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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, Q1 2024

Institutional positions in Discover Financial Services as of Mar 31, 2024. 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
1,036
+73 vs. Q4 2023
Shares held
213.3M
−3.49M (−1.6%) vs. Q4 2023
Total value
$27.9B
+$3.55B (+14.6%) vs. Q4 2023
New holders
160
287 more added
Sold out
87
400 more reduced

16 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2024: 1,036 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 heldQ1 2024: $27.9B
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, Q1 2024

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q4 2023.

Institutions holding DFS in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Retirement Systems of Alabama55,190$7.23M0.03%+81+0.1%Added
Smith Chas P & Associates Pa Cpas55,494$7.27M0.44%−5,822−9.5%Reduced
Caisse de Depot Et Placement du Quebec56,000$7.34M0.02%+56,000New
Commonwealth Equity Services, LLC56,363$7.39M0.01%−1,076−1.9%Reduced
Dana Investment Advisors, Inc.57,238$7.50M0.25%+27,833+94.7%Added
SEI Investments Co58,248$7.64M0.01%−37,637−39.3%Reduced
Thompson Investment Management, Inc.58,382$7.65M1.16%−94−0.2%Reduced
MetLife Investment Management58,536$7.67M0.05%−2,152−3.5%Reduced
Caxton Associates LP58,672$7.69M0.52%+45,932+360.5%Added
Mount Yale Investment Advisors, LLC60,376$7.91M0.61%−19,454−24.4%Reduced
Amalgamated Bank60,519$7.93M0.07%−8,953−12.9%Reduced
Coronation Fund Managers Ltd.60,737$7.96M0.22%−6,273−9.4%Reduced
Handelsbanken Fonder AB61,417$8.05M0.03%−2,794−4.4%Reduced
Capital International Inc61,747$8.09M0.11%+10,363+20.2%Added
Skandinaviska Enskilda Banken AB (publ)61,966$8.12M0.04%+13,000+26.5%Added
Janus Henderson Group PLC62,529$8.20M0.00%+23,702+61.0%Added
Wealth Enhancement Advisory Services, LLC62,702$8.22M0.02%−2,100−3.2%Reduced
DekaBank Deutsche Girozentrale65,101$8.26M0.02%−3,210−4.7%Reduced
Creative Planning63,053$8.27M0.01%−268−0.4%Reduced
CIBC World Markets Corp63,447$8.32M0.05%+5,461+9.4%Added
Walleye Capital LLC63,528$8.33M0.09%−172,559−73.1%Reduced
HighTower Advisors, LLC64,543$8.47M0.01%−67−0.1%Reduced
Forsta Ap-Fonden64,700$8.48M0.07%−31,100−32.5%Reduced
Glenmede Trust Co NA65,160$8.54M0.04%+3,414+5.5%Added
Envestnet Portfolio Solutions, Inc.65,483$8.58M0.03%−323−0.5%Reduced
Jane Street Group, LLC65,623$8.60M0.01%−1,837−2.7%Reduced
Pathstone Holdings, LLC65,626$8.60M0.04%+7,474+12.9%Added
American International Group, Inc.66,701$8.74M0.03%−480−0.7%Reduced
Susquehanna International Group, LLP67,963$8.91M0.01%−60,797−47.2%Reduced
Comerica Bank68,007$8.92M0.04%−28,010−29.2%Reduced
State of Michigan Retirement System68,501$8.98M0.05%00.0%Unchanged
Arizona State Retirement System68,778$9.02M0.06%+83+0.1%Added
Cetera Investment Advisers68,990$9.04M0.02%+41,846+154.2%Added
Eldred Rock Partners, LLC73,636$9.65M5.26%+941+1.3%Added
USS Investment Management Ltd74,467$9.76M0.08%+1,879+2.6%Added
Aequim Alternative Investments LP75,000$9.83M0.37%+75,000New
First Trust Investment Solutions L.P.76,919$10.1M1.78%−3,398−4.2%Reduced
Winmill & Co. Inc77,500$10.2M2.89%00.0%Unchanged
Alley Investment Management Company, LLC77,570$10.2M1.40%−445−0.6%Reduced
Andra AP-fonden79,100$10.4M0.18%+79,100New
Voya Investment Management LLC81,073$10.6M0.01%−2,859−3.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.81,106$10.6M0.12%−2,466−3.0%Reduced
Bokf, NA85,196$11.0M0.20%+5,129+6.4%Added
Cinctive Capital Management LP84,149$11.0M0.57%+28,901+52.3%Added
Resona Asset Management Co.,Ltd.84,393$11.1M0.07%+84,393New
Vontobel Holding Ltd.88,365$11.6M0.09%−360.0%Reduced
TD Asset Management Inc90,707$11.9M0.01%+1,342+1.5%Added
Rafferty Asset Management, LLC91,205$12.0M0.04%−1,393−1.5%Reduced
Cambria Investment Management, L.P.93,517$12.3M0.73%+16,987+22.2%Added
CSM Advisors, LLC95,321$12.5M0.82%+1,495+1.6%Added
Busey Wealth Management95,706$12.5M0.45%−1,592−1.6%Reduced
Asset Management One Co.,Ltd.95,857$12.6M0.05%−6,695−6.5%Reduced
Westwood Holdings Group Inc.96,766$12.7M0.10%+96,766New
Royal London Asset Management Ltd98,252$12.9M0.03%−1,851−1.8%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys99,049$13.0M0.09%+44,290+80.9%Added
One Fin Capital Management LP100,000$13.1M4.48%+100,000New
Mn Services Vermogensbeheer B.V.101,100$13.3M0.10%−21,800−17.7%Reduced
Swedbank AB101,625$13.3M0.02%+2,649+2.7%Added
Forge First Asset Management Inc.101,770$13.3M4.19%+101,770New
Schonfeld Strategic Advisors LLC102,557$13.4M0.11%+61,687+150.9%Added
14B Captial Management LP107,000$14.0M6.62%+107,000New
Standard Life Aberdeen plc108,147$14.2M0.03%+1,276+1.2%Added
Nomura Asset Management Co Ltd109,460$14.3M0.05%+1,581+1.5%Added
Holocene Advisors, LP111,582$14.6M0.05%−543,843−83.0%Reduced
Verition Fund Management LLC112,936$14.8M0.14%+108,480+2,434.5%Added
State of Tennessee, Treasury Department113,895$14.9M0.06%+74,746+190.9%Added
Public Employees Retirement System of Ohio115,635$15.2M0.06%−10,230−8.1%Reduced
Basswood Capital Management, L.L.C.117,792$15.4M0.90%−28,716−19.6%Reduced
Calamos Advisors LLC117,927$15.5M0.08%−2,966−2.5%Reduced
LPL Financial LLC119,000$15.6M0.01%−38,513−24.5%Reduced
Leeward Investments, LLC - MA119,470$15.7M0.69%+55,630+87.1%Added
JPB Foundation119,629$15.7M1.71%00.0%Unchanged
Varma Mutual Pension Insurance Co120,500$15.8M0.14%+99,300+468.4%Added
Westchester Capital Management, LLC124,127$16.3M0.69%+124,127New
Nisa Investment Advisors, LLC124,379$16.3M0.11%+1,901+1.6%Added
NewEdge Wealth, LLC131,382$16.4M0.37%−35,085−21.1%Reduced
Man Group plc125,863$16.5M0.04%−88,049−41.2%Reduced
Taconic Capital Advisors LP127,400$16.7M2.14%+127,400New
Bank of Nova Scotia128,056$16.8M0.03%−205,479−61.6%Reduced
Pictet Asset Management Holding SA128,097$16.8M0.02%−1,430−1.1%Reduced
Melqart Asset Management (UK) Ltd128,471$16.8M1.25%+128,471New
New York Life Investment Management LLC130,130$17.1M0.17%+91,079+233.2%Added
Danske Bank A/S134,236$17.6M0.06%+134,236New
Penserra Capital Management LLC135,511$17.8M0.22%+133,246+5,882.8%Added
Samlyn Capital, LLC138,187$18.1M0.31%+138,187New
Chevy Chase Trust Holdings, Inc.138,676$18.2M0.06%−1,040−0.7%Reduced
Seizert Capital Partners, LLC140,621$18.4M0.85%−2,518−1.8%Reduced
Stifel Financial Corp141,405$18.5M0.02%−42,646−23.2%Reduced
Storebrand Asset Management AS142,004$18.6M0.06%−26,951−16.0%Reduced
Treasurer of the State of North Carolina142,696$18.7M0.08%+875+0.6%Added
Raymond James Financial Services Advisors, Inc.142,944$18.7M0.03%−14,002−8.9%Reduced
State of New Jersey Common Pension Fund D143,837$18.9M0.06%00.0%Unchanged
Brandywine Global Investment Management, LLC144,923$19.0M0.14%−328,297−69.4%Reduced
CBOE Vest Financial, LLC145,824$19.1M0.51%+24,071+19.8%Added
Toronto Dominion Bank146,177$19.2M0.03%+2,951+2.1%Added
State of Wisconsin Investment Board150,774$19.8M0.05%−14,867−9.0%Reduced
Citigroup Inc152,332$20.0M0.02%+19,417+14.6%Added
Carlson Capital L P155,000$20.3M1.65%+155,000New
Farallon Capital Management, L.L.C.160,000$21.0M0.12%+160,000New
Governors Lane LP163,400$21.4M3.44%+163,400New