Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FSS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 9.1M | $980.3M | +0.7% | 14.860% | 0.02% |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.6M | $394.4M | β | 5.979% | 0.02% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 2.7M | $293.9M | β | 4.455% | 0.01% |
| 4 | STATE STREET CORP | 2.3M | $249.5M | +2.8% | 3.782% | 0.01% |
| 5 | Capital World Investors | 2.2M | $236.3M | -7.5% | 3.582% | 0.03% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 1.8M | $194.4M | +4.1% | 2.946% | 0.01% |
| 7 | FMR LLC | 1.6M | $178.1M | -0.9% | 2.700% | 0.01% |
| 8 | WASATCH ADVISORS INC | 1.5M | $162.9M | -11.2% | 2.470% | 1.08% |
| 9 | Neuberger Berman Group LLC | 1.4M | $150.7M | -2.7% | 2.285% | 0.11% |
| 10 | DIMENSIONAL FUND ADVISORS LP | 1.2M | $130.6M | +0.3% | 1.980% | 0.03% |
| 11 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.2M | $127.1M | -9.8% | 1.927% | 0.22% |
| 12 | FIRST TRUST ADVISORS LP | 1.2M | $125.6M | +12.0% | 1.905% | 0.09% |
| 13 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 891K | $96.4M | +0.8% | 1.461% | 0.01% |
| 14 | Allianz Asset Management GmbH | 874K | $94.5M | +1.9% | 1.432% | 0.10% |
| 15 | Conestoga Capital Advisors, LLC | 861K | $93.1M | -13.9% | 1.411% | 1.86% |
| 16 | GOLDMAN SACHS GROUP INC | 841K | $90.9M | +4.0% | 1.378% | 0.01% |
| 17 | MORGAN STANLEY | 775K | $83.8M | -10.0% | 1.270% | 0.01% |
| 18 | Invesco Ltd. | 700K | $75.7M | -67.7% | 1.148% | 0.01% |
| 19 | BANK OF AMERICA CORP /DE/ | 683K | $73.8M | +11.2% | 1.119% | 0.01% |
| 20 | NORTHERN TRUST CORP | 644K | $69.6M | +1.7% | 1.055% | 0.01% |
| 21 | CONGRESS ASSET MANAGEMENT CO /MA | 642K | $69.5M | +16.5% | 1.053% | 0.50% |
| 22 | FRANKLIN RESOURCES INC | 640K | $69.2M | -3.1% | 1.048% | 0.02% |
| 23 | ArrowMark Colorado Holdings LLC | 624K | $67.5M | +9.3% | 1.022% | 1.79% |
| 24 | Nuveen, LLC | 593K | $64.2M | -0.7% | 0.972% | 0.02% |
| 25 | VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | 534K | $57.7M | β | 0.875% | 0.58% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in FSS β a direct measure of their conviction.
Filings activity in FSS during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new FSS position in Q1 2026
Institutions that fully closed their FSS position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 438 | +5.3% | 89.49% | 2.16 pp | $5.96B | 2.4% |
| Q4 2025 | 416 | 2.1% | 91.65% | 9.33 pp | $6.10B | 9.2% |
| Q3 2025 | 425 | +3.2% | 100.98% | +10.34 pp | $6.72B | +11% |
| Q2 2025 | 412 | +8.1% | 90.64% | +30.39 pp | $6.03B | +50% |
| Q1 2025 | 381 | 1.8% | 60.25% | 15.05 pp | $4.01B | 20% |
| Q4 2024 | 388 | +1.0% | 75.30% | +3.14 pp | $5.01B | +4.3% |
| Q3 2024 | 384 | +8.2% | 72.16% | 5.83 pp | $4.80B | 7.5% |
| Q2 2024 | 355 | β | 77.99% | β | $5.19B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FSS stock.
Based on Q1 2026 13F filings, institutional ownership of Federal Signal Corporation stands at 89.5%, held across 438 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FSS, with approximately 9,065,080 shares worth $0.98B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of FSS.
Our composite Smart Money Score for FSS is 29 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
82 institutions opened new positions in FSS during Q1 2026, while 60 fully exited. 144 added to existing positions and 207 trimmed.
FSS institutional ownership fell by 2.16 percentage points quarter-over-quarter, with a net change of +22 holders.
The top 10 institutions account for 49.9% of all reported 13F value in FSS, and the top 25 account for 71.0%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.