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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
Capstone Investment Advisors, LLC1,504$232.2K0.00%−1,084−41.9%Reduced
Steward Partners Investment Advisory, LLC1,508$232.8K0.00%−100−6.2%Reduced
Aigen Investment Management, LP1,525$235.4K0.04%+1,525New
Transcendent Capital Group LLC1,526$235.6K0.16%+1,526New
Glen Eagle Advisors, LLC1,538$237.5K0.05%+75+5.1%Added
MQS Management LLC1,555$240.0K0.13%+1,555New
O'Dell Group, LLC1,562$241.1K0.06%00.0%Unchanged
Veriti Management LLC1,589$245.3K0.02%+134+9.2%Added
nVerses Capital, LLC–$247.0K0.69%–New
Lowe Wealth Advisors, LLC1,600$247.0K0.12%00.0%Unchanged
Contravisory Investment Management, Inc.1,603$247.5K0.06%+81+5.3%Added
Northside Capital Management, LLC1,650$254.7K0.08%00.0%Unchanged
MML Investors Services, LLC1,671$258.0K0.00%+115+7.4%Added
Mercer Global Advisors Inc1,675$259.0K0.00%−15−0.9%Reduced
Metropolitan Life Insurance Co1,693$261.3K0.01%00.0%Unchanged
DFPG Investments, LLC1,738$264.3K0.02%−11−0.6%Reduced
Profund Advisors LLC1,756$271.1K0.01%+104+6.3%Added
Phoenix Holdings Ltd.1,770$274.6K0.00%−118−6.3%Reduced
Xponance, Inc.1,789$276.2K0.00%+54+3.1%Added
Envestnet Portfolio Solutions, Inc.1,796$277.3K0.00%+94+5.5%Added
Rock Point Advisors, LLC1,800$277.9K0.08%00.0%Unchanged
Two Sigma Advisers, LP1,800$277.9K0.00%+1,800New
Mackenzie Financial Corp1,805$278.6K0.00%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC1,919$296.2K0.01%+1,919New
Great Lakes Retirement, Inc.1,985$306.4K0.05%−2−0.1%Reduced
Sequoia Financial Advisors, LLC1,986$306.6K0.00%−48−2.4%Reduced
Fruth Investment Management2,000$308.0K0.09%00.0%Unchanged
Atria Wealth Solutions, Inc.2,007$309.8K0.00%+9+0.5%Added
Shelton Capital Management2,031$313.5K0.01%00.0%Unchanged
PFG Investments, LLC2,069$319.3K0.06%+3+0.1%Added
National Bank of Canada2,087$326.2K0.00%+9+0.4%Added
Vident Advisory, LLC2,153$332.4K0.01%+158+7.9%Added
Cambridge Investment Research Advisors, Inc.2,257$348.0K0.00%+177+8.5%Added
Argus Investors' Counsel, Inc.2,292$353.8K0.23%+54+2.4%Added
Two Sigma Securities, LLC2,294$354.1K0.02%+2,294New
Aquatic Capital Management LLC2,300$355.0K0.01%+1,300+130.0%Added
Janney Montgomery Scott LLC2,321$358.0K0.00%−402−14.8%Reduced
Buckingham Strategic Wealth, LLC2,326$359.0K0.00%+331+16.6%Added
Cresset Asset Management, LLC2,363$364.8K0.00%+33+1.4%Added
Midwest Professional Planners, LTD.2,368$365.5K0.15%00.0%Unchanged
Entropy Technologies, LP2,377$366.9K0.07%+2,377New
KLR Investment Advisors, LLC2,424$374.2K0.27%−117−4.6%Reduced
Evergreen Capital Management LLC2,505$386.7K0.02%−97−3.7%Reduced
Arjuna Capital2,524$389.6K0.12%+252+11.1%Added
Y-Intercept (Hong Kong) Ltd2,538$391.8K0.04%−4,578−64.3%Reduced
Dynamic Technology Lab Private Ltd2,591$400.0K0.04%+841+48.1%Added
Toroso Investments, LLC2,617$404.0K0.01%+605+30.1%Added
Nebula Research & Development LLC2,619$404.3K0.12%+2,619New
Chevy Chase Trust Holdings, Inc.2,629$405.8K0.00%00.0%Unchanged
Mirova2,638$407.2K0.08%+2,638New
Captrust Financial Advisors2,641$407.7K0.00%+721+37.6%Added
HSBC Holdings PLC2,713$419.7K0.00%+704+35.0%Added
Federated Hermes, Inc.2,742$423.3K0.00%−117−4.1%Reduced
Fox Run Management, L.L.C.2,774$428.2K0.11%+2,774New
Ellenbecker Investment Group2,790$430.0K0.10%+4+0.1%Added
Aureus Asset Management, LLC2,803$432.7K0.03%00.0%Unchanged
Marshall Wace, LLP2,812$434.1K0.00%+2,812New
CWM Advisors, LLC2,852$440.3K0.05%−3,779−57.0%Reduced
Point72 Asset Management, L.P.2,900$447.7K0.00%−916−24.0%Reduced
Cipher Capital LP2,935$453.1K0.15%+1,161+65.4%Added
Wealth Enhancement Advisory Services, LLC2,966$457.9K0.00%+16+0.5%Added
Graham Capital Management, L.P.3,027$467.3K0.01%−1,428−32.1%Reduced
Ethic Inc.3,035$468.5K0.01%−947−23.8%Reduced
Synovus Financial Corp3,098$478.2K0.01%−1,386−30.9%Reduced
BI Asset Management Fondsmaeglerselskab A/S3,183$491.0K0.01%−11,009−77.6%Reduced
PPS&V Asset Management Consultants, Inc.3,200$494.0K0.38%00.0%Unchanged
Schonfeld Strategic Advisors LLC3,300$509.4K0.00%+3,300New
Bailard, Inc.3,344$516.2K0.02%+420+14.4%Added
Legato Capital Management LLC3,358$518.4K0.07%+503+17.6%Added
River Street Advisors LLC3,363$519.1K0.41%−85−2.5%Reduced
Crossmark Global Holdings, Inc.3,469$536.0K0.01%−57−1.6%Reduced
O'Shaughnessy Asset Management, LLC3,553$548.5K0.01%−296−7.7%Reduced
Asset Management One Co.,Ltd.3,557$552.4K0.00%+3,314+1,363.8%Added
Pictet Asset Management Holding SA3,608$557.0K0.00%+219+6.5%Added
Cetera Advisor Networks LLC3,639$561.7K0.00%+394+12.1%Added
Tortoise Capital Advisors, L.L.C.3,894$601.1K0.01%−1,633−29.5%Reduced
Trust Point Inc.3,912$603.9K0.05%+3,912New
CIBC World Markets Inc.3,941$608.0K0.00%+62+1.6%Added
Mitsubishi UFJ Asset Management (UK) Ltd.4,000$617.0K0.34%+2,000+100.0%Added
Public Employees Retirement Association of Colorado4,061$627.0K0.00%−436−9.7%Reduced
Aviva PLC4,102$633.2K0.00%+353+9.4%Added
Ameritas Investment Partners, Inc.4,182$645.6K0.02%+42+1.0%Added
Lazard Asset Management LLC4,605$710.0K0.00%−1,051−18.6%Reduced
Quantbot Technologies LP4,630$714.7K0.04%+1,690+57.5%Added
Gotham Asset Management, LLC4,637$715.8K0.01%+1,715+58.7%Added
Nelson, Van Denburg & Campbell Wealth Management Group, LLC4,664$720.0K0.04%00.0%Unchanged
Seven Eight Capital, LP4,730$730.2K0.08%+4,730New
Mariner, LLC4,944$763.1K0.00%−12−0.2%Reduced
Quest Partners LLC4,980$768.8K0.16%+4,980New
Balyasny Asset Management LLC5,063$781.6K0.00%−8,395−62.4%Reduced
Mutual of America Capital Management LLC5,137$793.0K0.01%−20.0%Reduced
Columbia Trust Co 010120165,218$805.5K0.36%−407−7.2%Reduced
Flputnam Investment Management Co5,271$813.7K0.02%00.0%Unchanged
Point72 Middle East FZE5,381$830.7K0.06%+5,381New
Chesapeake Capital Corp5,409$835.0K0.61%+5,409New
Engineers Gate Manager LP5,518$851.8K0.02%+2,415+77.8%Added
Tortoise Index Solutions, LLC5,818$898.1K0.17%−205−3.4%Reduced
Marietta Investment Partners LLC5,856$904.0K0.23%+2,481+73.5%Added
Mission Wealth Management, LP5,872$906.5K0.03%+379+6.9%Added
U.S. Capital Wealth Advisors, LLC5,954$919.2K0.04%−200−3.2%Reduced