Discover Financial Services
DFS was delisted on the 18th of May, 2025.
852 hedge funds and large institutions have $22.3B invested in Discover Financial Services in 2018 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 262 increasing their positions, 347 reducing their positions, and 68 closing their positions.
7% more capital invested
Capital invested by funds: $20.8B → $22.3B (+$1.49B)
3% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 68
0.16% less ownership
Funds ownership: 85.39% → 85.23% (-0.16%)
1% less funds holding
Funds holding: 857 → 852 (-5)
4% less call options, than puts
Call options by funds: $109M | Put options by funds: $113M
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
24% less repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 347
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
+$219M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$103M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$69.6M |
| 4 |
Man Group
London,
United Kingdom
|
+$35.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$180M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$91.4M |
| 3 |
Morgan Stanley
New York
|
-$90.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$87M |
| 5 |
O
OppenheimerFunds
New York
|
-$75.7M |
DFS Hedge Fund Activity: Q3 2018 in Review
852 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2018, worth a combined $22.3B — up 7.1% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new DFS positions and 68 closed out — a net gain of 2 holders — while 262 added to existing stakes and 347 trimmed.
The largest buyer was Ninety One (UK), opening a new position worth an estimated $219M. The largest seller was Fidelity Investments, cutting an estimated $180M.
- 852 institutional investors held Discover Financial Services (DFS) as of Q3 2018, down from 857 in Q2 2018.
- Funds reported $22.3B of Discover Financial Services stock for Q3 2018, up 7.1% quarter-over-quarter.
- 70 funds opened new Discover Financial Services positions in Q3 2018 and 68 closed out, a net change of +2 holders.
- The largest Discover Financial Services buyer in Q3 2018 was Ninety One (UK), an estimated $219M added.
- The largest Discover Financial Services seller in Q3 2018 was Fidelity Investments, an estimated $180M sold.
Based on aggregated 13F filings for Q3 2018.