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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, Q3 2023

Institutional positions in Badger Meter Inc as of Sep 30, 2023. 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
374
+23 vs. Q2 2023
Shares held
26.2M
+211.3K (+0.8%) vs. Q2 2023
Total value
$3.77B
−$47.1M (−1.2%) vs. Q2 2023
New holders
52
125 more added
Sold out
29
130 more reduced

4 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: 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 holdersQ3 2023: 374 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 heldQ3 2023: $3.77B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q2 2023.

Institutions holding BMI in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Xponance, Inc.1,735$249.6K0.00%+6+0.3%Added
Dynamic Technology Lab Private Ltd1,750$252.0K0.03%−1,877−51.8%Reduced
Cipher Capital LP1,774$255.2K0.18%+1,774New
Tower Research Capital LLC (TRC)1,777$255.7K0.01%+220+14.1%Added
Mackenzie Financial Corp1,805$256.9K0.00%−14−0.8%Reduced
Rock Point Advisors, LLC1,800$259.0K0.09%00.0%Unchanged
XTX Topco Ltd1,877$270.0K0.05%+72+4.0%Added
Virginia Retirement Systems Et Al1,900$273.4K0.00%−2,800−59.6%Reduced
Captrust Financial Advisors1,920$276.2K0.00%+53+2.8%Added
Great Lakes Retirement, Inc.1,987$285.9K0.05%+1,987New
Fruth Investment Management2,000$287.0K0.09%00.0%Unchanged
Vident Advisory, LLC1,995$287.0K0.01%+1,995New
Buckingham Strategic Wealth, LLC1,995$287.0K0.00%+306+18.1%Added
Atria Wealth Solutions, Inc.1,998$287.5K0.00%+251+14.4%Added
HSBC Holdings PLC2,009$287.7K0.00%−904−31.0%Reduced
Mitsubishi UFJ Asset Management (UK) Ltd.2,000$288.0K0.20%−2,000−50.0%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main2,008$288.9K0.00%+505+33.6%Added
Toroso Investments, LLC2,012$289.5K0.01%+2,012New
Teza Capital Management LLC2,017$290.2K0.05%+2,017New
Shelton Capital Management2,031$292.2K0.01%−163−7.4%Reduced
Sequoia Financial Advisors, LLC2,034$292.6K0.01%+108+5.6%Added
Phoenix Holdings Ltd.1,888$295.0K0.01%+1,888New
National Bank of Canada2,078$296.6K0.00%−40−1.9%Reduced
PFG Investments, LLC2,066$297.3K0.06%+2+0.1%Added
Cambridge Investment Research Advisors, Inc.2,080$299.0K0.00%+110+5.6%Added
KLR Investment Advisors, LLC2,541$309.5K0.28%+60+2.4%Added
Argus Investors' Counsel, Inc.2,238$322.0K0.23%+2,238New
Arjuna Capital2,272$326.9K0.12%+98+4.5%Added
Cresset Asset Management, LLC2,330$335.3K0.00%+3+0.1%Added
Midwest Professional Planners, LTD.2,368$340.7K0.15%00.0%Unchanged
Squarepoint Ops LLC2,506$360.5K0.00%−2,305−47.9%Reduced
Versor Investments LP2,533$364.4K0.07%+2,533New
Prospera Financial Services Inc2,541$365.6K0.01%+144+6.0%Added
Capstone Investment Advisors, LLC2,588$372.3K0.01%+312+13.7%Added
Evergreen Capital Management LLC2,602$374.4K0.02%+49+1.9%Added
Chevy Chase Trust Holdings, Inc.2,629$378.2K0.00%00.0%Unchanged
Janney Montgomery Scott LLC2,723$392.0K0.00%00.0%Unchanged
Ellenbecker Investment Group2,786$400.0K0.10%00.0%Unchanged
Aureus Asset Management, LLC2,803$403.3K0.03%+2,803New
Legato Capital Management LLC2,855$410.7K0.06%+2,855New
Federated Hermes, Inc.2,859$411.3K0.00%+2,859New
Gotham Asset Management, LLC2,922$420.4K0.01%+55+1.9%Added
Bailard, Inc.2,924$420.7K0.01%+664+29.4%Added
Quantbot Technologies LP2,940$423.0K0.03%+2,940New
Wealth Enhancement Advisory Services, LLC2,950$424.4K0.00%+2,950New
Tilt Investment Management Holdings, PBC3,066$441.1K0.31%+727+31.1%Added
Engineers Gate Manager LP3,103$446.4K0.02%−664−17.6%Reduced
Green Alpha Advisors, LLC3,155$453.9K0.35%−5,317−62.8%Reduced
PPS&V Asset Management Consultants, Inc.3,200$460.4K0.40%00.0%Unchanged
Advisor Partners II, LLC3,237$465.6K0.02%+134+4.3%Added
Cetera Advisor Networks LLC3,245$466.9K0.00%+67+2.1%Added
Marietta Investment Partners LLC3,375$485.6K0.14%+390+13.1%Added
Pictet Asset Management Holding SA3,389$487.6K0.00%+3,389New
River Street Advisors LLC3,448$496.0K0.47%+165+5.0%Added
Crossmark Global Holdings, Inc.3,526$505.0K0.01%−234−6.2%Reduced
Aviva PLC3,749$539.4K0.00%−5,992−61.5%Reduced
State of Wisconsin Investment Board3,790$545.3K0.00%−1,825−32.5%Reduced
Point72 Asset Management, L.P.3,816$549.0K0.00%+3,512+1,155.3%Added
Dark Forest Capital Management LP3,839$552.3K0.05%−1,401−26.7%Reduced
O'Shaughnessy Asset Management, LLC3,849$553.8K0.01%+876+29.5%Added
CIBC World Markets Inc.3,879$558.0K0.00%+3,879New
Ethic Inc.3,982$572.9K0.02%−1,553−28.1%Reduced
Agf Management Ltd4,066$585.0K0.00%+4,066New
First Republic Investment Management, Inc.4,073$586.0K0.00%−199−4.7%Reduced
Ameritas Investment Partners, Inc.4,140$595.6K0.02%+494+13.5%Added
Graham Capital Management, L.P.4,455$640.9K0.02%+4,455New
Synovus Financial Corp4,484$645.1K0.01%−1,167−20.7%Reduced
Public Employees Retirement Association of Colorado4,497$647.0K0.00%−398−8.1%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC4,664$671.0K0.05%00.0%Unchanged
Mariner, LLC4,956$713.1K0.00%+88+1.8%Added
ExodusPoint Capital Management, LP5,082$731.0K0.01%+5,082New
Mutual of America Capital Management LLC5,139$739.3K0.01%−587−10.3%Reduced
Flputnam Investment Management Co5,271$758.3K0.02%00.0%Unchanged
Handelsbanken Fonder AB5,344$769.0K0.00%00.0%Unchanged
Jane Street Group, LLC5,348$769.4K0.00%−7,528−58.5%Reduced
Edgestream Partners, L.P.5,363$771.6K0.06%+3,152+142.6%Added
Vestcor Inc5,364$772.0K0.03%00.0%Unchanged
Commonwealth Equity Services, LLC5,490$790.0K0.00%−1,096−16.6%Reduced
Mission Wealth Management, LP5,493$790.3K0.03%+61+1.1%Added
Tortoise Capital Advisors, L.L.C.5,527$795.2K0.01%00.0%Unchanged
Columbia Trust Co 010120165,625$809.3K0.47%00.0%Unchanged
Lazard Asset Management LLC5,656$813.0K0.00%+2,769+95.9%Added
Tortoise Index Solutions, LLC6,023$866.5K0.18%−177−2.9%Reduced
U.S. Capital Wealth Advisors, LLC6,154$885.4K0.04%00.0%Unchanged
Davenport & Co LLC6,277$903.1K0.01%+128+2.1%Added
Everence Capital Management Inc6,300$906.0K0.07%00.0%Unchanged
American Century Companies Inc6,312$908.1K0.00%−524−7.7%Reduced
Exchange Traded Concepts, LLC6,398$920.5K0.03%−154−2.4%Reduced
Teton Advisors, Inc.6,500$935.2K0.29%−300−4.4%Reduced
Pathstone Family Office, LLC6,559$943.5K0.01%−879−11.8%Reduced
Jackson Creek Investment Advisors LLC6,586$948.0K0.40%−6−0.1%Reduced
CWM Advisors, LLC6,631$954.0K0.12%+4,069+158.8%Added
Healthcare of Ontario Pension Plan Trust Fund6,900$992.7K0.00%+6,900New
Susquehanna International Group, LLP6,940$998.5K0.00%−11,797−63.0%Reduced
TownSquare Capital, LLC7,092$1.02M0.02%+632+9.8%Added
STRS Ohio7,100$1.02M0.00%−2,400−25.3%Reduced
Y-Intercept (Hong Kong) Ltd7,116$1.02M0.10%+2,990+72.5%Added
Swedbank AB7,339$1.06M0.00%+452+6.6%Added
Bank of Montreal6,697$1.08M0.00%−109−1.6%Reduced
Creative Planning8,233$1.18M0.00%+515+6.7%Added