Discover Financial Services
DFS was delisted on the 18th of May, 2025.
741 hedge funds and large institutions have $12.9B invested in Discover Financial Services in 2020 Q2 according to their latest regulatory filings, with 118 funds opening new positions, 207 increasing their positions, 310 reducing their positions, and 90 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
60% more call options, than puts
Call options by funds: $253M | Put options by funds: $158M
40% more capital invested
Capital invested by funds: $9.2B → $12.9B (+$3.7B)
31% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 90
3% more funds holding
Funds holding: 719 → 741 (+22)
0.46% more ownership
Funds ownership: 83.69% → 84.15% (+0.46%)
33% less repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 310
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$345M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$216M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
+$175M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$106M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$353M |
| 2 |
Primecap Management
Pasadena,
California
|
-$225M |
| 3 |
JP Morgan Chase
New York
|
-$224M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$143M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$93M |
DFS Hedge Fund Activity: Q2 2020 in Review
741 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS) for Q2 2020, worth a combined $12.9B — up 40% from $9.2B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new DFS positions and 90 closed out — a net gain of 28 holders — while 207 added to existing stakes and 310 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $345M. The largest seller was Capital World Investors, cutting an estimated $353M.
- 741 institutional investors held Discover Financial Services (DFS) as of Q2 2020, up from 719 in Q1 2020.
- Funds reported $12.9B of Discover Financial Services stock for Q2 2020, up 40% quarter-over-quarter.
- 118 funds opened new Discover Financial Services positions in Q2 2020 and 90 closed out, a net change of +28 holders.
- The largest Discover Financial Services buyer in Q2 2020 was Fidelity Investments, an estimated $345M added.
- The largest Discover Financial Services seller in Q2 2020 was Capital World Investors, an estimated $353M sold.
Based on aggregated 13F filings for Q2 2020.