Discover Financial Services
DFS was delisted on the 18th of May, 2025.
801 hedge funds and large institutions have $22.3B invested in Discover Financial Services in 2017 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 244 increasing their positions, 355 reducing their positions, and 74 closing their positions.
13% more call options, than puts
Call options by funds: $153M | Put options by funds: $135M
12% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 74
0.57% more ownership
Funds ownership: 84.28% → 84.85% (+0.57%)
0% less funds holding
Funds holding: 802 → 801 (-1)
7% less capital invested
Capital invested by funds: $23.9B → $22.3B (-$1.64B)
31% less repeat investments, than reductions
Existing positions increased: 244 | Existing positions reduced: 355
48% less funds holding in top 10
Funds holding in top 10: 27 → 14 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.09B |
| 2 |
Millennium Management
New York
|
+$118M |
| 3 |
Primecap Management
Pasadena,
California
|
+$76.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$74.6M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$215M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$92.8M |
| 3 |
CLM
ClearBridge LLC (Maryland)
Baltimore,
Maryland
|
-$71.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$68.4M |
DFS Hedge Fund Activity: Q1 2017 in Review
801 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q1 2017, worth a combined $22.3B — down 6.9% from $23.9B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new DFS positions and 74 closed out — a net gain of 9 holders — while 244 added to existing stakes and 355 trimmed.
The largest buyer was BlackRock, adding an estimated $2.09B. The largest seller was State Street, cutting an estimated $215M.
- 801 institutional investors held Discover Financial Services (DFS) as of Q1 2017, down from 802 in Q4 2016.
- Funds reported $22.3B of Discover Financial Services stock for Q1 2017, down 6.9% quarter-over-quarter.
- 83 funds opened new Discover Financial Services positions in Q1 2017 and 74 closed out, a net change of +9 holders.
- The largest Discover Financial Services buyer in Q1 2017 was BlackRock, an estimated $2.09B added.
- The largest Discover Financial Services seller in Q1 2017 was State Street, an estimated $215M sold.
Based on aggregated 13F filings for Q1 2017.