State of Wisconsin Investment Board
DFS

State of Wisconsin Investment Board’s Discover Financial Services DFS Stock Holding History

State of Wisconsin Investment Board’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
-148,817
Closed -$25.4M – 2350
2025
Q1 		$25.4M Buy
148,817
+4,372
+3% +$800K 0.07% 269
2024
Q4 		$25M Sell
144,445
-13,974
-9% -$2.29M 0.06% 277
2024
Q3 		$22.2M Buy
158,419
+7,045
+5% +$948K 0.06% 327
2024
Q2 		$19.8M Buy
151,374
+600
+0.4% +$74.8K 0.05% 333
2024
Q1 		$19.8M Sell
150,774
-14,867
-9% -$1.7M 0.05% 341
2023
Q4 		$18.6M Sell
165,641
-31,261
-16% -$2.89M 0.05% 340
2023
Q3 		$17.1M Buy
196,902
+1,457
+0.7% +$145K 0.05% 357
2023
Q2 		$22.8M Buy
195,445
+4,727
+2% +$495K 0.06% 296
2023
Q1 		$18.9M Buy
190,718
+28,789
+18% +$3.08M 0.06% 348
2022
Q4 		$15.8M Sell
161,929
-10,651
-6% -$1.07M 0.05% 382
2022
Q3 		$15.7M Sell
172,580
-52,118
-23% -$5.27M 0.05% 382
2022
Q2 		$21.3M Sell
224,698
-3,015
-1% -$323K 0.06% 344
2022
Q1 		$25.1M Buy
227,713
+73,764
+48% +$8.67M 0.05% 361
2021
Q4 		$17.8M Sell
153,949
-3,252
-2% -$385K 0.03% 523
2021
Q3 		$19.3M Sell
157,201
-8,419
-5% -$1.06M 0.04% 479
2021
Q2 		$19.6M Sell
165,620
-18,173
-10% -$2.05M 0.04% 475
2021
Q1 		$17.5M Buy
183,793
+20,679
+13% +$1.95M 0.04% 490
2020
Q4 		$14.8M Sell
163,114
-18,000
-10% -$1.34M 0.03% 523
2020
Q3 		$10.5M Sell
181,114
-12,390
-6% -$649K 0.03% 609
2020
Q2 		$9.69M Buy
193,504
+42,070
+28% +$1.85M 0.03% 601
2020
Q1 		$5.4M Sell
151,434
-68,081
-31% -$4.51M 0.02% 752
2019
Q4 		$18.6M Buy
219,515
+8,677
+4% +$716K 0.05% 413
2019
Q3 		$17.1M Buy
210,838
+6,657
+3% +$550K 0.05% 409
2019
Q2 		$15.8M Sell
204,181
-83,345
-29% -$6.45M 0.04% 446
2019
Q1 		$20.5M Sell
287,526
-16,480
-5% -$1.13M 0.06% 358
2018
Q4 		$17.9M Sell
304,006
-3,200
-1% -$221K 0.06% 344
2018
Q3 		$23.5M Sell
307,206
-15,381
-5% -$1.16M 0.06% 310
2018
Q2 		$22.7M Buy
322,587
+16,470
+5% +$1.21M 0.07% 320
2018
Q1 		$22M Sell
306,117
-22,519
-7% -$1.74M 0.06% 329
2017
Q4 		$25.3M Sell
328,636
-7,424
-2% -$511K 0.07% 308
2017
Q3 		$21.7M Buy
336,060
+65,688
+24% +$3.98M 0.06% 329
2017
Q2 		$16.8M Buy
270,372
+87,160
+48% +$5.4M 0.05% 378
2017
Q1 		$12.5M Sell
183,212
-26,490
-13% -$1.86M 0.05% 436
2016
Q4 		$15.1M Sell
209,702
-202,146
-49% -$12.8M 0.07% 343
2016
Q3 		$23.3M Sell
411,848
-212,067
-34% -$12.1M 0.09% 241
2016
Q2 		$33.4M Sell
623,915
-164,653
-21% -$8.96M 0.13% 172
2016
Q1 		$40.2M Buy
788,568
+128,870
+20% +$6.21M 0.16% 144
2015
Q4 		$35.4M Sell
659,698
-55,870
-8% -$3.1M 0.14% 165
2015
Q3 		$37.2M Buy
715,568
+219,350
+44% +$12M 0.14% 150
2015
Q2 		$28.6M Buy
496,218
+142,160
+40% +$8.34M 0.1% 239
2015
Q1 		$20M Sell
354,058
-9,690
-3% -$574K 0.07% 339
2014
Q4 		$23.8M Buy
363,748
+20,760
+6% +$1.33M 0.08% 297
2014
Q3 		$22.1M Sell
342,988
-297,000
-46% -$18.6M 0.08% 296
2014
Q2 		$39.7M Buy
639,988
+134,420
+27% +$7.85M 0.14% 168
2014
Q1 		$29.4M Sell
505,568
-9,610
-2% -$538K 0.11% 208
2013
Q4 		$28.8M Sell
515,178
-10,430
-2% -$547K 0.11% 215
2013
Q3 		$26.6M Sell
525,608
-27,950
-5% -$1.4M 0.11% 218
2013
Q2 		$26.4M Buy
+553,558
New +$25.4M 0.11% 217

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

State of Wisconsin Investment Board's DFS Position: Q2 2025 in Review

State of Wisconsin Investment Board sold out of Discover Financial Services (DFS) in Q2 2025, closing a stake of 148,817 shares — an estimated $25.4M sold.

State of Wisconsin Investment Board first reported a position in DFS in Q2 2013 and held it in 48 quarters. The position peaked at $40.2M in Q1 2016. 10 funds tracked by Wall St. Rank hold DFS as of Q2 2025.

  • State of Wisconsin Investment Board reported no remaining Discover Financial Services position as of Q2 2025 after selling out during the quarter.
  • State of Wisconsin Investment Board sold 148,817 Discover Financial Services shares in Q2 2025, an estimated $25.4M.
  • State of Wisconsin Investment Board first reported a position in Discover Financial Services in Q2 2013 and held it in 48 quarters.
  • State of Wisconsin Investment Board's Discover Financial Services position peaked at $40.2M in Q1 2016.
  • 10 funds tracked by Wall St. Rank held Discover Financial Services as of Q2 2025.

Based on State of Wisconsin Investment Board's 13F filing for Q2 2025, filed 14 Aug 2025.