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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
Alua Capital Management LP419,100$71.5M5.82%00.0%Unchanged
National Pension Service420,031$71.7M0.07%+4,433+1.1%Added
California State Teachers Retirement System425,205$72.6M0.09%−927−0.2%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.447,446$76.4M0.07%+52,068+13.2%Added
CNH Partners LLC470,451$78.0M1.89%+215,882+84.8%Added
Thrivent Financial for Lutherans457,502$78.1M0.17%−124,487−21.4%Reduced
M&G Plc476,308$81.4M0.39%−22,916−4.6%Reduced
Royal Bank of Canada495,432$84.6M0.02%+139,220+39.1%Added
Sona Asset Management (US) LLC501,279$85.6M3.25%+250,993+100.3%Added
Magnetar Financial LLC507,338$86.6M1.14%+43,762+9.4%Added
Pentwater Capital Management LP510,000$87.1M1.21%−25,000−4.7%Reduced
Rhumbline Advisers532,949$91.0M0.09%+24,707+4.9%Added
CI Private Wealth, LLC554,050$94.6M0.15%+17,047+3.2%Added
Sumitomo Mitsui Trust Holdings, Inc.564,923$96.4M0.07%+3,101+0.6%Added
Primecap Management Co574,953$98.1M0.08%−29,950−5.0%Reduced
National Bank of Canada576,923$98.5M0.12%+267,954+86.7%Added
Taconic Capital Advisors LP583,339$99.6M8.81%−591,513−50.3%Reduced
Ensign Peak Advisors, Inc585,960$100.0M0.19%+12,620+2.2%Added
Canoe Financial LP594,385$101.5M1.63%+66,118+12.5%Added
HBK Investments L P596,072$101.7M1.77%+596,072New
BNP Paribas Arbitrage, SA621,634$106.1M0.08%−1,491−0.2%Reduced
Marshall Wace, LLP622,295$106.2M0.14%+333,031+115.1%Added
Westchester Capital Management, LLC640,000$109.2M6.33%+493,297+336.3%Added
Ameriprise Financial Inc649,450$110.9M0.03%−114,322−15.0%Reduced
AustralianSuper Pty Ltd662,010$113.0M0.64%−222,516−25.2%Reduced
Swiss National Bank708,690$121.0M0.09%−600−0.1%Reduced
Price T Rowe Associates Inc717,833$122.5M0.02%+192,447+36.6%Added
Alliancebernstein L.P.722,494$123.3M0.04%+56,142+8.4%Added
Third Point LLCSuperinvestorThird Point740,000$126.3M1.98%+100,000+15.6%Added
Bank of Nova Scotia752,113$128.4M0.29%+190,708+34.0%Added
California Public Employees Retirement System768,927$131.3M0.09%+71,758+10.3%Added
Barclays PLC801,155$136.8M0.06%+137,128+20.7%Added
Envestnet Asset Management Inc851,563$145.4M0.05%−313,728−26.9%Reduced
KBC Group NV895,663$152.9M0.47%−28,370−3.1%Reduced
Wellington Management Group LLP917,043$156.5M0.03%+200,293+27.9%Added
Adage Capital Partners GP, L.L.C.955,670$163.1M0.30%+461,386+93.3%Added
Laurion Capital Management LP961,697$164.2M12.62%00.0%Unchanged
Alpine Associates Management Inc.987,635$168.6M8.83%+123,471+14.3%Added
HSBC Holdings PLC1,027,595$175.0M0.12%−140,272−12.0%Reduced
Davidson Kempner Capital Management LP1,084,171$185.1M2.61%+1,084,171New
Deutsche Bank AG1,108,372$189.2M0.08%+185,397+20.1%Added
LSV Asset Management1,203,093$205.4M0.49%−280,964−18.9%Reduced
Amundi1,288,705$207.8M0.08%+557,291+76.2%Added
Canada Pension Plan Investment Board1,228,408$209.7M0.20%+979,258+393.0%Added
Bank of America Corp1,371,798$234.2M0.02%−517,793−27.4%Reduced
Arrowstreet Capital, Limited Partnership1,391,989$237.6M0.19%−479,282−25.6%Reduced
Voya Investment Management LLC1,411,612$241.0M0.27%+338,596+31.6%Added
Capital International Investors1,561,822$266.2M0.05%−223,621−12.5%Reduced
Bank of New York Mellon Corp1,602,430$273.5M0.05%−35,685−2.2%Reduced
Nuveen, LLC1,606,904$274.3M0.09%+1,606,904New
Brave Warrior Advisors, LLC1,608,880$274.6M6.29%−915,085−36.3%Reduced
Eagle Capital Management LLC1,635,707$279.2M1.02%+88,283+5.7%Added
Millennium Management LLC1,651,554$281.9M0.27%−42,600−2.5%Reduced
Rokos Capital Management LLP1,712,342$292.5M7.93%+1,150,671+204.9%Added
Charles Schwab Investment Management Inc1,720,034$293.6M0.06%−18,770−1.1%Reduced
Goldman Sachs Group Inc1,732,628$295.8M0.06%−48,068−2.7%Reduced
Legal & General Group Plc1,736,525$296.4M0.08%+116,798+7.2%Added
Balyasny Asset Management LLC1,758,878$300.2M0.75%−180,428−9.3%Reduced
Sessa Capital IM, L.P.1,776,132$303.2M12.50%00.0%Unchanged
UBS Asset Management Americas Inc2,085,202$355.9M0.09%+15,032+0.7%Added
JPMorgan Chase & Co2,165,415$369.6M0.03%−35,229−1.6%Reduced
UBS Oconnor LLC2,389,191$407.8M9.70%+1,222,493+104.8%Added
UBS Group AG2,416,137$412.4M0.09%+290,919+13.7%Added
Invesco Ltd.2,838,183$484.5M0.09%−136,288−4.6%Reduced
Northern Trust Corp2,933,464$500.7M0.07%+216,755+8.0%Added
Dimensional Fund Advisors LP3,143,456$536.3M0.13%−13,193−0.4%Reduced
Boston Partners3,621,894$618.5M0.75%−1,187,741−24.7%Reduced
Morgan Stanley4,602,174$785.6M0.06%+245,424+5.6%Added
Farallon Capital Management, L.L.C.4,780,000$815.9M4.40%+520,000+12.2%Added
Norges Bank4,961,102$846.9M0.12%+777,530+18.6%Added
Geode Capital Management, LLC6,395,805$1.09B0.09%+155,354+2.5%Added
FMR LLC6,436,664$1.10B0.07%−1,116,352−14.8%Reduced
State Street Corp10,930,219$1.87B0.08%+135,086+1.3%Added
BlackRock, Inc.20,590,789$3.51B0.07%−1,178,068−5.4%Reduced
Capital World Investors20,688,885$3.53B0.57%+1,184,937+6.1%Added
Vanguard Group Inc31,151,624$5.32B0.10%+106,416+0.3%Added
Proequities, Inc.0$00.00%−1,249−100.0%Sold out
Massachusetts Financial Services Co0$00.00%−930,866−100.0%Sold out
Sculptor Capital LP0$00.00%−570,772−100.0%Sold out
Khrom Capital Management LLC0$00.00%−349,065−100.0%Sold out
Holocene Advisors, LP0$00.00%−277,241−100.0%Sold out
Cinctive Capital Management LP0$00.00%−208,265−100.0%Sold out
CBOE Vest Financial, LLC0$00.00%−187,340−100.0%Sold out
Blackstone Group Inc.0$00.00%−175,000−100.0%Sold out
Duquesne Family Office LLCSuperinvestorDuquesne Family Office0$00.00%−146,970−100.0%Sold out
Jane Street Group, LLC0$00.00%−125,517−100.0%Sold out
Samlyn Capital, LLC0$00.00%−97,494−100.0%Sold out
P Schoenfeld Asset Management LP0$00.00%−60,341−100.0%Sold out
Prana Capital Management, LP0$00.00%−60,073−100.0%Sold out
Leeward Investments, LLC - MA0$00.00%−57,673−100.0%Sold out
Silphium Asset Management Ltd0$00.00%−39,704−100.0%Sold out
TrimTabs Asset Management, LLC0$00.00%−33,629−100.0%Sold out
Essential Planning, LLC.0$00.00%−27,560−100.0%Sold out
Anson Funds Management LP0$00.00%−25,324−100.0%Sold out
CIBC World Markets Inc.0$00.00%−21,130−100.0%Sold out
Barnett & Company, Inc.0$00.00%−19,493−100.0%Sold out
Phoenix Holdings Ltd.0$00.00%−18,896−100.0%Sold out
PMC FIG Opportunities LLC0$00.00%−17,723−100.0%Sold out
J. Safra Sarasin Holding AG0$00.00%−17,072−100.0%Sold out
Canada Post Corp Registered Pension Plan0$00.00%−15,784−100.0%Sold out