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 |
|---|---|---|---|---|---|
| Cloud Capital Management, LLC | 2 | $0 | 0.00% | +2 | New |
| Cullen/Frost Bankers, Inc. | 0 | $1 | 0.00% | −165−100.0% | Reduced |
| Copeland Capital Management, LLC | 1 | $178 | 0.00% | 00.0% | Unchanged |
| TFC Financial Management | 1 | $179 | 0.00% | 00.0% | Unchanged |
| Rialto Wealth Management, LLC | 1 | $179 | 0.00% | 00.0% | Unchanged |
| Colonial Trust Advisors | 1 | $180 | 0.00% | 00.0% | Unchanged |
| Tortoise Investment Management, LLC | 2 | $357 | 0.00% | −3−60.0% | Reduced |
| HFM Investment Advisors, LLC | 2 | $357 | 0.00% | 00.0% | Unchanged |
| Bay Harbor Wealth Management, LLC | 2 | $357 | 0.00% | +1+100.0% | Added |
| Guerra Advisors Inc | 2 | $357 | 0.00% | +2 | New |
| SJS Investment Consulting Inc. | 2 | $358 | 0.00% | −1−33.3% | Reduced |
| Abound Wealth Management | 2 | $358 | 0.00% | 00.0% | Unchanged |
| Concord Wealth Partners | 3 | $536 | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 3 | $536 | 0.00% | +3 | New |
| Rossby Financial, LCC | 5 | $883 | 0.00% | +5 | New |
| Fortitude Family Office, LLC | 5 | $893 | 0.00% | −1−16.7% | Reduced |
| Rakuten Securities, Inc. | 6 | $1.07K | 0.00% | +6 | New |
| Financial Network Wealth Advisors LLC | 6 | $1.08K | 0.00% | −12−66.7% | Reduced |
| DiNuzzo Private Wealth, Inc. | 6 | $1.10K | 0.00% | 00.0% | Unchanged |
| Bellevue Asset Management, LLC | 8 | $1.43K | 0.00% | +8 | New |
| Thompson Investment Management, Inc. | 8 | $1.47K | 0.00% | 00.0% | Unchanged |
| TD Private Client Wealth LLC | 9 | $1.58K | 0.00% | 00.0% | Unchanged |
| Clayton Financial Group LLC | 9 | $1.61K | 0.00% | +9 | New |
| Creative Financial Designs Inc | 9 | $1.61K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 11 | $1.96K | 0.00% | −2−15.4% | Reduced |
| Essential Partners LLC | 12 | $2.14K | 0.00% | −5−29.4% | Reduced |
| MPWM Advisory Solutions, LLC | 12 | $2.14K | 0.00% | 00.0% | Unchanged |
| Whittier Trust Co of Nevada Inc | 12 | $2.17K | 0.00% | 00.0% | Unchanged |
| TD Capital Management LLC | 13 | $2.34K | 0.00% | 00.0% | Unchanged |
| Atlantic Trust, LLC | 15 | $2.68K | 0.00% | 00.0% | Unchanged |
| Farmers & Merchants Investments Inc | 18 | $3.21K | 0.00% | −1−5.3% | Reduced |
| Rothschild Investment LLC | 19 | $3.39K | 0.00% | −33−63.5% | Reduced |
| JFS Wealth Advisors, LLC | 19 | $3.39K | 0.00% | −1−5.0% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 20 | $3.57K | 0.00% | 00.0% | Unchanged |
| Bogart Wealth, LLC | 22 | $3.93K | 0.00% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 22 | $3.93K | 0.00% | +22 | New |
| Hemington Wealth Management | 24 | $4.00K | 0.00% | −12−33.3% | Reduced |
| High Note Wealth, LLC | 23 | $4.11K | 0.00% | +2+9.5% | Added |
| Stance Capital LLC | 27 | $4.79K | 0.00% | +27 | New |
| WPG Advisers, LLC | 29 | $5.18K | 0.00% | −19−39.6% | Reduced |
| UMA Financial Services, Inc. | 32 | $5.71K | 0.00% | +2+6.7% | Added |
| Harbor Capital Advisors, Inc. | 34 | $6.00K | 0.00% | −24,330−99.9% | Reduced |
| Winch Advisory Services, LLC | 34 | $6.07K | 0.00% | 00.0% | Unchanged |
| Private Wealth Management Group, LLC | 35 | $6.25K | 0.00% | −3−7.9% | Reduced |
| Root Financial Partners, LLC | 46 | $8.21K | 0.00% | +46 | New |
| Bare Financial Services, Inc | 47 | $8.39K | 0.00% | +8+20.5% | Added |
| Rise Advisors, LLC | 49 | $8.73K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 50 | $8.93K | 0.00% | −15−23.1% | Reduced |
| Clark Wealth Partners | 52 | $9.07K | 0.01% | −40−43.5% | Reduced |
| Bell Investment Advisors, Inc | 51 | $9.11K | 0.00% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 56 | $10.0K | 0.00% | +18+47.4% | Added |
| Addison Advisors LLC | 68 | $12.1K | 0.00% | 00.0% | Unchanged |
| Transamerica Financial Advisors, Inc. | 71 | $12.7K | 0.00% | +71 | New |
| Sterling Capital Management LLC | 72 | $12.9K | 0.00% | 00.0% | Unchanged |
| Rocky Mountain Advisers, LLC | 72 | $12.9K | 0.00% | 00.0% | Unchanged |
| Manchester Capital Management LLC | 72 | $12.9K | 0.00% | +72 | New |
| Versant Capital Management, Inc | 74 | $13.2K | 0.00% | −40−35.1% | Reduced |
| NBC Securities, Inc. | 75 | $13.4K | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 85 | $15.2K | 0.01% | +85 | New |
| Golden State Wealth Management, LLC | 92 | $16.4K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 94 | $16.8K | 0.00% | −31−24.8% | Reduced |
| Canada Pension Plan Investment Board | 100 | $17.9K | 0.00% | −100−50.0% | Reduced |
| IAG Wealth Partners, LLC | 100 | $17.9K | 0.00% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 102 | $18.2K | 0.00% | −4−3.8% | Reduced |
| Massmutual Trust Co FSB | 119 | $21.3K | 0.00% | +1+0.8% | Added |
| Wexford Capital LP | 127 | $22.7K | 0.01% | +127 | New |
| Allworth Financial LP | 133 | $23.8K | 0.00% | −13−8.9% | Reduced |
| SBI Securities Co., Ltd. | 135 | $24.1K | 0.00% | −44−24.6% | Reduced |
| Fifth Third Bancorp | 138 | $24.6K | 0.00% | +22+19.0% | Added |
| Banque Cantonale Vaudoise | 151 | $27.0K | 0.00% | +28+22.8% | Added |
| EverSource Wealth Advisors, LLC | 168 | $30.0K | 0.00% | −39−18.8% | Reduced |
| Caitlin John, LLC | 176 | $31.4K | 0.02% | +176 | New |
| Brown Brothers Harriman & Co | 185 | $33.0K | 0.00% | +71+62.3% | Added |
| Dunhill Financial, LLC | 191 | $34.2K | 0.01% | −5−2.6% | Reduced |
| Huntington National Bank | 198 | $35.4K | 0.00% | −12−5.7% | Reduced |
| Private Trust Co NA | 200 | $35.7K | 0.00% | 00.0% | Unchanged |
| Frazier Financial Advisors, LLC | 200 | $35.7K | 0.02% | 00.0% | Unchanged |
| ORG Partners LLC | 200 | $35.7K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 208 | $37.1K | 0.00% | −52−20.0% | Reduced |
| Salomon & Ludwin, LLC | 210 | $38.0K | 0.00% | +210 | New |
| Silicon Valley Capital Partners | 230 | $41.0K | 0.00% | +1+0.4% | Added |
| Strategic Advocates LLC | 230 | $41.1K | 0.01% | +230 | New |
| IFP Advisors, Inc | 256 | $45.7K | 0.00% | −214−45.5% | Reduced |
| Global X Japan Co., Ltd. | 266 | $47.5K | 0.00% | +57+27.3% | Added |
| Contravisory Investment Management, Inc. | 284 | $50.7K | 0.01% | −498−63.7% | Reduced |
| Wealthspire Advisors, LLC | 304 | $54.3K | 0.00% | +304 | New |
| Quest Partners LLC | 370 | $66.1K | 0.00% | +370 | New |
| Trust Co of Vermont | 375 | $67.0K | 0.00% | −25−6.3% | Reduced |
| Asset Management One Co.,Ltd. | 378 | $67.5K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 398 | $71.1K | 0.00% | +139+53.7% | Added |
| Shell Asset Management Co | 413 | $74.0K | 0.01% | −2,642−86.5% | Reduced |
| Harbor Investment Advisory, LLC | 416 | $74.3K | 0.01% | +416 | New |
| Signaturefd, LLC | 451 | $80.5K | 0.00% | −166−26.9% | Reduced |
| AdvisorNet Financial, Inc | 520 | $92.9K | 0.01% | −10−1.9% | Reduced |
| Leonteq Securities AG | 528 | $94.3K | 0.01% | +464+725.0% | Added |
| GAMMA Investing LLC | 530 | $94.6K | 0.01% | −269−33.7% | Reduced |
| CWM, LLC | 538 | $96.0K | 0.00% | −331−38.1% | Reduced |
| Ronald Blue Trust, Inc. | 568 | $101.4K | 0.00% | +369+185.4% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 600 | $107.1K | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 606 | $107.3K | 0.01% | +44+7.8% | Added |