AAM
DFS

Alpine Associates Management’s Discover Financial Services DFS Stock Holding History

Alpine Associates Management’s Portfolio DFS Stock Details DFS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q2 		– Sell
-987,635
Closed -$169M – 52
2025
Q1 		$169M Buy
987,635
+123,471
+14% +$22.6M 8.83% 2
2024
Q4 		$150M Sell
864,164
-14,000
-2% -$2.3M 9.08% 2
2024
Q3 		$123M Buy
878,164
+18,670
+2% +$2.51M 5.65% 5
2024
Q2 		$112M Sell
859,494
-140,113
-14% -$17.5M 5.38% 6
2024
Q1 		$131M Buy
+999,607
New +$115M 5.11% 4
2015
Q1 		– Sell
-279,300
Closed -$18.3M – 74
2014
Q4 		$18.3M Buy
+279,300
New +$17.9M 0.56% 43

Other funds holding DFS

DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale Frankfurt, Germany $60.6B AUM 23.27% 1-Year Est. Return
Osaic Holdings
Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return
DWM
Dynasty Wealth Management St. Petersburg, Florida $11.5B AUM 15.23% 1-Year Est. Return
KIM
Kestra Investment Management Austin, Texas $5.8B AUM 14.71% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
IA
IFP Advisors Tampa, Florida $4.82B AUM 20.19% 1-Year Est. Return
SS
Sunbelt Securities Houston, Texas $1.58B AUM 28.96% 1-Year Est. Return
OLVIG
Oliver Lagore Vanvalin Investment Group Flint, Michigan $255M AUM
HNB
Huntington National Bank Columbus, Ohio $18.1B AUM 24.69% 1-Year Est. Return

Alpine Associates Management's DFS Position: Q2 2025 in Review

Alpine Associates Management sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 987,635 shares — an estimated $169M sold.

Alpine Associates Management first reported a position in DFS in Q4 2014 and held it in 6 quarters. The position peaked at $169M in Q1 2025. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

  • Alpine Associates Management reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
  • Alpine Associates Management sold 987,635 Discover Financial Services shares in Q2 2025, an estimated $169M.
  • Alpine Associates Management first reported a position in Discover Financial Services in Q4 2014 and held it in 6 quarters.
  • Alpine Associates Management's Discover Financial Services position peaked at $169M in Q1 2025.
  • 10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on Alpine Associates Management's 13F filing for Q2 2025, filed 5 Aug 2025.