Millennium Management
DFS

Millennium Management’s Discover Financial Services DFS Stock Holding History

Millennium 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
-1,651,554
Closed -$282M – 5941
2025
Q1 		$282M Sell
1,651,554
-42,600
-3% -$7.79M 0.15% 90
2024
Q4 		$293M Sell
1,694,154
-334,538
-16% -$54.9M 0.14% 102
2024
Q3 		$285M Buy
2,028,692
+180,328
+10% +$24.3M 0.14% 98
2024
Q2 		$242M Sell
1,848,364
-277,563
-13% -$34.6M 0.11% 140
2024
Q1 		$279M Buy
2,125,927
+2,120,005
+35,799% +$243M 0.12% 126
2023
Q4 		$666K Sell
5,922
-169,744
-97% -$15.7M ﹤0.01% 4466
2023
Q3 		$15.2M Sell
175,666
-622,456
-78% -$61.8M 0.01% 1660
2023
Q2 		$93.3M Buy
798,122
+130,083
+19% +$13.6M 0.05% 393
2023
Q1 		$66M Sell
668,039
-1,560,224
-70% -$167M 0.04% 528
2022
Q4 		$218M Buy
2,228,263
+554,772
+33% +$55.8M 0.12% 125
2022
Q3 		$152M Buy
1,673,491
+1,095,270
+189% +$111M 0.09% 171
2022
Q2 		$54.7M Buy
578,221
+131,506
+29% +$14.1M 0.03% 598
2022
Q1 		$49.2M Sell
446,715
-337,627
-43% -$39.7M 0.03% 703
2021
Q4 		$90.6M Buy
784,342
+350,915
+81% +$41.5M 0.05% 399
2021
Q3 		$53.2M Buy
433,427
+67,764
+19% +$8.5M 0.03% 605
2021
Q2 		$43.3M Sell
365,663
-384,406
-51% -$43.5M 0.03% 678
2021
Q1 		$71.2M Buy
750,069
+475,946
+174% +$44.9M 0.05% 353
2020
Q4 		$24.8M Sell
274,123
-367,174
-57% -$27.4M 0.02% 904
2020
Q3 		$37.1K Sell
641,297
-143,353
-18% -$7.51M 0.05% 451
2020
Q2 		$39.3M Buy
784,650
+176,748
+29% +$7.77M 0.05% 389
2020
Q1 		$21.7M Buy
607,902
+524,684
+630% +$34.8M 0.05% 414
2019
Q4 		$7.06M Sell
83,218
-313,561
-79% -$25.9M 0.01% 1647
2019
Q3 		$32.2M Sell
396,779
-268,669
-40% -$22.2M 0.05% 507
2019
Q2 		$51.6M Buy
665,448
+158,543
+31% +$12.3M 0.08% 333
2019
Q1 		$36.1M Sell
506,905
-127,553
-20% -$8.73M 0.05% 481
2018
Q4 		$37.4M Buy
634,458
+98,727
+18% +$6.82M 0.06% 446
2018
Q3 		$41M Sell
535,731
-728,238
-58% -$54.8M 0.05% 492
2018
Q2 		$89M Buy
1,263,969
+588,371
+87% +$43.2M 0.12% 218
2018
Q1 		$48.6M Sell
675,598
-142,094
-17% -$11M 0.06% 435
2017
Q4 		$62.9M Sell
817,692
-1,067,365
-57% -$73.4M 0.09% 316
2017
Q3 		$122M Buy
1,885,057
+703,747
+60% +$42.7M 0.19% 99
2017
Q2 		$73.5M Sell
1,181,310
-588,151
-33% -$36.4M 0.13% 187
2017
Q1 		$121M Buy
1,769,461
+1,675,874
+1,791% +$118M 0.22% 82
2016
Q4 		$6.75M Sell
93,587
-773,209
-89% -$49.2M 0.01% 1139
2016
Q3 		$49M Buy
866,796
+490,024
+130% +$28.1M 0.08% 261
2016
Q2 		$20.2M Buy
376,772
+248,268
+193% +$13.5M 0.05% 527
2016
Q1 		$6.54M Sell
128,504
-584,048
-82% -$28.1M 0.02% 1091
2015
Q4 		$38.2M Sell
712,552
-1,618,936
-69% -$89.8M 0.08% 325
2015
Q3 		$121M Sell
2,331,488
-112,672
-5% -$6.18M 0.23% 72
2015
Q2 		$141M Sell
2,444,160
-378,110
-13% -$22.2M 0.27% 57
2015
Q1 		$159M Buy
2,822,270
+1,671,362
+145% +$99M 0.3% 42
2014
Q4 		$75.4M Buy
+1,150,908
New +$73.9M 0.16% 123
2014
Q3 		– Sell
-115,860
Closed -$7.18M – 3751
2014
Q2 		$7.18M Buy
115,860
+79,435
+218% +$4.64M 0.02% 996
2014
Q1 		$2.12M Sell
36,425
-464,119
-93% -$26M 0.01% 1732
2013
Q4 		$28M Sell
500,544
-169,599
-25% -$8.89M 0.09% 231
2013
Q3 		$33.9M Sell
670,143
-1,384,298
-67% -$69.3M 0.11% 170
2013
Q2 		$97.9M Buy
+2,054,441
New +$94.3M 0.3% 18

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 $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

Millennium Management's DFS Position: Q2 2025 in Review

Millennium Management sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 1,651,554 shares — an estimated $282M sold.

Millennium Management first reported a position in DFS in Q2 2013 and held it in 47 quarters. The position peaked at $293M in Q4 2024. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

  • Millennium Management reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
  • Millennium Management sold 1,651,554 Discover Financial Services shares in Q2 2025, an estimated $282M.
  • Millennium Management first reported a position in Discover Financial Services in Q2 2013 and held it in 47 quarters.
  • Millennium Management's Discover Financial Services position peaked at $293M in Q4 2024.
  • 10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on Millennium Management's 13F filing for Q2 2025, filed 14 Aug 2025.