Bank of Montreal
DFS

Bank of Montreal’s Discover Financial Services DFS Stock Holding History

Bank of Montreal’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
-344,275
Closed -$58.8M – 3561
2025
Q1 		$58.8M Sell
344,275
-45,448
-12% -$8.31M 0.03% 392
2024
Q4 		$67.5M Sell
389,723
-281,846
-42% -$46.3M 0.03% 380
2024
Q3 		$93.5M Buy
671,569
+104,460
+18% +$14.1M 0.04% 310
2024
Q2 		$71.7M Sell
567,109
-280,043
-33% -$34.9M 0.02% 374
2024
Q1 		$108M Buy
847,152
+379,815
+81% +$43.5M 0.03% 278
2023
Q4 		$52.6M Buy
467,337
+54,929
+13% +$5.08M 0.02% 466
2023
Q3 		$37.3M Sell
412,408
-52,032
-11% -$5.17M 0.01% 501
2023
Q2 		$54.4M Buy
464,440
+57,533
+14% +$6.03M 0.02% 375
2023
Q1 		$40.3M Sell
406,907
-36,953
-8% -$3.96M 0.02% 449
2022
Q4 		$43.4M Buy
443,860
+61,775
+16% +$6.22M 0.02% 428
2022
Q3 		$35.3K Sell
382,085
-9,591
-2% -$971K 0.02% 481
2022
Q2 		$38.6K Sell
391,676
-30,011
-7% -$3.21M 0.02% 512
2022
Q1 		$47.8M Sell
421,687
-81,009
-16% -$9.52M 0.02% 480
2021
Q4 		$58.5M Sell
502,696
-536,391
-52% -$63.5M 0.03% 384
2021
Q3 		$134M Buy
1,039,087
+92,260
+10% +$11.6M 0.06% 269
2021
Q2 		$113M Sell
946,827
-71,343
-7% -$8.07M 0.06% 284
2021
Q1 		$101M Sell
1,018,170
-73,449
-7% -$6.93M 0.07% 251
2020
Q4 		$104M Buy
1,091,619
+94,533
+9% +$7.05M 0.07% 241
2020
Q3 		$60.9M Buy
997,086
+25,789
+3% +$1.35M 0.05% 301
2020
Q2 		$45.1M Sell
971,297
-246,398
-20% -$10.8M 0.04% 350
2020
Q1 		$37.7M Sell
1,217,695
-1,331,088
-52% -$88.2M 0.04% 335
2019
Q4 		$216M Buy
2,548,783
+343,913
+16% +$28.4M 0.16% 118
2019
Q3 		$179M Buy
2,204,870
+29,893
+1% +$2.47M 0.15% 123
2019
Q2 		$169M Sell
2,174,977
-26,256
-1% -$2.03M 0.14% 130
2019
Q1 		$157M Sell
2,201,233
-472,641
-18% -$32.4M 0.13% 143
2018
Q4 		$158M Buy
2,673,874
+357,962
+15% +$24.7M 0.15% 128
2018
Q3 		$177M Buy
2,315,912
+85,508
+4% +$6.44M 0.14% 145
2018
Q2 		$157M Sell
2,230,404
-105,614
-5% -$7.75M 0.13% 152
2018
Q1 		$168M Buy
2,336,018
+181,730
+8% +$14M 0.15% 138
2017
Q4 		$166M Sell
2,154,288
-163,591
-7% -$11.3M 0.14% 151
2017
Q3 		$149M Sell
2,317,879
-40,794
-2% -$2.47M 0.14% 154
2017
Q2 		$147M Sell
2,358,673
-3,068,353
-57% -$190M 0.14% 146
2017
Q1 		$371M Buy
5,427,026
+520,197
+11% +$36.5M 0.35% 55
2016
Q4 		$333M Sell
4,906,829
-256,265
-5% -$16.3M 0.35% 56
2016
Q3 		$292M Sell
5,163,094
-205,688
-4% -$11.8M 0.32% 57
2016
Q2 		$288M Sell
5,368,782
-615,846
-10% -$33.5M 0.33% 57
2016
Q1 		$305M Buy
5,984,628
+994,967
+20% +$47.9M 0.32% 50
2015
Q4 		$268M Buy
4,989,661
+721,643
+17% +$40M 0.32% 60
2015
Q3 		$222M Sell
4,268,018
-843,135
-16% -$46.2M 0.31% 66
2015
Q2 		$295M Sell
5,111,153
-449,350
-8% -$26.4M 0.35% 55
2015
Q1 		$313M Sell
5,560,503
-417,733
-7% -$24.7M 0.36% 51
2014
Q4 		$392M Sell
5,978,236
-745,351
-11% -$47.8M 0.44% 40
2014
Q3 		$433M Sell
6,723,587
-286,934
-4% -$18M 0.49% 38
2014
Q2 		$435M Buy
7,010,521
+1,047,971
+18% +$61.2M 0.49% 38
2014
Q1 		$347M Buy
5,962,550
+8
+0% +$448 0.45% 41
2013
Q4 		$334M Buy
5,962,542
+641,955
+12% +$33.6M 0.46% 37
2013
Q3 		$269M Buy
5,320,587
+320,710
+6% +$16M 0.42% 42
2013
Q2 		$238M Buy
+4,999,877
New +$229M 0.42% 42

Other funds holding DFS

DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale Frankfurt, Germany $59.2B AUM 26.02% 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 $5.16B AUM 18.64% 1-Year Est. Return
VanEck Associates
VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return
IA
IFP Advisors Tampa, Florida $5.54B AUM 27.43% 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

Bank of Montreal's DFS Position: Q2 2025 in Review

Bank of Montreal sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 344,275 shares — an estimated $58.8M sold.

Bank of Montreal first reported a position in DFS in Q2 2013 and held it in 48 quarters. The position peaked at $435M in Q2 2014. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

  • Bank of Montreal reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
  • Bank of Montreal sold 344,275 Discover Financial Services shares in Q2 2025, an estimated $58.8M.
  • Bank of Montreal first reported a position in Discover Financial Services in Q2 2013 and held it in 48 quarters.
  • Bank of Montreal's Discover Financial Services position peaked at $435M in Q2 2014.
  • 10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on Bank of Montreal's 13F filing for Q2 2025, filed 5 Aug 2025.