Discover Financial Services
DFS was delisted on the 18th of May, 2025.
857 hedge funds and large institutions have $20.8B invested in Discover Financial Services in 2018 Q2 according to their latest regulatory filings, with 76 funds opening new positions, 287 increasing their positions, 319 reducing their positions, and 64 closing their positions.
19% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 64
1% more funds holding
Funds holding: 851 → 857 (+6)
1.86% less ownership
Funds ownership: 87.25% → 85.39% (-1.9%)
6% less capital invested
Capital invested by funds: $22.2B → $20.8B (-$1.33B)
10% less repeat investments, than reductions
Existing positions increased: 287 | Existing positions reduced: 319
11% less call options, than puts
Call options by funds: $111M | Put options by funds: $124M
21% less funds holding in top 10
Funds holding in top 10: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$88.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$71.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$65.9M |
| 4 |
Millennium Management
New York
|
+$43.2M |
| 5 |
Morgan Stanley
New York
|
+$35.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$229M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$183M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$140M |
| 4 |
BlackRock
New York
|
-$89.5M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$79.4M |
DFS Hedge Fund Activity: Q2 2018 in Review
857 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2018, worth a combined $20.8B — down 6% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new DFS positions and 64 closed out — a net gain of 12 holders — while 287 added to existing stakes and 319 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $88.6M. The largest seller was Fidelity Investments, cutting an estimated $229M.
- 857 institutional investors held Discover Financial Services (DFS) as of Q2 2018, up from 851 in Q1 2018.
- Funds reported $20.8B of Discover Financial Services stock for Q2 2018, down 6% quarter-over-quarter.
- 76 funds opened new Discover Financial Services positions in Q2 2018 and 64 closed out, a net change of +12 holders.
- The largest Discover Financial Services buyer in Q2 2018 was Arrowstreet Capital, an estimated $88.6M added.
- The largest Discover Financial Services seller in Q2 2018 was Fidelity Investments, an estimated $229M sold.
Based on aggregated 13F filings for Q2 2018.