Discover Financial Services
DFS was delisted on the 18th of May, 2025.
707 hedge funds and large institutions have $17.9B invested in Discover Financial Services in 2016 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 270 increasing their positions, 299 reducing their positions, and 79 closing their positions.
47% more call options, than puts
Call options by funds: $196M | Put options by funds: $133M
3.25% more ownership
Funds ownership: 84.02% → 87.27% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
10% less repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 299
5% less funds holding
Funds holding: 743 → 707 (-36)
15% less capital invested
Capital invested by funds: $21.1B → $17.9B (-$3.12B)
29% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$248M |
| 2 |
JP Morgan Chase
New York
|
+$137M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$108M |
| 4 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
+$91.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$76.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$193M |
| 2 |
SIG
Senator Investment Group
New York
|
-$178M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$63.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$50.9M |
| 5 |
Morgan Stanley
New York
|
-$43.9M |
DFS Hedge Fund Activity: Q1 2016 in Review
707 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2016, worth a combined $17.9B — down 15% from $21.1B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of DFS and 56 opened new positions — a net loss of 23 holders — while 299 trimmed existing stakes and 270 added.
The largest buyer was Royal London Asset Management, adding an estimated $248M. The largest seller was T. Rowe Price Associates, cutting an estimated $193M.
- 707 institutional investors held Discover Financial Services (DFS) as of Q1 2016, down from 743 in Q4 2015.
- Funds reported $17.9B of Discover Financial Services stock for Q1 2016, down 15% quarter-over-quarter.
- 56 funds opened new Discover Financial Services positions in Q1 2016 and 79 closed out, a net change of -23 holders.
- The largest Discover Financial Services buyer in Q1 2016 was Royal London Asset Management, an estimated $248M added.
- The largest Discover Financial Services seller in Q1 2016 was T. Rowe Price Associates, an estimated $193M sold.
Based on aggregated 13F filings for Q1 2016.