Discover Financial Services
DFS was delisted on the 18th of May, 2025.
734 hedge funds and large institutions have $18.8B invested in Discover Financial Services in 2016 Q3 according to their latest regulatory filings, with 63 funds opening new positions, 272 increasing their positions, 289 reducing their positions, and 54 closing their positions.
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
36% more call options, than puts
Call options by funds: $150M | Put options by funds: $110M
17% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 54
1% more capital invested
Capital invested by funds: $18.6B → $18.8B (+$215M)
1% more funds holding
Funds holding: 729 → 734 (+5)
0.7% less ownership
Funds ownership: 84.25% → 83.55% (-0.7%)
6% less repeat investments, than reductions
Existing positions increased: 272 | Existing positions reduced: 289
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$196M |
| 2 |
Primecap Management
Pasadena,
California
|
+$89.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$68.8M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$56.3M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$40.9M |
Top Sellers
| 1 |
Capital International Investors
Los Angeles,
California
|
-$274M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$234M |
| 3 |
GE
General Electric
Evendale,
Ohio
|
-$177M |
| 4 |
JP Morgan Chase
New York
|
-$164M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$95.6M |
DFS Hedge Fund Activity: Q3 2016 in Review
734 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2016, worth a combined $18.8B — up 1.2% from $18.6B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new DFS positions and 54 closed out — a net gain of 9 holders — while 272 added to existing stakes and 289 trimmed.
The largest buyer was State Street, adding an estimated $196M. The largest seller was Capital International Investors, cutting an estimated $274M.
- 734 institutional investors held Discover Financial Services (DFS) as of Q3 2016, up from 729 in Q2 2016.
- Funds reported $18.8B of Discover Financial Services stock for Q3 2016, up 1.2% quarter-over-quarter.
- 63 funds opened new Discover Financial Services positions in Q3 2016 and 54 closed out, a net change of +9 holders.
- The largest Discover Financial Services buyer in Q3 2016 was State Street, an estimated $196M added.
- The largest Discover Financial Services seller in Q3 2016 was Capital International Investors, an estimated $274M sold.
Based on aggregated 13F filings for Q3 2016.