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Discover Financial Services

DFSDelisted
Industry
Personal Credit Institutions
SEC CIK
0001393612

Discover Financial Services was delisted in 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 $37.5B in total; superinvestors Third Point and Maverick Capital held it.

13F holders, Q2 2025

Institutional positions in Discover Financial Services as of Jun 30, 2025. 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

DFS is no longer listed, and 13F filings after Q1 2025 list far fewer holders. See Q1 2025

Institutional holders
10
−1,153 vs. Q1 2025
Shares held
104.4K
−218.2M (−100.0%) vs. Q1 2025
Total value
$15.3M
−$37.2B (−100.0%) vs. Q1 2025
New holders
1
2 more added
Sold out
1,154
5 more reduced

13 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 10 institutions
Q1 2021: 898 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: 3 institutionsQ4 2025: 2 institutionsQ1 2026: 4 institutionsQ2 2026: 1 institution
Value heldQ2 2025: $15.3M
Q1 2021: $24.9BQ2 2021: $30.6BQ3 2021: $30.8BQ4 2021: $28.4BQ1 2022: $26.1BQ2 2022: $21.8BQ3 2022: $20.7BQ4 2022: $21.9BQ1 2023: $21.9BQ2 2023: $24.7BQ3 2023: $18.3BQ4 2023: $25.2BQ1 2024: $29.4BQ2 2024: $28.0BQ3 2024: $30.2BQ4 2024: $37.7BQ1 2025: $37.5BQ2 2025: $15.3MQ3 2025: $4.45MQ4 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 20253$4.45M
Q2 202510$15.3M
Q1 20251,176$37.5B
Q4 20241,173$37.7B
Q3 20241,061$30.2B
Q2 20241,030$28.0B
Q1 20241,036$29.4B
Q4 2023979$25.2B
Q3 2023908$18.3B
Q2 2023975$24.7B
Q1 2023958$21.9B
Q4 2022980$21.9B
Q3 2022927$20.7B
Q2 2022944$21.8B
Q1 2022953$26.1B
Q4 2021983$28.4B
Q3 2021946$30.8B
Q2 2021927$30.6B
Q1 2021898$24.9B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q1 2025.

Institutions holding DFS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
DekaBank Deutsche Girozentrale61,765$8.64M0.02%−3,336−5.1%Reduced
Advisor Group Holdings, Inc.17,839$1.95M0.00%−20,971−54.0%Reduced
Dynasty Wealth Management, LLC9,628$1.93M0.03%−1,818−15.9%Reduced
Kestra Investment Management, LLC6,448$1.10M0.02%00.0%Unchanged
Van Eck Associates Corp5,408$1.08M0.00%−24,876−82.1%Reduced
IFP Advisors, Inc2,668$553.5K0.02%+824+44.7%Added
Sunbelt Securities, Inc.315$54.6K0.00%+9+2.9%Added
Oliver Lagore Vanvalin Investment Group188$32.1K0.01%+188New
Huntington National Bank1$2000.00%−3,453−100.0%Reduced
Close Asset Management Ltd100$00.00%00.0%Unchanged
Vanguard Group Inc0$00.00%−31,151,624−100.0%Sold out
Capital World Investors0$00.00%−20,688,885−100.0%Sold out
BlackRock, Inc.0$00.00%−20,590,789−100.0%Sold out
State Street Corp0$00.00%−10,930,219−100.0%Sold out
FMR LLC0$00.00%−6,436,664−100.0%Sold out
Geode Capital Management, LLC0$00.00%−6,395,805−100.0%Sold out
Norges Bank0$00.00%−4,961,102−100.0%Sold out
Farallon Capital Management, L.L.C.0$00.00%−4,780,000−100.0%Sold out
Morgan Stanley0$00.00%−4,602,174−100.0%Sold out
Boston Partners0$00.00%−3,621,894−100.0%Sold out
Dimensional Fund Advisors LP0$00.00%−3,143,456−100.0%Sold out
Northern Trust Corp0$00.00%−2,933,464−100.0%Sold out
Invesco Ltd.0$00.00%−2,838,183−100.0%Sold out
UBS Group AG0$00.00%−2,416,137−100.0%Sold out
UBS Oconnor LLC0$00.00%−2,389,191−100.0%Sold out
JPMorgan Chase & Co0$00.00%−2,165,415−100.0%Sold out
UBS Asset Management Americas Inc0$00.00%−2,085,202−100.0%Sold out
Sessa Capital IM, L.P.0$00.00%−1,776,132−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−1,758,878−100.0%Sold out
Legal & General Group Plc0$00.00%−1,736,525−100.0%Sold out
Goldman Sachs Group Inc0$00.00%−1,732,628−100.0%Sold out
Charles Schwab Investment Management Inc0$00.00%−1,720,034−100.0%Sold out
Rokos Capital Management LLP0$00.00%−1,712,342−100.0%Sold out
Millennium Management LLC0$00.00%−1,651,554−100.0%Sold out
Eagle Capital Management LLC0$00.00%−1,635,707−100.0%Sold out
Brave Warrior Advisors, LLC0$00.00%−1,608,880−100.0%Sold out
Nuveen, LLC0$00.00%−1,606,904−100.0%Sold out
Bank of New York Mellon Corp0$00.00%−1,602,430−100.0%Sold out
Capital International Investors0$00.00%−1,561,822−100.0%Sold out
Voya Investment Management LLC0$00.00%−1,411,612−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−1,391,989−100.0%Sold out
Bank of America Corp0$00.00%−1,371,798−100.0%Sold out
Canada Pension Plan Investment Board0$00.00%−1,228,408−100.0%Sold out
Amundi0$00.00%−1,288,705−100.0%Sold out
LSV Asset Management0$00.00%−1,203,093−100.0%Sold out
Deutsche Bank AG0$00.00%−1,108,372−100.0%Sold out
Davidson Kempner Capital Management LP0$00.00%−1,084,171−100.0%Sold out
HSBC Holdings PLC0$00.00%−1,027,595−100.0%Sold out
Alpine Associates Management Inc.0$00.00%−987,635−100.0%Sold out
Laurion Capital Management LP0$00.00%−961,697−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−955,670−100.0%Sold out
Wellington Management Group LLP0$00.00%−917,043−100.0%Sold out
KBC Group NV0$00.00%−895,663−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−851,563−100.0%Sold out
Barclays PLC0$00.00%−801,155−100.0%Sold out
California Public Employees Retirement System0$00.00%−768,927−100.0%Sold out
Bank of Nova Scotia0$00.00%−752,113−100.0%Sold out
Third Point LLCSuperinvestorThird Point0$00.00%−740,000−100.0%Sold out
Alliancebernstein L.P.0$00.00%−722,494−100.0%Sold out
Price T Rowe Associates Inc0$00.00%−717,833−100.0%Sold out
Swiss National Bank0$00.00%−708,690−100.0%Sold out
AustralianSuper Pty Ltd0$00.00%−662,010−100.0%Sold out
Ameriprise Financial Inc0$00.00%−649,450−100.0%Sold out
Westchester Capital Management, LLC0$00.00%−640,000−100.0%Sold out
Marshall Wace, LLP0$00.00%−622,295−100.0%Sold out
BNP Paribas Arbitrage, SA0$00.00%−621,634−100.0%Sold out
HBK Investments L P0$00.00%−596,072−100.0%Sold out
Canoe Financial LP0$00.00%−594,385−100.0%Sold out
Ensign Peak Advisors, Inc0$00.00%−585,960−100.0%Sold out
Taconic Capital Advisors LP0$00.00%−583,339−100.0%Sold out
National Bank of Canada0$00.00%−576,923−100.0%Sold out
Primecap Management Co0$00.00%−574,953−100.0%Sold out
Sumitomo Mitsui Trust Holdings, Inc.0$00.00%−564,923−100.0%Sold out
CI Private Wealth, LLC0$00.00%−554,050−100.0%Sold out
Rhumbline Advisers0$00.00%−532,949−100.0%Sold out
Pentwater Capital Management LP0$00.00%−510,000−100.0%Sold out
Magnetar Financial LLC0$00.00%−507,338−100.0%Sold out
Sona Asset Management (US) LLC0$00.00%−501,279−100.0%Sold out
Royal Bank of Canada0$00.00%−495,432−100.0%Sold out
M&G Plc0$00.00%−476,308−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−457,502−100.0%Sold out
CNH Partners LLC0$00.00%−470,451−100.0%Sold out
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.0$00.00%−447,446−100.0%Sold out
California State Teachers Retirement System0$00.00%−425,205−100.0%Sold out
National Pension Service0$00.00%−420,031−100.0%Sold out
Alua Capital Management LP0$00.00%−419,100−100.0%Sold out
Barrow Hanley Mewhinney & Strauss LLC0$00.00%−400,957−100.0%Sold out
Allianz Asset Management GmbH0$00.00%−389,450−100.0%Sold out
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−378,176−100.0%Sold out
Citigroup Inc0$00.00%−369,055−100.0%Sold out
Bronte Capital Management Pty Ltd.0$00.00%−299,914−100.0%Sold out
Bank of Montreal0$00.00%−344,275−100.0%Sold out
Nordea Investment Management AB0$00.00%−350,129−100.0%Sold out
Point72 Europe (London) LLP0$00.00%−336,201−100.0%Sold out
Citadel Advisors LLC0$00.00%−334,777−100.0%Sold out
Discovery Capital Management, LLC0$00.00%−330,065−100.0%Sold out
Wells Fargo & Company0$00.00%−327,355−100.0%Sold out
Caxton Associates LLP0$00.00%−320,020−100.0%Sold out
Omni Event Management Ltd0$00.00%−311,621−100.0%Sold out
Principal Financial Group Inc0$00.00%−311,095−100.0%Sold out