Discover Financial Services
DFS was delisted on the 18th of May, 2025.
802 hedge funds and large institutions have $23.9B invested in Discover Financial Services in 2016 Q4 according to their latest regulatory filings, with 137 funds opening new positions, 245 increasing their positions, 321 reducing their positions, and 58 closing their positions.
136% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 58
80% more funds holding in top 10
Funds holding in top 10: 15 → 27 (+12)
31% more call options, than puts
Call options by funds: $251M | Put options by funds: $192M
27% more capital invested
Capital invested by funds: $18.8B → $23.9B (+$5.09B)
9% more funds holding
Funds holding: 734 → 802 (+68)
0.73% more ownership
Funds ownership: 83.55% → 84.28% (+0.73%)
24% less repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 321
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$127M |
| 2 |
State Street
Boston,
Massachusetts
|
+$76.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$66.5M |
| 4 |
JP Morgan Chase
New York
|
+$46.9M |
| 5 |
HCM
Hoplite Capital Management
New York
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$138M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$99.4M |
| 3 |
ETC
Evercore Trust Company
New York
|
-$89M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$85M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$62.5M |
DFS Hedge Fund Activity: Q4 2016 in Review
802 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q4 2016, worth a combined $23.9B — up 27% from $18.8B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new DFS positions and 58 closed out — a net gain of 79 holders — while 245 added to existing stakes and 321 trimmed.
The largest buyer was Epoch Investment Partners, adding an estimated $127M. The largest seller was Capital International Investors, cutting an estimated $138M.
- 802 institutional investors held Discover Financial Services (DFS) as of Q4 2016, up from 734 in Q3 2016.
- Funds reported $23.9B of Discover Financial Services stock for Q4 2016, up 27% quarter-over-quarter.
- 137 funds opened new Discover Financial Services positions in Q4 2016 and 58 closed out, a net change of +79 holders.
- The largest Discover Financial Services buyer in Q4 2016 was Epoch Investment Partners, an estimated $127M added.
- The largest Discover Financial Services seller in Q4 2016 was Capital International Investors, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2016.