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
-1,800
Closed -$307K – 5942
2025
Q1 		$307K Sell
1,800
-146,200
-99% -$26.7M ﹤0.01% 5094
2024
Q4 		$25.6M Sell
148,000
-500
-0.3% -$82.1K 0.01% 1321
2024
Q3 		$20.8M Sell
148,500
-69,200
-32% -$9.31M 0.01% 1519
2024
Q2 		$28.5M Sell
217,700
-12,000
-5% -$1.5M 0.01% 1197
2024
Q1 		$30.1M Sell
229,700
-112,600
-33% -$12.9M 0.01% 1191
2023
Q4 		$38.5M Buy
342,300
+149,000
+77% +$13.8M 0.02% 988
2023
Q3 		$16.7M Buy
193,300
+23,400
+14% +$2.32M 0.01% 1579
2023
Q2 		$19.9M Sell
169,900
-8,800
-5% -$922K 0.01% 1397
2023
Q1 		$17.7M Buy
178,700
+35,700
+25% +$3.82M 0.01% 1430
2022
Q4 		$14M Buy
143,000
+78,000
+120% +$7.85M 0.01% 1780
2022
Q3 		$5.91M Buy
65,000
+38,200
+143% +$3.87M ﹤0.01% 2728
2022
Q2 		$2.54M Sell
26,800
-42,700
-61% -$4.57M ﹤0.01% 3457
2022
Q1 		$7.66M Buy
69,500
+46,000
+196% +$5.41M ﹤0.01% 2459
2021
Q4 		$2.72M Buy
+23,500
New +$2.78M ﹤0.01% 3486
2021
Q3 		– Sell
-6,500
Closed -$769K – 6860
2021
Q2 		$769K Sell
6,500
-30,600
-82% -$3.46M ﹤0.01% 4916
2021
Q1 		$3.52M Buy
+37,100
New +$3.5M ﹤0.01% 2968
2020
Q3 		– Sell
-42,600
Closed -$2.13M – 4512
2020
Q2 		$2.13M Hold
42,600
– – ﹤0.01% 2478
2020
Q1 		$1.52M Buy
+42,600
New +$2.82M ﹤0.01% 2203
2013
Q4 		– Sell
-207,300
Closed -$10.5M – 3505
2013
Q3 		$10.5M Buy
+207,300
New +$10.4M 0.03% 659

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.