Skip to main content

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
Alberta Investment Management Corp29,465$5.03M0.03%+29,465New
State of Alaska, Department of Revenue29,414$5.02M0.06%+790+2.8%Added
Atlantic Union Bankshares Corp29,231$4.99M0.30%+1,029+3.6%Added
Mutual of America Capital Management LLC29,190$4.98M0.06%−888−3.0%Reduced
Carmignac Gestion28,457$4.86M0.08%00.0%Unchanged
Ethic Inc.28,402$4.84M0.10%+5,576+24.4%Added
Seascape Capital Management28,267$4.83M1.68%+138+0.5%Added
Mirae Asset Global Investments Co., Ltd.30,217$4.80M0.02%+2,751+10.0%Added
Mackenzie Financial Corp27,851$4.75M0.01%+1,894+7.3%Added
Generali Asset Management SPA SGR27,766$4.74M0.12%−1,524−5.2%Reduced
Janney Montgomery Scott LLC27,544$4.70M0.01%+9,718+54.5%Added
Hancock Whitney Corp26,602$4.54M0.15%−170−0.6%Reduced
Westpac Banking Corp26,511$4.53M0.33%+24,232+1,063.3%Added
Sage Capital Advisors,llc26,447$4.51M1.18%+26,447New
ORBA Wealth Advisors, L.L.C.26,291$4.49M2.26%+134+0.5%Added
OP Asset Management Ltd26,199$4.47M0.08%+26,199New
B. Metzler seel. Sohn & Co. AG26,077$4.45M0.05%+2,003+8.3%Added
Public Employees Retirement Association of Colorado25,761$4.40M0.02%00.0%Unchanged
Chicago Partners Investment Group LLC22,812$4.32M0.14%+662+3.0%Added
Integrated Wealth Concepts LLC25,238$4.31M0.05%−1,291−4.9%Reduced
CWA Asset Management Group, LLC25,042$4.27M0.20%+4,887+24.2%Added
Elo Mutual Pension Insurance Co24,873$4.25M0.10%+7,416+42.5%Added
Illinois Municipal Retirement Fund24,818$4.24M0.06%00.0%Unchanged
Alaska Permanent Fund Corp23,118$4.22M0.06%00.0%Unchanged
First Trust Advisors LP24,677$4.21M0.00%−1,515,032−98.4%Reduced
Maven Securities LTD24,617$4.20M0.92%−14,833−37.6%Reduced
NJ State Employees Deferred Compensation Plan24,350$4.16M0.53%00.0%Unchanged
ExodusPoint Capital Management, LP24,087$4.11M0.05%−216,455−90.0%Reduced
Assenagon Asset Management S.A.23,995$4.10M0.01%+1,602+7.2%Added
Thompson Siegel & Walmsley LLC23,779$4.06M0.07%+9,356+64.9%Added
Cambridge Investment Research Advisors, Inc.23,596$4.03M0.01%−6,538−21.7%Reduced
M&T Bank Corp23,233$3.97M0.01%−423−1.8%Reduced
Vestcor Inc23,142$3.95M0.13%−17,990−43.7%Reduced
Boothbay Fund Management, LLC23,117$3.95M0.14%−39,745−63.2%Reduced
Twin Securities, Inc.23,101$3.94M2.27%+23,101New
ClearAlpha Technologies LP22,455$3.83M3.46%−18,411−45.1%Reduced
Centiva Capital, LP22,421$3.83M0.22%−7,579−25.3%Reduced
Cypress Financial Planning LLC22,247$3.80M1.37%00.0%Unchanged
Northwestern Mutual Wealth Management Co22,007$3.76M0.00%+739+3.5%Added
UniSuper Management Pty Ltd21,964$3.75M0.03%+1,122+5.4%Added
Shell Asset Management Co21,932$3.74M0.18%−1,270−5.5%Reduced
New Age Alpha Advisors, LLC21,596$3.69M0.17%−42,649−66.4%Reduced
Oregon Public Employees Retirement Fund21,551$3.68M0.07%+100.0%Added
Rakuten Investment Management, Inc.22,950$3.64M0.02%+22,950New
Heritage Investors Management Corp21,300$3.64M0.12%−717−3.3%Reduced
Lynch & Associates21,197$3.62M0.78%−190−0.9%Reduced
Ci Investments Inc.21,033$3.59M0.02%+3,087+17.2%Added
Two Sigma Investments, LP20,900$3.57M0.01%00.0%Unchanged
TCTC Holdings, LLC20,753$3.54M0.12%−2,769−11.8%Reduced
LS Investment Advisors, LLC20,735$3.54M0.54%−30−0.1%Reduced
Carlson Capital L P20,500$3.50M1.96%+10,200+99.0%Added
CIBC Private Wealth Group, LLC23,443$3.47M0.01%−412−1.7%Reduced
Connors Investor Services Inc20,319$3.47M0.34%00.0%Unchanged
Mizuho Securities USA LLC20,098$3.43M0.07%−3,698−15.5%Reduced
Omers Administration Corp19,840$3.39M0.03%+9,400+90.0%Added
Steel Peak Wealth Management LLC19,838$3.39M0.14%+19,838New
Sanctuary Advisors, LLC19,758$3.37M0.02%−25,396−56.2%Reduced
Avanza Fonder AB19,101$3.36M0.11%00.0%Unchanged
Tredje AP-fonden19,658$3.36M0.03%00.0%Unchanged
Loring Wolcott & Coolidge Fiduciary Advisors LLP18,546$3.31M0.03%−3,020−14.0%Reduced
Teachers Retirement System of the State of Kentucky19,376$3.31M0.03%+741+4.0%Added
Commerce Bank19,217$3.28M0.02%−594−3.0%Reduced
Robertson Stephens Wealth Management, LLC19,145$3.27M0.12%−505−2.6%Reduced
Guggenheim Capital LLC18,529$3.16M0.03%+203+1.1%Added
Patton Fund Management, Inc.18,395$3.14M0.76%−5,524−23.1%Reduced
Old Second National Bank of Aurora18,301$3.12M0.74%−488−2.6%Reduced
TD Private Client Wealth LLC17,978$3.07M0.08%−9,680−35.0%Reduced
NEOS Investment Management LLC17,848$3.05M0.06%+2,487+16.2%Added
Neuberger Berman Group LLC17,730$3.03M0.00%−321,562−94.8%Reduced
Bridgewater Associates, LP17,723$3.03M0.01%+11,966+207.9%Added
Capital International Sarl17,672$3.02M0.07%+6,928+64.5%Added
Bell & Brown Wealth Advisors, LLC17,653$3.01M1.18%+60+0.3%Added
Family Management Corp17,150$2.93M0.48%+17,150New
Kentucky Retirement Systems17,072$2.91M0.09%−181−1.0%Reduced
Appleton Partners Inc17,064$2.91M0.23%−50−0.3%Reduced
Oddo BHF Asset Management SAS17,025$2.91M0.12%+17,025New
Federation des caisses Desjardins du Quebec16,754$2.86M0.01%+1,423+9.3%Added
CIBRA Capital Ltd16,658$2.84M0.99%−11,368−40.6%Reduced
Metis Global Partners, LLC16,609$2.84M0.08%+1,651+11.0%Added
Thompson Investment Management, Inc.16,570$2.83M0.42%−3,446−17.2%Reduced
RBF Capital, LLC16,500$2.82M0.18%00.0%Unchanged
Great Lakes Advisors, LLC16,351$2.79M0.02%−51−0.3%Reduced
Kestra Advisory Services, LLC16,349$2.79M0.01%−4,871−23.0%Reduced
Callan Family Office, LLC16,316$2.79M0.21%−250−1.5%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
Glenview Trust Co15,881$2.71M0.05%−517−3.2%Reduced
Prelude Capital Management, LLC15,532$2.65M0.27%−3,719−19.3%Reduced
Investment Management Corp of Ontario15,501$2.65M0.05%+15,501New
Sanibel Captiva Trust Company, Inc.15,376$2.62M0.09%−450−2.8%Reduced
Hartford Investment Management Co15,323$2.62M0.09%−257−1.6%Reduced
United Capital Financial Advisers, LLC14,946$2.55M0.02%+690+4.8%Added
Mint Tower Capital Management B.V.14,916$2.55M0.94%+2,208+17.4%Added
ASR Vermogensbeheer N.V.14,758$2.52M0.04%+14,758New
Mesirow Financial Investment Management, Inc.14,523$2.48M0.05%−684−4.5%Reduced
Gulf International Bank (UK) Ltd14,444$2.46M0.09%−5,424−27.3%Reduced
Griffin Asset Management, Inc.14,421$2.46M0.30%−28−0.2%Reduced
Toroso Investments, LLC14,143$2.41M0.02%−2,012−12.5%Reduced
Vision Capital Management, Inc.14,075$2.40M0.35%+552+4.1%Added
Atria Wealth Solutions, Inc.14,028$2.39M0.03%−354−2.5%Reduced