Marketfield Asset Management’s Discover Financial Services DFS Stock Holding History

Marketfield Asset 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
2015 Q1	–	Sell	-1,944,448	Closed	-$127M	–	48
2014 Q4	$127M	Sell	1,944,448 -988,117	-34%	-$63.4M	2.23%	16
2014 Q3	$189M	Sell	2,932,565 -729,081	-20%	-$45.7M	1.78%	22
2014 Q2	$229M	Sell	3,661,646 -127,853	-3%	-$7.47M	1.82%	22
2014 Q1	$221M	Buy	3,789,499 +102,417	+3%	+$5.74M	1.86%	20
2013 Q4	$206M	Buy	3,687,082 +109,689	+3%	+$5.75M	2.05%	19
2013 Q3	$183M	Buy	3,577,393 +467,937	+15%	+$23.4M	2.28%	11
2013 Q2	$148M	Buy	+3,109,456	New	+$143M	2.48%	6

Other funds holding DFS

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

BlackRock Advisors Wilmington, Delaware $98.8B AUM 39.77% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

CI Investments Inc Toronto, Ontario, Canada $20.6B AUM 29.22% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Marketfield Asset Management's DFS Position: Q1 2015 in Review

Marketfield Asset Management sold out of Discover Financial Services (DFS) in Q1 2015, closing a stake of 1,944,448 shares — an estimated $127M sold.

Marketfield Asset Management first reported a position in DFS in Q2 2013 and held it in 7 quarters. The position peaked at $229M in Q2 2014. 779 funds tracked by Wall St. Rank hold DFS as of Q1 2015.

Marketfield Asset Management reported no remaining Discover Financial Services position as of Q1 2015 after selling out during the quarter.
Marketfield Asset Management sold 1,944,448 Discover Financial Services shares in Q1 2015, an estimated $127M.
Marketfield Asset Management first reported a position in Discover Financial Services in Q2 2013 and held it in 7 quarters.
Marketfield Asset Management's Discover Financial Services position peaked at $229M in Q2 2014.
779 funds tracked by Wall St. Rank held Discover Financial Services as of Q1 2015.

Based on Marketfield Asset Management's 13F filing for Q1 2015, filed 14 May 2015.