Discover Financial Services
DFS was delisted on the 18th of May, 2025.
982 hedge funds and large institutions have $28B invested in Discover Financial Services in 2021 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 330 increasing their positions, 320 reducing their positions, and 87 closing their positions.
64% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 87
4% more funds holding
Funds holding: 941 → 982 (+41)
3% more repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 320
0.49% less ownership
Funds ownership: 83.64% → 83.15% (-0.49%)
9% less capital invested
Capital invested by funds: $30.7B → $28B (-$2.69B)
32% less call options, than puts
Call options by funds: $154M | Put options by funds: $226M
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$144M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$75.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$59.3M |
| 4 |
BlackRock
New York
|
+$54.1M |
| 5 |
Bank of New York Mellon
New York
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$294M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$243M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$193M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$161M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$122M |
DFS Hedge Fund Activity: Q4 2021 in Review
982 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q4 2021, worth a combined $28B — down 8.8% from $30.7B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new DFS positions and 87 closed out — a net gain of 56 holders — while 330 added to existing stakes and 320 trimmed.
The largest buyer was Ameriprise, adding an estimated $144M. The largest seller was Fidelity Investments, cutting an estimated $294M.
- 982 institutional investors held Discover Financial Services (DFS) as of Q4 2021, up from 941 in Q3 2021.
- Funds reported $28B of Discover Financial Services stock for Q4 2021, down 8.8% quarter-over-quarter.
- 143 funds opened new Discover Financial Services positions in Q4 2021 and 87 closed out, a net change of +56 holders.
- The largest Discover Financial Services buyer in Q4 2021 was Ameriprise, an estimated $144M added.
- The largest Discover Financial Services seller in Q4 2021 was Fidelity Investments, an estimated $294M sold.
Based on aggregated 13F filings for Q4 2021.