Discover Financial Services
DFS was delisted on the 18th of May, 2025.
634 hedge funds and large institutions have $20.5B invested in Discover Financial Services in 2013 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 217 increasing their positions, 287 reducing their positions, and 37 closing their positions.
51% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 37
2% more funds holding
Funds holding: 622 → 634 (+12)
4% more capital invested
Capital invested by funds: $19.6B → $20.5B (+$841M)
1% more call options, than puts
Call options by funds: $169M | Put options by funds: $167M
0.46% less ownership
Funds ownership: 84.42% → 83.96% (-0.46%)
24% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 287
25% less funds holding in top 10
Funds holding in top 10: 28 → 21 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$161M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$104M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$98.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$62M |
| 5 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$52.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$346M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$116M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$111M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$93.1M |
| 5 |
Millennium Management
New York
|
-$69.3M |
DFS Hedge Fund Activity: Q3 2013 in Review
634 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2013, worth a combined $20.5B — up 4.3% from $19.6B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new DFS positions and 37 closed out — a net gain of 19 holders — while 217 added to existing stakes and 287 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $161M. The largest seller was Fidelity Investments, cutting an estimated $346M.
- 634 institutional investors held Discover Financial Services (DFS) as of Q3 2013, up from 622 in Q2 2013.
- Funds reported $20.5B of Discover Financial Services stock for Q3 2013, up 4.3% quarter-over-quarter.
- 56 funds opened new Discover Financial Services positions in Q3 2013 and 37 closed out, a net change of +19 holders.
- The largest Discover Financial Services buyer in Q3 2013 was OppenheimerFunds, an estimated $161M added.
- The largest Discover Financial Services seller in Q3 2013 was Fidelity Investments, an estimated $346M sold.
Based on aggregated 13F filings for Q3 2013.