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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
Vazirani Asset Management LLC7,500$1.28M4.75%−18,121−70.7%Reduced
Polar Asset Management Partners Inc.7,500$1.28M0.04%+7,500New
EP Wealth Advisors, LLC7,346$1.25M0.01%−99−1.3%Reduced
Stock Yards Bank & Trust Co7,339$1.25M0.04%−997−12.0%Reduced
Kentucky Retirement Systems Insurance Trust Fund7,271$1.24M0.09%−9,692−57.1%Reduced
Parallel Advisors, LLC7,175$1.22M0.03%+281+4.1%Added
HB Wealth Management, LLC7,144$1.22M0.01%+1,759+32.7%Added
STRS Ohio7,089$1.21M0.01%+7,089New
Cresset Asset Management, LLC7,087$1.21M0.01%+629+9.7%Added
Pittenger & Anderson Inc7,085$1.21M0.04%+7,045+17,612.5%Added
Banco Santander, S.A.7,018$1.20M0.01%+7,018New
Commerzbank Aktiengesellschaft7,003$1.20M0.03%+5,037+256.2%Added
Harvest Fund Management Co., Ltd6,949$1.19M0.06%+3,833+123.0%Added
Exchange Traded Concepts, LLC6,944$1.19M0.02%+2,302+49.6%Added
Meeder Advisory Services, Inc.6,905$1.18M0.07%+1,023+17.4%Added
Fifth Third Wealth Advisors LLC6,787$1.16M0.06%+3,694+119.4%Added
Avantax Advisory Services, Inc.6,753$1.15M0.01%+557+9.0%Added
Coldstream Capital Management Inc6,700$1.14M0.02%+488+7.9%Added
Bryn Mawr Trust Co6,673$1.14M0.02%−404−5.7%Reduced
Tiemann Investment Advisors, LLC6,667$1.14M0.52%00.0%Unchanged
VestGen Advisors, LLC6,620$1.13M0.05%+6,620New
Engineers Gate Manager LP6,600$1.13M0.02%−20.0%Reduced
Winton Group Ltd6,569$1.12M0.07%−1,004−13.3%Reduced
Kendall Capital Management6,465$1.10M0.32%−110−1.7%Reduced
Choate Investment Advisors6,460$1.10M0.03%+816+14.5%Added
Wiley Bros.-Aintree Capital, LLC6,954$1.10M0.01%−377−5.1%Reduced
Kestra Investment Management, LLC6,448$1.10M0.03%+6,108+1,796.5%Added
Intrust Bank NA6,369$1.09M0.11%−176−2.7%Reduced
Sowell Financial Services LLC6,334$1.08M0.05%+6,334New
Lido Advisors, LLC6,319$1.08M0.01%−680−9.7%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main6,306$1.08M0.00%−5,000−44.2%Reduced
Montag A & Associates Inc6,272$1.07M0.05%−4,214−40.2%Reduced
Diligent Investors, LLC6,257$1.07M0.26%−97−1.5%Reduced
Sequoia Financial Advisors, LLC6,124$1.05M0.01%−2,030−24.9%Reduced
Vident Advisory, LLC6,097$1.04M0.02%+1,285+26.7%Added
NorthRock Partners, LLC6,077$1.04M0.03%+800+15.2%Added
Peapack Gladstone Financial Corp6,014$1.03M0.02%−203−3.3%Reduced
MUFG Securities EMEA plc6,000$1.02M0.03%+6,000New
First Horizon Advisors, Inc.5,963$1.02M0.03%−16−0.3%Reduced
Greenleaf Trust5,925$1.01M0.01%+77+1.3%Added
Fiduciary Family Office, LLC5,806$991.1K0.33%+5,806New
Empowered Funds, LLC5,772$985.3K0.01%−156−2.6%Reduced
Everence Capital Management Inc5,770$985.0K0.07%00.0%Unchanged
Allstate Corp5,657$965.6K0.03%−1,739−23.5%Reduced
GPS Wealth Strategies Group, LLC5,656$965.5K0.13%−200−3.4%Reduced
Coppell Advisory Solutions LLC5,202$964.3K0.14%+4,717+972.6%Added
Gratus Wealth Advisors, LLC5,557$948.6K0.16%−202−3.5%Reduced
Segment Wealth Management, LLC5,550$947.4K0.06%+83+1.5%Added
Northcape Wealth Management, LLC5,462$932.4K0.30%−183−3.2%Reduced
Kinneret Advisory, LLC5,383$918.9K0.09%−19−0.4%Reduced
Gotham Asset Management, LLC5,375$917.5K0.01%+14+0.3%Added
Jacobi Capital Management LLC5,365$915.8K0.07%−194−3.5%Reduced
Mediolanum International Funds Ltd5,669$899.8K0.01%00.0%Unchanged
United Services Automobile Association5,669$899.8K0.03%+5,669New
Stratos Wealth Partners, LTD.5,252$896.7K0.01%−906−14.7%Reduced
Allworth Financial LP4,765$893.2K0.01%−55−1.1%Reduced
Fort Point Capital Partners LLC5,177$883.7K0.10%+50+1.0%Added
Applied Finance Capital Management, LLC5,158$880.5K0.06%−539−9.5%Reduced
TownSquare Capital, LLC5,082$867.7K0.01%−17−0.3%Reduced
Raiffeisen Bank International AG5,397$856.7K0.01%+5,397New
Sheaff Brock Investment Advisors, LLC5,007$854.7K0.08%+2,900+137.6%Added
Rehmann Capital Advisory Group5,005$854.5K0.05%−147−2.9%Reduced
HM Payson & Co4,956$846.0K0.01%+340+7.4%Added
Crews Bank & Trust4,948$844.6K0.14%−25−0.5%Reduced
American Money Management, LLC4,926$840.9K0.16%−184−3.6%Reduced
Independence Bank of Kentucky4,925$840.7K0.13%−697−12.4%Reduced
Fulton Bank, N.A.4,891$834.9K0.03%−1,589−24.5%Reduced
Corsair Capital Management, L.P.4,889$834.6K0.21%00.0%Unchanged
V-Square Quantitative Management LLC4,807$820.6K0.12%+233+5.1%Added
Covenant Partners, LLC4,775$815.1K0.26%−3,405−41.6%Reduced
Wedbush Securities Inc4,725$807.0K0.03%+765+19.3%Added
Cornercap Investment Counsel Inc4,697$801.8K0.42%−56−1.2%Reduced
Integris Wealth Management, LLC4,681$799.1K0.23%00.0%Unchanged
IMA Wealth, Inc.4,674$797.9K0.09%−456−8.9%Reduced
North Star Asset Management Inc4,669$797.0K0.04%−100−2.1%Reduced
Monetary Management Group Inc4,650$793.8K0.21%00.0%Unchanged
XTX Topco Ltd4,597$784.7K0.04%+4,597New
Financial Engines Advisors L.L.C.4,595$784.4K0.00%+3+0.1%Added
GAMMA Investing LLC4,595$784.4K0.06%−50−1.1%Reduced
Schechter Investment Advisors, LLC4,587$783.0K0.06%−1,885−29.1%Reduced
Keebeck Alpha, LP4,568$779.8K0.91%−9,356−67.2%Reduced
Federated Hermes, Inc.4,557$777.9K0.00%−172−3.6%Reduced
Brighton Jones LLC4,541$775.2K0.02%+163+3.7%Added
Patron Partners Advisors, LLC4,463$761.9K0.41%−37−0.8%Reduced
Skopos Labs, Inc.4,446$758.8K0.16%+1,142+34.6%Added
MUFG Securities Americas Inc.4,443$758.4K0.09%+736+19.9%Added
Nexus Investment Management ULC3,043$747.2K0.08%00.0%Unchanged
Wesbanco Bank Inc4,377$747.2K0.03%−10−0.2%Reduced
Roffman Miller Associates Inc4,371$746.1K0.05%−157−3.5%Reduced
Venturi Wealth Management, LLC4,323$737.9K0.04%+127+3.0%Added
Davenport & Co LLC4,320$737.5K0.00%+142+3.4%Added
Hazlett, Burt & Watson, Inc.4,302$735.0K0.33%00.0%Unchanged
USA Financial Portformulas Corp4,191$715.4K0.12%+4,191New
Two Sigma Securities, LLC4,149$708.2K0.11%+4,149New
Financial Advocates Investment Management4,116$702.6K0.05%−2,271−35.6%Reduced
Apollon Wealth Management, LLC4,089$698.0K0.02%+492+13.7%Added
Pitcairn Co4,076$695.8K0.04%−128−3.0%Reduced
Ballentine Partners, LLC4,067$694.2K0.01%−121−2.9%Reduced
Flavin Financial Services, Inc.4,048$690.9K0.64%−1,363−25.2%Reduced
Concurrent Investment Advisors, LLC4,035$688.8K0.02%+413+11.4%Added