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 ($19.7m this quarter). Holder counts are more reliable. Shares outstanding: 61.0m as of 2026-03-31, 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 ≈ $108.12. Options: 4 managers hold calls ($2.6m notional), 3 hold puts ($713.7k).
Trends to Q1 2026
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 |
| Q1 2025 | 390 |
| Q2 2025 | 418 |
| Q3 2025 | 436 |
| Q4 2025 | 424 |
| Q1 2026 | 453 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 186 | 146 |
| Q3 2024 | 191 | 168 |
| Q4 2024 | 171 | 186 |
| Q1 2025 | 178 | 203 |
| Q2 2025 | 222 | 167 |
| Q3 2025 | 195 | 211 |
| Q4 2025 | 177 | 221 |
| Q1 2026 | 232 | 193 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $4.0m | $1.6m | 0.40 |
| Q3 2025 | $3.1m | $428.4k | 0.14 |
| Q4 2025 | $2.0m | $206.3k | 0.10 |
| Q1 2026 | $2.6m | $713.7k | 0.27 |
Biggest buyers
| Van Berkom & Associates Inc. | Added | +707.5k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +534.0k |
| GW&K Investment Management, LLC | Added | +393.5k |
| Greenvale Capital LLP | New | +254.6k |
| CONGRUENCE CAPITAL, LLC | New | +179.3k |
| Capital Research Global Investors | New | +176.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +158.0k |
| Squarepoint Ops LLC | Added | +146.4k |
| FIRST TRUST ADVISORS LP | Added | +124.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +110.5k |
Biggest sellers
| Invesco Ltd. | Reduced | -1.5m |
| WASATCH ADVISORS LP | Reduced | -189.7k |
| Capital World Investors | Reduced | -176.9k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -169.3k |
| PineStone Asset Management Inc. | Reduced | -162.3k |
| UBS Group AG | Reduced | -149.2k |
| Conestoga Capital Advisors, LLC | Reduced | -139.2k |
| AMERIPRISE FINANCIAL INC | Reduced | -137.0k |
| ALGERT GLOBAL LLC | Reduced | -129.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | -128.3k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.4m12.6k shares |
| JANE STREET GROUP, LLC | New | $746.2k6.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $529.9k4.9k shares |
| SIMPLEX TRADING, LLC | New | $10.8k100 shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $367.7k3.4k shares |
| CITADEL ADVISORS LLC | Added | $248.7k2.3k shares |
| SIMPLEX TRADING, LLC | New | $97.3k900 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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $2.4m | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 1 | $102.9k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 1 | $5.7m | — |
| Q1 2026 | 1 | $221.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-10 | Maue Richard A Director | Bought | $221.5k2.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 9.1m $980.3m | Added +60.3k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 3.6m $394.4m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.7m $293.9m | First filing |
| STATE STREET CORP 0.01% of their portfolio | 2.3m $249.5m | Added +62.4k |
| Capital World Investors 0.03% of their portfolio | 2.2m $236.3m | Reduced -176.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $194.4m | Added +71.5k |
| FMR LLC 0.01% of their portfolio | 1.6m $178.1m | Reduced -14.7k |
| WASATCH ADVISORS LP 1.08% of their portfolio | 1.5m $162.9m | Reduced -189.7k |
| Van Berkom & Associates Inc. 2.57% of their portfolio | 1.4m $156.7m | Added +707.5k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 1.4m $150.7m | Reduced -38.9k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $130.6m | Added +3.5k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.22% of their portfolio | 1.2m $127.1m | Reduced -128.3k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 1.2m $125.6m | Added +124.3k |
| GW&K Investment Management, LLC 0.91% of their portfolio | 958.1k $103.6m | Added +393.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 891.2k $96.4m | Added +6.9k |
| Allianz Asset Management GmbH 0.11% of their portfolio | 873.7k $94.5m | Added +16.4k |
| Conestoga Capital Advisors, LLC 1.86% of their portfolio | 860.9k $93.1m | Reduced -139.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 851.9k $92.1m | Reduced -93.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 840.5k $90.9m | Added +32.2k |
| MORGAN STANLEY 0.01% of their portfolio | 774.9k $83.8m | Reduced -86.2k |
| Invesco Ltd. 0.01% of their portfolio | 700.4k $75.7m | Reduced -1.5m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 682.8k $73.8m | Added +68.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 643.7k $69.6m | Added +11.0k |
| CONGRESS ASSET MANAGEMENT CO 0.50% of their portfolio | 642.4k $69.5m | Added +90.8k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 639.6k $69.2m | Reduced -20.5k |
| ArrowMark Colorado Holdings LLC 1.79% of their portfolio | 623.7k $67.5m | Added +53.2k |
| Nuveen, LLC 0.02% of their portfolio | 593.2k $64.2m | Reduced -4.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.58% of their portfolio | 534.0k $57.7m | New |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 422.8k $45.7m | First filing |
| Bank of New York Mellon Corp 0.01% of their portfolio | 405.3k $43.8m | Reduced -14.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 399.4k $43.2m | Added +67.1k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 376.0k $40.7m | Reduced -74.1k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.28% of their portfolio | 357.0k $38.6m | Reduced -50.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 345.0k $37.3m | Reduced -2.1k |
| Driehaus Capital Management LLC 0.27% of their portfolio | 339.4k $36.7m | Reduced -2.2k |
| GAMCO INVESTORS, INC. ET AL 0.36% of their portfolio | 335.4k $36.3m | Reduced -4.0k |
| Global Alpha Capital Management Ltd. 2.15% of their portfolio | 330.1k $35.7m | Reduced -105.9k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 318.0k $34.4m | Added +72.9k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 302.8k $32.3m | Reduced -17.1k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 2.63% of their portfolio | 294.9k $31.9m | Added +71.9k |
| Pembroke Management, LTD 4.50% of their portfolio | 287.9k $31.1m | Reduced -84.7k |
| BESSEMER GROUP INC 0.05% of their portfolio | 285.9k $30.9m | Reduced -9.6k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 274.1k $29.6m | Added +110.5k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.16% of their portfolio | 270.5k $29.2m | Added +22.9k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.85% of their portfolio | 267.6k $28.9m | Added +101.1k |
| Capital International Investors 0.01% of their portfolio | 262.9k $28.4m | Added +75.9k |
| EULAV Asset Management 0.91% of their portfolio | 261.8k $28.3m | Unchanged |
| Greenvale Capital LLP 3.02% of their portfolio | 254.6k $27.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 244.1k $26.4m | Added +70.1k |
| Robeco Schweiz AG 0.55% of their portfolio | 241.4k $26.1m | Added +47.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 238.2k $25.8m | Added +158.0k |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 230.7k $24.9m | Reduced -34.4k |
| Squarepoint Ops LLC 0.05% of their portfolio | 217.6k $23.5m | Added +146.4k |
| Public Sector Pension Investment Board 0.07% of their portfolio | 217.5k $23.5m | Reduced -43.2k |
| Aperture Investors, LLC 2.96% of their portfolio | 216.3k $23.4m | Added +12.2k |
| DF DENT & CO INC 0.44% of their portfolio | 211.8k $22.9m | Added +12.3k |
| Ranger Investment Management, L.P. 1.50% of their portfolio | 191.7k $20.7m | Reduced -1.5k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 188.7k $20.4m | Reduced -4.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 187.4k $19.6m | Added +72.3k |
| UBS Group AG 0.00% of their portfolio | 186.9k $20.2m | Reduced -149.2k |
| Handelsbanken Fonder AB 0.07% of their portfolio | 185.8k $20.1m | Reduced -77.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 185.2k $20.0m | Reduced -137.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.03% of their portfolio | 184.9k $20.0m | Added +11.7k |
| CONGRUENCE CAPITAL, LLC 6.50% of their portfolio | 179.3k $19.4m | New |
| GABELLI FUNDS LLC 0.13% of their portfolio | 178.6k $19.3m | Reduced -1.0k |
| Capital Research Global Investors 0.00% of their portfolio | 176.9k $19.1m | New |
| PANAGORA ASSET MANAGEMENT INC 0.07% of their portfolio | 169.3k $18.3m | Reduced -70.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 168.9k $18.3m | Reduced -22.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 160.9k $17.4m | Reduced -5.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 153.9k $16.6m | Added +7.5k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 152.5k $16.5m | Reduced -169.3k |
| Legal & General Group Plc 0.00% of their portfolio | 144.3k $15.6m | Reduced -13.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 142.9k $15.5m | Added +3.5k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 136.8k $14.8m | Added +97.2k |
| FRED ALGER MANAGEMENT, LLC 0.06% of their portfolio | 131.2k $14.2m | Reduced -629 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 127.4k $13.8m | Reduced -4.4k |
| Montanaro Asset Management Ltd 3.98% of their portfolio | 123.1k $13.3m | Added +54.6k |
| Swiss National Bank 0.01% of their portfolio | 120.2k $13.0m | Added +300 |
| BARCLAYS PLC 0.00% of their portfolio | 119.8k $13.0m | Reduced -28.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 119.5k $12.9m | Added +5.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 118.0k $12.8m | Reduced -10.0k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 105.7k $11.4m | Unchanged |
| FIFTH THIRD BANCORP 0.02% of their portfolio | 104.9k $11.3m | Added +104.1k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 101.8k $11.0m | Added +13.6k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 100.1k $10.8m | Added +14.0k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 99.6k $10.8m | Reduced -229 |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 98.7k $10.7m | Reduced -17.0k |
| Bahl & Gaynor LLC 0.05% of their portfolio | 96.1k $10.4m | Added +2.0k |
| ALTA CAPITAL MANAGEMENT LLC/ 0.77% of their portfolio | 92.1k $10.0m | Added +23.0k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 86.1k $9.3m | Added +3.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 81.8k $8.8m | Reduced -5.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 77.3k $8.4m | Added +17.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 77.0k $8.3m | Added +3.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 75.7k $8.0m | Reduced -2.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 74.8k $8.1m | Reduced -37.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 74.4k $8.1m | Reduced -1.5k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 73.7k $8.0m | Reduced -129.5k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 72.7k $7.9m | Added +12.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 72.2k $7.8m | Reduced -2.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 71.1k $7.7m | Reduced -6.6k |