Discover Financial Services
DFS was delisted on the 18th of May, 2025.
697 hedge funds and large institutions have $22.8B invested in Discover Financial Services in 2014 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 236 increasing their positions, 301 reducing their positions, and 54 closing their positions.
35% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 54
22% more call options, than puts
Call options by funds: $101M | Put options by funds: $82.6M
1% more funds holding
Funds holding: 689 → 697 (+8)
3% more capital invested
Capital invested by funds: $22.2B → $22.8B (+$606M)
0.05% more ownership
Funds ownership: 83.44% → 83.49% (+0.05%)
12% less funds holding in top 10
Funds holding in top 10: 26 → 23 (-3)
22% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 301
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$116M |
| 2 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
+$106M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$90.2M |
| 4 |
GP
GLG Partners
London,
United Kingdom
|
+$77.7M |
| 5 |
FAM
Fred Alger Management
New York
|
+$76.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$167M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$119M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$97.2M |
| 4 |
O
OppenheimerFunds
New York
|
-$88M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$83.4M |
DFS Hedge Fund Activity: Q1 2014 in Review
697 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2014, worth a combined $22.8B — up 2.7% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new DFS positions and 54 closed out — a net gain of 19 holders — while 236 added to existing stakes and 301 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $116M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $167M sold.
- 697 institutional investors held Discover Financial Services (DFS) as of Q1 2014, up from 689 in Q4 2013.
- Funds reported $22.8B of Discover Financial Services stock for Q1 2014, up 2.7% quarter-over-quarter.
- 73 funds opened new Discover Financial Services positions in Q1 2014 and 54 closed out, a net change of +19 holders.
- The largest Discover Financial Services buyer in Q1 2014 was Lord, Abbett & Co, an estimated $116M added.
- The largest Discover Financial Services seller in Q1 2014 was Discovery Capital Management, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2014.