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 |
|---|---|---|---|---|---|
| Arizona State Retirement System | 8,720 | $1.56M | 0.01% | +137+1.6% | Added |
| CI Private Wealth, LLC | 8,601 | $1.54M | 0.00% | +3,073+55.6% | Added |
| Bank of Montreal | 8,589 | $1.53M | 0.00% | −3,729−30.3% | Reduced |
| MML Investors Services, LLC | 8,589 | $1.53M | 0.00% | +6,110+246.5% | Added |
| Marietta Investment Partners LLC | 8,534 | $1.52M | 0.29% | −5,251−38.1% | Reduced |
| Amalgamated Bank | 8,433 | $1.51M | 0.01% | +51+0.6% | 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 |
| Police & Firemen's Retirement System of New Jersey | 8,309 | $1.48M | 0.01% | +1,556+23.0% | Added |
| Johnson Financial Group, Inc. | 8,170 | $1.46M | 0.05% | +1,200+17.2% | Added |
| Union Bancaire Privee, UBP SA | 8,167 | $1.44M | 0.03% | 00.0% | Unchanged |
| Mitsubishi UFJ Asset Management (UK) Ltd. | 8,000 | $1.43M | 0.69% | +3,000+60.0% | Added |
| Zions Bancorporation, National Association | 7,998 | $1.43M | 0.07% | −1,205−13.1% | Reduced |
| American Century Companies Inc | 7,945 | $1.42M | 0.00% | −11,375−58.9% | Reduced |
| Essex Investment Management Co LLC | 7,877 | $1.41M | 0.22% | 00.0% | Unchanged |
| Caisse de Depot Et Placement du Quebec | 7,791 | $1.39M | 0.00% | +943+13.8% | Added |
| SG Americas Securities, LLC | 7,703 | $1.38M | 0.01% | +3,091+67.0% | Added |
| Town & Country Bank & Trust CO dba First Bankers Trust CO | 7,646 | $1.37M | 0.48% | −258−3.3% | Reduced |
| Values First Advisors, Inc. | 7,563 | $1.35M | 0.72% | −116−1.5% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 7,505 | $1.34M | 0.01% | −57−0.8% | Reduced |
| Gotham Asset Management, LLC | 7,497 | $1.34M | 0.01% | +3,658+95.3% | Added |
| Dark Forest Capital Management LP | 6,972 | $1.25M | 0.05% | +6,972 | New |
| Legato Capital Management LLC | 6,865 | $1.23M | 0.13% | +2,062+42.9% | Added |
| TD Asset Management Inc | 6,718 | $1.20M | 0.00% | +818+13.9% | Added |
| Oregon Public Employees Retirement Fund | 6,642 | $1.19M | 0.02% | −100−1.5% | Reduced |
| State Board of Administration of Florida Retirement System | 6,632 | $1.18M | 0.00% | −54−0.8% | Reduced |
| Royce & Associates LP | 6,499 | $1.16M | 0.01% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 6,273 | $1.12M | 0.01% | +6,273 | New |
| Level Four Advisory Services, LLC | 6,172 | $1.10M | 0.04% | +6,172 | New |
| Two Sigma Investments, LP | 6,154 | $1.10M | 0.00% | +1,474+31.5% | Added |
| Diversify Wealth Management, LLC | 5,927 | $1.08M | 0.06% | +178+3.1% | Added |
| Flputnam Investment Management Co | 5,865 | $1.05M | 0.02% | 00.0% | Unchanged |
| Ethic Inc. | 5,865 | $1.05M | 0.02% | −782−11.8% | Reduced |
| JustInvest LLC | 5,503 | $982.7K | 0.01% | −11−0.2% | Reduced |
| Mercer Global Advisors Inc | 5,448 | $973.0K | 0.00% | −1,754−24.4% | Reduced |
| Danske Bank A/S | 5,413 | $966.7K | 0.00% | −42,644−88.7% | Reduced |
| Cetera Investment Advisers | 5,237 | $935.2K | 0.00% | +2,903+124.4% | Added |
| River Street Advisors LLC | 5,198 | $928.2K | 0.36% | −35−0.7% | Reduced |
| Exchange Traded Concepts, LLC | 5,023 | $897.0K | 0.01% | −331−6.2% | Reduced |
| Raiffeisen Bank International AG | 5,000 | $885.1K | 0.01% | +5,000 | New |
| Mission Wealth Management, LP | 4,809 | $858.9K | 0.02% | −209−4.2% | Reduced |
| Ensign Peak Advisors, Inc | 4,548 | $812.2K | 0.00% | −4,200−48.0% | Reduced |
| CWM Advisors, LLC | 4,289 | $766.0K | 0.07% | −1,649−27.8% | Reduced |
| Maryland State Retirement & Pension System | 4,237 | $756.6K | 0.02% | −4,412−51.0% | Reduced |
| Vestcor Inc | 4,207 | $751.0K | 0.02% | −1,276−23.3% | Reduced |
| Kesler, Norman & Wride, LLC | 3,482 | $739.3K | 0.15% | −743−17.6% | Reduced |
| O'Shaughnessy Asset Management, LLC | 4,099 | $732.0K | 0.00% | −1,392−25.4% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 3,897 | $695.9K | 0.00% | −1,074−21.6% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 3,818 | $681.8K | 0.00% | +3,818 | New |
| Gsa Capital Partners LLP | 3,768 | $673.0K | 0.06% | −1,881−33.3% | Reduced |
| Jones Financial Companies LLLP | 3,778 | $666.7K | 0.00% | −89−2.3% | Reduced |
| First Citizens Bank & Trust Co | 3,722 | $664.7K | 0.01% | −179−4.6% | Reduced |
| Allianz SE | 3,711 | $662.7K | 0.01% | +2,499+206.2% | Added |
| Meiji Yasuda Life Insurance Co | 3,700 | $660.7K | 0.02% | +3,700 | New |
| Quadrant Capital Group LLC | 3,690 | $659.0K | 0.02% | −360−8.9% | Reduced |
| Sequoia Financial Advisors, LLC | 3,653 | $652.4K | 0.00% | −839−18.7% | Reduced |
| Alliance Wealth Advisors, LLC | 3,589 | $640.9K | 0.15% | +83+2.4% | Added |
| Trust Point Inc. | 3,575 | $638.4K | 0.05% | +3,575 | New |
| Davenport & Co LLC | 3,510 | $626.7K | 0.00% | −78−2.2% | Reduced |
| TD Waterhouse Canada Inc. | 3,514 | $622.6K | 0.00% | +1,231+53.9% | Added |
| Schroder Investment Management Group | 3,493 | $618.4K | 0.00% | +105+3.1% | Added |
| Cynosure Management, LLC | 3,395 | $606.3K | 0.07% | 00.0% | Unchanged |
| Mariner, LLC | 3,376 | $602.9K | 0.00% | −2,368−41.2% | Reduced |
| HighTower Advisors, LLC | 3,366 | $601.1K | 0.00% | −2,268−40.3% | Reduced |
| Jump Financial, LLC | 3,310 | $591.1K | 0.01% | −47,100−93.4% | Reduced |
| Mutual of America Capital Management LLC | 3,301 | $589.5K | 0.01% | −483−12.8% | Reduced |
| Teton Advisors, LLC | 3,250 | $580.4K | 0.36% | +3,250 | New |
| Public Employees Retirement Association of Colorado | 3,222 | $575.0K | 0.00% | −89−2.7% | Reduced |
| PPS&V Asset Management Consultants, Inc. | 3,200 | $571.5K | 0.33% | 00.0% | Unchanged |
| Nikko Asset Management Americas, Inc. | 3,199 | $570.7K | 0.01% | +3,199 | New |
| CIBC Bancorp USA Inc. | 3,165 | $565.2K | 0.00% | +3,165 | New |
| Benjamin Edwards Inc | 3,072 | $548.5K | 0.01% | +3,072 | New |
| Corient IA LLC | 3,000 | $535.7K | 0.40% | 00.0% | Unchanged |
| New York Life Investment Management LLC | 2,983 | $532.7K | 0.00% | +2,983 | New |
| Evergreen Capital Management LLC | 2,982 | $532.5K | 0.01% | +102+3.5% | Added |
| Colony Group, LLC | 7,992 | $530.8K | 0.00% | +5,237+190.1% | Added |
| Lazard Freres Gestion S.A.S. | 2,950 | $526.0K | 0.01% | +700+31.1% | Added |
| Xponance, Inc. | 2,945 | $525.9K | 0.00% | +256+9.5% | Added |
| Crossmark Global Holdings, Inc. | 2,941 | $525.2K | 0.01% | −457−13.4% | Reduced |
| Federation des caisses Desjardins du Quebec | 2,928 | $522.7K | 0.00% | +1,974+206.9% | Added |
| Quantinno Capital Management LP | 2,825 | $504.6K | 0.00% | +812+40.3% | Added |
| Aureus Asset Management, LLC | 2,803 | $500.6K | 0.03% | 00.0% | Unchanged |
| Park Avenue Securities LLC | 2,763 | $493.0K | 0.00% | +2,763 | New |
| IHT Wealth Management, LLC | 2,751 | $491.3K | 0.01% | −25−0.9% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 2,746 | $490.0K | 0.00% | −713−20.6% | Reduced |
| Van Hulzen Asset Management, LLC | 2,729 | $487.4K | 0.04% | −86−3.1% | Reduced |
| Ellenbecker Investment Group | 2,713 | $484.5K | 0.07% | −10−0.4% | Reduced |
| Norway Savings Bank | 2,705 | $483.1K | 0.23% | −70−2.5% | Reduced |
| Aviva PLC | 2,678 | $478.2K | 0.00% | +765+40.0% | Added |
| First Interstate Bank | 2,605 | $465.2K | 0.03% | +15+0.6% | Added |
| Putney Financial Group LLC | 2,603 | $464.8K | 0.46% | −25−1.0% | Reduced |
| Lebenthal Global Advisors, LLC | 2,558 | $456.9K | 0.08% | +1,418+124.4% | Added |
| Federated Hermes, Inc. | 2,547 | $454.8K | 0.00% | −101−3.8% | Reduced |
| STRS Ohio | 2,500 | $446.4K | 0.00% | −1,200−32.4% | Reduced |
| Ameritas Investment Partners, Inc. | 2,480 | $442.9K | 0.01% | −528−17.6% | Reduced |
| Capstone Investment Advisors, LLC | 2,466 | $440.4K | 0.00% | +1,403+132.0% | Added |
| Groupe la Francaise | 2,400 | $428.5K | 0.01% | 00.0% | Unchanged |
| Synovus Financial Corp | 2,380 | $425.0K | 0.00% | +499+26.5% | Added |
| Umpqua Bank | 2,349 | $423.4K | 0.12% | −141−5.7% | Reduced |
| Midwest Professional Planners, LTD. | 2,368 | $422.9K | 0.10% | 00.0% | Unchanged |