State of New Jersey Common Pension Fund D’s Discover Financial Services DFS Stock Holding History

State of New Jersey Common Pension Fund D’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	-84,520	Closed	-$14.4M	–	1486
2025 Q1	$14.4M	Sell	84,520 -7,479	-8%	-$1.37M	0.06%	265
2024 Q4	$15.9M	Hold	91,999	–	–	0.06%	255
2024 Q3	$12.9M	Hold	91,999	–	–	0.05%	309
2024 Q2	$12M	Sell	91,999 -51,838	-36%	-$6.46M	0.05%	309
2024 Q1	$18.9M	Hold	143,837	–	–	0.06%	313
2023 Q4	$16.2M	Hold	143,837	–	–	0.05%	329
2023 Q3	$12.5M	Sell	143,837 -7,952	-5%	-$790K	0.04%	370
2023 Q2	$17.7M	Sell	151,789 -6,518	-4%	-$683K	0.06%	310
2023 Q1	$15.6M	Sell	158,307 -1,335	-0.8%	-$143K	0.06%	331
2022 Q4	$15.6M	Sell	159,642 -4,711	-3%	-$474K	0.06%	325
2022 Q3	$14.9M	Sell	164,353 -2,629	-2%	-$266K	0.06%	309
2022 Q2	$15.8M	Sell	166,982 -4,899	-3%	-$524K	0.06%	301
2022 Q1	$18.9M	Sell	171,881 -2,719	-2%	-$319K	0.06%	296
2021 Q4	$20.2M	Sell	174,600 -4,650	-3%	-$550K	0.06%	299
2021 Q3	$22M	Sell	179,250 -2,187	-1%	-$274K	0.07%	265
2021 Q2	$21.5M	Buy	181,437 +1,860	+1%	+$210K	0.07%	265
2021 Q1	$17.1M	Sell	179,577 -8,113	-4%	-$765K	0.06%	312
2020 Q4	$17M	Sell	187,690 -6,044	-3%	-$451K	0.06%	314
2020 Q3	$11.2M	Sell	193,734 -3,350	-2%	-$175K	0.04%	375
2020 Q2	$9.87M	Sell	197,084 -33,633	-15%	-$1.48M	0.04%	403
2020 Q1	$8.23M	Hold	230,717	–	–	0.04%	413
2019 Q4	$19.6M	Sell	230,717 -22,483	-9%	-$1.85M	0.07%	261
2019 Q3	$20.5M	Sell	253,200 -106,800	-30%	-$8.82M	0.08%	256
2019 Q2	$27.9M	Buy	360,000 +150,500	+72%	+$11.7M	0.1%	226
2019 Q1	$14.9M	Hold	209,500	–	–	0.06%	344
2018 Q4	$12.4M	Hold	209,500	–	–	0.05%	348
2018 Q3	$16M	Sell	209,500 -88,000	-30%	-$6.63M	0.06%	336
2018 Q2	$20.9M	Sell	297,500 -40,000	-12%	-$2.93M	0.08%	289
2018 Q1	$24.3M	Hold	337,500	–	–	0.09%	244
2017 Q4	$26M	Hold	337,500	–	–	0.1%	235
2017 Q3	$21.8M	Hold	337,500	–	–	0.09%	259
2017 Q2	$21M	Hold	337,500	–	–	0.09%	260
2017 Q1	$23.1M	Hold	337,500	–	–	0.1%	234
2016 Q4	$24.3M	Hold	337,500	–	–	0.1%	229
2016 Q3	$19.1M	Hold	337,500	–	–	0.08%	269
2016 Q2	$18.1M	Sell	337,500 -520,000	-61%	-$28.3M	0.08%	263
2016 Q1	$43.7M	Sell	857,500 -80,000	-9%	-$3.86M	0.2%	123
2015 Q4	$50.3M	Sell	937,500 -40,000	-4%	-$2.22M	0.21%	118
2015 Q3	$50.8M	Hold	977,500	–	–	0.22%	122
2015 Q2	$56.3M	Buy	977,500 +40,000	+4%	+$2.35M	0.22%	124
2015 Q1	$52.8M	Buy	937,500 +600,000	+178%	+$35.5M	0.21%	123
2014 Q4	$22.1M	Hold	337,500	–	–	0.09%	272
2014 Q3	$21.7M	Hold	337,500	–	–	0.09%	271
2014 Q2	$20.9M	Buy	+337,500	New	+$19.7M	0.08%	276

Other funds holding DFS

DekaBank Deutsche Girozentrale Frankfurt, Germany $59.2B AUM 26.02% 1-Year Est. Return

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 New York $133B AUM 72.99% 1-Year Est. Return

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

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

State of New Jersey Common Pension Fund D's DFS Position: Q2 2025 in Review

State of New Jersey Common Pension Fund D sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 84,520 shares — an estimated $14.4M sold.

State of New Jersey Common Pension Fund D first reported a position in DFS in Q2 2014 and held it in 44 quarters. The position peaked at $56.3M in Q2 2015. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

State of New Jersey Common Pension Fund D reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
State of New Jersey Common Pension Fund D sold 84,520 Discover Financial Services shares in Q2 2025, an estimated $14.4M.
State of New Jersey Common Pension Fund D first reported a position in Discover Financial Services in Q2 2014 and held it in 44 quarters.
State of New Jersey Common Pension Fund D's Discover Financial Services position peaked at $56.3M in Q2 2015.
10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on State of New Jersey Common Pension Fund D's 13F filing for Q2 2025, filed 31 Jul 2025.