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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 483 | $4.86B |
| Q1 2026 | 477 | $4.63B |
| Q4 2025 | 490 | $5.17B |
| Q3 2025 | 480 | $5.06B |
| Q2 2025 | 536 | $6.92B |
| Q1 2025 | 497 | $5.33B |
| Q4 2024 | 490 | $5.72B |
| Q3 2024 | 477 | $5.75B |
| Q2 2024 | 451 | $4.90B |
| Q1 2024 | 415 | $4.25B |
| Q4 2023 | 395 | $4.06B |
| Q3 2023 | 374 | $3.77B |
| Q2 2023 | 355 | $3.82B |
| Q1 2023 | 324 | $3.13B |
| Q4 2022 | 310 | $2.74B |
| Q3 2022 | 281 | $2.37B |
| Q2 2022 | 272 | $2.07B |
| Q1 2022 | 286 | $2.53B |
| Q4 2021 | 273 | $3.05B |
| Q3 2021 | 257 | $2.56B |
| Q2 2021 | 249 | $2.48B |
| Q1 2021 | 263 | $2.36B |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Candriam Luxembourg S.C.A. | 35,964 | $8.81M | 0.05% | −264−0.7% | Reduced |
| Axiom Investors LLC | 35,912 | $8.80M | 0.07% | −6,831−16.0% | Reduced |
| Janus Henderson Group PLC | 35,127 | $8.61M | 0.00% | −582−1.6% | Reduced |
| Bryn Mawr Trust Co | 34,974 | $8.57M | 0.15% | −1,513−4.1% | Reduced |
| Palisades Investment Partners, LLC | 33,669 | $8.25M | 3.61% | −935−2.7% | Reduced |
| Van Eck Associates Corp | 32,089 | $7.86M | 0.01% | −4,226−11.6% | Reduced |
| T. Rowe Price Investment Management, Inc. | 31,536 | $7.72M | 0.00% | +31,536 | New |
| Millennium Management LLC | 31,331 | $7.67M | 0.01% | −97,630−75.7% | Reduced |
| Prudential Financial Inc | 34,231 | $7.43M | 0.01% | +173+0.5% | Added |
| Los Angeles Capital Management LLC | 30,175 | $7.39M | 0.03% | −126−0.4% | Reduced |
| Intech Investment Management LLC | 29,984 | $7.34M | 0.07% | −4,107−12.0% | Reduced |
| Erste Asset Management GmbH | 29,735 | $7.31M | 0.06% | −854−2.8% | Reduced |
| Rathbone Brothers plc | 28,539 | $6.99M | 0.03% | 00.0% | Unchanged |
| KLP Kapitalforvaltning AS | 28,400 | $6.96M | 0.03% | −6,600−18.9% | Reduced |
| Citigroup Inc | 28,075 | $6.88M | 0.00% | −17,403−38.3% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 27,760 | $6.80M | 1.70% | +4,579+19.8% | Added |
| US Bancorp | 27,559 | $6.75M | 0.01% | +124+0.5% | Added |
| California State Teachers Retirement System | 27,191 | $6.66M | 0.01% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 26,904 | $6.59M | 0.01% | −2,454−8.4% | Reduced |
| Advisors Asset Management, Inc. | 26,723 | $6.55M | 0.12% | −927−3.4% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 26,185 | $6.41M | 0.26% | +152+0.6% | Added |
| Ci Investments Inc. | 25,397 | $6.22M | 0.02% | −5,139−16.8% | Reduced |
| BNP Paribas Arbitrage, SA | 25,284 | $6.19M | 0.00% | +5,191+25.8% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 24,921 | $6.10M | 0.03% | −1,134−4.4% | Reduced |
| State of Wisconsin Investment Board | 24,818 | $6.08M | 0.01% | −1,229−4.7% | Reduced |
| Truist Financial Corp | 24,784 | $6.07M | 0.01% | +1,088+4.6% | Added |
| Assenagon Asset Management S.A. | 24,750 | $6.06M | 0.01% | −23,075−48.2% | Reduced |
| Harbor Capital Advisors, Inc. | 24,364 | $5.97M | 0.25% | +18,385+307.5% | Added |
| Bridge City Capital, LLC | 24,170 | $5.92M | 1.66% | −4,032−14.3% | Reduced |
| Dorsey & Whitney Trust CO LLC | 24,126 | $5.91M | 0.31% | −1,687−6.5% | Reduced |
| EAM Investors, LLC | 23,427 | $5.74M | 0.87% | +23,427 | New |
| Teacher Retirement System of Texas | 23,310 | $5.71M | 0.02% | −6,457−21.7% | Reduced |
| Northstar Asset Management Inc | 23,082 | $5.65M | 1.56% | +166+0.7% | Added |
| Creative Planning | 22,847 | $5.60M | 0.00% | +4,998+28.0% | Added |
| Lazard Asset Management LLC | 22,653 | $5.55M | 0.01% | +6,600+41.1% | Added |
| Cardinal Capital Management | 22,204 | $5.44M | 0.80% | −92−0.4% | Reduced |
| Campbell & CO Investment Adviser LLC | 22,117 | $5.42M | 0.34% | +22,117 | New |
| Thrivent Financial for Lutherans | 21,657 | $5.30M | 0.01% | +54+0.2% | Added |
| SEI Investments Co | 20,494 | $5.02M | 0.01% | +1,736+9.3% | Added |
| AQR Capital Management LLC | 20,233 | $4.96M | 0.00% | −14,882−42.4% | Reduced |
| American Century Companies Inc | 19,320 | $4.73M | 0.00% | +1,909+11.0% | Added |
| HSBC Holdings PLC | 19,036 | $4.68M | 0.00% | −2,777−12.7% | Reduced |
| Trillium Asset Management, LLC | 19,084 | $4.68M | 0.13% | −545−2.8% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 19,189 | $4.66M | 0.01% | −44−0.2% | Reduced |
| EAM Global Investors LLC | 18,745 | $4.59M | 1.19% | +18,745 | New |
| Voya Investment Management LLC | 17,994 | $4.41M | 0.00% | +184+1.0% | Added |
| XXEC, Inc. | 17,748 | $4.35M | 3.49% | −741−4.0% | Reduced |
| Montanaro Asset Management Ltd | 17,600 | $4.31M | 1.11% | −2,900−14.1% | Reduced |
| State of Alaska, Department of Revenue | 17,544 | $4.30M | 0.05% | +1,247+7.7% | Added |
| Zacks Investment Management | 17,259 | $4.23M | 0.04% | −385−2.2% | Reduced |
| Old Second National Bank of Aurora | 16,749 | $4.10M | 0.90% | −270−1.6% | Reduced |
| Donaldson Capital Management, LLC | 16,469 | $4.03M | 0.15% | +110+0.7% | Added |
| Manufacturers Life Insurance Company, The | 16,095 | $3.94M | 0.00% | −760−4.5% | Reduced |
| AXA S.A. | 16,090 | $3.94M | 0.01% | −15,062−48.4% | Reduced |
| Illinois Municipal Retirement Fund | 16,010 | $3.92M | 0.05% | +337+2.2% | Added |
| Farrow Financial Inc. | 15,850 | $3.88M | 2.36% | −3,017−16.0% | Reduced |
| Monument Capital Management | 15,588 | $3.82M | 0.99% | +60+0.4% | Added |
| KBC Group NV | 15,490 | $3.79M | 0.01% | −18,573−54.5% | Reduced |
| Verition Fund Management LLC | 15,485 | $3.79M | 0.02% | +5,957+62.5% | Added |
| Algert Global LLC | 15,233 | $3.73M | 0.08% | −43,406−74.0% | Reduced |
| Summit Financial, LLC | 15,182 | $3.72M | 0.08% | +414+2.8% | Added |
| Tower View Investment Management & Research LLC | 14,746 | $3.61M | 1.87% | +73+0.5% | Added |
| Capital Fund Management S.A. | 14,561 | $3.57M | 0.04% | −10,620−42.2% | Reduced |
| Russell Investments Group, Ltd. | 14,499 | $3.55M | 0.00% | −4,071−21.9% | Reduced |
| Aquatic Capital Management LLC | 14,400 | $3.53M | 0.07% | +10,479+267.3% | Added |
| State of Tennessee, Treasury Department | 14,281 | $3.50M | 0.01% | −1,804−11.2% | Reduced |
| Segall Bryant & Hamill, LLC | 13,904 | $3.41M | 0.05% | +3,284+30.9% | Added |
| Louisiana State Employees Retirement System | 13,800 | $3.38M | 0.06% | −100−0.7% | Reduced |
| Marietta Investment Partners LLC | 13,785 | $3.38M | 0.74% | +350+2.6% | Added |
| Castleark Management LLC | 13,490 | $3.30M | 0.10% | +13,490 | New |
| Vident Advisory, LLC | 13,124 | $3.21M | 0.04% | −12,121−48.0% | Reduced |
| Cavalier Investments, LLC | 13,124 | $3.21M | 0.97% | −253−1.9% | Reduced |
| Brevan Howard Capital Management LP | 13,075 | $3.20M | 0.04% | +3,787+40.8% | Added |
| Linden Thomas Advisory Services, LLC | 12,875 | $3.15M | 0.35% | −125−1.0% | Reduced |
| Annex Advisory Services, LLC | 12,838 | $3.14M | 0.08% | −50−0.4% | Reduced |
| Davy Global Fund Management Ltd | 12,503 | $3.06M | 0.27% | −1,151−8.4% | Reduced |
| Bank of Montreal | 12,318 | $3.02M | 0.00% | −2,859−18.8% | Reduced |
| Bridges Investment Management Inc | 12,276 | $3.01M | 0.04% | +1,547+14.4% | Added |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 12,213 | $2.99M | 0.10% | −166−1.3% | Reduced |
| Yousif Capital Management, LLC | 12,018 | $2.94M | 0.03% | +144+1.2% | Added |
| The PNC Financial Services Group, Inc. | 11,968 | $2.93M | 0.00% | −5,375−31.0% | Reduced |
| Martingale Asset Management L P | 11,941 | $2.92M | 0.07% | −1,099−8.4% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 11,814 | $2.89M | 0.00% | +1,500+14.5% | Added |
| New York State Teachers Retirement System | 11,734 | $2.87M | 0.01% | +100+0.9% | Added |
| Argent Capital Management LLC | 11,370 | $2.79M | 0.08% | +11,370 | New |
| PDT Partners, LLC | 11,036 | $2.70M | 0.15% | 00.0% | Unchanged |
| Carderock Capital Management Inc | 10,790 | $2.64M | 0.68% | +10,790 | New |
| Wellington Management Group LLP | 10,755 | $2.63M | 0.00% | −4,424−29.1% | Reduced |
| Stifel Financial Corp | 10,448 | $2.56M | 0.00% | −68−0.6% | Reduced |
| Oak Ridge Investments LLC | 10,209 | $2.50M | 0.18% | −398−3.8% | Reduced |
| Handelsbanken Fonder AB | 9,834 | $2.41M | 0.01% | +85+0.9% | Added |
| Pathstone Holdings, LLC | 9,678 | $2.37M | 0.01% | +836+9.5% | Added |
| Engineers Gate Manager LP | 9,526 | $2.33M | 0.03% | −4,062−29.9% | Reduced |
| State of New Jersey Common Pension Fund D | 9,381 | $2.30M | 0.01% | 00.0% | Unchanged |
| Cim, LLC | 9,284 | $2.27M | 0.31% | −363−3.8% | Reduced |
| Zions Bancorporation, National Association | 9,203 | $2.25M | 0.12% | −1,877−16.9% | Reduced |
| Coldstream Capital Management Inc | 9,011 | $2.21M | 0.04% | +186+2.1% | Added |
| Ensign Peak Advisors, Inc | 8,748 | $2.14M | 0.00% | −1,250−12.5% | Reduced |
| Empowered Funds, LLC | 8,740 | $2.14M | 0.02% | +6,396+272.9% | Added |
| Teachers Retirement System of the State of Kentucky | 8,693 | $2.13M | 0.02% | −613−6.6% | Reduced |