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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
Archer Investment Corp540$102.7K0.03%00.0%Unchanged
CIBC Private Wealth Group, LLC611$104.3K0.00%00.0%Unchanged
Smartleaf Asset Management LLC583$110.9K0.01%−14−2.3%Reduced
Bank Julius Baer & Co. Ltd, Zurich600$114.1K0.00%+56+10.3%Added
Northwestern Mutual Wealth Management Co618$117.6K0.00%+64+11.6%Added
Pacific Center for Financial Services673$128.0K0.03%00.0%Unchanged
Signaturefd, LLC682$129.8K0.00%+305+80.9%Added
Clearstead Advisors, LLC721$137.2K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)767$145.9K0.00%−454−37.2%Reduced
GHP Investment Advisors, Inc.773$147.1K0.01%00.0%Unchanged
Lowe Wealth Advisors, LLC780$148.4K0.06%00.0%Unchanged
Contravisory Investment Management, Inc.782$148.8K0.03%−760−49.3%Reduced
Public Employees Retirement System of Ohio799$152.0K0.00%+2+0.3%Added
Close Asset Management Ltd841$160.0K0.00%−24−2.8%Reduced
GAMMA Investing LLC878$167.0K0.01%+93+11.8%Added
Pacer Advisors, Inc.922$175.4K0.00%+174+23.3%Added
Federation des caisses Desjardins du Quebec954$181.5K0.00%−967−50.3%Reduced
Parallel Advisors, LLC979$186.3K0.00%+36+3.8%Added
Covestor Ltd1,018$194.0K0.13%+73+7.7%Added
FIL Ltd1,067$203.0K0.00%+1,067New
CWM, LLC1,078$205.0K0.00%+165+18.1%Added
AE Wealth Management LLC1,091$207.8K0.00%+17+1.6%Added
Virginia Retirement Systems Et Al1,100$209.3K0.00%+1,100New
Seeds Investor LLC1,126$214.2K0.06%+107+10.5%Added
Scientech Research LLC1,130$215.0K0.06%+1,130New
Institute for Wealth Management, LLC.1,139$216.8K0.03%−588−34.0%Reduced
Journey Strategic Wealth LLC1,239$235.7K0.01%+2+0.2%Added
Inspire Advisors, LLC1,291$245.6K0.03%−39−2.9%Reduced
Nisa Investment Advisors, LLC1,292$245.8K0.00%00.0%Unchanged
First Citizens Bank & Trust Co1,313$249.8K0.01%+1,313New
Park Capital Management, LLC1,319$250.9K0.29%+1,319New
Stratos Wealth Partners, LTD.1,334$253.8K0.00%−10−0.7%Reduced
Synovus Financial Corp1,355$258.0K0.00%−74−5.2%Reduced
RSM US Wealth Management LLC1,361$258.9K0.00%+60+4.6%Added
Profund Advisors LLC1,383$263.1K0.01%−174−11.2%Reduced
Two Sigma Advisers, LP1,400$266.4K0.00%−100−6.7%Reduced
Shelton Capital Management1,410$268.3K0.01%−338−19.3%Reduced
Millstone Evans Group, LLC1,490$283.5K0.19%00.0%Unchanged
Ballentine Partners, LLC1,494$284.2K0.00%−183−10.9%Reduced
Nvest Financial, LLC1,500$285.4K0.15%00.0%Unchanged
New Age Alpha Advisors, LLC1,503$285.9K0.01%−168−10.1%Reduced
Glen Eagle Advisors, LLC1,564$297.5K0.05%00.0%Unchanged
Quantinno Capital Management LP1,585$301.6K0.00%+1,585New
Dundas Partners LLP1,589$302.3K0.02%00.0%Unchanged
Rock Point Advisors, LLC1,600$304.4K0.09%−100−5.9%Reduced
KLCM Advisors, Inc.1,600$304.4K0.04%+1,600New
Steward Partners Investment Advisory, LLC1,608$305.9K0.00%00.0%Unchanged
Yorktown Management & Research Co Inc1,650$313.9K0.34%00.0%Unchanged
Northside Capital Management, LLC1,650$313.9K0.05%00.0%Unchanged
apricus wealth, LLC1,654$314.7K0.19%+621+60.1%Added
Point72 (DIFC) Ltd1,706$324.5K0.03%+1,706New
Modern Wealth Management, LLC1,719$327.0K0.01%+1,719New
Mackenzie Financial Corp1,769$336.6K0.00%+196+12.5%Added
BI Asset Management Fondsmaeglerselskab A/S1,777$338.0K0.00%00.0%Unchanged
Burney Co1,815$345.3K0.01%00.0%Unchanged
Alpine Bank Wealth Management1,815$345.3K0.06%+1,815New
Jain Global LLC1,838$349.7K0.01%+1,838New
Fortress Financial Solutions, LLC1,843$350.6K0.51%+102+5.9%Added
Walleye Capital LLC1,909$363.2K0.00%+1,909New
Great Lakes Retirement, Inc.1,913$363.9K0.05%−30−1.5%Reduced
Chevy Chase Trust Holdings, Inc.1,929$367.0K0.00%00.0%Unchanged
SG Americas Securities, LLC1,942$369.0K0.00%+1,942New
United Services Automobile Association1,941$369.2K0.01%+1,941New
Diversify Advisory Services, LLC1,734$376.8K0.02%+458+35.9%Added
Fruth Investment Management2,000$380.0K0.11%00.0%Unchanged
PFG Investments, LLC2,013$383.0K0.02%−246−10.9%Reduced
Argus Investors' Counsel, Inc.2,062$392.3K0.30%−47−2.2%Reduced
Cetera Investment Advisers2,111$401.5K0.00%−3,540−62.6%Reduced
Janney Montgomery Scott LLC2,122$404.0K0.00%+29+1.4%Added
Counterpoint Mutual Funds LLC2,176$414.0K0.06%+2,176New
CWM Advisors, LLC2,179$414.5K0.05%−3,660−62.7%Reduced
Everence Capital Management Inc2,250$428.0K0.03%−2,270−50.2%Reduced
GPS Wealth Strategies Group, LLC2,261$430.1K0.06%−110−4.6%Reduced
Wolverine Trading, LLC2,290$435.6K0.01%+2,290New
Alamea Verwaltungs GmbH2,314$440.2K0.38%+2,314New
Empowered Funds, LLC2,344$445.9K0.01%−1,549−39.8%Reduced
Virtu Financial LLC2,353$447.0K0.02%+2,353New
Midwest Professional Planners, LTD.2,368$450.5K0.14%00.0%Unchanged
TFG Advisers LLC2,378$452.5K0.16%+424+21.7%Added
Dark Forest Capital Management LP2,379$452.6K0.02%+446+23.1%Added
Norden Group LLC2,389$454.6K0.05%−2,033−46.0%Reduced
Envestnet Portfolio Solutions, Inc.2,396$455.9K0.00%+761+46.5%Added
Empirical Asset Management, LLC2,410$458.5K0.16%+1,361+129.7%Added
MQS Management LLC2,451$466.3K0.27%+2,451New
National Bank of Canada2,502$475.5K0.00%−106−4.1%Reduced
Cresset Asset Management, LLC2,524$480.1K0.00%+34+1.4%Added
Quest Partners LLC2,525$480.4K0.05%−267−9.6%Reduced
MML Investors Services, LLC2,547$484.0K0.00%+327+14.7%Added
TD Waterhouse Canada Inc.2,530$485.7K0.00%+214+9.2%Added
Colony Group, LLC2,571$489.0K0.00%−4−0.2%Reduced
First Interstate Bank2,581$491.0K0.03%+158+6.5%Added
Xponance, Inc.2,618$498.1K0.00%+402+18.1%Added
Putney Financial Group LLC2,678$509.5K0.54%00.0%Unchanged
Federated Hermes, Inc.2,687$511.2K0.00%−171−6.0%Reduced
Norway Savings Bank2,718$517.1K0.29%+260+10.6%Added
Ellenbecker Investment Group2,720$517.6K0.09%+4+0.1%Added
Cambridge Investment Research Advisors, Inc.2,731$519.0K0.00%+506+22.7%Added
Shell Asset Management Co2,764$526.0K0.02%−105−3.7%Reduced
Aureus Asset Management, LLC2,803$533.3K0.04%00.0%Unchanged
Atria Investments LLC2,821$536.6K0.01%+123+4.6%Added