Who owns Federal Signal (FSS)
Which tracked institutional funds hold FSS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FSS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
183 tracked funds added or opened FSS while 69 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FSS’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes FSS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in FSS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 434 tracked filers holding FSS, 230 increased or opened the position and 227 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FSS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 20
- Waratah Capital Advisors Ltd.$46M
- Jupiter Topco LLC$44M
- Sandhill Capital Partners LLC$41M
- RENAISSANCE GROUP LLC$8M
- CLIFTONLARSONALLEN WEALTH ADVISORS, LLC$6M
- Summit Creek Advisors LLC$5M
Full exits 43
- GW&K Investment Management, LLC$104M
- Van Berkom & Associates Inc.$78M
- T. Rowe Price Investment Management, Inc.$41M
- JANUS HENDERSON GROUP PLC$34M
- BESSEMER GROUP INC$31M
- Capital International Investors$28M
Largest adds
- BlackRock, Inc.$351M
- Pictet Asset Management Holding SA$113M
- JPMORGAN CHASE & CO$73M
- STATE STREET CORP$65M
- GEODE CAPITAL MANAGEMENT, LLC$57M
- VANGUARD PORTFOLIO MANAGEMENT LLC$55M
Largest trims
- ArrowMark Colorado Holdings LLC$38M
- PANAGORA ASSET MANAGEMENT INC$10M
- BARCLAYS PLC$6M
- D. E. Shaw & Co., Inc.$5M
- TUDOR INVESTMENT CORP ET AL$4M
- ALGERT GLOBAL LLC$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 9,619,456 | $1.2B | 17.5% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 3,495,003 | $449M | 6.4% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 2,649,644 | $340M | 4.8% | 2026-Q2 |
| STATE STREET CORP added | 2,446,720 | $314M | 4.4% | 2026-Q2 |
| Capital World Investors added | 2,244,770 | $288M | 4.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,953,082 | $251M | 3.5% | 2026-Q2 |
| FMR LLC trimmed | 1,492,118 | $192M | 2.7% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 1,441,454 | $185M | 2.6% | 2026-Q2 |
| WASATCH ADVISORS LP trimmed | 1,365,316 | $175M | 2.5% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,226,624 | $158M | 2.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 1,090,728 | $140M | 2.0% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 1,060,828 | $136M | 1.9% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 988,693 | $127M | 1.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 908,144 | $117M | 1.7% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 884,638 | $114M | 1.6% | 2026-Q2 |
| Allianz Asset Management GmbH added | 873,703 | $94M | 1.3% | 2026-Q2 |
| NORGES BANK trimmed | 793,191 | $102M | 1.4% | 2026-Q2 |
| MORGAN STANLEY added | 786,720 | $101M | 1.4% | 2026-Q2 |
| Invesco Ltd. added | 750,478 | $96M | 1.4% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 726,138 | $93M | 1.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 724,846 | $92M | 1.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 719,322 | $92M | 1.3% | 2026-Q2 |
| Conestoga Capital Advisors, LLC trimmed | 716,591 | $92M | 1.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 699,557 | $90M | 1.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 617,225 | $79M | 1.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 610,965 | $79M | 1.1% | 2026-Q2 |
| Nuveen, LLC trimmed | 569,074 | $73M | 1.0% | 2026-Q2 |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. added | 540,364 | $69M | 1.0% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 434,583 | $56M | 0.8% | 2026-Q2 |
| Bank of New York Mellon Corp added | 412,910 | $53M | 0.8% | 2026-Q2 |
| NEUMEIER POMA INVESTMENT COUNSEL LLC added | 404,008 | $52M | 0.7% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 396,221 | $51M | 0.7% | 2026-Q2 |
| Waratah Capital Advisors Ltd. new | 360,200 | $46M | 0.7% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC added | 351,833 | $45M | 0.6% | 2026-Q2 |
| Jupiter Topco LLC new | 339,342 | $44M | 0.6% | 2026-Q2 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 335,497 | $43M | 0.6% | 2026-Q2 |
| Global Alpha Capital Management Ltd. trimmed | 326,966 | $42M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 322,816 | $41M | 0.6% | 2026-Q2 |
| Sandhill Capital Partners LLC new | 317,427 | $41M | 0.6% | 2026-Q2 |
| GAMCO INVESTORS, INC. ET AL trimmed | 316,285 | $41M | 0.6% | 2026-Q2 |
| EULAV Asset Management added | 292,336 | $38M | 0.5% | 2026-Q2 |
| Driehaus Capital Management LLC trimmed | 286,189 | $37M | 0.5% | 2026-Q2 |
| Public Sector Pension Investment Board added | 284,057 | $36M | 0.5% | 2026-Q2 |
| Pembroke Management, LTD trimmed | 283,387 | $36M | 0.5% | 2026-Q2 |
| OBERWEIS ASSET MANAGEMENT INC/ added | 269,084 | $35M | 0.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 267,579 | $34M | 0.5% | 2026-Q2 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ trimmed | 266,223 | $34M | 0.5% | 2026-Q2 |
| CONGRUENCE CAPITAL, LLC added | 243,958 | $31M | 0.4% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC added | 233,813 | $30M | 0.4% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC trimmed | 228,974 | $29M | 0.4% | 2026-Q2 |
| UBS Group AG added | 218,676 | $28M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 218,155 | $28M | 0.4% | 2026-Q2 |
| Aperture Investors, LLC | 216,316 | $28M | 0.4% | 2026-Q2 |
| SEI INVESTMENTS CO added | 214,417 | $28M | 0.4% | 2026-Q2 |
| DF DENT & CO INC added | 213,990 | $27M | 0.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 206,965 | $27M | 0.4% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 200,145 | $26M | 0.4% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 193,419 | $25M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 185,827 | $24M | 0.3% | 2026-Q2 |
| Capital Research Global Investors added | 181,755 | $23M | 0.3% | 2026-Q2 |
| Ranger Investment Management, L.P. trimmed | 179,428 | $23M | 0.3% | 2026-Q2 |
| GABELLI FUNDS LLC | 178,600 | $23M | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 176,318 | $23M | 0.3% | 2026-Q2 |
| DUDLEY & SHANLEY, INC. added | 169,285 | $22M | 0.3% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 156,986 | $20M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 142,668 | $18M | 0.3% | 2026-Q2 |
| Legal & General Group Plc trimmed | 138,565 | $18M | 0.3% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 132,519 | $17M | 0.2% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC trimmed | 130,866 | $17M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 127,499 | $16M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 122,905 | $16M | 0.2% | 2026-Q2 |
| Montanaro Asset Management Ltd trimmed | 122,531 | $16M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 121,531 | $16M | 0.2% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 119,918 | $15M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 119,100 | $15M | 0.2% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 97,242 | $12M | 0.2% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 95,615 | $12M | 0.2% | 2026-Q2 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC trimmed | 95,122 | $12M | 0.2% | 2026-Q2 |
| Baird Financial Group, Inc. added | 95,021 | $12M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 92,836 | $12M | 0.2% | 2026-Q2 |
| SCOPUS ASSET MANAGEMENT, L.P. added | 91,271 | $12M | 0.2% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 89,548 | $12M | 0.2% | 2026-Q2 |
| Bahl & Gaynor LLC trimmed | 86,649 | $11M | 0.2% | 2026-Q2 |
| ALTA CAPITAL MANAGEMENT LLC/ trimmed | 86,264 | $11M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 84,526 | $11M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 84,142 | $11M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 81,269 | $9M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 80,419 | $10M | 0.1% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 80,225 | $10M | 0.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP trimmed | 79,392 | $10M | 0.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 74,832 | $10M | 0.1% | 2026-Q2 |
| CARDEROCK CAPITAL MANAGEMENT INC added | 74,774 | $10M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 74,733 | $10M | 0.1% | 2026-Q2 |
| TEACHER RETIREMENT SYSTEM OF TEXAS added | 73,948 | $10M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC trimmed | 71,640 | $9M | 0.1% | 2026-Q2 |
| Clark Capital Management Group, Inc. added | 70,047 | $9M | 0.1% | 2026-Q2 |
| PARADIGM CAPITAL MANAGEMENT INC/NY | 70,000 | $9M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 68,677 | $9M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 67,704 | $9M | 0.1% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 67,119 | $9M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.