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DFS

Discover Financial Services

Delisted

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

741 hedge funds and large institutions have $12.9B invested in Discover Financial Services in 2020 Q2 according to their latest regulatory filings, with 119 funds opening new positions, 207 increasing their positions, 310 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

60% more call options, than puts

Call options by funds: $253M | Put options by funds: $158M

40% more capital invested

Capital invested by funds: $9.22B → $12.9B (+$3.66B)

32% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 90

3% more funds holding

Funds holding: 718741 (+23)

0.34% more ownership

Funds ownership: 83.85%84.18% (+0.34%)

33% less repeat investments, than reductions

Existing positions increased: 207 | Existing positions reduced: 310

Holders
741
Holders Change
+23
Holders Change %
+3.2%
% of All Funds
15.19%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.14%
New
119
Increased
207
Reduced
310
Closed
90
Calls
$253M
Puts
$158M
Net Calls
+$94.6M
Net Calls Change
+$86.8M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$103M -$224M -5,099,192 -71%
LPC
27
Lone Pine Capital
Connecticut
$102M +$89.6M +2,035,812 New
Legal & General Group
28
Legal & General Group
United Kingdom
$100M -$1.64M -37,368 -2%
PPA
29
Parametric Portfolio Associates
Washington
$96.2M -$4.69M -106,525 -5%
Rockefeller Capital Management
30
Rockefeller Capital Management
New York
$78.5M +$67.7M +1,539,091 +5,587%
Ameriprise
31
Ameriprise
Minnesota
$76.1M +$59.2M +1,344,976 +756%
Barclays
32
Barclays
United Kingdom
$74.4M +$4.06M +92,330 +7%
TCAM
33
Turtle Creek Asset Management
Ontario, Canada
$73.8M -$2.75M -62,600 -4%
EVM
34
Eaton Vance Management
Massachusetts
$71.7M -$931K -21,166 -1%
Invesco
35
Invesco
Georgia
$69.4M +$6.96M +158,311 +13%
UBS AM
36
UBS AM
Illinois
$68.5M -$8.97M -203,958 -13%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$67.4M -$7.38M -167,727 -11%
Deutsche Bank
38
Deutsche Bank
Germany
$66.4M -$53.6M -1,217,439 -48%
WRF
39
Waddell & Reed Financial
Kansas
$66.3M +$58.2M +1,323,947 New
Sumitomo Mitsui Trust Group
40
Sumitomo Mitsui Trust Group
Japan
$66.3M +$1.21M +27,523 +2%
Bank of America
41
Bank of America
North Carolina
$65.8M -$44.5M -1,011,596 -44%
First Trust Advisors
42
First Trust Advisors
Illinois
$60.7M -$24M -546,533 -31%
Ensign Peak Advisors
43
Ensign Peak Advisors
Utah
$55.3M +$21.6M +490,235 +80%
KFM
44
KG Funds Management
New York
$53.8M +$47.3M +1,074,700 New
Prudential Financial
45
Prudential Financial
New Jersey
$51.3M +$24.3M +553,288 +117%
UBS Group
46
UBS Group
Switzerland
$50.3M +$25.8M +587,316 +141%
Parnassus Investments
47
Parnassus Investments
California
$50.1M +$44M +1,000,000 New
DKCM
48
Davidson Kempner Capital Management
New York
$48.8M +$42.9M +974,176 New
AAMU
49
Amundi Asset Management US
Massachusetts
$47.5M +$33.9M +769,560 +429%
Bank of Montreal
50
Bank of Montreal
Ontario, Canada
$45.1M -$10.8M -246,398 -20%

DFS Hedge Fund Activity: Q2 2020 in Review

741 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2020, worth a combined $12.9B — up 40% from $9.22B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new DFS positions and 90 closed out — a net gain of 29 holders — while 207 added to existing stakes and 310 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $345M. The largest seller was Capital World Investors, cutting an estimated $353M.

  • 741 institutional investors held Discover Financial Services (DFS) as of Q2 2020, up from 718 in Q1 2020.
  • Funds reported $12.9B of Discover Financial Services stock for Q2 2020, up 40% quarter-over-quarter.
  • 119 funds opened new Discover Financial Services positions in Q2 2020 and 90 closed out, a net change of +29 holders.
  • The largest Discover Financial Services buyer in Q2 2020 was Fidelity Investments, an estimated $345M added.
  • The largest Discover Financial Services seller in Q2 2020 was Capital World Investors, an estimated $353M sold.

Based on aggregated 13F filings for Q2 2020.