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
Ethic Inc.22,823$2.57M0.08%+10,815+90.1%Added
Sanibel Captiva Trust Company, Inc.22,624$2.54M0.09%+22,624New
Old Second National Bank of Aurora22,472$2.53M0.70%−446−1.9%Reduced
ORBA Wealth Advisors, L.L.C.22,391$2.52M1.51%+22,391New
Daiwa Securities Group Inc.22,319$2.51M0.02%+999+4.7%Added
Barnett & Company, Inc.22,110$2.49M1.86%−200−0.9%Reduced
AE Wealth Management LLC23,010$2.46M0.01%+10,847+89.2%Added
Elo Mutual Pension Insurance Co21,822$2.45M0.07%+568+2.7%Added
Baird Financial Group, Inc.21,793$2.45M0.01%−2,392−9.9%Reduced
Cresset Asset Management, LLC21,696$2.44M0.01%−1,103−4.8%Reduced
Mercer Global Advisors Inc21,422$2.41M0.01%−943−4.2%Reduced
Glenview Trust Co21,361$2.40M0.06%−3,002−12.3%Reduced
Varma Mutual Pension Insurance Co21,200$2.38M0.03%+21,200New
Loring Wolcott & Coolidge Fiduciary Advisors LLP22,481$2.37M0.02%00.0%Unchanged
Alaska Permanent Fund Corp21,056$2.37M0.04%+656+3.2%Added
Degroof Petercam Asset Management21,000$2.36M0.03%+21,000New
Zacks Investment Management20,911$2.35M0.03%−1,395−6.3%Reduced
LS Investment Advisors, LLC20,844$2.34M0.41%−2,565−11.0%Reduced
Gulf International Bank (UK) Ltd20,800$2.34M0.07%−2,881−12.2%Reduced
Natixis20,479$2.30M0.02%+7,217+54.4%Added
Connors Investor Services Inc20,319$2.28M0.26%00.0%Unchanged
Appleton Partners Inc20,234$2.27M0.18%00.0%Unchanged
Kentucky Retirement Systems20,007$2.25M0.07%−525−2.6%Reduced
Mork Capital Management, LLC20,000$2.25M1.38%00.0%Unchanged
Cynosure Management, LLC19,873$2.23M0.40%+11,879+148.6%Added
Citizens Financial Group Inc19,869$2.23M0.08%+290+1.5%Added
Chicago Partners Investment Group LLC21,890$2.22M0.10%−937−4.1%Reduced
WSFS Capital Management, LLC19,639$2.21M0.14%+3,339+20.5%Added
Oregon Public Employees Retirement Fund19,550$2.20M0.04%+233+1.2%Added
Groupama Asset Managment19,494$2.19M0.06%+19,494New
Kestra Advisory Services, LLC19,412$2.18M0.02%+250+1.3%Added
Gotham Asset Management, LLC19,397$2.18M0.04%+113+0.6%Added
Maryland State Retirement & Pension System19,353$2.18M0.04%00.0%Unchanged
First National Trust Co19,329$2.17M0.10%−8,155−29.7%Reduced
Camelot Portfolios, LLC19,194$2.16M1.28%+4,543+31.0%Added
Sequoia Financial Advisors, LLC19,050$2.14M0.03%+12,969+213.3%Added
Shell Asset Management Co19,036$2.14M0.10%−3,395−15.1%Reduced
Bell & Brown Wealth Advisors, LLC18,801$2.11M0.98%+18,801New
QRG Capital Management, Inc.18,641$2.10M0.03%+1,408+8.2%Added
Duncker Streett & Co Inc18,491$2.08M0.44%−21,042−53.2%Reduced
North Star Asset Management Inc18,256$2.05M0.10%−3,085−14.5%Reduced
Wealthfront Advisers LLC17,611$1.98M0.01%−110−0.6%Reduced
Van Hulzen Asset Management, LLC17,582$1.98M0.14%+1,700+10.7%Added
BlueMar Capital Management, LLC17,500$1.97M2.97%+17,500New
Teacher Retirement System of Texas17,487$1.97M0.01%−35,894−67.2%Reduced
Ferguson Wellman Capital Management, Inc17,295$1.94M0.04%−272−1.5%Reduced
Hartford Investment Management Co16,885$1.90M0.07%−188−1.1%Reduced
Pacer Advisors, Inc.16,772$1.89M0.01%−51,185−75.3%Reduced
Malaga Cove Capital, LLC16,651$1.87M0.79%−69−0.4%Reduced
RBF Capital, LLC16,500$1.85M0.12%00.0%Unchanged
Assetmark, Inc16,465$1.85M0.01%+59+0.4%Added
Griffin Asset Management, Inc.16,201$1.82M0.23%−90−0.6%Reduced
Keeley-Teton Advisors, LLC16,170$1.82M0.23%−1,190−6.9%Reduced
Atria Investments LLC16,004$1.80M0.03%+16,004New
GWM Advisors LLC17,652$1.80M0.02%+3,004+20.5%Added
United Capital Financial Advisers, LLC15,918$1.79M0.01%+8,966+129.0%Added
Empowered Funds, LLC15,912$1.79M0.04%−1,628−9.3%Reduced
Securian Asset Management, Inc15,745$1.77M0.05%−2,190−12.2%Reduced
Quadrature Capital Ltd15,640$1.76M0.03%−35,421−69.4%Reduced
Neuberger Berman Group LLC15,498$1.74M0.00%+609+4.1%Added
Alberta Investment Management Corp15,450$1.74M0.02%+5,550+56.1%Added
Veriti Management LLC15,152$1.70M0.15%+1,277+9.2%Added
Louisiana State Employees Retirement System15,100$1.70M0.04%−400−2.6%Reduced
Atlantic Union Bankshares Corp15,012$1.69M0.16%+1,770+13.4%Added
Ziegler Capital Management, LLC14,964$1.68M0.08%−428−2.8%Reduced
D.A. Davidson & Co.14,783$1.66M0.02%+10,418+238.7%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main14,718$1.65M0.00%00.0%Unchanged
Advisors Capital Management, LLC14,698$1.65M0.03%−2,882−16.4%Reduced
Mesirow Financial Investment Management, Inc.14,640$1.65M0.06%+14,640New
OV Management LLC14,400$1.62M1.34%+14,400New
Cumberland Partners Ltd18,636$1.61M0.15%−665−3.4%Reduced
Stock Yards Bank & Trust Co14,354$1.61M0.06%−273−1.9%Reduced
Eagle Bluffs Wealth Management LLC14,274$1.60M1.09%+286+2.0%Added
Banque Cantonale Vaudoise14,022$1.58M0.07%+2,149+18.1%Added
Moody Aldrich Partners LLC13,923$1.56M0.28%00.0%Unchanged
Maven Securities LTD13,889$1.56M0.18%+13,889New
iA Global Asset Management Inc.13,891$1.56M0.04%−7,458−34.9%Reduced
Metis Global Partners, LLC13,839$1.56M0.06%+1,041+8.1%Added
Ancora Advisors, LLC13,732$1.54M0.04%−5,119−27.2%Reduced
Intech Investment Management LLC13,663$1.54M0.02%−7,399−35.1%Reduced
Affinity Investment Advisors, LLC13,455$1.51M1.03%−543−3.9%Reduced
Fifth Third Bancorp13,243$1.49M0.01%−9,489−41.7%Reduced
New Mexico Educational Retirement Board13,211$1.49M0.06%00.0%Unchanged
First Hawaiian Bank13,016$1.46M0.05%+773+6.3%Added
SG Americas Securities, LLC12,976$1.46M0.02%−5,800−30.9%Reduced
HighPoint Advisor Group LLC11,571$1.45M0.10%+11,571New
Cetera Advisors LLC12,878$1.45M0.02%+5,742+80.5%Added
Epoch Investment Partners, Inc.12,876$1.45M0.01%+2,347+22.3%Added
Bessemer Group Inc12,858$1.45M0.00%+1,920+17.6%Added
Private Advisor Group, LLC12,751$1.43M0.01%+270+2.2%Added
Caxton Associates LP12,740$1.43M0.07%+2,210+21.0%Added
Kendall Capital Management12,650$1.42M0.55%+1,180+10.3%Added
Crossmark Global Holdings, Inc.12,477$1.40M0.03%−16,548−57.0%Reduced
Strategic Wealth Partners, Ltd.12,456$1.40M0.17%−4,500−26.5%Reduced
Atria Wealth Solutions, Inc.12,167$1.37M0.02%+2,787+29.7%Added
Trust Investment Advisors12,150$1.37M1.06%−44−0.4%Reduced
Prudential PLC12,126$1.36M0.01%+30.0%Added
DF Dent & Co Inc12,014$1.35M0.02%+211+1.8%Added
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