Skip to main content

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
Davenport & Co LLC63,796$7.17M0.05%+49,145+335.4%Added
Creative Planning63,321$7.12M0.01%+4,214+7.1%Added
Glenmede Trust Co NA61,746$6.94M0.04%−644−1.0%Reduced
Smith Chas P & Associates Pa Cpas61,316$6.89M0.45%−284,754−82.3%Reduced
Gunn & Co Investment Management, Inc.61,316$6.89M0.45%+37,114+153.4%Added
Nomura Holdings Inc60,721$6.83M0.06%+60,721New
MetLife Investment Management60,688$6.82M0.05%−1,124−1.8%Reduced
Thompson Investment Management, Inc.58,476$6.57M1.06%−870−1.5%Reduced
Pathstone Holdings, LLC58,152$6.56M0.04%+58,152New
CIBC World Markets Corp57,986$6.52M0.04%+17,842+44.4%Added
Lighthouse Investment Partners, LLC57,627$6.48M0.47%+57,627New
B. Metzler seel. Sohn & Co. AG57,563$6.47M0.08%+15,321+36.3%Added
Commonwealth Equity Services, LLC57,439$6.46M0.01%+1,061+1.9%Added
SYSTM Wealth Solutions LLC57,374$6.45M0.89%+42,660+289.9%Added
Captrust Financial Advisors56,401$6.34M0.02%+336+0.6%Added
Jacobs Levy Equity Management, Inc55,499$6.24M0.03%+27,652+99.3%Added
Cinctive Capital Management LP55,248$6.21M0.43%−80,962−59.4%Reduced
Retirement Systems of Alabama55,109$6.19M0.03%−1,407−2.5%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys54,759$6.15M0.04%+4,503+9.0%Added
IFM Investors Pty Ltd53,373$6.00M0.07%−2,187−3.9%Reduced
Illinois Municipal Retirement Fund52,954$5.95M0.10%−7,427−12.3%Reduced
Texas Permanent School Fund51,629$5.80M0.05%−779−1.5%Reduced
ProShare Advisors LLC51,626$5.80M0.02%−3,424−6.2%Reduced
Capital International Inc51,384$5.78M0.09%+25,193+96.2%Added
Stolper Co50,545$5.68M2.29%+461+0.9%Added
State of Alaska, Department of Revenue50,340$5.66M0.07%−14,550−22.4%Reduced
Salem Investment Counselors Inc50,189$5.64M0.19%−793−1.6%Reduced
Moran Wealth Management, LLC49,658$5.58M0.20%−4,521−8.3%Reduced
Skandinaviska Enskilda Banken AB (publ)48,966$5.50M0.03%+155+0.3%Added
Martin & Co Inc47,932$5.39M1.33%−665−1.4%Reduced
Investment Management Corp of Ontario47,739$5.37M0.13%+5,788+13.8%Added
DnB Asset Management AS47,366$5.32M0.03%−2,109−4.3%Reduced
US Bancorp46,345$5.21M0.01%−50.0%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund45,778$5.14M0.06%−4,400−8.8%Reduced
Unison Advisors LLC44,357$4.99M0.53%+347+0.8%Added
Czech National Bank43,796$4.92M0.07%+110+0.3%Added
Utah Retirement Systems43,235$4.86M0.06%+200+0.5%Added
Schonfeld Strategic Advisors LLC40,870$4.59M0.04%+28,847+239.9%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.40,030$4.50M0.01%+1,325+3.4%Added
Park Avenue Securities LLC39,790$4.47M0.06%+171+0.4%Added
Vaughan David Investments LLC39,416$4.43M0.12%−1,737−4.2%Reduced
Foster & Motley Inc39,225$4.41M0.33%−10,556−21.2%Reduced
State of Tennessee, Treasury Department39,149$4.40M0.02%00.0%Unchanged
Northwestern Mutual Wealth Management Co39,138$4.40M0.00%+8,167+26.4%Added
Tredje AP-fonden39,119$4.40M0.05%−2,798−6.7%Reduced
New York Life Investment Management LLC39,051$4.39M0.04%+95+0.2%Added
Public Sector Pension Investment Board39,041$4.39M0.03%−19,347−33.1%Reduced
Janus Henderson Group PLC38,827$4.36M0.00%+2,306+6.3%Added
Yousif Capital Management, LLC38,667$4.35M0.05%−1,363−3.4%Reduced
Mariner, LLC38,259$4.30M0.01%+375+1.0%Added
IFG Advisory, LLC38,212$4.30M0.31%+12,168+46.7%Added
Wisconsin Capital Management LLC37,590$4.23M2.51%−575−1.5%Reduced
Van Eck Associates Corp37,117$4.17M0.01%+12,011+47.8%Added
King Luther Capital Management Corp36,409$4.09M0.02%−3,332−8.4%Reduced
Mirae Asset Global Investments Co., Ltd.36,012$4.05M0.01%−15,420−30.0%Reduced
PGGM Investments36,004$4.05M0.06%−5,929−14.1%Reduced
CIBC Asset Management Inc34,827$3.91M0.01%−1,522−4.2%Reduced
Tower Research Capital LLC (TRC)34,589$3.89M0.05%+20,629+147.8%Added
M&T Bank Corp34,158$3.84M0.01%+2,442+7.7%Added
Mutual of America Capital Management LLC33,503$3.77M0.04%−13,739−29.1%Reduced
Baker Ellis Asset Management LLC32,812$3.69M0.59%−19−0.1%Reduced
Federation des caisses Desjardins du Quebec32,547$3.66M0.03%+17,945+122.9%Added
Sumitomo Mitsui DS Asset Management Company, Ltd32,487$3.65M0.05%−231−0.7%Reduced
Smith, Graham & Co., Investment Advisors, LP32,431$3.65M0.42%−3,306−9.3%Reduced
Pinnacle Associates Ltd32,386$3.64M0.06%−3,412−9.5%Reduced
Guggenheim Capital LLC32,244$3.62M0.03%−13,165−29.0%Reduced
Cambridge Investment Research Advisors, Inc.32,145$3.61M0.02%+2,777+9.5%Added
Xponance, Inc.31,588$3.55M0.04%−288−0.9%Reduced
ING Groep NV31,508$3.54M0.03%+129+0.4%Added
Lynch & Associates31,224$3.51M0.85%−2,173−6.5%Reduced
Janney Montgomery Scott LLC31,093$3.50M0.01%−13,545−30.3%Reduced
STRS Ohio31,000$3.48M0.01%00.0%Unchanged
Nissay Asset Management Corp30,497$3.43M0.03%+732+2.5%Added
Integrated Wealth Concepts LLC30,292$3.40M0.06%+383+1.3%Added
Callahan Advisors, LLC30,000$3.37M0.39%00.0%Unchanged
Cetera Advisor Networks LLC29,746$3.34M0.02%−1,618−5.2%Reduced
D. E. Shaw & Co., Inc.29,584$3.33M0.00%−179,667−85.9%Reduced
Dana Investment Advisors, Inc.29,405$3.31M0.16%+621+2.2%Added
Signet Financial Management, LLC29,267$3.29M0.49%+636+2.2%Added
British Columbia Investment Management Corp28,781$3.23M0.03%+5,683+24.6%Added
Public Employees Retirement Association of Colorado28,591$3.21M0.01%−463−1.6%Reduced
Robertson Stephens Wealth Management, LLC28,331$3.18M0.20%−4,817−14.5%Reduced
Twin Capital Management Inc27,968$3.14M0.41%−601−2.1%Reduced
Mackenzie Financial Corp27,592$3.10M0.00%−545−1.9%Reduced
JustInvest LLC27,471$3.09M0.08%+9,162+50.0%Added
Cetera Investment Advisers27,144$3.05M0.02%+4,439+19.6%Added
Hancock Whitney Corp26,927$3.03M0.11%−1,183−4.2%Reduced
Seascape Capital Management26,590$2.99M1.26%+992+3.9%Added
Heritage Investors Management Corp26,286$2.96M0.11%−174−0.7%Reduced
TD Private Client Wealth LLC25,606$2.88M0.10%−2,429−8.7%Reduced
Scotia Capital Inc.25,404$2.86M0.02%+9,287+57.6%Added
Saranac Partners Ltd25,352$2.85M1.88%−25,315−50.0%Reduced
Round Hill Asset Management25,313$2.85M1.79%+3,515+16.1%Added
Colony Group, LLC24,748$2.78M0.04%+24,748New
Factorial Partners, LLC24,600$2.77M1.75%−900−3.5%Reduced
CIBC Private Wealth Group, LLC24,486$2.75M0.01%−311−1.3%Reduced
NJ State Employees Deferred Compensation Plan24,350$2.74M0.38%00.0%Unchanged
Weiss Asset Management LP23,627$2.66M0.19%+23,627New
Wolverine Trading, LLC23,588$2.65M0.02%+9,350+65.7%Added
TCTC Holdings, LLC23,522$2.64M0.10%00.0%Unchanged