A method and a device are disclosed which seek to improve productivity of the installation of fasteners. This improved productivity is achieved by holding a fastener to a driving tool with a mechanical means for a substantial portion of an installation sequence to prevent nuisance disengagement between fasteners and their driving means including dropping of fasteners early in an installation cycle. The productivity of this fastener holding approach is best realized by allowing a streamlined operation with little interaction between the fastener driving device and an operator. Specifically, a fastener installation device is described which requires no direct manipulation of said device during the sequence of loading a fastener into said device, installation of said fastener with said device, disengagement of said device from said fastener to allow complete installation of said fastener, and loading a subsequent fastener.