Skip to main content

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
Cardinal Capital Management22,204$5.44M0.80%−92−0.4%Reduced
Lazard Asset Management LLC22,653$5.55M0.01%+6,600+41.1%Added
Creative Planning22,847$5.60M0.00%+4,998+28.0%Added
Northstar Asset Management Inc23,082$5.65M1.56%+166+0.7%Added
Teacher Retirement System of Texas23,310$5.71M0.02%−6,457−21.7%Reduced
EAM Investors, LLC23,427$5.74M0.87%+23,427New
Dorsey & Whitney Trust CO LLC24,126$5.91M0.31%−1,687−6.5%Reduced
Bridge City Capital, LLC24,170$5.92M1.66%−4,032−14.3%Reduced
Harbor Capital Advisors, Inc.24,364$5.97M0.25%+18,385+307.5%Added
Assenagon Asset Management S.A.24,750$6.06M0.01%−23,075−48.2%Reduced
Truist Financial Corp24,784$6.07M0.01%+1,088+4.6%Added
State of Wisconsin Investment Board24,818$6.08M0.01%−1,229−4.7%Reduced
Skandinaviska Enskilda Banken AB (publ)24,921$6.10M0.03%−1,134−4.4%Reduced
BNP Paribas Arbitrage, SA25,284$6.19M0.00%+5,191+25.8%Added
Ci Investments Inc.25,397$6.22M0.02%−5,139−16.8%Reduced
Hennion & Walsh Asset Management, Inc.26,185$6.41M0.26%+152+0.6%Added
Advisors Asset Management, Inc.26,723$6.55M0.12%−927−3.4%Reduced
Baird Financial Group, Inc.26,904$6.59M0.01%−2,454−8.4%Reduced
California State Teachers Retirement System27,191$6.66M0.01%00.0%Unchanged
US Bancorp27,559$6.75M0.01%+124+0.5%Added
Lombard Odier Asset Management (USA) Corp27,760$6.80M1.70%+4,579+19.8%Added
Citigroup Inc28,075$6.88M0.00%−17,403−38.3%Reduced
KLP Kapitalforvaltning AS28,400$6.96M0.03%−6,600−18.9%Reduced
Rathbone Brothers plc28,539$6.99M0.03%00.0%Unchanged
Erste Asset Management GmbH29,735$7.31M0.06%−854−2.8%Reduced
Intech Investment Management LLC29,984$7.34M0.07%−4,107−12.0%Reduced
Los Angeles Capital Management LLC30,175$7.39M0.03%−126−0.4%Reduced
Prudential Financial Inc34,231$7.43M0.01%+173+0.5%Added
Millennium Management LLC31,331$7.67M0.01%−97,630−75.7%Reduced
T. Rowe Price Investment Management, Inc.31,536$7.72M0.00%+31,536New
Van Eck Associates Corp32,089$7.86M0.01%−4,226−11.6%Reduced
Palisades Investment Partners, LLC33,669$8.25M3.61%−935−2.7%Reduced
Bryn Mawr Trust Co34,974$8.57M0.15%−1,513−4.1%Reduced
Janus Henderson Group PLC35,127$8.61M0.00%−582−1.6%Reduced
Axiom Investors LLC35,912$8.80M0.07%−6,831−16.0%Reduced
Candriam Luxembourg S.C.A.35,964$8.81M0.05%−264−0.7%Reduced
Susquehanna International Group, LLP36,617$8.97M0.01%+385+1.1%Added
Great West Life Assurance Co36,771$9.02M0.01%−2,710−6.9%Reduced
Cerity Partners LLC37,945$9.29M0.02%−4,303−10.2%Reduced
Alliancebernstein L.P.39,146$9.59M0.00%+1,276+3.4%Added
OP Asset Management Ltd41,467$10.2M0.15%+2,717+7.0%Added
LPL Financial LLC41,483$10.2M0.00%+4,778+13.0%Added
Edgestream Partners, L.P.42,072$10.3M0.29%+6,496+18.3%Added
RMB Capital Management, LLC43,303$10.6M0.20%−4,080−8.6%Reduced
Alps Advisors Inc44,408$10.9M0.06%+1,538+3.6%Added
Victory Capital Management Inc47,307$11.6M0.01%−10,992−18.9%Reduced
Danske Bank A/S48,057$11.8M0.03%+38,369+396.0%Added
Franklin Resources Inc48,190$11.8M0.00%+28,779+148.3%Added
Mirova48,417$11.9M1.67%+23,274+92.6%Added
UniSuper Management Pty Ltd48,627$11.9M0.08%+19,524+67.1%Added
Select Equity Group, L.P.49,124$12.0M0.05%+11,585+30.9%Added
Swiss Life Asset Management Ltd49,392$12.1M0.07%+1,771+3.7%Added
Warren Averett Asset Management, LLC49,886$12.2M0.13%−2,152−4.1%Reduced
California Public Employees Retirement System50,225$12.3M0.01%+5,041+11.2%Added
Jump Financial, LLC50,410$12.3M0.15%+12,977+34.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH51,258$12.6M0.02%−14,053−21.5%Reduced
Perpetual Ltd52,426$12.8M0.15%−6,677−11.3%Reduced
Capital World Investors53,299$13.1M0.00%+53,299New
Duff & Phelps Investment Management Co53,563$13.1M0.15%00.0%Unchanged
Natixis Advisors, L.P.53,603$13.1M0.02%−273−0.5%Reduced
Swiss National Bank56,200$13.8M0.01%−800−1.4%Reduced
ProShare Advisors LLC57,828$14.2M0.03%−13,348−18.8%Reduced
Voloridge Investment Management, LLC58,170$14.2M0.05%+14,101+32.0%Added
Jane Street Group, LLC58,618$14.4M0.02%−76,097−56.5%Reduced
Envestnet Asset Management Inc58,972$14.4M0.00%−1,317−2.2%Reduced
Oberweis Asset Management Inc59,910$14.7M0.64%+59,910New
Deutsche Bank AG62,036$15.2M0.01%−18,987−23.4%Reduced
Commonwealth Equity Services, LLC62,101$15.2M0.02%+1,861+3.1%Added
Wells Fargo & Company62,809$15.4M0.00%−584−0.9%Reduced
Tudor Investment Corp Et Al64,036$15.7M0.12%+10,426+19.4%Added
Triodos Investment Management BV65,000$15.9M1.20%00.0%Unchanged
Congress Wealth Management LLC66,221$16.2M0.16%−223−0.3%Reduced
Toroso Investments, LLC70,289$17.2M0.11%−7,754−9.9%Reduced
Bessemer Group Inc70,368$17.2M0.03%+70,290+90,115.4%Added
Man Group plc70,525$17.3M0.04%+2,143+3.1%Added
New York State Common Retirement Fund76,581$18.8M0.02%+8,997+13.3%Added
Ofi Invest Asset Management95,033$19.8M0.49%+95,033New
Barclays PLC83,529$20.5M0.01%+21,982+35.7%Added
EULAV Asset Management84,700$20.7M0.49%+3,000+3.7%Added
Rodgers Brothers Inc.86,861$21.3M2.68%−850−1.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)88,261$21.6M0.05%+4,891+5.9%Added
Raymond James Financial Inc89,641$22.0M0.01%−1,495−1.6%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC91,969$22.5M0.07%+91,969New
Gamco Investors, Inc. Et Al93,825$23.0M0.23%−350−0.4%Reduced
Agf Management Ltd97,363$23.8M0.11%+43,315+80.1%Added
Arrowstreet Capital, Limited Partnership100,300$24.6M0.02%−48,473−32.6%Reduced
Public Sector Pension Investment Board100,435$24.6M0.11%+7,184+7.7%Added
Squarepoint Ops LLC101,231$24.8M0.05%−112,179−52.6%Reduced
Storebrand Asset Management AS101,911$25.0M0.07%+6,784+7.1%Added
Gabelli Funds LLC102,400$25.1M0.18%−1,400−1.3%Reduced
Comerica Bank105,381$25.8M0.10%+17,843+20.4%Added
Rockefeller Capital Management L.P.110,302$27.0M0.06%−5,752−5.0%Reduced
Mairs & Power Inc111,377$27.3M0.27%−4,513−3.9%Reduced
Standard Life Aberdeen plc113,478$27.9M0.05%+113,478New
Nuveen, LLC133,093$32.6M0.01%−101,940−43.4%Reduced
Rhumbline Advisers135,070$33.1M0.03%+3,219+2.4%Added
Qube Research & Technologies Ltd135,195$33.1M0.05%+2,313+1.7%Added
UBS Asset Management Americas Inc137,259$33.6M0.01%−167,780−55.0%Reduced
Allianz Asset Management GmbH137,690$33.7M0.05%−68,208−33.1%Reduced
DekaBank Deutsche Girozentrale137,060$34.3M0.06%00.0%Unchanged