Retirement Systems of Alabama
DFS

Retirement Systems of Alabama’s Discover Financial Services DFS Stock Holding History

Retirement Systems of Alabama’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
-53,938
Closed -$9.21M – 939
2025
Q1 		$9.21M Sell
53,938
-422
-0.8% -$77.2K 0.04% 496
2024
Q4 		$9.42M Sell
54,360
-524
-1% -$86K 0.03% 500
2024
Q3 		$7.7M Sell
54,884
-394
-0.7% -$53K 0.03% 585
2024
Q2 		$7.23M Buy
55,278
+88
+0.2% +$11K 0.03% 580
2024
Q1 		$7.23M Buy
55,190
+81
+0.1% +$9.28K 0.03% 595
2023
Q4 		$6.19M Sell
55,109
-1,407
-2% -$130K 0.03% 627
2023
Q3 		$4.9M Sell
56,516
-1,199
-2% -$119K 0.02% 662
2023
Q2 		$6.74M Sell
57,715
-21,203
-27% -$2.22M 0.03% 573
2023
Q1 		$7.8M Sell
78,918
-8,613
-10% -$922K 0.03% 537
2022
Q4 		$8.56M Sell
87,531
-3,202
-4% -$322K 0.04% 512
2022
Q3 		$8.25M Sell
90,733
-2,410
-3% -$244K 0.04% 484
2022
Q2 		$8.81M Sell
93,143
-2,280
-2% -$244K 0.04% 496
2022
Q1 		$10.5M Sell
95,423
-1,688
-2% -$198K 0.04% 484
2021
Q4 		$11.2M Sell
97,111
-5,727
-6% -$677K 0.04% 483
2021
Q3 		$12.6M Sell
102,838
-8,691
-8% -$1.09M 0.05% 413
2021
Q2 		$13.2M Sell
111,529
-2,863
-3% -$324K 0.05% 407
2021
Q1 		$10.9M Sell
114,392
-8,715
-7% -$822K 0.04% 479
2020
Q4 		$11.1M Sell
123,107
-396
-0.3% -$29.5K 0.04% 450
2020
Q3 		$7.14M Sell
123,503
-7,464
-6% -$391K 0.03% 511
2020
Q2 		$6.56M Sell
130,967
-6,830
-5% -$300K 0.03% 521
2020
Q1 		$4.92M Buy
137,797
+32
+0% +$2.12K 0.03% 569
2019
Q4 		$11.7M Sell
137,765
-1,598
-1% -$132K 0.05% 388
2019
Q3 		$11.3M Sell
139,363
-11,628
-8% -$960K 0.05% 386
2019
Q2 		$11.7M Sell
150,991
-1,920
-1% -$149K 0.05% 375
2019
Q1 		$10.9M Sell
152,911
-5,109
-3% -$350K 0.05% 385
2018
Q4 		$9.32M Hold
158,020
– – 0.05% 391
2018
Q3 		$12.1M Sell
158,020
-5,701
-3% -$429K 0.06% 367
2018
Q2 		$11.5M Sell
163,721
-5,753
-3% -$422K 0.06% 382
2018
Q1 		$12.2M Sell
169,474
-6,625
-4% -$511K 0.06% 364
2017
Q4 		$13.5M Sell
176,099
-4,550
-3% -$313K 0.07% 331
2017
Q3 		$11.6M Sell
180,649
-3,688
-2% -$224K 0.06% 363
2017
Q2 		$11.5M Sell
184,337
-2,023
-1% -$125K 0.06% 351
2017
Q1 		$12.7M Sell
186,360
-6,043
-3% -$424K 0.07% 319
2016
Q4 		$13.9M Sell
192,403
-11,739
-6% -$746K 0.08% 279
2016
Q3 		$11.5M Sell
204,142
-6,013
-3% -$344K 0.07% 329
2016
Q2 		$11.3M Sell
210,155
-1,484
-0.7% -$80.7K 0.07% 355
2016
Q1 		$10.8M Sell
211,639
-10,043
-5% -$484K 0.06% 353
2015
Q4 		$11.9M Sell
221,682
-23,891
-10% -$1.33M 0.07% 323
2015
Q3 		$12.8M Sell
245,573
-8,282
-3% -$454K 0.08% 298
2015
Q2 		$14.6M Sell
253,855
-5,461
-2% -$320K 0.08% 284
2015
Q1 		$14.6M Sell
259,316
-8,602
-3% -$509K 0.08% 300
2014
Q4 		$17.5M Buy
267,918
+19
+0% +$1.22K 0.09% 245
2014
Q3 		$17.3M Sell
267,899
-11,627
-4% -$729K 0.1% 234
2014
Q2 		$17.3M Sell
279,526
-2,152
-0.8% -$126K 0.1% 239
2014
Q1 		$16.4M Sell
281,678
-6,494
-2% -$364K 0.1% 238
2013
Q4 		$16.1M Buy
288,172
+324
+0.1% +$17K 0.1% 224
2013
Q3 		$14.5M Sell
287,848
-4,936
-2% -$247K 0.09% 221
2013
Q2 		$13.9M Buy
+292,784
New +$13.4M 0.09% 222

Other funds holding DFS

DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale Frankfurt, Germany $59.2B AUM 26.02% 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 $5.16B AUM 18.64% 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

Retirement Systems of Alabama's DFS Position: Q2 2025 in Review

Retirement Systems of Alabama sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 53,938 shares — an estimated $9.21M sold.

Retirement Systems of Alabama first reported a position in DFS in Q2 2013 and held it in 48 quarters. The position peaked at $17.5M in Q4 2014. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

  • Retirement Systems of Alabama reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
  • Retirement Systems of Alabama sold 53,938 Discover Financial Services shares in Q2 2025, an estimated $9.21M.
  • Retirement Systems of Alabama first reported a position in Discover Financial Services in Q2 2013 and held it in 48 quarters.
  • Retirement Systems of Alabama's Discover Financial Services position peaked at $17.5M in Q4 2014.
  • 10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on Retirement Systems of Alabama's 13F filing for Q2 2025, filed 4 Aug 2025.