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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, Q4 2023

Institutional positions in Discover Financial Services as of Dec 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
979
+88 vs. Q3 2023
Shares held
217.6M
+7.61M (+3.6%) vs. Q3 2023
Total value
$24.4B
+$6.21B (+34.1%) vs. Q3 2023
New holders
170
307 more added
Sold out
82
338 more reduced

17 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 979 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 heldQ4 2023: $24.4B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q3 2023.

Institutions holding DFS in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc32,331,025$3.63B0.08%−24,560−0.1%Reduced
Capital World Investors20,626,209$2.32B0.41%−497,926−2.4%Reduced
BlackRock Inc.18,704,918$2.10B0.05%+690,906+3.8%Added
State Street Corp10,585,849$1.19B0.06%+461,627+4.6%Added
Boston Partners9,072,829$1.02B1.35%+475,579+5.5%Added
FMR LLC6,659,323$748.5M0.06%+972,475+17.1%Added
Geode Capital Management, LLC5,631,713$632.5M0.07%+147,427+2.7%Added
Morgan Stanley4,438,487$498.9M0.04%+47,874+1.1%Added
Dimensional Fund Advisors LP3,655,558$410.9M0.12%+217,475+6.3%Added
Norges Bank2,866,541$322.2M0.06%−1,0040.0%Reduced
Brave Warrior Advisors, LLC2,633,167$296.0M7.06%+251,909+10.6%Added
Barclays PLC2,540,118$285.5M0.15%−7,280−0.3%Reduced
Northern Trust Corp2,516,433$282.8M0.05%−61,620−2.4%Reduced
Marshfield Associates2,476,618$278.4M5.65%+1,117,736+82.3%Added
Invesco Ltd.2,280,203$256.3M0.06%+46,879+2.1%Added
Southpoint Capital Advisors LP2,200,000$247.3M5.31%−230,700−9.5%Reduced
Envestnet Asset Management Inc2,122,824$238.6M0.10%+803,738+60.9%Added
Bank of New York Mellon Corp2,102,419$236.3M0.05%+196,520+10.3%Added
First Trust Advisors LP2,027,971$227.9M0.25%−23,223−1.1%Reduced
Truist Financial Corp2,027,686$227.9M0.36%+1,430,637+239.6%Added
Nuveen Asset Management, LLC1,976,783$222.2M0.07%+121,020+6.5%Added
JPMorgan Chase & Co1,906,259$214.3M0.02%+123,840+6.9%Added
LSV Asset Management1,812,449$203.7M0.44%−109,500−5.7%Reduced
Primecap Management Co1,794,919$201.7M0.16%−34,020−1.9%Reduced
Goldman Sachs Group Inc1,711,999$192.4M0.04%−458,042−21.1%Reduced
Legal & General Group Plc1,704,254$191.6M0.06%−77,491−4.3%Reduced
Charles Schwab Investment Management Inc1,651,468$185.6M0.05%+64,755+4.1%Added
Capital International Investors1,617,828$181.8M0.04%−4,807−0.3%Reduced
Turtle Creek Asset Management Inc.1,450,400$163.0M4.30%−166,900−10.3%Reduced
Deutsche Bank AG1,424,619$160.1M0.08%+267,690+23.1%Added
Rockefeller Capital Management L.P.1,416,714$159.2M0.53%−57,415−3.9%Reduced
Cooke & Bieler LP1,339,198$150.5M1.33%+220,728+19.7%Added
Principal Financial Group Inc1,312,058$147.5M0.09%−85,060−6.1%Reduced
Hotchkis & Wiley Capital Management LLC1,263,960$142.1M0.51%−10,960−0.9%Reduced
Price T Rowe Associates Inc1,257,086$141.3M0.02%+506,801+67.5%Added
Macquarie Group Ltd1,246,393$140.1M0.16%+221,644+21.6%Added
AustralianSuper Pty Ltd1,176,384$132.2M0.79%+319,697+37.3%Added
AQR Capital Management LLC1,168,260$131.3M0.25%+34,476+3.0%Added
UBS Asset Management Americas Inc1,162,222$130.6M0.05%−31,778−2.7%Reduced
Alyeska Investment Group, L.P.1,158,885$130.3M0.88%+174,625+17.7%Added
Massachusetts Financial Services Co1,077,516$121.1M0.04%+1,077,516New
HSBC Holdings PLC1,055,440$118.7M0.11%+17,181+1.7%Added
Royal Bank of Canada1,007,735$113.3M0.03%+354,550+54.3%Added
Bank of America Corp998,473$112.2M0.01%−49,765−4.7%Reduced
Ameriprise Financial Inc991,495$111.5M0.03%+4370.0%Added
Eminence Capital, LP981,555$110.3M2.15%−362,420−27.0%Reduced
Allspring Global Investments Holdings, LLC916,367$103.0M0.17%+16,532+1.8%Added
Point72 Asset Management, L.P.803,910$90.4M0.27%+191,714+31.3%Added
Swiss National Bank781,590$87.9M0.06%−35,300−4.3%Reduced
Palestra Capital Management LLC732,824$82.4M4.09%−212,176−22.5%Reduced
Allianz Asset Management GmbH676,885$76.1M0.14%−191,228−22.0%Reduced
Victory Capital Management Inc668,666$75.2M0.08%+186,531+38.7%Added
Holocene Advisors, LP655,425$73.7M0.29%+548,300+511.8%Added
Canoe Financial LP642,930$72.3M1.42%+642,930New
UBS Group AG630,105$70.8M0.03%−153,740−19.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.622,753$70.0M0.05%−13,716−2.2%Reduced
Amundi625,940$69.7M0.03%+83,679+15.4%Added
CI Private Wealth, LLC611,734$68.8M0.13%+170.0%Added
APG Asset Management N.V.673,990$68.6M0.13%+595+0.1%Added
Rathbone Brothers plc514,282$57.8M0.37%+45,914+9.8%Added
Rhumbline Advisers512,400$57.6M0.06%−13,727−2.6%Reduced
Assenagon Asset Management S.A.493,254$55.4M0.17%+34,899+7.6%Added
Manufacturers Life Insurance Company, The490,874$55.2M0.03%+6,243+1.3%Added
California Public Employees Retirement System480,366$54.0M0.04%−19,573−3.9%Reduced
Brandywine Global Investment Management, LLC473,220$53.2M0.43%+101,336+27.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC472,576$53.1M0.23%−14,825−3.0%Reduced
Bank of Montreal467,337$52.6M0.03%+54,929+13.3%Added
Ensign Peak Advisors, Inc463,551$52.1M0.10%+127,109+37.8%Added
M&G Investment Management Ltd452,032$50.6M0.30%+63,829+16.4%Added
Thrivent Financial for Lutherans449,337$50.5M0.11%−2,124−0.5%Reduced
Credit Suisse AG435,932$49.0M0.05%−7,672−1.7%Reduced
Wells Fargo & Company406,092$45.6M0.01%+31,354+8.4%Added
National Pension Service403,923$45.4M0.06%00.0%Unchanged
Wedge Capital Management L L P387,694$43.6M0.78%−10,643−2.7%Reduced
Nordea Investment Management AB386,074$43.5M0.06%−703,408−64.6%Reduced
Bruni J V & Co386,480$43.4M5.39%−504−0.1%Reduced
Alliancebernstein L.P.385,571$43.3M0.02%+21,730+6.0%Added
Robeco Institutional Asset Management B.V.373,262$42.0M0.10%−91,784−19.7%Reduced
California State Teachers Retirement System367,908$41.4M0.06%−12,770−3.4%Reduced
KBC Group NV367,178$41.3M0.15%−9,328−2.5%Reduced
Balyasny Asset Management LLC363,692$40.9M0.11%+360,818+12,554.6%Added
Khrom Capital Management LLC355,807$40.0M12.56%−19,556−5.2%Reduced
Waters Parkerson & Co., LLC353,477$39.7M2.20%−6,696−1.9%Reduced
Raymond James & Associates339,717$38.2M0.03%+72,452+27.1%Added
Bank of Nova Scotia333,535$37.5M0.07%+308,706+1,243.3%Added
Mitsubishi UFJ Trust & Banking Corp331,443$37.3M0.09%−15,756−4.5%Reduced
Great West Life Assurance Co317,710$35.5M0.08%+44,618+16.3%Added
Los Angeles Capital Management LLC306,309$34.4M0.13%+306,309New
O'Shaughnessy Asset Management, LLC303,835$34.2M0.45%−29,169−8.8%Reduced
New York State Teachers Retirement System298,317$33.5M0.07%−12,556−4.0%Reduced
Korea Investment CORP295,786$33.2M0.09%−33,911−10.3%Reduced
American Century Companies Inc290,708$32.7M0.02%+73,713+34.0%Added
Schroder Investment Management Group280,213$31.5M0.04%−167,290−37.4%Reduced
Marshall Wace, LLP279,477$31.4M0.06%+279,477New
BNP Paribas Arbitrage, SA278,041$31.3M0.06%+27,710+11.1%Added
State Board of Administration of Florida Retirement System277,700$31.2M0.07%−9,756−3.4%Reduced
Putnam Investments LLC273,172$30.7M0.04%−51,493−15.9%Reduced
Cerity Partners LLC261,297$29.4M0.10%+18,225+7.5%Added
Aviva PLC246,998$27.8M0.10%+116,837+89.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.250,323$27.7M0.05%+10,858+4.5%Added