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, Q3 2025
Institutional positions in Badger Meter Inc as of Sep 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
- 480
- −45 vs. Q2 2025
- Shares held
- 28.4M
- +519.7K (+1.9%) vs. Q2 2025
- Total value
- $5.06B
- −$1.75B (−25.7%) vs. Q2 2025
- New holders
- 54
- 171 more added
- Sold out
- 99
- 195 more reduced
11 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 5,201,263 | $928.8M | 0.02% | −34,625−0.7% | Reduced |
| Vanguard Group Inc | 3,960,308 | $707.2M | 0.01% | +145,389+3.8% | Added |
| State Street Corp | 1,402,985 | $250.5M | 0.01% | −59,822−4.1% | Reduced |
| Invesco Ltd. | 970,219 | $173.3M | 0.03% | +168,053+20.9% | Added |
| Geode Capital Management, LLC | 872,819 | $155.9M | 0.01% | −3,700−0.4% | Reduced |
| Morgan Stanley | 752,272 | $134.3M | 0.01% | −3,153−0.4% | Reduced |
| Pictet Asset Management Holding SA | 541,954 | $96.8M | 0.09% | +287,508+113.0% | Added |
| JPMorgan Chase & Co | 503,171 | $89.9M | 0.01% | +153,213+43.8% | Added |
| Dimensional Fund Advisors LP | 463,182 | $82.7M | 0.02% | −11,984−2.5% | Reduced |
| Amundi | 401,668 | $72.2M | 0.02% | +200,330+99.5% | Added |
| Goldman Sachs Group Inc | 392,060 | $70.0M | 0.01% | +44,022+12.6% | Added |
| UBS Group AG | 376,697 | $67.3M | 0.01% | +183,755+95.2% | Added |
| Neuberger Berman Group LLC | 361,498 | $64.6M | 0.05% | −9,029−2.4% | Reduced |
| Boston Trust Walden Corp | 330,039 | $58.9M | 0.43% | +100,298+43.7% | Added |
| Northern Trust Corp | 321,485 | $57.4M | 0.01% | −6,992−2.1% | Reduced |
| Charles Schwab Investment Management Inc | 316,764 | $56.6M | 0.01% | −10,837−3.3% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 287,646 | $51.4M | 0.13% | −1,919−0.7% | Reduced |
| First Trust Advisors LP | 261,291 | $46.7M | 0.03% | +61,991+31.1% | Added |
| Bamco Inc | 254,423 | $45.4M | 0.12% | +254,423 | New |
| Price T Rowe Associates Inc | 245,991 | $43.9M | 0.00% | −12,824−5.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 243,634 | $43.5M | 0.07% | −2,787−1.1% | Reduced |
| Bank of New York Mellon Corp | 236,158 | $42.2M | 0.01% | −49,307−17.3% | Reduced |
| Royal Bank of Canada | 227,336 | $40.6M | 0.01% | +46,692+25.8% | Added |
| Brown Capital Management LLC | 209,744 | $37.5M | 1.54% | +46,066+28.1% | Added |
| Renaissance Technologies LLC | 197,200 | $35.2M | 0.05% | +30,400+18.2% | Added |
| Marshall Wace, LLP | 192,031 | $34.3M | 0.04% | +186,756+3,540.4% | Added |
| T. Rowe Price Investment Management, Inc. | 188,450 | $33.7M | 0.02% | +156,914+497.6% | Added |
| Belpointe Asset Management LLC | 179,165 | $32.0M | 1.22% | +148+0.1% | Added |
| Legal & General Group Plc | 178,910 | $31.9M | 0.01% | +24,216+15.7% | Added |
| Millennium Management LLC | 175,382 | $31.3M | 0.02% | +144,051+459.8% | Added |
| Principal Financial Group Inc | 165,002 | $29.5M | 0.01% | +6,240+3.9% | Added |
| Qube Research & Technologies Ltd | 151,086 | $27.0M | 0.04% | +15,891+11.8% | Added |
| Bessemer Group Inc | 145,783 | $26.0M | 0.04% | +75,415+107.2% | Added |
| Squarepoint Ops LLC | 143,636 | $25.7M | 0.05% | +42,405+41.9% | Added |
| Rockefeller Capital Management L.P. | 141,090 | $25.2M | 0.05% | +30,788+27.9% | Added |
| Bank of America Corp | 138,368 | $24.7M | 0.00% | −203,731−59.6% | Reduced |
| DekaBank Deutsche Girozentrale | 137,060 | $24.0M | 0.04% | 00.0% | Unchanged |
| Storebrand Asset Management AS | 134,377 | $24.0M | 0.06% | +32,466+31.9% | Added |
| Voloridge Investment Management, LLC | 130,865 | $23.4M | 0.08% | +72,695+125.0% | Added |
| Nuveen, LLC | 129,961 | $23.2M | 0.01% | −3,132−2.4% | Reduced |
| DF Dent & Co Inc | 127,963 | $22.9M | 0.30% | +127,963 | New |
| Raymond James Financial Inc | 120,586 | $21.5M | 0.01% | +30,945+34.5% | Added |
| Ameriprise Financial Inc | 120,155 | $21.5M | 0.00% | −80,575−40.1% | Reduced |
| Rhumbline Advisers | 119,565 | $21.4M | 0.02% | −15,505−11.5% | Reduced |
| Allianz Asset Management GmbH | 116,510 | $20.8M | 0.03% | −21,180−15.4% | Reduced |
| Public Sector Pension Investment Board | 114,971 | $20.5M | 0.08% | +14,536+14.5% | Added |
| Standard Life Aberdeen plc | 113,034 | $19.9M | 0.03% | −444−0.4% | Reduced |
| Tudor Investment Corp Et Al | 106,927 | $19.1M | 0.12% | +42,891+67.0% | Added |
| Arrowstreet Capital, Limited Partnership | 106,285 | $19.0M | 0.01% | +5,985+6.0% | Added |
| Mairs & Power Inc | 103,859 | $18.5M | 0.17% | −7,518−6.8% | Reduced |
| Gabelli Funds LLC | 102,500 | $18.3M | 0.12% | +100+0.1% | Added |
| Toroso Investments, LLC | 100,700 | $18.0M | 0.08% | +30,411+43.3% | Added |
| Gamco Investors, Inc. Et Al | 93,475 | $16.7M | 0.16% | −350−0.4% | Reduced |
| Ofi Invest Asset Management | 109,314 | $16.6M | 0.35% | +14,281+15.0% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 92,836 | $16.6M | 0.05% | +867+0.9% | Added |
| EULAV Asset Management | 91,200 | $16.3M | 0.38% | +6,500+7.7% | Added |
| Congress Asset Management Co | 88,222 | $15.8M | 0.10% | −318,837−78.3% | Reduced |
| Envestnet Asset Management Inc | 88,158 | $15.7M | 0.00% | +29,186+49.5% | Added |
| Rodgers Brothers Inc. | 86,258 | $15.4M | 1.90% | −603−0.7% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 84,134 | $15.0M | 0.03% | −4,127−4.7% | Reduced |
| Select Equity Group, L.P. | 83,186 | $14.9M | 0.06% | +34,062+69.3% | Added |
| Alps Advisors Inc | 82,568 | $14.7M | 0.08% | +38,160+85.9% | Added |
| Jupiter Asset Management Ltd | 80,239 | $14.3M | 0.12% | +80,239 | New |
| UBS Asset Management Americas Inc | 77,889 | $13.9M | 0.00% | −59,370−43.3% | Reduced |
| Man Group plc | 75,740 | $13.5M | 0.03% | +5,215+7.4% | Added |
| Robeco Schweiz AG | 73,598 | $13.1M | 0.30% | +73,598 | New |
| Oberweis Asset Management Inc | 72,610 | $13.0M | 0.50% | +12,700+21.2% | Added |
| ProShare Advisors LLC | 72,316 | $12.9M | 0.03% | +14,488+25.1% | Added |
| Commonwealth Equity Services, LLC | 70,488 | $12.6M | 0.02% | +8,387+13.5% | Added |
| Barclays PLC | 68,291 | $12.2M | 0.00% | −15,238−18.2% | Reduced |
| Wells Fargo & Company | 67,595 | $12.1M | 0.00% | +4,786+7.6% | Added |
| Triodos Investment Management BV | 65,000 | $11.6M | 0.84% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 61,220 | $10.9M | 0.01% | +35,936+142.1% | Added |
| Bowen Hanes & Co Inc | 58,975 | $10.5M | 0.26% | −168,415−74.1% | Reduced |
| Swiss National Bank | 57,100 | $10.2M | 0.01% | +900+1.6% | Added |
| D. E. Shaw & Co., Inc. | 55,720 | $9.95M | 0.01% | −139,587−71.5% | Reduced |
| Warren Averett Asset Management, LLC | 54,024 | $9.65M | 0.10% | +4,138+8.3% | Added |
| California Public Employees Retirement System | 53,220 | $9.50M | 0.01% | +2,995+6.0% | Added |
| Duff & Phelps Investment Management Co | 53,061 | $9.48M | 0.11% | −502−0.9% | Reduced |
| Cerity Partners LLC | 52,373 | $9.35M | 0.02% | +14,428+38.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 51,561 | $9.21M | 0.02% | +51,561 | New |
| Swiss Life Asset Management Ltd | 49,986 | $8.93M | 0.05% | +594+1.2% | Added |
| Jane Street Group, LLC | 49,416 | $8.82M | 0.01% | −9,202−15.7% | Reduced |
| Mirova | 49,171 | $8.78M | 1.24% | +754+1.6% | Added |
| RMB Capital Management, LLC | 48,835 | $8.72M | 0.16% | +5,532+12.8% | Added |
| UniSuper Management Pty Ltd | 48,466 | $8.66M | 0.05% | −161−0.3% | Reduced |
| Deutsche Bank AG | 46,247 | $8.26M | 0.00% | −15,789−25.5% | Reduced |
| Handelsbanken Fonder AB | 44,713 | $7.99M | 0.03% | +34,879+354.7% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 42,768 | $7.64M | 0.01% | −8,490−16.6% | Reduced |
| Candriam Luxembourg S.C.A. | 42,067 | $7.51M | 0.04% | +6,103+17.0% | Added |
| Perpetual Ltd | 41,735 | $7.45M | 0.09% | −10,691−20.4% | Reduced |
| Balyasny Asset Management LLC | 40,551 | $7.24M | 0.01% | +40,551 | New |
| Franklin Resources Inc | 40,409 | $7.07M | 0.00% | −7,781−16.1% | Reduced |
| Natixis Advisors, L.P. | 39,548 | $7.06M | 0.01% | −14,055−26.2% | Reduced |
| Alliancebernstein L.P. | 38,874 | $6.94M | 0.00% | −272−0.7% | Reduced |
| Intech Investment Management LLC | 37,846 | $6.76M | 0.06% | +7,862+26.2% | Added |
| La Banque Postale Asset Management SA | 37,713 | $6.73M | 0.08% | +37,713 | New |
| Twinbeech Capital LP | 37,371 | $6.67M | 0.26% | +34,225+1,087.9% | Added |
| Engineers Gate Manager LP | 36,928 | $6.59M | 0.08% | +27,402+287.7% | Added |
| Great West Life Assurance Co | 37,210 | $6.58M | 0.01% | +439+1.2% | Added |