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 |
|---|---|---|---|---|---|
| Pacer Advisors, Inc. | 649 | $115.9K | 0.00% | −538−45.3% | Reduced |
| Northwestern Mutual Wealth Management Co | 667 | $119.1K | 0.00% | +14+2.1% | Added |
| Pacific Center for Financial Services | 673 | $120.2K | 0.03% | 00.0% | Unchanged |
| Lowe Wealth Advisors, LLC | 700 | $125.0K | 0.05% | −80−10.3% | Reduced |
| Harbour Investments, Inc. | 715 | $127.7K | 0.00% | +291+68.6% | Added |
| Clearstead Advisors, LLC | 731 | $130.5K | 0.00% | −242−24.9% | Reduced |
| Global Retirement Partners, LLC | 740 | $132.1K | 0.00% | −14−1.9% | Reduced |
| Dundas Partners LLP | 773 | $138.0K | 0.01% | −7,671−90.8% | Reduced |
| GHP Investment Advisors, Inc. | 773 | $138.0K | 0.01% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 798 | $142.5K | 0.00% | +7+0.9% | Added |
| Archer Investment Corp | 811 | $144.8K | 0.03% | +26+3.3% | Added |
| Twin Tree Management, LP | 864 | $154.3K | 0.01% | +860+21,500.0% | Added |
| Close Asset Management Ltd | 866 | $155.0K | 0.00% | +29+3.5% | Added |
| Parallel Advisors, LLC | 915 | $163.4K | 0.00% | −124−11.9% | Reduced |
| GWM Advisors LLC | 965 | $172.4K | 0.00% | −2,976−75.5% | Reduced |
| State of Wyoming | 984 | $175.7K | 0.02% | +334+51.4% | Added |
| FIL Ltd | 1,067 | $190.5K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 1,072 | $192.0K | 0.11% | +2+0.2% | Added |
| Monument Capital Management | 1,135 | $202.7K | 0.05% | −14,453−92.7% | Reduced |
| AE Wealth Management LLC | 1,139 | $203.6K | 0.00% | +144+14.5% | Added |
| Fox Run Management, L.L.C. | 1,147 | $204.8K | 0.03% | +9+0.8% | Added |
| Graham Capital Management, L.P. | 1,160 | $207.2K | 0.01% | −145−11.1% | Reduced |
| RSM US Wealth Management LLC | 1,162 | $207.5K | 0.00% | −73−5.9% | Reduced |
| WSFS Capital Management, LLC | 1,175 | $209.9K | 0.01% | +168+16.7% | Added |
| Financiere des Professionnels - Fonds d,investissement inc. | 1,196 | $213.6K | 0.01% | 00.0% | Unchanged |
| Sage Mountain Advisors LLC | 1,236 | $220.7K | 0.01% | +1,236 | New |
| CX Institutional | 1,241 | $222.0K | 0.01% | +1,241 | New |
| Stratos Wealth Partners, LTD. | 1,248 | $222.9K | 0.00% | 00.0% | Unchanged |
| Wiley Bros.-Aintree Capital, LLC | 1,259 | $223.8K | 0.00% | +99+8.5% | Added |
| Apollon Wealth Management, LLC | 1,270 | $226.8K | 0.00% | +188+17.4% | Added |
| Portside Wealth Group, LLC | 1,291 | $230.5K | 0.03% | −1,785−58.0% | Reduced |
| Journey Strategic Wealth LLC | 1,298 | $231.8K | 0.01% | +2+0.2% | Added |
| Freestone Grove Partners LP | 1,316 | $235.0K | 0.00% | −1,333−50.3% | Reduced |
| Aquatic Capital Management LLC | 1,323 | $236.3K | 0.00% | −13,077−90.8% | Reduced |
| Principal Securities, Inc. | 1,367 | $244.1K | 0.00% | +1,146+518.6% | Added |
| Ballentine Partners, LLC | 1,369 | $244.5K | 0.00% | −537−28.2% | Reduced |
| Nisa Investment Advisors, LLC | 1,372 | $245.0K | 0.00% | +85+6.6% | Added |
| Profund Advisors LLC | 1,383 | $247.0K | 0.01% | −89−6.0% | Reduced |
| QRG Capital Management, Inc. | 1,394 | $248.9K | 0.00% | +313+29.0% | Added |
| Tower Research Capital LLC (TRC) | 1,395 | $249.1K | 0.01% | −1,898−57.6% | Reduced |
| New Age Alpha Advisors, LLC | 1,399 | $249.8K | 0.01% | −42−2.9% | Reduced |
| Baker Ellis Asset Management LLC | 1,399 | $249.8K | 0.03% | +1,399 | New |
| Inspire Advisors, LLC | 1,462 | $261.1K | 0.02% | −133−8.3% | Reduced |
| Millstone Evans Group, LLC | 1,490 | $266.1K | 0.17% | 00.0% | Unchanged |
| Nvest Financial, LLC | 1,500 | $267.9K | 0.15% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 1,508 | $269.3K | 0.00% | +11+0.7% | Added |
| apricus wealth, LLC | 1,510 | $269.7K | 0.15% | −144−8.7% | Reduced |
| Catalyst Capital Advisors LLC | 1,525 | $272.3K | 0.01% | +1,200+369.2% | Added |
| Glen Eagle Advisors, LLC | 1,564 | $279.3K | 0.04% | 00.0% | Unchanged |
| Resona Asset Management Co.,Ltd. | 1,586 | $281.4K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 1,591 | $284.1K | 0.00% | −359−18.4% | Reduced |
| KLCM Advisors, Inc. | 1,600 | $285.7K | 0.03% | 00.0% | Unchanged |
| Rock Point Advisors, LLC | 1,600 | $285.7K | 0.08% | 00.0% | Unchanged |
| Yorktown Management & Research Co Inc | 1,650 | $294.7K | 0.23% | 00.0% | Unchanged |
| Northside Capital Management, LLC | 1,650 | $294.7K | 0.03% | 00.0% | Unchanged |
| Qsemble Capital Management, LP | 1,657 | $295.9K | 0.03% | +1,657 | New |
| Atria Investments LLC | 1,676 | $299.4K | 0.00% | −1,709−50.5% | Reduced |
| Two Sigma Advisers, LP | 1,700 | $303.6K | 0.00% | +100+6.3% | Added |
| Alpine Bank Wealth Management | 1,708 | $305.0K | 0.04% | −107−5.9% | Reduced |
| Steward Partners Investment Advisory, LLC | 1,714 | $306.1K | 0.00% | −6,859−80.0% | Reduced |
| Tandem Investment Advisors, Inc. | 1,728 | $309.0K | 0.01% | +1,728 | New |
| Mackenzie Financial Corp | 1,884 | $336.4K | 0.00% | +115+6.5% | Added |
| PFG Investments, LLC | 1,887 | $337.0K | 0.02% | −73−3.7% | Reduced |
| Great Lakes Retirement, Inc. | 1,892 | $337.9K | 0.04% | −19−1.0% | Reduced |
| Argus Investors' Counsel, Inc. | 1,902 | $339.7K | 0.27% | −19−1.0% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 1,929 | $344.5K | 0.00% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 1,934 | $346.0K | 0.00% | −88−4.4% | Reduced |
| Arjuna Capital | 1,964 | $350.7K | 0.09% | −1,730−46.8% | Reduced |
| Fruth Investment Management | 2,000 | $357.0K | 0.10% | 00.0% | Unchanged |
| Catalyst Funds Management Pty Ltd | 2,000 | $357.2K | 0.05% | +2,000 | New |
| Headlands Technologies LLC | 2,026 | $361.8K | 0.03% | +2,026 | New |
| Fortress Financial Solutions, LLC | 2,029 | $362.4K | 0.39% | +201+11.0% | Added |
| Great Lakes Advisors, LLC | 2,071 | $369.8K | 0.00% | −663−24.3% | Reduced |
| Modern Wealth Management, LLC | 2,077 | $370.9K | 0.01% | +250+13.7% | Added |
| Diversify Advisory Services, LLC | 2,103 | $382.6K | 0.01% | +191+10.0% | Added |
| Cresset Asset Management, LLC | 2,186 | $390.5K | 0.00% | +36+1.7% | Added |
| GPS Wealth Strategies Group, LLC | 2,226 | $397.5K | 0.04% | −35−1.5% | Reduced |
| Everence Capital Management Inc | 2,250 | $402.0K | 0.02% | 00.0% | Unchanged |
| Oppenheimer Asset Management Inc. | 2,308 | $412.2K | 0.00% | +2,308 | New |
| Burney Co | 2,325 | $415.2K | 0.01% | +610+35.6% | Added |
| Midwest Professional Planners, LTD. | 2,368 | $422.9K | 0.10% | 00.0% | Unchanged |
| Umpqua Bank | 2,349 | $423.4K | 0.12% | −141−5.7% | Reduced |
| Synovus Financial Corp | 2,380 | $425.0K | 0.00% | +499+26.5% | Added |
| Groupe la Francaise | 2,400 | $428.5K | 0.01% | 00.0% | Unchanged |
| Capstone Investment Advisors, LLC | 2,466 | $440.4K | 0.00% | +1,403+132.0% | Added |
| Ameritas Investment Partners, Inc. | 2,480 | $442.9K | 0.01% | −528−17.6% | Reduced |
| STRS Ohio | 2,500 | $446.4K | 0.00% | −1,200−32.4% | Reduced |
| Federated Hermes, Inc. | 2,547 | $454.8K | 0.00% | −101−3.8% | Reduced |
| Lebenthal Global Advisors, LLC | 2,558 | $456.9K | 0.08% | +1,418+124.4% | Added |
| Putney Financial Group LLC | 2,603 | $464.8K | 0.46% | −25−1.0% | Reduced |
| First Interstate Bank | 2,605 | $465.2K | 0.03% | +15+0.6% | Added |
| Aviva PLC | 2,678 | $478.2K | 0.00% | +765+40.0% | Added |
| Norway Savings Bank | 2,705 | $483.1K | 0.23% | −70−2.5% | Reduced |
| Ellenbecker Investment Group | 2,713 | $484.5K | 0.07% | −10−0.4% | Reduced |
| Van Hulzen Asset Management, LLC | 2,729 | $487.4K | 0.04% | −86−3.1% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 2,746 | $490.0K | 0.00% | −713−20.6% | Reduced |
| IHT Wealth Management, LLC | 2,751 | $491.3K | 0.01% | −25−0.9% | Reduced |
| Park Avenue Securities LLC | 2,763 | $493.0K | 0.00% | +2,763 | New |
| Aureus Asset Management, LLC | 2,803 | $500.6K | 0.03% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 2,825 | $504.6K | 0.00% | +812+40.3% | Added |