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 |
|---|---|---|---|---|---|
| Russell Investments Group, Ltd. | 26,362 | $4.07M | 0.01% | +12,339+88.0% | Added |
| Thrivent Financial for Lutherans | 26,150 | $4.04M | 0.01% | −670−2.5% | Reduced |
| Texas Permanent School Fund | 25,351 | $3.91M | 0.03% | +452+1.8% | Added |
| Los Angeles Capital Management LLC | 24,872 | $3.84M | 0.01% | −2,741−9.9% | Reduced |
| TD Asset Management Inc | 24,200 | $3.74M | 0.00% | −4,200−14.8% | Reduced |
| Voya Investment Management LLC | 23,943 | $3.70M | 0.00% | +2,019+9.2% | Added |
| Rathbone Brothers plc | 23,790 | $3.67M | 0.02% | −1,991−7.7% | Reduced |
| Meiji Yasuda Asset Management Co Ltd. | 22,794 | $3.52M | 0.16% | +228+1.0% | Added |
| Bank of Montreal | 22,343 | $3.49M | 0.00% | +15,646+233.6% | Added |
| The PNC Financial Services Group, Inc. | 22,516 | $3.48M | 0.00% | +147+0.7% | Added |
| Farrow Financial Inc. | 21,566 | $3.33M | 2.51% | +21,566 | New |
| XXEC, Inc. | 20,667 | $3.19M | 2.51% | −548−2.6% | Reduced |
| Cardinal Capital Management | 19,564 | $3.02M | 0.57% | −42−0.2% | Reduced |
| Citigroup Inc | 19,074 | $2.94M | 0.00% | +5,844+44.2% | Added |
| Algert Global LLC | 19,059 | $2.94M | 0.12% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 18,909 | $2.92M | 0.01% | −361−1.9% | Reduced |
| Capital Fund Management S.A. | 18,680 | $2.88M | 0.04% | +8,070+76.1% | Added |
| Old Second National Bank of Aurora | 18,143 | $2.80M | 0.77% | −358−1.9% | Reduced |
| State of Alaska, Department of Revenue | 18,094 | $2.79M | 0.03% | −160−0.9% | Reduced |
| Select Equity Group, L.P. | 17,428 | $2.69M | 0.01% | −2,376−12.0% | Reduced |
| Illinois Municipal Retirement Fund | 16,806 | $2.59M | 0.04% | −334−1.9% | Reduced |
| Jump Financial, LLC | 16,233 | $2.51M | 0.08% | +16,233 | New |
| State of New Jersey Common Pension Fund D | 16,221 | $2.50M | 0.01% | 00.0% | Unchanged |
| Franklin Resources Inc | 16,204 | $2.50M | 0.00% | −48−0.3% | Reduced |
| American International Group, Inc. | 16,012 | $2.47M | 0.01% | −132−0.8% | Reduced |
| Stifel Financial Corp | 16,010 | $2.47M | 0.00% | −9,297−36.7% | Reduced |
| SG Americas Securities, LLC | 15,908 | $2.46M | 0.03% | −16,376−50.7% | Reduced |
| Monument Capital Management | 15,575 | $2.40M | 0.77% | −220−1.4% | Reduced |
| Manufacturers Life Insurance Company, The | 15,490 | $2.39M | 0.00% | −165−1.1% | Reduced |
| MetLife Investment Management | 15,438 | $2.38M | 0.02% | 00.0% | Unchanged |
| Comerica Bank | 15,360 | $2.37M | 0.01% | +157+1.0% | Added |
| Hennion & Walsh Asset Management, Inc. | 15,246 | $2.35M | 0.13% | +4,051+36.2% | Added |
| Van Eck Associates Corp | 15,244 | $2.35M | 0.00% | +2,160+16.5% | Added |
| Tower View Investment Management & Research LLC | 14,851 | $2.29M | 1.42% | +5,471+58.3% | Added |
| Yousif Capital Management, LLC | 14,822 | $2.29M | 0.03% | −22−0.1% | Reduced |
| Louisiana State Employees Retirement System | 14,700 | $2.27M | 0.05% | −200−1.3% | Reduced |
| TAP Consulting, LLC | 14,484 | $2.24M | 0.53% | −136−0.9% | Reduced |
| Two Sigma Investments, LP | 14,313 | $2.21M | 0.01% | +2,959+26.1% | Added |
| State of Wisconsin Investment Board | 14,180 | $2.19M | 0.01% | +10,390+274.1% | Added |
| Teacher Retirement System of Texas | 13,970 | $2.16M | 0.01% | −5,313−27.6% | Reduced |
| Shell Asset Management Co | 13,754 | $2.12M | 0.10% | −798−5.5% | Reduced |
| LPL Financial LLC | 13,507 | $2.09M | 0.00% | −3,744−21.7% | Reduced |
| Susquehanna International Group, LLP | 13,365 | $2.06M | 0.00% | +6,425+92.6% | Added |
| Truist Financial Corp | 13,320 | $2.06M | 0.00% | −156−1.2% | Reduced |
| Amalgamated Bank | 12,681 | $1.96M | 0.02% | −481−3.7% | Reduced |
| New York State Teachers Retirement System | 12,434 | $1.92M | 0.00% | −100−0.8% | Reduced |
| Triasima Portfolio Management inc. | 12,425 | $1.92M | 0.16% | −15,400−55.3% | Reduced |
| Tower Research Capital LLC (TRC) | 12,298 | $1.90M | 0.02% | +10,521+592.1% | Added |
| Robeco Institutional Asset Management B.V. | 12,180 | $1.88M | 0.00% | +1,946+19.0% | Added |
| Vontobel Holding Ltd. | 11,857 | $1.83M | 0.02% | +674+6.0% | Added |
| Redmond Asset Management, LLC | 11,830 | $1.83M | 0.59% | −1,052−8.2% | Reduced |
| CI Private Wealth, LLC | 11,535 | $1.78M | 0.00% | +717+6.6% | Added |
| Martingale Asset Management L P | 11,340 | $1.75M | 0.04% | 00.0% | Unchanged |
| Cavalier Investments, LLC | 11,146 | $1.72M | 0.63% | +264+2.4% | Added |
| Bridge City Capital, LLC | 11,000 | $1.70M | 0.66% | +11,000 | New |
| Zacks Investment Management | 10,789 | $1.67M | 0.02% | −417−3.7% | Reduced |
| Maryland State Retirement & Pension System | 10,666 | $1.65M | 0.03% | −133−1.2% | Reduced |
| Ensign Peak Advisors, Inc | 10,502 | $1.62M | 0.00% | +450+4.5% | Added |
| Johnson Financial Group, Inc. | 10,200 | $1.57M | 0.09% | −4,638−31.3% | Reduced |
| Cim, LLC | 9,932 | $1.55M | 0.24% | +335+3.5% | Added |
| Linden Thomas Advisory Services, LLC | 10,038 | $1.55M | 0.29% | −135−1.3% | Reduced |
| Liontrust Investment Partners LLP | 10,000 | $1.54M | 0.02% | −7,000−41.2% | Reduced |
| Raymond James & Associates | 9,858 | $1.52M | 0.00% | −1,040−9.5% | Reduced |
| Zions Bancorporation, N.A. | 9,371 | $1.45M | 0.10% | −1,299−12.2% | Reduced |
| Teachers Retirement System of the State of Kentucky | 9,306 | $1.44M | 0.01% | 00.0% | Unchanged |
| TownSquare Capital, LLC | 9,283 | $1.43M | 0.02% | +2,191+30.9% | Added |
| STRS Ohio | 9,200 | $1.42M | 0.01% | +2,100+29.6% | Added |
| Carlson Capital Management | 9,072 | $1.40M | 0.07% | 00.0% | Unchanged |
| Trexquant Investment LP | 8,978 | $1.39M | 0.03% | −10,244−53.3% | Reduced |
| Creative Planning | 8,880 | $1.37M | 0.00% | +647+7.9% | Added |
| State Board of Administration of Florida Retirement System | 8,652 | $1.34M | 0.00% | −518−5.6% | Reduced |
| Oregon Public Employees Retirement Fund | 8,615 | $1.33M | 0.02% | −100−1.1% | Reduced |
| HighTower Advisors, LLC | 8,562 | $1.31M | 0.00% | +12+0.1% | Added |
| Swedbank AB | 8,422 | $1.30M | 0.00% | +1,083+14.8% | Added |
| Arizona State Retirement System | 8,196 | $1.27M | 0.01% | −150−1.8% | Reduced |
| Commonwealth Equity Services, LLC | 8,193 | $1.26M | 0.00% | +2,703+49.2% | Added |
| Advisor Group Holdings, Inc. | 8,031 | $1.24M | 0.00% | −860−9.7% | Reduced |
| Campbell & CO Investment Adviser LLC | 7,827 | $1.21M | 0.11% | +6,347+428.9% | Added |
| AQR Capital Management LLC | 7,777 | $1.20M | 0.00% | −2,896−27.1% | Reduced |
| Semanteon Capital Management, LP | 7,745 | $1.20M | 0.81% | +7,745 | New |
| Vestcor Inc | 7,571 | $1.17M | 0.04% | +2,207+41.1% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 6,992 | $1.08M | 0.00% | +4,984+248.2% | Added |
| Quadrature Capital Ltd | 6,923 | $1.07M | 0.02% | +6,923 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 6,900 | $1.07M | 0.00% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 6,499 | $1.00M | 0.00% | +1,155+21.6% | Added |
| ClariVest Asset Management LLC | 6,419 | $990.9K | 0.05% | −2,101−24.7% | Reduced |
| Pathstone Holdings, LLC | 6,381 | $984.8K | 0.01% | +6,381 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,333 | $977.6K | 0.01% | −13,268−67.7% | Reduced |
| Jackson Creek Investment Advisors LLC | 6,330 | $977.0K | 0.38% | −256−3.9% | Reduced |
| American Century Companies Inc | 6,313 | $974.5K | 0.00% | +10.0% | Added |
| Everence Capital Management Inc | 6,300 | $973.0K | 0.07% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 6,200 | $957.1K | 0.03% | −198−3.1% | Reduced |
| JustInvest LLC | 6,110 | $943.2K | 0.02% | −3,824−38.5% | Reduced |
| Teton Advisors, Inc. | 6,000 | $926.2K | 0.30% | −500−7.7% | Reduced |
| Davenport & Co LLC | 5,977 | $922.7K | 0.01% | −300−4.8% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 5,954 | $919.2K | 0.04% | −200−3.2% | Reduced |
| Mission Wealth Management, LP | 5,872 | $906.5K | 0.03% | +379+6.9% | Added |
| Marietta Investment Partners LLC | 5,856 | $904.0K | 0.23% | +2,481+73.5% | Added |
| Tortoise Index Solutions, LLC | 5,818 | $898.1K | 0.17% | −205−3.4% | Reduced |
| Engineers Gate Manager LP | 5,518 | $851.8K | 0.02% | +2,415+77.8% | Added |