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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, Q2 2025

Institutional positions in Badger Meter Inc as of Jun 30, 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
536
+43 vs. Q1 2025
Shares held
28.3M
+276.8K (+1.0%) vs. Q1 2025
Total value
$6.92B
+$1.59B (+29.9%) vs. Q1 2025
New holders
88
178 more added
Sold out
45
193 more reduced

4 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 536 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 heldQ2 2025: $6.92B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q1 2025.

Institutions holding BMI in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.5,235,888$1.28B0.02%−55,668−1.1%Reduced
Vanguard Group Inc3,814,919$934.5M0.02%+18,690+0.5%Added
State Street Corp1,462,807$358.3M0.01%+20,122+1.4%Added
Geode Capital Management, LLC876,519$215.5M0.02%+19,340+2.3%Added
Invesco Ltd.802,166$196.5M0.03%+171,275+27.1%Added
Morgan Stanley755,425$185.0M0.01%+26,245+3.6%Added
Westfield Capital Management Co LP612,809$150.1M0.63%+268,799+78.1%Added
Dimensional Fund Advisors LP475,166$116.4M0.03%−42,296−8.2%Reduced
Congress Asset Management Co407,059$99.7M0.68%+8,471+2.1%Added
Neuberger Berman Group LLC370,527$90.8M0.07%−11,741−3.1%Reduced
JPMorgan Chase & Co349,958$85.7M0.01%−132,460−27.5%Reduced
Goldman Sachs Group Inc348,038$85.3M0.01%−108,861−23.8%Reduced
Bank of America Corp342,099$83.8M0.01%+177,781+108.2%Added
Norges Bank341,082$83.5M0.01%+7,814+2.3%Added
Northern Trust Corp328,477$80.5M0.01%−8,428−2.5%Reduced
Charles Schwab Investment Management Inc327,601$80.2M0.01%−17,185−5.0%Reduced
Kayne Anderson Rudnick Investment Management LLC289,565$70.9M0.17%−2,072−0.7%Reduced
Bank of New York Mellon Corp285,465$69.9M0.01%−25,129−8.1%Reduced
Price T Rowe Associates Inc258,815$63.4M0.01%+952+0.4%Added
Pictet Asset Management Holding SA254,446$62.3M0.06%+9,919+4.1%Added
Mirae Asset Global ETFs Holdings Ltd.246,421$60.4M0.12%−3,962−1.6%Reduced
Boston Trust Walden Corp229,741$56.3M0.40%−5,340−2.3%Reduced
Bowen Hanes & Co Inc227,390$55.7M1.41%+3,340+1.5%Added
Ameriprise Financial Inc200,730$49.2M0.01%+5,382+2.8%Added
First Trust Advisors LP199,300$48.8M0.04%−8,706−4.2%Reduced
Amundi201,338$48.4M0.02%+8,531+4.4%Added
D. E. Shaw & Co., Inc.195,307$47.8M0.05%+87,839+81.7%Added
UBS Group AG192,942$47.3M0.01%+37,522+24.1%Added
Royal Bank of Canada180,644$44.2M0.01%+27,876+18.2%Added
Belpointe Asset Management LLC179,017$43.9M1.83%+560.0%Added
Lord, Abbett & Co. LLC178,301$43.7M0.14%+178,301New
Renaissance Technologies LLC166,800$40.9M0.05%−17,000−9.2%Reduced
Brown Capital Management LLC163,678$40.1M1.17%+22,297+15.8%Added
Principal Financial Group Inc158,762$38.9M0.02%+3,788+2.4%Added
FMR LLC157,729$38.6M0.00%−661−0.4%Reduced
Legal & General Group Plc154,694$37.9M0.01%+10,378+7.2%Added
DekaBank Deutsche Girozentrale137,060$34.3M0.06%00.0%Unchanged
Allianz Asset Management GmbH137,690$33.7M0.05%−68,208−33.1%Reduced
UBS Asset Management Americas Inc137,259$33.6M0.01%−167,780−55.0%Reduced
Qube Research & Technologies Ltd135,195$33.1M0.05%+2,313+1.7%Added
Rhumbline Advisers135,070$33.1M0.03%+3,219+2.4%Added
Nuveen, LLC133,093$32.6M0.01%−101,940−43.4%Reduced
Standard Life Aberdeen plc113,478$27.9M0.05%+113,478New
Mairs & Power Inc111,377$27.3M0.27%−4,513−3.9%Reduced
Rockefeller Capital Management L.P.110,302$27.0M0.06%−5,752−5.0%Reduced
Comerica Bank105,381$25.8M0.10%+17,843+20.4%Added
Gabelli Funds LLC102,400$25.1M0.18%−1,400−1.3%Reduced
Storebrand Asset Management AS101,911$25.0M0.07%+6,784+7.1%Added
Squarepoint Ops LLC101,231$24.8M0.05%−112,179−52.6%Reduced
Public Sector Pension Investment Board100,435$24.6M0.11%+7,184+7.7%Added
Arrowstreet Capital, Limited Partnership100,300$24.6M0.02%−48,473−32.6%Reduced
Agf Management Ltd97,363$23.8M0.11%+43,315+80.1%Added
Gamco Investors, Inc. Et Al93,825$23.0M0.23%−350−0.4%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC91,969$22.5M0.07%+91,969New
Raymond James Financial Inc89,641$22.0M0.01%−1,495−1.6%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)88,261$21.6M0.05%+4,891+5.9%Added
Rodgers Brothers Inc.86,861$21.3M2.68%−850−1.0%Reduced
EULAV Asset Management84,700$20.7M0.49%+3,000+3.7%Added
Barclays PLC83,529$20.5M0.01%+21,982+35.7%Added
Ofi Invest Asset Management95,033$19.8M0.49%+95,033New
New York State Common Retirement Fund76,581$18.8M0.02%+8,997+13.3%Added
Man Group plc70,525$17.3M0.04%+2,143+3.1%Added
Bessemer Group Inc70,368$17.2M0.03%+70,290+90,115.4%Added
Toroso Investments, LLC70,289$17.2M0.11%−7,754−9.9%Reduced
Congress Wealth Management LLC66,221$16.2M0.16%−223−0.3%Reduced
Triodos Investment Management BV65,000$15.9M1.20%00.0%Unchanged
Tudor Investment Corp Et Al64,036$15.7M0.12%+10,426+19.4%Added
Wells Fargo & Company62,809$15.4M0.00%−584−0.9%Reduced
Commonwealth Equity Services, LLC62,101$15.2M0.02%+1,861+3.1%Added
Deutsche Bank AG62,036$15.2M0.01%−18,987−23.4%Reduced
Oberweis Asset Management Inc59,910$14.7M0.64%+59,910New
Envestnet Asset Management Inc58,972$14.4M0.00%−1,317−2.2%Reduced
Jane Street Group, LLC58,618$14.4M0.02%−76,097−56.5%Reduced
Voloridge Investment Management, LLC58,170$14.2M0.05%+14,101+32.0%Added
ProShare Advisors LLC57,828$14.2M0.03%−13,348−18.8%Reduced
Swiss National Bank56,200$13.8M0.01%−800−1.4%Reduced
Natixis Advisors, L.P.53,603$13.1M0.02%−273−0.5%Reduced
Duff & Phelps Investment Management Co53,563$13.1M0.15%00.0%Unchanged
Capital World Investors53,299$13.1M0.00%+53,299New
Perpetual Ltd52,426$12.8M0.15%−6,677−11.3%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH51,258$12.6M0.02%−14,053−21.5%Reduced
Jump Financial, LLC50,410$12.3M0.15%+12,977+34.7%Added
California Public Employees Retirement System50,225$12.3M0.01%+5,041+11.2%Added
Warren Averett Asset Management, LLC49,886$12.2M0.13%−2,152−4.1%Reduced
Swiss Life Asset Management Ltd49,392$12.1M0.07%+1,771+3.7%Added
Select Equity Group, L.P.49,124$12.0M0.05%+11,585+30.9%Added
UniSuper Management Pty Ltd48,627$11.9M0.08%+19,524+67.1%Added
Mirova48,417$11.9M1.67%+23,274+92.6%Added
Franklin Resources Inc48,190$11.8M0.00%+28,779+148.3%Added
Danske Bank A/S48,057$11.8M0.03%+38,369+396.0%Added
Victory Capital Management Inc47,307$11.6M0.01%−10,992−18.9%Reduced
Alps Advisors Inc44,408$10.9M0.06%+1,538+3.6%Added
RMB Capital Management, LLC43,303$10.6M0.20%−4,080−8.6%Reduced
Edgestream Partners, L.P.42,072$10.3M0.29%+6,496+18.3%Added
LPL Financial LLC41,483$10.2M0.00%+4,778+13.0%Added
OP Asset Management Ltd41,467$10.2M0.15%+2,717+7.0%Added
Alliancebernstein L.P.39,146$9.59M0.00%+1,276+3.4%Added
Cerity Partners LLC37,945$9.29M0.02%−4,303−10.2%Reduced
Great West Life Assurance Co36,771$9.02M0.01%−2,710−6.9%Reduced
Susquehanna International Group, LLP36,617$8.97M0.01%+385+1.1%Added