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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
RFG Advisory, LLC6,433$723.1K0.03%−412−6.0%Reduced
Donoghue Forlines LLC6,542$735.3K0.23%−1,756−21.2%Reduced
Signaturefd, LLC6,589$740.6K0.02%+1,073+19.5%Added
FJ Investments, LLC6,600$741.8K0.04%+6,600New
Kinneret Advisory, LLC6,645$746.9K0.08%−42−0.6%Reduced
Tiemann Investment Advisors, LLC6,652$747.7K0.36%00.0%Unchanged
Summit Financial, LLC6,804$764.7K0.05%−1,593−19.0%Reduced
CIBC World Markets Inc.6,811$766.0K0.00%+1,674+32.6%Added
Denali Advisors LLC6,823$766.9K0.23%00.0%Unchanged
Diversified Trust Co6,834$768.1K0.03%+3,662+115.4%Added
Lido Advisors, LLC6,905$776.1K0.01%+696+11.2%Added
Intrust Bank NA6,933$779.3K0.09%−191−2.7%Reduced
First Horizon Advisors, Inc.7,070$794.7K0.03%+43+0.6%Added
Credit Agricole S A7,075$795.2K0.02%+4,723+200.8%Added
Smith, Moore & Co.7,308$821.4K0.10%−383−5.0%Reduced
Meiji Yasuda Asset Management Co Ltd.7,381$829.6K0.04%+40+0.5%Added
Quantinno Capital Management LP7,386$830.0K0.03%+561+8.2%Added
Diligent Investors, LLC7,387$830.3K0.23%−50−0.7%Reduced
Paradigm Asset Management Co LLC7,459$838.4K0.22%−200−2.6%Reduced
Peapack Gladstone Financial Corp7,687$864.0K0.01%−84−1.1%Reduced
Cornercap Investment Counsel Inc7,754$871.5K0.14%+378+5.1%Added
Northwestern Mutual Investment Management Company, LLC7,915$889.6K0.02%+25+0.3%Added
Nelson, Van Denburg & Campbell Wealth Management Group, LLC7,928$891.2K0.05%+1,899+31.5%Added
GTS Securities LLC7,936$892.0K0.02%−22,127−73.6%Reduced
Birch Capital Management, LLC8,031$902.7K0.52%−83−1.0%Reduced
JBF Capital, Inc.8,100$910.4K0.18%−100−1.2%Reduced
Fulton Bank, N.A.8,151$916.2K0.04%+1,607+24.6%Added
Covenant Partners, LLC8,180$919.4K0.29%00.0%Unchanged
Choate Investment Advisors8,277$930.3K0.03%+2,418+41.3%Added
Flputnam Investment Management Co8,312$934.3K0.02%+5,666+214.1%Added
Polianta Ltd8,400$944.0K0.55%−3,700−30.6%Reduced
Norinchukin Bank, The8,425$947.0K0.02%−264−3.0%Reduced
Stoneridge Investment Partners LLC8,496$955.0K0.40%−14,713−63.4%Reduced
Pitcairn Co8,690$976.8K0.07%+2,029+30.5%Added
Raymond James Trust N.A.8,704$978.3K0.03%−151−1.7%Reduced
Schechter Investment Advisors, LLC8,725$980.7K0.08%+4,538+108.4%Added
Eisler Capital (UK) Ltd.8,728$981.0K0.09%−70,335−89.0%Reduced
Verdence Capital Advisors LLC8,748$983.2K0.10%+355+4.2%Added
Kentucky Retirement Systems Insurance Trust Fund8,909$1.00M0.07%−258−2.8%Reduced
NBC Securities, Inc.9,047$1.02M0.10%+1,104+13.9%Added
Steward Partners Investment Advisory, LLC9,059$1.02M0.01%−392−4.1%Reduced
Tiaa Trust, National Association9,076$1.02M0.00%−587−6.1%Reduced
Advisory Services Network, LLC9,121$1.03M0.03%−559−5.8%Reduced
Chase Investment Counsel Corp9,200$1.03M0.46%+730+8.6%Added
Vista Investment Management9,244$1.04M0.48%+580+6.7%Added
Galvin, Gaustad & Stein, LLC9,329$1.05M0.10%−505−5.1%Reduced
Burns J W & Co Inc9,421$1.06M0.16%00.0%Unchanged
Empirical Finance, LLC9,475$1.06M0.07%−35−0.4%Reduced
Perpetual Ltd9,475$1.06M0.01%+47+0.5%Added
CWM, LLC9,539$1.07M0.01%−70−0.7%Reduced
Principal Securities, Inc.9,547$1.07M0.04%+9,547New
Cohen Klingenstein LLC9,600$1.08M0.04%00.0%Unchanged
Bailard, Inc.9,641$1.08M0.03%−218−2.2%Reduced
Benjamin F. Edwards & Company, Inc.9,755$1.10M0.02%+2,513+34.7%Added
River Street Advisors LLC9,795$1.10M0.88%+301+3.2%Added
Brown Advisory Inc9,856$1.11M0.00%+57+0.6%Added
Sumitomo Life Insurance Co9,859$1.11M0.03%−523−5.0%Reduced
E. Ohman J:or Asset Management AB9,900$1.11M0.04%−2,000−16.8%Reduced
IFG Advisors, LLC9,929$1.12M0.33%00.0%Unchanged
Two Sigma Advisers, LP10,100$1.14M0.00%+10,100New
Savant Capital, LLC10,109$1.14M0.01%+85+0.8%Added
JT Stratford LLC10,123$1.14M0.26%+20+0.2%Added
Metropolitan Life Insurance Co10,177$1.14M0.05%−163−1.6%Reduced
Rowland & Co Investment Counsel10,226$1.15M0.26%−245−2.3%Reduced
Acadian Asset Management LLC10,309$1.16M0.00%+9,302+923.7%Added
Westpac Banking Corp10,338$1.16M0.10%+47+0.5%Added
Lincoln National Corp10,338$1.16M0.02%+1,485+16.8%Added
Umb Bank N A10,353$1.16M0.02%−111−1.1%Reduced
Steel Peak Wealth Management LLC10,659$1.20M0.07%−20,918−66.2%Reduced
Boston Private Wealth LLC10,680$1.20M0.03%+1,568+17.2%Added
L2 Asset Management, LLC10,697$1.20M0.49%+9,963+1,357.4%Added
Old National Bancorp10,792$1.21M0.03%+304+2.9%Added
Sawtooth Solutions, LLC10,874$1.22M0.03%+1,797+19.8%Added
Cyndeo Wealth Partners, LLC11,065$1.24M0.12%+959+9.5%Added
Kestra Private Wealth Services, LLC11,575$1.30M0.03%−27−0.2%Reduced
DRW Securities, LLC11,623$1.31M0.04%−1,673−12.6%Reduced
Clear Harbor Asset Management, LLC11,640$1.31M0.13%−80−0.7%Reduced
Citadel Advisors LLC11,667$1.31M0.00%−1,110,599−99.0%Reduced
Brinker Capital Investments, LLC11,713$1.32M0.02%+2,481+26.9%Added
Orion Portfolio Solutions, LLC11,713$1.32M0.02%+2,481+26.9%Added
DF Dent & Co Inc12,014$1.35M0.02%+211+1.8%Added
Prudential PLC12,126$1.36M0.01%+30.0%Added
Trust Investment Advisors12,150$1.37M1.06%−44−0.4%Reduced
Atria Wealth Solutions, Inc.12,167$1.37M0.02%+2,787+29.7%Added
Strategic Wealth Partners, Ltd.12,456$1.40M0.17%−4,500−26.5%Reduced
Crossmark Global Holdings, Inc.12,477$1.40M0.03%−16,548−57.0%Reduced
Kendall Capital Management12,650$1.42M0.55%+1,180+10.3%Added
Caxton Associates LP12,740$1.43M0.07%+2,210+21.0%Added
Private Advisor Group, LLC12,751$1.43M0.01%+270+2.2%Added
Bessemer Group Inc12,858$1.45M0.00%+1,920+17.6%Added
Epoch Investment Partners, Inc.12,876$1.45M0.01%+2,347+22.3%Added
Cetera Advisors LLC12,878$1.45M0.02%+5,742+80.5%Added
HighPoint Advisor Group LLC11,571$1.45M0.10%+11,571New
SG Americas Securities, LLC12,976$1.46M0.02%−5,800−30.9%Reduced
First Hawaiian Bank13,016$1.46M0.05%+773+6.3%Added
New Mexico Educational Retirement Board13,211$1.49M0.06%00.0%Unchanged
Fifth Third Bancorp13,243$1.49M0.01%−9,489−41.7%Reduced
Affinity Investment Advisors, LLC13,455$1.51M1.03%−543−3.9%Reduced
Intech Investment Management LLC13,663$1.54M0.02%−7,399−35.1%Reduced
Ancora Advisors, LLC13,732$1.54M0.04%−5,119−27.2%Reduced