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 |
|---|---|---|---|---|---|
| Cerity Partners LLC | 52,373 | $9.35M | 0.02% | +14,428+38.0% | Added |
| Duff & Phelps Investment Management Co | 53,061 | $9.48M | 0.11% | −502−0.9% | Reduced |
| California Public Employees Retirement System | 53,220 | $9.50M | 0.01% | +2,995+6.0% | Added |
| Warren Averett Asset Management, LLC | 54,024 | $9.65M | 0.10% | +4,138+8.3% | Added |
| D. E. Shaw & Co., Inc. | 55,720 | $9.95M | 0.01% | −139,587−71.5% | Reduced |
| Swiss National Bank | 57,100 | $10.2M | 0.01% | +900+1.6% | Added |
| Bowen Hanes & Co Inc | 58,975 | $10.5M | 0.26% | −168,415−74.1% | Reduced |
| BNP Paribas Arbitrage, SA | 61,220 | $10.9M | 0.01% | +35,936+142.1% | Added |
| Triodos Investment Management BV | 65,000 | $11.6M | 0.84% | 00.0% | Unchanged |
| Wells Fargo & Company | 67,595 | $12.1M | 0.00% | +4,786+7.6% | Added |
| Barclays PLC | 68,291 | $12.2M | 0.00% | −15,238−18.2% | Reduced |
| Commonwealth Equity Services, LLC | 70,488 | $12.6M | 0.02% | +8,387+13.5% | Added |
| ProShare Advisors LLC | 72,316 | $12.9M | 0.03% | +14,488+25.1% | Added |
| Oberweis Asset Management Inc | 72,610 | $13.0M | 0.50% | +12,700+21.2% | Added |
| Robeco Schweiz AG | 73,598 | $13.1M | 0.30% | +73,598 | New |
| Man Group plc | 75,740 | $13.5M | 0.03% | +5,215+7.4% | Added |
| UBS Asset Management Americas Inc | 77,889 | $13.9M | 0.00% | −59,370−43.3% | Reduced |
| Jupiter Asset Management Ltd | 80,239 | $14.3M | 0.12% | +80,239 | New |
| Alps Advisors Inc | 82,568 | $14.7M | 0.08% | +38,160+85.9% | Added |
| Select Equity Group, L.P. | 83,186 | $14.9M | 0.06% | +34,062+69.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 84,134 | $15.0M | 0.03% | −4,127−4.7% | Reduced |
| Rodgers Brothers Inc. | 86,258 | $15.4M | 1.90% | −603−0.7% | Reduced |
| Envestnet Asset Management Inc | 88,158 | $15.7M | 0.00% | +29,186+49.5% | Added |
| Congress Asset Management Co | 88,222 | $15.8M | 0.10% | −318,837−78.3% | Reduced |
| EULAV Asset Management | 91,200 | $16.3M | 0.38% | +6,500+7.7% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 92,836 | $16.6M | 0.05% | +867+0.9% | Added |
| Ofi Invest Asset Management | 109,314 | $16.6M | 0.35% | +14,281+15.0% | Added |
| Gamco Investors, Inc. Et Al | 93,475 | $16.7M | 0.16% | −350−0.4% | Reduced |
| Toroso Investments, LLC | 100,700 | $18.0M | 0.08% | +30,411+43.3% | Added |
| Gabelli Funds LLC | 102,500 | $18.3M | 0.12% | +100+0.1% | Added |
| Mairs & Power Inc | 103,859 | $18.5M | 0.17% | −7,518−6.8% | Reduced |
| Arrowstreet Capital, Limited Partnership | 106,285 | $19.0M | 0.01% | +5,985+6.0% | Added |
| Tudor Investment Corp Et Al | 106,927 | $19.1M | 0.12% | +42,891+67.0% | Added |
| Standard Life Aberdeen plc | 113,034 | $19.9M | 0.03% | −444−0.4% | Reduced |
| Public Sector Pension Investment Board | 114,971 | $20.5M | 0.08% | +14,536+14.5% | Added |
| Allianz Asset Management GmbH | 116,510 | $20.8M | 0.03% | −21,180−15.4% | Reduced |
| Rhumbline Advisers | 119,565 | $21.4M | 0.02% | −15,505−11.5% | Reduced |
| Ameriprise Financial Inc | 120,155 | $21.5M | 0.00% | −80,575−40.1% | Reduced |
| Raymond James Financial Inc | 120,586 | $21.5M | 0.01% | +30,945+34.5% | Added |
| DF Dent & Co Inc | 127,963 | $22.9M | 0.30% | +127,963 | New |
| Nuveen, LLC | 129,961 | $23.2M | 0.01% | −3,132−2.4% | Reduced |
| Voloridge Investment Management, LLC | 130,865 | $23.4M | 0.08% | +72,695+125.0% | Added |
| Storebrand Asset Management AS | 134,377 | $24.0M | 0.06% | +32,466+31.9% | Added |
| DekaBank Deutsche Girozentrale | 137,060 | $24.0M | 0.04% | 00.0% | Unchanged |
| Bank of America Corp | 138,368 | $24.7M | 0.00% | −203,731−59.6% | Reduced |
| Rockefeller Capital Management L.P. | 141,090 | $25.2M | 0.05% | +30,788+27.9% | Added |
| Squarepoint Ops LLC | 143,636 | $25.7M | 0.05% | +42,405+41.9% | Added |
| Bessemer Group Inc | 145,783 | $26.0M | 0.04% | +75,415+107.2% | Added |
| Qube Research & Technologies Ltd | 151,086 | $27.0M | 0.04% | +15,891+11.8% | Added |
| Principal Financial Group Inc | 165,002 | $29.5M | 0.01% | +6,240+3.9% | Added |
| Millennium Management LLC | 175,382 | $31.3M | 0.02% | +144,051+459.8% | Added |
| Legal & General Group Plc | 178,910 | $31.9M | 0.01% | +24,216+15.7% | Added |
| Belpointe Asset Management LLC | 179,165 | $32.0M | 1.22% | +148+0.1% | Added |
| T. Rowe Price Investment Management, Inc. | 188,450 | $33.7M | 0.02% | +156,914+497.6% | Added |
| Marshall Wace, LLP | 192,031 | $34.3M | 0.04% | +186,756+3,540.4% | Added |
| Renaissance Technologies LLC | 197,200 | $35.2M | 0.05% | +30,400+18.2% | Added |
| Brown Capital Management LLC | 209,744 | $37.5M | 1.54% | +46,066+28.1% | Added |
| Royal Bank of Canada | 227,336 | $40.6M | 0.01% | +46,692+25.8% | Added |
| Bank of New York Mellon Corp | 236,158 | $42.2M | 0.01% | −49,307−17.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 243,634 | $43.5M | 0.07% | −2,787−1.1% | Reduced |
| Price T Rowe Associates Inc | 245,991 | $43.9M | 0.00% | −12,824−5.0% | Reduced |
| Bamco Inc | 254,423 | $45.4M | 0.12% | +254,423 | New |
| First Trust Advisors LP | 261,291 | $46.7M | 0.03% | +61,991+31.1% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 287,646 | $51.4M | 0.13% | −1,919−0.7% | Reduced |
| Charles Schwab Investment Management Inc | 316,764 | $56.6M | 0.01% | −10,837−3.3% | Reduced |
| Northern Trust Corp | 321,485 | $57.4M | 0.01% | −6,992−2.1% | Reduced |
| Boston Trust Walden Corp | 330,039 | $58.9M | 0.43% | +100,298+43.7% | Added |
| Neuberger Berman Group LLC | 361,498 | $64.6M | 0.05% | −9,029−2.4% | Reduced |
| UBS Group AG | 376,697 | $67.3M | 0.01% | +183,755+95.2% | Added |
| Goldman Sachs Group Inc | 392,060 | $70.0M | 0.01% | +44,022+12.6% | Added |
| Amundi | 401,668 | $72.2M | 0.02% | +200,330+99.5% | Added |
| Dimensional Fund Advisors LP | 463,182 | $82.7M | 0.02% | −11,984−2.5% | Reduced |
| JPMorgan Chase & Co | 503,171 | $89.9M | 0.01% | +153,213+43.8% | Added |
| Pictet Asset Management Holding SA | 541,954 | $96.8M | 0.09% | +287,508+113.0% | Added |
| Morgan Stanley | 752,272 | $134.3M | 0.01% | −3,153−0.4% | Reduced |
| Geode Capital Management, LLC | 872,819 | $155.9M | 0.01% | −3,700−0.4% | Reduced |
| Invesco Ltd. | 970,219 | $173.3M | 0.03% | +168,053+20.9% | Added |
| State Street Corp | 1,402,985 | $250.5M | 0.01% | −59,822−4.1% | Reduced |
| Vanguard Group Inc | 3,960,308 | $707.2M | 0.01% | +145,389+3.8% | Added |
| BlackRock, Inc. | 5,201,263 | $928.8M | 0.02% | −34,625−0.7% | Reduced |
| Westfield Capital Management Co LP | 0 | $0 | 0.00% | −612,809−100.0% | Sold out |
| Lord, Abbett & Co. LLC | 0 | $0 | 0.00% | −178,301−100.0% | Sold out |
| Capital World Investors | 0 | $0 | 0.00% | −53,299−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −42,072−100.0% | Sold out |
| EAM Investors, LLC | 0 | $0 | 0.00% | −23,427−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −22,117−100.0% | Sold out |
| EAM Global Investors LLC | 0 | $0 | 0.00% | −18,745−100.0% | Sold out |
| Zacks Investment Management | 0 | $0 | 0.00% | −17,259−100.0% | Sold out |
| Donaldson Capital Management, LLC | 0 | $0 | 0.00% | −16,469−100.0% | Sold out |
| AXA S.A. | 0 | $0 | 0.00% | −16,090−100.0% | Sold out |
| Algert Global LLC | 0 | $0 | 0.00% | −15,233−100.0% | Sold out |
| Castleark Management LLC | 0 | $0 | 0.00% | −13,490−100.0% | Sold out |
| PDT Partners, LLC | 0 | $0 | 0.00% | −11,036−100.0% | Sold out |
| Wellington Management Group LLP | 0 | $0 | 0.00% | −10,755−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −9,011−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −8,637−100.0% | Sold out |
| Gallo Partners, LP | 0 | $0 | 0.00% | −8,151−100.0% | Sold out |
| Caxton Associates LLP | 0 | $0 | 0.00% | −6,221−100.0% | Sold out |
| Lido Advisors, LLC | 0 | $0 | 0.00% | −5,373−100.0% | Sold out |
| Integrated Quantitative Investments LLC | 0 | $0 | 0.00% | −5,280−100.0% | Sold out |