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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 2023

Institutional positions in Badger Meter Inc as of Dec 31, 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
395
+27 vs. Q3 2023
Shares held
26.3M
+236.0K (+0.9%) vs. Q3 2023
Total value
$4.06B
+$299.0M (+7.9%) vs. Q3 2023
New holders
57
136 more added
Sold out
30
138 more reduced

6 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2023: 395 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 2023: $4.06B
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 2023

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q3 2023.

Institutions holding BMI in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.5,160,764$796.7M0.02%+22,334+0.4%Added
Vanguard Group Inc3,651,786$563.7M0.01%+37,517+1.0%Added
State Street Corp1,642,226$253.5M0.01%+39,832+2.5%Added
Invesco Ltd.810,829$125.2M0.03%−213,476−20.8%Reduced
Geode Capital Management, LLC702,749$108.5M0.01%+29,484+4.4%Added
Dimensional Fund Advisors LP694,134$107.2M0.03%−70,378−9.2%Reduced
Impax Asset Management Group plc679,588$104.4M0.42%−22,040−3.1%Reduced
JPMorgan Chase & Co668,839$103.2M0.01%−63,069−8.6%Reduced
Kayne Anderson Rudnick Investment Management LLC613,335$94.7M0.24%−15,923−2.5%Reduced
Goldman Sachs Group Inc397,614$61.4M0.01%+100,304+33.7%Added
Morgan Stanley396,598$61.2M0.01%+37,541+10.5%Added
Bank of New York Mellon Corp348,576$53.8M0.01%−14,667−4.0%Reduced
Northern Trust Corp342,925$52.9M0.01%−1,261−0.4%Reduced
UBS Asset Management Americas Inc329,841$50.2M0.02%+1,993+0.6%Added
KBC Group NV324,720$50.1M0.18%−435−0.1%Reduced
Norges Bank306,789$47.4M0.01%+8,569+2.9%Added
Charles Schwab Investment Management Inc288,004$44.5M0.01%+4,766+1.7%Added
Rockefeller Capital Management L.P.263,790$40.7M0.14%+10,505+4.1%Added
Allianz Asset Management GmbH254,870$39.3M0.07%+7,094+2.9%Added
Boston Trust Walden Corp251,383$38.8M0.29%+2,233+0.9%Added
Victory Capital Management Inc249,363$38.5M0.04%+15,703+6.7%Added
Congress Asset Management Co243,789$37.6M0.30%+24,067+11.0%Added
Nuveen Asset Management, LLC237,115$36.6M0.01%+7,948+3.5%Added
Mirae Asset Global Investments Co., Ltd.220,985$34.1M0.07%−3,823−1.7%Reduced
First Trust Advisors LP201,744$31.1M0.03%−7,648−3.7%Reduced
Royal Bank of Canada200,670$31.0M0.01%−8,450−4.0%Reduced
Amundi198,312$29.8M0.01%−830−0.4%Reduced
Belpointe Asset Management LLC179,130$27.7M2.43%00.0%Unchanged
Principal Financial Group Inc158,264$24.4M0.02%−2,730−1.7%Reduced
Storebrand Asset Management AS152,350$23.5M0.09%−13,393−8.1%Reduced
Mairs & Power Inc141,376$21.8M0.23%−4,314−3.0%Reduced
DekaBank Deutsche Girozentrale141,591$21.6M0.04%+126,707+851.3%Added
Legal & General Group Plc135,783$21.0M0.01%−850−0.6%Reduced
Rhumbline Advisers135,603$20.9M0.02%−4,220−3.0%Reduced
Driehaus Capital Management LLC131,639$20.3M0.24%−35,617−21.3%Reduced
Triodos Investment Management BV131,000$20.2M1.98%00.0%Unchanged
FMR LLC123,019$19.0M0.00%−6,506−5.0%Reduced
Gabelli Funds LLC111,100$17.2M0.13%00.0%Unchanged
Millennium Management LLC105,374$16.3M0.02%−84,897−44.6%Reduced
ProShare Advisors LLC102,329$15.8M0.05%+13,245+14.9%Added
Natixis Advisors, L.P.101,615$15.7M0.04%−2,779−2.7%Reduced
Gamco Investors, Inc. Et Al98,525$15.2M0.16%−3,000−3.0%Reduced
T. Rowe Price Investment Management, Inc.96,772$14.9M0.01%−13,841−12.5%Reduced
Ameriprise Financial Inc95,127$14.7M0.00%−19,978−17.4%Reduced
Rodgers Brothers Inc.91,140$14.1M2.22%−824−0.9%Reduced
Envestnet Asset Management Inc90,702$14.0M0.01%+2,870+3.3%Added
Duff & Phelps Investment Management Co90,500$14.0M0.17%00.0%Unchanged
Renaissance Technologies LLC87,000$13.4M0.02%+6,600+8.2%Added
Wells Fargo & Company84,259$13.0M0.00%+133+0.2%Added
Man Group plc80,867$12.5M0.04%––
Credit Suisse AG79,618$12.3M0.01%+11,505+16.9%Added
UBS Group AG79,280$12.2M0.00%+16,849+27.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)77,553$12.0M0.05%−8,624−10.0%Reduced
Arrowstreet Capital, Limited Partnership77,411$11.9M0.01%+26,593+52.3%Added
EULAV Asset Management76,100$11.7M0.36%+18,300+31.7%Added
Montanaro Asset Management Ltd69,000$10.7M2.00%−44,000−38.9%Reduced
Acadian Asset Management LLC67,354$10.4M0.04%−4,310−6.0%Reduced
Eagle Asset Management Inc67,113$10.4M0.06%+67,113New
Great Lakes Advisors, LLC66,440$10.3M0.10%−738−1.1%Reduced
Price T Rowe Associates Inc61,667$9.52M0.00%+1,823+3.0%Added
Assenagon Asset Management S.A.61,000$9.42M0.03%+46,924+333.4%Added
Public Sector Pension Investment Board60,901$9.40M0.07%+24,665+68.1%Added
First Personal Financial Services60,613$9.36M2.28%−514−0.8%Reduced
AXA S.A.60,249$9.30M0.03%−951−1.6%Reduced
Tudor Investment Corp Et Al60,221$9.30M0.13%+10,979+22.3%Added
Swiss National Bank57,800$8.92M0.01%−6,700−10.4%Reduced
Deutsche Bank AG54,214$8.37M0.00%−1,055−1.9%Reduced
D. E. Shaw & Co., Inc.51,306$7.92M0.01%−1,419−2.7%Reduced
Barclays PLC50,711$7.83M0.00%+34,607+214.9%Added
Segall Bryant & Hamill, LLC49,774$7.68M0.15%−21,580−30.2%Reduced
Candriam Luxembourg S.C.A.48,087$7.42M0.05%+6,833+16.6%Added
Skandinaviska Enskilda Banken AB (publ)46,423$7.17M0.04%−5,717−11.0%Reduced
Cerity Partners LLC45,574$7.04M0.02%+8,779+23.9%Added
Congress Wealth Management LLC45,257$6.99M0.13%+2,742+6.4%Added
Jane Street Group, LLC42,158$6.51M0.01%+36,810+688.3%Added
Alliancebernstein L.P.41,577$6.42M0.00%+440+1.1%Added
UniSuper Management Pty Ltd40,745$6.29M0.07%−37,868−48.2%Reduced
Qube Research & Technologies Ltd40,700$6.28M0.01%+32,232+380.6%Added
Cubist Systematic Strategies, LLC40,258$6.21M0.08%−16,081−28.5%Reduced
Citadel Advisors LLC40,045$6.18M0.01%+40,019+153,919.2%Added
Janus Henderson Group PLC39,577$6.11M0.00%+3,832+10.7%Added
RMB Capital Management, LLC38,231$5.90M0.18%+23,169+153.8%Added
Wellington Management Group LLP38,017$5.87M0.00%+1,304+3.6%Added
Bank of America Corp37,989$5.86M0.00%+5,618+17.4%Added
Swiss Life Asset Management Ltd37,907$5.86M0.07%+3,401+9.9%Added
Prudential Financial Inc37,018$5.71M0.01%−626−1.7%Reduced
Alps Advisors Inc36,333$5.61M0.04%+4,717+14.9%Added
Advisors Asset Management, Inc.33,999$5.25M0.11%+971+2.9%Added
BNP Paribas Arbitrage, SA32,836$5.07M0.01%−9,650−22.7%Reduced
California State Teachers Retirement System30,961$4.78M0.01%−1,459−4.5%Reduced
US Bancorp30,681$4.74M0.01%+1,109+3.8%Added
SEI Investments Co30,630$4.73M0.01%−8,109−20.9%Reduced
Great West Life Assurance Co30,436$4.69M0.01%+168+0.6%Added
Dorsey & Whitney Trust CO LLC29,995$4.63M0.36%−190−0.6%Reduced
Northstar Asset Management Inc29,579$4.57M1.32%−160−0.5%Reduced
Edgestream Partners, L.P.28,994$4.48M0.32%+23,631+440.6%Added
Essex Investment Management Co LLC28,603$4.42M0.87%−3,121−9.8%Reduced
Davy Global Fund Management Ltd28,581$4.41M0.52%+7,816+37.6%Added
New York State Common Retirement Fund28,121$4.34M0.01%+9,519+51.2%Added
California Public Employees Retirement System27,881$4.30M0.00%+12,384+79.9%Added