Discover Financial Services
DFS was delisted on the 18th of May, 2025.
838 hedge funds and large institutions have $23.6B invested in Discover Financial Services in 2017 Q4 according to their latest regulatory filings, with 155 funds opening new positions, 228 increasing their positions, 325 reducing their positions, and 60 closing their positions.
158% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 60
100% more funds holding in top 10
Funds holding in top 10: 11 → 22 (+11)
18% more capital invested
Capital invested by funds: $20.1B → $23.6B (+$3.53B)
12% more funds holding
Funds holding: 751 → 838 (+87)
0.93% more ownership
Funds ownership: 83.62% → 84.55% (+0.93%)
13% less call options, than puts
Call options by funds: $160M | Put options by funds: $183M
30% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 325
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$135M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$126M |
| 3 |
Primecap Management
Pasadena,
California
|
+$94.4M |
| 4 |
Goldman Sachs
New York
|
+$69.2M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$68.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$141M |
| 2 |
BlackRock
New York
|
-$114M |
| 3 |
Millennium Management
New York
|
-$73.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$56.4M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$53.7M |
DFS Hedge Fund Activity: Q4 2017 in Review
838 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q4 2017, worth a combined $23.6B — up 18% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new DFS positions and 60 closed out — a net gain of 95 holders — while 228 added to existing stakes and 325 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $135M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $141M sold.
- 838 institutional investors held Discover Financial Services (DFS) as of Q4 2017, up from 751 in Q3 2017.
- Funds reported $23.6B of Discover Financial Services stock for Q4 2017, up 18% quarter-over-quarter.
- 155 funds opened new Discover Financial Services positions in Q4 2017 and 60 closed out, a net change of +95 holders.
- The largest Discover Financial Services buyer in Q4 2017 was Artisan Partners, an estimated $135M added.
- The largest Discover Financial Services seller in Q4 2017 was Arrowstreet Capital, an estimated $141M sold.
Based on aggregated 13F filings for Q4 2017.