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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.

Institutional holdersQ3 2025: 480 institutions
Q1 2021: 263 institutionsQ2 2021: 249 institutionsQ3 2021: 257 institutionsQ4 2021: 273 institutionsQ1 2022: 286 institutionsQ2 2022: 272 institutionsQ3 2022: 281 institutionsQ4 2022: 310 institutionsQ1 2023: 324 institutionsQ2 2023: 355 institutionsQ3 2023: 374 institutionsQ4 2023: 395 institutionsQ1 2024: 415 institutionsQ2 2024: 451 institutionsQ3 2024: 477 institutionsQ4 2024: 490 institutionsQ1 2025: 497 institutionsQ2 2025: 536 institutionsQ3 2025: 480 institutionsQ4 2025: 490 institutionsQ1 2026: 477 institutionsQ2 2026: 483 institutions
Value heldQ3 2025: $5.06B
Q1 2021: $2.36BQ2 2021: $2.48BQ3 2021: $2.56BQ4 2021: $3.05BQ1 2022: $2.53BQ2 2022: $2.07BQ3 2022: $2.37BQ4 2022: $2.74BQ1 2023: $3.13BQ2 2023: $3.82BQ3 2023: $3.77BQ4 2023: $4.06BQ1 2024: $4.25BQ2 2024: $4.90BQ3 2024: $5.75BQ4 2024: $5.72BQ1 2025: $5.33BQ2 2025: $6.92BQ3 2025: $5.06BQ4 2025: $5.17BQ1 2026: $4.63BQ2 2026: $4.86B
Institutions holding BMI and their total value by quarter
QuarterHoldersValue
Q2 2026483$4.86B
Q1 2026477$4.63B
Q4 2025490$5.17B
Q3 2025480$5.06B
Q2 2025536$6.92B
Q1 2025497$5.33B
Q4 2024490$5.72B
Q3 2024477$5.75B
Q2 2024451$4.90B
Q1 2024415$4.25B
Q4 2023395$4.06B
Q3 2023374$3.77B
Q2 2023355$3.82B
Q1 2023324$3.13B
Q4 2022310$2.74B
Q3 2022281$2.37B
Q2 2022272$2.07B
Q1 2022286$2.53B
Q4 2021273$3.05B
Q3 2021257$2.56B
Q2 2021249$2.48B
Q1 2021263$2.36B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Badger Meter Inc; share changes are against Q2 2025.

Institutions holding BMI in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Salomon & Ludwin, LLC210$38.0K0.00%+210New
MAI Capital Management208$37.1K0.00%−52−20.0%Reduced
Private Trust Co NA200$35.7K0.00%00.0%Unchanged
Frazier Financial Advisors, LLC200$35.7K0.02%00.0%Unchanged
ORG Partners LLC200$35.7K0.01%00.0%Unchanged
Huntington National Bank198$35.4K0.00%−12−5.7%Reduced
Dunhill Financial, LLC191$34.2K0.01%−5−2.6%Reduced
Brown Brothers Harriman & Co185$33.0K0.00%+71+62.3%Added
Caitlin John, LLC176$31.4K0.02%+176New
EverSource Wealth Advisors, LLC168$30.0K0.00%−39−18.8%Reduced
Banque Cantonale Vaudoise151$27.0K0.00%+28+22.8%Added
Fifth Third Bancorp138$24.6K0.00%+22+19.0%Added
SBI Securities Co., Ltd.135$24.1K0.00%−44−24.6%Reduced
Allworth Financial LP133$23.8K0.00%−13−8.9%Reduced
Wexford Capital LP127$22.7K0.01%+127New
Massmutual Trust Co FSB119$21.3K0.00%+1+0.8%Added
Parkside Financial Bank & Trust102$18.2K0.00%−4−3.8%Reduced
Canada Pension Plan Investment Board100$17.9K0.00%−100−50.0%Reduced
IAG Wealth Partners, LLC100$17.9K0.00%00.0%Unchanged
Umb Bank N A94$16.8K0.00%−31−24.8%Reduced
Golden State Wealth Management, LLC92$16.4K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd85$15.2K0.01%+85New
NBC Securities, Inc.75$13.4K0.00%00.0%Unchanged
Versant Capital Management, Inc74$13.2K0.00%−40−35.1%Reduced
Sterling Capital Management LLC72$12.9K0.00%00.0%Unchanged
Rocky Mountain Advisers, LLC72$12.9K0.00%00.0%Unchanged
Manchester Capital Management LLC72$12.9K0.00%+72New
Transamerica Financial Advisors, Inc.71$12.7K0.00%+71New
Addison Advisors LLC68$12.1K0.00%00.0%Unchanged
Hantz Financial Services, Inc.56$10.0K0.00%+18+47.4%Added
Bell Investment Advisors, Inc51$9.11K0.00%00.0%Unchanged
Clark Wealth Partners52$9.07K0.01%−40−43.5%Reduced
Larson Financial Group LLC50$8.93K0.00%−15−23.1%Reduced
Rise Advisors, LLC49$8.73K0.00%00.0%Unchanged
Bare Financial Services, Inc47$8.39K0.00%+8+20.5%Added
Root Financial Partners, LLC46$8.21K0.00%+46New
Private Wealth Management Group, LLC35$6.25K0.00%−3−7.9%Reduced
Winch Advisory Services, LLC34$6.07K0.00%00.0%Unchanged
Harbor Capital Advisors, Inc.34$6.00K0.00%−24,330−99.9%Reduced
UMA Financial Services, Inc.32$5.71K0.00%+2+6.7%Added
WPG Advisers, LLC29$5.18K0.00%−19−39.6%Reduced
Stance Capital LLC27$4.79K0.00%+27New
High Note Wealth, LLC23$4.11K0.00%+2+9.5%Added
Hemington Wealth Management24$4.00K0.00%−12−33.3%Reduced
Bogart Wealth, LLC22$3.93K0.00%00.0%Unchanged
Washington Trust Advisors, Inc.22$3.93K0.00%+22New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.20$3.57K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC19$3.39K0.00%−1−5.0%Reduced
Rothschild Investment LLC19$3.39K0.00%−33−63.5%Reduced
Farmers & Merchants Investments Inc18$3.21K0.00%−1−5.3%Reduced
Atlantic Trust, LLC15$2.68K0.00%00.0%Unchanged
TD Capital Management LLC13$2.34K0.00%00.0%Unchanged
Whittier Trust Co of Nevada Inc12$2.17K0.00%00.0%Unchanged
Essential Partners LLC12$2.14K0.00%−5−29.4%Reduced
MPWM Advisory Solutions, LLC12$2.14K0.00%00.0%Unchanged
Assetmark, Inc11$1.96K0.00%−2−15.4%Reduced
Creative Financial Designs Inc9$1.61K0.00%00.0%Unchanged
Clayton Financial Group LLC9$1.61K0.00%+9New
TD Private Client Wealth LLC9$1.58K0.00%00.0%Unchanged
Thompson Investment Management, Inc.8$1.47K0.00%00.0%Unchanged
Bellevue Asset Management, LLC8$1.43K0.00%+8New
DiNuzzo Private Wealth, Inc.6$1.10K0.00%00.0%Unchanged
Financial Network Wealth Advisors LLC6$1.08K0.00%−12−66.7%Reduced
Rakuten Securities, Inc.6$1.07K0.00%+6New
Fortitude Family Office, LLC5$8930.00%−1−16.7%Reduced
Rossby Financial, LCC5$8830.00%+5New
Concord Wealth Partners3$5360.00%00.0%Unchanged
Raffa Wealth Management, LLC3$5360.00%+3New
SJS Investment Consulting Inc.2$3580.00%−1−33.3%Reduced
Abound Wealth Management2$3580.00%00.0%Unchanged
Tortoise Investment Management, LLC2$3570.00%−3−60.0%Reduced
HFM Investment Advisors, LLC2$3570.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC2$3570.00%+1+100.0%Added
Guerra Advisors Inc2$3570.00%+2New
Colonial Trust Advisors1$1800.00%00.0%Unchanged
TFC Financial Management1$1790.00%00.0%Unchanged
Rialto Wealth Management, LLC1$1790.00%00.0%Unchanged
Copeland Capital Management, LLC1$1780.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.0$10.00%−165−100.0%Reduced
Cloud Capital Management, LLC2$00.00%+2New
Westfield Capital Management Co LP0$00.00%−612,809−100.0%Sold out
Lord, Abbett & Co. LLC0$00.00%−178,301−100.0%Sold out
Capital World Investors0$00.00%−53,299−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−42,072−100.0%Sold out
EAM Investors, LLC0$00.00%−23,427−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−22,117−100.0%Sold out
EAM Global Investors LLC0$00.00%−18,745−100.0%Sold out
Zacks Investment Management0$00.00%−17,259−100.0%Sold out
Donaldson Capital Management, LLC0$00.00%−16,469−100.0%Sold out
AXA S.A.0$00.00%−16,090−100.0%Sold out
Algert Global LLC0$00.00%−15,233−100.0%Sold out
Castleark Management LLC0$00.00%−13,490−100.0%Sold out
PDT Partners, LLC0$00.00%−11,036−100.0%Sold out
Wellington Management Group LLP0$00.00%−10,755−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−9,011−100.0%Sold out
Nebula Research & Development LLC0$00.00%−8,637−100.0%Sold out
Gallo Partners, LP0$00.00%−8,151−100.0%Sold out
Caxton Associates LLP0$00.00%−6,221−100.0%Sold out
Lido Advisors, LLC0$00.00%−5,373−100.0%Sold out
Integrated Quantitative Investments LLC0$00.00%−5,280−100.0%Sold out