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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
Calamos Advisors
151
Calamos Advisors
Illinois
$15.6M -$367K -2,725 -2%
Zurich Cantonal Bank
152
Zurich Cantonal Bank
Switzerland
$14.7M -$75.6K -562 -0.5%
Royal London Asset Management
153
Royal London Asset Management
United Kingdom
$14.4M +$214K +1,592 +2%
Aberdeen Group
154
Aberdeen Group
United Kingdom
$14.4M +$1.55M +11,511 +13%
MCM
155
Moore Capital Management
New York
$14.4M -$72.5M -538,607 -84%
VMPIC
156
Varma Mutual Pension Insurance Co
Finland
$14.3M -$592K -4,400 -4%
Swedbank
157
Swedbank
Sweden
$14.3M
WHG
158
Westwood Holdings Group
Texas
$14.2M +$1.51M +11,223 +12%
OFCM
159
One Fin Capital Management
California
$14M
COPPSERS
160
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$13.9M -$52.2K -388 -0.4%
State of Tennessee, Department of Treasury
161
State of Tennessee, Department of Treasury
Tennessee
$13.9M +$3.3M +24,535 +33%
SEI Investments
162
SEI Investments
Pennsylvania
$13.6M +$639K +4,752 +5%
PCM
163
Penserra Capital Management
California
$13.5M -$1.75M -13,022 -12%
MSV
164
MN Services Vermogensbeheer
Netherlands
$13.5M -$323K -2,400 -2%
BB
165
Busey Bank
Illinois
$13.2M -$317K -2,360 -2%
Ohio Public Employees Retirement System (OPERS)
166
Ohio Public Employees Retirement System (OPERS)
Ohio
$13.1M -$874K -6,496 -7%
Asset Management One
167
Asset Management One
Japan
$13M +$120K +895 +1%
TD Asset Management
168
TD Asset Management
Ontario, Canada
$12.9M +$42.9K +319 +0.3%
State of New Jersey Common Pension Fund D
169
State of New Jersey Common Pension Fund D
New Jersey
$12.9M
BGIM
170
Boussard & Gavaudan Investment Management
United Kingdom
$12.9M -$6M -44,633 -33%
SSA
171
Schonfeld Strategic Advisors
New York
$12.7M -$3.19M -23,703 -21%
CA
172
CSM Advisors
Pennsylvania
$12.7M -$521K -3,875 -4%
Verition Fund Management
173
Verition Fund Management
Connecticut
$12.5M -$898K -6,679 -7%
AAF
174
Andra AP-fonden
Sweden
$12.2M +$4.99M +37,100 +74%
Vontobel Holding
175
Vontobel Holding
Switzerland
$12.2M -$130K -969 -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.