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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
Arizona State Retirement System8,346$1.20M0.01%+118+1.4%Added
Qube Research & Technologies Ltd8,468$1.22M0.00%+3,915+86.0%Added
ClariVest Asset Management LLC8,520$1.23M0.07%+8,520New
HighTower Advisors, LLC8,550$1.24M0.00%+804+10.4%Added
HRT Financial LP8,681$1.25M0.01%+4,162+92.1%Added
Oregon Public Employees Retirement Fund8,715$1.25M0.02%−436−4.8%Reduced
Advisor Group Holdings, Inc.8,891$1.28M0.00%−168−1.9%Reduced
Carlson Capital Management9,072$1.31M0.08%00.0%Unchanged
State Board of Administration of Florida Retirement System9,170$1.32M0.00%−640−6.5%Reduced
Teachers Retirement System of the State of Kentucky9,306$1.34M0.01%00.0%Unchanged
Tower View Investment Management & Research LLC9,380$1.35M0.95%+9,380New
Cim, LLC9,597$1.38M0.26%+98+1.0%Added
JustInvest LLC9,934$1.43M0.04%+183+1.9%Added
Ensign Peak Advisors, Inc10,052$1.45M0.00%00.0%Unchanged
Linden Thomas Advisory Services, LLC10,173$1.46M0.33%−10.0%Reduced
Robeco Institutional Asset Management B.V.10,234$1.47M0.00%00.0%Unchanged
Capital Fund Management S.A.10,610$1.53M0.02%+10,610New
Zions Bancorporation, N.A.10,670$1.54M0.13%+669+6.7%Added
AQR Capital Management LLC10,673$1.54M0.00%−348−3.2%Reduced
Maryland State Retirement & Pension System10,799$1.55M0.04%−622−5.4%Reduced
CI Private Wealth, LLC10,818$1.56M0.00%+6,048+126.8%Added
Cavalier Investments, LLC10,882$1.57M0.61%+384+3.7%Added
Raymond James & Associates10,898$1.57M0.00%−152−1.4%Reduced
Vontobel Holding Ltd.11,183$1.61M0.01%−1,351−10.8%Reduced
Hennion & Walsh Asset Management, Inc.11,195$1.61M0.10%+7,813+231.0%Added
Zacks Investment Management11,206$1.61M0.02%+251+2.3%Added
Martingale Asset Management L P11,340$1.63M0.03%+4,519+66.3%Added
Two Sigma Investments, LP11,354$1.63M0.00%+11,354New
New York State Teachers Retirement System12,534$1.80M0.00%−300−2.3%Reduced
Redmond Asset Management, LLC12,882$1.85M0.66%00.0%Unchanged
EAM Investors, LLC13,013$1.87M0.36%−1,542−10.6%Reduced
Van Eck Associates Corp13,084$1.88M0.00%+1,679+14.7%Added
Amalgamated Bank13,162$1.89M0.02%−219−1.6%Reduced
Citigroup Inc13,230$1.90M0.00%−13,585−50.7%Reduced
Gsa Capital Partners LLP13,303$1.91M0.16%+907+7.3%Added
Balyasny Asset Management LLC13,458$1.94M0.01%+13,458New
Truist Financial Corp13,476$1.94M0.00%+113+0.8%Added
Russell Investments Group, Ltd.14,023$2.03M0.00%−6,368−31.2%Reduced
Assenagon Asset Management S.A.14,076$2.03M0.01%−705−4.8%Reduced
BI Asset Management Fondsmaeglerselskab A/S14,192$2.04M0.05%−17,070−54.6%Reduced
Shell Asset Management Co14,552$2.09M0.09%−50.0%Reduced
TAP Consulting, LLC14,620$2.10M0.54%−4,168−22.2%Reduced
Johnson Financial Group, Inc.14,838$2.13M0.15%−4,000−21.2%Reduced
Yousif Capital Management, LLC14,844$2.14M0.03%−985−6.2%Reduced
Louisiana State Employees Retirement System14,900$2.14M0.05%−500−3.2%Reduced
RMB Capital Management, LLC15,062$2.17M0.07%+2,423+19.2%Added
Comerica Bank15,203$2.19M0.01%+4,593+43.3%Added
MetLife Investment Management15,438$2.22M0.02%00.0%Unchanged
California Public Employees Retirement System15,497$2.23M0.00%+15,497New
Manufacturers Life Insurance Company, The15,655$2.25M0.00%+3,827+32.4%Added
Monument Capital Management15,795$2.27M0.76%+830+5.5%Added
DekaBank Deutsche Girozentrale14,884$2.29M0.01%+14,403+2,994.4%Added
Barclays PLC16,104$2.32M0.00%−83−0.5%Reduced
American International Group, Inc.16,144$2.32M0.02%+344+2.2%Added
State of New Jersey Common Pension Fund D16,221$2.33M0.01%−1,382−7.9%Reduced
Franklin Resources Inc16,252$2.34M0.00%+145+0.9%Added
Liontrust Investment Partners LLP17,000$2.45M0.04%−11,000−39.3%Reduced
Illinois Municipal Retirement Fund17,140$2.47M0.05%+17,140New
LPL Financial LLC17,251$2.47M0.00%−2,641−13.3%Reduced
State of Alaska, Department of Revenue18,254$2.63M0.03%−1,036−5.4%Reduced
Old Second National Bank of Aurora18,501$2.66M0.81%−864−4.5%Reduced
New York State Common Retirement Fund18,602$2.68M0.00%+6,981+60.1%Added
Algert Global LLC19,059$2.74M0.13%−29,514−60.8%Reduced
Trexquant Investment LP19,222$2.77M0.07%+4,393+29.6%Added
State of Tennessee, Treasury Department19,270$2.77M0.01%−1,252−6.1%Reduced
Teacher Retirement System of Texas19,283$2.77M0.02%+1,059+5.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys19,601$2.82M0.02%−13,536−40.8%Reduced
Cardinal Capital Management19,606$2.82M0.57%+107+0.5%Added
Select Equity Group, L.P.19,804$2.85M0.01%−1,120−5.4%Reduced
Davy Global Fund Management Ltd20,765$2.99M0.61%+3,215+18.3%Added
XXEC, Inc.21,215$3.05M2.58%−445−2.1%Reduced
Voya Investment Management LLC21,924$3.15M0.00%+5,191+31.0%Added
The PNC Financial Services Group, Inc.22,369$3.22M0.00%−236−1.0%Reduced
Meiji Yasuda Asset Management Co Ltd.22,566$3.25M0.15%−828−3.5%Reduced
Texas Permanent School Fund24,899$3.58M0.03%−351−1.4%Reduced
Stifel Financial Corp25,307$3.64M0.01%+9,623+61.4%Added
Rathbone Brothers plc25,781$3.71M0.03%+303+1.2%Added
Thrivent Financial for Lutherans26,820$3.86M0.01%−1,224−4.4%Reduced
EAM Global Investors LLC27,254$3.92M1.06%−3,655−11.8%Reduced
Los Angeles Capital Management LLC27,613$3.97M0.02%+934+3.5%Added
Triasima Portfolio Management inc.27,825$4.00M0.37%00.0%Unchanged
TD Asset Management Inc28,400$4.09M0.00%−4,000−12.3%Reduced
Lisanti Capital Growth, LLC29,255$4.21M0.67%+29,255New
US Bancorp29,572$4.25M0.01%−2,357−7.4%Reduced
Northstar Asset Management Inc29,739$4.28M1.37%−900−2.9%Reduced
Dorsey & Whitney Trust CO LLC30,185$4.34M0.38%−463−1.5%Reduced
Great West Life Assurance Co30,268$4.35M0.01%+202+0.7%Added
Alps Advisors Inc31,616$4.55M0.04%+31,616New
Essex Investment Management Co LLC31,724$4.56M0.74%+416+1.3%Added
SG Americas Securities, LLC32,284$4.64M0.06%+31,533+4,198.8%Added
Bank of America Corp32,371$4.66M0.00%+12,563+63.4%Added
California State Teachers Retirement System32,420$4.66M0.01%−3,149−8.9%Reduced
Advisors Asset Management, Inc.33,028$4.75M0.10%−488−1.5%Reduced
Swiss Life Asset Management Ltd34,506$4.96M0.08%00.0%Unchanged
Janus Henderson Group PLC35,745$5.14M0.00%−1,567−4.2%Reduced
Public Sector Pension Investment Board36,236$5.21M0.04%−15,798−30.4%Reduced
Lord, Abbett & Co. LLC36,442$5.24M0.02%+3,442+10.4%Added
Wellington Management Group LLP36,713$5.28M0.00%−8,572−18.9%Reduced
Cerity Partners LLC36,795$5.29M0.03%+2,022+5.8%Added
Prudential Financial Inc37,644$5.42M0.01%−5,252−12.2%Reduced