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DISCOVER FINANCIAL
DISCOVER FINANCIAL. Institutional holdings reported to the SEC.

Institutional Holders (2016Q2)
Portfolio Summary: 768 Institutional holders with a total value of $18,739,523,261.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD GROUP INC 25,018,247 1,340,727,000 7.15%
2 Boston Partners 16,727,596 896,432,000 4.78%
3 STATE STREET CORP 16,525,214 885,581,000 4.73%
4 JPMORGAN CHASE & CO 14,579,463 781,312,000 4.17%
5 BlackRock Institutional Trust Company, N.A. 10,809,756 579,295,000 3.09%
6 FMR LLC 10,719,405 574,452,000 3.07%
7 Capital World Investors 8,940,000 479,095,000 2.56%
8 Capital International Investors 7,256,600 388,881,000 2.08%
9 LSV ASSET MANAGEMENT 6,925,107 371,116,000 1.98%
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 5,449,239 292,024,000 1.56%
11 BANK OF MONTREAL /CAN/ 5,368,782 287,715,000 1.54%
12 ALLIANCEBERNSTEIN L.P. 5,339,892 286,165,000 1.53%
13 NORTHERN TRUST CORP 5,005,609 268,251,000 1.43%
14 BLACKROCK ADVISORS LLC 4,986,349 267,219,000 1.43%
15 BARROW HANLEY MEWHINNEY & STRAUSS LLC 4,701,386 251,948,000 1.34%
16 BlackRock Fund Advisors 4,597,556 246,383,000 1.31%
17 BlackRock Group LTD 4,475,238 239,830,000 1.28%
18 Bank of New York Mellon Corp 4,438,500 237,859,000 1.27%
19 DEUTSCHE BANK AG\ 4,258,567 228,210,000 1.22%
20 CITADEL ADVISORS LLC 4,090,510 219,210,000 1.17%
21 PRIMECAP MANAGEMENT CO/CA/ 3,866,300 207,195,000 1.11%
22 GEODE CAPITAL MANAGEMENT, LLC 3,612,122 193,255,000 1.03%
23 BESSEMER GROUP INC 3,601,561 193,007,000 1.03%
24 SCHRODER INVESTMENT MANAGEMENT GROUP 3,592,478 192,521,000 1.03%
25 AMERICAN CENTURY COMPANIES INC 3,327,984 178,347,000 0.95%
26 BlackRock Investment Management, LLC 3,326,243 178,253,000 0.95%
27 GENERAL ELECTRIC CO 3,297,722 176,725,000 0.94%
28 NORDEA INVESTMENT MANAGEMENT AB 3,265,182 174,981,000 0.93%
29 NORGES BANK 3,092,973 165,753,000 0.88%
30 BANK OF AMERICA CORP /DE/ 2,885,073 154,612,000 0.83%
31 OppenheimerFunds, Inc. 2,760,328 147,927,000 0.79%
32 MORGAN STANLEY 2,734,283 146,529,000 0.78%
33 EDGE ASSET MANAGEMENT, INC 2,709,839 145,220,000 0.77%
34 NN INVESTMENT PARTNERS HOLDINGS N.V. 2,633,254 141,117,000 0.75%
35 AQR CAPITAL MANAGEMENT LLC 2,083,369 111,647,000 0.60%
36 VOYA INVESTMENT MANAGEMENT LLC 2,075,969 111,251,000 0.59%
37 Sterling Capital Management LLC 2,065,087 110,668,000 0.59%
38 LORD, ABBETT & CO. LLC 1,946,607 104,319,000 0.56%
39 NWQ INVESTMENT MANAGEMENT COMPANY, LLC 1,923,482 103,079,000 0.55%
40 Legal & General Group Plc 1,887,351 101,130,000 0.54%
41 I.G. INVESTMENT MANAGEMENT, LTD. 1,883,779 100,952,000 0.54%
42 SANTA BARBARA ASSET MANAGEMENT, LLC 1,843,806 98,809,000 0.53%
43 Evercore Trust Company, N.A. 1,748,753 93,716,000 0.50%
44 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1,734,982 92,977,000 0.50%
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1,654,293 88,754,000 0.47%
46 WELLS FARGO & COMPANY/MN 1,642,764 88,035,000 0.47%
47 TIAA CREF INVESTMENT MANAGEMENT LLC 1,638,844 87,826,000 0.47%
48 PARAMETRIC PORTFOLIO ASSOCIATES LLC 1,540,893 82,576,000 0.44%
49 DIMENSIONAL FUND ADVISORS LP 1,539,396 82,488,000 0.44%
50 M.D. Sass, LLC 1,498,466 80,301,000 0.43%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.