Discover Financial Services
DFS was delisted on the 18th of May, 2025.
1,029 hedge funds and large institutions have $27.8B invested in Discover Financial Services in 2024 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 341 increasing their positions, 372 reducing their positions, and 83 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 23 → 27 (+4)
10% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 83
0.17% less ownership
Funds ownership: 85.15% → 84.98% (-0.17%)
0% less capital invested
Capital invested by funds: $27.9B → $27.8B (-$118M)
1% less funds holding
Funds holding: 1,036 → 1,029 (-7)
8% less repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 372
20% less call options, than puts
Call options by funds: $134M | Put options by funds: $168M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$439M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$202M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$125M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$100M |
| 5 |
BlackRock
New York
|
+$94.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$294M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$203M |
| 3 |
Barclays
London,
United Kingdom
|
-$182M |
| 4 |
PCM
Palestra Capital Management
New York
|
-$121M |
| 5 |
EC
Eminence Capital
New York
|
-$120M |
DFS Hedge Fund Activity: Q2 2024 in Review
1,029 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2024, worth a combined $27.8B — down 0.42% from $27.9B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new DFS positions and 83 closed out — a net gain of 8 holders — while 341 added to existing stakes and 372 trimmed.
The largest buyer was Capital World Investors, adding an estimated $439M. The largest seller was Boston Partners, cutting an estimated $294M.
- 1,029 institutional investors held Discover Financial Services (DFS) as of Q2 2024, down from 1,036 in Q1 2024.
- Funds reported $27.8B of Discover Financial Services stock for Q2 2024, down 0.42% quarter-over-quarter.
- 91 funds opened new Discover Financial Services positions in Q2 2024 and 83 closed out, a net change of +8 holders.
- The largest Discover Financial Services buyer in Q2 2024 was Capital World Investors, an estimated $439M added.
- The largest Discover Financial Services seller in Q2 2024 was Boston Partners, an estimated $294M sold.
Based on aggregated 13F filings for Q2 2024.