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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, Q1 2025

Institutional positions in Badger Meter Inc as of Mar 31, 2025. 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
497
+15 vs. Q4 2024
Shares held
28.0M
+1.28M (+4.8%) vs. Q4 2024
Total value
$5.33B
−$342.4M (−6.0%) vs. Q4 2024
New holders
74
179 more added
Sold out
59
162 more reduced

8 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 holdersQ1 2025: 497 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 heldQ1 2025: $5.33B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q4 2024.

Institutions holding BMI in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.5,291,556$1.01B0.02%−131,614−2.4%Reduced
Vanguard Group Inc3,796,229$722.2M0.01%−45,650−1.2%Reduced
State Street Corp1,442,685$274.5M0.01%−142,744−9.0%Reduced
Geode Capital Management, LLC857,179$163.6M0.01%+60,651+7.6%Added
Morgan Stanley729,180$138.7M0.01%−20,941−2.8%Reduced
Invesco Ltd.630,891$120.0M0.02%+129,945+25.9%Added
Dimensional Fund Advisors LP517,462$98.4M0.02%−8,052−1.5%Reduced
JPMorgan Chase & Co482,418$91.8M0.01%+49,249+11.4%Added
Goldman Sachs Group Inc456,899$86.9M0.02%−91,411−16.7%Reduced
Congress Asset Management Co398,588$75.8M0.57%+35,424+9.8%Added
Neuberger Berman Group LLC382,268$72.7M0.06%+275,320+257.4%Added
Charles Schwab Investment Management Inc344,786$65.6M0.01%−5,592−1.6%Reduced
Westfield Capital Management Co LP344,010$65.4M0.32%+344,010New
Northern Trust Corp336,905$64.1M0.01%−11,571−3.3%Reduced
Norges Bank333,268$63.4M0.01%−112,455−25.2%Reduced
Bank of New York Mellon Corp310,594$59.1M0.01%−24,511−7.3%Reduced
UBS Asset Management Americas Inc305,039$58.0M0.01%+8,345+2.8%Added
Kayne Anderson Rudnick Investment Management LLC291,637$55.5M0.14%+4,807+1.7%Added
Price T Rowe Associates Inc257,863$49.1M0.01%+1,646+0.6%Added
Mirae Asset Global ETFs Holdings Ltd.250,383$47.6M0.10%−1,417−0.6%Reduced
Pictet Asset Management Holding SA244,527$46.5M0.05%+9,205+3.9%Added
Boston Trust Walden Corp235,081$44.7M0.33%−4,229−1.8%Reduced
Nuveen, LLC235,033$44.7M0.01%+235,033New
Bowen Hanes & Co Inc224,050$42.6M1.19%+1,630+0.7%Added
Squarepoint Ops LLC213,410$40.6M0.10%+146,019+216.7%Added
First Trust Advisors LP208,006$39.6M0.04%−107,369−34.0%Reduced
Allianz Asset Management GmbH205,898$39.2M0.06%−6,126−2.9%Reduced
Ameriprise Financial Inc195,348$37.2M0.01%+12,966+7.1%Added
Amundi192,807$35.7M0.01%−2,616−1.3%Reduced
Renaissance Technologies LLC183,800$35.0M0.05%+66,700+57.0%Added
Belpointe Asset Management LLC178,961$34.0M1.77%−169−0.1%Reduced
Bank of America Corp164,318$31.3M0.00%+44,355+37.0%Added
FMR LLC158,390$30.1M0.00%−23,238−12.8%Reduced
UBS Group AG155,420$29.6M0.01%+26,915+20.9%Added
Principal Financial Group Inc154,974$29.5M0.02%+3,488+2.3%Added
Royal Bank of Canada152,768$29.1M0.01%−6,343−4.0%Reduced
Arrowstreet Capital, Limited Partnership148,773$28.3M0.02%+13,077+9.6%Added
Legal & General Group Plc144,316$27.5M0.01%+12,871+9.8%Added
Brown Capital Management LLC141,381$26.9M0.81%+141,381New
Jane Street Group, LLC134,715$25.6M0.05%+126,031+1,451.3%Added
DekaBank Deutsche Girozentrale137,060$25.6M0.05%00.0%Unchanged
Qube Research & Technologies Ltd132,882$25.3M0.04%+44,892+51.0%Added
Rhumbline Advisers131,851$25.1M0.02%+6,560+5.2%Added
Millennium Management LLC128,961$24.5M0.02%+119,333+1,239.4%Added
Rockefeller Capital Management L.P.116,054$22.1M0.05%−26,693−18.7%Reduced
Mairs & Power Inc115,890$22.0M0.23%−6,011−4.9%Reduced
D. E. Shaw & Co., Inc.107,468$20.4M0.02%+21,703+25.3%Added
Gabelli Funds LLC103,800$19.7M0.15%00.0%Unchanged
Storebrand Asset Management AS95,127$18.1M0.06%+194+0.2%Added
Gamco Investors, Inc. Et Al94,175$17.9M0.20%−100−0.1%Reduced
Public Sector Pension Investment Board93,251$17.7M0.08%+19,960+27.2%Added
Raymond James Financial Inc91,136$17.3M0.01%−5,912−6.1%Reduced
Rodgers Brothers Inc.87,711$16.7M2.22%−798−0.9%Reduced
Comerica Bank87,538$16.7M0.07%+76,133+667.5%Added
Zurcher Kantonalbank (Zurich Cantonalbank)83,370$15.9M0.05%−8,601−9.4%Reduced
EULAV Asset Management81,700$15.5M0.38%00.0%Unchanged
Deutsche Bank AG81,023$15.4M0.01%−1,613−2.0%Reduced
Toroso Investments, LLC78,043$14.8M0.13%−4,030−4.9%Reduced
ProShare Advisors LLC71,176$13.5M0.03%−9,223−11.5%Reduced
Man Group plc68,382$13.0M0.04%+11,190+19.6%Added
New York State Common Retirement Fund67,584$12.9M0.02%+40,095+145.9%Added
Congress Wealth Management LLC66,444$12.6M0.15%+5,541+9.1%Added
Universal- Beteiligungs- und Servicegesellschaft mbH65,311$12.4M0.02%−25,534−28.1%Reduced
Triodos Investment Management BV65,000$12.4M1.02%00.0%Unchanged
Wells Fargo & Company63,393$12.1M0.00%+3,357+5.6%Added
Barclays PLC61,547$11.7M0.01%+5,057+9.0%Added
Envestnet Asset Management Inc60,289$11.5M0.00%−6,978−10.4%Reduced
Commonwealth Equity Services, LLC60,240$11.5M0.02%+2,126+3.7%Added
Perpetual Ltd59,103$11.2M0.14%+9,783+19.8%Added
Algert Global LLC58,639$11.2M0.28%−27,921−32.3%Reduced
Victory Capital Management Inc58,299$11.1M0.01%+10,004+20.7%Added
Swiss National Bank57,000$10.8M0.01%−800−1.4%Reduced
Agf Management Ltd54,048$10.3M0.05%+31,169+136.2%Added
Natixis Advisors, L.P.53,876$10.3M0.02%−1,741−3.1%Reduced
Tudor Investment Corp Et Al53,610$10.2M0.09%−8,367−13.5%Reduced
Duff & Phelps Investment Management Co53,563$10.2M0.12%−2,033−3.7%Reduced
Warren Averett Asset Management, LLC52,038$9.90M0.12%+330+0.6%Added
Assenagon Asset Management S.A.47,825$9.10M0.02%−15,581−24.6%Reduced
Swiss Life Asset Management Ltd47,621$9.06M0.07%+376+0.8%Added
RMB Capital Management, LLC47,383$9.01M0.22%+2,283+5.1%Added
Citadel Advisors LLC46,481$8.84M0.01%+40,695+703.3%Added
Citigroup Inc45,478$8.65M0.01%+3,596+8.6%Added
California Public Employees Retirement System45,184$8.60M0.01%+252+0.6%Added
Voloridge Investment Management, LLC44,069$8.38M0.03%+27,258+162.1%Added
Alps Advisors Inc42,870$8.16M0.05%+3,090+7.8%Added
Axiom Investors LLC42,743$8.13M0.08%−31,250−42.2%Reduced
Cerity Partners LLC42,248$8.04M0.02%−2,846−6.3%Reduced
Great West Life Assurance Co39,481$7.51M0.01%−1,981−4.8%Reduced
OP Asset Management Ltd38,750$7.37M0.12%+38,750New
Balyasny Asset Management LLC38,543$7.33M0.02%+34,803+930.6%Added
Prudential Financial Inc34,058$7.33M0.01%−2,766−7.5%Reduced
Alliancebernstein L.P.37,870$7.20M0.00%−435−1.1%Reduced
Select Equity Group, L.P.37,539$7.14M0.03%+32,763+686.0%Added
Jump Financial, LLC37,433$7.12M0.11%+34,709+1,274.2%Added
Bryn Mawr Trust Co36,487$6.94M0.13%−1,357−3.6%Reduced
Van Eck Associates Corp36,315$6.91M0.01%+2,920+8.7%Added
Susquehanna International Group, LLP36,232$6.89M0.01%+20,764+134.2%Added
Candriam Luxembourg S.C.A.36,228$6.89M0.04%00.0%Unchanged
LPL Financial LLC36,705$6.79M0.00%−10,095−21.6%Reduced
Janus Henderson Group PLC35,709$6.79M0.00%+2,882+8.8%Added