GI
DFS

GLG Inc’s Discover Financial Services DFS Stock Holding History

GLG Inc’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
2013
Q4 		$31.1M Sell
555,770
-433,676
-44% -$22.7M 0.82% 19
2013
Q3 		$50M Buy
989,446
+431,978
+77% +$21.6M 0.98% 13
2013
Q2 		$26.6M Buy
+557,468
New +$25.6M 0.65% 12

Other funds holding DFS

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
O
OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return
Artisan Partners
Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return
BA
BlackRock Advisors Wilmington, Delaware $98.8B AUM 15.8% 1-Year Est. Return
CI Investments Inc
CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Ameriprise
Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

GLG Inc's DFS Position: Q4 2013 in Review

GLG Inc reduced its Discover Financial Services (DFS) stake by 44% in Q4 2013, selling an estimated $22.7M and leaving 555,770 shares worth $31.1M. The position accounts for 0.82% of the portfolio, ranked #19.

GLG Inc first reported a position in DFS in Q2 2013 and has held it in 3 quarters since. The position peaked at $50M in Q3 2013. 689 funds tracked by Wall St. Rank hold DFS as of Q4 2013.

  • GLG Inc held 555,770 shares of Discover Financial Services worth $31.1M as of Q4 2013.
  • GLG Inc sold 433,676 Discover Financial Services shares in Q4 2013, an estimated $22.7M.
  • Discover Financial Services made up 0.82% of GLG Inc's portfolio in Q4 2013, its #19 holding.
  • GLG Inc first reported a position in Discover Financial Services in Q2 2013 and has held it in 3 quarters since.
  • GLG Inc's Discover Financial Services position peaked at $50M in Q3 2013.
  • 689 funds tracked by Wall St. Rank held Discover Financial Services as of Q4 2013.

Based on GLG Inc's 13F filing for Q4 2013, filed 14 Feb 2014.