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DFS

Discover Financial Services

Delisted

DFS was delisted on the 18th of May, 2025.

1,058 hedge funds and large institutions have $30B invested in Discover Financial Services in 2024 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 388 increasing their positions, 355 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 100 | Existing positions closed: 64

8% more capital invested

Capital invested by funds: $27.8B → $30B (+$2.18B)

3% more funds holding

Funds holding: 1,0281,058 (+30)

9% more repeat investments, than reductions

Existing positions increased: 388 | Existing positions reduced: 355

0.17% more ownership

Funds ownership: 84.98%85.15% (+0.17%)

19% less funds holding in top 10

Funds holding in top 10: 2722 (-5)

26% less call options, than puts

Call options by funds: $274M | Put options by funds: $370M

Holders
1,058
Holders Change
+30
Holders Change %
+2.92%
% of All Funds
15.19%
Holding in Top 10
22
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-18.52%
% of All Funds
0.32%
New
100
Increased
388
Reduced
355
Closed
64
Calls
$274M
Puts
$370M
Net Calls
-$96.3M
Net Calls Change
-$63.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Mitsubishi UFJ Asset Management
76
Mitsubishi UFJ Asset Management
Japan
$51.2M +$3.82M +28,372 +8%
Citadel Advisors
77
Citadel Advisors
Florida
$51.2M -$95.3M -708,388 -66%
KCM
78
Khrom Capital Management
Florida
$49M +$3.36M +25,000 +8%
Nordea Investment Management
79
Nordea Investment Management
Sweden
$47.7M -$213K -1,583 -0.5%
WPC
80
Waters Parkerson & Co
Louisiana
$47.1M -$784K -5,830 -2%
Los Angeles Capital Management
81
Los Angeles Capital Management
California
$46.8M -$336K -2,495 -0.7%
BCM
82
Bronte Capital Management
Australia
$45.9M +$82.9K +616 +0.2%
KCM
83
Kodai Capital Management
Illinois
$45.7M +$43.8M +325,895 New
Canada Life
84
Canada Life
Manitoba, Canada
$45.3M -$106K -790 -0.2%
Point72 Asset Management
85
Point72 Asset Management
Connecticut
$42.1M -$24M -178,489 -37%
Schroder Investment Management Group
86
Schroder Investment Management Group
United Kingdom
$41.4M +$17.2M +128,162 +76%
Principal Financial Group
87
Principal Financial Group
Iowa
$41.4M +$1.27M +9,463 +3%
Macquarie Group
88
Macquarie Group
Australia
$40.3M -$35.2M -261,565 -48%
DFO
89
Duquesne Family Office
New York
$40M +$15.8M +117,610 +70%
Canada Pension Plan Investment Board
90
Canada Pension Plan Investment Board
Ontario, Canada
$40M -$1.83M -13,591 -5%
Holocene Advisors
91
Holocene Advisors
New York
$39.7M +$3.44M +25,602 +10%
Robeco Institutional Asset Management
92
Robeco Institutional Asset Management
Netherlands
$39.6M -$930K -6,913 -2%
Russell Investments Group
93
Russell Investments Group
United Kingdom
$39M +$3.51M +26,126 +10%
PE
94
Point72 Europe
United Kingdom
$38.7M +$6.01M +44,700 +19%
Hudson Bay Capital Management
95
Hudson Bay Capital Management
Connecticut
$37.5M +$6.89M +51,221 +24%
GL
96
Governors Lane
New York
$36.3M +$13.4M +99,582 +63%
Aviva
97
Aviva
United Kingdom
$36.3M +$4.51M +33,509 +15%
New York State Teachers Retirement System (NYSTRS)
98
New York State Teachers Retirement System (NYSTRS)
New York
$35.8M -$1.12M -8,315 -3%
State Board of Administration of Florida Retirement System
99
State Board of Administration of Florida Retirement System
Florida
$34.6M -$987K -7,340 -3%
DDPIC
100
Deroy & Devereaux Private Investment Counsel
Michigan
$34.2M +$344K +2,560 +1%

DFS Hedge Fund Activity: Q3 2024 in Review

1,058 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2024, worth a combined $30B — up 7.8% from $27.8B a quarter earlier.

Buyers outnumbered sellers: 100 funds opened new DFS positions and 64 closed out — a net gain of 36 holders — while 388 added to existing stakes and 355 trimmed.

The largest buyer was Boston Partners, adding an estimated $438M. The largest seller was Rockefeller Capital Management, cutting an estimated $166M.

  • 1,058 institutional investors held Discover Financial Services (DFS) as of Q3 2024, up from 1,028 in Q2 2024.
  • Funds reported $30B of Discover Financial Services stock for Q3 2024, up 7.8% quarter-over-quarter.
  • 100 funds opened new Discover Financial Services positions in Q3 2024 and 64 closed out, a net change of +36 holders.
  • The largest Discover Financial Services buyer in Q3 2024 was Boston Partners, an estimated $438M added.
  • The largest Discover Financial Services seller in Q3 2024 was Rockefeller Capital Management, an estimated $166M sold.

Based on aggregated 13F filings for Q3 2024.