Discover Financial Services
DFS was delisted on the 18th of May, 2025.
861 hedge funds and large institutions have $21.6B invested in Discover Financial Services in 2019 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 259 increasing their positions, 368 reducing their positions, and 58 closing their positions.
29% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 58
14% more call options, than puts
Call options by funds: $153M | Put options by funds: $133M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
1% more funds holding
Funds holding: 851 → 861 (+10)
2% more capital invested
Capital invested by funds: $21.1B → $21.6B (+$508M)
0.33% less ownership
Funds ownership: 84.57% → 84.24% (-0.33%)
30% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 368
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$278M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$82M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$47.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$43M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$164M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$93.6M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$86.1M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$50.4M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$34.2M |
DFS Hedge Fund Activity: Q3 2019 in Review
861 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2019, worth a combined $21.6B — up 2.4% from $21.1B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new DFS positions and 58 closed out — a net gain of 17 holders — while 259 added to existing stakes and 368 trimmed.
The largest buyer was Capital World Investors, adding an estimated $278M. The largest seller was BlackRock, cutting an estimated $164M.
- 861 institutional investors held Discover Financial Services (DFS) as of Q3 2019, up from 851 in Q2 2019.
- Funds reported $21.6B of Discover Financial Services stock for Q3 2019, up 2.4% quarter-over-quarter.
- 75 funds opened new Discover Financial Services positions in Q3 2019 and 58 closed out, a net change of +17 holders.
- The largest Discover Financial Services buyer in Q3 2019 was Capital World Investors, an estimated $278M added.
- The largest Discover Financial Services seller in Q3 2019 was BlackRock, an estimated $164M sold.
Based on aggregated 13F filings for Q3 2019.