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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
Edgestream Partners, L.P.35,576$6.77M0.23%+12,125+51.7%Added
Robeco Schweiz AG35,327$6.72M0.17%00.0%Unchanged
AQR Capital Management LLC35,115$6.68M0.01%−8,869−20.2%Reduced
KLP Kapitalforvaltning AS35,000$6.66M0.03%+3,500+11.1%Added
Palisades Investment Partners, LLC34,604$6.58M3.30%+653+1.9%Added
Intech Investment Management LLC34,091$6.49M0.07%+5,308+18.4%Added
KBC Group NV34,063$6.48M0.02%−143,078−80.8%Reduced
ExodusPoint Capital Management, LP33,258$6.33M0.08%+29,558+798.9%Added
TownSquare Capital, LLC33,241$6.32M0.07%+1,617+5.1%Added
Trexquant Investment LP32,746$6.23M0.07%+13,079+66.5%Added
AXA S.A.31,152$5.93M0.02%−26,969−46.4%Reduced
Erste Asset Management GmbH30,589$5.83M0.07%−1,381−4.3%Reduced
Ci Investments Inc.30,536$5.81M0.02%−23−0.1%Reduced
Los Angeles Capital Management LLC30,301$5.76M0.03%+38+0.1%Added
Teacher Retirement System of Texas29,767$5.66M0.02%−3,257−9.9%Reduced
Baird Financial Group, Inc.29,358$5.59M0.01%−56−0.2%Reduced
UniSuper Management Pty Ltd29,103$5.54M0.04%+1,041+3.7%Added
Rathbone Brothers plc28,539$5.43M0.03%+2,900+11.3%Added
Bridge City Capital, LLC28,202$5.37M1.61%+85+0.3%Added
Advisors Asset Management, Inc.27,650$5.26M0.10%−939−3.3%Reduced
US Bancorp27,435$5.22M0.01%−162−0.6%Reduced
California State Teachers Retirement System27,191$5.17M0.01%−310−1.1%Reduced
Cubist Systematic Strategies, LLC26,998$5.14M0.07%+26,998New
Skandinaviska Enskilda Banken AB (publ)26,055$4.96M0.02%+2,532+10.8%Added
State of Wisconsin Investment Board26,047$4.96M0.01%+3,317+14.6%Added
Hennion & Walsh Asset Management, Inc.26,033$4.95M0.22%−60.0%Reduced
Dorsey & Whitney Trust CO LLC25,813$4.91M0.28%−1,462−5.4%Reduced
Vident Advisory, LLC25,245$4.80M0.07%+17,025+207.1%Added
Capital Fund Management S.A.25,181$4.79M0.06%+25,181New
Mirova25,143$4.78M0.86%−210−0.8%Reduced
Truist Financial Corp23,696$4.51M0.01%+4,288+22.1%Added
Lombard Odier Asset Management (USA) Corp23,181$4.41M1.49%+14,860+178.6%Added
Northstar Asset Management Inc22,916$4.36M1.29%−543−2.3%Reduced
Cardinal Capital Management22,296$4.24M0.66%+287+1.3%Added
HSBC Holdings PLC21,813$4.13M0.00%+17,505+406.3%Added
Thrivent Financial for Lutherans21,603$4.11M0.01%−1,130−5.0%Reduced
Montanaro Asset Management Ltd20,500$3.90M1.14%−32,950−61.6%Reduced
BNP Paribas Arbitrage, SA20,093$3.82M0.00%+5,428+37.0%Added
Trillium Asset Management, LLC19,629$3.73M0.11%+19,629New
Franklin Resources Inc19,411$3.69M0.00%+1,139+6.2%Added
Wealth Enhancement Advisory Services, LLC19,233$3.66M0.01%+991+5.4%Added
HRT Financial LP18,915$3.60M0.02%+13,347+239.7%Added
Susquehanna Fundamental Investments, LLC18,890$3.59M0.06%−3,296−14.9%Reduced
Farrow Financial Inc.18,867$3.59M2.41%−155−0.8%Reduced
SEI Investments Co18,758$3.57M0.00%+531+2.9%Added
Caisse de Depot Et Placement du Quebec18,742$3.57M0.01%+18,742New
Russell Investments Group, Ltd.18,570$3.53M0.00%−12,789−40.8%Reduced
XXEC, Inc.18,489$3.52M3.05%−455−2.4%Reduced
Creative Planning17,849$3.40M0.00%+1,867+11.7%Added
Voya Investment Management LLC17,810$3.39M0.00%+153+0.9%Added
Zacks Investment Management17,644$3.36M0.03%+837+5.0%Added
American Century Companies Inc17,411$3.31M0.00%+728+4.4%Added
The PNC Financial Services Group, Inc.17,343$3.30M0.00%−459−2.6%Reduced
MetLife Investment Management17,143$3.26M0.02%−518−2.9%Reduced
Old Second National Bank of Aurora17,019$3.24M0.76%−427−2.4%Reduced
Manufacturers Life Insurance Company, The16,855$3.21M0.00%+255+1.5%Added
Dynamic Technology Lab Private Ltd16,593$3.16M0.46%+14,690+771.9%Added
Donaldson Capital Management, LLC16,359$3.11M0.12%+1,830+12.6%Added
State of Alaska, Department of Revenue16,297$3.10M0.04%−464−2.8%Reduced
State of Tennessee, Treasury Department16,085$3.06M0.01%−262−1.6%Reduced
Lazard Asset Management LLC16,053$3.05M0.00%+3,967+32.8%Added
Marshall Wace, LLP15,966$3.04M0.00%+11,275+240.4%Added
Illinois Municipal Retirement Fund15,673$2.98M0.04%+1,424+10.0%Added
Monument Capital Management15,528$2.95M0.91%+126+0.8%Added
Corebridge Financial, Inc.15,349$2.92M0.02%−301−1.9%Reduced
Wellington Management Group LLP15,179$2.89M0.00%−4,961−24.6%Reduced
Bank of Montreal15,177$2.89M0.00%+454+3.1%Added
Summit Financial, LLC14,768$2.81M0.08%+14,768New
Tower View Investment Management & Research LLC14,673$2.79M1.63%−232−1.6%Reduced
Needham Investment Management LLC14,500$2.76M0.26%−3,150−17.8%Reduced
Louisiana State Employees Retirement System13,900$2.64M0.05%−300−2.1%Reduced
Essex Investment Management Co LLC13,798$2.63M0.55%−2,079−13.1%Reduced
Davy Global Fund Management Ltd13,654$2.60M0.31%−519−3.7%Reduced
Engineers Gate Manager LP13,588$2.59M0.04%+11,140+455.1%Added
Marietta Investment Partners LLC13,435$2.56M0.62%−6,565−32.8%Reduced
Cavalier Investments, LLC13,377$2.54M0.86%−22−0.2%Reduced
Martingale Asset Management L P13,040$2.48M0.06%+500+4.0%Added
Linden Thomas Advisory Services, LLC13,000$2.47M0.32%−33−0.3%Reduced
Annex Advisory Services, LLC12,888$2.45M0.07%−47−0.4%Reduced
Credit Agricole S A12,713$2.42M0.01%00.0%Unchanged
Nebula Research & Development LLC12,537$2.39M0.22%−659−5.0%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC12,379$2.36M0.09%+1,625+15.1%Added
Twin Tree Management, LP11,921$2.27M0.05%+8,560+254.7%Added
Yousif Capital Management, LLC11,874$2.26M0.03%+724+6.5%Added
New York State Teachers Retirement System11,634$2.21M0.01%−200−1.7%Reduced
Quantbot Technologies LP11,238$2.14M0.07%+11,238New
Zions Bancorporation, National Association11,080$2.11M0.13%+11,080New
PDT Partners, LLC11,036$2.10M0.15%−5,572−33.6%Reduced
Schonfeld Strategic Advisors LLC10,948$2.08M0.01%+7,418+210.1%Added
Bridges Investment Management Inc10,729$2.04M0.03%+5,302+97.7%Added
Segall Bryant & Hamill, LLC10,620$2.02M0.03%−16,355−60.6%Reduced
Oak Ridge Investments LLC10,607$2.02M0.17%−72−0.7%Reduced
Stifel Financial Corp10,516$2.00M0.00%−1,909−15.4%Reduced
Redwood Investments, LLC10,368$1.97M0.74%−64−0.6%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main10,314$1.96M0.00%00.0%Unchanged
Ensign Peak Advisors, Inc9,998$1.90M0.00%00.0%Unchanged
Handelsbanken Fonder AB9,749$1.85M0.01%00.0%Unchanged
Danske Bank A/S9,688$1.84M0.01%−23,518−70.8%Reduced
Cim, LLC9,647$1.84M0.27%−100−1.0%Reduced
Healthcare of Ontario Pension Plan Trust Fund9,600$1.83M0.00%−3,000−23.8%Reduced