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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
MAI Capital Management260$63.7K0.00%+95+57.6%Added
Penserra Capital Management LLC270$66.0K0.00%+270New
GeoWealth Management, LLC310$75.9K0.00%+310New
Catalyst Capital Advisors LLC325$79.6K0.00%+325New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.341$84.0K0.00%+341New
Asset Management One Co.,Ltd.378$92.6K0.00%−4,139−91.6%Reduced
Trust Co of Vermont400$98.0K0.00%00.0%Unchanged
Gitterman Wealth Management, LLC423$103.6K0.02%+423New
Harbour Investments, Inc.424$103.9K0.00%00.0%Unchanged
AdvisorNet Financial, Inc530$129.8K0.01%+10+1.9%Added
Smartleaf Asset Management LLC562$138.3K0.01%−21−3.6%Reduced
IFP Advisors, Inc470$141.3K0.00%−68−12.6%Reduced
Bank Julius Baer & Co. Ltd, Zurich600$147.0K0.00%00.0%Unchanged
Signaturefd, LLC617$151.1K0.00%−65−9.5%Reduced
State of Wyoming650$159.2K0.02%+650New
Northwestern Mutual Wealth Management Co653$160.0K0.00%+35+5.7%Added
Pacific Center for Financial Services673$164.9K0.04%00.0%Unchanged
BI Asset Management Fondsmaeglerselskab A/S683$167.0K0.00%−1,094−61.6%Reduced
Global Retirement Partners, LLC754$184.6K0.00%+754New
GHP Investment Advisors, Inc.773$189.3K0.01%00.0%Unchanged
Lowe Wealth Advisors, LLC780$191.1K0.07%00.0%Unchanged
Contravisory Investment Management, Inc.782$191.6K0.04%00.0%Unchanged
Archer Investment Corp785$192.3K0.05%+245+45.4%Added
Public Employees Retirement System of Ohio791$193.8K0.00%−8−1.0%Reduced
GAMMA Investing LLC799$195.7K0.01%−79−9.0%Reduced
M&T Bank Corp817$200.1K0.00%+817New
Financial Advisory Service, Inc.822$201.3K0.01%+822New
Greenleaf Trust825$202.1K0.00%+825New
Wetherby Asset Management Inc829$203.1K0.01%+829New
Close Asset Management Ltd837$205.0K0.01%−4−0.5%Reduced
Glenmede Investment Management, LP843$206.5K0.00%+843New
CWM, LLC869$213.0K0.00%−209−19.4%Reduced
Y-Intercept (Hong Kong) Ltd875$214.3K0.01%+875New
626 Financial, LLC880$215.6K0.10%+880New
RWC Asset Management LLP884$216.5K0.01%+884New
Jag Capital Management, LLC890$218.0K0.02%+890New
Planning Center, Inc.901$220.7K0.02%+901New
Versor Investments LP903$221.2K0.04%+903New
Atria Wealth Solutions, Inc.935$229.0K0.01%−2,243−70.6%Reduced
CIBC Asset Management Inc948$232.2K0.00%+948New
Federation des caisses Desjardins du Quebec954$233.7K0.00%00.0%Unchanged
Clearstead Advisors, LLC973$238.3K0.00%+252+35.0%Added
Fifth Third Wealth Advisors LLC981$240.3K0.01%+981New
AE Wealth Management LLC995$244.0K0.00%−96−8.8%Reduced
Associated Banc-Corp1,000$244.9K0.01%+1,000New
Security National Bank of So Dak1,000$244.9K0.13%+1,000New
WSFS Capital Management, LLC1,007$246.7K0.01%+1,007New
Sage Rhino Capital LLC1,010$247.4K0.05%+1,010New
Strong Tower Advisory Services1,018$249.4K0.05%+1,018New
Pacific Sun Financial Corp1,020$249.8K0.13%+1,020New
Hodges Capital Management Inc.1,025$251.1K0.02%+1,025New
Savant Capital, LLC1,033$253.0K0.00%+1,033New
Parallel Advisors, LLC1,039$254.5K0.01%+60+6.1%Added
Gallacher Capital Management LLC1,039$254.5K0.12%+1,039New
Park Capital Management, LLC1,061$259.8K0.24%−258−19.6%Reduced
Callan Family Office, LLC1,061$259.9K0.01%+1,061New
Capstone Investment Advisors, LLC1,063$260.4K0.00%+1,063New
FIL Ltd1,067$261.4K0.00%00.0%Unchanged
Covestor Ltd1,070$262.0K0.15%+52+5.1%Added
Institute for Wealth Management, LLC.1,077$263.9K0.03%−62−5.4%Reduced
QRG Capital Management, Inc.1,081$264.8K0.00%+1,081New
Apollon Wealth Management, LLC1,082$265.0K0.01%+1,082New
Seeds Investor LLC1,125$275.5K0.06%−1−0.1%Reduced
Fox Run Management, L.L.C.1,138$278.8K0.05%−2,030−64.1%Reduced
Lebenthal Global Advisors, LLC1,140$279.3K0.05%+1,140New
Farringdon Capital, Ltd.1,153$282.4K0.09%+1,153New
Wiley Bros.-Aintree Capital, LLC1,160$284.1K0.00%+1,160New
Pacer Advisors, Inc.1,187$290.8K0.00%+265+28.7%Added
Financiere des Professionnels - Fonds d,investissement inc.1,196$293.0K0.02%+1,196New
Allianz SE1,212$296.9K0.01%+1,212New
RSM US Wealth Management LLC1,235$302.5K0.00%−126−9.3%Reduced
Pinnacle Wealth Planning Services, Inc.1,235$302.5K0.04%+1,235New
Stratos Wealth Partners, LTD.1,248$305.7K0.00%−86−6.4%Reduced
Nisa Investment Advisors, LLC1,287$315.3K0.00%−5−0.4%Reduced
Journey Strategic Wealth LLC1,296$317.5K0.01%+57+4.6%Added
Graham Capital Management, L.P.1,305$319.7K0.01%−2,431−65.1%Reduced
Shelton Capital Management1,375$336.8K0.01%−35−2.5%Reduced
Virginia Retirement Systems Et Al1,400$342.9K0.00%+300+27.3%Added
New Age Alpha Advisors, LLC1,441$353.0K0.02%−62−4.1%Reduced
Profund Advisors LLC1,472$360.6K0.01%+89+6.4%Added
Millstone Evans Group, LLC1,490$365.0K0.25%00.0%Unchanged
CIBC Private Wealth Group, LLC1,497$366.7K0.00%+886+145.0%Added
Nvest Financial, LLC1,500$367.4K0.19%00.0%Unchanged
Diversify Advisory Services, LLC1,912$367.6K0.01%+178+10.3%Added
Advisory Services Network, LLC1,950$368.0K0.01%+1,950New
Glen Eagle Advisors, LLC1,564$383.1K0.06%00.0%Unchanged
Scientech Research LLC1,576$386.0K0.09%+446+39.5%Added
Resona Asset Management Co.,Ltd.1,586$389.8K0.00%+1,586New
Inspire Advisors, LLC1,595$390.7K0.04%+304+23.5%Added
KLCM Advisors, Inc.1,600$391.9K0.04%00.0%Unchanged
Rock Point Advisors, LLC1,600$391.9K0.11%00.0%Unchanged
Two Sigma Advisers, LP1,600$391.9K0.00%+200+14.3%Added
Yorktown Management & Research Co Inc1,650$404.2K0.39%00.0%Unchanged
Northside Capital Management, LLC1,650$404.2K0.03%00.0%Unchanged
apricus wealth, LLC1,654$405.1K0.24%00.0%Unchanged
EntryPoint Capital, LLC1,669$408.8K0.20%−1,905−53.3%Reduced
Susquehanna Portfolio Strategies, LLC1,694$414.9K0.01%+1,694New
Burney Co1,715$420.1K0.01%−100−5.5%Reduced
Mackenzie Financial Corp1,769$433.3K0.00%00.0%Unchanged
Dundas Partners LLP8,444$434.4K0.03%+6,855+431.4%Added