Discover Financial Services
DFS was delisted on the 18th of May, 2025.
950 hedge funds and large institutions have $25.5B invested in Discover Financial Services in 2022 Q1 according to their latest regulatory filings, with 90 funds opening new positions, 310 increasing their positions, 363 reducing their positions, and 110 closing their positions.
0.7% more ownership
Funds ownership: 83.15% → 83.85% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
3% less funds holding
Funds holding: 983 → 950 (-33)
9% less capital invested
Capital invested by funds: $28B → $25.5B (-$2.55B)
15% less repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 363
18% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 110
44% less call options, than puts
Call options by funds: $168M | Put options by funds: $302M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$195M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$44.7M |
| 3 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
+$42.5M |
| 4 |
BlackRock
New York
|
+$41.3M |
| 5 |
N
Natixis
Paris,
France
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$248M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$130M |
| 3 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$105M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$82.8M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$72.5M |
DFS Hedge Fund Activity: Q1 2022 in Review
950 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2022, worth a combined $25.5B — down 9.1% from $28B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of DFS and 90 opened new positions — a net loss of 20 holders — while 363 trimmed existing stakes and 310 added.
The largest buyer was First Trust Advisors, adding an estimated $195M. The largest seller was JP Morgan Chase, cutting an estimated $248M.
- 950 institutional investors held Discover Financial Services (DFS) as of Q1 2022, down from 983 in Q4 2021.
- Funds reported $25.5B of Discover Financial Services stock for Q1 2022, down 9.1% quarter-over-quarter.
- 90 funds opened new Discover Financial Services positions in Q1 2022 and 110 closed out, a net change of -20 holders.
- The largest Discover Financial Services buyer in Q1 2022 was First Trust Advisors, an estimated $195M added.
- The largest Discover Financial Services seller in Q1 2022 was JP Morgan Chase, an estimated $248M sold.
Based on aggregated 13F filings for Q1 2022.