Discover Financial Services
DFS was delisted on the 18th of May, 2025.
719 hedge funds and large institutions have $9.22B invested in Discover Financial Services in 2020 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 238 increasing their positions, 309 reducing their positions, and 228 closing their positions.
9% more call options, than puts
Call options by funds: $98.4M | Put options by funds: $90.6M
0.98% less ownership
Funds ownership: 84.82% → 83.85% (-0.98%)
19% less funds holding
Funds holding: 884 → 719 (-165)
23% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 309
59% less capital invested
Capital invested by funds: $22.5B → $9.22B (-$13.3B)
64% less funds holding in top 10
Funds holding in top 10: 11 → 4 (-7)
68% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 228
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$496M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$195M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$169M |
| 4 |
JP Morgan Chase
New York
|
+$142M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$137M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$430M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$202M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$201M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$184M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$143M |
DFS Hedge Fund Activity: Q1 2020 in Review
719 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2020, worth a combined $9.22B — down 59% from $22.5B a quarter earlier.
Sellers outnumbered buyers: 228 funds closed out of DFS and 74 opened new positions — a net loss of 154 holders — while 309 trimmed existing stakes and 238 added.
The largest buyer was Fidelity Investments, adding an estimated $496M. The largest seller was Capital World Investors, cutting an estimated $430M.
- 719 institutional investors held Discover Financial Services (DFS) as of Q1 2020, down from 884 in Q4 2019.
- Funds reported $9.22B of Discover Financial Services stock for Q1 2020, down 59% quarter-over-quarter.
- 74 funds opened new Discover Financial Services positions in Q1 2020 and 228 closed out, a net change of -154 holders.
- The largest Discover Financial Services buyer in Q1 2020 was Fidelity Investments, an estimated $496M added.
- The largest Discover Financial Services seller in Q1 2020 was Capital World Investors, an estimated $430M sold.
Based on aggregated 13F filings for Q1 2020.