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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
Birnam Oak Advisors, LP251,067$42.9M17.94%+128,880+105.5%Added
State Board of Administration of Florida Retirement System244,551$41.7M0.08%00.0%Unchanged
Point72 Asset Management, L.P.244,199$41.7M0.12%+89,067+57.4%Added
Aviva PLC243,707$41.6M0.10%+34,087+16.3%Added
Grantham, Mayo, Van Otterloo & Co. LLC231,533$39.5M0.12%−45,861−16.5%Reduced
New York State Teachers Retirement System231,196$39.5M0.09%−12,306−5.1%Reduced
Associated Banc-Corp230,159$39.3M1.20%−3,393−1.5%Reduced
The PNC Financial Services Group, Inc.216,617$37.0M0.02%+970+0.4%Added
Raymond James Financial Inc215,365$36.8M0.01%−6,821−3.1%Reduced
Gateway Investment Advisers LLC213,217$36.4M0.42%+432+0.2%Added
AQR Capital Management LLC218,819$36.3M0.04%+71,630+48.7%Added
Natixis212,039$35.6M0.21%+95,809+82.4%Added
Schroder Investment Management Group215,339$34.2M0.03%−39,823−15.6%Reduced
Cerity Partners LLC198,319$33.9M0.07%−12,529−5.9%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.197,011$33.6M0.09%−204,042−50.9%Reduced
TIG Advisors, LLC192,524$32.9M2.15%+83,551+76.7%Added
Russell Investments Group, Ltd.193,757$32.7M0.04%−34,514−15.1%Reduced
Capital International Inc191,138$32.6M0.40%−46,394−19.5%Reduced
Squarepoint Ops LLC187,149$31.9M0.08%+160,244+595.6%Added
Truist Financial Corp185,732$31.7M0.05%−19,666−9.6%Reduced
LPL Financial LLC184,560$31.5M0.01%+10,278+5.9%Added
Weiss Asset Management LP181,560$31.0M0.83%−177,187−49.4%Reduced
Standard Life Aberdeen plc184,300$30.9M0.06%+93,095+102.1%Added
SG Americas Securities, LLC179,569$30.7M0.10%+172,444+2,420.3%Added
Burney Co176,336$30.1M1.10%−10,932−5.8%Reduced
Keybank National Association176,051$30.1M0.12%−508−0.3%Reduced
Governors Lane LP170,104$29.0M6.28%−91,978−35.1%Reduced
Empyrean Capital Partners, LP168,000$28.7M1.53%−415,000−71.2%Reduced
KLP Kapitalforvaltning AS166,626$28.4M0.14%+5,500+3.4%Added
Manufacturers Life Insurance Company, The162,427$27.7M0.03%−368,603−69.4%Reduced
Toronto Dominion Bank158,672$27.1M0.07%+36,022+29.4%Added
Treasurer of the State of North Carolina157,427$26.9M0.11%+4,588+3.0%Added
Deroy & Devereaux Private Investment Counsel Inc155,376$26.5M1.54%−89,521−36.6%Reduced
Korea Investment CORP154,415$26.4M0.06%−95,172−38.1%Reduced
MML Investors Services, LLC153,003$26.1M0.09%−68,159−30.8%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH152,619$26.1M0.05%+24,631+19.2%Added
Pictet Asset Management Holding SA152,139$26.0M0.03%+6,814+4.7%Added
Andra AP-fonden149,200$25.5M0.42%+32,300+27.6%Added
State of Wisconsin Investment Board148,817$25.4M0.07%+4,372+3.0%Added
Healthcare of Ontario Pension Plan Trust Fund145,192$24.8M0.05%+20,992+16.9%Added
Robeco Institutional Asset Management B.V.143,554$24.5M0.05%−133,572−48.2%Reduced
New York State Common Retirement Fund140,971$24.1M0.04%+2,300+1.7%Added
Nisa Investment Advisors, LLC138,167$23.6M0.12%+14,781+12.0%Added
Stifel Financial Corp136,756$23.3M0.02%−1,178−0.9%Reduced
Woodline Partners LP133,705$22.8M0.15%−81,429−37.9%Reduced
Brandywine Global Investment Management, LLC133,692$22.8M0.16%−10,335−7.2%Reduced
Prudential Financial Inc133,660$22.8M0.03%−305−0.2%Reduced
HRT Financial LP133,512$22.8M0.14%+103,373+343.0%Added
Mitsubishi UFJ Trust & Banking Corp133,471$22.8M0.06%+10,737+8.7%Added
Danske Bank A/S133,193$22.7M0.07%+14,657+12.4%Added
Chevy Chase Trust Holdings, Inc.131,829$22.5M0.07%−100−0.1%Reduced
Greenland Capital Management LP127,825$21.8M3.74%+75,668+145.1%Added
Levin Capital Strategies, L.P.126,512$21.6M2.29%+126,512New
14B Captial Management LP126,000$21.5M8.96%+32,000+34.0%Added
APG Asset Management N.V.134,600$21.3M0.07%−1,700−1.2%Reduced
Public Sector Pension Investment Board124,154$21.2M0.09%+2,049+1.7%Added
Quarry LP123,468$21.1M5.44%+90,601+275.7%Added
Adams Diversified Equity Fund, Inc.118,400$20.2M0.81%+40,500+52.0%Added
Royal London Asset Management Ltd116,102$19.8M0.05%+11,703+11.2%Added
Skandinaviska Enskilda Banken AB (publ)115,236$19.7M0.10%+19,352+20.2%Added
Handelsbanken Fonder AB114,841$19.6M0.08%−5,238−4.4%Reduced
Caisse de Depot Et Placement du Quebec114,809$19.6M0.04%+11,100+10.7%Added
Tudor Investment Corp Et Al114,387$19.5M0.17%+70,711+161.9%Added
Calamos Advisors LLC112,300$19.2M0.09%+1,251+1.1%Added
Capstone Investment Advisors, LLC110,000$18.8M0.17%+109,998+5,499,900.0%Added
Nomura Asset Management Co Ltd106,094$18.1M0.06%−3,238−3.0%Reduced
TD Asset Management Inc105,956$18.1M0.02%+895+0.9%Added
Gabelli Funds LLC105,500$18.0M0.14%+76,300+261.3%Added
Asset Management One Co.,Ltd.105,288$18.0M0.06%+6,748+6.8%Added
Westwood Holdings Group Inc.101,879$17.4M0.13%+13,990+15.9%Added
Man Group plc101,714$17.4M0.05%−124,616−55.1%Reduced
LMR Partners LLP100,807$17.2M0.35%+6,996+7.5%Added
Natixis Advisors, L.P.100,717$17.2M0.03%−22,146−18.0%Reduced
Vontobel Holding Ltd.99,459$17.0M0.06%+12,736+14.7%Added
Credit Agricole S A99,306$17.0M0.06%+8,318+9.1%Added
Gabelli & Co Investment Advisers, Inc.97,896$16.7M2.53%+61,341+167.8%Added
Busey Wealth Management96,742$16.5M0.56%+1,632+1.7%Added
Melqart Asset Management (UK) Ltd96,308$16.4M2.22%+51,319+114.1%Added
State of Tennessee, Treasury Department95,528$16.3M0.06%+878+0.9%Added
Virginia Retirement Systems Et Al94,900$16.2M0.12%+94,900New
Mn Services Vermogensbeheer B.V.91,900$15.7M0.12%−8,000−8.0%Reduced
Susquehanna Fundamental Investments, LLC91,879$15.7M0.26%+91,879New
Eldred Rock Partners, LLC88,494$14.7M4.49%+8,166+10.2%Added
Candriam Luxembourg S.C.A.85,995$14.7M0.09%−3,860−4.3%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.85,308$14.6M0.15%+2,623+3.2%Added
Moran Wealth Management, LLC84,991$14.5M0.49%+141+0.2%Added
State of New Jersey Common Pension Fund D84,520$14.4M0.06%−7,479−8.1%Reduced
SEI Investments Co82,998$14.2M0.02%+9,276+12.6%Added
Boussard & Gavaudan Investment Management LLP84,509$14.1M2.23%+1,685+2.0%Added
U.S. Capital Wealth Advisors, LLC82,359$14.1M0.43%+82,359New
Rafferty Asset Management, LLC82,287$14.0M0.06%−6,296−7.1%Reduced
Victory Capital Management Inc80,577$13.8M0.01%−785−1.0%Reduced
Credit Industriel Et Commercial80,503$13.7M2.49%+59,694+286.9%Added
Resona Asset Management Co.,Ltd.81,337$13.7M0.08%+6,052+8.0%Added
Lansforsakringar Fondforvaltning AB (publ)80,398$13.7M0.08%−1,879−2.3%Reduced
Public Employees Retirement System of Ohio80,366$13.7M0.05%−6,914−7.9%Reduced
One Fin Capital Management LP80,000$13.7M6.67%−20,000−20.0%Reduced
Pinebridge Investments, L.P.75,605$12.9M0.10%+17,777+30.7%Added
Aware Super Pty Ltd as trustee of Aware Super75,439$12.9M0.22%00.0%Unchanged
Verition Fund Management LLC75,358$12.9M0.07%−41,394−35.5%Reduced