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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
MWM
176
Moran Wealth Management
Florida
$12.2M +$26.1K +194 +0.2%
Rafferty Asset Management
177
Rafferty Asset Management
New York
$11.9M -$405K -3,013 -3%
BBVA
178
Banco Bilbao Vizcaya Argentaria
Spain
$11.8M +$245K +1,821 +2%
CCM
179
Cinctive Capital Management
New York
$11.7M -$3.7M -27,503 -25%
Victory Capital Management
180
Victory Capital Management
Texas
$11.5M -$791K -5,882 -7%
PCM
181
Prana Capital Management
Connecticut
$11.4M -$15.7M -116,982 -59%
ERP
182
Eldred Rock Partners
Texas
$11.2M +$443K +3,290 +4%
RAM
183
Resona Asset Management
Japan
$11.1M +$27.3K +203 +0.3%
TCA
184
Taconic Capital Advisors
New York
$10.9M -$9.17M -68,200 -47%
WAM
185
Weiss Asset Management
Massachusetts
$10.9M +$8.47M +63,000 +420%
AIMC
186
Alley Investment Management Company
Illinois
$10.9M -$69.4K -516 -0.7%
LI
187
Leeward Investments
Massachusetts
$10.8M -$4.99M -37,086 -32%
N
188
Natixis
France
$10.8M -$10.3M -76,338 -50%
Skandinaviska Enskilda Banken (SEB)
189
Skandinaviska Enskilda Banken (SEB)
Sweden
$10.7M +$3.3M +24,500 +48%
VI
190
Versor Investments
New York
$10.7M +$1.81M +13,427 +21%
CGPCS
191
Capital Group Private Client Services
California
$10.6M -$106K -788 -1%
Handelsbanken Fonder
192
Handelsbanken Fonder
Sweden
$10.4M +$431K +3,204 +5%
Mirae Asset Global ETFs Holdings
193
Mirae Asset Global ETFs Holdings
Hong Kong
$10.2M +$6.36M +47,292 +184%
ASRS
194
Arizona State Retirement System
Arizona
$10.1M +$383K +2,847 +4%
Cetera Investment Advisers
195
Cetera Investment Advisers
Illinois
$10M +$278K +2,067 +3%
Pathstone Holdings
196
Pathstone Holdings
New Jersey
$10M -$318K -2,364 -3%
SCM
197
Sterling Capital Management
North Carolina
$9.99M +$9.58M +71,236 New
BF
198
BOK Financial
Oklahoma
$9.99M -$752K -5,589 -7%
Envestnet Portfolio Solutions
199
Envestnet Portfolio Solutions
Illinois
$9.94M +$340K +2,524 +4%
UIM
200
USS Investment Management
United Kingdom
$9.89M +$11K +82 +0.1%

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.