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 |
|---|---|---|---|---|---|
| Federation des caisses Desjardins du Quebec | 2,928 | $522.7K | 0.00% | +1,974+206.9% | Added |
| Crossmark Global Holdings, Inc. | 2,941 | $525.2K | 0.01% | −457−13.4% | Reduced |
| Xponance, Inc. | 2,945 | $525.9K | 0.00% | +256+9.5% | Added |
| Lazard Freres Gestion S.A.S. | 2,950 | $526.0K | 0.01% | +700+31.1% | Added |
| Colony Group, LLC | 7,992 | $530.8K | 0.00% | +5,237+190.1% | Added |
| Evergreen Capital Management LLC | 2,982 | $532.5K | 0.01% | +102+3.5% | Added |
| New York Life Investment Management LLC | 2,983 | $532.7K | 0.00% | +2,983 | New |
| Corient IA LLC | 3,000 | $535.7K | 0.40% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 3,072 | $548.5K | 0.01% | +3,072 | New |
| CIBC Bancorp USA Inc. | 3,165 | $565.2K | 0.00% | +3,165 | New |
| Nikko Asset Management Americas, Inc. | 3,199 | $570.7K | 0.01% | +3,199 | New |
| PPS&V Asset Management Consultants, Inc. | 3,200 | $571.5K | 0.33% | 00.0% | Unchanged |
| Public Employees Retirement Association of Colorado | 3,222 | $575.0K | 0.00% | −89−2.7% | Reduced |
| Teton Advisors, LLC | 3,250 | $580.4K | 0.36% | +3,250 | New |
| Mutual of America Capital Management LLC | 3,301 | $589.5K | 0.01% | −483−12.8% | Reduced |
| Jump Financial, LLC | 3,310 | $591.1K | 0.01% | −47,100−93.4% | Reduced |
| HighTower Advisors, LLC | 3,366 | $601.1K | 0.00% | −2,268−40.3% | Reduced |
| Mariner, LLC | 3,376 | $602.9K | 0.00% | −2,368−41.2% | Reduced |
| Cynosure Management, LLC | 3,395 | $606.3K | 0.07% | 00.0% | Unchanged |
| Schroder Investment Management Group | 3,493 | $618.4K | 0.00% | +105+3.1% | Added |
| TD Waterhouse Canada Inc. | 3,514 | $622.6K | 0.00% | +1,231+53.9% | Added |
| Davenport & Co LLC | 3,510 | $626.7K | 0.00% | −78−2.2% | Reduced |
| Trust Point Inc. | 3,575 | $638.4K | 0.05% | +3,575 | New |
| Alliance Wealth Advisors, LLC | 3,589 | $640.9K | 0.15% | +83+2.4% | Added |
| Sequoia Financial Advisors, LLC | 3,653 | $652.4K | 0.00% | −839−18.7% | Reduced |
| Quadrant Capital Group LLC | 3,690 | $659.0K | 0.02% | −360−8.9% | Reduced |
| Meiji Yasuda Life Insurance Co | 3,700 | $660.7K | 0.02% | +3,700 | New |
| Allianz SE | 3,711 | $662.7K | 0.01% | +2,499+206.2% | Added |
| First Citizens Bank & Trust Co | 3,722 | $664.7K | 0.01% | −179−4.6% | Reduced |
| Jones Financial Companies LLLP | 3,778 | $666.7K | 0.00% | −89−2.3% | Reduced |
| Gsa Capital Partners LLP | 3,768 | $673.0K | 0.06% | −1,881−33.3% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 3,818 | $681.8K | 0.00% | +3,818 | New |
| Envestnet Portfolio Solutions, Inc. | 3,897 | $695.9K | 0.00% | −1,074−21.6% | Reduced |
| O'Shaughnessy Asset Management, LLC | 4,099 | $732.0K | 0.00% | −1,392−25.4% | Reduced |
| Kesler, Norman & Wride, LLC | 3,482 | $739.3K | 0.15% | −743−17.6% | Reduced |
| Vestcor Inc | 4,207 | $751.0K | 0.02% | −1,276−23.3% | Reduced |
| Maryland State Retirement & Pension System | 4,237 | $756.6K | 0.02% | −4,412−51.0% | Reduced |
| CWM Advisors, LLC | 4,289 | $766.0K | 0.07% | −1,649−27.8% | Reduced |
| Ensign Peak Advisors, Inc | 4,548 | $812.2K | 0.00% | −4,200−48.0% | Reduced |
| Mission Wealth Management, LP | 4,809 | $858.9K | 0.02% | −209−4.2% | Reduced |
| Raiffeisen Bank International AG | 5,000 | $885.1K | 0.01% | +5,000 | New |
| Exchange Traded Concepts, LLC | 5,023 | $897.0K | 0.01% | −331−6.2% | Reduced |
| River Street Advisors LLC | 5,198 | $928.2K | 0.36% | −35−0.7% | Reduced |
| Cetera Investment Advisers | 5,237 | $935.2K | 0.00% | +2,903+124.4% | Added |
| Danske Bank A/S | 5,413 | $966.7K | 0.00% | −42,644−88.7% | Reduced |
| Mercer Global Advisors Inc | 5,448 | $973.0K | 0.00% | −1,754−24.4% | Reduced |
| JustInvest LLC | 5,503 | $982.7K | 0.01% | −11−0.2% | Reduced |
| Ethic Inc. | 5,865 | $1.05M | 0.02% | −782−11.8% | Reduced |
| Flputnam Investment Management Co | 5,865 | $1.05M | 0.02% | 00.0% | Unchanged |
| Diversify Wealth Management, LLC | 5,927 | $1.08M | 0.06% | +178+3.1% | Added |
| Two Sigma Investments, LP | 6,154 | $1.10M | 0.00% | +1,474+31.5% | Added |
| Level Four Advisory Services, LLC | 6,172 | $1.10M | 0.04% | +6,172 | New |
| Kestra Advisory Services, LLC | 6,273 | $1.12M | 0.01% | +6,273 | New |
| Royce & Associates LP | 6,499 | $1.16M | 0.01% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 6,632 | $1.18M | 0.00% | −54−0.8% | Reduced |
| Oregon Public Employees Retirement Fund | 6,642 | $1.19M | 0.02% | −100−1.5% | Reduced |
| TD Asset Management Inc | 6,718 | $1.20M | 0.00% | +818+13.9% | Added |
| Legato Capital Management LLC | 6,865 | $1.23M | 0.13% | +2,062+42.9% | Added |
| Dark Forest Capital Management LP | 6,972 | $1.25M | 0.05% | +6,972 | New |
| Gotham Asset Management, LLC | 7,497 | $1.34M | 0.01% | +3,658+95.3% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 7,505 | $1.34M | 0.01% | −57−0.8% | Reduced |
| Values First Advisors, Inc. | 7,563 | $1.35M | 0.72% | −116−1.5% | Reduced |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 7,646 | $1.37M | 0.48% | −258−3.3% | Reduced |
| SG Americas Securities, LLC | 7,703 | $1.38M | 0.01% | +3,091+67.0% | Added |
| Caisse de Depot Et Placement du Quebec | 7,791 | $1.39M | 0.00% | +943+13.8% | Added |
| Essex Investment Management Co LLC | 7,877 | $1.41M | 0.22% | 00.0% | Unchanged |
| American Century Companies Inc | 7,945 | $1.42M | 0.00% | −11,375−58.9% | Reduced |
| Zions Bancorporation, National Association | 7,998 | $1.43M | 0.07% | −1,205−13.1% | Reduced |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 8,000 | $1.43M | 0.69% | +3,000+60.0% | Added |
| Union Bancaire Privee, UBP SA | 8,167 | $1.44M | 0.03% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 8,170 | $1.46M | 0.05% | +1,200+17.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 8,309 | $1.48M | 0.01% | +1,556+23.0% | Added |
| KBC Group NV | 8,384 | $1.50M | 0.00% | −7,106−45.9% | Reduced |
| Teachers Retirement System of the State of Kentucky | 8,381 | $1.50M | 0.01% | −312−3.6% | Reduced |
| Amalgamated Bank | 8,433 | $1.51M | 0.01% | +51+0.6% | Added |
| Marietta Investment Partners LLC | 8,534 | $1.52M | 0.29% | −5,251−38.1% | Reduced |
| MML Investors Services, LLC | 8,589 | $1.53M | 0.00% | +6,110+246.5% | Added |
| Bank of Montreal | 8,589 | $1.53M | 0.00% | −3,729−30.3% | Reduced |
| CI Private Wealth, LLC | 8,601 | $1.54M | 0.00% | +3,073+55.6% | Added |
| Arizona State Retirement System | 8,720 | $1.56M | 0.01% | +137+1.6% | Added |
| Simplex Trading, LLC | 8,753 | $1.56M | 0.03% | +3,584+69.3% | Added |
| We Are One Seven, LLC | 8,941 | $1.60M | 0.04% | +472+5.6% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 9,000 | $1.61M | 0.00% | +8,659+2,539.3% | Added |
| Vontobel Holding Ltd. | 9,031 | $1.61M | 0.01% | +6,007+198.6% | Added |
| Los Angeles Capital Management LLC | 9,283 | $1.66M | 0.01% | −20,892−69.2% | Reduced |
| Cim, LLC | 9,322 | $1.66M | 0.22% | +38+0.4% | Added |
| Comerica Bank | 9,444 | $1.69M | 0.01% | −95,937−91.0% | Reduced |
| DnB Asset Management AS | 9,623 | $1.72M | 0.01% | +2,407+33.4% | Added |
| Truist Financial Corp | 9,674 | $1.73M | 0.00% | −15,110−61.0% | Reduced |
| The PNC Financial Services Group, Inc. | 9,772 | $1.75M | 0.00% | −2,196−18.3% | Reduced |
| OP Asset Management Ltd | 9,824 | $1.75M | 0.02% | −31,643−76.3% | Reduced |
| Davy Global Fund Management Ltd | 9,994 | $1.78M | 0.12% | −2,509−20.1% | Reduced |
| Yousif Capital Management, LLC | 10,026 | $1.79M | 0.02% | −1,992−16.6% | Reduced |
| Oak Ridge Investments LLC | 10,044 | $1.79M | 0.12% | −165−1.6% | Reduced |
| Susquehanna International Group, LLP | 10,456 | $1.87M | 0.00% | −26,161−71.4% | Reduced |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 10,631 | $1.90M | 0.06% | −1,582−13.0% | Reduced |
| Pathstone Holdings, LLC | 10,644 | $1.90M | 0.01% | +966+10.0% | Added |
| Martingale Asset Management L P | 11,111 | $1.98M | 0.05% | −830−7.0% | Reduced |
| Consolidated Planning Corp | 11,396 | $2.04M | 0.21% | +4,312+60.9% | Added |
| Citigroup Inc | 11,457 | $2.05M | 0.00% | −16,618−59.2% | Reduced |