Discover Financial Services
DFS was delisted on the 18th of May, 2025.
751 hedge funds and large institutions have $20.1B invested in Discover Financial Services in 2017 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 239 increasing their positions, 331 reducing their positions, and 87 closing their positions.
30% more call options, than puts
Call options by funds: $158M | Put options by funds: $122M
0% more capital invested
Capital invested by funds: $20B → $20.1B (+$81.3M)
0.91% less ownership
Funds ownership: 84.53% → 83.62% (-0.91%)
6% less funds holding
Funds holding: 801 → 751 (-50)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
28% less repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 331
46% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$211M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$164M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$144M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.8M |
| 5 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$73.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$300M |
| 2 |
JP Morgan Chase
New York
|
-$166M |
| 3 |
Renaissance Technologies
New York
|
-$87.6M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$67.1M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$63.7M |
DFS Hedge Fund Activity: Q3 2017 in Review
751 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q3 2017, worth a combined $20.1B — up 0.41% from $20B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of DFS and 47 opened new positions — a net loss of 40 holders — while 331 trimmed existing stakes and 239 added.
The largest buyer was Diamond Hill Capital Management, adding an estimated $211M. The largest seller was BlackRock, cutting an estimated $300M.
- 751 institutional investors held Discover Financial Services (DFS) as of Q3 2017, down from 801 in Q2 2017.
- Funds reported $20.1B of Discover Financial Services stock for Q3 2017, up 0.41% quarter-over-quarter.
- 47 funds opened new Discover Financial Services positions in Q3 2017 and 87 closed out, a net change of -40 holders.
- The largest Discover Financial Services buyer in Q3 2017 was Diamond Hill Capital Management, an estimated $211M added.
- The largest Discover Financial Services seller in Q3 2017 was BlackRock, an estimated $300M sold.
Based on aggregated 13F filings for Q3 2017.