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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 483 | $4.86B |
| Q1 2026 | 477 | $4.63B |
| Q4 2025 | 490 | $5.17B |
| Q3 2025 | 480 | $5.06B |
| Q2 2025 | 536 | $6.92B |
| Q1 2025 | 497 | $5.33B |
| Q4 2024 | 490 | $5.72B |
| Q3 2024 | 477 | $5.75B |
| Q2 2024 | 451 | $4.90B |
| Q1 2024 | 415 | $4.25B |
| Q4 2023 | 395 | $4.06B |
| Q3 2023 | 374 | $3.77B |
| Q2 2023 | 355 | $3.82B |
| Q1 2023 | 324 | $3.13B |
| Q4 2022 | 310 | $2.74B |
| Q3 2022 | 281 | $2.37B |
| Q2 2022 | 272 | $2.07B |
| Q1 2022 | 286 | $2.53B |
| Q4 2021 | 273 | $3.05B |
| Q3 2021 | 257 | $2.56B |
| Q2 2021 | 249 | $2.48B |
| Q1 2021 | 263 | $2.36B |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Davenport & Co LLC | 5,977 | $922.7K | 0.01% | −300−4.8% | Reduced |
| Teton Advisors, Inc. | 6,000 | $926.2K | 0.30% | −500−7.7% | Reduced |
| JustInvest LLC | 6,110 | $943.2K | 0.02% | −3,824−38.5% | Reduced |
| Exchange Traded Concepts, LLC | 6,200 | $957.1K | 0.03% | −198−3.1% | Reduced |
| Everence Capital Management Inc | 6,300 | $973.0K | 0.07% | 00.0% | Unchanged |
| American Century Companies Inc | 6,313 | $974.5K | 0.00% | +10.0% | Added |
| Jackson Creek Investment Advisors LLC | 6,330 | $977.0K | 0.38% | −256−3.9% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,333 | $977.6K | 0.01% | −13,268−67.7% | Reduced |
| Pathstone Holdings, LLC | 6,381 | $984.8K | 0.01% | +6,381 | New |
| ClariVest Asset Management LLC | 6,419 | $990.9K | 0.05% | −2,101−24.7% | Reduced |
| Handelsbanken Fonder AB | 6,499 | $1.00M | 0.00% | +1,155+21.6% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 6,900 | $1.07M | 0.00% | 00.0% | Unchanged |
| Quadrature Capital Ltd | 6,923 | $1.07M | 0.02% | +6,923 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 6,992 | $1.08M | 0.00% | +4,984+248.2% | Added |
| Vestcor Inc | 7,571 | $1.17M | 0.04% | +2,207+41.1% | Added |
| Semanteon Capital Management, LP | 7,745 | $1.20M | 0.81% | +7,745 | New |
| AQR Capital Management LLC | 7,777 | $1.20M | 0.00% | −2,896−27.1% | Reduced |
| Campbell & CO Investment Adviser LLC | 7,827 | $1.21M | 0.11% | +6,347+428.9% | Added |
| Advisor Group Holdings, Inc. | 8,031 | $1.24M | 0.00% | −860−9.7% | Reduced |
| Commonwealth Equity Services, LLC | 8,193 | $1.26M | 0.00% | +2,703+49.2% | Added |
| Arizona State Retirement System | 8,196 | $1.27M | 0.01% | −150−1.8% | Reduced |
| Swedbank AB | 8,422 | $1.30M | 0.00% | +1,083+14.8% | Added |
| HighTower Advisors, LLC | 8,562 | $1.31M | 0.00% | +12+0.1% | Added |
| Oregon Public Employees Retirement Fund | 8,615 | $1.33M | 0.02% | −100−1.1% | Reduced |
| State Board of Administration of Florida Retirement System | 8,652 | $1.34M | 0.00% | −518−5.6% | Reduced |
| Creative Planning | 8,880 | $1.37M | 0.00% | +647+7.9% | Added |
| Trexquant Investment LP | 8,978 | $1.39M | 0.03% | −10,244−53.3% | Reduced |
| Carlson Capital Management | 9,072 | $1.40M | 0.07% | 00.0% | Unchanged |
| STRS Ohio | 9,200 | $1.42M | 0.01% | +2,100+29.6% | Added |
| TownSquare Capital, LLC | 9,283 | $1.43M | 0.02% | +2,191+30.9% | Added |
| Teachers Retirement System of the State of Kentucky | 9,306 | $1.44M | 0.01% | 00.0% | Unchanged |
| Zions Bancorporation, N.A. | 9,371 | $1.45M | 0.10% | −1,299−12.2% | Reduced |
| Raymond James & Associates | 9,858 | $1.52M | 0.00% | −1,040−9.5% | Reduced |
| Liontrust Investment Partners LLP | 10,000 | $1.54M | 0.02% | −7,000−41.2% | Reduced |
| Linden Thomas Advisory Services, LLC | 10,038 | $1.55M | 0.29% | −135−1.3% | Reduced |
| Cim, LLC | 9,932 | $1.55M | 0.24% | +335+3.5% | Added |
| Johnson Financial Group, Inc. | 10,200 | $1.57M | 0.09% | −4,638−31.3% | Reduced |
| Ensign Peak Advisors, Inc | 10,502 | $1.62M | 0.00% | +450+4.5% | Added |
| Maryland State Retirement & Pension System | 10,666 | $1.65M | 0.03% | −133−1.2% | Reduced |
| Zacks Investment Management | 10,789 | $1.67M | 0.02% | −417−3.7% | Reduced |
| Bridge City Capital, LLC | 11,000 | $1.70M | 0.66% | +11,000 | New |
| Cavalier Investments, LLC | 11,146 | $1.72M | 0.63% | +264+2.4% | Added |
| Martingale Asset Management L P | 11,340 | $1.75M | 0.04% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 11,535 | $1.78M | 0.00% | +717+6.6% | Added |
| Redmond Asset Management, LLC | 11,830 | $1.83M | 0.59% | −1,052−8.2% | Reduced |
| Vontobel Holding Ltd. | 11,857 | $1.83M | 0.02% | +674+6.0% | Added |
| Robeco Institutional Asset Management B.V. | 12,180 | $1.88M | 0.00% | +1,946+19.0% | Added |
| Tower Research Capital LLC (TRC) | 12,298 | $1.90M | 0.02% | +10,521+592.1% | Added |
| Triasima Portfolio Management inc. | 12,425 | $1.92M | 0.16% | −15,400−55.3% | Reduced |
| New York State Teachers Retirement System | 12,434 | $1.92M | 0.00% | −100−0.8% | Reduced |
| Amalgamated Bank | 12,681 | $1.96M | 0.02% | −481−3.7% | Reduced |
| Truist Financial Corp | 13,320 | $2.06M | 0.00% | −156−1.2% | Reduced |
| Susquehanna International Group, LLP | 13,365 | $2.06M | 0.00% | +6,425+92.6% | Added |
| LPL Financial LLC | 13,507 | $2.09M | 0.00% | −3,744−21.7% | Reduced |
| Shell Asset Management Co | 13,754 | $2.12M | 0.10% | −798−5.5% | Reduced |
| Teacher Retirement System of Texas | 13,970 | $2.16M | 0.01% | −5,313−27.6% | Reduced |
| State of Wisconsin Investment Board | 14,180 | $2.19M | 0.01% | +10,390+274.1% | Added |
| Two Sigma Investments, LP | 14,313 | $2.21M | 0.01% | +2,959+26.1% | Added |
| TAP Consulting, LLC | 14,484 | $2.24M | 0.53% | −136−0.9% | Reduced |
| Louisiana State Employees Retirement System | 14,700 | $2.27M | 0.05% | −200−1.3% | Reduced |
| Yousif Capital Management, LLC | 14,822 | $2.29M | 0.03% | −22−0.1% | Reduced |
| Tower View Investment Management & Research LLC | 14,851 | $2.29M | 1.42% | +5,471+58.3% | Added |
| Van Eck Associates Corp | 15,244 | $2.35M | 0.00% | +2,160+16.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 15,246 | $2.35M | 0.13% | +4,051+36.2% | Added |
| Comerica Bank | 15,360 | $2.37M | 0.01% | +157+1.0% | Added |
| MetLife Investment Management | 15,438 | $2.38M | 0.02% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 15,490 | $2.39M | 0.00% | −165−1.1% | Reduced |
| Monument Capital Management | 15,575 | $2.40M | 0.77% | −220−1.4% | Reduced |
| SG Americas Securities, LLC | 15,908 | $2.46M | 0.03% | −16,376−50.7% | Reduced |
| Stifel Financial Corp | 16,010 | $2.47M | 0.00% | −9,297−36.7% | Reduced |
| American International Group, Inc. | 16,012 | $2.47M | 0.01% | −132−0.8% | Reduced |
| Franklin Resources Inc | 16,204 | $2.50M | 0.00% | −48−0.3% | Reduced |
| State of New Jersey Common Pension Fund D | 16,221 | $2.50M | 0.01% | 00.0% | Unchanged |
| Jump Financial, LLC | 16,233 | $2.51M | 0.08% | +16,233 | New |
| Illinois Municipal Retirement Fund | 16,806 | $2.59M | 0.04% | −334−1.9% | Reduced |
| Select Equity Group, L.P. | 17,428 | $2.69M | 0.01% | −2,376−12.0% | Reduced |
| State of Alaska, Department of Revenue | 18,094 | $2.79M | 0.03% | −160−0.9% | Reduced |
| Old Second National Bank of Aurora | 18,143 | $2.80M | 0.77% | −358−1.9% | Reduced |
| Capital Fund Management S.A. | 18,680 | $2.88M | 0.04% | +8,070+76.1% | Added |
| State of Tennessee, Treasury Department | 18,909 | $2.92M | 0.01% | −361−1.9% | Reduced |
| Algert Global LLC | 19,059 | $2.94M | 0.12% | 00.0% | Unchanged |
| Citigroup Inc | 19,074 | $2.94M | 0.00% | +5,844+44.2% | Added |
| Cardinal Capital Management | 19,564 | $3.02M | 0.57% | −42−0.2% | Reduced |
| XXEC, Inc. | 20,667 | $3.19M | 2.51% | −548−2.6% | Reduced |
| Farrow Financial Inc. | 21,566 | $3.33M | 2.51% | +21,566 | New |
| The PNC Financial Services Group, Inc. | 22,516 | $3.48M | 0.00% | +147+0.7% | Added |
| Bank of Montreal | 22,343 | $3.49M | 0.00% | +15,646+233.6% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 22,794 | $3.52M | 0.16% | +228+1.0% | Added |
| Rathbone Brothers plc | 23,790 | $3.67M | 0.02% | −1,991−7.7% | Reduced |
| Voya Investment Management LLC | 23,943 | $3.70M | 0.00% | +2,019+9.2% | Added |
| TD Asset Management Inc | 24,200 | $3.74M | 0.00% | −4,200−14.8% | Reduced |
| Los Angeles Capital Management LLC | 24,872 | $3.84M | 0.01% | −2,741−9.9% | Reduced |
| Texas Permanent School Fund | 25,351 | $3.91M | 0.03% | +452+1.8% | Added |
| Thrivent Financial for Lutherans | 26,150 | $4.04M | 0.01% | −670−2.5% | Reduced |
| Russell Investments Group, Ltd. | 26,362 | $4.07M | 0.01% | +12,339+88.0% | Added |
| California Public Employees Retirement System | 27,881 | $4.30M | 0.00% | +12,384+79.9% | Added |
| New York State Common Retirement Fund | 28,121 | $4.34M | 0.01% | +9,519+51.2% | Added |
| Davy Global Fund Management Ltd | 28,581 | $4.41M | 0.52% | +7,816+37.6% | Added |
| Essex Investment Management Co LLC | 28,603 | $4.42M | 0.87% | −3,121−9.8% | Reduced |
| Edgestream Partners, L.P. | 28,994 | $4.48M | 0.32% | +23,631+440.6% | Added |