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 |
|---|---|---|---|---|---|
| Maryland State Retirement & Pension System | 8,649 | $2.12M | 0.05% | +54+0.6% | Added |
| Nebula Research & Development LLC | 8,637 | $2.12M | 0.18% | −3,900−31.1% | Reduced |
| Arizona State Retirement System | 8,583 | $2.10M | 0.01% | +146+1.7% | Added |
| Steward Partners Investment Advisory, LLC | 8,573 | $2.10M | 0.02% | +6,965+433.1% | Added |
| We Are One Seven, LLC | 8,469 | $2.07M | 0.07% | +1,297+18.1% | Added |
| Amalgamated Bank | 8,382 | $2.05M | 0.02% | +10.0% | Added |
| Union Bancaire Privee, UBP SA | 8,167 | $2.02M | 0.03% | −379−4.4% | Reduced |
| Quantbot Technologies LP | 8,208 | $2.01M | 0.05% | −3,030−27.0% | Reduced |
| Gallo Partners, LP | 8,151 | $2.00M | 1.31% | −1,123−12.1% | Reduced |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 7,904 | $1.94M | 0.72% | +514+7.0% | Added |
| Essex Investment Management Co LLC | 7,877 | $1.93M | 0.35% | −5,921−42.9% | Reduced |
| Values First Advisors, Inc. | 7,679 | $1.88M | 1.02% | −1,060−12.1% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 7,562 | $1.85M | 0.01% | +524+7.4% | Added |
| DnB Asset Management AS | 7,216 | $1.77M | 0.01% | +2,300+46.8% | Added |
| Mercer Global Advisors Inc | 7,202 | $1.76M | 0.00% | −341−4.5% | Reduced |
| Consolidated Planning Corp | 7,084 | $1.74M | 0.22% | +729+11.5% | Added |
| Johnson Financial Group, Inc. | 6,970 | $1.71M | 0.08% | −1,000−12.5% | Reduced |
| Caisse de Depot Et Placement du Quebec | 6,848 | $1.68M | 0.00% | −11,894−63.5% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 6,753 | $1.65M | 0.02% | +361+5.6% | Added |
| Oregon Public Employees Retirement Fund | 6,742 | $1.65M | 0.03% | −33−0.5% | Reduced |
| State Board of Administration of Florida Retirement System | 6,686 | $1.64M | 0.00% | +549+8.9% | Added |
| Ethic Inc. | 6,647 | $1.64M | 0.03% | +1,633+32.6% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 6,645 | $1.63M | 0.08% | −916−12.1% | Reduced |
| Royce & Associates LP | 6,499 | $1.59M | 0.02% | 00.0% | Unchanged |
| Caxton Associates LLP | 6,221 | $1.52M | 0.04% | +6,221 | New |
| Needham Investment Management LLC | 6,000 | $1.47M | 0.12% | −8,500−58.6% | Reduced |
| CWM Advisors, LLC | 5,938 | $1.45M | 0.16% | +3,759+172.5% | Added |
| TD Asset Management Inc | 5,900 | $1.45M | 0.00% | −2,200−27.2% | Reduced |
| Flputnam Investment Management Co | 5,865 | $1.44M | 0.02% | 00.0% | Unchanged |
| Mariner, LLC | 5,744 | $1.41M | 0.00% | −762−11.7% | Reduced |
| Gsa Capital Partners LLP | 5,649 | $1.38M | 0.10% | −1,610−22.2% | Reduced |
| HighTower Advisors, LLC | 5,634 | $1.38M | 0.00% | −1,091−16.2% | Reduced |
| CI Private Wealth, LLC | 5,528 | $1.35M | 0.00% | −348−5.9% | Reduced |
| JustInvest LLC | 5,514 | $1.35M | 0.02% | +265+5.0% | Added |
| O'Shaughnessy Asset Management, LLC | 5,491 | $1.35M | 0.01% | +1,193+27.8% | Added |
| Vestcor Inc | 5,483 | $1.34M | 0.04% | 00.0% | Unchanged |
| Lido Advisors, LLC | 5,373 | $1.32M | 0.01% | +651+13.8% | Added |
| Exchange Traded Concepts, LLC | 5,354 | $1.31M | 0.02% | −36−0.7% | Reduced |
| Integrated Quantitative Investments LLC | 5,280 | $1.29M | 0.38% | +5,280 | New |
| Marshall Wace, LLP | 5,275 | $1.29M | 0.00% | −10,691−67.0% | Reduced |
| River Street Advisors LLC | 5,233 | $1.28M | 0.55% | +294+6.0% | Added |
| Simplex Trading, LLC | 5,169 | $1.27M | 0.03% | +4,808+1,331.9% | Added |
| Mission Wealth Management, LP | 5,018 | $1.23M | 0.03% | −58−1.1% | Reduced |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 5,000 | $1.23M | 0.64% | 00.0% | Unchanged |
| Envestnet Portfolio Solutions, Inc. | 4,971 | $1.22M | 0.00% | +2,575+107.5% | Added |
| Gibbs Wealth Management | 4,875 | $1.19M | 0.23% | +700+16.8% | Added |
| Legato Capital Management LLC | 4,803 | $1.18M | 0.14% | −612−11.3% | Reduced |
| Oddo BHF Asset Management SAS | 4,759 | $1.17M | 0.04% | +4,759 | New |
| Advisor Group Holdings, Inc. | 4,675 | $1.15M | 0.00% | −363−7.2% | Reduced |
| Two Sigma Investments, LP | 4,680 | $1.15M | 0.00% | +4,680 | New |
| XTX Topco Ltd | 4,631 | $1.13M | 0.05% | −1,754−27.5% | Reduced |
| SG Americas Securities, LLC | 4,612 | $1.13M | 0.00% | +2,670+137.5% | Added |
| Robeco Institutional Asset Management B.V. | 4,566 | $1.12M | 0.00% | −508−10.0% | Reduced |
| Quadrature Capital Ltd | 4,534 | $1.11M | 0.02% | +1,313+40.8% | Added |
| Diversify Wealth Management, LLC | 5,749 | $1.11M | 0.07% | +507+9.7% | Added |
| Acadian Asset Management LLC | 4,504 | $1.10M | 0.00% | −20−0.4% | Reduced |
| Sequoia Financial Advisors, LLC | 4,492 | $1.10M | 0.01% | +21+0.5% | Added |
| Horizon Investments, LLC | 4,349 | $1.07M | 0.02% | +4,349 | New |
| Kesler, Norman & Wride, LLC | 4,225 | $1.04M | 0.18% | +48+1.1% | Added |
| Quadrant Capital Group LLC | 4,050 | $992.0K | 0.04% | +121+3.1% | Added |
| Numerai GP LLC | 3,997 | $979.1K | 0.14% | −209−5.0% | Reduced |
| Dakota Wealth Management | 3,976 | $974.0K | 0.02% | +3,976 | New |
| GWM Advisors LLC | 3,941 | $965.3K | 0.00% | +175+4.6% | Added |
| First Citizens Bank & Trust Co | 3,901 | $955.5K | 0.02% | +2,588+197.1% | Added |
| Jones Financial Companies LLLP | 3,867 | $951.3K | 0.00% | +743+23.8% | Added |
| Gotham Asset Management, LLC | 3,839 | $940.4K | 0.01% | −1,117−22.5% | Reduced |
| Scott Marsh Financial, LLC | 3,811 | $933.5K | 0.35% | +3,811 | New |
| Mutual of America Capital Management LLC | 3,784 | $926.9K | 0.01% | −499−11.7% | Reduced |
| STRS Ohio | 3,700 | $906.3K | 0.00% | +600+19.4% | Added |
| Arjuna Capital | 3,694 | $904.8K | 0.24% | −19−0.5% | Reduced |
| CIBC World Markets Corp | 3,658 | $896.0K | 0.01% | −2,864−43.9% | Reduced |
| Davenport & Co LLC | 3,588 | $878.8K | 0.00% | −37−1.0% | Reduced |
| Susquehanna Fundamental Investments, LLC | 3,506 | $858.8K | 0.02% | −15,384−81.4% | Reduced |
| Alliance Wealth Advisors, LLC | 3,506 | $858.8K | 0.21% | +56+1.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 3,459 | $847.0K | 0.00% | +728+26.7% | Added |
| Crossmark Global Holdings, Inc. | 3,398 | $832.3K | 0.01% | +289+9.3% | Added |
| Cynosure Management, LLC | 3,395 | $831.6K | 0.09% | −175−4.9% | Reduced |
| Schroder Investment Management Group | 3,388 | $829.9K | 0.00% | −1,421−29.5% | Reduced |
| Atria Investments LLC | 3,385 | $829.1K | 0.01% | +564+20.0% | Added |
| Public Employees Retirement Association of Colorado | 3,311 | $811.0K | 0.00% | −6−0.2% | Reduced |
| Tower Research Capital LLC (TRC) | 3,293 | $806.6K | 0.02% | +2,526+329.3% | Added |
| Teton Advisors, Inc. | 3,250 | $796.1K | 0.48% | 00.0% | Unchanged |
| PPS&V Asset Management Consultants, Inc. | 3,200 | $783.8K | 0.49% | 00.0% | Unchanged |
| Centiva Capital, LP | 3,161 | $774.3K | 0.05% | −1,560−33.0% | Reduced |
| Twinbeech Capital LP | 3,146 | $770.6K | 0.02% | +3,146 | New |
| Portside Wealth Group, LLC | 3,076 | $753.5K | 0.11% | +2+0.1% | Added |
| Shell Asset Management Co | 3,055 | $748.0K | 0.03% | +291+10.5% | Added |
| Vontobel Holding Ltd. | 3,024 | $740.7K | 0.00% | −3,824−55.8% | Reduced |
| Ameritas Investment Partners, Inc. | 3,008 | $736.8K | 0.02% | 00.0% | Unchanged |
| Corient IA LLC | 3,000 | $734.9K | 0.43% | 00.0% | Unchanged |
| Empirical Asset Management, LLC | 2,917 | $714.4K | 0.22% | +507+21.0% | Added |
| Evergreen Capital Management LLC | 2,880 | $705.5K | 0.02% | +23+0.8% | Added |
| Van Hulzen Asset Management, LLC | 2,815 | $689.5K | 0.06% | −361−11.4% | Reduced |
| Virtu Financial LLC | 2,804 | $687.0K | 0.04% | +451+19.2% | Added |
| Aureus Asset Management, LLC | 2,803 | $686.6K | 0.04% | 00.0% | Unchanged |
| TownSquare Capital, LLC | 2,800 | $685.9K | 0.07% | −30,441−91.6% | Reduced |
| IHT Wealth Management, LLC | 2,776 | $680.0K | 0.02% | −94−3.3% | Reduced |
| Norway Savings Bank | 2,775 | $679.7K | 0.35% | +57+2.1% | Added |
| FORA Capital, LLC | 2,768 | $678.0K | 0.08% | +2,768 | New |
| Colony Group, LLC | 2,755 | $674.7K | 0.00% | +184+7.2% | Added |