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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 2025

Institutional positions in Discover Financial Services as of Mar 31, 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, so this page shows Q1 2025. 13F filings for later quarters list far fewer holders.

Institutional holders
1,176
+23 vs. Q4 2024
Shares held
218.6M
+3.12M (+1.4%) vs. Q4 2024
Total value
$37.3B
−$45.8M (−0.1%) vs. Q4 2024
New holders
131
390 more added
Sold out
108
442 more reduced

20 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 2025: 1,176 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 2025: $37.3B
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 2025

Shares, value and share of portfolio for each institution holding Discover Financial Services; share changes are against Q4 2024.

Institutions holding DFS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Teacher Retirement System of Texas36,738$6.27M0.03%+34,388+1,463.3%Added
Yousif Capital Management, LLC36,798$6.28M0.07%−517−1.4%Reduced
New York Life Investment Management LLC37,076$6.33M0.06%−90,044−70.8%Reduced
Dana Investment Advisors, Inc.37,089$6.33M0.23%−7,630−17.1%Reduced
Bokf, NA37,092$6.33M0.11%−2,768−6.9%Reduced
Park Avenue Securities LLC37,262$6.36M0.08%−18,904−33.7%Reduced
JustInvest LLC37,928$6.47M0.10%+4,413+13.2%Added
Sumitomo Mitsui DS Asset Management Company, Ltd38,125$6.51M0.07%+2,658+7.5%Added
CIBC Asset Management Inc38,132$6.51M0.02%−404−1.0%Reduced
Wealthfront Advisers LLC38,467$6.57M0.02%+7,558+24.5%Added
Advisor Group Holdings, Inc.38,810$6.63M0.01%−3,298−7.8%Reduced
King Luther Capital Management Corp39,271$6.70M0.03%+435+1.1%Added
Captrust Financial Advisors39,733$6.78M0.02%−2,376−5.6%Reduced
Athos Capital Ltd40,000$6.83M8.66%+40,000New
Readystate Asset Management LP41,000$7.00M0.35%+41,000New
Janus Henderson Group PLC44,259$7.03M0.00%+9,245+26.4%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund41,178$7.03M0.08%−8,000−16.3%Reduced
Utah Retirement Systems41,338$7.06M0.08%−97−0.2%Reduced
USS Investment Management Ltd41,617$7.11M0.05%−15,900−27.6%Reduced
Crossmark Global Holdings, Inc.41,784$7.13M0.13%+8,649+26.1%Added
Mirae Asset Global ETFs Holdings Ltd.42,479$7.25M0.02%−5,152−10.8%Reduced
Sienna Gestion44,601$7.40M0.61%−2,663−5.6%Reduced
Martin & Co Inc43,531$7.43M1.43%−97−0.2%Reduced
Versor Investments LP43,645$7.45M1.21%−9,524−17.9%Reduced
Quinn Opportunity Partners LLC44,000$7.51M0.53%+44,000New
Smith Chas P & Associates Pa Cpas44,121$7.53M0.44%−2,066−4.5%Reduced
Easterly Investment Partners LLC45,323$7.74M0.64%+18,598+69.6%Added
Unison Advisors LLC45,652$7.79M0.99%+169+0.4%Added
Mariner, LLC46,065$7.86M0.01%−977−2.1%Reduced
Lighthouse Investment Partners, LLC46,515$7.94M0.36%−122,520−72.5%Reduced
Kintayl Capital LP47,172$8.05M5.79%+20,913+79.6%Added
DnB Asset Management AS47,279$8.07M0.04%−1,151−2.4%Reduced
British Columbia Investment Management Corp48,060$8.20M0.05%−170.0%Reduced
Forsta Ap-Fonden48,300$8.24M0.06%−17,800−26.9%Reduced
Amalgamated Bank48,644$8.30M0.07%+606+1.3%Added
O'Shaughnessy Asset Management, LLC48,723$8.32M0.07%+56+0.1%Added
IFM Investors Pty Ltd48,805$8.33M0.09%00.0%Unchanged
Stolper Co50,756$8.66M2.84%−1,061−2.0%Reduced
Basswood Capital Management, L.L.C.51,096$8.72M0.49%−1,776−3.4%Reduced
HighTower Advisors, LLC52,378$8.94M0.01%−8,488−13.9%Reduced
Macquarie Group Ltd52,739$9.00M0.01%−154,134−74.5%Reduced
Varma Mutual Pension Insurance Co53,421$9.12M0.08%−5,400−9.2%Reduced
Retirement Systems of Alabama53,938$9.21M0.04%−422−0.8%Reduced
Pathstone Holdings, LLC56,358$9.62M0.04%+518+0.9%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys57,400$9.80M0.06%−45,045−44.0%Reduced
Czech National Bank57,650$9.84M0.09%+3,212+5.9%Added
Schonfeld Strategic Advisors LLC57,681$9.85M0.07%−43,702−43.1%Reduced
Franklin Resources Inc58,077$9.91M0.00%+12,183+26.5%Added
Cetera Investment Advisers58,647$10.0M0.02%−12,137−17.1%Reduced
Commonwealth Equity Services, LLC59,018$10.1M0.01%+1,650+2.9%Added
Alley Investment Management Company, LLC59,433$10.1M1.27%−19,182−24.4%Reduced
DekaBank Deutsche Girozentrale65,101$10.2M0.02%+3,336+5.4%Added
CSM Advisors, LLC61,045$10.4M0.57%−995−1.6%Reduced
Corebridge Financial, Inc.61,193$10.4M0.06%−2,431−3.8%Reduced
Murchinson Ltd.61,244$10.5M1.83%+61,244New
Comerica Bank61,973$10.6M0.04%−4,357−6.6%Reduced
Glenmede Trust Co NA62,027$10.6M0.06%−1,070−1.7%Reduced
LB Partners LLC62,850$10.6M7.65%+16,500+35.6%Added
Aequim Alternative Investments LP62,478$10.7M0.43%00.0%Unchanged
ProShare Advisors LLC62,894$10.7M0.02%+2,857+4.8%Added
Wealth Enhancement Advisory Services, LLC63,089$10.8M0.02%+2,066+3.4%Added
AMF Pensionsforsakring AB63,616$10.9M0.08%00.0%Unchanged
MetLife Investment Management65,173$11.1M0.06%−1,260−1.9%Reduced
AXA S.A.65,967$11.3M0.04%+61,697+1,444.9%Added
Quantinno Capital Management LP67,265$11.5M0.07%+30,250+81.7%Added
State of Michigan Retirement System68,101$11.6M0.07%00.0%Unchanged
Hudson Bay Capital Management LP70,080$12.0M0.08%−236,318−77.1%Reduced
Capital Group Private Client Services, Inc.70,737$12.1M0.12%−4,242−5.7%Reduced
Creative Planning71,965$12.3M0.01%+4,159+6.1%Added
Swiss Life Asset Management Ltd72,430$12.4M0.09%+7,371+11.3%Added
Jefferies Financial Group Inc.72,597$12.4M0.21%+72,597New
Arizona State Retirement System72,676$12.4M0.08%−248−0.3%Reduced
Polar Capital Holdings Plc72,723$12.4M0.08%+25,222+53.1%Added
Parkwood LLC73,173$12.5M1.22%+73,173New
Brevan Howard Capital Management LP75,000$12.5M0.35%+75,000New
Cookson Peirce & Co Inc74,860$12.8M0.64%+40,114+115.4%Added
Verition Fund Management LLC75,358$12.9M0.07%−41,394−35.5%Reduced
Aware Super Pty Ltd as trustee of Aware Super75,439$12.9M0.22%00.0%Unchanged
Pinebridge Investments, L.P.75,605$12.9M0.10%+17,777+30.7%Added
One Fin Capital Management LP80,000$13.7M6.67%−20,000−20.0%Reduced
Public Employees Retirement System of Ohio80,366$13.7M0.05%−6,914−7.9%Reduced
Lansforsakringar Fondforvaltning AB (publ)80,398$13.7M0.08%−1,879−2.3%Reduced
Resona Asset Management Co.,Ltd.81,337$13.7M0.08%+6,052+8.0%Added
Credit Industriel Et Commercial80,503$13.7M2.49%+59,694+286.9%Added
Victory Capital Management Inc80,577$13.8M0.01%−785−1.0%Reduced
Rafferty Asset Management, LLC82,287$14.0M0.06%−6,296−7.1%Reduced
U.S. Capital Wealth Advisors, LLC82,359$14.1M0.43%+82,359New
Boussard & Gavaudan Investment Management LLP84,509$14.1M2.23%+1,685+2.0%Added
SEI Investments Co82,998$14.2M0.02%+9,276+12.6%Added
State of New Jersey Common Pension Fund D84,520$14.4M0.06%−7,479−8.1%Reduced
Moran Wealth Management, LLC84,991$14.5M0.49%+141+0.2%Added
Banco Bilbao Vizcaya Argentaria, S.A.85,308$14.6M0.15%+2,623+3.2%Added
Candriam Luxembourg S.C.A.85,995$14.7M0.09%−3,860−4.3%Reduced
Eldred Rock Partners, LLC88,494$14.7M4.49%+8,166+10.2%Added
Susquehanna Fundamental Investments, LLC91,879$15.7M0.26%+91,879New
Mn Services Vermogensbeheer B.V.91,900$15.7M0.12%−8,000−8.0%Reduced
Virginia Retirement Systems Et Al94,900$16.2M0.12%+94,900New
State of Tennessee, Treasury Department95,528$16.3M0.06%+878+0.9%Added
Melqart Asset Management (UK) Ltd96,308$16.4M2.22%+51,319+114.1%Added
Busey Wealth Management96,742$16.5M0.56%+1,632+1.7%Added