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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
1CM
126
14B Capital Management
California
$22.6M +$1.88M +14,000 +10%
Two Sigma Advisers
127
Two Sigma Advisers
New York
$22.5M +$2.99M +22,200 +16%
Man Group
128
Man Group
United Kingdom
$22.2M +$3.65M +27,167 +21%
State of Wisconsin Investment Board
129
State of Wisconsin Investment Board
Wisconsin
$22.2M +$948K +7,045 +5%
Treasurer of the State of North Carolina
130
Treasurer of the State of North Carolina
North Carolina
$22.2M +$87.2K +648 +0.4%
RJA
131
Raymond James & Associates
Florida
$21M +$2.27M +16,863 +13%
Stifel Financial
132
Stifel Financial
Missouri
$20.9M +$1.21M +9,010 +6%
AQR Capital Management
133
AQR Capital Management
Connecticut
$20.9M -$2.92M -21,709 -13%
RAM
134
Readystate Asset Management
Illinois
$20.8M -$6.05M -45,000 -23%
New York State Common Retirement Fund
135
New York State Common Retirement Fund
New York
$20.3M -$3.67M -27,300 -16%
Mitsubishi UFJ Trust & Banking
136
Mitsubishi UFJ Trust & Banking
Japan
$19.3M +$1.41M +10,507 +8%
Chevy Chase Trust
137
Chevy Chase Trust
Maryland
$18.9M -$299K -2,221 -2%
LPL Financial
138
LPL Financial
California
$18.9M +$1.4M +10,443 +8%
Pictet Asset Management
139
Pictet Asset Management
Switzerland
$18.2M +$473K +3,515 +3%
SAM
140
Storebrand Asset Management
Norway
$18.1M -$54.3K -404 -0.3%
Toronto Dominion Bank
141
Toronto Dominion Bank
Ontario, Canada
$17.7M +$239K +1,778 +1%
Nisa Investment Advisors
142
Nisa Investment Advisors
Missouri
$17.3M +$135 +1 +0%
Susquehanna International Group
143
Susquehanna International Group
Pennsylvania
$17.2M +$7.73M +57,489 +88%
DB
144
Danske Bank
Denmark
$16.9M -$323K -2,400 -2%
Two Sigma Investments
145
Two Sigma Investments
New York
$16.7M -$7.94M -59,062 -33%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
146
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$16.3M +$14.8M +110,100 +1,748%
Nomura Asset Management
147
Nomura Asset Management
Japan
$16.2M +$1.47M +10,946 +10%
WCMNY
148
Westchester Capital Management (New York)
New York
$15.8M +$15.1M +112,511 New
Qube Research & Technologies (QRT)
149
Qube Research & Technologies (QRT)
United Kingdom
$15.7M +$8.85M +65,813 +142%
CS
150
Candriam SCA
Luxembourg
$15.7M -$1.68M -12,502 -10%

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.