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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
Adage Capital Partners GP, L.L.C.242,838$27.3M0.06%+34,400+16.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)242,060$27.2M0.10%−1,213−0.5%Reduced
Teachers Retirement System of the State of Kentucky241,998$27.2M0.25%+217,716+896.6%Added
Deroy & Devereaux Private Investment Counsel Inc241,904$27.2M1.81%−3,436−1.4%Reduced
Associated Banc-Corp238,547$26.8M0.93%−3,595−1.5%Reduced
Walleye Capital LLC236,087$26.5M0.37%−17,476−6.9%Reduced
MML Investors Services, LLC235,231$26.4M0.12%+26,142+12.5%Added
Burney Co228,611$25.7M1.08%−2,803−1.2%Reduced
Gateway Investment Advisers LLC224,424$25.2M0.29%−6,720−2.9%Reduced
Prudential Financial Inc231,273$25.1M0.04%−36,201−13.5%Reduced
Todd Asset Management LLC221,099$24.9M0.55%+221,099New
Twin Tree Management, LP218,954$24.6M0.44%+169,893+346.3%Added
Point72 Europe (London) LLP215,964$24.3M3.04%+52,733+32.3%Added
Man Group plc213,912$24.0M0.07%––
The PNC Financial Services Group, Inc.207,473$23.3M0.02%−7,431−3.5%Reduced
Russell Investments Group, Ltd.202,620$22.8M0.04%+17,171+9.3%Added
HST Ventures, LLC200,590$22.5M7.96%−262,757−56.7%Reduced
New York State Common Retirement Fund189,808$21.3M0.03%−23,589−11.1%Reduced
Natixis Advisors, L.P.184,851$20.8M0.05%+102,380+124.1%Added
Stifel Financial Corp184,051$20.7M0.03%+18,972+11.5%Added
Keybank National Association183,243$20.6M0.09%−1,087−0.6%Reduced
United Services Automobile Association176,606$19.9M0.44%+1,554+0.9%Added
Storebrand Asset Management AS168,955$19.0M0.07%−8,504−4.8%Reduced
Advisor Group Holdings, Inc.168,361$19.0M0.03%−104,806−38.4%Reduced
NewEdge Wealth, LLC166,467$18.7M0.48%+50,247+43.2%Added
State of Wisconsin Investment Board165,641$18.6M0.05%−31,261−15.9%Reduced
Bridgewater Associates, LP158,744$17.8M0.10%+25,136+18.8%Added
LPL Financial LLC157,513$17.7M0.01%+38,023+31.8%Added
Raymond James Financial Services Advisors, Inc.156,946$17.6M0.03%−2,806−1.8%Reduced
Canada Pension Plan Investment Board154,600$17.4M0.02%−10,700−6.5%Reduced
Basswood Capital Management, L.L.C.146,508$16.5M1.06%−15,406−9.5%Reduced
State of New Jersey Common Pension Fund D143,837$16.2M0.05%00.0%Unchanged
Toronto Dominion Bank143,226$16.1M0.02%+16,009+12.6%Added
Seizert Capital Partners, LLC143,139$16.1M0.82%−37,915−20.9%Reduced
Treasurer of the State of North Carolina141,821$15.9M0.08%+1,240+0.9%Added
Chevy Chase Trust Holdings, Inc.139,716$15.7M0.06%−812−0.6%Reduced
Pinebridge Investments, L.P.137,529$15.5M0.14%−8,553−5.9%Reduced
Citigroup Inc132,915$14.9M0.02%−27,725−17.3%Reduced
Candriam Luxembourg S.C.A.131,775$14.8M0.10%−7,553−5.4%Reduced
Pictet Asset Management Holding SA129,527$14.6M0.02%−2,121−1.6%Reduced
Susquehanna International Group, LLP128,760$14.5M0.02%+23,001+21.7%Added
Public Employees Retirement System of Ohio125,865$14.1M0.06%+902+0.7%Added
Mn Services Vermogensbeheer B.V.122,900$13.8M0.12%−600−0.5%Reduced
Nisa Investment Advisors, LLC122,478$13.8M0.10%−6,737−5.2%Reduced
CBOE Vest Financial, LLC121,753$13.7M0.51%+19,283+18.8%Added
Calamos Advisors LLC120,893$13.6M0.07%−1,579−1.3%Reduced
JPB Foundation119,629$13.4M1.44%+119,629New
Swiss Life Asset Management Ltd119,198$13.4M0.16%+67,103+128.8%Added
Copeland Capital Management, LLC116,487$13.1M0.26%−3,173−2.7%Reduced
Nomura Asset Management Co Ltd107,879$12.1M0.05%+6,394+6.3%Added
Rivermont Capital Management LP107,308$12.1M4.93%+107,308New
Standard Life Aberdeen plc106,871$12.0M0.03%+43,815+69.5%Added
Asset Management One Co.,Ltd.102,552$11.5M0.05%−2,908−2.8%Reduced
Blair William & Co101,182$11.4M0.04%−587−0.6%Reduced
Royal London Asset Management Ltd100,103$11.3M0.03%+3,041+3.1%Added
Swedbank AB98,976$11.1M0.02%+11,906+13.7%Added
Healthcare of Ontario Pension Plan Trust Fund98,794$11.1M0.04%+98,794New
Busey Wealth Management97,298$10.9M0.42%−772−0.8%Reduced
Comerica Bank96,017$10.8M0.05%+204+0.2%Added
SEI Investments Co95,885$10.8M0.02%+1,624+1.7%Added
Forsta Ap-Fonden95,800$10.8M0.11%+49,900+108.7%Added
Prana Capital Management, LP95,691$10.8M0.63%+29,226+44.0%Added
CSM Advisors, LLC93,826$10.5M0.76%−2,115−2.2%Reduced
Rafferty Asset Management, LLC92,598$10.4M0.04%+5,131+5.9%Added
Capital Fund Management S.A.91,080$10.2M0.13%+91,080New
TD Asset Management Inc89,365$10.0M0.01%+6,099+7.3%Added
Vontobel Holding Ltd.88,401$9.94M0.08%00.0%Unchanged
Voya Investment Management LLC83,932$9.43M0.01%−4,119−4.7%Reduced
Walleye Trading LLC83,648$9.40M0.14%+76,233+1,028.1%Added
Banco Bilbao Vizcaya Argentaria, S.A.83,572$9.39M0.11%−3,973−4.5%Reduced
National Bank of Canada83,633$9.39M0.02%−127,420−60.4%Reduced
Federated Hermes, Inc.81,239$9.13M0.02%−708−0.9%Reduced
First Trust Investment Solutions L.P.80,317$9.03M1.88%+80,317New
Bokf, NA80,067$9.00M0.18%+7,699+10.6%Added
Mount Yale Investment Advisors, LLC79,830$8.97M0.85%+71,167+821.5%Added
Vision Capital Management, Inc.79,787$8.97M1.40%+100+0.1%Added
Oppenheimer & Co Inc78,469$8.82M0.16%−4,350−5.3%Reduced
Alley Investment Management Company, LLC78,015$8.77M1.28%−975−1.2%Reduced
Winmill & Co. Inc77,500$8.71M2.79%00.0%Unchanged
Cambria Investment Management, L.P.76,530$8.60M0.60%+9,011+13.3%Added
Eldred Rock Partners, LLC72,695$8.17M5.20%+72,695New
USS Investment Management Ltd72,588$8.16M0.07%+1,374+1.9%Added
Squarepoint Ops LLC70,202$7.89M0.03%−51,325−42.2%Reduced
Commerce Bank70,132$7.88M0.06%−987−1.4%Reduced
Amalgamated Bank69,472$7.81M0.06%−680−1.0%Reduced
Franklin Resources Inc68,990$7.75M0.00%−1,555−2.2%Reduced
Jefferies Financial Group Inc.68,721$7.72M0.12%+63,390+1,189.1%Added
Arizona State Retirement System68,695$7.72M0.06%−587−0.8%Reduced
State of Michigan Retirement System68,501$7.70M0.05%00.0%Unchanged
Tudor Investment Corp Et Al67,849$7.63M0.11%−135,188−66.6%Reduced
DekaBank Deutsche Girozentrale68,311$7.62M0.02%−8,948−11.6%Reduced
Jane Street Group, LLC67,460$7.58M0.01%+5,396+8.7%Added
American International Group, Inc.67,181$7.55M0.03%+40.0%Added
Coronation Fund Managers Ltd.67,010$7.53M0.21%−19,804−22.8%Reduced
Envestnet Portfolio Solutions, Inc.65,806$7.40M0.03%+3,135+5.0%Added
Sheaff Brock Investment Advisors, LLC65,379$7.35M0.66%−401−0.6%Reduced
Wealth Enhancement Advisory Services, LLC64,802$7.28M0.02%+1,541+2.4%Added
HighTower Advisors, LLC64,610$7.25M0.01%−2,928−4.3%Reduced
Handelsbanken Fonder AB64,211$7.22M0.04%−32,955−33.9%Reduced
Leeward Investments, LLC - MA63,840$7.18M0.34%+63,840New