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Badger Meter Inc

BMI
Exchange
NYSE
Industry
Totalizing Fluid Meters & Counting Devices
SEC CIK
0000009092

In the last 90 days, Badger Meter Inc insiders filed 1 open-market purchase and 0 sales; 483 institutions reported holding it in 13F filings for Q2 2026, worth $4.87B in total; Fundsmith is the only superinvestor holding it.

13F holders, Q2 2026

Institutional positions in Badger Meter Inc as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
483
+10 vs. Q1 2026
Shares held
32.8M
+2.39M (+7.8%) vs. Q1 2026
Total value
$4.86B
+$238.4M (+5.2%) vs. Q1 2026
New holders
82
170 more added
Sold out
72
160 more reduced

4 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BMI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 483 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 282 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 416 institutionsQ2 2024: 451 institutionsQ3 2024: 477 institutionsQ4 2024: 490 institutionsQ1 2025: 497 institutionsQ2 2025: 536 institutionsQ3 2025: 480 institutionsQ4 2025: 490 institutionsQ1 2026: 477 institutionsQ2 2026: 483 institutions
Value heldQ2 2026: $4.87B
Q1 2021: $2.38BQ2 2021: $2.50BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.56BQ2 2022: $2.08BQ3 2022: $2.38BQ4 2022: $2.77BQ1 2023: $3.14BQ2 2023: $3.83BQ3 2023: $3.78BQ4 2023: $4.23BQ1 2024: $4.54BQ2 2024: $5.01BQ3 2024: $5.84BQ4 2024: $5.73BQ1 2025: $5.34BQ2 2025: $6.97BQ3 2025: $5.15BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.87B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.87B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.15B
Q2 2025536$6.97B
Q1 2025497$5.34B
Q4 2024490$5.73B
Q3 2024477$5.84B
Q2 2024451$5.01B
Q1 2024416$4.54B
Q4 2023395$4.23B
Q3 2023374$3.78B
Q2 2023355$3.83B
Q1 2023324$3.14B
Q4 2022310$2.77B
Q3 2022282$2.38B
Q2 2022272$2.08B
Q1 2022286$2.56B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.50B
Q1 2021263$2.38B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q1 2026.

Institutions holding BMI in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.4,892,342$725.9M0.01%−59,540−1.2%Reduced
Vanguard Portfolio Management LLC2,504,823$371.7M0.02%+53,172+2.2%Added
State Street Corp1,651,414$245.0M0.01%+126,444+8.3%Added
Vanguard Capital Management LLC1,317,325$195.5M0.00%+15,705+1.2%Added
Geode Capital Management, LLC1,008,392$149.6M0.01%+69,561+7.4%Added
Impax Asset Management Group plc945,694$140.3M0.91%+945,694New
First Trust Advisors LP771,864$114.5M0.07%+211,508+37.7%Added
Morgan Stanley739,882$109.8M0.01%+76,690+11.6%Added
Boston Trust Walden Corp728,961$108.2M0.82%+198,792+37.5%Added
UBS Group AG629,411$93.4M0.01%−228,763−26.7%Reduced
Amundi590,079$87.6M0.02%+131,016+28.5%Added
Pictet Asset Management Holding SA574,477$85.2M0.08%+180,133+45.7%Added
Dimensional Fund Advisors LP517,496$76.8M0.01%−22,776−4.2%Reduced
Invesco Ltd.505,343$75.0M0.01%−272,564−35.0%Reduced
Neuberger Berman Group LLC499,519$74.1M0.05%+152,799+44.1%Added
Bank of America Corp460,602$68.3M0.00%+167,750+57.3%Added
JPMorgan Chase & Co434,707$60.5M0.00%−41,017−8.6%Reduced
Northern Trust Corp380,008$56.4M0.01%+47,513+14.3%Added
Norges Bank374,295$55.5M0.01%+374,295New
Charles Schwab Investment Management Inc335,404$49.8M0.01%+15,840+5.0%Added
Van Berkom & Associates Inc.330,384$49.0M1.58%+330,384New
Marshall Wace, LLP312,146$46.3M0.04%−194,544−38.4%Reduced
Goldman Sachs Group Inc311,866$46.3M0.00%−152,957−32.9%Reduced
Mirae Asset Global ETFs Holdings Ltd.280,713$41.6M0.05%+16,843+6.4%Added
Price T Rowe Associates Inc276,884$41.1M0.00%+16,121+6.2%Added
American Capital Management Inc258,243$38.3M1.72%+72,402+39.0%Added
Fundsmith Investment Services Ltd.251,196$37.3M0.82%+118,565+89.4%Added
Rockefeller Capital Management L.P.243,204$36.1M0.06%−18,488−7.1%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC229,639$34.1M0.08%+25,885+12.7%Added
Franklin Resources Inc223,931$33.2M0.01%+2,629+1.2%Added
Federated Hermes, Inc.212,645$31.6M0.05%+176,922+495.3%Added
Legal & General Group Plc211,253$31.3M0.01%+8,427+4.2%Added
Vanguard Fiduciary Trust Co209,599$31.1M0.01%+3,805+1.8%Added
Storebrand Asset Management AS209,229$31.0M0.08%+53,651+34.5%Added
Sandhill Capital Partners LLC201,632$29.9M2.43%+201,632New
Select Equity Group, L.P.199,278$29.6M0.16%+107,454+117.0%Added
Bank of New York Mellon Corp196,890$29.2M0.00%−8,354−4.1%Reduced
Copeland Capital Management, LLC190,906$28.3M0.58%+190,905+19,090,500.0%Added
Arrowstreet Capital, Limited Partnership188,594$28.0M0.01%+50,914+37.0%Added
Principal Financial Group Inc183,970$27.3M0.01%+3,394+1.9%Added
Belpointe Asset Management LLC178,964$26.6M0.87%+40.0%Added
XXEC, Inc.204,736$26.0M3.38%+107,090+109.7%Added
Fundsmith LLPSuperinvestorFundsmith174,627$25.9M0.19%+32,136+22.6%Added
TD Asset Management Inc172,506$25.6M0.02%−9,504−5.2%Reduced
Envestnet Asset Management Inc167,310$24.8M0.01%+36,212+27.6%Added
Rodgers Brothers Inc.155,230$23.0M2.24%+65,998+74.0%Added
Jupiter Asset Management Ltd154,818$23.0M0.11%+23,369+17.8%Added
Toroso Investments, LLC147,423$21.9M0.05%−16,095−9.8%Reduced
Needham Investment Management LLC145,000$21.5M0.65%+115,000+383.3%Added
DF Dent & Co Inc143,925$21.4M0.41%−6,944−4.6%Reduced
Royal Bank of Canada138,884$20.6M0.00%−7,005−4.8%Reduced
DekaBank Deutsche Girozentrale137,060$20.2M0.03%00.0%Unchanged
Bridges Investment Management Inc135,764$20.1M0.24%+38,359+39.4%Added
Raymond James Financial Inc118,544$17.6M0.00%−10,573−8.2%Reduced
Nuveen, LLC117,051$17.4M0.00%−18,076−13.4%Reduced
Rhumbline Advisers113,164$16.8M0.01%−9,946−8.1%Reduced
ProShare Advisors LLC112,128$16.6M0.02%+28,075+33.4%Added
Gabelli Funds LLC103,927$15.4M0.10%+733+0.7%Added
Epoch Investment Partners, Inc.102,122$15.2M0.09%+1,250+1.2%Added
Public Sector Pension Investment Board100,272$14.9M0.04%−5,199−4.9%Reduced
Congress Asset Management Co100,030$14.8M0.09%−2,065−2.0%Reduced
Mairs & Power Inc99,464$14.8M0.14%−5,351−5.1%Reduced
Deutsche Bank AG98,707$14.6M0.00%+4,701+5.0%Added
Citigroup Inc96,937$14.4M0.01%+68,964+246.5%Added
Gamco Investors, Inc. Et Al96,725$14.4M0.13%−2,000−2.0%Reduced
Allianz Asset Management GmbH95,812$14.2M0.01%−29,905−23.8%Reduced
Commonwealth Equity Services, LLC94,969$14.1M0.02%+7,586+8.7%Added
Handelsbanken Fonder AB94,029$14.0M0.04%−3,063−3.2%Reduced
Ci Investments Inc.92,973$13.8M0.04%+52,053+127.2%Added
Granite Investment Partners, LLC91,485$13.6M0.70%+30,425+49.8%Added
AQR Capital Management LLC89,789$13.3M0.00%+43,722+94.9%Added
Wells Fargo & Company86,984$12.9M0.00%+24,597+39.4%Added
UBS Asset Management Americas Inc85,820$12.7M0.00%−869−1.0%Reduced
EULAV Asset Management84,200$12.5M0.40%−7,000−7.7%Reduced
Segall Bryant & Hamill, LLC81,774$12.1M0.14%−4,704−5.4%Reduced
Daventry Group, LP80,200$11.9M8.98%+80,200New
Robeco Schweiz AG75,896$11.3M0.18%−65,497−46.3%Reduced
RMB Capital Management, LLC75,739$11.2M0.17%+23,565+45.2%Added
Swiss Life Asset Management Ltd75,648$11.2M0.05%+4,537+6.4%Added
Triodos Investment Management BV75,000$11.1M0.68%+10,000+15.4%Added
Alps Advisors Inc71,707$10.6M0.05%−7,193−9.1%Reduced
Vulcan Value Partners, LLC68,684$10.2M0.31%+68,684New
Bessemer Group Inc65,090$9.66M0.01%−70,976−52.2%Reduced
Dudley & Shanley, Inc.63,000$9.35M1.41%−59,150−48.4%Reduced
Brown Capital Management LLC62,218$9.23M1.85%−9,901−13.7%Reduced
Williams Jones Wealth Management, LLC.61,596$9.14M0.10%+61,596New
Bank of Montreal59,532$8.83M0.00%+45,766+332.5%Added
Swiss National Bank58,600$8.70M0.00%+400+0.7%Added
Balyasny Asset Management LLC58,511$8.68M0.02%+58,511New
Northwestern Mutual Wealth Management Co56,724$8.42M0.00%+56,000+7,734.8%Added
Holocene Advisors, LP53,870$7.99M0.02%+29,730+123.2%Added
Warren Averett Asset Management, LLC53,675$7.96M0.05%−400−0.7%Reduced
Duff & Phelps Investment Management Co52,121$7.73M0.07%+9,010+20.9%Added
KLP Kapitalforvaltning AS50,400$7.48M0.02%+5,500+12.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)47,793$7.09M0.01%−1,086−2.2%Reduced
Ameriprise Financial Inc46,639$6.92M0.00%−24,393−34.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH44,463$6.60M0.01%+6,346+16.6%Added
Teacher Retirement System of Texas43,550$6.46M0.02%−278−0.6%Reduced
D. E. Shaw & Co., Inc.42,667$6.33M0.00%+6,597+18.3%Added
Meiji Yasuda Asset Management Co Ltd.42,485$6.30M0.28%+3,200+8.1%Added