350$2.11M0.32%00.0%Unchanged