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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
Bridges Investment Management Inc2,020$344.8K0.00%00.0%Unchanged
First Western Trust Bank2,023$345.3K0.02%00.0%Unchanged
Bragg Financial Advisors, Inc2,023$345.3K0.01%00.0%Unchanged
Western Wealth Management, LLC2,032$346.9K0.02%+267+15.1%Added
Kingsview Wealth Management, LLC2,036$347.5K0.01%+67+3.4%Added
Cozad Asset Management Inc2,036$347.5K0.03%00.0%Unchanged
Welch & Forbes LLC2,048$349.6K0.00%+52+2.6%Added
Jump Financial, LLC2,048$349.6K0.01%+344+20.2%Added
Acima Private Wealth, LLC2,056$351.0K0.13%00.0%Unchanged
CoreFirst Bank & Trust2,071$353.5K0.23%00.0%Unchanged
Walker Asset Management, LLC2,072$353.8K0.22%+5+0.2%Added
Parkside Financial Bank & Trust2,073$353.9K0.05%+225+12.2%Added
South State Corp.2,087$356.3K0.02%+119+6.0%Added
Barlow Wealth Partners, Inc.1,940$358.6K0.05%00.0%Unchanged
Prime Capital Investment Advisors, LLC2,121$362.0K0.00%+405+23.6%Added
Folger Nolan Fleming Douglas Capital Management, Inc2,128$363.3K0.04%00.0%Unchanged
Northeast Financial Consultants Inc2,130$363.6K0.02%00.0%Unchanged
Pacitti Group Inc.2,136$364.6K0.17%00.0%Unchanged
Roman Butler Fullerton & Co2,278$364.9K0.14%−193−7.8%Reduced
Atomi Financial Group, Inc.2,139$365.2K0.02%00.0%Unchanged
J2 Capital Management Inc2,155$367.9K0.34%+2,155New
Van Strum & Towne Inc.2,170$370.4K0.12%+2,170New
Independent Solutions Wealth Management, LLC2,171$370.5K0.08%−76−3.4%Reduced
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management2,180$372.1K0.01%−76−3.4%Reduced
CX Institutional2,186$373.0K0.01%+120+5.8%Added
Confluence Wealth Services, Inc.2,098$374.9K0.02%00.0%Unchanged
JBF Capital, Inc.2,200$375.5K0.07%−800−26.7%Reduced
Renaissance Group LLC2,222$379.3K0.02%−374−14.4%Reduced
Optas, LLC2,227$380.2K0.07%+39+1.8%Added
Beacon Pointe Advisors, LLC2,254$384.7K0.00%−27−1.2%Reduced
Sigma Planning Corp2,261$385.9K0.01%−34−1.5%Reduced
First Interstate Bank2,273$388.0K0.02%−139−5.8%Reduced
EverSource Wealth Advisors, LLC2,292$391.3K0.02%+132+6.1%Added
We Are One Seven, LLC2,306$393.7K0.02%+485+26.6%Added
Graypoint LLC2,328$397.4K0.02%−5−0.2%Reduced
Change Path, LLC2,340$399.4K0.01%−172−6.8%Reduced
Romano Brothers and Company2,346$400.5K0.05%00.0%Unchanged
Institute for Wealth Management, LLC.2,364$403.5K0.05%00.0%Unchanged
Grandfield & Dodd, LLC2,376$405.6K0.03%+10.0%Added
Modera Wealth Management, LLC2,381$406.4K0.01%−331−12.2%Reduced
Atom Investors LP2,381$406.4K0.05%+333+16.3%Added
Schrum Private Wealth Management LLC2,407$410.9K0.36%00.0%Unchanged
Wedgewood Investors Inc2,420$413.1K0.49%−100−4.0%Reduced
Buckingham Strategic Partners2,425$414.0K0.01%+1,071+79.1%Added
Allianz SE2,436$415.8K0.01%+2,436New
Integrated Quantitative Investments LLC2,440$416.5K0.21%00.0%Unchanged
TriaGen Wealth Management LLC2,443$417.0K0.15%00.0%Unchanged
Ameritas Investment Partners, Inc.2,446$417.5K0.01%00.0%Unchanged
Kozak & Associates, Inc.2,625$417.6K0.10%00.0%Unchanged
Regions Financial Corp2,447$417.7K0.00%−141−5.4%Reduced
Old National Bancorp2,476$422.8K0.01%−1,106−30.9%Reduced
Beck Mack & Oliver LLC2,500$426.8K0.01%00.0%Unchanged
Harel Insurance Investments & Financial Services Ltd.2,500$427.0K0.01%+2,500New
Berkshire Asset Management LLC2,228$427.8K0.02%00.0%Unchanged
Peachtree Investment Partners, LLC2,520$430.1K0.17%00.0%Unchanged
Gallagher Fiduciary Advisors, LLC2,522$430.6K0.01%+75+3.1%Added
AdvisorNet Financial, Inc2,527$431.4K0.03%+5+0.2%Added
Harbour Investments, Inc.2,533$432.4K0.01%+399+18.7%Added
Fisher Asset Management, LLC2,533$432.5K0.00%+311+14.0%Added
Greenfield Savings Bank2,535$432.7K0.21%00.0%Unchanged
Cigna Investments Inc2,539$434.0K0.08%−27−1.1%Reduced
Systematic Alpha Investments, LLC2,547$434.8K0.02%00.0%Unchanged
Mission Wealth Management, LP2,556$436.2K0.01%−26−1.0%Reduced
Integrated Advisors Network LLC2,556$436.3K0.02%−2,213−46.4%Reduced
Essex Financial Services, Inc.2,566$438.0K0.03%−296−10.3%Reduced
Checchi Capital Advisers, LLC2,569$438.5K0.03%−6−0.2%Reduced
Axxcess Wealth Management, LLC2,592$442.4K0.01%−74−2.8%Reduced
CSS LLC2,598$443.5K0.03%+2,598New
Valeo Financial Advisors, LLC2,610$445.5K0.01%+112+4.5%Added
Wedmont Private Capital2,871$450.9K0.02%+69+2.5%Added
Atlas Capital Advisors LLC2,648$452.0K0.06%−2,338−46.9%Reduced
Verity & Verity, LLC2,656$453.4K0.04%+97+3.8%Added
Cercano Management LLC2,666$455.1K0.01%00.0%Unchanged
Capital Asset Advisory Services LLC2,592$456.0K0.02%−74−2.8%Reduced
Mather Group, LLC.2,675$456.5K0.01%+84+3.2%Added
Fortem Financial Group, LLC2,696$460.2K0.18%+2,696New
Spire Wealth Management2,703$461.4K0.01%−86−3.1%Reduced
Cambria Investment Management, L.P.2,724$465.0K0.03%+2,724New
Zhang Financial LLC2,744$468.4K0.02%−217−7.3%Reduced
SeaCrest Wealth Management, LLC2,763$471.6K0.05%−65−2.3%Reduced
Birch Capital Management, LLC2,765$472.0K0.25%−8−0.3%Reduced
Cidel Asset Management Inc2,766$472.2K0.03%−324−10.5%Reduced
National Asset Management, Inc.2,782$474.9K0.01%−1,368−33.0%Reduced
Sage Investment Counsel LLC2,790$476.3K0.60%−2,483−47.1%Reduced
Miracle Mile Advisors, LLC2,799$477.8K0.01%+63+2.3%Added
Trust Co of Vermont2,800$478.0K0.02%00.0%Unchanged
Hunter Associates Investment Management LLC2,800$478.0K0.07%00.0%Unchanged
Arbor Investment Advisors, LLC2,810$479.7K0.07%−130−4.4%Reduced
Zacks Investment Management2,811$479.9K0.00%−65−2.3%Reduced
Park National Corp2,822$481.7K0.02%+12+0.4%Added
RFG Advisory, LLC2,822$481.8K0.01%−1,289−31.4%Reduced
Silvercrest Asset Management Group LLC2,828$482.7K0.00%+260+10.1%Added
Tocqueville Asset Management L.P.2,833$483.6K0.01%00.0%Unchanged
Cannon Global Investment Management, LLC2,836$484.1K1.33%−5,664−66.6%Reduced
3Chopt Investment Partners, LLC2,842$485.1K0.13%+2,842New
Madison Asset Management, LLC2,844$485.5K0.01%00.0%Unchanged
Fiduciary Alliance LLC2,845$485.6K0.05%−75−2.6%Reduced
J.W. Cole Advisors, Inc.2,856$487.6K0.02%+937+48.8%Added
Quadcap Wealth Management, LLC2,860$488.2K0.07%+2,860New
Pflug Koory, LLC2,865$489.1K0.27%−35−1.2%Reduced