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DFS

Discover Financial Services

Delisted

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

1,058 hedge funds and large institutions have $30B invested in Discover Financial Services in 2024 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 388 increasing their positions, 355 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 64

8% more capital invested

Capital invested by funds: $27.8B → $30B (+$2.18B)

3% more funds holding

Funds holding: 1,0281,058 (+30)

9% more repeat investments, than reductions

Existing positions increased: 388 | Existing positions reduced: 355

0.17% more ownership

Funds ownership: 84.98%85.15% (+0.17%)

19% less funds holding in top 10

Funds holding in top 10: 2722 (-5)

26% less call options, than puts

Call options by funds: $274M | Put options by funds: $370M

Holders
1,058
Holders Change
+30
Holders Change %
+2.92%
% of All Funds
15.19%
Holding in Top 10
22
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-18.52%
% of All Funds
0.32%
New
100
Increased
388
Reduced
355
Closed
64
Calls
$274M
Puts
$370M
Net Calls
-$96.3M
Net Calls Change
-$63.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$101M -$13.7M -102,052 -12%
Primecap Management
52
Primecap Management
California
$98.4M -$8.67M -64,470 -8%
Bank of Montreal
53
Bank of Montreal
Ontario, Canada
$93.5M +$14.1M +104,460 +18%
Wellington Management Group
54
Wellington Management Group
Massachusetts
$92.5M +$28.9M +214,584 +48%
Manulife (Manufacturers Life Insurance)
55
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$87M +$28.9K +215 +0%
CF
56
Canoe Financial
Alberta, Canada
$86.5M -$2.17M -16,159 -3%
Thrivent Financial for Lutherans
57
Thrivent Financial for Lutherans
Minnesota
$84.8M -$65.8K -489 -0.1%
BNP Paribas Financial Markets
58
BNP Paribas Financial Markets
France
$83M +$38.7M +287,539 +95%
MF
59
Magnetar Financial
Illinois
$80.1M +$3.25M +24,147 +4%
Sumitomo Mitsui Trust Group
60
Sumitomo Mitsui Trust Group
Japan
$78.4M -$1.97M -14,665 -3%
Corient Private Wealth
61
Corient Private Wealth
Florida
$76M +$1.41M +10,462 +2%
MGP
62
M&G plc
United Kingdom
$72.2M +$3.63M +27,017 +6%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$71.9M -$4.66M -34,655 -6%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$68.9M +$953K +7,082 +1%
Adage Capital Partners
65
Adage Capital Partners
Massachusetts
$68M -$13.1M -97,565 -17%
Wells Fargo
66
Wells Fargo
California
$67.9M +$26.4M +195,898 +68%
APG Asset Management
67
APG Asset Management
Netherlands
$62.2M -$4.95M -36,787 -7%
National Pension Service
68
National Pension Service
South Korea
$61.7M +$7.64M +56,814 +15%
Allianz Asset Management
69
Allianz Asset Management
Germany
$58.7M +$7.29M +54,227 +15%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$57.9M -$1.48M -11,031 -3%
Ensign Peak Advisors
71
Ensign Peak Advisors
Utah
$57.5M -$9.83M -73,085 -15%
National Bank of Canada
72
National Bank of Canada
Quebec, Canada
$54.6M -$2.68M -19,944 -5%
Grantham, Mayo, Van Otterloo & Co (GMO)
73
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$52.1M -$3.18M -23,610 -6%
JVBC
74
J.V. Bruni & Co
Colorado
$51.8M -$1.17M -8,728 -2%
Royal Bank of Canada
75
Royal Bank of Canada
Ontario, Canada
$51.6M -$22.8M -169,751 -32%

DFS Hedge Fund Activity: Q3 2024 in Review

1,058 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2024, worth a combined $30B — up 7.8% from $27.8B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new DFS positions and 64 closed out — a net gain of 36 holders — while 388 added to existing stakes and 355 trimmed.

The largest buyer was Boston Partners, adding an estimated $438M. The largest seller was Rockefeller Capital Management, cutting an estimated $166M.

  • 1,058 institutional investors held Discover Financial Services (DFS) as of Q3 2024, up from 1,028 in Q2 2024.
  • Funds reported $30B of Discover Financial Services stock for Q3 2024, up 7.8% quarter-over-quarter.
  • 100 funds opened new Discover Financial Services positions in Q3 2024 and 64 closed out, a net change of +36 holders.
  • The largest Discover Financial Services buyer in Q3 2024 was Boston Partners, an estimated $438M added.
  • The largest Discover Financial Services seller in Q3 2024 was Rockefeller Capital Management, an estimated $166M sold.

Based on aggregated 13F filings for Q3 2024.