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 |
|---|---|---|---|---|---|
| Burney Co | 2,325 | $415.2K | 0.01% | +610+35.6% | Added |
| Oppenheimer Asset Management Inc. | 2,308 | $412.2K | 0.00% | +2,308 | New |
| Everence Capital Management Inc | 2,250 | $402.0K | 0.02% | 00.0% | Unchanged |
| GPS Wealth Strategies Group, LLC | 2,226 | $397.5K | 0.04% | −35−1.5% | Reduced |
| Cresset Asset Management, LLC | 2,186 | $390.5K | 0.00% | +36+1.7% | Added |
| Diversify Advisory Services, LLC | 2,103 | $382.6K | 0.01% | +191+10.0% | Added |
| Modern Wealth Management, LLC | 2,077 | $370.9K | 0.01% | +250+13.7% | Added |
| Great Lakes Advisors, LLC | 2,071 | $369.8K | 0.00% | −663−24.3% | Reduced |
| Fortress Financial Solutions, LLC | 2,029 | $362.4K | 0.39% | +201+11.0% | Added |
| Headlands Technologies LLC | 2,026 | $361.8K | 0.03% | +2,026 | New |
| Catalyst Funds Management Pty Ltd | 2,000 | $357.2K | 0.05% | +2,000 | New |
| Fruth Investment Management | 2,000 | $357.0K | 0.10% | 00.0% | Unchanged |
| Arjuna Capital | 1,964 | $350.7K | 0.09% | −1,730−46.8% | Reduced |
| Janney Montgomery Scott LLC | 1,934 | $346.0K | 0.00% | −88−4.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 1,929 | $344.5K | 0.00% | 00.0% | Unchanged |
| Argus Investors' Counsel, Inc. | 1,902 | $339.7K | 0.27% | −19−1.0% | Reduced |
| Great Lakes Retirement, Inc. | 1,892 | $337.9K | 0.04% | −19−1.0% | Reduced |
| PFG Investments, LLC | 1,887 | $337.0K | 0.02% | −73−3.7% | Reduced |
| Mackenzie Financial Corp | 1,884 | $336.4K | 0.00% | +115+6.5% | Added |
| Tandem Investment Advisors, Inc. | 1,728 | $309.0K | 0.01% | +1,728 | New |
| Steward Partners Investment Advisory, LLC | 1,714 | $306.1K | 0.00% | −6,859−80.0% | Reduced |
| Alpine Bank Wealth Management | 1,708 | $305.0K | 0.04% | −107−5.9% | Reduced |
| Two Sigma Advisers, LP | 1,700 | $303.6K | 0.00% | +100+6.3% | Added |
| Atria Investments LLC | 1,676 | $299.4K | 0.00% | −1,709−50.5% | Reduced |
| Qsemble Capital Management, LP | 1,657 | $295.9K | 0.03% | +1,657 | New |
| 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 |
| 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 |
| Advisory Services Network, LLC | 1,591 | $284.1K | 0.00% | −359−18.4% | Reduced |
| Resona Asset Management Co.,Ltd. | 1,586 | $281.4K | 0.00% | 00.0% | Unchanged |
| Glen Eagle Advisors, LLC | 1,564 | $279.3K | 0.04% | 00.0% | Unchanged |
| Catalyst Capital Advisors LLC | 1,525 | $272.3K | 0.01% | +1,200+369.2% | Added |
| apricus wealth, LLC | 1,510 | $269.7K | 0.15% | −144−8.7% | Reduced |
| CIBC Private Wealth Group, LLC | 1,508 | $269.3K | 0.00% | +11+0.7% | Added |
| Nvest Financial, LLC | 1,500 | $267.9K | 0.15% | 00.0% | Unchanged |
| Millstone Evans Group, LLC | 1,490 | $266.1K | 0.17% | 00.0% | Unchanged |
| Inspire Advisors, LLC | 1,462 | $261.1K | 0.02% | −133−8.3% | 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 |
| Tower Research Capital LLC (TRC) | 1,395 | $249.1K | 0.01% | −1,898−57.6% | Reduced |
| QRG Capital Management, Inc. | 1,394 | $248.9K | 0.00% | +313+29.0% | Added |
| Profund Advisors LLC | 1,383 | $247.0K | 0.01% | −89−6.0% | Reduced |
| Nisa Investment Advisors, LLC | 1,372 | $245.0K | 0.00% | +85+6.6% | Added |
| Ballentine Partners, LLC | 1,369 | $244.5K | 0.00% | −537−28.2% | Reduced |
| Principal Securities, Inc. | 1,367 | $244.1K | 0.00% | +1,146+518.6% | Added |
| Aquatic Capital Management LLC | 1,323 | $236.3K | 0.00% | −13,077−90.8% | Reduced |
| Freestone Grove Partners LP | 1,316 | $235.0K | 0.00% | −1,333−50.3% | Reduced |
| Journey Strategic Wealth LLC | 1,298 | $231.8K | 0.01% | +2+0.2% | Added |
| Portside Wealth Group, LLC | 1,291 | $230.5K | 0.03% | −1,785−58.0% | Reduced |
| Apollon Wealth Management, LLC | 1,270 | $226.8K | 0.00% | +188+17.4% | Added |
| Wiley Bros.-Aintree Capital, LLC | 1,259 | $223.8K | 0.00% | +99+8.5% | Added |
| Stratos Wealth Partners, LTD. | 1,248 | $222.9K | 0.00% | 00.0% | Unchanged |
| CX Institutional | 1,241 | $222.0K | 0.01% | +1,241 | New |
| Sage Mountain Advisors LLC | 1,236 | $220.7K | 0.01% | +1,236 | New |
| Financiere des Professionnels - Fonds d,investissement inc. | 1,196 | $213.6K | 0.01% | 00.0% | Unchanged |
| WSFS Capital Management, LLC | 1,175 | $209.9K | 0.01% | +168+16.7% | Added |
| RSM US Wealth Management LLC | 1,162 | $207.5K | 0.00% | −73−5.9% | Reduced |
| Graham Capital Management, L.P. | 1,160 | $207.2K | 0.01% | −145−11.1% | Reduced |
| Fox Run Management, L.L.C. | 1,147 | $204.8K | 0.03% | +9+0.8% | Added |
| AE Wealth Management LLC | 1,139 | $203.6K | 0.00% | +144+14.5% | Added |
| Monument Capital Management | 1,135 | $202.7K | 0.05% | −14,453−92.7% | Reduced |
| Covestor Ltd | 1,072 | $192.0K | 0.11% | +2+0.2% | Added |
| FIL Ltd | 1,067 | $190.5K | 0.00% | 00.0% | Unchanged |
| State of Wyoming | 984 | $175.7K | 0.02% | +334+51.4% | Added |
| GWM Advisors LLC | 965 | $172.4K | 0.00% | −2,976−75.5% | Reduced |
| Parallel Advisors, LLC | 915 | $163.4K | 0.00% | −124−11.9% | Reduced |
| Close Asset Management Ltd | 866 | $155.0K | 0.00% | +29+3.5% | Added |
| Twin Tree Management, LP | 864 | $154.3K | 0.01% | +860+21,500.0% | Added |
| Archer Investment Corp | 811 | $144.8K | 0.03% | +26+3.3% | Added |
| Public Employees Retirement System of Ohio | 798 | $142.5K | 0.00% | +7+0.9% | Added |
| GHP Investment Advisors, Inc. | 773 | $138.0K | 0.01% | 00.0% | Unchanged |
| Dundas Partners LLP | 773 | $138.0K | 0.01% | −7,671−90.8% | Reduced |
| Global Retirement Partners, LLC | 740 | $132.1K | 0.00% | −14−1.9% | Reduced |
| Clearstead Advisors, LLC | 731 | $130.5K | 0.00% | −242−24.9% | Reduced |
| Harbour Investments, Inc. | 715 | $127.7K | 0.00% | +291+68.6% | Added |
| Lowe Wealth Advisors, LLC | 700 | $125.0K | 0.05% | −80−10.3% | Reduced |
| Pacific Center for Financial Services | 673 | $120.2K | 0.03% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 667 | $119.1K | 0.00% | +14+2.1% | Added |
| Pacer Advisors, Inc. | 649 | $115.9K | 0.00% | −538−45.3% | Reduced |
| Smartleaf Asset Management LLC | 606 | $107.3K | 0.01% | +44+7.8% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 600 | $107.1K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 568 | $101.4K | 0.00% | +369+185.4% | Added |
| CWM, LLC | 538 | $96.0K | 0.00% | −331−38.1% | Reduced |
| GAMMA Investing LLC | 530 | $94.6K | 0.01% | −269−33.7% | Reduced |
| Leonteq Securities AG | 528 | $94.3K | 0.01% | +464+725.0% | Added |
| AdvisorNet Financial, Inc | 520 | $92.9K | 0.01% | −10−1.9% | Reduced |
| Signaturefd, LLC | 451 | $80.5K | 0.00% | −166−26.9% | Reduced |
| Harbor Investment Advisory, LLC | 416 | $74.3K | 0.01% | +416 | New |
| Shell Asset Management Co | 413 | $74.0K | 0.01% | −2,642−86.5% | Reduced |
| Farther Finance Advisors, LLC | 398 | $71.1K | 0.00% | +139+53.7% | Added |
| Asset Management One Co.,Ltd. | 378 | $67.5K | 0.00% | 00.0% | Unchanged |
| Trust Co of Vermont | 375 | $67.0K | 0.00% | −25−6.3% | Reduced |
| Quest Partners LLC | 370 | $66.1K | 0.00% | +370 | New |
| Wealthspire Advisors, LLC | 304 | $54.3K | 0.00% | +304 | New |
| Contravisory Investment Management, Inc. | 284 | $50.7K | 0.01% | −498−63.7% | Reduced |
| Global X Japan Co., Ltd. | 266 | $47.5K | 0.00% | +57+27.3% | Added |
| IFP Advisors, Inc | 256 | $45.7K | 0.00% | −214−45.5% | Reduced |
| Strategic Advocates LLC | 230 | $41.1K | 0.01% | +230 | New |
| Silicon Valley Capital Partners | 230 | $41.0K | 0.00% | +1+0.4% | Added |