Federal Signal
164 hedge funds and large institutions have $678M invested in Federal Signal in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 59 increasing their positions, 64 reducing their positions, and 21 closing their positions.
1.41% more ownership
Funds ownership: 83.98% → 85.39% (+1.4%)
4% more capital invested
Capital invested by funds: $654M → $678M (+$24.2M)
8% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 64
5% less funds holding
Funds holding: 172 → 164 (-8)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$21M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
+$9.85M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$5.94M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.72M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$23.3M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$5.64M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$3.98M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.99M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$2.95M |
FSS Hedge Fund Activity: Q3 2016 in Review
164 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Federal Signal (FSS) for Q3 2016, worth a combined $678M — up 3.7% from $654M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FSS and 15 opened new positions — a net loss of 6 holders — while 64 trimmed existing stakes and 59 added.
The largest buyer was Southernsun Asset Management, adding an estimated $21M. The largest seller was Royce & Associates, cutting an estimated $23.3M.
- 164 institutional investors held Federal Signal (FSS) as of Q3 2016, down from 172 in Q2 2016.
- Funds reported $678M of Federal Signal stock for Q3 2016, up 3.7% quarter-over-quarter.
- 15 funds opened new Federal Signal positions in Q3 2016 and 21 closed out, a net change of -6 holders.
- The largest Federal Signal buyer in Q3 2016 was Southernsun Asset Management, an estimated $21M added.
- The largest Federal Signal seller in Q3 2016 was Royce & Associates, an estimated $23.3M sold.
Based on aggregated 13F filings for Q3 2016.