Discover Financial Services
DFS was delisted on the 18th of May, 2025.
729 hedge funds and large institutions have $18.6B invested in Discover Financial Services in 2016 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 267 increasing their positions, 280 reducing their positions, and 48 closing their positions.
60% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 48
14% more call options, than puts
Call options by funds: $177M | Put options by funds: $155M
3% more funds holding
Funds holding: 707 → 729 (+22)
4% more capital invested
Capital invested by funds: $17.9B → $18.6B (+$679M)
5% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 280
3.02% less ownership
Funds ownership: 87.27% → 84.25% (-3%)
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$194M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$97.1M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$68.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$65.2M |
| 5 |
Primecap Management
Pasadena,
California
|
+$54.9M |
Top Sellers
| 1 |
Royal London Asset Management
United Kingdom
|
-$280M |
| 2 |
SIG
Senator Investment Group
New York
|
-$204M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$176M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$159M |
| 5 |
JP Morgan Chase
New York
|
-$132M |
DFS Hedge Fund Activity: Q2 2016 in Review
729 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2016, worth a combined $18.6B — up 3.8% from $17.9B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new DFS positions and 48 closed out — a net gain of 29 holders — while 267 added to existing stakes and 280 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $194M. The largest seller was Royal London Asset Management, cutting an estimated $280M.
- 729 institutional investors held Discover Financial Services (DFS) as of Q2 2016, up from 707 in Q1 2016.
- Funds reported $18.6B of Discover Financial Services stock for Q2 2016, up 3.8% quarter-over-quarter.
- 77 funds opened new Discover Financial Services positions in Q2 2016 and 48 closed out, a net change of +29 holders.
- The largest Discover Financial Services buyer in Q2 2016 was Citadel Advisors, an estimated $194M added.
- The largest Discover Financial Services seller in Q2 2016 was Royal London Asset Management, an estimated $280M sold.
Based on aggregated 13F filings for Q2 2016.