Discover Financial Services
DFS.PRB.CL
DFS.PRB.CL was delisted on the 30th of November, 2017.
6 hedge funds and large institutions have $7.52M invested in Discover Financial Services in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
33% less capital invested
Capital invested by funds: $11.2M → $7.52M (-$3.7M)
33% less funds holding
Funds holding: 9 → 6 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Solaris Asset Management
New York
|
+$178K |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$142K |
| 3 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PR
Payden & Rygel
Los Angeles,
California
|
-$1.82M |
| 2 |
MCC
Mid Continent Capital
Chicago,
Illinois
|
-$1.22M |
| 3 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$1.1M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$412K |
| 5 |
RIG
Roosevelt Investment Group
New York
|
-$27.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIG
1
Roosevelt Investment Group
New York
| $3.18M | -$27.5K | -1,139 | -0.9% |
|
|
MCC
2
Mid Continent Capital
Chicago,
Illinois
| $1.9M | -$1.22M | -50,515 | -39% |
|
|
KIA
3
KCM Investment Advisors
Greenbrae,
California
| $1.46M | +$59K | +2,448 | +4% |
|
|
SAM
4
Solaris Asset Management
New York
| $569K | +$178K | +7,391 | +47% |
|
|
CIM
5
Calvert Investment Management
Bethesda,
Maryland
| $390K | +$142K | +5,900 | +59% |
|
|
ECM
6
Estabrook Capital Management
New York
| $24.5K | – | – | – |
|
|
PR
7
Payden & Rygel
Los Angeles,
California
| – | -$1.82M | -78,940 | Closed |
|
|
NPF
8
Norris Perne & French
Grand Rapids,
Michigan
| – | -$1.1M | -47,850 | Closed |
|
|
9
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$412K | -17,879 | Closed |
|
DFS.PRB.CL Hedge Fund Activity: Q1 2014 in Review
6 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Discover Financial Services (DFS.PRB.CL) for Q1 2014, worth a combined $7.52M — down 33% from $11.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DFS.PRB.CL and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Solaris Asset Management, adding an estimated $178K. The largest seller was Payden & Rygel, exiting entirely with an estimated $1.82M sold.
- 6 institutional investors held Discover Financial Services (DFS.PRB.CL) as of Q1 2014, down from 9 in Q4 2013.
- Funds reported $7.52M of Discover Financial Services stock for Q1 2014, down 33% quarter-over-quarter.
- 0 funds opened new Discover Financial Services positions in Q1 2014 and 3 closed out, a net change of -3 holders.
- The largest Discover Financial Services buyer in Q1 2014 was Solaris Asset Management, an estimated $178K added.
- The largest Discover Financial Services seller in Q1 2014 was Payden & Rygel, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2014.