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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
Court Place Advisors, LLC1,878$320.6K0.11%00.0%Unchanged
Smartleaf Asset Management LLC2,000$317.5K0.03%+76+4.0%Added
Advisor Resource Council2,069$315.5K0.03%+2,069New
Vicus Capital1,848$315.5K0.03%+21+1.1%Added
Perigon Wealth Management, LLC1,848$315.4K0.01%−119−6.0%Reduced
MBB Public Markets I LLC1,846$315.1K0.04%+1,846New
IFP Advisors, Inc1,844$314.6K0.01%−467−20.2%Reduced
Relyea Zuckerberg Hanson LLC1,836$313.4K0.04%−216−10.5%Reduced
Lee Danner & Bass Inc1,825$311.5K0.03%00.0%Unchanged
Washington Trust Co1,818$310.3K0.01%00.0%Unchanged
Arkadios Wealth Advisors1,817$310.2K0.01%+86+5.0%Added
Foundations Investment Advisors, LLC1,811$309.2K0.01%−132−6.8%Reduced
Bartlett & Co. Wealth Management LLC1,810$309.0K0.00%+1+0.1%Added
Gladstone Institutional Advisory LLC1,805$308.1K0.01%−3−0.2%Reduced
Sagespring Wealth Partners, LLC1,785$304.6K0.01%+143+8.7%Added
AA Financial Advisors, LLC1,770$302.1K0.07%+378+27.2%Added
Prepared Retirement Institute LLC1,752$299.1K0.19%00.0%Unchanged
True Link Financial Advisors, LLC1,749$298.6K0.02%+1,749New
Spears Abacus Advisors LLC1,740$297.0K0.01%00.0%Unchanged
Kraft, Davis & Associates, LLC1,716$296.5K0.10%+1,716New
Ameritas Advisory Services, LLC1,723$295.4K0.01%00.0%Unchanged
Hills Bank & Trust Co1,724$294.3K0.02%00.0%Unchanged
44 Wealth Management LLC1,722$293.9K0.11%+76+4.6%Added
Gries Financial LLC1,716$292.9K0.06%−4−0.2%Reduced
N.E.W. Advisory Services LLC1,707$291.4K0.02%+1,707New
First Bank & Trust1,703$290.7K0.06%−56−3.2%Reduced
Aspire Private Capital, LLC1,683$287.2K0.07%−717−29.9%Reduced
Burt Wealth Advisors1,673$285.6K0.07%00.0%Unchanged
Personal Cfo Solutions, LLC1,660$283.4K0.06%+1,660New
Woodmont Investment Counsel LLC1,654$282.3K0.02%00.0%Unchanged
PFG Investments, LLC1,648$281.3K0.02%−143−8.0%Reduced
Sunflower Bank, N.A.1,645$280.8K0.08%−16−1.0%Reduced
Americana Partners, LLC1,627$277.7K0.01%00.0%Unchanged
First Foundation Advisors1,619$276.4K0.01%+1,619New
OneAscent Financial Services LLC1,621$276.0K0.02%−15−0.9%Reduced
Clifford Swan Investment Counsel LLC1,615$275.7K0.01%00.0%Unchanged
IHT Wealth Management, LLC1,605$274.0K0.01%−358−18.2%Reduced
NDVR, Inc.1,603$273.6K0.28%−38−2.3%Reduced
McLean Asset Management Corp1,843$273.2K0.09%+10+0.5%Added
Versant Capital Management, Inc1,597$272.6K0.05%+307+23.8%Added
Legacy Capital Wealth Partners, LLC1,595$272.3K0.07%−1,021−39.0%Reduced
GWN Securities Inc.1,398$271.1K0.02%+1,398New
Trust Co of Virginia1,567$267.5K0.02%00.0%Unchanged
Cullen/Frost Bankers, Inc.1,566$267.3K0.00%−680−30.3%Reduced
Brookstone Capital Management1,555$265.5K0.00%−70−4.3%Reduced
CMC Financial Group1,553$265.1K0.60%+246+18.8%Added
Warren Averett Asset Management, LLC1,549$264.4K0.00%+1,549New
Permanens Capital L.P.1,546$263.9K0.05%+1,546New
S-Bank Fund Management Ltd1,541$263.0K0.05%+1,541New
Conning Inc.1,540$262.9K0.01%+235+18.0%Added
Prospera Financial Services Inc1,536$262.3K0.01%+175+12.9%Added
Belpointe Asset Management LLC1,536$262.2K0.01%−108−6.6%Reduced
Ascent Group, LLC1,533$261.7K0.01%+1,533New
Mayflower Financial Advisors, LLC1,516$258.8K0.04%+66+4.6%Added
Capula Management Ltd1,513$258.3K0.00%+1,513New
Journey Advisory Group, LLC1,511$257.9K0.02%+1,511New
Moloney Securities Asset Management, LLC1,505$256.9K0.03%+8+0.5%Added
Roberts Glore & Co Inc1,500$256.1K0.08%−30−2.0%Reduced
Catalyst Financial Partners LLC1,471$251.1K0.05%−10−0.7%Reduced
GTS Securities LLC1,470$250.9K0.01%−70−4.5%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC1,468$250.5K0.01%−3−0.2%Reduced
Meridian Wealth Management, LLC1,466$250.2K0.01%−57−3.7%Reduced
Park Place Capital Corp1,463$249.7K0.07%−162−10.0%Reduced
Camden Capital, LLC1,460$249.2K0.03%+10+0.7%Added
Pzena Investment Management LLC1,459$249.1K0.00%+1,459New
Ashton Thomas Private Wealth, LLC1,458$248.9K0.01%+130+9.8%Added
AssuredPartners Investment Advisors, LLC1,457$248.7K0.05%+216+17.4%Added
Williams Jones Wealth Management, LLC.1,456$248.5K0.00%00.0%Unchanged
Seed Wealth Management, Inc.1,453$248.0K0.20%00.0%Unchanged
Evergreen Capital Management LLC1,452$247.9K0.01%+1,452New
Leavell Investment Management, Inc.1,450$247.5K0.01%00.0%Unchanged
Alta Advisers Ltd1,450$247.5K0.11%+1,450New
Tanager Wealth Management LLP1,443$246.3K0.03%+16+1.1%Added
Argent Trust Co1,440$245.8K0.01%+1,440New
Brown Brothers Harriman & Co1,422$242.7K0.00%+11+0.8%Added
LRI Investments, LLC1,411$240.9K0.02%00.0%Unchanged
Bell Bank1,408$240.3K0.01%00.0%Unchanged
HHM Wealth Advisors, LLC1,407$240.2K0.03%00.0%Unchanged
AF Advisors, Inc.1,405$239.8K0.05%00.0%Unchanged
Geneos Wealth Management Inc.1,405$239.8K0.01%+52+3.8%Added
Retirement Guys Formula LLC1,400$239.0K0.12%+6+0.4%Added
Bridgewater Advisors Inc.1,280$237.2K0.02%+1,280New
Gryphon Financial Partners LLC1,388$237.0K0.03%+1,388New
Sandy Spring Bank1,382$235.9K0.01%00.0%Unchanged
Meyer Handelman Co1,380$235.6K0.01%00.0%Unchanged
Saranac Partners Ltd1,370$233.9K0.13%00.0%Unchanged
Almanack Investment Partners, LLC.1,367$233.3K0.05%−516−27.4%Reduced
ICONIQ Capital, LLC1,360$232.2K0.00%+1,360New
Equity Investment Corp1,354$231.1K0.01%00.0%Unchanged
Trust Point Inc.1,351$230.6K0.02%+82+6.5%Added
Twin Peaks Wealth Advisors, LLC1,433$229.5K0.10%−1−0.1%Reduced
Private Trust Co NA1,344$229.4K0.02%+52+4.0%Added
Kathmere Capital Management, LLC1,343$229.3K0.02%00.0%Unchanged
Charter Oak Capital Management, LLC1,334$227.7K0.02%+1,334New
Avidian Wealth Solutions, LLC1,334$227.7K0.01%+70+5.5%Added
Lazard Asset Management LLC1,334$227.0K0.00%+360+37.0%Added
SkyOak Wealth, LLC1,329$226.9K0.05%+1,329New
Obsidian Personal Planning Solutions LLC1,241$226.7K0.10%00.0%Unchanged
Doheny Asset Management1,325$226.0K0.18%−50−3.6%Reduced
Howard Capital Management Inc.1,322$225.7K0.01%−207−13.5%Reduced