Parnassus Investments
DFS

Parnassus Investments’s Discover Financial Services DFS Stock Holding History

Parnassus Investments’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
2022
Q4 		– Sell
-800,869
Closed -$72.8M – 141
2022
Q3 		$72.8M Hold
800,869
– – 0.19% 86
2022
Q2 		$75.7M Hold
800,869
– – 0.18% 94
2022
Q1 		$88.2M Hold
800,869
– – 0.18% 99
2021
Q4 		$92.5M Hold
800,869
– – 0.18% 95
2021
Q3 		$98.4M Sell
800,869
-242,592
-23% -$30.4M 0.21% 91
2021
Q2 		$123M Hold
1,043,461
– – 0.27% 84
2021
Q1 		$99.1M Sell
1,043,461
-196,539
-16% -$18.5M 0.24% 82
2020
Q4 		$112M Hold
1,240,000
– – 0.3% 70
2020
Q3 		$71.6M Buy
1,240,000
+240,000
+24% +$12.6M 0.22% 76
2020
Q2 		$50.1M Buy
+1,000,000
New +$44M 0.17% 82

Other funds holding DFS

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Boston Partners
Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return
Norges Bank
Norges Bank Oslo, Norway $935B AUM

Parnassus Investments's DFS Position: Q4 2022 in Review

Parnassus Investments sold out of Discover Financial Services (DFS) in Q4 2022, closing a stake of 800,869 shares — an estimated $72.8M sold.

Parnassus Investments first reported a position in DFS in Q2 2020 and held it in 10 quarters. The position peaked at $123M in Q2 2021. 979 funds tracked by Wall St. Rank hold DFS as of Q4 2022.

  • Parnassus Investments reported no remaining Discover Financial Services position as of Q4 2022 after selling out during the quarter.
  • Parnassus Investments sold 800,869 Discover Financial Services shares in Q4 2022, an estimated $72.8M.
  • Parnassus Investments first reported a position in Discover Financial Services in Q2 2020 and held it in 10 quarters.
  • Parnassus Investments's Discover Financial Services position peaked at $123M in Q2 2021.
  • 979 funds tracked by Wall St. Rank held Discover Financial Services as of Q4 2022.

Based on Parnassus Investments's 13F filing for Q4 2022, filed 30 Jan 2023.