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 ($28.5m this quarter). Holder counts are more reliable. Shares outstanding: 61.0m as of 2026-06-30, 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 ≈ $128.17. Options: 5 managers hold calls ($6.8m notional), 5 hold puts ($14.0m).
Trends to Q2 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 |
| Q2 2026 | 471 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 243 | 200 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.1m | $428.4k | 0.14 |
| Q4 2025 | $2.0m | $206.3k | 0.10 |
| Q1 2026 | $2.6m | $713.7k | 0.27 |
| Q2 2026 | $6.8m | $14.0m | 2.06 |
Biggest buyers
| Pictet Asset Management Holding SA | Added | +874.9k |
| BlackRock, Inc. | Added | +554.4k |
| JPMORGAN CHASE & CO | Added | +537.4k |
| Waratah Capital Advisors Ltd. | New | +360.2k |
| Sandhill Capital Partners LLC | New | +317.4k |
| Pembroke Management, LTD | Added | +278.9k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +155.8k |
| STATE STREET CORP | Added | +139.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +136.8k |
| Allspring Global Investments Holdings, LLC | Added | +132.0k |
Biggest sellers
| Van Berkom & Associates Inc. | Reduced | -766.6k |
| ArrowMark Colorado Holdings LLC | Reduced | -394.8k |
| Capital International Investors | Sold out | -262.9k |
| Greenvale Capital LLP | Sold out | -254.6k |
| Robeco Schweiz AG | Sold out | -241.4k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -238.2k |
| FMR LLC | Reduced | -154.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -152.2k |
| Conestoga Capital Advisors, LLC | Reduced | -144.3k |
| WASATCH ADVISORS LP | Reduced | -141.2k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $2.4m18.8k shares |
| IMC-Chicago, LLC | New | $1.5m11.5k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m9.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.2m9.0k shares |
| SIMPLEX TRADING, LLC | Added | $514.0k4.0k shares |
Biggest puts
| SCOPUS ASSET MANAGEMENT, L.P. | New | $10.3m80.0k shares |
| JPMORGAN CHASE & CO | New | $2.3m18.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $539.7k4.2k shares |
| IMC-Chicago, LLC | New | $462.6k3.6k shares |
| JANE STREET GROUP, LLC | Added | $449.7k3.5k 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $3.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-04 | Bonina Diane VP, Gen'l Counsel & Secretary | Sold | $1.9m14.9k shares |
| 2026-08-04 | REICHELDERFER BRENDA Director | Sold | $795.3k6.1k shares |
| 2026-08-03 | Bonina Diane VP, Gen'l Counsel & Secretary | Sold | $567.5k4.4k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 9.6m $1.2bn | Added +554.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 3.5m $449.1m | Reduced -152.2k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.6m $340.5m | Reduced -68.3k |
| STATE STREET CORP 0.01% of their portfolio | 2.4m $314.4m | Added +139.4k |
| Capital World Investors 0.03% of their portfolio | 2.2m $288.4m | Added +59.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $251.0m | Added +155.8k |
| FMR LLC 0.01% of their portfolio | 1.5m $191.7m | Reduced -154.7k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 1.4m $185.2m | Added +47.7k |
| WASATCH ADVISORS LP 1.15% of their portfolio | 1.4m $175.4m | Reduced -141.2k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.2m $157.6m | Added +18.5k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 1.1m $140.1m | Reduced -71.1k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.20% of their portfolio | 1.1m $136.3m | Reduced -114.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 988.7k $127.0m | Added +136.8k |
| GW&K Investment Management, LLC 0.93% of their portfolio | 926.5k $119.0m | Reduced -31.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 908.1k $116.7m | Added +17.0k |
| Pictet Asset Management Holding SA 0.11% of their portfolio | 884.6k $113.7m | Added +874.9k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 873.7k $94.5m | Added +30 |
| NORGES BANK 0.01% of their portfolio | 793.2k $101.9m | Not comparable |
| MORGAN STANLEY 0.01% of their portfolio | 786.7k $101.1m | Added +11.8k |
| Invesco Ltd. 0.01% of their portfolio | 750.5k $96.4m | Added +50.0k |
| CONGRESS ASSET MANAGEMENT CO 0.57% of their portfolio | 726.1k $93.3m | Added +83.8k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 724.8k $92.2m | Added +537.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 719.3k $92.4m | Reduced -121.2k |
| Conestoga Capital Advisors, LLC 2.00% of their portfolio | 716.6k $92.1m | Reduced -144.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 699.6k $89.9m | Added +55.9k |
| Van Berkom & Associates Inc. 2.82% of their portfolio | 682.0k $87.6m | Reduced -766.6k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 617.2k $79.3m | Reduced -22.4k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 611.0k $78.5m | Reduced -71.8k |
| Nuveen, LLC 0.02% of their portfolio | 569.1k $73.1m | Reduced -24.2k |
| Pembroke Management, LTD 5.16% of their portfolio | 566.8k $72.8m | Added +278.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.61% of their portfolio | 540.4k $69.4m | Added +6.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 434.6k $55.8m | Added +11.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 412.9k $53.1m | Added +7.6k |
| NEUMEIER POMA INVESTMENT COUNSEL LLC 3.55% of their portfolio | 404.0k $51.9m | Added +109.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 396.2k $50.9m | Reduced -3.2k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 390.5k $50.2m | Added +14.5k |
| Waratah Capital Advisors Ltd. 3.56% of their portfolio | 360.2k $46.3m | New |
| BESSEMER GROUP INC 0.06% of their portfolio | 357.4k $45.9m | Added +71.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 351.8k $45.2m | Added +6.9k |
| Jupiter Topco LLC 0.02% of their portfolio | 339.3k $43.6m | First filing |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.28% of their portfolio | 335.5k $43.1m | Reduced -21.5k |
| Global Alpha Capital Management Ltd. 2.52% of their portfolio | 327.0k $42.0m | Reduced -3.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 322.8k $41.5m | Added +20.0k |
| Sandhill Capital Partners LLC 3.32% of their portfolio | 317.4k $40.8m | New |
| GAMCO INVESTORS, INC. ET AL 0.36% of their portfolio | 316.3k $40.6m | Reduced -19.1k |
| EULAV Asset Management 1.20% of their portfolio | 292.3k $37.6m | Added +30.5k |
| Driehaus Capital Management LLC 0.21% of their portfolio | 286.2k $36.8m | Reduced -53.3k |
| Public Sector Pension Investment Board 0.10% of their portfolio | 284.1k $36.5m | Added +66.6k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.71% of their portfolio | 269.1k $34.6m | Added +1.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 267.6k $34.4m | Added +23.5k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.17% of their portfolio | 266.2k $34.2m | Reduced -4.2k |
| CONGRUENCE CAPITAL, LLC 8.19% of their portfolio | 244.0k $31.3m | Added +64.6k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 233.8k $29.8m | Added +132.0k |
| ArrowMark Colorado Holdings LLC 1.22% of their portfolio | 229.0k $29.4m | Reduced -394.8k |
| UBS Group AG 0.00% of their portfolio | 218.7k $28.1m | Added +31.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 218.2k $28.0m | Added +32.9k |
| Aperture Investors, LLC 2.95% of their portfolio | 216.3k $27.8m | Unchanged |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 214.9k $27.6m | Reduced -15.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 214.4k $27.6m | Added +45.5k |
| DF DENT & CO INC 0.52% of their portfolio | 214.0k $27.5m | Added +2.1k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 207.0k $26.6m | Reduced -67.1k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 200.1k $25.7m | Added +11.4k |
| Handelsbanken Fonder AB 0.07% of their portfolio | 194.3k $25.0m | Added +8.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.04% of their portfolio | 193.4k $24.9m | Added +8.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 185.8k $23.9m | Added +31.9k |
| Capital Research Global Investors 0.00% of their portfolio | 181.8k $23.4m | Added +4.8k |
| Ranger Investment Management, L.P. 1.46% of their portfolio | 179.4k $23.1m | Reduced -12.3k |
| GABELLI FUNDS LLC 0.15% of their portfolio | 178.6k $22.9m | Unchanged |
| Squarepoint Ops LLC 0.04% of their portfolio | 176.3k $22.7m | Reduced -41.3k |
| DUDLEY & SHANLEY, INC. 3.28% of their portfolio | 169.3k $21.8m | Added +106.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.03% of their portfolio | 157.0k $20.2m | Added +98.8k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 143.1k $18.4m | Added +6.3k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 142.7k $18.3m | Reduced -18.2k |
| Legal & General Group Plc 0.00% of their portfolio | 138.6k $17.8m | Reduced -5.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 132.5k $17.0m | Added +26.8k |
| FRED ALGER MANAGEMENT, LLC 0.06% of their portfolio | 130.9k $16.8m | Reduced -375 |
| California Public Employees Retirement System 0.01% of their portfolio | 127.5k $16.4m | Added +8.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 122.9k $15.8m | Reduced -20.0k |
| Montanaro Asset Management Ltd 4.96% of their portfolio | 122.5k $15.7m | Reduced -569 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 121.5k $15.6m | Added +3.5k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 119.9k $15.4m | Added +114.7k |
| Swiss National Bank 0.01% of their portfolio | 119.1k $15.3m | Reduced -1.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 97.2k $12.5m | Reduced -2.9k |
| TUDOR INVESTMENT CORP ET AL 0.05% of their portfolio | 95.6k $12.3m | Reduced -56.9k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 95.1k $12.2m | Reduced -4.5k |
| Baird Financial Group, Inc. 0.02% of their portfolio | 95.0k $12.2m | Added +64.7k |
| FIFTH THIRD BANCORP 0.02% of their portfolio | 92.8k $11.9m | Reduced -12.1k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.28% of their portfolio | 91.3k $11.7m | Added +81.3k |
| PICTON MAHONEY ASSET MANAGEMENT 0.11% of their portfolio | 89.5k $11.5m | Added +40.4k |
| Bahl & Gaynor LLC 0.05% of their portfolio | 86.6k $11.1m | Reduced -9.4k |
| ALTA CAPITAL MANAGEMENT LLC/ 0.82% of their portfolio | 86.3k $11.1m | Reduced -5.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 84.5k $10.9m | Reduced -14.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 84.1k $10.8m | Added +13.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 81.3k $8.8m | Added +6.9k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 80.4k $10.3m | Added +22.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 80.2k $10.3m | Added +2.9k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 79.4k $10.2m | Reduced -6.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 74.8k $9.6m | Added +6.1k |
| CARDEROCK CAPITAL MANAGEMENT INC 2.11% of their portfolio | 74.8k $9.6m | Added +40.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 74.7k $9.6m | Added +19.7k |