Federal Signal
172 hedge funds and large institutions have $804M invested in Federal Signal in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 69 reducing their positions, and 17 closing their positions.
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
19% more capital invested
Capital invested by funds: $675M → $804M (+$129M)
5% more funds holding
Funds holding: 164 → 172 (+8)
0.58% more ownership
Funds ownership: 85.39% → 85.97% (+0.58%)
28% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$22.6M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$12.1M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$10.8M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$6.44M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$14.1M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$9.49M |
| 3 |
JP Morgan Chase
New York
|
-$6.89M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$6.03M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
-$4.48M |
FSS Hedge Fund Activity: Q4 2016 in Review
172 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Federal Signal (FSS) for Q4 2016, worth a combined $804M — up 19% from $675M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FSS positions and 17 closed out — a net gain of 10 holders — while 50 added to existing stakes and 69 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $22.6M. The largest seller was Royce & Associates, cutting an estimated $14.1M.
- 172 institutional investors held Federal Signal (FSS) as of Q4 2016, up from 164 in Q3 2016.
- Funds reported $804M of Federal Signal stock for Q4 2016, up 19% quarter-over-quarter.
- 27 funds opened new Federal Signal positions in Q4 2016 and 17 closed out, a net change of +10 holders.
- The largest Federal Signal buyer in Q4 2016 was Goldman Sachs, an estimated $22.6M added.
- The largest Federal Signal seller in Q4 2016 was Royce & Associates, an estimated $14.1M sold.
Based on aggregated 13F filings for Q4 2016.