Discover Financial Services
DFS was delisted on the 18th of May, 2025.
716 hedge funds and large institutions have $18.9B invested in Discover Financial Services in 2015 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 268 increasing their positions, 297 reducing their positions, and 86 closing their positions.
128% more call options, than puts
Call options by funds: $164M | Put options by funds: $72.1M
43% more funds holding in top 10
Funds holding in top 10: 14 → 20 (+6)
0.7% more ownership
Funds ownership: 82.79% → 83.48% (+0.7%)
10% less repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 297
5% less funds holding
Funds holding: 757 → 716 (-41)
10% less capital invested
Capital invested by funds: $21B → $18.9B (-$2.17B)
43% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$553M |
| 2 |
SIG
Senator Investment Group
New York
|
+$370M |
| 3 |
AC
Axon Capital
New York
|
+$96.8M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$96.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
-$247M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$147M |
| 3 |
Bank of New York Mellon
New York
|
-$134M |
| 4 |
O
OppenheimerFunds
New York
|
-$132M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$99.8M |
DFS Hedge Fund Activity: Q3 2015 in Review
716 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2015, worth a combined $18.9B — down 10% from $21B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of DFS and 49 opened new positions — a net loss of 37 holders — while 297 trimmed existing stakes and 268 added.
The largest buyer was JP Morgan Chase, adding an estimated $553M. The largest seller was Sculptor Capital, exiting entirely with an estimated $247M sold.
- 716 institutional investors held Discover Financial Services (DFS) as of Q3 2015, down from 757 in Q2 2015.
- Funds reported $18.9B of Discover Financial Services stock for Q3 2015, down 10% quarter-over-quarter.
- 49 funds opened new Discover Financial Services positions in Q3 2015 and 86 closed out, a net change of -37 holders.
- The largest Discover Financial Services buyer in Q3 2015 was JP Morgan Chase, an estimated $553M added.
- The largest Discover Financial Services seller in Q3 2015 was Sculptor Capital, an estimated $247M sold.
Based on aggregated 13F filings for Q3 2015.