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DFS

Discover Financial Services

Delisted

DFS was delisted on the 18th of May, 2025.

10 hedge funds and large institutions have $15.3M invested in Discover Financial Services in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1,155 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 5

86.89% less ownership

Funds ownership: 86.93%0.04% (-87%)

99% less funds holding

Funds holding: 1,17610 (-1,166)

100% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1,155

100% less capital invested

Capital invested by funds: $37.3B → $15.3M (-$37.3B)

100% less funds holding in top 10

Funds holding in top 10: 410 (-41)

Holders
10
Holders Change
-1,166
Holders Change %
-99.15%
% of All Funds
0.13%
Holding in Top 10
Holding in Top 10 Change
-41
Holding in Top 10 Change %
-100%
% of All Funds
New
1
Increased
2
Reduced
5
Closed
1,155
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EMPI
326
Elo Mutual Pension Insurance
Finland
-$4.25M -24,873 Closed
IMRF
327
Illinois Municipal Retirement Fund
Illinois
-$4.24M -24,818 Closed
First Trust Advisors
328
First Trust Advisors
Illinois
-$4.21M -24,677 Closed
MS
329
Maven Securities
Jersey
-$4.2M -24,617 Closed
NSEDCP
330
NJ State Employees Deferred Compensation Plan
New Jersey
-$4.16M -24,350 Closed
ECM
331
ExodusPoint Capital Management
New York
-$4.11M -24,087 Closed
Assenagon Asset Management
332
Assenagon Asset Management
Luxembourg
-$4.1M -23,995 Closed
TSW
333
Thompson Siegel & Walmsley
Virginia
-$4.06M -23,779 Closed
Cambridge Investment Research Advisors
334
Cambridge Investment Research Advisors
Iowa
-$4.03M -23,596 Closed
CIBC Private Wealth Group
335
CIBC Private Wealth Group
Georgia
-$3.47M -23,443 Closed
M&T Bank
336
M&T Bank
New York
-$3.97M -23,233 Closed
VI
337
Vestcor Inc
New Brunswick, Canada
-$3.95M -23,142 Closed
APF
338
Alaska Permanent Fund
Alaska
-$4.22M -23,118 Closed
BFM
339
Boothbay Fund Management
New York
-$3.95M -23,117 Closed
TS
340
Twin Securities
New York
-$3.94M -23,101 Closed
CPIG
341
Chicago Partners Investment Group
Illinois
-$4.32M -22,812 Closed
CT
342
ClearAlpha Technologies
Connecticut
-$3.83M -22,455 Closed
CC
343
Centiva Capital
New York
-$3.83M -22,421 Closed
CFP
344
Cypress Financial Planning
New Jersey
-$3.8M -22,247 Closed
Northwestern Mutual Wealth Management
345
Northwestern Mutual Wealth Management
Wisconsin
-$3.76M -22,007 Closed
UM
346
UniSuper Management
Australia
-$3.75M -21,964 Closed
SAM
347
Shell Asset Management
Netherlands
-$3.74M -21,932 Closed
NAAA
348
New Age Alpha Advisors
New York
-$3.69M -21,596 Closed
OPERF
349
Oregon Public Employees Retirement Fund
Oregon
-$3.68M -21,551 Closed
HIMC
350
Heritage Investors Management Corp
Maryland
-$3.64M -21,300 Closed

DFS Hedge Fund Activity: Q2 2025 in Review

10 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2025, worth a combined $15.3M — down 100% from $37.3B a quarter earlier.

Sellers outnumbered buyers: 1,155 funds closed out of DFS and 1 opened new positions — a net loss of 1,154 holders — while 5 trimmed existing stakes and 2 added.

The largest buyer was IFP Advisors, adding an estimated $146K. The largest seller was Vanguard Group, exiting entirely with an estimated $5.32B sold.

  • 10 institutional investors held Discover Financial Services (DFS) as of Q2 2025, down from 1,176 in Q1 2025.
  • Funds reported $15.3M of Discover Financial Services stock for Q2 2025, down 100% quarter-over-quarter.
  • 1 fund opened new Discover Financial Services positions in Q2 2025 and 1,155 closed out, a net change of -1,154 holders.
  • The largest Discover Financial Services buyer in Q2 2025 was IFP Advisors, an estimated $146K added.
  • The largest Discover Financial Services seller in Q2 2025 was Vanguard Group, an estimated $5.32B sold.

Based on aggregated 13F filings for Q2 2025.