We are live on ! Find out more
DFS

Discover Financial Services
DFS

Delisted

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

Back to rankings

1,036 hedge funds and large institutions have $27.9B invested in Discover Financial Services in 2024 Q1 according to their latest regulatory filings, with 160 funds opening new positions, 286 increasing their positions, 402 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 160 | Existing positions closed: 85

77% more funds holding in top 10

Funds holding in top 10: 13 → 23 (+10)

12% more capital invested

Capital invested by funds: $24.9B → $27.9B (+$2.97B)

6% more funds holding

Funds holding: 977 → 1,036 (+59)

5% more call options, than puts

Call options by funds: $243M | Put options by funds: $231M

3.64% less ownership

Funds ownership: 88.79% → 85.15% (-3.6%)

29% less repeat investments, than reductions

Existing positions increased: 286 | Existing positions reduced: 402

Holders
1,036
Holders Change
+59
Holders Change %
+6.04%
% of All Funds
14.92%
Holding in Top 10
23
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+76.92%
% of All Funds
0.33%
New
160
Increased
286
Reduced
402
Closed
85
Calls
$243M
Puts
$231M
Net Calls
+$12.1M
Net Calls Change
+$10.7M

Top Buyers

Rank Fund Capital Flow
1
SC
Sessa Capital
New York
+$293M
2
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$270M
3
Millennium Management
Millennium Management
New York
+$243M
4
PCM
Pentwater Capital Management
Florida
+$178M
5
Norges Bank
Norges Bank
Norway
+$161M

Top Sellers

Rank Fund Capital Flow
1
Boston Partners
Boston Partners
Massachusetts
-$575M
2
Morgan Stanley
Morgan Stanley
New York
-$491M
3
Capital World Investors
Capital World Investors
California
-$446M
4
MA
Marshfield Associates
District of Columbia
-$278M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$218M
Name Holding Trade Value Shares
Change 		Change in
Stake
VAMG
976
Voisard Asset Management Group
Michigan
$8.71K – – –
WIA
977
Wetzel Investment Advisors
Indiana
$8.08K -$9.4K -82 -56%
MCM
978
Manchester Capital Management
Vermont
$7.87K +$1.03K +9 +18%
BSB
979
Bangor Savings Bank
Maine
$7.47K – – –
ACA
980
American Capital Advisory
Idaho
$7.41K – – –
LFG
981
Larson Financial Group
Missouri
$7.34K -$47.2K -412 -88%
MFT
982
Moisand Fitzgerald Tamayo
Florida
$7.34K – – –
RWML
983
RAFFA WEALTH MANAGEMENT, LLC
District of Columbia
$7.34K -$2.18K -19 -25%
MWM
984
Mascoma Wealth Management
New Hampshire
$7.08K – – –
AEPWM
985
Atlantic Edge Private Wealth Management
Florida
$6.55K – – –
ECM
986
Estabrook Capital Management
New York
$6.55K – – –
DWA
987
Delos Wealth Advisors
Texas
$6.42K +$4.36K +38 +345%
RFG
988
RFP Financial Group
Georgia
$6.42K +$2.52K +22 +81%
FMP
989
Financial Management Professionals
Texas
$6K -$3.67K -32 -40%
HB
990
Horizon Bancorp
Indiana
$6K – – –
MHR
991
Matthew Hamilton Rosenberg
$5.69K – – –
IWP
992
IAG Wealth Partners
Wisconsin
$5.24K -$4.01K -35 -47%
WWP
993
WR Wealth Planners
Missouri
$5.11K +$4.47K +39 New
AWM
994
Abound Wealth Management
Tennessee
$4.99K – – –
FGA
995
Fortis Group Advisors
New Jersey
$4.98K -$4.36K -38 -50%
CT
996
Colonial Trust
South Carolina
$4.86K – – –
BIA
997
Bell Investment Advisors
California
$4.85K – – –
CPG
998
Cornerstone Planning Group
New Jersey
$4.75K – – –
KWAG
999
Kiely Wealth Advisory Group
North Carolina
$4.22K – – –
TWP
1000
TFO Wealth Partners
Ohio
$4.06K – – –
38 39
40
41 42

DFS Hedge Fund Activity: Q1 2024 in Review

1,036 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2024, worth a combined $27.9B — up 12% from $24.9B a quarter earlier.

Buyers outnumbered sellers: 160 funds opened new DFS positions and 85 closed out — a net gain of 75 holders — while 286 added to existing stakes and 402 trimmed.

The largest buyer was Sessa Capital, opening a new position worth an estimated $293M. The largest seller was Boston Partners, cutting an estimated $575M.

  • 1,036 institutional investors held Discover Financial Services (DFS) as of Q1 2024, up from 977 in Q4 2023.
  • Funds reported $27.9B of Discover Financial Services stock for Q1 2024, up 12% quarter-over-quarter.
  • 160 funds opened new Discover Financial Services positions in Q1 2024 and 85 closed out, a net change of +75 holders.
  • The largest Discover Financial Services buyer in Q1 2024 was Sessa Capital, an estimated $293M added.
  • The largest Discover Financial Services seller in Q1 2024 was Boston Partners, an estimated $575M sold.

Based on aggregated 13F filings for Q1 2024.