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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
Vivaldi Asset Management, LLC9,066$1.55M0.11%+1,554+20.7%Added
DRW Securities, LLC9,096$1.55M0.13%−10,415−53.4%Reduced
BI Asset Management Fondsmaeglerselskab A/S9,130$1.56M0.02%+11+0.1%Added
Groupama Asset Managment9,834$1.56M0.03%−4,761−32.6%Reduced
River Street Advisors LLC9,148$1.56M0.77%−138−1.5%Reduced
Machina Capital S.A.S.9,165$1.56M0.46%+5,368+141.4%Added
D.A. Davidson & Co.9,184$1.57M0.01%+71+0.8%Added
Tiaa Trust, National Association9,254$1.58M0.00%−518−5.3%Reduced
Umb Bank N A9,310$1.59M0.03%+62+0.7%Added
Rowland & Co Investment Counsel9,381$1.60M0.34%−245−2.5%Reduced
Panagora Asset Management Inc9,412$1.61M0.01%+5,210+124.0%Added
Burns J W & Co Inc9,421$1.61M0.21%00.0%Unchanged
Vista Investment Management9,498$1.62M0.63%−467−4.7%Reduced
iA Global Asset Management Inc.9,524$1.63M0.03%−515−5.1%Reduced
Brown Advisory Inc9,527$1.63M0.00%+285+3.1%Added
Oppenheimer & Co Inc9,551$1.63M0.02%−6,639−41.0%Reduced
Interval Partners, LP9,576$1.63M0.06%+9,576New
Cohen Klingenstein LLC9,600$1.64M0.06%00.0%Unchanged
Summit Financial, LLC9,618$1.64M0.05%+186+2.0%Added
Kestra Private Wealth Services, LLC9,747$1.66M0.03%−427−4.2%Reduced
Camelot Portfolios, LLC9,876$1.69M1.05%−1,438−12.7%Reduced
Wolverine Asset Management LLC9,907$1.69M0.03%+3,307+50.1%Added
Jones Financial Companies LLLP10,616$1.70M0.00%+3,567+50.6%Added
Burren Capital Advisors Ltd10,037$1.71M6.13%+10,037New
Ancora Advisors, LLC10,110$1.73M0.04%−552−5.2%Reduced
First National Trust Co10,159$1.73M0.07%−309−3.0%Reduced
Bayesian Capital Management, LP10,170$1.74M0.29%+10,170New
IFG Advisors, LLC10,213$1.74M0.34%00.0%Unchanged
Dai-Ichi Life Insurance Company, Ltd10,259$1.75M0.05%−3,000−22.6%Reduced
Susquehanna Portfolio Strategies, LLC10,302$1.76M0.76%+10,302New
Brinker Capital Investments, LLC10,304$1.76M0.02%+297+3.0%Added
Orion Portfolio Solutions, LLC10,304$1.76M0.02%+297+3.0%Added
Principal Securities, Inc.10,349$1.79M0.04%00.0%Unchanged
Fidelis Capital Partners, LLC9,705$1.79M0.19%−313−3.1%Reduced
Quadrant Capital Group LLC10,521$1.80M0.07%+5,303+101.6%Added
Forum Financial Management, LP10,694$1.83M0.03%+4,640+76.6%Added
Steward Partners Investment Advisory, LLC10,758$1.84M0.02%−376−3.4%Reduced
DLD Asset Management, LP11,113$1.90M0.27%+2,478+28.7%Added
E. Ohman J:or Asset Management AB11,130$1.90M0.05%−600−5.1%Reduced
Two Sigma Advisers, LP11,200$1.91M0.00%−6,600−37.1%Reduced
CWM, LLC11,233$1.92M0.01%+1,228+12.3%Added
ING Groep NV11,258$1.92M0.01%−89−0.8%Reduced
Trust Investment Advisors11,290$1.93M1.24%−150−1.3%Reduced
Savant Capital, LLC11,331$1.93M0.02%−16,377−59.1%Reduced
Shelton Capital Management11,424$1.95M0.05%−60−0.5%Reduced
Dynasty Wealth Management, LLC11,446$1.95M0.03%+33+0.3%Added
Fifth Third Bancorp11,500$1.96M0.01%−1,030−8.2%Reduced
Wakefield Asset Management LLLP11,653$1.99M0.60%+11,653New
DF Dent & Co Inc11,659$1.99M0.03%00.0%Unchanged
Maryland State Retirement & Pension System11,689$2.00M0.05%−1,663−12.5%Reduced
New Mexico Educational Retirement Board11,711$2.00M0.07%−300−2.5%Reduced
Benjamin Edwards Inc11,736$2.00M0.03%+872+8.0%Added
BTG Pactual Asset Management US LLC11,893$2.03M0.26%−3,303−21.7%Reduced
Foster & Motley Inc12,230$2.09M0.13%−1,553−11.3%Reduced
Duncker Streett & Co Inc12,327$2.10M0.42%−190−1.5%Reduced
Ieq Capital, LLC12,361$2.11M0.02%+3,053+32.8%Added
Harvest Management LLC12,412$2.12M0.99%−11,029−47.1%Reduced
Flputnam Investment Management Co12,466$2.13M0.04%+43+0.3%Added
Allspring Global Investments Holdings, LLC12,550$2.14M0.00%−14,889−54.3%Reduced
Baird Financial Group, Inc.12,554$2.14M0.00%−5,077−28.8%Reduced
Pacer Advisors, Inc.12,809$2.19M0.01%−7,281−36.2%Reduced
GWM Advisors LLC12,895$2.20M0.01%+349+2.8%Added
HighPoint Advisor Group LLC12,008$2.23M0.13%−751−5.9%Reduced
Nomura Holdings Inc13,140$2.24M0.01%−103,649−88.7%Reduced
Norinchukin Bank, The13,160$2.25M0.04%+1,754+15.4%Added
Eagle Bluffs Wealth Management LLC13,184$2.25M1.19%+152+1.2%Added
Securian Asset Management, Inc13,237$2.26M0.07%−208−1.5%Reduced
Bessemer Group Inc13,240$2.26M0.00%−60.0%Reduced
Private Advisor Group, LLC13,375$2.28M0.01%−1,436−9.7%Reduced
Louisiana State Employees Retirement System13,500$2.30M0.05%00.0%Unchanged
Vinva Investment Management Ltd14,671$2.33M0.09%+2,554+21.1%Added
Hilltop Holdings Inc.13,788$2.35M0.15%−5,910−30.0%Reduced
Atria Investments LLC13,859$2.37M0.03%−318−2.2%Reduced
Sterling Capital Management LLC13,940$2.38M0.04%−2,339−14.4%Reduced
Symmetry Investments LP14,000$2.39M0.21%−6,000−30.0%Reduced
Round Hill Asset Management14,006$2.39M1.72%−6,077−30.3%Reduced
Atria Wealth Solutions, Inc.14,028$2.39M0.03%−354−2.5%Reduced
Vision Capital Management, Inc.14,075$2.40M0.35%+552+4.1%Added
Toroso Investments, LLC14,143$2.41M0.02%−2,012−12.5%Reduced
Griffin Asset Management, Inc.14,421$2.46M0.30%−28−0.2%Reduced
Gulf International Bank (UK) Ltd14,444$2.46M0.09%−5,424−27.3%Reduced
Mesirow Financial Investment Management, Inc.14,523$2.48M0.05%−684−4.5%Reduced
ASR Vermogensbeheer N.V.14,758$2.52M0.04%+14,758New
Mint Tower Capital Management B.V.14,916$2.55M0.94%+2,208+17.4%Added
United Capital Financial Advisers, LLC14,946$2.55M0.02%+690+4.8%Added
Hartford Investment Management Co15,323$2.62M0.09%−257−1.6%Reduced
Sanibel Captiva Trust Company, Inc.15,376$2.62M0.09%−450−2.8%Reduced
Investment Management Corp of Ontario15,501$2.65M0.05%+15,501New
Prelude Capital Management, LLC15,532$2.65M0.27%−3,719−19.3%Reduced
Glenview Trust Co15,881$2.71M0.05%−517−3.2%Reduced
Intech Investment Management LLC16,056$2.74M0.03%−4,363−21.4%Reduced
Ferguson Wellman Capital Management, Inc16,056$2.74M0.05%+153+1.0%Added
Callan Family Office, LLC16,316$2.79M0.21%−250−1.5%Reduced
Kestra Advisory Services, LLC16,349$2.79M0.01%−4,871−23.0%Reduced
Great Lakes Advisors, LLC16,351$2.79M0.02%−51−0.3%Reduced
RBF Capital, LLC16,500$2.82M0.18%00.0%Unchanged
Thompson Investment Management, Inc.16,570$2.83M0.42%−3,446−17.2%Reduced
Metis Global Partners, LLC16,609$2.84M0.08%+1,651+11.0%Added
CIBRA Capital Ltd16,658$2.84M0.99%−11,368−40.6%Reduced
Federation des caisses Desjardins du Quebec16,754$2.86M0.01%+1,423+9.3%Added