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 |
|---|---|---|---|---|---|
| Lombard Odier Asset Management (USA) Corp | 11,475 | $2.05M | 0.46% | −16,285−58.7% | Reduced |
| State of New Jersey Common Pension Fund D | 11,595 | $2.07M | 0.01% | +2,214+23.6% | Added |
| New York State Teachers Retirement System | 11,634 | $2.08M | 0.00% | −100−0.9% | Reduced |
| Schonfeld Strategic Advisors LLC | 11,696 | $2.09M | 0.01% | +11,696 | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 11,814 | $2.11M | 0.00% | 00.0% | Unchanged |
| Empowered Funds, LLC | 11,965 | $2.14M | 0.02% | +3,225+36.9% | Added |
| Montanaro Asset Management Ltd | 12,000 | $2.14M | 0.54% | −5,600−31.8% | Reduced |
| Agf Management Ltd | 12,308 | $2.20M | 0.01% | −85,055−87.4% | Reduced |
| FMR LLC | 12,526 | $2.24M | 0.00% | −145,203−92.1% | Reduced |
| Oddo BHF Asset Management SAS | 12,533 | $2.24M | 0.09% | +7,774+163.4% | Added |
| Cavalier Investments, LLC | 13,806 | $2.25M | 0.91% | +682+5.2% | Added |
| Summit Financial, LLC | 12,776 | $2.28M | 0.03% | −2,406−15.8% | Reduced |
| Annex Advisory Services, LLC | 12,839 | $2.29M | 0.05% | +10.0% | Added |
| Stifel Financial Corp | 12,867 | $2.30M | 0.00% | +2,419+23.2% | Added |
| Linden Thomas Advisory Services, LLC | 12,891 | $2.30M | 0.23% | +16+0.1% | Added |
| Jefferies Financial Group Inc. | 13,001 | $2.32M | 0.02% | +13,001 | New |
| Brevan Howard Capital Management LP | 13,211 | $2.36M | 0.03% | +136+1.0% | Added |
| Louisiana State Employees Retirement System | 13,500 | $2.41M | 0.04% | −300−2.2% | Reduced |
| BLI - Banque de Luxembourg Investments | 14,000 | $2.48M | 0.07% | +14,000 | New |
| State of Tennessee, Treasury Department | 13,896 | $2.48M | 0.01% | −385−2.7% | Reduced |
| Lazard Asset Management LLC | 14,732 | $2.63M | 0.00% | −7,921−35.0% | Reduced |
| State of Alaska, Department of Revenue | 14,829 | $2.65M | 0.03% | −2,715−15.5% | Reduced |
| Argent Capital Management LLC | 14,902 | $2.66M | 0.07% | +3,532+31.1% | Added |
| Needham Investment Management LLC | 15,000 | $2.68M | 0.19% | +9,000+150.0% | Added |
| Manufacturers Life Insurance Company, The | 15,076 | $2.69M | 0.00% | −1,019−6.3% | Reduced |
| Voya Investment Management LLC | 15,085 | $2.69M | 0.00% | −2,909−16.2% | Reduced |
| SEI Investments Co | 15,107 | $2.70M | 0.00% | −5,387−26.3% | Reduced |
| Numerai GP LLC | 15,158 | $2.71M | 0.38% | +11,161+279.2% | Added |
| Tower View Investment Management & Research LLC | 15,514 | $2.77M | 1.43% | +768+5.2% | Added |
| Russell Investments Group, Ltd. | 15,518 | $2.77M | 0.00% | +1,019+7.0% | Added |
| Farrow Financial Inc. | 16,367 | $2.92M | 1.70% | +517+3.3% | Added |
| Bridges Investment Management Inc | 16,820 | $3.00M | 0.04% | +4,544+37.0% | Added |
| Meiji Yasuda Asset Management Co Ltd. | 16,922 | $3.02M | 0.14% | +10,277+154.7% | Added |
| Old Second National Bank of Aurora | 17,144 | $3.06M | 0.63% | +395+2.4% | Added |
| MetLife Investment Management | 17,383 | $3.10M | 0.01% | +17,383 | New |
| HSBC Holdings PLC | 17,675 | $3.11M | 0.00% | −1,361−7.1% | Reduced |
| Creative Planning | 17,460 | $3.12M | 0.00% | −5,387−23.6% | Reduced |
| XXEC, Inc. | 17,698 | $3.16M | 2.71% | −50−0.3% | Reduced |
| Segall Bryant & Hamill, LLC | 18,171 | $3.24M | 0.04% | +4,267+30.7% | Added |
| Verition Fund Management LLC | 18,190 | $3.25M | 0.02% | +2,705+17.5% | Added |
| Carderock Capital Management Inc | 18,492 | $3.30M | 0.80% | +7,702+71.4% | Added |
| Trillium Asset Management, LLC | 18,698 | $3.34M | 0.09% | −386−2.0% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 18,979 | $3.39M | 0.01% | −210−1.1% | Reduced |
| Illinois Municipal Retirement Fund | 19,869 | $3.55M | 0.05% | +3,859+24.1% | Added |
| Cardinal Capital Management | 20,090 | $3.59M | 0.50% | −2,114−9.5% | Reduced |
| Janus Henderson Group PLC | 20,245 | $3.61M | 0.00% | −14,882−42.4% | Reduced |
| Vident Advisory, LLC | 20,469 | $3.66M | 0.04% | +7,345+56.0% | Added |
| Assenagon Asset Management S.A. | 20,488 | $3.66M | 0.01% | −4,262−17.2% | Reduced |
| Citadel Advisors LLC | 20,590 | $3.68M | 0.00% | +18,642+957.0% | Added |
| Erste Asset Management GmbH | 21,002 | $3.72M | 0.04% | −8,733−29.4% | Reduced |
| Thrivent Financial for Lutherans | 21,260 | $3.80M | 0.01% | −397−1.8% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 21,473 | $3.83M | 0.02% | −3,448−13.8% | Reduced |
| Trexquant Investment LP | 22,779 | $4.07M | 0.04% | +22,779 | New |
| Hennion & Walsh Asset Management, Inc. | 23,953 | $4.28M | 0.15% | −2,232−8.5% | Reduced |
| Dorsey & Whitney Trust CO LLC | 23,981 | $4.28M | 0.23% | −145−0.6% | Reduced |
| Baird Financial Group, Inc. | 24,087 | $4.30M | 0.01% | −2,817−10.5% | Reduced |
| Axiom Investors LLC | 24,545 | $4.38M | 0.03% | −11,367−31.7% | Reduced |
| Northstar Asset Management Inc | 25,225 | $4.50M | 1.17% | +2,143+9.3% | Added |
| Advisors Asset Management, Inc. | 25,788 | $4.61M | 0.08% | −935−3.5% | Reduced |
| Capital Fund Management S.A. | 25,807 | $4.61M | 0.05% | +11,246+77.2% | Added |
| Ci Investments Inc. | 26,468 | $4.73M | 0.02% | +1,071+4.2% | Added |
| State of Wisconsin Investment Board | 26,547 | $4.74M | 0.01% | +1,729+7.0% | Added |
| Rathbone Brothers plc | 27,235 | $4.86M | 0.02% | −1,304−4.6% | Reduced |
| US Bancorp | 27,459 | $4.90M | 0.01% | −100−0.4% | Reduced |
| AQR Capital Management LLC | 27,667 | $4.94M | 0.00% | +7,434+36.7% | Added |
| California State Teachers Retirement System | 27,789 | $4.96M | 0.01% | +598+2.2% | Added |
| Y-Intercept (Hong Kong) Ltd | 27,901 | $4.98M | 0.12% | +27,026+3,088.7% | Added |
| Teacher Retirement System of Texas | 28,658 | $5.12M | 0.02% | +5,348+22.9% | Added |
| Quantbot Technologies LP | 29,393 | $5.25M | 0.14% | +21,185+258.1% | Added |
| Prudential Financial Inc | 29,552 | $5.28M | 0.01% | −4,679−13.7% | Reduced |
| New York State Common Retirement Fund | 29,576 | $5.28M | 0.01% | −47,005−61.4% | Reduced |
| Advisor Group Holdings, Inc. | 30,858 | $5.52M | 0.01% | +26,183+560.1% | Added |
| Victory Capital Management Inc | 31,336 | $5.60M | 0.00% | −15,971−33.8% | Reduced |
| Van Eck Associates Corp | 32,458 | $5.80M | 0.01% | +369+1.1% | Added |
| LPL Financial LLC | 33,697 | $6.02M | 0.00% | −7,786−18.8% | Reduced |
| Palisades Investment Partners, LLC | 34,186 | $6.10M | 2.40% | +517+1.5% | Added |
| Bryn Mawr Trust Co | 34,283 | $6.12M | 0.15% | −691−2.0% | Reduced |
| Bridge City Capital, LLC | 35,149 | $6.28M | 1.68% | +10,979+45.4% | Added |
| ExodusPoint Capital Management, LP | 36,288 | $6.48M | 0.09% | +36,288 | New |
| KLP Kapitalforvaltning AS | 36,800 | $6.57M | 0.03% | +8,400+29.6% | Added |
| Great West Life Assurance Co | 37,210 | $6.58M | 0.01% | +439+1.2% | Added |
| Engineers Gate Manager LP | 36,928 | $6.59M | 0.08% | +27,402+287.7% | Added |
| Twinbeech Capital LP | 37,371 | $6.67M | 0.26% | +34,225+1,087.9% | Added |
| La Banque Postale Asset Management SA | 37,713 | $6.73M | 0.08% | +37,713 | New |
| Intech Investment Management LLC | 37,846 | $6.76M | 0.06% | +7,862+26.2% | Added |
| Alliancebernstein L.P. | 38,874 | $6.94M | 0.00% | −272−0.7% | Reduced |
| Natixis Advisors, L.P. | 39,548 | $7.06M | 0.01% | −14,055−26.2% | Reduced |
| Franklin Resources Inc | 40,409 | $7.07M | 0.00% | −7,781−16.1% | Reduced |
| Balyasny Asset Management LLC | 40,551 | $7.24M | 0.01% | +40,551 | New |
| Perpetual Ltd | 41,735 | $7.45M | 0.09% | −10,691−20.4% | Reduced |
| Candriam Luxembourg S.C.A. | 42,067 | $7.51M | 0.04% | +6,103+17.0% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 42,768 | $7.64M | 0.01% | −8,490−16.6% | Reduced |
| Handelsbanken Fonder AB | 44,713 | $7.99M | 0.03% | +34,879+354.7% | Added |
| Deutsche Bank AG | 46,247 | $8.26M | 0.00% | −15,789−25.5% | Reduced |
| UniSuper Management Pty Ltd | 48,466 | $8.66M | 0.05% | −161−0.3% | Reduced |
| RMB Capital Management, LLC | 48,835 | $8.72M | 0.16% | +5,532+12.8% | Added |
| Mirova | 49,171 | $8.78M | 1.24% | +754+1.6% | Added |
| Jane Street Group, LLC | 49,416 | $8.82M | 0.01% | −9,202−15.7% | Reduced |
| Swiss Life Asset Management Ltd | 49,986 | $8.93M | 0.05% | +594+1.2% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 51,561 | $9.21M | 0.02% | +51,561 | New |