Discover Financial Services
DFS was delisted on the 18th of May, 2025.
801 hedge funds and large institutions have $20B invested in Discover Financial Services in 2017 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 274 increasing their positions, 327 reducing their positions, and 70 closing their positions.
39% more call options, than puts
Call options by funds: $128M | Put options by funds: $92.6M
14% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 70
0% more funds holding
Funds holding: 801 → 801 (0)
0.32% less ownership
Funds ownership: 84.85% → 84.53% (-0.32%)
10% less capital invested
Capital invested by funds: $22.3B → $20B (-$2.29B)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
16% less repeat investments, than reductions
Existing positions increased: 274 | Existing positions reduced: 327
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$206M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$199M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$180M |
| 4 |
Primecap Management
Pasadena,
California
|
+$146M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$336M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$226M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$190M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$119M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$103M |
DFS Hedge Fund Activity: Q2 2017 in Review
801 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2017, worth a combined $20B — down 10% from $22.3B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new DFS positions and 70 closed out — a net gain of 10 holders — while 274 added to existing stakes and 327 trimmed.
The largest buyer was Diamond Hill Capital Management, adding an estimated $206M. The largest seller was JP Morgan Chase, cutting an estimated $336M.
- 801 institutional investors held Discover Financial Services (DFS) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $20B of Discover Financial Services stock for Q2 2017, down 10% quarter-over-quarter.
- 80 funds opened new Discover Financial Services positions in Q2 2017 and 70 closed out, a net change of +10 holders.
- The largest Discover Financial Services buyer in Q2 2017 was Diamond Hill Capital Management, an estimated $206M added.
- The largest Discover Financial Services seller in Q2 2017 was JP Morgan Chase, an estimated $336M sold.
Based on aggregated 13F filings for Q2 2017.