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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 $4.86B in total; Fundsmith is the only superinvestor holding it.

13F holders, Q4 2022

Institutional positions in Badger Meter Inc as of Dec 31, 2022. 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
310
+35 vs. Q3 2022
Shares held
25.1M
−388.9K (−1.5%) vs. Q3 2022
Total value
$2.74B
+$380.5M (+16.1%) vs. Q3 2022
New holders
58
108 more added
Sold out
23
98 more reduced

6 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: 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 holdersQ4 2022: 310 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 281 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 415 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 heldQ4 2022: $2.74B
Q1 2021: $2.36BQ2 2021: $2.48BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.53BQ2 2022: $2.07BQ3 2022: $2.37BQ4 2022: $2.74BQ1 2023: $3.13BQ2 2023: $3.82BQ3 2023: $3.77BQ4 2023: $4.06BQ1 2024: $4.25BQ2 2024: $4.90BQ3 2024: $5.75BQ4 2024: $5.72BQ1 2025: $5.33BQ2 2025: $6.92BQ3 2025: $5.06BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.86B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.86B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.06B
Q2 2025536$6.92B
Q1 2025497$5.33B
Q4 2024490$5.72B
Q3 2024477$5.75B
Q2 2024451$4.90B
Q1 2024415$4.25B
Q4 2023395$4.06B
Q3 2023374$3.77B
Q2 2023355$3.82B
Q1 2023324$3.13B
Q4 2022310$2.74B
Q3 2022281$2.37B
Q2 2022272$2.07B
Q1 2022286$2.53B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.48B
Q1 2021263$2.36B

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q3 2022.

Institutions holding BMI in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Ellenbecker Investment Group2,778$302.0K0.09%+5+0.2%Added
Janney Montgomery Scott LLC2,847$310.0K0.00%+124+4.6%Added
Advisor Partners II, LLC2,980$324.9K0.02%+108+3.8%Added
PDT Partners, LLC3,023$329.6K0.05%+285+10.4%Added
Pictet Asset Management SA3,079$336.0K0.00%+3,079New
PPS&V Asset Management Consultants, Inc.3,200$348.9K0.33%+3,200New
Advisor Group Holdings, Inc.3,231$353.8K0.00%+1,058+48.7%Added
KLR Investment Advisors, LLC3,269$356.4K0.29%+3,269New
DekaBank Deutsche Girozentrale3,300$359.0K0.00%00.0%Unchanged
Bailard, Inc.3,397$370.4K0.01%+6+0.2%Added
River Street Advisors LLC3,438$374.8K0.40%+3,438New
State of Wisconsin Investment Board3,648$397.7K0.00%−1,807−33.1%Reduced
Mercer Global Advisors Inc3,704$404.0K0.00%+3,704New
CI Private Wealth, LLC3,800$414.3K0.00%+3,800New
Gotham Asset Management, LLC3,841$418.8K0.01%+787+25.8%Added
Bokf, NA4,022$438.5K0.01%−69−1.7%Reduced
Crossmark Global Holdings, Inc.4,125$450.0K0.01%−237−5.4%Reduced
Neuberger Berman Group LLC4,393$479.0K0.00%+4,393New
D. E. Shaw & Co., Inc.4,532$494.1K0.00%−7,291−61.7%Reduced
Mariner, LLC4,589$500.0K0.00%−72−1.5%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC4,627$504.5K0.04%00.0%Unchanged
TownSquare Capital, LLC4,649$506.9K0.01%+4,649New
Dynamic Technology Lab Private Ltd4,817$525.0K0.05%+4,817New
Public Employees Retirement Association of Colorado4,895$534.0K0.00%00.0%Unchanged
Tortoise Capital Advisors, L.L.C.4,912$535.6K0.01%+36+0.7%Added
Ameritas Advisory Services, LLC5,079$553.8K0.03%+5,079New
Great Lakes Advisors, LLC5,134$559.8K0.03%−273−5.0%Reduced
Flputnam Investment Management Co5,173$564.0K0.02%+23+0.4%Added
Qube Research & Technologies Ltd5,302$578.1K0.00%+5,302New
Handelsbanken Fonder AB5,344$583.0K0.00%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd5,447$593.9K0.09%+5,447New
Ethic Inc.5,500$599.7K0.03%+547+11.0%Added
Intercontinental Wealth Advisors, LLC5,815$634.0K0.19%−289−4.7%Reduced
Columbia Trust Co 010120165,823$634.9K0.35%00.0%Unchanged
Davenport & Co LLC5,879$641.0K0.01%+10.0%Added
Janus Henderson Group PLC5,920$645.2K0.00%+5,920New
Planning Center, Inc.6,000$654.2K0.20%+6,000New
Mutual of America Capital Management LLC6,135$668.9K0.01%+312+5.4%Added
U.S. Capital Wealth Advisors, LLC6,154$671.0K0.03%00.0%Unchanged
Bank of Montreal5,733$678.5K0.00%−1,363−19.2%Reduced
Trexquant Investment LP6,230$679.3K0.02%+992+18.9%Added
Everence Capital Management Inc6,300$687.0K0.06%00.0%Unchanged
First Republic Investment Management, Inc.6,433$701.4K0.00%−1,123−14.9%Reduced
Carlson Capital Management6,522$711.1K0.05%00.0%Unchanged
Creative Planning6,531$712.0K0.00%+250+4.0%Added
Teton Advisors, Inc.6,800$741.4K0.19%−12,600−64.9%Reduced
Swedbank AB6,887$750.9K0.00%+232+3.5%Added
Duality Advisers, LP7,028$766.3K0.09%+7,028New
Mission Wealth Management, LP7,080$772.0K0.04%+188+2.7%Added
Susquehanna International Group, LLP7,126$776.9K0.00%−2,273−24.2%Reduced
ETF Managers Group, LLC7,165$781.2K0.04%+281+4.1%Added
HighTower Advisors, LLC7,168$786.0K0.00%+1,863+35.1%Added
APG Asset Management N.V.7,600$829.0K0.00%+7,600New
Ameritas Investment Partners, Inc.7,511$831.8K0.03%+505+7.2%Added
Commonwealth Equity Services, LLC7,716$841.0K0.00%−940−10.9%Reduced
Raymond James & Associates7,793$849.7K0.00%−302−3.7%Reduced
Jane Street Group, LLC8,223$896.6K0.00%+8,223New
Shell Asset Management Co8,231$897.0K0.04%00.0%Unchanged
Arizona State Retirement System8,258$900.4K0.01%+304+3.8%Added
Synovus Financial Corp8,318$906.9K0.01%−1,089−11.6%Reduced
Jackson Creek Investment Advisors LLC8,318$907.0K0.40%+8,318New
HSBC Holdings PLC8,360$910.2K0.00%+2,796+50.3%Added
JustInvest LLC8,350$910.4K0.04%+1,018+13.9%Added
AQR Capital Management LLC8,468$923.3K0.00%+56+0.7%Added
American Century Companies Inc8,596$937.2K0.00%+384+4.7%Added
Ensign Peak Advisors, Inc8,602$937.9K0.00%+800+10.3%Added
Van Eck Associates Corp8,745$953.0K0.00%+833+10.5%Added
Pathstone Family Office, LLC11,202$954.9K0.02%+2,412+27.4%Added
Teachers Retirement System of the State of Kentucky8,793$959.0K0.01%00.0%Unchanged
Aviva PLC8,841$963.9K0.00%−7,777−46.8%Reduced
Green Alpha Advisors, LLC9,099$992.0K0.82%−50−0.5%Reduced
Oregon Public Employees Retirement Fund9,739$1.06M0.01%+54+0.6%Added
SG Americas Securities, LLC9,810$1.07M0.02%−12,968−56.9%Reduced
Royce & Associates LP10,173$1.11M0.01%+4,684+85.3%Added
Squarepoint Ops LLC10,366$1.13M0.01%+1,027+11.0%Added
Graham Capital Management, L.P.10,408$1.13M0.04%−24,297−70.0%Reduced
Susquehanna Fundamental Investments, LLC10,502$1.15M0.02%−577−5.2%Reduced
Zions Bancorporation, N.A.10,623$1.16M0.09%+1,545+17.0%Added
Zacks Investment Management10,724$1.17M0.02%−745−6.5%Reduced
State Board of Administration of Florida Retirement System11,325$1.23M0.00%+172+1.5%Added
Manufacturers Life Insurance Company, The11,591$1.26M0.00%+102+0.9%Added
BNP Paribas Arbitrage, SA11,640$1.27M0.00%−12,734−52.2%Reduced
Maryland State Retirement & Pension System12,048$1.31M0.04%+79+0.7%Added
RMB Capital Management, LLC12,639$1.38M0.05%−1,838−12.7%Reduced
Russell Investments Group, Ltd.12,868$1.40M0.00%00.0%Unchanged
Redmond Asset Management, LLC12,882$1.40M0.50%−30−0.2%Reduced
Truist Financial Corp13,488$1.47M0.00%−260−1.9%Reduced
New York State Teachers Retirement System13,534$1.48M0.00%00.0%Unchanged
Louisiana State Employees Retirement System13,900$1.52M0.04%−100−0.7%Reduced
Amalgamated Bank14,343$1.56M0.01%−55−0.4%Reduced
Barclays PLC14,862$1.62M0.00%+6,909+86.9%Added
EAM Investors, LLC15,182$1.66M0.34%+15,182New
MetLife Investment Management15,260$1.66M0.01%−229−1.5%Reduced
SEI Investments Co15,505$1.69M0.00%+490+3.3%Added
Stifel Financial Corp15,613$1.70M0.00%+805+5.4%Added
American International Group, Inc.15,905$1.73M0.01%−127−0.8%Reduced
Millennium Management LLC15,949$1.74M0.00%+15,949New
ExodusPoint Capital Management, LP17,031$1.86M0.03%+14,178+497.0%Added
EAM Global Investors LLC17,494$1.91M0.49%+17,494New
Voya Investment Management LLC18,459$2.01M0.00%+974+5.6%Added