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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
Umpqua Bank2,845$541.3K0.19%00.0%Unchanged
Evergreen Capital Management LLC2,857$543.5K0.02%+77+2.8%Added
IHT Wealth Management, LLC2,870$546.0K0.02%−2,881−50.1%Reduced
Jefferies Financial Group Inc.2,988$568.5K0.01%+2,988New
Corient IA LLC3,000$570.8K0.41%+3,000New
Ameritas Investment Partners, Inc.3,008$572.3K0.02%00.0%Unchanged
Aviva PLC3,018$574.2K0.00%+260+9.4%Added
Great Lakes Advisors, LLC3,039$578.2K0.01%−378−11.1%Reduced
Portside Wealth Group, LLC3,074$584.8K0.10%+301+10.9%Added
STRS Ohio3,100$589.8K0.00%−4,700−60.3%Reduced
Crossmark Global Holdings, Inc.3,109$591.5K0.01%−110−3.4%Reduced
Jones Financial Companies LLLP3,124$594.2K0.00%+903+40.7%Added
Fox Run Management, L.L.C.3,168$602.7K0.09%+3,168New
Van Hulzen Asset Management, LLC3,176$604.2K0.06%−190−5.6%Reduced
Atria Wealth Solutions, Inc.3,178$604.7K0.01%−95−2.9%Reduced
PPS&V Asset Management Consultants, Inc.3,200$608.8K0.44%00.0%Unchanged
Bridgefront Capital, LLC3,211$610.9K0.18%+3,211New
Quadrature Capital Ltd3,221$612.3K0.01%−3,728−53.6%Reduced
Magnetar Financial LLC3,229$614.3K0.01%+3,229New
Teton Advisors, Inc.3,250$618.3K0.39%00.0%Unchanged
Public Employees Retirement Association of Colorado3,317$631.0K0.00%00.0%Unchanged
Equitable Holdings, Inc.3,407$648.2K0.01%+3,407New
Alliance Wealth Advisors, LLC3,450$656.4K0.17%+126+3.8%Added
Cynosure Management, LLC3,570$679.2K0.09%+915+34.5%Added
EntryPoint Capital, LLC3,574$680.0K0.31%+2,614+272.3%Added
Davenport & Co LLC3,625$689.7K0.00%−30−0.8%Reduced
Perbak Capital Partners LLP3,640$692.5K0.51%+3,640New
Arjuna Capital3,713$706.4K0.20%−74−2.0%Reduced
Graham Capital Management, L.P.3,736$710.8K0.02%+2,145+134.8%Added
GWM Advisors LLC3,766$716.6K0.00%+2,886+328.0%Added
Trust Point Inc.3,864$735.1K0.07%−117−2.9%Reduced
Aquatic Capital Management LLC3,921$746.0K0.02%+2,913+289.0%Added
Quadrant Capital Group LLC3,929$747.5K0.03%+2,677+213.8%Added
Bailard, Inc.4,054$771.3K0.02%+400+10.9%Added
ISAM Funds (UK) Ltd4,094$778.9K0.39%+4,094New
Gibbs Wealth Management4,175$794.3K0.19%+1,074+34.6%Added
Kesler, Norman & Wride, LLC4,177$795.2K0.15%+695+20.0%Added
Numerai GP LLC4,206$800.2K0.15%+2,273+117.6%Added
Mutual of America Capital Management LLC4,283$814.8K0.01%−173−3.9%Reduced
O'Shaughnessy Asset Management, LLC4,298$817.7K0.01%+162+3.9%Added
JSF Financial, LLC4,303$818.6K0.22%+4,303New
Sequoia Financial Advisors, LLC4,471$850.6K0.01%+2,516+128.7%Added
Acadian Asset Management LLC4,524$859.0K0.00%−45,510−91.0%Reduced
Asset Management One Co.,Ltd.4,517$859.4K0.00%−346−7.1%Reduced
Centiva Capital, LP4,721$898.2K0.05%+4,721New
Lido Advisors, LLC4,722$898.4K0.01%+4,722New
Schroder Investment Management Group4,809$914.7K0.00%−1,136−19.1%Reduced
DnB Asset Management AS4,916$935.3K0.00%+930+23.3%Added
River Street Advisors LLC4,939$939.6K0.47%+257+5.5%Added
Gotham Asset Management, LLC4,956$942.9K0.01%+2,127+75.2%Added
Mitsubishi UFJ Asset Management (UK) Ltd.5,000$951.0K0.52%00.0%Unchanged
Advisor Group Holdings, Inc.5,038$959.8K0.00%−306−5.7%Reduced
Robeco Institutional Asset Management B.V.5,074$965.3K0.00%−3,648−41.8%Reduced
Mission Wealth Management, LP5,076$965.7K0.02%+219+4.5%Added
Ethic Inc.5,014$966.1K0.02%−79−1.6%Reduced
JustInvest LLC5,249$998.6K0.01%+167+3.3%Added
Exchange Traded Concepts, LLC5,390$1.03M0.02%−563−9.5%Reduced
Legato Capital Management LLC5,415$1.03M0.14%−66−1.2%Reduced
Vestcor Inc5,483$1.04M0.04%+100+1.9%Added
Flputnam Investment Management Co5,865$1.12M0.02%00.0%Unchanged
CI Private Wealth, LLC5,876$1.12M0.00%−3,109−34.6%Reduced
Harbor Capital Advisors, Inc.5,979$1.14M0.05%+5,979New
Diversify Wealth Management, LLC5,242$1.14M0.08%+733+16.3%Added
State Board of Administration of Florida Retirement System6,137$1.17M0.00%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC6,204$1.18M0.04%00.0%Unchanged
Semanteon Capital Management, LP6,218$1.18M0.64%+6,218New
Consolidated Planning Corp6,355$1.21M0.17%+6,355New
XTX Topco Ltd6,385$1.21M0.06%+6,385New
Police & Firemen's Retirement System of New Jersey6,392$1.22M0.01%+132+2.1%Added
Royce & Associates LP6,499$1.24M0.01%+2,018+45.0%Added
Mariner, LLC6,506$1.24M0.00%+428+7.0%Added
CIBC World Markets Corp6,522$1.24M0.01%+3,772+137.2%Added
HighTower Advisors, LLC6,725$1.28M0.00%+781+13.1%Added
Oregon Public Employees Retirement Fund6,775$1.29M0.02%−172−2.5%Reduced
Vontobel Holding Ltd.6,848$1.30M0.00%+236+3.6%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys7,038$1.34M0.01%+759+12.1%Added
We Are One Seven, LLC7,172$1.36M0.05%+1,804+33.6%Added
Gsa Capital Partners LLP7,259$1.38M0.12%+7,259New
Town & Country Bank & Trust CO dba First Bankers Trust CO7,390$1.41M0.55%+7,390New
Allspring Global Investments Holdings, LLC7,371$1.42M0.00%−244−3.2%Reduced
Mercer Global Advisors Inc7,543$1.44M0.00%−1,154−13.3%Reduced
Meiji Yasuda Asset Management Co Ltd.7,561$1.44M0.06%−3,048−28.7%Reduced
Johnson Financial Group, Inc.7,970$1.52M0.07%−2,000−20.1%Reduced
TD Asset Management Inc8,100$1.54M0.00%00.0%Unchanged
Amalgamated Bank8,381$1.59M0.01%−240−2.8%Reduced
Arizona State Retirement System8,437$1.61M0.01%−99−1.2%Reduced
Maryland State Retirement & Pension System8,595$1.64M0.04%−1,309−13.2%Reduced
Inceptionr LLC8,615$1.64M0.49%+8,615New
Union Bancaire Privee, UBP SA8,546$1.65M0.03%+14+0.2%Added
Values First Advisors, Inc.8,739$1.66M0.97%+53+0.6%Added
Coldstream Capital Management Inc8,825$1.68M0.04%+8,825New
Pathstone Holdings, LLC8,842$1.68M0.01%+1,233+16.2%Added
Gallo Partners, LP9,274$1.76M1.18%+9,274New
Brevan Howard Capital Management LP9,288$1.77M0.05%+4,188+82.1%Added
Teachers Retirement System of the State of Kentucky9,306$1.77M0.02%00.0%Unchanged
State of New Jersey Common Pension Fund D9,381$1.78M0.01%−1,516−13.9%Reduced
Verition Fund Management LLC9,528$1.81M0.01%+422+4.6%Added
Healthcare of Ontario Pension Plan Trust Fund9,600$1.83M0.00%−3,000−23.8%Reduced
Cim, LLC9,647$1.84M0.27%−100−1.0%Reduced
Danske Bank A/S9,688$1.84M0.01%−23,518−70.8%Reduced