Discover Financial Services
DFS was delisted on the 18th of May, 2025.
741 hedge funds and large institutions have $15.1B invested in Discover Financial Services in 2020 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 209 increasing their positions, 306 reducing their positions, and 89 closing their positions.
86% more funds holding in top 10
Funds holding in top 10: 7 → 13 (+6)
18% more capital invested
Capital invested by funds: $12.9B → $15.1B (+$2.26B)
1.58% more ownership
Funds ownership: 84.18% → 85.76% (+1.6%)
7% more call options, than puts
Call options by funds: $209M | Put options by funds: $196M
2% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 89
0% less funds holding
Funds holding: 742 → 741 (-1)
32% less repeat investments, than reductions
Existing positions increased: 209 | Existing positions reduced: 306
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$252M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$204M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$121M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$105M |
| 5 |
EC
Eminence Capital
New York
|
+$93.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$131M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$105M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$102M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$79.5M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$58.3M |
DFS Hedge Fund Activity: Q3 2020 in Review
741 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2020, worth a combined $15.1B — up 18% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new DFS positions and 89 closed out — a net gain of 2 holders — while 209 added to existing stakes and 306 trimmed.
The largest buyer was WINDACRE PARTNERSHIP LLC, opening a new position worth an estimated $252M. The largest seller was Capital World Investors, cutting an estimated $131M.
- 741 institutional investors held Discover Financial Services (DFS) as of Q3 2020, down from 742 in Q2 2020.
- Funds reported $15.1B of Discover Financial Services stock for Q3 2020, up 18% quarter-over-quarter.
- 91 funds opened new Discover Financial Services positions in Q3 2020 and 89 closed out, a net change of +2 holders.
- The largest Discover Financial Services buyer in Q3 2020 was WINDACRE PARTNERSHIP LLC, an estimated $252M added.
- The largest Discover Financial Services seller in Q3 2020 was Capital World Investors, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2020.