FEDERAL SIGNAL CORP FSS
COM · Common Stock · CUSIP 313855108
U.S. company specializing in emergency lighting, sirens, industrial equipment, and public safety equipment
- SectorConsumer discretionary
- IndustryMotor Vehicles & Passenger Car Bodies
- HeadquartersDowners Grove, IL
- Founded1901
- Websitefederalsignal.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 61.1m as of 2025-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $92.39. Options: 2 managers hold calls ($110.9k notional), 3 hold puts ($351.1k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 230 |
| Q4 2022 | 258 |
| Q1 2023 | 247 |
| Q2 2023 | 270 |
| Q3 2023 | 275 |
| Q4 2023 | 303 |
| Q1 2024 | 349 |
| Q2 2024 | 362 |
| Q3 2024 | 392 |
| Q4 2024 | 395 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 102 | 149 |
| Q2 2023 | 117 | 126 |
| Q3 2023 | 118 | 135 |
| Q4 2023 | 136 | 129 |
| Q1 2024 | 175 | 135 |
| Q2 2024 | 186 | 146 |
| Q3 2024 | 191 | 168 |
| Q4 2024 | 171 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $1.0m | $491.9k | 0.49 |
| Q2 2024 | $618.8k | $594.1k | 0.96 |
| Q3 2024 | $1.3m | $1.6m | 1.22 |
| Q4 2024 | $110.9k | $351.1k | 3.17 |
Biggest buyers
| Capital World Investors | New | +863.8k |
| FIRST TRUST ADVISORS LP | Added | +322.7k |
| BlackRock, Inc. | Added | +283.3k |
| Invesco Ltd. | Added | +242.8k |
| FMR LLC | Added | +238.6k |
| ArrowMark Colorado Holdings LLC | Added | +209.7k |
| NEUBERGER BERMAN GROUP LLC | Added | +187.8k |
| GOLDMAN SACHS GROUP INC | Added | +133.5k |
| AMERIPRISE FINANCIAL INC | Added | +123.9k |
| UBS Group AG | Added | +120.1k |
Biggest sellers
| Assenagon Asset Management S.A. | Sold out | -398.0k |
| Driehaus Capital Management LLC | Reduced | -250.1k |
| MACQUARIE GROUP LTD | Reduced | -246.8k |
| Global Alpha Capital Management Ltd. | Reduced | -210.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -148.5k |
| Van Berkom & Associates Inc. | Reduced | -148.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -119.0k |
| GW&K Investment Management, LLC | Reduced | -114.1k |
| Cubist Systematic Strategies, LLC | Reduced | -92.9k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -80.4k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $110.9k1.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $231.0k2.5k shares |
| CITADEL ADVISORS LLC | Reduced | $120.1k1.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 14.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 2 | $3.8m | — |
| Q3 2023 | 0 | — | 1 | $3.1m | — |
| Q4 2023 | 0 | — | 1 | $4.0m | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $2.4m | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 9.7m $899.1m | Added +283.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.2m $669.6m | Added +93.6k |
| STATE STREET CORP 0.01% of their portfolio | 2.4m $219.6m | Added +83.3k |
| Invesco Ltd. 0.04% of their portfolio | 2.2m $203.2m | Added +242.8k |
| MACQUARIE GROUP LTD 0.22% of their portfolio | 2.0m $183.0m | Reduced -246.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.6m $150.7m | Added +29.2k |
| FMR LLC 0.01% of their portfolio | 1.5m $135.8m | Added +238.6k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.5m $134.8m | Reduced -119.0k |
| NEUBERGER BERMAN GROUP LLC 0.10% of their portfolio | 1.4m $131.6m | Added +187.8k |
| Conestoga Capital Advisors, LLC 1.69% of their portfolio | 1.4m $127.5m | Reduced -9.4k |
| T. Rowe Price Investment Management, Inc. 0.06% of their portfolio | 1.1m $103.9m | Added +1.7k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.0m $95.2m | Added +133.5k |
| Van Berkom & Associates Inc. 2.81% of their portfolio | 1.0m $94.7m | Reduced -148.0k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 894.1k $82.6m | Added +322.7k |
| Capital World Investors 0.01% of their portfolio | 863.8k $79.8m | New |
| NORGES BANK 0.01% of their portfolio | 846.3k $78.2m | Added +119.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.50% of their portfolio | 813.0k $75.1m | Reduced -148.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 780.5k $72.1m | Added +11.5k |
| MORGAN STANLEY 0.00% of their portfolio | 741.1k $68.5m | Reduced -66.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 716.2k $66.2m | Reduced -1.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 693.7k $64.1m | Added +67.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 691.8k $63.9m | Added +123.9k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 649.6k $60.0m | Added +3.2k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 628.0k $58.0m | Reduced -10.2k |
| Driehaus Capital Management LLC 0.45% of their portfolio | 596.0k $55.1m | Reduced -250.1k |
| GW&K Investment Management, LLC 0.42% of their portfolio | 540.7k $50.0m | Reduced -114.1k |
| ArrowMark Colorado Holdings LLC 0.64% of their portfolio | 518.5k $47.9m | Added +209.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 502.2k $46.4m | Added +36.6k |
| UBS Group AG 0.01% of their portfolio | 441.0k $40.7m | Added +120.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 396.5k $36.6m | First filing |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 392.3k $36.2m | Reduced -41.0k |
| Global Alpha Capital Management Ltd. 2.63% of their portfolio | 391.7k $36.2m | Reduced -210.9k |
| GAMCO INVESTORS, INC. ET AL 0.37% of their portfolio | 382.0k $35.3m | Reduced -19.2k |
| FRED ALGER MANAGEMENT, LLC 0.16% of their portfolio | 371.7k $34.3m | Added +33.6k |
| Ranger Investment Management, L.P. 2.09% of their portfolio | 358.0k $33.1m | Reduced -7.8k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 2.93% of their portfolio | 327.7k $30.3m | Reduced -30.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 323.6k $29.9m | Added +11.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 308.7k $28.5m | Added +37.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 304.7k $28.2m | Reduced -34.0k |
| Robeco Schweiz AG 0.56% of their portfolio | 286.1k $26.4m | Reduced -40.6k |
| PANAGORA ASSET MANAGEMENT INC 0.12% of their portfolio | 282.5k $26.1m | Reduced -4.0k |
| Pembroke Management, LTD 3.23% of their portfolio | 280.0k $25.9m | Added +58.8k |
| EULAV Asset Management 0.54% of their portfolio | 240.8k $22.2m | Unchanged |
| OBERWEIS ASSET MANAGEMENT INC/ 1.00% of their portfolio | 229.8k $21.2m | Added +40.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 219.1k $20.2m | Added +100.1k |
| Capital International Investors 0.00% of their portfolio | 195.6k $18.1m | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 184.9k $17.1m | Added +27.3k |
| AXIOM INVESTORS LLC /DE 0.13% of their portfolio | 184.4k $17.0m | Reduced -4.3k |
| GABELLI FUNDS LLC 0.13% of their portfolio | 183.2k $16.9m | Added +4.8k |
| Legal & General Group Plc 0.00% of their portfolio | 175.4k $16.2m | Added +1.6k |
| PineStone Asset Management Inc. 0.15% of their portfolio | 174.9k $16.2m | Added +20.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 174.4k $16.1m | Added +22.0k |
| BARCLAYS PLC 0.01% of their portfolio | 171.4k $15.8m | Added +26.2k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 164.3k $15.2m | Added +462 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.08% of their portfolio | 152.6k $14.1m | Reduced -61.1k |
| Public Sector Pension Investment Board 0.06% of their portfolio | 152.2k $14.1m | Added +22.5k |
| Aperture Investors, LLC 1.81% of their portfolio | 151.5k $14.0m | Reduced -42.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 148.1k $13.7m | First filing |
| Cerity Partners LLC 0.03% of their portfolio | 139.8k $13.0m | Added +95.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 130.9k $12.1m | Added +103.5k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 127.6k $11.8m | Added +77.5k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 125.8k $11.6m | Added +12.5k |
| COMERICA BANK 0.05% of their portfolio | 122.9k $11.4m | Reduced -242 |
| Swiss National Bank 0.01% of their portfolio | 120.2k $11.1m | Added +900 |
| ALGERT GLOBAL LLC 0.24% of their portfolio | 111.4k $10.3m | Added +45.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 105.1k $9.7m | Added +1.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 99.6k $9.2m | Reduced -19 |
| Edgestream Partners, L.P. 0.37% of their portfolio | 94.1k $8.7m | Added +77.9k |
| CITIGROUP INC 0.01% of their portfolio | 92.1k $8.5m | Added +9.5k |
| Homestead Advisers Corp 0.21% of their portfolio | 92.1k $8.5m | Reduced -5.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 90.5k $8.4m | Reduced -7.2k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 90.2k $8.3m | Reduced -5.9k |
| California Public Employees Retirement System 0.01% of their portfolio | 89.7k $8.3m | Added +514 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 86.1k $8.0m | Added +49.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 85.4k $7.9m | Reduced -8.1k |
| Bahl & Gaynor LLC 0.04% of their portfolio | 82.8k $7.6m | Reduced -11.8k |
| Prospect Capital Advisors, LLC 4.33% of their portfolio | 80.7k $7.5m | Reduced -25.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 78.1k $7.2m | Added +836 |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 75.2k $6.9m | Reduced -80.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 75.1k $6.9m | Added +17.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 74.8k $6.9m | Reduced -2.7k |
| AXA S.A. 0.02% of their portfolio | 74.7k $6.9m | Added +12.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.11% of their portfolio | 70.6k $6.5m | First filing |
| PARADIGM CAPITAL MANAGEMENT INC/NY 0.30% of their portfolio | 70.0k $6.5m | Unchanged |
| 12th Street Asset Management Company, LLC 1.02% of their portfolio | 66.8k $6.2m | Added +2.4k |
| ALTA CAPITAL MANAGEMENT LLC/ 0.37% of their portfolio | 66.4k $6.1m | New |
| Baird Financial Group, Inc. 0.01% of their portfolio | 65.3k $6.0m | Reduced -241 |
| F/m Investments LLC 0.22% of their portfolio | 65.2k $6.0m | Reduced -66.8k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 64.9k $6.0m | Reduced -92.9k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 64.3k $5.9m | Reduced -4.8k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 64.2k $5.9m | Reduced -36.6k |
| DF DENT & CO INC 0.07% of their portfolio | 63.3k $5.9m | New |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 62.9k $5.8m | Added +2.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 61.6k $5.7m | Reduced -167 |
| INTECH INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 59.7k $5.5m | Added +26.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 57.1k $5.3m | Reduced -624 |
| NEOS Investment Management LLC 0.12% of their portfolio | 55.3k $5.1m | Added +10.3k |
| Tema ETFs LLC 2.12% of their portfolio | 55.3k $5.1m | First filing |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 52.2k $4.8m | Added +15.0k |
| 4D Advisors, LLC 3.24% of their portfolio | 50.0k $4.6m | First filing |